Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.
In April, the inflows into equity schemes dropped 60% compared to the previous month to Rs 4,608 crore, the lowest since Sept 2016.
'India is nowhere near the peak of the infection given its large population of 1.3 billion'
RBI is expecting the rupee to stay close to Rs 75 to a dollar, as COVID-19 forces foreign funds to withdraw from emerging markets.
'The government is sincerely working on employment generation. Unfortunately, they are depending on these people from Harvard. Their wrong policies are killing jobs. The government has to come out of the Western framework on which they depend upon a lot.'
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
'These are interesting days for watchers of English cricket and central banking,' points out Amol Agrawal.
'It is an extraordinary situation no doubt but we are all hoping for this to be brought under control by June', says BFI confident of COVID-19 storm passing.
Economic growth is likely to plummet to a multi-decade low of 1.6 per cent in fiscal year 2020-21 due to the Covid-19 pandemic and ensuing measures like lockdowns and social distancing, an American brokerage said on Wednesday in one of the bleakest forecasts on GDP yet. Indian policymakers have not been aggressive enough in their response till now to the crisis, and will need to eventually intensify their efforts, economists at Goldman Sachs said.
The number of unemployed youth worldwide increased by 10.2 million in 2009 compared to 2007, the largest hike since 1991.
Uber on Tuesday said it is laying off about 600 employees in India -- about a quarter of its staff in the country -- as business has taken a major hit amid the COVID-19 pandemic. The development comes days after rival Ola had announced laying off 1,400 people from its rides, financial services and food business.
Has the army confronted China, equipping itself with emergency purchases that have been largely paid for by pensioners, asks Ajai Shukla.
Spread investments in equities, bonds, gold and cash to tackle volatility advise Nitin Singh, MD and head, and Vinay Joseph, director, investment strategy, Standard Chartered Wealth Management, India.
'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
In a daily briefing from Downing Street after his latest Cabinet Office Briefing Rooms emergency meeting with senior scientists and advisers, Boris Johnson called for people to start working from home and said the government would no longer support mass gatherings in order to focus emergency services towards the health crisis.
The Johnson and Johnson vaccine, which works with one dose instead of two, got approval on Saturday, the third vaccine cleared in the country after emergency use authorisation (EUA) was given to two-dose shots from Pfizer and Moderna in December last year.
Figures compiled by the Directorate General of Commercial Intelligence & Statistics, under the commerce ministry, showed India's iron ore exports jumped a whopping 157 per cent to 121 million tonnes in 2012-13, compared with 47 million tonnes a year ago.
Will Indian democracy benefit from the potential that Shashi Tharoor stores in his mind, spirit and intellect? Or will it be the saga of another leader who promised much but delivered too little, asks Dr Sudhir Bisht.
The Congress rubbished the findings and termed the survey as "wasteful" and "fake".
Shoaib Akhtar proposed a closed-door series to jointly raise funds to fight the deadly virus both in India and Pakistan. Kapil Dev said the proposal is not feasible. He also said cricket should not even matter for at least the next six months.
On the verge of total defeat, the Liberation Tigers of Tamil Eelam on Thursday said that nearly 165,000 civilians in the areas controlled by it were close to starvation and accused Sri Lankan authorities of blocking food and humanitarian supplies to the area. Comparing the humanitarian crisis in the 10 sq km swath of coastal land in Pudukudiyyiruppu to the Dafur crisis in Sudan, the LTTE in a statement asked the United Nations and other international aid groups to intervene.
World Athletics also said that as far as it was aware, there were no longer insurance policies available for the coronavirus.
To build one's political and ideological arguments on the dead bodies piling up outside our crematoriums is despicable and breaches the basic tenet of human civility, argues Vivek Gumaste.
Both parties claimed they wanted to extend Diwali greetings to the governor and denied that any political discussion took place during the meeting.
We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.
The 1990s team worked wonders because the leaders took care to build a tier of competent secretaries and advisors under them.
'Lifting of lockdown should be very gradual. Some facilities should remain closed through the month of May like schools, colleges, malls, cinema halls, religious places and markets'
Modi said UP's population of 24 crore is same as that of four European countries put together but, in UP the death toll is 600 due to coronavirus and lauded the efforts of Adityanath in tackling the pandemic.
A massive power failure hit Pakistan after midnight as authorities struggled on Sunday to restore electricity supply in the country which has been plagued by a crippling energy crisis.
However, risks to the outlook stems from possible sub-normal monsoon and higher crude oil prices (on account of the crisis in Iraq)," the Economic Survey 2013-14 tabled in Parliament by Finance Minister Arun Jaitley said.
'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
Cricket Australia (CA) announced Kevin Roberts' resignation with immediate effect on Tuesday, following months of criticism over his stewardship during the COVID-19 shutdown.
China's move to devalue its currency has exposed the fragility of its economy.
'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
'Florence Nightingale made her mark serving wounded soldiers in a war.' 'This is our time to serve in another health crisis.'
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
The experts agreed that the lockdown has helped in slowing down spread of the virus but insisted that the situation has not reached a plateau and that there was an urgent need to upgrade healthcare facilities to deal with the crisis.
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
The trend in corporate earnings suggests that index earnings could fall to the levels last seen in early 2014.
