The 'Holi celebrations' event was organised by the Governor in the honour of the visiting dignitary and his delegation.
Mutual funds are better than Portfolio Management Schemes where costs crystallise only at the end of the investment period, says Shashank Khade.
Equity benchmarks nosedived on Friday, with the Sensex crashing 866.65 points to close below the 55,000-mark amid a sell-off in global markets. Unabated foreign fund outflows and firm crude oil prices also weighed on sentiment. The 30-share BSE Sensex dived 866.65 points or 1.56 per cent to finish at 54,835.58.
Investments in Indian capital market through participatory notes (P-notes) dropped to Rs 94,826 crore till November-end after hitting 43-month high in the preceding month. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was "nil". In June 2020, Mukesh D Ambani, chairman and managing director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
Investors have lost a hefty Rs 11,45,267.43 crore in two days as the domestic equity market continued to face severe drubbing amid a global selloff. The BSE benchmark Sensex plunged 1,189.73 points or 2.09 per cent to close at 55,822.01 on Monday. During the day, it tanked 1,879.06 points to 55,132.68.
Defence Minister Manohar Parrikar on Wednesday alleged that some former prime ministers had compromised the country's 'deep assets' on national security but refrained from naming them.
The regulator has asked portfolio managers not to leverage the portfolio of clients for investment in derivatives and not indulge in speculative transactions that are not accompanied by actual delivery, except for derivatives trades. This is done with the intention of reducing volatility in the market and curbing undue risks.
Dr Manmohan Singh is probably the most highly qualified Indian to serve as PM.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
Noting that goons were still threatening them and they were still scared though 'a little security has been provided', Rasmani Keshavdas, an eyewitness to the attack on ISKCON Radhakanta temple in Dhaka, has sought help from Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina.
From the 30-share pack, Indusind Bank, Axis Bank, Maruti Suzuki, Bajaj Finance, Bajaj Finserv, UltraTech Cement and Mahindra & Mahindra were the biggest drags, tumbling up to 7.63 per cent.
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
Rising for the fourth straight day, benchmark indices Sensex and Nifty settled marginally higher after a choppy session on Friday, tracking mixed global trends amid uncertainties on the geopolitical front. The BSE Sensex opened weak and declined 414.44 points to 55,049.95 in opening deals. But within minutes, it pared all its losses and jumped 369.56 points to 55,833.95. Facing volatility, the index finally settled at 55,550.30, higher by 85.91 points or 0.15 per cent.
Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions. The 30-share BSE benchmark Sensex zoomed 638.70 points or 1.22 per cent to close at 52,837.21. During the day, it gained 668.75 points to 52,867.26. Tracking the bullish trend, the market capitalisation of BSE-listed companies jumped Rs 2,93,054.25 crore to reach Rs 2,33,94,917.25 crore.
Prime Minister Narendra Modi has made it to the cover of the Time Magazine. A look at 5 other Indian PMs who have been featured in the past.
The Sensex and Nifty spiralled lower for the fourth session on the trot on Wednesday as investors remained on edge ahead of US inflation data, which will give clues on the Federal Reserve's policy tightening trajectory. Unabated selling by foreign institutional investors and a jump in crude prices also weighed on sentiment, traders said. Despite a firm start, the 30-share BSE Sensex failed to carry forward the momentum and ended at 54,088.39, lower by 276.46 points or 0.51 per cent. During the day, it tumbled 845.55 points to 53,519.30.
Strategic guru K Subrahmanyam, who passed into the ages recently, discusses the history of India's nuclear weapon programme in a fascinating interview.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Equity benchmarks began the week on a downbeat note on Monday, weighed by heavy selling in market heavyweight Reliance Industries and persisting weakness in global bourses. The rupee plunged to its lifetime low against the US dollar amid unabated foreign fund outflows, underscoring the risk-off sentiment prevailing globally as central banks embark on policy tightening to tame soaring inflation. Slipping for the second straight session, the 30-share BSE Sensex shed 364.91 points or 0.67 per cent to close at 54,470.67.
'2022 has not been -- and will not be -- the kind of 2021 bull market, which lifted all boats.'
Pakistan expressed hope on Tuesday night that the issue of an Indian woman diplomat being arrested on charges of spying for the Inter-Services-Intelligence would not overshadow the expected meeting between Prime Minister Manmohan Singh and his counterpart Yousuf Raza Gilani in Thimphu.
Justice PV Kunhikrishnan said the prime minister was elected to power by the people of the country and therefore, what was wrong with having his photograph on the vaccination certificate.
At a function to commemorate the 125th Foundation Day of the Congress, party president Sonia Gandhi paid glowing tributes to former premiers Pandit Jawaharlal Nehru, Lal Bahadur Shastri, Indira Gandhi and Rajiv Gandhi, but made no reference to P V Narasimha Rao, who was prime minister between 1991 and 1996.Gandhi sought to give credit to Rajiv Gandhi for the economic liberalisation in the Narsimha Rao regime when Manmohan Singh was the finance minister.
'There is a lot of interest from potential clients who have remained away from the markets in past years.' 'They are evaluating whether this is a good time to enter, especially since there are very few alternatives to earn meaningful returns.'
'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'
Since you are betting only on a few stocks, the risks are high.
The Indian Army on Wednesday showcased at the Republic Day parade the Centurion tank, PT-76 tank, 75/24 Pack howitzer and OT-62 TOPAZ armoured personnel carrier
Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.
The recent NSEL crisis has prompted even rich and diehard equity investors to shift to safer fixed income products.
The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.
A bench headed by Chief Justice D N Patel initially said that it would ask the Centre to consider as representation the PIL which seeks a declaration that all authorities, civil or military, shall act under the supervision of the Special Protection Group (SPG) in matters of security of the Prime Minister and his immediate family members.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Exodus of top managers an unintended side effect of roaring MF industry
In the backdrop of External Affairs Minister SM Krishna's visit to China, The two countries have signed an agreement on Wednesday to establish a hot line facility between the two prime ministers.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Prime Minister Manmohan Singh will be meeting his Pakistani counterpart Yousuf Raza Gilani on the sidelines of the SAARC Summit to be held in the Maldives next week.
Opt for foods low on salt, high in iron, protein and calcium.
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