'My advice: Don't mark your portfolio to market every day. Focus on survival.'
In a series of tweets, the home minister also appealed to the affluent people to help the needy living nearby.
Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
India's merchandise exports dipped by about one per cent to $38.01 billion in December 2024 against $38.39 billion a year ago, according to government data released on Wednesday. Imports increased by 4.8 per cent to $59.95 billion in December 2024 compared to $57.15 billion in the year-ago month.
Apart from recruiting 18,000 women in state's police force, Thackeray said all female police stations will also be established in Maharashtra.
Fund houses have been barred from being net sellers or holding net short positions at the scheme level in commodities.
Among agriculture commodities, cash crops like cotton and castor are now emerging as asset classes.
Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.
Standing at the edge of Dholavira is witnessing history textbooks crammed in school coming to life. One is suddenly standing face to face with a 4,000-year-old civilisational site that is now but a ruin.
Once the world economy starts growing commodity prices will likely rise again so investing in a commodity-based mutual fund may not be a bad time to invest some of your money.
No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.
The opposition Maha Vikas Aghadi on Sunday released its manifesto for the Maharashtra assembly polls, promising free cervical cancer vaccines for girls aged 9 to 16 and and two optional leave days for women employees during menstruation.
There is no indication that the rally in the dollar is likely to end soon, says Sonali Ranade
Though there are many options, tread with caution even after you understand the business.
The previous fiscal year proved to be quite a contrast in some ways. While the year started with the banning of a few commodity futures contracts from the national bourses, it ended with the allowing of FDI/FII investment in the commodities sector and the amendment of the archaic Forward Contracts Regulation Act. Proactive measures were also undertaken by the government to give autonomy to the Forward Markets Commission.
'...over the long-term can be done only by investing in equities.' 'And during weak macros, one needs t1o allocate more than drawing it down, because they offer the best entry point.'
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
India's Parliamentary Standing Committee on Food and Consumer Affairs has called for a complete ban on futures trading in essential commodities like wheat, rice and sugar.
The success of recent IPOs and the stability in the secondary market are propelling many firms and investment bankers to remove their IPO plans.
FMC chairman S Sundareshan, while delivering a lecture on 'Commodity Future in India,' strongly advocated the participation of the crucial financial sector in commodities.
The bids on Rishabh Pant could well soar like his audacious no-look six in the ongoing Perth Test, as he seems poised to become the highest paid player among the 577 who will go under the hammer at the two-day IPL mega auction, starting in Jeddah on Sunday.
Within 50 years over half the global population will be living with water shortages. In fact, water shortages currently affect 80 countries and will affect 4 billion people by 2050.
Talking during the India Investment Show organised by myiris.com in association with ICICI Direct, Chiragra Chakrabarty, head of training, Research and Development, Multi Commodity Exchange, said the commodity market has huge volatility.
'There will be a lot of spice to the contest -- there is a reason India is the only team other than England against whom Australia is keen to play a five Test series.' 'I'll watch, as I suspect most fans will -- but this one time, I'll watch with considerable trepidation and, from a fan's point of view, with the hope that the team finds its feet and that right quick,' notes the distinguished cricket commentator Prem Panicker.
'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.'
Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
This card is a variation of the popular Kisan Credit card.G-Card was distributed to nearly 3,500 small and marginal farmers growing ginger in the remote militant infested district of Karbi Anglong. The card has brought a lot of benefits to the farmers of the area, who often had to shell out 'revolutionary taxes' on cash transactions.
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
As the auction approaches, here are the 10 wicketkeeper-batters who are poised to attract significant attention making them among the most sought-after players for IPL 2025.
ED officials said that Subhash was produced before a special PMLA court on Sunday morning and was sent to judicial custody.
Reserve Bank of India (RBI) is unlikely to cut the benchmark interest rate at its upcoming monetary policy review meeting, taking place soon after the announcement of the Lok Sabha election results, amid inflation challenges, said experts. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo) prevailing since February 2023. The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for June 5 to 7.
'Investors should consider small and midcaps only if they can handle volatility and have a longer investment horizon.'
This market has already overtaken the equity derivative market in terms of volume. With these instruments, it can set further growth, as the move will pave way for institutional investors' entry.
That merging of skills and temperament has made him a much more desirable player than in the past.
