Damodaran found that the S&P 500 moved about 0.5% when the 10-year yield changed by more than three basis points. Damodaran noted that the 10-year Treasury yield rose from 4.18% to 4.75%, while longer-term yields crossed 5%. He said higher rates do not always hurt stocks because companies can adjust their cash flows. Damodaran said … Read more
Bank employees across India held a one-day strike called by the UFBU, demanding a five-day work week and resolution of other issues. Unions have threatened to intensify protests with more strikes if the government fails to approve their demands. Bank employees and officers across the country on Friday observed a nationwide one-day strike called by … Read more
The BJP has nominated former administrative officer Debasish Sharma for the Nagaon Lok Sabha by-election in Assam, scheduled for October 6, 2026. The party is holding executive meetings to discuss strategies for the upcoming poll and other elections. BJP Names Candidate for Nagaon By-poll The Bharatiya Janata Party’s Central Election Committee on Friday has approved … Read more
Union Finance Minister Nirmala Sitharaman met Russian First Deputy PM Denis Manturov in New Delhi to discuss deepening economic ties. Both sides agreed to advance talks on a Bilateral Investment Treaty (BIT) and enhance financial services cooperation. Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday met First Deputy Prime Minister of the Russian … Read more
A 26-year-old man seeking infertility treatment was found to have a uterus and fallopian tubes, a rare condition called PMDS. Doctors also found both his testes were undescended, with one showing a pre-cancerous change requiring surgery. A 26-year-old man who approached RG Hospitals, Rajouri Garden, for infertility was found to have a uterus and fallopian-tube-like … Read more
Singer and composer Jay Z surprised his fans by bringing out actor-singer Justin Timberlake during his performance in Paris. They performed a rare rendition of ‘Holy Grail’ from Jay-Z’s 2013 album and ‘Until the End of Time’. Singer and composer Jay Z surprised his fans by bringing out actor-singer Justin Timberlake during his performance in … Read more
BJP spokesperson Sudhanshu Trivedi says India has emerged as an important BRICS member under PM Modi’s leadership, transforming from a ‘weak’ member before 2014. He highlighted the significance of the summit amid global changes and conflicts. Bharatiya Janata Party (BJP) National Spokesperson and Rajya Sabha MP Sudhanshu Trivedi on Friday highlighted that India has emerged … Read more
A report by Equirus Securities suggests Indian OMCs could face margin pressure if crude prices stay high without retail price hikes. It ranks HPCL as most vulnerable among majors, followed by IOCL and BPCL, due to varying business structures. Indian oil marketing companies (OMCs) could face mounting pressure on their margins and balance sheets if … Read more
The National Stock Exchange’s initial public offering (NSE IPO) will not be India’s largest public offering, as the offer-for-sale (OFS) size was reduced by nearly 15 per cent to up to 12.64 crore equity shares from the earlier proposed 14.89 crore equity shares. The exchange on Friday fixed a price band of Rs 1,700-1,785 per … Read more
The ‘4% Rule’ helps you decide how much money you can withdraw from your retirement corpus. In your first year of retirement, you should withdraw only 4% of your total retirement fund. For example, if you have Rs. 1 crore at retirement, you should take out Rs. 4 lakh for your first year’s expenses (about … Read more