In spite of the Orient snub, Tatas are still negotiating with them for the hotel takeover as well as scouting other US cities for luxury hotels.
Find out whether the fund is equity, debt, or hybrid oriented. 'Understand the portfolio composition and whether it suits your risk appetite and horizon.'
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
'We are confident that over the next few years the government will strike a fine balance between populist measures and growth, and manage coalition partners well.'
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
'When you are new, you don't know how the industry works'. 'But when you know where you are headed, the possibilities of being conned or facing unpleasant instances is reduced.'
Pakistan wants a "constructive, sustained and result-oriented" engagement with India and is committed to peacefully resolving all outstanding bilateral issues, President Asif Ali Zardari said on Wednesday. Zardari made the remarks during a meeting with Pakistan's High Commissioner-designate to India and former foreign secretary Salman Bashir.
Modi's high praise of Russia as an ally and Putin's leadership came amid ongoing efforts by the Western world to isolate the Russian leader over the war in Ukraine.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.
In a corner of Kolkata lived a man who made Latin American music cool before urban India became hip to salsa. Sumit Bhattacharya remembers Monojit Datta, ace percussionist, guru and unknown legend
If you are overweight on fixed-income instruments, go for ELSS, and vice versa.
After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the airline staff that the "worst is behind us" and operations have already stabilised. Pilot woes have forced the Tata Group airline to temporarily cut down capacity by 10 per cent or 25-30 flights daily. While acknowledging that things should have been planned better, Kannan said it has been a "learning experience".
Since MAAFs invest across multiple asset classes, they offer diversification.
'No one is propagating RSS ideology as a government officer.'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.
'Ganguly said India have picked a balanced squad for the T20 World Cup which has the wherewithal to land the trophy after a gap of 17 years.'
AB de Villiers expressed disappointment at star England batter Joe Root's low string of scores during the ongoing Test series against India.
'The biggest festival of democracy is here! EC has announced the 2024 Lok Sabha election dates. We, the BJP-NDA, are fully prepared for elections'
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Observing that economy was "going well" in India, which has large internal markets, the World Bank said on Thursday that growth had to be labour oriented, even as it expressed concern over the mounting fiscal deficit.
Ramalingam Kalirajan explains the pros and cons of both investment types.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
'Not giving a human being the basic requirement of marriage and right to institution of family merely because of their orientation is indeed against the principle of the core values of a democracy.'
Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment realisation as assumed in the Budget. The Union Budget 2021-22 has pegged a fiscal deficit of 9.5 per cent for the current financial year as against the consensus 7 per cent, and 6.8 per cent for 2021-22 with a market borrowing of around Rs 12 lakh crore. It also assumes Rs 1.75 lakh crore to be scooped up from divestment.
rediffGURU Mayank Chandel offers advice to students preparing for IIT-JEE and NEET-UG after class 12.
In his opening remarks at the virtual summit of Leaders of G20 countries, Modi made it clear that terrorism was "unacceptable" to everyone and the death of civilians, anywhere, was condemnable.
China is also ready to promote high-quality Belt and Road Initiative cooperation, and push for new progress in the future-oriented, all-round friendly and cooperative partnership between the two countries, she added.
Year after year, the people in charge and the airline's multiple stakeholders spoke about the need to transform the national carrier into a premier airline. But their plans, instead of taking Air India to the promised heights, brought it down.
Burdened by debt from their rapid expansion in the last few years and the shrinking economy, many hotel chains are now casting around for buyers to sell their assets.
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The spin-offs from providing some sort of formal training for the hospitality business are huge.
Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.
'India's G20 presidency has been inclusive, ambitious, decisive, and action-oriented. We actively voiced the developmental concerns of the Global South'
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