News for 'Capital Express'

Debt To Wealth: Young People, Read This!

Debt To Wealth: Young People, Read This!

Rediff.com17 Mar 2025

'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

India's pace of debt reduction leaves room for downside risk

India's pace of debt reduction leaves room for downside risk

Rediff.com3 Feb 2025

Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.

Shreyas Iyer named Punjab Kings captain for IPL 2025

Shreyas Iyer named Punjab Kings captain for IPL 2025

Rediff.com12 Jan 2025

Shreyas Iyer, who captained Kolkata Knight Riders to the IPL 2024 title last year, was bought by Punjab Kings for a whopping Rs 26.75 crore at the players' auctions.

Want Higher MF Returns? Consider Momentum Investing

Want Higher MF Returns? Consider Momentum Investing

Rediff.com18 Mar 2025

Dwaipayan Bose explains what momentum investing is, how it works, why it generates higher returns and has higher wealth creation potential.

Union Carbide waste incineration begins on trial basis in MP

Union Carbide waste incineration begins on trial basis in MP

Rediff.com28 Feb 2025

The trial incineration of 10 tonnes of waste from the Union Carbide plant in Bhopal, responsible for the 1984 gas tragedy, began on Friday afternoon in Pithampur, Madhya Pradesh. The process, ordered by the Madhya Pradesh High Court, is expected to take 72 hours to complete. The waste includes soil, reactor residues, pesticide residues, and other materials. The State Pollution Control Board says the chemicals in the waste have become "almost negligible" and there is no presence of methyl isocyanate gas. The incineration process is being monitored by the Pollution Control Board and broadcast live.

Union Carbide waste burning trial likely from today, 500 cops deployed

Union Carbide waste burning trial likely from today, 500 cops deployed

Rediff.com28 Feb 2025

The first round of trial incineration of 10 tonnes of waste connected to the 1984 Bhopal Gas Tragedy has begun in Pithampur, Madhya Pradesh, amid tight security. The Supreme Court refused to intervene in the MP High Court's order directing the transfer and disposal of waste at a private company-operated plant in Pithampur. The trial incineration is being conducted in the presence of scientists from the central and state pollution control boards. Protesters have expressed apprehensions about harm to the human population and environment due to the disposal of this waste, but the state government has rejected these concerns, saying that solid arrangements are in place for safe disposal.

'People Will Have More Money In Their Hands'

'People Will Have More Money In Their Hands'

Rediff.com6 Feb 2025

'When people have money in their hands, they make their judgment about whether they want to spend it entirely or spend some out of it.'

Growth jitters take a 'byte' out of TCS

Growth jitters take a 'byte' out of TCS

Rediff.com27 Feb 2025

Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.

IRS officer, kin found dead at Kerala home; sister was facing CBI case

IRS officer, kin found dead at Kerala home; sister was facing CBI case

Rediff.com22 Feb 2025

The Kerala Police are investigating the mysterious deaths of an IRS officer, his sister, and their mother in Kochi. The officer, Maneesh Vijay, and his sister, Shalini Vijay, were found hanging inside their house, while their mother, Shakuntala Agarwal, was discovered dead on her bed. Police have not yet established a direct link between the deaths and a CBI case in which Shalini was summoned as an accused. Preliminary findings suggest the siblings died by suicide, but the cause of their mother's death is still under investigation. The family had been residing in the quarters for the past year and a half but reportedly kept to themselves, maintaining limited interaction with neighbours, police added.

'Trump Will Unite America Provided...'

'Trump Will Unite America Provided...'

Rediff.com22 Jan 2025

'...he keeps his campaign promises, does what he said he will do which led to his huge victory.'

SIP Investors Hit by Market Selloff

SIP Investors Hit by Market Selloff

Rediff.com21 Feb 2025

In January, SIP account closures surpassed new registrations for the first time.

Nifty May End In Red For Record 5th Month

Nifty May End In Red For Record 5th Month

Rediff.com25 Feb 2025

The last time this happened was in 1996.

'If There Is No Money In The Hands Of People...'

'If There Is No Money In The Hands Of People...'

Rediff.com31 Jan 2025

'...how do they consume and contribute to the GDP?'

Yet another healthy showing likely for capital goods in Q3

Yet another healthy showing likely for capital goods in Q3

Rediff.com17 Jan 2024

Earnings growth trajectory for India's capital goods firms is likely to stay buoyant for the December 2023-ended quarter (Q3 FY24), said analysts. Guidance on margins, ordering activity in an election year and export-related demand would be key monitorables. Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year (Y-o-Y).

'How to avoid capital gain tax on sale of land?'

'How to avoid capital gain tax on sale of land?'

Rediff.com14 Mar 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Weak earnings, slow execution play spoilsport for Power Grid Corp

Weak earnings, slow execution play spoilsport for Power Grid Corp

Rediff.com18 Feb 2025

Power Grid Corporation of India's (PWGR's) Q3FY25 revenue declined 3 per cent year-on-year (Y-o-Y) to Rs 11,200 crore, with operating profit falling 7 per cent Y-o-Y to Rs 9,500 crore and margin contracting to 85 per cent from 91 per cent Y-o-Y. Other income surged 89 per cent Y-o-Y to Rs 500 crore, but regulatory income dropped 62 per cent Y-o-Y to Rs 42.5 crore.

Buying Under-Construction Property? Read This!

Buying Under-Construction Property? Read This!

Rediff.com11 Mar 2025

The biggest risk in under-construction projects is delay and non-completion.

Farmers call off Chandigarh march after Punjab Police crackdown

Farmers call off Chandigarh march after Punjab Police crackdown

Rediff.com6 Mar 2025

Punjab Police thwarted farmers' attempt to go to Chandigarh on the Samyukta Kisan Morcha's call for a week-long dharna beginning Wednesday, as multiple checkpoints were set up across the state and security stepped up at all entry points of the Union Territory.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

Rekha Gupta takes charge of Delhi after grand swearing-in

Rekha Gupta takes charge of Delhi after grand swearing-in

Rediff.com20 Feb 2025

Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.

BJP picks first-time MLA Rekha Gupta as new Delhi CM

BJP picks first-time MLA Rekha Gupta as new Delhi CM

Rediff.com20 Feb 2025

First-time MLA Rekha Gupta will be the new chief minister of Delhi, capping 11 days of suspense over who will get the top post after the Bharatiya Janata Party returned to power after over 26 years ending the 10-year rule of the Arvind Kejriwal-led Aam Aadmi Party.

Bengal govt moves HC for death sentence to RG Kar convict

Bengal govt moves HC for death sentence to RG Kar convict

Rediff.com21 Jan 2025

The West Bengal government has sought permission from the Calcutta High Court to appeal against the Sealdah court order that sentenced Sanjay Roy to life imprisonment until death in the RG Kar hospital doctor's rape and murder case. The state government is seeking the death penalty for Roy, the sole convict in the case, and has expressed dissatisfaction with the Sealdah court's verdict, which did not consider the crime "rarest of the rare." The court also ordered Roy to pay a Rs 50,000 fine and directed the state government to pay compensation of Rs 17 lakh to the family of the deceased doctor.

Kejriwal reveals BJP's Delhi CM face, challenge him for debate

Kejriwal reveals BJP's Delhi CM face, challenge him for debate

Rediff.com11 Jan 2025

The BJP has fielded Bidhuri from Kalkaji assembly constituency. He will take on AAP candidate and Delhi Chief Minister Atishi, who is seeking re-election from the seat.

'Avoid Panic Selling. Nifty To Hit 29,263'

'Avoid Panic Selling. Nifty To Hit 29,263'

Rediff.com21 Jan 2025

'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Rediff.com21 Feb 2025

Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.

Putin apologises for Azerbaijan plane crash, offers explanation

Putin apologises for Azerbaijan plane crash, offers explanation

Rediff.com28 Dec 2024

Russian President Vladimir Putin on Saturday apologised to Azerbaijan's President Ilham Aliyev for the crash of Azerbaijan Airlines Flight 8432 in which 38 passengers were killed near Aktau in Kazakhstan, Euro News reported.

Delhi cabinet okays Ayushman scheme, to table CAG reports

Delhi cabinet okays Ayushman scheme, to table CAG reports

Rediff.com21 Feb 2025

The newly-formed Delhi Cabinet in its first meeting approved the implementation of the Ayushman Bharat health insurance scheme in the national capital. The cabinet also decided to present 14 pending CAG reports in the first session of the assembly. Delhi Chief Minister Rekha Gupta said that the previous AAP government did not allow the health scheme in the city, preventing the people from availing its benefits.

'With 1 Cr At 32, Can I Retire By 50?'

'With 1 Cr At 32, Can I Retire By 50?'

Rediff.com3 Mar 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Varun Aaron bids emotional farewell to cricket

Varun Aaron bids emotional farewell to cricket

Rediff.com10 Jan 2025

Despite a stellar start to his career, Varun Aaron's journey was marred by inconsistent form and frequent injuries, with his last appearance for India dating back to 2015.

Sentence for RG Kar rape-murder convict to be pronounced on Monday

Sentence for RG Kar rape-murder convict to be pronounced on Monday

Rediff.com19 Jan 2025

A Kolkata court will pronounce the sentence on Monday for Sanjay Roy, convicted of raping and murdering an on-duty doctor at the state-run R G Kar Medical College and Hospital. Roy, a former civic volunteer with the Kolkata Police, was found guilty of sexually assaulting the doctor and throttling her to death. The judge will also address questions raised by the victim's father and criticize some activities of the police and hospital authorities.

Kerala nurse faces execution in Yemen despite blood money payment

Kerala nurse faces execution in Yemen despite blood money payment

Rediff.com2 Jan 2025

Nimisha Priya, an Indian nurse sentenced to death in Yemen for the alleged murder of a Yemeni national, faces imminent execution despite the payment of blood money. Despite the lack of bilateral ties between India and war-torn Yemen, family members and human rights activists are clinging to hope for a last-minute pardon. The family has raised funds through a crowdfunding campaign to cover legal fees and negotiations, and is prepared to pay any additional amount required. However, the execution order received presidential approval despite ongoing proceedings, leaving little time for intervention. Priya's family is burdened by debt and seeks urgent support from the Indian government to save her life.

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

'How Can I Calculate Long Term Gains On Shares Sold?'

'How Can I Calculate Long Term Gains On Shares Sold?'

Rediff.com7 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

Meet Delhi's new cabinet: A diverse power mix

Meet Delhi's new cabinet: A diverse power mix

Rediff.com20 Feb 2025

The cabinet of the new government led by Rekha Gupta balances representation of all major communities that propelled the Bharatiya Janata Party to power in Delhi with a massive majority after over 26 years.

With 7.1% Interest, Is PPF Still A Good Investment Option?

With 7.1% Interest, Is PPF Still A Good Investment Option?

Rediff.com17 Mar 2025

The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.

Shreyas can't wait to work again with Ponting, this time at Punjab

Shreyas can't wait to work again with Ponting, this time at Punjab

Rediff.com21 Dec 2024

'With Ricky coming in, we have shared a great camaraderie from the past. We would be putting our thinking caps on and brainstorming on many aspects.'

Pollution-free environment a constitutional right, says HC

Pollution-free environment a constitutional right, says HC

Rediff.com21 Dec 2024

The Bombay High Court has declared a pollution-free environment a constitutional right and criticized the Maharashtra government for failing to address the issue of air pollution in Mumbai. The court expressed its disappointment with the government's lack of initiative, stating that citizens should not suffer due to the inaction of authorities. The court highlighted the severe air pollution levels in Mumbai, especially along major roads, and ordered the traffic department to take immediate action to reduce congestion and improve traffic flow.

'How Can I Save Tax If I Earn Less Than Rs 10L?'

'How Can I Save Tax If I Earn Less Than Rs 10L?'

Rediff.com28 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

'Old Or New Tax Regime? I Earn...'

'Old Or New Tax Regime? I Earn...'

Rediff.com13 Feb 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.