News for 'wealth'

Parthiv Patel joins GT coaching staff

Parthiv Patel joins GT coaching staff

Rediff.com13 Nov 2024

Parthiv Patel joins Gujarat Titans' support staff as batting and assistant coach

'Portfolios Need To Be Balanced This Year'

'Portfolios Need To Be Balanced This Year'

Rediff.com6 Feb 2025

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'

On buyback, Upstox delivers 10x returns to Ratan Tata

On buyback, Upstox delivers 10x returns to Ratan Tata

Rediff.com5 Oct 2024

Upstox, an investment platform, has generated a 10-fold return to Tata group's former chairman Ratan Tata on a buyback of 5 per cent of his stake in the company, according to a company press release. The returns were on the partial sale of Tata's 1.3 per cent stake in the company.

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Rediff.com14 Dec 2024

Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Rediff.com27 Dec 2024

The derivatives trading volume has seen a 37 per cent month-on-month decline in December following a slew of measures undertaken by the market regulator Securities Exchange Board of India (Sebi) to curb the frenzy in the derivatives segment. The average daily turnover (ADTV) for the derivatives segment (notional turnover for options segment) so far this month is at Rs 280 trillion - the lowest since June 2023-compared to Rs 442 trillion in November.

'Judgment Is A Constitutional Earthquake'

'Judgment Is A Constitutional Earthquake'

Rediff.com21 Nov 2024

'It has changed the political character of India by ejecting socialism as an ideology from the Constitution of India.'

Rich-poor gap still enormous: Justice Sudhanshu Dhulia

Rich-poor gap still enormous: Justice Sudhanshu Dhulia

Rediff.com6 Nov 2024

Justice BV Nagarathna also partially agreed with the majority verdict but criticised the CJI's views on Justice Iyer's judicial approach in dealing with "material resources" and state's power over them.

Should You Invest In NBFC Bonds?

Should You Invest In NBFC Bonds?

Rediff.com23 Sep 2024

When evaluating bonds, returns shouldn't be the sole factor. Pay close attention to the bond's credit rating. It should ideally be AA or higher.

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

'I Have To Excel In Everything I Do'

'I Have To Excel In Everything I Do'

Rediff.com5 Feb 2025

'My two life mantras are prioritisation and compartmentalisation.' 'Prioritisation allows you to put one thing over the other and compartmentalisation to focus on one priority at a time.'

'Should I Sell MFs For Son's BTech?'

'Should I Sell MFs For Son's BTech?'

Rediff.com30 Jan 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Why Stalin wants Tamilians to have '16 children'

Why Stalin wants Tamilians to have '16 children'

Rediff.com22 Oct 2024

Stalin's comments came two days after Naidu said there was a need to manage the population in Andhra Pradesh given there will be an increase in the aging population.

HC reopens disproportionate wealth case against OPS, slams lower courts

HC reopens disproportionate wealth case against OPS, slams lower courts

Rediff.com31 Aug 2023

The Madras high court on Thursday ordered issuing notice to deposed All Indi Anna Dravida Munnetra Kazhagam leader and former Tamil Nadu Chief Minister O Paneerselvam and his relatives on a criminal revision case initiated on its own, relating to their discharge in a disproportionate wealth case by a trial court in 2012.

India's richest 1% own more than 40% of total wealth: Oxfam

India's richest 1% own more than 40% of total wealth: Oxfam

Rediff.com16 Jan 2023

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday.

Trump sworn in as 47th US President, says 'golden age' begins now

Trump sworn in as 47th US President, says 'golden age' begins now

Rediff.com21 Jan 2025

In a remarkable comeback to power, Donald J Trump Monday took oath as the 47th president of the United States and immediately promised a blitz of executive orders as he announced the beginning of a 'golden age' of America.

Trump to declare national emergency, send troops to...

Trump to declare national emergency, send troops to...

Rediff.com21 Jan 2025

President Donald Trump is expected to sign a series of executive orders fulfilling campaign promises, including declaring an emergency at the southern border, addressing a national energy crisis, and defining sex-related policies. The orders aim to address immigration, national security, and energy independence, with a focus on reversing policies implemented by the previous administration.

Van Nistelrooy named Leicester City manager

Van Nistelrooy named Leicester City manager

Rediff.com30 Nov 2024

Van Nistelrooy has also gained valuable experience as Assistant Coach for the Netherlands national team under Guus Hiddink.

Worried About High Home Loan EMI? MFs Can Help

Worried About High Home Loan EMI? MFs Can Help

Rediff.com15 Jan 2025

Here's how to own your dream home without paying excessive interest on your EMIs.

Tantrik accused of murdering 12 dies in police custody in Gujarat

Tantrik accused of murdering 12 dies in police custody in Gujarat

Rediff.com8 Dec 2024

A 42-year-old tantrik arrested for allegedly conspiring to murder a businessman died in police custody in Ahmedabad, Gujarat, after confessing to killing 12 people by giving them drinks laced with sodium nitrite. Navalsinh Chavda was arrested on December 3 and died on Sunday after falling ill. Police are investigating his occult practices and possible involvement in human sacrifices.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

Meet Maharashtra's Wealthiest Candidate

Meet Maharashtra's Wealthiest Candidate

Rediff.com20 Nov 2024

'When honest, wealthy people come forward to serve India, people should feel proud and welcome them.'

Should You Consider Liquid Funds?

Should You Consider Liquid Funds?

Rediff.com18 Nov 2024

Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.

Pushpa 2: The Rule: Giant Misfire!

Pushpa 2: The Rule: Giant Misfire!

Rediff.com5 Dec 2024

Pushpa 2 is a badly misjudged, doubtful sequel that can't capitalise on the wealth of the story world set up in the first film, observes Arjun Menon.

Oppn To Push For JPC On Adani Issue

Oppn To Push For JPC On Adani Issue

Rediff.com25 Nov 2024

Floor leaders of the Opposition Indian National Developmental Inclusive Alliance met on Monday ahead of the start of Parliament's winter session and decided to raise the issue of alleged corruption in the Adani Group and demand a Joint Parliamentary Committee on the matter.11111111111111111111111111

Can Rs 10K SIP Make You Rs 3 CRORE?

Can Rs 10K SIP Make You Rs 3 CRORE?

Rediff.com16 Oct 2024

Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.

Tax edge adds shine to gold ETFs

Tax edge adds shine to gold ETFs

Rediff.com2 Oct 2024

Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.

Jay Shah takes over as ICC chairman

Jay Shah takes over as ICC chairman

Rediff.com1 Dec 2024

Jay Shah expressed his vision to grow the global reach of the sport with a particular focus on the opportunity of the Olympic Games in Los Angeles in 2028.

How To Manage Your Mutual Funds

How To Manage Your Mutual Funds

Rediff.com30 Dec 2024

Let reason, not emotion, guide your decisions.

'Trump Won't Target Indians'

'Trump Won't Target Indians'

Rediff.com30 Dec 2024

'Someone posts a job on LinkedIn and there are a thousand resumes in an hour? This is not the America IT professionals are used to.' 'Once they lose their job, it's impossible to get a job.'

Savings And Investment: Ask rediffGURUS!

Savings And Investment: Ask rediffGURUS!

Rediff.com30 Oct 2024

Let's Make Savings As Exciting As Spending. This World Savings Day, rediffGURUS Nitin Narkhede, Milind Vadjikar and Ramalingam Kalirajan are all set to answer your queries on savings and investments.

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Rediff.com6 Dec 2024

The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.

Over 85% Billionaires Are Upper Castes

Over 85% Billionaires Are Upper Castes

Rediff.com24 Jun 2024

While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.

Happy Birthday, Malaika!

Happy Birthday, Malaika!

Rediff.com23 Oct 2024

Kriti-Kajol promote Do Patti... Shraddha is a black cat... Urvashi flaunts her Gucci...

Stock markets to end 2024 with positive returns despite roller coaster ride

Stock markets to end 2024 with positive returns despite roller coaster ride

Rediff.com29 Dec 2024

Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first half of the year saw robust corporate earnings, a surge in domestic flows, and a resilient macro landscape, driving the Nifty to an all-time high of 26,277.35 in September 2024, according to Motilal Oswal Wealth Management.

Sensex sinks below 81K amid widespread selloff

Sensex sinks below 81K amid widespread selloff

Rediff.com17 Dec 2024

All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.

Is NPS Vatsalya Right Choice For Your Children?

Is NPS Vatsalya Right Choice For Your Children?

Rediff.com9 Oct 2024

From how to open an NPS Vatsalya account to knowing how this scheme compares to investing in mutual fund or in provident fund, Ramalingam Kalirajan offers a 360-degree view and the pros and cons of investing in a scheme that has the potential to secure your child's financial well-being.

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.

Top 100 Indian firms create Rs 92.2 lakh cr wealth during FY17-22

Top 100 Indian firms create Rs 92.2 lakh cr wealth during FY17-22

Rediff.com8 Dec 2022

Two Adani group companies -- Adani Enterprises and Adani Transmission -- have uprooted the traditional leader Reliance Industries in annual wealth creation in 2022 so far, while the top 100 of them created a massive Rs 92.2 lakh crore of wealth, according to a report. However, Reliance Industries has smashed all records to emerge as the largest wealth creator during the five-year period ending March 2022, says the leading brokerage Motilal Oswal in its 27th annual wealth creation study. The Gautam Adani group companies have been rallying to dizzying heights in the year as the group snapped up many assets and diversified into newer areas.

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

Rediff.com10 Dec 2024

SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.

Should You Invest In Largecap Funds?

Should You Invest In Largecap Funds?

Rediff.com18 Dec 2024

'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'