The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.
Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.
A newly married man in Uttar Pradesh, India, allegedly fled with a substantial dowry after deceiving the bride's family by posing as an IAS officer. Police are investigating the incident as a potential serial scam.
'The jail staff told me Kasab was served only jail food and not biryani.' 'They told me that Kasab was beaten regularly after court proceedings.' 'And they filled Kasab's bottle with urine so that whenever he felt thirsty he used to drink urine.'
'Being the winner of the very first season, especially among 50 strong players, is something that will always be remembered, and that makes me incredibly happy.'
'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'
The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
A 17-year-old boy in Lucknow has been detained by police after allegedly killing his father, who was reportedly a drug addict and abusive towards his family. The incident occurred after a dispute, and investigations revealed the father's substance abuse and mistreatment of family members as potential motives.
One consortium is led by Manipal Hospitals' Dr Ranjan Pai along with US private equity firm KKR and Singapore investment major Temasek. The other is a combine of Swedish private equity firm EQT and Premji Invest, the investment office backed by Wipro founder Azim Premji.
Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.
'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'
Inspections conducted across 49 entities including pharmacies, wholesalers, and clinics to detect violations and misleading marketing practices.
The BJP's West Bengal unit chief, Samik Bhattacharya, has alleged that at least five farmers have died by suicide in the state since February due to a potato price crisis, accusing the TMC government of negligence.
A young woman who gained fame during the Prayagraj Kumbh Mela has accused a film director of misbehaving with minor girls and claims she and her husband are receiving death threats.
Two foreign nationals, a Yemeni and a Palestinian, have been arrested in Hyderabad for allegedly peddling drugs. Police seized 150 grams of MDMA from the individuals, who were operating a drug distribution network between Hyderabad and Bengaluru.
The majority of investors fail to reach their financial goals, even if they started with a well-defined financial strategy. This isn't just about market volatility; it's a complex interaction of factors that include human psychology, inconsistent habits and lack of proper monitoring.
The majority of investors fail to reach their financial goals, even if they started with a well-defined financial strategy. This isn't just about market volatility; it's a complex interaction of factors that include human psychology, inconsistent habits and lack of proper monitoring.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
Delhi Police have registered multiple FIRs and seized hundreds of LPG cylinders in a crackdown on illegal storage, refilling, and black marketing operations amid concerns of potential supply shortages.
Indian stock market indices Sensex and Nifty closed nearly 1 per cent higher, marking their third consecutive day of gains, supported by a slight decrease in crude oil prices and positive global market trends.
A 17-year-old boy in Lucknow killed his father after becoming resentful of his father's spending on substance abuse, which was burdening the family financially. This incident follows a similar case in February where a man killed and dismembered his father.
A consortium led by Kal Somani, a tech entrepreneur, has acquired Rajasthan Royals for $1.63 billion, marking a significant milestone in IPL's history.
Among Sensex firms, Bharat Electronics, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Bajaj Finserv and Tata Motors Passenger Vehicles were the major laggards. However, Tech Mahindra, Asian Paints, Infosys, Adani Ports, Sun Pharma and HDFC Bank were the gainers.
'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'
Using a trading terminal is not suitable for all market participants. Before market participants start using a trading terminal, it is important for them to know who really needs a trading terminal and what they can do with it. Here, we will explore who should actually use a trading terminal.
Two land brokers have been arrested in Odisha's Ganjam district for allegedly defrauding a software engineer of 7.5 million by selling him a land parcel that had already been sold to others decades ago.
A man was arrested in Kerala for allegedly transporting MDMA from Coimbatore, with police seizing the drugs and his vehicle after a high-speed chase.
rediffGURU T S Khurana answers readers' personal income tax queries
Indian equity markets experienced a volatile session, with the Sensex and Nifty recovering some ground after a significant plunge the previous day. Gains were driven by PSU bank, IT, and metal stocks, but concerns over rising fuel prices and geopolitical tensions limited the recovery.
'In such a scenario, Iran could proclaim itself victor, rebuild, re-enforce its diminished regional proxies to further destabilise neighbouring nations and take control of the Persian Gulf and Strait of Hormuz.'
There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.
Indian stock market benchmarks Sensex and Nifty rebounded by over 1% on Monday, driven by value-buying in banking stocks after a three-day slump. Key gainers included UltraTech Cement, HDFC Bank, and Mahindra & Mahindra.
Between now and 2030, four new models will be designed and assembled in India, including 100 per cent electric and full-hybrid cars.
'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'
A 30-year-old man was fatally shot, and three others were injured in a shooting at a shop in Bawana, Delhi. Police suspect gang rivalry as the motive.
The BSE Sensex plummeted 1,236 points, wiping out nearly Rs 7 lakh crore in investor wealth, driven by escalating tensions between the US and Iran and subsequent market selloff.
For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.
Popularly known as 'Little India', Dimona has a large Indian-Jewish population, and the community members, mostly from the state of Maharashtra, maintain strong links with India and have consistently put efforts to solidify them.
From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.
