News for 'uttam-ghosh'

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Rediff.com30 Jan 2025

Value mutual funds have witnessed robust investor interest, garnering Rs 22,757 crore in inflows in 2024, nearly double the amount seen in 2023, fueled by impressive returns generated by the segment. This surge reflects a shift in investor focus towards fundamentally strong yet undervalued stocks.

Can Insurers Invest In Bima Sugam India?

Can Insurers Invest In Bima Sugam India?

Rediff.com24 Feb 2025

'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'

Equity MF inflows grew 14% in Dec; small and mid-cap fund bets at record highs

Equity MF inflows grew 14% in Dec; small and mid-cap fund bets at record highs

Rediff.com9 Jan 2025

Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.

Why Mid, Smallcap Stocks Are Crashing In 2025

Why Mid, Smallcap Stocks Are Crashing In 2025

Rediff.com28 Jan 2025

The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.

GST collection rises 8.5% to Rs 1.82 lakh cr in Nov

GST collection rises 8.5% to Rs 1.82 lakh cr in Nov

Rediff.com2 Dec 2024

Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.

4-year-old girl raped, murdered by uncle in Tirupati

4-year-old girl raped, murdered by uncle in Tirupati

Rediff.com2 Nov 2024

According to Tirupati district superintendent of police L Subbarayudu, Nagaraju (24), who is the victim's maternal uncle, lured the girl to a secluded place in AM Puram village by offering her snacks on Friday evening and committed the crime.

RBI lists these 3 as 'important banks' in 2024

RBI lists these 3 as 'important banks' in 2024

Rediff.com13 Nov 2024

State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs.

India Inc profits crawl as sales stay sluggish

India Inc profits crawl as sales stay sluggish

Rediff.com24 Feb 2025

Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.

E-commerce spend driving use of credit cards in non-metros, says Visa

E-commerce spend driving use of credit cards in non-metros, says Visa

Rediff.com14 Jan 2025

With rising disposable incomes in cities beyond metros, the penetration of credit cards - and consequently, credit card spending - is growing at a much faster pace than in traditional metro cities, primarily driven by e-commerce spending.

Before You Buy Cancer Insurance...

Before You Buy Cancer Insurance...

Rediff.com21 Jan 2025

Purchase health insurance early while you are disease-free. 'It might become very difficult to get a comprehensive health cover for someone who has already had cancer.'

'Landmark Moment For Capital Market'

'Landmark Moment For Capital Market'

Rediff.com5 Feb 2025

DIIs owned equities worth Rs 73.5 trillion, just 1.9 per cent less than FPIs. This marks a significant change from a decade ago.

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

'How Do I Reduce My Tax Burden?'

'How Do I Reduce My Tax Burden?'

Rediff.com20 Feb 2025

rediffGURU Yogendra Arora answers readers' personal income tax queries.

'I Don't Care How Much It Costs. Please Save My Mum'

'I Don't Care How Much It Costs. Please Save My Mum'

Rediff.com28 Mar 2025

'Doctors feel they have a duty to prolong a heartbeat at all costs.' 'And a son or a daughter feels, I can't let my mum die. I have to save her at all costs.' 'They think saving is just prolonging life. But the person suffers.'

Insurers to double down on tech, rural expansion for growth in '25

Insurers to double down on tech, rural expansion for growth in '25

Rediff.com10 Jan 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.

How q-com will drive India's blue-collar job market

How q-com will drive India's blue-collar job market

Rediff.com9 Jan 2025

The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.

Health care, pharma IPOs raise Rs 14,811 cr in 2024

Health care, pharma IPOs raise Rs 14,811 cr in 2024

Rediff.com23 Dec 2024

India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).

'AI is no longer a futuristic concept but an economic multiplier'

'AI is no longer a futuristic concept but an economic multiplier'

Rediff.com2 Feb 2025

Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.

50 bps CRR cut will unlock Rs 1.16 lakh cr bank funds

50 bps CRR cut will unlock Rs 1.16 lakh cr bank funds

Rediff.com6 Dec 2024

To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4, 2022 had raised CRR to 4.5 per cent from 4 per cent in an off-cycle Monetary Policy Committee (MPC) meeting, with effect from May 21 the same year.

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Rediff.com5 Jan 2025

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per cent Y-o-Y to Rs 2.43 trillion.

What Is A Gift Deed?

What Is A Gift Deed?

Rediff.com13 Mar 2025

All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

NPCI Lists Digital Scam Warning Signs

NPCI Lists Digital Scam Warning Signs

Rediff.com18 Dec 2024

UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

'How Can I Save Tax If I Earn Less Than Rs 10L?'

'How Can I Save Tax If I Earn Less Than Rs 10L?'

Rediff.com28 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

A fifth of AIF investments questionable in terms of intent: Sebi official

A fifth of AIF investments questionable in terms of intent: Sebi official

Rediff.com18 Dec 2024

Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds (AIFs) are questionable in terms of the intent behind the investments and are under the scanner for circumvention of regulations, said Ananth Narayan, whole-time member of Securities and Exchange Board of India (Sebi). AIFs are pooled investment vehicles that invest in a variety of assets including real estate, startups, unlisted companies, and derivative strategies in the listed space.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Nov 2024

Trading activity of foreign investors and global trends will be the major driving factors for the equity markets in a holiday-shortened week ahead, according to analysts. Leading stock exchanges BSE and NSE have declared a trading holiday on November 20 for assembly elections in Maharashtra. Elections to the 288-member state legislative assembly will be held on November 20, and votes will be counted on November 23.

Markets bounce back; Sensex climbs 218 points

Markets bounce back; Sensex climbs 218 points

Rediff.com18 Oct 2024

ICICI Bank, Tata Motors, Tata Steel, NTPC, JSW Steel, State Bank of India and Adani Ports were the other big gainers. Asian Paints, Nestle, Tech Mahindra, HCL Technologies, Hindustan Unilever, Infosys and ITC were the other big laggards.

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Rediff.com14 Dec 2024

It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.

DA for over 1 crore central govt staff, pensioners hiked by 3%

DA for over 1 crore central govt staff, pensioners hiked by 3%

Rediff.com16 Oct 2024

The Centre on Wednesday increased the Dearness Allowance (DA) by 3 percentage points effective from July 1 this year, benefitting more than 1 crore employees and pensioners ahead of the Diwali festival. The Union Cabinet has approved to increase Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners by three percentage points of the basic pay/pension ahead of Diwali, Union Minister Ashwini Vaishnaw said after the Cabinet meeting.

WPI inflation down to 3-month low. Will RBI cut rate in Feb?

WPI inflation down to 3-month low. Will RBI cut rate in Feb?

Rediff.com16 Dec 2024

Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review in February. The Wholesale Price Index (WPI) based inflation was 2.36 per cent in October 2024. It was 0.39 per cent in November, last year. In August, 2024, it was 1.25 per cent.

Want To Invest In Fixed Income Schemes?

Want To Invest In Fixed Income Schemes?

Rediff.com3 Jan 2025

When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.

Govt plans to skill 20 lakh youth over 5 years

Govt plans to skill 20 lakh youth over 5 years

Rediff.com23 Jul 2024

The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years. The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs 7.5 lakh.

Market riptide pulls ADR below 1, charting course of unease

Market riptide pulls ADR below 1, charting course of unease

Rediff.com31 Oct 2024

The advance/decline ratio (ADR) - a gauge of market breadth - has remained negative (below 1) for a second consecutive month. In other words, the number of stocks declining is outpacing those rising, as a brutal selloff by overseas investors and lofty valuations weigh on sentiment. According to BSE data, the ADR for October stands at 0.98 for the second month in a row.

'Can I Retire At 45 With 3L Per Month?'

'Can I Retire At 45 With 3L Per Month?'

Rediff.com14 Jan 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Muted deposit and credit growth sends PSB stocks into a tailspin

Muted deposit and credit growth sends PSB stocks into a tailspin

Rediff.com7 Jan 2025

Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.

Stress fracture in market's rise, time to sling caution

Stress fracture in market's rise, time to sling caution

Rediff.com9 Dec 2024

Analysts are warning of growing risks to the market's sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for the July-September (Q2) quarter of 2024-25 (FY25), sticky inflation, fluctuations in the rupee, waning consumption, and high interest rates.

Banks eye Rs 1 trn via infra bond issuances in FY25

Banks eye Rs 1 trn via infra bond issuances in FY25

Rediff.com27 Nov 2024

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

'An All-Out Budget For Middle Class'

'An All-Out Budget For Middle Class'

Rediff.com7 Feb 2025

'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'