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Subscribe to enjoy similar stories. It’s been a remarkable transformation for Varun Venkit. Until three years ago, he was a regular volunteer at ultra cycling races around the country, marvelling at the efforts of the competing riders.

Subscribe to enjoy similar stories. Shares of Mahanagar Telephone Nigam Ltd (MTNL) have soared 25% in just a few days, but this isn’t a sign of a turnaround—it’s a rally driven by relief. Investors are cheering yet another government intervention to keep the struggling state-owned telecom operator afloat.

Subscribe to enjoy similar stories. New Delhi: India is currently in the midst of two extremely rare occurrences. First, Prayagraj is hosting the Maha Kumbh, which occurs once in 144 years.

«What you say is the consensus view out there. I mean, there are people who are saying that emerging markets is no longer an asset class because of multiple things that you just mentioned. But here are a few things. One, if you look at the valuations overall for emerging markets, if the US is trading at 22, we are at 20,» says Swanand Kelkar, Breakout Capital Advisors. What is keeping you busy these days? Swanand Kelkar: So, as you know, the Breakout Capital Fund is an emerging markets long biased fund, which invests across 30-35 best quality stocks across emerging markets, including India. And India, again, no points for guessing, is one of the largest allocations that we have.

RBI) is expected to cut interest rates for the first time in nearly five years this Friday on waning concerns about stubborn inflation, economists and investors polled by ET said, as Mint Road's priority changes to helping a visibly slowing economy accelerate.

expenditure secretary Manoj Govil tells ET in an interview. Edited excerpts:

Cushman & Wakefield Chairman of Global Brokerage Bruce Mosler discusses President Donald Trumps impact on commercial real estate and how Americans are handling 7 percent mortgage rates.

While many were talking about the need for interest rate cuts, the real issue at this point was the slowdown in consumption. The government has put money in the hands of people at the lower end of the income spectrum through tax reductions. This was the need of the hour and, in that context, it was the right budget for this stage of the economic cycle.

Subscribe to enjoy similar stories. Ever since India’s government set the goal of a Viksit Bharat by 2047, Union budgets have been bifocal. Massive outlays for an infrastructure build-up have been emblematic of this approach, designed to spur demand and multiply incomes during the year on one hand, while also acting as a long-term enabler of GDP expansion on the other.

Nifty Smallcap 100 and Nifty Midcap 100 delivering returns of over 78% and 70%, respectively. But the tide seems to be turning as these indices enter a cooling-off phase. Currently, the Smallcap index has corrected by 20%, while the Midcap index is down 16% from their all-time highs. Is this just a healthy breather or a sign of deeper challenges? In this article, we’ll explore past corrections, current trends, and what they could mean for the investors.

Subscribe to enjoy similar stories. iPhones have gotten much better over the years. For Apple, that isn’t always helpful.

Subscribe to enjoy similar stories. Chennai: As finance minister Nirmala Sitharaman dots the I’s and crosses the t’s of her speech she will deliver on 1 February, when she presents a record eighth consecutive budget, her biggest concern will be whether the proposals can dispel the clouds hanging over India, the world’s fastest-growing large economy. After the covid-19 pandemic, India experienced a scorching pace of growth for three years—on an average, the economy expanded by more than 8%.

Kenneth Andrade, Founder & CIO, Old Bridge Capital Management, there are three sectors showing strong single-digit growth and mid-teen profit margins that he finds appealing. One major industry is pharmaceuticals, where he believes the companies have a strong chance of success. We are the world's lowest-cost producer because we manage our own supply chain. Andrade is also very interested in the aviation sector and the broader transportation industry. The third sector is a well-established area in IT and IT services. Andrade further says that when the market recovers, it's important to review the ideas you invested in and stay patient. Build a portfolio that you want to keep for the next five years. With every chance you get, reinvest in the same stocks you already own. What is your experience telling you? Have markets peaked out for a long time? Are we in for a long winter? Kenneth Andrade: It depends upon how you categorise it. But I definitely think we have had a great five years, especially after the pandemic. And all of us need a little bit of a breather, including the marketplace. So, hopefully what set in at the beginning of this calendar year continues to consolidate and some of the froth needs to get out of the system. Too many excesses have been built up over the last two years. I hope that this consolidates well around this place.

Every Lunar New Year, millions across the world celebrate the arrival of a new zodiac cycle, a tradition deeply rooted in ancient Chinese legends. But beyond the fireworks, red envelopes, and dragon dances lies a fascinating tale—one that may just explain why cats and rats have been archenemies for centuries. According to legend, the Chinese zodiac came into existence when the Jade Emperor, the ruler of heaven, sought a way to measure time. He decided to host a grand race, inviting all the animals to participate. The first 12 animals to reach the finish line would have a year named after them in the order they arrived.

The Bank of Canada delivered a sixth consecutive interest rate cut on Wednesday but slowed the pace of its easing cycle.

Subscribe to enjoy similar stories. If loan defaults are growing faster than loan growth for any bank, it is a sign of worry. Take ICICI Bank, for instance.

Subscribe to enjoy similar stories. In its February meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will deliberate on whether the trajectory of policy rates has reached an inflexion point from where an easing cycle can begin. With a new RBI governor at the helm, the MPC will consider the latest information on consumer price index (CPI)-based inflation and GDP growth available since the last meeting.

Union Public Service Commission (UPSC) has introduced new guidelines for the 2025 civil services examination. The key change, effective from the 2025 examination cycle, is the requirement for candidates to submit documents supporting their claims regarding age and reservation categories at the time of applying for the preliminary exam. This change replaces the previous system where such documents were only required after candidates had passed the preliminary test.

«Our sense is that the recovery has started, government has started spending again, maybe not to the extent on the budgeted estimate, we will be still short of that, but we believe that the rest of FY25 we could see a sharp recovery coming on the capex side,» says Pankaj Tibrewal, IKIGAI Asset Manager. You have been quite bearish in terms of what you have been indicating in terms of your post and in terms of your communication that markets in the month of November and December had run up. Now that markets have corrected, is it time to be more constructive? Pankaj Tibrewal: So, if you look at it, three-four things have happened which were making us nervous for the last five-six months and we were cautioning all investors that the health of the economy is not in best of the shape. First, the liquidity, we spoke to dealer, distributors across for the last few months and the durable liquidity in the system is extremely tight and that is also reflected on the laf window if you look at the banking liquidity. Clearly, that incrementally with the governor change, our view is that that would be addressed and slowly and gradually if liquidity starts to ease out, that will be the first positive sign for all.

Subscribe to enjoy similar stories. There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on equity from 10% to 12.5%. However, since April 2023, the benefit of indexation has been taken away from debt-oriented mutual funds (MFs), and it is taxable at marginal slab rate (MSR).