Tata Group companies tripled in market value and profit rose more than fivefold in six years as the country’s biggest conglomerate funded India’s biggest private-sector bets in aviation, semiconductors, batteries and digital commerce — businesses that together still lose nearly ₹30,000 crore annually.
It is always a good idea to extend the diversification of your equity portfolio geographically. And getting into China — the world’s second-largest economy — can be particularly appealing. Here’s a look at what are China-focused ETFs, whether they are worth investing in and how much you should hold in your protfolio. What are China…
Shares of HDB Financial Services jumped 4.5% to Rs 786 on the BSE on Thursday after the non-banking financial company reported a strong set of June quarter earnings, with profit rising 38% year-on-year, driven by higher net interest income and improved asset quality. The company reported a profit after tax of Rs 785 crore for…
The shares of Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power crashed up to 8% on Monday after the respective Q1 updates from the recently listed companies failed to impress Dalal Street bulls. Vedanta Aluminium Metal shares, however, gained over 1% on Monday morning. The four companies that were spun out of…
Employees’ Provident Fund (EPF) members who have switched jobs multiple times often lose track of their old PF accounts, leaving retirement savings lying in inactive accounts for years. To make it easier for such members to recover these balances, the Employees’ Provident Fund Organisation (EPFO) has developed a dedicated e-portal that allows users to trace,…
The Reserve Bank of India (RBI) has fixed the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series II at ₹14,199 per gram for investors opting to redeem their bonds on July 16, 2026. Under the Sovereign Gold Bond Scheme, investors can redeem their bonds before the scheduled eight-year maturity after completing five years…
Picture the average American bedroom at night: a phone charging on the nightstand, glowing softly within arm’s reach of the pillow. According to a 2023 survey from the American Academy of Sleep Medicine, 87% of adults regularly sleep with their phone in the bedroom. YouGov polling shows that for many Americans, the smartphone is the…