'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.
The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'
The Delhi State Environment Impact Assessment Authority (SEIAA) has granted environmental clearance to the proposal for the construction of the 'Executive Enclave' which will house the new Prime Minister's Office and Cabinet Secretariat.
The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.
'There is more expansion in the industry happening in retail lines, so we will continue to focus on those lines.'
India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.
'Top lines will grow, volume growth will be there, but margins might also be impacted.'
The city's 24-hour Air Quality Index (AQI), recorded at 4 pm daily, stood at 417, making it the worst in the country. On Friday, the AQI level was 396.
International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the "terrible and disturbing" incident of rape and murder of a trainee doctor in Kolkata. "Personally, it is terrible to have any event of this kind. It is disturbing," she told Business Standard in New Delhi.
Describing as 'significant' the impact of the oil spill caused by collision between two cargo ships off Mumbai coast, Environment and Forest Jairam Ramesh on Saturday said the Centre is in the process of assessing the extent of ecological damage.
Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.
Successive governments focused on altering the clearance processes but largely gave a pass to the second, and essential, element of environmental regulations for monitoring pollution levels and how industries followed conditions laid down for clearances.
Tamil Nadu Chief Minister J Jayalalithaa has questioned the Centre for "entertaining" Kerala's request for approving environment study to construct a new dam at Mullaperiyar in her state, saying it was in contravention to the Supreme Court order.
'We will not accept the CAA and EIA. We have been protesting against the CAA since 2016, but this government has not listened to us'
As Singapore, New York and Melbourne have shown, cities can mitigate the impact of heatwaves if they have the will to create green infrastructure, explain Amit Kapoor & Bibek Debroy.
Teaching your son about healthy boundaries requires helping him understand that it's okay to express emotions, says mental health coach Kiara Jain.
The Centre on Friday told the Delhi High Court that it was willing to translate and publish the draft Environment Impact Assessment (EIA) in all the 22 vernacular languages in the Eighth Schedule of the Constitution.
The Green Panel also questioned the building up of pontoon bridge by the army on river Yamuna for the festival, and asked the Delhi Development Authority counsel as who gave the permission for setting it up.
India will require new technical solutions and approaches to solve environmental problems.
"If HR isn't responsive, it's critical to keep records of all interactions -- e-mails, dates and any conversations you had. If HR fails to help, escalate the matter to higher management or the internal complaints committee," says Smita Shetty Kapoor.
The water resources ministry told the NGT panel it has not granted permission for 'World Cultural Festival' being organised by Art of Living foundation.
According to reports, the MHA is worried about a stampede-like situation at the event as there is 'no evacuation plan' in case of an emergency.
The coronavirus pandemic has not impacted India's long-term growth trajectory although it has delayed it and in this decade, the country will lead the global growth rates, Tata group chairman N Chandrasekaran said on Tuesday. Speaking at tech giant Microsoft's annual flagship event, Future Ready, he said it should be a national priority to enable access to healthcare and education using digital infrastructure for all in the country, considering how the acceleration of digital adoption during the pandemic has created a divide as many people, who do not have the means and access, have been left behind. "There are many things going for India. I think as the economy fully opens up post the pandemic, I believe that our growth will continue to get stronger.
The apex court pulled up the authorities for not taking appropriate steps to preserve and protect the Taj.
There is a need to mainstream green finance and devise ways for incorporating environment impact into commercial lending decisions, RBI Deputy Governor M Rajeshwar Rao has said. Addressing climate risk in the financial sector should be the joint responsibility of stakeholders as it would affect the resilience of the financial system in the long run, he said. Rao made these comments while speaking at the CAFRAL Virtual Conference on Green and Sustainable Finance, recently.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors' sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.
The ministry of environment and forests, according to documents available on its website, had set up a Bt brinjal Technical Review Committee early in 2007.
The Narendra Modi-led government has issued around 50 fresh guidelines easing conditions for industry in about six months, beside launching an online system for applying environment clearances.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
Learning will become genuinely global as a result of immersive experiences. Edtech advances will increase engagement, enhance knowledge and dissolve geographical barriers, says Anant Bengani, director, Zell Education.
The Indian Institute of Forest Management, Bhopal, an autonomous institute under the ministry of environment and forests, invites applications for its various Management Development Programmes
A farmers' association of Tirunelveli district had filed the petition claiming that EIA was mandatory for the project to be implemented in 16,000 acres of land, of which around 3,000 acres would be on the sea shore.
Information technology major Wipro has asked candidates who have successfully completed their training and who were offered Rs 6.5 lakh per annum earlier whether they would be willing to take up projects for an annual compensation of Rs 3.5 lakh. Wipro told Business Standard that it had to adjust its onboarding plans "in the light of the changing macro environment and, as a result, our business needs". "Like others in our industry, we continue to assess global economies and customer needs, which factor in our hiring plans.
The searches, they said, are related to the department's probe in the biggest haul of cash and gold in Chennai post demonetisation.
The NRSC satellite imagery revealed that the lake covered approximately 162.7 hectares. Its area increased to 167.4 hectares on September 28 but drastically reduced to 60.3 hectares.
Emphasising the importance of sustaining food and energy security, the G20 leaders called for the "cessation of military destruction or other attacks on relevant infrastructure".
The new programme could bring in longer lead times and paperwork
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