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Stock pickers have long sought to beat the market, and most continue to fail, with the rate of underperformance of U.S. large-cap mutual funds, after fees, against the S&P 500 between 80%-90% of all funds over a decade. But there are ways to think about generating what is known as alpha — outperformance of a…
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IndiGo crisis: ‘Plane ready but no pilot’ – first-person account of a harried flyer NEW DELHI: Last evening, I was forewarned. “You’re on an IndiGo flight to Bengaluru tomorrow? Their schedule was haywire today. Tomorrow could be chaotic too. Try to change your carrier,” advised a colleague during the evening editorial meeting.I tried. My flight…
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Uddhav targets BJP over Ayodhya donation row, seeks impartial probe NEW DELHI: Shiv Sena (UBT) chief Uddhav Thackeray on Sunday launched a sharp attack on the Centre over the alleged embezzlement of donations at the Shri Ram Janmabhoomi Temple in Ayodhya, claiming that ‘those looting Hindus are in power’ and demanding an impartial investigation into…
According to an assessment by Bloomberg Economics, RBI sold gold worth around $12 billion during the two weeks ending May 22. (AI image) Amid the ongoing US-Iran conflict, the Reserve Bank of India may have sold some of its gold holdings to protect foreign exchange reserves from the economic fallout of the Middle East situation,…
Prime Minister Narendra Modi NEW DELHI: “When it is about the party, Nitin Nabin is my boss,” Prime Minister Narendra Modi said, calling himself a “party worker” of the BJP, while addressing the gathering after the inauguration of young leader Nitin Nabin as the Bharatiya Janata Party’s youngest-ever national president.45-year-old Nitin Nabin, who hails from…
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Crypto markets climbed Sunday as Bitcoin flashed an extreme oversold signal and more than $200 million in liquidations helped ease selling pressure across major tokens. Bitcoin BTC$87,066.48 traded near $86,466 as of 1:36 p.m. UTC, rising about 2.7% from where crypto analyst Ali Martinez highlighted the move earlier in the day. Martinez said at 11:19…
