Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). At the end of the first six months (H1) of CY23, 78 per cent of the active large-cap schemes were ahead of the Nifty50 index funds as against just 26 per cent in 2022. When compared to the Sensex index funds, 61 per cent active funds have delivered better returns, shows an analysis of Value Research data.
"You can memorize 1000s of words, but what do you do if you get a word that you don't know?"
Dwayne Bravo says he intends to play franchise cricket for some more years if his body allows and insisted that time was right to finally call time on his international career and let the younger players take West Indies cricket forward.
Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.
If the gift is received from a relative, there is no tax implication. But if the gift is received from a non-relative and exceeds Rs 50,000 in value during a financial year, the entire value of the gift is taxable.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
Aggrieved by the direction, Dhar city's head cleric Waqar Sadiq said they (Kamal Maula Mosque management committee) will challenge the ruling in the Supreme Court.
In her first address to a joint sitting of the two Houses in the new Parliament building in which she touched on varied issues ranging from insurgency to inflation, Murmu said a country can progress at a fast pace only when it defeats the challenges of the past and puts maximum energy into building the future.
A clutch of professional talent management firms is changing the balance of demand and supply in India's entertainment industry, writes Vanita Kohli-Khandekar.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
A 23-year-old man transporting cattle was lynched allegedly by a group of 'gau rakshaks' (cow vigilantes) in Maharashtra's Nashik district following which six persons have been arrested, police said on Wednesday.
'In my time, I didn't have that kind of guidance. 'I asked to speak to the international pageant winners before I went and nobody spoke with me. 'It doesn't take away from your title when you help others. It just brings more accolades back to our country.'
'There is not any negative connotation associated with it.'
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'
The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.
The Indian crew onboard a crippled container vessel that collided against a key bridge in Baltimore last week is healthy , according to a nonprofit organisation that has been in touch with the personnel.
Shivam Dube continued his recent streak of form with a counter-attacking fifty that proved to be the cornerstone of Mumbai's excellent 330 for six against Bengal
Since MAAFs invest across multiple asset classes, they offer diversification.
Infosys co-founder NR Narayana Murthy on Thursday called out "fake news items", which claimed he endorsed automated trading applications and warned the public not to fall for such fraudulent claims. He also slammed "fake interviews" that used "deepfake pictures and videos" of him. In a series of posts on X, Murthy drew the attention of the public to false content being put out by malicious sites and products or services being sold fraudulently using his name and urged people to report any such instances to the concerned regulatory authorities.
Roundup of Champions League matches played on Wednesday night
Left-arm spinner Shams Mulani grabbed a match haul of 10 wickets as Mumbai defeated Andhra by 10 wickets to secure a successive bonus-point victory in the Ranji Trophy in Mumbai on Monday.
'Sri Ayodhyaji will emerge as the greatest centre of cultural togetherness, universal harmony, vasudeva kutumbakam, compassion, and love for every single living being on this Earth.'
The "composed" set of newcomers in the Indian team don't need frequent advice, they need just a supportive environment to excel, said skipper Rohit Sharma after the young guns played a major part in the hosts' series-sealing win over England in the fourth Test in Ranchi on Monday.
Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence. The state-owned insurer is ranked after Allianz SE, China Life Insurance Company, and Nippon Life Insurance Company. According to the report, LIC's reserves stood at $503.7 billion. Germany's Allianz SE ($750.20 billion), China Life Insurance Company ($616.90 billion) and Nippon Life Insurance Company ($536.80 billion) are the top three insurance companies in the world.
The court's directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of the M P Birla group, a statement from the Birlas read.
Images from the Euro 2024 qualifying matches on Friday.
Safety measures will include tents where temperature checks will be conducted, strict hygiene criteria, no canteens and no showers. A maximum of five players will be allowed per pitch with tackling forbidden.
No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.
RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.
Real Madrid's Rodrygo struck twice and Jude Bellingham was also on target as the visitors enjoyed a 3-0 win at lowly Cadiz.
Dhas (116, 101 balls) and Saharan (100, 107 balls), who added 215 off 202 balls, lifted India from a tricky 62/3 to a formidable 297/5 after they opted to bat first.
'The deal pipeline across products is robust for 2024.'
'Article 370 offered very important protections that were related to people's day to day lives.'
The papayas from Mumbai were too squishy, the chef raced through the streets of Goa in a police jeep to look for fruit ripened just right only to have security personnel puncture many a hole through them... a new book recalls in detail the struggle to procure and plate perfect papayas for Indira Gandhi during a Commonwealth Heads of Government Meeting (CHOGM) in 1983.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
'Check every SMS you get. Many people ignore them.' 'Remember if there is an activity in your account, your financial institution will send you an SMS, not a WhatsApp message.'
The ICC on Tuesday moved next year's men's U-19 World Cup from Sri Lanka to South Africa, 11 days after the world governing body provisionally suspended the island nation's cricket board due to government interference.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).
We need not spend much time going over what this government has done and is doing to the Opposition, by misusing the Enforcement Directorate and the CBI. There is a daily update on that, notes Aakar Patel.
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