Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Incessant rains unleashed more death and destruction on Monday in parts of north India, with 37 people killed in landslides and other rain-related incidents in the last two days even as the Army and NDRF teams stepped in to intensify the relief and rescue operations.
No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the people of the war-torn country. On February 24, Russian forces launched military operations in Ukraine, three days after Moscow recognised Ukraine's breakaway regions - Donetsk and Luhansk - as independent entities. The decision comes as a large number of countries, organisations and businesses are severing ties and have imposed sanctions on Russia over the country's invasion of Ukraine, and with Belarus for its support and cooperation with Moscow.
Prime Minister Narendra Modi on Friday reviewed the post-cyclone situation and damages caused by Cyclone Yaas in the state at a meeting in Bhubaneswar where Odisha government demanded long term solutions to mitigate problems of repeated cyclones and provision of disaster resilient power systems.
The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund said on Tuesday. However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2 per cent, the IMF said in its latest 'World Economic Outlook' report.
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
In a tweet, the prime minister's office said, Modi has approved an ex gratia of Rs. 2 lakh each from the Prime Minister's National Relief Fund for the kin of those who have lost their lives.
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
'These villages have never seen a communal dispute, let alone communal violence.' 'Are attempts to create a communal divide acceptable to the MP administration?'
Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
CBI has registered a case against general secretary of Mumbai BJP Mohit Kamboj, his jewellery manufacturing firm Avyaan Overseas, its directors, few mid-level bankers and others for alleged diversion of funds by availing fraudulent foreign bills negotiation limit and export packaging credit limit, issued by lender Bank of India between 2013 and 2018.
'Anything that couldn't be stolen they destroyed.' Saloni Dhumne and Atreya Raghavan speak to members of the Indian community in Durban -- the largest congregation of Indians outside India -- who were targeted in last month's horrific riots.
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is "reviewing" the Delhi high court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance. FRL, in a regulatory filing, said it would submit a brief summary after consultation with legal advisors.
A total of 50 people, including 11 from Hyderabad, died in rain-related incidents in the state. Chief Minister K Chandrasekar Rao urged the Centre to release Rs 1,350 crore immediately towards relief work and wrote to Prime Minister Narendra Modi in this connection.
Himachal Pradesh Chief Minister Virbhadra Singh on Friday met Prime Minister Manmohan Singh and sought an immediate relief of Rs 1,000 crore for restoration works in the flood-affected areas of the state.
In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.
State pegs total loss due to rains at Rs 8,481 crore.
Modi also announced Rs 2 lakh aid to the kin of those who died in the deluge.
At least 34 people were killed during Cyclone Fani, which barrelled through coastal Odisha on Friday last, causing widespread destruction and leaving hundreds grappling with water shortage and power cut.
Lakhs of people were rendered homeless as cyclone Amphan cut a path of destruction through half a dozen districts of West Bengal, including state capital Kolkata, Wednesday night, blowing away shanties, uprooting thousands of trees besides swamping low-lying areas.
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
Nine members of a family were among the deceased in the first incident which took place around 11.15 pm on Wednesday, when Mumbai experienced heavy rains throughout the day, at the New Collector Compound on Abdul Hamid Road in the Malwani area of suburban Malad, the officials said.
Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday called on Prime Minister Narendra Modi and sought a special rehabilitation package from the Centre for the flood-ravaged state.
The explosion occurred when some chemicals were being mixed to produce fireworks at the unit in Acchankulam village, they said, adding the injured had been hospitalised.
'We have only ourselves to blame.' 'For selfish reasons and greed, we have obstructed many outlets, preventing the water from flowing out, be it rivers, tributaries or small drainage systems.'
Negotiators from nearly 200 countries have accepted a new climate agreement after the COP26 summit in Glasgow concluded its extra time plenary on Saturday with a deal, which recognises India's intervention for the world to 'phase down' rather than "phase out" fossil fuels.
Farmers in Mathura, Uttar Pradesh, were a distressed lot when compensation cheques issued to them for crop damage by state government bounced.
The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.
The culture of freebies burdens coming generations with the huge bill for the flagrant abuse of power by preceding governments, points out Virendra Kapoor.
He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.
As part of the fund mobilisation move, the cabinet decided to seek financial aid from abroad through non-resident Keralites, from major cities in the country and also from educational institutions in Kerala.
Tata's comments come a little over two weeks after JLR management and its workers agreed to a two-year pay freeze, subject to no compulsory layoffs for the next two years. This is also the first time the Tata chairman has made a direct public appeal to the UK government for credit support.
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
Around six lakh people have been housed in over 2000 relief camps in the two states.
the PM has announced a Rs 100 crore corpus for setting up a research project to study the Brahmaputra and its role in creating devastating flood.
An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.
A cyclonic circulation over Haryana was the trigger for the deadly dust storm that swept parts of Rajasthan and Uttar Pradesh, weather experts said.
