News for 'Business Finance'

'I Wanted Waheeda Rehman For Ankur'

'I Wanted Waheeda Rehman For Ankur'

Rediff.com24 Dec 2024

'I don't think Waheeda had the confidence that I could pull it off, so she said no.'

BSc Math Or BTech: Which Is Better?

BSc Math Or BTech: Which Is Better?

Rediff.com7 Aug 2024

Dr Dipankar Dutta will answer your questions related to preparing for a career in engineering or technology.

Bulking up: Mutual fund managers favour select banks and auto stocks

Bulking up: Mutual fund managers favour select banks and auto stocks

Rediff.com13 Oct 2023

HDFC Bank, Reliance Industries and ICICI Bank remained among the top mutual fund (MF) buys for the second consecutive month in September. MFs deployed a net of Rs 15,000 crore into these stocks during the two-month period (August-September), revealed Nuvama Alternative & Quantitative Research reports.

FDI inflows in India cross $1 trillion

FDI inflows in India cross $1 trillion

Rediff.com8 Dec 2024

Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

Technology Architects Are In Demand

Technology Architects Are In Demand

Rediff.com7 Aug 2024

A tech architect must have certifications across ERP platforms (SAP, Oracle, Microsoft) and Cloud platforms (MS, Google, Low code SAAS platforms such as Salesforce, and ServiceNow).

Rural women drive Rs 27,000 crore financial inclusion transactions

Rural women drive Rs 27,000 crore financial inclusion transactions

Rediff.com8 Oct 2024

Enterprising women business correspondents, known as BC Sakhis, have facilitated transactions worth Rs 27,000 crore in Uttar Pradesh, earning Rs 75 crore in commission over the past four and a half years. BC Sakhis, appointed under the nationwide women empowerment programme, are members of self-help groups (SHGs) who are trained and certified to provide banking and financial services in rural areas.

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

India's GDP growth seen at 6.5% in FY25, FY26: EY report

India's GDP growth seen at 6.5% in FY25, FY26: EY report

Rediff.com25 Dec 2024

India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.

'Idea behind SROs is not to make them more regulatory'

'Idea behind SROs is not to make them more regulatory'

Rediff.com25 Aug 2024

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'

Donald Trump: From convicted felon to 2nd term Prez

Donald Trump: From convicted felon to 2nd term Prez

Rediff.com6 Nov 2024

From the time he left office after his loss in the 2020 presidential election to his nomination as the Republican candidate in the 2024 race, Trump continued to dominate the American news cycle and the country's psyche.

How Your Income, Investments Are Taxed

How Your Income, Investments Are Taxed

Rediff.com28 Nov 2024

Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan

GST To See Two Slab Rate Structure?

GST To See Two Slab Rate Structure?

Rediff.com7 Aug 2024

Of the two rate structures on the table, one suggests tax slabs of 8 per cent, 16 per cent, and 24 per cent. The other proposes tax slabs at 9 per cent, 18 per cent, and 27 per cent.

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

Nirmalaji Ko Gussa Kyon Aata Hai?

Nirmalaji Ko Gussa Kyon Aata Hai?

Rediff.com31 Jul 2024

'The conspiracy is to end India's entrepreneurship culture even before it fully blooms.' 'Negativity is being spread in society towards all those who do business, and this hatred for business and wealth creators is spilling everywhere.'

FM Nirmala Sitharaman to review RRBs' performance after Budget session

FM Nirmala Sitharaman to review RRBs' performance after Budget session

Rediff.com30 Jul 2024

Union Finance Minister Nirmala Sitharaman will review the performance of regional rural banks (RRBs) after the Budget session of Parliament, according to two people familiar with the matter. The finance minister will review the performance of RRBs after August 13. The review will include discussions on enhancing the digital capabilities of RRBs, said a senior government official.

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Rediff.com23 Aug 2024

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years.

Ratan Tata, As I Knew Him

Ratan Tata, As I Knew Him

Rediff.com10 Oct 2024

Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.

What Type Of Personal Loan Could You Opt For?

What Type Of Personal Loan Could You Opt For?

Rediff.com25 Nov 2024

In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.

Anil Ambani reviewing securities market ban, to take appropriate steps

Anil Ambani reviewing securities market ban, to take appropriate steps

Rediff.com26 Aug 2024

Reliance Group chairman Anil Ambani is reviewing "appropriate" options after the Securities and Exchange Board of India (Sebi) banned him from the stock markets and imposed a Rs 25-crore fine for alleged fund diversion from Reliance Home Finance (RHFL), a former subsidiary of Reliance Capital. In a statement, a spokesperson for Ambani said he had resigned from the boards of Reliance Infrastructure and Reliance Power pursuant to the Sebi interim order dated February 11, 2022.

7 states among top achievers in 'ease of doing business'

7 states among top achievers in 'ease of doing business'

Rediff.com30 Jun 2022

Andhra Pradesh, Gujarat and Telangana are among the seven states categorised as top achievers in the ranking of states and Union Territories based on the implementation of the business reform action plan 2020, according to a report released by Finance Minister Nirmala Sitharaman on Thursday. Himachal Pradesh, Uttar Pradesh, Odisha, and Madhya Pradesh are the other states categorised as achievers in the ranking.

Budget 2024: MSME ministry gets 'positive' feedback on 45-day payment rule

Budget 2024: MSME ministry gets 'positive' feedback on 45-day payment rule

Rediff.com19 Jun 2024

The Ministry of Micro, Small and Medium Enterprises (MSME) has received "positive" feedback from industry regarding the 45-day payments cycle for MSMEs, according to a senior official familiar with the matter. The comment assumes significance amid concerns raised by some MSMEs that big companies may stop buying from small and medium suppliers and instead choose to make purchases from unregistered enterprises.

LIC may look at entering health, non-life insurance businesses

LIC may look at entering health, non-life insurance businesses

Rediff.com5 Jan 2023

The Life Insurance Corporation of India has the wherewithal to acquire a composite license, a top source aware of the development told Business Standard, adding that the insurance behemoth may look into entering the health and general insurance segments. "LIC has the scale, capacity, IT infrastructure, and the distribution reach to take advantage of the composite license. "LIC is looking at organic as well as inorganic growth opportunities.

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

Rediff.com5 Apr 2023

Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.

The Swades State Of Mind

The Swades State Of Mind

Rediff.com19 Dec 2024

As Swades turns 20, Aseem Chhabra looks back at the film that spoke to him.

Trump picks Fox News host as defence secretary

Trump picks Fox News host as defence secretary

Rediff.com13 Nov 2024

United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.

'Urban demand is under stress, would need an upward spiral'

'Urban demand is under stress, would need an upward spiral'

Rediff.com5 Dec 2024

'Spending by the middle class is limited with a focus on savings. However, there is buoyancy at the top-end.'

How To Earn Money Post-Retirement...

How To Earn Money Post-Retirement...

Rediff.com31 Dec 2024

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

How To Make Best Use Of Festive Offers

How To Make Best Use Of Festive Offers

Rediff.com16 Oct 2024

While festive offers can reduce costs, borrowers should also consider the lender's transparency and service quality. Customers need to be mindful of their repayment capacity.

Explained: The Boom In 2024 Right Issues

Explained: The Boom In 2024 Right Issues

Rediff.com24 Aug 2024

With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.

Trump still faces four criminal indictments

Trump still faces four criminal indictments

Rediff.com7 Nov 2024

In effect, he became the first former president to get the nomination for the top office after being convicted of a felony.

'Adani Wasn't There At Meeting'

'Adani Wasn't There At Meeting'

Rediff.com14 Nov 2024

'That was my mistake.' 'Gautam Adani was not involved in forming the Maharashtra government.' 'Adani was not there in the meeting.' 'The meeting was at his guest house and we were sitting in his guest house.'

'No need to panic on draft infra guidelines'

'No need to panic on draft infra guidelines'

Rediff.com24 May 2024

'It's a debatable topic, and we will submit our comments to the RBI by June 15.'

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Cross-border share swaps eased by govt

Cross-border share swaps eased by govt

Rediff.com19 Aug 2024

The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that share land borders with India. The latest amendments also seek to simplify cross-border share swaps and streamline key definitions, such as "control". The updated regulations have aligned the treatment of downstream investments made by overseas citizen of India (OCI)-owned entities with those owned by non-resident Indians (NRIs) on a non-repatriation basis.

'We Are Lucky To Have Modi'

'We Are Lucky To Have Modi'

Rediff.com16 Oct 2024

'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'

Govt to launch internship scheme for 1 crore youth

Govt to launch internship scheme for 1 crore youth

Rediff.com23 Jul 2024

In a bid to provide jobs to the youth, Finance Minister Nirmala Sitharaman on Tuesday proposed to launch an ambitious scheme for providing internship opportunities in 500 top companies to 1 crore youth over a five-year period.

'Paytm's business will continue'

'Paytm's business will continue'

Rediff.com23 Mar 2022

'We now understand things that we have to correct.'

5 personal finance tips if you plan to start a business

5 personal finance tips if you plan to start a business

Rediff.com17 Apr 2015

For an entrepreneur, managing his personal finances well is half the battle won.