'The Chinese fault lines are tremendous and we need to exploit them.'
Star Indian shuttler HS Prannoy said the mentality of not giving up without a fight kept him motivated during the epic victory over Denmark in the Thomas Cup semi-finals on Friday.
"The approach is not to solve the problem using force but by providing means to reduce unemployment and improve economy," he said.
Foreign Portfolio Investors (FPIs) have pumped Rs 47,148 crore in the Indian equities in June, making it the highest inflow in 10 months, enthused by the country's steadily improving macroeconomic fundamentals. However, inflows in July may be subdued as FPIs might adopt cautious stance due to the recent comments from the US Federal Reserve, Mayank Mehraa, Smallcase manager and principal partner at financial consultancy Craving Alpha, said. Besides, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said FPIs are likely to turn a bit cautious going forward as valuations in the country are rich from a short-term perspective.
rediffGURU Sunil Lala answers your MF-related queries.
BSE's fresh shot at cracking the derivatives market is off to a promising start. However, Asia's oldest bourse is facing resistance from brokerages with nearly 10 large brokers yet to offer the relaunched Sensex and Bankex derivatives on their platforms. Many brokers maintain that they are working on the back end to enable BSE derivatives on their apps and websites. Some said while volumes are picking up, they are still miniscule compared to bigger rival NSE, which is the most-preferred venue for derivatives trading. Only a few brokers responded to formal queries sent by Business Standard on the issue of allowing BSE derivatives on their platform.
Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central bank's battle against inflation and have led to a re-evaluation of its exposure to Indian stocks. "The potential for more US Federal Reserve (Fed) rate hikes, combined with the risk that monetary tightening finally bites as regards the economy, remains a risk for Wall Street-correlated world stock markets. "There is also the oil factor. This is why GREED & fear continues to believe the pain trade is down. "Areas in Asia, such as Indian midcaps, which have already done very well, are at obvious risk of some profit-taking," writes Wood.
One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
In the wake of the terrorist attack on the Pathankot Air Force Base, security was on Saturday stepped up in the national capital and several states. Security has been beefed up at the airport, railway stations, bus stands and other vital installations.
More than India's alignment with the Quad, India's defence cooperation and partnership with the USA is of critical importance, notes Rup Narayan Das.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
In an effort to attract investors to the Social Stock Exchange (SSE), the bourses have reached out to the Securities and Exchange Board of India (Sebi) and the government with the industry's demand for additional benefits on contributions made towards social enterprises through the platform. SSE is a regulated platform to facilitate organisations working towards social causes to raise funds and have access to higher capital through the bourses. The platform is aimed at becoming a meeting ground for donors and social enterprises.
Top Pentagon officials have shown an understanding of India abstaining at the UN on resolutions against the Russian aggression against Ukraine but had a hard time pacifying many US lawmakers during a Congressional hearing on the Indo-Pacific on New Delhi's repeated abstention at the world body in New York.
The finance minister's assertion that industry should not expect any spectacular announcements in the 2024 interim Budget suggest that the electoral imperatives of more tax concessions or higher expenditure on welfarist programmes could be far less pronounced than they were before the 2019 interim Budget, expects A K Bhattacharya.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.
WTO's new director has said that the issue needs to be addressed in a positive manner.
Handling pressure at the highest level can be tricky for rookies but archers Aditi Swami and Parneet Kaur were fortunate to have the seasoned Jyothi Surekha Vennam by their side.
'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
Kuldeep Yadav offered valuable insights into his evolving bowling technique following his recovery from a knee injury sustained during the 2021 IPL, which sidelined him for several months.
Defence Minister Rajnath Singh on Wednesday asked the Army to maintain strong vigil along the Line of Actual Control (LAC) with China as the situation in the northern sector remained "tense" in view of deployment of PLA troops.
Modi met Biden for all three days between June 21 and June 23 during the Indian prime minister's state visit to the US.
Make the most of these eight weeks to optimise your score and secure admission in a top b-school.
Sam Bahadur is a mechanical summary of his life, ticking off one chapter after another without bothering to pause or ponder over their significance and influences, observes Sukanya Verma.
'The threat of ceding space to China in Afghanistan appears to be one factor propelling our government to get a bit more active now.'
'ESG is actually a concept which cannot be applied effectively in the very short run.'
During the trip, check your bank account and credit card statements regularly for unauthorised transactions.
The paper suggests the strategy needs to be area-specific eg, border tourism can be promoted aggressively in the Turtuk or Siachen sector, and Daulat Beg Oldi or Depsang plains.
Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers' radar after a hiatus. Over the past 18 months, stock prices for companies in the software space have either corrected or remained subdued. Fund houses have launched five IT-based sectoral funds in the past three months, with three of them taking the passive route.
Will a caste census make tens of millions desert Mr Modi?, asks Shekhar Gupta.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
Over the years, there has been a significant change in every field -- from society, politics to economy. Security challenges have also witnessed that change, Singh said.
He had even visited the last post at Uri in north Kashmir, posing for pictures at a bridge treated as a Line of Control between India and Pakistan.
Emotional infidelity can break up even the strongest relationships, warns Sybil Shiddell.
'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one.'
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
'In today's world, it is difficult for public pressure to work against a country like India.'
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