Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
India has for the first time secured a place among the top 100 out of 167 countries ranked for their progress in achieving the Sustainable Development Goals (SDGs), according to a report published on Tuesday. According to the UN Sustainable Development Solutions Network's 10th and latest Sustainable Development Report (SDR), India ranks 99th on the 2025 SDG Index with a score of 67, while China ranks 49th with 74.4 and the US 44th with 75.2 points.
Commentators speculated the injury might be a fracture, though the extent of the damage remains unconfirmed.
India has slipped two places on the World Economic Forum's Global Gender Gap index to 129th place, while Iceland retained its top position in the rankings published on Wednesday. Within South Asia, India was ranked fifth after Bangladesh, Nepal, Sri Lanka and Bhutan, while Pakistan was ranked last. Globally, Sudan was ranked last on the index of 146 countries, while Pakistan slipped three places to 145th.
Curbs under Stage III include a ban on non-essential construction and demolition, closure of stone crushers and mining activities in Delhi-National Capital Region (NCR).
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year. The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third, the Netherlands has retained its fourth place and Singapore has slipped to the fifth place (from first in 2020). At eighth, Taiwan reached the top-10 for the first time since the ranking began 33 years ago (moving up from 11th last year).
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Global media watchdog Reporters Without Borders (RSF), which publishes a yearly report on press freedom in countries across the world, had last year ranked India at 150 in a survey of 180 countries.
The rhetoric that we are fed daily needs to be measured against performance and the facts. That is not happening, points out Aakar Patel.
Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.
rediffGURU Anil Rego answers readers' personal income tax queries.
Uttam Ghosh offers his take on India on the Global Hunger Index.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
For the third month running, investors opened over four million new demat accounts in February, showing growing household confidence in stock markets and their increased risk appetite. Over 13.12 million new demat accounts have been opened in the last three months, taking the total count close to the 150-million mark. Demat accounts are needed for trading and holding shares electronically.
The Delhi government has been following the practice of banning all kinds of firecrackers for the last three years.
India's manufacturing sector growth climbed to a 16-year high in March on the back of the strongest increase in output and new orders since October 2020, amid reports of buoyant demand conditions, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) surged to a 16-year high of 59.1 in March, from 56.9 in February, reflecting stronger growth of new orders, output and input stocks as well as renewed job creation. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
Among the Sensex firms, PowerGrid, IndusInd Bank, Larsen & Toubro, Nestle, HCL Tech, Axis Bank, Tata Motors, HDFC Bank, Tata Consultancy Services and HDFC were the major winners. Bajaj Finserv, NTPC, Reliance Industries and Kotak Mahindra Bank were the biggest laggards.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
In the Global Corruption Index, a survey of 133 nations conducted by Transparency International (an anti-graft watchdog), India stood 83rd, recording a score of 2.8 out of 10.
According to the global report, just 9.6 per cent of all children between 6 and 23 months of age are fed a minimum acceptable diet.
While Bangladesh ranked 75, Myanmar and Pakistan are in the 78th and 88th position. Last year, India's rank was 102 out of 117 countries.
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
A spate of recent orders under the Indigenously Designed Developed and Manufactured (IDDM) category have led to investor focus on defence stocks. Actually, the defence index has been an outperformer for a long while with public sector undertakings (PSUs) like Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Garden Reach Shipbuilders Engineers (GRSE), Cochin Shipyard and Goa Shipyard being beneficiaries of the policy.
India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).
The number of hungry people has dropped in India with its score on the Global Hunger Index improving to 63rd position in 2013, but the country still lags behind China, Pakistan, Bangladesh and Sri Lanka.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
India ranks low at 105th on human capital index, Finland tops
India's services sector growth eased to a three-month low in June but service providers continued to signal positive demand trends, which resulted in a stronger increase in new business volumes and further job creation, a monthly survey said on Wednesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 61.2 in May to 58.5 in June. Despite falling from May, the latest figure was consistent with a sharp pace of growth.
'No one in the history of the sport has ever come back from that kind of accident and got hundreds against England and Australia.'
'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'
The World Economic Forum will develop a composite index to rank the growth and business competitiveness of countries, its chief economist and director Augusto Lopez Claros said on Monday.
In August, domestic equity markets garnered one of the highest foreign portfolio investor (FPI) flows since the outbreak of the pandemic in 2020, despite the US Federal Reserve standing firm on unwinding its stimulus measures to control inflation. FPIs pumped in over Rs 51,000 crore ($6.4 billion) in August, the most since December 2020 and the third-highest tally since March 2020-the month the Covid-19 pandemic roiled global markets. This was the second consecutive month of positive foreign flows. In the preceding nine months, FPIs had yanked out over $32 billion or Rs 2.2 trillion.
AB de Villiers is leading the Paisa Vasool Index at IPL-11 ahead of Indians KL Rahul and Ambati Rayudu.
At 89th, India is the lowest-ranked among the BRICS.
From the 30-share pack, Titan, Tech Mahindra, Maruti Suzuki India, Wipro, Nestle India, TCS, Larsen & Toubro, HCL Technologies, Tata Steel and HDFC Bank were among the major laggards. NSE Nifty declined 69.75 points to settle at 17,153.
rediffGURU Hemant Bokil answers your personal finance queries
PowerGrid was the top loser in the Sensex pack, shedding over 1 per cent, followed by Bajaj Finserv, ICICI Bank, HDFC, NTPC, HUL and L&T. On the other hand, Infosys, Reliance Industries, Nestle India and Martui were among the gainers.
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