'The only good thing that has come out of our current situation is that it has brought communities closer.' NRIs describe the impact coronavirus is having on their lives.
The mutual fund industry is certain that the Sensex, which plunged to below 16,000-level on Friday, has hit rock bottom and there is only one way the market would move from here, which is upward. The move to provide more disposable income in the hands of individuals is also good for the markets. The Asset Management Companies are of the opinion that the India growth story is definitely on as far as the medium-to-long-term future is concerned.
Theoretically, the currency with the public should expand in sync with the nominal income, which again moves in relation to the nominal growth rate of the economy. But the correlation breaks easily when other factors come into play, says Anup Roy.
The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
'If the epidemic is sharply contained in a month or two, we have a huge buying opportunity. 'If not, we are staring at a serious economic crisis, the contours of which we are totally unaware of,' warns Debashis Basu.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
In his second national broadcast in a week on the pandemic raging across much of the world with the number of infections rising in India, Modi made a fervent appeal to the countrymen not to cross the 'lakshman rekha' of their homes in the next three weeks.
Multi-cap funds are best suited to exploit the present market scenario as they are free to invest across all market capitalisations and sectors, says Naveen Kukreja, CEO and co-founder, Paisabazaar.com.
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
'India has many attractive features for the long-term investor; it combines: A low per capita income, a young population, and a heavier presence of high margin, asset-light firms in the technology sector.'
SBI was the biggest gainer in the Sensex pack, rallying up to 12 per cent, followed by Sun Pharma, HDFC, Tata Steel, Bajaj Finance, Maruti, ICICI Bank and Bharti Airtel.
Four people have died including one each in Delhi, Karnataka, Punjab and Maharashtra.
'Indian Railways will run 200 non-AC trains daily as per the time table from June 1 for which online booking will start soon,' Goyal said in a tweet. He also said that within the next two days Indian Railways will double the number of Shramik Special Trains to 400 per day.
... and I learn more about economic trends than from books, says Ajit Balakrishnan.
Stranger Things Season 4 is dedicatedly macabre and menacing, its deadly ambitions and volatile tempo keeps the mood edge-of-the-seat, applauds Sukanya Verma.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Tennis world number one Novak Djokovic pledged one million euros ($1.10 million) to help buy ventilators and other medical equipment in his native Serbia on Friday, joining a list of other athletes in the fight against coronavirus.
'She seems to have disappeared off the face of the planet after telling different people different things.'
The governor requested the political leaders to ask their supporters to maintain calm and not believe exaggerated and unfounded rumours being circulated all around.
The order led to panic in Kashmir which has remained tense for the past few days after the Centre ordered deployment of 100 companies of additional troops in the valley.
Facing accusations of delay in placing orders for vaccines, the government on Thursday defended its vaccine procurement policy saying it has been pursuing Pfizer, J&J and Moderna since mid-2020 for the earliest possible imports, and has even waived local trials for well-established foreign vaccine makers.
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
The markets will also keenly eye the HSBC manufacturing and services data.
Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.
'It is not about trusting the governor but the ground situation not matching with what he has said,' Jammu and Kashmir People's Movement chief Shah Faesal, who was one of the leaders to meet the governor tells Rediff.com's Prasanna D Zore.
Near the bottom of bear markets, broad buy signals are generated by several rules-of-thumb. Those check out positive. The first buy signal is that the earnings yield is higher than the yield from risk-free instruments.
Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
A Rediff.com journalist reveals what it's like to live in a building sealed by the authorities because one of the residents is COVID-19 positive.
What dos and don'ts should people in Maharashtra follow with the state government notifying The Epidemic Diseases Act, 1897 lockdown orders?
The first thing you should know in this situation is - don't panic!
When her surgeon-father tested positive for COVID-19, his daughter did not expect the troubles that followed.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Take calculated, not blind risks, suggests Ramalingam K.
First of all, do not PANIC and do something drastic. There are various ways to get out of the debt mess that you could be in.
'You cannot implement such a huge exercise, which is bound to cause misery to millions, without studying every aspect of its consequences, economic and social,' notes Sherna Gandhy.
Contrarian approach to investing works on the foundation of psychology of investors
'It is only fear and speculation, without much substance, that has led to the fall.'
'We are expecting lower levels in the week beginning March 1.'