Banks can now fund India Inc’s M&A drive

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks’ capital market lending in the country. Illustration: Uttam Ghosh “…to expand

Jim Rogers: ‘Gold, Silver Are Long-Term Insurance’

‘The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.’ Photograph: Francis Mascarenhas/Reuters Gold and silver prices have seen a phenomenal run thus far in 2025. Jim Rogers,

Car sales in fast lane in Sep on lower prices post GST rejig

Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. Photograph: Hamad I Mohammed/Reuters The month also saw Tata

India’s manufacturing activity falls to 4-month low in Sep

India’s manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday. Photograph: Anushree Fadnavis The seasonally

Sammaan Capital shares gain 25% in six consecutive days of gains — Here’s why

Shares of Sammaan Capital Ltd. gained another 5% on Wednesday, October 1, extending their gains up to 25% in six consecutive sessions. The last time it gained for six trading sessions in a row, was between June 5 to June

Tata Capital IPO: 10 key risks you should know about before investing in ₹15,512 crore issue

Tata Capital, the Tata Group NBFC initial public offering (IPO), is set to open for bidding on Monday, October 6, and will remain available to investors until Wednesday, October 8. The company aims to raise ₹15,512 crore through this IPO,

RBI raises FY26 GDP growth projection to 6.8%

The Reserve Bank on Wednesday revised upward its growth estimates for the current fiscal year to 6.8 per cent and lowered its inflation projection to 2.6 per cent based on an above-normal monsoon and the rationalisation of GST rates. Photograph:

Blue and grey-collar salaries in India rise 23% in two years

The salaries of India’s blue- and grey-collar workforce have increased by 23 per cent over the past two years, reflecting the growing demand and opportunities for the skilled workforce, a report said on Tuesday. Illustration: Dominic Xavier/Rediff The overall salaries

Sebi extends deadline to implement retail algo trading by April 2026

Capital markets regulator Sebi on Tuesday granted additional time to stock brokers for the full rollout of the retail algo trading framework by April next year, allowing a phased implementation to ensure a smooth transition to the new system. Illustration:

Kali Choudhury: From Hemet To Hollywood Park

A visionary entrepreneur migrated to the United States with almost nothing and built his estate in Hemet before turning his focus to Inglewood. IMAGE: A view of the under construction Kali Hotel in Hollywood Park. Photographs: Dr Kali P Choudhury