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India’s retail investing story is still in its early stages, and the rapid rise in participation seen over the past few years is more structural than cyclical, according to Sandeep Nayak, MD & CEO of Centrum Finverse. With India’s young demographic profile, rising incomes and growing awareness of digital investing, Nayak believes the number of…
A four-word banner held up by Argentina‘s players after their World Cup semi-final win over England has sent millions searching for answers, what the phrase actually means, why the Falklands still matter, and who really controls the islands today. Here’s a complete breakdown. Football and geopolitics rarely mix this dramatically, but Argentina’s dramatic 2-1 win…
Argentina’s players are staring down a possible FIFA action after a Falklands-themed banner surfaced on the pitch during their wild 2-1 semi-final win over England in the Semi Finals. The two-time defending champions is scheduled to play against Spain for the title, but the incident has reopened a decades-old political wound right in the middle…
The Employees’ Provident Fund Organisation (EPFO) has launched VISHWAS 2026, a one-time dispute resolution scheme that enables eligible employers to settle pending disputes over damages imposed for delayed provident fund (PF) contributions by paying reduced penalties. The scheme, which will remain open for six months from June 29, 2026, applies to specified disputes relating to…
South Korea’s central bank raised its benchmark interest rate for the first time in three-and-a-half years on Thursday and flagged more to come, as brisk growth in Asia’s fourth-largest economy fanned inflation risks. The seven-member monetary policy board at the Bank of Korea voted to raise the seven-day repurchase rate by 25 basis points to…
Gold prices held steady on Thursday as recent U.S. data showed inflationary pressures easing before a fresh escalation in the Middle East war drove oil prices higher, reviving concerns over elevated energy costs and potential interest rate hikes. FUNDAMENTALS Spot gold was little changed at $4,056.59 per ounce by 0046 GMT. U.S. gold futures for…
MUMBAI: A softer-than-expected inflation trajectory in the first quarter has prompted economists to forecast a pause in rate action by the Reserve Bank of India (RBI), with at least two institutions that had earlier estimated an increase in policy rates at the August review meeting itself are now uncertain about the timelines for a hardening…
Mumbai: HDFC Life and ICICI Prudential Life reported healthy profit expansion in the June quarter, driven by steady premium growth, stable value of new business (VNB) margins, and a rising contribution from protection products. HDFC Life reported a 12% year-on-year rise in net profit to ₹611 crore, while ICICI Prudential Life’s profit after tax increased…
Asian stocks declined as fresh selling in semiconductor stocks renewed concerns over the sustainability of the artificial intelligence trade. Crude oil climbed. MSCI’s Asia Pacific equities gauge dropped 1.1%, with South Korea leading with a 4.5% decline. Chip bellwether SK Hynix Inc. tumbled over 8.4%. Shares in Japan also declined with the Nikkei dropping over…
ET Intelligence Group: Grasim Industries‘ acquisition of Sprng Energy is a strategic bet on India’s fast growing solar power sector, which is expected to help its renewable energy business outpace the group’s overall revenue growth. Revenue of renewable energy business is estimated to surge 382% to ₹4,446 crore by FY28, compared with a 31% anticipated…