Assam Chief Minister Himanta Biswa Sarma says most of those present with singer Zubeen Garg in Singapore during his death have yet to respond to CID summons, and addresses related political accusations.
The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.
Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.
The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.
The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.
The majority of active largecap funds are set to outperform for the second year in a row in 2024, thanks to the strong performance of their midcap and smallcap allocations.
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.
Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs.
Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. Passive MF schemes - especially those tracking the Nifty 50 and Sensex - will have to offload their holdings in ITC Hotels as the stock will be excluded from the indices.
'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'
One should avoid keeping excessive funds in one's savings account.
'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'
You now have to wade through concepts such as asset allocation, rupee cost averaging and rebalancing, understanding of which is essential to make your investment a success. These weighty words could make the timid give up any thoughts of investing.
MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
In January, SIP account closures surpassed new registrations for the first time.
Let's Make Savings As Exciting As Spending. This World Savings Day, rediffGURUS Nitin Narkhede, Milind Vadjikar and Ramalingam Kalirajan are all set to answer your queries on savings and investments.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
At the end of the day, this isn't about choosing between EMIs and SIPs. It's about choosing your path to financial freedom.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Equity funds' exceptional performance was obviously due to the stock market rally that was led by small and mid-cap stocks. Realty, banks and consumer goods companies emerged as top gainers.
Dwaipayan Bose highlights the similarities and contrasts between ETFs and Index Funds.
MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
Investing is not just about setting aside money -- it's about making it work for you, says Ramalingam Kalirajan.
The amount of tax will depend on the holding period of the fund. Short-term (less than a year) profit from the fund is added to your income and will be taxed according to your income slab. In case of redemption made after one year, the long-term capital gains tax will be charged.
ELSS investments require a long-term commitment of at least seven years.
Always keep your portfolio simple, says mutual fund expert Rahul Goel.
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.
To minimise risk, invest in a debt fund whose duration matches your investment timeframe.
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
While picking a quality mutual fund is never easy, rising markets often make the task seem a lot easier. Exercise a greater degree of caution, because tough times can and do separate the men from the boys.
'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'