News for 'personal finance issues'

Ask Ajit: 'Sold shares in panic. What to do now?'

Ask Ajit: 'Sold shares in panic. What to do now?'

Rediff.com1 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Revealed: Government to bear cost of Modi's sandalwood and ghee gifts to Nepal temple

Revealed: Government to bear cost of Modi's sandalwood and ghee gifts to Nepal temple

Rediff.com6 Aug 2014

The prime minister's gifts to the temple are estimated to cost Rs 4.09 crores!

Oppn slams govt over Budget, says nothing for common man

Oppn slams govt over Budget, says nothing for common man

Rediff.com12 Feb 2021

Participating in the debate on the budget, leaders of parties like the Congress, Bahujan Samaj Party, Aam Aadmi Party and Left launched an all-out attack on the BJP government for allegedly selling off the country's assets and PSUs to big industrialists.

Covid's 4 Lasting Scars On The Economy

Covid's 4 Lasting Scars On The Economy

Rediff.com6 Oct 2021

Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.

CBDT clarifies on interchangeability of PAN and Aadhaar

CBDT clarifies on interchangeability of PAN and Aadhaar

Rediff.com8 Jul 2019

It is just a question of providing an additional facility to the taxpayer that if he is not quoting PAN and only has Aadhaar, his filing and processes do not get affected, said CBDT chief.

Why Modi govt is going all out for Stalin visit

Why Modi govt is going all out for Stalin visit

Rediff.com16 Jun 2021

The Modi government wants to have a smooth relationship with the DMK government.

A bureaucrat for 'the little guy'

A bureaucrat for 'the little guy'

Rediff.com6 Mar 2021

Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.

'Our healthcare system has collapsed'

'Our healthcare system has collapsed'

Rediff.com19 May 2021

'Both the Centre and the states cannot say that they have been taking good care of public health.'

Why Yashwant Sinha criticised Jaitley and not Modi

Why Yashwant Sinha criticised Jaitley and not Modi

Rediff.com4 Oct 2017

To write a criticism of the finance minister's performance without having included the PM's role is deliberate. It is not difficult to see why Jaitley interpreted it as being Sinha's way of sucking up to Modi.

'This is the moment to reintroduce wealth tax'

'This is the moment to reintroduce wealth tax'

Rediff.com25 Jan 2022

'From March 2020 to November 2021, the combined wealth of the billionaires of this country has doubled.'

'We are on week to week business planning'

'We are on week to week business planning'

Rediff.com25 Jun 2021

'The fundamentals look strong, but we will have to see if they translate into actual demand.' 'Because the April-May marriage season didn't see much sales due to the lockdown.'

HC relief for Chidambaram, son in INX Media corruption case

HC relief for Chidambaram, son in INX Media corruption case

Rediff.com18 May 2021

The Delhi high court on Tuesday stayed the proceedings before the trial court in the CBI's INX Media corruption case involving Congress leader P Chidambaram and his son Karti.

No info on Mallya's loan, finmin tells CIC

No info on Mallya's loan, finmin tells CIC

Rediff.com7 Feb 2018

The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.

Hero Moto to soon introduce retro-styled Harley-Davidson

Hero Moto to soon introduce retro-styled Harley-Davidson

Rediff.com19 Sep 2021

Leading two-wheeler maker Hero MotoCorp is going full throttle to launch a Harley-Davidson model with retro styling as it looks to enter a very profitable segment in the premium motorcycle space, according to a senior company official. The alliance between Hero and Harley-Davidson fructified last year after the iconic US two-wheeler maker announced discontinuation of sales and manufacturing operations in India, a decade after it started selling its premium bikes in the country. "There are two legs to the Harley tie up strategy. One of course is that we are the sales distributors for Harley bikes in India.

'Why are even our sewing needles made in China?'

'Why are even our sewing needles made in China?'

Rediff.com8 Jul 2020

'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'

Centre to waive interest on loans up to Rs 2 crore

Centre to waive interest on loans up to Rs 2 crore

Rediff.com3 Oct 2020

In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.

'Disability pension of armed force was being misused'

'Disability pension of armed force was being misused'

Rediff.com7 Jul 2019

'What happened was that over a period of time, the data analytics showed that many were claiming it and that it was being misused'

Former Union minister Jaswant Singh passes away

Former Union minister Jaswant Singh passes away

Rediff.com27 Sep 2020

Singh, a former Army officer, had been ill after a fall at his home in August 2014 and was admitted to the Army Research and Referral Hospital. He had been in and out of the hospital and was admitted again in June this year.

Agri loans not entitled for interest waiver, says govt

Agri loans not entitled for interest waiver, says govt

Rediff.com30 Oct 2020

Agriculture and allied activity loans are not eligible for the interest on interest waiver announced by the government last week, the finance ministry has clarified.

Your Car Queries Answered

Your Car Queries Answered

Rediff.com19 Jul 2021

Auto experts from CarJasoos answer all your questions related to buying, selling or maintenance of new cars.

Electoral bonds: SC asks parties for funding details

Electoral bonds: SC asks parties for funding details

Rediff.com12 Apr 2019

A bench headed by Chief Justice Ranjan Gogoi asked the parties to furnish 'forthwith' the details of electoral bonds received by a political party till date.

As Voda Idea bleeds, Aditya Birla group slips into red for the 1st time in 10 years

As Voda Idea bleeds, Aditya Birla group slips into red for the 1st time in 10 years

Rediff.com30 Aug 2019

The group firms reported combined losses of Rs 6,134 crore in FY19 against a net profit of Rs 5,414 crore a year ago. Excluding Vodafone Idea, the group reported a net profit of Rs 8,470 crore, down from a profit of Rs 9,582 crore a year ago.

Direct tax kitty grows 19% to Rs 6.95 lakh cr in Apr-Jan

Direct tax kitty grows 19% to Rs 6.95 lakh cr in Apr-Jan

Rediff.com9 Feb 2018

The net collections for Corporate Income Tax (CIT) showed a growth of 19.2 per cent and Personal Income Tax (PIT) at 18.6 per cent.

MFs' exit load, late payment charges on credit card attract GST

MFs' exit load, late payment charges on credit card attract GST

Rediff.com4 Jun 2018

In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.

Why Citi is exiting India

Why Citi is exiting India

Rediff.com10 May 2021

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Jaswant Singh, an upright politician and Vajpayee's Hanuman

Rediff.com27 Sep 2020

During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.

CBDT chargesheets 3 senior IRS officers over tax hike report

CBDT chargesheets 3 senior IRS officers over tax hike report

Rediff.com28 Apr 2020

These officers also have been divested of their current duties on charges of violating Rules 9 and 3(1)(xx) of the Central Civil Service Conduct Rules.

The Postmaster's Cut

The Postmaster's Cut

Rediff.com5 Nov 2021

'One evening, my mother announced during dinner that we would open a Cumulative Time Deposit account in the post office. 'My father froze. 'The handful of curd rice that he had just put into his mouth remained there for a few extra seconds.' Colonel K Thammayya Udupa (retd) recalls an important decision that changed his family's life forever.

PM-CARES not a govt fund; audit reports on website: Centre tells HC

PM-CARES not a govt fund; audit reports on website: Centre tells HC

Rediff.com23 Sep 2021

The PM CARES Fund is not a Government of India fund and the amount collected by it does not go to the Consolidated Fund of India, the Delhi High Court has been informed.

FM quoted Kashmiri verse, Tamil literature in longest Budget speech

FM quoted Kashmiri verse, Tamil literature in longest Budget speech

Rediff.com1 Feb 2020

She recited a Kashmiri verse, which was part of a poem by Sahitya Akademi award winner Pandit Dinanath Koul. She rendered the verse in both Kashmiri and Hindi. Besides, the minister quoted woman Tamil poet Avvaiyar, Tamil poet Thiruvalluvar, a verse from Raghuvamsa by Kalidasa, as well as late finance minister Arun Jaitley while talking about the Goods and Services Tax (GST).

Taliban loves cricket: Afghanistan Board CEO

Taliban loves cricket: Afghanistan Board CEO

Rediff.com16 Aug 2021

Afghanistan will play T20 World Cup, says media manager.

'You are lying': Anurag Thakur on 'goli maro' chants

'You are lying': Anurag Thakur on 'goli maro' chants

Rediff.com1 Mar 2020

"If you have questions on the economy, you should ask those..," he said when media persons kept fielding questions about his alleged hate speech.

PIX: President Kovind confers Padma awards on 73

PIX: President Kovind confers Padma awards on 73

Rediff.com8 Nov 2021

President Ram Nath Kovind presented Padma awards to 73 individuals, some posthumously, at a ceremony held in the Rashtrapati Bhavan here on Monday.

Triple talaq against women's rights, Centre to tell SC

Triple talaq against women's rights, Centre to tell SC

Rediff.com18 Sep 2016

The Union law ministry will file a consolidated reply on the issue in the apex court by the end of this month.

TAX GURU: How to calculate tax on property sold?

TAX GURU: How to calculate tax on property sold?

Rediff.com15 Dec 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

EXPLAINED: What's this row over now-retired Bengal Chief Secretary

Rediff.com1 Jun 2021

Following is the gist of the controversy over sudden transfer of West Bengal Chief Secretary Alapan Bandyopadhyay, who retired on Monday, to Delhi and related rules.

26/11 mastermind Hafeez Saeed arrested in Pak

26/11 mastermind Hafeez Saeed arrested in Pak

Rediff.com17 Jul 2019

Saeed, has been moved to an unknown location.

J-K to annul all actions taken under Roshni land scheme

J-K to annul all actions taken under Roshni land scheme

Rediff.com1 Nov 2020

The scheme initially envisaged conferment of proprietary rights of around 20.55 lakh kanals of land (1,2,50 hectares) to occupants of which 15.85 per cent of land was approved for vesting of ownership rights.

Why Enforcement Directorate is targeting Ajit Pawar

Why Enforcement Directorate is targeting Ajit Pawar

Rediff.com3 Jul 2021

'No action will be taken against Ajit Pawar. I am sure.'

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.