Patriotism, politics, pain, it's all there on OTT this week.
'Do some profit booking and bring your equity allocation back to its original level.'
Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.
Mainstream American newspapers, many of which had been sceptical of India's space mission and sometimes even made fun of it through cartoons, noted the great Indian achievement.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
Pandemonium prevailed in the Karnataka assembly on Wednesday with Minister for Rural Development and Panchayat Raj K S Eshwarappa and State Congress president D K Shivakumar charging towards each other stopping short of coming to blows.
'Never in the history of Indian cinema did we have a distribution system for 240 countries, but we have it now.' 'And if we still keep catering to the B and C-tiers of our country, and not the whole world, then we are really being losers.' 'The visionaries of the industry must pull up their socks and say that now we will create for the world.'
She also hit out at the Centre alleging that while the Government of India was expressing concern for the rights of people in Afghanistan, the same were denied to Kashmiris.
It is early to make out which way the wind is blowing, but there is no denying that challenges for the BJP, far outweigh the advantages in this region, notes Nilanjan Mukhopadhyay.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
There they were, showing the world that there are still people motivated not by religious structures, not by past glories, not by hatreds deliberately stoked. These were ordinary folks doing something extraordinary purely because they think that effort might shake a nation out of a spiralling miasma of division, mistrust, cynicism, sophistry and violence.
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.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
From sports to history, Rediff reader Sabyasachi Dutta shares a selection of books for you to add to your reading list in 2020.
'India will want a lot of help from the US, but it's not going to want US troops.'
'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Mutual funds recorded Rs 7,600 crore net inflows into active equity schemes in July even as redemptions surged to a 30-month high of Rs 30,400 crore owing to profit booking, reveals data from the Association of Mutual Funds in India (Amfi). Equity net inflows were 13 per cent lower compared to the preceding month's tally. The inflows were supported by a strong flow from retail investors through the systematic investment plan (SIP) route.
'Are we supposed to look the other way as Islamists go on a rampage against Hindus and the Hasina government pay lip service to secularism?' A revealing excerpt from Avishek Biswas and Deep Halder's book, Being Hindu In Bangladesh: The Untold Story.
Mother's Day reminded me of how my mom learned to cook Indian food.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
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.
'In my time, I didn't have that kind of guidance. 'I asked to speak to the international pageant winners before I went and nobody spoke with me. 'It doesn't take away from your title when you help others. It just brings more accolades back to our country.'
'I chose the colour pink and I looked like a doll in it.' 'I worked on the pink gown single-handed and it took me one month...'
November 22, 2023 marks 60 years since US President John F Kennedy's assassination.
V Vaidyanathan -- managing director and CEO of IDFC First Bank -- is considered one of India's most astute bankers. But who know he was such a good singer?
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
Diljit Dosanjh's switch in singing style as he smoothly assumes Chamkila's vocal persona highlights the brilliance of his artistry, observes Sukanya Verma.
'It is important to understand that the disability is not in the person.' 'The problem lies in societal attitude and the discriminatory treatment given to disabled people in our country.'
Two persons claiming to be the personnel of Delhi Police seized a computer hard disk and other items from the house of green activist Shantanu Muluk, a suspect in the "toolkit" case related to the farmers' protest, without a search warrant on February 12, in Beed in Maharashtra, his father Shivlal Muluk has told local police.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'
'Investors should focus on largecap funds, flexicap funds, business cycle funds, or hybrid-category funds.'
'Till today, we don't know how many people died of Covid in India.' 'How many migrated from cities to villages during the Covid pandemic?' 'How many corporates contributed to PM Cares?'
Immediately following its ban being lifted on July 11, 1949, the RSS began debating entering politics in the pages of its house organ, The Organiser. Thus was born the Jana Sangh/BJP, points out Aakar Patel.Thus Was Born Jana Sangh/BJP, asserts Aakar Patel.
'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
'The operation was planned in a manner so as not to alert the terrorists.' 'Every precaution was taken to keep it low-key so as not to alert the terrorists and surprise them and arrest them.'
The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.
Shares of Bajaj Finance sprinted 4.7 per cent to Rs 7,732 per share on the BSE in Thursday's (January 4) intra-day trade as the non-bank finance company's (NBFC's) December quarter business update reflected minimal impact of the Reserve Bank of India's ban on two of its lending products. The shares, eventually, ended 4.4 per cent higher at Rs 7,710 per share as against 0.69 per cent gain in the benchmark S&P BSE Sensex. The NBFC's asset under management (AUM) topped the Rs 3-trillion-mark at the end of December 2023, swelling by roughly Rs 20,700 crore (35 per cent year-on-year) to hit Rs 3.11 trillion-mark.
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