Results and trends from recent bypolls across eight assembly seats in India show wins for MNF in Mizoram, BJP in Jammu and Kashmir, and Congress leading in Telangana and Rajasthan.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.
After big win in Bihar, the BJP is likely to push harder in Tamil Nadu, where the DMK government and the uneasy BJP-AIADMK alliance are preparing for a tense election filled with seat-sharing fights, changing alliances, and the unpredictable entry of Vijay's TVK party, predicts N Sathiya Moorthy.
The Supreme Court has sought responses from the Centre and others on a plea challenging the validity of a provision of the Income Tax Act that allows political parties to receive "anonymous" cash donations below Rs 2,000.
Former poll strategist Prashant Kishor's Jan Suraaj Party fails to win any seats in the Bihar assembly elections, while his prediction about JD(U)'s performance proves inaccurate. The article analyzes Kishor's political journey and future prospects.
Before booking a flat, buyers should confirm that the project is registered with the state's Rera portal.
The brother of the chancellor of Al Falah University, linked to the Delhi blast probe, has been arrested by Madhya Pradesh police from Hyderabad in connection with nearly 25-year-old fraud cases.
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.
Farmers in some villages of Maharashtra's Akola district claimed to have received as little as Rs 3 and Rs 21 as compensation under a central insurance scheme for the crop losses they suffered due to heavy rains, and called the aid as 'insulting' and 'mockery' of their plight.
An 83-year-old Pune resident died of a heart attack after being defrauded of Rs 1.2 crore in a 'digital arrest' scam. Fraudsters posing as police and CBI personnel targeted the man and his wife, threatening them with arrest in a money laundering case.
Unidentified men posing as central government officials intercepted a cash van in Bengaluru and allegedly fled with about Rs 7 crore. Police are investigating the incident and have formed teams to hunt for the suspects.
The Congress on Friday posted its second worst performance in Bihar's electoral history, managing to win only six of the over 50 seats it contested and losing deposits in most seats as its 'vote chori' pitch failed to make any impact on the ground.
At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.
'We currently have new proposals worth Rs 1.48 trillion in the pipeline.'
Loan against fixed deposit is cheaper and comes with fewer charges.
Lawyers were on strike against the LG's notification for the deposition of police personnel through video conferencing from police stations.
Suryakumar Yadav was back in his element with some spectacular hits but inclement weather proved to be a complete dampener as the first T20 International against Australia was called off
Days after the controversial 40-acre Pune land deal by a firm linked to Maharashtra Deputy Chief Minister Ajit Pawar's son, a now-suspended tehsildar issued an eviction notice to the Botanical Survey of India (BSI), a long-standing tenant on the property
A 32-year-old Delhi resident was allegedly duped of over Rs 9 lakh by a person posing as the chief of the Anti-Terrorism Squad (ATS) and accusing him of being involved in the Pulwama terror attack.
If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.
Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.
EPF nominations decide inheritance -- here's what happens if you don't file.
Delhi Police on Monday questioned Chaitanyananda Saraswati in connection with allegations of sexual harassment of female students at Sri Sharda Institute of Indian Management.
An accident inside a furnace at a private steel plant in Chhattisgarh's Raipur resulted in the death of six people and injuries to several others. The incident occurred during cleaning work inside the furnace.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Delhi High Court has ordered Jammu and Kashmir MP Abdul Rashid Sheikh, alias Engineer Rashid, to deposit Rs 4 lakh with the prison authorities as travel expenses for attending Parliament. The court allowed Rashid to attend the ongoing Parliament session "in-custody" till April 4, but the NIA had raised concerns about him being a flight risk. Rashid has been lodged in Delhi's Tihar Jail since 2019 after the NIA arrested him in a 2017 terror-funding case.
The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.
'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'
Prashant Kishor's Jan Suraaj party faces skepticism and challenges as it enters the Bihar Assembly elections, with critics questioning its experience and impact.
The Election Commission (EC) has announced 17 new initiatives for the Bihar Assembly polls, including compulsory webcasting, mobile phone-deposit facilities, and measures to improve voter turnout and accessibility.
In the latest case, the fraudsters, posing as personnel of the Enforcement Directorate and the Central Bureau of Investigation, contacted the businessmen between August 19 to October 8 and claimed his name had cropped up in a case of money laundering.
For commercial banks to float subsidiaries, approval from the Reserve Bank of India (RBI) may not remain mandatory, according to highly placed sources.
Young earners with high incomes and few responsibilities can save more than 30 per cent, while those with low salaries and high expenses may save less.
Chief Election Commissioner Gyanesh Kumar expressed satisfaction over the completion of the Special Intensive Revision (SIR) in Bihar, stating that the exercise has 'purified' the voters' list after 22 years. He made the announcement during a press conference in Patna.
'...the electoral playing field is tilted significantly in its favour.'
Who pays what into EPF, EPS, and EDLI -- the 12% math explained.
Shilpa Shetty, involved in a Rs 60-crore cheating case with Raj Kundra, withdrew her application to travel abroad as plans did not materialize. The court accepted the withdrawal and scheduled a hearing for their plea seeking suspension of the Look Out Circular on November 17.
After Maharashtra Deputy Chief Minister Ajit Pawar announced that the sale deed executed by his son Parth's firm for a prime land in Pune has been scrapped, officials said the company will have to cough up double the stamp duty, which comes to Rs 42 crore, to get the transaction cancelled.
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.