Foreign portfolio investors (FPIs) sold shares worth Rs 20,170 crore ($2.4 billion) recently. This marked the fifth-highest weekly outflow from overseas funds since the beginning of 2008 and the largest since the last week of March 2020. Due to the Covid scare, FPIs had sold shares worth Rs 21,951 crore during that week, causing the market to decline by nearly 20 per cent.
Manika Batra became the first Indian table tennis player to reach the round of 16 in the Olympics singles competition after thrashing higher-ranked Prithika Pavade of France in Paris on Monday.
Earlier, deputy Chief Minister DK Shivakumar, who is also the state party chief, also had separate meetings with Parameshwara and Jarkiholi.
Other captains have had their fair share of sleepless nights but following Kevin Pietersen's sudden exit, England skipper Andrew Strauss can be forgiven for wondering what he has done to be denied a moment of tranquility.
Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.
Former India captain Sourav Ganguly emphasised the importance of carefree batting in T20s.
Do not, however, enter expecting quick returns.
The recent stimulus measures announced by China have seen most analysts sit up and take notice.
They are learnt to have taken stock of the prevailing political situation following the exit polls predicting a big win for the BJP-led alliance, and the opposition Indian National Developmental Inclusive Alliance (INDIA)'s series of meetings rejecting the forecast and sticking to its claim that the Prime Minister Narendra Modi-led government is on its way out.
'Every Haryana assembly seat has its own unique problems to earn victory for a political party and you as a politician need to know what are those issues and tackle it.'
Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.
The company also needs to get its power plants going if it wants to reduce its debt burden.
Some of Independents claimed that the Congress and the BJP have been in touch with them.
'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'
Investors prefer exits with lower valuation to staying invested for a longer term
'Without doubt, India's success story will come up for close scrutiny when Modi's prime ministerial legacy is summed up in history.' 'A failure is simply unthinkable.' 'And the success will largely depend on national unity,' notes Ambassador M K Bhadrakumar.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
'There is some deep rot that has set in the Congress party. This requires an organisational surgery.'
'PM Modi would have swept the elections in Kashmir after notebandi but then he scrapped Article 370 so all his good work went down the drain.'
Veteran Acantha Sharat Kamal raised his game just in time to help the Indian men's team escape unscathed against Kazakhstan at the Asian Games.
'China did not expect India to show such strategic resolve in defending its territorial integrity.'
A wave of high-profile player releases, including four prominent captains -- Shreyas Iyer, K L Rahul, Rishabh Pant, and Faf du Plessis -- has reshaped the landscape of the league.
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
Long-term investors should never stop their SIPs during market corrections.
Vinesh had failed to win a medal in her two previous Olympics appearances.
Vinesh has been training with Woller Akos, her personal coach from Belgium and has also worked with South African mental conditioning coach Wayne Lombard.
With days to go before the new tax regime around crypto assets kicks in, several investors are reportedly either booking profits, rejigging their portfolios or moving their crypto assets to their private wallets outside of India. Starting April, gains from trading in crypto and other virtual assets like non-fungible tokens (NFTs) will be taxed at a flat 30 per cent, as announced in the Union Budget. And, 1 per cent of tax will be deducted at source (TDS) on every transaction involving crypto and other virtual assets. The new tax regime also bars investors from offsetting losses from one crypto asset (such as Bitcoin) against gains from another (say, Ethereum).
Second seed Aryna Sabalenka was sent crashing out of the French Open after a shock 6-7(5) 6-4 6-4 quarter-final loss to Russian teenager Mirra Andreeva
Investors need to get the timing of entry and exit right to make money in thematic and sector funds, suggests Sarbajeet K Sen.
How wonderful it would be for all of us to watch the Oscar ceremony on March 2, 2025 and watch AWIAL win an Oscar, notes Aseem Chhabra.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Paytm, the country's leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders. Also, the company's founder and chief executive officer (CEO) Vijay Shekhar Sharma has decided to oversee the day-to-day operations with all the major verticals reporting directly to him now. "The thing on top of everyone's agenda is getting the core businesses back on track," a person in the know said.
Rahul Dravid's tenure as India Head Coach, which ended gloriously with the T20 World Cup triumph in Barbados on Saturday, will remain a case study on how to be stately and understated at the same time in modern-day cricket coaching.
Discussion has started between blank check companies in the US and Indian PEs on possible deals in certain key sectors.
The future of Rishi Sunak as Britain's Prime Minister and leader of the Conservative Party hangs in the balance as polling booths opened across the United Kingdom on Thursday, with millions expected to turn out to cast their votes in the general election.
Tata Motors is likely to exit the S&P BSE Sensex and the Nifty50 indices once the demerger process of its commercial vehicle (CV) and passenger vehicle (PV) businesses is complete, analysts at Nuvama Institutional Equities said. They have compared the development with Reliance Industries (RIL) and Jio Financial Services, which got listed separately and eventually (in the next few days) got excluded from the domestic indices.
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
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