Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
What's Hot
Author: NNI Editor
Former SEBI chief, BSE MD move Bombay HC against FIR order in alleged stock market fraud
Madhabi Puri Buch | Photo Credit: ANI Former SEBI chief Madhabi Puri Buch and five others on Monday (March 3, 2025) moveed the HC seeking to quash and order directing FIR against them for alleged stock market fraud.The petitions were mentioned before a single-judge bench of Justice S.G. Dige for urgent hearing. The court scheduled the matter for hearing on Tuesday and directed the state Anti-Corruption Bureau (ACB) not to act on the special court’s order until then.Also Read:On SEBI chairperson’s conflicts of interestsSolicitor General Tushar Mehta represented Ms. Buch along with three current SEBI whole-time directors—Ashwani Bhatia, Ananth Narayan…
Relevance of gold as asset class to rise in coming years: Chief Economic Advisor Nageswaran
Chief Economic Advisor V. Anantha Nageswaran. File | Photo Credit: The Hindu “Gold will remain relevant for investors as a portfolio diversification mechanism with a “likely ascending importance” as an asset class in the coming years,” Chief Economic Advisor V. Anantha Nageswaran said on Monday (March 3, 2025.) Speaking at the IGPC-IIMA annual gold and gold markets conference 2025, he said gold will remain relevant not only as a store of value, as an ornament for cultural and religious purposes, but also as an important portfolio diversification mechanism “until such a time the world is able to arrive at an…
Adani Green Energy Limited has successfully refinanced its maiden construction facility with an outstanding of $1.06 billion taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. File | Photo Credit: Reuters Adani Green Energy on Monday (March 3, 2025) announced it has refinanced its maiden construction facility, having outstanding debt of $1.06 billion with long-term financing.The long-term financing raised to refinance its construction facility has door-to-door tenor of 19 years with a fully amortized debt structure emulating the underlying asset life, a company statement said.Adani Green Energy Limited (AGEL) has successfully refinanced its maiden construction facility…
S&P Global India Manufacturing PMI: Factory activity growth dips to 14-month low in February 2025 owing to cooling demand
Representational image only. File | Photo Credit: The Hindu “The manufacturing activity grew at its weakest pace in more than a year last month owing to cooling demand, but employment generation rose at a healthy pace and inflation eased,” a private survey showed on Monday (March 3, 2025).The softer manufacturing data suggests the growth rebound may be short-lived after the government said the Gross Domestic Product (GDP) expanded 6.2% last quarter from 5.6% in the previous one.Factory activity levels hit a 12-month low in DecemberGoods production, which accounts for less than a fifth of overall output, grew 3.5% in October-December,…
Sergey Brin, pictured above [File] | Photo Credit: REUTERS Google co-founder Sergey Brin has recommended that employees who are working on Gemini come to the office every weekday and clock in 60 hours of work every week in order to hit “the sweet spot of productivity,” The New York Times reported, citing an internal memo.Brin stressed on the need for employees to go full-speed ahead in order to achieve artificial general intelligence (AGI) and win the race for a level of AI development that will match or surpass human intelligence. The Google co-founder also called on employees to use Google’s own AI…
Forex traders said the withdrawal of foreign capital is expected to halt as the latest government data released on Friday showed the country’s economy grew by 6.2% in the October-December quarter. File | Photo Credit: V. V. Krishnan The rupee appreciated 9 paise to 87.28 against the U.S. dollar in early trade on Monday (March 3, 2025) as the American currency index retreated from elevated level and domestic equity markets indicated some recovery after firm macroeconomic data.According to forex traders, withdrawal of foreign capital is expected to halt as the latest government data released on Friday (February 28, 2025) showed…
Several organisations to lead protest against commercial ports in Uttara Kannada district
Leaders and members of several organisations took part in a meeting in Ankola to oppose commercial ports in Uttara Kannada district of Karnataka, on March 2, 2025. | Photo Credit: SPECIAL ARRANGEMENT Members of several organisations participated in a meeting in Ankola of Uttara Kannada district of Karnataka on March 2 to oppose proposals to set up commercial ports in Keni and other places in the district. They met in the Komarapantha Community Hall in Ankola.Leaders of various community organisations, like Halakki Vokkaligara Sangha, Bunt Sangha and Kharvi Sangha, participated. Leaders of various parties, who joined the meeting, said that…
The BSE benchmark quoted 249.53 points lower at 72,948.57, and the Nifty traded 61.50 points down at 22,063.20. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty began the trade on a positive note on Monday (March 3, 2025) but soon turned negative amid heavy selling in bellwether stocks Reliance Industries and HDFC Bank as well as persistent outflow of foreign funds.The 30-share BSE benchmark Sensex climbed 451.62 points to 73,649.72 in early trade. The NSE Nifty went up by 136.85 points to 22,261.55.However, soon both the benchmark indices turned negative and were trading lower. The BSE benchmark…
There are two aspects to investing — the objective to accumulate wealth to achieve life goals and to generate short-term gains riding the market fluctuations. The first objective is achieved by creating goal-based portfolios, also called core portfolios. The second objective can be achieved by creating a trading portfolio, also called the satellite portfolio. In this article, we discuss why you should simultaneously consider creating both portfolios. We also discuss the optimal investment allocation to both portfolios.Moderating biasesSuppose you invest only to achieve your life goals. You observe that the stock market exhibits high volatility, frequently moving up sharply only…
Image used for representational purposes. Precious metals continued to move higher in February with Comex gold scaling past the psychological $2,900 mark. Gold prices marched into uncharted territory driven by the economic uncertainty triggered by U.S. import tariff plans. The price of Comex silver, however, did not share the same enthusiasm and is yet to cross its life-time highs. Under dollar’s shadowHowever, the strengthening of the U.S. dollar led to a cool-off in precious metals prices in the past few days. After touching a new life-time high of $2,974 a few days ago, Comex gold cooled off recently and settled at $2,848.5 an…