The development comes after the Supreme Court decided to strike down the recent 27 percent reservation in favour of OBCs in local bodies made by Maharashtra and Madhya Pradesh governments.
The Supreme Court on Wednesday directed the Maharashtra government to submit data on Other Backward Classes to the State Backward Classes Commission to examine its correctness and make recommendations on their representation in elections for the local bodies.
The Supreme Court Tuesday asked an overseas citizen of India student seeking parity with Indian citizens on the fees charged by IIT, "why don't you opt for Indian citizenship and serve this country?"
Steel companies are witnessing margin pressures in Q2FY25 and this may persist until China sees growth recovery.
On seeing them, Gandhi got off his vehicle, walked up to them and shook hands with several people in the crowd.
The employees' unions said that squarely blaming the driver, who is not alive to defend himself, amounts to making him a scapegoat for the systematic shortcomings of the Railways.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
The only occasion when the BJP had 100 seats in the Upper House was in 2022.
'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'
An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.
Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.
Britannia Industries reported revenue growth of 4 per cent year-on-year (Y-o-Y) in Q1FY25 and volume growth of 8 per cent implying price trends were adverse. Other operating income jumped 195 per cent, due to the incentive received for the Ranjangaon plant. The non-biscuit portfolio (rusk, cake, bread) remained key to growth and contributed 25 per cent of the total revenue.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
The draft guidelines have drawn flak from several quarters.
The male-female turnout gap was wide in Bihar and Jharkhand. While in Bihar, the male turnout was 52.42 percent, the female turnout was 61.58 percent.
Sinha made the remark amid the ongoing protest by migrant Kashmiri Pandit employees and Jammu-based reserved category employees who left the Valley for Jammu in May following the targeted killings of their two colleagues -- Rahul Bhat and Rajni Bhalla. The protesting employees have been seeking relocation outside Kashmir.
Passenger vehicle wholesales crossed the 10-lakh mark for the first time ever in the June quarter riding on the back of robust demand for utility vehicles, industry body SIAM said on Friday. Total dispatches of passenger vehicles in the first quarter stood at 10,26,006 units, up 3 per cent as compared with 996,565 units in April-June FY24. Utility vehicle sales rose 18 per cent to 645,794 units in the first quarter as against 547,194 units in the year-ago period.
There was such a rush that more counters were opened outside the GPO building, under the open sky, he added.
The proportion of postal votes polled in the general elections has gradually risen since 2009.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
The Constitution (124th Amendment) Bill on providing 10 per cent reservation in jobs and education to the general category poor was passed by Parliament on January 9.
The insurance regulator's move to prod insurance companies to sell health products to all age groups, including those above 65, is aimed at increasing penetration though there would be challenges on pricing due to higher risk perception, experts said. While there was no regulatory cap on age for health insurance policies, most companies had an internal policy which did not allow them to sell health insurance products to persons over 65.
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
Ranaut, who had said she feared Mumbai Police after the death of actor Sushant Singh Rajput and likened the Maharashtra capital to Pakistan occupied Kashmir, thanked Union Home Minister Amit Shah and declared that no one could crush a patriot.
Six weather stations across Delhi recorded over 100 mm of rain in a single day, the India meteorological department (IMD) said on Thursday, categorising it as an "extremely intense spell".
The Supreme Court on Thursday held that the minimum eligibility percentage for admission in central universities for OBC category should be at most 10 per cent less than that of general category students.
'...or go to jail.' 'The government is getting them silenced.'
Investors keen on mid and smallcap stocks but wary of volatility should consider multicap equity schemes over standalone midcap or smallcap schemes.
'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.
However, the Polycab share price is up by nearly 80 per cent while Havells' has risen by 39 per cent. The Sensex has gained 26 per cent in this period. The Q1FY25 results were in line for both companies.
'From a risk-return perspective, large-cap funds may generate lower-than-historical average returns in 2024, whereas mid-, and small-cap funds hardly have any upside left.'
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.
The new quota will also be implemented in admissions and jobs which were advertised before January 14 but for which the actual process has not started, it said.
'In Western UP, last time a lot of Dalits voted for the BJP.' 'This time, there is a rethink among Dalits about the extent of their support for the BJP.'
