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Refresh- Low duration funds: 5 things to know
Low duration funds invest in money market instruments and debt securities. All you need to know about low duration funds
- How would-be brides can manage finances after marriage
Monisha Choudhary is set to be married soon. There are two critical financial decisions Choudhary needs to make. She should consider her existing assets and investments, which can remain in her name, to be disclosed to her new family at her discretion. She can continue building these assets based on her income allocation. Read here to find what are the other ways to secure finance after marriage.
- Sebi strikes finfluencers: Can Sebi diktat protect investors from dubious investment advices on YouTube, Instagram, WhatsApp?
To be fair, there’s a lot of good learning material on the Internet. However, while this is great for quick, bite-sized learning, it’s not always smooth sailing for more complex tasks. Sometimes, you need background knowledge to figure out if the advice is actually good. In some areas, such as health and personal finance, following bad advice can be risky.
- Defence sector has delivered 200% return in last one year: Is it the right time to invest in defence stocks?
Defence stocks have shot up smartly in the past year. Experts are optimistic about the sector’s long-term prospects, given the substantial investment and demand anticipated in the coming years. According to the Nomura report, the sector is expected to present an ordering opportunity worth $138 billion over the fiscal years 2024 and 2032. Find out if the growth in defence sector is sustainable.
- HSBC Flexi Cap review: 22% returns in three years; should you invest in this flexi-cap fund?
Earlier known as HSBC Multicap Equity, this fund was rebranded to reflect its fluid positioning as a flexi-cap fund. The fund prefers quality businesses characterised by scalability and strong execution capability, proven management track record and strong financials. The ESG parameters and valuation are also embedded in the framework. ET Wealth examines the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
- Neogen Chemicals: Should you buy this stock? Know why analysts are bullish on this stock
Neogen Chemicals benefits from the growing lithium battery market driven by demand for consumer electronics, EVs and renewable energy storage. Despite last year’s soft performance, analysts expect robust future growth driven by opportunities in the EV electrolyte market. The company produces bromineand lithium-based speciality chemicals, serving industries such as pharma, engineering, battery chemicals, and agrochemicals.
- Mutual fund investing: What is total expense ratio?
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the sixth part of this series, Riju Mehta explains what total expense ratio means in mutual funds.
- Don't let idle money sit in bank savings account: Here's how you should invest instead
Investors often end up keeping funds idle in their bank savings accounts as crucial factors of liquidity and risk play on their minds. Here are some smart ways to utilise idle funds lying in the bank accounts while ensuring liquidity and relatively low risk.
- How to cut income tax outgo by Rs 45,000 with NPS, gadget allowance
Under Section 17(2), gadgets and household appliances bought in the name of the company and given to the employee for personal use are taxed at only 10% of their value. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
- Mutual fund returns: Can recent Sebi mandate of disclosing risk-adjusted return help you identify the right mutual fund?
Mutual fund investments: Recent surges in investments in certain fund categories and schemes have raised concerns. Investors flock to funds with stellar recent returns, sometimes overlooking the associated high risks. Sebi aims to ensure investors consider not just performance, but also the risks involved. Risk-adjusted returns offer a more comprehensive view of fund performance, according to Sebi. Will it ultimately help the mutual fund investors?
- How over-indulgent parents hurt their finances for their children
A healthy approach to money requires that those earning it don’t just feel guilt-free about its allocation, but are also able to question its wasteful deployment and regain the power to allocate fairly. Parents are branded selfish when they exercise this authority, and in these days of extremely sensitive young minds, they are scared of turning down a demand.
- Stocks to buy: Consider stocks with robust credit quality; 5 stocks with up to 17.5% upside
Stocks to buy: These 269 companies delivered average one-year and two-year returns of 102.3% and 278.7%, respectively, compared to the Nifty 500 index returns of 38% and 69.3%. All returns are point-to-point and not annualised, and are based on the closing values as of 2 July. The following are five companies with substantial analyst coverage and double digit share price potential.
- Pepperfry puts IPO plans on hold, to focus on growth revival
Pepperfry, an omnichannel furniture retailer, has pushed its public listing plans, as the company aims to bring growth and profitability into focus in the ongoing fiscal. Founded in 2012 by Ashish Shah, the startup had converted to a public company in 2022 and was looking to raise $250-300 million through its IPO.
- Kaynes, six others plan investment in Mysuru’s electronics cluster
State IT minister Priyank Kharge said Bengaluru will be the semiconductor design hub of the country but Mysuru will be a complementary cluster. Kaynes Technology has proposed an investment of Rs 150 crore on 20 acres land.
- Q1 tech hiring sees slow uptick of 3-5% after quarters of slump
After months of subdued hiring numbers, IT companies are in for good news. Overall, tech hiring has seen a slight improvement in Q1, as per staffing firms, in line with expectations of some green shoots in demand. IT firms seem to be favouring experienced hires due to immediate project needs.
- Focus on autonomous vehicles, EU expansion drive KPIT’s growth
Despite global challenges like supply chain issues and the rise of AI, KPIT Technologies has continued to grow, CEO Kishor Patil told ET. This is due to the company's smart investments in areas like EVs and self-driving cars, along with their timely expansion into European markets, he added.
- Ex-defence secretary Ajay Kumar joins VC play with early-stage fund
Ajay Kumar, a former bureaucrat who retired as India’s defence secretary in 2022, has set up a new venture fund, Mounttech Growth Fund, to back early-stage startups. The Rs 250-crore fund has secured approval from Sebi. The fund will look to back startups in the space, aerospace, and deep tech sectors.
- Godrej Enterprises charts course to unlock growth potential
GEG aims to tap into synergies offered by business adjacencies to accelerate its growth after a recent realignment of revenue streams and companies in the century-old Godrej Group. Internal discussions are still going on in this matter and the group may consider creating separate scalable business units to drive growth.
- Changes likely in India's new EV policy, may benefit legacy car companies
The move comes as US electric carmaker Tesla Inc is still to make any firm commitment on building a factory in India. The policy, which aims to accelerate the local manufacturing of high-end electric cars, currently supports only fresh investments. Consultations are also on with stakeholders on another key issue troubling carmakers.
- Budget: Centre may back states in north-east hydropower play
Union Budget: The Centre could support equity participation by state governments in hydropower projects in the northeast at 24% of the total project equity, subject to a cap of Rs 750 crore per project initially, people familiar with the matter said.
- Stock Radar: Apollo Hospitals break above Cup & Handle pattern; should you buy?
Apollo Hospitals stock shows bullish signs with a breakout from Cup & Handle pattern. Experts recommend buying for a target of Rs 6,750-6,800 in the next 1-2 months. Technical analysis indicates positive price action ahead.
- France elections 2024 results: French PM Gabriel Attal offers resignation. Is Paris heading for political turmoil?
France elections 2024 results will be out on early hours of Monday (local time) but projections have predicted bad news for President Emmanuel Macron’s centrist alliance and the far right as left coalition is in the pole position.
- Bachelorette season 21 release date: Who is Jennifer 'Jenn' Tran? Where to watch all episodes?
"The Bachelorette" season 21 release date on ABC is a few hours away. We have all details about star contestant Jennifer "Jenn" Tran.
- Budget 2024: Sustained capex, fiscal prudence top suggestions for Sitharaman from stakeholders
Union Budget 2024:Finance Minister Nirmala Sitharaman concluded her customary stakeholder consultations for the Union Budget. She gathered inputs from over 120 invitees across 10 stakeholder groups over two weeks, ending on Friday.
- The Vampire Diaries spin-off: Will fans witness another story of Mystic Falls?
The Vampire Diaries universe co-creator Julie Plec who developed the widely popular supernatural teen drama with Kevin Williamson, has expressed interest in exploring new stories set in Mystic Falls.
- SEZ units set to get refund of cess on imports
The Centre will refund the compensation cess levied on imported goods under Goods and Services Tax (GST) to businesses operating in special economic zones and their developers, effective from 2017. The Central Board of Indirect Tax and Customs has also directed the issuance of refunds of 5% GST collected on food packages intended for the public distribution system (PDS).
- Into the Blue: India plans underwater research lab to explore marine life
India is planning to establish an underwater biodiversity research lab in the Indian Ocean. This lab will explore various kinds of flora and fauna found on the seabed and at different depths, with a potential focus on human consumption. This initiative is part of the government's long-term vision to make India a developed nation by 2047 and is conceptualized under the Deep Ocean Mission.
- Indians like to have a swig of premium beer
Premium beers significantly outpaced the overall beer market in FY24, with a 25-30% volume growth compared to the 8-10% growth of the beer category. Bira91's Taproom pubs in Ludhiana are finding success with flavored premium beers, challenging stereotypes in Punjab. Companies like United Breweries and AB InBev are capitalizing on the trend, with the Indian beer market projected to reach Rs 62,240 crore by 2028, driven by premiumization and changing consumer preferences.
- French leftists win most seats in elections, pollsters say; lack of majority threatens turmoil
The lack of majority for any single alliance threatened to plunge France into political and economic turmoil. Final results are not expected until late Sunday or early Monday in the highly volatile snap election, which was called just four weeks ago in a huge gamble for Macron.
- Brad Pitt's F1 movie release date, trailer, director: Watch teaser here, check key details
'F1' movie featuring Brad Pitt will be released next year. Makers have dropped a teaser trailer.
- As monsoon sets in, respiratory, malaria drugs see demand rise
The onset of the monsoon in June led to a significant increase in sales of drugs for respiratory, anti-infective, anti-malaria, and gastrointestinal therapies. According to market researcher Pharmarack, these therapies saw double-digit growth compared to June 2023.
- Best Neck Bands Under 1500 with Best Audio Experience
Discover the top neckband earphones under 1500, blending affordability with superior sound quality. This article reviews the best options, highlighting features like battery life, comfort, and audio performance. For music, calls, or workouts, find the perfect pair to suit your needs without breaking the bank. Dive in to elevate your listening experience.
- Did Kris Jenner reveal in the latest episode of 'The Kardashians' that she has cancer?
Kris Jenner, the matriarch of the Kardashian-Jenner family, recently disclosed a serious health concern during an episode of Season 5 of "The Kardashians." Emotionally, the 68-year-old momager revealed to her children what doctors had uncovered.
- Manipur conflict: Displaced man ends life inside relief camp
Identified as Angom Premkumar of Tuibong area in the neighbouring Churachandpur district, the victim was found hanging around 9.15 pm at his prefabricated relief house set up on the premises of a state-run sericulture project at Kwakta.
- Bengaluru Airport cargo volumes may rise 20% in FY25
Bengaluru's Kempegowda International Airport anticipates a 20% rise in cargo volume this fiscal, driven by enhanced connectivity and increased demand for perishable goods, according to sources familiar with the matter.
- RCB's fours and sixes lift United Spirits' scorecard in FY24
United Spirits (USL) saw a significant boost in net profit in 2023-24, with about 16% attributed to its cricket team, Royal Challengers Bangalore (RCB), whose revenue more than doubled. RCB's revenue surged to Rs 650 crore, with a net profit of Rs 222 crore, largely due to increased central rights income from the BCCI. USL, the largest liquor maker in India, reported sales of Rs 25,724 crore, with a net profit of Rs 1,312 crore.
- Eligibility criteria eased to woo top talent for Trai leadership
As per the earlier conditions, to become a member at Trai, a person needed to serve as additional secretary or any equivalent post for not less than three years. But by the time most ITS (Indian telecom service) officers or other non-IAS officials reach this stage, they are nearing retirement with only around 6-8 months at the post, making them ineligible. But now the condition to serve a minimum three year as additional secretary or any equivalent post has been removed.
- DTH companies lose over 3 million users in FY24
Despite the Indian Premier League and the ICC Men's Cricket World Cup in 2023, four private direct-to-home (DTH) operators in India lost 3.28 million active subscribers in the fiscal year ending March 2024. Free streaming of the events by JioCinema and Disney+ Hotstar, along with price hikes by broadcasters, led to the decline. Competition from OTT platforms and Prasar Bharati-owned DD Free Dish also contributed to the drop in subscribers.
- Telecom hiring may lose steam in FY25
India will need a 22 million skilled workforce by 2025 to operate hardware and software-defined networks and support 5G-centric technologies such as IoT, AI, and robotics, estimated Sumit Kumar, chief business officer, TeamLease Degree Apprenticeships. Overall, the telecom sector is expected to employ 6.79 million workforce in the ongoing fiscal, having grown at a rate of 29.5%, according to TeamLease.
- There is a need not to die but live for country: Union Home Minister Amit Shah
Union Minister of Home Affairs lauded the Kadva Patidar community for playing a key role in developing Gujrat. He said that there is a need not to die, but to live for the country. He was inaugurating a hostel complex for students.
