The net inflow in equity mutual funds plunged 76 per cent to Rs 2,258 crore in November over the preceding month amid a sharp up move in the stock market that made investors wary of higher valuation. This also marks the 21st straight month of inflows into equity schemes. Overall, the mutual fund industry registered net inflows of Rs 13,263 crore in November, slightly lower from Rs 14,045 crore seen in the previous month, data released by the Association of Mutual Funds in India (Amfi) showed on Friday.
Correa played a defining role in developing architecture of post-Independence India and has designed some of the most outstanding structures.
A bench headed by Chief Justice D Y Chandrachud took note of the submissions by lawyer Nizam Pasha, appearing for the women, that the CBI has asked them to come and depose before it during the day.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Australia beat Spain to enter World Cup last four for 12th time on the trot
On his 90th birth anniversary, Goa plans to celebrate Mario Miranda's life.
Almost 80 per cent of all income losses during the first wave of the pandemic in 2020 were incurred by the private sector in India, while in many other countries the entire loss was on respective governments, a report said on Wednesday. While the Centre had announced a Rs 21 lakh crore COVID-19 relief package, comprising 10 per cent of the GDP, the actual financial support was only about 2 per cent of GDP, as the rest was all credit-driven. "Almost four-fifths of all income losses during the pandemic in 2020 were incurred by the private sector in the country, while the government sector bore only about a fifth of the losses.
As Sachin Tendulkar completes his 50th birthday, an A-Z listing about the 'Little Master'.
'When you do some job for a few hours, you are hardly earning enough to survive.'
The condition of former India cricketer Vinod Kambli, who was admitted to Lilavati Hospital in Mumbai after suffering a heart attack last week, has improved and he will be discharged on Tuesday.
Professor Avkash Jadhav, head of the history department at St Xavier's College and trustee of the city-based KAASH Foundation, said a Special Investigation Team should be set up to inspect the site where trees were cut and ascertain the actual damage done.
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
They are small town boys who went on to make it big in global financial powerhouses.
India's services sector growth accelerated in April, as strong demand conditions resulted in the fastest increase in new business and output in close to 13 years, a monthly survey said on Wednesday. The pick-up in demand occurred in spite of escalating price pressures. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.8 in March to 62.0 in April, signalling the fastest expansion in output since mid 2010, amid a pick-up in new business growth and favourable market conditions.
The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year ago, mainly due poor performance of mining and manufacturing sectors. As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to decelerate to 1.6 per cent in the current fiscal from 9.9 per cent in 2021-22. Similarly, mining sector growth is estimated at 2.4 per cent in the current fiscal as against 11.5 per cent in 2021-22.
rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.
"We are of the considered opinion that hoisting saffron flag and shouting slogans would not amount to any offence punishable under the Atrocities Act," the judges said.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Despite belonging to a political dynasty of sorts, Aaditya Thackeray is the first in his family to contest an election.
'I was exhausted, hungry, unshaven and despondent.' 'My mouth was full of sores due to dehydration.' 'My clothes were in tatters due to walking through bushes and sliding down thorny slopes,' Brigadier John Parshuram Dalvi wrote of his capture during the 1962 War.
Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.
Social media allowed them to connect even more directly with potential clients, and gave them multiple new marketing and outreach channels, explains Devangshu Datta.
The Karnataka government is also expected to follow suit and withdraw its decision to raise the variable DA.
While one can file an updated return, there are certain caveats, warns rediffGURU Mihir Tanna.
'The State has played with their lives. Arsenal proved the machines were hacked and false evidence implanted with false files and letters.'
The government on Tuesday proposed to extend the period of incorporation of eligible startups by one more year till March 31, 2023 for providing tax incentives, a move aimed at encouraging budding entrepreneurs. Finance Minister Nirmala Sitharaman in her Budget speech said startups have emerged as drivers of growth for the economy and over the past few years, the country has seen a manifold increase in successful startups. Eligible startups established before March 31, 2022 had been provided a tax incentive for three consecutive years out of ten years from incorporation.
Ravi Sinha is described as "highly tech-savvy", and credited with infusing modern technology in the field of intelligence collection.
Activists and leaders of the opposition -- Congress and Nationalist Congress Party on Monday welcomed the Supreme Court's order restraining authorities from cutting anymore trees in Aarey Colony in Mumbai to make way for a Metro car shed.
Haven't they heard about the 'Tale of Two Brothers'? asks Suveen Sinha.
Sopena came to India in 1947 as a 22-year-old on a mission to serve mankind through the Society of Jesus, a male religious congregation of the Catholic Church founded by Spanish spearhead of counter-reformation, Ignatius Loyola in 1541.
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Rajan, the academic-turned-central banker who is credited with predicting the global financial crisis, said that voicing of views will have positive effects.
The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.
The court said that the 65-year-old Ghandy, who is in custody in the case since September 2009, was suffering from various ailments and his condition has 'visibly deteriorated' during the period of trial.
The Bollywood actress looked glamorous as she walked down the ramp for Rohit Bal's spectacular show.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'Our recipes come from our real-life experiences and have a story behind them.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
