Every million-plus city should be required to prepare a statutory 20-year City Spatial and Economic Plan, updated every five years, with three non-negotiable elements — a transport network plan, a housing supply plan with annual unit targets, and a land-value
India must build enduring national capabilities to deal with the challenging geopolitical scenario. Illustration: Dominic Xavier/Rediff Key Points Swadeshi is inevitable and necessary, the Survey said Economic interdependence is now increasingly perceived as a channel of vulnerability: Survey India must
State-owned lenders hold a dominant 60 per cent market share in the business, while gold-loan focused NBFCs (non banking finance companies) hold an 8.1 per cent share of the portfolio outstanding. Illustration: Dominic Xavier/Rediff The gold loan portfolio across the
Despite heavy FPI selling, indices are still only about 5 per cent below record highs. Illustration: Dominic Xavier/Rediff Key Points Market breadth remained weak, with 2,989 stocks declining and 1,229 advancing The spot gold hit a new high of $4,976.59
Buy-sell swaps are primarily being deployed to lengthen the maturity of the forward book. Illustration: Dominic Xavier/Rediff Key Points A 90-day VRR auction for Rs 25,000 crore will be conducted on January 30. The RBI has maintained that OMO purchases
The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week. Illustration: Dominic Xavier/Rediff India’s foreign exchange reserves rose by $14 billion
Foreign portfolio investors withdrew over Rs 22,530 crore ($2.5 billion) from Indian equities so far this month amid rising US bond yields and a stronger dollar, continuing their selling streak from last year. Illustration: Dominic Xavier/Rediff This came following an
The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. Illustration: Dominic Xavier/Rediff The maturing short positions in the non-deliverable forwards market further weighed on the
