The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.
'Investors with a long-term investment horizon and the risk appetite for fluctuations in property values may find SM Reits a viable option.'
The resolution seeking his reappointment as chairman and managing director of the diversified conglomerate will be put to vote at the company's annual general meeting to be held on August 11, 2023, according to a notice sent to the shareholders on Tuesday. The company under Puri drove the 'ITC Next' strategy in the last four years encompassing digital acceleration, cost optimisation, investing in new growth vectors and ensuring supply chain agility, its officials said.
Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan
'Young investors should focus more on equity, while retired senior citizens should prioritise fixed income.' 'Mid-career investors should aim for a balanced allocation.'
Ram Madhvani's series is all over the place and also boring to watch, complains Deepa Gahlot.
Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."
The Uttar Pradesh government has informed the Supreme Court that the disputed "private well" near the Mughal-era Jama Masjid mosque in Sambhal was situated on public land. The state government said the petitioner failed to disclose there was a well within the boundary walls of the mosque known locally as "yagna koop". The committee, in a spot inspection, found that the well was situated outside the mosque boundary wall, the report said. The report said the state was committed to ensuring peace and harmony in the region and any restraint on the use of such public wells by the community at large may not help in achieving that goal.
Here's a formula that helps you understand how much money you will need to retire early in India and simple steps to achieve it.
More than 55.11 lakh devotees had taken the holy dip till 8 am, according to the Uttar Pradesh government.
Reliance has filed patents not only in India but also in the US, Canada, Europe, Estonia, South Korea, and South America. The patents include narrowband Internet of Things, AI large language models, AI DeepLearning, Big Data, devices, and quantum AI in 6G.
West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.
Dr Nandita Palshetkar, IVF expert and medical director, Bloom IVF, explains how certain behaviour can lead to poor quality of sperm.
The Supreme Court of India has ordered a status quo on a private well located near the entrance of the Sambhal Jama Masjid, prohibiting any action regarding the well without its permission. The order came in response to a plea by the mosque's management committee, which challenged a lower court order that allowed a survey of the mosque, citing concerns over violence and loss of life during previous surveys. The court also instructed the authorities to file a status report within two weeks.
How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.
Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.
Megha Engineering had emerged as the second-biggest buyer of electoral bonds and donated the highest amount of about Rs 586 crore to the Bharatiya Janata Party, according to the data released by the Election Commission on March 21.
Developers in India now have expanded access to Google's powerful AI models with the 2 million token context window in Gemini 1.5 Pro and Gemma 2, the next generation of open models.
The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.
Infosys will comply with whatever regulations and guidelines Karnataka comes up with, a top company official said on Thursday on the proposed reservations for locals in private firms in the state. Infosys employs over 3.15 lakh people at present across the globe. "We are planning to work with all the regulations of the state and central governments.
Many lay folks cannot fathom the arcane language of the corporate governance brouhaha. I found that a mythological story connects very well, says R Gopalakrishnan.
Punjab Police have arrested five people, including the mastermind, in connection with recent grenade attacks on police stations in the state. The terror module is allegedly backed by the banned Babbar Khalsa International (BKI) and Pakistan's Inter-Services Intelligence (ISI). The arrests come after a series of grenade attacks on police stations in Punjab, with the BKI claiming responsibility for some of the attacks. The police are continuing to investigate the incidents and are expecting more arrests.
There are currently no reported cases of Monkeypox in India even though cautionary measures will be put in place to prevent and control the spread of the disease, the Union health ministry said on Saturday.
'It was inspired by the Hamas attack and was like their attack -- well planned and well executed.'
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
Rahul Rawail remembers his mentor Raj Kapoor.
India and China have held their first diplomatic talks since withdrawing troops from two face-off points in eastern Ladakh, reflecting on the lessons learned from the border row to prevent future incidents. The two sides agreed to maintain peace and tranquillity in border areas, prepare for the next meeting of Special Representatives on the boundary question, and highlighted the importance of regular exchanges and contacts at diplomatic and military levels. The talks come after the completion of the disengagement process from the last two friction points, following an agreement finalized in October 2022.
A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.
They are also on the board of Maruti Suzuki India.
Here's how to own your dream home without paying excessive interest on your EMIs.
Till now, the company was selling the Beat in petrol and liquefied petroleum gas variants.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'
Aviva India is reviewing its India plans and proposes to enter the asset management and general insurance sectors.
'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'
Investors should match their investment horizon with the fund's portfolio duration.
If General Asim Munir, Pakistan's new army chief, wants to help defuse the current polarised atmosphere and shepherd civilian politicians towards negotiations on an acceptable date for elections, he may need to distance himself from any perception of needless hostility to Imran Khan, explains Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
The expectations of a borrowing cut by the government faded among bond-market participants after the general election results because they feel the compulsions of running a coalition may put pressure on the exchequer, according to dealers. The recent trend of moderate depreciation in the rupee's nominal effective exchange rate (NEER) might not persist if there are significant changes to the structural reform agenda.
Tata's Vistara has a very strong core team to look into daily operations.
'Everybody was scared, especially with Rajesh Khanna playing a double role and playing my lover and my son.' 'It was quite a risky thing to do. That's why they made me look so old.'
