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.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'
Prime Minister Narendra Modi met with US Vice President J D Vance and his family, Estonian President Alar Karis, and UN Secretary General Antonio Guterres on the sidelines of the AI Action Summit in Paris. The meetings focused on bilateral relations, AI collaboration, and trade opportunities. Modi also invited Estonia to explore opportunities in India's growth story. He concluded the summit by expressing India's willingness to host the next AI Action Summit.
Delhi Lt Governor V K Saxena has ordered an inquiry against private persons allegedly gathering personal details of women in the name of Mahila Samman Yojana, his office said on Saturday.
rediffGURU Major Inderpaul Singh (retd) offers career guidance and helps students and individuals handle challenges in their professional lives.
This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
The Jammu and Kashmir government has banned the use of third-party tools like WhatsApp and Gmail for transmitting sensitive official documents, citing security concerns. The order, issued by the General Administration Department, states that these platforms are not designed to handle classified information and their security protocols may not meet the stringent standards required for official communications. It highlights potential risks such as unauthorized access, data breaches, and leaks of confidential information. The order emphasizes the importance of using government email facilities, instant messaging platforms, and secure networks for handling sensitive information. It also prohibits the use of digital assistants and smartphones during discussions on classified matters. The government has warned of disciplinary action for non-compliance with these directives.
There is a "misperception" among the administration around deregulation, wherein digitisation is confused with deregulation, Chief Economic Advisor V Anantha Nageswaran said on Tuesday. Speaking at an event organised by alternative investment industry's lobby grouping IVCA in Mumbai, Nageswaran stressed that what is essential is to do away with needless regulations, whether they are to be complied with online or offline.
According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.
Delhi short fall of knockouts, secure an innings win against Railways; Kohli's return concludes with single-digit score
'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'
Mental health experts and counsellors highlight how to identify early signs of distress in children and what parents and peers can do to prevent someone from taking their life.
Hugely creative with a very evolved aesthetic sense, he made the Illustrated Weekly of India every young reporter's dream. Payal Singh Mohanka remembers Pritish Nandy who passed into the ages on January 8, 2025.
Such was India's domination that only two Sri Lankan batters -- Sumudu Nisansala (21) and captain Manudi Nanayakkara (33) -- could manage double-digit scores.
To set up a future-ready administration geared towards the target of $2 trillion exports by 2030, the Department of Commerce has decided to set up a dedicated trade promotion body to drive overall promotion strategy, export targets, and execution as part of a restructuring exercise. The trade promotion body will formulate and drive overall trade promotion strategy; create and drive India's branding across focus markets and sectors; drive coordinated action across missions, states and export promotion councils; strategic initiatives, including advisory and buyer-seller meet; and develop digital platforms for exporters and buyers. Based on a 14-volume 'restructuring dossier' by the Boston Consulting Group, the commerce department has already implemented some of the recommendations.
The Uttar Pradesh government is expecting over 35 crore pilgrims to attend the Maha Kumbh Mela in Prayagraj, a significant increase from the 24 crore who attended the 2019 Kumbh Mela. The event, which will take place over 45 days, will feature extensive security and sanitation measures, as well as a digital component. The state government has allocated Rs 7,000 crore for the event.
First things first: For those wondering if they need to reapply, the answer is no.
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
Shobha Warrier/Rediff.com travels to Pullampara to discover how it became India's first digital literate village.
The 57-year-old has become the centre of attraction in Maha Kumbh Mela due to his height, which is a little more than three feet.
Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.
The first day of the Maha Kumbh Mela in Prayagraj saw over 250 individuals separated from their families in the dense crowd reunited thanks to the efficient measures taken by the fair administration. However, some attendees, including an elderly woman and a family of 13, are still searching for their loved ones despite the efforts of authorities who have deployed dedicated "Bhula-Bhatka" camps, police assistance centers, and digital tools to help reunite families.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
During his recent appearance on the show, Ranveer Allahbadia asked a contestant whether they would rather watch their parents have sex for the rest of their life or join them once and put a stop to it.
Deepti Sharma did the star turn with career-best figures of 6/31 before doing her bit with the bat as India completed a 3-0 whitewash of the West Indies
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
The Uttar Pradesh government, citing a scientist, has asserted that Ganga water at the ongoing Maha Kumbh in Prayagraj is as pure as "alkaline water", debunking concerns raised by the Central Pollution Control Board (CPCB) about water quality. The government claims that a scientist found no bacterial growth or decline in the water's pH level, despite millions of devotees bathing in the river. However, experts caution that the quality of the Ganga water is not static and can vary greatly depending on various factors.
The number of frauds in the banking sector increased over four times in the past five years to 36,075.
All complaints were forwarded to the state-level grievance redressal committee, which was formed by the state government on Tuesday evening after agitation by junior doctors who are currently on a "total cease work".
The government on Tuesday appointed C S Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD of the bank, will replace incumbent chairman Dinesh Kumar Khara on August 28.
The BJP and Congress have called out the 'Delhi model' as a hoax, built on sustained propaganda when the ground reality is different.
'What I hope to do is provide a vehicle for that scale and growth in literacy and English as a second language here.'
IMAGES from Day 5 of the 3rd Test played at The Gabba in Brisbane on Wednesday.
Who do you think should be part of India's playing for the third T20I against England on Tuesday?
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