Two weeks ago, New Delhi asked Ottawa to downsize its diplomatic presence in India.
Two equity funds at the opposite ends of the risk matrix - small-cap and arbitrage - bucked the 'low inflow' trend in May this calendar year 2023 (CY23) to receive the highest net inflows in recent years. The Rs 3,280-crore net inflows into small-cap schemes in May was the highest for the category since the mutual fund (MF) industry started releasing fund-wise inflow data in April 2019. Arbitrage schemes raked in a net Rs 6,640 crore - the highest since July 2021.
Pakistan is looking forward to a sustained and result-oriented engagement with India on the basis of "sovereign equality and mutual respect", Pakistan Foreign Minister Shah Mahmood Qureshi said on Wednesday.
He died in his sleep in the Dominican Republic, where he was shooting the film Dangerous Waters.
Pakistan said on Thursday it will adopt a "positive and constructive" approach to its upcoming talks with India with a view to resolving all outstanding issues, including the Kashmir problem, on the basis of sovereign equality and mutual respect.
Self-proclaimed godman and fugitive Nithyananda's 'United States of Kailasa' has signed a 'cultural partnership' with over 30 American cities, a media report has said, days after the city of Newark in the United States state of New Jersey said it rescinded a 'sister-city' agreement with the fictional country.
EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.
India's recent move to remove additional 'retaliatory' duty on eight products from the United States (US), including apples and walnuts, would not have any negative impact on the domestic producers, the government clarified, even as the issue threatened to snowball into a political slugfest between the ruling and Opposition parties. The move would, in fact, result in competition in the premium market segment, ensuring better quality at better prices for consumers, especially for apples, a senior government official said. "There were certain concerns that were being raised on the mutually agreed solution that has come in, more specific to seven-eight agriculture products where we had levied additional import duties in retaliation to the steel and aluminum measures (imposed by the US)," Peeyush Kumar, additional secretary in the commerce department, told reporters in a briefing.
First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.
Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) -- to Rs 25,400 crore -- in April as investors applied brakes on lump sum investments amid a sharp upwards movement in the market. Gross inflows for March stood at Rs 38,641 crore. The sharp decline pulled the net inflows to a five-month low of Rs 6,480 crore, shows data released by the Association of Mutual Funds in India (Amfi).
According to experts, one of the primary causes of toxic behaviour is a lack of adulting in men and women.
Bond markets, global as well as domestic, are likely headed towards hard times over the next three to six months, as higher vegetable prices, rising fuel costs, and improved wages may keep inflation hot, believe analysts, who expect the yields to hit 7.5 per cent in the near-term from the current 7.234 per cent. In this backdrop, they suggest investors can put in money in funds/instruments with residual maturity of 4 to 6 years, while longer-term investors can allocate cautiously to the longer end in the range beyond 7 years.
Gilani's remarks, made in the course of a televised address to the nation last night, came against the backdrop of a suo moto case initiated by the Supreme Court following media reports that the government was planning to sack some members of the superior judiciary.
Wang arrived in Delhi on Thursday evening in the highest-level visit between the two countries after the ties came under severe strain following the military standoff in eastern Ladakh that began nearly two years ago.
The CJI said people are the ultimate lords in democracy and whatever decision has been taken by the dispensation should benefit them.
China has not yet come out with an official reaction to Biden and Kamala Harris' victory in the November 3 presidential election even though official media here are carrying out commentaries on their election.
In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.
Prime Minister Modi and President Xi held the conversation on Wednesday on the sidelines of the BRICS (Brazil, Russia, India, China, South Africa) summit in Johannesburg.
'Some of the learning may be implemented in the Budget'
The Sports Ministry-IOA row over the tenure limit guidelines has been settled and both have agreed to "work together with mutual respect and understanding", the International Olympic Committee said in a statement.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.
Tibetan spiritual leader, the Dalai Lama, on Monday said that the Indian government should shun force to deal with the Maoists. Talking to mediapersons in Bhubaneswar, he said: "Indian government should shun force to deal with the Maoists. We must find solution to problems through dialogue and mutual respect...through the non-violent way."
The 'Pesta Demokrasi' is a cause for celebration not only for Indonesia but also for democracy and forces for peace all over the globe, notes Sandeep Chakravorty, India's Ambassador to Indonesia.
Calling for closer military ties between India and China, Defence Minister A K Antony on Saturday said that it would be easy to maintain peace along the borders if both the forces have trust, mutual respect and confidence.
Riding the wave of the equity market, the mutual fund (MF) industry experienced double-digit growth in Samvat 2079, concluding the Hindu calendar year close to the Rs 50 trillion assets under management milestone. After a subdued 6 per cent growth in Samvat 2078, the industry's assets surged over 18 per cent last year to Rs 46.7 trillion. Industry players anticipate that Samvat 2080 will also be a fruitful year for the asset management industry, given the strong inflows from retail investors, particularly through the systematic investment plan route.
As many as 31 mainboard IPOs raised a cumulative Rs 26,272 crore in this period, according to Prime Database. During the April-September 2007 bull run, 48 IPOs totalling Rs 21,243 crore were launched. The number of deals in H1FY24 was 2.2 times that of the same period of the last fiscal year, but the amount raised was 26 per cent lower.
Nepal recently released the revised political and administrative map of the country laying claim over the strategically key areas of Lipulekh, Kalapani and Limpiyadhura.
'Democracy is India's greatest strength.'
Analysts assert that Vedanta Group's plan to demerge India-listed Vedanta Limited into six listed entities will not resolve the debt problem of its promoter entity, Vedanta Resources (VRL). They suggest that additional asset sales or stake sales by promoters will be necessary to repay the debt. Vedanta is already considering the divestment of its iron-steel division and its copper plant.
In his first full presidential interview to a television channel in the Middle East, Obama attempted to present a humble and conciliatory face of the US to the Muslim world, where there is much resentment and animosity against America. Expressing his determination to resolve the Israel-Palestine conflict, Obama said it is time for the US to listen and not dictate things.
Pilot said he has worked hard for bringing the Congress to power in Rajasthan and hoped the party would fulfil its promises made to the people.
The development comes a day after the world body de-listed the Archery Association of India for violating the constitution by unanimously electing two parallel bodies in Chandigarh and New Delhi.
According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'I deserve being around cute boys and girls. I am going to wear cute clothes and have fun.'
rediffGURU Hemant Bokil answers your personal finance queries
Days after JP Morgan announced the inclusion of government bonds in its emerging market (EM) bond index, a host of banks and other financial institutions (FIs) are set to tap the debt market. They plan to raise Rs 18,000 crore by issuing non-convertible debentures (NCDs) and bonds. National Bank for Agriculture and Rural Development (Nabard) plans to raise up to Rs 3,000 crore via five-year social impact bonds on Tuesday, the first of its kind in India.
Following the Chinese president's comments on Kashmir, India in a quick response asserted that it is not for other countries to comment on "internal affairs of India".
Ahmadinejad said he is willing to talk with the Europeans and the Americans. "We have announced as much, that we are going to negotiate. But again, based on justice and mutual respect. Well, after everything is said and done--well, planning needs to be made, and some timetables need to be set. We believe in talking, in negotiating, based on sincerity and respect and justice," he said in his interview through a translator.
