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.
Archie Comics has released a new story featuring the celebration of Holi in India. The 10-page story, titled "Celebration Surprise," appears in "The World of Betty & Veronica digest #38." Co-CEO of Archie Comic Publications Nancy Silberkleit said the story was inspired by her own experiences celebrating Holi in India and her desire to celebrate Om Arora, the owner of Delhi-based Variety Book Depot, who has been a long-time distributor of Archie Comics in India.
Delhi Capitals young batting sensation Jake Fraser-McGurk says if he was able to handle the nerves on his IPL debut, the credit goes to coach Ricky Ponting, who advised him to time the ball instead of swinging his bat wildly.
'A man with a gun commanded respect. I thought if I also got a gun, I could save my family. With this thought, I went to Pakistan and got training there'
'It was a lot of hard work. We had to clear our minds and make sure that we believed.'
Standing near the noose, he recited a couplet in which he said he wished nothing but to sacrifice his life for the motherland. Utkarsh Mishra remembers Ram Prasad Bismil on the revolutionary leader's 128th birth anniversary.
Images from Day 2 of the second Test between India and New Zealand at the Maharashtra Cricket Association Stadium in Pune on Friday.
'I've worked really hard on my white-ball game the last year or so. (A) big shout out to Abhishek Nayar. We've spent hours together talking about my white-ball game and how I can be better.'
'As they assaulted me, they kept shouting, "So, you rascal, you speak against officers? Against ministers?" -- and each accusation was accompanied by more blows. 'Seeing that I could not get up, they began stamping on me with their feet and continued until they were exhausted.' Pinarayi Vijayan -- now Kerala's chief minister -- was imprisoned during the Emergency. This is his account of what the police torture he suffered in jail. A revealing excerpt from Goa Governor P S Sreedharan Pillai's Democracy Enchained, Nation Disgraced: Dark Days Of India's Emergency. The first of a series to mark 50 years of the Emergency.
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
Former Indian Prime Minister Manmohan Singh passed away on Thursday night at the age of 92. He was brought to the emergency department of AIIMS Delhi in critical condition after "sudden loss of consciousness."
The BJP has lauded the extradition of Tahawwur Rana, a key accused in the 26/11 Mumbai terror attack, as a testament to "New India's" zero-tolerance stance against terrorism under Prime Minister Narendra Modi. However, the Congress has countered the claim, stating that the extradition was the result of diplomatic efforts initiated during the UPA government's tenure. The BJP highlighted Rana's return as a tribute to security personnel who lost their lives fighting Pakistan-sponsored terrorism and a step towards justice for victims of the attack. The Congress, however, asserted that the Modi government did not initiate the extradition process but benefited from the UPA's groundwork. The exchange of accusations has added a political dimension to Rana's extradition, with both parties vying for credit for the development.
If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.
We had to evacuate 25,000 people without pressing panic button: IPL chairman Dhumal
Congress leader Adhir Ranjan Chowdhury on Tuesday sought to give credit to his party for the women's reservation bill but Home Minister Amit Shah refuted his claim, saying that the legislation brought by the Manmohan Singh government had lapsed following the dissolution of the 15th Lok Sabha.
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'Once I got my first wicket, that built up my confidence. Fortunately, I was able to take six wickets.'
Apart from his hard work and patience, Rahul credited his success to Abhishek Nayar, the former Indian cricketer and the Indian team's batting coach.
While managing rising EMIs can be challenging, the right strategy can help individuals can ease their financial burden, says rediffGURU and financial planning expert, Colonel Sanjeev Govila (retd).
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
While most borrowers calculate the gain they stand to make from switching to a lower interest rate, they often fail to take into account all the costs.
Salman Khan's Sikandar may not be the spectacle one hoped it would be. Many decades ago, Sohrab Modi made the historical extravaganza Sikandar that continues to inspire audiences today.
At this point it is still anyone's game, with a draw also an option, says Prem Panicker in his analysis of Day 4.
'I am not a greedy film person, even as an actor.' 'While my contemporaries Dharmendra and Shashi Kapoor acted in nearly 300 films each, I've done hardly 35 films in my entire career.'
When you are defending to save a game, a loose delivery comes along and you suddenly opt to play an attacking shot, you are unlikely to hit as well as if you were playing your naturally aggressive game all along. First Pant, then Jaiswal, found that out the costly way, observes Prem Panicker.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
15-year-old Indian amateur golfer Kartik Singh made history by becoming the youngest player from the subcontinent to make the cut in an Asian Tour event at the International Series India.
'My family are the mainstream audience and think I am wasting my time. Until I make a Rs 100 crore film, they won't be convinced.'
'...there was a time there where it could have been 250 or 270 (run lead) or maybe even less there for a bit.'
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The 2003 BSF operation that eliminated terrorist Gazi Baba in Jammu and Kashmir, the subject of an upcoming action film, "Ground Zero," crippled the Jaish-e-Mohammed. The mission, which earned the BSF a dozen gallantry awards, is being portrayed in the film releasing on April 25. The operation, described in the BSF's 50th anniversary book, involved a daring raid on a house in Srinagar where Gazi Baba was hiding. The BSF faced heavy gunfire and grenades, with officers sustaining injuries and one constable, Balbir Singh, being killed while protecting his superior officer, Narendra Nath Dhar Dubey. Dubey, who led the operation, received the Kirti Chakra, India's third highest peacetime gallantry award.
'When you give credit to only one person for a tournament victory, how will the other 14 players feel?'
Before applying for a home loan, make sure you have not been delinquent in the past six months at least.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
'PM Modi would have swept the elections in Kashmir after notebandi but then he scrapped Article 370 so all his good work went down the drain.'
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
Varun Chakravarthy now holds the best figures by an Indian bowler on Champions Trophy debut. His five wicket haul in just his second ODI is the earliest by an Indian in 50 overs cricket.
The batters' constant failure in making runs in the first innings is costing the team dear, admitted bowling coach Morne Morkel even as India are in danger of losing the first Test series at home since 2012-13.
IMAGES from the Day 1 of the third Test played between India and New Zealand at the Wankhede Stadium in Mumbai on Friday