India's forex reserve jumped by $4.76 billion to $640.48 billion in the week ended February 21, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $2.54 billion to $635.72 billion.
Foreign direct investment in India dipped by 5.6 per cent year-on-year to $10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, according to the government data. FDI inflows during October-December 2023-24 stood at $11.55 billion.
Regarded as one of the best spinners to have never played for India, Padmakar Shivalkar played 124 first class matches, picking up 589 wickets in a career spanning nearly 25 years.
Padmakar Shivalkar played 124 first class matches and claimed 589 wickets at 19.69 in a career spanning nearly 25 years from 1961/62 to 1987/88.
Images from the ICC Champions Trophy semi-final between India and Australia in Dubai on Tuesday.
'... when I'm not quite at my best and not feeling that great out there, is my ability to still contribute and take those big wickets.'
Former players lauded Varun Chakravarthy's bowling display against New Zealand in the Champions Trophy, with Ravi Shastri advocating for his inclusion in the semifinals.
Padmakar Shivalkar was distinctly unlucky that his best days in the 1970s coincided with that of Bishan Singh Bedi's prime.
The output of eight key infrastructure sectors rose by 4.6 per cent in January against a 4.2 per cent expansion in the same month of last year, according to official data released on Friday. The key infrastructure sectors' output had expanded by 4.8 per cent in December 2024.
The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA) on Friday.
From the Sensex pack, Tech Mahindra, IndusInd Bank, Titan, Infosys, Mahindra & Mahindra, Maruti, HCL Tech and Tata Consultancy Services were the biggest laggards. HDFC Bank, Axis Bank, Reliance Industries and Adani Ports were the gainers from the pack.
Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.
Pahalwan, who won the recent assembly polls from Najafgarh defeating AAP's Tarun Kumar by over 29,000 votes, claimed on the floor of Delhi Assembly that the renaming effort has been in the works for a long time.
Jamie Overton hit a 28-ball 32 down the order to keep England in the hunt.
A summary of Saturday's action in Ligue 1, LaLiga and Bundesliga.
Images from the ICC Champions League Group B match between Afghanistan and Australia in Lahore, on Friday.
The Indian men's hockey team ended the Bhubaneswar leg of the FIH Hockey Pro League on a high, securing a hard-fought 2-1 victory over England.
Shane Watson's 48-ball century was overshadowed by an equally aggressive 44-ball undefeated 94 from Lendl Simmons that helped West Indies Masters outclass Australia Masters by seven wickets in the second match of the inaugural International Masters League (IML) in Navi Mumbai on Monday.
Ashleigh Gardner led from the front with a blazing 58 off 31 balls as bottom-placed Gujarat Giants snapped their losing streak with a dominant six-wicket win over Royal Challengers Bengaluru
Atishi, former Delhi chief minister and MLA from Kalkaji constituency, was chosen as the Leader of Opposition in the Delhi Assembly at a meeting of AAP MLAs on Sunday. AAP supremo Arvind Kejriwal was also present at the meeting. Atishi, who was proposed by MLA Sanjeev Jha, thanked Kejriwal and the MLAs for their support. She promised to play a strong opposition role in the House, raise issues with full force, and ensure the BJP fulfils its promises. The first session of the Delhi Assembly will begin on February 24, with the BJP government planning to table pending CAG reports against the performance of the previous AAP government.
The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year.
Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.
Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).
Former winners Vidarbha will rely on their red-hot form to stake claim for a title they last won over five years ago, while first-time finalists Kerala will be driven by grit when the two contrasting teams clash in the summit showdown for the 90th Ranji Trophy, starting in Nagpur on Wednesday.
A round-up of Wednesday's action in the Premier League
The chances of survival for eight people trapped in a collapsed tunnel in Telangana are "very remote," according to a minister. Rescue efforts are ongoing but the minister says it could take three to four days to reach the trapped individuals due to the debris and muck. The minister also mentioned a team of rat miners, who had rescued construction workers in Uttarakhand in 2023, are now assisting with the rescue efforts.
India has proposed to conduct all those disciplines that were axed from the 2026 Commonwealth Games to ensure that the country's medal tally is not affected when the event is held in Glasgow.
'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Since first opening the batting together in January 2023, the duo has been prolific in 50 overs cricket.
The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.
Chief Minister-designate Rekha Gupta and her Council of Ministers will take oath at the Ramlila Maidan on Thursday afternoon in the presence of Prime Minister Narendra Modi, marking a return of the BJP in Delhi after 26 years.
'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses.
Congress president Mallikarjun Kharge addressed top party leaders, emphasizing accountability for future election results and warning against turncoats. He urged them to work at the grassroots level, strengthen the organization, and promote ideologically committed individuals. Kharge hinted at further changes within the organization, following recent revamps. He criticized the BJP's win in Delhi and the government's handling of US deportations and tariffs, calling them insults to India.
The BJP will hold a legislature party meeting on Wednesday evening to decide the new chief minister of Delhi. The party won the February 5 assembly elections, ending the Aam Aadmi Party's five-year rule. The meeting will be held at the party's Delhi unit office and is expected to begin around 7 pm. The 48 BJP MLAs will choose the Leader of the House in the Delhi Assembly, who will become the chief minister. The meeting will be held in the presence of BJP's central observers, whose names are yet to be declared. The new chief minister, after being chosen by the party MLAs, will meet Delhi Lieutenant Governor VK Saxena at the Raj Niwas to stake claim to power. A grand swearing-in ceremony of the new government is scheduled for Thursday afternoon at Ramleela Ground. Prime Minister Narendra Modi and other dignitaries are expected to attend the ceremony. The names doing the rounds for the new chief minister include Parvesh Verma, Vijender Gupta, Satish Upadhyay, Pawan Sharma, Ashish Sood, Rekha Gupta, Shikha Rai, Ravinder Indraj Singh, and Kailash Gangwal. Many within the party believe that the BJP leadership could choose a "dark horse" as Delhi's next chief minister.
Former Leader of Opposition (LoP) in the Delhi Assembly, Vijender Gupta, has been chosen as the new Speaker of the Vidhan Sabha. Gupta, a BJP MLA from Rohini, vowed to immediately table 14 CAG reports allegedly withheld by the previous Aam Aadmi Party (AAP) government upon taking charge. His election is a foregone conclusion due to the BJP's majority in the Assembly.
Pakistan has the upper hand in the Champions Trophy, winning three of the five matches against India.
A post-mortem examination of two women and a teenage girl found dead in their Kolkata home has confirmed that they were murdered, dismissing initial speculations of suicide. The victims, members of a family facing financial difficulties, were found dead in separate rooms while the male members were involved in a car crash. The autopsy revealed injuries consistent with murder, including slit wrists and poisoning. Police have launched a murder investigation against unidentified persons, suspecting the involvement of the two brothers who claimed the deaths were suicides.
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