In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.
The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.
The leaders of the Opposition INDIA bloc are meeting on Monday morning ostensibly to redraw their strategies to take on Prime Minister Narendra Modi-led BJP both inside the Parliament and in the electoral arena.
'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'
'We will be very, very proactive in providing whatever liquidity requirements are needed.'
Congress leader Rahul Gandhi has been re-allotted the 12, Tughlaq Lane bungalow a day after his disqualification as Lok Sabha member was restored following a directive of the Supreme Court, officials said on Tuesday.
From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
Murmu's address to the joint sitting of Parliament will also be the first after the constitution of the 18th Lok Sabha.
Prime Minister Narendra Modi will move the motion today in the Lok Sabha to choose Om Birla as the Speaker of the lower house amid a tussle for the post with the opposition's Indian National Developmental Inclusive Alliance (INDIA).
Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.
We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.
The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.
'Trump administration wanted a positive tone at this summit, but there was still some anxiety that there could be some awkward moments -- and there were not.'
A blame game began in the Congress on Tuesday as it failed in its bid to come back to power in Haryana after 10 years, with senior party leader Kumari Selja saying the party high command should assess all reasons that led to the disappointing result and identify the people responsible.
Lok Sabha Speaker Om Birla has referred BJP MP Nishikant Dubey's complaint against Trinamool Congress member Mahua Moitra to the Ethics Committee of the lower House.
Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.
Competition in the fast-growing quick commerce sector is heating up as Swiggy Instamart faces a tough challenge in narrowing the gap with Blinkit, which currently dominates the market. In the second quarter (Q2) of 2024-25 (FY25), Instamart's gross order value (GOV) rose by 42.1 per cent quarter-on-quarter (Q-o-Q) and 75.5 per cent year-on-year (Y-o-Y), reaching Rs 3,382 crore.
The Congress accused the BJP-led government of "destroying parliamentary norms" by ignoring the claim of Suresh, a eight-term Lok Sabha member, to the post of the pro-tem Speaker.
From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers. State Bank of India emerged as the only gainer from the pack.
Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.
10 largecaps stocks which stand to gain from the Budget.
The Lok Sabha witnessed a display of linguistic diversity on Monday, with the newly-elected MPs taking their oaths in English and Indian languages, including Sanskrit, Hindi, Dogri, Bengali, Assamese and Odia.
'But when we actually express ourselves, sometimes our parents can surprise us, because they just love their children.' 'Sometimes it's just that simple. That is what I wanted to show in this film.'
Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.
Former President Donald Trump is becoming increasingly unstable, obsessed with revenge and is out for unchecked power, Vice President Kamala Harris said on Friday in an unprecedented attack on her Republican rival ahead of next week's election.
10 vacancies in the Upper House after Rajya Sabha members were elected to the Lok Sabha.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
'There is simply too much to watch, read and absorb.' 'Just online consumption (news, entertainment, social media) in India was 2.5 hours a day in November 2024.' 'Add TV (just under 4 hours), other media, and the figure is closer to 7 to 8 hours a day for over one-third of Indians,' points out Vanita Kohli Khandekar.
Kodikunnil Suresh, the Opposition's pick for the Lok Sabha speaker who will go up against the Bharatiya Janata Party's Om Birla, is a Congress veteran, an eight-term MP and one whose election in 2009 was declared invalid by the Kerala high court before being restored by the Supreme Court.
Three Congress members of the Lok Sabha, who had reached the speaker's podium leading to their suspension from the house, on Friday expressed regret for their behaviour to the privileges committee of the lower house.
He was disqualified from the Lok Sabha on October 4 for the second time this year.
The Bharatiya Janata Party has begun consultations with its allies on the ruling National Democratic Alliance's candidate for the Lok Sabha Speaker's post while the opposition Indian National Developmental Inclusive Alliance (INDIA) is considering its options and may force a contest to score political points, sources said on Monday, a day before the filing of nomination for the key position.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan
The opposition, which had earlier accepted defeat, is again jumping around today, the UP CM said.
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