Shine Jacob, Business Standard

Stories by Shine Jacob, Business Standard

NFO collections shrink in 2022 as new equity fund launches dry up

NFO collections shrink in 2022 as new equity fund launches dry up

Rediff.com   28 Dec 2022

Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches this year eclipsing the 2021 tally. Industry insiders cite the absence of launches in popular categories as the reason behind lower collections this year. Typically, only NFOs in popular categories from major fund houses rake in the moolah.

Nasal Covid Vaccine Available In Jan

Nasal Covid Vaccine Available In Jan

Rediff.com   28 Dec 2022

The vaccine would not have production scalability issues unlike Covaxin, Bharat Biotech's COVID-19 virus vaccine.

'It's incredibly important Big Tech is at the table'

'It's incredibly important Big Tech is at the table'

Rediff.com   27 Dec 2022

'...helping the government, citizens, and companies get the balance right.' 'As great as technology is, these are societal questions, not just technical ones.'

Why Does Supreme Court Have Few Lady Judges?

Why Does Supreme Court Have Few Lady Judges?

Rediff.com   27 Dec 2022

In the high courts, only 13.2 per cent women occupied the position of judge.

63.3% IT Returns Filed For Rs 5 Lakh Or Less

63.3% IT Returns Filed For Rs 5 Lakh Or Less

Rediff.com   27 Dec 2022

Assessment year 2020-2021 saw returns filed fall to 69.7 million and stood at 71.4 million in assessment year 2021-2022.

Online Gaming: Age Verification Coming!

Online Gaming: Age Verification Coming!

Rediff.com   26 Dec 2022

Gaming platforms will also be required to display a warning after a certain time of usage to reduce the risk of addiction.

Akasa, Jet 2.0: Tough Path Ahead

Akasa, Jet 2.0: Tough Path Ahead

Rediff.com   26 Dec 2022

'I hope they all survive, but it is a tough world.' 'The carriers who are already established are already struggling.'

How FYUP Will Benefit Undergrads

How FYUP Will Benefit Undergrads

Rediff.com   26 Dec 2022

'If the FYUP is making the child employable, then we will have to ensure that learning on the job is integrated.' 'And also ensure that by the time they end FYUP they are completely employable.'

Guess How Much IPL Brand Value Is!

Guess How Much IPL Brand Value Is!

Rediff.com   23 Dec 2022

The IPL brand value, according to the international brand valuation firm, touched $8.4 billion in 2022 versus $4.7 billion reported in 2021.

'Cybercrime has surpassed drug trafficking'

'Cybercrime has surpassed drug trafficking'

Rediff.com   22 Dec 2022

Financial institutions are 300 times more vulnerable to cyberattacks than any other industry.

FPIs Pull Out A Record Rs 1.22 Trillion!

FPIs Pull Out A Record Rs 1.22 Trillion!

Rediff.com   22 Dec 2022

FPIs have turned net sellers in 2022 after being net buyers in the last three years.

File Tax Return By Dec 31 If You Haven't

File Tax Return By Dec 31 If You Haven't

Rediff.com   21 Dec 2022

'By filing a belated return, you can avoid the consequences of non-disclosure of income.' 'You can also avoid a notice from the I-T department for not filing an ITR.'

India may become a supply hub for Apple iPhone

India may become a supply hub for Apple iPhone

Rediff.com   20 Dec 2022

If reports that Apple Inc plans to triple its iPhone production in India come true, it is likely to help the country become a supply hub for the American company. There are some 190 Apple suppliers globally, but only 12 have manufacturing facilities in India now. Apple's strategy is to focus on India and a clutch of other countries as it diversifies its supply chain out of China.

Where Indians Want To Travel To

Where Indians Want To Travel To

Rediff.com   20 Dec 2022

Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.

How Will The Markets Pan Out In 2023?

How Will The Markets Pan Out In 2023?

Rediff.com   19 Dec 2022

Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences.

'Huge desire among people to fly... leading to congestion'

'Huge desire among people to fly... leading to congestion'

Rediff.com   16 Dec 2022

'Airports must look at their maximum capacity to handle passengers.'

Should A Collegium Pick Election Commissioners?

Should A Collegium Pick Election Commissioners?

Rediff.com   9 Dec 2022

The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com   6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

'Long-term science is the only thing that works'

'Long-term science is the only thing that works'

Rediff.com   6 Dec 2022

'If we are to be a contributor to the economy, we have to reduce carbon and imports.' 'We will achieve both -- that's our target.'

Property Sale: NRIs Can Repatriate Funds

Property Sale: NRIs Can Repatriate Funds

Rediff.com   5 Dec 2022

NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.