Foreign investors have poured in Rs 17,425 crore into India’s equity markets in the week of April 21 to April 25, bolstered by a combination of favourable global factors and strong domestic economic fundamentals. This follows a net investment of Rs 8,500 crore in the previous holiday-shortened week ending April 18, news agency PTI reported….
Cholamandalam Investment and Finance Company Ltd, the financial services arm of the Murugappa Group, posted a consolidated profit after tax (PAT) of Rs 1,259.54 crore for the January–March 2025 quarter, marking an 18% increase from Rs 1,065.23 crore in the same period last year.For the full financial year ending March 31, 2025, PAT rose to…
Gold ने पिछले 6 साल में शानदार रिटर्न दिया है, लेकिन शेयर बाजार ने इससे भी बेहतर प्रदर्शन किया है। कोविड से पहले, 2019 में, Sensex 39,000 के स्तर पर था, और अब अप्रैल 2025 में यह 79,000 के करीब ट्रेड कर रहा है। यानी पिछले 6 सालों में Sensex ने 104% का अब्सोल्यूट रिटर्न…
Marcellus Investment CEO Saurabh Mukherjea (File photo from Marcellus website) White-collar employment, long considered the backbone of India’s growing middle class, is undergoing a significant decline, according to prominent investment strategist Saurabh Mukherjea. The founder and chief investment officer of Marcellus Investment Managers warns that stable, salaried jobs are no longer a sustainable model for…
Ukraine’s Deputy Prime Minister, Yulia Svyrydenko, said on Friday that Kyiv and Washington had signed a memorandum as an initial step towards clinching an agreement on developing mineral resources in Ukraine, a deal promoted by US President Donald Trump. Trump, speaking to reporters at the White House, said: “We have a minerals deal, which I…
Ashneer Grover (File photo) Ashneer Grover, co-founder of BharatPe and a personal investor in BluSmart, has spoken out following the Sebi crackdown on Gensol Engineering and the sudden suspension of operations by EV cab service provider, calling himself a “victim” of the situation.Grover revealed that he had invested Rs 1.5 crore in BluSmart and Rs…
Greenfield corridor (File photo) The Bihar government is gearing up to establish special industrial zones across the state, riding high on the success of the Bihar Business Connect 2024 summit, where investment proposals worth Rs 1.81 lakh crore were received. According to Industries Secretary Bandana Preyashi, these zones will be strategically developed under the state’s…
Railway minister Ashwini Vaishnaw on Friday announced a “transformative project” to double the Gondia-Balharshah railway stretch in Maharashtra. The 240-kilometre line will be upgraded at an estimated cost of Rs 4,819 crore.“This project will play a pivotal role in enhancing passenger and freight connectivity between northern and southern India… Aspirational districts in the region will…
Investors who rebalanced their portfolios in September 2024 when markets were zooming suffered much less. Whenever markets go into a tailspin, investors start thinking about asset allocation. But it should not be that way, because periodic rebalancing in a disciplined way controls the portfolio risk and ensures stability of returns in the long term. That’s…
File photo – Piyush Goyal Commerce and Industry Minister Piyush Goyal announced on Saturday that a German chemical company will invest USD 1.5 billion in India, with a state already having identified land for the project. While the minister did not disclose the name of the company or the state involved, he mentioned that the…