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.
'There has been a change in the advances mix, with the share of corporate loans decreasing.'
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
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.
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.
Delhi Capitals skipper Rishabh Pant is the latest India star to express his apprehensions about the contentious Impact Player rule.
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.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.
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.
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.'
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 Vivek Lala answers your income tax and personal finance queries.
All central government employees were on Wednesday asked to immediately download the 'Aarogya Setu' mobile application and to come to office when the application shows "safe" status for commuting, an order issued by the personnel ministry said.
Rohit Sharma, India's captain, acknowledged the dry pitch and the team's readiness for the challenge.
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.
rediffGURU T S Khurana answers readers' personal income tax queries
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
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.
'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.'
Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.
Investors must adopt a balanced approach, incorporating both styles in their portfolios.
Professional athletes could be particularly vulnerable to falling seriously ill with the new coronavirus, the head of a global union representing them said on Thursday. Brendan Schwab, the executive director of the World Players' Association, added that some players are being asked to sign away rights that would normally give them legal and financial protection should they fall ill.
Patel is on the FBI's list of 'Ten Most Wanted Fugitives' and the federal agency announced a reward of up to $250,000 for information leading to his arrest.
'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.'
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences.
Build a portfolio diversified across market caps, investment styles, and geographies.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
Every investment opportunity carries some risks or the other
For the company's latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments. In his address to shareholders in the company's FY22 annual report, billionaire Mukesh Ambani, chairman and managing director of the company, said: "The green energy value holds great promise to outshine all our existing growth engines in just 5-7 years." The company has marked an investment of Rs 75,000 crore towards its new energy plans, which include solar energy value chain, green hydrogen, energy storage and other similar businesses.
The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.
'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
