Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The Enforcement Directorate has filed a chargesheet against businessman Raj Kundra in a bitcoin 'scam,' alleging he was a beneficial owner and concealed evidence.
Indian cricket fans, who love turning up for IPL matches across the country, will have to shell out more for tickets next season with government raising the Goods and Services Tax.
'One of the challenges we encounter in Dubai Stadium is the lights are slightly different.'
'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'
Industrialist Gautam Adani-led Adani Group is looking to invest around $60 billion up to FY32 in power sector, especially in renewables, generation and transmission/distribution. In an investor presentation, Adani Power said the group plans $21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25.
'What we are witnessing is not a freak incidence or a freak occurrence, but a new climate reality where warming oceans, monsoon variability and local geography are combining to produce extreme events.'
In Professor Sulochana Gadgil's passing, India has lost a scientific giant, a fierce intellect, and a compassionate soul, remembers Dr Madhavan Nair Rajeevan.
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions, aimed at easing the current liquidity tightness in the banking system, will begin on Friday, with a notified amount of Rs 50,000 crore.
Pacer Prasidh Krishna says the unpredictable nature of the pitch at the Sydney Cricket Ground will keep them in the hunt since batting won't be easy for Australia in the fourth innings.
There are some apparent paradoxes visible in the data from the first quarter of 2025-26 (Q1FY26). The gross domestic product (GDP) delivered a positive surprise with 7.8 per cent year-on-year (Y-o-Y) growth.
'If I have to go back, I would rather go back now because I don't want to face that situation when I'm in my 40s.' A young couple's journey through immigration uncertainty reveals not just the human cost of policy announcements, but a surprising rekindling of love for the homeland left behind.
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, guides students on how to prepare for engineering entrance exams and secure engineering admissions.
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
Steve Smith's magnificent 71 guided Australia to 221 for seven at stumps on Day 3 of the second Test against the West Indies in Grenada on Saturday, helping the tourists to build a commanding 254-run lead despite late wickets and persistent rain interruptions.
While Ricky Ponting has declared England "red-hot favourites," he's not writing off India just yet-especially given their familiarity with worn-out, turning tracks.
'There is a reason why wickets often fall after a change of bowling. It forces the batter to recalibrate. That variability isn't available to Shubman Gill with his current crop'
Australia had South Africa reeling at 43-4 at the close on Wednesday after being put in to bat first and scoring 212.
Sai Sudharsan was shadow batting on a covered square at Old Trafford on the eve of the fourth Test, an old habit that keeps the top-order batter mentally ready for the next opportunity that comes his way.
The ground brought sanity to the wild, soaring numbers for the batters in the series. The wicket had grass, and it made the batters struggle.
India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.
Gill clashed with England openers Zak Crawley and Ben Duckett, accusing them of deliberately wasting time.
Images from Day 5 of the third Test between England and India at Lord's on Monday.
Fired-up England reduced India to 58/4 chasing 193 for victory in a highly-charged final session on day four on Sunday as a gripping third Test at Lord's.
Ravindra Jadeja and Washington Sundar struck unbeaten centuries as India staged a superb fightback on the final day to draw the fourth Test against England.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
The temperatures in Leeds are expected to hover between 15 to 21C which is not ideal for batting, especially under cloudy skies and breezy conditions.
The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
Adani Group has commissioned India's first off-grid 5 megawatt green hydrogen pilot plant in Kutch, Gujarat, the conglomerate said.
Trailing 0-1 in the five-match series, visitors eye spin boost at Edgbaston.
The death toll included over 450 from intense heat wave last summer, according to the World Meteorological Organization.
Led by Shubman Gill, a defiant India put on a mentally strong and technically disciplined response to keep the series alive with England 2-1 up. While there were plenty of positives to take forward, a few concerns continue to linger as the series heads to a decider at The Oval.
Bengaluru-based Infosys has announced that 80 per cent of the variable pay will be distributed to eligible employees for the quarter ending June 30, according to media reports. This amount will be included with the August month's salary. In contrast, Infosys had paid out 60 per cent of the variable pay in the fourth quarter of financial year FY23.
The southwest monsoon has arrived in Mumbai 16 days before its usual date, making it the earliest arrival since 1950. This early onset follows the monsoon's arrival in Kerala, the southernmost state, on Saturday, marking the earliest arrival since 2009. The India Meteorological Department (IMD) predicts an above-normal rainfall for the 2025 monsoon season, with rainfall between 96 per cent and 104 per cent of the 50-year average of 87 cm considered 'normal'. The monsoon is crucial for India's economy, providing vital water for agriculture and replenishing reservoirs.
Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.
We have lost battle but not war: Punjab Kings skipper Shreyas Iyer
Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.
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