Chase Financial News

Wholesale investors are going gaga for property debt funds.

The India vs West Indies 2nd T20 match will be held on August 6 at the Providence Stadium in Guyana. In an exhilarating T20 International (T20I) series opener, India fell short by just four runs, allowing the Windies to snatch a thrilling victory. Skipper Rovman Powell and Nicholas Pooran were the batting heroes for the Windies, propelling their team to a competitive total of 149/6 in their allotted 20 overs.

Manipur police, in a press note issued on twitter, have said that reports of looting of arms and ammunition from different police stations and armouries in the valley districts only on August 5 were 'misleading'. «There is a report vide a press release dated August 5, 2023, highlighting the looting of arms and ammunition from different police stations and armouries in the valley districts only. The information is misleading to the extent that arms and ammunition were looted from different Police Stations and armouries of both hill and valley districts,» Manipur police said in its release on Saturday late night.

Manipur police have confirmed that arms and ammunition have been looted from various police stations and armouries in the north-eastern state. The police said incidents of looting were reported from both hill and valley districts of the state.

Zhu Meng or Chasing Dreams. The series, aired on state broadcaster CCTV to mark the PLA's 96th anniversary, highlights the unwavering commitment of military personnel to be combat-ready "at any second", the South China Morning Post (SCMP) reported. The documentary features personal accounts of numerous PLA soldiers from different services and locations.

Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA, the bank's chief executive said on Friday, as the ecommerce giant pushes to expand its fintech offering. The launch is set for next Tuesday, according to CEO Octavio de Lazari Junior, adding that the bank will manage the card's credit risk, and the card will be powered by Mastercard.

TikTok influencer, Mahek Bukhari, and her mother, Ansreen Bukhari, were found guilty of murdering two men, Saqib Hussain and Mohammed Hashim Ijazuddin, who tragically died in a fireball when their car was deliberately rammed off the road during a late-night chase near Leicester. The verdict was delivered by jurors after over 28 hours of deliberations at the end of a three-month trial at Leicester crown court. Two other defendants, Rekan Karwan and Raees Jamal, were also found guilty of two counts of murder. Natasha Akhtar, Ameer Jamal, and Sanaf Gulammustafa were found guilty of two counts of manslaughter but not guilty of murder. Meanwhile, Mohammed Patel was acquitted of both murder and manslaughter charges.

Maneesh Dangi, Founder, Macro Mosaic, says “investors should look to increase surface area, all sorts of investors. Those who are already fully invested in Indian equities and are anxious as to why prices are not going up, we should guide them to add at least two more assets – Indian bonds and US equities. ”Dangi also says that since “the markets are intrinsically cyclical, no story including that of India's is secular.

The state of Massachusetts is concerned about what it calls a growing and potentially unchecked use of artificial intelligence in the securities industry.

Paris is Europe's new and most shiny financial centre. And HEC is one of France's finest educational establishment for students looking for finance jobs. But HEC students still want to work in London most of all. 

Sanjiv Bhasin, Director, IIFL Securities, says “dark horse play is very difficult to read but it is SW Solar. I gave you at 320, 340, it just hit Rs 400. It will be Rs 750 soon.

Devina Mehra, Chairperson & MD, First Global, says “in March end, I had said this is the time to get in, when the index was sub 17,000. It has obviously run up from there. There might be a pause, there might be some correction here and there, but the broad trend still remains.

Sanjiv Bhasin, Director, IIFL Securities, says “Tech Mahindra, HCL Tech and Persistent continue to be my three top picks there. But, right now, I am seeing more flavour in other players. Apollo Hospital, SBI Life, HDFC Life, BEL.

Damar Hamlin will expand his efforts to promote charitable giving by supporting a company that allows donors to give to nonprofits immediately, while actually paying later

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«The question really is, are you going to go either into a long consolidation or a deep direction? I think neither of those right now yet very-very clearly. All that has happened is that you have broken the 20-day average both on the Nifty and Bank Nifty which gives us another 1% to 3% kind of downside,» says Rohit Srivastava, Indiacharts.com.If I am a positional trader and I have been riding the market for a few months now, however, much compulsive trader I am on the long side suppose, one was getting completely exhausted on any fresh long ideas because everything seemed to have gone up. So, if a cut actually happens, will it make markets healthier and how severe could it be in your view, just a shallow cut or could it get deeper?It is an interesting question because if you think of yourself either as a positional trader or investor, you hope to buy at much lower levels.

₹17,500 crore, are set to expire within the next 16 months, but are facing problems winding down. They blame it on the lack of liquidity and legal constraints resulting from a funding winter. AIFs have already exercised one extension but have now sought another.

New Delhi: A parliamentary panel has called for immediate compensation to cyber fraud victims by financial institutions, saying this will go a long way in demonstrating steadfast commitment to consumer protection and will push these firm to bolster their security measures. The committee strongly believes that there should be an «automatic compensation system as devised by the RBI and it should be the financial institution's sole responsibility to immediately compensate the hapless customer, pending further investigation and final traceability of funds», the Standing Committee on Finance headed by BJP MP Jayant Sinha has recommended in its report.

I have been investing varying amounts in seven different mutual fund schemes. Here are the details of my investments:Quant Tax Plan: Rs. 3500 per month Quant Small Cap Fund: Rs 2500 per monthMirae Asset Tax Saver Fund: Rs 2000 per month UTI Small Cap Fund: Rs 2000 per month Axis Small Cap Fund: Rs 1000 per monthAxis Long Term Equity Fund :Rs 500 per month Tata Small Cap Fund: Rs 1000 per month (started this month) Do I need to modify any of these investments? If yes, what adjustments would you suggest? Also, I'm looking to increase my SIP contribution by Rs 2,000 per month. Given my current portfolio and your understanding of the market, could you provide some suggestions on where this additional investment should be allocated? --Raghav Kapoor You are investing in three tax saving schemes and four small cap schemes. Investing a small amount in too many schemes doesn’t offer you the benefits of optimal diversification or maximise returns. Adding too many schemes often results in duplication of portfolios and over diversification. It also dilutes the overall returns.

Industry superannuation giant AustralianSuper has poached several seasoned investment management executives from British banks and fund managers for its chase into new markets.

The Matildas’ crucial victory against Canada in the FIFA Women’s World Cup has broken another historic ratings record, with more than 2 million viewers watching a female team sports match for the first time.