Nikunj Saraf, Vice President Choice Wealth, answers your queries.
India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.
Former India opener Gautam Gambhir was on Saturday appointed mentor of the new Lucknow franchise for IPL 2022.
'He is getting better and a player like him is probably just one game away from getting his natural way and we have seen it in the past. If I have to put everything together, I am confident of his ability and there is no doubt he will be a valuable asset.'
Tikait also said if the government continues to dismantle the resources, one day India will be known as 'Mazdoor colony' and only labour class (will be left) in the country.
When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC's m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. LIC also lags behind its Indian listed peers in terms of profit and networth.
Putin also told his French counterpart that Kyiv does not comply with the agreements reached with Moscow on the evacuation of civilians from combat areas, the Kremlin said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While Australia scored a six-wicket win over the West Indies, Sri Lanka beat Scotland by 40 runs in two Group D matches.
Ajit Mishra answers reader queries on the stock market.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A round-up of results from the Ranji Trophy matches played on Sunday.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced the buyout of British battery maker Faradion Ltd for an enterprise value of 100 million, as the oil-to-retail conglomerate continued with the acquisition of end-to-end technology for its multi-billion-dollar clean energy portfolio. Reliance New Energy Solar Ltd (RNESL), a unit of the nation's most valuable company, signed definitive agreements to acquire 100 per cent shareholding in Faradion for an enterprise value of 100 million and will invest an additional 25 million as growth capital to accelerate the commercial roll-out, the company said in a statement. Based out of Sheffield and Oxford in the UK and with its patented sodium-ion battery technology, Faradion is one of the leading global battery technology companies.
Britain said it had imposed asset freezes on Chelsea soccer club owner Roman Abramovich
Gibson is more than familiar with cricket in Bangladesh
India's most valuable company Reliance Industries was once fined for producing more than its licensed capacity, its owner and richest Indian Mukesh Ambani said on Monday as he pitched for a push to manufacturing to make the country 'Aatmanirbhar' or self-reliant.
Defending champions West Indies will be desperate to address their batting woes and keep their slim semi-final hopes alive when they take on an inexperienced Sri Lanka in the T20 World Cup on Thursday.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
The combined market capitalisation of the top 873 family-owned companies was down 26.3 per cent year-on-year (YoY) to Rs 61.8 trillion at the end of trading on Tuesday. It had grown 6 per cent in FY19 and nearly 20 per cent in FY18.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Star Health and Allied Insurance's Rs 7,250-crore initial public offering (IPO), the third largest this year and eighth largest ever, just about managed to make it despite a poor response from investors, garnering just 79 per cent subscription, forcing the investment bankers to prune offer for sale (OFS) component. This is the second large offering after digital payments major Paytm this year to receive a lukewarm response from investors, a sign that despite the IPO frenzy investors are discerning when it comes to pricing. As Star Health didn't meet the profitability criteria, its IPO required a mandatory 75 per cent subscription from qualified institutional buyers (QIB).
Prime Minister Narendra Modi will participate in the first in-person summit of the Quad leaders in Washington on September 24 that is expected to broadly focus on contemporary global challenges including ways to ensure a free, open and inclusive Indo-Pacific.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The local people of Model Veng have identified a 500m stretch along the banks of the Tuichang, where the fish are believed to have their spawning ground, where they set up a 24-hour patrol, taking different shifts, to prevent overfishing.
The vintage aircraft is expected to cover approximately a distance of 27,000 miles across 29 countries with a stopover at 100 different locations.
Justice Brijesh Sethi held that the 2018 amendment to the Prevention of Corruption Act relating to Section 13 (1)(d) would not come to the rescue of the acquitted accused in this appeal.
Featuring Dale Steyn, Mohammad Siraj, Yuzvendra Chahal.
'You can't just have one single player who is individually doing well and be able to win the World Championship or the Olympics.' 'In the Thomas Cup, you need a group of players performing at the same time at their highest level.' 'So that shows how difficult it is, and what a great achievement that is for a country like India to be able to win it.'
Sri Lanka will have to produce something special to halt England's juggernaut at Sharjah.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
'We are recreating the biggest sports rivalry in the world, which is Indians versus Pakistanis right here in the United States.'
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
The Germans will play their group matches in Munich
Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an Indian entity. The oil-to-telecom conglomerate plans to use the proceeds of the three tranche issues to retire existing borrowings. The issue was "nearly 3 times oversubscribed with a peak order book aggregating around $11.5 billion," the company said in a statement. This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd's $2.2 billion US dollar bonds issue of 2014.