India’s FY26 GDP growth to slide to 6.2%: Nomura

India’s real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. Illustration: Dominic Xavier/Rediff In a research report, Nomura said there is a “divergence”

Gautam Adani under US lens once again, WSJ reports

Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion. Photograph: ANI Photos In a stock exchange filing,

Tesla not interested in manufacturing electric cars in India: Kumaraswamy

Global EV giant Tesla is not interested in manufacturing cars in India but keen on establishing showrooms in the country, Union Heavy Industries Minister H D Kumaraswamy said on Monday. Photograph: Mike Blake/Reuters US President Donald Trump has said that

India’s manufacturing sector growth falls to 3-month low in May

India’s manufacturing sector growth fell to a three-month low in May, restricted by inflationary pressures, softer demand and heightened geopolitical conditions, a monthly survey said on Monday. Photograph: Rupak De Chowdhuri/Reuters The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index

Silver ETFs Gain Ground Over Gold In 2025

‘While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.’ Photograph: Kind courtesy Geizkragen69/Pixabay   Silver could soon gain favour among investors, especially as global trade deals are formalised. While

FPIs infuse Rs 19,860 cr in equities in May

Foreign investors continue to exhibit confidence in the country’s equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. Illustration: Dominic Xavier/Rediff This positive momentum follows a net investment of Rs 4,223

Weak guidance may hit Sun Pharma in FY26

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India’s largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. Image used for representation purpose only.

HUL MD’s salary rises 3.7% to Rs 23 cr in FY25

HUL managing director Rohit Jawa’s total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Photograph: Kind courtesy, HUL Jawa’s annual package included a

Tech: AI will bring in ‘humongous changes’: IT Minister Vaishnaw

‘I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.’ IMAGE: Union Minister Ashwini Vaishnaw, during the inauguration of the VVDN Technologies’ state-of-the-art Mechanical

Sitharaman on how a nation creates wealth

Finance Minister Nirmala Sitharaman on Saturday said the government led by Narendra Modi refers entrepreneurs as wealth creators as the profit earned by them through ethical ways help drive development goals. Photograph: ANI Photo “Wealth creation in India has never