Indian cuisine is remarkably popular in Poland with various Indian restaurants catering to the growing demand for the rich flavours and Polish diners visiting them say the dishes like dosa and butter chicken remind them of their travels to India.
Investors need to carefully assess country-specific risks. 'This is especially true of a market that is less transparent than the US.'
The IDF noted that the strikes are being conducted in response to "relentless attacks" from Iran and its proxies since October 7, adding that Israel has the "right and the duty to respond."
The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.
For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.
After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.
A wave of high-profile player releases, including four prominent captains -- Shreyas Iyer, K L Rahul, Rishabh Pant, and Faf du Plessis -- has reshaped the landscape of the league.
For Reliance Industries Ltd (RIL), the September 2024 quarter (Q2FY25) may turn out to be yet another weak one as refining margins drag, say analysts. Two brokerage firms - ICICI Securities and Nuvama - expect a 1-13 per cent dip in reported profits in Q2FY25 from a year ago. Kotak Institutional expects a modest 2.2 per cent rise. Revenue, at best based on available analyst estimates, could rise up to 4 per cent.
A 62-year-old man rammed his car into a crowd of people exercising at a sports centre in Zhuhai, China, killing 35 and injuring 43. The attacker, identified as Fan, was quickly apprehended and is currently receiving medical treatment after attempting self-harm. Police believe Fan's actions were motivated by his dissatisfaction with the property division outcome of his divorce. The incident occurred on Monday evening but was not reported by Chinese media until Tuesday evening. The event has sparked concerns and prompted authorities to strengthen security measures and investigate the incident.
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto). In Q-commerce, Flipkart, Amazon, Reliance and Big Basket are all entering the space. All of them have deep pockets, hence competitive intensity will rise going forward.
'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'
Jefferies, IIFL, and JM Financial - none of which were in the top five last year - have now claimed the top spots in the league tables for equity capital markets (ECM) during the first nine months of calendar year 2023 (CY23), a period characterised by small- and mid-sized transactions. This shift marks a significant change, with these firms outperforming the bulge-bracket investment banks. According to data provided by Refinitiv, Jefferies leads the domestic ECM market, having handled share sales worth $2.3 billion, representing 12.4 per cent of the total volume of $18.4 billion for ECM transactions.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
rediffGURU T S Khurana answers readers' personal income tax queries
Sreejesh broke into a wide grin that like his idol, his own skills earned him the sobriquet "The Great Wall of Indian Hockey".
rediffGURU T S Khurana answers readers' personal income tax queries.
Jasprit Bumrah, Rishabh Pant, Shubman Gill, K L Rahul, Suryakumar Yadav, Hardik Pandya: Who will succeed Rohit Sharma after he retires?
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.
Defence Minister Rajnath Singh on Saturday said India has never attacked any country out of hatred or contempt but if its interests are threatened, 'we will not hesitate to take a big step'.
If you lack an emergency fund or it is depleted, use part of your bonus to build or replenish it.
'We are in a position to start due diligence and private data room access shortly.'
The BCCI's retention and auction rules ensure that franchises will have to make careful decisions to balance retaining star power with building depth across their squads.
Presenting the Budget in Lok Sabha, Sitharaman said the outlay for the Railways is nine times the amount provided in 2013-2014. She said 100 critical transport infrastructure projects for last- and first-mile connectivity for coal, fertiliser and food grain sectors have been identified and will be taken up on a priority basis with investment of Rs 75,000 crore, including Rs 15,000 crore from private sources, she said.
Both private and government hospitals have joined the protest, fighting for justice for the victim and demanding a security act for doctors.
'Allocate up to 20 per cent of your core equity portfolio to quality funds.'
The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.
Prime Minister Narendra Modi on Monday briefed US President Joe Biden in a phone conversation on his visit to Ukraine and conveyed India's full support for the early return of peace to the region through dialogue and diplomacy.
Qaouk was a commander of Hezbollah's preventative security unit and a member of their executive council.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.
He said the transformation brought about by the fintech sector in India is not just limited to technology, but its social impact is far-reaching. He also stressed that fintech has dented the parallel economy and is bridging the gap between villages and cities on the financial services front. The prime minister also said that in the last 10 years, the fintech space has attracted investments of more than $31 billion and fintech startups have grown by 500 per cent.
Zakia Khudadadi completed a remarkable journey to become the first athlete from the refugee team to win a medal at the Paralympics when she clinched a taekwondo bronze on Thursday.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.