News for 'debt'

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

Why Banks' Liquidity Will Go Into Deficit Mode

Why Banks' Liquidity Will Go Into Deficit Mode

Rediff.com16 Sep 2024

The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

Rediff.com11 Aug 2022

The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the Supreme Court was told on Thursday by a PIL petitioner opposing irrational handouts.

Want to invest in a Debt Fund?

Want to invest in a Debt Fund?

Rediff.com14 Jun 2021

Compared to equity funds, debt funds are lower risk profile and are usually suitable for investors for very short term.

Why Mutual Fund Inflows Have Surged

Why Mutual Fund Inflows Have Surged

Rediff.com19 Sep 2024

Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.

Plan Your Wedding Expenses Early

Plan Your Wedding Expenses Early

Rediff.com2 Aug 2024

'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'

Godrej Properties on solid growth foundation amid strong pre-sales

Godrej Properties on solid growth foundation amid strong pre-sales

Rediff.com6 Jul 2024

Godrej Properties (GPL) reported strong pre-sales of Rs 22,500 crore in FY24, up 84 per cent year-on-year (Y-o-Y). The performance was led by new launches, which increased 65 per cent to Rs 23,000 crore in FY24, and contributed 70 per cent to total pre-sales. The sales volume increased 31 per cent Y-o-Y to 20 million square feet (msf), while realisation rose 40 per cent Y-o-Y, driven by contribution from high-realisation markets of National Capital Region (NCR) Delhi and Metropolitan Mumbai Region (MMR) and positioning in the premium segment.

Should You Invest In NBFC Bonds?

Should You Invest In NBFC Bonds?

Rediff.com23 Sep 2024

When evaluating bonds, returns shouldn't be the sole factor. Pay close attention to the bond's credit rating. It should ideally be AA or higher.

Debt-funded acquisitions can put pressure on Adani ratings: S&P

Debt-funded acquisitions can put pressure on Adani ratings: S&P

Rediff.com25 Aug 2022

Richest Indian Gautam Adani's group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings said on Thursday. Starting out as a commodities trader in 1988, the Adani group has diversified from mines, ports and power plants into airports, data centres and defence. It recently forayed into the cement sector with a $10.5 billion acquisition of Holcim's India units and is also looking to set up an aluminium factory. Most of this expansion has been funded by debt.

The Threats To India's Prosperity

The Threats To India's Prosperity

Rediff.com22 Jul 2024

Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.

India Working on 30,000 cr Maritime Development Fund

India Working on 30,000 cr Maritime Development Fund

Rediff.com26 Sep 2024

The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.

Emami has built itself through acquisition, but...

Emami has built itself through acquisition, but...

Rediff.com8 Oct 2024

Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.

Equity MFs Rake In Rs 38,239 Crore In August

Equity MFs Rake In Rs 38,239 Crore In August

Rediff.com11 Sep 2024

'The correction in the markets in the initial part of August provided investors a good buying opportunity.'

How To Become A Crorepati: 15x15x15

How To Become A Crorepati: 15x15x15

Rediff.com28 Aug 2024

Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how

Lokayukta police book Karnataka CM Siddaramaiah in MUDA case

Lokayukta police book Karnataka CM Siddaramaiah in MUDA case

Rediff.com28 Sep 2024

Congress president M Mallikarjun Kharge, meanwhile, came to Siddaramaiah's defence, stating that the party is standing with him and will support him.

S&P upgrades India's rating outlook to positive

S&P upgrades India's rating outlook to positive

Rediff.com29 May 2024

S&P Global Ratings on Wednesday upgraded India's sovereign rating outlook to positive from stable while retaining the rating at 'BBB-' on robust growth and improved quality of government expenditure. S&P said it could upgrade India's sovereign rating in the next 2 years if the country adopts a cautious fiscal and monetary policy that diminishes the government's elevated debt and interest burden while bolstering economic resilience.

Maldives resumes India-gifted Dornier, helicopters for evacuations

Maldives resumes India-gifted Dornier, helicopters for evacuations

Rediff.com27 Jul 2024

President Mohamed Muizzu, known for his pro-China stance, has thanked India for enabling the resumption of medical evacuation services with civilian aviation personnel from India.

Reliance not pursuing short-term profit, says Mukesh Ambani

Reliance not pursuing short-term profit, says Mukesh Ambani

Rediff.com29 Aug 2024

Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.

Markets Calm, MF Launches Accelerate

Markets Calm, MF Launches Accelerate

Rediff.com15 Jun 2024

'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'

'Expect formulations biz to outpace API biz'

'Expect formulations biz to outpace API biz'

Rediff.com2 Jun 2024

'API prices are dragging down margins and impacting our competitive ability.'

Taxes comprise 63% in govt coffer: Budget documents

Taxes comprise 63% in govt coffer: Budget documents

Rediff.com23 Jul 2024

For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents.

NCLAT judge recuses from hearing Byju Raveendran's plea

NCLAT judge recuses from hearing Byju Raveendran's plea

Rediff.com30 Jul 2024

Byju's Founder Byju Raveendran's plea against the Insolvency of Think & Learn before the NCLAT was adjourned on Monday as one of the members of the bench recused from the hearing. The matter will be placed before a bench headed by National Company Law Appellate Tribunal (NCLAT) Chairman Justice Ashok Bhushan, who will assign a different bench to hear the matter. Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think & Learn, which runs edtech company Byju's.

Banks turn cautious on lending to smaller microfinance players

Banks turn cautious on lending to smaller microfinance players

Rediff.com8 Jul 2024

Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher rates. Recently Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao slammed micro lenders for increasing their margins "disproportionately" and said these lenders were quick to pass on the increased cost to the borrowers but reluctant to pass on the benefits under the new regime, where margins are not capped.

Tata Motors' upsides may sputter on demand worries

Tata Motors' upsides may sputter on demand worries

Rediff.com20 May 2024

Notwithstanding robust volume growth and a strong performance from Jaguar Land Rover (JLR), Tata Motors, the country's second-largest automobile (auto) manufacturer by market capitalisation, disappointed the Street with its January-March quarter (Q4) results for 2023-24 (FY24). While consolidated revenues saw a 13 per cent increase, lower-than-expected realisations in the Indian operations weighed down overall performance.

Considering An Education Loan? Read This

Considering An Education Loan? Read This

Rediff.com10 Sep 2024

'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'

Tribunal approves Byju's settlement with BCCI

Tribunal approves Byju's settlement with BCCI

Rediff.com2 Aug 2024

In a major relief to Byju's, the NCLAT on Friday set aside insolvency proceedings against the troubled edtech major over a sponsorship deal and approved a Rs 158 crore settlement with the Board of Control for Cricket in India. The National Company Law Appellate Tribunal (NCLAT), however, passed the order with a caveat that any failure to make payments on the specific dates mentioned in the undertaking would automatically lead to a revival of the insolvency proceedings against Byju's.

World Bank ups India growth forecast to 7% for FY25

World Bank ups India growth forecast to 7% for FY25

Rediff.com3 Sep 2024

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.

'We Want Chinese Style Growth'

'We Want Chinese Style Growth'

Rediff.com1 Aug 2024

'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'

FPIs turn net sellers; pull out Rs 21,201 crore from equities

FPIs turn net sellers; pull out Rs 21,201 crore from equities

Rediff.com18 Aug 2024

Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed.

Kamala Harris vs Donald Trump debate is here but rules apply

Kamala Harris vs Donald Trump debate is here but rules apply

Rediff.com10 Sep 2024

Ahead of the US presidential elections this November, Vice President Kamala Harris and former President Donald Trump are set to face off in their first debate in Philadelphia, Pennsylvania, on Tuesday night ET.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

Hand over Sheikh Hasina to B'desh to face trial: BNP to India

Hand over Sheikh Hasina to B'desh to face trial: BNP to India

Rediff.com20 Aug 2024

Talking to reporters after placing a wreath at the grave of former president and BNP founder Zia-ur Rahman in the city, Fakhrul said India is seemingly not keeping its commitment towards democracy by providing shelter to her.

Vodafone Idea loss widens to Rs 7,675 cr in Q4

Vodafone Idea loss widens to Rs 7,675 cr in Q4

Rediff.com16 May 2024

Debt-ridden telecom operator Vodafone Idea on Thursday reported widening of losses to Rs 7,675 crore in the March quarter amid rise in interest and financing cost. The company had registered a loss of Rs 6,419 crore in the year-ago period. The consolidated revenue of operations remained almost flat about Rs 10,607 crore during the reported quarter.

FPIs take out Rs 22,000 crore from equities in May

FPIs take out Rs 22,000 crore from equities in May

Rediff.com26 May 2024

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

'Right Time To SIP Mid-Caps, Small-Caps?'

'Right Time To SIP Mid-Caps, Small-Caps?'

Rediff.com16 Aug 2024

rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries

What Are Money Market Funds?

What Are Money Market Funds?

Rediff.com15 Jul 2024

MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.

'For 5 cr corpus in 5 yrs you must...'

'For 5 cr corpus in 5 yrs you must...'

Rediff.com14 Aug 2024

Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.

Investing in IPOs? Read this

Investing in IPOs? Read this

Rediff.com18 Sep 2024

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

Why You Must Review Mid-Year Finances

Why You Must Review Mid-Year Finances

Rediff.com9 Jul 2024

'A mid-year review makes the end-of-year financial review manageable and less stressful.'