News for 'rs 62 lakh'

K'taka Lokayukta has assets worth Rs 3.7cr

K'taka Lokayukta has assets worth Rs 3.7cr

Rediff.com25 Aug 2011

As per the details put up on the Lokayukta website, the retired Supreme Court judge has immovable assets worth Rs 62,47,556 and his wife Rs 66,34,880.

M-cap of BSE-listed firms at all-time high of Rs 288.50 lakh crore

M-cap of BSE-listed firms at all-time high of Rs 288.50 lakh crore

Rediff.com30 Nov 2022

The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.

What will you do with Rs 80,500?

What will you do with Rs 80,500?

Rediff.com11 Sep 2014

Will you bite the bait or rather do something else with that money?

Direct tax collection grows 15.7% to Rs 4.89-lakh crore

Direct tax collection grows 15.7% to Rs 4.89-lakh crore

Rediff.com22 Oct 2018

As per the latest data, the number of taxpayers getting refunds is up by 62 per cent from 1.22 crore refunds in the corresponding period of the last fiscal.

The major decisions taken by the GST Council

The major decisions taken by the GST Council

Rediff.com22 Jun 2024

In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held in New Delhi.

TCS regains Rs 5 lakh cr market cap

TCS regains Rs 5 lakh cr market cap

Rediff.com12 May 2016

In dollar terms, its m-cap rose to $76 billion

Investors richer by over Rs 3.10 lakh crore

Investors richer by over Rs 3.10 lakh crore

Rediff.com4 Oct 2021

The 30-share BSE benchmark jumped 533.74 points or 0.91 per cent to 59,299.32. During the day, it zoomed 783.24 points to 59,548.82.

Sitharaman urges banks to make loans affordable

Sitharaman urges banks to make loans affordable

Rediff.com18 Nov 2024

Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.

Stage set for MVA vs Mahayuti as Maha to vote tomorrow

Stage set for MVA vs Mahayuti as Maha to vote tomorrow

Rediff.com19 Nov 2024

The Maharashtra Assembly elections are taking place today, with the ruling BJP-led Mahayuti alliance seeking to retain power and the Maha Vikas Aghadi (MVA) hoping for a comeback. The campaign saw prominent leaders like Narendra Modi, Amit Shah, Rahul Gandhi, and Priyanka Gandhi Vadra crisscrossing the state to garner votes. The Mahayuti is banking on popular schemes while the MVA focuses on issues like caste-based census and social justice. The elections have also seen a significant rise in the number of candidates and voters.

ED attaches Rs 68L deposits of PFI, front body for money laundering

ED attaches Rs 68L deposits of PFI, front body for money laundering

Rediff.com1 Jun 2022

A provisional order under the Prevention of Money Laundering Act has been issued by the federal probe agency as part of which a total of 33 bank accounts of the two organisations have been attached.

Market mayhem: Investor wealth plunges Rs 1.92 lakh crore

Market mayhem: Investor wealth plunges Rs 1.92 lakh crore

Rediff.com22 Apr 2019

At BSE, 1,799 scrips declined and 714 advanced, while 184 remained unchanged.

DA of 80 lakh central govt staff hiked

DA of 80 lakh central govt staff hiked

Rediff.com20 Sep 2013

The increase in DA to 90 per cent would result in additional annual expenditure of Rs 10,879 crore.

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

Rediff.com25 Dec 2019

It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.

Investor wealth tumbles by over Rs 5.55 lakh cr in 4 days

Investor wealth tumbles by over Rs 5.55 lakh cr in 4 days

Rediff.com17 Mar 2021

Investors have lost over Rs 5.55 lakh crore in four days of declines in the domestic equity markets. Rising domestic COVID-19 cases and selling in RIL and banking stocks dragged down the 30-share BSE Sensex by 562.34 points or 1.12 per cent to 49,801.62 on Wednesday. In four days, the benchamark has fallen by 1,477.89 points or 2.88 per cent. The market capitalisation of BSE-listed companies has tanked by Rs 5,55,400.52 crore in four days to reach Rs 2,03,71,252.94 crore.

RBI's balance sheet is 2.5X Pakistan's GDP

RBI's balance sheet is 2.5X Pakistan's GDP

Rediff.com30 May 2024

The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.

BJP's assets jump 21% to Rs 6,046 cr, Cong's 16% to Rs 805 cr in FY22: Report

BJP's assets jump 21% to Rs 6,046 cr, Cong's 16% to Rs 805 cr in FY22: Report

Rediff.com4 Sep 2023

In financial year 2020-21, the BJP declared assets worth Rs 4,990 crore, up by 21.17 per cent to Rs 6,046.81 crore in 2021-22.

Mkt falls for 5th day: Investors poorer by over Rs 19.50 lakh cr

Mkt falls for 5th day: Investors poorer by over Rs 19.50 lakh cr

Rediff.com24 Jan 2022

Investors have become poorer by a massive Rs 19,50,288.05 crore as equity market sell-offs continued for the fifth day in a row on Monday. The BSE Sensex plunged 1,545.67 points or 2.62 per cent to settle at 57,491.51 on Monday, while, the NSE Nifty slumped 468.05 points or 2.66 per cent to settle at 17,149.10. This is the steepest single-day drop for the indices in about two months. Over the last five sessions, the 30-share Sensex has tumbled 3,817.4 points or 6.22 per cent.

Kamal Nath's son has assets worth over Rs 660 cr

Kamal Nath's son has assets worth over Rs 660 cr

Rediff.com10 Apr 2019

The figure, mentioned in his affidavit filed along with the nomination papers, is over five times the assets of his parents, which as per MP CM Nath's affidavit stood at over Rs 124 crore.

NSEL's settlement guarantee fund stood at only Rs 85 lakh

NSEL's settlement guarantee fund stood at only Rs 85 lakh

Rediff.com28 Aug 2013

Against varying claims its SGF ranged from Rs 839 crore (Rs 8.39 billion) to Rs 62 crore (Rs 620 million), between July 29 and August 14, the bourse had Rs 84.66 lakh (Rs 8.46 million) in the actual SGF.

Rs 10,000 cr every 15 years: Cost of one nation one election

Rs 10,000 cr every 15 years: Cost of one nation one election

Rediff.com20 Jan 2024

According to estimates, a total of 11.80 lakh polling stations would be required to be set up across India for Lok Sabha polls this year.

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.

SBI eyes Rs 2 trillion home loan portfolio by March 2015

SBI eyes Rs 2 trillion home loan portfolio by March 2015

Rediff.com19 Oct 2012

SBI's home loan portfolio has recorded a 73.86 per cent growth against Rs 623.38 billion as on September 30, 2009

Army Captain staged Amshipora encounter for Rs 20 lakh: Chargesheet

Army Captain staged Amshipora encounter for Rs 20 lakh: Chargesheet

Rediff.com10 Jan 2021

The case relates to the July 18, 2020 encounter at Amshipora in which three youths of Rajouri district -- Imtiyaz Ahmed, Abrar Ahmed and Mohammed Ibrar -- were killed and branded as terrorists.

Rs 24 lakh for a bottle of whisky!

Rs 24 lakh for a bottle of whisky!

Rediff.com7 Jun 2005

Wine major Whyte and Mackay Ltd on Tuesday announced the sale of the final bottle available from the world's most expensive limited-edition bottling of The Dalmore 62 Years Old single highland malt scotch whisky for £30,000 (approx Rs 23.80 lakh).

7.85 lakh unsold housing stock in top 8 cities

7.85 lakh unsold housing stock in top 8 cities

Rediff.com6 Oct 2022

Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.

India's GDP Grows 7.6%, Beats China

India's GDP Grows 7.6%, Beats China

Rediff.com30 Nov 2023

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the fastest-growing major economy, as China posted a 4.9 per cent growth in July-September 2023.

P-notes investments touch 27-month high of Rs 83,114 cr in Nov

P-notes investments touch 27-month high of Rs 83,114 cr in Nov

Rediff.com16 Dec 2020

Investments through participatory notes (P-notes) in the Indian capital market surged to a 27-month high of Rs 83,114 crore at November-end driven by continued liquidity and improvement in second quarter corporate earnings. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt and hybrid securities -- increased to Rs 83,114 crore at November-end from Rs 78,686 crore at October-end.

Fiscal deficit hits 102%; crosses full year target in 7 months

Fiscal deficit hits 102%; crosses full year target in 7 months

Rediff.com29 Nov 2019

In absolute terms, revenue receipts stood at Rs 9.07 lakh crore at the end of October. For the entire 2019-20, the revenue receipts have been pegged at Rs 19.62 lakh crore.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

Bad news for Modi govt as fiscal deficit widens to Rs 7.01 lakh crore in Apr-Dec

Bad news for Modi govt as fiscal deficit widens to Rs 7.01 lakh crore in Apr-Dec

Rediff.com4 Feb 2019

The government has budgeted to cut the fiscal deficit to 3.3 per cent of GDP or Rs 6.24 lakh crore in 2018-19, from 3.53 per cent in the previous financial year.

At Rs 72.10 cr Jaitley is richest minister; Modi has assets of Rs 1.26 cr

At Rs 72.10 cr Jaitley is richest minister; Modi has assets of Rs 1.26 cr

Rediff.com7 Oct 2014

Prime Minister Narendra Modi has assets worth Rs 1.26 crore while Defence and Finance Minister Arun Jaitley stands out as the richest minister with assets totalling Rs 72.10 crore.

Mcap of 8 of top-10 most valued firms tumble Rs 2.21 lakh cr

Mcap of 8 of top-10 most valued firms tumble Rs 2.21 lakh cr

Rediff.com24 Apr 2022

Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week in-line with the weak trend in the broader market, with Infosys and HDFC Bank suffering the biggest hit. The 30-share benchmark index, Sensex, lost 1,141.78 points or 1.95 per cent last week. From the top-10 pack, only Reliance Industries and Adani Green Energy emerged as the gainers.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

Investors get poorer by Rs 3.28 lakh cr in market sell-off

Investors get poorer by Rs 3.28 lakh cr in market sell-off

Rediff.com6 Mar 2020

Investors took the Yes Bank event negatively because it raises a question on the stability of the overall Indian financial system.

9 Mercs, 21 BMWs... Luxury car sales soar in Patna

9 Mercs, 21 BMWs... Luxury car sales soar in Patna

Rediff.com16 Sep 2021

While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.

Dismal Olympics campaign for India's shuttlers!

Dismal Olympics campaign for India's shuttlers!

Rediff.com12 Aug 2024

The Indian badminton team returned empty-handed from the Olympics for the first time in over a decade.

Workers Hope For Second Innings At Ford Chennai Plant

Workers Hope For Second Innings At Ford Chennai Plant

Rediff.com18 Sep 2024

The chances of former workers getting jobs depends on the model under which Ford would restart its Chennai plant operations -- under Ford India or as a joint venture or under any other model.

295 infra projects delayed; cost overrun at over Rs 1 lakh cr

295 infra projects delayed; cost overrun at over Rs 1 lakh cr

Rediff.com4 Dec 2014

As many as 295 infrastructure sector projects worth Rs 150 crore or more are delayed with total cost overrun of Rs 1,01,436 crore (Rs 1.01 trillion), Parliament was informed on Thursday.

M&M launches TUV300 at Rs 6.9 lakh

M&M launches TUV300 at Rs 6.9 lakh

Rediff.com10 Sep 2015

TUV300 will take on the likes of Ford EcoSport and Renault Duster that are priced between Rs 7.88 lakh and Rs 13.54 lakh.

CCTV footages reveal devastating Wayanad landslides; 119 still missing

CCTV footages reveal devastating Wayanad landslides; 119 still missing

Rediff.com18 Aug 2024

Malayalam television channels aired the visuals captured on the CCTVs in some shops in Chooralmala, one of the hamlets completely destroyed in the disaster.