News for 'Lower House'

Trump Tariffs: How Must India Respond?

Trump Tariffs: How Must India Respond?

Rediff.com12 Mar 2025

India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.

Three things that could curb bank credit growth this year

Three things that could curb bank credit growth this year

Rediff.com8 Jan 2025

Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand. There are three reasons for this: a statistical high-base effect given the strong growth seen last financial year, revision in risk weights by the Reserve Bank of India (RBI), and relatively slower economic activity.

Report seeking Mahua's expulsion to be tabled in Parliament on Monday

Report seeking Mahua's expulsion to be tabled in Parliament on Monday

Rediff.com1 Dec 2023

According to the agenda papers circulated by the Lok Sabha Secretariat, Ethics Committee chairperson Vinod Kumar Sonkar will lay on the table of the House the panel's first report.

Trump backs 'great' H-1B visa programme amid opposition

Trump backs 'great' H-1B visa programme amid opposition

Rediff.com29 Dec 2024

In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.

'Can I Sell Shares To Pay Home Loan And Avoid Tax?'

'Can I Sell Shares To Pay Home Loan And Avoid Tax?'

Rediff.com23 Jan 2025

Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.

Budget sets a comprehensive blueprint for India's economic growth

Budget sets a comprehensive blueprint for India's economic growth

Rediff.com4 Feb 2025

Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.

Working hours to increase from 70 or 90 hrs per week? Govt says...

Working hours to increase from 70 or 90 hrs per week? Govt says...

Rediff.com3 Feb 2025

The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.

Parliament adjourned sine die a day before schedule

Parliament adjourned sine die a day before schedule

Rediff.com21 Dec 2023

Both Houses of Parliament were adjourned sine die on Thursday, a day ahead of the scheduled end of the Winter session, that saw a security breach in the lower house, suspension of over 140 MPs and the expulsion of Trinamool Congress leader Mahua Moitra.

'Jai Shri Ram, NEET-NEET': Slogans fly in Lok Sabha on Day 1

'Jai Shri Ram, NEET-NEET': Slogans fly in Lok Sabha on Day 1

Rediff.com24 Jun 2024

The Lok Sabha witnessed a display of linguistic diversity on Monday, with the newly-elected MPs taking their oaths in English and Indian languages, including Sanskrit, Hindi, Dogri, Bengali, Assamese and Odia.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

Maha's GBS toll rises to 4, case tally at 140; T'gana reports 1st case

Maha's GBS toll rises to 4, case tally at 140; T'gana reports 1st case

Rediff.com1 Feb 2025

A 36-year-old man diagnosed with Guillain-Barr Syndrome (GBS), a rare nerve disorder, died in a civic-run hospital in Pune, taking the number of suspected GBS fatalities to three in Maharashtra. The patient, a driver with a cab service, was admitted to the Yashwantrao Chavan Memorial Hospital (YCMH) in Pimpri Chinchwad on January 21. An expert committee at YCMH concluded that the cause of death was trauma to the respiratory system due to pneumonia, leading to severe difficulty in breathing. The committee also noted that the patient had been diagnosed with GBS, with a nerve conduction test done on January 22. The immediate cause of death was identified as severe acute respiratory distress syndrome (ARDS). With the latest loss of life, the number of suspected GBS deaths in Maharashtra has reached three. According to health officials, the suspected cases of the rare nerve disorder have risen to 130 in the state. Most of the cases in the state are from Pune and surrounding areas, and these infections, including the latest case, are likely linked to contaminated water sources. Campylobacter jejuni, a bacteria found in contaminated food and water, is believed to be the reason for the outbreak.

Rajya Sabha Gears Up For Face-Off

Rajya Sabha Gears Up For Face-Off

Rediff.com12 Jun 2024

10 vacancies in the Upper House after Rajya Sabha members were elected to the Lok Sabha.

Party must identify those behind Haryana loss: Cong's Selja

Party must identify those behind Haryana loss: Cong's Selja

Rediff.com8 Oct 2024

A blame game began in the Congress on Tuesday as it failed in its bid to come back to power in Haryana after 10 years, with senior party leader Kumari Selja saying the party high command should assess all reasons that led to the disappointing result and identify the people responsible.

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

Rediff.com19 Feb 2025

India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."

Investing In ETFs: What You Must Know

Investing In ETFs: What You Must Know

Rediff.com6 Jan 2025

'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'

Birla's challenger's election was cancelled in 2009, restored by SC

Birla's challenger's election was cancelled in 2009, restored by SC

Rediff.com25 Jun 2024

Kodikunnil Suresh, the Opposition's pick for the Lok Sabha speaker who will go up against the Bharatiya Janata Party's Om Birla, is a Congress veteran, an eight-term MP and one whose election in 2009 was declared invalid by the Kerala high court before being restored by the Supreme Court.

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Rediff.com16 Jan 2025

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.

HC junks Mahua Moitra's plea for relief against defamatory content

HC junks Mahua Moitra's plea for relief against defamatory content

Rediff.com4 Mar 2024

The expelled Lok Sabha member from Krishnanagar in West Bengal, in her plea filed in October last year, sought permanent injunction against Dubey, Dehadrai, social media platforms X, search engine Google, YouTube and 15 media houses from making, publishing, circulating per se defamatory, ex facie false and malicious statements against her. She has also sought damages.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

MFs cast their lines for record Oct catch

MFs cast their lines for record Oct catch

Rediff.com11 Nov 2024

Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.

BJP talks to allies on Speaker's post, Opposition to force contest

BJP talks to allies on Speaker's post, Opposition to force contest

Rediff.com24 Jun 2024

The Bharatiya Janata Party has begun consultations with its allies on the ruling National Democratic Alliance's candidate for the Lok Sabha Speaker's post while the opposition Indian National Developmental Inclusive Alliance (INDIA) is considering its options and may force a contest to score political points, sources said on Monday, a day before the filing of nomination for the key position.

'We Are Always Watchful. We Will Be Nimble'

'We Are Always Watchful. We Will Be Nimble'

Rediff.com8 Feb 2025

'We will be very, very proactive in providing whatever liquidity requirements are needed.'

INDIA bloc leaders protest in Parl with Constitution copies in hands

INDIA bloc leaders protest in Parl with Constitution copies in hands

Rediff.com24 Jun 2024

Several opposition parties have claimed that the mandate of 2024 Lok Sabha elections was against the ruling haratiya Janata Party, even though it was able to form the government with support of other parties.

50:50 Chance Of An RBI Rate Cut

50:50 Chance Of An RBI Rate Cut

Rediff.com4 Feb 2025

'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.

'Overconfidence' hurt BJP's expectations in LS polls: Yogi

'Overconfidence' hurt BJP's expectations in LS polls: Yogi

Rediff.com15 Jul 2024

The opposition, which had earlier accepted defeat, is again jumping around today, the UP CM said.

Pro tem Speaker's post: Opposition to mount protest, govt hits back

Pro tem Speaker's post: Opposition to mount protest, govt hits back

Rediff.com22 Jun 2024

Opposition leaders nominated to the panel of chairpersons to assist the pro tem Speaker are considering not accepting the positions, a source said on Saturday.

Sensex tanks 836 points; Nifty ends at 24,199

Sensex tanks 836 points; Nifty ends at 24,199

Rediff.com7 Nov 2024

From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers. State Bank of India emerged as the only gainer from the pack.

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Rediff.com6 Dec 2024

Competition in the fast-growing quick commerce sector is heating up as Swiggy Instamart faces a tough challenge in narrowing the gap with Blinkit, which currently dominates the market. In the second quarter (Q2) of 2024-25 (FY25), Instamart's gross order value (GOV) rose by 42.1 per cent quarter-on-quarter (Q-o-Q) and 75.5 per cent year-on-year (Y-o-Y), reaching Rs 3,382 crore.

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

Rediff.com10 Dec 2024

SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.

Shinde seeks chief whip's post in Maha upper house held by Uddhav man

Shinde seeks chief whip's post in Maha upper house held by Uddhav man

Rediff.com28 Feb 2023

Maharashtra Chief Minister Eknath Shinde has written a letter to the state legislative council's deputy chairperson seeking that Viplove Bajoria be made the Shiv Sena's chief whip in the Upper House, a move apparently aimed at further cornering the faction led by former CM Uddhav Thackeray.

Should You Invest In Large Cap Funds Now?

Should You Invest In Large Cap Funds Now?

Rediff.com24 Jan 2025

Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.

What If China, America Make Up?

What If China, America Make Up?

Rediff.com13 Feb 2025

Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.

Mahua Moitra to be expelled today? Ethics report tabled in Parl

Mahua Moitra to be expelled today? Ethics report tabled in Parl

Rediff.com8 Dec 2023

Trinamool Congress members and some from the Congress trooped in the Well of the House raising slogans demanding a copy of the report.

HDFC Bank Q1 profit dips 6.5% sequentially on higher tax outgo, lower other income

HDFC Bank Q1 profit dips 6.5% sequentially on higher tax outgo, lower other income

Rediff.com20 Jul 2024

The country's largest private lender HDFC Bank on Saturday reported a 6.51 per cent decline in its consolidated net profit to Rs 16,474.85 crore in the April-June quarter compared to the previous January-March quarter. The city-headquartered lender, which merged its mortgage major parent HDFC into itself in July last year, had reported a net profit of Rs 17,622.38 crore in the March quarter. On a standalone basis, the net profit declined to Rs 16,174.75 crore in April-June 2024-25 from Rs 16,511.85 crore in January-March 2023-24.

Donald Trump is unstable: Kamala's unprecedented attack

Donald Trump is unstable: Kamala's unprecedented attack

Rediff.com1 Nov 2024

Former President Donald Trump is becoming increasingly unstable, obsessed with revenge and is out for unchecked power, Vice President Kamala Harris said on Friday in an unprecedented attack on her Republican rival ahead of next week's election.

Want To Invest In Banking Sector Funds?

Want To Invest In Banking Sector Funds?

Rediff.com29 Jan 2025

The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

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.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Oli govt recommends calling winter session of upper house on Jan 1

Oli govt recommends calling winter session of upper house on Jan 1

Rediff.com26 Dec 2020

Nepal plunged into a political crisis after President Bidya Devi Bhandari dissolved the House of Representatives and announced dates for mid-term elections at the recommendation of Prime Minister Oli on Sunday, sparking protests from a section of the ruling party and various opposition parties.

Realtors cheer Centre's LTCG tax decision

Realtors cheer Centre's LTCG tax decision

Rediff.com8 Aug 2024

The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.