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MF Platforms Faulted for Selloff Delay

MF Platforms Faulted for Selloff Delay

Rediff.com7 Jun 2024

Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.

'Second-gen promoters more open to selling out'

'Second-gen promoters more open to selling out'

Rediff.com6 Jun 2024

'There is not any negative connotation associated with it.'

Why Megacities Are Not Cooling Down

Why Megacities Are Not Cooling Down

Rediff.com5 Jun 2024

The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.

Fiscal deficit in FY24 improves to 5.6% on better tax mop-up

Fiscal deficit in FY24 improves to 5.6% on better tax mop-up

Rediff.com31 May 2024

The central government's fiscal deficit during 2023-24 at 5.6 per cent of the GDP was better than previous estimates of 5.8 per cent on account of higher revenue realisation and lower expenditure, according to official data released on Friday. In actual terms, the fiscal deficit -- or gap between expenditure and revenue -- was Rs 16.53 lakh crore, or 5.63 per cent of the GDP, which grew 8.2 per cent in 2023-24.

Soaring Vegetable Prices Add Spice To Lok Sabha Polls

Soaring Vegetable Prices Add Spice To Lok Sabha Polls

Rediff.com30 May 2024

High vegetable prices are expected to keep food inflation firm in the months to come.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'

Delhi's outskirts sizzle, Najafgarh inches to 50 deg C

Delhi's outskirts sizzle, Najafgarh inches to 50 deg C

Rediff.com29 May 2024

The Mungeshpur weather station recorded a high of 48.8 degrees Celsius, eight notches above the normal. It recorded a minimum temperature of 27.6 degrees Celsius, a notch above the season's average.

'I Want To Impact 1 Billion Lives'

'I Want To Impact 1 Billion Lives'

Rediff.com28 May 2024

'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'

New-Gen COVID Jabs Coming Soon...

New-Gen COVID Jabs Coming Soon...

Rediff.com28 May 2024

India currently does not have any XBB 1.5 variant-based vaccines available.

Neeraj Chopra clarifies: Not injured, withdrawal a precautionary move

Neeraj Chopra clarifies: Not injured, withdrawal a precautionary move

Rediff.com26 May 2024

Olympic champion javelin thrower Neeraj Chopra on Sunday clarified that he is not injured but has pulled out of the Ostrava Golden Spike meet in Czech Republic on May 28 as a precautionary measure after he felt "something" on his adductor muscles during a recent training session.

Will Anantnag See High Voter Turnout?

Will Anantnag See High Voter Turnout?

Rediff.com25 May 2024

'There is no link between Article 370 abrogation and a rise in voting percentage.'

Smartphones, India's 4th Largest Exports!

Smartphones, India's 4th Largest Exports!

Rediff.com23 May 2024

Smartphones have been a key success story of the government's production-linked incentive scheme, helping India become the second-largest mobile phone manufacturing country, after China.

How Many MF Investors In India?

How Many MF Investors In India?

Rediff.com20 May 2024

The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.

Over 30% Covaxin takers reported adverse events: Study

Over 30% Covaxin takers reported adverse events: Study

Rediff.com16 May 2024

Serious AESI, which included stroke and Guillain-Barre syndrome, were reported in one per cent of individuals, the study, which looked at long-term safety of the BBV152 vaccine in adolescents and adults, claimed.

Let's not talk about the throw, it was not up to it: Neeraj Chopra

Let's not talk about the throw, it was not up to it: Neeraj Chopra

Rediff.com16 May 2024

Neeraj Chopra won again, but not in the manner he would have liked to, and he had no qualms in admitting it.

'Election results not to have long-term effect on markets'

'Election results not to have long-term effect on markets'

Rediff.com15 May 2024

'If the majority falls short of expectations, it may prompt initial adjustments in investor sentiment.'

Is Lok Sabha Poll Impacting Markets?

Is Lok Sabha Poll Impacting Markets?

Rediff.com14 May 2024

'It is advisable to stay away from the markets for now and buy only on a dip.'

Why Has SIP Activity Jumped?

Why Has SIP Activity Jumped?

Rediff.com11 May 2024

'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

Rediff.com10 May 2024

The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million SIP accounts despite a spike in market volatility. The number of accounts opened last month was almost 50 per cent higher than the registrations seen in March. "India's MF industry has reached yet another milestone with the SIP book crossing above Rs 20,000 crore in April 2024.

Are Markets Expecting Lower BJP Tally?

Are Markets Expecting Lower BJP Tally?

Rediff.com10 May 2024

Market chatter suggests that the BJP could win fewer than 300.

No sign of slowing in demat account surge as markets attract new investors

No sign of slowing in demat account surge as markets attract new investors

Rediff.com9 May 2024

The number of dematerialised (demat) accounts required to hold shares and other securities in electronic format rose by 3.1 million in April, bringing the total tally to a fresh record of 154.5 million. Since December last year, the new additions have consistently remained above the 3 trillion mark, a sign that the stock markets continue to attract new investors despite a spike in volatility.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

Breweries stir up barrels with mercury rising

Breweries stir up barrels with mercury rising

Rediff.com6 May 2024

For all the livelong years it has been around, beer has been associated with leisure and relaxation. Of late, it has become more than just a beverage. Both amateurs and aficionados prefer an uncorked chilled beer to unwind on a sweltering hot day. As the temperature rises, the breweries gear up to capitalise on this growing trend.

Shahrukh gushes over KKR's 'Superman' and 'Fashionista'

Shahrukh gushes over KKR's 'Superman' and 'Fashionista'

Rediff.com3 May 2024

From hitting massive sixes, to scoring tons of runs, to producing breakthroughs, charismatic all-rounder Sunil Narine has been KKRs' go-to man for more than a decade in the IPL, and co-owner Shah Rukh Khan was effusive in his praise for the all-rounder, calling him the "Superman" and the real energy behind the team's success.

India's IPO market set to break May jinx in Lok Sabha election year

India's IPO market set to break May jinx in Lok Sabha election year

Rediff.com3 May 2024

'Sell in May, go away' is a popular market adage. But 'Don't sell any new shares in May' is the best kept secret of Dalal Street that's set to break. Sample this: the last four General Election election cycles starting 2004 have not seen a single initial public offering (IPO) launch during the month of May.

5 Yummy Dishes Made With Leftovers

5 Yummy Dishes Made With Leftovers

Rediff.com2 May 2024

What can you do with common leftovers -- bread, coconut chutney, dal, rice, rotis.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

AstraZeneca reaffirms Covid vaccine safety amid rare TTS concerns

AstraZeneca reaffirms Covid vaccine safety amid rare TTS concerns

Rediff.com1 May 2024

Despite these rare occurrences, the pharmaceutical company maintains that extensive clinical trial data and real-world evidence consistently support the vaccine's safety and efficacy.

IOC net profit halves in Q4 on fuel price cut, petchem woes

IOC net profit halves in Q4 on fuel price cut, petchem woes

Rediff.com30 Apr 2024

Indian Oil Corporation (IOC) on Tuesday reported halving of its March quarter net profit largely because of losses in the petrochemical business and shrinking margin after it announced a pre-election fuel price cut despite rising input costs. The net profit of Rs 4,837.69 crore in January-March compared to Rs 10,058.69 crore a year back and Rs 8,063.39 crore in the preceding October-December quarter, according to a stock exchange filing by the company.

India Inc feels the heat of West Asia conflict

India Inc feels the heat of West Asia conflict

Rediff.com29 Apr 2024

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

8 fresh forest fires in 24 hours in U'khand; Army joins IAF to douse fire

8 fresh forest fires in 24 hours in U'khand; Army joins IAF to douse fire

Rediff.com28 Apr 2024

Efforts have also intensified to extinguish the raging forest fires in the state, especially in the worst-affected areas of Nainital, Haldwani and Ramnagar forest divisions, forest officials here said on Sunday.

IAF chopper roped in to douse massive forest fires in U'khand

IAF chopper roped in to douse massive forest fires in U'khand

Rediff.com27 Apr 2024

The situation in the district worsened on Friday with the flames reaching the high court colony in the Pines area.

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Rediff.com25 Apr 2024

Escalation of the conflict in West Asia between Israel and Iran has had a direct impact on the energy markets, and more broadly on the financial markets as well as the global economy.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

Kejriwal given insulin in Tihar jail, AAP thanks Lord Hanuman

Kejriwal given insulin in Tihar jail, AAP thanks Lord Hanuman

Rediff.com23 Apr 2024

Delhi Chief Minister Arvind Kejriwal was administered a 'low dose' of insulin after his blood sugar level spiked, officials of Tihar jail said on Tuesday, with the Aam Aadmi Party commenting that it was because of the blessings of Lord Hanuman.

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

Rediff.com23 Apr 2024

Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.

Sandeep Sharma Dazzles The IPL!

Sandeep Sharma Dazzles The IPL!

Rediff.com23 Apr 2024

Returning from injury, Sandeep Sharma shone with the ball for hosts Rajasthan Royals.

Iran-Israel Flare-Up Tests India's Oil Reserves

Iran-Israel Flare-Up Tests India's Oil Reserves

Rediff.com22 Apr 2024

'Any escalation that may hit the oil production of Iran or affect the oil transit through the Strait can result in a spike in oil prices.'

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com21 Apr 2024

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.

Diabetic Kejriwal eating mangoes, sweets to get bail: ED

Diabetic Kejriwal eating mangoes, sweets to get bail: ED

Rediff.com19 Apr 2024

This is being done to make grounds for medical bail, the ED told the court

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