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.
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.
Rio also appointed 24 MLAs as 'advisors' to various departments in his opposition less government.
'More than Eknath Shinde's wish, we want him (Shinde) to lead us in the government.'
The 28 new ministers who joined the Chouhan cabinet on July 2 include 20 of cabinet rank and eight ministers of state.
'Gold could benefit from the resulting risk aversion, as happened last year.'
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.
ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.
'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.'
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.
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).
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
'Active funds have the ability to manage downside risk.'
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).
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Momentum funds can be 10 to 15 per cent more volatile than the Nifty 50.
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.
Saha has kept the home, health and family welfare and public works department with him while Ratan Lal Nath has been given the charge of power, agriculture and farmers' welfare, according to an official notification issued by Chief Secretary J K Sinha.
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.
Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi.
Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.'
Financial success isn't about making impulsive moves -- it's about making informed choices, asserts Ramalingam Kalirajan.
'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
'The minimum holding period for equities should be three years.' 'Try goal-based investing.' 'Link your equity portfolios to specific goals such as retirement, purchase of a house or car...'
Despite recent underperformance, MNC funds have delivered over longer time frames.
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).
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
Only a limited set of investors should invest directly in corporate bonds.
Investors need to carefully assess country-specific risks. 'This is especially true of a market that is less transparent than the US.'
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.
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Conservative investors seeking equity-like tax benefits with low risk may go for them.
'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'
Maharashtra Chief Minister Devendra Fadnavis has attributed the recent state assembly election victory to the role of Hindutva and counter-polarization. He described BJP's Hindutva as a way of life and said it played an important role in mobilizing voters. Fadnavis also alleged that the opposition alliance had an agreement to withdraw riot cases against Muslims. He further commented on PM Modi's inclusive Hindutva and the increased voter turnout in the election.
