Infrastructure bonds were launched by the RBI last year in a bid to help the government fulfill its plan to provide affordable housing to all by 2022
To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.
Returns in Systematic Transfer Plan are consistent as money invested in debt mutual fund schemes earns interest till the time the whole amount is fully transferred to equity fund, says Vishwajeet Parashar, Sr VP and Group Head -- Marketing, Bajaj Capital
Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.
Staggered pull-out will help investors if the market continues to rise.
'We would advise investors to invest in a disciplined way in equities for the long term.'
FPIs would be classified into two categories instead of three, while the requirements for issuance and subscription of offshore derivative instruments would be rationalised.
'She gave choreography in Indian cinema a name, a face and a place.'
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
The OTT menu is looking hot as ever with brand new offerings. Sukanya Verma tells you what you can catch this week.
Reliance Industries on Friday reported more than doubling of its March quarter net profit to Rs 13,227 crore as improvement in petrochemical and consumer business countered continued weakness in refining business.
Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
'If some measures are implemented quickly, they can help revive growth.'
With gold prices rising and debt holding steady, fund houses have launched multi-asset funds for passive customers who are not so nimble while churning their portfolios.
The good news is investors can make 5 to 6 switches during a year among funds depending on the insurance companies without incurring any costs.
Justice Joseph, who had once taken part in an unprecedented presser along with Gogoi, Justices J Chelameswar, Madan B Lokur (all retired) on January 12, 2018 on the functioning of the apex court, made his stand clear on the former CJI accepting nomination to the Upper House.
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Billionaire Mukesh Ambani-led Reliance Industries Ltd's plans for investing Rs 75,000 crore in solar, batteries, fuel cells and hydrogen could create valuation of $36 billion (Rs 2.6 lakh crore) for the new energy business, Wall Street brokerage Bernstein Research said in a report. Reliance currently has three verticals -- oil-to-chemical (O2C) business that houses its oil refineries, petrochemical plants and fuel retailing business; digital services that comprises telecom arm Jio; and retail including e-commerce. New Energy will be the fourth vertical. At the company's annual general meeting of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
US President Barack Obama early this morning signed a bill into law to end a disruptive 16-day government shutdown and increase the current debt ceiling of $16.7 trillion to prevent the country from a debt default with potentially worldwide economic repercussions.
You need to learn the art of balancing savings and investments, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
On a daily basis, AMCs are required to disclose the Total Expense Ratio of all mutual fund schemes except infrastructure debt fund schemes on their respective websites.
To determine the amount of coverage one should purchase, first add up all of your financial obligations, such as student loan, credit card debts and your mortgage balance.
Prince Victor Albert Jay Duleep Singh's mansion is located in one of south-west Kensington's most sought after residential addresses.
The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.
Chennai-based Lakshmi Vilas Bank is set to merge with Indiabulls Housing Finance in a share-swap deal, RBI may not be comfortable with a bank owner having realty business under its wings.
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Stemming from the default of IL&FS in September, on various debt instruments including commercial papers, bonds and loans, the financial sector has been facing a liquidity crunch for the last eight to ten weeks.
While planning for retirement, the key is to let your money be idle, says Amar Pandit.
Police said the 27-year-old uncle of the girl, who planned the kidnapping of the minor girl to exhort money from her parents, was arrested along with his associate in east Delhi's Krishna Nagar area on Wednesday.
Paying tribute to Tamil Nadu's former chief minister J Jayalalithaa on her birth anniversary, expelled All India Anna Dravida Munnetra Kazhagam leader VK Sasikala said that they (the AIADMK and the Amma Makkal Munnetra Katchi) should contest elections together.
Investors across age groups and risk appetite can invest in these schemes.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Amtek Auto was among the first list of 12 companies which were referred by the RBI in 2017 to respective banks for initiation of insolvency process for defaults.
The approval for provisioning of Rs 20,000 crore as subordinate debt to provide equity support will benefit 2 lakh stressed MSMEs.
Naidu's son and state Information Technology Minister Nara Lokesh declared the family's assets on Wednesday.
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
