Pakistan's on-field performances not affected by frequent changes in PCB, says acting chairman
'The moment a new election comes, new guarantees are announced.' 'The BJP is adept at diverting people's attention.'
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
Elections in Jammu and Kashmir can be held "anytime from now" as the work on updation of voters list is almost over, the Centre told the Supreme Court on Thursday but remained non-committal about setting a time-frame for restoration of statehood to the Union territory (UT).
Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
Sacked Rajasthan minister Rajendra Gudha had claimed that the red diary which he had secured from the residence of Congress leader Dharmendra Rathore during an income tax raid in July 2020 on the directions of the chief minister had details of Gehlot's financial transactions.
Both India and Australia will not play a warm-up game ahead of the final beginning at the Oval from June 7.
Sukanya Verma quizzes you to find out just how much you know about the movies.
A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.
Finance Minister Nirmala Sitharaman on Tuesday announced cutting import duty on cut and polished diamonds and gemstones to 5 per cent while on sawn diamond to nil in order to boost the sector. At present, import duty on cut and polished diamonds as well as gemstones is 7.5 per cent. Presenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will facilitate export of jewellery through e-commerce for which it will implement a "simplified regulatory framework" by June this year.
Animal's violence isn't for the fainted-hearted unless you have an appetite for Korean style mayhem, like Sukanya Verma.
Reliance Industries (RIL's) annual report released on Sunday highlighted the company's focus on new energy solutions, with chairman and managing director (MD) Mukesh Ambani stating that the age of fossil fuels will not continue much longer. RIL has sought shareholders' approval to give Ambani another five-year term as MD till 2029 at nil salary. The recently demerged Jio Financial Services, which "will leverage the prowess of digital and retail businesses", was expected to be listed soon.
A complaint has been lodged with the Election Commission against Trinamool Congress Lok Sabha member Mahua Moitra for allegedly filing false election affidavits and tax evasion.
Images from the ICC World Cup match between India and the Netherlands, at the M Chinnaswamy stadium in Bengaluru, on Sunday.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). At the end of the first six months (H1) of CY23, 78 per cent of the active large-cap schemes were ahead of the Nifty50 index funds as against just 26 per cent in 2022. When compared to the Sensex index funds, 61 per cent active funds have delivered better returns, shows an analysis of Value Research data.
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
16-year old Praggnanandhaa halted his three-match losing streak to shock the higher-rated Vidit Gujrathi
The other five games, hard fought, were drawn. World No.1 Magnus Carlsen and Andrey Esipenko trail the leaders by half a point.
'There is no safe spot in Gaza.' 'Israeli airstrikes are targeting everything, everywhere.' 'Hospitals, mosques, churches, schools have been bombed. These are places where people were taking shelter.'
McGrath, who is known to make predictions ahead of the Ashes series, said it's going to be a great contest between Australia and England.
Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.
Gujrathi settled for a draw against Russia's Andrey Esipenko to stay in the lead with three points
The Russia-Ukraine conflict would have nil or negligible impact on India's foreign trade, and the crisis may give domestic exporters an opportunity to ship more wheat in the global markets, sources said on Thursday. India's central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs, they said. More than a quarter of the world's wheat export comes from Russia and Ukraine.
Nationalist Congress Party leader Ajit Pawar, who took oath as the deputy chief minister of Maharashtra, on Sunday said his party decided to become part of the Eknath Shinde government for the development of the country, and praised Prime Minister Narendra Modi's leadership.
A purported video of former Uttarakhand chief minister Tirath Singh Rawat saying no work could be done in the state without paying commission has surfaced online.
The catastrophe in Uttarakhand may have been unprecedented, but it is not as if the state government wasn't unaware of the looming threat. Government reports had warned of the unchecked dangers of urbanisation, and from power projects, notes Shishir Prashant.
Sukanya Verma challenges you to find out how much you know about Hindi films.
Indian Grandmaster Vidit Gujrathi prevailed over Russia's Daniil Dubov in the third round to become the sole leader with 2.5 points in the prestigious Tata Steel Masters chess tournament in Wijk Aan Zee, The Netherlands.
Erigaisi is currently in fifth place after eight rounds.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
Now that bank FD rates have gone up and most BAFs haven't delivered good returns, these investors are likely to be moving back to FDs, observed a senior MF distributor. The performance of BAFs in the past year has been mixed.
ONGC's January-March quarter results for the 2022-23 financial year (Q4FY23) indicated changes in the trends of the energy cycle as well as the impact of policy change in gas-pricing. The public sector oil and gas major reported standalone Ebitda (earnings before interest, tax, depreciation and amortisation) at Rs 16,340 crore, down 12 per cent year-on-year (YoY), and down 20 per cent quarter-on-quarter (QoQ). There was a net loss of Rs 250 crore due to exceptional items of Rs 9,240 crore for provisions related to the ongoing dispute regarding the applicability of service tax and goods and services tax on Royalty.
Swara Bhasker says Nil Battey Sannata changed her life!
With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnataka (563), Uttarakhand (560), and Maharashtra (444), according to the data.
There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction, a recent NPCI circular said. RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments. "During credit card on-boarding on the apps, the device binding and UPI PIN setting process shall include and be construed as customer consent for credit card enablement for all types of transactions," the circular dated October 4 said.
One of cricket's greatest players passed into the ages on Monday. Rediff.com salutes the legend.
In February, there was no gold import at all, while it stood at 21 tonnes in March 2008 and at 23 tonnes in February last year. Gold on Tuesday declined by Rs 50 to Rs 15,200 per 10 gram level in the spot markets from its previous day's close.
