India's food regulator, FSSAI, has prohibited Dabur India from selling products like honey, cow ghee, and edible oils with '100 per cent' claims, deeming such labelling misleading and against regulations.
After four consecutive months of withdrawals, Foreign Portfolio Investors (FPIs) injected Rs 20,200 crore into Indian equities in July, driven by attractive valuations, improving corporate earnings, and a more favourable global environment.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a surge in crude oil prices and significant selling pressure on bank stocks, impacting overall investor sentiment. Track Sensex, Nifty on July 22.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
The Calcutta High Court has strongly criticised travelling ticket examiners (TTEs) for illegally selling unoccupied berths, likening it to 'selling vegetables in a market', after such an incident led to the death of a drugged theft victim on a train.
After four consecutive months of outflows, foreign portfolio investors (FPIs) have turned net buyers in Indian equities in July, investing over Rs 15,157 crore, driven by improving domestic macroeconomic indicators, a stable rupee, and better global risk sentiment.
A 34-year-old 'differently-abled' man, SabariVarman, arrested for selling tobacco products, died in judicial custody in Tamil Nadu's Kanniyakumari district, prompting his family to allege police brutality and stage protests demanding an investigation.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.
The Delhi High Court has temporarily halted a directive from the Food Safety and Standards Authority of India (FSSAI) that prohibited Dabur India from marketing certain food products with "100 per cent" claims. The court cited a lack of hearing for Dabur before the FSSAI order was issued, granting prima facie relief to the company.
Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.
The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
FIFA President Gianni Infantino reportedly sought support from the Trump administration following the collapse of his plan to sell a stake in World Cup commercial rights, facing mounting criticism and feeling 'isolated' by negative media coverage.
Mexico and Argentina's football associations have publicly backed FIFA President Gianni Infantino, despite a significant backlash over his abandoned proposal to sell commercial rights to the World Cup, with other confederations and national bodies expressing strong opposition.
FIFA has vehemently denied a report claiming President Gianni Infantino sought assistance from the U.S. President Donald Trump's administration following the collapse of a multi-billion dollar plan to sell a stake in World Cup commercial rights, calling the allegations 'pure fiction'.
Prince Ali bin Hussein, President of the Jordan Football Association, revealed that FIFA paid outstanding prize money to Jordan's national team after he accused FIFA President Gianni Infantino of blackmail. Prince Ali had alleged FIFA withheld funds for reaching the 2025 Arab Cup final, linking payment to his endorsement of Infantino. Despite receiving the funds, Prince Ali reiterated his refusal to endorse or vote for Infantino, highlighting ongoing concerns about FIFA's leadership and its presidential elections.
FIFA President Gianni Infantino's re-election bid is facing significant challenges as several national football federations, including Serbia, Sweden, and Wales, have withdrawn their support.
Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.
Five men have been arrested near Guruvayur temple in Kerala for allegedly plotting to kill a woman. The accused reportedly planned to disguise themselves as women to enter her hostel. The motive appears to be a relationship breakup, and the men were also found with cannabis and accused of selling drugs to children.
Former FIFA vice-president Jim Boyce has strongly criticised President Gianni Infantino's abandoned plans to sell a stake in the World Cup to private investors, labelling the proposal 'ludicrous' and urging FIFA to prioritise the interests of fans over profit.
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
FIFA President Gianni Infantino announced on Friday that the world soccer's governing body has abandoned its controversial plans to sell a stake in the World Cup to private investors, following widespread backlash from major confederations and internal dissent.
The national football federations of Serbia, Sweden, and Wales have withdrawn their support for FIFA President Gianni Infantino's re-election bid, with England's FA also expected to follow suit, intensifying the backlash against him following a failed plan to sell a stake in the World Cup to private investors.
Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.
Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
Gianni Infantino's position as FIFA president is deemed 'untenable' by the head of Europe's professional football leagues following his failed plan to sell a stake in the World Cup's commercial rights, a move that triggered widespread protest and a loss of confidence from regional confederations.
Jordan Football Association President Ali bin Hussein has publicly accused FIFA President Gianni Infantino of 'blackmail', alleging that FIFA offered to resolve the kingdom's football problems in exchange for his endorsement, a claim FIFA has been contacted about for comment.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
The number 10 shirt worn by Brazil's Pele in the 1958 World Cup final, where he scored twice against Sweden, has been sold for $4.9 million at a Sotheby's auction, making it the most valuable piece of memorabilia linked to the football legend.
FIFA President Gianni Infantino is holding a crisis meeting with top officials in Morocco to address the fallout from his failed attempt to sell commercial rights to the World Cup, a move that has led to widespread criticism and calls for his removal.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Indian benchmark indices Sensex and Nifty ended flat on Tuesday, with the Sensex dipping nearly 70 points, as investor sentiment turned cautious ahead of crucial global central bank policy meetings and a significant sell-off in Asian markets.
Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.
FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.
Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.
