The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.
The magnitude of the new H-1B visa application fee for fresh petitions - math of which works out to USD 500 million in case of 5,000 filings - may nudge IT companies to expand offshore delivery or increase local hiring, according to Motilal Oswal Financial Services.
The 10-day Ganesh festival has begun in Maharashtra, with devotees welcoming Lord Ganesha into their homes and public pandals. The state government has declared the celebrations a state festival for the first time.
A soft, juicy mithai, totally delicious, that 'hails' from the eastern part of India, especially Odisha.
When the Indian team entered the ICC Cricket Academy Arena for their evening net session ahead of the Asia Cup, Samson was the first to start his solo keeping drills with fielding coach T Dilip, even as others were just about lumbering up.
Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.
Chief of Defence Staff Gen Anil Chauhan asserted that the armed forces are free of nepotism and urged children to join to serve the nation. He also spoke about Operation Sindoor and the use of technology in warfare.
Chandrapuram Ponnusamy Radhakrishnan, with strong roots in the RSS and BJP, has been elected as the 15th Vice President of India. His rich political and administrative experience will be valuable as the Chairperson of the Rajya Sabha.
Amid the impending rejig in the goods and services tax (GST) rates, an association representing the country's beverages industry has appealed to the Centre to not classify aerated beverages as sin/demerit good and bring it under the 18 per cent slab while citing their "mass consumption" as a reason.
McLaren's Oscar Piastri beat teammate and title rival Lando Norris in a rain-delayed Belgian Grand Prix to stretch his Formula One lead to 16 points.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
India's Deepti Sharma inched closer to the top spot after rising to second place in the latest ICC Women's T20I bowling rankings, while opener Smriti Mandhana slipped to the second position among batters.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
INS Udaygiri and INS Himagiri marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
Defence Minister Rajnath Singh has approved the "execution model" for the indigenous development of a fifth-generation deep penetration advanced medium combat aircraft (AMCA) for the Indian Air Force. The Aeronautical Development Agency (ADA) will execute the programme through industry partnership, with equal opportunities for both private and public sectors. The project is a major step towards "Aatmanirbharta" (self-reliance) in the aerospace sector and is expected to cost around Rs 15,000 crore.
This festive season, Indian homes are mixing global luxury with personal touches using heirloom fabrics, handmade decor, and nostalgic menus to create celebrations that feel both grand and intimate.
Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
'Your family doesn't want you to come to this field because there's no direction, no formula.' 'It's not as if your career is settled and you will get work consistently.'
SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.
'This revolution has sparked an awakening. Gen Z realises the power it holds.'
'The reported deal between the European Union and China should mitigate it (shortage) for the medium to long term. Let's wait and watch how this plays out.'
The Karur tragedy has exposed the huge gaps in Vijay's understanding of realpolitik, elections and political administration, asserts N Sathiya Moorthy.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.
'If I had the chance now, I would have continued acting.' 'The cultures of Maharashtra and Bengal are different and I felt I had to give my best to be a good daughter-in-law and an ideal wife.' 'I never thought I could balance both.'
'Techies who did a master's there and moved to US companies look down on Indian companies who they consider as just doing body shopping.'
Mitchell Owen made an impressive debut as Australia beat West Indies by three wickets to take a 1-0 lead in the five-match T20I series.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Rajya Sabha Chair addresses the issue of expunged proceedings being shared on social media amidst ongoing stalemate between the government and opposition regarding a discussion on Special Intensive Revision (SIR) in Bihar.
India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.
Russia announces its withdrawal from a self-imposed moratorium on deploying intermediate-range missiles, citing escalating tensions with the US and the repositioning of American nuclear submarines.
The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.
Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sourcing channels for the next nine months and will pursue 'engineering efforts' to address the raw material shortage situation amid growing product portfolio, according to a senior company executive. The imposition of export restrictions by China on key rare earth magnets has resulted in supply chain bottlenecks, impacting the user industries, including the auto and electronics sectors.
Oscar Piastri won the Dutch Grand Prix to take a mighty 34 point lead in the Formula One championship on Sunday as McLaren teammate and title rival Lando Norris saw his hopes go up in smoke.
Even after 50 years, Sholay remains a lasting reminder of unity, shared memories and the joy of cinema, notes Mohammad Asim Siddiqui.
The dark green fleshy Malabar spinach adds special flavour to a Mangalorean crab curry.
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
