The new proposal comes close on the heels of six measures introduced by Sebi to curb frenzy in index derivatives.
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. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
Reigning world champion D Gukesh continued to turn adversity into opportunity as he wriggled out of a virtually intractable position to beat compatriot Arjun Erigaisi for the first time ever in a classical game and jump to sole second position after round 7 of the Norway Chess.
Had it not been for the slow but sure emergence of China as a threat to the western order, would India have been accepted as a near-equal partner by individual western nations, jointly and severally, questions N Sathiya Moorthy.
D Gukesh once again matched the defending champion, Ding Liren of China, during the ongoing 11th game of their FIDE World Chess Championship
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
For one, triangles are involved.
South Indian filmmakers have kept their focus on the single-screen cinemagoer. They have kept their finger on the pulse of the single-screen cinema fan, who goes to movies once a month or more, to forget his weekly chores, explains Ambi Parameswaran.
It is time we buried the mantra of 'peaceful and stable Pakistan is in our interest'. It is not, simply because Pakistan's existence -- that is synonymous with its army -- means peace has no chance, asserts Colonel Anil A Athale (Retd). It is time we buried the mantra of 'peaceful and stable Pakistan is in our interest' asserts Colonel Anil A Athale (Retd).
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Empuraan, with its gimmicky violence and vigilante posturing, is not out to widen your perspective or open up history. All it wants to do is pick your pockets, observes Sreehari Nair.
For the company's latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments. In his address to shareholders in the company's FY22 annual report, billionaire Mukesh Ambani, chairman and managing director of the company, said: "The green energy value holds great promise to outshine all our existing growth engines in just 5-7 years." The company has marked an investment of Rs 75,000 crore towards its new energy plans, which include solar energy value chain, green hydrogen, energy storage and other similar businesses.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Gensol Engineering's promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives, Sebi revealed in its interim order.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
The Congress Working Committee (CWC) condemned the Pahalgam terror attack, calling it a direct assault on the values of the republic. The party accused the BJP of exploiting the tragedy to promote discord and polarization, while urging for unity and solidarity in the face of adversity. The CWC also demanded a comprehensive analysis of the intelligence failures and security lapses that led to the attack.
In the age of digital dating, Ravi Mittal, CEO of online dating app Quack Quack, suggests fun ideas to create your own modern meet-cute and make it special.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
EPS' acceptance of Amit Shah's proposal for an electoral alliance with the BJP is being interpreted to mean how the AIADMK has signed up the NDA national leader as a junior partner. Not many have appreciated EPS for this strategic move that has now forced the BJP to play second fiddle to the AIADMK. This has meant that the BJP has buried its ambitions of capturing power in Tamil Nadu now, and is willing to wait until after the 2029 Lok Sabha polls, observes N Sathiya Moorthy.
If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose
Gujarat Titans scored a resounding 38-run victory over Sunrisers Hyderabad, in Ahmedabad on Friday, to move a step closer to the Indian Premier League play-offs.
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
State Bank of India (SBI) - the country's largest lender - has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and develop a savings habit.
'I'm not accepting the 'any act of terrorism is an act of war' threshold.' 'I don't think this is sustainable because if you do this four or five times in a short duration, it will lose its edge.'
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Investing is not just about setting aside money -- it's about making it work for you, says Ramalingam Kalirajan.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
If you don't make the necessary adjustments after October 1, 2024, you'll stop earning interest on accounts that aren't in compliance rediffGURU Milind Vadjikar
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
He said that the two nations will have issues in the foreseeable future. However, there are ways of addressing those issues and what happened in 2020 was not the way to address those issues.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Tax experts answer your budget-related queries
