FPIs resume selling in Nov; withdraw Rs 3,765 cr from equities

After a brief pause in October, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary

Auto: The 7-seater EV that redefines ‘base model’ at ₹19.95 lakh

The XEV 9S is poised to disrupt the market, specifically with its entry-level variant called the ‘Pack One Above’, which offers a level of equipment rarely seen in base models, writes Rajesh Karkera/Rediff.com. Mahindra has officially pulled the XEV 9S

Software updates completed for 338 A320 planes in India

As many as 338 A320 family aircraft operated by Indian airlines require the software upgrade to address a potential issue related to flight controls, and modifications have been carried out in more than half of the affected fleet, according to

Air India is a responsibility not just a biz opportunity: Tata’s Chandra

Tata Sons Chairman N Chandrasekaran on Saturday said Air India, which is undergoing a transformation, is not just a business opportunity but a “responsibility” for the Tata Group. Photograph via X The aviation sector faces continous challenges, he said and

Max Healthcare builds growth runway with brownfield expansion push

Healthcare major Max Healthcare Institute delivered a healthy performance in the second quarter (July-September) of 2025-26 (Q2FY26). Strong patient volumes and average revenues not only boosted the top line but also aided the operating performance. Going ahead, the triggers for

Active banking funds fail to capitalise on PSU rally: Value Research data

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic Xavier/Rediff However, active banking funds have significantly lagged because of their heavy tilt

25K individuals to get I-T alerts for non-disclosure of foreign assets

The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the “high-risk” cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said. Illustration:

India’s forex reserves decline $4.47 bn to $688 bn

India’s forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday. Illustration: Dado Ruvic/Reuters The overall reserves had increased by

India logs 6-quarter high GDP growth of 8.2% in Q2

The Indian economy grew by a higher-than-expected 8.2 per cent — a six-quarter high — as increased factory production in anticipation of a consumption boost from the GST rate cut helped offset deceleration in farm output. Photograph: Rupak De Chowdhuri/Reuters

IMF report: ‘Zombie firms’ reflect inefficient insolvency resolution

The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. Illustration: