‘Bank borrowings to dominate NBFC funding mix in FY27’

CRISIL Ratings forecasts a significant increase in the share of bank loans for non-banking financial companies (NBFCs) by FY27, as elevated bond yields make bank credit a more attractive and cost-effective funding option. Illustration: Uttam Ghosh Key Points The share

Rs 501 Phone: Odisha High Court Quashes Complaint Against Mukesh Ambani

‘Courts are not moved by spectacle. They act when the facts, as they stand, call for the law to step in.’ IMAGE: Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani. Photograph: Niharika Kulkarni/Reuters Key Points Orissa high court ruled

Gold and Silver Prices Jump in India Ahead of Akshaya Tritiya

Gold and silver prices have seen a significant surge in the national capital, driven by robust pre-festival buying from jewellers and stockists ahead of the auspicious Akshaya Tritiya, despite a dip in international market rates. Photograph: Lisi Niesner/Reuters Key Points

India Unemployment Rate March 2026: Urban Joblessness Rises to 5.1%

India’s unemployment rate for individuals aged 15 and older saw a slight increase to 5.1 per cent in March 2026, primarily driven by a notable rise in joblessness within urban areas, as revealed by the latest government data. Illustration: Uttam

Samhi Hotels’ arm inks lease deal with Ingka Centres for 162-room Noida hotel

Branded hotel ownership and asset management platform Samhi Hotels Ltd on Wednesday (April 15) said it has signed a long-term lease/sub-lease agreement for a 162-room upscale hotel project in Noida through its wholly owned subsidiary, SAMHI Skyline Private Ltd. The

Can oil prices above $90-100 over next few months pull Nifty 50 to 20,000 levels? What experts say

The crude oil prices have remained above $90-100 per barrel for over one and a half months now as the conflict in the Middle East has impacted supply following the near-closure of the Strait of Hormuz. This has cast a

AI for Good Governance: How India is Leveraging Artificial Intelligence

Vice President Radhakrishnan urges the adoption of artificial intelligence for good governance, emphasising its role in empowering governments and fostering an inclusive and efficient ‘Viksit Bharat’ in India. IMAGE: Illustration: Dominic Xavier/Rediff.com Key Points Vice President Radhakrishnan advocates for embracing

Paytm Achieves Majority Indian Ownership: Impact on Investors and Future Growth

Paytm achieves a significant milestone, transitioning to majority Indian ownership as domestic investors increase their stake, signaling strong confidence in the company’s financial performance and future growth potential. Key Points Paytm has become a majority Indian-owned and controlled company, with

Indian Insurers Face Profit Squeeze in Q4FY26 Amid GST Changes & Equity Volatility

Indian insurance companies are set to experience a dip in profitability during the January-March quarter of FY26, primarily driven by the rationalisation of goods and services tax on retail life and health policies, which has resulted in a loss of

Cognizant Technoverse Hackathon 2026: Empowering Future Tech Leaders with AI Skills

Cognizant’s Technoverse Hackathon 2026 is set to empower over 20,000 engineering students across India with AI skills, fostering innovation and addressing real-world industry challenges. IMAGE: Illustration: Dominic Xavier/Rediff Key Points Cognizant launches Technoverse Hackathon 2026, a national platform for engineering