Amid increasing geopolitical risks and economic uncertainty, experts advise investors on how to rebalance portfolios effectively. Focusing on quality stocks, maintaining SIPs, and adjusting allocations can help navigate this volatile landscape. This year so far has been challenging for equity investors largely due to increased geopolitical risks, higher crude oil prices, and the rupee’s…
ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts. Shares of Indian upstream oil companies rallied up to 4 per cent on the BSE in Tuesday’s intra-day trade. Individually, Oil…
Amazon India on 23 April said it plans to invest over ₹2,800 crore to strengthen associate safety, health, and financial well-being measures and to boost its operations network across the country. The latest investment is part of the company’s stated commitment to infuse more than USD 35 billion in India by 2030, focusing on business…
Mutual funds: Transferring MF units involves converting them to demat format, with specific processes for gifting or transmission. Here is a step-by-step guide to gifting your MF units to a loved one. A popular investment option for individuals looking to achieve financial goals and grow their wealth, a mutual fund is formed when an asset…
The ruling clears way for Vedanta’s vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively Vedanta Ltd on Tuesday secured approval from the National Company Law Tribunal (NCLT) bench in Mumbai to break up the oil-to-metals conglomerate into five separate units,…
IndusInd Bank and ICICI Bank shares jumped 2-3 percent each, and led the rally in the Bank Nifty today, taking the banking index to a record high. Bank Nifty hits new all-time high. The Bank Nifty scaled a new all-time high on Thursday, touching 58,609.2 in morning trade and rising 0.57 percent from the…
Strong demand and solid external finances support rating; high debt and fiscal gaps remain key constraints, Fitch says Fitch Ratings on Monday affirmed India rating at BBB- with a stable outlook on the back of robust growth and solid external finances. The credit rating agency mentioned that the fiscal metrics are a credit weakness, with…