Active largecap funds, which have the toughest job in terms of outperforming the benchmark, did better in 2023 as their bets in the mid and smallcap stocks paid off.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
Parents who give their daughters-in-law a hard time for not being able to fulfil their desire of "preserving their family tree", need to be educated that it is their son and not his wife whose chromosomes will decide the child's gender, the Delhi high court has observed.
'Nobody really talks about the middle of relationships or the mundane parts... (When the end comes) we think, "Wow, this is the worst time of my life. This is horrible. It's never been worse". But actually, I feel the endings are what makes us who we are.'
The government on Wednesday directed online travel aggregators to process pending refunds related to air ticket bookings during the coronavirus lockdown period by the third week of November. In the wake of the coronavirus pandemic, there was a nationwide lockdown for varying periods starting from March 25, 2020, and scheduled commercial flight services were also suspended for a certain period. On Wednesday, the consumer affairs ministry held a meeting with online travel aggregators to discuss issues prejudicial to consumer interest in the travel sector.
An online company would show a particular price to the customer and then quickly increase the cost after analysing consumer behaviour or detecting any kind of desperation.
'Nitish Kumar is fooling the people of Bihar.' 'He will not probe anything because if he does so, he will be trapped himself.'
Defence Minister Rajnath Singh on Thursday held talks with his Chinese counterpart Li Shangfu and is learnt to have discussed the lingering border row in eastern Ladakh.
The ministry also submitted that the identification of scheduled castes is centred around a specific social stigma that is limited to the communities identified in the Constitution (Scheduled Castes) Order, 1950.
The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.
'Anti-Hindu Hate in Schools', by the counter-terrorism think-tank Henry Jackson Society, found that 51 per cent of Hindu parents surveyed reported that their child has suffered anti-Hindu hate at school.
Three civilians picked up by the Army for questioning after the terrorist ambushed two Army vehicles on Thursday at Dhatyar Morh between Dhera Ki Gali and Buffliaz in Poonch were found dead on December 23.
As much as 86.64 per cent of Mumbai's population has developed antibodies against coronavirus as per the latest sero-survey, the Brihanmumbai Municipal Corporation (BMC) claimed on Friday.
Fitch Ratings on Wednesday said the recent search by the enforcement directorate at gold-backed lender Manappuram Finance highlights corporate governance challenges that can arise in emerging markets like India. "Such searches need not lead to further regulatory action, but investigations raise reputational risk that could tarnish a lender's business prospects and constrict funding access due to reduced market confidence - potentially affecting an issuer's credit profile - even if no wrongdoing is identified," Fitch added. The rating agency said Manappuram Finance Ltd has disclosed that the Enforcement Directorate's search at its premises pertained to legacy non-compliant activities at its branches up until 2012.
The fees charged by investment banks to manage initial public offerings (IPOs) have increased to an average 3.23 per cent of the issue size this calendar year, the highest since 2020. The average fee is up 8 per cent compared to last year, when it stood at 2.99 per cent. The investment banking fees have increased as the average IPO size has shrunk this year.
Poonawalla was talking to media persons amid rising cases of coronavirus infections in the country since March.
Policy owners need to avoid errors on their part to prevent claims from being denied.
Microsoft co-founder Bill Gates on Tuesday met Reserve Bank of India Governor Shaktikanta Das and discussed various issues including financial inclusion, payment systems, microfinance and digital lending among others. "Mr.@BillGates visited RBI Mumbai today and held wide ranging discussions with Governor @DasShaktikanta #RBI #rbitoday #rbigovernor #shaktikantadas #BillGates," RBI said in a tweet. Gates Foundation pursues a lot of activity in India including promotion of financial inclusion, health sector and climate change.
Even when China's widely-publicised exchange with the World Health Organisation (WHO) in response to the queries over the reports of surging cases of mycoplasma pneumonia and influenza flu triggered the worldwide alert, including in India, China said the spike in respiratory diseases was due to an 'immunity gap'.
During a hearing on Friday, the bench noted that Mumbai was witnessing a decline in the bursting of firecrackers.
The bench was informed by advocate Prashant Bhushan, appearing for petitioner NGO Centre for Public Interest Litigation and others, that the Centre has filed an affidavit saying it wants to appoint another commission to examine the issue.
P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.
The UK Health Security Agency said EG.5.1, which has been nicknamed Eris, makes up one in seven new COVID cases.
Moody's Investors Service on Friday affirmed India's rating at the lowest investment grade of 'Baa3', with a stable outlook, saying high growth will support a gradual increase in income levels, but flagged risks of populist policies due to rise in political tensions. Moody's said although India's potential growth has come down in the past 7-10 years, the growth would outpace all other G20 economies through at least the next two years, driven by domestic demand. Moody's said the restoration of robust growth prospects post-pandemic, the effective commitment to inflation targeting and the rehabilitation of the financial system aided by reform supports its view of strengthening monetary and macro policy effectiveness.
'It is the best avenue for investors who would like to take long-term exposure to gold.'
'Working in collaboration is beneficial and more rewarding in the long run.' 'Competition may bring personal glory, but is very short lasting.' 'Work with people who are interested in working with you instead of competing with you.'
Women account for 35 per cent of the 860,000 people employed in startups in 2022, compared to 19 per cent in the corporate sector.
'Our study finds that only about 20% of Indians are vegetarians and the rest of the 80% are non-vegetarians or meat-eaters.'
According to a complaint lodged by the woman's husband, Shakoor Khan broke into their home on Thursday and raped his wife when she was alone.
The transition to UPI-based ATMs will be gradual, and consumers will not immediately switch to using standalone UPI ATMs overnight.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
The National Commission for Protection of Child Rights (NCPCR) has moved the Supreme Court against the legalisation of same-sex marriages.
On an average, 1 in 2 Indians are getting less than 6 hours of uninterrupted sleep each night.
The IMD defines a normal monsoon as one which delivers between 96 and 104 per cent of the 50-year average rainfall for the season.
Even as cement companies continue to announce ambitious expansion plans, analysts turn cautious over the sector as incremental supply is expected to coincide with a weak demand growth period, and other headwinds of higher fuel costs, weak monsoons and general elections. In August, JSW Cement said it will take its current 19 million tonnes (MT) capacity to 60 MT in the next five years. The country's top producers have massive expansion plans underway - UltraTech Cement targeting 200 MT, Adani Cement aiming for 140 MT and Dalmia Cement planning for 110-130 MT.
Renewed inflationary pressures, led by a spike in prices of vegetables and cereals, have cast a spell on the equity markets in the past month. The BSE Sensex and Nifty50 have declined up to 2 per cent each during the period, clipping the 13 per cent rally from the March lows, shows data from ACE Equity. Investors typically consider shares of fast-moving consumer goods (FMCG) companies as defensive bets, putting their weight behind them in a falling market.
Even a few servings of ultra-processed foods can contribute significantly to your daily calorie intake, warns dietician Rachel Anthony.
Worried by a spike in Chinese imports, the Indian Steel Association (ISA) plans to take up the matter with the government and seek measures to fix "trade distortions". Alok Sahay, secretary general of the group that represents the country's steel producers, said systemic changes were needed. "In order to take any trade measure, it takes a minimum of 15 months' time, due to prevalence of lesser duty rule in India, making India an easy target. "We are going to write to the government on this," he said.
While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.
With Sundar raking up the issue on Twitter and later emotionally addressing a press conference, the ruling party announced that the platform speaker, Sivaji Krishnamurthy, was being dismissed from the party for indiscipline and bringing disrepute to it.
