Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Mumbai -- home to industry titans and Bollywood stars -- is witnessing a slow offtake of houses priced between Rs 10 crore and Rs 50 crore. Industry insiders and real estate watchers explain why.
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.
Inflows into equity mutual fund (MF) schemes declined for a fourth consecutive month in April, even as systematic investment plan (SIP) inflows reached a record high of about Rs 26,632 crore.
One fact is irrefutable: Nepal's recent political history tells us that the route to a return of monarchy cannot go through India despite friends in high places, asserts Aditi Phadnis.
Ghanashyampur Primary School in Dhulian, Murshidabad district, West Bengal, reopened on Wednesday after a six-day closure due to violence in the area. The school had been shut since Friday noon after violence erupted on April 11 during a protest against the passage of the Waqf (Amendment) Act in Parliament. Several houses and properties were ransacked and set ablaze by a mob, leading to fear and disruption in the locality. While some guardians are still hesitant to send their children to school, teachers are optimistic that attendance will increase in the coming days.
The session will conclude on July 3.
Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.
The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.
This is for the first time that two members of the influential Pawar family are fighting an election against each other. This is Sunetra Pawar's first Lok Sabha election.
Opposition parties in India, led by the Congress, have demanded a detailed discussion in Parliament on alleged discrepancies in voter lists. Rahul Gandhi raised the issue in the Lok Sabha, highlighting concerns about the integrity of the electoral process. The opposition alleges large-scale duplication of EPIC numbers, which they claim undermines voter integrity and the electoral process. They have also pointed out instances of inflated voter lists in states like Maharashtra and Haryana. The Election Commission has acknowledged discrepancies but maintains that these are not widespread and that corrective measures are being taken. The opposition, however, insists on a comprehensive discussion on the matter to ensure the integrity of elections in India.
Two days after being sworn in as Maharashtra Chief Minister, Devendra Fadnavis on Saturday took oath as an MLA along with deputy CMs Eknath Shinde and Ajit Pawar, while the opposition Maha Vikas Aghadi boycotted the ceremony alleging EVM misuse.
B Sumeeth Reddy, a member of the 2022 Commonwealth Games mixed team silver medal-winning squad, has announced his retirement as an active badminton player to focus entirely on coaching.
Parliamentary proceedings were disrupted for the third consecutive day in the Winter Session as opposition parties continued their protests over the Adani issue and violence in Manipur and Sambhal. Both the Lok Sabha and the Rajya Sabha were adjourned within minutes of convening, despite appeals from the Chair to engage in productive dialogue and refrain from disruption. The opposition members raised slogans demanding action against the perpetrators of violence in Sambhal, and sought discussions on allegations of irregularities against the Adani Group and the violence in Manipur.
A woman and her lover killed her husband in Uttar Pradesh, India, chopped his body in two, stuffed it in a suitcase, and dumped it in a field. This gruesome murder comes after a series of similar incidents in the state, including a case where a woman and her lover killed her husband and attempted to pass it off as a snakebite.
By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.
The parliamentary committee scrutinizing the Waqf (Amendment) Bill has been granted an extension until the last day of the next Budget Session. This decision follows a heated meeting marked by a walkout from opposition members who expressed concerns about the committee's draft report. The committee will visit several states to meet stakeholders and finalize its report.
Lok Sabha proceedings were on Friday adjourned for the day amid protests by opposition members over Bharatiya Janata Party's attempts to link the Congress party to United States-based billionaire investor George Soros.
'For the first time in this country, perhaps the first time anywhere, we are going to use backwardness index.' 'It is a fundamental shift in the discourse in the country's social justice.'
'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.
From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.
The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.
Reddy alleged that contracts worth thousands of crores were awarded to people close to Modi, who then purchased Rafale aircraft.
On Tuesday, Leader of Opposition Rahul Gandhi accused BJP MP Anurag Thakur of "abusing and insulting" him during the Lok Sabha discussion on the Union Budget.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
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.
Fort Kochi's charm lies in its oldness. Put on that cap, lace up your sneakers and those 10,000 steps are easy-peasy!
India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Legal experts have lauded Chief Justice of India Sanjiv Khanna's decision to make public crucial documents related to a controversy surrounding the alleged discovery of cash from Delhi High Court judge Yashwant Varma's residence. They also welcomed the formation of an in-house committee to further investigate the matter. While some expressed concerns about the incident's impact on the judiciary's image, others emphasized the need for transparency and a fair inquiry. The Supreme Court released the inquiry report by Delhi High Court Chief Justice D K Upadhyaya, which included photos and videos of the alleged cash discovery. Justice Varma has denied the allegations, calling them a "conspiracy to frame and malign him."
Lok Sabha Speaker Om Birla on Wednesday read out a resolution condemning the imposition of Emergency and termed the decision by then prime minister Indira Gandhi an attack on the Constitution, triggering a wave of protests by the opposition in the House.
Congress leader Rahul Gandhi has been re-allotted the 12, Tughlaq Lane bungalow a day after his disqualification as Lok Sabha member was restored following a directive of the Supreme Court, officials said on Tuesday.
The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.
Housing sales in seven major cities rose 5 per cent annually to about 1.2 lakh units during the April-June period, while demand fell 8 per cent from the preceding quarter on surge in prices, according to Anarock. Real estate consultant Anarock, which is one of the leading housing brokerage firm, on Thursday released the data of housing market for the current April-June quarter. In April-June 2024, housing sales across seven major cities are estimated at 120,340 units, up 5 per cent from 115,090 units in the year-ago period.
The ruling National Democratic Alliance (NDA) is open to the idea of having a deputy speaker in the Lok Sabha, sources said on Thursday, stressing that a call on the matter will be taken later.
The Supreme Court on Tuesday took exception to the Allahabad high court's recent remarks in a rape case as reportedly saying the complainant "herself invited trouble", and wondered why it made such observations while deciding a bail plea.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
