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, 4 weeks ago
'His assignment as the Ambassador to the UAE was particularly appreciated by the Emiratis and Indians alike. He retires in a trail of glory,' says Ambassador T P Sreenivasan.Illustration: Uttam Ghosh/Rediff.com Ambassador T P Seetharam and I are not the only pair of brothers who served in the Foreign Service, but we are unique that he is more than 12 years younger to me and he is retiring exactly 12 years after I left the service. I recall with pride the day he was born and today I ...Rediff.com, 3 weeks ago
After Urjit Patel’s appointment as RBI governor-designate, the bond market witnessed a sell-off, as it became evident that there won’t be any significant change in stance With an average annualised return of 10 per cent, income fund investors have had a couple of good years. However, considering that Consumer Price Index-based inflation is currently closer to the upper end of the Reserve Bank of India’s (RBI’s) target and the new governor is likely to continue to keep a ...Rediff.com, 4 weeks ago
Despite the government crackdown on Web sites advertising escort services, the Internet leaves enough wiggle room for debauchery to thrive, reports Dhruv Munjal.Illustration: Uttam Ghosh/Rediff.com Priya Kumar leads a life that most will reject with unapologetic derision. In the last two years, she has made her peace with the scornful condemnation that comes her way almost routinely. "Very few people in my life know about this. But those who do, the ridicule (from them) is sometimes impossible ...Rediff.com, 1 month ago
Harshala Chandorkar, chief operating officer, CIBIL, explains your rights and duties as a responsible consumer Finance is the fundamental requirement for individuals and enterprises to grow. Today we have the freedom and opportunities to access finance for our goals and economic development in the form of loans and credit cards. Banks and lending institutions are willing to provide loans to individuals to fund their education, buy a house, car or even a holiday overseas. A vibrant lending ...Rediff.com, 1 month ago
In an online chat with readers on August 10, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript. paresh parikh: Hi kindly suggest if I should hold or redeem my investments done in UTI Midcap and UTI Opportunities fund? Vidya Bala: Paresh Parikh, hold to UTI Midcap it is high risk but doing well. UTI Opportunities - see for 2 more quarters. If it still underperforms, exit Amit Sinha: Hi madam It is told that to ...Rediff.com, 1 month ago
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