Mother Dairy hikes milk prices by up to Rs 2/litre

Mother Dairy has hiked milk prices by up to Rs 2 per litre effective Wednesday to partly offset rising input costs. The price revision will be effective from April 30, 2025 across its market, a company official said on Tuesday.

SC orders CBI probe on 'builders-banks nexus'

Observing an “unholy nexus” between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited. Source link

Only 12% Indian households can afford to buy a car: Maruti’s Bhargava

Car purchases in India are largely limited to the top 12 per cent of households with an annual income exceeding Rs 12 lakh, while even small cars have become unaffordable for the remaining 88 per cent, said R C Bhargava,

Most active equity funds beat benchmarks

Majority of equity fund managers were able to squeeze in some extra returns over their benchmarks in 2024-25 (FY25). While some managed to do so by delivering outsized returns during the equity market rally in the first half of the

High US tariffs pushing Chinese exporters to tap Indian firms

American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters’ body FIEO said on

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Benchmark BSE Sensex soared by 1,006 points to close above 80,000 level on Monday as a sharp rally in Reliance Industries and private banks, and foreign fund inflows helped stock markets cut short two days of fall amid India-Pakistan border

India draws up blueprint to reduce US trade surplus

Govt nudges industry stakeholders to raise imports from Washington Photograph: Martin Pollard/Reuters India is exploring strategies to reduce its over $40 billion trade surplus with the US – a key concern for the Donald Trump administration — to fast-track the

Accounting lapses in derivatives to cost IndusInd Bank Rs 1,960 crore in FY25

IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank Rs 1,960 crore in FY25. Photograph: Anushree Fadnavis/Reuters A bank-appointed external auditor has determined cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as

Factors that will drive the markets this week

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week,

The Stunning Mumbai Airport’s Terminal 2!

With 5,500 pieces, the art museum at Mumbai’s T2 is one of Asia’s largest public art projects. Ahead of World Heritage Day, a walk through its mural-filled corridors. Photographs: Rajesh Karkera/Rediff Unless they miss a flight or two, many of