'They contest to ensure they win the election.'
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'
'Her story, her life, her aspirations and struggles...' 'Indian weddings are not just about fuschia, pink and dancing. They have many nuances.'
United States President Donald Trump on Sunday criticised the trade deficits that the US has with Canada, Mexico, China, and argued that America should no longer 'subsidise' other countries, and urged businesses to manufacture domestically to avoid tariffs.
'We will be very, very proactive in providing whatever liquidity requirements are needed.'
Billionaire Gautam Adani's younger son Jeet on Friday married fiance Diva Shah at a small and intimate, traditional ceremony with a close group of friends and family in attendance.
The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.
After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.
February is the month of Valentine's Day and expectedly, there are quite a few romantic films coming up.
'The finance minister has done as much as she can when you look into the fiscal constraints she had.'
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'
The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.
'It is our duty to keep space sustainable and free of debris.'
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.
'Our vision is to become a GenAI managed services provider.'
Take purposeful breaks, practise self care, advises Sweta Bothra, lead psychologist at Amaha Health.
'If you are not prudent, you may exceed your budget, and if it happens too often, you may end up in debt.'
Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.
'Our fractured world has been embroiled in wars and hatred, and many sessions reflect these concerns.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
If it was Andhra Pradesh last Budget, it's poll-bound Bihar that has now turned to Centre with a list of demands. How the NDA government is delivering on promises.
The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.
Former UK Prime Minister Rishi Sunak has taken on new academic roles at the University of Oxford and Stanford University, both alma maters of the Conservative Party member of Parliament. Sunak will join Oxford's Blavatnik School of Government as a member of the World Leaders Circle and a Distinguished Fellow, while at Stanford, he will be the William C Edwards Distinguished Visiting Fellow at the Hoover Institution. Sunak expressed his enthusiasm for contributing to both institutions, highlighting their leading research in global challenges, economic policy, and technological advancements. He emphasized the significance of his education at both universities in shaping his life and career. The appointments have been welcomed by both institutions, with leaders praising Sunak's expertise and experience in global affairs and economic policy.
India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.
Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.
After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog's decision and plans to appeal. The Competition Commission of India (CCI) on Monday asked WhatsApp to refrain from sharing user data with other applications, owned by Meta, for advertising purposes for a period of five years.
'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
My patient was my 86-year-old father hospitalised for the first time in his life.
Four siblings from Gorakhpur have run away from home to set up a tea and snacks stall at the Maha Kumbh in Prayagraj. The siblings, who are all students, were inspired by a video they saw of people making good profits at the Kumbh. They borrowed money from a friend and pawned their belongings to start the stall.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
'We give them problems so that they can come up with solutions using the technological skills they have learnt.' 'In fact, changemaking and problem solving are interchangeable, in a way.'
Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.