Nikunj Saraf, Vice President Choice Wealth, answers your queries.
India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 crore or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark. Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021. The average wealth increased by 25 per cent this year that also saw the livelihoods of thousands of people being hit by the coronavirus pandemic.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
'At this point, it does not appear to be a Lehman Brothers kind of crisis, which had a domino effect on the financial system.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Earnings revival could be two quarters away.'
Many are now hoping the markets remain in good stead as they look to finalise the dates for IPOs, such as UTI MF, Computer Age Management Services, Happiest Mind, and Angel Broking. Most of the issues are expected to come to the market in the second half of September.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
No major deals above the value of USD 300 million happened last month, causing the decline from January, which registered deals worth USD 3.5 billion, according to a report released by consultancy firm EY on Wednesday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
Last year, Nikhil Kamath and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 crore
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
There has been a lot of concern in the FMCG industry after Patanjali's revenues crossed Rs 5,000 crore, on the back of an increased focus on health following the ban on Maggi noodles.
The progress of the GST Bill in Parliament is also likely to remain in focus
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Riding on a strong market sentiment, these stocks have outperformed the bellwether. The flip side is, they can fall faster when the tide turns.
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Reliance, Birla Group, Airtel eye small finance banks.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Raghavendra Kamath reports on what ails India's real estate sector.
Private lenders were among the top losers along with RIL.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
At 12 years, seven months and 17 days, Dommaraju Gukesh is the second youngest Grandmaster of all time.
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