Carmakers post record sales in Oct driven by GST rate cut

Top carmakers led by Maruti Suzuki, Mahindra & Mahindra, Tata Motors Passenger Vehicles and Kia India on Saturday reported record sales in the domestic market riding on festive demand boosted by GST rate cut. Photograph: Babu/Reuters Other manufacturers such as

Vedanta net profit plunges 59% on exceptional losses

Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. Photograph: Danish Siddiqui/Reuters The company had

UPI Goes Global, Fintech Hits A Wall

‘When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.’ Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   Addressing cross-border payment challenges

Maruti Suzuki Q2 net profit rises 8% to Rs 3,349 cr

Maruti Suzuki India Ltd on Friday reported an 8 per cent rise in consolidated net profit to Rs 3,349 crore for the second quarter ended September 30, driven by robust exports growth. Photograph: Amit Dave/Reuters The company had posted a

India’s manufacturing activity falls to 4-month low in Sep

India’s manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday. Photograph: Anushree Fadnavis The seasonally

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: