News for ' uttam'

ACT PIX: India set up China final after Harmanpreet brace

ACT PIX: India set up China final after Harmanpreet brace

Rediff.com16 Sep 2024

China stunned Pakistan 2-0 in the shoot-out to enter the final of Hero Asian Champions Trophy for the first time in the history of the tournament.

6 Questions To Ask Before Making A Career Choice

6 Questions To Ask Before Making A Career Choice

Rediff.com19 Sep 2024

'How many jobs will be created when you complete your course?' 'How many people will compete with you?' 'What is the minimum and maximum salary you can expect?' 'Which are the companies that will offer you a job?' 'What skills do you have to develop?' 'How long will it sustain?'

Consensus eludes GoM on GST rate rationalisation, over 100 items discussed

Consensus eludes GoM on GST rate rationalisation, over 100 items discussed

Rediff.com26 Sep 2024

The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.

Uttam's Take: And the vultures gather...

Uttam's Take: And the vultures gather...

Rediff.com8 Sep 2020

Uttam Ghosh offers his take on the shocking media treatment of a young woman whose only crime appears to be loving a young man who decided to take his life

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.

Hooda or Selja, who will be Cong's Haryana CM pick?

Hooda or Selja, who will be Cong's Haryana CM pick?

Rediff.com7 Oct 2024

On the eve of the Haryana assembly poll results, the issue of chief minister-ship has taken centre stage in the Congress with all eyes on its high command's next move as the party expects to regain power after 10 years in the state.

185 Indians In $1 Billion Club

185 Indians In $1 Billion Club

Rediff.com3 Sep 2024

The combined wealth of India's dollar billionaires is now equivalent to 33.81 per cent of India's nominal GDP.

Uttam's Take: Kahan Gaye Vaccines, Modiji?

Uttam's Take: Kahan Gaye Vaccines, Modiji?

Rediff.com13 May 2021

Uttam Ghosh offers his take on India's Vaccine Crisis.

IPO Market Set For Record-Breaking Diwali

IPO Market Set For Record-Breaking Diwali

Rediff.com3 Oct 2024

IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.

Will govt cut petrol, diesel prices?

Will govt cut petrol, diesel prices?

Rediff.com12 Sep 2024

Price of international crude oil - the raw material for making petrol and diesel - dropped to a three-year low before marginally recovering but a revision in domestic petrol and diesel rates is likely only if lower rates are sustained, industry sources and officials said. Global oil benchmark Brent crude futures fell below $70 per barrel on Tuesday - the first time since December 2021 - but gained thereafter after Hurricane Francine hit crude supply in the Gulf of Mexico. Brent rose above $71 a barrel on Thursday while West Texas Intermediate advanced to trade near $68.

Banks turn to CD issuances in September amid sluggish deposit growth

Banks turn to CD issuances in September amid sluggish deposit growth

Rediff.com26 Sep 2024

Banks have issued Rs 7.78 trillion worth of CDs in the current calendar year until August 2024, compared to Rs 4.9 trillion in the same period of 2023, registering a 59 per cent growth

Large deals power paradigm shift in India's venture capital terrain

Large deals power paradigm shift in India's venture capital terrain

Rediff.com23 Aug 2024

India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.

How To Use Your Credit Card Wisely

How To Use Your Credit Card Wisely

Rediff.com7 Oct 2024

'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'

Uttam's Take: Star wars and elections...

Uttam's Take: Star wars and elections...

Rediff.com28 Mar 2019

Uttam Ghosh reacts to the pradhan sevak's election-space-missile continuum declaration.

NRI deposits see nearly $4 billion inflows in April-June FY25: RBI data

NRI deposits see nearly $4 billion inflows in April-June FY25: RBI data

Rediff.com20 Aug 2024

Overseas Indians deposited around $4 billion in non-resident Indian (NRI) deposit schemes in April - June FY25, up 79 per cent over the amount deposited in these schemes in the same period last year, data released by the Reserve Bank of India (RBI) on Monday showed. In April - June FY25, inflows into the NRI schemes stood at $3.95 billion, compared to $2.21 billion during the same period a year ago. With this, the total outstanding NRI deposits as of June stood at $155.71 billion.

Why You Should Rebalance YOUR Portfolio

Why You Should Rebalance YOUR Portfolio

Rediff.com3 Oct 2024

'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'

ACT Hockey Semis: India v South Korea - Who Will Prevail?

ACT Hockey Semis: India v South Korea - Who Will Prevail?

Rediff.com15 Sep 2024

Maintaining a clean slate, favourites India will fancy their chances when they take on a below-par but unpredictable Korea in the semifinals of the Asian Champions Trophy hockey tournament in Hulunbuir, China on Monday.

Uttam's Take: We mourn them all

Uttam's Take: We mourn them all

Rediff.com9 May 2020

Uttam Ghosh pays homage to these martrys for India.

Uttam's Take: Shaheen Bagh's jolt to BJP

Uttam's Take: Shaheen Bagh's jolt to BJP

Rediff.com11 Feb 2020

Uttam Ghosh offers his take on the Delhi election results.

BFSI sector valuation discount at new high

BFSI sector valuation discount at new high

Rediff.com4 Oct 2024

Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.

Uttam's Take: Speedbreaker Kaun?!

Uttam's Take: Speedbreaker Kaun?!

Rediff.com4 Apr 2019

Uttam Ghosh offers his take on Modi's jibe and Mamata's retort.

Angel tax abolished for all investors: Sitharaman

Angel tax abolished for all investors: Sitharaman

Rediff.com23 Jul 2024

The removal of the angel tax is expected to be a boost for startups as it will help in promoting a more conducive environment for them.

Uttam's Take: Why did PM CARES ignore migrants?

Uttam's Take: Why did PM CARES ignore migrants?

Rediff.com5 May 2020

Uttam Ghosh asks why the PM Cares fund could not have paid for the train tickets of migrant workers on their way home when the government flew Indians stranded in different parts of the world for free!

NRIs yet to fully warm up to GIFT City's higher FPI limits

NRIs yet to fully warm up to GIFT City's higher FPI limits

Rediff.com20 Sep 2024

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com25 Aug 2024

Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. "This week, we expect the market to witness a gradual up-move with stock-specific action.

Why Mutual Fund Inflows Have Surged

Why Mutual Fund Inflows Have Surged

Rediff.com19 Sep 2024

Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Sep 2024

Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data.

Uttam's Take: Your Democracy vs Ours

Uttam's Take: Your Democracy vs Ours

Rediff.com23 Nov 2018

Uttam Ghosh offers his take on the turn of events in Jammu and Kashmir.

India pitches for more info sharing on int'l payments

India pitches for more info sharing on int'l payments

Rediff.com11 Sep 2024

India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.

Sebi moves to ensure ease of FPI onboarding

Sebi moves to ensure ease of FPI onboarding

Rediff.com4 Sep 2024

Markets regulator Securities and Exchange Board of India (Sebi) is stepping up efforts to ease the onboarding of foreign portfolio investors (FPIs) and has constituted a cell for consultations with offshore investors and custodians, said whole-time member Ananth Narayan. Sebi is also working to make regulations more "light-touch" for FPIs that invest exclusively in government securities or are sovereign funds. The regulator is trying to make the registration process easier for such FPIs, the Sebi official said at the CII Financing 3.0 Summit in Mumbai.

Equity MFs Rake In Rs 38,239 Crore In August

Equity MFs Rake In Rs 38,239 Crore In August

Rediff.com11 Sep 2024

'The correction in the markets in the initial part of August provided investors a good buying opportunity.'

Uttam's Take: Who are the 'traitors'?

Uttam's Take: Who are the 'traitors'?

Rediff.com31 Jan 2020

Uttam Ghosh offers his take on Union Minister Anurag Thakur's incendiary slogan.

Festival season may not add zing to portfolios

Festival season may not add zing to portfolios

Rediff.com16 Sep 2024

Automobile, apparel and electronics are among sectors that see a sales boost during the festival season, a time when investors expect gains in related stocks. This year could be different: Analysts have factored in all positives and do not expect such stocks to deliver lucrative returns. "Indian households spend across sectors like automobiles, consumer durables, and consumer staples during the festival season.

'On Track For Best-Ever IPO Year In India'

'On Track For Best-Ever IPO Year In India'

Rediff.com10 Sep 2024

During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.

Uttam's Take: Elvis is in the Building

Uttam's Take: Elvis is in the Building

Rediff.com1 Oct 2019

Uttam Ghosh offers his take on Donald J Trump's comment on Narendra Damodardas Modi: 'They love this gentleman to my right. People went crazy, he is like an American version of Elvis', referring to the Howdy Modi event.

Short-term inflation outlook benign: Survey

Short-term inflation outlook benign: Survey

Rediff.com22 Jul 2024

The short-term inflation outlook for India is benign, and the expectation of a normal monsoon and moderating global prices of key imported items give credence to the projections made by the RBI and IMF, the Economic Survey said on Monday. However, to ensure long-term policy stability, the Survey 2023-24 suggested making focused efforts to increase the production of major oilseeds, expanding the area under pulses, and assess the progress in developing modern storage facilities for specific crops.

Uttam's Take: What will Modi2 bring?

Uttam's Take: What will Modi2 bring?

Rediff.com26 May 2019

Uttam Ghosh offers his take on Verdict 2019.

GST collection rises 8% to Rs 1.74 lakh cr in Jun

GST collection rises 8% to Rs 1.74 lakh cr in Jun

Rediff.com1 Jul 2024

The gross GST collection increased 8 per cent to Rs 1.74 lakh crore in June, sources said on Monday. The government, however, has discontinued the official release of monthly GST collection data, they added. Sources said the gross Goods and Services Tax (GST) collection so far this fiscal (April-June) stood at Rs 5.57 lakh crore.

Is Health Insurance Tax Relief Coming?

Is Health Insurance Tax Relief Coming?

Rediff.com6 Sep 2024

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.

Want To Invest In Banking Funds?

Want To Invest In Banking Funds?

Rediff.com11 Sep 2024

'It's advisable not to go overboard on a banking sector fund or any other sector fund.'