Cycling Financial News

EPIC — from commitments made in court to the legal amendments required and the political opposition that is bound to follow. First is the question of the 66.23 crore Aadhaar numbers already collected by the poll panel until 2023. Shared voluntarily by EPIC holders, the 12-digit Aadhaar numbers have been «seeded» against Voter ID cards but the two databases have not been linked till date.

Housing demand continues to be strong and is expected to grow further on the back of tax incentives offered in the Budget and a recent repo rate cut, CREDAI President Boman Irani said. CREDAI is an apex body for private real estate developers. In an interview with PTI, Irani asserted that there are no signs of demand slowdown in the Indian housing market, rather it will continue to rise in the long-term horizon. However, he said there could be an impact in some markets that are «over-heated» but overall at pan-India level there are no concerns at all on the growth going up only. Short-term blips in a real estate cycle is not something that we need to worry about. We need to see long-term growth," he told PTI in Nashik, where CREDAI recently organised its two-day conference.

The nature of stock markets is very dynamic, it changes constantly, at a very fast pace from time to time. Due to this nature, investors keep anticipating a ‘perfect’ time to invest that may never arrive. When market volatility hits, behavioural biases can take the best of the investors, ultimately resulting in them making irrational decisions. Moreover, market volatility gives birth to behavioural biases that can make some investors greedy and others too risk averse, which can further impact their decision-making ability.

Small-cap equities delivered outsized returns in 2023 and 2024, with the Nifty Smallcap 100 Index up 56% and 24% respectively, outperforming both the Nifty Midcap 100 Index (2023: 47% and 2024: 24%) and the Nifty 50 Index (2023: 24% and 2024: 9%). However, since hitting all-time highs in late Sep’24, the trend has reversed with small-cap equities slipping into a bear market, commonly defined as a 20% drop from peak to trough, with the Nifty Smallcap 100 index down 25%. The Nifty Midcap 100 Index and the Nifty 50 Index have seen a 21% and 16% drop respectively from their Sep '24 all-time highs.

Champions Trophy triumph has added to the aura of Rohit Sharma and it won't be a surprise if he continues as Test captain and travels to England as leader of the pack even as the selectors are yet to make a decision on the tour, starting June 20. Rohit was under pressure to perform in Dubai, especially after a 1-3 series defeat in Australia accentuated his own poor form. The triumphant run in Dubai has certainly given the skipper breathing space and elbow room. But the question remains if the national selection committee will consider success in ODI format while deciding on more challenging Tests format, where the returns have been modest, of late. The team suffered six hard-to-digest defeats, in the last WTC cycle. The new cycle for India will begin with the England series, where the first Test will be played at the Leeds.

For decades, Titan was the undisputed crown jewel of Rakesh Jhunjhunwala’s legendary portfolio. But in a stunning shift, a new stock has taken its place at the top—Inventurus Knowledge Solutions (IKS).

SBI research ecowrap predicts 75 basis points rate cut this fiscal. Experts believe that CPI inflation will be 3.9 per cent in the fourth quarter of FY25 and will average at 4.7 per cent for the entire year. However, looking ahead to FY26, inflation is expected to remain between 4.0 per cent and 4.2 per cent, with core inflation ranging from 4.2 per cent to 4.4 per cent. Given this trend, analysts anticipate at least a 75-basis-point rate cut during this cycle, with back-to-back reductions expected in April and June 2025. Another round of rate cuts could follow in October 2025. «With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive rate cuts in next policy April and June 2025. With an intervening gap in Aug'25, the rate cuts cycle could restart from Oct'25, says the report. India's consumer price index (CPI) inflation dropped to a seven-month low of 3.6 per cent in February 2025, mainly due to a sharp decline in food prices.

«Policy relaxations in terms of risk weightages, ignored by the markets, and the third important point is the policy rate cut action after five years ignored by the markets,» says Pankaj Tibrewal, IKIGAI Asset Managers. Well, could have been better if markets were better. Pankaj Tibrewal: These are all cycles. You have seen it all across. So, we should not be too worried and on the contrary, after a long time, we have started to turn a bit constructive on markets now.

Indian bond market has been in focus over the past few months as the Reserve Bank of India (RBI) implemented key liquidity measures and rate cuts to support economic growth. While global markets saw heightened volatility, India’s bond market remained relatively stable, with the 10-year government bond yield rising by 3 basis points (bps) in February. Meanwhile, US Treasury yields declined sharply, reflecting concerns over slowing global growth.

Subscribe to enjoy similar stories. Global private equity firms Blackstone Inc., General Atlantic and TPG Capital are moving in to acquire revenue cycle management firm AGS Health for around $1 billion, said two people with knowledge of the deal. The deal process, launched earlier this year, is likely to conclude next quarter, the people said, speaking on the condition of anonymity.

To be experienced in March, this eclipse season will turn long-established stories upside down, compelling people to accept drastic changes in many areas of life.

Dan Ives has been Tesla's biggest cheerleader for years, but surprisingly even Ives has sounded the alarm over CEO Elon Musk's increasing forays into politics and other business interests appear to be hurting the company, according to a report.

«If we do make a higher low than the low that we made last time and then manage to move up from there, that would be a very-very positive sign for the overall market,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. Yes, we just tend to get happy too soon, too quick when you look at the markets, a mild bit of rebound, and you are really pretty enthused and kicked about it thinking that maybe things are actually turning for better. Once again, a down day now. Rohit Srivastava: I do think things are turning for better. If you look at the last two-three days of price action in India and across Asia, what you will really witness is that most of the markets are resilient in the face of US-based news flow and volatility, which is partly because a lot of the selling in India and Asia was already going on since the month of October. In some parts of the world, even since June and July. So, many of the markets had already corrected. The US stock market is the last one to correct. Whatever the reasons may be, but if we just put it in the broader light of what has been happening, if there was a correction overdue in the world, it happened in other world markets first and it is happening in the US last and so that is why you are not seeing such a big impact of the US volatility now.

Sridhar Vembu, the chief scientist and founder of Zoho, believes that the current challenges in the software job market stem not from artificial intelligence replacing jobs—at least not yet—but from a deeper systemic issue. In a lengthy post on X, Vembu, who has been associated with the software industry for 30 years, said over the past few decades, enterprise software has accumulated massive inefficiencies due to an influx of venture capital, private equity, and IPO-driven funding. This overcapitalization led to an artificial expansion of the software industry, creating a market bloated with duplicated IT systems, excessive hiring, and misplaced incentives, he said. One of the primary drivers of this inefficiency, Vembu said, has been aggressive marketing by software vendors, adding that cCompanies have long relied on tactics that instill fear, uncertainty, and doubt (FUD) in corporate customers, pushing enterprises to increase their IT spending without necessarily improving efficiency. «Software vendors applied liberal doses of marketing spending to spread Fear (of missing out) and Uncertainty (»tech is changing, you need us") and Doubt («are you confused? trust us») among corporate customers and the result was ever growing IT spending," he said.

Subscribe to enjoy similar stories. Electrical equipment maker Schneider Electric is working on the next phase of investments in India and would soon roll out its capital expenditure (capex) plans, a top company official said. In an interview, Deepak Sharma, managing director and chief executive of Schneider Electric India, said that the company is working on manufacturing large-scale stationary batteries in the country in view of the growing demand for storage, and is exploring the right chemistry and technology for the business.

Indo-US nuclear deal — especially expanding atomic power through foreign and private collaboration — in deep freeze is positive. But it has also put the spotlight on one of the most coveted, yet closed, spaces of India's security system: the atomic energy establishment. What this budget set rolling is just the beginning of a series of crucial decisions that could necessitate the Department of Atomic Energy (DAE) to make a fundamental shift in its approach. Which is why it may not be an easy path ahead. The first decision relates to management of the nuclear fuel cycle. At present, the entire cycle from mining the ore, obtaining nuclear fuel, to electricity production and then waste management is under DAE's strict control. The Atomic Energy Regulatory Board (AERB) ensures safety oversight in a tightly controlled affair monitored by the Atomic Energy Commission (AEC).

I was born in Mangalore, to a business family and have moved around quite a bit. I hold a Bachelor’s Degree in Commerce (Sydenham, Mumbai) and a Post Graduate Diploma in Management (PGDM – T.A. Pai Management Institute), which laid the foundation for my career. My academic background and early exposure to the asset management industry helped in shaping my career in the equity markets. How did you land up in this job?

Climate change is growing stronger and more robust, and the cooling, counter effects of La Nina may not be effective in a warmer future, climate scientists said, assessing current heat trends seen in large parts of the country. The India Meteorological Department (IMD) has predicted an early summer this year, with above normal temperatures and intense, long heatwave spells. The country experienced its warmest February since 1901, with the fifth lowest rainfall since 2001, it said. While human-caused climate change is increasingly driving a 'new normal' marked by a warmer winter and shorter spring, scientists also draw attention to the yearly changes in weather patterns, termed 'year-to-year variability'.

Have you ever reached for your phone after hearing a notification, only to realize there wasn’t one? Or felt an odd sense of anxiety when your phone was out of reach? If so, you might be more conditioned than you think. A recent study suggests that our addiction to smartphones mirrors Ivan Pavlov’s famous experiment on dogs—where a simple bell trained them to salivate, much like our brains now respond to the ping of a notification.

economic data to gauge the Federal Reserve's interest rate trajectory, which could also have a bearing on the domestic rate cycle. While yields on most bonds were flat, that on the 10-year benchmark bond rose slightly after the Reserve Bank of India did not include the note in next week's bond purchase.

ICC Champions Trophy final could shape the future of Indian cricket, particularly in terms of leadership and preparations for the 2027 ODI World Cup and the next World Test Championship cycle, ToI has reported. According to sources, the result of this pivotal match is expected to guide the direction the Board of Control for Cricket in India (BCCI) takes with regard to captaincy, especially for Rohit Sharma, as the board looks for stability over the next two years. While discussions regarding the future of Rohit’s leadership in both ODIs and Tests could take a tough turn, BCCI is aiming for a consistent leadership strategy in preparation for upcoming international events.