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Play-off berth secured, Mumbai Indians eyeing to spoil DC's party

Play-off berth secured, Mumbai Indians eyeing to spoil DC's party

Rediff.com30 Oct 2020

Mumbai Indians had roared back to form after thrashing RCB by five-wickets in the last game, there are problems aplenty for DC.

Forget tax cuts, Sitharaman advised against Budget sops

Forget tax cuts, Sitharaman advised against Budget sops

Rediff.com11 Jun 2019

FinMin does not expect tax or non-tax revenue to reach anywhere close to the targets set in the interim Budget. Sources say that the challenge before the new government will be either to accept the reduced projection and tailor the Budget accordingly or set a more ambitious target.

Bonus payouts to fund managers to take a hit

Bonus payouts to fund managers to take a hit

Rediff.com13 Jun 2019

Fund managers's compensation is largely tied to the assets they manage and scheme performance.

RBI moves to keep FPIs invested in bond market

RBI moves to keep FPIs invested in bond market

Rediff.com30 Apr 2018

The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.

Here's how much GST you will pay from July 1

Here's how much GST you will pay from July 1

Rediff.com30 Jun 2017

From 0% to 28%, here's the breakup of what attracts how much GST.

'England and India are the two favourites for World Cup'

'England and India are the two favourites for World Cup'

Rediff.com30 Jan 2019

South Africa captain Faf du Plessis picked hosts England and 2011 champions India as the title favourites for this year's ICC ODI World Cup.

'2017 won't be a year of big returns for investors'

'2017 won't be a year of big returns for investors'

Rediff.com10 Jan 2017

'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'

Why this champion shooter zeroed in on politics

Why this champion shooter zeroed in on politics

Rediff.com9 Oct 2020

The range will make way for rallies in Commonwealth Games gold medal-winning shooter Shreyasi Singh's life as she gears up for the electoral battle in Bihar, aiming to restore an average Bihari's faith in the state so that there is an end to the "exodus".

Why you need to watch out for April SIP numbers

Why you need to watch out for April SIP numbers

Rediff.com28 Apr 2020

Due to tax associations with the fiscal-ending, April is a month of SIP renewal. So, the April numbers will be important and may perhaps, mark a change in retail attitude.

RBI may allow costlier FCCBs for pre-payment

RBI may allow costlier FCCBs for pre-payment

Rediff.com3 May 2012

Facing huge redemption pressure on funds raised via foreign currency convertible bonds (FCCBs), India Inc has requested the Reserve Bank of India (RBI) to allow companies to offer higher interest rates on fresh foreign currency loans or bonds, the proceeds of which will be used to pre-pay existing FCCBs.

Should you buy online term plans with high claim rejection rates?

Should you buy online term plans with high claim rejection rates?

Rediff.com16 Dec 2013

Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.

COVID-19: Mumbai, Delhi see decline in traffic congestion

COVID-19: Mumbai, Delhi see decline in traffic congestion

Rediff.com18 Mar 2020

Mumbai saw an average 46 per cent decline in congestion during the morning rush hour on Tuesday. New Delhi's data also showed an average 34 per cent decline in congestion during morning.

'We expect markets to be volatile this year'

'We expect markets to be volatile this year'

Rediff.com3 May 2019

'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'

'She is cold-hearted, manipulative, stubborn'

'She is cold-hearted, manipulative, stubborn'

Rediff.com27 Jan 2022

Mental health and life coach Anu Krishna tells you how to take control of your life.

In 10 years, India's GDP will surpass UK's

In 10 years, India's GDP will surpass UK's

Rediff.com23 Jan 2007

India can sustain an 8 per cent growth rate till 2020 and will overtake UK as the world's fifth-largest economy by the middle of next decade at this pace, global financial services firm Goldman Sachs has said.

Govt rebuts Rahul, says devices for disabled charged at 5% GST

Govt rebuts Rahul, says devices for disabled charged at 5% GST

Rediff.com4 Jul 2017

From Braille writers and Braille paper to wheelchairs, talking books, assistive listening devices and implants for the severely physically-challenged will attract a Goods and Services Tax of 5 per cent. But inputs and raw material for manufacturing of these assistive devices or equipment attract 18 per cent GST. Since the final consumer tax is lower than the tax on inputs, a domestic manufacturer can claim refund, an official statement said.

Amid Raj drama, ED raids Gehlot's brother in fertiliser scam

Amid Raj drama, ED raids Gehlot's brother in fertiliser scam

Rediff.com23 Jul 2020

Countrywide raids are being conducted in connection with a money laundering case linked to a fertiliser scam.

Why Motilal Oswal sees over 20% equity return in 2018

Why Motilal Oswal sees over 20% equity return in 2018

Rediff.com16 Dec 2017

Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.

Rajasthan to charge 10% on stamp duty for cow protection

Rajasthan to charge 10% on stamp duty for cow protection

Rediff.com6 Apr 2017

Conservation of cows in Rajasthan will entail a cost for those making rent agreements, mortgage papers and lease agreement as they will now pay a surcharge of 10 per cent on stamp duty for cow protection.

Net, broadband numbers way off target

Net, broadband numbers way off target

Rediff.com5 Dec 2006

India will need a growth rate of 133 per cent in case of total Internet subscribers

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Rediff.com13 May 2020

The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.

Economic recovery still not well entrenched: RBI Guv

Economic recovery still not well entrenched: RBI Guv

Rediff.com16 Sep 2020

Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.

Yogi Deveshwar: The Risk Taker

Yogi Deveshwar: The Risk Taker

Rediff.com12 May 2019

During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.

Want an education loan to study abroad?

Want an education loan to study abroad?

Rediff.com8 Apr 2019

The biggest challenge with public sector banks is the processing time, which is why starting early helps.

'Blanket withdrawal is not a good strategy'

'Blanket withdrawal is not a good strategy'

Rediff.com30 Apr 2020

'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'

Cash-to-GDP ratio could hit 14-15%, the highest since independence

Cash-to-GDP ratio could hit 14-15%, the highest since independence

Rediff.com15 Oct 2020

It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.

Why corporate credit may grow in next few quarters

Why corporate credit may grow in next few quarters

Rediff.com22 Apr 2019

With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.

''No' vote could mean liquidation of securities'

''No' vote could mean liquidation of securities'

Rediff.com26 Dec 2020

'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.'

India back on growth path but where are loan queries, ask bankers

India back on growth path but where are loan queries, ask bankers

Rediff.com25 May 2015

Despite Indian economy recovering, there is very little room for loan growth, say bankers.

Jaitley gives Rs 40,000 standard deduction to the salaried

Jaitley gives Rs 40,000 standard deduction to the salaried

Rediff.com1 Feb 2018

Experts, however, said that it is a very nominal benefit to the salaried class.

Only a govt job is considered real 'employment'

Only a govt job is considered real 'employment'

Rediff.com21 Feb 2019

'...because of its permanent nature.' 'If you work for the private sector or for yourself, you are not regarded as being employed,' points out T C A Srinivasa Raghavan.

Arvind Subramanian: 'Brace for slower growth'

Arvind Subramanian: 'Brace for slower growth'

Rediff.com24 Dec 2018

'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'

The thin line between tax avoidance and evasion

The thin line between tax avoidance and evasion

Rediff.com28 Apr 2016

Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.

Kings XI vs Rising Pune Supergiant: It's a do-or-die clash

Kings XI vs Rising Pune Supergiant: It's a do-or-die clash

Rediff.com13 May 2017

Kings XI Punjab will be aiming to continue their late surge against Rising Pune Supergiant in a 'winner takes it all' Indian Premier League encounter, in Pune on Sunday.

Why Stalin Wants NEET To Go

Why Stalin Wants NEET To Go

Rediff.com15 Sep 2021

The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.

Should you invest in govt securities? Certainly, say financial planners

Should you invest in govt securities? Certainly, say financial planners

Rediff.com7 Jul 2015

Gilt funds make sense only if you want to take a tactical view on interest rates and are looking for a short-term duration.

'The epidemic is receding in India'

'The epidemic is receding in India'

Rediff.com9 Feb 2021

'But we still have to be very careful.'

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

SBI Q3 net dips 4.2%; confident of higher loan growth

SBI Q3 net dips 4.2%; confident of higher loan growth

Rediff.com4 Feb 2021

The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.

How maths helps you understand the coronavirus

How maths helps you understand the coronavirus

Rediff.com5 Apr 2020

The first cycle starts with 1, then 2, then 4, 8, etc, until the infected population jumps to 16,384 at the 14th cycle, explains Devangshu Dutta.