'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.
Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year.
Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.
'We mourn the lives that have been lost, soldiers who will never come home, whose names are now etched in the soul of this country. May their families find strength in the nation's gratitude. So tonight, and every night forward, we hope for less silence born of tension, and more silence born of peace.'
Delete posts that are offensive, political, divisive, or just plain immature, counsels Dr Karan Gupta.
'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'
'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'
Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was higher than 212 NFOs collecting Rs 63,854 crore in 2023 and 228 NFOs garnering Rs 62,187 crore in 2022.
When Kamal Nath took over five years back, the world economy was booming. Many countries are in recession now. Nath had to mainly stall the negotiations at the World Trade Organization but Sharma will have to take the Doha Development Round forward.
With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.
From a surge in airfares to rattled aircraft lessors to thousands of employees staring at uncertainty, it has been a month of continued turbulence since cash-strapped Go First suspended flights from May 3. As the government and other stakeholders hope that Go First restarts operations at the earliest, plans are being worked out for the budget airline's revival. A section of Go First staff are optimistic about restarting of operations, another section are pessimistic about the airline's future course considering what had happened to erstwhile Kingfisher Airlines and Jet Airways, according to employees who spoke to PTI.
Wipro Corporation Chairman Azim Premji on Monday warned the business community to be prepared to face more shocks similar to the September 11 terrorist attacks in the US.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
Given the economic trends, it might make sense to allocate some savings to gold.
The first-quarter performance of top IT services players, as well as mid-cap firms, has been subdued, reflecting macro uncertainties. The numbers of the top four firms show several misses, hinting at difficult times ahead. One mismatch is the total contract value (TCV) signed by the firms and the revenue growth registered.
It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.
Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
Not only is gold a hedge against currency depreciation, rising crude prices and uncertainty, it is up 7 per cent (in dollar terms) in the past 12 months, says Devangshu Datta.
Investors should look at short term or floating rate schemes for market based returns.
'Investment creates capacity and reduces inflation. Income, employment, and savings rise.'
Developments in the disgraced party official Bo Xilai case have engulfed China's top leadership. Was Bo's ouster part of a well-planned conspiracy? Security expert B Raman takes a look at the intriguing incident.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
If you spread your investments and get exposure to many asset classes, then that is called diversification. Asset allocation is the process of allocating your money to different investments. And they offer tremendous advantages, says Rishi Piparaiya.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
The growth in India's spending is far higher than the global average year-on-year increase of 12% for this category of apps in 2022.
Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.
Among the Sensex firms, Bajaj Finance emerged as the biggest gainer by climbing 2.95 per cent. Tata Motors, Bajaj Finserv, IndusInd Bank, Sun Pharma, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, HDFC, HDFC Bank, Maruti, Reliance Industries and Bharti Airtel were the other major winners. HCL Technologies, Axis Bank, ICICI Bank, Tech Mahindra and Titan were among the laggards.
Like the countless other things that were made possible online by the deadly coronavirus, Connect adds demonic possession and exorcism to the list, observes S Saraswathi.
'Set aside around six months' monthly expenses for emergencies.' 'Keep this money in safe and liquid options, such as liquid funds and fixed deposits.'
The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.
A yellow glow is likely to stand out amid grey geopolitical clouds in 2023, with gold price projected to touch Rs 60,000 per 10 grams in the Indian market as more investors veer towards safe-haven assets. In a year where volatility was more a norm than an exception, gold prices in the international market oscillated from a peak of $2,070 per ounce in March to a low of $1,616 per ounce in November and is steadily recovering since then, according to market experts. At the beginning of 2022, gold prices were around $1,800 an ounce.
Former Jammu and Kashmir chief minister Farooq Abdullah on Saturday withdrew his name as the potential joint opposition candidate for the upcoming presidential elections, saying he has a 'lot more active politics' ahead of him, and that he wanted to contribute in navigating the Union Territory through the current 'critical juncture'.
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Three talented GenNext designers made their debut at LFW.
Human Development -- a measure of a nation's health, education, and average income -- has declined for two years in a row.
India captain Virat Kohli said it is unfortunate to "end up here early" for the IPL after a COVID-19 outbreak led to the cancellation of the fifth Test against England and hoped for a "secure" bio-bubble in the league to tackle the "uncertain" times.
Led by Congresswoman Carolyn B Maloney from New York, lawmakers on Wednesday announced that a bill has been introduced in the House of Representatives to declare Diwali, festival of lights, a federal holiday.
The model, host and author flaunts her chiseled bod on the cover of a travel magazine.