The rising dependence on discounted crude oil has resulted in India's trade deficit with Russia hitting the second-highest place last year, after China, reveals Department of Commerce data. From April through January 2022-23 (FY23), India's maximum trade deficit was with China, at $71.58 billion. This was followed by Russia, where the deficit expanded sevenfold - from $4.86 billion in April-January of 2021-22 (FY22) to $34.79 billion during the same period in FY23.
Use of chemical compounds to artificially ripen, colour and increase the shelf life of fruit is rampant in India.
We asked readers to mail their queries about stocks they want to buy, sell or hold. Here's the response to their queries.
Do you know what's the going rate per square foot in your neighbourhood? Is it the best time to buy real estate/ home? Real estate expert Tushar Bungley, hosted a chat with GA readers on May 28 to answer their queries.
In an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable investment tips.
For retail investors who are into direct stocks, buying one when it enters the index can be a good strategy.
By 2025, Uber projects that 25,000-30,000 cars -- or 12 to 16 per cent of vehicle additions -- would be EVs, reports Surajeet Das Gupta.
Here are some amusing anecdotal experiences that buyers and sellers of residential units witness every day. Share yours!
Follow these expert tips and advice to get the best deal.
'You should do a detailed study on what exactly you want for the team looking at the season ahead.' 'If you are not clear with your plans, you will get carried away at the auction table,' says Pravin Amre, former talent scout chief at the Delhi Capitals.
The large share purchase would give the corporate raider significant voting rights, which could then be used to push changes in the company's leadership and management. This would increase share value and thus generate a massive return for the raider. "Taking Twitter private at $54.20 should be up to shareholders, not the board," Musk tweeted with the opinion poll with two options 'Yes' and 'No' . Implying that shareholders have to decide as they own the company, not the board of directors.
'The Indian govt's initiatives on EVs are very strong and customers want to buy EVs. This will make the country's conversion to EVs faster than other markets, and I hope even faster than the US'
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Markets in Uttarakhand's Purola and neighbouring towns remained closed amid heavy police deployment on Thursday in protest against the imposition of prohibitory orders to prevent a 'mahapanchayat' that was scheduled to be held there over alleged incidents of 'love jihad'.
This sort of property is better suited for an investor rather than an end user.
Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.
Maruti Suzuki is offering cash discounts ranging from Rs 5,000 on its hatchback Celerio to Rs 35,000 on entry level Alto800.
Jaishankar also made it clear that it is in nobody's interest to see a country get into severe economic difficulties, and that too a neighbour.
Food in India has fled the confines of the kitchen and become a national adventure... Food shows, now even on news channels, have transformed restaurateurs from humble khansamas to courted celebrities.
An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.
South Africa had been to five previous World Cup semi-finals across all formats without success, but now stand on the brink of a career-defining moment for what is largely a young group of players.
'David Warner leads from the front. He is not going to give up until the tournament is over. So expect a bounce-back from them.'
During a sale, many store windows invite the shopper with impossible-to-miss visuals announcing '50% Discount'. Only upon entering does the shopper realises that the one rack which fulfils this promise sells items she'd never purchase.
Air India will require more than 6,500 pilots to operate 470 aircraft that are to be supplied by Airbus and Boeing in the coming years, according to industry sources. Seeking to expand fleet as well as operations, the airline has placed orders for acquiring a total of 840 aircraft that includes an option to buy 370 planes. This is one of the largest aircraft order by any airline. Currently, Air India has around 1,600 pilots to operate its 113 aircraft fleet and in recent times, there have been instances of ultra-long haul flights getting cancelled or delayed due to shortage of crew.
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
There may be situations when a general life insurance policy may not be adequate to cover certain life uncertainties.
All five of these tablets deliver top value for money, with their smooth performance, great build quality, and overall feature set.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Such is Argentina's passion for soccer, that the World Cup remains a priority for some, despite a sluggish economy, painful inflation estimated to hit 100% this year and currency controls that push up the price of travelling overseas.
Nikunj Saraf, Vice President Choice Wealth, will answers your MF queries.
If you don't have a specific goal, but want intermittent liquidity, then ladder your FDs, that is, invest in FDs of varying maturities, such as one, two, three, five or even 10 years. Laddering ensures FDs mature at regular intervals.
The suicides have involved more NEET aspirants than JEE. 'It's a make-or-mar situation.' 'Either you get into a government medical college, where the fee is much lower than in private institutes, or you don't make it.'
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
DD Freedish is the 'largest TV platform in India', going to 58 million homes, featuring 70-odd private channels. DD Freedish reaches about 278 million people, and is easily among the top five TV platforms in the world.
IT stocks will have to be looked at with a longer term of 12 to 18 months at least, says market expert Pranav Sanghavi. One can look at TCS, Wipro, INFY, Tech mahindra etc.
Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).
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