India among top fintech hotspots globally: WEF study

A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. Illustration: Uttam Ghosh/Rediff The World Economic Forum study, released at its Annual Meeting of New Champions in China’s Tianjin, also said

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year. Photograph: Toby Melville/Reuters The airline, being piloted by Tatas since January 2022,

Sensex, Nifty surge nearly 1% on global rally

Benchmark indices Sensex and Nifty surged nearly 1 per cent on Wednesday, tracking a rally in global markets amid signs of easing tensions in West Asia following a ceasefire between Iran and Israel. Photograph: ANI Photo Extending its previous day’s

Indian carriers hit by Iran-led airspace closures after US base strike

Indian carriers are grappling with severe operational disruptions after Iran launched missile strikes on the US military base in Qatar late Monday. Photograph: Amir Cohen/Reuters This led to airspace closures for long hours in parts of West Asia. Iran, Qatar,

India enters top 100 in this prestigious list for first time

India has for the first time secured a place among the top 100 out of 167 countries ranked for their progress in achieving the Sustainable Development Goals (SDGs), according to a report published on Tuesday. According to the UN Sustainable

S&P ups India’s FY26 GDP growth estimates to 6.5%

S&P Global Ratings on Tuesday upped India’s GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a “significant pressure”

Sensex pares gains; ends up 150 points

Equity benchmarks Sensex and Nifty on Tuesday gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid reports of a ceasefire violation between Iran and Israel. In the morning trade, markets

Venugopal Garre: ‘Our Nifty Target For December 2025 Is 26,500’

‘We continue to view India as a standout within EM.’ Illustration: Dominic Xavier/Rediff Mid and smallcap stocks took a beating during the market correction earlier this year. Venugopal Garre, managing director and India head of research at Bernstein, tells Puneet

Institutional investments in Indian real estate set to fall

Institutional investments in Indian real estate are estimated to decline 37 per cent to $3.06 billion during the first half of this year on global economic uncertainties, according to JLL. Real estate consultant JLL India data showed that institutional investments

Rare Earth Magnet Importers Consider ‘Force Majeure’

Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China. IMAGE: Workers transport soil containing rare earth elements for export at a port