The central bank will auction Rs 220,00 crore (Rs 220 billion) of government cash management bills every Monday, it said in a statement, without specifying for how many weeks the sales would last.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Three-time Olympic champion Marion Jones is heavily in debt, fighting off court judgments and down to a bank balance of about $2,000.
India's exports dipped after a gap of four months in March but finished 2017-18 with a healthy rise of 9.78 per cent to $302.84 billion.
With the Union Budget over, it is a good time to start the rebalancing exercise. Take cues from last year's market performance
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
Tackle your hair and skin problems with expert help from Dr Dinesh Jain.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
The Reserve Bank is scheduled to unveil its first quarter review of the monetary policy on July 30.
The problem is actually acute in the diamond jewellery industry where there is no uniform criteria of inventory valuation unlike gold, whose prices are uniform and widely quoted.
HNI equity folios up 46% in the first half of FY15.
A lack of adequate disclosures raises the financing costs of corporate firms, especially sub-investment grade ones, and keeps the capital markets small, believes RBI deputy governor Viral Acharya.
You may invest even at current market levels provided you have an investment horizon of five years or more.
Plan to lay off excess staff, trim salaries of top executives.
What if you could have an option apart from personal loan in times of crisis?
The rupee came under pressure on demand from importers as the dollar strengthened overseas.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
High on features, high on price and performance, these eight superbikes scorched the Indian roads this year!
The 'BluFin Business Cycle Indicator', which reflects various macroeconomic trends on a monthly basis, stood at 166.3 points in May, 5.8 per cent higher compared to the same month last year, suggesting that the Indian economy is growing at a faster rate than the previous year.
The central bank's currency management will be critical over the next few months. A weaker rupee could help to revive exports. But, the currency must fall slowly and in controlled fashion, says Devangshu Datta.
With the introduction of 10 per cent tax both on long-term capital gains and on dividend, choose funds based on investment horizon and risk appetite, not on tax advantage, experts tell Sanjay Kumar Singh.
Prathmesh Kher/Rediff.com recalls how a planetary mission became interstellar in scope with the addition of a simple gold-plated disk.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Markets now expect the Fed to normalise rates gradually.
Terming demonetisation as a historic and brave step, he said, black money constitutes 80-85 per cent of the economy and Modiji has taken bold step to solve the issue
New filers reported an average income, in many cases, close to the income tax threshold of Rs 250,000, limiting the early revenue impact.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
As concern about the unfolding economic crisis has risen in India, many experts have assured us that 2013 is not 1991.
Gandhi had earlier tweeted about a smiling Modi during the latter's visit to Japan recently.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
Cryptocurrency exchanges face issues with their current bank accounts.
If new goals have emerged, this is the time to make fresh investments.
Overseas funds have also become strong buyers of debt, with net purchases of $5.6 billion so far this year.
Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.