Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
India's largest online travel agency, MakeMyTrip said that it is premature to assess the impact of Omicron variant on overseas tour bookings. Others in the travel sector however are worried about cancellations in the coming days as countries tighten travel restrictions. "It is too early to assess the impact of the new Covid-19 variant on outbound travel. "Additional protocols are already set in any case from several countries which will help contain the variant coming to India.
Revanth, the Congress candidate for Kodangal constituency had called a protest rally and a bandh against Rao's scheduled meeting at Kosigi in the assembly segment on Tuesday evening.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
An icon of grace and beauty, the charismatic heroine of outstanding films, Suchitra Sen will forever remain the brightest star on the horizon.
While the Opposition is making a belated effort to form a joint front against the BJP, Mamata's ambiguous stand has created confusion, observes Virendra Kapoor.
India's exports are unlikely to get an immediate boost from a depreciating rupee, which touched an all-time low on Monday, driven by rising commodity prices. The rupee fell to 76.97 against the dollar earlier in the day, settling 1.05 per cent weaker than the previous close. Oil prices soared to their highest since 2008 on Monday at $139 per barrel, after the US and European allies explored a Russian oil import ban, while delays in the potential return of Iranian crude oil to global markets increased supply fears.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The stellar rise in corporate earnings in financial year 2021-22 (FY21) and FY22 did not result in a corresponding boom in capital expenditure (capex), with listed companies' investment in fixed assets rising just 2.3 per cent year-on-year (YoY) in FY22, growing at the slowest pace in the last six years. In comparison, the firms' combined net profit jumped 63.5 per cent YoY in FY22, while net sales increased 31.1 per cent - the fastest pace in over a decade. The 955 non-financial companies in Business Standard's sample reported combined net profit of Rs 7.18 trillion in FY22, compared with Rs 4.39 trillion in FY21 and Rs 2.59 trillion in FY20.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'E-commerce scams are not new, but what s more alarming is the covert cyber warfare the Chinese entities are launching in India on a repeated basis.'
Ironically, the BJP, which seeks to unseat the TMC from power, has taken a leaf out of Mamata Banerjee's strategy of soliciting tinsel town's support towards causes and fielding actors in elections.
However, the number of renewals has grown by only 0.4 per cent, which means only high value and ticket size renewals are coming.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Bihar, Jharkhand and Uttar Pradesh have emerged as the poorest states in India, according to Niti Aayog's first Multidimensional Poverty Index (MPI) report. As per the index, 51.91 per cent population of Bihar is poor, followed 42.16 per cent in Jharkhand, 37.79 per cent in Uttar Pradesh. While Madhya Pradesh (36.65 per cent) has been placed fourth in the index, Meghalaya (32.67 per cent) is at the fifth spot. Kerala (0.71 per cent), Goa (3.76 per cent), Sikkim (3.82 per cent), Tamil Nadu (4.89 per cent) and Punjab (5.59 per cent) have registered the lowest poverty across India and are at the bottom of the index.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A bench headed by Chief Justice N V Ramana said the Jharkhand high court would keep monitoring the probe.
Small-cap funds have enjoyed a massive run-up over the past year. The category has turned in an average return of 109 per cent - the best-performing fund has yielded a humongous 201 per cent. Many investors, however, are concerned whether the category has turned risky after such a sharp rise.
Ashok Kumar Tomar, who was posted in the central district, was suspended for allegedly threatening the family of the victim.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The suave actor of the world, sometimes called the last of the Mohicans and familiar to students of cinema anywhere in the globe, acted in 14 Ray films and over 300 others, gracefully transitioning into commercial cinema in a variety of roles.
Either drivers were blissfully unaware of the requirement or they hadn't bothered to get one installed in their vehicle.
In a career spanning six decades, Chatterjee has acted in more than 300 films.
Responding to a discussion during Zero Hour in the Lower House, Defence Minister Rajnath Singh said he was falling short of words to condemn the heinous crime.
Categories such as lifestyle, food and electronics accounted for over 1,350 sellers across the country last year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Shaurya Chakra is usually awarded to armed forces and para-military personnel for 'gallantry otherwise in the face of the enemy'.
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.
Make sure that the waiting period on pre-existing diseases does not exceed two years. Avoid policies that come with room rent and ICU capping, suggests Sanjay Kumar Singh.
We asked you, dear readers to share your best tips on saving money. Dibyendu Kumar Roy, 43, from New Delhi shares his tips.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
These measures are in addition to other proposals made earlier, including regulation of sale and consumption of liquor, free trips to certain religious places like Sabarimala and distribution of one lakh cows every year.
'The bhadralok would have earlier baulked at the very idea of wearing a coloured dhoti; now, with Dr Banerjee wearing, it is quite likely to be the hot fashion item during Durga Puja next year,' says Uttaran Das Gupta.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
A week after the Income Tax Department's much publicised new e-filing portal went live, users continued to face technical glitches ranging from longer than usual logging time, inability to respond to notices and not all features functioning yet, chartered accountants said on Monday. The new portal, "http://www.incometax.gov.in/"www.incometax.gov.in, was launched last Monday (June 7), which the tax department as well as the government said was aimed at making compliance more taxpayer-friendly. But users complained of technical issues facing the site from the very first day and not everything has been fixed even after a week, chartered accountants (CAs) said, adding that taxpayers are unable to view past e-filed returns and many features/ facilities continue to be marked 'coming soon'. Finance Minister Nirmala Sitharaman herself had asked Infosys - the vendor which created the portal - and its Chairman Nandan Nilekani to fix the technical glitches.
