rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
The Assam cabinet has decided to restrict the issuance of Aadhaar cards to individuals over 18 years of age, a move aimed at preventing illegal immigrants from acquiring the document. Chief Minister Himanta Biswa Sarma stated that exceptions would require district commissioner proposals and state government approval, with a complete ban for all communities over 18 set for April 1, 2027.
Trinamool Congress leader Sabyasachi Dutta, former Bidhannagar Municipal Corporation chairman, has been arrested in West Bengal on charges of extortion and criminal intimidation. The arrest stems from a 2018 complaint by a businessman alleging a demand of over Rs 1 crore. This development follows another recent high-profile arrest of a TMC leader, prompting a state minister to comment on a crackdown on corruption.
With features usually seen in more expensive cars and segment-first paddle shifters, the Tiago offers excellent value for money, says Rajesh Alva/Rediff.com.
The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.
Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.
Motorola Edge 70 Pro+ handset combines a striking quad-curved AMOLED display, a trio of 50 MP cameras, a 6,500 mAh battery, all wrapped in a stylish design aimed at power users and photography enthusiasts alike.
The All India Football Federation (AIFF) has agreed "in principle" to the club-led model of running the Indian Super League (ISL) for two years and has conveyed it to the sports minister, a top official said on Tuesday.
The BCCI has no plans to act as a bridge between overseas players and their respective teams over their availability for the IPL despite concerns being raised by franchises in the recently concluded edition.
India's men's Under-18 hockey team defeated hosts Japan 4-1 in the final to win the Asia Cup title, with Ashish Purti scoring a hat-trick. Captain Ketan Kushwaha also scored, while Hockey India announced cash awards for the gold-winning men's team and the bronze-winning women's U-18 team.
Four migrant workers from West Bengal were arrested in Perumbavoor, Kerala, with 34 kg of ganja as part of 'Operation Toofan'. The accused allegedly smuggled the contraband from Odisha and sold it in Kerala, making significant profits.
Karnataka is rolling out the first batch of 2,000 indigenously developed AI-ready KEO PCs, priced at Rs 18,999, to rural libraries and educational institutions. This initiative aims to extend artificial intelligence and digital literacy beyond urban centres, supporting students with AI skills, spoken English, and competitive exam preparation, even in areas with limited internet connectivity.
A senior Gujarat government official has been arrested by the Anti-Corruption Bureau (ACB) in a disproportionate assets case after searches revealed valuables worth over Rs 2.64 crore.
The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.
Students and families must stress test repayment capacity based on Indian salary standards.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
Kerala Police has issued a warning against the unauthorised recording and circulation of private visuals using mobile phone cameras, stating that such actions violate fundamental rights and are punishable under Section 66E of the Information Technology Act, 2000. The caution comes after public criticism of online media's conduct during a recent celebrity cremation.
Kerala Police has issued a warning against the unauthorised recording and circulation of private visuals using mobile phone cameras, stating that such actions violate fundamental rights and are punishable under Section 66E of the Information Technology Act, 2000. The caution comes after public criticism of online media's conduct during a recent celebrity cremation.
A CISF constable in Mumbai became a victim of cyber fraud when his mobile phone was allegedly hacked, leading to Rs 95,668 being siphoned from his bank account. Police have registered an FIR and are investigating the incident, which involved the phone resetting and apps deleting automatically before the unauthorised transaction.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.
Sashastra Seema Bal arrested a man near the Indo-Nepal border in Maharajganj district with over 327 kg of marijuana worth over Rs 20 crore.
The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
Discover the top fashion moments of May as Indian celebrities like Kriti Sanon, Hina Khan, Ananya Panday, and others serve up major style inspiration.
Jammu and Kashmir Police have registered 176 cases and arrested 202 individuals in the first 50 days of their anti-drug trafficking campaign. The operation has resulted in significant seizures of heroin, poppy straw, ganja, and opium, along with the freezing of assets and demolition of properties linked to drug-related activities.
Two individuals have been arrested in Navi Mumbai for allegedly smuggling Indian Made Foreign Liquor (IMFL) worth Rs 1.25 crore in a truck. The liquor was concealed under cement bags in a specially fabricated compartment.
A man in Thane has been booked for allegedly defrauding a woman and her associates of Rs 46 lakh by falsely promising them government jobs.
Law enforcement agencies in Mizoram conducted two significant anti-narcotics operations, resulting in the seizure of over 1.5 kilograms of heroin with an estimated street value exceeding Rs 3.3 crore. Five individuals were arrested in connection with these operations, which involved inter-state drug trafficking routes from Manipur and within Mizoram to Assam.
Jammu and Kashmir Police attached properties worth over Rs 1.46 crore and froze bank accounts of four alleged drug peddlers in Samba district under the NDPS Act.
A forest guard in Kishtwar district, Jammu and Kashmir, was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 15,000.
Delhi Police have arrested three thieves and three receivers of stolen property in connection with a jewellery shop burglary in Kotla Mubarakpur. Stolen gold, silver jewellery, cash, and other valuables worth over Rs 10 lakh have been recovered.
A drug smuggler was arrested in Rajasthan's Nagaur, and 512 grams of heroin worth over Rs 1 crore was seized from his possession during an anti-narcotics drive, police said on Tuesday.
Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.
Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
The Nationalist Citizens Party of India's campaign posters carry the message: 'To save your rights, reject political turncoats. Support social workers, not political personalities,' and urges voters to press the symbol of a pen nib.
A Delhi court has denied bail to Tehsin Raza, accused of conspiring in the alleged attempt to murder Delhi Chief Minister Rekha Gupta during a public meeting. The court cited the gravity of the offence, evidence of conspiracy, and the risk of the accused fleeing justice as reasons for the denial.
