The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
From the Sensex firms, Bharti Airtel, Power Grid, Tech Mahindra, Infosys, Bajaj Finance and Reliance Industries were among the major laggards. However, Larsen & Toubro, Bharat Electronics, UltraTech Cement and Maruti were among the gainers.
If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.
The Supreme Court of India has acquitted Surendra Koli in one of the Nithari murder cases, paving the way for his release. Koli was earlier acquitted in other Nithari killing cases.
India's forex reserves rose $2.29 billion to $698.95 billion for the week ended June 13, the RBI said on Friday. The overall reserves had increased by $5.17 billion to $696.65 billion for the previous reporting week ended June 6.
The NC has won every assembly election in Budgam whenever it has fielded a candidate from the Shia-dominated segment. The only time the seat was not represented by the NC was in 1972 when the party had boycotted the polls across J-K.
India's forex reserves increased by $5.17 billion to $696.65 billion for the week ended June 6, the RBI said on Friday. The overall reserves had dropped by $1.24 billion to $691.49 billion for the week ended May 30.
Unidentified men posing as central government officials intercepted a cash van in Bengaluru and allegedly fled with about Rs 7 crore. Police are investigating the incident and have formed teams to hunt for the suspects.
"The new upgraded Passenger Reservation System (PRS) will allow over 1.5 lakh ticket bookings per minute. This will be an increase of roughly five times from 32,000 tickets per minute in the current PRS," it added.
A two-judge bench of the top court had on August 11 directed authorities in Delhi-National Capital Region (NCR) to start picking up stray dogs from all localities "at the earliest" and relocate the animals to dog shelters.
Rohit Sharma and Virat Kohli, who returned to international cricket for the three-match ODI series against Australia recently, were not considered for India A's three-match one-day series against the touring South Africa A side, beginning in Rajkot on November 13.
If the Thackerays don't save a Marathi school in their backyard, who will, wonders Syed Firdaus Ashraf.
Algo trading should be segregated in a separate account with only risk capital deployed.
Grandmaster Arjun Erigaisi will take on an in-form Levon Aronian of Armenia, while P Harikrishna will have to tackle giant-killer Jose Eduardo Martinez Alacantara of Mexico in the pre-quarterfinals of the World Cup in Panaji, Goa.
'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'
'Without our support Nitish Kumar wouldn't have become chief minister.' 'After the government was formed we became ministers, but our agenda remained the same: Amit Shah had promised reservation for Nishads.' 'He wouldn't listen, so we went to UP and contested 52 seats in the 2022 elections. He didn't like the idea of rebellion.' 'He saw that this man, coming from Bombay, is very sharp. He's made four MLAs now, tomorrow he'll make 40. A time will come when they will make it 125.' 'They bought our MLAs and ousted us from the government.'
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
Dr Umar Nabi was allegedly driving the Hyundai i20 car that was used in the blast near the parking area of the Red Fort Metro Station on Monday, killing at least 12 people. He hails from Koil village in Pulwama, they said.
Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.
The ruling National Democratic Alliance on Friday secured a thumping majority in the Bihar Assembly, winning 202 seats in the 243-member House, as results for all the constituencies were declared by the Election Commission.
The NDA in Bihar, led by Chief Minister Nitish Kumar, strategically countered the Mahagathbandan's moves by implementing similar policies and announcements, effectively neutralising the MGB campaign promises and maintaining their political advantage.
The Congress's performance in the Lok Sabha elections showed that it may be down but not out, and Modi is determined to ensure that in the next round in 2029, it is consigned to irrelevance, points out Saisuresh Sivaswamy.
Following their landslide victory in the Bihar assembly polls, NDA leaders have begun discussions on forming a new government. Key coalition partners visited Chief Minister Nitish Kumar's residence, expressing support for his continued leadership. The article also touches on political developments within the RJD and reactions to the election results.
Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.
The country's largest lender SBI is open to collaborating with foreign banks once the Reserve Bank makes it possible for local banks to do acquisition finance, its chairman CS Setty said on Tuesday. Speaking to reporters, weeks after the central bank announced its intent to allow Indian banks to fund companies for executing domestic acquisitions, Setty acknowledged that the "MNC (multinational companies) banks" are dominant in the space.
The Supreme Court questioned petitioners who challenged the accuracy of India's COVID-19 vaccine adverse effect data, suggesting they unduly trusted UK figures. The court heard arguments about alleged deaths due to the Covishield vaccine and reserved its order.
As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.
From the Sensex firms, Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent and HDFC Bank were among the major laggards. However, Bharat Electronics, Larsen & Toubro, Tata Consultancy Services, ITC and State Bank of India were the gainers.
A new report indicates that increasing unconditional cash transfer schemes for women across 12 Indian states are impacting their fiscal health, with six states projecting revenue deficits.
As someone who could not predict a single beat in advance, who was exhilarated by its audacity to throw random elements together and take chances all over the place, Sreehari Nair thinks Odum Kuthira Chaadum Kuthira is one of the best films of the year.
The 38-year-old said he had been dealing with the injury throughout the tournament in Athens.
'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'
'This election was won because of Nitish Kumar's face and his policies.'
Pakistan and the Afghan Taliban have resumed peace talks in Istanbul, aiming to address cross-border terrorism and prevent further escalation. The talks follow recent clashes and a temporary ceasefire, with Pakistan demanding that Afghan soil not be used for terrorism.
From the Sensex firms, Adani Ports, NTPC, Power Grid, HCL Tech, Tata Steel, Sun Pharma, Trent and Asian Paints were among the major gainers. However, Bharat Electronics, Eternal, Mahindra & Mahindra and Maruti were among the laggards.
India's forex reserves dropped by $1.24 billion to $691.49 billion for the week ended May 30, the RBI said on Friday. The overall reserves had jumped by $6.99 billion to $692.72 billion in the previous reporting week.
The Melbourne Cricket Ground (MCG) fell silent on Friday as players from India and Australia, along with match officials and staff, paid an emotional tribute to 17-year-old cricketer Ben Austin, who tragically lost his life after being struck on the neck during a training session earlier this week.
The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.
Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore.
Days after an outage at MCX, Sebi chairman Tuhin Kanta Pandey on Tuesday expressed his displeasure over "repeated" instances of breakdowns at exchanges.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances