Shaadi or the stock market? Find your dream partner (and millions) with this simple Valentine's Day checklist from Vatsal Ramaiya.
rediffGURU T S Khurana answers readers' personal income tax queries.
State-owned Indian Renewable Energy Development Agency's (Ireda's) chairman and managing director Pradip Kumar Das has announced that the company has requested the government to allow it to carry out a follow-on public offer (FPO) as it will need further equity infusion to maintain the pace of growth. The FPO would aim to raise between Rs 4,000 crore and Rs 5,000 crore. Ireda, which provides funding assistance and other services to renewable energy and energy efficiency/conservation projects and is 75 per cent owned by the government of India, has requested the Union Finance Ministry to be included under Section 54EC of the Income Tax Act, which will help reduce borrowing costs.
'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime would be suitable.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
Shares of auto component major, Samvardhana Motherson International, has gained 11.5 per cent on the bourses after the company approved the qualified institutions placement (QIP) issue and announced the calculation methodology for its compulsorily convertible debentures, or CCDs, into equity shares. Analysts cite strong investor response to the issue that has kept the sentiment positive for the stock. Brokerages, however, have a mixed view on the outlook for the auto parts supplier.
India's financial sector is dominated by large government-owned and private-sector banks.
Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.
rediffGURU T S Khurana answers readers' personal income tax queries.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
The NHS estimates that weight gain of one kg, or 2.2 pounds, can increase someone's risk of diabetes by around 8 per cent.
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
There are different ways in which you can calculate the life insurance coverage. Here are some simple ways to find out your life's worth.
'There has been a change in the advances mix, with the share of corporate loans decreasing.'
As per a new study, people who were physically active were less likely to experience a new episode of depression.
Along with two T20 World Cups, Munro was in the New Zealand squad that suffered a heart-breaking defeat in the 50-over 2019 World Cup final against hosts England.
Consolidated earnings for oil-to-telecom conglomerate Reliance Industries (RIL) may report sequential weakness, and modest year-on-year (Y-o-Y) growth in the June 2024 quarter (Q1FY25), said analysts. Lower refining margins are expected to moderate gains made from other businesses. RIL is slated to report its financial performance for Q1FY25 on July 19.
Stock exchanges are expanding the buffet of index derivatives even as the number of stocks permitted to trade in this space, generating an average daily turnover of Rs 450 trillion, is shrinking. This week, the National Stock Exchange (NSE) started issuing futures and options (F&O) contracts based on the Nifty Next 50 Index, bringing the total count of index derivatives to five.
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
Shares of Le Travenues, which operates online travel booking platform ixigo, soared 78 per cent on their market debut (June 18) and surged 80.4 per cent in the three days over their issue price. Ixigo has joined competitors EaseMyTrip and Yatra on the bourses. Analysts believe the blockbuster response to ixigo may lead to greater scrutiny of the financial performance of other online travel aggregators (OTAs) like Easy Trip Planners, and Yatra Online.
Gambhir, one of the finest among IPL skippers with two titles for Kolkata Knight Riders, spoke to PTI exclusively on a host of topics including Rahul's leadership, team composition and how he intends to handle relation between Deepak Hooda and Krunal Pandya.
Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
Delhi Capitals skipper Rishabh Pant is the latest India star to express his apprehensions about the contentious Impact Player rule.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'She could have sat down with the students and taken a list of their grievances including their allegations and suspicions.' 'Not all suspicions are true, but you have to listen, you have to let the steam come out.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Early retirement is not just about money and calculators. It is more about rediscovering your passions, strengthening bonds, and living a life filled with purpose, connection, and lasting happiness. It's about reclaiming your life, explains Vatsal Ramaiya.
rediffGURU T S Khurana answers readers' personal income tax queries
rediffGURU Vivek Lala answers your income tax and personal finance queries.
The independent group of scientists and communicators previously said that winters are quickly transitioning into summer-like conditions in north India, shortening the spring season.
These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
Rohit Sharma, India's captain, acknowledged the dry pitch and the team's readiness for the challenge.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
These are usually found among small and midcaps. It is not easy to find such stocks, especially after a strong bull market, discovers Debashis Basu.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.