News for 'personal finance'

SC summons CS, fin secretaries of 16 states over pay report non-compliance

SC summons CS, fin secretaries of 16 states over pay report non-compliance

Rediff.com11 Jul 2024

Though seven opportunities have been granted to the states, it appears that full compliance has not been affected and several states are in default, it said.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

'I Wanted Waheeda Rehman For Ankur'

'I Wanted Waheeda Rehman For Ankur'

Rediff.com24 Dec 2024

'I don't think Waheeda had the confidence that I could pull it off, so she said no.'

How to Build Your Retirement Corpus

How to Build Your Retirement Corpus

Rediff.com15 Jul 2024

Building your Retirement Nidhi is your Karmayoga, ensuring a Golden Yug where you can truly enjoy the fruits of your labour, says Vatsal Ramaiya as he explains how Rs 15,000 per month can help build a Rs 7 crore corpus.

Hero MotoCorp to vroom on new launches and uptick in rural growth

Hero MotoCorp to vroom on new launches and uptick in rural growth

Rediff.com23 Aug 2024

Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.

'Right To Break FDs To Invest In MFs?'

'Right To Break FDs To Invest In MFs?'

Rediff.com4 Jun 2024

rediffGURU Vivek Lala answers your income tax and personal finance queries.

Tips To Buy Term Insurance Policies

Tips To Buy Term Insurance Policies

Rediff.com17 Oct 2024

Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. This complicates underwriting.

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

RBI seeks details of select NBFCs' loan book growth

RBI seeks details of select NBFCs' loan book growth

Rediff.com25 Sep 2024

The Reserve Bank of India (RBI) has sought granular data from select non-banking financial companies (NBFCs) on their loan book growth. The details sought are on the outstanding product-wise portfolio and the annualised interest charged on them. The annualised interest slabs mentioned are as follows: less than 10 per cent, 10-20 per cent, 20-30 per cent, 30-40 per cent, 40-50 per cent, and above 50 per cent.

'I've Returned After Living In The US For 28 Years'

'I've Returned After Living In The US For 28 Years'

Rediff.com3 Oct 2024

'My trajectory right now is five steps forward, two steps backwards.'

Is a personal loan the last option?

Is a personal loan the last option?

Rediff.com25 May 2007

Can you run a business by taking personal loans or structured loans? What are the drawbacks of doing business on such terms? Personal loan expert Harsh Roongta gives his advice on such tricky finance issues.

Budget: Tax Treat For Salaried Class?

Budget: Tax Treat For Salaried Class?

Rediff.com28 Jun 2024

Amid the Budget preparation, the revenue department is assessing the feasibility of further adjustments to maximise benefits for salaried individuals.

'Modi Was Not A Factor In Maharashtra'

'Modi Was Not A Factor In Maharashtra'

Rediff.com28 Nov 2024

'Money power was deployed like an army in a war.' 'None of the MVA parties had that kind of money.'

Trump, Harris locked tight in historic US election

Trump, Harris locked tight in historic US election

Rediff.com5 Nov 2024

As the fight reaches its crescendo with the big election day just a few hours away, many political observers billed the unpredictable race for the 47th President of the US as the most consequential one in decades while appearing to project a grim picture for the country's future under a Trump presidency.

How OCIs Are Taxed

How OCIs Are Taxed

Rediff.com18 Sep 2024

'Any earnings, regardless of location, will be subject to Indian income tax.'

'We focus on smaller ticket sizes loans'

'We focus on smaller ticket sizes loans'

Rediff.com14 Sep 2024

'Banks may find small ticket size lending economically unviable due to the cost of branch operations.'

Should You Invest In NBFC Bonds?

Should You Invest In NBFC Bonds?

Rediff.com23 Sep 2024

When evaluating bonds, returns shouldn't be the sole factor. Pay close attention to the bond's credit rating. It should ideally be AA or higher.

New Tax Regime Could Pinch Small Savings

New Tax Regime Could Pinch Small Savings

Rediff.com12 Aug 2024

>According to the latest RBI data, PPF receipts have already experienced a decline between April 2023 and February 2024. Other schemes like the Sukanya Samriddhi Account and National Savings Certificate are also witnessing reduced inflows.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Govt banks to invoke personal guarantee of defaulters

Govt banks to invoke personal guarantee of defaulters

Rediff.com5 Sep 2020

Finance ministry advises banks to invoke personal guarantees of all promoters whose companies have gone to NCLT for debt resolution.

Sitharaman wanted me out: ex-finance secretary Garg

Sitharaman wanted me out: ex-finance secretary Garg

Rediff.com31 Oct 2020

Subhash Chandra Garg, the former finance secretary who was shunted out of the finance ministry within three weeks of Modi-2.0 government's first budget last year, on Saturday alleged that new Finance Minister Nirmala Sitharaman got him transferred out.

45 specialists to join Modi govt in major lateral entry push

45 specialists to join Modi govt in major lateral entry push

Rediff.com17 Aug 2024

Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.

7 Ways Gita Can Help Achieve Peaceful Retirement

7 Ways Gita Can Help Achieve Peaceful Retirement

Rediff.com20 Jun 2024

Vatsal Ramaiya draws wisdom from the Bhagvad Gita and correlates it to how you can build a decent corpus to achieve a peaceful retirement.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

Fadnavis asked me to implicate Uddhav, Sharad Pawar: Anil Deshmukh

Fadnavis asked me to implicate Uddhav, Sharad Pawar: Anil Deshmukh

Rediff.com24 Jul 2024

If false accusations are levelled against me, I will have no choice but to make audio-visual evidence public, Fadnavis said.

Indians Dominate TIME 100 AI Titans List

Indians Dominate TIME 100 AI Titans List

Rediff.com23 Sep 2024

The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.

Tax benefit on personal loan? Yes!

Tax benefit on personal loan? Yes!

Rediff.com23 Mar 2007

The interest payable on personal loan as well as the princiapl repaid will be eligible for a deduction.

Why Muslims Prefer This BJP Candidate

Why Muslims Prefer This BJP Candidate

Rediff.com19 Nov 2024

Will Hindus not vote for a Muslim candidate? Is that why such few Muslims are given tickets? Two constituencies in Mumbai break prevalent stereotypes about these difficult questions.

Should You Invest In UPS Or NPS?

Should You Invest In UPS Or NPS?

Rediff.com4 Sep 2024

'Younger employees, who tend to have a higher risk appetite, will find NPS advantageous due to the potential gains from equity markets over time.'

Opting For A Gold Loan? Read This

Opting For A Gold Loan? Read This

Rediff.com23 Aug 2024

Only borrow an amount that can be repaid comfortably. The ratio of total EMI to take-home salary should not exceed 40 per cent.

Why a personal budget is a must!

Why a personal budget is a must!

Rediff.com1 Apr 2010

Good control over your personal finances will help you achieve the goals you have set for yourself and cope with changes in your life. How can you achieve that? The answer is having your own personalised budget.

Will Nirmalaji Cheer The Markets?

Will Nirmalaji Cheer The Markets?

Rediff.com17 Jul 2024

'We are confident that over the next few years the government will strike a fine balance between populist measures and growth, and manage coalition partners well.'

Jay Shah emerges as strong contender for ICC top job

Jay Shah emerges as strong contender for ICC top job

Rediff.com20 Aug 2024

Greg Barclay not to opt for third term, all eyes on BCCI secretary Jay Shah

Sunak under Oppn fire over 'VIP access' for Infosys

Sunak under Oppn fire over 'VIP access' for Infosys

Rediff.com5 Feb 2024

A readout of the meeting reportedly said Lord Johnson "made clear that he was keen to see a bigger Infosys presence in the UK and would be happy to do what he could to facilitate that".

Bibek Debroy: A Guru I Could Look To

Bibek Debroy: A Guru I Could Look To

Rediff.com2 Nov 2024

Bibek Debroy was one of the very few economists not bound by any single area of expertise and was simultaneously curious about economics and politics, myths and maths, chess and chemistry, and what not, remembers Laveesh Bhandari.

In export push, govt steps in to raise container capacity

In export push, govt steps in to raise container capacity

Rediff.com27 Sep 2024

Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.

'Can Rs 24k SIP help me get Rs 1 cr?'

'Can Rs 24k SIP help me get Rs 1 cr?'

Rediff.com24 Apr 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

Tax Qs on NRIs, LTCG, and Gifts Answered

Tax Qs on NRIs, LTCG, and Gifts Answered

Rediff.com22 Aug 2024

rediffGURU T S Khurana answers readers' personal income tax queries

'Critics Wait 20 Years To Like My Films'

'Critics Wait 20 Years To Like My Films'

Rediff.com28 Oct 2024

'Whenever people say to me that all my work looks unique, I say to them originality is the art of concealing your source.' 'You can't see the sources that I take from because usually, they are Indian.' 'But then Indians don't find my work Indian.'

Will Kerala govt sack CPM MLA-actor Mukesh?

Will Kerala govt sack CPM MLA-actor Mukesh?

Rediff.com28 Aug 2024

On a day a sexual abuse case was registered against actor Siddique based on a complaint by a woman actor, the Left government appears to have adopted a cautious approach in the case of MLA Mukesh, with two ministers indicating that further action hinges on the findings of the probe by the special police team.