The Ministry of Heavy Industries (MHI) has debarred Hero Electric and Benling India, two defaulters under its flagship Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME-II) scheme, from participating in any of its incentive programmes in future. This action follows the ministry's findings that the phased manufacturing programme (PMP) guidelines were violated by these two companies, senior officials told

Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent EBITDA margins and higher PAT as well as good revenue growth. Order inflows were also good. BEL is a major beneficiary of the policy of defence indigenisation.

Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable performances of IPL 2024

The Mungeshpur weather station recorded a high of 48.8 degrees Celsius, eight notches above the normal. It recorded a minimum temperature of 27.6 degrees Celsius, a notch above the season's average.

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

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Temperatures in 17 locations breached 48 degrees Celsius on Monday, with the relentless heat affecting health and livelihoods across large parts of northwestern and central India.

The Gujarat high court on Monday said it does not have faith in the state machinery which gets into action only after innocent lives are lost, as it pulled up the Rajkot civic body over the purported lapses in functioning of the game zone facility where a massive fire killed 27 persons.

This, asserts Minnie Vaid, is hardly a new phenomenon-- entitled minors getting behind the wheel of super expensive cars mowing down innocent victims in a drunken stupor and getting away with it scot-free!

Raut's claims have drawn sharp reactions from the BJP, Maharashtra Chief Minister Eknath Shinde and Congress's candidate from Nagpur.

A sitting MLA and Bharatiya Janata Party candidate allegedly broke an electronic voting machine (EVM) and attacked a polling officer inside a booth during voting in Odisha which recorded a voter turnout of over 60.97 per cent in six Lok Sabha seats and 42 assembly segments, officials said.

Leclerc took pole in Monaco in 2021, but did not start the race due to a driveshaft failure, and 2022 when he ended up fourth.

The bench said it would be difficult for the poll panel to mobilise manpower for uploading the voter turnout data on its website.

'It's a debatable topic, and we will submit our comments to the RBI by June 15.'

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.

Twice in two games, cricketing upstarts USA stunned Bangladesh again

Polling for the sixth phase of the Lok Sabha election will be held on Saturday, May 25, 2024.

Investments by private equity and venture capital funds declined by 35 per cent to $4.4 billion in April compared with $6.8 billion in the year-ago period, a report said on Thursday. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said.

The Election Commission has opposed in the Supreme Court an NGO's demand to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections, contending it will "vitiate" the electoral space and cause "chaos" in the poll machinery in the midst of the general elections.

The male-female turnout gap was wide in Bihar and Jharkhand. While in Bihar, the male turnout was 52.42 percent, the female turnout was 61.58 percent.

According to data from BSE, the 4,357 companies available for trade had a combined mcap of around Rs 416 trillion on Tuesday against India's GDP at current prices of Rs 296.6 trillion in FY24.

Tejas Shirse broke the previous national record of 13.48 seconds set by Siddhanth Thingalaya in 2017.

The Reserve Bank of India's (RBI's) state of the economy report observed that any durable alignment of headline retail inflation with the target of 4 per cent could recommence in the second half of FY25 and sustain until numbers closer to the target are seen during the course of FY26, dashing hopes of any reduction in the policy repo rate in the current financial year. The report, authored by RBI staffers, including Deputy Governor in charge of monetary policy Michael Patra, said though headline numbers may fall in July and August due to base effect, it is likely to reverse in September.

Among the Sensex firms, Hindustan Unilever, Reliance Industries, Infosys, Asian Paints, ITC and UltraTech Cement were the major gainers. State Bank of India, JSW Steel, Axis Bank, ICICI Bank, Tata Steel and Tata Motors were among the laggards.

'When our daughters, wrestlers Sakshi Malik and Vignesh Phogat, were protesting at the Jantar Mantar, the police kicked them with their shoes.'

The men's quartet of Muhammed Anas Yahiya, Santosh Kumar, Mijo Chacko Kurian and Arokia Rajiv also failed to stand on top of the podium as they clocked 3:05.76 to finish second behind Sri Lanka (3:04.48). Vietnam was third with 3:07.37.

Sometimes the MVPI table throws up intriguing situations: Four out of the top five in the table are left-handed batters. Do left-handers truly enjoy an advantage in the IPL? Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2024 after the league stage.

While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.

Over 60 per cent voter turnout was recorded on Monday in 49 constituencies in six states and two Union territories in the fifth phase of Lok Sabha elections, with Baramulla in Jammu and Kashmir recording its highest-ever voting percentage.

Temperatures remained above 45 degrees Celsius in large parts of Rajasthan, Haryana, Delhi, Chandigarh and Uttar Pradesh, affecting daily life as many chose to remain indoors in the afternoon.

A look at statistics and aspects which have made SRH's 2024 season such a memorable one:

While at some places people who had turned up at polling booths early in the morning left without casting their vote after waiting in line for a long time, Sena-UBT chief Uddhav Thackeray alleged that the process was slowed down deliberately.

The regulatory gap between crypto firms registered with the Financial Intelligence Unit-India (FIU-India) and unregistered offshore entities is expected to narrow, industry players said, after global crypto players Binance and KuCoin received approvals to register with India's anti-money laundering unit.

Notwithstanding robust volume growth and a strong performance from Jaguar Land Rover (JLR), Tata Motors, the country's second-largest automobile (auto) manufacturer by market capitalisation, disappointed the Street with its January-March quarter (Q4) results for 2023-24 (FY24). While consolidated revenues saw a 13 per cent increase, lower-than-expected realisations in the Indian operations weighed down overall performance.

Manchester City won an unprecedented fourth straight English top flight title with a 3-1 win over West Ham United.

Max Verstappen held off a late charge by McLaren's Lando Norris to win the Emilia Romagna Grand Prix

At the end of the fifth round India's Aravindh Chithambaram is now followed by four players -- the Iranian duo of Amin Tabatabaei and Bardiya Daneshvar and Americans Hans Moke Niemann and Sam Shankland -- who all have four points each.

Aravindh Chithamabaram took his tally to 3.5 points out of a possible four.

Big, listed FMCG (fast-moving consumer goods) companies such as Hindustan Unilever, ITC, Nestl, and Britannia have been top-performing stocks on the bourses in recent weeks. The Nifty FMCG index, which tracks the share prices of the country's top 15 listed FMCG companies, is up 1.9 per cent month-to-date in May compared to a 2.4 per cent decline in the benchmark Nifty 50 in the period.

Kharge accused PM Modi of inciting people over the issues "that the Congress will never do".