News for 'Lower House'

We have 18 members in LS: Sena 'chief leader' Shinde

We have 18 members in LS: Sena 'chief leader' Shinde

Rediff.com19 Jul 2022

Shinde is in the national capital to review on Tuesday the legal strategy on the disqualification petition against 16 MLAs supporting him filed by the Uddhav Thackeray camp.

'Dharavi will be a piece of art and I will ensure it'

'Dharavi will be a piece of art and I will ensure it'

Rediff.com10 Jan 2024

'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'

'Maun vrat on Manipur': Cong asks 3 questions to Modi

'Maun vrat on Manipur': Cong asks 3 questions to Modi

Rediff.com8 Aug 2023

As the lower house took up the motion moved by Gogoi, there were heated exchanges between the opposition and treasury benches after Parliamentary Affairs Minister Pralhad Joshi wondered why Rahul Gandhi's name as lead speaker was withdrawn at the last minute.

Ravneet Singh Bittu to be leader of Cong in LS

Ravneet Singh Bittu to be leader of Cong in LS

Rediff.com11 Mar 2021

The change was made as the Congress's leader in Lok Sabha Adhir Ranjan Chowdhury would be busy in West Bengal assembly elections which is starting on March 27. Chowdhury is also the Congress' West Bengal unit president.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

Are Plug-In Hybrid Cars The Future?

Are Plug-In Hybrid Cars The Future?

Rediff.com15 May 2024

Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.

Top MFs paid 10-18% higher commissions to distributors

Top MFs paid 10-18% higher commissions to distributors

Rediff.com19 Jul 2023

The top three mutual funds (MFs) paid out 10-18 per cent higher commissions to distributors during the financial year 2022-23 (FY23) compared to FY22 as a sustained rise in flows from the systematic investment plan (SIP) route boosted distributors' share in the assets under management (AUM), according to an analysis of the disclosures by the top three fund houses. State Bank of India (SBI) MF saw its commission payout go up 18 per cent year-on-year (YoY) to Rs 1,675 crore. The payouts rose 10 per cent and 15 per cent for ICICI Prudential MF and HDFC MF, respectively.

'Affectionate gesture': Sena MP defends Rahul over 'flying kiss'

'Affectionate gesture': Sena MP defends Rahul over 'flying kiss'

Rediff.com10 Aug 2023

She further said that Rahul Gandhi's words were not driven by animosity, despite his disqualification and subsequent legal victory.

Cong planning to shift winning Rajasthan candidates to Bengaluru: BJP

Cong planning to shift winning Rajasthan candidates to Bengaluru: BJP

Rediff.com1 Dec 2023

Bharatiya Janata Party's Rajya Sabha MP and candidate from Sawai Madhopur Kirodi Lal Meena Friday said two Bengaluru resorts have been booked for winning candidates of the Congress to camp there after the results of the Rajasthan Assembly polls are announced.

Speaker Birla anguished, day after Moitra's jibe at chair

Speaker Birla anguished, day after Moitra's jibe at chair

Rediff.com4 Feb 2022

Birla did not name Moitra and urged members not to cast aspersions on the chair as it amounted to disrespect of the House.

RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs

RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs

Rediff.com29 Nov 2023

Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.

Naturals Ice Cream: Amazing Start-Up Story

Naturals Ice Cream: Amazing Start-Up Story

Rediff.com18 May 2024

When its founder, Raghunandan Kamath, took a calculated risk, his Bollywood customers backed him all the way, say Rohith Potti and Pooja Bhula.

'Can I Earn Rs 1L P.M. From FDs, Bonds, PPF, EPF?'

'Can I Earn Rs 1L P.M. From FDs, Bonds, PPF, EPF?'

Rediff.com29 Apr 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Maha declares 'Dahi Handi' as official sport, Govindas to get jobs

Maha declares 'Dahi Handi' as official sport, Govindas to get jobs

Rediff.com18 Aug 2022

In case of unfortunate death of a participant during the formation of human pyramids, his/her kin would get Rs 10 lakh as compensation from the state government. A player suffering serious injuries would receive Rs 7 lakh, while one with fractures would be paid Rs 5 lakh, he said.

'Absolutely nothing' to do with political situation: Pak Army

'Absolutely nothing' to do with political situation: Pak Army

Rediff.com3 Apr 2022

Military spokesman Major General Babar Iftikhar made the remarks while speaking to a private TV channel in the wake of rejection of a no-confidence motion and subsequent dissolution of the National Assembly (NA) by President Arif Alvi on advice of Prime Minister Imran Khan.

Higher oil prices threaten India Inc's profit margins

Higher oil prices threaten India Inc's profit margins

Rediff.com4 Oct 2023

The recent surge in crude oil prices could shave off the gains made by India Inc in profit margins in the past few quarters. Worse, it comes at a time when consumer demand in the country is slipping and major global economies are witnessing a slowdown. A back-of-the-envelope calculation suggests that the margin expansion accounted for three-fourths of the rise in the listed firms' operating profit between the April-June quarter (Q1) of FY23 and Q1FY24, and only a quarter of profits gains came from revenue growth.

Housing sales in Q1 may rise 93% Y-o-Y

Housing sales in Q1 may rise 93% Y-o-Y

Rediff.com23 Jun 2021

Housing sales are estimated to rise 93 per cent year-on-year during April-June across seven major cities, but may fall 58 per cent compared to the previous quarter due to the adverse impact of the second wave of COVID-19, according to property consultant Anarock. Sales are likely to be around 24,570 units across seven major cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune, Anarock said. Sales of residential properties stood at 12,740 units in April-June 2020 and 58,290 units in March quarter 2021.

Amar Singh Chamkila Review: WAH!!

Amar Singh Chamkila Review: WAH!!

Rediff.com12 Apr 2024

Diljit Dosanjh's switch in singing style as he smoothly assumes Chamkila's vocal persona highlights the brilliance of his artistry, observes Sukanya Verma.

'Will BJP Abolish Reservations?'

'Will BJP Abolish Reservations?'

Rediff.com14 May 2024

'In Western UP, last time a lot of Dalits voted for the BJP.' 'This time, there is a rethink among Dalits about the extent of their support for the BJP.'

Manipur: 'BJP is refusing to relent'

Manipur: 'BJP is refusing to relent'

Rediff.com28 Aug 2023

'After having changed chief ministers in Uttarakhand, Tripura, why are they not doing it in Manipur?'

It's back to the drawing board for payment banks

It's back to the drawing board for payment banks

Rediff.com15 Mar 2024

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.

Modi, LS Speaker Om Birla to inaugurate new Parliament on Sunday

Modi, LS Speaker Om Birla to inaugurate new Parliament on Sunday

Rediff.com23 May 2023

According to sources, several opposition leaders are also considering boycotting the inaugural function on Sunday, alleging that the government has insulted the President.

Watch LIVE! All the action from Parliament

Watch LIVE! All the action from Parliament

Rediff.com12 Jul 2019

Watch all the debates and discussions in Parliament

Carlyle deal: SAT allows PNB Housing Fin to hold EGM

Carlyle deal: SAT allows PNB Housing Fin to hold EGM

Rediff.com21 Jun 2021

Setting aside Sebi's direction, the Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the shareholders' meeting on Tuesday to consider the proposed Rs 4,000 crore-investment by private equity firm Carlyle and others in the mortgage firm. However, results of the shareholders' voting will not be disclosed till further directions from the tribunal. The ruling comes hours after PNB Housing Finance informed stock exchanges that it has appealed against Sebi's direction on June 18 wherein it was asked to defer consideration of the proposed capital infusion proposal till a valuation of the company's shares is done by a registered independent valuer.

BSE at odds with NSE over 'high' clearing and settlement charges

BSE at odds with NSE over 'high' clearing and settlement charges

Rediff.com16 Feb 2024

Rising outgo towards clearing and settlement fees has led to an altercation between the BSE and the National Stock Exchange of India (NSE), with the latter striking down the former's request to lower the charges. NSE said it has no plans to restructure the same and that it will continue with the pricing defined under the interoperability framework. The interoperability framework, introduced in 2019, allows trades executed on any of the exchanges to be settled or cleared at either of the two clearing corporations -- NSE Clearing (NCL) or Indian Clearing Corporation (ICCL), fully-owned by the NSE and the BSE, respectively.

Buying a house? How to avail benefits

Buying a house? How to avail benefits

Rediff.com10 Jul 2019

Capital gains exemption benefits are available under Section 54 and 54F of the Income Tax Act. Individuals, however, need to be aware of the conditions attached to these provisions, suggests Archit Gupta, founder and CEO, ClearTax.

'Any tax liability for women earning 6L via stocks?'

'Any tax liability for women earning 6L via stocks?'

Rediff.com27 Feb 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries

Housing sales to fall 47% in 2020 across 7 top cities

Housing sales to fall 47% in 2020 across 7 top cities

Rediff.com21 Dec 2020

Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 1.38 lakh units this year on lower demand because of the COVID-19 pandemic, according to property consultant Anarock. New housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai and Kolkata.

Indian football hits new low with shock loss to Afghanistan

Indian football hits new low with shock loss to Afghanistan

Rediff.com27 Mar 2024

India suffered one of its most embarrassing defeat in recent years despite Sunil Chhetri's 94th international goal in his 150th match.

BJP will win over 300 LS seats in 2024, says Amit Shah

BJP will win over 300 LS seats in 2024, says Amit Shah

Rediff.com11 Apr 2023

Union Home Minister Amit Shah on Tuesday asserted that the Bharatiya Janata Party will win more than 300 Lok Sabha seats across the country in next year's general elections and return to power for the third consecutive term with Prime Minister Narendra Modi at the helm.

Maharashtra passes 10% quota bill for Marathas, leaves OBCs untouched

Maharashtra passes 10% quota bill for Marathas, leaves OBCs untouched

Rediff.com20 Feb 2024

A substantial number of castes and groups are already placed in the reserved category, getting about 52 per cent of reservations altogether. It would be completely inequitable to place the Maratha community in the Other Backward Class (OBC) category, it said.

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