These ports had handled 705 MT, 699 MT and 679 MT cargo in 2019-20, 2018-19 and 2017-18, respectively. Hit by disruptions caused by COVID-19, India’s 12 major ports witnessed a 4.59% fall in cargo handling to 672.60 million tonnes (MT) in the just-concluded financial year, according to ports’ apex body Indian Ports Association (IPA). These ports had handled 705 MT, […]

Ritesh Agarwal, the founder and CEO of OYO on Wednesday denied reports that the hospitality start-up has filed for bankruptcy. The reports followed a petition admitted in NCLT for ₹16 lakh in contractual dispute against one of the subsidiaries of OYO. Reacting to a series of tweets and a document circulated on social media, Mr Agarwal in a tweet said, […]

Financial planning is not just about dry numbers, it is about human emotions “As a family, we decide jointly our financial goals and how to achieve them,” says Radhika Desai, a homemaker from Thane. “Ever since it has been made a family activity, everyone is enjoying. They feel committed and want to participate. There is much more enjoyment in the […]

IRDAI has asked insurers to make special arrangements to facilitate eligible category among their policyholders to get vaccinated as a group or individually. Nudging insurance companies to join the COVID-19 vaccination drive and create awareness among policyholders, the Insurance Regulatory and Development Authority of India (IRDAI) on Friday directed them to make special arrangements to facilitate inoculation of the eligible […]

‘Consumer durables, QSRs see growth’ The retail industry’s business is on the brink of full recovery as it achieved 93% of pre-COVID sales in February, according to a report. Segments such as consumer durables and quick service restaurants (QSR) have shown growth of 15% and 18% respectively in February 2021, the report from the Retailers Association of India (RAI) said. […]

Rules mandate investor compensation Markets regulator SEBI on Tuesday put in place a uniform policy to streamline the reconciliation process among intermediaries with regard to initial public offers as well as a new mechanism to compensate investors. The new framework would address issues related to delays in receipt of mandate by investors for blocking of funds due to systemic issues […]

It is heartening to know that you have different time frames in mind for your goals. Q. I am 26 and a soldier. I earn ₹35,000 per month. I wish to begin investing. How should I start? Kahinur Das A. First, thank you for your service. If you are a fresher to investment, you can start with simple products such […]