An "all-party" interim government headed by Prime Minister Sheikh Hasina was installed in Bangladesh on Monday to oversee the upcoming general elections despite boycott by the main opposition Bangladesh Nationalist Party which termed the move as "farce", heightening tension in the country.
India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.
In the same case, her son Tarique Rahman and four others have been sentenced to 10 years in jail.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
World number three Karolina Pliskova overcame a stern test to reach the semi-finals of the BNP Paribas Open on Wednesday after edging French Open champion Garbine Muguruza 7-6(2), 7-6(5) at Indian Wells.
Rafael Nadal toppled big-serving American Reilly Opelka to remain perfect on the year while unseeded Serbian Miomir Kecmanovic stunned world number six Matteo Berrettini.
IMAGES from matches played at the BNP Paribas tennis tournament played in Indian Well, California, on Thursday
Andy Murray overcame a slow start and a third set service break to beat Taro Daniel 1-6, 6-2, 6-4 in the first round of Indian Wells on Friday and notch his 700th career win.
Prime Minister Narendra Modi has positioned himself as a credible partner for Bangladesh. He has scored by getting West Bengal Chief Minister Mamata Banerjee to travel with him to Dhaka, says Srinath Raghavan
Raymond Moore has stepped down as CEO and tournament director of the BNP Paribas Open following controversial comments he made about women's tennis, the tournament announced on Monday.
Osaka, 21, said she lacked maturity when as a relative unknown player she won the tournament last year to kick off her meteoric rise through the rankings.
A senior leader of Bangladesh's main opposition Bangladesh Nationalist Party has gone missing since Tuesday night, prompting the authorities to order a massive manhunt.
After eight months of consecutive outflows, equity mutual funds witnessed a net inflow of Rs 9,115 crore in March amid correction in the stock market. Barring multi-cap and value fund categories, all the equity schemes saw inflow last month, data from the Association of Mutual Funds in India (Amfi) showed on Thursday. However, investors pulled out Rs 52,528 crore from debt mutual funds last month, after investing Rs 1,735 crore in February, owing to advance tax payments and other year ending commitments. Overall, the mutual fund industry witnessed a net outflow of Rs 29,745 crore across all segments during the period under review, compared with a net inflow of Rs 4,090 crore in February.
India's Sania Mirza and her women's doubles partner Barbara Strycova crashed out of the BNP Paribas Open after going down in straight sets in the quarter-finals at Indian Wells.
ICICI Bank was the top gainer in the Sensex pack, rising around 4 per cent, followed by UltraTech Cement, Sun Pharma, Bharti Airtel, HUL, SBI, L&T, Axis Bank and IndusInd Bank. On the other hand, Reliance Industries, Bajaj Finserv, HCL Tech and HDFC were among the laggards.
The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,197 crore a year ago, a regulatory filing said. Infosys' revenue grew 22.9 per cent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added.
Big-serving Milos Raonic fought back from a set down to upset Rafa Nadal 4-6, 7-6(10), 7-5 in a pulsating quarter-final at the BNP Paribas Open on Friday.
The S&P BSE Sensex shed 112 points to close at 27,167 and the Nifty50 dropped 35 points to finish at 8,336.
Paula Badosa survived a stiff challenge from Victoria Azarenka in the Indian Wells final, while Cameron Norrie battled back to defeat Nikoloz Basilashvili.
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
Badosa beats Fernandez; Swiatek, Halep storm into quarter-finals
According to the latest India market outlook by BNP Paribas, investors are looking at stock ideas that would deliver good returns in the long term even as the Indian markets battle short-term headwinds.
Nick Kyrgios needs to improve his fitness to have a chance of winning Grand Slams, former world number one Jim Courier said on Wednesday.
M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes.
The Women's Tennis Association, which has turned to Asia to grow its sport, is unclear how the International Tennis Premier League is going to pan out. 'We are still learning about it, just as the world and the media is,' said Melissa Pines, Vice-President, Asia-Pacific, on the sidelines of its new announcement to bring the season-ending BNP Paribas WTA Championships to South East Asia for the first time this year.
SBI Life Insurance is a joint venture between SBI and BNP Paribas Cardif.
Swiss seventh seed Belinda Bencic was stunned by Slovakia's Magdalena Rybarikova while former champion Ana Ivanovic was also sent packing in third-round action at the BNP Paribas Open in California.
Fourth seed Andy Murray erased memories of early losses at Indian Wells by storming into the BNP Paribas Open third round with a ruthless 6-1, 6-3 victory over Canadian Vasek Pospisil on Saturday.
Roger Federer will make his only appearance on clay this season at Roland Garros, his agent said. The Swiss skipped the entire claycourt season in 2017 and 2018 and last year played only two tournaments on the surface before arriving in Paris for the French Open.
Investors must, however, be prepared for volatility in ELSS, cautions Sanjay Kumar Singh.
The incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
Main opposition Bangladesh Nationalist Party chief Khaleda Zia on Monday rejected her arch-rival Prime Minister Sheikh Hasina's proposal for an all-party government to oversee Bangladesh's upcoming election and floated a formula for creating a neutral poll-time regime.
'Slower-than-anticipated recovery can be a bigger risk this time than a liquidity-driven event -- at least for India.'
Under the lights on the stadium court, Williams smashed 39 winners to defeat Azarenka 7-5, 6-3 in a rematch of the 2016 final, which the Belarusian won.
With the government planning to mop up Rs 24,000 crore (Rs 240 billion) through disinvestment this financial year, investors have once again become interested in public sector companies.
Bangladesh's violence-plagued general elections, being boycotted by opposition Bangladesh Nationalist Party-led alliance, on Sunday witnessed low turn out in initial hours amid heavy security, as voters preferred to stay inside home fearing violence that has left six persons dead in last 12 hours.
Investors who cannot manage an asset-allocated portfolio or rebalance regularly, or do not have an advisor, may opt for these funds, but only after a detailed study of their strategy, suggests Sanjay Kumar Singh.
ICICI Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, HDFC twins, SBI, L&T, ONGC and Infosys. On the other hand, Sun Pharma, Asian Paints, Nestle India, UltraTech Cement and HUL declined. NSE Nifty rose by 79.60 points or 0.67 per cent to 11,914.20.
It is advisable to avoid a fund until it develops a track record.
