Used cooking oil to produce sustainable aviation fuel: IndianOil

Cooking oil is often discarded after being used for frying at home or in restaurants. IMAGE: Used cooking oil is filtered to remove impurities. Photograph: Emily Chow/Reuters However, a refinery of IndianOil has now won a certification to use the

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

Mutual funds (MFs) — flush with cash amid record inflows in July — invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India’s largest lender State Bank of India (SBI). Illustration: Dominic Xavier/Rediff Fund managers acquired SBI shares

Analysts see further gains in LIC post strong Q1FY26 performance

Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. Illustration: Dominic Xavier/Rediff The net premium income of India’s largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1.

Auto: Mahindra Rolls Out India’s Own Batmobile

Priced at Rs 27.79 lakh (ex-showroom), the limited-edition BE 6 is expected to be a highly sought-after vehicle for collectors and fans of the iconic superhero alike. IMAGE: Bollywood star John Abraham unveils the Mahindra BE 6 “Batman Edition” in

Insurers hopeful of reduction in GST on health, life premiums

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources

India falls out of favour, optimism returns for China: BofA survey

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement. Illustration: Uttam Ghosh The pullback comes amid deepening concerns

Pre-tariff rush to US lifts exports by 7% in July

India’s goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country’s reciprocal tariff kicked in and bolstered

Business as usual: India buys 2 mn bpd Russian oil in August

India’s purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. Photograph: Sergei Karpukhin/Reuters/span> As much as 38 per cent out of an estimated 5.2

Less than one-third of new-age Indian IPOs beat market benchmarks: Report

India’s 25 venture capital and private equity backed “new-age” companies, that listed between May 2020 and June 2025, reveals a sobering reality behind the hype: barely a third have delivered sustained outperformance against the market. Illustration: Dominic Xavier/Rediff According to