Indian companies typically have higher return on equity.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
With EPFO capping the contributions to your pension scheme, you could look at other pension plans.
Second-line AIADMK leaders and cadres alike say that by starting the talks first with the BJP and committing the party to an alliance without discussing seat-sharing, the leadership might have commenced the coalition discourse at the wrong end. According to them, even 20 seats for the BJP may be too many, says N Sathiya Moorthy.
In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
Even as the unity moves between the two AIADMK factions seem to be going nowhere, former chief minister O Panneerselvam is working on a grand alliance of other Opposition parties, reports R Rajagopalan.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
According to the foreign brokerage major, after two quarters of 'near-zero' growth aggregate headline profit for Sensex companies, it is expected to show a weak recovery.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
However, despite Covid, Indian markets registered their best financial year performance in a decade, with the Sensex and Nifty50 rallying 68 per cent and 71 per cent, respectively, in FY21.
Senior All India Anna Dravida Munnetra Kazhagam leader D Jayakumar on Wednesday slammed V K Sasikala, confidante of late party supremo J Jayalalithaa, for attempting to create confusion in the party using "audio politics" and for trying to "divide and rule."
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
With the Tamil Nadu electorate having given him an unprecedented mandate that had eluded his father the late M Karunanidhi, Stalin has to prove his worth, ensuring at the same time that the Dravidian drag on the AIADMK's side does not open up space for the BJP to make inroads in the state, says N Sathiya Moorthy.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
The index is more expensive than it was at 2014-end or when it hit a life-time high in January.
Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.
National politics will have a bearing on the RK Nagar byelections, and even in the state elections whenever they are called, says R Rajagopal.
Over the next three - six months, UBS believes earnings will be the main driver for EM equities outperformance.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
Around 20 lakh pensioners to benefit from govt new pension scheme.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Trustees of Retirement fund body EPFO will decide tomorrow on amending the scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit about its 28 lakh pensioners.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
It is thanks to these internal differences that the much-awaited merger between the two factions has not made any headway so far, reports R Rajagopalan.
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
Issues with the malfunctioning of heart beats go on without suspicion and are difficult to diagnose
Considering that all sides to the game feel being targeted by the BJP-ruled Centre through taxmen and their ED/CBI counterparts, both factions may not rule out the possibility of patching up after a time, says N Sathiya Moorthy.
AIADMK coordinator O Panneerselvam is said to be upset at his son Raveendranath Kumar, a Lok Sabha MP, being denied a ministerial chance for a second time in a row, beginning with the formation of Modi 2.0 in 2019, reveals N Sathiya Moorthy.
Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.
The contemporary problem with the BJP in Tamil Nadu is that it has been trying hard to package the DMK especially as anti-god and anti-Hinduism, and seeking it to link to Periyar and M Karunanidhi, and by extension to Stalin, the latter's son and successor to the party mantle. Their hope was to consolidate the perceived 'pro-god, pro-religion votes', which they saw returning to the fold post-MGR, post-Jayalalithaa. But no such substantial vote-bank existed even in Periyar's time, says N Sathiya Moorthy.
From the valuation angle, the market is showing similar signs of being over-valued without being in a bubble territory yet.
The much-awaited minimum monthly pension of Rs 1,000 and a higher wage ceiling of Rs 15,000 for social security schemes run by retirement fund manager EPFO will be implemented from September 1.
It was the 12th day in a row that US military planes have approached the mainland coast, the report said.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
In the past few years, MFs have emerged as significant institutional buyers, often offsetting the selling by FPIs.
After a gap of 10 years, the DMK snatched the reins of power from arch rival AIADMK, with its president M K Stalin leading the party to a stellar performance and in the process, helming the state as chief minister for the first time.
Sticking to smaller and mid-cap companies can be more fruitful, suggests Devangshu Datta.
"This is part of our policy to empower minorities with dignity and without appeasement," Naqvi said.
The two rival factions of the AIADMK may have merged, but there are problems staring at it on all fronts -- governmental, political, electoral and organisational, says N Sathiya Moorthy.
