A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.
'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'
The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.
'It's the second-largest market for us after the US, and should be the largest market at some point.'
'He has been one of the clearest thinkers in the history of business.'
'Reduce your equity allocation, put that allocation into gold and fixed income.'
'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
Several Opposition leaders, including former Congress chief Rahul Gandhi, on Wednesday attacked the government over a media report claiming that a key Adani group investor is also co-owner with the conglomerate in a defence firm.
The PROMYS India (Program in Mathematics for Young Scientists) 2025 is a unique scholarship opportunity in partnership with the Indian Institute of Science (IISc), Bengaluru, for students from Classes 9 to 12.
The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is formulating a strategy for five key sectors to boost exports to the United States (US), as President-elect Donald Trump has threatened to impose high tariffs on Chinese goods. "This time, we need to be proactive instead of reactive.
Here is what mutual fund expert Anil Rego advices about buying mutual funds. He lists his best picks too for first-time investors.
There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.
'We give them problems so that they can come up with solutions using the technological skills they have learnt.' 'In fact, changemaking and problem solving are interchangeable, in a way.'
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
The equity market's recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November. The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.
Prime Minister Narendra Modi on Wednesday urged all stakeholders to come together and invest in people for skill development, nurturing talent and promoting innovation which are essential for job creation and boosting the economy. Participating in post-Budget webinar on employment, Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.
Active largecap funds, which have the toughest job in terms of outperforming the benchmark, did better in 2023 as their bets in the mid and smallcap stocks paid off.
The number of companies had touched a low of 792 in July 2020 amid heightened uncertainty because of COVID-19.
Investing is not just about setting aside money -- it's about making it work for you, says Ramalingam Kalirajan.
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
'Binary fission will happen -- startups will lead to more startups.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The escalation in the diplomatic row between India and Canada will not have an impact on the bilateral trade and investment ties between the two countries, government sources said on Tuesday. They also said that the bilateral trade value is not significant and Canadian funds can route their investments through Singapore, the UAE and the US. "India is a preferred investment destination," they said.
While IITs have a reputation of their own, companies like Google, Microsoft, Amazon and Adobe prefer IIITs over most NITs for software roles due to their specialised training, says rediffGURU Mayank Chandel.
'We are not opposed to any Indian language. We are against Hindi imposition.'
Last month, a group of British lawmakers urged England to boycott the Champions Trophy group stage match against Afghanistan.
Having marked a 20-year milestone in India, global tech giant Google is upbeat about its next innings here with Artificial Intelligence (AI) playing a big role in it, India MD Roma Datta Chobey said on Thursday, adding that the company is aligning its vision and strategy fully to the country's growth and ambitions. In an interview to PTI, Chobey said Google believes that AI should be regulated but in a way that strikes a fine balance between user benefit -- which is "still at a nascent stage" -- and at the same time, fosters innovation.
Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting investor interests. This move follows a rise in SME issues, which has driven significant investor participation.
Asim Munir and his brand of short-sighted army officers give no inkling of paying heed, changing course or learning lessons from the past, observes Rana Banerji, who headed the Pakistan desk at RA&W.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
Healthcare and energy conglomerate Torrent Group has acquired majority stake in IPL franchise Gujarat Titans.
The mutual fund industry's QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24. Sequentially, AUM grew by Rs 5 trillion.
Industry players said the sharp sell-off in February forced many companies to put off their listing plans
'Many were caught in a burnout race, chasing unsustainable growth without innovating.'