Punjab cabinet minister Kuldeep Singh Dhaliwal was told he is left with only NRI Affairs portfolio as the administrative reforms department he was holding for the past nearly 21 months did not exist, according to a government notification.
Majority of equity fund managers were able to squeeze in some extra returns over their benchmarks in 2024-25 (FY25). While some managed to do so by delivering outsized returns during the equity market rally in the first half of the year (H1FY25), others succeeded by limiting the downside during the market downturn.
JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore ($2.1 billion).
Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.
Adani Group's portfolio companies posted their highest-ever pre-tax profit (EBITDA) of about Rs 90,000 crore in the fiscal year ended March 31 and had a cash balance to cover 21 months of debt servicing, the ports-to-energy conglomerate said on Thursday. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) has more than tripled in six years - from Rs 24,870 crore in 2018-19 to Rs 89,806 crore in 2024-25 (April 2024 to March 2025).
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi.
'...which is possible through flexicap and multicap funds.' 'The latter has a better balance between large, mid and smallcap stocks.'
Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.
'More than Eknath Shinde's wish, we want him (Shinde) to lead us in the government.'
A day after joining the Eknath Shinde-led Maharashtra government, Deputy Chief Minister Ajit Pawar and state minister Chhagan Bhujbal on Monday went to meet Deputy Chief Minister Devendra Fadnavis to discuss allocation of portfolios in the cabinet, sources said.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Investors should avoid making drastic changes to their asset allocation during a market correction.
Despite recent underperformance, MNC funds have delivered over longer time frames.
'While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.'
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
Only a limited set of investors should invest directly in corporate bonds.
Patel insisted that the meeting with Shah and other BJP leaders was a "courtesy call" as he and Ajit Pawar had not met them formally since joining the ruling alliance in Maharashtra.
'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'
Tata Motors (TaMo) is aiming to gain market share across its passenger vehicle (PV) and commercial vehicle (CV) businesses - targeting a 40 per cent share in CVs and a 16 per cent share in PVs by 2027. Meanwhile, it has already achieved earnings before interest, tax, depreciation, and amortisation (Ebitda) breakeven in its electric vehicle (EV) business at 1.2 per cent (up 830 basis points), ahead of its target of 2025-26 (FY26).
Conservative investors seeking equity-like tax benefits with low risk may go for them.
In a surprise development on July 2, the Sharad Pawar-led NCP split as his nephew Ajit Pawar and almost three dozen MLAs joined the ruling Shiv Sena-BJP alliance. Ajit Pawar and eight other NCP leaders were sworn in as ministers.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.
The Sena (UBT) chief and his MLA son Aaditya Thackeray on Tuesday met with Fadnavis and assembly speaker Rahul Narwekar at Vidhan Bhavan premises in Nagpur. Aaditya said they extended good wishes to the two and talked about taking a step towards showing political maturity and working together in the interest of the people.
Rio also appointed 24 MLAs as 'advisors' to various departments in his opposition less government.
Financial success isn't about making impulsive moves -- it's about making informed choices, asserts Ramalingam Kalirajan.
Momentum funds can be 10 to 15 per cent more volatile than the Nifty 50.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
'Begin with a small investment, observe performance, then scale up gradually.'
'When you have the best market at your doorstep, international diversification is a distraction.'
The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to expand their business.
Portfolios were distributed 2 weeks after the MVA govt was sworn-in. Shiv Sena's Eknath Shinde will be home minister while NCP's Jayant Patil will be finance minister.
'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'
'Gold could benefit from the resulting risk aversion, as happened last year.'
Co-investment under the portfolio management services (PMS) route accounted for less than 50 crore in assets and involved fewer than a dozen clients for much of 2022. Since then, assets under management have risen to 3,812 crore across 535 clients as of April 2025, according to the latest regulatory data. The recent changes may open the door to greater investment from sovereign wealth and pension funds, experts say.
The 28 new ministers who joined the Chouhan cabinet on July 2 include 20 of cabinet rank and eight ministers of state.
Karnataka Deputy Chief Minister D K Shivakumar met senior Congress leader Priyanka Gandhi Vadra, fueling speculation about a leadership change in the state. The meeting occurs amid reports of Shivakumar pressing for the chief minister's post.
