Stay invested! India growth story intact, but rational yet conservative approach must

Stay invested! India growth story intact, but rational yet conservative approach must

The budget continues to build on the recent economic progress, and despite substantial provisions for necessary investments, the fiscal deficit is decreasing. It notably prioritises nine areas, which include agriculture, employment, human development, energy security, manufacturing, innovation, infrastructure, and next-generation reforms. Significant allocations and initiatives are aimed at transforming India’s education and employment landscape. Efforts … Read more

Madhya Pradesh attracted investment proposals of ₹17,000 crore at Jabalpur summit: Mohan Yadav

Madhya Pradesh attracted investment proposals of ₹17,000 crore at Jabalpur summit: Mohan Yadav

Jabalpur: Madhya Pradesh Chief Minister Mohan Yadav during the inauguration of Regional Industry Conclave, in Jabalpur, on July 20, 2024. | Photo Credit: PTI Madhya Pradesh Chief Minister Mohan Yadav on July 20 said that the State had received investment proposals worth ₹17,000 crore at his government’s investor summit in Jabalpur, which was likely to … Read more

Stock markets and precious metals are at record highs. Where are the ultra-HNIs investing their money?

Stock markets and precious metals are at record highs. Where are the ultra-HNIs investing their money?

Indian markets have witnessed a strong rally in the last year. Data available from ACE Equity shows that the benchmark BSE Sensex has surged 22% in the past 12 months until July 18. The broader market benchmarks BSE MidCap and BSE SmallCap have outperformed the Sensex and gained 62% and 60%, respectively. On the other … Read more

Softbank exits Paytm at loss of around $150 million

Softbank exits Paytm at loss of around 0 million

New Delhi: Japan’s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD 150 million, sources aware of the development said. Softbank invested about USD 1.5 billion in One97 Communications — the owner of Paytm brand — in tranches in 2017. “Softbank has exited Paytm at … Read more

Budget must address fundamental questions, why is private investment very sluggish: Congress

Budget must address fundamental questions, why is private investment very sluggish: Congress

Congress general secretary Jairam Ramesh. File | Photo Credit: PTI The Congress on July 12 said the forthcoming Budget must address fundamental questions such as why private investment is “very sluggish” and private consumption is not picking up as the party dismissed claims that economic growth is accelerating sharply and large numbers of jobs being … Read more

Augnito Announces Strategic Investment to Accelerate Digital Health Innovation – ET HealthWorld

Augnito Announces Strategic Investment to Accelerate Digital Health Innovation – ET HealthWorld

Dubai: Augnito, a leading provider of Medical Voice AI solutions, has formed an alliance with Dharmendra Ghai, a prominent digital health evangelist based out of Qatar. Ghai’s investment and expertise are set to accelerate the development and deployment of Augnito’s cutting-edge healthcare technologies, enhancing patient experiences and operational efficiency across the global care continuum. With … Read more

ET Mutual Fund Explains: How many years will your investment take to quadruple? Use Rule 144

ET Mutual Fund Explains: How many years will your investment take to quadruple? Use Rule 144

Mutual fund investors always want to know how many years it will take to double, triple or quadruple their investments. The last rule in the list is Rule 144 which tells how many years your investments will take to quadruple.This rule is double of Rule 72, that is, two multiplied by Rule 72 is equal … Read more

Rs 15,000 crore gone! Check out 3 reasons why a weaker Modi 3.0 still won’t scare FIIs

Rs 15,000 crore gone! Check out 3 reasons why a weaker Modi 3.0 still won’t scare FIIs

With FIIs having already withdrawn around Rs 15,000 crore in the last four days from India amid election related uncertainties, Dalal Street is worried if a lower-than-expected mandate to Prime Minister Narendra Modi will accelerate the pace of outflow in the coming days. As a part of funds are moving towards China and out of … Read more

We advise clients to stay invested based on strategic asset allocation rather than making decisions based on election outcomes: Rohit Sarin of Client Associates

We advise clients to stay invested based on strategic asset allocation rather than making decisions based on election outcomes: Rohit Sarin of Client Associates

It is important to maintain a strategic asset allocation rather than making investment decisions based on election outcomes, said Rohit Sarin of Client Associates, a firm that advises more than 1,000 multi-family offices and manages more than $6 billion AUM. He advises clients to allocate around 50% to large-cap stocks, with the remainder in multi-caps. … Read more

Know Your Fund Manager | Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund

Know Your Fund Manager | Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund

Let’s start with your personal story I come from a family of engineers and I surprised my parents by not pursuing my engineering academic learnings professionally. I completed my Master of Management Studies (MMS) from the BITS, Pilani. My college is renowned for its rigorous academic programs and emphasis on both theoretical and practical knowledge, … Read more