The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court order, the Reserve Bank said on Thursday. Illustration:
The country’s biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales. Kindly note the image have only been published for representational purposes. Photograph: Siphiwe Sibeko/Reuters India’s automobile market is witnessing a curious phenomenon.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank’s shares. Photograph: Anushree Fadnavis/Reuters In addition to
India’s industrial production growth slowed to 2.7 per cent in April 2025 due to poor performance of manufacturing, mining and power sectors, according to official data released on Wednesday. Photograph: Amit Dave/Reuters The factory output, measured in terms of the
Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. Photograph: Francis Mascarenhas/Reuters The 30-share BSE barometer declined 239.31
K Krithivasan, the chief executive and managing director of India’s largest IT services company TCS, took home a remuneration of Rs 26.52 crore in FY25. IMAGE: Krithi Krithivasan, MD and CEO, TCS. Illustration: Dominic Xavier/Rediff The CEO’s remuneration package increased
Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund
State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. Illustration: Dominic Xavier/Rediff The country’s biggest
The income tax department on Tuesday extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. Photograph: Kind courtesy Nataliya Vaitkevich/Pexels.com The extension applies to individuals, HUFs and entities who do not
Competition from Nepalese teas — which has duty free access to the Indian market — has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability. IMAGE: A tea estate in Darjeeling. Photograph: Rupak De Chowdhuri/Reuters Two years after
