'PPF carries minimal risk.' 'Its fixed-income nature allows investors to diversify their portfolios.'
The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.
People in full-time jobs should especially avoid intraday trading as it results in loss of focus and affects performance.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.
There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.
Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.
The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released by the National Statistical Office (NSO) placed India's real gross domestic product (GDP) growth at 8.2 per cent in 2023-24. "During 2024-25 so far, domestic economic activity has maintained resilience," he said, adding that manufacturing activity continues to gain ground on the back of strengthening domestic demand.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'
Investors should use a mix of active and passive funds.
Priyanka Chopra enjoys a magical August, as she spends time with daughter Malti Marie and husband Nick Jonas.
'She was lying there and I mustered up enough guts to lay next to her and hold her tight.' 'And she said, "Oh my, Girish, isn't he supposed to be nervous?"' 'Making light of the situation, Girish said, "No, he's been practicing with a pillow the whole day".'
The June quarter is usually considered as a seasonally strong period for the IT sector.
'If you see another 1000-point correction, people may start panicking.'
The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.
With the hugely popular Panchayat's third season ready to drop this week, we look at all the rural themed shows available on OTT.
National Aeronautics and Space Administration will soon provide advanced training to Indian astronauts, with the goal of mounting a joint effort to the International Space Station, a top American diplomat said Friday.
Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator's scrutiny. Top industry officials said this is a follow-through on the Reserve Bank of India's (RBI's) circular of April 29, 2022, which asked NBFCs in the "middle" and "upper" layer of its four-tiered scale-based regulatory (SBR) framework to put in place a board-approved compensation policy.
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
Those who cannot bear significant downturns (as much as 40 per cent) or have a short horizon should exit entirely.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost
rediffGURU Ulhas Joshi answers readers' mutual fund queries
Film folk arrived to watch singer Guru Randhawa make his acting debut in a feature film called Kuch Khattaa Ho Jaay in the film's special screening.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
'Investors with higher risk appetite and longer horizon (more than one year) can invest in longer-duration funds like corporate bond funds, long-duration funds and gilt funds for maximum gain.'
P V Subramanyam clears some misconceptions about debt funds.
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
The Opposition Congress alleged that the blast, which occurred around 1 am according to the police, happened during the manufacturing of country-made bombs by some CPI-M supporters.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
