'Indians are great savers, but they are lousy investors.'
'The middle class you can hurt anytime. For revenues, politics, pleasure, anything,' notes Shekhar Gupta.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Risk-averse investors can hold up to 10 per cent of their portfolio in gold, while aggressive ones can keep five per cent.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
There are few strategies to invest safely in a volatile market.
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
It's just not stocks and mutual funds that help you make good profits in the long run, says Sharath Komarraju, author of 'Money Wise' which, he says, is 'Aam Aadmi's guide to wealth and Financial Freedom'.
The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
China should move toward the upper reaches of the global chain.
To be sure, this is not some stunning new revelation that our equity markets are beholden to foreign flows.
The Bansals losing out operational control of Flipkart comes at a time when global rival Amazon, in which Tiger Global holds a minority stake, is stepping up investment in India in an attempt to overtake the Bengaluru-based e-commerce firm.
After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.
'Most investors are still waiting for the winners to correct.'
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
For equity investors, the risk-to-reward ratio is worsening.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.
New regime places more limits on unregulated foreign entities
The one common theme across companies that have rewarded shareholders is consumption.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Those who have a long-range mission of true nation-building will pay close attention to World Bank's new action plan for fairness in all matters of land use, says Rajni Bakshi.
'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
The market players were expecting that if long-term gains are taxed, the STT would go. But this has not happened, says Debashis Basu.
Before considering reducing the freedom of private investors in the derivatives market, we need to check if the maladies in markets elsewhere exist in India, says Susan Thomas.
Saving is not the same as investing as many people wrongly assume. But what's the difference between the two? How does each benefit you. Larissa Fernand has the answers
'The assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,' warns Debashis Basu.
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
The government has also built in mechanism to protect investors from price fluctuation.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
Analysts expect RBI to restore 100-bp corridor in Tuesday's policy review.
While the PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, he is silent on the fact that rich farmers too don't pay taxes, since farm income is tax-free, a loophole exploited by many netas and babus, says Debashis Basu.
'I expect a demand stimulus in the Budget. 'There has been such a shock to the economy that such a stimulus would be needed.'
