Funds now offer themes that are based on quantitative models and profit-booking.
'The BJP talks about prosperity, but it doesn't want anybody to prosper.'
The dichotomy between richer and poorer states is largely in consonance with the diversity in state level disease burden in the country.
'Welfare schemes are not a necessary evil, they are a necessary good.'
Demergers of companies offer opportunities to investors to create wealth.
Congress general secretary and chief spokesperson Randeep Surjewala claimed a clear message has come from the House today that if people want relief from 'severe unemployment, extreme inflation, falling incomes and extreme poverty', then the Bharatiya Janata Party 'will have to be defeated' in the elections.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
Domestic mutual funds have added over 20 billion dollars in July to their 100-billion-dollar kitty, driven by fresh capital raised through new fund offerings as well as a sharp rally in stock markets.
Look at savings as a percentage of income rather than a fixed amount. Both should rise in the same proportion.
Controversial keeper-batter Wriddhiman Saha, who has been dropped from the Test team, will still earn Rs 1 crore in annual income after being demoted from group B to C.
India's respectability in the world, particularly the west, lies in its steadfast adherence to ideas and ideals for democracy such as the rule of law, freedom of press, judicial activism and the vibrant civil society -- unlike China, says Rup Narayan Das
High gold prices let Indians feel wealthier and spend more, making monetary policy less effective.
The commission also directed political parties to adhere to the provisions of the model code of conduct and broader guidelines on Covid-19.
The Board of Control of Cricket in India could get richer by at least Rs 5000 crore with the addition of two new franchises for the 2022 edition of Indian Premier League.
Domestic mutual funds have witnessed a windfall of assets worth about Rs 20,000 crore (Rs 200 billion) over the past month on the back of investors reposing faith in the market.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said. India on July 1 joined a select league of nations globally that have taxed windfall gains accruing to oil companies from soaring energy prices. The government slapped a Rs 6 per litre tax on the export of petrol and jet fuel (ATF) and Rs 13 a litre on the export of diesel effective July 1. Additionally, a Rs 23,250 per tonne tax was levied on crude oil produced domestically.
'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.
If it doesn't do that, what Uddhav Thackeray postpones addressing today will be there on the table to confront, for whoever anchors the Sena in the years ahead, observes Shyam G Menon.
Team India captain Mahendra Singh Dhoni has pipped the likes of 'Sprint King' Usain Bolt, tennis ace Novak Djokovic and teammate Sachin Tendulkar in the latest list of world's 100 richest sportspersons, released by the Forbes magazine.
Ankeet Chavan, one of the three Rajasthan Royals players charged with spot-fixing during the 2013 IPL and banned for life by the BCCI, was paid his Ranji Trophy dues worth Rs 32 lakh.
Both Harikrishna and Carlsen drew all their four games on the opening day of the tournament as matches ended late on Saturday.
The championship was organised by Bangladesh Shooting Sport Federation (BSSF).
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
Voicing concern over many countries failing to vaccinate their people, World Health Organisation chief Dr Tedros Adhanom Ghebreyesus on Thursday called for vaccinating at least 10 per cent of the population of every country by September as he described vaccination as the best way to control the pandemic and reboot the global economy.
Participants from Indian sub-continent expect their average wealth to grow to $9.07 million in 2010.
In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the COVID-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report. While CSR (corporate social responsibility) spends have increased from 12 per cent in FY15 (two years into mandatory CSR spends) to 23 per cent in FY21, charity by the uber rich slipped from 18 per cent of the total funding in FY15 to a paltry 11 per cent in FY21, says global consultancy Bain & Company and charity-focused domestic consultancy Dasra in their India Philanthropy Report 2022. The report said that donation from private foreign companies has contracted from around 26 per cent in overall private giving in FY15 to around 15 per cent in FY21.
The Virat Kohli-Rahul Dravid era began with a convincing Test series win against New Zealand at home and the India skipper on Monday said team is following the same "mindset" and objective under the new support staff.
Why settle for $400-500 million when you can make a billion or even more? That, in a nutshell, is why Krishna Kumar, 43, and Kashyap Dalal, 40, co-founders of Bengaluru-based edtech firm Simplilearn, one of the big players in the segment, sold a 51 per cent stake to Blackstone instead of selling 100 per cent as close competitor and rival Great Learning chose to do.
The much-awaited upturn in the stock market on Thursday added more than Rs 1.17 lakh crore to investor wealth, which had plunged by over Rs 4.35 lakh crore in the past four days amid heavy sell-offs.
Aam Aadmi Party's chief ministerial candidate Bhagwant Mann too questioned separately Gandhi's description of Channi as belonging to 'gareeb ghar', asking 'from which angle, is he poor'.
So just keep on playing the game like Tendulkar has done over the past two decades . . . not bothering about short-term declines in form but practicing to be a master in the long term.
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
The living will do anything to save their lives. The dead can't defend themselves. Will Sheena Bora's good name survive her murder trial?
'And they are going to be milder because we are dealing with the vaccinated and are much richer in terms of the immune response in the population.'
Former captain Ricky Ponting says he himself failed repeatedly before learning to perform in India and the bunch of Australian cricketers playing there will be able to handle the conditions better next time.
Arun Sarin, the chief executive of Britain's mobile giant Vodafone, would leave the company with over 25 million pounds in his pocket.
'There is a growing split between rich professional Indians and working class Indians in the USA,' says novelist Chitra Banerjee Divakaruni.
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