'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
'Ameen Sayani was copied by generations. Now everyone is trying to become smaller Ameen Sayanis in their own way.'
Mutual funds recorded Rs 7,600 crore net inflows into active equity schemes in July even as redemptions surged to a 30-month high of Rs 30,400 crore owing to profit booking, reveals data from the Association of Mutual Funds in India (Amfi). Equity net inflows were 13 per cent lower compared to the preceding month's tally. The inflows were supported by a strong flow from retail investors through the systematic investment plan (SIP) route.
The Delhi youngster had had his fair share of struggles while transforming from a frail 15-year-old to a frighteningly quick fast bowler.
In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.
Chief Minister-designate Mohan Yadav, an OBC leader and three-time Bharatiya Janata Party MLA, started his political career when he was a student and rose to become higher education minister of Madhya Pradesh where he announced to make Hindu epic Ramcharitmanas as an optional subject in colleges in 2021.
Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.
Dunki arrives at the right time after seeing Shah Rukh doing the heavy-duty action in his last two blockbusters. In a pleasant change, he is not tied up to any life-saving mission or out on a blood-soaked revenge, notes Mayur Sanap.
India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.
Only the top 5 per cent profit makers account for 75 per cent of profits.
The National Investigation Agency has charge sheeted Dilawar Iqbal -- a right-hand man of Jaish-e-Mohammed (JeM) chief Maulana Masood Azhar Alvi -- and Kupwara-resident Mohammed Ubaid Malik for allegedly conspiring to disturb the peace and communal harmony of Jammu and Kashmir by attacking security forces, officials said on Wednesday.
Protein, calcium, vitamin D and other micronutrients play crucial roles in maintaining the health of bones and joints and should be incorporated into your diet, says Dr Sagar Hingrajiya, consultant orthopaedics, Bhailal Amin General Hospital.
Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time.
Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) -- to Rs 25,400 crore -- in April as investors applied brakes on lump sum investments amid a sharp upwards movement in the market. Gross inflows for March stood at Rs 38,641 crore. The sharp decline pulled the net inflows to a five-month low of Rs 6,480 crore, shows data released by the Association of Mutual Funds in India (Amfi).
The National Investigation Agency has posted a list of gangsters and terrorists based in Canada.
The National Conference is a part of the Indian National Developmental Inclusive Alliance (INDIA) and will continue to be, party leader Omar Abdullah clarified on Thursday and said it is in talks with the Congress for an arrangement in three of the six Lok Sabha seats in Jammu and Kashmir, and Ladakh.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
rediffGURU Ulhas Joshi answers readers' mutual fund queries
'Everyone is so excited. There is a lot of excitement everywhere. This was a long time desire of many people.'
The plane that took off from Dubai in the United Arab Emirates carrying 303 Indian passengers, including many minors, was grounded at the Chalons-Vatry airport in Marne on Thursday.
Speaking exclusively to ESPNCricinfo, Hayden spoke of how it would affect the team's balance.
Laden tried to defend the roughly 3,000-person terror assaults against the United States in a long letter dated 2002.
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
'I don't know if he put up a front but he never let me feel his morale was down. He told me how he was tackling the problems he was facing, or if there was some way the lawyers could help, but he would always tell me not to worry with a big broad smile.'
Majority of equity linked savings schemes as well as mid and small-cap funds outperformed their respective benchmark indices over a five-year period ended December 2015.
For the consumer, there would be practically no impact on prices of essential medicines this year.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
Marcello Dradi said he recently underwent a surgery after the cancer returned for the third time after remaining in remission for three years.
Former Romanian world number one Ilie Nastase called Wimbledon organisers "small-minded" after they announced he would not be invited to the Royal Box at this year's championships.
The mutual fund industry's assets under management (AUM) have likely breached the Rs 50 trillion mark following a rally in domestic equities this month. The industry's average AUM stood at almost Rs 48 trillion at the end of October. In November, the Nifty50 index has gained about 4 per cent so far, while smallcap and midcap indices have rallied close to 8 per cent.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
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This means individuals like Vikram Pandit, former Citibank chief, can be a promoter only if he comes back to the country permanently.
'There have been and will continue to be, so many captivating stories in colonial India.' 'Obviously, most of the white people were British, so if I am going to take on a role in a film set in one of the most turbulent periods of Indian history, then it only stands to reason that my character would be of British descent.' 'But that doesn't mean all my roles are negative.'
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
The participation of Indian athletes in Friday's Tokyo Olympic Games opening ceremony will be kept to a 'bare minimum' in view of the COVID-19 threat, while only six officials from the contingent will be allowed to take part in the event.
A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns, continuing the 2022 trend driven by pent-up COVID demand. Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectively. "Gold and silver are good for portfolio diversification, especially in times of geopolitical turbulence.
Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity monthly and help them save up to Rs 18,000 annually. "There is provision of Rs 10,000 crore for rooftop solar (scheme) in the Budget," said finance secretary T V Somanathan in press conference on Budget later in the day. Earlier in the day Sitharaman in her interim Budget speech said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units of free electricity each month.
The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
'The world needs Gandhi now more than any other time in history.'
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