News for 'Economic Constitution of India'

Higher competitive pressures to cap DMart's margins in near term

Higher competitive pressures to cap DMart's margins in near term

Rediff.com13 May 2025

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.

Why Govt Is In No Hurry On Digital Competition Bill

Why Govt Is In No Hurry On Digital Competition Bill

Rediff.com17 Mar 2025

'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'

'U-turn' vs 'game changer': Caste census sparks war of words

'U-turn' vs 'game changer': Caste census sparks war of words

Rediff.com1 May 2025

Caste census politics took centre stage on Thursday with the Congress terming the government's decision as a 'diversionary tactic' and a move for headlines management and the Bharatiya Janata Party saying it has exposed the difference between the Centre's 'true intentions' and the 'empty sloganeering' of the opposition party.

On Ambedkar's birth anniversary, Telangana implements SC categorisation

On Ambedkar's birth anniversary, Telangana implements SC categorisation

Rediff.com15 Apr 2025

The Telangana government has become the first state in India to implement Scheduled Castes (SC) categorisation, dividing the 59 SC communities into three groups with varying reservation quotas. The decision was made after a commission headed by retired High Court judge Justice Shameem Akther recommended the categorisation. The implementation of SC categorisation in Telangana coincides with the birth anniversary of BR Ambedkar, architect of the Indian Constitution.

'Drones And Missiles Can't Deliver A Decisive Military Victory'

'Drones And Missiles Can't Deliver A Decisive Military Victory'

Rediff.com15 May 2025

'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'

Modi had intel 3 days before Pahalgam attack, but...: Kharge

Modi had intel 3 days before Pahalgam attack, but...: Kharge

Rediff.com6 May 2025

Kharge claimed that the Centre accepted "intelligence failure" in an all-party meeting and said it should be held accountable for "not reinforcing" security arrangements in Kashmir to protect people.

SC rejects plea to remove 'Socialist', 'Secular' from Preamble

SC rejects plea to remove 'Socialist', 'Secular' from Preamble

Rediff.com25 Nov 2024

The Supreme Court of India has dismissed petitions challenging the 1976 amendment to the Constitution that added the terms "socialist", "secular", and "integrity" to the Preamble. The court ruled that the inclusion of these terms, made through amendments, is valid and does not affect the original adoption of the Constitution in 1949.

'Pro-Mamata Sentiment Among Muslims Is A Reality'

'Pro-Mamata Sentiment Among Muslims Is A Reality'

Rediff.com21 Apr 2025

'Mamata needs to address the anger and resentment among various sections of the Hindu community because low-scale communal violence has always paid richer electoral dividends for the BJP.'

'Second Coming' For TN's Autonomy Panel, But...

'Second Coming' For TN's Autonomy Panel, But...

Rediff.com18 Apr 2025

Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.

Why The South Is Worried About Delimitation

Why The South Is Worried About Delimitation

Rediff.com28 Feb 2025

'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.

Gold Hits 1 Lakh: Hold, Buy or Sell?

Gold Hits 1 Lakh: Hold, Buy or Sell?

Rediff.com6 May 2025

'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'

Markets In Meltdown: What Should You Do?

Markets In Meltdown: What Should You Do?

Rediff.com8 Apr 2025

'Investors should continue with their SIPs, especially during market corrections.' 'For those looking to start new SIPs, beginning with large-cap funds is a prudent strategy, followed by flexi-cap and value-oriented approaches.'

IndusInd Bank Officials Face Insider Trading Probe

IndusInd Bank Officials Face Insider Trading Probe

Rediff.com28 Mar 2025

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com4 Apr 2025

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

Full text: President Murmu's R-Day eve address to the nation

Full text: President Murmu's R-Day eve address to the nation

Rediff.com25 Jan 2025

'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

'Our Sardar': Cong asserts claim on Patel's legacy

'Our Sardar': Cong asserts claim on Patel's legacy

Rediff.com8 Apr 2025

Congress president Mallikarjun Kharge accused the BJP-RSS of carrying out a "well-planned conspiracy" against national heroes and said that Sardar Vallabhbhai Patel's ideology was contrary to the RSS' ideas. He defended the relationship between Sardar Patel and Jawaharlal Nehru, saying they were "two sides of the same coin". He also criticized the BJP-RSS for their alleged attempts to appropriate the legacy of Mahatma Gandhi and Sardar Patel.

Why BJP Still Hasn't Named Nadda's Successor

Why BJP Still Hasn't Named Nadda's Successor

Rediff.com18 Apr 2025

The prolonged delay over electing J P Nadda's successor possibly stems from the RSS leadership wanting a person who is at least equidistant from the Sangh as well as the Modi/BJP edifice, observes BJP-RSS watcher Nilanjan Mukhopadhyay.

'Dr Singh wanted to be treated in India, not abroad'

'Dr Singh wanted to be treated in India, not abroad'

Rediff.com28 Dec 2024

"Dr Manmohan Singh, soon after becoming the prime minister, had himself carried a small table for us to have tea comfortably at his Safdarjung Lane residence instead of asking his house help," Dr Srinath Reddy, who was the chairperson of the PM's medical panel, recalled.

'Fillip For Protection Of Personal Property Rights'

'Fillip For Protection Of Personal Property Rights'

Rediff.com7 Nov 2024

'The ruling does not automatically mean that your house can be taken away, but suppose it blocks an expressway or a highway or such essential development, then it can be taken away as long as there is a law to support that action.'

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

'Not Time To Panic. It's Time To Buy'

'Not Time To Panic. It's Time To Buy'

Rediff.com9 Apr 2025

'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

130 Dalit households in Bengal fight for their right to worship

130 Dalit households in Bengal fight for their right to worship

Rediff.com9 Mar 2025

A group of around 130 Dalit families in West Bengal's Purba Bardhaman district have been facing discrimination for centuries, being denied access to a local temple. The families, belonging to the traditional community of cobblers and weavers, have been ostracized and face economic hardship due to this caste-based practice. Despite recent attempts by the administration to resolve the issue, the situation remains tense and the families are left with few options.

Trump's H-1B Policy Will Affect Desis

Trump's H-1B Policy Will Affect Desis

Rediff.com15 Jan 2025

Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.

1971 Census should be basis for delimitation: Stalin at all-party meet

1971 Census should be basis for delimitation: Stalin at all-party meet

Rediff.com5 Mar 2025

Moving a resolution, Stalin said that in the event of increase in the number of seats in Parliament, 1971 Census should be the basis for it. Also, the 1971 Census should be basis for delimitation of LS seats for 30 years from 2026, he asserted.

Rents Hit Two Decade High!!

Rents Hit Two Decade High!!

Rediff.com17 Jan 2025

The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.

Restaurants can't levy mandatory service charge on food bills: HC

Restaurants can't levy mandatory service charge on food bills: HC

Rediff.com29 Mar 2025

The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.

How Dr Singh Changed Finance Minister's Role

How Dr Singh Changed Finance Minister's Role

Rediff.com1 Feb 2025

'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.

Don't Blame Tax Rate For Market Volatility

Don't Blame Tax Rate For Market Volatility

Rediff.com7 Mar 2025

'Tax rate and stock markets are entirely two different things.'

'Without US, Saudis, UAE in loop, there will be no retaliation'

'Without US, Saudis, UAE in loop, there will be no retaliation'

Rediff.com24 Apr 2025

'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'

New CEC who played key role in Art 370 abrogation, Ram temple trust

New CEC who played key role in Art 370 abrogation, Ram temple trust

Rediff.com18 Feb 2025

Kumar, who played a key role in implementing decisions following the abrogation of Article 370 of the Constitution in Jammu and Kashmir during his stint in the Union home ministry, took charge as an election commissioner on March 15, 2024.

Gyanesh Kumar appointed as next CEC

Gyanesh Kumar appointed as next CEC

Rediff.com18 Feb 2025

Gyanesh Kumar, a 1988-batch Kerala Cadre IAS officer, has been appointed as the next Chief Election Commissioner (CEC) of India. Kumar, who was previously an Election Commissioner, will serve until January 26, 2029. His appointment comes amidst controversy as the Congress party demanded the government defer its decision until the Supreme Court concludes its hearing on a petition challenging the composition of the selection panel. Kumar's tenure will see him oversee several state assembly elections, including Bihar, Kerala, Puducherry, Tamil Nadu, and West Bengal.

Will Japan Instability Derail India Ties?

Will Japan Instability Derail India Ties?

Rediff.com8 Nov 2024

There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.

India Needs A National Security Strategy

India Needs A National Security Strategy

Rediff.com4 Oct 2024

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).

'An All-Out Budget For Middle Class'

'An All-Out Budget For Middle Class'

Rediff.com7 Feb 2025

'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'

Global Economic Crisis: What India Can Do

Global Economic Crisis: What India Can Do

Rediff.com27 Apr 2022

The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.

Former King Wants To Revive Nepal Monarchy, But..

Former King Wants To Revive Nepal Monarchy, But..

Rediff.com25 Mar 2025

One fact is irrefutable: Nepal's recent political history tells us that the route to a return of monarchy cannot go through India despite friends in high places, asserts Aditi Phadnis.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

With 7.1% Interest, Is PPF Still A Good Investment Option?

With 7.1% Interest, Is PPF Still A Good Investment Option?

Rediff.com17 Mar 2025

The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.