The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2 per cent, from 7 per cent projected in March, saying elevated consumer confidence will drive spending, besides increased investments. In June update to its global economic outlook report, Fitch said it expects inflation to decline to 4.5 per cent by end of this year and RBI to cut policy interest rates by 25 basis points to 6.25 per cent.
'We cannot endanger our national security by indulging in false bravado, fake narratives and high-decibel whitewashing. As a nation, we have to collectively fight the scourge of cross-border terrorism'
While Hindware is expecting sale of its air purifiers to double this year, brands like Xiaomi, Blue Star and Daikin, too, are expecting significant rise in sales.
From hitting massive sixes, to scoring tons of runs, to producing breakthroughs, charismatic all-rounder Sunil Narine has been KKRs' go-to man for more than a decade in the IPL, and co-owner Shah Rukh Khan was effusive in his praise for the all-rounder, calling him the "Superman" and the real energy behind the team's success.
The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."
The dead were identified as belonging to Punjab province. No group has claimed responsibility for the attack so far.
Visa delays have perturbed Indian visitors this summer. But a solution could be in sight soon, as embassies gear up to address the challenges caused by a spike in applications and staff shortages. While the British High Commission has said it is working urgently to reduce the current visa processing time, the German Embassy has introduced extra shifts to process more visas. However, appointments with the latter are fully booked till August-end due to high volumes.
'I am ashamed we are dealing with such adversaries.'
Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.
Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.
He also said that the PM did not speak about ending the lockdown, which remains in force till May 3. Singh Deo took part in the meeting with Chief Minister Bhupesh Baghel. "The PM said that spike in cases could happen in June and July so the coronavirus will be among us for a long period and (present) activities must be done keeping this in view," the health minister said.
Smartphones have been a key success story of the government's production-linked incentive scheme, helping India become the second-largest mobile phone manufacturing country, after China.
'It is advisable to stay away from the markets for now and buy only on a dip.'
A prominent Indian diaspora body has urged various agencies of the US government, universities and student associations to work towards addressing the spike in the deaths of Indian-origin students in the US in recent months.
Chopra had claimed the silver at this event in 2022.
In a letter to all chief secretaries, Union Health Secretary Rajesh Bhushan said it is imperative to re-emphasise the significance of timely and swift upgradation of health infrastructure in all states and UTs.
Modi's last interaction with chief ministers was in January before the vaccination roll-out.
In preparation for IPL 2024, during a nets session on Thursday, February 8, 2024, the Chennai Super Kings captain was seen using a bat bearing the logo of a new brand.
Chief Minister Uddhav Thackeray held talks with the members of the state COVID-19 task force. They discussed the ways to avoid crowding during the Christmas and New Year celebrations, weddings and parties at hotels and restaurants, it said.
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
Neeraj Chopra's broad shoulders will carry a weight of massive expectations
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, "there is still some time for the industry to be firing on all cylinders." Among the majors-Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro-it is the Bengaluru-based Infosys that has performed better, which was also evident in its full-year revenue guidance.
As India witnessed the highest number of Covid cases in over four months, former All India Institute of Medical Sciences (AIIMS) director Dr Randeep Guleria on Wednesday said the new XBB.1.16 variant could be driving the recent rise but emphasised there was no need for panic as long it does not cause severe illness and deaths.
With a sharp rise in deaths due to the latest surge in COVID-19, crematoriums and burial grounds in the city are struggling to manage resources.
On Sunday, the city had witnessed the highest-ever 11,163 new COVID-19 cases.
The 72 deaths are the highest since December 5 when 77 deaths were recorded.
India has decided to buy 8,356 Spike anti-tank guided missile and 321 launchers from Israel for Rs 3,200 crore, rejecting US offer of Javelin missiles that Washington was lobbying hard for.
'The nominal GDP growth assumption for FY25 may be revised upwards on higher growth expectations.'
Delhi Health Minister Satyendar Jain said the Aam Aadmi Party government is alert on the pandemic situation and keeping a "close watch" on it.
The death toll climbed to 55,794 with 945 fatalities being reported in a span of 24 hours.
From the Sensex basket, Sun Pharma, Maruti, Power Grid, Titan, JSW Steel, Tech Mahindra, Larsen & Toubro and State Bank of India were the major laggards. Tata Motors, Tata Consultancy Services and Nestle were the gainers.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
A fibre-rich food will help you lose weight and control blood sugar spikes, advises rediffGURU Rebecca Pinto.
Olympics is a high-stakes and high-pressure situation and anything can happen. Guessing a medal on the basis of statistics is difficult, says Neeraj Chopra's coach Klaus Bartonietz.
The spike in volatility, amid election uncertainty, has done little to dent the confidence of retail investors, shows demat account addition and equity mutual fund (MF) investment data. In May, investors opened a net 3.6 million demat accounts, taking the total to 158 million. MF data released on Monday pegged the net inflows into equity schemes and SIP investments at new record highs of Rs 34,697 crore and Rs 20,904 crore, respectively.
Alcaraz grinds down Zverev to win maiden French Open title
Long-term investors should never stop their SIPs during market corrections.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
In a letter to states and UTs, Union Health Secretary Rajesh Bhushan said such an exercise will enable timely detection of newer variants, if any, circulating in the country and will facilitate undertaking of requisite public health measures.
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