The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
For the past 50 years, the Hindu family of Gulab Yadav has been ensuring that Muslims in the village wake up on time for 'Sehri', the pre-dawn meal consumed before fasting during Ramzan.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26.
"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."
Bharatiya Janata Party on Thursday issued a three-line whip to all of its Lok Sabha MPs asking them to be present in the House for the passing of the Union Budget 2025-26.
'He brings immense value to the team - not just in terms of tactics, but also in terms of creating a winning culture.'
In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.
After declining to a three-year low in FY24, the private sector investment is expected to fall further in the current financial year, India Ratings said in a research note.. The investments in the private sector are likely to plummet to below 11 per cent of the GDP in FY25, based on the trends from the latest national accounts data and company fillings, it noted.
This Women's Day week, we salute India's first female doctor, Anandibai Gopal Joshi. Her achievement opened the gates of freedom and liberty for India's women.
Maharashtra Minister Dhananjay Munde has appealed against an interim order by a magistrate directing him to pay maintenance to a woman who claims to be his first wife. Munde, a leader of the NCP, maintains he was never married to Karuna Munde, who filed the case. The appeal argues the magistrate's order was erroneous and that the relationship between Munde and Karuna was personal, not marital. The court adjourned the matter to March 21, and Karuna Munde has agreed not to apply for execution of the interim maintenance order until then.
In a world where financial literacy is often overlooked, Soha Ali Khan shares the financial wisdom her parents taught her.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
India has improved its ranking in the World Happiness Report 2025, climbing to 118th from 126th last year. However, it still lags behind neighbouring countries like Nepal, Pakistan, and Ukraine. Finland has topped the list for the eighth consecutive year. The report emphasizes the impact of caring and sharing on happiness, highlighting how sharing meals increases happiness. It also notes a decline in wellbeing in the United States, which has dropped to its lowest ever position at 24th.
Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class by raising exemption limit and rejigging slabs. For salaried employees, this nil tax limit will be Rs 12.75 lakh per annum, after taking into account a standard deduction of Rs 75,000.
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
Around 31 million households have demanded work under the flagship MGNREGA in the month of May this year, which is almost 11 per cent more than the same period last year and much higher than the corresponding pre-Covid period, data sourced from the website showed today. In April 2022, around 23.26 million households have sought work under the scheme which as per the provisional data for May has risen to almost 31 million households. The April 2022 work demand was almost 11.15 per cent less than the corresponding period of April 2021.
Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
With 56,000 dollar-millionaire households, Maharashtra leads the country in wealth creation followed by Uttar Pradesh, Tamil Nadu, Karnataka and Gujarat, says a report. These states together account for 46 per cent of the 4.12-lakh millionaire households in the country. According to a wealth report by Hurun India, known for its annual rich list, there were 4.12 lakh dollar-millionaire households last year in the country, which has been one of the fastest wealth-creating economies producing the third-most number of billionaires annually.
Kejriwal alleged that the inflated water bills started arriving after he went to jail and urged people not to pay those bills.
"I think Mumbai is the safest among mega cities in the country. It is true that some incidents take place sometimes, and they must be taken seriously. But to say that Mumbai is unsafe due to such incidents is not right," Fadnavis told reporters.
The Telangana government officials would submit a report by February 2 on the caste survey held in the state last year.
The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said.
Mrs succeeds in riling you up for all the right reasons. And without resorting to high-pitched drama, applauds Sukanya Verma.
Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.
Haryana Chief Minister Nayab Singh Saini has vowed to take strict action against travel agents involved in sending youth from the state abroad through illegal routes. He said the government is identifying those involved and will introduce a law to control illegal immigration. Saini also commented on the recent Delhi elections, praising the BJP's victory and criticizing former Delhi CM Arvind Kejriwal.
Bharatiya Janata Party's Parvesh Verma emerged as a giant-slayer on Saturday with his victory against Aam Aadmi Party supremo and former Delhi chief minister Arvind Kejriwal in a fierce contest from the New Delhi seat by a margin of 4,089 votes.
Such a collection of amiable characters were last seen in Panchayat. There are greedy dowry seekers, criminals, misogynists and the like, but the collective goodness of the others keep violence and male chauvinism in check, notes Deepa Gahlot.
A woman in West Bengal's Howrah district allegedly convinced her husband to sell his kidney for Rs 10 lakh to pay for their daughter's education. After the surgery, she fled with another man, taking the entire amount of money with her.
'Adventure travel, cultural tours, and wellness retreats are in high demand.'
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
The much-delayed decadal census exercise and the work to update the National Population Register (NPR) are likely to begin early 2025 and the data will be declared by 2026, thus changing future census cycles completely, official sources said.
Nearly four lakh chickens have died in West Godavari district of Andhra Pradesh and vicinity over the past 45 days, prompting the Animal Husbandry Department to send samples for testing to ascertain the cause. Avian influenza is suspected, but the cause is yet to be confirmed.
A five-member team of experts from AIIMS Delhi, including specialists in toxicology, is investigating a mysterious illness that has claimed 17 lives in Jammu and Kashmir's Rajouri district. The team has spoken to 11 patients undergoing treatment and will collect samples from affected homes and surrounding areas to determine the cause of toxicity. Meanwhile, no new cases have been reported in the past nine days, and the village has been declared a containment zone with strict measures in place to prevent further spread.
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
One reason the fee can't be lower than 3 per cent is that it is difficult for an RIA to do a good job and remain viable even at 3 per cent.
The AAP chief stressed the need for an increase in healthcare spending, suggesting a rise to 10 percent of the GDP, along with the removal of taxes on health insurance premiums.
