rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
India's computer services exports have risen 30 per cent since the advent of ChatGPT in November 2022, even as overall services exports have plateaued, World Bank's South Asia Chief Economist Franziska Ohnsorge said, terming Artificial Intelligence (AI) and the conclusion of more trade agreements that can trigger a "manufacturing renaissance", as the two big investment opportunities for India in coming years.
Selected candidates will receive financial assistance of up to Rs 50,000 per year to cover tuition fees, academic materials and other essential educational expenses.
The story of Bihar's educational reform is a lesson for all reforms done halfway.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Afghan Foreign Minister Amir Khan Muttaqi addressed the controversy surrounding the absence of women journalists at a recent press interaction in New Delhi, stating there was no intention to exclude them. He also discussed trade and investment opportunities between Afghanistan and India.
Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. WPI-based inflation was 0.52 per cent in August and 1.91 per cent in September last year.
'India has experienced any number of doctors, engineers, and individuals from professional backgrounds being implicated in terrorism. This is not a novel development.' 'These are mobilisations of opportunity. One does not exclusively associate with one's own kind. A comprehensive conspiracy requires diverse skill sets.' 'One needs individuals with local community contacts, those possessing physical capabilities, technical expertise -- an entire spectrum of capacities.'
Quoting an incorrect PAN during property registration can invite penalties and prosecution.
Gujarat Chief Minister Bhupendra Patel reshuffled his cabinet, inducting 19 new ministers and elevating Harsh Sanghavi to Deputy Chief Minister. The swearing-in ceremony took place on Friday, with several existing ministers continuing in their roles.
One person was killed and several others injured in a clash between two groups over paddy harvesting in Assam's West Karbi Anglong district along the border with Meghalaya. Tensions have been high over land ownership, leading to violence despite attempts at resolution.
'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'
Priti Kinnar, a transgender social worker, is set to contest the Bihar assembly elections from Bhorey seat on a Jan Suraaj ticket, challenging the incumbent Education Minister. Her entry into politics has sparked mixed reactions, with some seeing it as a potential boost for the transgender community and others questioning its impact on the election outcome.
The MEA release said that the embassy of India in Kabul will further augment India's contribution to Afghanistan's comprehensive development.
Gross Value Added (GVA) growth in agriculture and allied activities in the first quarter of the 2024-25 financial year (Q1FY25) dipped to 2.7 per cent at constant prices from 4.2 per cent in Q1FY24 due to a drop in output of some crops following heatwave in the main growing months. Low post-monsoon rains, which dried most of the reservoirs in several states across the country, also impacted the production of many crops. At current prices, the growth was estimated at 8.5 per cent as against 4.1 per cent in Q1FY24 due to a spike in food inflation during the April to June months of FY25.
As the Northeast monsoon intensified across Tamil Nadu, the regional weather office issued heavy rainfall alert to a number of districts. Chief Minister M K Stalin reviewed the situation and directed precautionary measures.
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Meet the maverick serial election contester who shares his name with current Bihar's best known politician.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
Prime Minister Narendra Modi and Brazilian President Luiz Incio Lula da Silva agreed to enhance cooperation in trade, technology, energy, defence, agriculture, health, and people-to-people ties.
'Traders and exporters will have to explore alternative markets.'
The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.
ISRO Chairman V Narayanan announces ambitious space program goals, including landing Indians on the Moon by 2040 and launching the 'Gaganyaan' mission in 2027. The agency is also working on a national space station and uncrewed missions.
Heavy rains exacerbate the flood situation in Punjab, leading to 37 deaths and widespread crop damage. Rescue and relief operations are underway as authorities issue alerts and provide assistance to affected populations.
External Affairs Minister S Jaishankar has called on Brazil, Russia, India, China, South Africa (BRICS) to defend the multilateral trading system amid increasing protectionism and tariff volatility during a meeting of the bloc's foreign ministers in New York on the sidelines of the United Nations General Assembly session.
Maharashtra minister Manikrao Kokate was shifted from the agriculture ministry to the sports and youth welfare department in a late-night reshuffle. Dattatrey Bharne will be the new agriculture minister. The reshuffle comes after Kokate faced controversy for playing online rummy during a legislative council session and allegedly equating farmers with beggars.
Maharashtra Agriculture Minister Manikrao Kokate is under fire after a video surfaced allegedly showing him playing rummy on his phone during a legislative session. The opposition accuses the government of being insensitive to farmers' issues.
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
The Maharashtra government has formed a committee to facilitate the issuance of Kunbi caste certificates to Marathas who can provide documentary evidence recognizing them as Kunbis in the past, potentially opening the door for reservation benefits.
India is set to become the world's fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation.
The India Meteorological Department (IMD) has predicted above-normal rainfall for most parts of India during the post-monsoon season (October to December), except for some areas in the northwest. The southwest monsoon season ended with the country recording eight per cent above normal rainfall.
Heavy rains in Nanded, Maharashtra, have caused severe flooding, leading to the evacuation of hundreds of residents as the Godavari and Asna rivers overflow. The Vishnupuri dam released a large amount of water, exacerbating the situation.
Jarange Patil on Tuesday called off his five-day old agitation after the Maharashtra government issued a resolution on the Hyderabad gazetteer and announced the formation of a committees to facilitate the issuance of Kunbi caste certificates to Marathas who are able to produce documentary evidence recognising them as Kunbis in the past.
'Our endeavour will be that we identify these products, put them in the public domain so that the manufacturers can look at them and give a boost to Make in India.'
The Supreme Court of India resolved a decades-old land dispute in the Union Territory of Dadra and Nagar Haveli, involving land originally vested in the Portuguese government.
Earlier in July, Ishiba had faced a major setback after a significant electoral defeat in the upper house of Japan's parliament as his coalition failed to attain a majority. This came after his party also failed to attain a majority in the lower house of the parliament last year.
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.
'The government is distributing land in Ladakh as if they are selling cinema hall tickets.'
'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'
