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In the midst of impending general elections, higher valuations, and global uncertainties, Indian money managers are unanimous in their belief that the nation’s long-term economic outlook remains favorable. Despite near-term volatility, experts like Mahesh Patil, CIO at Aditya Birla Sun […]
Sundararaman Ramamurthy, the CEO of BSE, heralded a promising era for Dalal Street, emphasizing that an impressive majority of new investors in the stock market are young and financially active. “Eighty-three percent of investors who joined in the last three […]
In a significant legal development, the central government defended the electoral bonds scheme in an affidavit submitted to the Supreme Court on October 29. Attorney General R Venkataramani argued that citizens do not possess an inherent “right to know” the […]
In a tragic turn of events on Sunday morning, three blasts rocked a Christian group’s convention centre in Kalamassery, Kerala’s Ernakulam district. One person lost their life, and approximately 40 others were injured in the incident. Union Minister Rajeev Chandrasekhar […]
In 2023, internet stocks are making a strong comeback after a subdued initial investor response to their public offerings. This resurgence is fueled by improved profitability, rising revenues, and reduced expenses. In this dynamic landscape, the spotlight is on two […]
In the realm of international crude prices, the adage “It never rains, but pours!” holds true. With a staggering 29% surge in the third quarter of 2023, the dated Brent price looms around $90/barrel, threatening to breach the $100/barrel mark […]
In the past month, financials and industrials have borne the brunt of the ongoing risk-aversion trade prompted by Foreign Portfolio Investor (FPI) selling, with indications pointing towards a continuation of this trend. Foreign investors’ over-ownership in financials, coupled with substantial […]
In recent days, India’s stock market index has experienced a nearly 5% decline, mirroring the jitteriness in global markets due to the escalating Israel-Hamas conflict. The downturn in emerging market stock indices, ongoing for about 12 weeks, intensified with concerns […]
India stood with Canada in an attempt to amend a United Nations resolution, seeking condemnation of Hamas attacks. Unfortunately, the amendment did not garner the necessary majority. In the UN session on Friday, India chose to abstain from voting on […]
In a pointed address at an event in Shirdi, Maharashtra, Prime Minister Narendra Modi criticized certain political figures, implicitly referring to Nationalist Congress Party (NCP) founder Sharad Pawar, for exploiting the cause of farmers for political gain. Modi emphasized his […]