He termed the Centre's decision to demonetise Rs 500 and Rs 1,000 notes as "surgical strike" on common man's "small savings" and not on "black marketeers".
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
'We have the political will to take this to the very end.' 'But what eventually happens depends on the effectiveness, honesty and missionary zeal of the officialdom in the frontline of the battle against corruption,' says S Muralidharan.
Demonetisation should be judged to have delivered some immediate gain if at least around Rs 2 trillion gets immobilised.
Finance Minister Arun Jaitley presented the Union Budget.
Record liquidity infusion by the central bank in the banking system during the financial year 2020-21 amid sluggish economic activity resulted in banks investing more in safe government papers than in extending loans, data from Reserve Bank of India (RBI) showed. This trend has not been seen in nearly two decades, barring 2016 - the year of demonetisation.
With a sole mandate of inflation targeting, RBI wears many hats.
With the Union Budget over, it is a good time to start the rebalancing exercise. Take cues from last year's market performance
Malls, retail stores are being hit by online sales and are struggling this festive season.
Brazilian police arrested on Thursday the head of the national Olympics committee, who is accused of conspiring to bribe members of the International Olympic Committee (IOC) to pick Rio de Janeiro as host of the 2016 games.
The abolition of wealth tax is again a welcome step.
The mutual fund industry also witnessed record sales.
If new goals have emerged, this is the time to make fresh investments.
But their trajectory and direction have been largely influenced by politics and the political leadership's understanding of how the economy needs to be managed, explains A K Bhattacharya.
Raju's grandfather had commissioned a similar sahasra nama mala for Lord Balaji 50 years ago. Raju now wanted to offer a new garland.
Smart investors fine tune their investments as per the Budget announcements to make the best possible use of tax deductions and other sops.
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
How will the government's decision to demonetise Rs 500 and Rs 1,000 notes help curb the creation and flow of black money into the Indian economy?
Stability in currency markets was only restored from September.
The Association of Mutual Funds in India (Amfi) has already taken up the matter with the market regulator and the finance ministry.
'Those who looted the nation have fled the country.' 'Those with rooms full of cash have already converted their cash into gold and property.'
Teen sensations Bhaker, Chaudhary and Bhanwala grabbed podiums and headlines with their fearless approach, with Japsal, in their own words, playing a crucial role in their success.
It is best to invest long-term surplus in stocks or equity mutual funds.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav on Thursday declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
The government can seek details from sellers such as sources of funds while buying.
In essence, follow the private-equity approach to personal investing and treat each investment decision as if it is a matter of life-or-death, because it is, suggests Avinash Luthria.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances