'Adventure travel, cultural tours, and wellness retreats are in high demand.'
The majority of active largecap funds are set to outperform for the second year in a row in 2024, thanks to the strong performance of their midcap and smallcap allocations.
Led by Josh Hazlewood, RCB produced a dominant bowling performance to crush Chennai Super Kings by 50 runs.
India's manufacturing sector growth fell to a 12-month low in December, as new business orders and production expanded at softer rates, a monthly survey said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index was at 56.4 in December, down from 56.5 in November, indicating a weaker improvement in operating conditions.
Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.
Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers' radar after a hiatus. Over the past 18 months, stock prices for companies in the software space have either corrected or remained subdued. Fund houses have launched five IT-based sectoral funds in the past three months, with three of them taking the passive route.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Tilak Verma, who has two T20I hundreds for India and is one of the pillars of the core MI set-up, had scored just 25 off 23 balls, inclusive of two boundaries, when Mitchell Santner, with a career IPL strike-rate of 106, was sent in.
India's services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
'We also realised that locking customers to our Cloud was not fair to them.'
Power Grid Corporation of India's (PWGR's) Q3FY25 revenue declined 3 per cent year-on-year (Y-o-Y) to Rs 11,200 crore, with operating profit falling 7 per cent Y-o-Y to Rs 9,500 crore and margin contracting to 85 per cent from 91 per cent Y-o-Y. Other income surged 89 per cent Y-o-Y to Rs 500 crore, but regulatory income dropped 62 per cent Y-o-Y to Rs 42.5 crore.
A 55-year-old man, who was among the several persons injured in the Brihanmumbai Electric Supply and Transport (BEST) bus accident in Kurla area of Mumbai, died on Monday morning, taking the death toll to eight, a civic official said.
Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
The Congress party suffered a crushing defeat in the Delhi elections, failing to secure a single seat in the 70-member assembly for the third consecutive time. Key candidates, including Sheila Dikshit's son, Sandeep Dikshit, lost their deposits. The only consolation for the party was a slight improvement in its vote share, which they attribute to a vigorous campaign and a renewed focus on contesting elections independently. However, the defeat raises questions about the party's ability to compete in the upcoming 2024 Lok Sabha elections, particularly in light of its performance in other recent state elections.
In India's last ODI series against Sri Lanka, Rahul kept wickets in the first two matches, scoring 31 and 0, while Pant played the third game but managed only 6 runs. India could opt to include both players in the XI, but that would likely come at the expense of Iyer.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
'It's unfair to disrupt the balance of the team just to accommodate a big-name player who is out of form.'
A resilient 72-run unbroken partnership for the eighth wicket between Jaymeet Patel and Siddharth Desai, following a commanding 148 from opener Priyank Panchal, kept Gujarat on the brink of a third Ranji Trophy final as they finished day four at 429/7 in response to Kerala's 457.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
How do you stay calm, relaxed and focus on the important things that matter in the countdown to your special day? Get expert advice from rediffGURUS.
SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.
Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
Markram, who had scored a century at the same venue against the same opposition two years ago, ensured the Orange Army, who turned up in large numbers, did not go home disappointed.
'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?
There's clearly no limit to how dramatic a wedding can be.
Amid mounting inflationary pressures, escalating material costs, and rising operational expenses, luxury carmakers Mercedes-Benz India and BMW India have announced price increases of up to 3 per cent on their entire model ranges effective from January 1, 2025. Mercedes-Benz India will revise ex-showroom prices by Rs 2 lakh to Rs 9 lakh, depending on the model. This adjustment will impact vehicles such as the GLC SUV and the high-end Mercedes-Maybach S 680 limousine.
The rhythmic sound of the oars hitting the water and the sight of countless pilgrims chanting along the riverbanks created an unforgettable atmosphere, says Varalaxmi Sompuri.
'The only concern they might have is around Jasprit Bumrah's fitness and what that does to the bowling attack... that's where the main challenge lies for India.'
New rules, new captains, but same excitement as two months of cricket extravaganza kicks off in Kolkata.
Rishabh Pant will be entering a new phase of his Indian Premier League (IPL)career when he takes over as the captain of Lucknow Super Giants in IPL 2025.
Abuse of power, financial misconduct, and the never-ending turf wars are now coming to light as Boxing Federation of India's officials jostle to escape blame for the shocking turn of events.
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.
Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.
'You have to separate the concept of India as a nation State which is very young and the Upanishadic wisdom which is timeless.'
Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by s decline in revenue from its passenger and commercial vehicles divisions. The company had posted a consolidated net profit of Rs 7,145 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.
Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.
