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

Sovereign wealth funds, pension players leave other FPIs blinking

Long-term players have been raising their bets on India. Illustration: Dominic Xavier/Rediff Entities controlled by governments — sovereign wealth funds, and pension funds — have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs)

Maruti Suzuki India burns rubber, leaves key rivals in its rearview

Automotive (auto) stocks have been among the best performers in the BSE 200 index in recent months. Photograph: Maruti Victoris/ Somnath Chatterjee More than half of the top 15 gainers over the past one, two, and three months have come

Moody’s downgrades Tata Motors’ outlook over JLR incident

Moody’s Ratings on Monday downgraded Tata Motors’ outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover which has led to a complete production halt. Photograph: Rajesh Karkera/Rediff The rating agency affirmed the Mumbai-based

Industrial output grows 4% in August

India’s industrial production grew at 4 per cent in August, mainly due to better performance by the mining sector, according to government data released on Monday. Photograph: Amit Dave/Reuters The Index of Industrial Production (IIP) growth rate for July has

Tylenol row may not hit India’s pharma exports

Amid controversy over US Pre­sident Donald Trump’s comm­ents linking the use of Tylenol and other related paracetamol products by pregnant women to autism in children, experts and industry executives say that since India’s export of the drug to the US is

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

The UK government on Sunday announced that it will support “iconic British brand” Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker’s supply chain following a