Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.
In a pre-Budget memorandum to finance minister Pranab Mukherjee, the IndusInd International Federation said selective benefits may be offered to NRIs enabling them to make India the hub for their global activities.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
The partition of Bengal in 1905 split more than a province, it touched people's hearts and awakened India's fight for freedom.
The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms entered the 2025-26 fiscal year with healthier balance sheets, higher cash buffer, improved profitability, and greater access to diversified funding sources, said the article 'Private Corporate Investment: Growth in 2024-25 and Outlook for 2025-26' published in the Reserve Bank of India's (RBI's) August bulletin.
'Tax rate and stock markets are entirely two different things.'
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
'Active funds have the ability to manage downside risk.'
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
'The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy policies for saving tax.' 'The tax-saving value proposition for the sector reduces.'
Russian President Vladimir Putin, in a phone call this past week with United States President Donald Trump, demanded that Kyiv surrender full control of Donetsk, a strategically vital region in eastern Ukraine, as a condition for ending the war, said two senior officials familiar with the conversation, the Washington Post reported.
Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.
Our tax expert explains capital gains in response to our reader queries.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Entities controlled by governments - sovereign wealth funds, and pension funds - have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs) over the past five years.
'Our politics is transparent -- it's about ensuring farmers don't die by suicide, about ensuring agriculture remains viable, about ensuring food security for the nation.' 'If that's politics, then yes, we do politics.'
Equity fundraising through qualified institutional placements (QIPs) has gained traction, thanks to supportive equity markets and the need for fresh fundraising to meet capital expenditure (capex) requirements.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.
Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.
In his address, Sharif praised US President Donald Trump, saying his "efforts for peace helped avert a ... war in South Asia".
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
The best solution would be the one followed in 2018 -- allow cost indexation until March 31, 2024 -- but exit at any time. The second-best alternative would be to allow time until March 31, 2025 for investors to exit their investments under the old indexation regime, points out Harsh Roongta.
China has firmly denied that its Wuhan Institute of Virology conducted gain-of-function studies on coronavirus, rejecting allegations that the US Agency for International Development (USAID) funded such research at the lab. The Chinese Foreign Ministry spokesperson, Guo Jiakun, emphasized that the lab has never engaged in gain-of-function research, designed, made, or leaked COVID-19. China has also reiterated its stance on the origins-tracing of COVID-19, stating that the pandemic was "extremely unlikely" to have originated from a lab leak, as concluded by the WHO-China joint mission.
Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.
Among Sensex firms, Mahindra & Mahindra, Asian Paints, Infosys, Titan, Sun Pharma, Tata Consultancy Services, Tech Mahindra and Power Grid were the major laggards. However, Bajaj Finance, Eternal, UltraTech Cement and Reliance Industries were among the gainers.
Investors may wait for six months and then take another look at the stock.
Mixing strong defence with measured attack, young wrestler Antim Panghal won her second World Championship medal with a dominating 9-1 victory over U-23 World Champion Emma Jonna Denise Malmgren in the bronze play-off in Zagreb on Thursday, ensuring that the Indian contingent won't return empty-handed from the Croatian capital.
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
Exchange Traded Funds (ETFs) have stepped into the spotlight this quarter. With evolving market conditions and shifting investor sentiment, ETFs offer a timely solution for accessing growth with liquidity and efficiency. In this article, we break down the most important ETF trends, performance drivers, and what to watch in the months ahead.
Ahead of the auction last year, he was let go by SRH, an opportunity that Lucknow Super Giants scooped up. Seeing Samad's potential, the Zaheer Khan-mentored team bought his services for Rs 4.2 crores at the auction table.
Leylah Fernandez earned the biggest win of her career as she beat Anna Kalinskaya in the Washington Open final on Sunday.
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