Cycling Financial News

Mutual funds have a significant impact on empowering women financially and establishing a stable financial future, says Priyanka Wadhwa, Co-Owner, Kapila Krishi Udyog. In an interview with MintGenie, Wadhwa said that a disciplined approach can be a game-changer, helping us women steadily grow wealth regardless of market fluctuations and actively work towards achieving their financial goals. Financial literacy is an incredibly empowering tool for women, allowing them to break free from financial dependence and take charge of their futures.

DSP Mutual Fund on Thursday announced the launch ofDSP US Treasury Fund of Fund, an open-ended fund-of-funds scheme investing in units of ETFs and/or funds focused on US Treasury Bonds. The new fund offer or NFO of the scheme is open for subscription and will close on March 13. The scheme will offer investors an opportunity to benefit from Fed interest rate policies by investing in US Treasuries. More than 95% of the fund's assets will be invested in the money market, floating rate, short, medium and long-duration funds.

Investing.com-- Gold prices rose to a record high in Asian trade on Thursday, buoyed chiefly by comments from Federal Reserve Chair Jerome Powell that the central bank will cut interest rates in 2024.

By Leika Kihara

Tata Motors’ BA3 ratings with outlook remaining positive, reported new agency PTI. Moody's has also affirmed Tata Motors Ltd's (TML) Ba3 senior unsecured instrument ratings, Moody's Investors Service said in a statement. 'Ba' are judged to have speculative elements and are subject to substantial credit risk with the modifier 3 indicating a ranking in the lower end of that generic rating category, according to Moody's obligations.

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₹98,374, or $1,183, in FY23. Despite its FY25 growth forecast being slightly below the RBI's 7% projection, Crisil maintained that India will remain the world's fastest-growing major economy.

fixed deposits (FDs), small savings schemes and debt mutual funds. Although most retail investors invest a small portion in the small savings schemes in order to save for the purpose of taxation, the other asset categories such as debt funds and fixed deposits help in wealth creation.

₹8.4 /kWh in April 2009 before plummeting, dragging down the entire sector including utilities, equipment providers, and financiers, it noted. The downfall of the last cycle can be attributed to various factors, primarily stemming from the initial phase of privatisation, stated Bernstein. Amidst a landscape dominated by government agencies and influenced by political agendas, the sector was buoyed by easy financing from banks and NBFCs, leading to its eventual collapse.

The Indian SaaS market is also expected to touch $37 billion in market size by 2028, from $12 billion presently, the analysis showed.

meme coins has spiked on Indian cryptocurrency exchanges, taking a cue from a resurgence in the global crypto market where the blue-chip Bitcoin and Ethereum currencies have scaled to new record highs after a year and half of falling prices. Popular meme coins such as Shiba Inu (SHIB), Dogecoin, Floki, Vita Inu, Doge Bonk and PepePAD accounted for around half the total trading value of $113 million on the top three Indian crypto exchanges in the 24 hours till 7 pm Tuesday, according to data from global crypto data platform CoinMarketCap.

Elon Musk’s actions having an effect on the crypto market is nothing new. We’ve seen this many times before. But usually, they center on pumping or dumping Dogecoin ($DOGE). This time, WorldCoin ($WLD) slips as Elon Musk sues OpenAI. Now that the AI narrative is losing steam and memecoins and GameFi projects are back in the lead, could Galaxy Fox ($GFOX) be a better investment?

The United States economy is powering ahead while the economies of Canada, the United Kingdom and Australia are slowing from softer consumer demand caused by higher interest rates, the head of Canada’s biggest bank said Tuesday.

NASA’s James Webb Space Telescope (JWST) for the next two years. According to the STScl Cycle 3, a total of 253 General Observer Programs are selected, dedicating approximately 5,500 hours of James Webb Telescope’s prime time and up to 1,000 hours of parallel time to explore various celestial phenomena in the next two years.

Lonski Group founder and president John Lonski joins 'Maria Bartirom's Wall Street' to discuss BlackRock's chief investment strategist warning of inflation rebound.

Gurmeet Chadha, Managing Partner & CIO, Complete Circle Consultants, says maybe the current upside in Tata Motors could be tapped. But in his view, the way electrification is progressing, if they can demonstrate more, the PV business and eventual listing of EV business will create more value. So long term, it is still constructive. In the short run, the bulk of the positive news probably is getting reflected in this. On Tata Motors demerger. What changes for the investor? Is this a trigger to add positions or just continue holding on? Gurmeet Chadha: A lot of re-rating in Tata Motors has already happened. The stock was around 100 levels during Covid and it has been a 10x turn, a phenomenal wealth creation. That has more got to do with the turnaround businesses. They have reduced debt. For example, the JLR margins went up by 400 basis points last quarter. The overall margin got a boost. In the CV portfolio, the EBITDA margin was up almost 210 to 240 basis points.

The main credit card types in ICICI Bank are Platinum, Coral, Rubyx and Sapphiro Credit Cards. But there are several Credit Cards available on the ICICI Bank website, such as the Amazon Pay ICICI Bank Credit Card etc. According to the ICICI Bank website, “The cards will have the same pricing; irrespective of the network variant opted for, unless stated otherwise. Cards with no Joining Fee / Annual Fee will have no joining / annual benefits. This applies to all cards, except Accelero ICICI Bank Credit Card. Cards sourced with no Joining / Annual fee, will not have these charges levied in the statement cycles. However, the Bank reserves the right to revise the policy and charge Annual fee on the card in future with due intimation to customer as per regulatory guidelines.”

Ohio is ready to begin doling out hundreds of millions of dollars in opioid settlement money to community and government organizations

Tracker' received 16 million multiplatform viewers and became the most-watched new series since 'Big Bang Theory' prequel Young Sheldon', CBS planned to make its second season, reports 'Variety'. Launched on February 11, it now ranks as the No. 1 show. It is CBS' first series to be renewed for the 2024-25 broadcast cycle. With 'Elsbeth' being launched last week, 'Tracker' is one of only two rookie originals to launch as part of 2023-24 season. CBS will now focus on this show as it is wrapping 'Blue Bloods', 'Bob Hearts Abishola', 'SWAT' and 'Young Sheldon' this year.

The deals market is ripe for a rebound after a protracted slump, according to the head of Macquarie Asset Management.

JPMorgan Chase & Co. acquired LayerOne Financial, an investment management platform that was spun out from Fortress Investment Group, as it seeks to improve its offerings for hedge funds.