India saw a record ₹26,000 crore in SIP inflows this month, but to Akshat Shrivastava, founder of Wisdom Hatch and a widely followed financial commentator, the headline figure masks a deeper issue: too much money and too few real investment opportunities. “Gold is at all-time high. BTC is at all-time high. Indian, US stocks almost … Read more
New Delhi: Suzlon Energy shares will be in focus on May 30, 2205, Friday as the renewable energy company declared a nearly five-fold jump in its consolidated net profit to Rs 1,181 crore for the Q4 of 2024-25. Suzlon, one of the world’s leading renewable energy solutions providers, had recorded a consolidated net profit of Rs … Read more
While most investors chase trends and news, smart investors patiently eyeing what might be the next big opportunity. Nemish Shah, touted as a Warren Buffett of India, for his stock picking skills, earned the title by spotting potential where most see trouble. Two of his favourite stocks are now trading at prices that should excite … Read more
The FTSE 100 lost ground on Wednesday as recent positivity wavered in the face of rising bond yields. Equities in the City were slightly higher at the start of trading but drifted throughout the session. Retail stocks, such as Sainsbury’s, were among the notable fallers as industry data showed another jump in food inflation in … Read more
Setting personal finance goals is the key to achieving financial stability and independence. By identifying key objectives, you can create a roadmap to manage your finances efficiently. Tracking your progress toward these goals ensures accountability and helps you make the necessary adjustments along the way. Here are five essential personal finance goals everyone should set … Read more
, the world’s leading maker of AI semiconductors, blew past Wall Street expectations on Wednesday(May 28), reporting record-breaking revenue and that underscored the insatiable global demand for artificial intelligence infrastructure. Despite geopolitical headwinds and a hefty $4.5 billion charge tied to US export curbs on its to , the company reaffirmed its status as the … Read more
ET Intelligence Group: A sector-wise review of the March quarter results so far reveals that the banking and IT sectors reported a muted single-digit year-on-year after a series of quarters of double-digit growth. The pharma sector, on the other hand, continued to post strong double-digit growth in revenue and profit. AutomobilesHits: clocked highest ever quarterly … Read more
Mumbai: shares soared almost 8% on Wednesday- the highest single-day gain since December 2023-after the state-run insurer’s strong guidance sparked fresh . “The improvement in value of new business (VNB) margins was a surprise for the street and the management confidence in growth led to the uptick in today,” said Saurabh Patwa, head of research … Read more
NEW DELHI: The surge in repatriation or disinvestment by investors was driven by overseas players seeking to cash in on higher valuations in India. They exited through IPOs, stock market sales, and “private arrangements,” with Singtel’s share sale in Bharti Airtel, IndiGo co-founder Rakesh Gangwal’s sale through block deals in IndiGo parent Interglobe, and Hyundai’s … Read more
Mumbai: and Special Economic Zone is set to raise ₹5,000 crore through a 15-year rated, listed, secured (NCD) issue, marking its return to the domestic bond market after over a year. The non-convertible debentures could be priced at a coupon of 7.7% to 7.75%, a bank executive said on condition of anonymity. The issue opens … Read more