2020 Financial News

The retail portion of the issue was subscribed by 59%, while the issue was subscribed 18% in the non-institutional investors category on the first day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.

I believe this key insight is crucial when dealing with equity market volatility. Other asset classes, like gold and real estate, do not share this characteristic.

Subscribe to enjoy similar stories. MUMBAI : A majority of the investors in the popular sovereign gold bonds (SGBs) are saying no to premature redemption despite making stellar returns on their original investment.

Gujarat Titans (GT) will kick off their IPL 2025 campaign against Punjab Kings (PBKS) at the Narendra Modi Stadium in Ahmedabad on Tuesday. After a tough season in 2024, where they finished eighth with only five wins in 14 matches, the 2022 IPL champions will aim for a strong comeback under Gill's leadership.

Louis DeJoy, who led efforts to restructure the money-losing U.S. Postal Service for nearly five years, has resigned effective immediately, the agency said on Monday. DeJoy, a former logistics executive and major Republican political donor who took over in 2020, had clashed with lawmakers over reforms at the agency that has lost more than $100 billion since 2007.

Source: ACE MF. Figures are calendar year returns in %. Large cap: Nifty 50 TRI; Mid cap: Nifty Midcap 150 TRI; Micro cap: Nifty Microcap 250 TRI; Small cap: Nifty Smallcap 250 TRI. *2025 return is year-to-date based on 18 March 2025 closing values. Other years’ returns are calculated between the first and last trading day of the year.

The portfolio value of Darshita Shah, 41, is down 40% since the market decline began in late September. The Mumbai-based homemaker, encouraged by her college-going son to take the plunge into stocks, had invested around ₹7 lakh in small-cap stocks, especially defence, IT and auto. Now, as Shah watches her holdings languish, she has lost the appetite to make fresh investments despite her son pushing to deploy more.

Subscribe to enjoy similar stories. The covid-led stock market crash in March 2020 birthed a spectacular four-year bull run. Five years on, the boom phase and the subsequent, ongoing correction have brought significant lessons for investors—especially new entrants.

He, however, refrained from commenting on the CBI's closure report, saying it's a «professional agency». Speaking on the initial investigation into the actor's death, Pandey alleged that the Mumbai Police «did not cooperate» with the Bihar Police team sent to investigate the case. He claimed that an IPS officer he sent for better coordination was quarantined, and the Bihar Police team was turned away after just five days. The then Bihar DGP also clarified that he «never claimed» that the actor was murdered, but only that his death was «suspicious» and wanted a thorough investigation. Speaking to ANI, Pandey stated, «When news of Sushant Singh Rajput's death came, the matter died down within 20 days. After 20 days, his father lodged a case in Patna for the investigation of which a team was sent. But Maharashtra Police did not cooperate. I sent an IPS officer for better coordination. But quarantined him...I don't need to be biased against anyone but during that time, the kind of conduct that was displayed by Mumbai Police caused suspicions in the minds of people in the country.»

“Nice job, Indian TV media. You hounded Rhea Chakraborty like a witch in a medieval trial—no evidence, no shame, just TRPs. Who needs facts when you have flashing graphics and angry panels? For me, journalism died that day!” he wrote. For those unfamiliar with the case, actor Sushant Singh Rajput was discovered lifeless in his residence in Mumbai’s Bandra locality on June 14, 2020. The 34-year-old was found hanging from the ceiling, leading to widespread shock and speculation.

In a memorandum to U.S. Attorney General Pam Bondi late on Friday, Trump said lawyers were helping to fuel «rampant fraud and meritless claims» in the immigration system, and directed the Justice Department to seek sanctions against attorneys for professional misconduct. The order also took aim at law firms that sue the administration in what Trump, a Republican, called «baseless partisan» lawsuits. He asked Bondi to refer such firms to the White House to be stripped of security clearances, and for federal contracts they worked on to be terminated. Ben Wizner, a senior lawyer at the American Civil Liberties Union, said the new directive sought to «chill and intimidate» lawyers who challenge the president's agenda. Trump has separately mounted attacks on law firms over their internal diversity policies and their ties to his political adversaries. «Courts have been the only institution so far that have stood up to Trump's onslaught,» Wizner said. «Courts can't play that role without lawyers bringing cases in front of them.» The ACLU is involved in litigation against the administration over immigrant deportations, including the expulsion of alleged Venezuelan gang members.

CBI) has filed a closure report in the two cases it was investigating in the alleged suicide case of Bollywood actor Sushant Singh Rajput, sources said on Saturday. Rajput, 34, was found dead at his Bandra apartment on June 14, 2020.

Sushant Singh Rajput, officials said Saturday. The CBI has submitted its findings before a special court in Mumbai which will now decide whether to accept the report or order further probe by the agency, the officials said. Rajput was found hanging from the ceiling of his apartment in suburban Bandra in Mumbai on June 14, 2020. He was (34). The central agency had taken over the probe from Bihar Police which had registered an abetment of suicide case on a complaint filed in Patna by his father K K Singh. In its conclusive medico-legal opinion to the CBI, forensic specialists at AIIMS had dismissed the claims of «poisoning and strangling» made in the case. The CBI had recorded the statements of Rhea Chakraborty, the rumoured girlfriend of Rajput, and others in his close circle, and collected the actor's medical records.

Elon Musk's daughter Vivian Jenna Wilson has hogged the headline after she appeared in the Teen Vogue and talked about the details about personal life, as per a report. Versha Sharma, the editor-in-chief of Teen Vogue, said she had started to pay close attention to Vivian Jenna Wilson, the 20-year-old daughter of Elon and Justine Musk, around the time of last fall's presidential election, NYT News Service reported. «The more that we started to learn about her from watching her TikToks, or just following her online, we realized that she has a really powerful and interesting and hilarious voice and a way of cutting through the noise with humor,» Sharma said in a phone interview on Friday. Ella Yurman, a writer and comedian, was able to set up an interview with Wilson, leading to her first byline for Teen Vogue, which landed on the cover of a special issue. The interview spread quickly around social media as soon as it was published Thursday. In the interview, Wilson, who is a trans woman, discussed a wide variety of topics, including whether she is famous («I don't like saying that I'm famous because I want to do something more to deserve that fame»), her relationship with social media («I am the Queen of Threads»), her family («I do not actually know how many siblings I have») and her politics («I am constantly shifting and evolving»).

startups projected to double from 1.2 lakh in 2023 to 2.4 lakh by 2030, as per a report by executive search firm Longhouse, The Times of India said. This growth is expected to drive a surge in high-value enterprises, with the number of unicorns, or startups valued at over $1 billion, likely to increase from 120 currently to 280 by the end of the decade. The expansion is also expected to significantly impact employment, with startups contributing to both direct and indirect job creation across key sectors. Startup-led employment to touch 50 million

Subscribe to enjoy similar stories. Shardul Shah got the call he had been waiting for on his 37th birthday in January 2020. A promising Israeli cybersecurity founder that he had been asking for years to launch a company was in need of funding.

Warren Buffett, true to form, remains unmoved — sticking to his decades-old view that gold is an unproductive asset with no place in a value investor’s portfolio. The Berkshire Hathaway chairman has famously dismissed gold as an unproductive asset that generates no cash flows or economic value — unlike businesses that reinvest profits or commodities like silver with extensive industrial utility.

Michael Seibel, a longtime group partner at startup accelerator Y Combinator, has transitioned to a "partner emeritus" role after more than 12 years. He confirmed the news on X.

Subscribe to enjoy similar stories. The billionaire-led Berkshire Hathway earlier this week disclosed it had increased its shareholding in Japan’s five biggest trading houses. The Omaha-based conglomerate hiked its stake in Mitsui to 9.82%, in Mitsubishi to 9.67%, in Itochu to 8.53%, in Marubeni to 9.3% and in Sumitomo to 9.29%.

World Happiness Report 2025 has delivered troubling news for the United States, placing the country at 24th place, its lowest rank ever. Just last year, the U.S. ranked 23rd, already an alarming position considering it stood at 15th in 2023. This downward trend reflects a growing sense of dissatisfaction, especially among young Americans. According to Gallup data used in the World Happiness Report, one key reason behind the U.S. decline is an increase in social isolation. More Americans are dining alone and reporting weaker social ties, which correlates with declining well-being. Young people under 30 have been particularly affected, with many feeling less supported by friends and family and reporting a lack of optimism about their financial future.