Stemming from the default of IL&FS in September, on various debt instruments including commercial papers, bonds and loans, the financial sector has been facing a liquidity crunch for the last eight to ten weeks.
'Everyone wants that doctors should fight from the frontlines of the pandemic, but there's no reaction from the government when they fall ill or even die because of it.'
'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime would be suitable.'
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'They think quick fixes like internship in the private sector will help. 'In fact, internships have been going on for the last one decade.' 'In 2014-2015 itself, we had a ministry of skill development. None of the programmes have yielded results, still they are continuing with such schemes under some other name.' 'We don't see any seriousness on the part of the government to attack the problem of unemployment.'
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
Gambhir's return to the KKR camp as a mentor this year turned things around as the Kolkata-based franchise moved to the top of the table
The main reason was that CPI inflation would likely remain below 4 per cent till July.
The June quarter is usually considered as a seasonally strong period for the IT sector.
Australia bring an ageing squad and a few players short of fitness to the T20 World Cup but will have the same easygoing confidence
The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies among policyholders. According to data by online insurance broker PolicyBazaar, the average ticket size of retail health insurance in India has increased to Rs 26,533 so far in FY24, up 48.22 per cent from Rs 17,900 in FY19.
Seeking to assuage pilot shortage concerns, Akasa Air's chief executive Vinay Dube on Friday said the carrier has sufficient pilots and flyers should not expect any flight cancellations. "We have plenty of pilots. We have given numbers like 700 in the past. "I don't think this is something from an Akasa perspective people need to worry about because we have got this plan in place where we have pilots not just for our current set of aircraft but we have got pilots for the foreseeable future in terms of growth," Dube told PTI at the sidelines of a CII event.
Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
'As these segments are growing at 25 per cent for the last three years, credit quality has been extremely good.'
'Thirty per cent of the world's deaths in young people, due to heart disease, are encountered by people in India.'
Insurance experts said since it may be difficult to set a tariff or fixed rates for Covid-19 treatment, an indicative rate chart has been proposed.
India's unemployment rate is at a record low and the country's labour market is undergoing a structural transformation, a report said on Tuesday. In the new report, the economists at the country's largest lender SBI also pitched for a "reinterpretation of old fashioned rhetoric" while looking at a subject like employment. "India's unemployment rate is at a record low, India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher educational attainment emerging as key enablers," the report said.
Through Manorathangal, M T Vasudevan Nair makes himself available to a whole new generation of uninitiated viewers, who can familiarise themselves with his rich body of work and hope to learn a thing or two about life in all its messy grandeur and flawed imperfections, notes Arjun Menon.
Dhanush deserves credit for imagining a visually rich, edgy action thriller which is enhanced by a fascinating background score from A R Rahman, observes Divya Nair.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
Union Minister of State for Home Nityanand Rai said the highest death rate has been reported in CISF (0.43 per cent), followed by the Assam Rifles (0.40 per cent) CRPF (0.39 per cent).
'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'
Legendary Brian Lara asserted that Virat Kohli's value transcends cold numbers, and the West Indian virtuoso has little doubt that the star batter should be a part of India's T20 World Cup squad.
A reversal of policy at this juncture could jeopardise the recent gains on inflation
'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'
The Indian pharmaceutical market (IPM) grew 6.8 per cent to touch a turnover of ~1.93 trillion in calendar year 2023, despite volumes going down marginally by 0.9 per cent. This indicates the price increase has been the major growth driver. Growth in the moving annual turnover (the previous 12 months' turnover) in December was 5.1 per cent and that in new product introduction 2.6 per cent, while volumes dipped 0.9 per cent, leading to an overall growth rate of 6.8 per cent, according to the data from market research firm Pharmatrac.
The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.
Baahubali has generated an enterprise of television spin-offs, video games, graphic novels and what not, but a memorable Game Of Thrones it is not, observes Deepa Gahlot.
After an extremely stable 2023, the Indian rupee started 2024 on a promising note and has turned out to be the best-performing Asian currency so far in January, appreciating 0.1 per cent despite 2 per cent rise in the dollar index. All other Asian currencies depreciated by around 1.4-4 per cent during the month. The local currency regained its ground against the greenback on the back of foreign portfolio inflows, said market participants.
The COVID-19 case fatality rate has reduced from around 3.33 per cent in mid-June to 2.25 per cent.
National-award winning actor, producer, hotelier, ex-politician, cricket team owner, philanthropist, highest tax payer, reality show judge, animal lover and, above all, people's hero -- Mithun Chakraborty -- who has been conferred the Dadasaheb Phalke Award -- is truly a force of nature, notes Sukanya Verma.
Focused implementation of 'test, track, treat' strategy by the Union and state and Union Territory governments, ramped up hospital infrastructure and testing facilities, and emphasis on treatment of the hospitalised patients through the standard of care protocol advised by the Centre have effectively ensured that mortality of COVID-19 patients is contained, the ministry said.
'If all goes well, we may well hit or even surpass the forecast growth rate.'
In the global platform, India continues to register and maintain the lowest COVID-19 mortality rate, it said and asserted that this is a testimony to the focused, coordinated, pre-emptive, graded and evolving "test, track, treat" strategy and efforts of the Centre, states and Union Territories.
Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.
Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.
A two-paced Chepauk strip on which spinners always come into play has been Chennai Super Kings' 17-year template. Thus, current skipper Ruturaj Gaikwad finds no reason to deviate from that after a five-wicket victory over Rajasthan Royals in a low-scoring IPL encounter in Chennai on Sunday.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
Modern Masters aims to showcase Rajamouli's enigmatic career and paints a context of what makes him the singular voice that defined his generation of film-makers, for millions, observes Arjun Menon.
