'I already won. The fact that I was spotted and my name was heard and my face was all over India! I know how big Bigg Boss is.'
Make financial planning a part of your education and definitely a part of your marriage, says financial planner Sheetal Jhaveri.
The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.
'The risk is in not being invested and missing out on an upmove.'
'Given the inherent volatility, investors should take at least a three to five-year view.'
Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.
Check out the winners of the Sony World Photography Awards 2024. Now in its 17th year, the World Photography Organisation's awards ceremony is a major annual moment recognising the best photography in the world, celebrating the images and stories that have resonated with global audiences over the past year.
RCB all-rounder Swapnil Singh, who entered the IPL in the second half and made an immediate impact, opened up on his "emotional" cricketing journey that saw him experience numerous ups and downs and his relationship with star batter Virat Kohli.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Despite the uncertainties created by rising bond yields and oil prices, fund managers have been proactively deploying fresh flows into the equity market. The cash available with equity fund managers, which has remained lower at around 5 per cent in the past few months, hit a 16-month low of 4.8 per cent in September, shows a Motilal Oswal Financial Services report. Cash holdings in equity schemes had topped 6 per cent in February amid subdued equity market sentiment.
Sebi has proposed waiving off stamp duty on e-issuance of bond to the ministry of finance.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which has a comparatively lower popularity among retail investors. The limited launches in equity space also failed to rake in huge sums due to subdued investor sentiments in a volatile market.
TMFs invest in a public index, so investors know beforehand which instruments the fund will invest in.
'For me, every poor is VIP, every mother, daughter, sister is VIP, every farmer is VIP, every youth is VIP'
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Seen by political watchers as the favourite to retain power for a third straight term, the Bharatiya Janata Party has set itself an ambitious target of winning 370 Lok Sabha seats, a goal aimed as much at projecting its strength as at diminishing the opposition in popular imagination.
A high-powered British parliamentary committee has written to Prime Minister Manmohan Singh asking if he was consulted over a controversial plan to introduce a hefty 3,000 pounds cash bond for 'high-risk' visitors from India.
'It makes sense to have gold in one's portfolio keeping the political and economic risks of 2024 in mind.'
"The situation has become irretrievable", Azad, 73, said in his parting shot to Sonia Gandhi, whose trusted confidante he remained right from the time of Sitaram Kesri's unceremonious exit as the party's chief in 2000.
'She got really close, and I was like, oh Miss Universe and me dancing!'
In March, the Registrar of Companies, Uttar Pradesh and Uttarakhand, based in Kanpur, sent a notice to Sahara India Real Estate Corp for using a third party's bank accounts to receive funds from investors.
Under Urjit Patel, the then RBI Governor, the central bank had a habit of making complete about-turns on various issues, including electoral bonds and digital payments, former finance secretary Subash Chandra Garg said in his book titled 'We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.' Citing some instances of about-turns by the then RBI Governor Patel, Garg in his book said, RBI had done so on the electoral bond issue and it had so in case of setting up of Payments Regulatory Board (PRB). RBI also made unilateral decisions like ordering complete data localization for participation in the payment system, Garg wrote in the book which will hit the stands on October 1.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'Every type of deal that US government officials were privately indicating 'hope' to have included a few months back made it in.'
'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'
Prime Minister Modi's remarks on Thursday came during his address to a joint session of the US Congress. He attributed a big part of the success of India-US ties to Indian-Americans.
Mutual funds (MFs) have stepped up equity purchases after staying on the fence for over two months. Their net equity investments reached a four-month high of Rs 7,700 crore in July, rising for the fourth consecutive month after withdrawing a net of Rs 5,100 crore in April 2023. This trend continued in August, with net investments of Rs 3,400 crore in the first three trading sessions, according to data from the Securities and Exchange Board of India.
'The long maturity of these funds makes them well-suited for long-term financial goals such as saving for retirement or children's education or marriage.'
rediffGURU Vivek Lala answers your income tax and personal finance queries.
In a recent note, the global brokerage firm said India now commands a weight of 19 per cent in the above-mentioned portfolio as compared to 18.2 per cent in September 2023. India, it said, is a large liquid market and remains a counter-weight to North Asia if a slowdown in the West occurs and China's recovery disappoints.
The court on Tuesday granted her conditional bail on furnishing a bail bond of Rs 30,000 and two sureties.
'If we want real democracy, the economy itself will need to be democratised.'
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
'You suddenly realise that in this entire big scheme of things, you're just one speck.'
Prime Minister Modi's visit saw India and the US signing several major deals to boost cooperation in key areas such as defence, space and trade.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is in power on its own only in three states -- Karnataka, Himachal Pradesh and Telangana -- with a big question mark on whether it can even stake claim to be head of the INDIA bloc.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Immigrants from five countries -- India, Bolivia, Lebanon, Sudan and Ghana -- stood in a line during the ceremony in the White House.
