The recent selloff in the Indian equity market has been far more painful for mid and smallcap stocks compared to largecap stocks. The benchmark BSE Sensex is now down 9.5 per cent from its record monthly closing of 84,300 at the end of September last year. In the same period, the BSE MidCap has lost 17 per cent of its value, while the BSE SmallCap has corrected by 17.1 per cent.
The Bharatiya Janata Party (BJP) is set to form its government in Delhi after winning the recent assembly elections. Party leaders have stated that the new chief minister should be chosen from the elected BJP MLAs, with several contenders emerging from the newly-elected members. The decision on the next chief minister is expected to be made after Prime Minister Narendra Modi returns from his foreign visit around February 15.
In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.
Ace pistol shooter Manu Bhaker will lead a 35-member Indian team in the season-opening ISSF World Cups in April in South America.
The five initial public offerings (IPOs) that closed on Monday attracted cumulative bids worth Rs 1.4 trillion against Rs 2,909 crore they were looking to raise. These offerings were subscribed between 11 and 195 times. Mamata Machinery, a limited manufacturer of machines used for making plastic bags, saw the highest oversubscription at 195x.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Shrachi Rarh Bengal Tigers booked their place in the final of the Hockey India League, defeating Tamil Nadu Dragons 6-5 in a dramatic penalty shoot-out in Rourkela on Friday.
Uttam Ghosh offers his take on Prime Minister Narendra Damodardas Modi's sudden decision to repeal the three farm laws.
rediffGURU T S Khurana answers readers' personal income tax queries.
'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.'
offers his take on the constantly zooming fuel prices in the country.
The BJP's victory in the Delhi Assembly elections has sparked speculation over who will lead the next government. Several prominent leaders, including Pravesh Verma, Ashish Sood, Pawan Sharma, Vijender Gupta, and Satish Upadhyay, are in the running for the chief minister's post. The party's national leadership is expected to make the final decision, leaving the contenders in a state of anticipation.
A team of experts involved in rescuing eight people trapped in a partially collapsed tunnel in Telangana have reached the end of the tunnel, but debris is hindering further progress. The rescue operation, described as one of the most complex in the world, continues with experts from the Indian Army, Navy, NDRF, and GSI working tirelessly to find a breakthrough. Despite continuous efforts and oxygen pumping, there has been no contact with the trapped individuals.
Sebi is looking at introducing a system where an investor can sell shares as soon as they are allotted in an Initial Public Offering (IPO) to curb grey market activity, chairperson Madhabi Puri Buch said on Tuesday. The chief of the capital markets regulator also announced that the top two proxy advisory firms are on the verge of launching a portal which will be a repository of related party transactions and will be useful in judging the governance standards in a company for any stakeholder.
'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'
Most of the MLAs shared their resignation letters on social media and slammed the Aam Aadmi Party over corruption and other issues.
India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.
The liquidity deficit in the banking system crossed Rs 2 trillion again on Monday, despite the second instalment of cash reserve ratio (CRR) reduction coming into effect from December 28.
'We may see this momentum going into 2025 and may keep up with the demand, given the strong pipeline.'
Uttam Ghosh offers his take on the plight of the protesting farmers and the government's priorities.
Uttam Ghosh wonders if the farmers's concerns will be addressed now that the BJP has embarked on Mission Bengal.
Equity benchmark indices Sensex and Nifty rebounded sharply on Monday after five days of steep decline amid value buying at lower levels and a rally in global markets. Besides, hectic buying in blue-chip stocks ITC, HDFC Bank and Reliance Industries also helped in market recovery.
Uttam Ghosh offers his take on the uncertainty surrounding the outcome of the US poll presidential election.
Uttam Ghosh offers his take on democracy in the Modi era and the prime minister's Rs 200 billion dream.
The chances of survival for eight people trapped in a collapsed tunnel in Telangana are "very remote," according to a minister. Rescue efforts are ongoing but the minister says it could take three to four days to reach the trapped individuals due to the debris and muck. The minister also mentioned a team of rat miners, who had rescued construction workers in Uttarakhand in 2023, are now assisting with the rescue efforts.
Quick commerce (qcom) industry is poised to lead gig workforce hiring in 2025, propelled by a surge in demand for faster deliveries, expansion by existing players, entry of new competitors, and evolving consumer preferences in the post-pandemic era, according to industry experts. The qcom industry currently employs nearly 260,000 people - around 200,000 delivery personnel and 60,000 dark store workers, according to TeamLease Staffing.
'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'
Uttam Ghosh offers his take on the Trinamool Congress vanquishing the Bharatiya Janata Party in Bengal.
Corporate earnings from blue-chips like HDFC Bank, ICICI Bank, Donald Trump's swearing-in as the US President, and trading activity of foreign investors are the key factors to drive equity markets this week, analysts said. Trump will be sworn in as the US president for a second term on Monday. This week, several key Nifty-50 companies, including BPCL, HDFC Bank, Hindustan Unilever, Dr Reddy's, UltraTech Cement, JSW Steel and ICICI Bank are scheduled to announce their financial results.
Finance Minister Nirmala Sitharaman on Saturday said the government will arrange identity cards and registration on the e-Shram portal to assist 1 crore gig workers. Presenting the Union Budget 2025-26, the finance minister also said a scheme for the socio-economic upliftment of urban workers will be implemented.
Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was higher than 212 NFOs collecting Rs 63,854 crore in 2023 and 228 NFOs garnering Rs 62,187 crore in 2022.
Uttam Ghosh offers his take on Health Minister Harsh Vardhan's statement that India is better prepared in 2021 to handle COVID-19.
All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...
The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.
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.
Uttam Ghosh offers his take on the exit polls against the backdrop of increasing crude oil prices.
Indian-origin tech companies cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H-1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies.
Uttam Ghosh -- like most leaders at the COP26 summit in Glasgow -- is surprised at India's pledge to achieve net zero carbon emissions by 2070.