rediffGURU T S Khurana answers readers' personal income tax queries.
India's gold demand witnessed a 15 per cent on-year decline to 118.1 tonnes in the January-March quarter of this year, even as value grew by 22 per cent to Rs 94,030 crore due to surging prices, the World Gold Council (WGC) said on Wednesday. According to the WGC forecast, India's gold demand for 2025 is expected to be between 700-800 tonnes.
'You don't realise your life has changed in just three days.' 'It's when you come back to the city that it starts hitting you but you now have the power to manage the challenges Life throws at you.'
From the Sensex pack, ITC jumped 4.74 per cent. The other major gainers were IndusInd Bank, Hindustan Unilever, Infosys, Wipro, HCL Technologies, Tata Consultancy Services and ICICI Bank. HDFC, Tata Steel, Bajaj Finance, NTPC, Power Grid and HDFC Bank were the major laggards.
Bharti Airtel, ICICI Bank, Eternal, Mahindra & Mahindra, HCL Technologies, HDFC Bank, Kotak Mahindra Bank, Tata Consultancy Services and Bajaj Finance were also among the laggards.
India's current account deficit (CAD) may dip further in the March quarter of FY24 as pressure from the negative net exports during the January-March period eased to an 11-quarter high. A part of the gross domestic product (GDP) data, net export- which is usually negative for India - captures the difference between exports and imports of both goods and services, while the CAD data, released by the Reserve Bank of India (RBI), also factors in private transfer receipts.
Anushka Sharma and Virat Kohli have consistently shown us how to build a relationship that thrives under pressure and celebrates each other's victories as their own.
From the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Eternal, Power Grid, ITC, Tata Motors, Asian Paints and Hindustan Unilever were among the gainers. Among the laggards, Kotak Mahindra Bank tanked 4.57 per cent
A war of words erupted in the Indian Parliament on Tuesday between Samajwadi Party (SP) MPs and BJP MP Hema Malini over the alleged mismanagement at the ongoing Maha Kumbh in Prayagraj. SP leaders accused the Uttar Pradesh government of failing to provide adequate food, water, and fuel, leading to the deaths of devotees. Hema Malini, however, defended the event's organization, claiming it was well-managed despite a stampede that occurred on January 29th.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
Listed paint majors posted another lacklustre showing in the January-March quarter (Q4) of 2024-25 (FY25), with average revenue growth under 3 per cent. Sales were weighed down by Asian Paints - the market leader and the only major to report a year-on-year (Y-o-Y) decline.
It was a day to remember for RCB wicketkeeper Jitesh Sharma, who had his gloves full-and delivered with aplomb.
Fewer people participated in MGNREGA during the first six months of this financial year (April-September) compared to the same period last year, a recent analysis of the scheme's performance by LibTech showed.
Several families continue their desperate search for their loved ones.
Uttarakhand saw the sharpest decline (of 11 per cent) in the "total persons engaged" in manufacturing in the worst-hit pandemic year of 2020-21 as industrial units shut shop, according to the latest Annual Survey of Industries (ASI) data, released by the Ministry of Statistics and Programme Implementation (MoSPI). This was followed by the decline in the workforce in states such as Jharkhand (8.9 per cent), West Bengal (8.3 per cent), Kerala (8 per cent), and Karnataka (7.8 per cent). The "total persons engaged" in an enterprise is defined as the sum of directly employed workers, supervisory or managerial workers, and the unpaid family members who might be engaged in the enterprise.
A strong dust storm and gusty winds followed by rain hit Delhi-NCR on Friday evening, causing trees to be uprooted in several parts and leading to traffic congestion. Thunderstorms caused power disruptions in several parts of the city, primarily due to trees and branches falling on electricity cables. The India Meteorological Department (IMD) has issued an orange alert, recommending people stay indoors and avoid unnecessary travel.
At least 30 people were killed and 60 others injured in a pre-dawn stampede at the Sangam area of the Maha Kumbh early on Wednesday as crores of pilgrims jostled for space to take a holy dip on the occasion of one of the most auspicious days of Mauni Amavasya, officials said.
The flag will be taken down on July 24, 2028, which will mark the conclusion of the Simhastha Kumbh Mela, which is held once in 12 years.
Indian archery endured a forgettable outing at Stage 3 of the World Cup in Antalya, Turkey on Saturday, returning empty-handed in a performance that raised serious questions over team selection, preparation and mental fortitude, especially with the Asian Games just a year away.
The National Green Tribunal on Wednesday slammed the Uttar Pradesh Pollution Control Board, asking whether it disputed the Central Pollution Control Board's finding on high levels of faecal coliform being found in the water at various locations in Prayagraj during the ongoing Mahakumbh.
The Mayrlife Altaussee is a medical health resort, which aims to provide recovery, relaxation and health.
Vijay Deverakonda joins the long list of film folk, who headed to the Maha Kumbh Mela to take a dip in the holy water.
Rohit Sharma has launched a scathing critique of cricket commentary and journalism in the country
Seers from various 'akharas' took the first 'Amrit Snan' at the Maha Kumbh on Makar Sankranti on Tuesday as an unbroken stream of people converged at the Triveni Sangam on the occasion with around 3.5 crore devotees taking a dip.
Pharma major Dr Reddy's Laboratories delivered a muted operational performance in the fourth quarter of financial year 2024-25 (Q4FY25), even as revenue growth remained healthy. Lower gross margin performance and muted domestic growth are key concerns. Most brokerages have a "Sell" or "Reduce" rating as there are uncertainties related to the development of a new product portfolio and the launch timelines.
Manchester City gave Kevin De Bruyne a victory in his final appearance at Etihad Stadium, as Omar Marmoush scored a stunner in a 3-1 Premier League win over Bournemouth on Tuesday that saw them climb to third in the table.
The Ganga water at the Triveni Sangam in Prayagraj, where lakhs of people are taking a holy dip every day during the ongoing Maha Kumbh, is currently unsafe for bathing as it exceeds the prescribed limit for biological oxygen demand (BOD), a key parameter to determine water quality, according to government data.
Ahead of the Basant Panchami Amrit Snan at the Maha Kumbh, top officials are emphasizing the implementation of "zero error" directives to prevent a repeat of the deadly stampede that occurred during a previous snan. The Uttar Pradesh government has deployed senior IAS officers with experience in crowd management and inter-agency coordination to oversee the event.
In a format often dominated by innovation and brute force, Gujarat Titans' Subhman Gill and Sai Sudharsan once again reminded the fans that proper cricketing shots still thrive in the hustle of modern T20 cricket.
Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff exemptions.
Competition from Nepalese teas -- which has duty free access to the Indian market -- has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.
Indian men's hockey team chief coach Craig Fulton has expressed his satisfaction with the talent on display at the National Championship, highlighting the team's depth, especially in goalkeeping.
Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.
Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.
Film folk visited the Maha Kumbh Mela and take special blessings.
The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
From the Sensex pack, NTPC, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, Nestle, Larsen & Toubro, Tata Motors, ICICI Bank, Power Grid and Zomato were among the gainers. However, Infosys, Tata Steel, Mahindra & Mahindra, Titan and Bajaj Finserv were among the laggards.
When Punjab Kings opted to bat, they were 39 for 1 in just 3.2 overs before they fell like nine pins and at the thick of all the action was Ramandeep Singh.
