MMFs are a good option for the current environment, observes Sarbajeet K Sen.
The Securities and Exchange Board of India on Tuesday asserted that the Indian financial markets were safe for investing and there was no payment crisis on the bourses.
At least two policemen were killed and many others injured when Pakistani Taliban militants seized a counter-terrorism centre and took some people hostage in the Bannu district of Pakistan's troubled Khyber Pakhtunkhwa province.
Before entering into buy and sell transactions please be aware of all the factors that go into the mechanism of pricing, trading and clearing.
The Opposition party lashed out at the Modi government over the issue, saying the problem with most of ministers is that they are so eager to prove their loyalty to 'their master and be his voice' that they have forgotten that they are sworn to certain responsibilities.
The Railway Board also said several infrastructure projects are under progress with stringent targets and officers and staffers on the field need to be sensitised that the integrity of the signalling system is of utmost importance from a safety point of view.
'I've never seen such cooperation before. Problem solving. Everyone working together. And truthful.' 'Someone from the prime minister's office was there the entire time, at the table, one of the team.' 'Now you have to figure out how to get them out. And I'm just gonna sit here patiently.' 'But if you annoy me, I could actually ruin the whole game for you and for the people in here, which is the avalanche'.
A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (SEBI), alleging it has violated the timeline for completing the investigation and submitting its report on the allegations of stock price manipulation by the Adani group. An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the SEBI it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. It said by the order dated May 17, 2023, the apex court directed SEBI to submit its report till August 14, 2023.
If the wedding takes place between January 20 and 22, Rahul, who is fighting for his place in the team, will miss the home series against New Zealand.
From the Sensex pack, Reliance Industries fell the most by 2 per cent. Tata Steel, Bajaj Finserv, ITC, NTPC, Bharti Airtel, Tech Mahindra, Titan, Axis Bank and Bajaj Finance were among the other major laggards.
Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65k mark on Friday, as investors offloaded IT, teck and metal stocks amid a bearish global trend. Besides, fresh foreign fund outflows also hit investor sentiments, traders said. In a volatile trade, the 30-share BSE Sensex declined 202.36 points or 0.31 per cent to settle at 64,948.66.
'We want to send Indians on the moon and create history, but we don't want to accept the reality that is happening on earth.'
Under pressure from the Maoists who have taken hostage three policemen, Bihar Chief Minister Nitish Kumar on Saturday evening said that the state government will give safe passage to Maoists who come for talks.
The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business Standard poll of analysts. The Indian rupee hit an all-time low recently, closing at 83.15 per dollar. Five of the 10 respondents said the Indian currency might touch 83.5 per dollar in August itself, while others said the worst could be over.
Rameshbabu Praggnanandhaa went down to World No 1 Magnus Carlsen in the FIDE Chess World Cup final, in Baku, on Thursday.
The fall in total reserves was mainly because of a decline in foreign currency assets worth $4.5 billion, the data showed.
The Chhattisgarh government on Wednesday opposed the petition of rights activist Binayak Sen in the Supreme Court seeking bail and stay on his life term for his links with Maoists saying he was involved in providing safe hideouts and logistic support to hardcore Naxalites.
IndusInd Bank was the biggest loser in the Sensex pack, shedding 7.46 per cent, followed by SBI, Tata Motors, M&M, Bajaj Finserv, Axis Bank and Infosys. In contrast, Tech Mahindra was the only winner.
The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.
The Indian Space Research Organisation said it successfully carried out an "extremely challenging" controlled re-entry experiment of the decommissioned orbiting Megha-Tropiques-1 (MT-1) satellite.
A yellow glow is likely to stand out amid grey geopolitical clouds in 2023, with gold price projected to touch Rs 60,000 per 10 grams in the Indian market as more investors veer towards safe-haven assets. In a year where volatility was more a norm than an exception, gold prices in the international market oscillated from a peak of $2,070 per ounce in March to a low of $1,616 per ounce in November and is steadily recovering since then, according to market experts. At the beginning of 2022, gold prices were around $1,800 an ounce.
The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
A joint team of multiple forces are undertaking the offensive to target some senior and most-wanted Naxal commanders, official sources said.
In Jammu and Kashmir, Eid prayers passed off peacefully and there was no report of any untoward incident, the police said.
The rupee on Thursday closed at its all-time low of 78.32 (provisional) against the US dollar as strong American currency and persistent foreign fund outflows weighed on investor sentiments. At the interbank foreign exchange market, the local currency opened at 78.26 and finally settled at its all-time low 78.32, unchanged from its previous close. On Wednesday, the rupee declined by 19 paise to settle at an all-time low level of 78.32 against the US dollar.
In 2022, gold emerged as the top performer among all conventional asset classes with over 14 per cent returns mainly owing to the depreciation of the rupee.
The Bombay high court on Thursday said that no matter how laudable or high the motives are while framing rules, if the effect of a rule or law is unconstitutional then it has to go.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
CBI has made substantial progress in the investigation into the NSE co-location case where markets regulator Sebi has found violations of norms by the stock exchange as well as some of its former top level employees, Finance Minister Nirmala Sitharaman said on Tuesday. The government and Sebi have received some complaints in the matter of NSE co-location. In a written reply to Rajya Sabha, the minister said that during the investigation into the matter, it was noticed that certain stock brokers got preferential access to the trading system.
'There is no question of diverting funds. This government is pro-poor, pro-worker and pro-progressive.'
The plane lost contact with air traffic control officials and landed in Mumbai after around four hours.
The first attempt to evacuate students on March 7 failed, despite ceasefire and planning.
The members of the farmers' unions while on their way to the protest site removed barricades put up by police and forcibly entered the road leading to the 'dharna'.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
The country's foreign exchange reserves surged to $576.98 billion as on March 31, 2021 from $544.69 billion at September-end last year, an RBI report said. Foreign currency assets (FCA), a major component of the overall reserves, increased to $536.693 billion as at March-end 2021 from $502.162 billion, the report noted. On balance of payments basis (excluding valuation changes), foreign exchange reserves increased by $83.9 billion during April-December 2020 as compared with $40.7 billion in the year-ago period, it said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances