There seems to be no end to re-allocation of portfolios even after Sunday's major Cabinet reshuffle with S Jagathrakshakan of Dravida Munnetra Kazhagam on Friday being given the portfolio of minister of state for commerce and industry.
The prime minister, who is under attack over the allocation during 2005-2009 when he held the coal portfolio, has been waiting to make a statement since last week but could not do so because of disruption caused by Opposition, mainly BJP.
Investors with shorter horizon of three-five years can also look at balanced funds and also those looking to invest lump sum money.
Move 10 per cent of your portfolio to the yellow metal.
'We expect the bull run to continue until economic growth continues.'
Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
The Communist Party of Indi today demanded that Prime Minister Manmohan Singh reply to charges of irregularities in allocation of coal blocks instead of evading an answer over the issue.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
The whole idea is to have a balance between long-term and short-term goals.
The government was formed 10 days after Shinde raised a banner of revolt against the Shiv Sena leadership. Forty out of 55 Sena MLAs sided with Shinde, which resulted in the collapse of the two-and-a-half-year-old Maha Vikas Aghadi dispensation comprising the Sena, the Nationalist Congress Party and the Congress.
Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
Buying stocks during bad times can lead to good returns.
19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017
Rupani announced in Gandhinagar that the finance portfolio had been given to Patel and that the issue was over now.
The country's foreign exchange reserves surged by $58.38 billion in April-September 2021 to $635.36 billion, says an RBI report released on Wednesday. The forex reserves were at $576.98 billion at end-March 2021. The Reserve Bank of India (RBI) publishes half-yearly reports on management of foreign exchange reserves.
'Could robots vote for effective political leadership?' 'Arguably they could do this better than humans.' 'They are far better at fact-checking for obvious lies, and far better at gauging the sincerity of statements by analysing body language, facial movements and vocal tonality of speakers,' says Devangshu Datta.
