Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.
To be fair, one year is too short a period to judge the schemes' performance.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at $37.6 billion (about Rs 2.79 lakh crore). In an e-mail to employees, Flipkart group chief executive officer Kalyan Krishnamurthy lauded the critical role played by the staff in reaching this milestone.
Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse.
New Zealand all-rounder James Franklin feels Mahendra Singh Dhoni erred in his decision after winning the toss, and said the entire Kiwi outfit was surprised when the Indian skipper decided to bowl first in the second Twenty20 game at a relatively slow Chepauk pitch in Chennai.
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
Check out India's schedule on Day 7 of the Commonwealth Games in Gold Coast, on Wednesday.
Investors can sell their entire equity and move to debt when stocks get expensive
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
Experts say the impact on the schemes' NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or credit events.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Today, there is no easy money to be made after the run-up in equities.'
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Here's what you should look at before investing in mutual funds.
Experts say the size of the fund shouldn't be a primary criterion for selection.
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
Mid- and small-cap funds dominate the list, opening up opportunity for investors to make contra bets in large-cap funds
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India will move beyond outsourcing software and systems management into realms such as medical design in 2006, predicts BusinessWeek.
Here are some of the best images clicked across the globe in the month of August.
Wondering if you did the right thing with your mutual fund investments?
Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
R Sukumar of Franklin Templeton Invetments (India) continues to be positive on the longer term prospects of the market although he feels that rising interest rates and inflation could pose as a problem in the short term.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
Last October's circular meant that downstream investment by such funds by way of subscription or acquisition of shares would have been considered "indirect foreign investment" if their investment manager or sponsor is owned or controlled by a non-resident. The finance ministry has now said that mutual funds that invest more than 50 per cent in equity shall be omitted from the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
Find out if you do these 6 things to become one
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
As the stock markets scale new peaks almost every day in a pre-poll rally, a vast majority of Indian investors expect a further rise in equities in the current year, says a survey.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
