Market regulator Sebi on Thursday said that timelines for portfolio rebalancing in mutual fund schemes will now be applicable to all types of passive breaches across actively managed schemes, which was earlier limited to only asset allocation. Illustration: Uttam Ghosh/Rediff
Rallying for the third consecutive session, equity benchmark indices Sensex and Nifty surged over 1 per cent on Thursday, powered by intense buying in market heavyweights HDFC Bank, Reliance Industries and ICICI Bank as geopolitical tension in the Middle East
Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. Photograph: Amir Cohen/Reuters The Adani group, Vedanta, Jindal Steel & Power, Dalmia
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 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,
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 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 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 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”
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
