Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.
Zee Entertainment Enterprises has sought a termination fee of $90 million (around Rs 748.7 crore) from the Sony Group for calling off the $10 billion merger deal in January this year. It has sought termination fees from two Sony Group entities -- Sony Pictures Networks India (SPNI), now known as Culver Max Entertainment, and Bangla Entertainment (BEPL), according to a regulatory filing from Zee Entertainment Enterprises Ltd (ZEEL) on Thursday.
'Today when I see them talking to people from different countries confidently, I realise that education does not come from classrooms alone but from life experiences too.'
Submitting a late return helps you stay compliant with tax regulations and avoid legal issues.
ICC is mulling a dedicated fund of at least US$ 15 million for Test cricket that will help increase the players' match fee and address the migration of talent to T20 leagues.
The BCCI announced that domestic cricketers affected by the COVID-curtailed 2020-21 season will be paid 50 per cent additional match fee as compensation for the disruption and also hiked their remuneration for the upcoming season.
The Supreme Court on Tuesday dismissed the Punjab government's appeal against a high court verdict quashing its decision to expand the definition of 'NRI quota' for admissions in undergraduate medical and dental courses in the state. "This fraud must come to an end now," the apex court said.
'They take care of the problem: How can I ensure my child's education and other goals are not compromised, even if I am not around?'
'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'
Police have uncovered a nefarious scheme orchestrated by a man masquerading as a judge in his own fake tribunal and passing 'judgements' since 2019 especially in land deals in Gandhinagar area.
Indian students are looking at destinations that offer quality education coupled with unique cultural and career experiences, often at more affordable costs, says Gaurav Batra, CEO, Infinite Group.
If there is a decline in the number of Indian students pursuing higher studies in Canada due to the ongoing diplomatic tensions between the two countries, it may have implications for Indian banks operating in the North American country, senior bank officials said.
'Whichever teams have the best players they get a chance to retain them.
'There is a lot of scope for new players to come in and get their maximum value, given how the auction is structured.'
'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'
The BSE faces a larger outgo after regulatory clarity on the fee to be paid to the Securities and Exchange Board of India (Sebi) as a turnover charge on options volume. The market regulator on Friday directed the exchange to pay a regulatory fee on the 'notional value' of annual turnover.
'We are happy that the money has come to us immediately after it was announced.' 'For once, the government did what it promised.'
Seventeen persons, including four hailing from Taiwan, were arrested by Ahmedabad Cyber Crime Branch for allegedly operating a nationwide 'digital arrest' racket, a Gujarat police official said on Monday.
Allegedly charging patients Rs 2 instead of the stipulated fee of Re 1 at a Community Health Centre (CHC) has cost a contractual employee his job in Maharajganj in eastern Uttar Pradesh, officials said.
Coming to India on a tourist visa as a child, she had completed her education throughout claiming to be an Indian citizen.
The registration process for CAT 2024 will begin 10 am onwards on August 1.
Kohli will be a key to RCB's success: Andy Flower
The Bombay high court has slammed the decision of Maharashtra government to not charge the Board of Control for Cricket in India for police protection given during cricket matches conducted in the state.
Sid has a new project in hand: Balwinder Singh Janjua's action film, Mitti, being shot in Uttarakhand.
At just 12 and a half years old, Manjari won gold in diving at the 1968 national championship in Kanpur, competing against older athletes.
In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.
The mega auction for the Indian Premier League (IPL) 2025 season is expected to be held in Riyadh at the end of this month, according to sources.
'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'
The decision was taken back on Wednesday after directions from higher officials, Varanasi Samart City project PRO Shakhambhari Nandan said.
Although a one-off tax provision negatively impacted the bottom line, HDFC Asset Management Company (HDFC AMC) posted an excellent operational performance in Q2FY25. The equity quarterly average assets under management (QAAUM) growth was 14.7 per cent quarter-on-quarter (Q-o-Q). And, equity AUM market share rose 50 basis points (bps) year-on-year (Y-o-Y) to 12.9 per cent.
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
The Diamond League will increase its prize money to more than $9 million in 2025, the highest in the history of the series, the organisers said on Wednesday.
The course comprises 36 weeks of classroom study, which includes lectures, case studies, tutorials, lab sessions, videos, individual and team assignments, guest lectures from the Japanese faculty, industry experts and business leaders, totalling 1,173 interaction hours.
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
Stepping up the competition in the electric vehicle (EV) market, JSW MG Motor on Wednesday launched its electric crossover sport utility vehicle (SUV) Windsor with a new and 'aggressive' pricing model, an assured buyback plan, a lifetime battery warranty, and free public charging for one year. Under this new battery-as-a-service (BaaS) pricing model, customers can purchase the Windsor at a starting price of Rs 9.99 lakh (ex-showroom) and then pay a battery usage fee of Rs 3.5 per kilometre (km).
Indians hoping to study in Canada should think twice because many students have ended up in substandard colleges with no job prospects despite spending lakhs of rupees, resulting in depression and suicide, India's top envoy there says.
The ministry of railways has decided to withdraw its decision on sharing of convenience fee earned by IRCTC on online bookings of train tickets, the DIPAM secretary said on Friday.
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