News for 'Uttam Kumar'

In a huge relief to homebuyers, allotted houses to stay out of liquidation

In a huge relief to homebuyers, allotted houses to stay out of liquidation

Rediff.com21 Feb 2024

In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The notification dated February 12 said: "For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor." Real estate experts call it a "pragmatic approach" by the regulator. "However, there are many cases where possession has not been given because the property is stuck in insolvency.

'Take A Staggered Approach To Investing In Smallcaps'

'Take A Staggered Approach To Investing In Smallcaps'

Rediff.com11 Apr 2024

'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'

Bangladeshi woman returns home after discovering UP lover's marriage

Bangladeshi woman returns home after discovering UP lover's marriage

Rediff.com1 Oct 2023

Kareem, a chef in Bahrain, came in contact with the woman over the Internet.

Cheetahs flown from Namibia kill 1st prey on Indian soil

Cheetahs flown from Namibia kill 1st prey on Indian soil

Rediff.com7 Nov 2022

The successful first hunt by the cheetahs within 24 hours of moving to the larger enclosure has also allayed the park management's concerns about their prey hunting ability.

Unclaimed insurance funds higher in agent-sold policies: Analysts

Unclaimed insurance funds higher in agent-sold policies: Analysts

Rediff.com4 Mar 2024

The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.

BJP Ready To Oust KCR In Telangana

BJP Ready To Oust KCR In Telangana

Rediff.com13 Feb 2023

'A pro-Modi wave and anti-incumbency will be incomplete without strong candidates.'

Trouble for Congress in Telangana as 12 MLAs join TRS

Trouble for Congress in Telangana as 12 MLAs join TRS

Rediff.com6 Jun 2019

Unless the merger is reversed, the Congress is set to lose its Opposition Party status in the state assembly.

Debt tax tweak breathes life into equity savings scheme

Debt tax tweak breathes life into equity savings scheme

Rediff.com27 Dec 2023

Post the change in debt fund taxation in March, a lesser-known hybrid fund has emerged as one of the alternatives for fixed-income investors. Equity savings schemes, the smallest hybrid fund category in terms of assets, have raked in around Rs 6,000 crore this financial year (FY24) so far compared to Rs 1,100-crore outflow in FY23. The inflows along with a strong performance led to a 50 per cent surge in assets under management (AUM) to Rs 24,100 crore during April-November, shows data from the Association of Mutual Funds in India (Amfi).

Quality Control Orders: What does this mean for domestic industry?

Quality Control Orders: What does this mean for domestic industry?

Rediff.com25 Apr 2024

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.

'Govt won't privatise GIC Re at this stage'

'Govt won't privatise GIC Re at this stage'

Rediff.com5 May 2024

'Because it is the only public sector company in this sector, currently.'

Salman, Madhuri at Raj Kumar Barjatya prayer meet

Salman, Madhuri at Raj Kumar Barjatya prayer meet

Rediff.com25 Feb 2019

Producer Raj Kumar Barjatya passed away on February 21.

FIH Hockey5s World Cup: Simranjeet to lead India men; Rajni to captain women

FIH Hockey5s World Cup: Simranjeet to lead India men; Rajni to captain women

Rediff.com31 Dec 2023

Simranjeet Singh and Rajni Etimarpu will lead the men's and women's sides respectively as Hockey India on Sunday named the Indian teams for the upcoming FIH Hockey5s World Cup to be held in Muscat, Oman.

All cheetahs in good health, experts keep close watch

All cheetahs in good health, experts keep close watch

Rediff.com20 Sep 2022

Experts are monitoring them from a hole in a loft near their quarantine enclosures to ensure least human intervention

India Inc feels the heat of West Asia conflict

India Inc feels the heat of West Asia conflict

Rediff.com29 Apr 2024

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

'Soumitra Chatterjee is bigger than a Ray actor'

'Soumitra Chatterjee is bigger than a Ray actor'

Rediff.com27 Jan 2016

One of India's greatest actors -- someone who acted in 14 Satyajit Ray films -- doesn't get good movie roles anymore.

Economists laud Budget, say fiscal numbers look more realistic

Economists laud Budget, say fiscal numbers look more realistic

Rediff.com1 Feb 2024

Analysts and economists have hailed the fiscal projections in the interim Budget, saying the lower fiscal deficit forecast shows that the government, even in an election year, is serious about fiscal consolidation and that the numbers look achievable. According to Devendra Kumar Pant, the chief economist at India Ratings, the two broad themes of the interim Budget are fiscal consolidation and stepping up focus on agriculture/rural to course correct, to some extent, the differential benefits of the ongoing economic growth that's tilted in favour of upper-income bracket/urban households. The projected fiscal deficit numbers for FY24 and FY25 suggest that the government is serious about achieving the fiscal consolidation path of 4.5 per cent fiscal deficit by FY26, and given the nominal GDP growth assumption and revenue buoyancy, the target appears plausible, Pant said in a note.

7 killed as lift of under-construction building crashes in Maha

7 killed as lift of under-construction building crashes in Maha

Rediff.com11 Sep 2023

The construction lift in the 40-storey building located in Balkum area off the Ghodbunder Road here collapsed on Sunday evening.

Soumitra Chatterjee and the inheritance of loss

Soumitra Chatterjee and the inheritance of loss

Rediff.com17 Nov 2020

The passing of Satyajit Ray's renaissance man feels like the snapping of the last connection with a generation that built a nation and defined grace while facing everything life had to throw at them, says Sumit Bhattacharya.

What's A Factor-Based Fund?

What's A Factor-Based Fund?

Rediff.com2 Nov 2023

'No human bias is involved as happens in active funds.'

Niti's next divestment list will be ready in few weeks: Rajiv Kumar

Niti's next divestment list will be ready in few weeks: Rajiv Kumar

Rediff.com4 Feb 2021

Niti Aayog will prepare the next list of central public sector companies for disinvestment in the next few weeks, its vice chairman Rajiv Kumar said on Thursday and expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI. Days after Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22 laying out various measures (including disinvestment proposals) to bolster the pandemic-hit economy, Kumar also emphasised that the Modi government has shown consistent commitment for the welfare of farmers and for the improvement of the agriculture sector. "Now the process has begun... We will complete preparation of the next list in the next few weeks, we have got the marching order," Kumar said about the list of public sector companies for the next round of stake sales.

'Investors should have balanced portfolio'

'Investors should have balanced portfolio'

Rediff.com1 Mar 2024

'...which is possible through flexicap and multicap funds.' 'The latter has a better balance between large, mid and smallcap stocks.'

'Market is headed for an eventful 2024'

'Market is headed for an eventful 2024'

Rediff.com29 Jan 2024

'Higher valuation remains the only spoiler for equities.'

'He taught me everything about acting'

'He taught me everything about acting'

Rediff.com5 Jul 2022

Moushumi Chatterjee mourns Tarun Majumdar, who passed into the ages on Monday.

What experts say about interim Budget 2024

What experts say about interim Budget 2024

Rediff.com2 Feb 2024

Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:

'Don't shun midcaps, smallcaps just because they surged 40-50%'

'Don't shun midcaps, smallcaps just because they surged 40-50%'

Rediff.com10 Jan 2024

'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.' 'The results of the general elections will also be keenly watched.'

'Hindutva Is The New Normal'

'Hindutva Is The New Normal'

Rediff.com5 Dec 2023

'Barring Tamil Nadu and Kerala, the BJP will may make inroads in Karnataka, Andhra and Telangana in 2024.'

Telangana: Congress, TDP, CPI hold alliance talks; seek Prez rule

Telangana: Congress, TDP, CPI hold alliance talks; seek Prez rule

Rediff.com11 Sep 2018

TDP Telangana unit president Ramana said they favoured a 'grand alliance' for the elections in the interest of Telangana people.

Investors Must Avoid GREED!

Investors Must Avoid GREED!

Rediff.com26 Oct 2023

Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.

Select unsecured loans up by nearly Rs 7 trillion since 2019

Select unsecured loans up by nearly Rs 7 trillion since 2019

Rediff.com16 Oct 2023

People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.

When You Buy Home Insurance, Check This

When You Buy Home Insurance, Check This

Rediff.com4 Oct 2023

Keep revising the sum insured at the time of renewal to keep it in line with inflation.

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Rediff.com8 Oct 2023

Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.

India, Canada spat not to impact proposed free trade pact: Experts

India, Canada spat not to impact proposed free trade pact: Experts

Rediff.com22 Sep 2023

The talks for a free trade agreement (FTA) between India and Canada may have taken a pause but will resume once the political row between the two countries is resolved as the pact has economic benefits for both the nations, trade experts and exporters said on Friday. However, they said that India may not hurry for the trade agreement as 60 per cent of New Delhi's exports are already entering Canada at zero duty. Earlier this month, India and Canada paused the negotiations for the agreement due to political reasons.

Govt releases 800-page Telangana report

Govt releases 800-page Telangana report

Rediff.com6 Jan 2011

Andhra Pradesh Chief Minister Kiran Kumar Reddy, Congress leader Uttam Kumar Reddy, CPI-M state secretary B Raghavalu, PRP leader C Ramachandraiah were among those who are attending the meeting during which Chidambaram will handed over the Justice B N Srikrishna Committee report on the Telangana statehood demand.

Falling Rupee: How To Plan Ahead

Falling Rupee: How To Plan Ahead

Rediff.com18 Sep 2023

The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.

Kerala child rape-murder accused held in POCSO case in Delhi 5 years ago

Kerala child rape-murder accused held in POCSO case in Delhi 5 years ago

Rediff.com1 Aug 2023

Ashfaq Alam had been in jail for one month in connection with the crime committed in New Delhi and later came out on bail, Aluva Rural Superintendent of Police Vivek Kumar told reporters in Kochi.

Multi-asset playbook divides mutual fund industry; hybrids in demand

Multi-asset playbook divides mutual fund industry; hybrids in demand

Rediff.com16 Sep 2023

The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.

Constitution row: Cong to turn up heat on KCR, to lodge complaints

Constitution row: Cong to turn up heat on KCR, to lodge complaints

Rediff.com5 Feb 2022

Reddy stated that KCR's statement on proposing a new constitution is an extension of the idea of the BJP.

Why rich Indians are heading for greener pastures

Why rich Indians are heading for greener pastures

Rediff.com24 Jul 2023

More Indians renounced their citizenship and took citizenship in other countries in 2022 than ever before, according to data. Answering multiple questions in Parliament - the last on March 31 this year - Minister of State for External Affairs V Muraleedharan told the Lok Sabha that more than 200,000 Indians gave up Indian citizenship in 2022. The question was asked by Congress Members of Parliament Kodikunnil Suresh and M K Raghavan, and All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi.

Know About Balanced Advantage Funds?

Know About Balanced Advantage Funds?

Rediff.com24 Jul 2023

Balanced advantage funds have the potential to earn superior risk-adjusted returns for the investor and offer a smoother investment journey.

Yet another 'honour killing' case in Delhi

Yet another 'honour killing' case in Delhi

Rediff.com5 Jul 2010

A class IV government employee and his lover were murdered allegedly by the woman's husband and cousins, her brother and one of her paramours.