China to build world's largest dam near India border

China has approved the construction of the world's largest dam, stated to be the planet's biggest infra project costing $137 billion, on the Brahmaputra River in Tibet close to the Indian border,......

UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Political economist and author Gautam Sen has said the idea to impose a wealth tax in India will lead to the country's super rich, the Ambanis and the Adanis, moving their bases out to countries......

Global funds' asset under custody see second-worst plunge amid market rout

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign......

The pivotal decision facing India's steelmakers

Should they prioritise reducing debt or push forward with growth? The proposed safeguard duty and domestic demand might shape the decision. Ishita Ayan Dutt/Business Standard reports. IMAGE:......

FPIs pull out Rs 24,753 cr from equities in first week of Mar

Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and......

Equity MFs Gain Despite Selloff

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.......