Economic activity has regained momentum from late-May after the dent caused by the second wave of COVID-19, and the pandemic's impact on the overall asset quality has been less than expected, Reserve Bank Governor Shaktikanta Das said on Thursday. However, Das flagged rising data breaches and cyber-attacks as among the risks for the recovering economy, along with others like firming global commodity prices. The governor also said the second wave had a "grievous toll" on the country.
Since October, FPIs have sold over $26 billion worth of stocks, which is the largest selling ever seen in India, observes Akash Prakash.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The reddish polar region on Pluto's largest moon, Charon, is an effect of methane gas escaping from the icy dwarf planet's atmosphere, say scientists who solved the mystery behind the coloured region first spotted by NASA's New Horizons spacecraft last year.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The first color images of Pluto's atmospheric hazes, returned by NASA's New Horizons spacecraft last week, reveal that the a fine blue tinge.
From a giant buddha-like man on a cliff to works made using 3D printers, Sydney's Sculpture by the Sea is back and serving up its usual, unusual selection of works. Now in its 22nd edition, the exhibition turns one of Australia's most iconic stretches of coastline into a huge outdoor sculpture park. Let's take a look at some of the weird and wacky creations to wash up at this year's event.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
Sanjay B Jumaani, India's leading astro-numerologist, makes his predictions.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
India-focused offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of $376 million in three months ended March 2021, making it the twelfth consecutive quarter of withdrawal, according to a Morningstar report released on Wednesday. This was markedly lower than the net outflows of $986 million registered during the quarter ended December 2020. India-focused offshore funds and ETFs are some of the prominent investment vehicles through which foreign investors invest in Indian equity markets.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
AAP will have to learn to be patient as such electoral changes do not happen in a hurry, asserts Ramesh Menon.
It is difficult to answer this question in yes or no. Here's Dwaipayan Bose's thorough analyses
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
While Covid-related sales may come down going ahead, analysts expect the company's domestic sales to outperform the market, led by the chronics portfolio, which accounts for 55 per cent of sales.
Whether it is Sri Lanka, Maldives, or Nepal, quietly but steadily, India has been reclaiming some of the ground it had lost to China, observes Aditi Phadnis.
Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Verma, who was born in India, grew up in Ohio and the Central Valley of California. She served as an audience development and content strategist on the Biden-Harris campaign, the transition team said on Thursday.
The new, apparently less lofty mountain range was found on the lower-left edge of Pluto's best known feature, the bright, heart-shaped region named Tombaugh Region.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'
NASA has confirmed its New Horizons probe worked flawlessly on its flight past Pluto.
On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.
A preliminary analysis of the image shows two distinct layers of haze.
NASA's Pluto experts have revealed new high resolution close up images of the surface of Pluto -- and admit they are stunned by the planet.
'If I talk about my parents' sacrifices, this conversation will never end,' says Lieutenant Loveneet Singh.
Fitch Ratings has revised India's GDP growth estimate to 12.8 per cent for the fiscal year beginning April 1 from its previous estimate of 11 per cent, saying its recovery from the depths of the lockdown-induced recession has been swifter than expected. In its latest Global Economic Outlook (GEO), Fitch said revision is on the back of "a stronger carryover effect, a looser fiscal stance and better virus containment." "India's second half of 2020 rebound also took GDP back above its pre-pandemic level and we have revised up our 2021-2022 forecast to 12.8 per cent from 11.0 per cent," it said. "Nevertheless, we expect the level of Indian GDP to remain well below our pre-pandemic forecast trajectory."
India has over 4,000 medium tanks, but not a single light tank. It remains to be seen whether the Ladakh face-off with China galvanises a change, observes Ajai Shukla.
While the coaching module has been tweaked to make it more appealing for modern coaches, what came as a pleasant surprise was the introduction of a "corporate problem-solving class", where the incumbents were asked to find methods of trouble shooting while dealing with multiple off-the-field stakeholders.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'They will be able to ride over this immediate crisis and carry on, but they need to take corrective steps and these will have to be long term measures which must include working closely with state governments.'
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
Why the 2020 Padma Shri Awards are an honour truly worth celebrating.
The army chief said that India needs to broaden its understanding of national security and must examine non-traditional threats like pandemics "de-novo" as they have the potential to inflict severe damage on the country. "We need to act and prepare ourselves accordingly."
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