Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.
State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive said.
In 2025-26, the government allocated Rs 6,81,210 crore for defence budget.
The Congress, NCP (SP), and Shiv Sena (UBT) have announced a state-level coordination committee to prepare for upcoming local body elections. The MVA clarified that no proposal has been received regarding an alliance with the MNS.
To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.
ICC rejects BCB request, Bangladesh matches to be played in India as schedule
The Telangana government plans to name a road after Ratan Tata. Other roads may be named after Google, Microsoft and Wipro.
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.
'The focus will be on showing the real-world impact of AI in improving the lives of citizens and how it has helped in ensuring democratic access to technology for everyone.'
Assam has become the first state in India to directly venture into oil production, following the discovery of hydrocarbons at the Namrup-Borhat block.
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.
A bill to repeal the MGNREGA and introduce a new rural employment law, the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), has been circulated among Lok Sabha members.
Maharashtra Chief Minister Devendra Fadnavis criticized Uddhav and Raj Thackeray, stating the Mumbai civic body election is a fight for their political survival. He also defended development projects and economic growth under the current government.
India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.
The winter session of Parliament is set to begin with the government prioritizing its reforms agenda, including a bill to open the civil nuclear sector to private players. The opposition is expected to raise concerns about electoral roll revisions and air pollution.
'It interferes in administrative matters of institutions, robbing them of their independence in day-to-day affairs and appointments.'
Opposition members strongly opposed the proposed legislation at the introduction stage and pressed for sending the bill to a parliamentary panel for greater scrutiny. The MPs, including Priyanka Gandhi of the Congress, strongly objected to the "removal" of Mahatma Gandhi's name.
The ambitious proposal by the power ministry to allow network sharing between distribution licensees operating in the same geographical area will face three key challenges, said a former bureaucrat.
The Army is also looking at strengthening the existing Pinaka regiments and had recently placed orders for buying the area denial ammunition for these rocket regiments.
The defence ministry is likely to take up the proposal by the Indian Air Force for approval at a defence acquisition council meeting planned to be held on October 23, sources said.
While the new income tax law replaces the Income Tax Act, 1961 and omits 13 offences, 35 actions and omissions continue to attract criminal liability under 13 provisions.
The announcement comes a day after the state government proposed renaming a prominent stretch of road, running alongside the US consulate general, in Hyderabad as Donald Trump Avenue.
United States President Donald Trump said on Tuesday that his special envoy Steve Witkoff would be visiting Moscow next week to meet Russian President Vladimir Putin, with Trump's son-in-law Jared Kushner might going with Witkoff too.
Let her know that you are in a happy marriage and you are not comfortable with her behaviour, advises rediffGURU Ravi Mittal.
Astrologer Chirag Daruwalla, who is following in the footsteps of his famed astrologer father, the late Bejan Daruwalla, helps you navigate the Naya Saal.
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.
13 clubs have confirmed for truncated ISL, AIFF hoping for Odisha FC to join: sources
The woman told the three accused that she had a boyfriend and was "happy with him" and would not "cheat him".
'Losing a house is a terrible feeling... We were not given enough time to shift our belongings.'
India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.
Israel's security cabinet on Friday approved a plan from Israel's Prime Minister Benjamin Netanyahu to occupy Gaza City, The Times of Israel reported, quoting the Prime Minister's Office.
Suspended Trinamool Congress MLA Humayun Kabir asserts he will be a 'kingmaker' after the 2026 West Bengal assembly elections, claiming no government can be formed without his support. He plans to announce a new political party on December 22 and contest in 135 seats.
Investors have put money in Ambuja Cements shares as the cement major has moved to consolidate its operations. The Adani Group company has proposed to merge its subsidiaries ACC and Orient Cement into the parent entity.
The Bombay High Court criticized the Brihanmumbai Municipal Corporation (BMC) for its lack of action in addressing air pollution in Mumbai, questioning the approval of numerous large construction projects and urging preventive measures.
The official, speaking as US Army Secretary Dan Driscoll held talks with Russian representatives in Abu Dhabi, said, "The Ukrainians have agreed to the peace deal. There are some minor details to be sorted out but they have agreed to a peace deal."
In its annual report to Congress on Tuesday on 'Military and Security Developments Involving the People's Republic of China 2025', the US Department of War said the People's Liberation Army (PLA) is actively considering and planning for additional military facilities.
Indian-descent democratic socialist Zohran Mamdani has been sworn in as the Mayor of New York City, marking a new era for the city with a focus on affordability and working-class New Yorkers.
Violence erupted during an anti-encroachment drive near the Faiz-e-Elahi mosque in Delhi's Ramlila Maidan area early Wednesday, with some people pelting stones at police personnel, leaving five of them injured.
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