Elon Musk-led Tesla Inc is yet to express interest in India's flagship scheme to attract global investment in electric vehicle (EV) manufacturing, said Union Minister for Heavy Industries H D Kumaraswamy on Monday. In contrast, multiple global automobile giants -- such as Mercedes-Benz, koda Auto Volkswagen, Hyundai Motor, and Kia Motors -- are keen to participate, the minister noted.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
'Till a few years ago, girls wouldn't take an autorickshaw alone. Now, things have improved.'
Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.
The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.
When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.
An alleged fraud under the Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme has come to light in a village in Sambhal, with over a dozen individuals shown as labourers and wages withdrawn in their names.
Haryana Chief Minister Nayab Singh Saini announced that the state will provide 20 percent reservation for Agniveers in the recruitment of state police. The move aims to secure the future of Agniveers by providing them with jobs after their service period in the armed forces. This builds upon a previous announcement by the state government to provide a 10 percent reservation for Agniveers in various government positions. The state government is also offering various other benefits for Agniveers, including financial assistance, job training, and priority in obtaining gun licenses.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
Currently, the hockey players draw salaries from the departments and organisations that they are employed with even though a proposal to have a graded contract system by Hockey India has been in the deliberation stage for past few years.
The Lok Sabha on Tuesday passed the Finance Bill 2025, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements.
Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
'They think quick fixes like internship in the private sector will help. 'In fact, internships have been going on for the last one decade.' 'In 2014-2015 itself, we had a ministry of skill development. None of the programmes have yielded results, still they are continuing with such schemes under some other name.' 'We don't see any seriousness on the part of the government to attack the problem of unemployment.'
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
The Delhi Cabinet has approved an allocation of Rs 5,100 crore for implementing the Mahila Samriddhi Yojana, under which women in the national capital will receive Rs 2,500 each per month. The scheme was announced by BJP national president J P Nadda on the occasion of International Women's Day and will be launched immediately. The scheme was a key promise made by the BJP during the recent Delhi Assembly elections, where the party secured a sweeping victory. The announcement has been met with mixed reactions, with some praising the initiative while others have raised concerns about its feasibility.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'It will split people and create caste clashes. Unity of people will be affected for the time being.'
'What is going on is the under counting of the migration population in urban areas.' 'It has been going on in the last few censuses.'
Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.
A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
Finance Minister Nirmala Sitharaman on Saturday presented Union Budget 2025-26, envisaging an expenditure of Rs 50,65,345 crore, an increase of 7.4 per cent over the current fiscal.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'We don't know which bus is coming next. I know for sure whatever bus comes next, it will miss that too.'
>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
Uttar Pradesh Chief Minister Yogi Adityanath launched a scathing attack on West Bengal Chief Minister Mamata Banerjee over the violence during protests against the Waqf law, accusing her of remaining silent while "Bengal is burning." He also said that the only treatment for rioters is stick, as "Those who respond only to thrashing don't understand words."
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
The performance of Hindustan Aeronautics Limited (HAL) for 2024-25 (FY25) was driven by improved margins and lower provisions. The order book as of March was of Rs 1.8 trillion, with inflows of Rs 1 trillion during FY25.
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
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