Here are some golden nuggets when it comes to creating wealth. Read them and if you find yourself saying, 'This everybody knows', cross your heart and ask yourself how many times you have forgotten these simple rules, says P V Subramanyam.
With RBI holding on to rates, investors should avoid longer duration funds for the near future, experts tell Joydeep Ghosh
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India's batting legend Sunil Gavaskar launched his new innings with a triple double century to support over 600 lifesaving heart surgeries for underprivileged children in India.
'Interim Budget has ignited the entrepreneurial spirit.'
Nothing is more promising than countries putting aside hubris and ideological differences to invest in our shared future, observes Durga Sreenivasan, a delegate at COP28.
Every young diploma and degree holder in the country will have the right to apprenticeships in the private and government sectors, he said.
'All those who participated in the agitation were branded as anti-nationals.'
French security researcher Robert Baptiste posted a screenshot suggesting the micro-blogging platform that offers a Twitter-like experience in Indian languages had Chinese connections.
RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.
'At the moment, there are no challenges to the Cheetah Project. If there are any challenges in the future, these will be addressed as we go forward'
The latest among his donations was the initial corpus of Rs 2.25 lakh to the PM CARES Fund.
At the Indian Cancer Congress held in New Delhi on November 20-24, health-care professionals from the United States launched the Open Educational Resources in Cancer for Doctors and Nurses in India, a Web portal maintained by the California State University.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
Advertisements of charitable organisations and crowdsourcing platforms must not disrespect the dignity of the beneficiaries by showing their graphic images, the Advertising Standards Council of India (Asci) said in its guidelines for charitable causes released on Thursday. Additionally, these ads must disclose how much of the raised funds would be used as fee by the platform, it added. Acknowledging that crowdsourcing platforms provide reach through ads and organic posts to beneficiaries by helping them tap potential donors, Asci said: "There have been some concerns about ads that create donor distress through the use of images that may be too graphic."
Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:
'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'
'The longevity of the government is a doubt for me because when the going gets tough, there could a be a point in time where there might be pressure, from within the party or from the allies.'
People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
Hinduja Group's business process management entity, Hinduja Global Solutions Limited (HGS) said on Wednesday that it has entered into definitive agreements to divest its Healthcare Services business to funds affiliated with Baring Private Equity Asia (BPEA), at an enterprise value of $1.2 bilion. The deal is subject to closing adjustments, and is expected to complete within 90 days, subject to shareholder and other regulatory approvals. "The cash that will come in as a result of this transaction will be deployed to growing the business as well as looking at buying some capabilities...where capabilities are important for being able to do a good job of customer experience transformation.
Ratings are based on the overall exposure to default risk, with regard to timely receipt of payments from the investments the scheme has made.
'Hope is about being more accepting of each other, the kind of solidarity and friendship that even our families may not be able to give.'
The Board of Control for Cricket in India will contribute 10-litre 2000 oxygen concentrators to boost India's efforts in overcoming the COVID-19 pandemic, said president Sourav Ganguly on Monday.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
Go for open-ended scheme that allows redemption, in case the fund does not perform
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
'There is no reason why we should break this business up.'
Article 370 is not as crude as some of the openly propagandist films made in recent times. It could at least open up a discussion on what is to be done to heal the wounds of the people of Kashmir, which years of shrieking TV debaters could not do, feels Deepa Gahlot.
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
Former Australia pacer Brett Lee says the love and affection he has got from the people of India during his professional career and even after retirement holds a special place in his heart.
Something is cooking in online food delivery. After 15 years of grappling with the demands of the business - read cash burn - Gurugram-based Zomato reported its first profit in the first quarter of 2023-24 (FY24). Not satiated, it reported a profit in the following quarter as well: Of Rs 36 crore in the second quarter compared to Rs 2 crore in the first. A year ago, in the second quarter of FY23, it had reported a loss of Rs 251 crore.
Suppose you have transferred money to your trading account but did not use it to buy securities, the broker could misuse this money, warns Sanjay Kumar Singh.
