rediffGURU T S Khurana answers readers' personal income tax queries.
Foreign portfolio investors (FPIs) have invested Rs 25,300 crore through the anchor book for IPOs in 2024, surpassing the Rs 20,351 crore invested by domestic mutual funds (MFs). FPIs accounted for 46.6 per cent of shares sold in the anchor category, the highest share since 2021, according to PRIME Database.
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.
Uttam Ghosh offers his take on the speculation about who's really in charge of the BCCI -- Dada or Dad's putra?
Uttam Ghosh wishes all our readers a Healthy, Happy, Kind and Successful 2022.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per cent Y-o-Y to Rs 2.43 trillion.
Uttam Ghosh offers his take on the brouhaha after the prime minister could not attend what critics describe as a sparsely attended BJP rally in Ferozepur, Punjab, because protesters blocked part of the route.
Uttam Ghosh offers his take on the renaming of the Sardar Vallabhbhai Patel stadium in Ahmedabad to the Narendra Modi stadium.
Uttam Ghosh is puzzled by the anger generated over Vir Das's observations -- at a time when so many serious issues confront this great nation -- and offers his take on 'Two Indias'.
Uttam Ghosh offers his take on the Lakhimpur Kheri tragedy.
From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.
Residents of a village in Maharashtra's Solapur district on Monday said they have planned a 'repoll' using ballots as the results of the recently-concluded assembly polls were 'doubtful' due to the presence of electronic voting machines (EVMs).
India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
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.
Sonam Uttam Maskar clinched the silver medal in the Women's 10m Air Rifle event at the ISSF World Cup Final 2024 in Delhi on Tuesday.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Uttam Ghosh offers yet another take on the Budget.
Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.
Uttam Ghosh pays tribute to the Incomparable Legend, Lataji Mangeshkar, Bharat Ratna.
Uttam Ghosh salutes Danish Siddiqui, the incomparable photojournalist who was murdered by the Taliban and whose images of our times will live on for eternity.
Uttam Ghosh is appalled by Bollywood performer Kangana Ranaut's inane remarks on India's struggle for freedom from British rule during which scores of Indians went to the gallow and millions went to prison.
Uttam Ghosh offers his take on the rise in the price of fuel and cooking gas
Uttam Ghosh wonders how Joe Biden -- who was known to have a sure pair of hands when it came to foreign policy -- could have made such a tragic error of judgement.
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.
When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.
UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.
To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4, 2022 had raised CRR to 4.5 per cent from 4 per cent in an off-cycle Monetary Policy Committee (MPC) meeting, with effect from May 21 the same year.
Uttam Ghosh offers his take on a strange regurgitation of history.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds (AIFs) are questionable in terms of the intent behind the investments and are under the scanner for circumvention of regulations, said Ananth Narayan, whole-time member of Securities and Exchange Board of India (Sebi). AIFs are pooled investment vehicles that invest in a variety of assets including real estate, startups, unlisted companies, and derivative strategies in the listed space.
'Health and motor insurance will continue to be our two most important segments'
Uttam Ghosh offers his take on why writer Aakar Patel -- who is also chairman of the Amnesty International India board -- is being prevented from traveling abroad.
State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs.
'Journalists must ask the Mumbai police why are they sending notices via X to cartoonists.' 'The Mumbai police must come clean. Who is giving them such orders?'
It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances