'Union Budgets are often used as political instruments and that was the intention of this government too.' 'But while the exercise has settled two fronts, it has left open several others and this has the potential to aggravate with time,' predicts Nilanjan Mukhopadhyay.
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
Kolkata Knight Riders' home IPL match against Rajasthan Royals on April 17 is set to be rescheduled after the local police expressed its inability to provide adequate security due to Ram Navami celebrations on that day, the Cricket Association of Bengal (CAB) has informed the BCCI.
P V Subramanyam clears some misconceptions about debt funds.
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.
Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.
Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore.
Shah said the new laws would give priority to providing justice, unlike the colonial-era laws that gave primacy to penal action, and made reporting of crimes even easier by recognising e-FIR, Zero FIR and electronic or digital evidence.
Mauricio Pochettino has left his job as Chelsea manager by mutual consent, the Premier League side announced on Tuesday.
The high court, however, directed the trial court concerned to conclude its trial in the case by taking up hearing at least twice a week, noting that the accused have been behind bars since 2008.
Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.
In view of the high demand for oxygen in the country following a record spike in coronavirus cases, the Railways has decided to run Oxygen Express trains to transport liquid medical oxygen and oxygen cylinders across the country.
Throughout the day, he visited various polling stations in Bhopal to track the voting, sources said.
Ramalingam Kalirajan explains the pros and cons of both investment types.
The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).
Observing that the petitioner was "making a mockery of the system", the court said, "Rs 50,000 costs on you. We will pass the order."
The disputed region witnessed clashes on Saturday between the police and activists of a rights movement, leaving at least one police official dead and injuring over 100 people, mostly policemen.
Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Given the growth and profitability expectations of an 18 per cent return on equity (RoE) over FY24-26, there is still a case for buying at the current levels. While the net interest margins or NIMs may remain range-bound or have a downward bias, there's optimism about possibly better opex ratios and lower non-performing assets (NPAs), plus scope for further credit cost reduction, and healthy treasury performances as interest rates trend down.
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent. So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index. The IT index has been on a continuous decline in the last three sessions.
AAP Rajya Sabha MP Sanjay Singh said that the decision that Kejriwal should continue to be the chief minister even after being jailed was that of the people of Delhi.
Australia Women's team captain Alyssa Healy on Wednesday said that her husband and fast bowler Mitchell Starc deserved the record-breaking IPL paycheck as he has worked hard for many years.
Meanwhile, JMM supporters were seen protesting at the nearby Morabadi Ground and in some other places in protest against the ED action against Soren.
India on Friday asked its citizens not to travel to Iran and Israel amid increasing fears that Tehran may launch an attack on Israeli soil in retaliation to a strike on the Iranian consulate in Syria 11 days ago.
Australian batting great Ricky Ponting on Tuesday hailed the Indian Premier League as the world's best domestic T20 competition "by a long way", saying it is one of the best places to learn for talented youngsters such as Jake Fraser-McGurk.
The ongoing weakness in the broader equity market is likely to weigh on primary market investor participation ahead, which has already begun showing signs of fatigue, analysts said. The spillover effect, they say, will continue as long as the midcap and smallcap segments remain volatile. "The effect will be felt in the IPO market. The subscription levels have come down in the last few days and recent 4-5 IPOs have not done well.
Suitors for Punjab and Maharashtra Co-operative Bank (PMC Bank) may have to infuse additional capital of nearly Rs 750 crore so that the payout per depositor is more than the Rs 5 lakh sum assured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). The Reserve Bank of India (RBI) has also slotted its board meeting on March 19 in Mumbai - a fortnight short of the current deadline to find a resolution for the beleaguered bank and the moratorium placed on it comes to an end. Sources close to the PMC Bank transaction said that the central bank wants the suitors "to go the extra mile so that depositors can get more than the Rs 5 lakh insured by the DICGC". This is also to ensure that the new owners of the bank - who are to be issued a small finance bank (SFB) licence - are serious and have deep pockets.
A panel of Union ministers will hold a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including loan waiver and bringing an ordinance on giving legal guarantee to a minimum support price (MSP) for crops.
It is hard to escape the feeling that solving the problems of 2020 and 2021 will require something special which at the moment is not on view, observes Aakar Patel.
HDFC Bank's latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.
The market could not make a clear assessment of Tech Mahindra with the stock swinging wildly in the last two sessions. The results on Thursday were expected to be weak but the stock dropped slightly. However, investors reviewed the three-year turnaround plan and decided the stock had been oversold and the price recovered 7.5 per cent.
At least nine people have been killed and 77 people trapped across Taiwan after a powerful earthquake struck the island's eastern coast, CNN reported, citing the National Fire Agency (NFA).
With a dominant 24 runs victory over Mumbai Indians propelling second-placed KKR to 14 points and a step closer to qualification for the play-offs, the pressure is on KL Rahul's LSG to find a way past the threat that Shreyas Iyer's side poses.
https://www.rediff.com/business/report/quality-control-orders-what-does-this-mean-for-domestic-industry/20240425.htm
The legal notice stateS that Sreesanth had breached the terms of his contract.
Of the AAP's 62 MLAs in Delhi, 55 including all the ministers were present during the meeting.
Besides the national capital, polling for the sixth round of the marathon seven-phase elections will be held Saturday in 14 seats in Uttar Pradesh, all 10 seats of Haryana, eight seats each in Bihar and West Bengal, six seats in Odisha, four seats in Jharkhand and one seat in Jammu and Kashmir.
'Ganguly said India have picked a balanced squad for the T20 World Cup which has the wherewithal to land the trophy after a gap of 17 years.'
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
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