'Because it is the only public sector company in this sector, currently.'
The construction lift in the 40-storey building located in Balkum area off the Ghodbunder Road here collapsed on Sunday evening.
TDP Telangana unit president Ramana said they favoured a 'grand alliance' for the elections in the interest of Telangana people.
Moushumi Chatterjee mourns Tarun Majumdar, who passed into the ages on Monday.
Analysts and economists have hailed the fiscal projections in the interim Budget, saying the lower fiscal deficit forecast shows that the government, even in an election year, is serious about fiscal consolidation and that the numbers look achievable. According to Devendra Kumar Pant, the chief economist at India Ratings, the two broad themes of the interim Budget are fiscal consolidation and stepping up focus on agriculture/rural to course correct, to some extent, the differential benefits of the ongoing economic growth that's tilted in favour of upper-income bracket/urban households. The projected fiscal deficit numbers for FY24 and FY25 suggest that the government is serious about achieving the fiscal consolidation path of 4.5 per cent fiscal deficit by FY26, and given the nominal GDP growth assumption and revenue buoyancy, the target appears plausible, Pant said in a note.
'No human bias is involved as happens in active funds.'
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
'...which is possible through flexicap and multicap funds.' 'The latter has a better balance between large, mid and smallcap stocks.'
'Higher valuation remains the only spoiler for equities.'
Andhra Pradesh Chief Minister Kiran Kumar Reddy, Congress leader Uttam Kumar Reddy, CPI-M state secretary B Raghavalu, PRP leader C Ramachandraiah were among those who are attending the meeting during which Chidambaram will handed over the Justice B N Srikrishna Committee report on the Telangana statehood demand.
'Barring Tamil Nadu and Kerala, the BJP will may make inroads in Karnataka, Andhra and Telangana in 2024.'
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.' 'The results of the general elections will also be keenly watched.'
A class IV government employee and his lover were murdered allegedly by the woman's husband and cousins, her brother and one of her paramours.
Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
Reddy stated that KCR's statement on proposing a new constitution is an extension of the idea of the BJP.
People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.
Keep revising the sum insured at the time of renewal to keep it in line with inflation.
Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.
The talks for a free trade agreement (FTA) between India and Canada may have taken a pause but will resume once the political row between the two countries is resolved as the pact has economic benefits for both the nations, trade experts and exporters said on Friday. However, they said that India may not hurry for the trade agreement as 60 per cent of New Delhi's exports are already entering Canada at zero duty. Earlier this month, India and Canada paused the negotiations for the agreement due to political reasons.
The government is set to ask PSBs to expeditiously introduce repo-rate linked products "to step up affordable credit".
Ashfaq Alam had been in jail for one month in connection with the crime committed in New Delhi and later came out on bail, Aluva Rural Superintendent of Police Vivek Kumar told reporters in Kochi.
The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.
As Rahul Gandhi's Bharat Jodo Yatra travels across Maharashtra, Uttam Ghosh/Rediff.com captures scenes from the walkathon to spread kindness and harmony from Nanded.
With over Rs 17-crore (Rs 170-million) investment needed per Mw of solar power, an estimated Rs 18,000 crore investment would come in the Phase I.
More Indians renounced their citizenship and took citizenship in other countries in 2022 than ever before, according to data. Answering multiple questions in Parliament - the last on March 31 this year - Minister of State for External Affairs V Muraleedharan told the Lok Sabha that more than 200,000 Indians gave up Indian citizenship in 2022. The question was asked by Congress Members of Parliament Kodikunnil Suresh and M K Raghavan, and All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi.
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
Balanced advantage funds have the potential to earn superior risk-adjusted returns for the investor and offer a smoother investment journey.
President Droupadi Murmu on Wednesday approved 412 gallantry awards and other defence decorations to Armed Forces personnel and others on the eve of 74th Republic Day.
The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into cost structures. "One working group has been set up which is going to review... One of the suggestions is that if any scheme or fund is performing well above the benchmark, it (fee) can be linked to its performance.
The 21-year-old upstaged seasoned campaigners like Vijay Kumar and Uttam Singh Mundy at the Noida Open, which saw Delhi's Ajay Gupta card a hold-in-one on the final day.
P V Narasimha Rao strongly felt that the reforms would have to be mindful of Indian concerns and would have to protect the interests of our poor and our working people, he said.
President Droupadi Murmu on Tuesday conferred Distinguished Service Awards, including 52 Ati Vishisht Seva Medals, on 84 serving and retired personnel of the armed forces and the Indian Coast Guard.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
The Lucknow bench of Allahabad high court on Tuesday refused to quash criminal proceedings against a journalist for allegedly sharing incorrect facts as information on social media.
Over 87 per cent of active large-cap schemes failed to outperform the benchmark S&P BSE 100 (total return) in the 2022 calendar year (CY), significantly higher than the 2021 figure of 50 per cent, shows a report by S&P Dow Jones Indices. During the three-year period (CY 2020, '21, '22), the percentage of schemes underperforming the index was even higher at 97 per cent. While active large-cap schemes generally find it tough to outperform due to a rising efficiency in the market, 2022 proved to be even more challenging as mid-cap and small-cap stocks (where they have some allocation) performed poorly vis-a-vis the large-caps.
'Till a cheque comes into my account, I don't feel like a professional actor.'
Anand, the 49-year-old judge, was allegedly mowed down by an auto-rickshaw while he was jogging on July 28 last year.
'There are many people who are not scared, but are outside the Congress. All these people are ours. Bring them in'
Rono J Dutta, former chief of the world's biggest carrier United Airlines, has taken over as president of Air Sahara in place of Uttam Kumar Bose.
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