'My mom had told me a great deal about Meena Kumari and how she could make a tear drop at the right moment. A legend who was in total control. But when I finally met her, I saw a frail, shrivelled and petite woman -- just a bag of bones. Very tiny. She was dying.'
The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
Congress president Mallikarjun Kharge accused the BJP-RSS of carrying out a "well-planned conspiracy" against national heroes and said that Sardar Vallabhbhai Patel's ideology was contrary to the RSS' ideas. He defended the relationship between Sardar Patel and Jawaharlal Nehru, saying they were "two sides of the same coin". He also criticized the BJP-RSS for their alleged attempts to appropriate the legacy of Mahatma Gandhi and Sardar Patel.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
Former India cricketer Sairaj Bahutule is set to join Rajasthan Royals as a spin bowling coach for the upcoming Indian Premier League (IPL) season.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
'He's got a lot of time ahead of him'
Holi was celebrated with pomp and splendor across India on Friday, with people soaking in the festivities by smearing 'gulaal' on each other and exchanging greetings and sweets. Homes and streets wore a colourful look as the revellers splashed colours and feasted on traditional delicacies. Public transport did not ply in the morning in most major cities while metro services started functioning from noon. As Holi coincided with the second Friday prayers during the holy Islamic month of Ramzan, security -- including increased patrolling and picketing -- was beefed up in several states. In Delhi, more than 25,000 security personnel were deployed. Police closely monitored about 300 sensitive areas with CCTV cameras and drones.
Megha Engineering and Infrastructure, the little-known Hyderabad-based firm that in recent years won the prestigious Zojila tunnel deal among other projects, forayed into city gas and acquired a media group, was the second largest donor to political parties using electoral bonds.
Star batter Virat Kohli supported the presence of players' families on tours
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
'Players can apply for permission if they want their families to stay longer on tours.' 'The BCCI will make a decision as it sees fit.'
Archie Comics has released a new story featuring the celebration of Holi in India. The 10-page story, titled "Celebration Surprise," appears in "The World of Betty & Veronica digest #38." Co-CEO of Archie Comic Publications Nancy Silberkleit said the story was inspired by her own experiences celebrating Holi in India and her desire to celebrate Om Arora, the owner of Delhi-based Variety Book Depot, who has been a long-time distributor of Archie Comics in India.
'Growth for some companies has been hard to come by and this is a smart way to get there.'
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.
"The initial plan was to dispose of the body parts in a secluded location, but the duo eventually decided to keep it inside a large blue drum, filling it with cement and sand," said SP Singh.
Badoni had led Rishabh Pant in the last Ranji match.
United States President Donald Trump on Thursday announced the extradition of the 26/11 Mumbai terror attack accused Tahawwur Rana to India and said he will face justice.
M S Dhoni was back, and within moments, he reminded the world why his name remains synonymous with cricketing brilliance.
Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
Prime Minister Narendra Modi, during his two-day state visit to Mauritius, presented President Dharam Gokhool with Gangajal from the Maha Kumbh Mela. The visit marks Modi's return to Mauritius after nearly a decade, showcasing the strong relationship between India and Mauritius.
The Bharatiya Janata Party, which claims itself as the biggest political party in the world, has a whopping cash and bank balance of Rs 7,113.80 crore against the principal opposition Congress party's Rs 857.15 crore as on March 31, 2024, according to figures provided to the Election Commission.
Captain Pat Cummins reflected on the significance of this Christmas gathering, highlighting the strong bond within the Australian cricket team.
The Supreme Court on Monday referred to a five-judge Constitution bench a batch of pleas challenging the validity of the electoral bond scheme for political funding of parties.
'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'
'As I entered the water at the Sangam, my son held my hand, offering support.' 'It was a powerful moment of connection not only to the Divine but also to my son, reinforcing his role as a pillar of support in my life,' says Arun Khanna.
From the 30-share Sensex blue-chip pack, Tata Steel, Zomato, Larsen & Toubro, Tata Motors, Adani Ports, Tata Consultancy Services, HDFC Bank and NTPC were the major laggards. Nestle, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints and Bharti Airtel were among the gainers.
A five-judge constitution bench of the Supreme Court is scheduled to commence hearing from October 31 a batch of pleas challenging the validity of the electoral bond scheme for political funding of parties.
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
Holding that the electoral bonds scheme was not fool-proof, the Supreme Court said on Thursday that information about funds received by a political party is essential for voters to exercise their freedom to vote effectively.
Chhetri and Kohli share a special and endearing relationship, bonded by their extraordinary levels of fitness and love for their nation and respective sports.
Shane Bond, who has been associated with MI since 2015, won four IPL trophies as the bowling coach of the team.
During 2023-24, while the BJP received over Rs 723 crore worth of donations from Prudent Electoral Trust, it also got over Rs 127 crore from Triumph Electoral Trust and over Rs 17 lakh from Einzigartig Electoral Trust.
Film folk stepped out to watch debutants Rasha Thadani and Aaman Devgn's new film, Azaad, which releases on January 17.
The Delhi high court granted bail to alleged middleman Christian Michel James in the Rs 3,600-crore AgustaWestland money laundering case on Tuesday. Justice Swarana Kanta Sharma, while granting the reprieve to James, said it was an "exceptional situation" where the accused was in custody for over 6.2 years but the trial had not yet commenced due to incomplete investigation. James, who was extradited from Dubai in December 2018, can now walk out of prison subject to compliance with the conditions.
Modi, who has infused personal chemistry in his international encounters, has made the special gesture of receiving a foreign leader at the airport only six times.
Delhi Capitals vice-captain Jemimah Rodrigues believes the long break between the last league match and the Women's Premier League final has revitalized the team and will work to their advantage in the title clash. The Capitals have qualified for their third straight WPL final after Mumbai Indians were defeated by Royal Challengers Bengaluru in the last league match at Mumbai on March 11.
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