Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
Some experts, however, see a silver lining in the fall and said the volatility has come down sharply and that bodes well for the Indian currency
Paying just minimum amount due? Closed your oldest credit card? Have never accessed your CIBIL report? You could be in trouble :(
The economic slowdown took a heavy toll on some of the financial institutions like IDBI, IFCI and IIBI, with the cumulative loan disbursement falling by 22.4 per cent at Rs 17,878 crore in the last fiscal.
A consortium of six banks led by IDBI will finance the project to the tune of Rs 1,194 crore (Rs 11.94 billion), Rs 512 crore (Rs 5.12 billion) will be raised through equity while Rs 650 crore (Rs 6.5 billion) will come from the MMRDA as capital subsidy. The closure is unique in many ways as nearly Rs 200 crore (Rs 2 billion) have been spent on the project before the financial closure.
Who would have thought that tales of gods would sell in millions? But Amish, with his unique narrative vision, has captured the heart of the Indian reader
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent.
Six money lessons you can learn from the popular game
This is despite the private sector companies outperforming their public sector counterparts, reports Sachin P Mampatta.
Sebi takes 6 merchant bankers to task for lapses in IPO
Without the handsome receipts from the sale of government equity in PSUs and sharp increases in excise revenues from oil, Mr Jaitley's fiscal consolidation drive would have become even more arduous, says A K Bhattacharya.
Besides these entities, IDBI Capital was shortlisted by the interim pension regulator PFRDA for acting as a fund manager and asked to submit bids.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
ED has approached the MEA seeking initiation of deportation.
RBI's liquidity tightening stance had stumped the Street as a result of which bond yields had risen.
Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.
Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
Middle class Indians have grown up with the belief that living on credit is essentially a bad thing. You are in trouble if you think the same, cautions Rajiv Raj
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
'A 180-days period -- for insolvency resolution -- is aggressive, but by no means inadequate.'
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Liquor baron Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, is all set to be expelled from the Rajya Sabha as Chairman Hamid Ansari on Tuesday turned down his resignation on procedural grounds.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis