Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shake-up for the super-rich nears, according to
Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. Illustration: Dominic Xavier/Rediff “This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets
High-street rentals continue to outpace those of malls, as retailers focus on prime locations and are willing to pay a premium for visibility. IMAGE: Camac Street, Kolkata. Photograph: Kind courtesy Kolkatan/Wikimedia Commons Between 2021 and 2025, rental values on prime
Ahead of the Reserve Bank of India’s (RBI’s) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) — the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India
India’s market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building
Following Axis Max Life Insurance’s second-quarter results for 2025–26, Sumit Madan, managing director and chief executive officer of the company, speaks to Aathira Varier and Subrata Panda/Business Standard about growth aspirations, strategies to offset the impact of the input tax credit (ITC)
The country’s largest listed auto parts company by market capitalisation, Samvardhana Motherson International, reported a better than expected operating performance in the second quarter (July-September) of 2025-26 (Q2FY26). IMAGE: Employees of Motherson Sumi Systems Ltd, work on a car wiring
India’s equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor
India’s merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department. Photograph: Arnd Wiegmann/Reuters Merchandise exports fell
Snapping the two-day rally, benchmark indices Sensex and Nifty closed lower on Friday mainly due to weak global trends and fading hopes of a rate cut by the US Federal Reserve in December. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex
