News for 'debt'

Do You Know About Debt Fund Growth?

Do You Know About Debt Fund Growth?

Rediff.com9 May 2023

A growth scheme not only leads to lower tax payments than the dividend option. but also allows any income that is not withdrawn to compound, explains Harsh Roongta.

Farmers to defy prohibitory orders, march to Delhi

Farmers to defy prohibitory orders, march to Delhi

Rediff.com6 Dec 2024

A 'jatha' of 101 farmers will embark on a foot march to Delhi at 1 pm on Friday from the Shambhu border protest site, farmer leader Sarwan Singh Pandher said on Thursday.

'B' in BJP stands for...: Kharge, Cong CMs slam Modi

'B' in BJP stands for...: Kharge, Cong CMs slam Modi

Rediff.com2 Nov 2024

Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.

Overburdened by debt? This company may be of help

Overburdened by debt? This company may be of help

Rediff.com27 Oct 2022

'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

Rediff.com18 Sep 2024

The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget 2024. The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months. FoFs typically deploy the pooled capital in one or multiple MF schemes rather than investing directly into equities, debt or commodities.

Trump 47: Disruptor Or Savvy Dealmaker?

Trump 47: Disruptor Or Savvy Dealmaker?

Rediff.com21 Jan 2025

Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.

Farmers marching to Delhi tear-gassed; Haryana suspends internet

Farmers marching to Delhi tear-gassed; Haryana suspends internet

Rediff.com6 Dec 2024

A 'jatha' of 101 farmers Friday began its foot march to Delhi from their protest site at Shambhu border, but was stopped a few metres away by a multilayered barricading.

Here's How To Get Out Of Debt

Here's How To Get Out Of Debt

Rediff.com6 Dec 2021

If your total EMI payments exceed 35-40 per cent of your monthly income, use these strategies to avoid a Squid Game like debt trap, suggests Bindisha Sarang.

Adani group to prepay $130 million debt to boost investor confidence

Adani group to prepay $130 million debt to boost investor confidence

Rediff.com9 May 2023

Billionaire Gautam Adani's group on Tuesday said it will prepay $130 million of debt as it looks to boost investor confidence post being targeted by a US short-seller. Adani Ports and Special Economic Zone, the ports company of the Adani Group, had last month floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four as it looked to regain investor confidence by showing that its liquidity position is comfortable. In a stock exchange filing, APSEZ said an aggregae principal amount of $412.7 million was validly tendered.

RIL's Q2 net falls 5% on weak O2C business

RIL's Q2 net falls 5% on weak O2C business

Rediff.com14 Oct 2024

Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.

Should you invest in gold? Read here to find out

Should you invest in gold? Read here to find out

Rediff.com4 Dec 2024

Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.

Lots Of OTT Goodies To Watch, Guys!

Lots Of OTT Goodies To Watch, Guys!

Rediff.com13 Dec 2024

Literary adaptations, whistleblower pursuits, kidnapped Santas and South India's biggest stars, Sukanya Verma lists them all on OTT this week.

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Rediff.com8 Dec 2024

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.

Fasting farmer leader advised hospitalisation

Fasting farmer leader advised hospitalisation

Rediff.com16 Dec 2024

Jagjit Singh Dallewal, a 70-year-old Punjab farmer leader, is on his 21st day of a hunger strike demanding the Indian government address farmers' concerns, including a legal guarantee of MSP on crops. His health has deteriorated, and doctors have recommended immediate hospitalization. However, Dallewal, a cancer patient, has refused medical treatment.

Tough Road Ahead For NC, Congress

Tough Road Ahead For NC, Congress

Rediff.com9 Oct 2024

The road ahead will require navigating complex financial challenges while fostering job creation and sustainable development in the region.

Equity rally fuels fastest quarterly growth in MF assets in five years

Equity rally fuels fastest quarterly growth in MF assets in five years

Rediff.com8 Oct 2024

Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period - the highest quarterly jump in MF assets in at least five years. During the April-June period, the average assets under management (AUM) stood at Rs 59 trillion. The sharp rise in AUM, according to experts, is driven by a robust equity market rally and record inflows into equity schemes.

STCG, LTCG, MFs: What You Must Know

STCG, LTCG, MFs: What You Must Know

Rediff.com30 Jul 2024

Investors should view the increase in the LTCG tax rate in conjunction with the increase in capital gains exemption from Rs 1 lakh to Rs 1.25 lakh, which will provide some relief.

Maruti Suzuki Q2 net profit dips 18%; revenue at Rs 37,449 cr

Maruti Suzuki Q2 net profit dips 18%; revenue at Rs 37,449 cr

Rediff.com29 Oct 2024

Maruti Suzuki India on Tuesday reported an 18 per cent year-on-year dip in consolidated net profit at Rs 3,102 crore for the second quarter ended September hit by the withdrawal of indexation benefit and change in the tax rate on long term capital gains on debt mutual funds. The country's largest carmaker had posted a net profit of Rs 3,786 crore in the July-September quarter of last fiscal.

NBFCs throng bond mkt to fund festival credit demand

NBFCs throng bond mkt to fund festival credit demand

Rediff.com18 Sep 2024

A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

JP Morgan's inclusion of India to emerging market debt index may boost G-secs

Rediff.com24 Oct 2023

India's inclusion in JP Morgan's bond index can channel billions of dollars into India. How will the government securities market handle it?

Robust equity inflows to keep earnings growth strong for AMCs

Robust equity inflows to keep earnings growth strong for AMCs

Rediff.com24 Sep 2024

The mutual fund industry's QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24. Sequentially, AUM grew by Rs 5 trillion.

Heavy security arrangements in place ahead of farmers' Delhi march

Heavy security arrangements in place ahead of farmers' Delhi march

Rediff.com5 Dec 2024

A group of 101 farmers will march to Delhi on Friday from the Shambhu border protest site, farmer leader Sarwan Singh Pandher has said. The march will begin at 1 p.m. and the group will face heavy police and security presence. The farmers are demanding a legal guarantee for minimum support price of crops, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases and "justice" for the victims of the 2021 Lakhimpur Kheri violence. The farmers have been camping at the Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces.

FPI flows stumble on trail, edge closer to precipice

FPI flows stumble on trail, edge closer to precipice

Rediff.com18 Nov 2024

After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.

Lucky Baskhar Review: Enjoyable Scam Saga

Lucky Baskhar Review: Enjoyable Scam Saga

Rediff.com1 Nov 2024

After Sita Raman, this is a Dulquer Salmaan film that has won Divya Nair's heart.

Why I Worry About Savings, Investment

Why I Worry About Savings, Investment

Rediff.com23 Dec 2024

Whether nominal or real, India's investment rate needs to increase by 3 to 4 percentage points of GDP to support 8 per cent real growth, recommends Nikhil Gupta.

FPI inflows hit 9-month high; surpasses Rs 1 lakh cr

FPI inflows hit 9-month high; surpasses Rs 1 lakh cr

Rediff.com29 Sep 2024

Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve. With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed. Going ahead, FPI inflows are likely to remain robust, driven by global interest rate easing and India's strong fundamentals.

Fitch retains India rating with stable outlook on strong growth, fiscal credibility

Fitch retains India rating with stable outlook on strong growth, fiscal credibility

Rediff.com29 Aug 2024

Global rating agency Fitch on Thursday affirmed India's 'BBB-' rating with a stable outlook on strong growth outlook and fiscal credibility. Fitch said India is set to remain among the fastest-growing sovereigns globally with GDP growth of 7.2 per cent in the current fiscal year and 6.5 per cent in FY26, down from 8.2 per cent in FY24. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.

How Dr Manmohan Singh became India's 'reforms' man

How Dr Manmohan Singh became India's 'reforms' man

Rediff.com27 Dec 2024

He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Rediff.com20 Dec 2024

Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday's intra-day trade after a sharp correction in the equity markets.

SC orders medical aid for fasting farmer leader

SC orders medical aid for fasting farmer leader

Rediff.com13 Dec 2024

The Supreme Court on Friday ordered immediate medical aid for farmer leader Jagjit Singh Dallewal, who is on an indefinite fast at the Punjab-Haryana border. The court also urged farmers to adopt the Gandhian way of protesting and to ensure that Dallewal's life is saved. The court has formed a high-powered committee to make recommendations to the stakeholders regarding the farmers' grievances.

Farmers won't resume march, to decide next course of action on Tuesday

Farmers won't resume march, to decide next course of action on Tuesday

Rediff.com9 Dec 2024

Punjab farmer leader Sarwan Singh Pandher said no 'jatha' (group) of farmers will resume their foot march to Delhi on Tuesday. The farmers suspended their march after some were injured in teargas shelling by Haryana security personnel. Pandher accused the Centre of being confused on how the protesters should proceed to the national capital, citing contradictory statements from different ministers. He also criticized the government's lack of response to the hunger strike of farmer leader Jagjit Singh Dallewal, which has entered its 14th day.

How To Invest In Quality Stocks

How To Invest In Quality Stocks

Rediff.com23 Oct 2024

'Allocate up to 20 per cent of your core equity portfolio to quality funds.'

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

Rediff.com15 Sep 2024

US lenders represented by Glas Trust have countered Byju's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion Term Loan B along with interest. The founder of Think and Learn (TLPL) and owner of Byju's brand, Byju Raveendran, had about a week ago said that verified debt on the company is only Rs 20 crore as per insolvency proceedings and he may not have to pay any money to the US lenders represented by Glas Trust.

How Your Income, Investments Are Taxed

How Your Income, Investments Are Taxed

Rediff.com28 Nov 2024

Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan

India's GDP expected to grow at 6.5% in Q2 FY25

India's GDP expected to grow at 6.5% in Q2 FY25

Rediff.com6 Nov 2024

Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.

Noel Tata To Debut At Tata Sons Board Meeting Today

Noel Tata To Debut At Tata Sons Board Meeting Today

Rediff.com21 Nov 2024

Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda

'Because he never read it': Rahul's retort to Modi on Constitution

'Because he never read it': Rahul's retort to Modi on Constitution

Rediff.com15 Nov 2024

Congress leader Rahul Gandhi on Thursday said Prime Minister Narendra Modi thinks that the Constitution of India is 'blank' because he has never read it.

Post-Covid boom in profits yet to show in India Inc capex

Post-Covid boom in profits yet to show in India Inc capex

Rediff.com17 Sep 2024

The last four years, the best for corporate profits in a long time, have not been as impressive for corporate capital expenditure. The combined net profits of India's top listed companies excluding banks, financial services, and insurance (BFSI) increased at a compound annual growth rate (CAGR) of 32.4 per cent since FY20, a sharp jump from the 7.4 per cent in corporate earnings between FY14 and FY19.