Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
The report suggests India in the longer term needs to create far more jobs in the formal organised sector -- 97 per cent of all female worker activity is in the informal sector
Mutliplexes want the gap between a film's release in theatres and on OTT to be doubled from 4 to 8 weeks.
In India, younger workers willing to work at lower salaries are easily available, so you could find yourself out of a job before 60. Therefore, save for retirement with urgency, advises Sanjay Kumar Singh.
A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
SpiceJet announced it has started a five-day "1+1 offer sale" where it was offering one-way base fares starting as low as Rs 899, excluding taxes, on its domestic network.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
'We will be hoisting the tiranga, but this kind of celebration is uncalled for when the farmers in this country are dying by suicides, their families are ravaged by poverty and farmers are not enjoying any freedom.'
'Large-caps are better placed to withstand the impact of higher input cost inflation, rising rates and withdrawal of excess global liquidity.'
Akash Ambani's first big job as he takes over as chairman of Reliance Jio, the group's telecom arm, is a no-brainer - he has to get his company through the long-awaited 5G auctions that are a few weeks away. But his bigger job, analysts said, will be to lead the transformation of the telecom company into a tech giant, a process that is underway as it seeks to list in the US. Insiders said there has been plenty of debate within the company's top executives on the auction strategy.
'According to CMIE data, employment in manufacturing saw a reduction from 51 million in the country in 2016 to 27 million in 2021. 'That is, it has halved in just 5 years. 'At the same time, the national lockdown resulted in reverse migration to rural areas, and an increase in the number of workers in agriculture. 'It also means joblessness has increased in agriculture because there are too many workers; the number of workers went up from 200 million to 232 million.'
Purnendu Maji and Srinivas Bhogle list IPL 2021's 50 Most Valuable Players up to Game 11.
Finance Minister Nirmala Sitharaman on Thursday said taxpayer base has almost doubled to 1.28 crore in four years of rollout of the historic tax reform and the enhanced GST mop up in the recent months should now be the "new normal". In a written message to tax officers on the fourth anniversary of GST rollout, she said implementing any reform of this scale in a large and diverse country like India can be highly challenging, but GST has brought about ease in taxpayer compliance and reduced common man's tax burden.
'For all of us at Amazon, it is 'Bharat first'.' 'We are keeping the Indian customer at the centre of what we are doing.'
Subbarao also warned of attrition in PSBs, saying, "PSBs will lose talent to the private sector."
15 iconic Jimmy Choo designs that tell us exactly why the American fashion company decided to scoop up the upscale British shoe brand.
Here are some areas where costs have grown, and where income that had been expected will not materialise.
Bandon Mein Tha Dum is about a team that hits rock-bottom, loses key players, has its global reputation shrink overnight, but despite all the setbacks, pulls off one of the greatest comeback victories in the history of international cricket, applauds Shailesh Karkera.
'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'
A mobile wallet may offer discounts but allows transactions of limited amounts. And, while a bank app or internet account allows larger transactions, it might be less convenient
'The COVID-19 pandemic is going to send an unprecedented number of low-income households deep into poverty,' says Geetanjali Krishna.
Consolidation has begun, due to which some are trying to trim the business and others are seeking an exit. The situation would worsen after August 31.
Organisers said last December that the entire cost of holding the Games would come to about $15.4 billion, including $2.8 billion in costs for the unprecedented postponement from 2020. Since then, the projected bill for postponement has risen to $3 billion.
The Securities and Exchange Board of India (Sebi) has directed Franklin Templeton MF to pay Rs 5 crore as penalty, return over Rs 450 crore collected as 22-month investment management and advisory fees, and imposed a two-year ban on launching new debt schemes for alleged irregularities in running six of its debt schemes that were shuttered last year.
The zones, says Panagariya, would have to be set up near deep-draft ports, capable of accommodating very large and heavily loaded ships
If Modi's political retreat -- he has tried to avoid a pre-1984 type of situation in Punjab -- helps soothe Sikh sentiments, nobody should complain Modi, asserts Sheela Bhatt.
Lufthansa has terminated the services of 103 India-based flight attendants after they allegedly sought "job assurance" from the management while the German airlines group had offered them leave without pay option for two years, sources close to the developments said.