BUSINESS
Axis Securities Predicts Indian Equities Could Provide Double-Digit Returns in 2-3 Years
Even in the midst of global volatility, India stands out as a favorable ground for growth, acting as a significant driving force for the country's equities in the coming years.
Unyielding FPI Selling: September Initiation, No Shift in Trend as November Progresses
Interestingly, FPIs maintain a selling stance in financials despite robust Q2 results and promising future prospects. Amidst this uncertain climate, FPIs are opting for the security of risk-free US bond yields, with the 10-year yielding approximately 4.64 percent.
Conflict of Interest? Warren Buffett's Personal Stock Moves Aligned with Berkshire's, Claims ProPublica Probe
According to ProPublica's findings, Buffett engaged in stock trades in his personal account on at least three occasions, aligning with transactions made by his company, Berkshire Hathaway. This revelation raises eyebrows, as Buffett has consistently emphasized the avoidance of such practices due to potential conflicts of interest.
Dhanteras Witnesses Robust Demand for Gold and Silver Ornaments; Traders Anticipate Sales to Surpass Last Year's Levels
The softening of gold prices has instilled confidence among traders, who are optimistic about surpassing last year's sales figures.
Byju's Resolves Dispute with Davidson Kempner as Ranjan Pai of Manipal Acquires Debt
Ranjan Pai will collaborate with Byju’s in steering Aakash Education Services forward.
Nifty Registers a 9.4% Growth in Samvat 2079
"As we get into Samvat 2080, we believe markets would continue its outperformance on the back of strong earnings and a healthy economic outlook," he said.
India's Industrial Production Surges by 5.8% in September
The manufacturing sector, crucial for generating employment opportunities for recent engineering and college graduates, exhibited a more moderate growth of 4.5 percent.
Arrest Warrants for Nirav Modi and Kin Not Executed Since 2018; Court Decrees Separate Trial
Nirav Modi is currently facing extradition proceedings in the United Kingdom, while Neeshal Modi holds Belgian citizenship.
October Records Third Highest Monthly Influx into Equity Funds
Contributing to this influx, small- and mid-cap categories saw substantial contributions of about Rs 7,000 crore,
RBI Permits Non-Resident Indians (NRIs) to Invest in Sovereign Green Bonds
“It has now been decided to designate all Sovereign Green Bonds issued by the government in the fiscal year 2023-24 as ‘specified securities’ under the FAR (fully accessible route),” the RBI circular states.
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