Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Allegations of corruption against its leaders, constant bickering with the lieutenant governor over governance issues and a spirited campaign conducted by the Bharatiya Janata Party were enough to ensure a rout of the Aam Aadmi Party in the Delhi assembly polls, the results of which were declared on Saturday.
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.
Manipur Chief Minister N Biren Singh resigned on Sunday, following months of ethnic violence in the state. BJP leaders have begun closed-door meetings to decide the next course of action. The opposition welcomed Singh's resignation, while the BJP hopes the move will help restore peace in the region.
Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which had been in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
What India needs more than one simultaneous election is better governance both at the central and state level. Yes, we need reforms, but our priority should be to make elections less expensive, make it more democratic, do away with freebies which are actually bribes before elections, allow only those who are educated to contest, and bring in a bill to make it impossible for criminals to contest, advocates Ramesh Menon.
Trump also said that he has also used the H-1B visa programme.
The BJP coined a new word for AAP, 'Aapda (crisis)', which Modi repeated constantly during the election campaign to show how Delhi residents's lives had become miserable under AAP's 11-year rule.
In the letter which was posted on Twitter by Chief Minister Arvind Kejriwal, his former deputy said, 'It is very dangerous for the country if the prime minister is less educated.'
EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.
Sudha and Akshata Murthy's candid confessions about each other.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
The paper said that the taxation proposal needs to be accompanied by explicit redistributive policies to support the poor, lower castes, and middle classes.
As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
Nitin Desai, who has known Dr Singh from 1971, extends his 'deepest condolences to his wife Gurcharan Kaur and to his three talented daughters Upinder, the historian; Daman, the writer; and Amrit, the human rights activist.'
'Our education policy should ensure that India is transformed into a developed nation,' the President said while giving national awards to 282 teachers on the occasion of Teachers' Day.
'Putin will not be bound by any kind of deal he would sign with the US.'
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
The BJP's hyper-local campaign targeting the AAP's loyal base among the poor, along with Prime Minister Narendra Modi's depiction of Delhi's ruling party as "AAP-da" (disaster), proved decisive in the Delhi assembly elections. This victory marks the end of a 26-year drought for the BJP in the national capital. The BJP's campaign highlighted perceived failures in governance and corruption allegations against the AAP, while emphasizing its own welfare schemes. The party's focus on local issues resonated with voters, particularly the middle class and poor who were disenchanted with the AAP's performance. This win is a major setback for the AAP and the INDIA bloc, which has been on a losing streak after its strong performance in the Lok Sabha elections.
'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
"Nations need to recognise higher education as the engine of economic growth and prosperity," says Dr Susan Aldridge, president, University of Maryland University College, US, Aziz Haniffa reports
'Your activities are not in the interest of the nation. Being a public institution, TISS cannot permit or tolerate its students indulging in such activities which are anti-national and bring a bad name to the nation. Hence all such activities fall under the category of serious criminal offence'
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
Indians are the main beneficiaries of the H-1B visas, which bring in the best of the talent and brains from across the world. Highly skilled professionals from India walk away with the overwhelming number of H-1B visas - which is Congressional mandated 65,0000 every year and another 20,000 for those who received higher education from the US.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
The ministry and the Central Board of Secondary Education will hold consultations with school principals next month for conducting board exams twice a year, the sources said.
Sitharaman said the government will bring in a new national education policy to transform India's higher education system into one of the best in the world.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
Subramanyam's mother, who immigrated through Dulles Airport, watched her son being sworn-in on the Bhagavad Gita.
With such announcements grabbing the voters' attention, critical issues like pollution, especially the smog that chokes Delhi every winter, remain largely unaddressed. Many residents have raised concerns over the lack of concrete action plans to combat air pollution, which continues to pose a severe health risk to Delhiites.
Anandiben Patel said students should study ancient Indian texts to appreciate the unparalleled research and discoveries made by their ancestors.
Here is an explainer on the functioning of the seven-year-old body.
'Jairam Mahto's new party dented the NDA because he pulled a lot of the OBC vote.'
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