Equity benchmark indices Sensex and Nifty fell sharply by nearly 1 per cent on Friday, snapping their six-day winning streak, amid intense selling in market heavyweights HDFC Bank and Reliance Industries. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex tumbled 693.86
Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns. Illustration: Dominic Xavier/Rediff India is rapidly losing favour
India’s economic growth is expected to be lower at 6.3 per cent this fiscal compared to the RBI’s projection of 6.5 per cent, a SBI Research Report said on Thursday. Photograph: Anushree Fadnavis/Reuters The report pegged the first quarter GDP
The GoM of state ministers on GST rate rationalisation on Thursday accepted the Centre’s proposal to move to a two-slab structure of 5 and 18 per cent. Illustration: Dominic Xavier/Rediff Bihar Deputy Chief Minister and convenor of rate rationalisation GoM
Stock markets extended the winning run to the sixth consecutive day on Thursday, with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. Photograph: ANI Photo The 30-share BSE Sensex climbed
What has surprised the industry is that the Bill has been tabled without any consultation.Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue. Kindly note the image have only been
The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Illustration: Uttam Ghosh Currently, health and life insurance premium attracts 18 per
For kids in the United States, the tariff imposed by the Donald Trump administration on countries like China may no longer be a child’s play, as toy prices are predicted to touch record highs this Christmas season. Photograph: Vanessa O’Connell/Reuters
India is set to become the world’s fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation. Illustration: Dominic Xavier/Rediff India marked its 79th Independence Day on
Rising for the fourth consecutive day, benchmark stock indices Sensex and Nifty closed higher on Tuesday following gains in oil major Reliance Industries and Tata Motors amid prevailing optimism over sweeping GST reforms and easing geopolitical worries. Photograph: Francis Mascarenhas/Reuters
