2.17 lakh fake notes of various denominations detected in FY25

As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Illustration: Dominic Xavier/Rediff Of this, highest — 117,722 pieces

Sitharaman introduces Taxation Laws (Amendment) Bill in Lok Sabha

Finance Minister Nirmala Sitharaman on Monday introduced the Taxation Laws (Amendment) Bill, 2025, which aims to provide tax exemptions to subscribers of the Unified Pension Scheme. Illustration: Dominic Xavier/Rediff The Bill, introduced in the Lok Sabha, also incorporates changes in

Auto: Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech. Kindly note the image have only been published for representational purposes. Photograph: Kind courtesy, Paul Brennan/Pixabay Kinetic Green has partnered with Italy’s

Prada Steps into Kolhapur – Rediff.com Business

The team toured four clusters in and around Kolhapur where Kolhapuri chappals are made. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   A four-member team from Italian luxury brand Prada visited Kolhapur

Indian team to return to US for further trade talks

India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said. IMAGE: US President Donald Trump. Photograph: Reuters The negotiations were held for four days

Sensex tanks 501 pts on selling in bank stocks, foreign fund outflows

Benchmark stock indices Sensex and Nifty tumbled on Friday, marking their second straight day of losses due to foreign fund outflows and selling in banking shares after a muted start to the quarterly earnings season. Photograph: Shailesh Andrade/Reuters The 30-share

Auto industry turns on heat over ICE ban, wants ban deferred

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain. Kindly note the image have only been published for representational purposes. Photograph: Siphiwe Sibeko/Reuters The Indian automobile industry

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

In Q1FY26, the bank reported fresh slippages of ₹8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, ₹7,500 crore is from the retail segment. Photograph: Anushree Fadnavis/Reuters Axis Bank, India’s third-largest private-sector lender, on Thursday reported a 4

‘Sensex Is Barometer Of Economy And Capital Markets’

‘BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.’ IMAGE: People watch the live telecast of Union Budget 2025 presented by Finance Minister Nirmala Sitharaman outside the Bombay Stock Exchange. Photograph: ANI Photo BSE is “at

Wipro Profits Up 10.9% – Rediff.com Business

‘We remain cautious in this environment, and the uncertainty continues.’ IMAGE: Wipro CEO Srinivas Pallia. Photograph: Rakesh Nair/Reuters   India’s fourth-largest information technology services player, Wipro, reported a 10.9 per cent rise in net profit to Rs 3,330 crore for