Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
'Delhi's streets were not alleys but an artist's canvas,' the eminent poet Mir Taqi Mir noted more than 150 years ago. Syed Firdaus Ashraf savours the sights and cuisine of the national capital.
The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto). In Q-commerce, Flipkart, Amazon, Reliance and Big Basket are all entering the space. All of them have deep pockets, hence competitive intensity will rise going forward.
Debt mutual fund (MF) schemes are set to register the best calendar year (CY) performance in the last four years despite no changes in the interest rate. An analysis of one-year performance of debt funds show that many of the schemes are set to deliver double-digit returns in CY 2024.
The purpose for which AI should be used cannot be left to AI developers, asserts Vice Admiral Biswajit Dasgupta (retd).
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
'Inflation is not good for industry. Nor for the economy as a whole.'
'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 critical event signalling a new era for India was Dr Singh's 1991 Budget in which he quoted Victor Hugo to say that no power on earth could stop an idea whose time has come,' recalls T N Ninan.
'We have to be prepared for the larger disruption that is likely to take place.'
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
A state government that came to power after swearing to protect all people without discrimination refused to help a non-Christian organisation till the high court rapped it on its knuckles, observes former BJP MP Tarun Vijay, former Chief Editor, Panchjanya, the RSS weekly.
Travel is about making memories, experiencing the unknown, and engaging in new experiences -- not worrying about fluctuating exchange rates or hidden expenditures. With a little planning and a proactive approach to handling your foreign exchange, you can reduce financial stress and enjoy your trip, suggests Pavan Kavad.
The Reserve Bank on Wednesday retained the retail inflation projection at 4.5 per cent for fiscal 2024-25, with Governor Shaktikanta Das stressing that the central bank will have to closely monitor the price situation and keep the "inflation horse" under tight leash lest it may bolt again. Unveiling the October bi-monthly monetary policy, the Governor also said the flexible inflation targeting (FIT) framework has completed 8 years since its introduction in 2016 and is a major structural reform of the 21st century in India.
rediffGURU Dr Karthiyayini offers expert advice on how you can manage your overall health and fitness.
rediffGURU Shreya Shah answers diet and nutrition related questions.
Paneer can be had Indian-style with Chinese sauces and turn out delicious.
Fibromyalgia is a chronic condition that is typically characterised by widespread tenderness and pain throughout the body. It is usually accompanied by fatigue, sleep and mood disturbance, says rediffGURU Nidhi Gupta.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
Vikramaditya Motwane and Satyanshu Singh have created an excellent but grim series, applauds Deepa Gahlot.
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.
How did Bollywood's power couples celebrate NYE? We take a look.
From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the biggest gainers. JSW Steel and Infosys were the laggards.
From specialised senior-friendly tours to redesigned hotel amenities, hotels are becoming increasingly attuned to the unique requirements of elderly travellers.
As much as one would have liked a glimpse into the lady's culinary excellence, Tarla acquires its endearing character in Huma Qureshi and Sharib Hashmi's harmonious display of doting husband and wife, observes Sukanya Verma.
If you are overweight, you will gradually complain of excruciating knee and joint pain while walking, running, squatting, sitting down and taking the stairs, warns Dr Anup Khatri.
'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'
In the monsoon, avoid heavy, greasy foods like pakodas that are deep fried as these take longer to digest, thus straining your gut.
What some of our politicians were up to on Friday, October 18, 2024.
Disrupting your body's natural circadian rhythm through long-term night shifts could elevate the risk of breast cancer, warns Dr Karishma Kirti.
Glimpses from the La Tomatina festival in Bunol, near Valencia, Spain,
The golden rule is to change your toothbrush when it starts to 'flower', says rediffGURU Shyam Jamalabad.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
Wash your scalp only two to three times a week to protect its natural oils, advises Dr Rupika Singh, founder, Akiya Aesthetics.
Normal blood sugar levels typically should be less than 100 mg/dL. Average blood sugar before meals should be 70-130 mg/dL. Your blood sugar levels after one to two hours after a meal should be less than 180 mg/dL.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
A woman was shot at by her sister-in-law's brother following a heated argument over sharing pizzas in northeast Delhi.
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
'The present generation, either due to historical amnesia or political propaganda, has been fed a narrative that paints India as an adversary rather than an ally.'
Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities.
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