rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank were the biggest laggards. Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti were the major gainers.
The Reserve Bank of India has formulated strategic polices to enhance growth in banking sector.
They met at Modi's residence in New Delhi a day after the NDA won a majority of seats in the Lok Sabha election, paving the way for him to take the oath for a third consecutive term, a first for any ruling alliance since 1962.
Sowmiya Anbumani is the president of Pasumai Thayagam, an NGO involved in conservation of nature.
Rain threatens high-voltage India-England semi-final clash
Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per cent in terms of deal value to touch $13.37 billion since January this year to date, compared to the same period in the last year. According to data sourced from Bloomberg, Indian companies reported deal value worth $23.5 billion between January and March 22, 2023. Data Infrastructure Trust's acquisition of American Tower Corporation's India telecom towers business for $2.5 billion was the top deal for the ongoing quarter so far, followed by the Highway Infrastructure Trust's acquisition of PNC Infratech's road projects for $1.08 billion.
'We all love his infectious attitude and smile around the group. Although he is still young in age, he has actually played a lot of cricket. He sets an example, he has a lot of energy and that's why other people tend to follow.'
In the first such initiative, the Bharatiya Janata Party has invited the ruling and Opposition parties from around the world to witness the Lok Sabha elections in India first-hand.
'That's how big this taboo is.' 'It would be difficult for them to understand what I am trying to show with Jaggi.'
The temple authorities and jumbo owners even suspected that the conditions of the circular with regard to parading of the domestic elephants during festivals were part of a conspiracy to sabotage the Pooram.
Shami, who was one of the architects of India's stupendous World Cup campaign with 24 wickets, played through pain as he had problems with his landing but didn't let it affect his performance.
Australian and RCB all-rounder Glenn Maxwell expressed that his franchise cricket teammate and Indian batting superstar Virat Kohli is the "most clutch player" he has played against.
Britain's political pundits don't believe Rishi Sunak and his Conservative party will win next year's general election, so we wonder if the Stanford grad is preparing for a post election career.
Dil Dosti Dilemma is a coming-of-age series without profanity, and that by itself breaks the current mould, observes Deepa Gahlot.
'There is a behavioural shift and conservativeness with companies cutting down on manpower and rationalising the number of people.'
All India Football Federation's principal legal advisor Nilanjan Bhattacharjee made serious 'corruption allegations' against president Kalyan Chaubey.
Meet IAF Veteran Bhopinder Singh Saini from the Viro ke Vir Indian Party.
Forest land that will also be exempted includes land situated within 100 km along the international borders, Line of Control, or Line of Actual Control, proposed to be used for construction of strategic linear projects for national importance or security.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year - Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected valuation when they go public next year.
George Joseph
When Jia Shankar hits the ramp, expect her to bring some drama.
With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnataka (563), Uttarakhand (560), and Maharashtra (444), according to the data.
'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'
Former Australian captain Aaron Finch on Wednesday slammed critics for questioning India batter Virat Kohli's place in Men in Blue's T20I set-up, calling the chatter around his spot "the biggest rubbish he has ever heard".
The Wayanad Lok Sabha seat, where Rahul Gandhi won for the second time in a row, comprises three assembly constituencies each in the tribal district of Wayanad and the Muslim-dominated Malappuram, as well as one in Kozhikode district where Christians hold a significant vote base.
The woes have become a serious issue of concern for Bengalureans, especially in Whitefield, KR Puram, Electronic City, RR Nagar, Kengeri and CV Raman Nagar.
Efforts have also intensified to extinguish the raging forest fires in the state, especially in the worst-affected areas of Nainital, Haldwani and Ramnagar forest divisions, forest officials here said on Sunday.
A group of 91 retired bureaucrats has appealed to the Centre to withdraw the Green Credits programme, which they claimed may facilitate diversion of forest land to private entities. "Quick, smooth and easy diversion of our forest lands in favour of user agencies is apparently the sole intention of this set of Green Credits rules. "We urge the MOEFCC to recognise this danger and withdraw the Green Credits notification expeditiously," the group of former civil servants wrote in an open letter to the Ministry of Environment, Forest and Climate Change (MoEFCC).
Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).
Speaking to PTI, Environment and Forest Minister Chandra Mohan Patowary said the additional chief secretary of the forest and environment department Ravi Shankar Prasad has been directed to look after the allegation following a reply to a social activist under the Right to Information Act.
Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.
Reserve Bank Governor Shaktikanta Das on Friday said there is no plan to loosen interest rates as inflation continues to be the top priority for the central bank. Speaking to reporters at the central bank headquarters here, Das clarified that the inclusion of "over tightening" in his statement while announcing the fifth consecutive status quo in rates, should not be construed as anything else. A "loosening" in rates is not on the table, Das added.
Trawling back into the past, she said her family had an elephant mahal, where the jumbos were kept in large numbers after being tamed and domesticated.
He finished a stellar T20 International career, registering the record for most by runs any player in T20 World Cups -- 1,292 runs in 35 matches.
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.
The Centre has set up an 11-member high-level steering committee to review and monitor the progress of the cheetah reintroduction programme and provide suggestions on the opening of the cheetah habitat for eco-tourism.
