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rediff Business



India's largest news and entertainment service online.



Published: Tue, 24 Apr 2018 22:06:01 GMT

Copyright: Copyright: (C) 2011 Rediff.com India Limited. All Rights Reserved.
 



Airtel Q4 net profit tumbles 78% to Rs 83 crore
Total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18



Sensex gains for 2nd day, Nifty tops 10,600-level
An appreciating rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend



US plans to end work permits for spouses of H-1B visa holders
H-4 is issued to the spouse of H-1B visa holders, a significantly large number of whom are high-skilled professionals from India.



90,000 ATMs across India will soon dispense Rs 200 notes
About 200,000 ATMs can dispense the new series of Rs 500 notes



Oil import bill likely to cross $100 billion mark in FY19
The price of petrol breached a three-year high on Monday at Rs 74.50 a litre, while the price of diesel was at its highest at Rs 65.75 a litre



Outsiders will soon be able to become trade union leaders
The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.



Panel suggestions likely to lessen farmers' woes
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.



A new milestone in protection of consumer rights
Overbooking by an airline cannot be done ignoring the sense of duty or liability towards passengers with confirmed tickets, the national commission ruled.



South growing but Bihar, UP pulling India down: Niti chief
Speaking at the first Khan Abdul Gaffar Khan Memorial Lecture at Jamia Millia Islamia University, Amitabh Kant said, "The eastern part of India, particularly states like Bihar, UP, Chhattisgarh, Madhya Pradesh and Rajasthan, is keeping India backward, especially on social indicators. While we have improved on ease of doing business, we have remained backward on human development index. We are still 131 out of 188 countries in HDI."



Modi's re-election and the road ahead for the stockmarket
The 'Indian story' will be badly damaged if the Modi government is not re-elected, argues investment banker Christopher Wood.



DON'T CHEAT while filing IT returns
If your case is picked up for random scrutiny, any of the tricks that you or your financial advisor may have used to avoid tax will be easily detected.



Danone's exit shows challenges global dairy firms face in India
The Rs 1-trillion organised dairy market is dominated by co-operatives in almost every state.



BMW X1 is a good package overall
Like any BMW, the X1 has its dynamics well sorted, writes Indian automobile website MotorBeam.com.



With $69 bn, India tops remittances chart for 2017
The stronger-than-expected recovery in remittances -- payments that are key to supporting the economies of many poor countries -- was driven by growth in Europe, Russia, and the United States.



Will real estate stocks return 37% this year?
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.