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.
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.
'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.'
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 government is set to ask PSBs to expeditiously introduce repo-rate linked products "to step up affordable credit".
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.
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.
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.
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.
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.
'Till a cheque comes into my account, I don't feel like a professional actor.'
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.
Anand, the 49-year-old judge, was allegedly mowed down by an auto-rickshaw while he was jogging on July 28 last year.
Judicial magistrate, first class, Banihal, Manmohan Kumar also directed the superintendent of police, Ramban to monitor the investigation in the case and conclude it within a period of three months.
Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.
Had he not taken his final curtain call on April 23, 1992, Satyajit Ray would still, undoubtedly, have been making movies.
'Especially if their investment horizon is over two years.'
Indian IT services companies have seen several CEO changes that have, over the past few months, led to some crucial exits at the mid-senior level in a trend that is likely to continue. According to a recent Motilal Oswal report, "Movement of mid-to-senior leadership at IT services firms is a reality, partially on account of multiple CEO-level changes.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
While equity savings funds could offer higher returns over three-five years, they would also be more volatile.
Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings. From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results. These 12 PSBs witnessed 57 per cent increase in total profit compared to Rs 66,539.98 crore earned in 2021-22.
'There are many people who are not scared, but are outside the Congress. All these people are ours. Bring them in'
Companies don't have to be in the field to nudge people to return money they owe lenders.
Suppose you had bought a television set that came with a one-year warranty. It breaks down two years after purchase. You can't react emotionally and say that such an expensive set should last for at least five-six years.
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
Retail investors now own a bigger slice of small-cap companies than a couple of years earlier, attributable to their growing conviction in mutual fund (MF) schemes focused on this space. Data from Capitaline shows MFs' average holding in the National Stock Exchange Nifty Smallcap 250 rising to 8.67 per cent, from 7.67 per cent in the past two financial years, with the number of companies with over 20 per cent MF holdings, rising from 15 to 24. At the end of May, the top five small-cap firms with the highest MF holdings were Carborundum Universal, Blue Star, Cyient, Gujarat State Petronet, and Cholamandalam Finance.
Senior players like Manpreet Singh, Harmanpreet Singh and PR Sreejesh will give the tournament a miss.
University Registrar Ch Gopal Reddy said they declined permission as they had no mechanism to provide security to the congress leader.
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.
The banking sector emerged as an outlier when the rest of India Inc witnessed a slowdown in earnings in FY23. The combined net profit of listed public and private sector banks was up 39.4 per cent year-on-year (YoY) last financial year and their share in India's gross value added (GVA) or gross domestic product (GDP) at factor cost rose to a record high of nearly 1 per cent up, from 0.8 per cent a year ago. Listed banks' combined net profit grew to Rs 2.36 trillion in FY23, from Rs 1.69 trillion a year ago. In comparison, India GVA at current prices was up 15.2 per cent YoY at Rs 247 trillion in FY23; it was around Rs 214 trillion a year ago.
In a move expected to promote tourism and give a boost to the economy of militancy-ravaged Jammu and Kashmir, Air Sahara will begin its daily operations between Delhi and Srinagar on Wednesday.
Around eight to 10 people were also rescued from the building, they said.
Congress president Sonia Gandhi also decided to convene a 'Chintan Shivir', a brainstorming session from May 13-15 in Udaipur.
From July 27, 2017, says Syed Firdaus Ashraf, my daughter will have to learn that there are only two most important things in life: Power and money.
She acted in more than 500 films, including a Bengali version of Devdas.
'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'
Though the run-up to the poll saw a high pitched campaign by the parties, the turnout of the voters on December 1 was an unimpressive 46.55 per cent (34.50 lakh) out of the total 74.67 lakh voters.
'Small cap funds do have their own merits and they make sense when the investor has a longer investment horizon.'
The Indian junior men's team beat Pakistan in a thriller in the final of the Men's Junior Asia Cup 2023.
'Rafi was singing for Hanuman and I was singing for Ravan.' 'C Ramachandra corrected Rafisaab and he became red in the face.' 'I asked Anna (Ramachandra), "How could you do this?"' 'He replied, "How could I not do this? My song was being spoilt".'
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