Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Major automakers, including Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Kia, Toyota and Honda, on Thursday reported healthy growth in passenger vehicles sales in June, recovering from the disruptions induced by the second wave of COVID-19. The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May. Its domestic dispatches to dealers last month stood at 130,348 units, up from 35,293 units in May, as easing of COVID-related restrictions helped the auto major to dispatch more units to dealerships.
Is the worst of the Covid crisis behind India? As cases dip three weeks after Diwali, the answer is a possible yes, say several experts, attributing the downslide to a large section of the population already exposed to the virus during the second wave and a stepped up vaccination campaign.
IndiGo on Monday said it will refund all customer credit shells, which were created when flights were cancelled due to the coronavirus lockdown earlier this year, by January 31, 2021. The airline in a statement said it has already processed close to Rs 1,000 crore of refunds, which is approximately 90 per cent of the total amount it owed to its customers.
A day after Gujarat recorded its highest one-day surge of 17,119 new cases, five eminent doctors who are members of the task force spoke to the media.
Companies spent less money buying back their shares from the public last year than at any time since 2015. They announced buybacks of up to Rs 14,341 crore, show numbers from primary market tracker Prime Database. The total amount spent was Rs 13,597 crore. Both the amounts are lower than what was offered (Rs 39,564 crore) and spent (Rs 36,517 crore) in 2020.
There was no visible forward movement in disengagement of troops in the remaining friction points as the Chinese side did not show flexibility in their approach on it at the 11th round of military talks.
Voters can be relied on to punish a party which makes reckless promises without actually implementing them, asserts Virendra Kapoor.
'There's also a possibility of the cyclonic system changing its course, thus avoiding a landfall in Odisha'
The Americans have expended a lot of diplomatic energy to coax India into toeing their line but India has refused to buckle under pressure. As Foreign Minister Subrahmanyam Jaishankar said, India has not taken anyone's side but its own side, points out Virendra Kapoor.
The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.
Advertisers will have to put a disclaimer while promoting the "highly risky" and unregulated cryptocurrencies from April 1, a self-regulatory body for the industry said on Wednesday. All virtual digital assets (VDAs), which are commonly referred to as crypto or non-fungible tokens (NFTs), will have to put the disclaimer in a "prominent and unmissable" way in campaigns for products and services, the Advertising Standards Council of India (ASCI) said. The announcement of the guidelines, done after consultations with industry stakeholders, government and financial regulators as well, comes as the advertising for the controversial products and services is on the upswing.
With inflation remaining at elevated levels, central banks around the world, including the Reserve Bank of India (RBI), will kill excess demand in economy over the next six to eight months, sources in the know said. They also indicated that there could be a rate hike in June, when the inflation forecast for the current financial year would be raised. The RBI, the sources said, might announce more steps such as raising the limit on held-to-maturity (HTM) bonds to support government borrowings but might not come out with any further quantitative easing GSAP (Government Securities Acquisition Programme) measures.
As the pandemic pushed employers to explore and adapt new ways to stay in the business, a survey has revealed that 6 out of 10 organisations have adopted 'work from home' policy post Covid-19 relaxations. Over 65 per cent of the employers have either introduced 'work from home' as a policy or are evaluating the same reflecting a maturity and the confidence in their employees, according to a survey by Grant Thornton Bharat. The survey was conducted online by Grant Thornton Bharat among 4,650 respondents across social media platforms.
Speaking at the Rashtriya Swayamsevak Sangh's Dussehra rally in Nagpur, Bhagwat said community-based population imbalance is an important subject and should not be ignored.
Julian Wood saw it coming before anyone else and the pioneering power-hitting coach reckons the role of cricketers with brute power will only increase in the rapidly evolving Twenty20 format, forcing the "touch and skill" batters to reinvent their game.
A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24x7 power supply amid discoms' outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation companies (gencos) have been a perennial issue affecting the entire value chain in the power sector and are also a hindrance for the ambitious goal of 24x7 power supply across the country even when the payment for coal is made in advance. The situation persists despite the fact that discoms' dues become overdue after 45 days of generating bills and they also have to pay penal interest on the overdue amount in most of the cases to gencos.
Nine seats have been proposed for STs and seven for SCs in Jammu and Kashmir, sources said. This is the first time that seats have been proposed for STs in Jammu and Kashmir, they said.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
He said the answer to the Congress' current challenges lies in a combination of effective leadership and organisational reforms.
The car is built in a manner that stands tall and rugged on the city streets, without ever being uncomfortable, says Pavan Lall.
Thirty districts in the country, including 13 in Kerala, eight in Mizoram, four in Meghalaya, three each in Manipur and Arunachal Pradesh, two in Sikkim and one in Meghalaya are reporting a weekly positivity rate of over 10 per cent.
Prime Minister Narendra Modi on Wednesday launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time, Modi said at a function to launch the plan. The plan aims to lend more power and speed to projects by connecting all concerned departments on one platform, he said, adding the infrastructure schemes of various ministries and state governments will be designed and executed with a common vision.
Justice Chandra Dhari Singh, who was hearing a petition by the deceased's mother seeking a speedy and proper investigation, said that the case was to be taken seriously and asked the investigating agency to 'take into account' the 'suggestions' by the petitioner in her plea.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
The income tax department was committed to treat every taxpayer as honest, unless proven otherwise, and provide fair, courteous and reasonable treatment, according to the taxpayers' charter adopted on Thursday. The charter also expects taxpayers to pay taxes on time and be honest and compliant.
Deputy Chief Minister Manish Sisodia accused the Bharatiya Janata Party of using agencies like the CBI and Enforcement Directorate to threaten liquor licensees and excise officials but the BJP alleged that the AAP government's 'rushed' move was an 'admission of violations and corruption' and it was 'scared' of the CBI probe.
India will need to watch carefully and understand the new round of instability and uncertainty in Pakistan, while charting the course of its future diplomatic initiatives, points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Essentially a message movie, Jayeshbhai Jordaar masks its horror in humour to play out like an on-the-run road trip, observes Sukanya Verma.
India and China should be able to achieve status quo in eastern Ladakh in a gradual manner as both sides understand that it is in the best interest of ensuring peace and tranquillity in the region, Chief of Defence Staff General Bipin Rawat said.
All the market places and shops reopened and traffic has resumed as normal in all these districts bringing much relief to the people.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in COVID-19 infections has created uncertainty over the economic growth recovery. In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22. Taking various factors into consideration, it said, "the projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4."
Amidst escalating tension in ties with the US, Chinese President Xi Jinping on Tuesday said that disputes among countries 'need to be handled through dialogue and cooperation' and urged world leaders to eschew 'confrontation and exclusion.'
Scott McTominay's header proved decisive for Manchester United
Markets regulator Sebi's proposal of treating all orders emanating from application programming interface (API) as algorithmic or algo order can restrict the growth of such trading in India, brokerage houses said on Monday. In market parlance, algo trading refers to any order that is generated using automated execution logic. The algo trading system automatically monitors the live stock prices and initiates an order when the given criteria are met.
Pakistan wants ICC to regulate growth of T20 leagues
