In the world of investment, optimism is often touted as a key ingredient for success. The belief in a brighter future can drive investors to take risks, seize opportunities, and weather market volatility with resilience. However, while optimism can be powerful, investors must balance it with a healthy dose of realism and data driven analysis….
Gold prices are unlikely to see a correction in the short term, thanks to the purchases made by central banks of different countries and the present geo-political uncertainties, Sachin Jain, Regional CEO, India, World Gold Council (WGC) has said. Also read: RBI moves 100 tonnes of gold back home amid global uncertainty He attributed one…
Shares of Stanley Lifestyles on Friday made a decent debut at the bourses by gaining 35 per cent over IPO price. Against the IPO price of ₹369, the stock was listed at ₹499 on the BSE, a premium of 35.23 per cent, and at ₹494.95 on the NSE, a premium of 34.13 per cent. The stock…
Union Budget 2024: The Union Budget 2024 will likely be presented by Finance Minister Nirmala Sitharaman in the Parliament on July 22, News18 reported, citing government sources. The Economic Survey document is likely to be released on July 3, according to the report. This will be the full Union Budget announcement by the government. An…
State Bank of India (SBI) said it had raised ₹10,000 crore at a coupon rate of 7.36% through its fifth infrastructure bond issuance. “The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore,” the bank said…
Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping—with bottlenecks also appearing in other Asian and European ports. Retailers, manufacturers and other industries that rely on massive box ships are again battling surging rates,…
The other day, I took my little one to play in a nearby garden. Kids being naturally curious, he bombarded me with questions about the trees, plants, flowers, and the variety of flora we encountered. As we wandered among the blooms, his questions sparked a chain of thought in my mind. Reflecting on his inquiries,…
The RBI decision to bring back 100 tonnes of gold reserves from the UK to India reflects the confidence of the central bank in managing the reserves dynamically amid the growing global economic uncertainty. The gold purchased by RBI in the UK are usually stored in the Bank of England vault and it is also…
BofA Sec on Banks Buy on HDFC, ICICI, Axis, Kotak Valuations & Consensus EPS Momentum Remain Near-term Tailwinds Big 4 Private Banks’ Outperformance Expected To Continue Through Q1FY25 Results Big 4 Private Banks’ Outperformance Expected Given Stable Outlook For Growth & NIM Positioning & Flows Remain Supportive Any Revival In EM Flow Will Benefit Large…
Finance Minister Nirmala Sitharaman is likely to conduct the upcoming pre-budget consultations with industry stakeholders on Thursday, June 20, 2024. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources told news agency PTI that the pre-budget consultation with the finance minister would be preceded…
