The who's who of India's sports fraternity was present under one roof to acknowledge the contribution of those who did the country proud in their respective fields. Our correspondent Harish Kotian too was there at the second Sahara India Sports Awards function in Mumbai.
'Commentators have said that dealing with allies as equals will make Modi more sensitive.' 'Remember that the people Modi is dealing with are equally autocratic in their own lairs.' 'Further, Modi always has handy the threat of dissolving Parliament and calling for fresh polls.' 'Most of his own party, and certainly his allies and opponents having blown their budgets of efforts and resources in the just concluded elections, have no stomach for this.' 'They are all greatly looking forward to the loaves and fishes of office on offer.' 'That gives Modi an unbeatable advantage in any push-comes-to-shove situation,' explains Shreekant Sambrani.
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.'
Her mantra is: "Wear what makes you feel comfortable!"
'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'
'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.'
It is a good option for parents of girl children who want a debt product and do not mind its low liquidity.
India and the US are working with renewed trust in areas of new and emerging technologies, Prime Minister Narendra Modi said on Friday as he thanked the American leadership for giving him a grand welcome.
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.
The rising market poses a dilemma for investors on whether to continue buying, reduce equity holding, or exit equities altogether.
Steel Authority of India was bolstered by statements from the company's chairman about its prospects for the current year.
The foxy lady has a wardrobe of sexy frocks.
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.
India must improve their batting depth with the 50-overs World Cup on the horizon, coach Rahul Dravid said.
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
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.
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.'
Indian economy is expected to clock an average growth rate of 6.7 per cent till 2026-27 fiscal driven by domestic consumption, S&P Global Ratings senior Economist (Asia Pacific) Vishrut Rana said on Wednesday. He said the economic growth in the current fiscal is expected to come in around 6 per cent, lower than 7.2 per cent clocked in 2022-23. "We are seeing some headwinds from the trade side which is affecting activity and that is one of the factors that is affecting growth this year," Rana said at a webinar.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Demand in 2012 was anticipated as 89 million tonnes; the rest of the capacity would help make India a major exporter of steel, rather than being a major exporter of iron-ore without any value-addition. That was then.
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.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
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.
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.
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.
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.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.
Besides high portfolio yield, investors may enjoy capital gains in debt funds in 2023 as bonds rally in anticipation of rate cuts.
'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.'
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
'Small cap funds do have their own merits and they make sense when the investor has a longer investment horizon.'
He cautioned students against excessive use of gadgets and asked them to believe in their smartness and not of their mobile phones.
The emergence of these young talents from India and Pakistan presents an exciting glimpse into the future of the subcontinent's cricket.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Is this what the stars will be wearing in summer?
