News for 'oriente'

Low risk appetite only sees hunger for hybrids growing

Low risk appetite only sees hunger for hybrids growing

Rediff.com14 Aug 2023

Fund houses are exploring ways to differentiate themselves in the hybrid space. A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its first launch since the introduction of mutual fund (MF) scheme categorisation norms in 2017. WhiteOak Capital MF has filed papers with the regulator for this scheme, which comes amid increasing interest in the hybrid space. MFs anticipate that hybrids will become the preferred category for investors with a lower risk appetite following changes in debt fund taxation.

Home Is Where We Can Begin To Be Kind

Home Is Where We Can Begin To Be Kind

Rediff.com1 Jun 2023

Parents, relatives, friends need to accept that things said in jest can deeply scar young minds and should therefore, be best avoided, notes Aarti David.

Modi's Cultural Push

Modi's Cultural Push

Rediff.com9 Oct 2023

With changes to Delhi's architectural map, a re-naming rash, and more Hindu symbolism in secular spaces, the government is making it clear it wants a clean break with post-colonial India, asserts T N Ninan.

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

Accelerate 'action oriented' measures in Arunachal: BJP to home ministry

Accelerate 'action oriented' measures in Arunachal: BJP to home ministry

Rediff.com23 Jun 2014

The Bharatiya Janata Party in Arunachal Pradesh has urged the union home affairs ministry to pay special attention and expedite 'action-oriented' measures to build defence infrastructure in the state.

'I earn Rs 2 lakhs per month but can't save. Please help'

'I earn Rs 2 lakhs per month but can't save. Please help'

Rediff.com21 Nov 2023

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.

Anurag Thakur tells info officers to take govt's work to poor

Anurag Thakur tells info officers to take govt's work to poor

Rediff.com17 May 2023

Information and Broadcasting Minister Anurag Thakur, addressing over 100 communication officers of the government, stressed on the importance of reaching out to all sections of the society, particularly the underprivileged.

Historic India Club in London announces closure after losing legal battle

Historic India Club in London announces closure after losing legal battle

Rediff.com22 Aug 2023

Proprietors Yadgar Marker and his daughter Phiroza launched a "Save India Club" appeal as they fought to keep it going but have now announced its impending closure.

10 Youth Shows You Must Watch On OTT

10 Youth Shows You Must Watch On OTT

Rediff.com5 Dec 2023

As the Indian version of The Archies gets ready to hit OTT, Deepa Gahlot picks 10 interesting college-and-youth-oriented shows on OTT.

Kerala priests oppose papal edict on uniform holy mass

Kerala priests oppose papal edict on uniform holy mass

Rediff.com18 Aug 2023

Over 300 priests of the Ernakulam-Angamaly archdiocese of the Syro-Malabar Church on Friday said they cannot accept the warning issued by the papal representative to celebrate Holy Mass in a uniform manner as prescribed by the synod or face consequences -- as it goes against their conscience.

What Kovind said in 2018 on 'one-nation, one-election'

What Kovind said in 2018 on 'one-nation, one-election'

Rediff.com1 Sep 2023

"Frequent elections not only impose a huge burden on human resources but also impede the development process due to the promulgation of the model code of conduct. Therefore, a sustained debate is required on the subject of simultaneous elections and all political parties need to arrive at a consensus on this issue," he had said.

SC Collegium again backs elevating gay lawyer Kirpal as HC judge

SC Collegium again backs elevating gay lawyer Kirpal as HC judge

Rediff.com19 Jan 2023

The three-member Collegium, headed by Chief Justice of India D Y Chandrachud and also comprising Justices S K Kaul and K M Joseph, said the proposal for appointment of Kirpal as a judge of the high court has been pending for over five years and needs to be processed expeditiously.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

Collective success of every Indian, says Congress with nod to its govts role

Collective success of every Indian, says Congress with nod to its govts role

Rediff.com23 Aug 2023

After Chandrayaan-3 touched down on the Moon, the Congress on Wednesday said it is a collective success of every Indian and ISRO's achievement reflects a saga of continuity and is truly fantastic.

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Confident of meeting fiscal deficit, nominal GDP targets: DEA secy

Rediff.com4 Sep 2023

The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.

'Preparation, process': The secret to Bumrah's success!

'Preparation, process': The secret to Bumrah's success!

Rediff.com12 Oct 2023

Jasprit Bumrah said he had learnt not to measure success with the number of wickets he has picked.

Oriental Bank Q3 net of Rs 121.57 cr

Oriental Bank Q3 net of Rs 121.57 cr

Rediff.com24 Jan 2003

Oriental Bank of Commerce has posted a net profit of Rs 1215.70 million for the quarter ended December 31, 2002 as compared to Rs 857.40 million in the quarter ended December 31, 2001.

Settle border issues for 'legal ties': China to Bhutan

Settle border issues for 'legal ties': China to Bhutan

Rediff.com24 Oct 2023

Bhutan firmly abides by the one-China principle meaning Taiwan and Tibet are part of China and stands ready to work with China for an early settlement of the boundary issue and advance the political process of establishing diplomatic relations, it said.

Dutch PM says G20 declaration was a compromise

Dutch PM says G20 declaration was a compromise

Rediff.com11 Sep 2023

Prime Minister of the Netherlands Mark Rutte on Monday said the G20 New Delhi declaration was clearly a compromise, which is always the case with such a multilateral forum, but he was happy with the fact that there were some key elements in it, and that India was able to broker it.

Will Chandrayaan's lander, rover wake up with Moon's Sunrise?

Will Chandrayaan's lander, rover wake up with Moon's Sunrise?

Rediff.com21 Sep 2023

So, if ISRO is able to revive them as the Sun rises on the Moon again, information that is derived from experiments that could once again be conducted by the Chandrayaan-3 payloads would be a "bonus".

What Can INDIA Offer Bharat In 2024?

What Can INDIA Offer Bharat In 2024?

Rediff.com6 Sep 2023

The real risk is that the core assumption -- that the votes for a candidate sponsored by an alliance will at least equal the sum total of its parts -- proves to be facile, observes T N Ninan.

Should YOU Invest In Retirement Funds?

Should YOU Invest In Retirement Funds?

Rediff.com21 Apr 2023

You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose

How PM Modi Became Saint Modi

How PM Modi Became Saint Modi

Rediff.com27 Nov 2023

The transmogrification of Prime Minister Modi to Saint Modi began with the ground-breaking ceremony of the Ram temple in Ayodhya. By identifying himself with Lord Ram, Modi raised himself in popular imagination to a saintly person.

Rein in Annamalai or else...: AIADMK warns BJP leadership

Rein in Annamalai or else...: AIADMK warns BJP leadership

Rediff.com12 Jun 2023

The All India Anna Dravida Munnetra Kazhagam on Monday questioned Tamil Nadu Bharatiya Janata Party chief K Annamalai's intention to criticise the party despite being in the alliance, and said it will be forced to rethink its ties with the saffron party if Annamalai is not restrained.

Near-term demand worries to weigh on Hindalco stocks

Near-term demand worries to weigh on Hindalco stocks

Rediff.com20 Aug 2023

Hindalco's first quarter (Q1FY23) results indicate healthy domestic volumes for aluminium and copper, and lower cost of production. Subsidiary Novelis saw weak volume trends but it managed to push operating profit margins on a better mix and pricing hikes. The weak global outlook on aluminium is a cause for ongoing concern.

Inflow in equity mutual fund halves to Rs 3,240 crore in May on profit booking

Inflow in equity mutual fund halves to Rs 3,240 crore in May on profit booking

Rediff.com9 Jun 2023

Inflow in equity mutual funds halved to Rs 3,240 crore in May, declining for the second consecutive month, primarily due to profit booking by investors amid rising market. However, this was also the 27th consecutive month of inflow in the equity class, which was primarily driven by fund infusion in small-cap and mid-cap categories, data released by the Association of Mutual Funds in India (Amfi) showed on Friday. Overall, the 42-player mutual fund industry continues to see inflow and attracted Rs 57,420 crore, on contributions from debt-oriented schemes.

With BJP Joining In, Is 'Revdi Culture' here to stay?

With BJP Joining In, Is 'Revdi Culture' here to stay?

Rediff.com15 Nov 2023

Modi's BJP has promised more revdis or freebies for these assembly elections than ever before, points out N Sathiya Moorthy.

'I'm jobless, want to start my business'

'I'm jobless, want to start my business'

Rediff.com7 Sep 2023

rediffGURU Baqar Iftikar Naqvi, start-up mentor, founder and CEO of Upriver Ecommerce, offers advice on how to navigate the many challenges of entrepreneurship.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

Retired Army officers to train Assam police, AFSPA to go by December

Retired Army officers to train Assam police, AFSPA to go by December

Rediff.com22 May 2023

Retired army personnel will be appointed as additional superintendents of police to impart training to the police force in Assam, Chief Minister Himanta Biswa Sarma said in Dergaon on Monday.

Untimely rains dent summer sales; to keep durable stocks in check: Analysts

Untimely rains dent summer sales; to keep durable stocks in check: Analysts

Rediff.com13 Jul 2023

With sales of cooling products turning out dismal this summer due to unseasonal rains, the stocks of related companies are now off their March highs. Shares of fan and air conditioner makers such as Voltas, Symphony, Orient Electric, Johnson Controls-Hitachi Air Conditioning and Crompton Greaves are down 5-23 per cent since March when the summer season saw a firm onset. In comparison, the BSE Sensex index is up 10 per cent.

'India is only a 150-year-old name'

'India is only a 150-year-old name'

Rediff.com7 Nov 2023

'Bharat is a name that is 7000 years old.' 'We are not saying the name of the country should be changed from India to Bharat; we only recommended that the stress should be on Bharat.'

How Air India Got Funds To Buy Planes

How Air India Got Funds To Buy Planes

Rediff.com8 Jul 2023

'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'

DMK expels leader for remarks against Khushbu Sundar

DMK expels leader for remarks against Khushbu Sundar

Rediff.com18 Jun 2023

With Sundar raking up the issue on Twitter and later emotionally addressing a press conference, the ruling party announced that the platform speaker, Sivaji Krishnamurthy, was being dismissed from the party for indiscipline and bringing disrepute to it.

Why analysts remain selective on cement stocks

Why analysts remain selective on cement stocks

Rediff.com20 Jul 2023

Analysts remain selective on cement stocks amid the likely government's capex push ahead of the scheduled general elections in May 2024. While UBS has initiated coverage on the Indian cement sector with an anti-consensus negative view and suggests investors sell select cement stocks on a rally, those at Nomura remain selectively bullish on the sector and prefer companies with large brownfield optionality and multi-region presence. In the near-term, UBS expects strong earnings of cement companies in the next two quarters to be driven by robust demand and margin tailwinds, but suggests any sharp uptick in stock prices could offer a good opportunity for booking profits in the related counters.

California governor vetoes anti-caste discrimination bill

California governor vetoes anti-caste discrimination bill

Rediff.com8 Oct 2023

The governor's move has been welcomed by a large segment of the Indian-American community who were opposing the bill.

'Girls are curious about my sexual orientation'

'Girls are curious about my sexual orientation'

Rediff.com5 Dec 2014

India's first male ballet dancer began learning the dance form at the advanced age of 19. Eleven years later, his passion for ballet continues to shine brightly.

5 PSU insurers have Rs 347-cr exposure to Adani firms: FinMin

5 PSU insurers have Rs 347-cr exposure to Adani firms: FinMin

Rediff.com14 Feb 2023

Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in Adani group of companies, the finance ministry said on Monday. In a written reply to a question by Congress' Manish Tewari, Minister of State for Finance Bhagwat Karad said Life Insurance Corp (LIC) held Rs 35,917.31 crore in debt and equity of Adani group of companies as on December 31, 2022. This is 0.97 per cent of its total assets under management (AUM) of Rs 41.66 trillion.

Khurshid calls for action-oriented collaboration with USA

Khurshid calls for action-oriented collaboration with USA

Rediff.com25 Sep 2013

The creation of the High Level Political Forum was one of the key decisions of the Rio+20 Conference.

'Equities can deliver potentially superior returns'

'Equities can deliver potentially superior returns'

Rediff.com23 Feb 2023

'Investors should ideally consider equity allocations from a medium-to-long term perspective.'