Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
A cloudburst in a remote village in Kathua district, Jammu and Kashmir, resulted in four fatalities and six injuries. Rescue operations are underway, and the district administration is monitoring the situation.
'No one anticipated magical solutions or miraculous interventions.' 'However, people across the entire spectrum -- whether residing in the valley or the hills -- expected the prime minister to dedicate at least five to ten minutes to genuinely listening to the voice of the people.'
The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.
Only a limited set of investors should invest directly in corporate bonds.
In 2019, out of the 1,440 minutes in a day, Indian youth spent 148 minutes on employment-related activities, which increased to 158 minutes in 2024.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
The basic aim behind establishing PSA oxygen plants at government hospitals in the district headquarters is to further strengthen the public health system and ensure that each of these hospitals has a captive oxygen generation facility.
At least 12 people died and 34 persons were injured in a pharma plant explosion in Sangareddy district of Telangana on Monday, State Minister Damodara Raja Narasimha said.
Since its launch in late March after India went into a lockdown, concerns about transparency have been expressed about the PM-CARES Fund
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.
The statements the separatists make, the abominable tableaux at their parades, the slogans, posters, and selfies with assault rifles are not India's problem. If they are a nuisance, it should bother their host countries, because they are armed and have their own underworld with deadly gang rivalries. Significantly, none of this happens in the US -- only in snowflaky Canada, points out Shekhar Gupta.
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'
By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.
Whether in cricket or business, Kohli continues to play the long game.
rediffGURU Nayagam PP, career counsellor and the founder of EduJob360, counsels students and aspiring professionals about how they can make the right career decision.
This brings its tax treatment on par with the Prime Minister's National Relief Fund.
'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'
Rs 2,000 crore will be earmarked for the purchase of ventilators and Rs 1,000 crore for care of migrant labourers
Isaacman's removal comes just days after Elon Musk's official departure from the White House, where the SpaceX CEO was serving in the role of a "special government employee" leading the Department of Government Efficiency.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Will cooperate with govt and judicial authorities: RCB after stampede FIR against it
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
While selecting a smallcap scheme, go with one that has a good track record and a stable fund manager.
Master the online ITR filing process and then learn the differences between the old and new tax regimes to pick your best option.
Today, says Ajit Menon, CEO, PGIM India Mutual Fund, he's pretty much cruising on the parenting highway but that wasn't always the case.
Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.
By naming a sworn swayamsevak for vice president, the Modi-Shah duo have sent out a clear and positive message to Nagpur, where the RSS headquarters is located, explains N Sathiya Moorthy.
A multibagger stock multiplies its original investment several times, delivering returns of 100%, 200%, or even higher. The excitement of finding such wealth creators is undeniable, but the process of identifying them is far from simple. It requires a careful blend of research, patience, and the right set of tools.
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
The Union Health Ministry refutes claims linking heart-related deaths to Covid vaccines, citing extensive studies by ICMR and AIIMS.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
rediffGURU Dr Upneet Kaur counsels a newly married woman on how to manage a controlling partner.
