'The Indian economy is expected to grow in terms of per capita income and GDP, and with that, the luxury segment becomes more relevant.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
To help you ride the growth trajectory of India's equity markets, we have curated the top five fastest-growing stocks that hold an impressive upside. If you're planning to build a sound portfolio and capitalize on the growth of these leading institutions, it's time you watch these stocks.
The company had announced similar pricing for Sri Lanka, where its application was in advanced stages of regulatory clearance.
Foreign brokerages remain cautious on the road ahead for the Indian equity markets. Though analysts at Nomura have revised their March 2026 Nifty target to 26,140 levels from the earlier 24,970, but the upside from the current levels is a modest 6 per cent. BofA Securities, on the other hand, has not made any change to its year-end Nifty target.
The first edition of the World Bowling League backed by celebrity cricketer Virat Kohli and baseball star Mookie Betts, will roll out with six franchises competing in iconic locations early next year.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
During the visit, the PM will lay the foundation stone of the extension building of Madhav Netralaya Premium Centre, he said.
The turnover of FMCG major Nestle India's has grown 2.5 folds to Rs 20,100 crore in last one decade, post the Maggi crisis in 2015, according to the company's latest annual report. At the time of crisis, Nestle India's turnover was at Rs 8,100 crore.
HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.
The revised ceiling will be within the Rs 10 lakh mark.
The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
Over 60 companies are ready to launch IPOs in the coming months.
'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'
Two-wheeler (2W) giant Bajaj Auto registered record sales across the country over the weekend on the back of Gudi Padwa, hawking 26,938 vehicles that included motorcycles and its electric scooter Chetak.
Airlines waive cancellation and rescheduling fees and boost flight capacity from Srinagar.
The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.
'Opt for a minimum cover of Rs 10 lakh to Rs 15 lakh, especially in urban and metro areas.'
Some products offer terrorism cover as part of the base offering, while in others it is an optional cover.
State Bank of India (SBI) on Saturday reported 10 per cent fall in standalone net profit at Rs 18,643 crore for the fourth quarter ended March 2025. The country's biggest lender had earned a profit of Rs 20,698 crore in the January-March period of 2023-24.
India's smartphone shipment grew by 11.5 per cent in the first quarter of calendar year (CY) 2024 on a year-on-year basis to 34 million units. This is the third consecutive quarter of growth in shipments, International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker said.
The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
The smartest homes are not the ones that dazzle with tech, but the ones that disappear into your daily life while quietly elevating it.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
India will not provide any duty concessions on British wines and is offering only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, according to an official. The other sensitive agri products where India will not offer any reduction in the import duty include dairy products, apples, cheese, oats, animals and vegetable oils under the agreement with the United Kingdom.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.'
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.