Once declared a dud stock, Suzlon has generated stellar returns for investors thus far this calendar year. On a year-to-date (YTD) basis, Suzlon's share price has doubled investor wealth by soaring 109.35 per cent on the bourses. By comparison, the benchmark BSE Sensex has gained just 11.2 per cent.
In the third of the series, Suren Kochchar offers six pointers to help women achieve financial goals. An International Women's Day Special.
On the Sensex chart, Bajaj Finance, Bajaj FinServ, SBI, IndusInd Bank, Dr Reddy's, Tech Mahindra, ITC and Kotak Bank were the prominent gainers - rising up to 7.29 per cent. NSE Nifty climbed 102.40 points to end at 15,737.75.
Harjot Singh Narula lists 5 lessons Diwali teaches you about your financial future
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.
Here is the fourth part of a series to help you analyse personal financial ratios that will help you check your financial health.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
Of the two rate structures on the table, one suggests tax slabs of 8 per cent, 16 per cent, and 24 per cent. The other proposes tax slabs at 9 per cent, 18 per cent, and 27 per cent.
'My suggestion to everyone would be: Never ever break your savings and investments,' advises Vikash Sanganeria.
George Clooney, the Hollywood actor and influential Democratic financial supporter, has called for United States President Joe Biden to end his re-election campaign, arguing that the president is too old to run again.
The states will be asked to tap the Centre's JAM trinity.
Government departments have been tasked with identifying major goals, which will include annual targets from the financial year 2024-2025 to 2028-2029.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
Still reeling under a deadly second wave of Covid-19, Maharashtra may witness a third wave of the infection in July-August, Health Minister Rajesh Tope said on Thursday.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
'There is not any negative connotation associated with it.'
Under financial stress, Cricket Australia has already put 80 per cent of its staff on 20 per cent salary till end of June, while a handful of others, including the executives, remained on 80 per cent pay.
rediffGURU Sunil Lala answers your personal finance-related queries.
In a video statement, Suraj Pal who also goes by the name of Narayan Sakar Hari expressed his grief and condoled the deaths at the tragedy that took place earlier this week during a 'Satsang' in Fulari village in Hathras district.
A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24). The RBI's dollar purchases increased in FY24, supported by robust capital inflows endorsing the economy's health.
External Affairs Minister S Jaishankar on Sunday concluded a crucial visit to Male, assuring the country's top leadership that the Maldives remains an important partner of India in maintaining peace, stability and prosperity in the Indian Ocean region.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
'I have had my share of unpleasant situations being a woman, like so many other actors have gone through.' 'I took it in my stride because I knew it happens.' 'What saved me was what my mother used to say: Education.'
'Not disclosing information to the public indicates that there is something wrong with Project Cheetah.'
'Any cricketer from any country should be helped by his Board, but Anshu's case must be taken up on priority and treated as paramount.'
With nothing to lose on the eve of his final international outing, Dean Elgar didn't hold back while expressing his disgust about Cricket South Africa sending a third-string squad to New Zealand under an uncapped captain just because the series is coinciding with the cash-rich SA20.
A cultural preference for sons in India may be expressed as 'son preference' or 'daughter aversion', arising from patrilocality, patrilineality, the cost of dowry, and old-age support from sons.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
The ministry of finance will kickstart its massive budgetary exercise from October 15.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
Dr Reddy's Laboratories (DRL) is set to acquire Haleon's global portfolio of consumer healthcare brands in the nicotine replacement therapy (NRT) category outside of the US. DRL will pay a total consideration of 500 million, including an upfront cash consideration of 458 million and contingent cash payments up to 42 million based on performances in CY25 and CY26. DRL will acquire the portfolio through the purchase of shares of Northstar Switzerland SARL, a Haleon group firm.
They combine financial protection and health and lifestyle management support for non-communicable diseases such as hypertension, diabetes, heart disease, cancers and tumours.
The Enforcement Directorate made these claims in an official statement issued by the federal agency following its raids in this case at Chennai, Madurai and Tiruchirapalli on April 9.
Larger hospitals are not worried about a spike in cases, as they are now accustomed to converting ICUs and general wards into negative pressure zones or isolation rooms. For smaller hospitals, the task is tedious.
One can't run away from death so this is the time that YOU must create your own death file. P V Subramanyam explains what you must know about this most essential financial tool.
The remarks by Naidu in his last address as the country's Vice President came even as Telangana's ruling Telangana Rashtra Samithi RS said the welfare of poorer sections of society is not a freebie and that welfare measures taken by governments should continue.
Chief Minister Mohan Yadav on Sunday night ordered the removal of the Sagar district collector, superintendent of police and sub-divisional magistrate following the deaths of nine children on Sunday, an official said.
Professional soccer has been suspended since March and with no clear date set for a return, Michael Bennett says the uncertainty has led to anxiety, the Times reported.
The group issued a statement clarifying its financial health. It said the reports in the UK media questioning its financial health were based on 2008 calendar year results and its current state had improved significantly.
