Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & … Read more
Forty years ago Britain was hurtling towards the pivotal industrial struggle of the postwar era. The National Coal Board, backed by Margaret Thatcherâs government, wanted to close pits deemed to be uneconomic. The leadership of the National Union of Mineworkers opposed the plan. The scene was set for a strike that went on for a … Read more
Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & … Read more
Two vast shipping tankers stocked with liquefied natural gas (LNG) will glide up the Milford Haven Waterway this week to unload their cargo at the South Hook gas terminal in west Wales. As the Wilpride and Stiklestad â arriving from the US and Norway respectively â dock, energy industry leaders will meet 200 miles away … Read more
India’s market capitalisation can grow from $4.8 trillion now to $50 trillion in the next 20 years, National Stock Exchange (NSE) CEO Ashish Chauhan has predicted. If India must reach a market cap of $50 trillion in next 20 years, it will come on the back of tech-driven startups that will lead wealth creation, National … Read more
There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank’s rights issue’s ex-date is fixed this week. On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and … Read more
Tax season often brings a frantic rush of investments in tax-saving instruments, but a strategic approach to tax planning can significantly enhance your financial health. This detailed guide will delve into incorporating tax planning into your broader financial strategy, which can result in improved investment choices and, ultimately, wealth accumulation. Understanding the Integration of Tax … Read more
As the results for the Oct-Dec quarter are unveiled, insights from management commentaries across various sectors provide valuable indicators of the Indian economy’s health. Businesses serve as the backbone of the economy, and their performance reflects the overall economic landscape. By examining key sectors and their respective performances, we aim to share a comprehensive overview … Read more
OMAHA: Warren Buffett credited his longtime partner – the late Charlie Munger – with being the architect of the Berkshire Hathaway conglomerate he’s received the credit for leading and warned shareholders in his annual letter not to listen to Wall Street pundits or financial advisors who urge them to trade often. Buffett also recounted how … Read more
Around this time in 2022, Delhi-based Shalini Narang found herself with some extra cash and didn’t quite know what to do with it. So the 53-year-old homemaker rang up her trusted advisor, Palak Narang, who suggested she invest in some mutual funds (MFs). Hesitant at first, Shalini quickly came around when she saw Palak’s dizzying … Read more
