Auto: ‘Mercedes not chasing numbers in luxury car space’

‘In the luxury car segment, the adoption of EVs is almost double compared to the mass market.’ IMAGE: MD & CEO, Mercedes-Benz India, Santosh Iyer, unveils the Mercedes-AMG GT 63 and GT 63 Pro, in Mumbai, June 27, 2025. Photograph:

Paytm posts first-ever profit of Rs 122.5 crore in Q1 FY26

Fintech firm One97 Communications, which owns the Paytm brand, reported its first-ever consolidated net profit at Rs 122.5 crore in the quarter ended June 2025, mainly on account of cost optimisation and an increase in payment revenue. Photograph: Shailesh Andrade/Reuters

Stock markets close flat; Eternal jumps nearly 11%

Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday as gains in quick commerce and private banking shares were offset by losses in oil & gas and IT shares. Illustration: Dominic Xavier/Rediff The 30-share

Railways plan to carry 45 pc of national cargo by 2030

Experts say Indian Railways must grow its share in the freight market to remain financially sustainable. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: ANI Photo After nearly five years of frozen fares, Indian

Crypto thefts top $2.17 billion in 2025

Crypto thefts in 2025 had already crossed $2.17 billion before last week’s $44 million CoinDCX hack, underlining relentless cyber threat escalation in the digital currency world, according to the latest data. Photograph: Dado Ruvic/Reuters Blockchain analytics platform Chainalysis’ 2025 crypto

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. IMAGE: Britain’s Secretary of State

Auto: Emission Norms Battle Hots Up: M&M Counters Maruti Suzuki

The growing rift between MSIL and rival automakers has complicated the government’s efforts to finalise the CAFE norms. Kindly note the image have only been published for representational purposes. Photograph: ANI Photo Soon after Maruti Suzuki (MSIL) sought relief under

Manufacturing dominated new projects in Q1, share at 10-quarter high

More than half of all new project announcements in the June 2025 quarter came from the manufacturing sector. Photograph: Praveen Paramasivam/Reuters Manufacturing projects worth around Rs 2.3 trillion were announced in the three-month period, accounting for 54 per cent of

Factors that will drive the markets this week

Trading sentiment in the stock market this week will be guided by quarterly earning announcements from blue-chips such as Infosys and Bajaj Finance, the outcome of India-US trade talks and global cues, analysts said. Illustration: Dominic Xavier/Rediff Markets may on

285 Tweaks Proposed to Income Tax Bill

‘The government, if it deems fit, will incorporate the changes in the Bill, take approval from the Cabinet before moving the bill for consideration and passage in the Lok Sabha.’ Illustration: Dominic Xavier/Rediff   Dropping of provision that denies refunds