Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
Reliance Industries Ltd has withdrawn its trademark application for the term 'Operation Sindoor' -- the codename for India's military strikes in Pakistan -- stating that it was inadvertently filed by a junior employee without authorisation.
BJP Tamil Nadu president K Annamalai and many party functionaries were detained by police in Chennai on Monday ahead of a protest against alleged irregularities in state-run liquor retailer TASMAC. The BJP had planned to picket the TASMAC headquarters over alleged Rs 1,000 crore irregularities, as claimed by the Enforcement Directorate (ED). Annamalai was detained near his house along with his supporters, and senior party leaders including Tamilisai Soundararajan were placed "under house arrest" by the police. The ED had earlier said it found "multiple irregularities" in TASMAC operations, including "manipulation" in tender processes and "unaccounted" cash transactions worth Rs 1,000 crore.
The Indian Air Force conducted precision strikes on terror hideouts in Pakistan, targeting a Jaish-e-Mohammad communication network housed in a primary health centre in Tehra Kalan village. The communication setup was essential for planning and coordinating activities with infiltrated terrorists in Jammu and Kashmir. The strikes aim to dismantle the communication network and hinder the terrorists' ability to operate.
Passed by the House by 352 to 65 votes, the bill now heads to the US Senate for it to be sent to the White House for the President to sign it into law.
Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.
Lieutenant Commanders Roopa A and Dilna K from the Indian Navy have stamped India's name on the high seas.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
The Karnataka high court on Tuesday strongly criticised actor and filmmaker Kamal Haasan for his recent remark suggesting that "Kannada was born out of Tamil", and observed that a "single apology could have resolved the situation."
An official source in the Delhi Police said one of the two is suspected to be a criminal from Gurugram who was involved in multiple killings and robberies in Haryana and is wanted in the murder of Gurugram-based businessman Sachin Munjal in March.
According to the plea agreement, Sai Varshith Kandula (20), of St Louis, Missouri, crashed a rented truck into the White House perimeter, and he was attempting to gain access to the White House to seize political power.
South African President Cyril Ramaphosa, a former anti-apartheid activist and freedom fighter, responded to Trump's claims at their meeting in the Oval Office diplomatically, countering Trump's assertions.
LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3 per cent between FY14-FY23. Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24. In Q4FY24, the net interest income (NII) came in at Rs 2,250 crore.
Acharya Jonas Masetti, a Vedanta scholar from Brazil, was awarded the Padma Shri for teaching the Vedas, the Bhagavad Gita, Sanskrit, Yoga, Meditation and Indian spiritualism abroad.
Inflows into equity mutual fund (MF) schemes declined for a fourth consecutive month in April, even as systematic investment plan (SIP) inflows reached a record high of about Rs 26,632 crore.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
Inflows into sector and thematic (S&T) funds fell sharply from around 5,711.6 crore in February 2025 to about 170.1 crore in March 2025 - a decline of 97 per cent. With many such funds underperforming, investors need to assess whether to remain invested or exit.
'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.
'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
In a twist in the family feud, Abhishek Lodha-run Macrotech Developers on Wednesday alleged younger brother Abhinandan's firm fabricated documents to misuse the company's brand name to further its business interests.
A 33-year-old engineer, Mohit Yadav, died by suicide in a hotel room near Etawah railway station, leaving behind a video message accusing his wife and in-laws of mentally harassing him over property issues. The incident comes just months after a similar case involving techie Atul Subhash in Bengaluru, who also ended his life alleging harassment by his estranged wife and her family. Yadav's family alleged that his in-laws pressured him to transfer his property to his wife's name and threatened him when he refused. Police are investigating the case.
The Government Law College, Mumbai, is inviting applications for its one year part-time Diploma Course in Securities Laws 2025-26.
The Supreme Court collegium has initiated an initial inquiry against Delhi High Court judge Justice Yashwant Varma following the alleged discovery of a large stash of cash at his official residence during a fire incident. The collegium has also reportedly recommended Justice Varma's transfer to his parent high court, the Allahabad High Court. The inquiry will involve seeking a report from the Chief Justice of the Delhi High Court on the incident. The controversy surrounding the alleged discovery of cash was first reported by The Times of India. Justice Varma's proposed transfer is subject to the Centre's approval. The amount of cash found is not yet known. Justice Varma, currently heading a division bench dealing with sales tax, GST, company appeals and other appeals, did not hold court on Friday. Delhi High Court Chief Justice D K Upadhyaya expressed shock over the incident. The collegium reportedly received information about the cash discovery from government officials. Some collegium members have called for stricter action against Justice Varma, including seeking his resignation or launching an in-house inquiry. The Supreme Court has an in-house inquiry mechanism to deal with allegations against judges, which involves forming a committee to investigate and, based on the report, take further action. A judge of a constitutional court can only be removed through impeachment by Parliament.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Absconding diamond jeweller Mehul Choksi has been detained in Belgium following an extradition request by Indian probe agencies for his alleged involvement in the Rs 13,000 crore PNB bank loan 'fraud' case, official sources said Monday. The action against the diamantaire was taken on Saturday.
China on Friday said it is assessing whether to start trade talks with the US on tariff reductions following recent approaches by Washington, a move that would possibly ease the tit-for-tit tariff war between the world's two largest economies. "China is making assessments as the United States has recently reached out to convey messages to China through relevant parties many times, expressing hope to engage in talks with Beijing over tariff issues," the Chinese Commerce Ministry said in a statement in Beijing.
By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.
The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi, and others on charges of money laundering in the National Herald case. The chargesheet, filed on April 9, names Congress leaders Sam Pitroda and Suman Dubey as accused persons. The case pertains to the alleged fraudulent takeover of properties valued over Rs 2,000 crore belonging to the Associated Journals Limited (AJL), the publisher of the National Herald news platform. The ED alleges that Young Indian, a private company "beneficially owned" by Sonia Gandhi and Rahul Gandhi, "acquired" AJL properties for a mere Rs 50 lakh, significantly undervaluing its worth. The case has been transferred to Special Judge Vishal Gogne's court for further proceedings.
Prime Minister Narendra Modi met SpaceX CEO Elon Musk in Washington on Thursday. US President Donald Trump has chosen Musk to head a new Department of Government Efficiency (DOGE) last month. Musk arrived at Blair House with his three young children, who were sitting with Musk when he met Modi. Earlier, Modi met US National Security Advisor Michael Waltz. The meeting with Waltz was the first engagement of the day. External Affairs Minister Dr S Jaishankar and NSA Ajit Doval were also present at the meeting. Modi arrived in the US capital Wednesday evening for a bilateral meeting with President Trump. After arriving at Blair House, the President's Guest House, Modi met the US Director of National Intelligence Tulsi Gabbard. Just hours before her meeting with Modi, Gabbard took the oath of office as the 8th Director of National Intelligence in the presence of Trump.
Kamal Haasan starrer Thug Life will not be released in Karnataka on June 5, the scheduled date for the pan-India release of the much-anticipated movie, its producers informed the Karnataka high court on Tuesday.
'Youngsters in India look up to the West as if it is the biggest accomplishment they need in life. It breaks my heart.'
The issue was first raised by Congress MLA Kamalakhya Dey Purkayastha during Question Hour, when he asked Revenue and Disaster Management Minister Jogen Mohan if the land in the Kaliabor area was allotted under the state's 'Basundhara' scheme.
Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.
'Earlier, our cost of funds was higher than most in the peer group.'
