Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
Uttarakhand will become the first state in independent India to implement the Uniform Civil Code (UCC) on January 27. The UCC will bring about uniformity in the society and ensure equal rights and responsibilities for all citizens. The law was passed by the state assembly in February 2024 and received presidential assent a month later. The UCC will govern and regulate laws relating to marriage and divorce, succession, live-in relationships and related matters. It sets equal marriageable age for men and women, grounds of divorce and procedures across all religions, and bans polygamy and 'halala'.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.
German luxury carmaker Mercedes-Benz on Friday said it will hike prices of its vehicles in India by up to 3 per cent on its entire model range in the portfolio from January 1, 2025, citing a rise in input costs, inflationary pressures and higher operational expenses. Prices of Mercedes-Benz cars in India will be revised by Rs 2 lakh for the GLC to Rs 9 lakh for the top-end Mercedes-Maybach S 680 luxury limousine, Mercedes-Benz India said in a statement.
'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'
In terms of success rate, the PSLV rocket has an enviable record of 57 successful missions out of 58 commercial ones.
Eden Gardens will host the first game of the five match T20I series between India and England on Wednesday.
Aditya Mhatre shares some practical and actionable tips to save money and focus on what matters most when you are studying abroad
Sukanya Verma quizzes you to find out just how much you know about the movies.
Sanju Samson influenced former IPL champions Rajasthan Royals' decision to opt for the maximum six retentions, head coach Rahul Dravid said on Monday.
Workplaces of 2025 will be defined by a deep focus on people-first values, inclusivity, and sustainable growth, foresees Sonica Aron, founder of Marching Sheep.
Dubbed as a prelude to ISRO setting up its own Space Station by 2035, the PSLV-C60 mission would also make India join an elite club in achieving this feat which is expected to take place in the coming days.
Magnus Carlsen on Monday criticised senior FIDE officials, including its deputy president Viswanathan Anand, for mishandling the dress code violation issue
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.
The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.
Specialised investment fund (SIF), a new asset class, will have the same expense structure as that of mutual funds (MFs), according to rules notified by the Securities and Exchange Board of India (Sebi). SIF, which was first proposed by Sebi in July 2024, aims to fill the gap between MFs and portfolio management services (PMS), and it looks at informed investors, who are willing to take riskier bets.
Sanju Samson will feel hard done by after being left out and so will Mohammed Siraj.
The need for a manufacturing policy, reining in food inflation and raising investment in the country were among key suggestions given by economists who met Finance Minister Nirmala Sitharaman and senior ministry officials in the first round of pre-Budget consultations on Friday.
Shameem Akthar, yogacharya trained with the Sivananda Yoga Vedanta Center, gives you five poses to improve your flexibility.
The IPL has been postponed indefinitely and there is a possibility that it might be held in September when the domestic season is also underway. So far, no other cricketing activity has happened in India at the time of IPL.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.
Amid mounting inflationary pressures, escalating material costs, and rising operational expenses, luxury carmakers Mercedes-Benz India and BMW India have announced price increases of up to 3 per cent on their entire model ranges effective from January 1, 2025. Mercedes-Benz India will revise ex-showroom prices by Rs 2 lakh to Rs 9 lakh, depending on the model. This adjustment will impact vehicles such as the GLC SUV and the high-end Mercedes-Maybach S 680 limousine.
After a disappointing showing in the Test series in Australia recently, the Indian team is eager to make a fresh start in the T20 format.
Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.
Fitness expert Hemant Dhingra tells you how to work your muscles, tone your body and get in shape for the New Year.
'Your relationship with your child is changing every single day, ditto your relationship with your parents.'
'For the past number of weeks, you and I have found ourselves at odds about the best path forward for Canada'
The Indian government has come out with a nice name for its tried and tested 220MW pressurised heavy water reactor -- Bharat Small Reactor.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
Here's how to own your dream home without paying excessive interest on your EMIs.
New Zealand opener Devon Conway has opted for a casual rather than central contract for the upcoming 2024-2025 season.
Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.
The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
New supply of office space across seven major cities fell 4 per cent annually in the July-September quarter to 12.8 million square feet while gross leasing of prime workspace rose 17 per cent, according to Vestian. In its report released on Wednesday, real estate consultant Vestian said the fresh supply of office space in Hyderabad declined 25 per cent in the July-September quarter to 4.10 million square feet.
Punjab Kings head coach Ricky Ponting rated Shyreas Iyer as the ideal choice to lead the team in IPL 2025.
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