Indian services sector growth hits 11-month high in July

The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. Illustration: Dominic Xavier/Rediff The seasonally adjusted HSBC India

US did not accept India’s request for consultations at WTO over import tariffs: Minister

The US did not accept India’s request for consultations under an agreement of the World Trade Organisation (WTO) concerning American tariffs on steel, aluminium, and related derivative products, Parliament was informed on Tuesday. Illustration: Dominic Xavier/Rediff The US has maintained

Sensex drops 308 pts; RIL, HDFC Bank major drags

Benchmark stock indices Sensex and Nifty closed lower on Tuesday following selling in oil & gas and banking shares ahead of the Reserve Bank’s monetary policy announcement on August 6. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex fell by 308.47

F&O market turnover jumps, Jane St or not

A ban on US-based high-frequency trader (HFT) Jane Street did little to dent activity in the derivatives segment, with July volumes rising 10 per cent month-on-month to an eight-month high. Illustration: Dominic Xavier/Rediff Analysts and experts said the jump may

Will RBI Cut Repo Rate Following Trump’s Tariffs?

‘The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.’ IMAGE: Reserve Bank of India Governor Sanjay Malhotra. Photograph: Francis Mascarenhas   The Reserve Bank of India’s Monetary

Adani Power seeks shareholders’ nod for stock split

Adani Power will seek shareholders’ approval for stock split in the ratio of 1:5 through postal ballot notice issued on August 1, 2025. Photograph: Dado Ruvic/Reuters According to the notice, the equity shares of the company of Rs 10 each

India Inc promoters holding slumps to 8-yr low in Q1

Promoters’ ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of

FinMin Raps PSBs on Property Doc Delays

State Bank of India has 18,000 pending cases and Bank of Baroda has around 1,000 cases. IMAGE: The Union ministry of finance in New Delhi. Photograph: Jitender Gupta/ANI Photo   The Union ministry of finance has chided publicsector banks (PSBs)

Bihar Now Among Top 10 Investor States!

Bihar is now among the top 10 states in terms of investor base, surging past better-off states like Delhi, Haryana, and Punjab. Kindly note the image has been published only for representational purposes.. Photograph: Sergei Tokmakov/Pixabay   A government job

How Mahindra plans to tackle rare earth magnet shortage

Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sourcing channels for the next nine months and will pursue ‘engineering efforts’ to address the raw material shortage situation amid growing product portfolio, according to a senior company