Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic Xavier/Rediff However, active banking funds have significantly lagged because of their heavy tilt
The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the “high-risk” cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said. Illustration:
India’s forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday. Illustration: Dado Ruvic/Reuters The overall reserves had increased by
The Indian economy grew by a higher-than-expected 8.2 per cent — a six-quarter high — as increased factory production in anticipation of a consumption boost from the GST rate cut helped offset deceleration in farm output. Photograph: Rupak De Chowdhuri/Reuters
Tejas Networks Ltd has received a ₹84.95-crore from the Ministry of Communications under the Production Linked Incentive (PLI) Scheme for telecom and networking products. The payment, released on Friday, November 28, represents the first tranche — 85% of the eligible
Penny stock under ₹10: SVP Global Textiles shares will be in the focus of stock market investors on Monday, 1 December 2025, after the company shares successfully hit their upper circuit levels on four out of five sessions this week.
The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. Illustration:
Byju’s founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust’s allegations that $533 million in ‘Alpha Funds’ was diverted by the company’s founders. Illustration:
Digital Connexion, a joint venture between Brookfield, Reliance Industries and Digital Realty, on Wednesday announced an investment of $11 billion till 2030 for building 1 gigawatt (Gw) state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh. Illustration: Dominic Xavier/Rediff This
iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover. IMAGE: People visit the Apple Store to buy the newly launched iPhone 17 at Select City Walk, New Delhi. Kindly note that this image
