rediffGURU T S Khurana answers readers' personal income tax queries.
West Bengal Chief Minister Mamata Banerjee on Monday pledged to protect the rights of 'eligible candidates' who lost their jobs after a recent Supreme Court verdict, evoking mixed responses from the affected teachers, thousands of whom turned up to hear the leader speak but remained dangling between hope and despair after she finished.
Inspired by the earnings of boat operators during the 2019 Ardh Kumbh, a boatman's family in Uttar Pradesh's Prayagraj took a bold entrepreneurial step during the recently concluded Mahakumbh Mela 2025, generating a staggering profit of Rs 30 crore.
RBI Governor Shaktikanta Das on Friday said the entry of big tech firms into the financial sector poses systemic concerns like overleveraging at the borrowers' ends.
'Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.'
At least 12 passengers were killed on Wednesday evening when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in North Maharashtra's Jalgaon district, officials said.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
The Lal Bahadur Shastri National Academy of Administration (LBSNAA) has issued guidelines to newly selected civil service candidates, advising them to be mindful of their social media posts, reject all forms of inducement, and maintain a high standard of conduct both inside and outside the academy.
'Expect India to keep doing well irrespective of geopolitics.'
'The behaviour, body language and attitude of a streetwalker were alien to me.'
One should avoid keeping excessive funds in one's savings account.
After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.
Industry players said the sharp sell-off in February forced many companies to put off their listing plans
A drunk SUV driver, identified as Usman Khan, a Congress leader, allegedly hit multiple pedestrians and vehicles in Jaipur, killing three people and leaving six others seriously injured. The incident occurred on a narrow city road in the Nahargarh area. Khan, who is the Congress' Jaipur district vice president, was driving recklessly and under the influence of alcohol, according to police. Following the incident, locals gathered at the Nahargarh police station and blocked roads to protest and demand compensation for the victims. The Congress has expelled Khan and expressed condolences to the families of the victims. The BJP criticized the Congress, alleging that the party is full of people with criminal tendencies.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
United States President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.
For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.
What does this mean for you? Ramalingam Kalirajan explains.
The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26).
rediffGURU T S Khurana answers readers' personal income tax queries.
'My advice: Don't mark your portfolio to market every day. Focus on survival.'
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 ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.
The secret to building Rs 5 crore corpus lies in one simple decision. But the longer you wait, the more it costs you -- not just in money but in missed opportunities, says Ramalingam Kalirajan
Automobile giant Tata Motors' shares were in demand on Wednesday as the stock rallied as much as 3.69 per cent to hit an intraday high of Rs 671.80 per share, before settling 3.18 per cent higher at Rs 668.45. By comparison, the BSE Sensex settled 0.10 per cent, or 72.56 points, lower at 74,029.76.
The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Gripped with fear as an investor following a 12 per cent market fall? Here's Radhika Gupta's advice to investors.
Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'
rediffGURU Anu Krishna counsels a married man struggling with his wife's anger issues.
'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'
