News for 'interest income'

Why Long-Duration Funds Are Losing Money

Why Long-Duration Funds Are Losing Money

Rediff.com21 Apr 2026

'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Why The Energy Crisis Will Get Worse

Why The Energy Crisis Will Get Worse

Rediff.com11 May 2026

The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

Tax Qs Answered: Capital Gains, PF, Salary Guide

Tax Qs Answered: Capital Gains, PF, Salary Guide

Rediff.com15 Apr 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

Go Debt-Free Or Invest? Key Money Questions Answered

Go Debt-Free Or Invest? Key Money Questions Answered

Rediff.com28 Apr 2026

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

'Economically, nobody is winning this war'

'Economically, nobody is winning this war'

Rediff.com30 Apr 2026

'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Rediff.com22 Apr 2026

Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.

Banks for tax exemption on interest income

Banks for tax exemption on interest income

Rediff.com3 Jan 2007

To increase the deposit base, the banking industry is likely to press for restoration of tax exemption on interest income, increase in ceiling for tax deduction at source

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com5 May 2026

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Rediff.com3 May 2026

Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Mumbai's iconic Air India building set to become Maha govt hub soon

Mumbai's iconic Air India building set to become Maha govt hub soon

Rediff.com29 Apr 2026

The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.

Why Rahul Gandhi Accuses Mamata Banerjee Of Aiding BJP

Why Rahul Gandhi Accuses Mamata Banerjee Of Aiding BJP

Rediff.com25 Apr 2026

Rahul Gandhi accuses Mamata Banerjee of not directly fighting the BJP, alleging that this indirect approach benefits the ruling party. He also criticised her government's performance on job creation and handling of corruption.

'Will My Mother's Gold Sale Attract IT?'

'Will My Mother's Gold Sale Attract IT?'

Rediff.com27 Feb 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Foreign cos' interest income from bonds is taxable

Foreign cos' interest income from bonds is taxable

Rediff.com3 Nov 2008

Giving the ruling in the case of US-based LMCC, the Authority for Advance Ruling said, 'Payments made to LMCC in the form of interest up to the date of conversion of bonds into equity shares are nothing but interest paid on the money advanced to the applicant... and it is accordingly liable to be taxed as LMCC's income.' The ruling was sought by an Indian NBFC which had asked the AAR whether the interest it paid to LMCC on the bonds it issued was taxable here.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

Smart Money Moves: From Home Loans To SIPs

Smart Money Moves: From Home Loans To SIPs

Rediff.com10 Apr 2026

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

UAE intercepts 12 ballistic missiles, 2 cruise missiles, 19 UAVs from Iran

UAE intercepts 12 ballistic missiles, 2 cruise missiles, 19 UAVs from Iran

Rediff.com6 Apr 2026

The ministry of defence of the United Arab Emirates on Monday said its air defence systems successfully intercepted multiple aerial threats launched from Iran, as tensions in the region continue to rise.

'Is This A Slavery System In India?'

'Is This A Slavery System In India?'

Rediff.com28 Apr 2026

'Workers are the people who create all the wealth in this country. How can you call them anti-national?'

Tribunal Awards 7.76 Lakh to Man Injured While Praying

Tribunal Awards 7.76 Lakh to Man Injured While Praying

Rediff.com1 Apr 2026

The Motor Accident Claims Tribunal (MACT) in Thane has awarded 7.76 lakh in compensation to a man who suffered permanent disability after being injured in a roadside accident in 2015. The tribunal rejected the insurer's claims of contributory negligence and breach of policy conditions.

Assam Elections: Who Are the Richest Candidates?

Assam Elections: Who Are the Richest Candidates?

Rediff.com28 Mar 2026

Election affidavits in Assam have unveiled significant financial disparities among key candidates, with some declaring extensive assets, multiple bank accounts, and numerous vehicles, while others report more modest holdings.

Can Rs 1.15 Cr Corpus Fund Rs 2 Lakh Monthly?

Can Rs 1.15 Cr Corpus Fund Rs 2 Lakh Monthly?

Rediff.com14 Apr 2026

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Rediff.com31 Mar 2026

TVK chief Vijay declared assets worth 603.20 crore in his election affidavit, including luxury cars and significant bank deposits, ahead of the Tamil Nadu Assembly polls.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Rediff.com11 Apr 2026

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Passed Class 8? You Can Apply For This Scholarship

Passed Class 8? You Can Apply For This Scholarship

Rediff.com31 Mar 2026

The Kiran Pratibha Scholarship 2026 is an opportunity provided by the Kiran Foundation to students who have passed Class 8 or are at least 14 years of age.

'FY27 Presents Clear Runway For Earnings Improvement'

'FY27 Presents Clear Runway For Earnings Improvement'

Rediff.com16 Apr 2026

'In investing, poor sentiment is always a good vintage to build a portfolio.'

Kerala Offers Congress Golden Chance; Will It Deliver?

Kerala Offers Congress Golden Chance; Will It Deliver?

Rediff.com8 May 2026

Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Rediff.com27 Apr 2026

India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.

MACT Awards 64.75 Lakh to Family of Pune Businessman Killed in Road Accident

MACT Awards 64.75 Lakh to Family of Pune Businessman Killed in Road Accident

Rediff.com30 Mar 2026

The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 64.75 lakh to the family of a Pune-based businessman who died in a road accident in 2022.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Rediff.com31 Mar 2026

Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.

Should Investors Consider Money Market Funds?

Should Investors Consider Money Market Funds?

Rediff.com2 Mar 2026

Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.