New Delhi: TVS Motor Company expects the scooter segment to grow further and account for around 40 per cent of the overall two-wheeler sales, its CEO KN Radhakrishnan said on Thursday. The company, which on Thursday introduced the new Jupiter 110, said it has outpaced the industry in scooter sales with a compound annual growth … Read more
An investor before choosing a mutual fund scheme to invest always looks for the past performance of that scheme. Ever wondered why the returns are expressed in different nomenclatures? Why are they written as CAGR, IRR or XIRR? ETMutualFunds made it easy for the first time investors to understand what these nomenclatures mean and how … Read more
Interim budget does in no way disturb my thesis – Nifty of 50,000 by 2030. This is more than double the current Nifty level of 22,000. However, over seven years, the CAGR (compound annual growth rate) works out to only 12%. Budgets, such as this one, gently nudge things towards my Nifty target. How? Considering … Read more
