Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
The PM has assets worth Rs 2.5 crore including a residential plot in Gujarat's Gandhinagar, fixed deposits of Rs 1.27 crore and Rs 38,750 cash in hand.
India's gold reserves were also up by $297.7 million to $19.33 billion
What should investors do post-demonetisation?
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Gross domestic savings as a proportion to GDP fell from a high of 36.8 per cent in FY08 to 30.8 per cent in FY13, according to the Reserve Bank.
All of the halls, from the East Room to the Red Room, were decked by over 125 volunteers.
'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
Anshu Malik and Sonam Malik are best friends, thanks to a timely truce called by their parents and coaches.
This will bring down capital gains especially in case of property transactions.
The 44-player industry logged assets under management of Rs 26.33 lakh crore in October-end, as compared to Rs 27.04 lakh crore by November end, representing a growth of 3 per cent. Among debt-oriented schemes, overnight funds received flows worth about Rs 20,650 crore, the highest among the fixed-income segment last month.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
Christopher Wood, global head of equity strategy at Jefferies reiterate his bullish view on Indian equities on the back of a steady fall in Covid cases coupled with a sharp economic recovery in India, reports Puneet Wadhwa.
'We have stopped eating sweets, chocolates, spicy and oily food. We are are taking low carbs and balanced diet and feeling better'
Markets now expect the Fed to normalise rates gradually.
'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'
Here's how to get high returns from equities...
The yellow metal is a safe bet in the long run.
Deepika bonded with Aishwarya. Anil Kapoor and wife mingled with the Thackerays.
As the rupee falls to new lows, the author reviews India's external sector risk indicators.
Forex reserves include a country's gold holdings and convertible foreign currencies held in its banks, including special drawing rights and exchange reserve balances, with the International Monetary Fund.
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
Equity mutual funds witnessed an outflow of Rs 9,253 crore in January, making it the seventh consecutive monthly withdrawal, primarily due to profit booking and portfolio rebalancing amid markets touching new highs. The pace of outflows from equities has however slowed for the third month and Gautam Kalia, head - Investment Solutions, Sharekhan by BNP Paribas said that it will likely turn positive soon as investors get used to the new normal. In addition, investors pulled out Rs 33,409 crore from debt mutual funds last month after investing Rs 13,863 crore in December, data from the Association of Mutual Funds in India showed on Tuesday.
A heavy dependence on imported energy, gold and technology means India has historically run a current account deficit, which it has funded by attracting foreign money into stocks, bonds and corporate investment.
Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
The number of ultra rich falls to 2.56 lakh in 2018 from 2.63 lakh. As much as Rs 262 lakh crore of the wealth possessed by the high networth individuals are in the form of financial assets, while the rest are parked in physical assets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
He also feels that central banks have injected too much liquidity, which is not sustainable and will end badly for investors.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Michael Jordan, Magic Johnson and former Bryant teammate Shaquille O'Neal were among the Basketball Hall of Famers who attended the memorial
I still hold 25 per cent in equities, says Marc Faber.
Never put all your eggs in one basket. This simple investment principle needs to be remembered especially in today's bad times.
The actor wore two different looks.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.