India’s leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Illustration: Dominic Xavier/Rediff Supported by strong balance sheets, established brands and access to long-term capital, major business houses
Gold extended its record-breaking run to breach the Rs 1.5 lakh per 10-gram mark in futures trade on Tuesday, while silver surged to a lifetime high of Rs 3.27 lakh per kg as investors rushed to safe-haven assets amid mounting
India’s electric passenger vehicle (ePV) market has expanded sharply over the past five years, with registrations rising from just 3,252 units in 2020 to about 170,000 in 2025. Photograph: Anushree Fadnavis/Reuters Throughout this scale-up, southern states have remained the bedrock
Eighteen new-age technology firms went public during the year, a near triple increase from the five firms that debuted in 2023 and 38 per cent more than 2024’s tally of 13. Illustration: Dominic Xavier/Rediff India’s long-stalled technology initial public offering
Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI’s) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.
Maharashtra has pipped Tamil Nadu in NITI Aayog’s latest Export Preparedness Index (EPI) for 2024. Photograph: Tatiana Meel/Reuters While Gujarat, Uttar Pradesh and Andhra Pradesh gained ground, Karnataka and Haryana slipped out of the top five, the central government think
The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance. IMAGE: Tamil Nadu Chief Minister
Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation. Illustration: Dominic Xavier/Rediff This came following investments of Rs
The famed Darjeeling tea may have slipped to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region’s gardens. IMAGE: A worker gathers tea leaves at the Happy
The government should refrain from raising income tax surcharge on the super-rich and reintroducing wealth tax in the upcoming 2026-27 Budget, as the move could prompt persons in high-income brackets to leave the country for low-tax jurisdictions, according to tax
