After a disastrous IPL 2022 campaign, Mumbai Indians are all set to start their preparations in earnest for the next edition, with a three-week exposure tour of England in July for their uncapped Indian players.
An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.
Decisions should not be based on feelings, such as optimism or pessimism about the stock market or specific investment products, suggests Avinash Luthria.
The decision came after the PDP's core group met for the first time on Sunday following the demise of former Chief Minister Mufti Mohammad Sayeed.
Now that almost 10 infrastructure ministries have submitted a fresh list of their core infrastructure assets, the government has realised it stands to make much more money from asset monetisation than previously thought. Two persons in the government said it stood to garner over 30 per cent more than the earlier estimates of Rs 2.5 trillion over the next four years under the National Monetisation Pipeline (NMP). The NMP, which is being prepared by Niti Aayog, is in the advanced stages of finalisation and is expected to be unveiled in August.
The Centre has conceded most of the demands of potential buyers of Neelachal Ispat Nigam Ltd (NINL). These include lowering the lock-in period for sale of assets to one year and allowing the new buyer to undertake the amalgamation of a special purpose vehicle (SPV) into NINL. An inter-ministerial group led by Department of Investment and Public Asset Management (Dipam) secretary Tuhin Kanta Pandey and the core group of secretaries on divestment (CGD) headed by Cabinet secretary Rajiv Gauba have decided that the lock-in period can be reduced to one year from the date of completion of sale, from the earlier three years proposed by Dipam, an official in the know said.
Lt Gen Singh also said necessary security arrangements had been put in place to ensure peace and security.
Devaswoms are meant to manage temples, not the faithful. Why didn't they simply stick to their set of responsibilities and execute it well and efficiently?, asks Shyam G Menon.
In a jolt to the Congress ahead of Himachal Pradesh polls, senior leader Anand Sharma on Sunday resigned from the chairmanship of the party's steering committee for the state, saying he was left with no choice after the 'continuing exclusion and insults'.
Gandhi, who had publicly called the ordinance to protect convicted MPs and MLAs from immediate disqualification as complete nonsense causing tremors in the government, however, expressed his "greatest admiration" for the Prime Minister's leadership in extremely difficult circumstances.
In a jolt to the Centre, the Supreme Court on Thursday stayed the notification setting up a fact-checking unit under the Press Information Bureau (PIB) to identify fake news about the Union government.
Negotiators from 13 countries spent a day and a half behind closed doors.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
India head coach Igor Stimac feels this may be the final season of talismanic striker Sunil Chhetri's career.
The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.
Fresh controversy dogged Team Anna on Saturday as Anna Hazare's former blogger made public a blog, which was kept under wraps to blunt the Gandhian's claim that he had not spoken to him about re-organising his core team.
Talking about the ICC T20 World Cup in the West Indies/US this year and inclusion in 2028 Los Angeles Olympics, he said that the T20 World Cup in New York will be driven by expats.
Tata Sons chairman Natarajan Chandrasekaran was paid Rs. 113 crore as remuneration for 2022-23 (FY23), including Rs. 100 crore as commission on profit. Chandrasekaran, 60, often referred to as Chandra, received a remuneration of Rs. 109 crore in 2021-22 (FY22). With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23.
Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
Funds raised by India Inc. through offshore loan syndication hit a 15-year high in 2023 with companies and banks raising $21.4 billion, the highest since 2007. The momentum is expected to continue in 2024 as well with over $4 billion fund raising expected in the first three months of this year. Companies raise funds, both onshore and offshore, depending on interest rates and activities. Funds raised offshore can be deployed in overseas activities.
The UN Human Rights Council in Geneva on Tuesday adopted a resolution against Sri Lanka's rights record, in a setback to Colombo, which made determined efforts to garner international support ahead of the voting.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
The IMF on Tuesday projected a growth rate of 6.1 per cent for India in 2023, which is a 0.2 percentage point upward revision compared with the April projection. This is reflective of the "momentum" from stronger-than-expected growth in the fourth quarter of 2022 as a result of stronger domestic investment, the International Monetary Fund (IMF) said. "Growth in India is projected at 6.1 per cent in 2023, a 0.2 percentage point upward revision compared with the April projection," it said in its latest update of the World Economic Outlook.
'The Opposition parties will continue to woo Chandrababu Naidu even though he has said he will support the BJP.'
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
The group is among the 40 largest defaulters identified by the Reserve Bank's first list for insolvency in late 2016.
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
After winning the Indian Premier League for the fourth time, Chennai Super Kings skipper Mahendra Singh Dhoni remained tight-lipped on his participation in the next year's edition of the cash-rich Twenty20 tournament.
Asserting a war was not an option between India and Pakistan, Sri Lanka on Wednesday said cross-border terrorism was a core issue on the table for SAARC and the members of eight-nation grouping have to discuss it and its impact before moving forward.
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central bank's battle against inflation and have led to a re-evaluation of its exposure to Indian stocks. "The potential for more US Federal Reserve (Fed) rate hikes, combined with the risk that monetary tightening finally bites as regards the economy, remains a risk for Wall Street-correlated world stock markets. "There is also the oil factor. This is why GREED & fear continues to believe the pain trade is down. "Areas in Asia, such as Indian midcaps, which have already done very well, are at obvious risk of some profit-taking," writes Wood.
'Investors with higher risk appetite and longer horizon (more than one year) can invest in longer-duration funds like corporate bond funds, long-duration funds and gilt funds for maximum gain.'
Saina Nehwal's chances of defending her title at the Commonwealth Games looks bleak as she has decided to skip the selection trials for the upcoming multi-sport events.
FIPB panel to meet today, discuss telecom investments.
Home Minister Sushilkumar Shinde was on Thursday made a permanent invitee to the Congress Working Committee, the highest decision-making body of the party.
Akhil Gogoi, an RTI activist from Assam, has been part of activist Anna Hazare's inner circle since the last two years. In an interview with rediff.com's Prasanna D Zore, he explains how the core members of Team Anna swung into action and carried the movement forward when Hazare and his aides Kiran Bedi, Arvind Kejriwal and Manish Sisodia were arrested by the Delhi police on August 16. Akhil is one of the 22 members who form the core group of Team Anna.
LA Knight Riders and MI New York have roped in top international stars for the debut season of the Major League Cricket.
