Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
On Monday, a new chapter will be written in Ayodhya's and the country's history with the consecration ceremony at the newly-built Ram temple which will be attended by Prime Minister Narendra Modi and over 7,000 guests.
The Agency said it has delivered the required certification notifying Congress of this possible sale on Thursday.
If you are overweight on fixed-income instruments, go for ELSS, and vice versa.
KL Rahul is optimistic about India's chances in the upcoming World Cup
Former Bigg Boss contestant Jasmin Bhasin visited some beautiful places in Spain, Thailand and the Maldives.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Prasidh Krishna's performance hints at bare bench strength
The update was shared by Director Siddharth Anand, as he tweeted, 'And it's a schedule wrap!'
SKY celebrated his 33rd birthday, solidifying his status as one of the most prominent players
What should investors do when markets hit an all-time high, and we have seen five new all-time highs in 2023? Dwaipayan Bose has some answers.
'They can transition from short to long-duration funds when the yield curve normalises.'
rediffGURU Sunil Lala answers your MF-related queries.
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.' 'The results of the general elections will also be keenly watched.'
Paris is, and will continue to be, dogged by the usual gripes about staging the greatest show on earth.
It is a good option for parents of girl children who want a debt product and do not mind its low liquidity.
Post the change in debt fund taxation in March, a lesser-known hybrid fund has emerged as one of the alternatives for fixed-income investors. Equity savings schemes, the smallest hybrid fund category in terms of assets, have raked in around Rs 6,000 crore this financial year (FY24) so far compared to Rs 1,100-crore outflow in FY23. The inflows along with a strong performance led to a 50 per cent surge in assets under management (AUM) to Rs 24,100 crore during April-November, shows data from the Association of Mutual Funds in India (Amfi).
'An important dimension that shone through was the enormous pride in India, a general belief that as Indians we are starting to count globally and we are at the forefront of the world.'
Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
Why it is important for investors to select the right product according to their specific investment needs, risk appetite and investment tenure.
Investors can sell a part of the stocks, mutual funds, exchange-traded funds, and other securities held in their portfolios at a loss and use this loss to offset tax on the capital gains made on the sale of other securities.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
Planet Nine, if it exists, is somewhere between 6-10 times the mass of Earth, and it may have an orbit that takes it around the sun once every 1,500 Earth years or more.
The rising market poses a dilemma for investors on whether to continue buying, reduce equity holding, or exit equities altogether.
The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
National Award-winning actress Keerthy Suresh is living it up in Koh Samui in Thailand.
'Focus on companies with healthy balance sheets and return ratios.'
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
Her mantra is: "Wear what makes you feel comfortable!"
With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.
After the historic success of its Chandrayaan-3 lunar mission, Indian Space Research Organisation (ISRO) is going full throttle with its plans to send Indian astronauts for the first time to the Moon by 2040, ISRO Chairman S Somanath said.
Warner has already announced that he will end his Test career in January next year
''The outcome of the state polls may lead to some strategy-related permutations and combinations and the markets may extrapolate it to the likely outcome in the general elections.'
Debt fund managers are reassessing their strategies after the setback delivered by the Reserve Bank of India recently. While most are refraining from any knee-jerk reaction to the central bank's surprise open market operation (OMO) announcements, they are taking a re-look at the duration of their schemes. Sandeep Yadav, head of fixed income at DSP Mutual Fund, said it has trimmed the duration of some schemes, considering the hawkish stance by the RBI.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
'Until April 2024, we have the qualification period so until that we might push for more tournaments but the plan is to pick and choose after you qualify and then gradually peaking before the Olympics.'
Despite the uncertainties created by rising bond yields and oil prices, fund managers have been proactively deploying fresh flows into the equity market. The cash available with equity fund managers, which has remained lower at around 5 per cent in the past few months, hit a 16-month low of 4.8 per cent in September, shows a Motilal Oswal Financial Services report. Cash holdings in equity schemes had topped 6 per cent in February amid subdued equity market sentiment.