Tata Sons chairman N Chandrasekaran has reassured Air India employees of the Tata Group’s unwavering commitment to the airline’s ambitious transformation, emphasising safety, service quality, and operational excellence amidst current global challenges. Kindly note the image has been published only
The Indian government has significantly increased the windfall tax on diesel and aviation turbine fuel (ATF) exports, effective immediately, aiming to bolster domestic fuel supply and mitigate the impact of volatile global crude oil prices. Photograph: Mansi Thapliyal/Reuters Key Points
A strong rebound in Indian equities has lifted sentiment, but the road ahead may not be driven by broad-based rallies, according to N Jayakumar, Group CEO & MD of Prime Securities. He believes the worst of the recent correction is
Stock market holiday: After recording its best weekly performance in over 5 years, the Indian stock market is poised to sustain these gains next week as ceasefire talks between the US and Iran are underway in Pakistan. However, traders and
India’s quick-commerce sector is grappling with profitability issues in saturated metro markets, necessitating strategic shifts like network consolidation and diversification into non-grocery categories to sustain growth, according to a new report by Bernstein. Illustration: Dominic Xavier/Rediff.com Key Points India’s quick-commerce
Despite a recent dip in share price, Bharti Airtel is strategically positioning itself for future growth through significant investments in its Nxtra data centre business, anticipated tariff hikes, and robust performance in its African operations, alongside efforts to expand its
The Indian rupee experienced significant volatility, closing 32 paise lower at 92.83 against the US dollar, as escalating US-Iran tensions and a crucial RBI deadline for banks to curb overnight positions weighed heavily on the forex market. Illustration: Dominic Xavier/Rediff
India’s foreign exchange reserves have surged by over $9 billion to $697.121 billion for the week ended April 3, 2026, as reported by the Reserve Bank of India, indicating a robust recovery after a recent dip and strategic interventions amidst
Gold loan NBFC Muthoot Finance Ltd on Friday (April 10) said its board of directors has approved an interim dividend of ₹30 per equity share (300%) for FY2025–26. Shareholders whose names appear as of the close of business hours on
AMFI Data: Investor preference appears to be shifting away from gold toward equities, with March data showing a sharp moderation in flows into gold-backed investment products even as equity mutual funds saw a surge in inflows. Gold exchange-traded funds (ETFs)
