Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent more than the Rs 39,880 crore raised in FY24
Big Girls Don't Cry is too solemn to be fun and too timid to be truly bold, feels Deepa Gahlot.
Lok Sabha Speaker Om Birla on Wednesday ordered a high-level inquiry into the incident of two persons jumping into the house chamber from the public gallery with smoke canisters.
The Uttar Pradesh government has withdrawn the 'Y-category' security cover provided to Samajwadi Party leader Azam Khan, saying it was not needed, even as his party decried the move as "unfortunate."
Around six weeks ago, Sun Pharmaceutical Industries, India's largest drugmaker, suffered a setback, which led to a selloff in the share. The US District Court of New Jersey granted Incyte's request for a preliminary injunction against Sun Pharma's launch of Leqselvi, a drug that treats alopecia.
The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.
All India Rank achieves a fine balance of authenticity and sensitivity in the fine portrayals of its young actors and old.
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.
It is when one looks away from the immediate song and dance and at the granular detail of what has been going on since 2014 that one realises what the quality and competence of thinking and execution is in this project we call New India, asserts Aakar Patel.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'In my mind, it was very clear you can't do worse than that (Adelaide). You'll have a day when the luck is in your favour and you can bounce back. And that's exactly what happened.'
Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.
Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.
A rare glimpse of Samant Kumar Goel, who heads the Research and Analysis Wing, India's external intelligence agency as he attends a meeting at the home ministry at North Block in New Delhi on Tuesday, December 6, 2022.
A medical oncologist at the Kalaignar Centenary Super Speciality Hospital in Chennai was stabbed seven times on Wednesday by the son of a patient allegedly over grievances on treatment to his mother at the same facility, a hospital official said.
Babaria said he offered his resignation to the high command soon after the result of the Haryana assembly polls came out last week but no decision has been communicated to him over the matter.
More than 11,000 personnel of various agencies including Gujarat Police, NSG, RAF, and home guards among others will be deployed in Ahmedabad and at Narendra Modi Stadium in Ahmedabad during the India-Pakistan World Cup cricket match on October 14, a senior officer said on Monday.
Of the total 199 small and medium enterprises (SMEs) listed this year so far, 22 had an issue size of less than Rs 10 crore, which the Securities and Exchange Board of India (Sebi) will no longer allow in the listed ecosystem after its recent consultation paper. The market regulator on Tuesday proposed an overhaul of the rules governing the initial public offerings (IPOs) of SMEs and corporate governance norms for listed SMEs, following concerns over 'systemic risk' seen in the ecosystem with instances of fund diversion and price manipulation.
This is Gen Pande's first visit to the sector after taking over as the chief of the Indian Army on April 30.
Defence sources stated that the disengagement involves removing infrastructure and withdrawing troops from both sides. The process is expected to be completed by Tuesday.
Rachin Ravindra and Will Young remained calm under pressure after the loss of two early wickets to get the job done, earning New Zealand only their third win on Indian soil in 38 attempts going back to 1955.
The West Bengal government has decided to upgrade the security cover of former Indian captain aSourav Ganguly to Z category
Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.
Protests erupted in Imphal, Manipur, on Monday, as a group led by the Coordinating Committee on Manipur Integrity (COCOMI) locked government offices in protest of the recent killing of three women and three children in Jiribam. The Manipur government also extended the suspension of internet services for two more days, till Wednesday, in seven districts of the state. The protests come amidst a fresh wave of unrest following the disappearance of six people from a displaced persons camp in Jiribam and the subsequent discovery of multiple bodies.
'It is never BCCI's call whether to travel to Pakistan but Indian government's. Nothing changes on that front.'
'The policies announced by his administration are implemented faster.'
Employees Provident Fund Organisation (EPFO) will migrate to a new information technology (IT) system within the next three months, Union labour minister Mansukh Mandaviya said on Wednesday. In July last year, a clutch of officers at the retirement fund body had written a letter to the Central government complaining about archaic and "collapsing" software systems. Subscribers too were facing problems due to it.
The opposition Maha Vikas Aghadi on Sunday released its manifesto for the Maharashtra assembly polls, promising free cervical cancer vaccines for girls aged 9 to 16 and and two optional leave days for women employees during menstruation.
Buch, under a cloud over allegations of conflict of interest levelled by United States-based short-seller Hindenburg, was asked to appear before the PAC, which is reviewing the performance of the market regulator.
"We should not have a repeat of what happened in Mumbai. That there was a terror attack and there was no response," Jaishankar told reporters in Mumbai.
In the meeting, Doval conveyed to Wang that peace and tranquillity in border areas and respect for the Line of Actual Control are essential for return of normalcy in bilateral ties, according to the ministry of external affairs.
Almost five years later, the three services have still not fully understood that joint/theatre commands are not a discussion point; they are the prime minister's diktat on a military reform measure that is in line with what armed forces around the world have implemented, points out Ajai Shukla.
Around 20 MLAs belonging to the warring Meitei and Kuki communities of Manipur met in New Delhi on Tuesday for the first time since ethnic violence broke out in the northeastern state 17 months ago, in a bid to hammer out a peaceful solution to the ongoing conflict.
Freedom At Midnight is a bold attempt to revisit the whole discourse about Partition, its causes, and the predicament under which the Congress leaders accepted it. It perfectly captures the extremely confused and complicated situation to which it seemed the only viable solution, observes Utkarsh Mishra.
'Asset allocation should change only if your goals, life situation, or risk profile have changed.'
Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.
A feeble fable masquerading as a robo rom-com, Teri Baaton Mein Aisa Uljha Jiya aspires to address what unrealistic expectations in a relationship can lead to, observes Sukanya Verma.
Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.
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