News for 'Lower House'

Multiple triggers ahead for affordable housing finance companies

Multiple triggers ahead for affordable housing finance companies

Rediff.com26 Jul 2024

Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).

'This Is Orographic Rainfall'

'This Is Orographic Rainfall'

Rediff.com28 Aug 2025

'Due to orographic rainfall, localised areas are experiencing intense downpours.' 'In a very heavy downpour, the burst of water has to find its way and therefore whatever comes in its path gets washed away.'

'Pakistan Can't Afford To Annoy America'

'Pakistan Can't Afford To Annoy America'

Rediff.com11 Aug 2025

'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'

Govt to bring 'one nation, one poll' bills in Lok Sabha on Monday

Govt to bring 'one nation, one poll' bills in Lok Sabha on Monday

Rediff.com14 Dec 2024

The government has listed two bills related to 'one nation, one election' for introduction in the Lok Sabha on Monday.

Will Japan Instability Derail India Ties?

Will Japan Instability Derail India Ties?

Rediff.com8 Nov 2024

There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.

Republicans win majority in US Senate after 4 years

Republicans win majority in US Senate after 4 years

Rediff.com6 Nov 2024

According to the current projections, Republicans have won 51 seats in the 100-member upper house of US Congress, while the Democrats have 42.

India's Oil Reforms Aim To Counter US, EU Pressure

India's Oil Reforms Aim To Counter US, EU Pressure

Rediff.com28 Aug 2025

The government has no say in where the country's refiners source oil from because these are commercial transactions.

How Monsoon 2025 Turned Into A Nightmare

How Monsoon 2025 Turned Into A Nightmare

Rediff.com15 Sep 2025

IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.

2 more MPs suspended from House, total 143 so far

2 more MPs suspended from House, total 143 so far

Rediff.com21 Dec 2023

This takes the number of suspended MPs in the Lok Sabha to 97.

How US toughened trade terms with India

How US toughened trade terms with India

Rediff.com7 Aug 2025

From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

Now, Trump threatens India with 'secondary sanctions'

Now, Trump threatens India with 'secondary sanctions'

Rediff.com7 Aug 2025

United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.

Why Trump Is A Man In A Hurry

Why Trump Is A Man In A Hurry

Rediff.com31 Jul 2025

Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.

Rahul's disqualification as MP revoked, attends House

Rahul's disqualification as MP revoked, attends House

Rediff.com7 Aug 2023

Following the restoration of his membership, the Congress said it would like him to be a key speaker in the debate on no-confidence motion likely to be taken up in Lok Sabha on Tuesday.

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

Debt MFs Vs FDs

Debt MFs Vs FDs

Rediff.com24 Jul 2025

Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Rediff.com26 Aug 2025

The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.

A New Way To Retire Gracefully

A New Way To Retire Gracefully

Rediff.com3 Sep 2025

This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Will secure, advance national interest: Goyal on Trump tariffs

Will secure, advance national interest: Goyal on Trump tariffs

Rediff.com31 Jul 2025

Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.

What You Need To Know About New I-T Bill

What You Need To Know About New I-T Bill

Rediff.com26 Aug 2025

'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'

Diplomatic front against terror: Russia, Japan, UAE pledge support to India

Diplomatic front against terror: Russia, Japan, UAE pledge support to India

Rediff.com24 May 2025

India has secured international support in its fight against terrorism, with Russia, Japan, and the United Arab Emirates expressing solidarity and a commitment to working together to combat the threat. This follows a recent terrorist attack in Pahalgam, India, which claimed 26 lives. Multi-party parliamentary delegations from India briefed the leaderships of these countries on Operation Sindoor, India's response to the attack, and discussed ways to enhance cooperation in counter-terrorism and combating radicalism. These developments highlight the growing global consensus against terrorism and the importance of international collaboration to address this shared challenge.

Correct Bogus I-T Deductions Today!

Correct Bogus I-T Deductions Today!

Rediff.com30 Jul 2025

One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com19 Aug 2025

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.

Weight-Loss Drug Battle Intensifies

Weight-Loss Drug Battle Intensifies

Rediff.com22 Jul 2025

'Willingness to try new drugs for obesity management have propelled the growth of this market, which today is almost five times what it was five years ago.'

'Israel Uses Starvation As A Weapon In Gaza'

'Israel Uses Starvation As A Weapon In Gaza'

Rediff.com9 Sep 2025

'The ruling elite are supporting those attacking the people of Gaza.' 'As a nation we should not cooperate with the oppressor regime that is allowing mass starvation as a weapon of war.'

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Rediff.com2 Aug 2025

'This is not just about Modi saying it, every Indian should say this -- if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people'

Trump Is Winning Tariff War Hands Down

Trump Is Winning Tariff War Hands Down

Rediff.com18 Aug 2025

Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.

Budget 2024: Real estate sector bats for revival of affordable housing

Budget 2024: Real estate sector bats for revival of affordable housing

Rediff.com29 Jun 2024

The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.

Debt funds now look to accruals as interest rate cut cycle peaks

Debt funds now look to accruals as interest rate cut cycle peaks

Rediff.com17 Jun 2025

With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains.

Study US: Money-Saving Tips for Students

Study US: Money-Saving Tips for Students

Rediff.com24 Jul 2025

Gaurav Batra, founder and CEO Infinite Group, suggests smart tips to help you reduce living and transportation costs while studying in the US.

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Rediff.com3 Apr 2025

Congress Parliamentary Party chairperson Sonia Gandhi has criticized the Waqf (Amendment) Bill, calling it a 'brazen assault' on the Constitution and part of the BJP's strategy to keep society in a 'permanent state of polarization.' She also spoke out against the One Nation, One Election Bill, calling it a 'subversion of the Constitution.' Gandhi further accused the Modi government of ignoring the women's reservation bill and other demands for reservation, and of 'dragging the country into an abyss' where the Constitution will only exist on paper. She also criticized the government for limiting the speaking time of the Leader of the Opposition in Parliament and for not allowing discussions on important issues like the working of the defense and external affairs ministries and the challenges posed by China on the border.

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

Rediff.com31 Jul 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.

Will New Sports Bill Be A Game Changer?

Will New Sports Bill Be A Game Changer?

Rediff.com12 Aug 2025

Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.

Real estate developers build a steady quarter even as demand woes bite

Real estate developers build a steady quarter even as demand woes bite

Rediff.com13 Jun 2025

India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.

The Rise Of Eco-Luxury Homes

The Rise Of Eco-Luxury Homes

Rediff.com16 Jul 2025

Glass facades and air-conditioned enclaves are giving way to spaces that breathe -- homes that reflect a deeper connection to nature, heritage, and well-being.

Why I Will Be Going Back To Vietnam

Why I Will Be Going Back To Vietnam

Rediff.com4 Aug 2025

Vietnam was wonderful and the people warm and hospitable, Radhika Mittal discovered over a 11-day stay.

Filing ITR? Avoid These Errors

Filing ITR? Avoid These Errors

Rediff.com7 Jul 2025

Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.

4 killed in fire at five-storey building in Delhi's Rohini

4 killed in fire at five-storey building in Delhi's Rohini

Rediff.com25 Jun 2025

Four people died and three got injured in a fire that broke out at a five-storey building housing multiple manufacturing units in Rithala area of Delhi's Rohini, the police said on Wednesday.

Mira Nair's son Zohran wins Democratic primary for NYC mayor

Mira Nair's son Zohran wins Democratic primary for NYC mayor

Rediff.com25 Jun 2025

Indian-origin lawmaker Zohran Kwame Mamdani stunned in the Democratic primary race for New York City mayor, upsetting former governor Andrew Cuomo.