Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into.
As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years.
Not saying these are enough, but this is a good beginning, says P V Subramanyam.
A vast majority of employees do just the bare minimum that ensures they escape censure or reprimand, such that they are seen to be doing their bit, without coming in the cross-hairs of the HR team for under-performance, observes Sandeep Goyal, managing director, Rediffusion.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
'If I were to live a thousand years, I could not repay the gratitude I feel.' 'To receive love is the greatest thing.' 'What more in life could you wish for?'
Is the latest mobile or car or a house the goal? If so, the savings and investments should be aimed at catering to it. The amount needed has to be worked out, and money needs to be saved, accordingly, suggests Sarbajeet K Sen.
Neeraj ran in fast, did the crossover. The javelin flew out of his hands and he did not look towards the sector. He just knew he had bettered the first attempt. The moment the javelin left his hand, he knew he had done it.
Many investors, who have made money in the rising market of the recent past, are pulling out of equity funds, believing that they can earn more by investing directly.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In September, net equity inflows stood at Rs 6,609 crore, compared to Rs 9,152 crore in the previous month. In the last four months, this is the lowest net inflow tally seen by the equity category.
Most of the investing risk comes from the amazingly wrong, stupid, egoistic assumptions that we make. Here are four of them...
While the market may remain volatile this year, analysts expect equities to deliver positive returns by outperforming inflation and government bonds, supported by the fiscal stimulus in the US.
Usain Bolt sprinted through thin air and sipped champagne floating on his back as he enjoyed near zero-gravity conditions in the back of an aircraft performing stomach-lurching parabola dives.
Immaterial of whether the market is at 18700, 13800, or 9800... or 76,000 these steps will keep your life, wealth and happiness intact!
Anushka-Virat? Sonam-Anand? Alia-Ranbir? Deepika-Ranvir? Priyanka-Nick? Varun-Natasha? Take your pick!
Equity SIPs are meant for long-term investors and choice of stocks should be made on fundamentals of the company.
Salil Dhawan shares his stock market wisdom as 2017 is all set to ring out.
'Good shot, yaar; but why are you batting so aggressively, almost angrily?' Amarnath wants to know. 'Jimmy pa, you don't know, he swore at me in Madras. I have been waiting for an opportunity to give it back!' Yashpal responds.
'Kindly advise about the following stocks. Can I hold or exit?'
To watch Dada standing on the steps of the airplane ladder with a glittering trophy in hand was exhilarating, recalls Hemant Kenkre.
Salil Dhawan explains why you must invest early in life.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Kashmir is the main issue between the two countries.' 'We have not been able to resolve it bilaterally.' 'As the two major countries in South Asia, we have to go back to the drawing board and start engaging.'
'In the early years of this century, barely 10 years after liberalisation, drinking Coke was still cool,' notes Uttaran Das Gupta.
The couple headed to California with their fam jam!
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crores.
'There is still scope for selective stockpicking.'
In life, you always need that someone who directs you to the right path, who shows you the way. In my case, I was very fortunate it was Aditya Chopra.
'That secularism in India is at risk is alarming for someone like me. I'm born secular,' Anjolie Ela Menon, the well-known painter, tells Pavan Lall.
When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
The sound of the dhak is an essential part of Pujo celebrations, says Indrayanee Mukherjee.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
The model looked stunning at designer Ralph Lauren's show.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
The World Cup belonged to Yashpal as much as it belonged to Kapil Dev, Mohinder Amarnath or Roger Binny, whose performances are often highlighted.
Anita Aikara/Rediff.com gives us a glimpse of her delightful gastronomical adventure in Delhi.
'It could tempt investors to pick stocks that are not fundamentally sound.'