More than 50 per cent of SIP accounts come from semi-urban and rural areas.
'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'
Notably, the case was registered 19 days after the Madhya Pradesh high court ordered the police to dispose of the woman's complaint within 90 days after she alleged inaction by the police.
Uttam Ghosh offers his take on the violence which has hit Delhi since Monday colliding with two day visit of United States President Donald Trump to India.
In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.
'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'
Most of the Sensex firms settled in the positive territory. Mahindra & Mahindra, Tata Motors, Tech Mahindra, JSW Steel, State Bank of India, HCL Technologies, Reliance Industries and Infosys were the biggest gainers. Kotak Mahindra Bank and Maruti were the laggards.
Uttam Ghosh offers his take on the strange decision to not allow Question Hour in Parliament at a time when the government has forced lakhs of students to answer questions in the JEE and NEET exams, citing no danger from the coronavirus.
Messaging app Telegram has taken decisive action against bots that were reported for sharing sensitive data related to Star Health and Allied Insurance Company, and is actively keeping an eye on their re-emergence, a company statement said. "The bots reported to Telegram for sharing Star Health data were immediately removed and moderators are monitoring to prevent them from being recreated. "The sharing of private information on Telegram is expressly forbidden and such content is deleted whenever it is found," the statement said.
The Reserve Bank on Wednesday retained the retail inflation projection at 4.5 per cent for fiscal 2024-25, with Governor Shaktikanta Das stressing that the central bank will have to closely monitor the price situation and keep the "inflation horse" under tight leash lest it may bolt again. Unveiling the October bi-monthly monetary policy, the Governor also said the flexible inflation targeting (FIT) framework has completed 8 years since its introduction in 2016 and is a major structural reform of the 21st century in India.
The rupee remains overvalued against the currencies of India's trading partners, even as it hit record lows against the dollar in August and September. According to the Reserve Bank of India's (RBI) real effective exchange rate (REER) index, the rupee stood at 5.5 per cent above its fair value in August, down from 7.7 per cent in July. This slight easing followed fears of a US recession and the unwinding of yen carry trades, which exerted pressure on the Indian currency.
Uttam Ghosh offers his take on the Kerala floods and the Centre's relief response.
As the campaign for the Gujarat assembly election ends, Uttam Ghosh takes a look at how the campaigners -- including Prime Minister Narendra D Modi -- flew away from from the sea of issues, seeking refuge in accusations and allegations.
Scoring field goals was a major concern in Paris but here the young forwardline comprising Sukhjeet Singh, Abhishek, Uttam Singh, Gurjot Singh, Araijeet Singh Hundal and others have exceeded expectations.
SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.
The world is celebrating Raj Kapoor's birth centenary, but when was the last time you watched an RK film?
Uttam Ghosh/Rediff.com's take on Delhi's sensational corporate espionage scandal.
Uttam Ghosh offers his take on the horrific terror attack in Nice, France.
China stunned Pakistan 2-0 in the shoot-out to enter the final of Hero Asian Champions Trophy for the first time in the history of the tournament.
The combined wealth of India's dollar billionaires is now equivalent to 33.81 per cent of India's nominal GDP.
'A 20 per cent equity allocation to ESG funds is a good start.' 'As more evidence on ESG performance builds, investors may increase allocations.'
'How many jobs will be created when you complete your course?' 'How many people will compete with you?' 'What is the minimum and maximum salary you can expect?' 'Which are the companies that will offer you a job?' 'What skills do you have to develop?' 'How long will it sustain?'
Uttam Ghosh offers his take on the Akbar controversy.
The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.
India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.
Uttam Ghosh/Rediff.com offers his unique perspective on several issues of the day.
'Young investors should focus more on equity, while retired senior citizens should prioritise fixed income.' 'Mid-career investors should aim for a balanced allocation.'
Overseas Indians deposited around $4 billion in non-resident Indian (NRI) deposit schemes in April - June FY25, up 79 per cent over the amount deposited in these schemes in the same period last year, data released by the Reserve Bank of India (RBI) on Monday showed. In April - June FY25, inflows into the NRI schemes stood at $3.95 billion, compared to $2.21 billion during the same period a year ago. With this, the total outstanding NRI deposits as of June stood at $155.71 billion.
Price of international crude oil - the raw material for making petrol and diesel - dropped to a three-year low before marginally recovering but a revision in domestic petrol and diesel rates is likely only if lower rates are sustained, industry sources and officials said. Global oil benchmark Brent crude futures fell below $70 per barrel on Tuesday - the first time since December 2021 - but gained thereafter after Hurricane Francine hit crude supply in the Gulf of Mexico. Brent rose above $71 a barrel on Thursday while West Texas Intermediate advanced to trade near $68.
The removal of the angel tax is expected to be a boost for startups as it will help in promoting a more conducive environment for them.
On the eve of the Haryana assembly poll results, the issue of chief minister-ship has taken centre stage in the Congress with all eyes on its high command's next move as the party expects to regain power after 10 years in the state.
Uttam Ghosh's take on the plunging rupee and the dizzy rise in petrol and diesel prices.
Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
Uttam Ghosh offers his take on the Pakistan PM's statement about why he wants a Modi victory to improve relations with India.
Banks have issued Rs 7.78 trillion worth of CDs in the current calendar year until August 2024, compared to Rs 4.9 trillion in the same period of 2023, registering a 59 per cent growth
Uttam Ghosh imagines what a Trump Presidency might be like.
IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.
Uttam Ghosh believes India's best brand ambassador is neither Aamir nor Amitabh, but our very own NaMo!
