The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.
US President Donald Trump cut short discussions with Ukrainian President Volodymyr Zelenskyy on Friday after he and Vice President JD Vance confronted Ukraine's leader in a tense Oval Office exchange.
The country's forex reserves dropped by a further $8.48 billion to $644.39 billion for the week ended December 20, the RBI said on Friday. In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.87 billion.
Images from Saturday's action in the Premier League.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
The chartered flight, operated by a private firm, carrying Rishiraj Sawant (32) and his two friends returned to Pune airport between 8 pm and 8.30 pm on Monday, abruptly cutting short a trip to the Thailand capital which was not disclosed to the former minister, who is leader of the ruling Shiv Sena, and his family.
Parents of students were incensed over the abrupt closure of FIITJEE centres in Noida and Ghaziabad, demanding government intervention and refunds. FIITJEE founder D K Goyal and 11 others were booked after several of its centres in Delhi-NCR shut down abruptly, the Noida Police said. Parents reported paying lakhs of rupees in fees and expressed concerns about the future of their children's education. The police launched a probe in Delhi after allegations of fraudulent practices and mismanagement at the FIITJEE's East Delhi centre.
India's forex reserves dropped by $1.99 billion to $652.87 billion for the week ended December 13, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.235 billion to $654.857 billion.
US President Donald Trump and Ukrainian President Volodymyr Zelenskyy engaged in a heated exchange in the Oval Office, culminating in Zelenskyy's abrupt departure from the White House without signing a crucial minerals agreement. Trump accused Zelenskyy of risking millions of lives and gambling with World War III, while Zelenskyy responded by questioning the US's role in the war. The incident has strained US-Ukraine relations, with Trump questioning Zelenskyy's readiness for peace and Senator Lindsey Graham expressing doubts about future cooperation.
In a statement, the Chinese ministry of commerce said that it would file a lawsuit with the World Trade Organisation against the US for its "wrongful practice," the Global Times reported.
Vice President Jagdeep Dhankhar has questioned the Chief Justice of India's involvement in executive appointments, specifically citing the selection of the CBI director. He believes this practice undermines democratic principles and calls for revisiting the existing norms. Dhankhar also raised concerns about the "doctrine of basic structure", suggesting it has a debatable jurisprudential basis. He emphasized the importance of each institution operating within its constitutional boundaries and highlighted the need for coordinated autonomy. The vice president also discussed the need for a balanced approach to judicial review and the importance of judges focusing on judgments rather than other forms of expression. He stressed the need to revisit the current state of affairs to restore the judiciary's sublimity.
A third-year B-Tech student at Kalinga Institute of Industrial Technology (KIIT) in Bhubaneswar, India, died by suicide in her hostel. Police are investigating a possible case of blackmail by a male student, who is currently in custody. The incident sparked protests from Nepali students on campus, leading to heightened security measures and the temporary relocation of some students.
Aam Aadmi Party chief Arvind Kejriwal on Wednesday responded to the Election Commission notice over his claim the Haryana government was 'mixing poison' in Yamuna, and said raw water received from the Bharatiya Janata Party-ruled state in the recent past has been 'highly contaminated and extremely poisonous' for human health.
A man who was detained in Durg in Chhattisgarh as a suspect in the January 16 Saif Ali Khan attack case said on Sunday that his life is in complete disarray following police action, leaving him without a job, a snub from his prospective bride and family facing ignominy.
Reassure your child that whatever the situation, you are there for her/him, says rediffGURU Anu Krishna, while counselling concerned parents whose children are studying in colleges away from their home town.
68 per cent of employees have experienced undue pressure from management, often citing AI and technology as benchmarks for performance, leading to workplace tension.
The Supreme Court of India has dismissed a plea seeking directions to states to take immediate action against mob lynching and cow vigilantism, particularly against Muslims. The court stated that it was not feasible to "micro-manage" such incidents from Delhi and referred to its 2018 verdict, which issued guidelines to address mob violence and cow vigilantism. The court also noted that the new Bharatiya Nyaya Sanhita (BNS) criminalizes mob lynching as a separate offence. The plea argued that there was "gross non-compliance" with the 2018 directions, but the court maintained that authorities were bound by its previous rulings.
The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.
The editorial, titled "Ahimsa Award for the Executioner?", criticized Congress leader Shashi Tharoor for praising the entrepreneurial growth of Kerala under the Left government. It argued that it was "suicidal" to weaken the party from within when the Congress was actively opposing the shortcomings of the LDF government. The editorial also criticized Tharoor's positive remarks on Prime Minister Narendra Modi's recent US visit, calling it a mere gesture by two administrators to improve their image.
United States President Donald Trump for the fourth time in recent days claimed that the Biden administration allocated $21 million funding to India for 'voter turnout', evoking a sharp response from the Congress which urged Prime Minister Narendra Modi to 'talk to his friend' and strongly refute the allegation.
Manipur Chief Minister N Biren Singh resigned on Sunday, following months of ethnic violence in the state. BJP leaders have begun closed-door meetings to decide the next course of action. The opposition welcomed Singh's resignation, while the BJP hopes the move will help restore peace in the region.
Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.
IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, chief human resources officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure.
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.
Homegrown fast-moving consumer goods (FMCG) major Dabur India is set to record low single-digit growth in consolidated revenue in the December quarter, it said in an update on Friday. The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter.
The Indian government's announcement of 10,000 additional seats in medical colleges next year, part of a plan to add 75,000 seats over five years, has been welcomed by education experts and stakeholders. The move aims to address the shortage of medical professionals and reduce the outflow of Indian medical students to other countries. The budget also includes infrastructure expansion at five new IITs to accommodate 6,500 more students and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education.
Dr Ashish Mishra, consultant interventional cardiologist, Wockhardt Hospitals, explains how smoking and alcohol can impair your heart health and lead to cardiac arrest.
Amidst rumblings within the state Bharatiya Janata Party seeking a change of leadership in strife-torn Manipur, Chief Minister N Biren Singh on Sunday tendered his resignation to Governor Ajay Kumar Bhalla at the Raj Bhavan in Imphal.
'The present generation, either due to historical amnesia or political propaganda, has been fed a narrative that paints India as an adversary rather than an ally.'
Jailed journalist Mahesh Langa, already facing multiple charges, has been booked in a fresh case for allegedly extorting Rs 40 lakh from a real estate agent by threatening to malign his image and implicate him in a false case. This is the fifth FIR registered against him since his arrest in October 2023 for an alleged Goods and Services Tax (GST) scam. The latest case was registered based on a complaint by Janak Thakor, a real estate agent, who alleged that Langa threatened to write negative articles about him and trap him in a false case unless he paid the money. Langa has been in jail since his arrest in October and is facing charges in four previous cases registered by Ahmedabad, Gandhinagar, and Rajkot police.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
The Supreme Court of India has sought the Indian government's response to a petition filed by a Muslim woman seeking to be governed by the Indian succession law instead of Shariat. The woman, Safiya P.M., argues that she does not believe in Shariat and wants to be governed by secular law, including the Indian Succession Act of 1925. The court has asked the government to file a counter affidavit within four weeks.
A joint forum of Air India unions on Friday sought the labour department's 'urgent' intervention and initiation of conciliation proceedings in the matter of their passage policy and service conditions. On December 24, the forum comprising IPG, ACEU, AIEU and AICCA, in its demand notice to Air India managing director and chief executive officer Campbell Wilson, had protested against the changes in their service conditions. Tata Group took control of the then government-led Air India in January this year.
The Centre on Monday started selling tomatoes at a subsidised rate of Rs 65 per kg in the national capital to provide relief to the common man and check abnormal profits by intermediaries. Tomatoes are being sold at an average rate of Rs 90 per kg in the national capital.
The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions, aimed at easing the current liquidity tightness in the banking system, will begin on Friday, with a notified amount of Rs 50,000 crore.
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.