'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'
Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as "by the people, for the people, of the people", and said Prime Minister Narendra Modi was fully behind the idea to cut taxes for the middle class but it took time to convince the bureaucrats. "We have heard the voice of the middle class" who had been complaining about their aspirations not being met despite being honest taxpayers, she told PTI in an interview.
A few, acting like his followers, cheered him into the stadium while calling out, "Modi, Modi, welcome Modi."
In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.
The Kerala unit of the Congress instantly gets a headache when Shashi Tharoor lets loose one of his observations showering flowers on enemy territory. With every such action triggering controversy within a nervous Congress party, some feel it is high time Tharoor showed a degree of solidarity with the ideals of his party, notes Shyam G Menon.
Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets.
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.
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.
What is pushing students to take this extreme step?
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
Jaspal Singh, one of 104 Indians deported from the US on Wednesday, claims he and other deportees were handcuffed and had their legs chained during the flight. Singh, who hails from Punjab, says he was captured by US Border Patrol after crossing the border illegally in January. He blames a travel agent for deceiving him, claiming he was promised a legal route to the US. The deportation comes ahead of Prime Minister Narendra Modi's visit to Washington for talks with President Donald Trump.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Crypto currency platform WazirX, a cyber-attack on July 19 this year in which nearly 40 lakh Indians have suffered a loss of to a tune of $230 million or Rs 19.12 billion, has moved the Singapore high court seeking a moratorium in any legal action against it and for legal protection.
The agency made the disclosure in a chargesheet filed by it on May 10 against former Telangana chief minister and Bharat Rashtra Samithi leader K Chandrashekar Rao's MLC daughter K Kavitha and four others.
'Maharashtra is virtually in a debt trap.'
Travelling from South India to Kashmir in December was magical for Ganesh Nadar as he feasted his eyes on the beauty of the snow-capped Himalayas.
Seeking to allay fears that existing Waqf properties will be subject to scrutiny after the amended Waqf law comes into force, a parliamentary panel on Tuesday recommended that no cases will be reopened against such properties on a retrospective basis, provided the asset is not in dispute or belongs to the government.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
'It is our duty to keep space sustainable and free of debris.'
Around 7.4 per cent of Indians aged 60 and above are affected by dementia. This number is expected to rise from the current 8.8 million to 17 million by 2036, marking a 97 per cent increase.
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
Allu Arjun arrived Hyderabad's Chikkadpally police station on Tuesday to appear for questioning in connection with the tragic incident that occurred during the premiere of his movie Pushpa 2 on December 4.
'He didn't implement good policies for good politics.' 'He never worked on comprehensive policy-making.' 'In Kejriwal's own constituency youths are jobless.'
The index could be vulnerable to a bigger fall given the present market dynamics.
'Let Fadnavisji prove to the people of Maharashtra that he acts fairly against one and all.'
A ruling Shiv Sena leader has predicted a "major political earthquake" in Maharashtra on January 23, the birth anniversary of Shiv Sena founder late Bal Thackeray, claiming that 10 to 15 MLAs from the opposition Congress and the Shiv Sena (UBT) will switch sides and join the party led by Deputy Chief Minister Eknath Shinde. The prediction comes amidst reports of discontent within the ruling coalition in the state.
The ED on Monday had raided a 2BHK flat in Ranchi that is allegedly occupied by Lal's domestic help Jehangir, as part of a money laundering investigation into alleged irregularities in the state rural development department, they said.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'
'These beach shacks were meant to protect the employment of local Goans who in turn would showcase Goan cuisine and culture on the beaches of Goa.'
rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.
Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.
'The vast majority of BJP supporters in Tamil Nadu can't speak any language other than Tamil.' 'When rural Tamil Nadu can't speak any other language than Tamil, how are they going to convince them that they have to learn Hindi?'
Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.
The process of refrigerating the rice overnight starch that is resistant to digestion and therefore it will not spike blood glucose levels.
A 11th-grade student in Gorakhpur, India, has confessed to killing his mother after initially claiming she died from an accidental fall. The teen admitted to pushing his mother during an argument, resulting in a fatal head injury. The revelation came after a detailed investigation by police, who found inconsistencies in the boy's initial story and discovered evidence of a struggle. The boy is now in police custody.
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