Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.
Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.
On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."
Co-location attracts institutional investors, which drives volumes for long-dated options, with higher realisations at lower costs.
Mohammed Rizwan and PCB chairman Mohsin Naqvi on Tuesday termed ICC's decision to hold the Champions Trophy in a hybrid model
India on Thursday said the United States State Department's recent remarks on the arrest of Delhi Chief Minister Arvind Kejriwal is 'unwarranted' and asserted the country is 'proud of its independent and robust democratic institutions' and committed to protect them from any form of undue external influences.
Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created investment asset class by market regulator Sebi in 2021. Further, fund houses including Kotak Asset Management Company have filed draft documents with the markets regulator to float silver ETF as well as silver ETF fund of funds for investors, information with the Securities and Exchange Board of India (Sebi) showed. These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours.
India has lodged a strong protest with Bangladesh over a now-deleted social media post by a key aide of Bangladesh's interim government that claimed certain areas of Indian territory should be part of that country. The post, which included a map showing parts of West Bengal, Tripura, and Assam as belonging to Bangladesh, was made by Mahfuz Alam, a de facto minister in the Muhammad Yunus-led interim government. The post sparked backlash and was subsequently deleted. India's External Affairs Ministry spokesperson Randhir Jaiswal reminded all concerned to be "mindful" of their public comments and emphasized the need for responsibility in public articulation.
Over the medium and long term, the BJP hopes to devour the AIADMK, they having identified the party as 'ideologically not as sound as the DMK', predicts N Sathiya Moorthy.
Pakistan Prime Minister Shehbaz Sharif has expressed his desire for peaceful relations with India based on the principles of 'equity, justice and mutual respect' and the resolution of the Kashmir issue, according to a media report on Friday.
The club also said that an official complaint has been lodged with the appropriate authorities urging them to conduct a thorough investigation into the incident.
'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.
rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.
'Being this man's trusted deputy was the most enjoyable and exciting period in my career.
The mutual fund industry continued with the positive momentum in the September quarter, attracting Rs 34,765 crore, although it was a massive reduction as against the Rs 1.85 lakh crore inflow in the preceding quarter, primarily due to withdrawal from debt segment. Most of the asset classes saw net inflows during the July-September period of the current financial year barring the fixed-income or debt segment, which witnessed net outflows. Overall, flows started on a strong note during the quarter under review, with net inflows of Rs 82,467 crore in July, which dipped to Rs 16,180 crore in August and ended with a disappointing Rs 63,882 crore of net outflows in September, according to a report by Morningstar India.
The Supreme Court of India has ruled that family members of an accused in domestic violence cases cannot be implicated without specific charges. The court emphasized the need for sensitivity in handling such cases, noting that emotions run high in matrimonial disputes and there may be a tendency to indiscriminately implicate family members. The court stressed that criminalizing domestic disputes without specific allegations and credible evidence could have disastrous consequences for the institution of family.
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
Several cine personalities such as Chiranjeevi, Nagarjuna, junior NTR, Venkatesh, Prakash Raj and Khushbu hit out at the minister for her remarks.
A Maldivian minister, who was suspended in January for her derogatory remarks against Prime Minister Narendra Modi, has now mocked the Indian flag after including parts of the flag in an altered campaign poster of the opposition Maldivian Democratic Party (MDP), according to a media report on Monday.
According to Bhagwat, a narrative is being spread in neighbouring Bangladesh, which recently witnessed a massive political upheaval, that India is a threat and they should join Pakistan as a defence against Bharat. Who is spreading such a narrative, he asked.
Triple world champion Lewis Hamilton said he still has "the utmost respect" for Formula One title rival Sebastian Vettel after accepting a public apology from the Ferrari driver on Thursday.
Defence sources stated that the disengagement involves removing infrastructure and withdrawing troops from both sides. The process is expected to be completed by Tuesday.
I-League 2 team Sudeva FC launches collaboration with VfB Stuttgart for grassroots development
ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed $10-billion merger and have agreed to withdraw all claims against each other. As part of the "comprehensive non-cash settlement" between ZEEL and Culver Max Entertainment Pvt Ltd (CMEPL), both "have mutually agreed to withdraw all respective claims against each other, in the ongoing arbitration at the SIAC and all related legal proceedings initiated in the NCLT and other forums," said a joint statement.
Mutual funds focused on investing in fixed-income securities witnessed a heavy outflow of Rs 92,248 crore in June on uncertain macro environment, driven by expectations around an increasing rate cycle, higher commodity prices and slowdown in growth. This comes following a net outflow of Rs 32,722 crore in May and an inflow of Rs 54,756 crore in April, data available with Association of Mutual Funds in India (Amfi) showed. Out of the 16 fixed-income or debt fund categories, 14 witnessed net outflows during the month under review.
Mutual funds (MFs) are betting on a turnaround in the healthcare sector to boost returns but are divided on the prospects of the information technology (IT) sector amid uncertain growth outlook. At the end of June, all of the top 20 fund houses were overweight on the healthcare sector vis--vis the sector's presence in the BSE 200 index, shows a report by Motilal Oswal Financial Services (MOFS). In the case of the IT sector, only six of the 20 fund houses had overweight positions.
The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."
'In India, managers and the leadership almost glorify overworking.'
Cricket star Hardik Pandya and actress Natasa Stankovic have confirmed their separation in a joint statement posted on Instagram on Thursday.
'China did not expect India to show such strategic resolve in defending its territorial integrity.'
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Much to the surprise of Beijing, Nepal's Parliament on Sunday ratified the contentious US-funded $500 million Millennium Challenge Corporation compact along with an interpretive declaration a day ahead of the February 28 deadline set by Washington.
Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent more than the Rs 39,880 crore raised in FY24
You may get intimate for the first time out of impulse and develop second thoughts later. That's why it is important to have a clear idea of how to communicate to your date that you are not ready for sex, says rediffGURU Ravi Mittal, CEO, Quack Quack.
Ronaldo hands team mate winning penalty as gesture of respect
After a short-term blip, mutual funds (MFs) are back to adding new systematic investment plan (SIP) investors at a record high pace, which was seen during the financial year 2021-22 (FY22). During the first six months (H1) of this financial year (FY24), MFs have added a net 77 million SIP accounts compared to 56 million during the same period of FY23. The net additions this year are a tad higher than the 76.5 million additions in H1 of FY22.
