News for 'Xavier'

Mutual Fund Equity Purchases Hit Record High In 2025

Mutual Fund Equity Purchases Hit Record High In 2025

Rediff.com8 Dec 2025

The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time.

Tax forms for charitable institutions set for overhaul

Tax forms for charitable institutions set for overhaul

Rediff.com4 Dec 2025

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.

Family beats girl to death after finding her with boyfriend

Family beats girl to death after finding her with boyfriend

Rediff.com21 Nov 2025

Acting on a tip-off, police intercepted the body of the girl, about 15 years old, as it was being secretly cremated by the family on Thursday evening, they said.

Why Indian Parents Fear Love Marriage

Why Indian Parents Fear Love Marriage

Rediff.com12 Dec 2025

rediffGURU Shalini Singh, founder of andwemet, an online matchmaking website for urban Indians, offers advice on how to deal with parents.

Schoolgirl ends life, accuses principal of sexual abuse

Schoolgirl ends life, accuses principal of sexual abuse

Rediff.com25 Nov 2025

A 15-year-old girl in Chhattisgarh allegedly committed suicide after accusing the school principal of molestation and sexual harassment. The principal has been arrested, and an investigation is underway.

Board nod must for bank entities to do same biz: RBI

Board nod must for bank entities to do same biz: RBI

Rediff.com6 Dec 2025

The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.

Nanded woman marries corpse after father, brothers kill her lover

Nanded woman marries corpse after father, brothers kill her lover

Rediff.com30 Nov 2025

A woman in Maharashtra 'married' her deceased boyfriend's body and demanded justice after he was allegedly murdered by her father and brothers.

'Can't Get Divorced. Can I Date Again?'

'Can't Get Divorced. Can I Date Again?'

Rediff.com5 Dec 2025

Since you are still married, if you start dating someone right now, it won't be ethical, comments rediffGURU Ravi Mittal, CEO of Quack Quack, an online dating Website.

White-collar hiring picks up pace in Nov; grows 23% y-o-y

White-collar hiring picks up pace in Nov; grows 23% y-o-y

Rediff.com2 Dec 2025

White collar hiring in November has surged by 23 per cent, mainly led by non-IT sectors such as education, real estate, hospitality and travel, and insurance, says a report. October had registered a 9 per cent year-on-year decline in hiring due to advancement of Diwali dates this year while in November it rebounded with a 23 per cent growth, according to the Naukri JobSpeak Index report.

Households Are Moving Away From Banks To Markets

Households Are Moving Away From Banks To Markets

Rediff.com8 Dec 2025

For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025.

Debt repayment, capex key to IPO proceeds utilisation

Debt repayment, capex key to IPO proceeds utilisation

Rediff.com3 Dec 2025

Companies are primarily using funds raised through fresh equity issuance to repay existing debt, followed by allocation for capital expenditure, according to a study by Bank of Baroda of over 200 filings with the market regulator between April and October 2025. The report stated that of these filings with the Securities and Exchange Board of India (Sebi) - covering both funds already raised in FY26 and future intent - 189 companies provided clear data on the purpose of the fund-raising.

US court reverses $1 bn damages against Byju

US court reverses $1 bn damages against Byju

Rediff.com10 Dec 2025

A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byju's.

6 get 20-yr jail in Kerala actress sexual assault case

6 get 20-yr jail in Kerala actress sexual assault case

Rediff.com12 Dec 2025

A court in Kochi sentenced six individuals to 20 years of rigorous imprisonment in connection with the 2017 actress assault case. The convicted were found guilty of gang rape and other offenses, while actor Dileep was acquitted.

Planning Intercaste Marriage? How To Tell Parents

Planning Intercaste Marriage? How To Tell Parents

Rediff.com4 Dec 2025

rediffGURU Shalini Singh, founder of andwemet, a matchmaking platform, explains how to convince your parents about marrying someone they may not approve of.

SIP inflows into equity MFs from small towns cross Rs 10K cr mark

SIP inflows into equity MFs from small towns cross Rs 10K cr mark

Rediff.com4 Dec 2025

SIP inflows into active equity schemes from areas beyond the top 30 cities (B30), which first crossed this milestone in September 2025, stood at Rs 10,080 crore in October, industry data shows.

Small and midcap multiples bubble, but PEG keeps lid on

Small and midcap multiples bubble, but PEG keeps lid on

Rediff.com25 Nov 2025

Despite trailing the benchmark Nifty 50, small and midcap (SMID) stocks appear pricey on a 12-month forward price-to-earnings (P/E) basis. The Nifty trades at roughly 21x forward earnings, compared with around 28x for both the Nifty Smallcap 100 and Nifty Midcap 100 indices.

Insurance sector premium growth crossed 20% in Nov

Insurance sector premium growth crossed 20% in Nov

Rediff.com9 Dec 2025

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.

Drunk man kills live-in partner, falls asleep with body in car

Drunk man kills live-in partner, falls asleep with body in car

Rediff.com27 Nov 2025

A 44-year-old woman was allegedly murdered in southwest Delhi by her live-in partner, who throttled her with his elbow and was so drunk that he carried the body to the car but couldn't drive, so he left it there while he went home and slept, police said on Thursday.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com23 Nov 2025

Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. "This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production.

The Dangers Of Sanchar Snoop

The Dangers Of Sanchar Snoop

Rediff.com6 Dec 2025

Once the OS layer is opened to the State, it doesn't close, notes Lieutenant General Prakash Katoch (retd).

Retail inflation down to multi-year low of 0.25% in Oct

Retail inflation down to multi-year low of 0.25% in Oct

Rediff.com12 Nov 2025

Retail inflation slipped to a multi-year low of 0.25 per cent in October, driven by the impact of the GST rate cut and subdued prices of vegetables and fruits, government data showed on Wednesday.

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

Rediff.com28 Nov 2025

The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.

Active banking funds fail to capitalise on PSU rally: Value Research data

Active banking funds fail to capitalise on PSU rally: Value Research data

Rediff.com29 Nov 2025

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.

Big bucks for Green, Indians cash in at IPL 2026 Auction

Big bucks for Green, Indians cash in at IPL 2026 Auction

Rediff.com17 Dec 2025

The Indian Premier League (IPL) 2026 auction saw some foreign names earning big bucks, headlined by Aussie all-rounder Cameron Green

Jobs in unincorporated sector rose marginally in Q2: NSO data

Jobs in unincorporated sector rose marginally in Q2: NSO data

Rediff.com26 Nov 2025

Around 128.6 million people were employed in the unincorporated sector during July-September of FY26, showed the latest quarterly bulletin of unincorporated sector enterprises released by the National Statistics Office (NSO) on Tuesday. This is slightly higher than the 128.57 million in the previous quarter.

Delhi: 'Psycho killer' rapes woman, slashes face

Delhi: 'Psycho killer' rapes woman, slashes face

Rediff.com28 Nov 2025

A 23-year-old man allegedly raped a mentally challenged woman, slashed her face and head with a sharp object before bludgeoning her to death using a stone here, the Delhi Police said on Friday as they called the accused a 'psycho killer'.

Telangana: 80-year-old doctor, family rescued from 3-day digital arrest

Telangana: 80-year-old doctor, family rescued from 3-day digital arrest

Rediff.com24 Nov 2025

The Telangana Cyber Security Bureau (TGCSB) foiled a digital arrest extortion attempt, rescuing an 80-year-old doctor and his family from cyber fraudsters posing as CBI officials.

'I'm Married But I Love My Cousin'

'I'm Married But I Love My Cousin'

Rediff.com1 Dec 2025

rediffGURU Kanchan Rai, a relationship coach and founder of Let Us Talk Foundation, explains how you can get over the pain by accepting failure and rejection gracefully.

Equity Mutual Funds Break All Records

Equity Mutual Funds Break All Records

Rediff.com29 Nov 2025

'The day is not too far when the share of MFs alone will be greater than that of foreign institutional investors.'

Neville Tata Steps Out Of Shadow

Neville Tata Steps Out Of Shadow

Rediff.com24 Nov 2025

As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.

One woman killed every 10 minutes by kin/partner: UN report

One woman killed every 10 minutes by kin/partner: UN report

Rediff.com25 Nov 2025

In its report released on Monday, the United Nations Office on Drugs and Crime (UNODC) and UN Women said that femicide continues to take the lives of tens of thousands of women and girls worldwide, with no sign of real progress.

Digital Connexion lines up $11 bn for data centres

Digital Connexion lines up $11 bn for data centres

Rediff.com27 Nov 2025

Digital Connexion, a joint venture between Brookfield, Reliance Industries and Digital Realty, on Wednesday announced an investment of $11 billion till 2030 for building 1 gigawatt (Gw) state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh.

Labour Codes: Trade Unions Raise Red Flags Over Layoffs

Labour Codes: Trade Unions Raise Red Flags Over Layoffs

Rediff.com2 Dec 2025

'Raising the retrenchment, layoff and closure threshold to 300 workers for prior government permission enables hire-and-fire in more than 90 per cent of the Indian workplaces. More than 12,00,000 disputes are now pending for adjudication with an average disposal period ranging from 3 to five years for more than 75 per cent of the disputes.'

Student thrashed for not speaking Marathi ends life

Student thrashed for not speaking Marathi ends life

Rediff.com20 Nov 2025

A 19-year-old student in Thane, Maharashtra, allegedly committed suicide after being assaulted on a train for not speaking Marathi. Police are investigating the incident.

MFs split on IT revival as outlook improves but uncertainties remain

MFs split on IT revival as outlook improves but uncertainties remain

Rediff.com24 Nov 2025

Fund managers are divided on the prospects for beaten-down information technology (IT) stocks, reflected in the wide variance in equity mutual funds' (MFs) sector exposure. An analysis by Nuvama Alternative & Quantitative Research shows that while six large fund houses were overweight the sector relative to its weight in the Nifty 200 index, five were underweight as of October 2025. UTI MF had the highest exposure at 17.8 per cent, while SBI MF sat at the bottom with 5 per cent.

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

Rediff.com28 Nov 2025

The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the "high-risk" cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said.

Marriage counsellor couple caught in marital dispute

Marriage counsellor couple caught in marital dispute

Rediff.com13 Nov 2025

A social media influencer couple, known for their talks on resolving marital disputes, are now facing a similar issue after the wife lodged a criminal complaint against her husband for assault.

Mutual Fund Transactions Surge Online

Mutual Fund Transactions Surge Online

Rediff.com28 Nov 2025

Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms.

Launches boost presales growth of top realtors in Q2

Launches boost presales growth of top realtors in Q2

Rediff.com3 Dec 2025

Top real estate developers reported healthy presales growth in the second quarter of FY26, aided by a steady pipeline of new project launches. While overall housing momentum across major Indian cities moderated during the quarter, listed players remained relatively insulated.

The Lady Who Designed The Billionaire Wedding

The Lady Who Designed The Billionaire Wedding

Rediff.com9 Dec 2025

When Chennai-based Wedding Designer Ambika Gupta first received a brief for a destination wedding in Udaipur, she had no idea it would turn into one of the most high-profile celebrations of the season.