The Union Public Service Commission (UPSC) has announced mandatory face authentication for all candidates at examination centers and introduced stricter eligibility criteria for the Civil Services Examination (CSE) 2026.
'The first time India has seen two consecutive blockbuster IPO years.'
Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.
The passenger vehicle (PV) business of Tata Motors, which also includes the electric vehicle and Jaguar Land Rover businesses, post-demerger is now valued at Rs 1.45 trillion.
This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.
Pre-initial public offering (IPO) allotments have fallen out of favour over the past two years amidst buoyant primary markets and increasing average float sizes. In 2023, 13 firms raised a record Rs 1,074 crore through pre-IPO placements.
Major Syed Moiz Abbas Shah, 37, was killed on Tuesday in a clash with the Taliban militants in the Sararogha area of South Waziristan near the Afghan border, according to a statement by the Inter-Services Public Relations (ISPR), the media wing of the army.
The nine targets struck under 'Operation Sindoor', four in Pakistan and five in Pakistan-occupied-Kashmir, were chosen by the IAF after receiving intelligence inputs about terror camps operating under the guise of health centres to evade detection at these sites, officials said on Wednesday.
'We should not just react when a terror attack happens on our soil.' 'Our approach should be continuous and a launch pad should be destroyed the moment it comes up.'
Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
Squadron Leader Kanwal Deep Mehra's daredevilry during the 1971 War brought down a Pakistani F-86 Sabre. But he had to bail out of his plane, was badly injured. Then a fierce band of armed guerillas evacuated him to safety at great risk to their lives.
Pakistan may want to undertake a 'false flag' operation in J&K to divert attention from the situation in Balochistan and Khyber Pakhtunkhwa but infiltrating one SSG battalion into J&K and having two SSG battalions waiting to follow suit means war, which Pakistan cannot afford in its current economic crisis, notes Lieutenant General Prakash Katoch (retd).
Government announcements for the building of new roads, railways, and other capital expenditure (capex) projects may have hit an all-time low, according to numbers for the December quarter.
People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.
The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months. A mix of large domestic announcements and relatively lower growth in foreign capital expenditure (capex) plans have played a role, although foreign investments remain near record levels. The share of foreign companies in the overall private sector investments over the four quarters ended June 2023 has dipped to 14.9 per cent, as shown by a Business Standard analysis of data from the project tracker Centre for Monitoring Indian Economy.
Two commandos of the special forces were also killed in the rescue operation that was launched after negotiations between the government and the banned Tehreek-e-Taliban Pakistan militants to end the hostage crisis failed.
The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the non-executive chairman. Nand Kishore, who was serving as an executive director, has been made the managing director, according to the company. In the wake of financial misdoings coming to light, the corporate affairs ministry had superseded the board of IL&FS in October 2018.
Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.
Siachen 1987 reveals for the first time the Northern Army's 'intent' to use Siachen as an excuse to capture the strategic town of Skardu in PoK, notes military historian Colonel Anil A Athale (retd).
Most of the long-only funds are closed-ended. This means that investors have to lock in their money for a fixed period before they can take it back.
Sanil Basutkar, Co-founder, HealthySure, lists the benefits of availing a group health insurance policy.
Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.
Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.
New Zealand's cricket team will fly out of Pakistan in a chartered flight on Saturday, even as the cricket community is fuming over the sudden and unilateral decision of the visitors to abandon the tour due to a security threat.
The IPO lane will continue to be busy in December as 10 companies have lined up initial share-sale plans worth more than Rs 10,000 crore, merchant banking sources said on Wednesday. Moreover, the initial public offerings of Star Health and Allied Insurance and Tega Industries are currently open for public subscription. This comes after 10 firms successfully concluded their initial public offerings (IPOs) in November. Among the companies that scheduled their IPOs in this month include RateGain Travel Technologies, travel and hospitality technology services provider, and Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi.
The plan was to expand further, add more branches and also eventually become the third bank in India to start a wholly owned subsidiary after Singapore's DBS Bank and State Bank of Mauritius, but those plans never materialised due to lack of scale and rising non-performing assets in the country.
LIC owns 3.69 per cent of the total listed universe based on available disclosures, the lowest since at least June 2009.
Amid the ongoing festival season in the country, the hiring of gig workers has zoomed across sectors as the businesses have begun opening up leading to an uptick in consumer sentiments and rising pent-up demand, according to experts. "In the third quarter, with the onset of festive season, we are witnessing a 400 per cent spike in the hiring for gig workers. Earlier, in the first quarter of this year, as many businesses and companies were not operating at full strength, growth was muted. "However, things began picking up and became more promising from the second quarter, as the demand for gig workers across sectors grew," Taskmo, a subsidiary of Quess Corp, co-founder Prashant Janadri told PTI.
The Indian retaliation came after Pakistani forces resorted to heavy shelling in several areas in north Kashmir, killing five security personnel and six civilians. A number of videos released by the Indian Army showed destruction of several Pakistani positions and bunkers across the LoC with some of them going up in flames following the Indian retaliation.
In the about two-minute video, at least four bodies could be seen, which the Army sources said, were of Pakistani intruders.
In the order, the CVC has outlined procedure for government organisations for obtaining vigilance clearance for retired-babus before employing them.
Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.
When Indian troops went to the spot to 'seek close contact to destroy them', they found an action camera in which their movement was captured.
A favourable monsoon and government support to the rural economy are among the reasons that agrochemical companies, including makers of pesticides and fertilisers, have done well.
Omar, presently kept in detention at Hari Nivas, is likely to be shifted as the J-K administration plans to use the place to host a ministerial delegation from the Centre.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
An orange alert has been sounded for Srinagar, Avantipur, Jammu, Pathankot, Hindon airbases after the monitoring of the terrorists' movements by the intelligence agencies.
All Pakistani moves towards peace will be seen as tactical compromises, to be abandoned when the situation changes, observes Colonel Anil A Athale (retd).
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
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