- Business
- October 22, 2024
Rakesh Jhunjhunwala’s key mantras for smart investing
Invest like Jhunjhunwala: Rakesh Jhunjhunwala, often hailed as India’s Warren Buffett, transformed the investment scene in India through his remarkable journey from trader to influential investor. With a portfolio valued at nearly Rs 32,000 crore, he popularised equity investment and inspired countless retail investors to embrace the stock market. Here are some of his powerful investment mantras that continue to guide investors today.…
- Business
- October 22, 2024
Dhanteras 2024: Should you invest in Gold ETFs? Know returns, trends and more
Dhanteras 2024: As Dhanteras approaches, are you planning your next gold purchase? While traditional options like jewellery and coins remain popular, digital alternatives such as Gold ETFs offer a modern and convenient way to invest. With rising interest in these exchange-traded funds, they could be the smart choice for those seeking a secure and flexible way to add gold to their portfolio this…
- Business
- October 22, 2024
Fixed deposit interest rates: Know what banks offer on three-year FDs
Current FD rates: As the Reserve Bank of India ( RBI ) approaches its December monetary policy committee (MPC) meeting—having maintained the benchmark interest rate for ten consecutive sessions—speculation mounts that a repo rate cut is imminent. Experts recommend that savers take advantage of the current fixed deposit (FD) rates while they last. Once the cycle of rate cuts begins, banks are likely…
- Business
- October 22, 2024
Hyundai Motor India makes weak stock market debut, lists 1.5% lower than IPO price
Hyundai Motor India shares made a weak stock market debut on Tuesday, October 22 as the stock opened for trading at Rs 1,931 on the BSE, marking a decline of 1.47 per cent from the Initial Public Offering (IPO) price of Rs 1,960. On the National Stock Exchange, Hyundai Motor India shares opened for trading at Rs 1,934, marking a decline of 1.32…
- Business
- October 21, 2024
Is Adar Poonawalla the new lifeline of Dharma Production?
Filmmaker Karan Johar has sold a 50 percent stake in Dharma Productions to Adar Poonawalla, the chief executive officer of Serum Institute of India. The vaccine maker, who emerged as a beacon of hope during the Coronavirus pandemic, has now stepped in as a saviour for Johar’s struggling Dharma Productions for Rs 1,000 crore. However the details of the same are not known…
- Business
- October 21, 2024
Institutional investment in real estate up 31% to $4.61 bn in Jan-Sep: Report
Institutional investments in the Indian real estate sector increased 31 per cent year-on-year to USD 4.61 billion in January-September 2024 amid strong consumer demand, according to Vestian. Real estate consultant Vestian on Monday released its report on ‘Investment in Indian Real Estate’, observing that funds’ inflow from institutional investors in the first nine months of 2024 has already surpassed the total for 2023.…
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