News for 'House of Debt'

Police using military weapons against us: Farmers

Police using military weapons against us: Farmers

Rediff.com15 Feb 2024

Referring to an action against farmers by the security personnel deployed by the Haryana authorities at the Punjab-Haryana border, Pandher slammed paramilitary personnel for using "force" against farmers, leaving many injured.

SKM to hold 15 more farmers' conclave ahead of Feb 26 Delhi march

SKM to hold 15 more farmers' conclave ahead of Feb 26 Delhi march

Rediff.com24 Dec 2023

According to the Morcha, the demands which Delhi Chalo has been called include: MSP should be guaranteed as per C2+50 percent formula and, as promised, a law should be made to guarantee it; all the farmers should be made debt free, and all agricultural loan must be waived.

Why mutual fund houses fear losing talent

Why mutual fund houses fear losing talent

Rediff.com7 May 2021

Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.

HC rejects AI employees' plea against eviction from staff quarters

HC rejects AI employees' plea against eviction from staff quarters

Rediff.com14 Mar 2023

The court said if employees continue to hold on to flats then Air India Asset Holding Company would not be able to monetize the land to reduce the burden of Air India's debt.

Some of India's top firms face debt trap

Some of India's top firms face debt trap

Rediff.com16 Jun 2016

These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).

Tax tweaks send foreign mutual funds into a 5-month outflow eclipse

Tax tweaks send foreign mutual funds into a 5-month outflow eclipse

Rediff.com9 Oct 2023

Following alterations in the tax structure, mutual fund (MF) schemes that invest in overseas securities have experienced a sharp decline in inflows. In the first five months of 2023-24 (FY24), international MF schemes have received an average monthly gross inflow of only Rs 270 crore, compared to Rs 490 crore during the same period in the previous year. This decline persists despite nearly all fund houses opening subscriptions for such schemes, with higher redemptions creating headroom for fresh investments.

'Can I Earn Rs 1L P.M. From FDs, Bonds, PPF, EPF?'

'Can I Earn Rs 1L P.M. From FDs, Bonds, PPF, EPF?'

Rediff.com29 Apr 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Zee's repayment woes force fund houses to reschedule

Zee's repayment woes force fund houses to reschedule

Rediff.com19 Apr 2019

According to industry players, over 50 FMPs have exposure to Zee Group companies.

Bad debts of state-owned banks under check

Bad debts of state-owned banks under check

Rediff.com9 Feb 2009

What's worrying for the public sector banks is the rise in delinquency in the housing portfolio, which does not include real estate. But a bank chief said that with low exposure to the real estate sector, the state-run banks have fewer worries. The other area of concern is credit cards but the operations of public sector banks in this segment are small compared with the likes of ICICI Bank, HDFC Bank and Citibank, the largest players in the business.

50 debt brokers nearly broke

50 debt brokers nearly broke

Rediff.com22 Aug 2005

The American Chinese Leaders Adored

The American Chinese Leaders Adored

Rediff.com30 Nov 2023

Dr Kissinger, then US president Richard M Nixon's national security adviser, feigned illness on a visit to Pakistan in July 1971 and made a secret trip to Peking, as Beijing was then called, to begin the process of a rapprochement between America and China. It was a debt that Chinese leaders have never forgotten.

Burdened with too much debt? 9 things to do

Burdened with too much debt? 9 things to do

Rediff.com10 Dec 2013

How to lessen your debt without getting bogged down!

Ask Anil: Of debt MFs and loss on gifted shares

Ask Anil: Of debt MFs and loss on gifted shares

Rediff.com15 Jul 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

HDFC's exit to ease fund-raising conditions for high-rated finance firms

HDFC's exit to ease fund-raising conditions for high-rated finance firms

Rediff.com27 Mar 2023

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.

NPAs: Why debt recovery has become a huge headache for banks

NPAs: Why debt recovery has become a huge headache for banks

Rediff.com3 Sep 2018

According to a government reply in Lok Sabha, as on June 30, 2017, there were about 109,598 cases pending across debts recovery tribunals, with recovery dues of Rs 635,500 crore.

US debt deal makes Indian IT companies wary

US debt deal makes Indian IT companies wary

Rediff.com3 Aug 2011

For the $60 billion Indian IT services industry, the US is the biggest market with almost 50-60 per cent of revenues coming from it.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Debt MFs vs FDs: Which gives better returns?

Debt MFs vs FDs: Which gives better returns?

Rediff.com26 Aug 2010

The question of debt mutual funds verses fixed deposits has been going on for a long time. Which one serves better for the conservative investor? InvestmentYogi takes a close look and breaks it down, giving you the details you need to make an informed choice.

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

Rediff.com15 Sep 2017

In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.

How To Align Your Portfolio This Year

How To Align Your Portfolio This Year

Rediff.com23 Jan 2024

The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.

Midcap, smallcap indices have nearly doubled in 4 years'

Midcap, smallcap indices have nearly doubled in 4 years'

Rediff.com16 Feb 2024

'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'

Dewan Housing makes Rs 962 cr payment, to seek ratings upgrade

Dewan Housing makes Rs 962 cr payment, to seek ratings upgrade

Rediff.com11 Jun 2019

This payment of Rs 962 crore is inclusive of the Rs 500 crore DHFL received from exiting its entire stake in subsidiary firm Aadhar Housing Finance Ltd.

NFO collections shrink in 2022 as new equity fund launches dry up

NFO collections shrink in 2022 as new equity fund launches dry up

Rediff.com28 Dec 2022

Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches this year eclipsing the 2021 tally. Industry insiders cite the absence of launches in popular categories as the reason behind lower collections this year. Typically, only NFOs in popular categories from major fund houses rake in the moolah.

Sahara seals Rs 5,500-cr debt deal for foreign hotels

Sahara seals Rs 5,500-cr debt deal for foreign hotels

Rediff.com7 Jun 2015

Grosvenor House hotel was put on sale by its lender Bank of China earlier this year after a 'technical default'

SIP flow into MF AUM clocks fresh highs in February

SIP flow into MF AUM clocks fresh highs in February

Rediff.com29 Mar 2023

Over 85 per cent of SIP AUM, or Rs 5.8 trillion, is in equity schemes, compared to just Rs 6,100 crore in debt.

US debt crisis: Lawmakers finally reach agreement

US debt crisis: Lawmakers finally reach agreement

Rediff.com1 Aug 2011

The first part of this agreement will cut about $1trillion in spending over the next 10 years.

Investing In Silver ETFs? An FAQ

Investing In Silver ETFs? An FAQ

Rediff.com7 Feb 2024

Anamika Pareek answers five most frequently asked questions about investing in silver ETFs

Protestors set fire to Sri Lankan PM's private home

Protestors set fire to Sri Lankan PM's private home

Rediff.com10 Jul 2022

A group of protesters on Saturday entered the private residence of Sri Lankan Prime Minister Ranil Wickremesinghe and set it on fire, hours after he offered to resign to make way for an all-party government amid unprecedented protests in the country for the resignation of the government led by President Gotabaya Rajapaksa.

Debt-hit fin service providers get a lifeline

Debt-hit fin service providers get a lifeline

Rediff.com16 Nov 2019

The government on Friday notified the rules for insolvency and liquidation proceedings of financial service providers (FSPs). These rules, notified by the ministry of corporate affairs, will not be applicable to banks, reports Ruchika Chitravanshi.

Pay Off Home Loan? Invest For Retirement?

Pay Off Home Loan? Invest For Retirement?

Rediff.com12 Oct 2023

P V Subramanyam takes a hard look at the pros and cons of both options.

In debt and need help?

In debt and need help?

Rediff.com19 Apr 2006

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

Oaktree emerges highest bidder for debt-ridden DHFL

Oaktree emerges highest bidder for debt-ridden DHFL

Rediff.com14 Dec 2020

US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The committee of creditors had fixed December 14 as the last for submission of revised bids. According to the sources, Oaktree raised the bid to Rs 36,646 crore, including Rs 1,000 crore for insurance and Rs 3,000 crore of interest earned, while Piramal Enterprises offered Rs 35,550 crore, including Rs 300 for insurance and Rs 3,000 of interest earned.

Bihar shocker: Dalit woman stripped, urinated on by creditor

Bihar shocker: Dalit woman stripped, urinated on by creditor

Rediff.com25 Sep 2023

The injured victim, who is under treatment in a hospital, claimed that she had to bear this torture despite paying off the borrowed money with interest.

Champai Soren: Puppet Or Puppeteer?

Champai Soren: Puppet Or Puppeteer?

Rediff.com19 Feb 2024

Pressure from the Soren clan is only one of the challenges Champai faces as he readies himself to helm the predominantly tribal state.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com23 May 2023

Among the Sensex firms, Bajaj Finserv, Tata Motors, Asian Paints, ITC, IndusInd Bank, State Bank of India, Tata Steel, Wipro, Infosys and Maruti were the major gainers. Tech Mahindra, HCL Technologies, Kotak Mahindra Bank, Titan and Larsen & Toubro were the major laggards.

Budget 2023: MFs Seek LTCG Relief

Budget 2023: MFs Seek LTCG Relief

Rediff.com9 Dec 2022

'It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds units are held for at least three years.'

Reliance Cap lenders vote in favour of Hinduja Group firm

Reliance Cap lenders vote in favour of Hinduja Group firm

Rediff.com29 Jun 2023

Lenders of debt-ridden Reliance Capital have voted in favour of a resolution plan submitted by Hinduja Group firm IndusInd International Holdings Ltd (IIHL) which made the highest cash offer of Rs 9,661 crore in the second round of bidding. As much as 99 per cent votes were in favour of IIHL as lenders expected to recover cash upfront of Rs 9,661 crore from the Hinduja Group entity, sources said. Besides, sources said cash balance with Reliance Capital (RCAP) of over Rs 500 crore would also go to lenders. So, in all lenders are expected to receive about Rs 10,200 crore for distribution as against Rs 16,000 crore principal secured debt, resulting in 65 per cent recovery for the lenders, sources said.

SIP pie in mutual fund AUM clocks fresh highs in February

SIP pie in mutual fund AUM clocks fresh highs in February

Rediff.com24 Mar 2023

The steady inflows from systematic investment plans (SIPs) into mutual funds (MFs), coupled with outflows from debt schemes, has propelled the share of SIPs in the total assets being managed by the industry to a new high of 17.1 per cent in February. SIPs are used predominantly by retail investors. Nearly seven of every 10 SIP accounts are in equity-oriented active MF schemes.