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CMs of 10 states skip Niti meet, Nitish busy with...., says CEO

CMs of 10 states skip Niti meet, Nitish busy with...., says CEO

Rediff.com27 Jul 2024

The meeting was attended by 26 participants including Chief Ministers and Lt Governors of UTs, he said while briefing the media.

Viksit Bharat@2047 is an ambition of every Indian: PM

Viksit Bharat@2047 is an ambition of every Indian: PM

Rediff.com27 Jul 2024

Making India a developed nation by 2047 is an ambition of every Indian, and states can play an active role in achieving this aim as they are directly connected with the people, Prime Minister Narendra Modi said on Saturday. Modi is chairing the 9th Governing Council meeting of NITI Aayog.

2 BSF battalions shifted from Odisha to Jammu amid surge in terror attacks

2 BSF battalions shifted from Odisha to Jammu amid surge in terror attacks

Rediff.com27 Jul 2024

The troops of these two units are expected to be based in Samba and near the Jammu-Punjab border, the sources said.

Soldier killed, 4 hurt as Army foils Pak border force attack along LoC

Soldier killed, 4 hurt as Army foils Pak border force attack along LoC

Rediff.com27 Jul 2024

A Pakistani intruder was also killed in the exchange of fire, they added.

One Gaganyan astronaut to join ISS mission with NASA: Govt

One Gaganyan astronaut to join ISS mission with NASA: Govt

Rediff.com27 Jul 2024

In a written reply, Singh said NASA has identified a private entity Axiom Space and ISRO had signed a Space Flight Agreement with the American firm for the joint mission to the International Space Station.

Olympics Movies That Will Amaze You

Olympics Movies That Will Amaze You

Rediff.com27 Jul 2024

Sports films have their own unique charm, but those centered on the Olympics and Olympians stand apart, depicting unparalleled tales of grit, guts, gumption, and glory.

NTA declares final NEET-UG results, toppers down to 17 from 61

NTA declares final NEET-UG results, toppers down to 17 from 61

Rediff.com26 Jul 2024

"The re-revised score cards are live now," a senior NTA official said.

RJD MLC expelled from House for mimicking CM Nitish Kumar

RJD MLC expelled from House for mimicking CM Nitish Kumar

Rediff.com26 Jul 2024

Singh, considered close to RJD president Lalu Prasad and his family, was charged with raising slogans against Chief Minister Nitish Kumar on February 13, during a heated exchange in the House.

Many Oppn CMs to stay away from Modi's Niti Aayog meet

Many Oppn CMs to stay away from Modi's Niti Aayog meet

Rediff.com26 Jul 2024

Chief ministers of three Congress-ruled states -- Karnataka's Siddaramaiah, Himachal Pradesh's Sukhvinder Singh Sukhu and Telangana's Revanth Reddy -- have announced they will not attend the NITI Aayog meeting over alleged bias against their states in the Union Budget.

JD-U-BJP-TDP alliance held together by....: Minister Rajiv Ranjan

JD-U-BJP-TDP alliance held together by....: Minister Rajiv Ranjan

Rediff.com26 Jul 2024

Singh targeted the Congress using a 'snakes and ladders' analogy, saying the party will fall to zero from 99 after being bitten by a snake -- referring to the grand old party winning 99 seats in the Lok Sabha polls.

TDS on income from G-sec unlikely to impact retail participation

TDS on income from G-sec unlikely to impact retail participation

Rediff.com26 Jul 2024

The introduction of tax deducted at source (TDS) on income from central government securities and state bonds may not lead to a significant effect on retail participation, according to market participants. The Union Budget proposed that starting October 1, 2024, investors may face a 10 per cent TDS on investments in central government securities and state development loans (SDLs). "Last Budget, TDS on interest on securities was reintroduced.

SC notice to Centre, governors on pleas by Kerala, Bengal

SC notice to Centre, governors on pleas by Kerala, Bengal

Rediff.com26 Jul 2024

In a significant development, the Supreme Court on Friday agreed to consider the separate pleas of opposition-ruled Kerala and West Bengal, alleging the denial of assent to bills passed by the respective legislative assemblies.

On Kargil Vijay Diwas, Modi hails Agnipath, targets Opposition

On Kargil Vijay Diwas, Modi hails Agnipath, targets Opposition

Rediff.com26 Jul 2024

Prime Minister Narendra Modi on Friday said the Agnipath scheme is an example of necessary reforms undertaken by the Army and accused the opposition of playing politics over the recruitment process aimed at keeping the average age in armed forces young.

Multiple triggers ahead for affordable housing finance companies

Multiple triggers ahead for affordable housing finance companies

Rediff.com26 Jul 2024

Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).

PIX: Paris all set for dazzling Olympics opening!

PIX: Paris all set for dazzling Olympics opening!

Rediff.com26 Jul 2024

A procession of barges will take nearly 7,000 athletes along the river past Paris's most famous landmarks, while more than 300,000 spectators will watch from the banks.

'Middle Class Won't Be Affected By Indexation'

'Middle Class Won't Be Affected By Indexation'

Rediff.com26 Jul 2024

'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'

Modi Bluster Missing From Budget

Modi Bluster Missing From Budget

Rediff.com26 Jul 2024

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.

'Crazy' Opening Ceremony To Kick-off Paris Olympics

'Crazy' Opening Ceremony To Kick-off Paris Olympics

Rediff.com26 Jul 2024

Up to three billion people are expected to tune in for the opening ceremony in Paris.

Budget Encourages Gold Rush

Budget Encourages Gold Rush

Rediff.com26 Jul 2024

'Customers are coming in; if they aren't buying, they are at least visiting the stores, which was not the case before the Budget.'

Kamala Harris: Her Life In Photos

Kamala Harris: Her Life In Photos

Rediff.com26 Jul 2024

A peek into the life of United States Vice President Kamala Harris, the likely Democratic presidential nominee.

Kargil@25: Lessons Learnt

Kargil@25: Lessons Learnt

Rediff.com26 Jul 2024

India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.

Court of Arbitration for Sport dismisses Russian appeal over Valieva medal

Court of Arbitration for Sport dismisses Russian appeal over Valieva medal

Rediff.com26 Jul 2024

The CAS banned teenage figure skater Kamila Valieva in January for four years for doping, effective from December 2021, a decision that also stripped the Russian Olympic Committee of its gold medal in the team event at the 2022 Games, nearly two years after the competition.

Channi's reference to Amritpal triggers row in LS

Channi's reference to Amritpal triggers row in LS

Rediff.com25 Jul 2024

The Lok Sabha was adjourned twice in the post-lunch period on Thursday as a war of words broke out between the treasury and opposition benches, triggered by Congress MP Charanjit Singh Channi's spat with the Bharatiya Janata Party's Ravneet Singh Bittu.

Took 5 decades to realise mistake: HC on barring govt staff from joining RSS

Took 5 decades to realise mistake: HC on barring govt staff from joining RSS

Rediff.com25 Jul 2024

The Madhya Pradesh high court on Thursday said it took the Union government nearly five decades to realise that an "internationally renowned" organisation like Rashtriya Swayamsevak Sangh was wrongly placed in the list of organisations banned for government employees.

US disappointed over 'symbolism and timing' of Modi's Russia trip

US disappointed over 'symbolism and timing' of Modi's Russia trip

Rediff.com25 Jul 2024

The US is looking very carefully at what Modi did when he was in Moscow, a senior State Department official has told lawmakers concerned over the growing India-Russia ties.

Union Budget 2024 remains largely neutral for stock markets in India

Union Budget 2024 remains largely neutral for stock markets in India

Rediff.com25 Jul 2024

Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer

'No Sunset Clause For Old Tax Regime'

'No Sunset Clause For Old Tax Regime'

Rediff.com25 Jul 2024

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'

Amid rumblings in alliance, Ajit Pawar meets Amit Shah

Amid rumblings in alliance, Ajit Pawar meets Amit Shah

Rediff.com25 Jul 2024

Maharashtra Deputy Chief Minister Ajit Pawar, who heads the Nationalist Congress Party (NCP), has held a meeting with Union Home Minister and senior Bharatiya Janata Party (BJP) leader Amit Shah in Delhi.

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

Why Nagaland Is Baying For Army's Blood

Why Nagaland Is Baying For Army's Blood

Rediff.com25 Jul 2024

'It is in the interest of China and Pakistan to give a bad name to the Indian Army and remove AFSPA 'completely' from the north east.' 'Hopefully, better sense will prevail and the ground realities of the army countering insurgency in the north east acknowledged,' asserts Lieutenant General Prakash Katoch (retd).

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Anger And Loathing Against Netanyahu

Anger And Loathing Against Netanyahu

Rediff.com25 Jul 2024

Angry protests on Capitol Hill in Washington, DC greeted Israeli Prime Minister Benjamin Netanyahu who was to address a joint session of the United States Congress on Wednesday, July 24, 2024.

Rs 10,000 Crore War Chest To Fight Food Inflation

Rs 10,000 Crore War Chest To Fight Food Inflation

Rediff.com25 Jul 2024

The fund, the Budget documents say, will be used for maintaining a buffer stock of pulses, onions, and potatoes and sending sufficient amounts to markets.

Protestors burn US flag, raise Palestine's as Netanyahu addresses US Congress

Protestors burn US flag, raise Palestine's as Netanyahu addresses US Congress

Rediff.com25 Jul 2024

Pro-Palestinian protestors on Wednesday lowered an American flag and burned it down a few blocks away from the US Congress and hoisted a Palestine flag in its place.

Consumer goods firms likely to see an upswing after year of lull

Consumer goods firms likely to see an upswing after year of lull

Rediff.com24 Jul 2024

The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.

Oppn protests 'discriminatory' Budget; 'Viksit Bharat' dream, says BJP

Oppn protests 'discriminatory' Budget; 'Viksit Bharat' dream, says BJP

Rediff.com24 Jul 2024

Indian National Developmental Inclusive Alliance (INDIA) MPs, including Congress president Mallikarjun Kharge, Congress Parliamentary Party chief Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi, staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget.

You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

You dismissed the subject in just 10 words: Chidambaram cautions govt on inflation

Rediff.com24 Jul 2024

He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?

It is either jail or jahannum for terrorists: Minister

It is either jail or jahannum for terrorists: Minister

Rediff.com24 Jul 2024

Terrorists active in Jammu and Kashmir will either land in jail or be sent to jahannum (hell), Minister of State for Home Affairs Nityanand Rai said in the Rajya Sabha on Wednesday while asserting that the Modi government has zero tolerance for terrorism.

Ex-Agniveers to get 10% reservation, age relaxation in CAPFs

Ex-Agniveers to get 10% reservation, age relaxation in CAPFs

Rediff.com24 Jul 2024

A provision has been made for relaxation in the upper age limit and exemption from the Physical Efficiency Test in the recruitment to the post of constable (general duty) and rifleman in the CAPFs and Assam Rifles for ex-Agniveers, Minister of State for Home Affairs Nityanand Rai said in response to a written question.

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Rediff.com24 Jul 2024

Congress President and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday questioned Union Finance Minister Nirmala Sitharaman over the Union Budget and claimed that the plates of all states except Bihar and Andhra Pradesh were empty in the budget allocation.

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