For the consumer, there would be practically no impact on prices of essential medicines this year.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
A bench of Justices KM Joseph and BV Nagarathna said the earlier regime of four percent quota to Muslims will continue to hold field till May 9, when the matter will be heard next, without any prejudice to the contentions to be raised by the state government.
According to Raj Bhavan, Governor Uikey expressed during the meeting that she had already made to all the sections of the society to solve the problem through peaceful dialogue amicably.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
'I received many threatening calls and letters.' 'A fatwa was issued against me.'
Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. "While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins declined 90 basis points (bps), weighed by higher discounting in own brands and lower ad income.
Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
Since MAAFs invest across multiple asset classes, they offer diversification.
Home Minister Amit Shah on Wednesday appealed to the opposition for the unanimous passage of the women's reservation bill and said shortcomings, if any, can be rectified at a later date.
UltraTech Cement's third quarter of financial year 2023-24 (Q3FY24) performance saw a combination of 6 per cent year-on-year (Y-o-Y) volume growth and 8 per cent revenue growth coupled with better realisations per tonne. The earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at Rs 3,250 crore and Ebitda per tonne was Rs 1,191. Profit after tax (PAT) was reported at Rs 1,780 crore. Other income dipped and interest costs rose.
Yogeshwar asked all the wrestlers to approach IOA and lodge their protest against such unfair decision.
Bharatiya Janata Party candidate Manoj Sonkar on Tuesday defeated Aam Aadmi Party's Kuldeep Kumar to win the post of mayor in the Chandigarh mayoral polls.
By jettisoning the seniority principle, the government has sent a strong signal that only merit and suitability will count in occupying posts in the higher echelons of the military, writes national security expert Nitin Gokhale.
Electioneering ended in Madhya Pradesh at 6 pm except in Naxalites-hit districts of Balaghat, Mandla and Dindori, where campaigning drew to a close early at 3 pm.
The Supreme Court on Thursday directed the Centre and the Assam government to provide extensive data, including those on the number of Bangladeshi immigrants granted Indian citizenship in Assam between January 1, 1966 and March 25, 1971, while taking note of pleas that illegal immigration has impacted demography and cultural fabric of the border state.
He said last-minute decisions by the Narendra Modi government with an eye on polls will not be helpful in swaying the mood of the electorates.
Businesspersons who have the potential to contribute to the economy of a country are given a red carpet welcome by way of a start-up visa.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
Apart from senior officials, the mobile handset of junior officials were kept at the station, to hide any leaked information.
>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.
The FMCG sector is generally considered to be a safe haven during difficult times as people never stop buying soap and toothpaste. However, weak rural and semi-urban demand has been a factor since the lockdowns of 2020-21 while rising inflation has also impacted margins. While the FMCG majors have survived on the basis of price hikes and good management practices, they have seen growth slowdowns and experienced margins being squeezed as raw materials and transport costs rose. The FMCG sector witnessed positive volume growth in the fourth quarter of the 2022-23 financial year (Q4FY23) after five consecutive quarters of decline, and the rebound in demand was led by urban markets.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
'Nearly all companies are extending festival offers for entry-level, sedan, and hatchback segments.'
In both of these Hindi heartland states, the straight contest between the ruling Bharatiya Janata Party and the opposition Congress.
As many as 28 legislators, including former Union minister Prahlad Patel and Bharatiya Janata Party national general secretary Kailash Vijayvargiya, were on Monday inducted into the Madhya Pradesh cabinet led by Chief Minister Mohan Yadav.
At present, a 10 per cent EWS quota is in force for those sections of the society which are not covered by any kind of reservations. The central law on the EWS quota was enacted more than two years ago to allow reservation for the poor in jobs and education among the general category.
Policy owners need to avoid errors on their part to prevent claims from being denied.
'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'
The plenary session in Chhattisgarh's Nava Raipur will start from February 24 and is expected to be attended by around 15,000 delegates.
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time. The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share. The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.
These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.
Kazakh weightlifter Igor Son, who won bronze at the 2021 Tokyo Olympics, has been banned for eight years for doping but will not be stripped of his medal.
Asian Games trials exemption to Phogat, Punia: HC to pronounce order on Saturday
US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers as the company is targeting to increase its exports from India to USD 10 billion annually by 2027. The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textiles, a company spokesperson told PTI. Officials from the Bentonville-headquartered firm recently held a virtual meeting with several domestic toy manufacturers in India.
The Supreme Court on Monday said that seats remaining vacant after implementing the 27 per cent OBC quota in central educational institutions have to go to General Category candidates in the same academic year and cannot be carried forward to be filled later.
The apex court had earlier refused to stay the Centre's decision to grant 10 per cent quota in jobs and admissions to poor candidates in the general category.