News for '-dominic-xavier'

GST rejig, S&P upgrade may not bring FIIs to Indian equities quickly

GST rejig, S&P upgrade may not bring FIIs to Indian equities quickly

Rediff.com20 Aug 2025

Recent developments - proposed changes to the goods and services tax (GST) rates and S&P Global Ratings' upgrade of India's long-term sovereign credit rating to BBB, with a stable outlook, - may not be enough to bring foreign investors back to Indian markets in a rush, feel analysts.

Want To Invest In IPOs? Read This

Want To Invest In IPOs? Read This

Rediff.com9 Sep 2025

Investors may wait for six months and then take another look at the stock.

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

No cashless treatment for Bajaj Allianz customers of north India

No cashless treatment for Bajaj Allianz customers of north India

Rediff.com22 Aug 2025

The Association of Healthcare Providers - India (AHPI), representing hospitals and healthcare institutions across the country, has advised its members in north India to stop providing cashless treatment facilities for policyholders of Bajaj Allianz General Insurance Company, with effect from September 1.

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

Pre-IPO deals moderate after peaking in 2023

Pre-IPO deals moderate after peaking in 2023

Rediff.com22 Aug 2025

Pre-initial public offering (IPO) allotments have fallen out of favour over the past two years amidst buoyant primary markets and increasing average float sizes. In 2023, 13 firms raised a record Rs 1,074 crore through pre-IPO placements.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

EV makers hope for festive spark to light up sales

EV makers hope for festive spark to light up sales

Rediff.com27 Aug 2025

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.

0% GST On Health Insurance: Will You Really Benefit?

0% GST On Health Insurance: Will You Really Benefit?

Rediff.com11 Sep 2025

Reduction of GST on health insurance premium from 18% to 0% looks like a straight 18% reduction in what consumers pay. The truth, however, is...

'Can I Marry My First Cousin?'

'Can I Marry My First Cousin?'

Rediff.com18 Aug 2025

rediffGURU Dr Upneet Kaur explains the pros and cons of entering into a relationship with your first cousin.

Sensex falls by 160 pts on sell-off in IT, healthcare shares

Sensex falls by 160 pts on sell-off in IT, healthcare shares

Rediff.com6 Aug 2025

Among the Sensex firms, Sun Pharmaceuticals, Tech Mahindra, HCL Technologies, Infosys, Bajaj Finance, Eternal, Tata Consultancy Services, UltraTech Cement, Bajaj Finserv, Tata Steel, ITC and L&T were the major laggards. Asian Paints, Mahindra & Mahindra, BEL, Adani Ports, State Bank of India, Trent, HDFC Bank were among the gainers.

GST 2.0 Needs Deeper Reforms

GST 2.0 Needs Deeper Reforms

Rediff.com22 Sep 2025

Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.

'Should I Marry A Guy I Haven't Met?'

'Should I Marry A Guy I Haven't Met?'

Rediff.com25 Aug 2025

rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app, tells you how to stand firm against red flags and unreasonable demands in a relationship.

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Rediff.com1 Aug 2025

Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh crore in July on higher domestic revenues and taxes from imports. Gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore in July 2024. Last month, the collection was Rs 1.84 lakh crore.

'I Can't Say On September 22, I Will Be With A Stick'

'I Can't Say On September 22, I Will Be With A Stick'

Rediff.com22 Sep 2025

'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'

US did not accept India's request for consultations at WTO over import tariffs: Minister

US did not accept India's request for consultations at WTO over import tariffs: Minister

Rediff.com5 Aug 2025

The US did not accept India's request for consultations under an agreement of the World Trade Organisation (WTO) concerning American tariffs on steel, aluminium, and related derivative products, Parliament was informed on Tuesday. The US has maintained that these measures were introduced on the grounds of national security, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.

'Patience On The Markets Will Be Rewarded'

'Patience On The Markets Will Be Rewarded'

Rediff.com18 Sep 2025

'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

Rediff.com16 Aug 2025

Mutual funds (MFs) - flush with cash amid record inflows in July - invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India (SBI). Fund managers acquired SBI shares worth Rs 10,200 crore last month, making the lender their biggest buy in July.

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

How to Invest Smart In Uncertainty

How to Invest Smart In Uncertainty

Rediff.com5 Sep 2025

'A staggered investment approach (using SIP or STP) can help investors benefit from this opportunity while reducing timing risk.'

'It's Becoming Very Difficult To Deal With America'

'It's Becoming Very Difficult To Deal With America'

Rediff.com26 Sep 2025

'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'

'He Says He's Changed. Should I Go Back To Him?'

'He Says He's Changed. Should I Go Back To Him?'

Rediff.com17 Sep 2025

Consent, Comfort and Trust are non-negotiables in a relationship, explains rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Website.

Meet India's Corporate Fraudsters

Meet India's Corporate Fraudsters

Rediff.com10 Sep 2025

The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.

Why Sholay's Basanti Is Every Woman's Hero

Why Sholay's Basanti Is Every Woman's Hero

Rediff.com15 Aug 2025

Sholay's Basanti is the face of women's empowerment and gender equality. That's why, half a century after the movie first released, we're still talking about her.

Foreign Investors Slash India Allocations

Foreign Investors Slash India Allocations

Rediff.com22 Aug 2025

Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns.

India-China trade: Deficit widens to $99.2 bn

India-China trade: Deficit widens to $99.2 bn

Rediff.com30 Aug 2025

The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian goods in the Chinese market.

Insurers hopeful of reduction in GST on health, life premiums

Insurers hopeful of reduction in GST on health, life premiums

Rediff.com16 Aug 2025

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.

'Not A Single Penny Is Shared With States'

'Not A Single Penny Is Shared With States'

Rediff.com30 Aug 2025

'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'

Rs 1,000 Crore Tax Refunds Expected Before New I-T Law

Rs 1,000 Crore Tax Refunds Expected Before New I-T Law

Rediff.com21 Aug 2025

'We want to clear these pending refunds so that no issues arise once the new I-T Act takes effect.'

'No Indian insurer can ignore bancassurance'

'No Indian insurer can ignore bancassurance'

Rediff.com8 Sep 2025

'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'

Should Your Fiancee's Past Define Your Marriage's Future?

Should Your Fiancee's Past Define Your Marriage's Future?

Rediff.com8 Sep 2025

rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app suggests how to handle trust issues while dealing with your partner's painful past.

Hindi Diwas: Modi, Shah hail Hindi as 'unifying force'

Hindi Diwas: Modi, Shah hail Hindi as 'unifying force'

Rediff.com15 Sep 2025

Hindi Diwas was observed across India with leaders emphasizing Hindi's role as a unifying factor and the need to enrich all Indian languages. Events were held in India and abroad to promote the language.

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

How Probe Against Justice Varma Will Unfold

How Probe Against Justice Varma Will Unfold

Rediff.com25 Aug 2025

'If the parliamentary committee's report does not find substantiated charges, the process ends.'

Stock markets close flat; Eternal jumps nearly 11%

Stock markets close flat; Eternal jumps nearly 11%

Rediff.com22 Jul 2025

Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan, Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards.

Why Smart Investors Make Mistakes

Why Smart Investors Make Mistakes

Rediff.com12 Sep 2025

The biggest risk for investors isn't the market, but their own minds, biases and emotions often lead to poor financial choices.

2.17 lakh fake notes of various denominations detected in FY25

2.17 lakh fake notes of various denominations detected in FY25

Rediff.com11 Aug 2025

As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.

DIIs' dominance on the bourses gets stronger

DIIs' dominance on the bourses gets stronger

Rediff.com11 Aug 2025

After overtaking foreign portfolio investors (FPIs) in market ownership, domestic institutional investors (DIIs) have further solidified their dominance. DII ownership reached a new all-time high of 17.82 per cent as of June 2025, up from 17.62 per cent at the end of March 2025, according to an analysis by Prime Database.

Around 60% of India's uber-rich's wealth parked in realty and gold: Bernstein

Around 60% of India's uber-rich's wealth parked in realty and gold: Bernstein

Rediff.com4 Aug 2025

Around 60 per cent of India's Uber rich wealth is still parked in real estate and gold, according to a report by Bernstein. Uber rich individuals includes Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class.

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'