India has surpassed the United States to become the fastest COVID-19 vaccinating country in the world with an average daily rate of 30,93,861 vaccine doses, the Union health ministry said.
'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.
South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
Even when China's widely-publicised exchange with the World Health Organisation (WHO) in response to the queries over the reports of surging cases of mycoplasma pneumonia and influenza flu triggered the worldwide alert, including in India, China said the spike in respiratory diseases was due to an 'immunity gap'.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
A feeble fable masquerading as a robo rom-com, Teri Baaton Mein Aisa Uljha Jiya aspires to address what unrealistic expectations in a relationship can lead to, observes Sukanya Verma.
The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
We have to walk a very fine line between our desire to mobilise more and more taxes or having higher percentage of taxes, he says
Sebi takes 6 merchant bankers to task for lapses in IPO
It's not uncommon for performers to become bigger than the stories they are placed in and Sreehari Nair would happily pay to watch Isha Talwar and Paramvir Singh Cheema riffing on love, bad life choices, psychology, rhythm, and oven-baked Kulchas in Chamak.
CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.
The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders.
Prashant A Bhonsle lists 5 major points you need to keep in mind before applying for a student loan.
Much of Sajini Shinde Ka Viral Video's enjoyment comes from the carefully picked star cast who do a pretty good job, observes Mayur Sanap.
None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.
Gross value added in agriculture and allied activities clocked a healthy growth rate of 4.5 per cent at constant prices in the second quarter of FY22, up from 3 per cent during the same period last fiscal year and 3.5 per cent in Q2 of 2019-20. In the first quarter of FY22, gross value added in the sector was also 4.5 per cent. Growth in current prices was also a healthy 7.9 per cent in July-September 2021-22, up from 7.3 per cent in the same quarter last fiscal year. It was slightly less than the 8.7 per cent of the second quarter of 2019-20.
The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings. The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22. The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said.
His mother sold her gold chain so Dhruv could buy a cricket kit after his father, a Kargil War veteran, told him to give up the game because it was too expensive.
'Indian equity valuations, although not very expensive, are not cheap either.'
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
Among the Sensex firms, Bajaj Finance emerged as the biggest gainer by climbing 2.95 per cent. Tata Motors, Bajaj Finserv, IndusInd Bank, Sun Pharma, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, HDFC, HDFC Bank, Maruti, Reliance Industries and Bharti Airtel were the other major winners. HCL Technologies, Axis Bank, ICICI Bank, Tech Mahindra and Titan were among the laggards.
When an actor has worked for as long as Manoj Bajpayee, one tends to lose their sense of originality under the sheen of stardom. But the actor's versatility sparkles in his willingness to start on a fresh note every single time, applauds Sukanya Verma.
A heavy-duty drilling machine flown in by the Indian Air Force (IAF) from Delhi began boring through the rubble of a collapsed tunnel on the Char Dham route in Uttarakhand Thursday, in a fresh attempt to create an escape passage for 40 workers trapped inside for four days.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
'I received many threatening calls and letters.' 'A fatwa was issued against me.'
Bankers expect interest rates to remain stable in the short to medium term, as there is enough liquidity in the market.
Deaths per million population in the country stand at a very low level of 88, it said. The ministry said 23 states and union territories in the country have a CFR lower than the national average, while 65 per cent of the total deaths so far were recorded in five states.
India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.
Personal loans and credit card loans provide quick access to money when it is urgently needed, but they also carry risks for borrowers.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
RBI Governor Raghuram Rajan, who had predicted the 2008 financial meltdown, has said that abrupt reversal of low interest rates globally could create substantial amounts of damage and that it should be done in predictable and careful way.
Despite sanctioning the loans, bankers are worried whether to disburse the loan because of absence of an investment grade rating.
Violence is just too stark, too TRP friendly and so it gets a lot of attention in the media. But the crime of discrimination is much worse because it is much greater, it attracts no attention and it has no recourse, says Mahesh Vyas.
'One is happy. The moment one starts criticising the BJP, ED, IT and CBI comes to one's house.'
