This is the sixth mark down for the largest e-commerce marketplace of the country in as many months.
'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.
'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'
The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.
The recovering valuations, will lead to enhanced optimism among investors about funding startups.
Navi Mutual Fund (MF), among the latest entrants in the Rs 35-trillion industry, is looking to make a mark in the passive investment space, which is gaining traction in the country. The Flipkart co-founder Sachin Bansal-led fund house filed seven offer documents with the market regulator Securities and Exchange Board of India (Sebi) on a single day this week. Some of the schemes Navi MF plans to launch are Navi NASDAQ 100 Fund of Fund, Navi Nifty Commodities Index Fund, Navi Nifty 100 ESG Index Fund.
Here's what made the founder of the world's largets mutual fund help his investors create wealth.
To realise your long-term goals and objectives, you need to stick to your financial plans
Only if you are a conservative investor satisfied with index returns; but over long term actively managed funds give better returns in Indian markets
They researched their companies well, didn't believe in the market chatter and advise to stay invested for long term.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Most investors sell in panic, act like a trader, don't understand the difference between price of a stock and its value, are not consistent in their investment strategy and deviate from their asset allocations that leads to wealth destruction, writes Ramalingam K.
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
Hedge funds are famous for their price tag - known as "two and 20" - a fee of two per cent of the assets they manage each year and 20 per cent of all gains
One risk of investing in a very low-cost ETF is if a fund house runs it at below cost, it could close it if it fails to attract institutional money
The company has a market capitalisation of $743 billion.
When making a buy or sell decision on a fund, it is essential to look beyond profits, says Kavitha Krishnan
Protesters outside the Jordanian pilot's home said they will seek revenge.
'The category of crime and criminals called Maoist or Naxal or #UrbanNaxals is an illegitimate creation of right-wing propaganda media frenzy.' 'It is a fiction repugnant to the Constitution and the law of the land,' argue Vernon Gonsalves and Arun Ferreira.
The company has also stepped up its courtship of machine-learning PhD's, joining Google, Amazon, Facebook and others in a fierce contest
'In the first meeting of this new year, we took a joint new year resolution that we will complete it this year. At the time things were not very clear, but the mood was clear that yes, we must resolve it.' 'Yes, details have to come out, but there are some sensitivities, there are some stake-holders not yet on board, especially other Naga undergrounds etc, we would like them to come on board... So at a proper time it has to be revealed to the country, and to the legislature. Perhaps, we may have to wait for some more time.' 'With better understanding of the Indian system, many of them have learnt, realised, appreciated that Naga nationalist aspirations can be accommodated in the Indian system. The Indian system is pretty comprehensive and flexible.' 'A Naga has as much stake, claim over India as any other Indian. There is no distinction. This, Nagas have realised, that yes, Naga nationalist aspirations and Indian nationalism are not mutually exclusive.' Ravindra Narayan Ravi, the Government of India's Special Interlocutor for the Naga talks, explains how the Naga Peace Accord was reached in an exclusive interview to Saisuresh Sivaswamy/Rediff.com