'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'
Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.
'When people have money in their hands, they make their judgment about whether they want to spend it entirely or spend some out of it.'
The Labour Party in the UK secured 412 seats in the 650-member House of Commons in the general elections.
Indian-Americans have relatively more conservative views of policies in India while on issues affecting the US, the diaspora has a more liberal take, according to a survey of the political attitudes of the influential community in this country.
... resulting in a Rs 2 trillion economic spinoff.
Professionals in this field wear multiple hats irrespective of their credentials -- scientist, researcher, writer, advocate and activist, to name a few.
A new kind of history has been created in Maharashtra. Accept it. We need to give credit where it's due. Modi led this change... from the setback of June 4 to November 23, notes Sheela Bhatt.
Trump supporters were delighted and delirious; Harris supporters dejected and despondent.
The squad for the two Tests against India is set to be named on February 17, with the opening match starting four days later in Wellington on February 21.
There's an average aggregator premium of Rs 46 per dish (in hidden costs) compared to delivery orders placed on restaurants' own channels. Conservatively, this translates into an additional annual financial burden of at least Rs 12,000 for the average Indian household in major metro/Tier-I cities.
A special court in Bengaluru has sentenced Congress MLA Sateesh Krishna Sail to seven years imprisonment and imposed hefty fines for theft and illegal export of seized iron ore from Belekeri port during 2009-10.
Former Indian women's hockey team captain Rani Rampal announced her retirement on Thursday, ending a glittering 16-year career.
Some British Hindus have taken to social media to voice their objections over a lack of proper consultation ahead of a Diwali reception hosted by Prime Minister Keir Stramer at 10 Downing Street in London, where reportedly non-vegetarian snacks and alcohol were included on the menu.
The revised budget for 2024-25 shows a sharp rise in the allocations, particularly for major irrigation projects and the Namami Gange Mission-II.
The wolves had been behind several attacks on villagers in Bahraich. The Uttar Pradesh Forest Department is taking the wolf to a rescue shelter.
Sir Keir Starmer, leader of Britain's Labour party, will be Britain's next prime minister.
According to intelligence reports, the terrorists entered the Akhnoor region through the Battal area, and a wireless set seized from them confirmed their association with the JeM.
Over 100 writers, translators, and publishers have signed an open letter accusing the "JCB Prize for Literature" of hypocrisy, highlighting the British bulldozer manufacturer's role in demolitions across India and Palestine. They argue that the JCB's involvement in these projects contradicts its purported support for marginalized and diverse writers. The letter was released ahead of the announcement of the JCB Prize for Literature winners on November 23.
Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.
India's assistant coach also Ryan ten Doeschate also lauded Starc for his excellent display with the pink ball.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.
India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.
Prime Minister Keir Starmer's office on Friday apologised for a 'mistake' in the organisation of its Diwali reception at 10 Downing Street after some British Hindus objected to non-vegetarian food and alcohol being served at the gathering.
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.
Indian Olympic Association president PT Usha feels the axing of medal-yielding sports such as wrestling, hockey and badminton from the 2026 Glasgow Commonwealth Games programme is "disappointing" for the country but the approach to reduce cost would ensure that the event continues to find hosts in future.
The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.
'He is the only president, the only American politician, who had the guts to stand with Hindus.'
Waack Girls, that captures the moods of Kolkata, follows an oft-used template. So there's not much novelty to look for in the plot, but the actors are excellent, applauds Deepa Gahlot.
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
One of the reasons why bowlers are rarely considered captains is because they are more susceptible to injuries than batters, argues Vishal Menon.
The attack, which claimed the lives of seven individuals, including a local doctor and two labourers from Bihar, has raised concerns about the unreported trend of local youths joining terrorist groups in Kashmir during this period.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
Images that should keep you grinning for days on end.
Indian Americans are likely to vote in the United States presidential elections based on what the candidates have done for them and not on the basis of their heritage or race, a newly formed body representing Asian communities has said, claiming that Republican candidate Donald Trump has a better track record than his Democratic rival, Vice President Kamala Harris.
Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
