rediffGURU Nayagam PP counsels students on how to pick the right course and career.
New business premium (NBP) growth of life insurers in March is expected to be weak owing to the high base effect in the year-ago period due to revision in taxation norms for high-value policies, insurers said. In the Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit-linked insurance plans or Ulips) with an aggregate premium exceeding Rs 5 lakh would be taxed. This rule came into effect on April 1, 2023. In March 2023, the NBP of life insurance companies witnessed a strong growth after the tax announcement. Premiums rose by 14.45 per cent year-on-year (Y-o-Y) to Rs 59,608.83 crore in March 2023 from Rs 52,081.12 crore.
Trump will stay at the 'Chanakya' suite of the hotel, which has hosted the likes of former US presidents George Bush and Barack Obama.
Even as large fast moving consumer goods companies like Hindustan Unilever and ITC struggle with their volume growth, mid-tier FMCG companies like Godrej Consumer Products, Marico, Dabur and Nestle have reported strong spurts in volumes as they focus on inorganic growth and rural markets, according to industry experts.
Keeping in mind the growing patronage of AC 3-tier coaches, Railways are planning to increase their number in existing trains to reduce the swelling waiting lists.
Andrea Binaghi, who has headed the Italian tennis federation (FITP) since 2001, pointed to reforms over the last 10-15 years to decentralise the coaching system and offer more financial, technical and psychological support to young talent.
We are, therefore, setting up more branches in more tertiary terms, like tier 2 and tier 3 terms. Going forward, that is where the growth will come.
Without belittling the poised run of the Proteas, Afghanistan have been the revelation of this ICC showpiece.
Traction for its specialty portfolio, a strong showing in the domestic market, and better regulatory compliance are positives for the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries. Given the triggers, some brokerages have increased their earnings per share estimates and target price for 2024-25 (FY25). This should sustain the momentum for the stock, which has been one of the major pharma gainers in 2023-24 (FY24), rising 57 per cent. It is currently trading at Rs 1,547 per share.
'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'
A ticket for the marquee World Cup semi-final match at Eden Gardens will cost a minimum Rs 900, the Cricket Association of Bengal (CAB) said on Monday.
With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower discretionary spend and macro uncertainty, many are hoping FY25 will be a year of recovery for the information-technology (IT) industry. The fourth quarter, January-March, is considered soft, and will continue to see the headwinds the sector has been facing. And the sector has entered the new financial year on a weak footing. Analysts are expecting Tier-I firms to report sequential growth of -1 per cent to 1.5 per cent and midcap players' growth may range between 0.7 per cent and 4 per cent.
News of all that's transpired on and off the football fieLd
A preview of the Euro 2024 Final between England and Spain
New Zealand Cricket will send a security delegation to Pakistan ahead of their five-match T20I series in April this year.
SpiceJet will begin regional operations from Tier-2 and 3 cities like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and Indore using the Bombardier Q400 Next Gen turboprop aircraft.
The United States would focus on tier II and III cities in India for increasing trade as they offer huge business potential, US Commercial Consul for South India Aileen Nandi has said.
Determined defending and unstinting effort kept the League Two team in the game against opponents lying second in the Premier League, almost 70 places above them.
Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore.
Bharti Retail, a subsidiary of the Delhi-based Mittal group, has tied up with Wal-Mart
India's largest life insurer, Life Insurance Corporation of India (LIC) reported encouraging performance in the January-March quarter (Q4) of FY24. Total annual premium equivalent (APE) was at Rs 21,180 crore, up 10.7 per cent year-on-year (Y-o-Y), with group APE of Rs 3,890 crore, up 60 per cent Y-o-Y, though individual APE contracted 2.1 per cent Y-o-Y. The participatory book contracted 20.2 per cent Y-o-Y, but the non-par grew by 206 per cent to Rs 3,740 crore.
David Moyes continued his unbeaten start at Real Sociedad when he rested a host of regulars in a 0-0 draw at third-tier Real Oviedo in a King's Cup last-32, first-leg match on Thursday.
Young Indian Grandmaster R Praggnanandhaa on Friday called for a robust financial backing for chess, debunking the common concept that players require minimal monetary support to train and excel in the sport.
Large Indian IT services companies are expected to report "muted" sequential show in a traditionally strong second quarter, as macroeconomic challenges continue to weigh on global discretionary spending, say market watchers. The big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October 11, and both Infosys and HCL Technologies on October 12. Wipro is slated to declare its Q2FY24 results next week, on October 18.
In 2018, the AIFF officially said that it was investigating match-fixing approaches made to players from the Minerva Punjab Football Club during the I-League.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Not only the new-look coaches will carry more passengers with more comfort, plans are also underway with railway ministry revamping catering and other facilities on trains and stations to make them more tourist-friendly.
ESU coach Ngampao Kipgen, a member of the Kuki tribe, told Reuters he was forced to flee to the hills with his family after his house was burned down.
Talking about the ICC T20 World Cup in the West Indies/US this year and inclusion in 2028 Los Angeles Olympics, he said that the T20 World Cup in New York will be driven by expats.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
PVR Cinemas announced on Tuesday its foray into tier II and tier III cities of the country with 'PVR Talkies' and said it would be investing Rs 200 crore (Rs 2 billion) over the next three years towards its expansion. \n
Holders Manchester City beat Chelsea 1-0 with a late Bernardo Silva goal on Saturday to reach the FA Cup final after an absorbing end-to-end Wembley semi-final left the exhausted winners still chasing a domestic double.
'The sooner Kalyan Chaubey leaves, the better it is for Indian football'
Karnataka projects tier-II cities for IT growth
IMAGES from Day 4 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Thursday.
Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.
Sunil Chhetri stirred up emotions in his final international outing but the Indian football team just could not rise to the occasion as it settled for a goalless draw against Kuwait.
The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive retail lending. Besides, cost of funds for non-banking finance companies (NBFC) is expected to inch up as banks will pass on higher capital charge to NBFCs. "We believe the fallout of the RBI action will be mainly on growth, given the rising dependence on unsecured retail loans and lending to NBFCs for growth.
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