MUMBAI: A rally on Wall Street, rate cut hopes in the US and in India, and strong buying momentum by domestic funds all pushed the sensex above the 86k mark for the first time on Thursday morning. However, profit-taking at higher levels brought the index down from the intraday peak of 86,056 points to close…
Crypto’s role in diversified portfolios: managing volatility, setting clear mandates, risk discipline, and the case for active investing and broader diversification. Source link
Mahindra & Mahindra’s Rajesh Jejurikar NEW DELHI: As relations between India and China seem to be mending on the business front, local auto major Mahindra & Mahindra has said Indian carmakers are open to competing with Chinese brands, provided they “compete on equal terms” and adhere to localisation norms of the country.Mahindra has been betting…
NEW DELHI: The income tax department has launched a fresh campaign to nudge those with overseas assets or income to disclose details in India. Initially, around 25,000 high-risk cases will be targeted through SMS and e-mails, with the campaign proposed to be expanded mid-Dec to cover others, and improve the compliance ecosystem.The initiative comes exactly…
NEW DELHI: Supreme Court on Thursday suggested enacting a law on the line of the stringent SC and ST (Prevention of Atrocities) Act to deter ridiculing of differently abled people, but the Union govt flagged the potential adverse impact of such legislation on creative artists depicting individuals with disability in movies and theatres.Hearing a petition…
The company is on its third CEO in six weeks, with Tony Isaac appointed as Acting CEO, and has named Steven Plumb as its new CFO. Source link
Child welfare to the fore (Representative image) ‘They Should Live & Grow Together’ Child welfare to the fore (Representative image) ‘They Should Live & Grow Together’ Child welfare to the fore (Representative image) NEW DELHI: It’s common that when a couple who have two children start living separately due to any matrimonial dispute, the children…
The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed. Source link
NEW DELHI: Supreme Court has ordered an unprecedented nationwide audit of all private and deemed universities, transforming a student grievance into a deep scrutiny of India’s sprawling higher education sector. In a sweeping directive, apex court has asked Centre, all states and UTs, and University Grants Commission (UGC) to submit personally sworn affidavits disclosing how…
A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again…
