Majithia and his wife claimed that members of the Vigilance Bureau barged into their house in Green Avenue in Amritsar. They claimed that a similar raid was conducted at their residence in Chandigarh.
AI isn't a magic wand. It works best when combined with good systems, informed investors, and skilled advisors, says Amit Suri.
Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
The top 20 fund houses held 6.8 per cent of their portfolios in cash as of May 31, down from a record high of 7.2 per cent in April 2025.
People with modest incomes can also build a crore-worthy portfolio by investing small amounts consistently, says Ramalingam Kalirajan, and shows how the magic of compounding works.
Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.
The Bombay High Court has repeatedly flagged the 'copy-paste' culture in confessional and witness statements in chargesheets, calling it a 'dangerous' trend. This issue was highlighted again after the acquittal of the 2006 Mumbai train blasts accused, with the court noting similarities in their confessional statements.
Conservative investors seeking equity-like tax benefits with low risk may go for them.
The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri district collector Siddharth S Swain said.
While financial planning is good for you, the process which a planner can put you through is not so great, observes financial planner P V Subramanyam.
rediffGURU Dr Upneet Kaur counsels a newly married woman on how to manage a controlling partner.
Russian Foreign Minister Sergey Lavrov alleged that NATO is blatantly trying to lure India into anti-China intrigues.
Life Insurance Corporation of India's (LIC) annualised premium equivalent (APE) growth remained weak in the fourth quarter of the financial year 2024-25 (Q4FY25) and flat in FY25, but management expects growth to rebound in FY26. The focus remains on improving product mix by increasing share of non-participating or non-par products in the individual APE.
Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.
Eight persons were killed and five others rescued after several vehicles fell into a river following the collapse of a portion of a four-decade-old bridge in Gujarat's Vadodara district on Wednesday morning, police said.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Punjab Chief Minister Bhagwant Mann announced a Rs 5 lakh ex gratia from the Chief Minister's Relief Fund for the family of Sukhwinder Kaur. He expressed deep sorrow over Kaur's death.
Nissan is targeting annual domestic sales and exports of 100,000 units each by financial year 2026-27.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
India strongly rejected Pakistan's 'unwarranted aspersions' over United Nations processes and attempts to deflect attention from atrocities committed against children in the country and rampant cross-border terrorism, asserting that the world has not forgotten the Pahalgam attacks.
Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
Former Mumbai police commissioner A N Roy expressed shock over the Bombay High Court's acquittal of all 12 accused in the 7/11 train blasts case, defending the police investigation and expressing confidence in an appeal to the Supreme Court.
Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
These plans are suited for individuals and families with regular OPD needs -- those managing chronic illnesses and families with young children or elderly members.
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.
In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.
Deductions missed in Form 16 can still be claimed while filing ITR.
The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.
Valuations at current levels have historically corresponded single-digit returns.
The Directorate General of Civil Aviation (DGCA) has recommended giving financial autonomy to Air India Charters Ltd (AICL), the company which runs Air India Express, the low-cost brand of Air India operating in the international sector.
'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'
Sri Lanka Cricket (SLC) made it clear during the ACC council meeting in Bali last week that it was not willing to take the financial burden as it did not earn extra and was also not the official host of the tournament.
'We need to be very vigilant as we are passing through some fraught times.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
