India claimed the team dressage gold in equestrian sport at the Asian Games in Hangzhou on Tuesday, breaking a 41-year-old jinx at the continental event.
The earnings of India Inc hit a record high in the 2022-23 (FY23) January-March quarter (fourth quarter, or Q4), compared with their poor showing in the previous two quarters of the financial year. The rise in earnings, however, is exclusively led by banking, financial services, and insurance (BFSI) companies. A better-than-expected showing by banks and non-bank lenders in Q4FY23 more than compensated for the earnings contraction in the non-BFSI space.
The Stardust 50th Anniversary Honours awards night saw Bollywood stars bring their fashion A-game to the red carpet.
Companies in the small-cap universe are having a dream run - the Nifty Smallcap 100 index has shot up more than 25 per cent on a year-to-date basis, even as the benchmark Nifty is up 7 per cent. This is the best start for the index since 2017 when the Nifty Smallcap 100 index surged 32.3 per cent between January 1 and May 10. However, in terms of outperformance to the Nifty, this year's performance is the best in more than a decade. A combination of sectoral tailwinds and lack of institutional selling pressure has helped small companies escape from the correction triggered by the second wave of Covid-19.
Bollywood's stars wear their most glamorous faces at awards night.
With an 11% return in 2022, gold was the best-performing asset class, beating equities, debt, real estate etc, by a considerable margin. Rishi Piparaiya explains why gold needs to be a part of our investment portfolio.
Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. The National Stock Exchange Nifty has gained 20 per cent in the past year; mid-caps (up 33 per cent), small-caps (up 31 per cent), and micro-caps (up 44 per cent) have done better. Several factors have precipitated this rally.
Gold burnished its image as the go-to asset class during turbulent times. However, investors seemed to have missed the bus. Net inflows into gold exchange-traded funds (ETFs) plunged to a four-year low of Rs 653 crore in 2022-23 (FY23), even as gold emerged as the top-performing asset class.
There isn't much Budget could do directly to help sectors.
After 16 days of intense efforts by multiple agencies, all 41 workers trapped in Uttarakhand's Silkyara tunnel in Uttarkashi have safely been evacuated on Tuesday evening.
'We suggest an equity strategy of 5% to 10% exposure to cash, 5% to Gold ETF, close to 50% to Sensex/Nifty/large mid-cap stocks.'
September 13 is the last date to apply for the Common Admission Test 2023. I always recommend to do the registration early on.
Go through the form carefully and be sure about all the data that you are intending to fill in, advises Aashish Sood.
The early bird results for the January-March quarter of 2022-23 (Q4FY23) show a pick-up in earnings growth, despite a slowdown in revenue growth, thanks to a decline in input costs and lower provisioning for bad loans by banks. The combined net profit of 66 companies that have, so far, declared their quarterly results was up 15.2 per cent year-on-year (YoY) in Q4FY23, an improvement from 4.3 per cent YoY growth in Q3. Net sales growth of these companies, however, slowed down to 11.5 per cent YoY in January-March 2023, the slowest rate in eight quarters.
In the last edition in 2014, India won 33 medals (3 gold, 14 silver, 16 bronze).
Neeraj Chopra's rise to stardom from a Haryana village has been nothing short of spectacular.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
Given the economic trends, it might make sense to allocate some savings to gold.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Summary of sports events and persons who made news on Sunday
Aseem Chhabra gives us the top films that enriched his year.
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
Total holdings of the top eight gold ETFs have risen by 3.8 million ounces so far this year
'The only violence I have had in any film of mine is a slap.' 'When Nikhil narrated the film to me, I was blown away.' 'I was literally screaming out of my chair.'
Olympic champion Neeraj admitted that his comeback from outside the medal position midway into World Athletics javelin throw final was 'challenging, but he knew that a good throw was around the corner.
The celebration of this historic feat was not yet over when Indian shuttlers scripted yet another jaw-dropping show in Birmingham, returning with six medals, including three golds, a silver and two bronze medals in August.
The nominations for the Golden Globes have been announced.
Boseman, who died in August at the age of 43 following a four year-long private battle with colon cancer, won the award in the Best Performance by an actor in a Motion Picture category.
The Jaguar F-Type Coupe is an extremely fun car to play with but at the same time you have to be careful with its tail happy nature.
There are many ways to improve a bike's power character. Here are some sure shot ways
India is still the best story in major emerging markets from a 5-year perspective.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
Consumption of gold is the highest among middle-income households - those with annual income between Rs 2 lakh and Rs 10 lakh - who account for an average of 56 per cent of gold sales over the last five years, according to a nationwide survey conducted by India Gold Policy Centre (IGPC) at the Indian Institute of Management, Ahmedabad (IIM-A). "Per capita consumption is highest among the rich, but total volume still rests with the middle-income group. "With increasing income, there is an increasing propensity to consume gold, although the share of gold in the portfolio does not increase with the same proportion of income," the survey report says.
Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.
Ageing like fine wine, Sharath Kamal has set his sights on yet another shot at the Olympics, his confidence boosted by a grand showing at the Birmingham Commonwealth Games.
'It will be best for investors to have a systematic investment plan in mid-cap and small-cap funds with a three-/five-year horizon.'
Rahi Sarnobat beat all expectations to become India's first woman shooter with an Asian Games gold and the low-profile wushu players delivered their best ever performance even in defeat on another high-yielding day for the country at the regional showpiece.
The 27-year-old has also qualified for the CWG in the 49kg weight category on the basis of her Commonwealth rankings.
'If I've been nominated alongside these greats, it means something.'
Sukanya Verma applauds the man, the movies and the many, many, MANY memories he's created on big screen through 80 Amitabh Bachchan moments.
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