'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
Training his guns directly at the Kerala Chief Minister and the Left wing Students Federation of India, Kerala Governor Arif Mohammed Khan on Tuesday claimed that his car was 'attacked' by Students' Federation of India (SFI) activists at the behest of Chief Minister Pinarayi Vijayan.
In the post-match press conference, Iyer was quizzed about short ball being a problem for him and Iyer, in reply, snapped at the reporter saying: 'When you say it's a problem for me what do you mean?'
A high performance drilling machine was brought in Uttarkashi from Indore on Saturday to pierce through the rubble of the collapsed tunnel on the Char Dham route and was being assembled before it is deployed to resume drilling, officials at the site said.
The court will also rule on Khan's appeal against the trial court verdict that said his offence fell under the "rarest of the rare category", warranting the maximum sentence and that he be "hanged by the neck" till death.
The bills that repeal and replace the Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act will usher in a new era in the criminal justice system, Home Minister Amit Shah said
Frustration continues to mount over the prolonged mobile internet suspension with a Senapati district-based Naga students body imposing highway blockade over the issue since October 5.
Fundraising through the issuance of shares to qualified institutional investors has seen hectic activity in the first half of the current fiscal year (FY24), with 20 companies mobilising over Rs 18,400 crore, more than four-fold from the year-ago period, on positive investors' sentiments. Moreover, the robust trend of Qualified Institutional Placements (QIPs) in the first half of the fiscal year 2023-24 is expected to persist throughout the second half of the year too, Sanjay Moorjani, Research Analyst at SAMCO Securities, told PTI. Prashant Rao, director and head of equity capital markets, Anand Rathi Investment Banking, said that market and investor sentiments play an important role for these issuances.
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
The Indian Air Force's move comes over a year after the Navy made changes in its ensign shedding its colonial past.
The CJI also dealt with the principle of affirmative action by the state and said it was meant to achieve broader equality and was not against the right to equality.
The clarification by the top court, which had in 2018 banned the bursting of conventional firecrackers to curb air and sound pollution, will have ramifications across the nation.
...close to the 2024 general election. The BJP calling the Congress 'seasonal Hindu' is as laughable as the saffron party sparing itself the title of 'seasonal extreme Hindu.'
How else should one describe its election campaigns of the past years?
It was typically obsessive religion and personality cult with economic development for fig leaf, asserts Shyam G Menon.
According to the Qatar government, the agreement includes the release of 50 civilian women and children hostages currently held in the Gaza Strip in exchange for the release of a number of Palestinian women and children detained in Israeli prisons, the number of those released will be increased in later stages of implementing the agreement.
The sharp surge in investment accounts (folios) in midcap and smallcap mutual funds (MF) in recent months is likely driven by the do-it-yourself (DIY) investors. In the first five months of the present financial year (FY 2024), net folio additions in direct MF plans (4.5 million) has outpaced that in regular plans (3.9 million), contrary to the trend seen in the previous three six-month periods. The net folio additions in direct plans in the five-month period (April-August 2023) is 40 per cent higher than the total additions made in the previous six month period.
Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.
Progressive Party of Maldives (PPM) candidate Mohamed Muizzu, won the Maldivian presidential elections on Saturday, Al Jazeera reported citing local media.
Around 25 buses carrying Trinamool Congress volunteers set out from Kolkata on Saturday for the planned protest programme in Delhi on October 3 against the alleged withholding of funds by the Centre, party leaders said.
Left-arm spinner Shams Mulani grabbed a match haul of 10 wickets as Mumbai defeated Andhra by 10 wickets to secure a successive bonus-point victory in the Ranji Trophy in Mumbai on Monday.
The father of the man arrested for allegedly raping a 12-year-old girl in Ujjain on Friday demanded capital punishment for his son, while the local bar association appealed that no lawyer should defend him in the court.
Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. So far this calendar year, the selling stands at over Rs 87,400 crore, 2.2 times the Rs 39,700 crore worth of shares sold by promoters and PE/VCs in 2022. This year's tally has received a boost from stake sales by Adani group promoters.
The Railway Men is a compelling watch; the subject is handled with seriousness and respect without going overboard with the dramatic impact, observes Mayur Sanap.
Senior Trinamool Congress leader Abhishek Banerjee on Friday said he will participate in the party's protest programme in New Delhi on October 3, a day after he was summoned by the Enforcement Directorate (ED) for questioning in connection with the school jobs scam in Kolkata on the same day.
The committee will be headed by IGP (administration) K Jayanta, the order said, adding that it will "submit the report at the earliest."
Violent protests over the death of two youths in Manipur continued till the early hours of Thursday with a mob vandalising the deputy commissioner's office in Imphal West and torching two four-wheelers, officials said.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Delhi Capitals captain David Warner rued his side's poor batting approach after they were knocked out of IPL play-offs contention following a 31-run defeat to Punjab Kings, in Delhi, on Saturday.
The combined net profit of "early bird" companies, those that have declared their quarterly results, rose for the third consecutive quarter in July-September 2023 (Q2FY24). But the figures suggest a continued slowdown in revenue growth and stagnation in earnings over recent quarters. This slowdown is severe for companies in the manufacturing and non-financial service sectors.
Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
Entities belonging to the Burman family, the promoter of Dabur India, on Monday announced a Rs 2,116 crore open offer to shareholders of Religare Enterprises Ltd (REL) to acquire up to an additional 26 per cent stake in the company as part of its strategy to enter the financial services space. Post the open offer, the family's stake in the financial services firm is expected to increase to 51 per cent. The open offer is made to increase the family's stake and take control of REL and this will mark the entry of Burmans into the financial services space.
Shafiulla, in his resignation letter to the JD-S Karnataka president said that he had opted to stay outside the party for the period during which the state unit of the party had joined with the BJP to form the state government.
'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'
'...by directing these draconian provisions against political and ideological opponents of the ruling group, minorities, and those who dare to dissent through and selective prosecution and prolonged incarceration as undertrials.'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The IAF Chief released the new ensign at the 91st IAF Day celebrations in Uttar Pradesh's Prayagraj.
The Indian cricket team's chief selector Ajit Agarkar lauded the 28-year-old chinaman spinner Kuldeep Yadav and said that he will be one of the trump cards for the Men in Blue in the ODI WC.
'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
Bangladeshis on Sunday began voting in the general elections expected to be won by Prime Minister Sheikh Hasina in the absence of the main Opposition Bangladesh Nationalist Party (BNP) which is boycotting it.
The women's Reservation Bill is likely to be introduced in the Lok Sabha on Tuesday during the ongoing special session of the Parliament and in Rajya Sabha on September 21, government sources said.
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