Congress candidates lost their security deposits on all but three seats in the Delhi assembly polls as nearly 80 per cent of all contenders, including those contesting independently, forfeited their deposits.
Karnataka Chief Minister Siddaramaiah announced reservation for Muslims in supplying goods and services up to a value of Rs 1 crore to various government departments, corporations and institutions in the state budget for 2025-26. The budget also increased the value limit of government contracts in which Muslims can avail reservation to Rs 2 crore. The reservation to Muslims under 2B category is in addition to the Scheduled Caste, Scheduled Tribe, and Castes coming under Category-1, Category-2A. The budget also included various welfare schemes for minorities, including Rs 50,000 to support simple marriages and Rs 1,000 crore under the Chief Minister's Minority Colony Development Programme.
After several years of consolidation and price weakness, the cement industry may be moving towards a more stable phase. Pan-Indian, average cement prices have risen through the past three months consecutively.
'I am simply highlighting a wrongdoing. This is why my complaint has merit, and the chief minister has ordered an inquiry.'
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The party had won 67 seats in the 2025 assembly polls and 62 in the 2020 elections.
Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Historically, such substantial volumes have been absorbed by a buoyant block-deal market.
The Bharatiya Janata Party (BJP) has released the first part of its manifesto for the upcoming Delhi assembly elections, promising Rs 2,500 monthly aid for women, LPG cylinders at Rs 500, and Rs 2,500 pension for senior citizens. BJP president JP Nadda also assured that all existing public welfare schemes in Delhi will continue if the party is voted to power. The manifesto also includes a promise to implement the 'Ayushman Bharat' scheme in Delhi, providing additional health cover of Rs 5 lakh.
Why has the shift from ICE to electric slowed down despite initial enthusiasm?
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Roads, railways, and coal together are likely to account for 70 per cent of the government's takings from the upcoming second edition of the National Monetisation Pipeline (NMP), set to run from FY26 to FY30. In comparison, these three sectors are estimated to have contributed 66 per cent in the first edition of the NMP - FY22 to FY25.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000 crore for the current financial year.
Why has a Reddit user's post -- where the user warns that 'even an IIM tag won't save you' -- created a storm online?
Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.
Among Sensex shares, Infosys, Tata Consultancy Services, Tech Mahindra, Sun Pharmaceutical, Bajaj Finserv, HCL Technologies, Bajaj Finance, HDFC Bank, IndusInd Bank and Kotak Mahindra Bank were among the gainers. Tata Motors, PowerGrid, Axis Bank, State Bank of India, NTPC, Tata Steel and Adani Ports were the major laggards.
Glenmark Pharmaceuticals on Thursday said it will sell a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma Ltd for Rs 5,651.5 crore.
'By March-end, we should have closure of the PNC portfolio. After completion of PNC acquisition.'
In a case of moral policing, a woman was socially ostracized and fined Rs 5,000 for wearing salwar-kameez in Darrang district of Assam. The incident took place in Gongajani Kuwori village where villagers held a kangaroo court and decided to fine the woman, identified as Meghali Das, for her choice of clothing. Das has filed complaints with the police and civil administration, and officials are expected to visit the village to investigate the matter.
'I don't know when I will be able to access those funds.'
From dressing in colourful lehengas and sherwanis to dancing to Bollywood tunes during the baraat, these startups are offering an immersive journey into the world of Indian weddings.
Leaders who built and manage these incredible global companies cannot be tyrants, slave-drivers, or idiots. Essentially what they are saying falls under the definition of rallying the troops, inspirational talk, like the usual coach-speak with the team before a match, asserts Shekhar Gupta.
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.
The Ram Charan-Kiara Advani-starrer opened better than expected.
The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Tata Motors, IndusInd Bank, Reliance Industries, Larsen & Toubro, UltraTech Cement, HDFC Bank, Adani Ports and Bajaj Finserv were among the major laggards. On the other hand, Hindustan Unilever, Tech Mahindra, Nestle, Bharti Airtel and ICICI Bank were among the gainers.
rediffGURU T S Khurana answers readers' personal income tax queries.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
From the 30-share blue-chip pack, Bharti Airtel, Power Grid, Bajaj Finance, Nestle, Mahindra & Mahindra, Reliance Industries, Asian Paints, IndusInd Bank, Hindustan Unilever and HDFC Bank were the biggest gainers. Bajaj Finance climbed nearly 2 per cent after the company reported an 18 per cent increase in its consolidated net profit to Rs 4,308 crore for the December quarter.
At least 12 passengers were killed on Wednesday evening when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in North Maharashtra's Jalgaon district, officials said.
Ranji Trophy winners, who currently get a cheque of Rs 2 crore, will be receiving Rs 5 crore, while the runners-up and losing semi-finalists will get Rs 3 crores and Rs 1 crore respectively.
After earning Rs 730 crore* until Christmas (Rs 7.3 billion), the film is marching fast towards the Rs 800 crore (Rs 8 billion) mark.
Mumbai, which adds 37 per cent to the total direct tax mop-up, has reported tax collection of Rs 4.93 trillion so far, against the full-year target of Rs 5.35 trillion.
This will not affect the tax exemption provided to the amount received on the death of a person insured. It will also not affect insurance policies issued till March 31, 2023
Bharatiya Janata Party general secretary Vinod Tawde on Wednesday dismissed the allegations of distributing money to influence voters, saying he was well aware of the rules and not foolish to indulge in such an activity at the hotel of political opponents.
Sebi on Thursday sent a notice to fugitive businessman Mehul Choksi asking him to pay Rs 5.35 crore in a case pertaining to fraudulent trading in the shares of Gitanjali Gems Ltd and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days. The demand notice came after Choksi failed to pay a fine imposed on him by the Securities and Exchange Board of India (Sebi). Choksi, who was the chairman and managing director as well as part of promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi.
West Bengal Chief Minister Mamata Banerjee alleged that some of the 95 Indian fishermen released by Bangladesh after being arrested for illegally entering its waters were beaten up in jail. Banerjee, who was in Sagar Island to oversee preparations for the upcoming Ganga Sagar Mela, felicitated the fishermen and described them as "victims of circumstances". She said some fishermen were limping and told her they were assaulted in jail with their hands tied, resulting in injuries below the waist and legs. She also announced two schemes to help fishermen in the state: 'Samudra Sathi' and 'Matsajibi Bandhu'.
All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...
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