As the rest of India swelters in unbearable heat, respite appears on the horizon with the first showers in Kerala.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow was negative.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
At a time when investors are preferring higher-risk investment products like thematic and small-cap mutual fund (MF) schemes, some fund houses are exploring the possibility of going further down the market-capitalisation (m-cap) ladder to unearth newer investment opportunities. HDFC MF had filed papers with the capital markets regulator - the Securities and Exchange Board of India (Sebi) - earlier this year for an active micro-cap scheme. Some more fund houses are keen on launching such schemes, say industry observers.
IMF MD Christine Lagarde hailed the government's latest Budget.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
The Indian equity market is likely to remain under pressure and rangebound over the next few months. This comes as global central banks, led by the US Federal Reserve look at a possibility of hiking rates aggressively to tame inflation. Back home, the Reserve Bank of India, too, remains data dependent in its endeavour to keep inflation in check and pursue an aggressive monetary policy stance.
The number of active terrorists in the valley is at its lowest in the last 34 years, General Officer Commanding of Chinar Corps Lieutenant General A D S Aujla said.
'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
'The relationship between Kashmiri Pandits and Article 370 is vexed.' 'Sentiment in Jammu towards Article 370 was largely unfavourable and Jammu resented being lumped with Kashmir and placed on a different footing from the rest of India.'
There was no word on the much-anticipated procurement of 26 naval variants of Rafale fighter jets by India from France.
If you don't have a specific goal, but want intermittent liquidity, then ladder your FDs, that is, invest in FDs of varying maturities, such as one, two, three, five or even 10 years. Laddering ensures FDs mature at regular intervals.
Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) -- to Rs 25,400 crore -- in April as investors applied brakes on lump sum investments amid a sharp upwards movement in the market. Gross inflows for March stood at Rs 38,641 crore. The sharp decline pulled the net inflows to a five-month low of Rs 6,480 crore, shows data released by the Association of Mutual Funds in India (Amfi).
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'The potential headwind is that the Indian economy is likely to see a slowdown in growth rates over the next two years.'
Afghanistan and the US have criticised Pakistan in the past for allowing Taliban fighters to cross into Pakistan where they are provided safe havens and also receive medical treatment.
Promoters of the bill, being led by non-profit Equality Lab, said that a similar bill is being introduced in the State House of Representatives, before it can be sent to the Governor to be signed into a law.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Introducing UCC is a challenging task for any government. The complexities are real and difficult to negotiate as it deals with sensitive religious and cultural sentiments. How can it strike an easy balance between individual rights and community interests?, asks Ramesh Menon.
Manchester City celebrated their Premier League title on Sunday, beating Chelsea 1-0 with an early goal by Julian Alvarez in the team's home finale at a sun-drenched Etihad Stadium.
Nikunj Saraf, Vice President Choice Wealth, will answers your MF queries.
The competition for the worst or most perilous 10 years has always been between the 1960s and the 1980s, points out Shekhar Gupta.
Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.
The defence ministry on Thursday accorded its approval to procure 30 MQ-9B Predator drones from the US to crank up the surveillance apparatus of the armed forces, especially along the frontier with China, people familiar with the development said.
Manchester City clinched the Champions League title to seal their treble in a sensational season.
'There are matches immediately after Netherlands, so it's unlikely there will be time for changes'
You must buy stocks and mutual funds only with a long-term horizon if you want to make decent returns.
The rally in silver may continue if the global economic recovery remains on course.
The email that was sent to alumni a couple of days ago purportedly gave detailed instructions on how to change the location, which had drawn sharp criticism from a section of alumni and social media users.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
'While we do some metro-to-metro flying, we have got a lot of metro-to-non-metro cities like Bengaluru-Visakhapatnam, Bengaluru-Bhubaneswar, Bengaluru-Guwahati and Bengaluru-Kochi.'
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
Chandrayaan 3 follows the Chandrayaan 2 mission which did not achieve the desired soft landing on the surface of the moon in 2019, disappointing the scientists.
The Samajwadi Party is unwilling to cede ground to the BJP, especially in Amethi, since the Congress is too weak to counter the BJP's well-oiled election machinery.
Social media giant Facebook is planning to rebrand the company with a new name next week. As per The Verge, the company is planning to change its name to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The name change, which CEO Mark Zuckerberg plans to talk about at the company's annual Connect conference on October 28, but could unveil sooner, is meant to signal the tech giant's ambition to be known for more than social media and all the ills that entail.
With 11 of their players in the squad over the age of 30, and a new World Cup cycle on the horizon, change is inevitable. Coach Roberto Martinez has also yet to sign a new contract, with his current deal expiring soon.
