News for 'Lower House'

Parl protest melee: Cong claims Kharge pushed, Rahul manhandled

Parl protest melee: Cong claims Kharge pushed, Rahul manhandled

Rediff.com19 Dec 2024

The Congress said BJP MPs had sticks in their hands and Kharge was threatened and pushed.

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.

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

Batla House encounter: MC Sharma's wife may challenge HC order in SC

Batla House encounter: MC Sharma's wife may challenge HC order in SC

Rediff.com12 Oct 2023

Earlier in the day, the high court upheld a trial court order convicting Khan of the murder of the slain inspector but refused to confirm the capital punishment.

Modi concerned at 'attempts' to justify Parliament breach

Modi concerned at 'attempts' to justify Parliament breach

Rediff.com19 Dec 2023

Congress leader Rahul Gandhi had recently blamed unemployment and price rise for the Parliament breach on December 13, when two protesters jumped into the lower house chamber and opened smoke cans.

What Is A Gift Deed?

What Is A Gift Deed?

Rediff.com13 Mar 2025

All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...

Owaisi raises 'Jai.....!' slogan at LS oath-taking, expunged

Owaisi raises 'Jai.....!' slogan at LS oath-taking, expunged

Rediff.com25 Jun 2024

After taking oath, he hailed his state Telangana, Bhimrao Ambedkar, apart from raising the AIMIM's slogan for Muslim, along with the West Asian country.

Most brokerages lift targets for UltraTech Cement

Most brokerages lift targets for UltraTech Cement

Rediff.com26 Jan 2025

Although UltraTech Cement's results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations. The company's profit attributable to the owners of the parent dropped 17.4 per cent year-on-year (Y-o-Y) to Rs 1,469.5 crore in Q3FY25 as against Rs 1,777 crore in Q3FY24.

Maha reports 1st suspected GBS death, number of cases rises to 110

Maha reports 1st suspected GBS death, number of cases rises to 110

Rediff.com28 Jan 2025

A man suspected to have contracted Guillain-Barre syndrome (GBS) has died in Maharashtra's Solapur district, while the number of cases of the immunological nerve disorder in Pune rose to 110, health officials said on Monday.

'Trump's Trade War's Main Target Is China'

'Trump's Trade War's Main Target Is China'

Rediff.com21 Apr 2025

'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'

Atiq Ahmad among former MPs mourned by Lok Sabha

Atiq Ahmad among former MPs mourned by Lok Sabha

Rediff.com20 Jul 2023

Immediately after the House met, Lok Sabha Speaker Om Birla paid tributes to sitting MPs Rattan Lal Kataria and Balubhau alias Suresh Narayan Dhanorkar. He also said that 11 former members passed away in the last few months and read out their names.

Housing inventory overhang lowest in 5 years on the back of robust sales

Housing inventory overhang lowest in 5 years on the back of robust sales

Rediff.com11 Apr 2023

The housing inventory overhang in the top seven cities in India stood at a five-year low of 20 months at the end of the January-March quarter, data from real estate consultancy Anarock showed on Monday. It was the highest at 55 months in the quarter ending December 2020. The inventory overhang is the amount of time it would take to sell the current housing listings in an area. A lower overhang denotes higher demand in a particular area.

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.

Mahua Moitra's expulsion plea not maintainable: LS secretariat to SC

Mahua Moitra's expulsion plea not maintainable: LS secretariat to SC

Rediff.com12 Mar 2024

It referred to Article 105 of the Constitution which deals with powers, privileges etc, of the Houses of Parliament and of the members and committees thereof.

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.

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.

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.

'Supreme Court Must Clarify Justice Chandrachud's Places Of Worship Remark'

'Supreme Court Must Clarify Justice Chandrachud's Places Of Worship Remark'

Rediff.com18 Feb 2025

'It was a disaster on his part to give an oral remark which allowed ascertainment of the religious character of places of worship.' 'This disrupted the social harmony of the country.'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

Rediff.com14 Mar 2025

This is the story of a man who fought racism and casteism throughout his life to become a professor of Bharata Natyam at the premier centre for performing arts in India, the Kerala Kalamandalam.

Will Budget Help BJP Bag Delhi?

Will Budget Help BJP Bag Delhi?

Rediff.com4 Feb 2025

Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?

Tharoor remains Thiruvananthapuram's favourite with 4th win

Tharoor remains Thiruvananthapuram's favourite with 4th win

Rediff.com4 Jun 2024

Ever since, he has remained Thiruvananthapuram preferred MP, winning four elections on the trot, including the closely fought battle with Bharatiya Janata Party's Rajeev Chandrasekhar in 2024. This could well be his swansong from the capital segment.

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.

MFs seek greater leeway for proposed new asset class

MFs seek greater leeway for proposed new asset class

Rediff.com18 Aug 2024

The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.

'We Want Justice, Not Money'

'We Want Justice, Not Money'

Rediff.com23 Jan 2025

'Sanjay Roy is not alone.' 'If he's kept alive, maybe we will know what happened.' 'Why was he in the chest medicine department that night when he never went there earlier?' 'Nobody will parade in front of a CCTV camera and then go and murder someone.' 'There are several people who are involved in this heinous crime. They have to be identified and punished.'

Shadow bank risks persist despite RBI relief

Shadow bank risks persist despite RBI relief

Rediff.com18 Mar 2025

Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.

How To Avoid Back Pain While Riding Your Bike

How To Avoid Back Pain While Riding Your Bike

Rediff.com26 Feb 2025

Riding a bike daily for long distances can put stress on your back so maintaining proper posture is essential, says rediffGURU Dr Shakeeb Ahmed Khan.

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.

'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.

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.'

How Many Indian Students Overstayed in US?

How Many Indian Students Overstayed in US?

Rediff.com30 Jan 2025

'Brazil, China, Colombia and India each had more than 2,000 of their citizens overstaying student/exchange visas, with India having the highest number (7,000).'

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.

New Tax Rates: Who Saves How Much

New Tax Rates: Who Saves How Much

Rediff.com1 Feb 2025

Curious? Find out how much you will save...

From bricks to stocks: Indian family houses take leap with new-found wealth

From bricks to stocks: Indian family houses take leap with new-found wealth

Rediff.com25 Jun 2024

Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.

Dhankar terms coaching centre culture as gas chamber

Dhankar terms coaching centre culture as gas chamber

Rediff.com29 Jul 2024

He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

Rediff.com24 Feb 2025

'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'

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'.

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.

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.

Election 2024: Decoding The Swing Factor

Election 2024: Decoding The Swing Factor

Rediff.com25 Apr 2024

There are states that could swing either way and change the results of the 2024 general election.

Arming Armed Forces: India's Choice Not Trump's

Arming Armed Forces: India's Choice Not Trump's

Rediff.com17 Mar 2025

We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).