Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts. "Consumer Price Index (CPI) inflation breaching the upper limit of the RBI's tolerance band in October (6.2 per cent year-on-year) is not a favourable backdrop for the MPC to commence the easing cycle, even as the growth outcome disappointed the MPC's expectations," said Shreya Sodhani, regional economist at Barclays, who expects the policy repo rate to be kept unchanged in the December meeting.
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.
Telangana Chief Minister A Revanth Reddy has criticized Telugu actor Allu Arjun for attending the screening of 'Pushpa-2' despite police permission being denied. Reddy alleges that the actor continued to be present at the cinema hall even after a woman died in a stampede and criticized film personalities for showing more empathy to Allu Arjun after his arrest than to the injured boy involved in the incident. The CM also assured that there will be no special privileges for those involved in such incidents.
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.
Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.
He also said if security forces, the Union Territory administration and people come together, then terrorism could be eliminated from the region in a year.
Ravichandran Ashwin was bought by CSK for Rs 9.75 crore during the Day 1 of the IPL 2025 auction.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.
For diabetics those who prefer milk tea, rediffGURU Komal Jethmalani has a few suggestions.
Toxic grey smog has sickened tens of thousands of people, mainly children and elderly people, since last month when the air quality started worsening in Lahore, the city bordering India.
Rishabh Pant, India's star batter, has finally spoken out following his contentious dismissal and the team's defeat in the third Test against New Zealand at Wankhede Stadium in Mumbai on Sunday.
The right-hander feels that keeping India's relatively inexperienced pace attack, aside from Jasprit Bumrah, on the field for as long as possible could be the key for the hosts in the five-Test series beginning in Perth on Friday.
'I think today RBI supervision is much sharper than what it was earlier.'
Jake Paul is betting on himself to beat boxing legend Mike Tyson when the pair meet in the ring in Texas on Friday.
Olympic champion javelin thrower Neeraj Chopra on Sunday clarified that he is not injured but has pulled out of the Ostrava Golden Spike meet in Czech Republic on May 28 as a precautionary measure after he felt "something" on his adductor muscles during a recent training session.
Amid the political blame game over Bengal's potato ban, which led to shortages in Jharkhand and Odisha, Uttar Pradesh farmers are the unlikely winners.
Two soldiers who were critically wounded in Thursday's terror attack in Jammu and Kashmir's Gulmarg succumbed to their injuries, raising the death toll in the ambush to four.
From the 30 Sensex firms, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Claims of a spike in poverty and inequality in India during the Covid-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. The paper also noted that inequality fell in the country during Covid years, both in rural and urban areas as well as nationally. Panagariya, Columbia University Professor and former vice chairman of NITI Aayog and Vishal More of Intelink Advisors, New Delhi have co-authored a detailed paper 'Poverty and Inequality in India: Before and After Covid-19'.
If Virat Kohli had taken the DRS, the LBW decision would have been overturned.
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
They said the terrorists opened fire on the vehicle at Botapathri near Nagin post.
'The past few quarters have seen prohibitive fares for advance bookings, only to dip closer to departure.'
In a sign of the expanding Apple supplier ecosystem in India, American multinational Jabil Inc will set up an electronics manufacturing facility in Tiruchirappalli, Tamil Nadu with an investment of Rs 2,000 crore. Jabil is one of the 14 Apple suppliers in India, of around 200 globally, while another 14 have reportedly received preliminary clearance to form joint ventures with Indian companies to set up facilities. Interestingly, of the 14 existing manufacturing units in the Apple supply chain, seven are already in Tamil Nadu.
Mitchell Santner played through the pain barrier as New Zealand secured their maiden series win in India going back to 1955 and the left-arm spinner said picking up wickets regularly in the second test had helped him persevere.
The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.
France are only the third country to win back-to-back golds in men's volleyball after the former Soviet Union and the United States.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties. Economists told Business Standard that unless domestic growth slows markedly, the outlook on rate cut remains unclear. India's headline inflation touched a 14-month high of 6.2 per cent in October, breaching the MPC's upper tolerance band of 6 per cent.
New investors should gradually build a 5 to 10 per cent allocation to gold.
A cortisol belly is a common health problem resulting from elevated cortisol levels due to chronic stress, poor diet, lack of physical activity, inadequate sleep and overtraining, says clinical nutrition consultant Neha Sahaya.
Housing sales declined 5 per cent in the July-September quarter across the top eight cities due to a fall in new supply and sharp appreciation in prices, according to PropTiger. Real estate brokerage platform PropTiger.com, which is part of Australia's REA group that owns Housing.com, on Tuesday, released its report 'Real Insight' on India's residential market. A total of 96,544 units were sold in July-September, down 5 per cent from 1,01,221 units sold during the same period in 2023.
Usain Bolt said that advances in spike technology that could help wipe out his world records are laughable and that the new shoes also give an unfair advantage over any athletes not wearing them.
Botswana declares half-day holiday to mark first Olympic gold
The chargesheet submitted in a Raipur court on July 8 claimed the trio, who was in a truck, was chased by five accused in cars for 53km before they jumped off the bridge, the police sources said on Wednesday.
An immune-escape Covid-19 strain coupled with the natural spike in influenza and pneumonia cases during winters may lead to a rise in hospitalisation.
'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Positive macros - lower inflation, high forex reserves and favourable demand-supply dynamics for government bonds - make a strong case for rate cuts from December, says Devang Shah, head of fixed income, Axis Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Shah says this view may not hold true if commodity prices go up sharply.
Kang said that "at the moment, India is doing fine" but maintained that surveillance should be ensured to "detect signal of any changes in the behaviour of the virus".
The beautiful hill station of Shillong, known for its natural beauty and rich culture, has been named the most popular travel spot in India for 2025.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances