News for 'rs 62 lakh'

With firefighting behind them, insurers can now shift gears and focus on growth

With firefighting behind them, insurers can now shift gears and focus on growth

Rediff.com3 Dec 2025

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.

Mahindra XEV 9e Mid Variant: The Future Is Here!

Mahindra XEV 9e Mid Variant: The Future Is Here!

Rediff.com4 Aug 2025

The Mahindra XEV 9e mid variant, particularly the PACK TWO, presents a compelling package with a strong emphasis on futuristic design, advanced technology, and passenger comfort, notes Rajesh Karkera.

Investors' wealth swells by Rs 27.10 lakh cr

Investors' wealth swells by Rs 27.10 lakh cr

Rediff.com24 Mar 2025

Markets investors became richer by Rs 27.10 lakh crore as the BSE benchmark Sensex continued to rally for the sixth trading day, surging nearly 6 per cent during this period. On Monday, the 30-share BSE bellwether gauge jumped 1,078.87 points or 1.40 per cent to settle at an over six-week high of 77,984.38. During the day, the benchmark zoomed 1,201.72 points or 1.56 per cent to 78,107.23.

Over Rs 62 crore illegal cash seized in poll-bound states

Over Rs 62 crore illegal cash seized in poll-bound states

Rediff.com19 Apr 2016

While the two-phased assembly polls voting has concluded in Assam, in West Bengal two phases have completed while four more remain.

GST mop-up rises 6.5% Y-o-Y to Rs 1.73 lakh cr in Sep

GST mop-up rises 6.5% Y-o-Y to Rs 1.73 lakh cr in Sep

Rediff.com1 Oct 2024

Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday. In September 2023, the total collection was to the tune of Rs 1.62 lakh crore. CGST, SGST, IGST, and cess all increased year-on-year in September, official data made available on Tuesday showed.

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Rediff.com28 Feb 2025

India's economic growth rate decelerated to 6.2 per cent in the October-December quarter this fiscal, mainly due to poor performance by mining, manufacturing and all other sectors, with the exception of agriculture. However, on a sequential basis, the economic growth rate in the third quarter showed improvement over 5.6 per cent recorded in the second quarter.

Stock market crash makes investors poorer by Rs 20.16 lakh cr

Stock market crash makes investors poorer by Rs 20.16 lakh cr

Rediff.com7 Apr 2025

Tata Steel and Tata Motors dropped over 10 per cent each. Larsen & Toubro, HCL Technologies, Adani Ports, Tech Mahindra, Infosys, Tata Consultancy Services, Reliance Industries and Mahindra & Mahindra were the other big laggards.

India eyes 10% of global green hydrogen exports by 2030: Minister

India eyes 10% of global green hydrogen exports by 2030: Minister

Rediff.com19 Aug 2025

India is aiming to become a global hub for green hydrogen exports, eyeing nearly 10 per cent of the worldwide demand by 2030, Union Minister Shripad Yesso Naik said on Tuesday. Addressing FICCI Green Hydrogen Summit 2025, the minister said 8.62 lakh tonne annual hydrogen production capacity has been awarded to 19 companies.

SMAT: Rahane, Surya dazzle in Mumbai's dominant win

SMAT: Rahane, Surya dazzle in Mumbai's dominant win

Rediff.com26 Nov 2025

Mumbai off to flourishing start in SMAT, beat Railways by 7 wickets

Army's 380 infantry units go hi-tech with drone platoons, Bhairav commandos

Army's 380 infantry units go hi-tech with drone platoons, Bhairav commandos

Rediff.com22 Oct 2025

The Indian Army is equipping its infantry battalions with drone platoons and raising elite commando units as part of a modernization drive to enhance combat capabilities along the northern and western frontiers. The Army is also procuring new carbines and upgrading its arsenal with advanced weaponry.

Bihar Polls: Non-Stop Contest For Sops

Bihar Polls: Non-Stop Contest For Sops

Rediff.com2 Oct 2025

Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.

'How To Repay Rs 30 Lakh Gold Loan?'

'How To Repay Rs 30 Lakh Gold Loan?'

Rediff.com10 Dec 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Missed Investing In Gold? Read This

Missed Investing In Gold? Read This

Rediff.com24 Oct 2025

New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Godman accused of harassing 17 students, sent to 5-day police custody

Godman accused of harassing 17 students, sent to 5-day police custody

Rediff.com28 Sep 2025

Earlier, police froze Rs 8 crore linked to Saraswati and parked in multiple bank accounts and fixed deposits.

Box Office: Mahavatar Narsimha Continues To Roar

Box Office: Mahavatar Narsimha Continues To Roar

Rediff.com11 Aug 2025

It has entered the Rs 100 Crore Club with ease and will eventually aim for lifetime collections in the vicinity of Rs 150 crore.

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Rediff.com7 Jul 2022

A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.

Chaitanyananda behind bars, but his grip of fear stays on campus

Chaitanyananda behind bars, but his grip of fear stays on campus

Rediff.com28 Sep 2025

The arrest of Swami Chaitanyananda Saraswati in Agra has brought relief to his alleged victims, but concerns remain about the long road to justice and the possibility of his influence affecting the case.

Investors lose Rs 7.15 lakh cr as markets slump

Investors lose Rs 7.15 lakh cr as markets slump

Rediff.com25 Oct 2024

Investors' wealth eroded by a whopping Rs 7.15 lakh crore during the morning trade on Friday as equity markets tumbled, driven by sharp fall in IndusInd Bank shares and unabated foreign fund outflows. The BSE Sensex tanked 708.69 points to 79,356.47 and the NSE Nifty plunged 286.35 points to 24,113.05. Tracking the weak trend in equities, the market capitalisation of BSE-listed firms tumbled Rs 715,739.19 crore to Rs 4,36,63,565.73 crore ($5.19 trillion) during the morning trade.

FIRE At 50? Step-By-Step Investment Plan

FIRE At 50? Step-By-Step Investment Plan

Rediff.com17 Jul 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Sujatha's Surrender Weakens Maoists

Sujatha's Surrender Weakens Maoists

Rediff.com15 Sep 2025

'Sujatha's decision to surrender reflects the deep crisis of confidence that the Maoist ranks are facing in recent times.'

India Inc promoters holding slumps to 8-yr low in Q1

India Inc promoters holding slumps to 8-yr low in Q1

Rediff.com4 Aug 2025

Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of PRIME Database Group.

Sensex ends down 288 points dragged by HDFC Bank and foreign fund outflows

Sensex ends down 288 points dragged by HDFC Bank and foreign fund outflows

Rediff.com2 Jul 2025

From the Sensex pack, Bajaj Finserv, Larsen & Toubro, Bajaj Finance, HDFC Bank, Bharat Electronics and Kotak Mahindra Bank were among the major laggards. However, Tata Steel, Asian Paints, UltraTech Cement, and Trent were the biggest gainers.

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation

Rediff.com23 Jul 2024

The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.

MHA gets Rs 2.33 lakh crore, bulk of funds for security

MHA gets Rs 2.33 lakh crore, bulk of funds for security

Rediff.com1 Feb 2025

The Union Budget 2025-26 on Saturday allocated Rs 2,33,210.68 crore to the Ministry of Home Affairs with the majority of the fund -- Rs 1,60,391.06 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF) and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding and security of vital installations.

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Rediff.com21 Nov 2024

Adani group stocks faced heavy drubbing during the early trade on Thursday, with Adani Energy and Adani Enterprises tumbling 20 per cent, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The stock of the group's flagship firm Adani Enterprises plunged 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.17 per cent, Adani Total Gas tumbled 18.14 per cent, Adani Power slumped 17.79 per cent, and Adani Ports dived 15 per cent on the BSE.

479 farmers die by suicide in Mar, April alone in Maha!

479 farmers die by suicide in Mar, April alone in Maha!

Rediff.com4 Jul 2025

Maharashtra reported 479 farmer suicides in March and April, with financial aid eligibility being assessed for the affected families.

Rs 2,000 notes worth Rs 1.80 lakh crore have come back in banks: Das

Rs 2,000 notes worth Rs 1.80 lakh crore have come back in banks: Das

Rediff.com8 Jun 2023

Reserve Bank Governor Shaktikanta Das on Thursday said about 50 per cent of Rs 2,000 notes in circulation has come back in the banking system since the RBI announced withdrawal of the highest denomination currency last month. As on March 31, 2023, he said, Rs 2,000 notes worth Rs 3.62 lakh crore were in circulation. "So far, Rs 1.80 lakh crore have come back after the announcement," he said during an interaction with media after releasing the bi-monthly monetary policy here.

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Manufacturing sector pulls down GDP growth to 7.4% in Q4; FY25 growth to 6.5%

Rediff.com30 May 2025

India's economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.

AI Doesn't Scare India's Job Seekers!

AI Doesn't Scare India's Job Seekers!

Rediff.com28 Jul 2025

Among fresher job seekers, one in three believes AI will create more jobs.

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

RBI says 88% of Rs 2,000 notes valued at Rs 3.14 lakh crore have returned to banks

RBI says 88% of Rs 2,000 notes valued at Rs 3.14 lakh crore have returned to banks

Rediff.com1 Aug 2023

As much as 88 per cent of the Rs 2,000 currency notes have either been deposited or exchanged at banks, and only Rs 42,000 crore worth of such notes are with public as on July 31, the Reserve Bank of India (RBI) said on Tuesday. The last date to exchange/deposit Rs 2,000 denomination notes is September 30. In value terms, Rs 2,000 notes in circulation has come down to Rs 42,000 crore as on July from Rs 3.56 lakh crore on the day of announcement of withdrawal on May 19.

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Rediff.com8 Apr 2024

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.

Union Budget 2025: Key numbers to be watched

Union Budget 2025: Key numbers to be watched

Rediff.com30 Jan 2025

Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which had been in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth.

'Tax To Pay If My Salary Is Rs...?'

'Tax To Pay If My Salary Is Rs...?'

Rediff.com18 Feb 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Global funds' asset under custody see second-worst plunge amid market rout

Global funds' asset under custody see second-worst plunge amid market rout

Rediff.com12 Mar 2025

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.

HCL Tech Q3 net profit up 6.2% to Rs 4,350 cr

HCL Tech Q3 net profit up 6.2% to Rs 4,350 cr

Rediff.com12 Jan 2024

IT company HCL Tech reported a 6.2 per cent increase in consolidated net profit at Rs 4,350 crore, highest ever on a quarterly basis, in the third quarter ended December 31. The company had posted a net profit of Rs 4,096 crore in the same period a year ago, HCL Tech said in a regulatory filing.

IPL 2025: Meet The Delhi Capitals Squad

IPL 2025: Meet The Delhi Capitals Squad

Rediff.com26 Nov 2024

The Delhi Capitals have made significant strides in their pursuit of IPL glory, assembling a formidable squad for the 2025 season.

India's GDP to grow 6.4% in 2024-25, slowest in 4 years

India's GDP to grow 6.4% in 2024-25, slowest in 4 years

Rediff.com7 Jan 2025

India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday. The gross domestic product (GDP) rate of 6.4 per cent will be the lowest since the Covid year (2020-21) when the country witnessed a negative growth of 5.8 per cent.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.