West Bengal Chief Minister Mamata Banerjee has urged voters to cast their ballots in the upcoming assembly polls as a form of 'revenge' for the deletion of names from electoral rolls, alleging foul play and urging vigilance during the election process.
JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.
'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'
A Delhi court has granted bail to Sukesh Chandrasekhar in an ED case related to the AIADMK's 'two leaves' election symbol, citing his detention exceeding half the maximum sentence under the PMLA.
The 'Mahagathbandhan' alliance in Bihar is expected to finalize its seat-sharing arrangement and announce candidates along with a joint manifesto soon. Talks between RJD and Congress are ongoing, with potential meetings in Delhi. The Congress is aiming for a respectable number of seats and highlighting the desire for change in Bihar.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.
The Trinamool Congress (TMC) has released its manifesto for the West Bengal elections, focusing on welfare politics and women's empowerment with pledges to expand existing schemes, improve healthcare, and develop infrastructure.
'There is no retrospective changing of the law, only its simplification.'
We will roll out the scheme from January 1, says P Chidambaram.
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy 'bridges next, then electric power plants', points out Ambassador M K Bhadrakumar.
Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.
While this doesn't mean that air travel is now a breeze, what it does mean is that you now have more rights and more control over your money.
Haryana Chief Minister Nayab Singh Saini has refuted claims by the opposition regarding the cancellation of old-age pensions, calling them baseless and politically motivated. He assured that the government is verifying discrepancies to ensure only eligible beneficiaries receive pensions and highlighted the increase in pension amounts and the number of beneficiaries under the current regime.
Congress president Sonia Gandhi on Saturday strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA.
Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.
'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.
The story of Bihar's educational reform is a lesson for all reforms done halfway.
Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.
'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'
'...the electoral playing field is tilted significantly in its favour.'
Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.
The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.
'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'
State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.
Sitharaman also listed out various welfare schemes like affordable housing, direct benefit transfer and Ayushman Bharat.
'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'
Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.
Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.
Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN.
Rs 7,024 cr transferred under LPG cash subsidy scheme.
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.
'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'
'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'
Prime Minister Narendra Modi Thursday attacked West Bengal Chief Minister Mamata Banerjee for pursuing "appeasement and vote bank politics" which were responsible for infiltration.
'No one can ignore PK's prediction about Nitish Kumar's party.'
Maharashtra government to resume payments for most beneficiaries of the Ladki Bahin scheme after verification process found only a small percentage to be ineligible.
The Congress party has claimed credit for the extradition of Tahawwur Rana, an accused in the 2008 Mumbai terror attacks, from the US, saying the Modi government did not initiate the process and merely benefited from the "mature, consistent and strategic diplomacy" begun under the UPA. Former Home Minister P Chidambaram said the government did not secure any breakthrough to make the extradition possible, nor is it the result of any grandstanding. He added that it was a testament to what the Indian state can achieve when diplomacy, law enforcement and international cooperation are pursued sincerely and without any kind of chest-thumping. Chidambaram detailed the UPA government's efforts in securing Rana's extradition, citing the registration of a case against him in 2009, diplomatic pressure on Canada and the US, and continued efforts despite legal setbacks. He highlighted the role of the UPA in securing Rana's conviction for other terrorism-related offences and the cooperation between the US and Indian agencies in gathering evidence and securing his extradition. The Congress leader further stated that it was the UPA's groundwork that paved the way for Rana's extradition, even after the change in government in 2014.
