India’s industrial production growth slowed to 2.7 per cent in April 2025 due to poor performance of manufacturing, mining and power sectors, according to official data released on Wednesday. Photograph: Amit Dave/Reuters The factory output, measured in terms of the
Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. Photograph: Francis Mascarenhas/Reuters The 30-share BSE barometer declined 239.31
K Krithivasan, the chief executive and managing director of India’s largest IT services company TCS, took home a remuneration of Rs 26.52 crore in FY25. IMAGE: Krithi Krithivasan, MD and CEO, TCS. Illustration: Dominic Xavier/Rediff The CEO’s remuneration package increased
Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund
State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. Illustration: Dominic Xavier/Rediff The country’s biggest
The income tax department on Tuesday extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. Photograph: Kind courtesy Nataliya Vaitkevich/Pexels.com The extension applies to individuals, HUFs and entities who do not
Competition from Nepalese teas — which has duty free access to the Indian market — has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability. IMAGE: A tea estate in Darjeeling. Photograph: Rupak De Chowdhuri/Reuters Two years after
NITI Aayog member Arvind Virmani on Monday said India is set to become the fourth largest economy in the world by the end of 2025, an assertion which came days after NITI CEO BVR Subrahmanyam claimed India has already overtaken
Listed paint majors posted another lacklustre showing in the January–March quarter (Q4) of 2024–25 (FY25), with average revenue growth under 3 per cent. Photograph: Courtesy, Berger Paints Sales were weighed down by Asian Paints — the market leader and the
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. Illustration: Uttam Ghosh/Rediff The visit gains importance as
