News for 'Financial Express'

Why Tailor Your Travel Insurance

Why Tailor Your Travel Insurance

Rediff.com20 Dec 2024

Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

Better demand trends upgrade Indian Hotels to prfit suite

Better demand trends upgrade Indian Hotels to prfit suite

Rediff.com18 Nov 2024

After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.

Despite short-term blip, Sun Pharma remains favourite among investors

Despite short-term blip, Sun Pharma remains favourite among investors

Rediff.com28 Dec 2024

Around six weeks ago, Sun Pharmaceutical Industries, India's largest drugmaker, suffered a setback, which led to a selloff in the share. The US District Court of New Jersey granted Incyte's request for a preliminary injunction against Sun Pharma's launch of Leqselvi, a drug that treats alopecia.

Will RBI's new Guv usher a growth-propping rate cut in 2025?

Will RBI's new Guv usher a growth-propping rate cut in 2025?

Rediff.com22 Dec 2024

The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. Das, a career bureaucrat who in 2016 oversaw Prime Minister Narendra Modi's highly disruptive demonetisation move, left a lasting legacy as he demitted office towards the end of 2024 after expertly navigating monetary policy for six years, the highlight of which was steering India's recovery through the pandemic.

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'

'Algo Trading Is Not Risk-Free'

'Algo Trading Is Not Risk-Free'

Rediff.com23 Dec 2024

Many enter this arena without a detailed understanding of how their algo works.' 'Diligently review information on the strategy, risk profile, potential losses, and expected gains before investing.'

Should You Go For Health Super Topup?

Should You Go For Health Super Topup?

Rediff.com22 Nov 2024

Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.

'Can Rs 1L SIP Make Me Rs 3 Cr?'

'Can Rs 1L SIP Make Me Rs 3 Cr?'

Rediff.com12 Dec 2024

rediffGURU Ulhas Joshi answers your mutual fund queries.

Mahayuti allies to pick Maharashtra CM after polls: Amit Shah

Mahayuti allies to pick Maharashtra CM after polls: Amit Shah

Rediff.com10 Nov 2024

Union Home Minister Amit Shah on Sunday said the ruling Mahayuti in Maharashtra will retain power with full majority and a decision on who will be the chief minister will be taken by the alliance partners after the state polls.

How To Be Free From Home Loan Debt

How To Be Free From Home Loan Debt

Rediff.com13 Sep 2024

Using mantras from the Bhagavad Gita, Vatsal Ramaiya explains how you can conquer your home loan debt and unlock a world of financial freedom and peace of mind.

'My desire to win is stronger than the fear of losing'

'My desire to win is stronger than the fear of losing'

Rediff.com15 Dec 2024

'I am still the kid who loves chess. It used to be the coolest toy.'

Dr Singh's final journey to begin tomorrow at 9.30 am

Dr Singh's final journey to begin tomorrow at 9.30 am

Rediff.com27 Dec 2024

Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.

Bajaj now third most valued finance group; overtakes SBI

Bajaj now third most valued finance group; overtakes SBI

Rediff.com30 Sep 2024

India's financial sector is dominated by large government-owned and private-sector banks.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

Valuations and margin moderation likely to cap upsides for Colgate

Valuations and margin moderation likely to cap upsides for Colgate

Rediff.com8 Dec 2024

Markets to track inflation data, global trends, FII trading this week: Analysts New Delhi, Dec 8 (PTI) Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added. "The domestic stock market is likely to be shaped by a mix of global cues, domestic economic indicators, and the flow of investments from foreign and domestic institutional investors. Key factors like the rupee's exchange rate and crude oil prices will play a critical role in determining market trends. "Globally, geopolitical tensions, particularly the ongoing Russia-Ukraine conflict, continue to pose challenges. However, recent declines in the dollar index and US bond yields have created a more favourable environment for emerging markets like India," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. On the economic front, significant macroeconomic releases, including retail inflation and industrial production data from India as well as US core CPI, are expected to influence overall market sentiment, Gour added. Last week, the BSE benchmark jumped 1,906.33 points or 2.38 per cent, and the NSE Nifty climbed 546.7 points or 2.26 per cent. "FIIs turning buyers in early December, in a total reversal of their sustained selling strategy during the last two months, has altered the market sentiments. The change in FII (Foreign Institutional Investors) strategy is getting reflected in stock price movements, particularly in large-cap banking stocks in which FIIs have been sellers," VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. The release of US CPI inflation data will give some insights into the Fed's December meeting, an expert said. "The markets' attention is expected to turn towards macroeconomic indicators like IIP and CPI inflation. Additionally, the trend of FII inflows, following their recent buying spree, will remain a key focal point for market participants," Ajit Mishra - SVP, Research, Religare Broking Ltd, said. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said this week will see significant economic data releases, including GDP numbers from Japan and the UK, along with China's CPI and India's CPI.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Santa Claus Rally in SMID Stocks

Santa Claus Rally in SMID Stocks

Rediff.com13 Dec 2024

As regards mid-caps and small-caps, analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters and where the valuations have become reasonable.

Why Trump wants his supporters to donate to Democrats

Why Trump wants his supporters to donate to Democrats

Rediff.com10 Nov 2024

President-elect Donald Trump urged his supporters to donate to Democrats to help them overcome the 'financial strain' in the aftermath of the general elections.

'Cricket is India's religion, but...'

'Cricket is India's religion, but...'

Rediff.com27 Nov 2024

World Athletics boss Sebastian Coe is quite aware that cricket is nothing short of "religion" in India but he feels it shouldn't be viewed as a "roadblock" for other sports

Tips To Buy Term Insurance Policies

Tips To Buy Term Insurance Policies

Rediff.com17 Oct 2024

Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. This complicates underwriting.

Right Time To Invest In Silver ETFs?

Right Time To Invest In Silver ETFs?

Rediff.com29 Oct 2024

Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.

Sunny skies await Indian aviation?

Sunny skies await Indian aviation?

Rediff.com23 Dec 2024

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.

O2C biz may drag RIL to another weak quarter

O2C biz may drag RIL to another weak quarter

Rediff.com9 Oct 2024

For Reliance Industries Ltd (RIL), the September 2024 quarter (Q2FY25) may turn out to be yet another weak one as refining margins drag, say analysts. Two brokerage firms - ICICI Securities and Nuvama - expect a 1-13 per cent dip in reported profits in Q2FY25 from a year ago. Kotak Institutional expects a modest 2.2 per cent rise. Revenue, at best based on available analyst estimates, could rise up to 4 per cent.

Rahul, Priyanka to visit Sambhal with Cong MPs

Rahul, Priyanka to visit Sambhal with Cong MPs

Rediff.com3 Dec 2024

Leader of Opposition in the Lok Sabha Rahul Gandhi along with the five other Congress MPs from Uttar Pradesh will visit violence-hit Sambhal on Wednesday, party's state unit chief Ajay Rai said.

'Are ULIP Returns Taxable?'

'Are ULIP Returns Taxable?'

Rediff.com25 Nov 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Why You Need A Child Insurance Plan

Why You Need A Child Insurance Plan

Rediff.com14 Nov 2024

'They take care of the problem: How can I ensure my child's education and other goals are not compromised, even if I am not around?'

Demolition of Kashmiri Pandits' shops sparks protests in Jammu

Demolition of Kashmiri Pandits' shops sparks protests in Jammu

Rediff.com21 Nov 2024

The Jammu Development Authority (JDA) demolished a dozen shops belonging to displaced Kashmiri Pandits in Jammu city, allegedly without issuing notices, sparking protests from various sections demanding action against the officials. The shops were located on JDA land and had been built by displaced Kashmiri Pandits near the Muthi camp three decades ago. The demolition drive sparked outrage from political parties, including the BJP, PDP and Apni Party, and several Kashmir Pandit organisations, who condemned the JDA's action and called for the construction of new shops to help the displaced community sustain their livelihood.

Is This Right Time To Buy A Home?

Is This Right Time To Buy A Home?

Rediff.com18 Oct 2024

For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.

7 dead as 400-year-old fort wall collapses in MP

7 dead as 400-year-old fort wall collapses in MP

Rediff.com12 Sep 2024

The fort, called 'Rajgarh', is believed to be 400 years old, and once housed a museum which was later shifted elsewhere, said a local resident.

He Delivered Milk When He Was 6. At 29 He's A Magistrate!

He Delivered Milk When He Was 6. At 29 He's A Magistrate!

Rediff.com28 Jan 2025

'Studying was never an important part of our life, surviving was.'

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

Jolt to Gautam Gambir as court orders fresh probe into cheating case

Jolt to Gautam Gambir as court orders fresh probe into cheating case

Rediff.com30 Oct 2024

Special Judge Vishal Gogne set aside a magisterial court order, saying it reflected "inadequate expression of mind" in deciding the allegations against Gambhir.

Should You Avoid High-Cost Funds?

Should You Avoid High-Cost Funds?

Rediff.com12 Nov 2024

Investors should match their investment horizon with the fund's portfolio duration.

Smart Tips To Spend Your Diwali Bonus

Smart Tips To Spend Your Diwali Bonus

Rediff.com25 Oct 2024

If you lack an emergency fund or it is depleted, use part of your bonus to build or replenish it.

36 killed as overcrowded bus falls into gorge in Almora

36 killed as overcrowded bus falls into gorge in Almora

Rediff.com5 Nov 2024

A packed beyond capacity bus carrying passengers returning to work after Diwali fell into a deep gorge in Uttarakhand's Almora district on Monday, killing at least 36 of the over 60 people on board.

It's unacceptable: Pakistan reacts to India's refusal to play

It's unacceptable: Pakistan reacts to India's refusal to play

Rediff.com10 Nov 2024

Pakistan's cricket community also reacted with anger to India's decision as former Test captain Rashid Latif insisted that the PCB has to make a strong statement.

Strong order book to stand defence major Bharat Electronics in good stead

Strong order book to stand defence major Bharat Electronics in good stead

Rediff.com2 Dec 2024

A robust margin performance in the September quarter (Q2FY25) led to a 12 per cent rise in the stock of defence major Bharat Electronics (BEL). While the stock has given up most of those gains in the recent market correction, analysts are positive on the company due to its strong order book, new order inflows, and margin trajectory. The near-term trigger has been the operating performance in Q2FY25.

IT aims for the sky after Accenture's Q4 results

IT aims for the sky after Accenture's Q4 results

Rediff.com5 Oct 2024

Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.

Want To Invest In Banking Funds?

Want To Invest In Banking Funds?

Rediff.com11 Sep 2024

'It's advisable not to go overboard on a banking sector fund or any other sector fund.'