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Central Vista: SC rejects plea challenging Delhi HC order

Central Vista: SC rejects plea challenging Delhi HC order

Rediff.com29 Jun 2021

The Supreme Court on Tuesday dismissed a plea challenging the Delhi high court order which had rejected a public interest litigation (PIL) seeking to halt Central Vista construction work in view of the COVID pandemic.

HELP Satish Achieve His Dream

HELP Satish Achieve His Dream

Rediff.com29 Jun 2021

The one thing holding back the plucky youngster who has never hesitated to plunge into unknown territory, is funds

India records 54,069 new Covid cases, 1,321 deaths

India records 54,069 new Covid cases, 1,321 deaths

Rediff.com24 Jun 2021

The number of active cases has declined to 6,27,057 and is 2.08 per cent of the total infections.

Planning to Invest in ESG Funds?

Planning to Invest in ESG Funds?

Rediff.com24 Jun 2021

Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.

'Is it good to hold stock SIPs for long?'

'Is it good to hold stock SIPs for long?'

Rediff.com23 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Kartik gets into Brawl Stars mode!

Kartik gets into Brawl Stars mode!

Rediff.com21 Jun 2021

Popular multiplayer game Brawl Stars now has an Indian hero.

As cargo business grows, SpiceJet, IndiGo ready for new battle

As cargo business grows, SpiceJet, IndiGo ready for new battle

Rediff.com18 Jun 2021

Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.

There's no stopping India's start-up juggernaut

There's no stopping India's start-up juggernaut

Rediff.com17 Jun 2021

With 16 start-ups gaining unicorn status in 2021, India's tally has touched the 50 mark. The newest entrant to this list include Pune-based MindTickle, which is close to finalising a $100-million funding round from Softbank's Vision Fund 2, taking the company's valuation to $1.1 billion.

Mutual Fund SIP asset base touches all-time high at Rs 4.67 lakh cr in May

Mutual Fund SIP asset base touches all-time high at Rs 4.67 lakh cr in May

Rediff.com16 Jun 2021

Investor interest in the mutual fund industry as an avenue to generate long term wealth creation is rising with SIP's asset base touching an all-time high of Rs 4.67 lakh crore at May-end. Over the past five years, the systematic investment plan or SIP AUM has grown 30 per cent annually, twice as fast as the growth in the overall mutual fund industry's assets under management (AUM). According to data released by Association of Mutual Funds in India (Amfi) on Wednesday, SIP AUMs have seen a close to four-fold jump to Rs 4,67,366 crore as of May this year from Rs 1,25,394 crore as of August 2016.

Ayodhya deal: Sanjay Singh claims house 'attacked' by BJP supporters

Ayodhya deal: Sanjay Singh claims house 'attacked' by BJP supporters

Rediff.com15 Jun 2021

Taking to Twitter, Singh said, "My house has been attacked. Listen carefully BJP supporters, no matter how much hooliganism you indulge in, I will not allow the funds collected for constructing the Ram temple to be stolen even if I am killed."

Explained in 6 charts: India's bull run during Covid times

Explained in 6 charts: India's bull run during Covid times

Rediff.com9 Jun 2021

A lot of gains have been driven by foreign portfolio investors. Lower interest rates globally have forced foreign investors to seek avenues for growth. They have been net buyers to the tune of Rs 2.5 trillion over the trailing 12 months, including May, reports Sachin P Mampatta.

Why Young India Thinks Old

Why Young India Thinks Old

Rediff.com7 Jun 2021

'Three decades after liberalisation kicked off, my friend's son and niece -- both born well after that historic shift in economic policy -- find themselves newly off the beaten path for no fault than listening to their heart,' notes Shyam G Menon.

Modi, Xi capable of solving issues without outside help: Putin

Modi, Xi capable of solving issues without outside help: Putin

Rediff.com5 Jun 2021

Asserting that both Prime Minister Narendra Modi and Chinese President Xi Jinping are 'responsible' leaders, Russian President Vladimir Putin on Saturday said they both are capable of solving issues between the two countries, and that it was important that no 'extra-regional power' should interfere in the process.

Is Xi Scared of Tiananmen 1989?

Is Xi Scared of Tiananmen 1989?

Rediff.com4 Jun 2021

Why omit the Tiananmen massacre from the history of China's Communist party, asks Claude Arpi.

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Rediff.com3 Jun 2021

Airlines are slashing salaries and re-negotiating vendor contracts as drastic fall in passengers has hurt revenue. Go First has cut staff salaries by around 16 per cent while IndiGo and SpiceJet are enforcing a leave without pay (LWP) policy and pay by the hour structure respectively to prune expenses. Vistara, which reversed pay cuts for junior staff including managers and cabin crew in March, is not touching employee salaries at the moment and instead focusing on vendor renegotiation and maximising cargo revenue. An Air India executive said efforts are on to pay salaries by 7th or 8th of June.

Ask Anil: How to rectify tax-filing mistakes

Ask Anil: How to rectify tax-filing mistakes

Rediff.com3 Jun 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

HC verdict allowing Central Vista challenged in SC

HC verdict allowing Central Vista challenged in SC

Rediff.com2 Jun 2021

A plea was filed in the Supreme Court on Wednesday challenging the Delhi high court's May 31 verdict which dismissed a petition seeking to suspend all construction activity of the Central Vista Avenue redevelopment during the COVID-19 pandemic while describing it as a 'vital' and 'essential' project of national importance.

'False narrative': Govt clarifies on Central Vista, PM house plan

'False narrative': Govt clarifies on Central Vista, PM house plan

Rediff.com31 May 2021

Talking about the new prime minister's residence, Puri said no design has been finalised for it and only two projects -- the Parliament building and Central Vista Avenue -- are currently being executed at a cost of around Rs 1,300 crore.

Wanted! A National Security Strategy

Wanted! A National Security Strategy

Rediff.com31 May 2021

India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).

Worried about LTCG tax on your MF investments?

Worried about LTCG tax on your MF investments?

Rediff.com31 May 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Hospitals can't offer vaccine packages with hotels: Govt

Hospitals can't offer vaccine packages with hotels: Govt

Rediff.com30 May 2021

In a letter to all states and UTs, Additional Secretary to Health ministry Manohar Agnani said it has come to the notice of the Union health ministry that some private hospitals are giving package for Covid vaccination in collaboration with some hotels, which is against the guidelines issued for the National Covid Vaccination Program.

Investing in gold bonds? Read this

Investing in gold bonds? Read this

Rediff.com28 May 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Govt looking into securing part of J&J vaccines: Sources

Govt looking into securing part of J&J vaccines: Sources

Rediff.com26 May 2021

According to the sources, there are limited prospects of J&J exporting its vaccine from the US to other countries in the near future and the "entire production" at the BE facilities in India, beginning July/August, will be handed over to the pharma giant under a contract between the companies.

Trouble in Love Land? Love Guru's Here!

Trouble in Love Land? Love Guru's Here!

Rediff.com21 May 2021

Let Love Guru help.

Rs 155.95 bn: Foreign investors net sellers

Rs 155.95 bn: Foreign investors net sellers

Rediff.com21 May 2021

Only 10 per cent of stocks account for 93 per cent of investments.

Credit Suisse cuts nominal growth forecast

Credit Suisse cuts nominal growth forecast

Rediff.com20 May 2021

Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps to 13-14 per cent, but expects a stronger recovery in the second half as it sees the lockdowns having limited impact on tax collections. Last month, Neelkanth Mishra, the co-head of equity strategy for Credit Suisse Asia Pacific, and India equity strategist, had told PTI that he expected the real GDP to fall to 8.5-9 per cent in FY22 due to the more severe pandemic attack. The virus case load has crossed the 25-million mark, death toll from the same is nearing 2.9 lakh mark, which is one of the highest in the world as the test positivity rate has been around 15 per cent for long.

Cricket Australia contacts Bancroft over ball-tampering scandal

Cricket Australia contacts Bancroft over ball-tampering scandal

Rediff.com17 May 2021

Cricket Australia (CA) has asked batsman Cameron Bancroft if he has new information on the 2018 Cape Town scandal in the wake of his suggestion that the team's bowlers were aware of the ball-tampering tactics.

CoWIN portal in Hindi, other languages from next week: Govt

CoWIN portal in Hindi, other languages from next week: Govt

Rediff.com17 May 2021

The CoWIN portal will be made available in Hindi and 14 regional languages by next week, while 17 more laboratories will be added to the INSACOG network to monitor the variants of COVID-19, the health ministry said on Monday.

ASK AJIT: 'Accumulate', 'Hold' Or 'Exit'?

ASK AJIT: 'Accumulate', 'Hold' Or 'Exit'?

Rediff.com11 May 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries

Plea in Delhi HC seeks suspension of Central Vista project

Plea in Delhi HC seeks suspension of Central Vista project

Rediff.com4 May 2021

The plea also states that the petitioners are also questioning why or how the project constitutes an "essential service", merely because some executive mandated contractual deadline has to be met.

76.07% recorded in 8th and final phase of Bengal polls

76.07% recorded in 8th and final phase of Bengal polls

Rediff.com29 Apr 2021

Voting is being held at 11,860 polling stations spread over 11 assembly constituencies each in Murshidabad and Birbhum, six in Malda and seven in north Kolkata.

Umpire Menon pulls out of IPL; Reiffel's exit stalled

Umpire Menon pulls out of IPL; Reiffel's exit stalled

Rediff.com29 Apr 2021

Nitin Menon left the IPL bio-bubble after his wife and mother tested positive for COVID-19.

Tye questions money spent on IPL during pandemic

Tye questions money spent on IPL during pandemic

Rediff.com27 Apr 2021

'How are these companies and franchises spending so much money, and the government, on the IPL when there's people not being able to get accepted into hospital?'

Why bio-bubble life is so tough for cricketers...

Why bio-bubble life is so tough for cricketers...

Rediff.com23 Apr 2021

Life of a professional cricketer isn't easy and the COVID-19 pandemic has made things all the more difficult as movement off the field is strictly monitored, says mental conditioning coach Anand Chulani, who is working with several players in IPL 2021.

Seems human life is not important for State: HC on oxygen crisis

Seems human life is not important for State: HC on oxygen crisis

Rediff.com21 Apr 2021

'The steel and petrochemical industries are oxygen guzzlers and diverting oxygen from there can meet hospitals' requirements'

India-Pakistan: A New Beginning?

India-Pakistan: A New Beginning?

Rediff.com14 Apr 2021

'No prime minister of India is averse to normalise relations with Pakistan, if it is possible to do so without altering our fundamental position on Jammu and Kashmir,' notes Ambassador T P Sreenivasan.

'We will be prioritising vaccine only for India'

'We will be prioritising vaccine only for India'

Rediff.com14 Apr 2021

'I don't think anybody would want to be in my position today where every head of State has to be explained that I am prioritising my country because there is a surge in cases.'

'Many Indian cricketers want to play in The Hundred and other leagues'

'Many Indian cricketers want to play in The Hundred and other leagues'

Rediff.com2 Apr 2021

The Hundred is a franchise-based 100-ball cricket event that was supposed to start last year in England

Healthcare sector likely to reach $372 bn in 2022: Niti

Healthcare sector likely to reach $372 bn in 2022: Niti

Rediff.com30 Mar 2021

Healthcare has become one of the largest sectors of the Indian economy and is expected to reach $372 billion in 2022, according to a report by Niti Aayog released on Tuesday. The report outlined a range of investment opportunities in the country's healthcare sector across hospitals, pharmaceuticals and medical devices. The report, titled 'Investment Opportunities in India's Healthcare Sector', also said India's healthcare sector has the potential to generate 27 lakh jobs in India between 2017 and 2022 -- over 5 lakh new jobs per year.

Cash-rich companies may step up payouts to shareholders

Cash-rich companies may step up payouts to shareholders

Rediff.com29 Mar 2021

India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.

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