News for 'Office of Financial Research'

Geopolitical situation a bigger worry for markets than rate hikes: Analysts

Geopolitical situation a bigger worry for markets than rate hikes: Analysts

Rediff.com11 Nov 2022

An escalation in the already simmering tensions between North and South Korea, China and Taiwan, and Russia and Ukraine could prove to be a bigger worry for the markets over the next few months rather than central bank policy action, said analysts. The markets, they said, are still not fully factoring in this possibility. "The conflict between Iran and Saudi Arabia is another geopolitical worry.

Confused About Buying Or Leasing A Car?

Confused About Buying Or Leasing A Car?

Rediff.com26 Apr 2023

The advantage of leasing is that you can get a new car every few years. You can also get to drive a high-end car without paying its entire price.

Pharma funds: 'Enter with a horizon of 5-7 years or more'

Pharma funds: 'Enter with a horizon of 5-7 years or more'

Rediff.com14 Mar 2023

In contrast with their strong performance in 2020 and 2021, pharmaceutical and healthcare funds experienced a decline in 2022, with returns plummeting by an average 9.8 per cent. This trend has continued in the current year, with year-to-date return remaining in the negative (-4.9 per cent). In the past three months, pharma funds have been hit hard, experiencing a 7.9 per cent decline.

Mid, smallcaps may outperform in 2022 despite near-term headwinds: Analysts

Mid, smallcaps may outperform in 2022 despite near-term headwinds: Analysts

Rediff.com17 May 2022

The sharp correction in equity markets has taken a toll on mid-and-small cap stocks that have underperformed their large-cap peers. Thus far in calendar year 2022 (CY22), the mid-and-small cap indexes on the BSE have slipped over 8 per cent and 7 per cent respectively, as compared to a fall of around 6 per cent in the S&P BSE Sensex. While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good investor interest from a medium-to-long term perspective.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

Private placements at lowest since 2014; total money raised down 23%

Private placements at lowest since 2014; total money raised down 23%

Rediff.com24 Jun 2022

The total amount of money various entities have raised through the private placement route is at its lowest since 2014. They raised a total of Rs 1.96 trillion in the first five months of 2022, revealed the numbers from PRIME Database. It is down 23.4 per cent from the Rs 2.56 trillion raised in the corresponding period in 2021.

7 out of 9 neighbouring nations charge less for petrol than India

7 out of 9 neighbouring nations charge less for petrol than India

Rediff.com28 Jun 2022

Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.

Mining an opportunity: Firm, transparent laws key to attract investments

Mining an opportunity: Firm, transparent laws key to attract investments

Rediff.com8 Aug 2023

Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.

Tata Motors turns the corner: Swings into profit after 7 quarters

Tata Motors turns the corner: Swings into profit after 7 quarters

Rediff.com26 Jan 2023

After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.

Tripura polls: BJP manifesto offers greater autonomy but silent on jobs, pension

Tripura polls: BJP manifesto offers greater autonomy but silent on jobs, pension

Rediff.com9 Feb 2023

The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.

Funding winter hits start-up advertising spend across properties

Funding winter hits start-up advertising spend across properties

Rediff.com6 Aug 2022

A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.

SBI pegs Q4 GDP growth at 1.3%

SBI pegs Q4 GDP growth at 1.3%

Rediff.com25 May 2021

The country's GDP is likely to grow at 1.3 per cent in the fourth quarter of 2020-21 and may see a contraction of around 7.3 per cent for the full financial year, according to an SBI research report 'Ecowrap'. The e-National Statistical Office (NSO) will release the GDP estimates for the March 2021 quarter and provisional annual estimates for the year 2020-21 on May 31. "Based on our 'nowcasting model', the forecasted GDP growth for Q4 would be around 1.3 per cent (with downward bias) as against NSO (National Statistical Office) projection of a negative (-)1 per cent," the research report said.

Big electric two-wheeler makers won't plug into motor show

Big electric two-wheeler makers won't plug into motor show

Rediff.com11 Jan 2023

Even as India overtakes Japan in automotive sales in 2022, moving to third place for the first time, oddly enough the country's biggest motor show is going to see some big hitters give it a clear miss. Some prominent automotive brands have cited high event costs, negligible returns on investment, poor event management, and unfavourable location as reasons for their reluctance to participate. Major pure-play electric two-wheelers, too, are riding past this year's edition of the Auto Expo.

Govt invites applications for chief economic adviser post

Govt invites applications for chief economic adviser post

Rediff.com26 Oct 2021

The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month. Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.

Bengaluru, Mumbai beat global cities in office rental returns

Bengaluru, Mumbai beat global cities in office rental returns

Rediff.com16 Oct 2015

Mumbai and Bengaluru also featured among the list of top five global cites in terms of future rental growth.

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

10 Reasons Student Visas Get Rejected

10 Reasons Student Visas Get Rejected

Rediff.com5 Jul 2022

As an applicant, you must understand there is a difference between getting an offer letter from a university and receiving a study visa, explains Ajay Sharma, president, and founder, Abhinav Immigration Services.

2022 winter session of Parl is 8th straight sitting to be cut short: Report

2022 winter session of Parl is 8th straight sitting to be cut short: Report

Rediff.com23 Dec 2022

Over the last 50 years, the number of sittings of Parliament has been declining and has halved since the 1950s and the 1960s, the report stated.

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

Near-term worries will keep HUL stock under pressure

Near-term worries will keep HUL stock under pressure

Rediff.com3 Apr 2022

There are multiple near-term worries for the stock of India's largest listed consumer company, Hindustan Unilever (HUL). While inflationary pressures will weigh on its profitability, demand pressures - especially in the rural market - are expected to hit the firm's revenues. This is why brokerages have cut the earnings estimates for financial year 2022-23 (FY23) by 7-10 per cent.

How Will Gold Perform In 2023?

How Will Gold Perform In 2023?

Rediff.com2 Jan 2023

Given the prevailing uncertainties, investors must maintain a 10-15 per cent allocation to gold in 2023.

BigBasket co-founder Abhinay Choudhari launches tech-led laundry service

BigBasket co-founder Abhinay Choudhari launches tech-led laundry service

Rediff.com5 Sep 2022

Tucked away at a lane in Arehalli Guddadahalli, a small village in Bengaluru Rural district is a nondescript factory of LaundryMate, one of India's first organised technology-led online laundry services firms. The company has built the country's largest laundry facility, which is spread across 53,000 square feet - the size of a football field. Inside the hangar-like building, one can hear the whooshing and humming sound of big hi-tech washing machines being operated by the newly-recruited staff of LaundryMate.

Study Abroad: How To Deal With Rising Costs

Study Abroad: How To Deal With Rising Costs

Rediff.com29 Jul 2022

The rupee depreciation will work in favour of students who are currently studying in the US and plan to secure a job that pays in dollars.

'Investing is a loser's game'

'Investing is a loser's game'

Rediff.com5 Jul 2023

'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'

Two-wheeler stocks may enter the fast lane riding on recovery hopes

Two-wheeler stocks may enter the fast lane riding on recovery hopes

Rediff.com2 May 2022

The two-wheeler sector has been underperforming its peers on the volumes front for over five quarters now. Even in the March quarter, Bajaj Auto and Hero MotoCorp posted a 17-24 per cent YoY decline in volumes, the sharpest in the listed auto universe. The ongoing impact of frequent price hikes, all-time high fuel prices, and muted rural sentiment has led to the lacklustre showing by two-wheeler makers. What has aggravated the situation for two-wheeler companies, which get almost all their sales from the internal combustion engine or ICE-based units, is the traction for electric two-wheelers (EV).

India is 'dangerously close' to Hindu rate of growth: Raghuram Rajan

India is 'dangerously close' to Hindu rate of growth: Raghuram Rajan

Rediff.com5 Mar 2023

Sounding a note of caution, former Reserve Bank Governor Raghuram Rajan has said that India is "dangerously close" to the Hindu rate of growth in view of subdued private sector investment, high interest rates and slowing global growth. Rajan said that sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying. Hindu rate of growth is a term describing low Indian economic growth rates from the 1950s to the 1980s, which averaged around 4 per cent.

EV Sales May Cross 100,000 Monthly, But...

EV Sales May Cross 100,000 Monthly, But...

Rediff.com2 Jan 2023

China's covid crisis could provoke a raw material crunch for India's EV industry later this year.

FPIs withdraw Rs 50,203 cr from equity market in June

FPIs withdraw Rs 50,203 cr from equity market in June

Rediff.com3 Jul 2022

Continuing their massive selling spree for the ninth consecutive month, foreign investors dumped Indian shares worth Rs 50,203 crore in June -- the highest net outflow in over two years -- amid aggressive rate hike by the US Federal Reserve, elevated inflation and relatively higher valuation of domestic equities. Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 -- the highest-ever net withdrawal by them. Before that, FPIs withdrew Rs 52,987 crore in the entire 2008, data with depositories showed.

Adani stocks rout: Opposition stalls Parliament, seeks probe

Adani stocks rout: Opposition stalls Parliament, seeks probe

Rediff.com3 Feb 2023

Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.

Meta Platforms' India staffers on edge over layoff media reports

Meta Platforms' India staffers on edge over layoff media reports

Rediff.com8 Nov 2022

US media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter. "We have not heard much about the impact (of downsizing) on India. "It's a wait-and-watch situation. Certainly, there is uncertainty," said a source.

Small-Cap Schemes Fared Best

Small-Cap Schemes Fared Best

Rediff.com18 May 2022

On an average, small-cap funds have generated annualised returns of 67.5% in the last two years. Large-cap funds and mid-cap funds have given average annualised returns of 41.3% and 53.4% respectively.

Microsoft partners Invest India to support tech startups

Microsoft partners Invest India to support tech startups

Rediff.com24 Aug 2021

Microsoft India on Tuesday said it has collaborated with Invest India to support tech startups in the country. As part of the partnership, the Microsoft for Startups programme will work closely with Accelerating Growth of New India's Innovations (AGNIi Mission) - a programme of the Office of the Principal Scientific Adviser to the Government of India, a statement said. Housed and executed by Invest India, AGNIi Mission helps startups become enterprise-ready.

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Rediff.com14 Aug 2022

Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.

S S Tarapore: Adieu to RBI's gifted officer

S S Tarapore: Adieu to RBI's gifted officer

Rediff.com3 Feb 2016

His finest years came when he served as deputy governor under C Rangarajan.

Economist Kalpana Kochhar to retire from IMF in July

Economist Kalpana Kochhar to retire from IMF in July

Rediff.com2 Jun 2021

Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.

Weakening Rupee? How To Neutralise Impact

Weakening Rupee? How To Neutralise Impact

Rediff.com17 May 2022

Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.

Finally, a shimmer of hope for the 'golden fibre'

Finally, a shimmer of hope for the 'golden fibre'

Rediff.com25 Sep 2022

In the early part of 1800, a 30-acre plot next to Fort Gloster on the banks of river Hooghly in Howrah district of Bengal was the nerve centre of industrial activity; it housed India's first steam-powered cotton mill, Bowreah Mills, which was set up by a British merchant and went on to become a hub of factories - a rum distillery, foundry, cotton yarn factory, an oil mill and a paper mill, et al. Spearheaded by Dwarkanath Tagore, the industrialist grandfather of Rabindranath Tagore, the commercial complex was possibly the first of its kind in the country. Close to 200 years later, after much ebb and flow of history, the hub is set for a resurgence of sorts.

Attrition continues to hit margins at top-tier IT companies in Q1FY23

Attrition continues to hit margins at top-tier IT companies in Q1FY23

Rediff.com26 Jul 2022

A quick look at the Q1FY23 performance of top-tier IT services players shows that they are still far away from getting a grip on managing attrition. Talent retention has eroded not only their margins but also any gains they may have made from rupee depreciation. Despite robust growth numbers and strong deal pipelines, margins for all the players -- TCS, Infosys, HCL Technologies and Wipro -- have continued to shrink at a pace that has had the street surprised.

'Get-rich-quick' days over for crypto investors

'Get-rich-quick' days over for crypto investors

Rediff.com24 Jun 2022

A sharp fall in the price of Bitcoin and other cryptocurrencies is another hard blow to the already sinking cryptocurrency market in India. Global and domestic prices have been on a downward trail since November last year when Bitcoin prices hit a peak of close to $68,000 in international markets. The recent past has seen a much sharper fall in the price of the leading cryptocurrency, Bitcoin.

Equity MFs attract Rs 15,498-cr in Jun on strong SIP flows

Equity MFs attract Rs 15,498-cr in Jun on strong SIP flows

Rediff.com8 Jul 2022

Investors continue to back-up equity mutual funds in June as such schemes attracted a net inflow of Rs 15,498 crore on strong flows from systematic investment plans despite volatility in the stock market and relentless selling by Foreign Portfolio Investors (FPIs). This also marked the 16th straight month of positive inflow in equity schemes. Inflows into equity mutual funds in June was lower compared to the net inflow of Rs 18,529 crore seen in May, data from the Association of Mutual Funds in India (AMFI) showed on Friday.