Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The country's foreign exchange reserves soared by $16.663 billion to touch a lifetime high of $633.56 billion in the week ended August 27, mainly due to an increase in Special Drawing Rights (SDR) holdings, RBI data showed. On Wednesday, RBI had said the International Monetary Fund (IMF) made an allocation of SDR 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India on August 23, 2021. SDR holdings are part of the foreign exchange reserves of a country.
The increased amount, defence sources say, will be consumed mostly by the allocation for employees-related expenses, salaries and allowances of servicemen.
Yes, you need them: to complete the resolutions that you had made in 2008, 2009, 2010, 2011, 2012 and 2013. There is no point in making new resolutions if you have not lived up to the previous resolutions, right?
As India progresses towards formulating its own model of theaterisation, the public must get involved in the debate because in the end, it affects the well-being of the entire nation, asserts Biswajit Dasgupta.
'India is an equity market with a breadth and depth of companies to invest in.'
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.
The finance minister's assertion that industry should not expect any spectacular announcements in the 2024 interim Budget suggest that the electoral imperatives of more tax concessions or higher expenditure on welfarist programmes could be far less pronounced than they were before the 2019 interim Budget, expects A K Bhattacharya.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Focus on large-caps and ensure that the portfolio is balanced.
Balanced funds are generally equity-oriented with at least 65 per cent exposure to equities and the rest of the corpus invested in fixed income securities
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
Be willing to learn from mistakes.
Delhi Development Authority's land deal to Reliance Industries throws up larger issues of governance.
Gandhi said the budgetary cuts were weakening the legal guarantee of timely payment and employment. She noted that the Supreme Court had likened the delay in MGNREGA payments with forced labour.
Financial planners advise against putting capital to work by anticipating what might go up or down.
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
Postpone the purchase of big-ticket consumer durable items, recreational spending on holidays, and other such expenses unless your financial position is very secure, advises Sarbajeet K Sen.
'It's important that every portfolio is well diversified.' 'My own portfolio is diversified across asset classes: 50% is in equity funds, 15% in international schemes, 25% in debt funds and 10% in sovereign gold bonds.'
Why it is important for investors to select the right product according to their specific investment needs, risk appetite and investment tenure.
Most players are looking to invest anywhere between $500 million and $1 billion in new ventures in the next couple of years, said experts on this segment.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Since 2016, Sebi has made many rules to prevent unauthorised trading by stockbrokers. Yet, one comes across dozens of cases of blatant overtrading in client accounts, every year, leading to massive losses to investors, observes Debashis Basu.
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
India Cements Managing Director and Board of Cricket Council of India President N Srinivasan, an accused in the illegal assets case involving YSR Congress leader Y S Jaganmohan Reddy, on Friday appeared before a special court in Hyderabad, along with others chargesheeted by the Central Bureau of Investigation in the high-profile case.
Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.
A six-point comparison by Anil Chopra, Group CEO & Director, Bajaj Capital
'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries
A quaint Indian idea called face value is putting high-performing companies out of the reach of retail investors, observes Debashis Basu.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, a total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.
