rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
The BSE faces a larger outgo after regulatory clarity on the fee to be paid to the Securities and Exchange Board of India (Sebi) as a turnover charge on options volume. The market regulator on Friday directed the exchange to pay a regulatory fee on the 'notional value' of annual turnover.
From World Cup titles to personal highs to heartbreaks, Virat Kohli witnesses it all at Mumbai's Wankhede Stadium
If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.
Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.
The Central Reserve Police Force recovered an Improvised Explosive Device, weighing around four to five kilogram, on the HMT-Narbal Route near Beacon Huts in Lawapora Area in the outskirts of Srinagar on Saturday morning.
Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.
The IED blast damaged the front portion of the bus, which was carrying a squad of at least 30 jawans.
The PM appealed to people to come out in large numbers to exercise their franchise.
The army on Tuesday averted a major tragedy by detecting and defusing a powerful pre-planted Improvised Explosive Device on the strategic Srinagar-Muzaffarabad highway near Parimpora in Srinagar.
Former Aam Aadmi Party MLA Sandeep Kumar has approached the Delhi high court seeking the removal of arrested party leader Arvind Kejriwal from the post of chief minister of the national capital.
rediffGURU Samkit Maniar answers readers' personal income tax queries
The top court, however, refused to stay the counselling of successful candidates for admissions to Bachelor of Medicine, Bachelor of Surgery, Bachelor of Dental Surgery and other courses.
In a major breakthrough, the NIA had on Wednesday arrested Muzammil Shareef, the key conspirator in the blast case.
A blast took place outside the Israeli Embassy in the heart of Lutyens' Delhi on Friday evening, a fire service official said.
The identity of the informant shall be kept a secret, it said.
The two jawans received splinter injuries in the blast and later succumbed.
Kejriwal had alleged he was not being administered insulin in jail leading to "alarming" rise in his blood sugar levels.
The skirmish took place in the forest near Mangnar village under Barsur police station limits, he said.
The security forces had received inputs about the presence of cadres belonging to company no. 5 of Maoists in Bhomra, Hurtarai and Michchebeda villages, he said.
The former Congress president also tagged a post by Tesla CEO Elon Musk in which he talked about eliminating EVMs.
Waiz-ul-Islam, 19, of Srinagar's Bagh-e-Mehtab locality and Mohammad Abbass Rather, 32, of Hakripora village in Pulwama district were arrested by the NIA, the official said.
The law officer said the money trail showed that Rs 45 crore "kickback" used in the Goa assembly elections came from four hawala routes.
The NSG calendar of 2024 is here! The calendar this year features some unique shots as those of CBRN (chemical, biological, radiological, nuclear) attack combat team, drone killers and CornerShot gun.
This is the fourth IED blast triggered by Naxals in Chhattisgarh in the last 15 days.
The Election Commission on Wednesday allotted 'Nationalist Congress Party-Sharadchandra Pawar' as the party name for the group led by Sharad Pawar.
Delhi Chief Minister Arvind Kejriwal has sought extension of his interim bail by seven days from the Supreme Court to undergo a host of medical tests, including a PET-CT scan in view of his 'sudden and unexplained weight loss, coupled with high ketone levels', which are indicatives of kidney, serious cardiac ailments and even cancer.
'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'
Kejriwal told the court that he was unable to appear before it due to the ongoing Budget session of the Delhi assembly.
rediffGURU Samkit Maniar answers readers' personal income tax queries
The policemen were patrolling the area in view of a separatist-sponsored strike.
A Delhi court on Monday denied interim bail to Bharat Rashtra Samiti leader K Kavitha, arrested in a money laundering case linked to the alleged Delhi excise policy scam, saying prima facie she not only destroyed evidence but was also instrumental in influencing witnesses and there is 'every likelihood' of her continuing to do so in case the relief is granted.
Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by taxpayers. The Mauritius government had in February decided to amend the double taxation avoidance agreement (DTAA) with India to align with the Organisation for Economic Co-operation and Development's proposal on base erosion and profit shifting. Although the agreement between India and Mauritius was signed on March 7, the protocol of the amendment was made public for the first time on Wednesday, said legal experts.
The army cordoned off the area and fired in air to maintain area domination, an official said, adding reinforcements have been rushed.
The report showed that 53 road accidents take place every hour in the country.
Hours after Union Minister Shobha Karandlaje's assertion that the suspect involved in the March 1 blast at The Rameshwaram Cafe was from Tamil Nadu, the Bharatiya Janata Party leader issued a retraction and offered an apology.
The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.
A bench of Justices Sanjiv Khanna and Dipankar Datta issued notice to the Centre on a plea filed by an NGO, Association for Democratic Reforms, and listed the matter along with other pending petitions on the issue for hearing in April.
Any curious mind, the court observed, can access and download such content from the internet, which, by itself, is not a crime.
It added that in the last four years, the number of CEOs earning more than Rs 20 crore has doubled. The survey titled 'Deloitte India Executive Performance and Rewards Survey 2024', based on the analysis of 400 organisations (except public sector companies), said that 75 per cent of all CEOs in India now earn more than Rs 5 crore annually. This was 66 per cent in 2020.
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