A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries
'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'
Shares of Avenue Supermarts (DMart) have rallied 15 per cent in the past month, even as the benchmark National Stock Exchange Nifty has remained flat. The stock has garnered favourable commentary from both fundamental and technical analysts after three years of poor performance. "DMart has reached its first 52-week high since October 2021, taking off from solid base formations.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.
rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.
rediffGURU Hemant Bokil answers your personal finance queries
rediffGURU Sunil Lala answers your personal finance-related queries.
'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'
An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'Society deals with you the way they do, or forms an opinion, depending on if your family is with you every step of the way.'
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
'The BJP is trying to change this mantra.'
rediffGURU Ulhas Joshi answers your mutual fund queries.
Freedom fighter Dr G G Parikh, activists Tushar Gandhi and Teesta Setalvad were prevented from reaching the August Kranti Maidan on Wednesday morning by the Mumbai police.
rediffGURU Ulhas Joshi answers your mutual fund queries.
This doctor couple put their faith in India. And in return India has put faith in them.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
'Today, the BJP is using power in such a manner that they not only crush the Opposition, but even their own supporters can't rebel.'
rediffGURU Ulhas Joshi answers readers' mutual fund queries
Dr Mahendra N Parikh changed the field of medicine in India, opening its scope to include thousands of women by bringing their health issues at the forefront.
The Supreme Court Friday said it will strengthen its 2018 guidelines for dealing with mob violence, hate speeches and lynching to ensure that culprits are dealt with equally, irrespective of their communities for their public utterances spreading bigotry.
The Supreme Court on Thursday reserved its verdict on a batch of pleas, including those seeking review of some verdicts of 2011 which had held that mere membership of a banned organisation will not make a person criminal unless he resorts to violence or incites people to violence.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
The claims were made after the Income Tax department had on July 6 raided 36 premises of the Bengaluru-based Micro Labs Ltd. across nine states.
Gail India subsidiary Mahanagar Gas (MGL) on Friday announced a steep reduction in the retail price of compressed natural gas (CNG) by Rs 8/kg and domestic PNG (piped natural gas) by Rs 5/SCM across its licenced area. The move comes on the heels of the Centre revising the pricing methodology of domestically-produced natural gas on Thursday as proposed by the Kirit Parikh committee and following it with the new price announcement earlier in the day. In February, the city gas distributor reduced its CNG price by Rs 2.5/kg but prices are still around 80 per cent more than those in April last.
Missing the deadline for filing Income Tax returns can lead to consequences.
Adani Total Gas Ltd, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said. The company retails CNG to automobiles and pipes gas to household kitchens for cooking purposes in 52 licences that cover 124 districts of the country. It has 460 CNG stations in the country and about 7 lakh consumers of its piped cooking gas.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Excess hype often leads to broken hearts and hence it is always necessary to strike a balance, legendary Kapil Dev said on Tuesday in context of India's six-wicket defeat at the hands of Australia in the World Cup final earlier this month.
The Union Cabinet on Thursday approved a revision in the formula for pricing of natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent. Natural gas produced from legacy or old fields, known as APM gas, will now be indexed to the price of imported crude oil instead of benchmarking it to gas prices in four surplus nations such as the US, Canada and Russia, Union I&B Miniser Anurag Thakur told reporters after a meeting of the Cabinet. APM gas will be priced at 10 per cent of the price of basket of crude oil that India imports (Indian basket of crude oil).
Dr Rajesh M Parikh remembers Dr Dinshaw Doongaji, the legendary psychiatrist who passed into the ages last week, a day short of his 91st birthday.
Besides Parikh, Singh sent letters of appreciation to V L Chopra, B Mungekar and Anwarul Hoda indicating that they may not find a place in the reconstituted body.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
