You start hearing financial jargons and promises of the moon from him. Illustration: Uttam Ghosh/Rediff.com You have found a new adviser and you hope to build a great relationship. Let us call her/him 'Your Financial Adviser' or 'YFA' in short. You are meeting her/him maybe for the fifth time and this is how your conversation goes... YFA: Your risk tolerance is high. You: Hey dude, I am myself not sure how I will react to a 35 per cent fall in my portfolio. YFA: This time it is different. You: ... Rediff.com, 1 day ago
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The advisory follows several such 'trading leagues' coming to light, including one by a film star and her husband, wherein the general public is asked to guess returns for some particular stocks and get prizes for right bets, among others. Market regulator Securities and Exchange Board of India, on Tuesday, cautioned investors against participating in unauthorised prize money schemes and competitions linked to stock markets as also against the digital fund-raising platforms operating on the ...Rediff.com, 1 day ago
The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs Want to check whether your friend or colleague wants to return the money you had loaned him? Send an SMS to his bank with a request for payment. The SMS will be forwarded to the friend or colleague and if he approves, the bank will pay. The Unified Payment Interface (UPI), launched last week in association with 21 banks, is expected to make some cutting-edge ...Rediff.com, 1 day ago
- 'He's 35 and he's already earned enough money. He has won enough races, he has enough experience and he doesn't need Formula One to be someone anymore.' Fernando Alonso's imminent retirement from Formula One is a real possibility, world champion Lewis Hamilton said, adding that he hopes the Spaniard would decide to carry on.Former double champion Alonso produced one of the surprises in Sunday's Belgian Grand Prix by jumping from 22nd on the grid to finish seventh but on the whole has endured ...Rediff.com, 1 day ago
An index P/E of 23 implies that the market is already discounting EPS growth at 20% or more, says Devangshu Datta. A friend of mine, who is in the advisory business, was recently approached by a wealthy individual. That client had started trading in stocks around two years ago and lost about 60 per cent of the initial corpus. This client wanted to recover the lost money within the next two years. My friend refused the assignment. As he pointed out, this amounted to wanting a 150 per cent ...Rediff.com, 2 days ago
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story. IMAGE: The London Stock Exchange. Photograph: Toby Melville/Reuters. Nikhil Rathi enters San-Qi, a restaurant at the Four Seasons hotel in central Mumbai, with a big, brown umbrella because it has been raining relentlessly. As we sit down at a quiet table, the Londoner wonders aloud how Indian ministers sell ...Rediff.com, 5 days ago
IMAGE: Former Australian pacer Glenn McGrath. Photograph: Gareth Copley/Getty Images. Quick bucks made through popular Twenty20 leagues are spoiling fast bowlers across the world as they stop working hard after initial success, laments Australian pace legend Glenn McGrath. "Biggest issue which I find, probably not just in India, probably around the world is how hard they are prepared to work. "And if they do get little bit of success playing in IPL or big bash in Australia is that they get ...Rediff.com, 1 week ago
The Enforcement Directorate has registered fresh money laundering case against liquor baron Vijay Mallya and others.The fresh probe is in addition to the Rs.900 crore IDBI Bank loan default case that the agency is currently investigating.On Saturday, the ED had registered a case against Mallya and also named as accused the company United Breweries Holdings Limited to probe the "larger conspiracy" to cheat the consortium of 17 banks led by State Bank of India.Mallya, who fled to London on March ...Rediff.com, 1 week ago
5 Impossibly Cool Gadget Combos That are Absolutely Worth Your Money July 20, 2016 16:56 IST #1 Wireless Keyboard & Mouse Combo - Go wireless This wireless keyboard and mouse combo lets you operate your PC/laptop from a distance of 10 meters. The best part is ...Rediff Gadgets, 1 month ago
Robust foreign capital inflows into upbeat domestic equity markets on the back of better macro fundamentals helped the rupee to gain Rising for a second straight day, the rupee firmed up by 6 paise to close at 66.96 against the greenback due to sustained dollar selling from exporters amid weak overseas tone. The local currency largely withstood the initial implied volatility in the face of month-end demand for the American currency from importers and staged a recovery towards the fag-end of ...Rediff.com, 5 hours ago Rupee jumps to one-mth high on strong RBI macro view Rediff.com, 1 day ago Rupee slips to near 1-week low on firm US dollar Rediff.com, 2 days ago
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