A majority of big investors in the stock market continued to increase their wealth and beat the benchmark indices successfully in the past year. An analysis of the portfolios of eight top investors revealed that the value has increased in the range of 15% to 101% for seven investors this Diwali, as compared to last […]
Prize-Linked Savings: A new way of saving while winning exciting rewards
Saving and multiplying the hard-earned income is a human instinct. For decades, the earning populace continued to build assets with their long legacy of savings. People from every remote corner of the country are actively working towards building a substantial savings portfolio. Undoubtedly, having a financial cushion can help individuals bear unex
Samvat to Samvat: Investor wealth rose by Rs 46 trillion
Samvat 2079 was a year filled with global uncertainties, but the Indian market was able to absorb all the chaos and turn in decent returns of almost 10% — higher than the average inflation rate of 5.85%. The total investor wealth grew by Rs 46 trillion or 17% to Rs 320.3 trillion. It was tough […]
10-year yield falls 6 bps to close at 7.22%
Benchmark yields on Wednesday closed at 7.22%, six basis points lower than the previous close of 7.28%, as softer inflation trends locally as also in the US cheered the sentiment. The sentiment was further buoyed after a finance ministry official said there is no plan to tinker with the borrowing calendar and the fiscal deficit […]
Severe Air Pollution in North India puts public health at risk as residents choke amid toxic air quality – See photos
1/7 Since the last few days, several parts of North India including Delhi, Mumbai, and Kolkata have been engulfed in severe pollution, risking the health of the people. While pollution was recorded as very poor in the National Capital on Tuesday morning, Mumbai’s AQI level also reached nearly 200. Delhi’s nearby states including Haryana, Rajasthan,
Consumption, infra could light up Samvat 2080: Experts
After a decent show in Samvat 2079, which saw investor wealth surge by Rs 46 trillion, stock market experts are upbeat about the upcoming Samvat 2080. They believe that despite the volatile global landscape owing to ‘higher for longer’ rates, high bond yields, geopolitical conflicts and elevated oil prices, the mood may continue to be […]
Grounded Romanian plane with 275 Indian passengers leaves French airport for India
A Romanian aircraft carrying 275 passengers, mostly Indians, on Monday left for India four days after they were detained by the French authorities at an airport near Paris over suspected “human trafficking.” “The plane, which had been grounded since Thursday, departed shortly after 14:30 p.m (local time),” BFM TV, a French news broadcast television
FII, DII data: FPIs sold shares worth Rs 455 Cr, DIIs added shares worth Rs 721 Cr on November 21, Tuesday
Foreign institutional investors (FII) offloaded shares worth net Rs 455.59 crore, while domestic institutional investors (DII) added shares worth net Rs 721.52 crore on November 21, 2023, according to the provisional data available on the NSE. For the month till November 21, 2023, FIIs sold shares worth net Rs 7,675.90 crore while DIIs bought share
Sebi asks brokers to inform most important terms and conditions to clients
For ease of understanding, capital markets regulator Sebi on Monday asked brokers to inform a standard “most important terms and conditions” to the clients, which will be acknowledged by them. The form, nature of communication, documentation, and detailed standards for implementation of “most important terms and conditions or MITC” will be publishe
China approves 105 domestic games; softens stance on gaming after $80 billion rout
China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a $80 billion rout last week. The titles included those operated by Tencent Holdings Ltd. and NetEase Inc., China’s two leading game publishers that have been pummeled by Beijing’s new [&hell