News for 'Wealth'

LIC's Total Wealth Erosion: Over Rs 2 Trillion

LIC's Total Wealth Erosion: Over Rs 2 Trillion

Rediff.com29 May 2023

The decline in LIC's share price makes it the biggest wealth destroyer among IPOs which hit the market after COVID-19 took hold globally in 2020.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Jan 2025

In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.

Must Read: Advice For SIP Investors

Must Read: Advice For SIP Investors

Rediff.com11 Feb 2025

'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'

Who Stole the Show with the Bat? Kohli or Salt? Vote!

Who Stole the Show with the Bat? Kohli or Salt? Vote!

Rediff.com23 Mar 2025

On a night packed with drama, milestones, and momentum swings, five batters rose above the rest to set Eden Gardens alight.

Confused About New Tax Rates? Ask Our Experts

Confused About New Tax Rates? Ask Our Experts

Rediff.com1 Feb 2025

Ask tax gurus Mihir Tanna, Samkit Maniar, Vivek Lala, Anil Rego, T S Khurana and Mahesh Padmanabhan your Budget-related tax questions

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

Banks Struggle to Regain Deposits

Banks Struggle to Regain Deposits

Rediff.com13 Mar 2025

Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.

Why govt is demanding $2.81 bn from RIL, BP

Why govt is demanding $2.81 bn from RIL, BP

Rediff.com4 Mar 2025

The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.

'Rakesh Jhunjhunwala Inspires New Investors'

'Rakesh Jhunjhunwala Inspires New Investors'

Rediff.com17 Oct 2024

'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'

Mid & Smallcap SIPs: Hold Or Exit?

Mid & Smallcap SIPs: Hold Or Exit?

Rediff.com27 Feb 2025

Younger investors with long investment horizons may continue their SIPs.

Bloodbath: 'Markets Can Fall Further From Here'

Bloodbath: 'Markets Can Fall Further From Here'

Rediff.com28 Feb 2025

As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.

Nifty Next 50 intensifies competition in the largecap space

Nifty Next 50 intensifies competition in the largecap space

Rediff.com12 Dec 2024

Passive funds tracking the National Stock Exchange Nifty Next 50 Index have seen their assets under management (AUM) more than double in the past year. The index's growing popularity can be attributed to its robust 50 per cent return over the same period. Currently, the AUM of funds tracking the Nifty Next 50 index stands at nearly Rs 30,000 crore.

'If Nifty Continues To Decline Below 23,000 Mark...'

'If Nifty Continues To Decline Below 23,000 Mark...'

Rediff.com13 Feb 2025

'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'

185 Indians In $1 Billion Club

185 Indians In $1 Billion Club

Rediff.com3 Sep 2024

The combined wealth of India's dollar billionaires is now equivalent to 33.81 per cent of India's nominal GDP.

Investing In ETFs: What You Must Know

Investing In ETFs: What You Must Know

Rediff.com6 Jan 2025

'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'

How To Turn 1 Cr Into 100 Cr

How To Turn 1 Cr Into 100 Cr

Rediff.com19 Nov 2024

Let's explore three different ways to reach the Rs 100-crore mark, each taking advantage of the power of compounding, consistent investing, and some smart planning

Volatile Market: What Investors Must Do

Volatile Market: What Investors Must Do

Rediff.com22 Jan 2025

Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

Growth in India slowed more than expected: IMF

Growth in India slowed more than expected: IMF

Rediff.com17 Jan 2025

Led by a sharper-than-expected deceleration in industrial activity, economic growth in India slowed more than anticipated and is projected to remain at 6.5 per cent till 2026, the International Monetary Fund said on Friday. "Growth in India slowed more than expected, led by a sharper-than-expected deceleration in industrial activity," the IMF said in its latest update of the World Economic Outlook, according to which the global economy is holding steady. In 2023, India's growth rate was 8.2 per cent, which dropped to 6.5 per cent in 2024.

'Tax Liability Can Be Reduced By 3L'

'Tax Liability Can Be Reduced By 3L'

Rediff.com21 Feb 2025

rediffGURU Vivek Lala answers your income tax and personal finance queries.

How To Make Money In A Bear Market

How To Make Money In A Bear Market

Rediff.com6 Mar 2025

'Reduce your equity allocation, put that allocation into gold and fixed income.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com19 Jan 2025

Corporate earnings from blue-chips like HDFC Bank, ICICI Bank, Donald Trump's swearing-in as the US President, and trading activity of foreign investors are the key factors to drive equity markets this week, analysts said. Trump will be sworn in as the US president for a second term on Monday. This week, several key Nifty-50 companies, including BPCL, HDFC Bank, Hindustan Unilever, Dr Reddy's, UltraTech Cement, JSW Steel and ICICI Bank are scheduled to announce their financial results.

Congress meets EC, seeks action against Modi for 'wealth redistribution' remark

Congress meets EC, seeks action against Modi for 'wealth redistribution' remark

Rediff.com22 Apr 2024

A delegation of Congress leaders met the Election Commission and handed over complaints against the prime minister, alleging that he has trampled upon and violated the model code and directions of the poll body.

'A Sea Of Opportunities, An Ocean Of Challenges'

'A Sea Of Opportunities, An Ocean Of Challenges'

Rediff.com21 Feb 2025

'We have not even used 0.1% of the available resources.'

Want To Invest In ELSS? Read This

Want To Invest In ELSS? Read This

Rediff.com6 Feb 2025

ELSS investments require a long-term commitment of at least seven years.

SA20 is best tournament after IPL: Karthik

SA20 is best tournament after IPL: Karthik

Rediff.com11 Jan 2025

'I've always wanted to play in a league outside India, and I believe I've chosen the best one. The quality of cricket and the support from the crowds here are amazing.'

How To Make Rs 15 Cr From Rs 20k SIP

How To Make Rs 15 Cr From Rs 20k SIP

Rediff.com3 Dec 2024

Unbelievable, did you say? Ramalingam Kalirajan explains the simple math.

Why Pyaasa Is A Must Watch 68 Years On

Why Pyaasa Is A Must Watch 68 Years On

Rediff.com26 Feb 2025

'At a time when the 'my country, right or wrong' attitude is sweeping over the majority, the Pyaasa song Jinhe Naaz Hai Hind Par Woh Kahan Hain brings a much-needed sense of reality. It questions: How can one feel any sense of pride when women are treated like this? Utkarsh Mishra salutes Guru Dutt's classic that turns 68 this month.

Women We Admire: India's Brave Ranis

Women We Admire: India's Brave Ranis

Rediff.com6 Mar 2025

This Women's Day Week, we pay tribute to the extraordinary courage, resilience, and leadership of three iconic Indian queens -- Rani Lakshmibai of Jhansi, Rani Chennamma of Kittur, and Maharani Ahilyabai Holkar of Malwa.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com12 Jan 2025

Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said.

'The Largest Peaceful Gathering Of Pilgrims'

'The Largest Peaceful Gathering Of Pilgrims'

Rediff.com11 Feb 2025

Through history, the Mela has held different meanings for ascetics, the colonised, colonisers, and tourists, but all have been moved by its grandeur points out Atanu Biswas.

First time no foreign attempt to disrupt Parliament session: Modi

First time no foreign attempt to disrupt Parliament session: Modi

Rediff.com31 Jan 2025

Prime Minister Narendra Modi said on Friday that there have been no attempts from abroad to stoke trouble in India ahead of the Parliament's Budget session, which begins on Saturday. Modi's statement comes as his government prepares to present its first full-fledged budget in its third term. He expressed confidence that the Budget session will infuse new confidence and energy in attaining the goal of 'Viksit Bharat' by 2047, and said his government has been working in a mission mode for an all-round development.

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

99 And Seven Decimal Points

99 And Seven Decimal Points

Rediff.com11 Mar 2025

'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com22 Dec 2024

Stock market participants would track global trends and foreign investors' trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas.

History In Minutes: The Communist Manifesto

History In Minutes: The Communist Manifesto

Rediff.com21 Feb 2025

On its 177th anniversary, Utkarsh Mishra explores the history and relevance of The Communist Manifesto.

Gautam Adani's wealth up relative to India's GDP

Gautam Adani's wealth up relative to India's GDP

Rediff.com27 Oct 2022

Amid increasing volatility and recession fears looming over global markets that has led to the decline in wealth of a number of billionaires, Gautam Adani was the only one to buck the trend. The billionaire added $43.3 billion in net worth between Diwali 2021 (November 4) and this year's Diwali (October 24) according to Bloomberg data. He added more wealth than the gross domestic product (GDP)of more than a dozen Indian states.

Is No Tax Till Rs 12.75L A Game Changer?

Is No Tax Till Rs 12.75L A Game Changer?

Rediff.com3 Feb 2025

What does this mean for you? Ramalingam Kalirajan explains.

'This Is Your Chance, India'

'This Is Your Chance, India'

Rediff.com14 Feb 2025

'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'

A Financial Plan For Young Indian Family

A Financial Plan For Young Indian Family

Rediff.com12 Feb 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.