News for 'rs 62 lakh'

ITR Filings Hit Record 72.8 Million

ITR Filings Hit Record 72.8 Million

Rediff.com5 Aug 2024

The platform recorded a peak rate of 917 filings per second on July 17 and 9,367 filings per minute on July 31.

Investor wealth surges Rs 1.25 lakh cr as stocks soar

Investor wealth surges Rs 1.25 lakh cr as stocks soar

Rediff.com22 Jun 2015

In 7 days, the index has gained 1,359.23 points.

Boycott bastions of Baramulla, Sopore see highest voter turnout in 30 yrs

Boycott bastions of Baramulla, Sopore see highest voter turnout in 30 yrs

Rediff.com2 Oct 2024

Officials said the polling went off peacefully in all segments including special polling stations along the International Border and Line of Control (LoC) with no untoward incident reported from anywhere.

Investors' wealth rises by Rs 2.25 lakh cr in market rally

Investors' wealth rises by Rs 2.25 lakh cr in market rally

Rediff.com9 Jan 2020

A sharp decline in crude and strengthening of the rupee added to the buoyancy.

ED arrests K'taka ex-minister Nagendra in tribal corporation case

ED arrests K'taka ex-minister Nagendra in tribal corporation case

Rediff.com13 Jul 2024

He is expected to be produced before a special Prevention of Money Laundering Act court on Saturday where the ED will seek his remand for custodial interrogation.

Rs 1 lakh cr worth subsidy goes to the well-off!

Rs 1 lakh cr worth subsidy goes to the well-off!

Rediff.com26 Feb 2016

Indian state's generosity is not restricted to its poorest citizens.

Delhi L-G directs recovery of Rs 97cr spent on political ads from AAP

Delhi L-G directs recovery of Rs 97cr spent on political ads from AAP

Rediff.com20 Dec 2022

Delhi Lieutenant Governor V K Saxena has directed the chief secretary to recover Rs 97 crore from the Aam Aadmi Party for political advertisements it published in the guise of government advertisements, official sources said.

Gone in 60 seconds! Rs 6 lakh crore of investor wealth

Gone in 60 seconds! Rs 6 lakh crore of investor wealth

Rediff.com9 Nov 2016

00 hours. The overall investors' wealth, measured in terms of valuation of all listed stocks, was down by nearly Rs 6 lakh crore in early morning trade, from nearly Rs 111.44 lakh crore at the end of Tuesday's trade.

DA for central govt employees hiked by 3%

DA for central govt employees hiked by 3%

Rediff.com30 Mar 2022

The Union Cabinet on Wednesday hiked Dearness Allowance (DA) and Dearness Relief (DR) by 3 per cent to 34 per cent to compensate for the price rise, benefitting over 1.16 crore central government employees and pensioners. The additional instalment will be effective from January 1, 2022, said an official release after the Cabinet meeting. "The Union Cabinet...has given its approval to release an additional instalment of DA to central government employees and DR to pensioners w.e.f. January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the Basic Pay/Pension, to compensate for price rise," an official statement said.

IPO mop-up plunges 32% to Rs 35,456 cr in H1

IPO mop-up plunges 32% to Rs 35,456 cr in H1

Rediff.com29 Sep 2022

Just 14 companies raised Rs 35,456 crore through main-board primary share sales in the first half of the fiscal, down 32 per cent from the year-ago period when 25 issues had mopped up Rs 51,979 crore. But according to Prime Database, the IPO pipeline is strong with 71 issues worth Rs 1,05,000 crore having Sebi approvals and another 43 worth about Rs 70,000 crore are awaiting approval. Of these 114 planned issues, 10 are new-age tech companies, which are looking to raise roughly Rs 35,000 crore.

2 months interim bail for Jet Air founder Naresh Goyal

2 months interim bail for Jet Air founder Naresh Goyal

Rediff.com6 May 2024

The Bombay high court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case. A single bench of Justice N J Jamadar said Goyal shall pay a surety of Rs 1 lakh and not leave Mumbai without prior permission from the trial court. "The applicant (Goyal) shall be released on interim bail for a period of two months. He shall abide by all conditions imposed," the bench said.

Sensex, Nifty rebound as Reliance, ITC shares rally

Sensex, Nifty rebound as Reliance, ITC shares rally

Rediff.com20 Mar 2024

Benchmark equity indices Sensex and Nifty rebounded on Wednesday, propelled by bargain hunting in index majors Reliance Industries, ITC and SBI amid a largely firm trend in global equities. In a highly volatile trade, the 30-share BSE Sensex rebounded 89.64 points or 0.12 per cent to settle at 72,101.69. During the day, it jumped 390.62 points or 0.54 per cent to 72,402.67.

The Rs-59.2 lakh BMW 530i M Sport is in India

The Rs-59.2 lakh BMW 530i M Sport is in India

Rediff.com28 Mar 2019

The model is loaded with various safety features including six air bags, anti-lock braking system with brake assist, dynamic stability control, including dynamic traction control, cornering brake control, among others.

What shares should you invest in if you had Rs 5 lakh?

What shares should you invest in if you had Rs 5 lakh?

Rediff.com23 Jan 2020

Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.

Investor wealth surges Rs 1.54 lakh cr in bullish market

Investor wealth surges Rs 1.54 lakh cr in bullish market

Rediff.com11 Jul 2016

The 30-share index surged 499.79 points or 1.84 per cent to settle at 27,626.69.

Investment in P-notes hits 10-month high in Aug

Investment in P-notes hits 10-month high in Aug

Rediff.com17 Sep 2020

The value of P-note investments in Indian markets - equity, debt, hybrid securities and derivatives - stood at Rs 74,027 crore till August-end.

Kerala: Over 4 lakh still in relief camps; 3 lakh houses cleaned

Kerala: Over 4 lakh still in relief camps; 3 lakh houses cleaned

Rediff.com27 Aug 2018

The CM urged all Malayalis to donate one month salary to rebuild the state, where the death toll has now touched 302.

Guvs to get allowances for tour, hospitality, entertainment

Guvs to get allowances for tour, hospitality, entertainment

Rediff.com3 Jun 2018

According to a notification issued by the Union home ministry, the Governor of West Bengal, among all the Governors, will get the highest amount of Rs 1.81 crore as allowances for tour, hospitality, entertainment and other expenses.

'Useless' Pakistani PM Nawaz Sharif up for grabs

'Useless' Pakistani PM Nawaz Sharif up for grabs

Rediff.com14 Apr 2016

The Pakistani premier (eBay item no 162037014813) currently stands at a 66,200 (Rs 62 lakh) bidding price. So far, 100 bids have been made.

Investor wealth grows a mammoth Rs 32.49 lakh cr in pandemic-hit 2020

Investor wealth grows a mammoth Rs 32.49 lakh cr in pandemic-hit 2020

Rediff.com3 Jan 2021

Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.

Investor wealth surges by Rs 45.50 lakh cr in 2017

Investor wealth surges by Rs 45.50 lakh cr in 2017

Rediff.com29 Dec 2017

The Sensex gained 7,430.37 points, or 27.91 per cent, this year.

RBI imposes Rs 5.6-lakh fine on SBI

RBI imposes Rs 5.6-lakh fine on SBI

Rediff.com7 Aug 2013

The penalty was levied in connection with deficiencies and lapses in the operation and maintenance of the currency chest at the Secunderabad branch of SBI, it said. Last month, the RBI had imposed a penalty of Rs 3 crore (Rs 30 million) on SBI for violating know your customer/anti-money laundering norms.

GST may hit Centre's revenue by Rs 1.5 lakh crore

GST may hit Centre's revenue by Rs 1.5 lakh crore

Rediff.com6 Jul 2016

If the new regime is introduced in 2017, the govt may lose out on cess, surcharge

Rs 2.95 lakh crore allocated for defence budget

Rs 2.95 lakh crore allocated for defence budget

Rediff.com2 Feb 2018

The govt hiked defence budget by 7.81 per cent over last year's Rs 2.74 lakh crore.

M-cap of BSE-listed cos hits record high, tops Rs 112 lakh cr

M-cap of BSE-listed cos hits record high, tops Rs 112 lakh cr

Rediff.com6 Sep 2016

Out of the 30-share Sensex pack, 25 scrips ended with gains while 4 registered loss. Sun Pharma ended steady

Indian eves crush NZ to win series; BCCI awards Rs 21 lakh

Indian eves crush NZ to win series; BCCI awards Rs 21 lakh

Rediff.com8 Jul 2015

India's women cricketers produced a clinical performance to crush New Zealand by nine wickets in the fifth and final One-Day International in Bengaluru and win the series by a 3-2 margin on Wednesday.

DA hike to 31% effective from July 1: FinMin

DA hike to 31% effective from July 1: FinMin

Rediff.com26 Oct 2021

Dearness Allowance for central government employees has been hiked to 31 per cent of the basic pay from 28 per cent with effect from July 1, 2021, the Finance Ministry said. In an office memorandum, the Department of Expenditure, under the Finance Ministry, said the term 'basic pay' means the pay drawn as per the 7th pay commission matrix and does not include any other type of pay like special pay, etc. "....the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021," said the office memorandum dated October 25.

Markets crash: Investor wealth plummets by Rs 1.5 lakh cr

Markets crash: Investor wealth plummets by Rs 1.5 lakh cr

Rediff.com20 Jun 2013

Investor wealth slumped by Rs 1.55 lakh crore on Thursday today, dragged down by massive selling in the stock markets where nearly seven out of ten shares closed lower.

Sukhbir Badal resigns as Shiromani Akali Dal president

Sukhbir Badal resigns as Shiromani Akali Dal president

Rediff.com16 Nov 2024

Badal's resignation came days after he urged the Akal Takht Jathedar to pronounce his punishment for religious misconduct charges, saying more than two months have passed since he was declared 'tankhaiya' (guilty of religious misconduct).

Jaitley hikes defence budget by over 6.2%

Jaitley hikes defence budget by over 6.2%

Rediff.com1 Feb 2017

The capital outlay to cover the modernisation programmes have got a hike of 10.05 per cent.

Nifty hits new peak, Sensex up 282 points

Nifty hits new peak, Sensex up 282 points

Rediff.com19 Feb 2024

Among Sensex shares, Bajaj Finserve, ICICI Bank, Bharti Airtel, Bajaj Finance, Sun Pharma, Maruti Suzuki, ITC, and Nestle were the lead gainers. On the other hand, L&T Wipro, IndusInd Bank and TCS and Tata Motors were the lead losers.

Don't unscramble scrambled egg, govt tells SC on note ban

Don't unscramble scrambled egg, govt tells SC on note ban

Rediff.com25 Nov 2022

Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of "putting the clock back" and "unscrambling a scrambled egg".

DII-FPI shareholding gap narrows to all-time low in September quarter

DII-FPI shareholding gap narrows to all-time low in September quarter

Rediff.com21 Nov 2023

Domestic investors are tightening their grip on the ownership of listed companies. The gap between the shareholding of domestic institutional investors (DIIs) and foreign portfolio investors (FPIs) narrowed to 13.11 percentage points at the end of the September 2023 quarter. At the peak, the gap was nearly 50 percentage points in March 2015, according to an analysis by Prime Database, a leading provider of data on the capital market.

Indirect tax collections up 6.2% in Apr-Dec

Indirect tax collections up 6.2% in Apr-Dec

Rediff.com19 Jan 2014

Total collection of indirect taxes -- excise, customs and service tax -- stood at about Rs 3,55,003 crore (Rs 3,550.03 billion) during the first nine months of 2013-14 as against Rs 3,34,309 crore (Rs 3,343.09 billion) in the year-ago period, sources in the Finance Ministry said.

Petrol, diesel to be cheaper by Rs 2 in Andhra from Tuesday

Petrol, diesel to be cheaper by Rs 2 in Andhra from Tuesday

Rediff.com10 Sep 2018

The price of petrol is expected to come down to Rs 84.71 a litre and diesel to Rs 77.98

Police arrest 6 volunteers for stampede at UP satsang

Police arrest 6 volunteers for stampede at UP satsang

Rediff.com4 Jul 2024

The Uttar Pradesh police on Thursday said they have arrested six sevadars (volunteers), including two women, of the organising committee in connection with the Hathras stampede that killed 121 people.

When small is actually BIG!

When small is actually BIG!

Rediff.com25 Dec 2023

Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.

AAP's Yogendra Yadav declares assets of Rs 3 crore

AAP's Yogendra Yadav declares assets of Rs 3 crore

Rediff.com20 Mar 2014

Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav on Thursday declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds.

M-cap of eight of top-10 most valued firms zooms Rs 1.90 lakh cr

M-cap of eight of top-10 most valued firms zooms Rs 1.90 lakh cr

Rediff.com15 Nov 2020

The combined market valuation of eight of the top-10 most valued companies zoomed Rs 190,571.55 crore last week, with Bajaj Finance emerging as the biggest gainer, reflecting bullish investor sentiment. While Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS) witnessed erosion in their market capitalisation, rest of the eight companies including Hindustan Unilever Limited, HDFC, ICICI Bank and Bharti Airtel emerged as gainers. The market valuation of Bajaj Finance jumped Rs 35,878.56 crore to Rs 2,63,538.56 crore, becoming the biggest gainer among the top-10 most valued firms.

IPO boom: 75 cos mobilise Rs 89,066 cr in Apr-Nov 2021

IPO boom: 75 cos mobilise Rs 89,066 cr in Apr-Nov 2021

Rediff.com31 Jan 2022

The primary market has seen hectic fundraising activity in April-November 2021, with 75 companies garnering Rs 89,066 crore through their IPOs, much higher than in any year in the last decade, Economic Survey showed on Monday. Moreover, a flurry of technology startups made their public debuts during the period. In comparison, 29 companies raised Rs 14,733 crore through initial public offerings (IPOs) during April-November 2020.