Digital Financial News

Dividend vs growth Investing in mutual funds allows investors to direct their savings to opportunities that match their risk profile and financial goals. Mutual funds typically offer two options for investing: dividend and growth.

equity cult to spread widely after the euphoria of the first set of financial reforms in 1984, memories of money made in the Reliance public offer, and the market boom of 1985 that spawned financial journalism and company analysis for public consumption. Forty years later, we are still a country with a small percentage of the population investing in equity. Investors in equity still focus on IPOs and trading. They like the idea of making money quickly and see equity as some skill-based gamble that pays off. A small group intensively pursues equity analysis and invests in stocks with long-term conviction. Mutual funds, portfolio management services (PMS) and alternative investment funds (AIF) are part of many household portfolios, but that growth has been gradual, taking its time to entrench itself. The majority that lies outside these pursuits still remains sceptical, unwilling and somewhat scared. When I tell them that equity investing is like participating in the success stories you see around you in every day life (Peter Lynch made that persuasive case so many years ago), they are unable to grasp it as an implementable idea. Do your children go to government schools? Who is is your mobile service provider? Which bank do you have an account with? Where do your grown-up children work? Who delivers your grocery and food? I ask these questions to simple investors who care to listen. They understand that the economy is now driven by private players, not the government.

Stocks continued with last year’s chosen six. The 2023 basket of fund managers’ favourites clocked 31.5% versus 30.8% gain in the BSE 500 index. Sharp gains in Muthoot Finance, Coromandel International and ICICI Lombard contributed to the overall outperformance. After 10 editions of the Most Wanted Stocks, we can proudly say that seven out of 10 portfolios have beaten the index. The most outsized gains have come from our 2022, 2019 and 2018 portfolios. The 2015 and 2016 baskets also fared well, while excess return in the 2014 portfolio— first edition of the Most Wanted Stocks—was modest. As is typical in investing, returns from most baskets have been powered by outsized return from 2-3 positions. The year 2019 is the only exception, where all bets have delivered a healthy return. The 2020 portfolio also fetched healthy return with all bets in the green but still lagged the broader index. The portfolios of 2017 and 2021 have let us down badly, running into losses. While the 2017 basket was crippled by two NBFC bets, the 2021 basket was tainted after seeing red in four out of seven bets.

stocks with a market cap of over Rs.100 crore, 80.6% (or 2,425 stocks) delivered negative returns in October. Moreover, 1,999 stocks, or 66.4%, saw a price fall of more than 5%. The returns are calculated for closing values between 30 September and 25 October. Strong FPI selling, driven by the Chinese stimulus, low Chinese stock valuations, Middle East tensions, and crude oil volatility have weighed on the equity markets.

In this field, the fundamental principles of wealth-building rarely change—start early, save regularly, invest carefully, trust equity, avoid unproductive debt, and think long term. Yet, each week, I sit down to share these permanent truths through fresh perspectives, new examples, and current context that can appear relevant to today’s readers. The challenge isn’t finding new truths; it’s helping readers rediscover the old ones in ways that click with them and create that moment when interest and knowledge transition to genuine understanding. Of course, the job is made easier because, at the fundamental level, readers, too, need the same points to be emphasised again and again, and the same warnings offered repeatedly. For instance, the perennial allure of market timing has made the current market decline even more attractive. No matter how often one warns against it, each market cycle brings a fresh wave of investors convinced that they can spot the perfect moment to buy or sell. Or consider the fatal attraction of derivatives, hot tips and investment fads like crypto. The packaging changes, but the targeted speculative impulse remains unchanged. What makes financial writing both challenging and rewarding is that people are remarkably consistent in their behavioural patterns, even as they convince themselves that ‘this time it’s different’. Perhaps that’s why the best financial advice often feels obvious when stated, and difficult to follow in practice.

US election 2024 results on Tuesday night (November 5) may not know the outcome unless Democratic nominee Kamala Harris or Republican candidate Donald Trump scores a significant victory in most states, especially the so-called swing states. If there are no blow-out margins of victory and the election numbers follow the polls all of which give leads within the margin of error — with crucial swing state Pennsylvania’s as narrow as 0.4 per cent for Trump — it may take days or even weeks to sort out the contested results with recounts, as per an IANS report. Traditionally, the candidate losing the election concedes defeat even before the official announcement of the results if the outcome is clear. But Trump has not admitted he lost even four years after President Joe Biden defeated him in 2020.

Sylvester Stallone stars in Armor, an intense heist thriller set for a November 2024 release. The story follows Stallone’s seasoned thief as he attempts a high-stakes armored truck robbery that takes unexpected twists.

It has been decades since the polls have shown the nation facing a presidential race that is so close across so many states in both the Sun Belt and the Rust Belt. The tightly contested landscape means the race remains highly uncertain as the campaign enters its final hours, as per a report on NYT News Service. Harris is now narrowly ahead in Nevada, North Carolina and Wisconsin, the polls show, while Trump leads in Arizona. The polls show them locked in close races in Michigan, Georgia and Pennsylvania. But the results in all seven states are within the margin of sampling error, meaning neither candidate has a definitive lead in any of them.

Early in-person voting, which ended Saturday, has become increasingly popular in the presidential battleground state over several election cycles. People can simultaneously register to vote and cast ballots at early voting sites, AP reported. Four years ago, a record 3.63 million people voted at hundreds of sites in all 100 counties during the early-voting period. This year, the state exceeded that total by Thursday, days before the period ended, the board said.

Paddington in Peru, the latest installment of the Paddington film series. The movie’s trailer dropped following the UK release over the summer.

Bharti Airtel is slated to deliver 13%-16% growth in consolidated revenues/Ebitda compounded annually through FY24-FY27, propelled by a combination of more frequent tariff hikes, a ramp-up of its 5G-based fixed wireless access (FWA) offerings as well as a steady growth of its non-mobile businesses and Africa operations, analysts said. They added that reduced capex spends towards 5G and rural network expansion from FY25 onwards is also slated to help the nation's second-largest telco generate substantial free cash flows (FCF) in the next two fiscals. «With a moderation in capex intensity, Airtel is likely to generate significant free cash flows of ₹33,000 crore-₹43,000 crore in FY25-FY26, which should lead to significant deleveraging and improvement in shareholder returns,» Motilal Oswal said in a research note seen by ET.

data centre market. With a colocation capacity of 88 MW, the city is well positioned for the digital economy of the future. Sobia Khan finds out more:

Reserve Bank of India (RBI) seeking integration with its Centralised Information Management System (CIMS) platform, aiming for real-time verification of limit utilisation under the Liberal Remittance Scheme (LRS), said people familiar with the development. Under the LRS, Indian citizens are allowed to remit up to $250,000 per financial year for various permissible transactions. The move can also fast-track the inclusion of international credit card spending under LRS regulations, according to the people.

Insolvency and Bankruptcy Code (IBC) to address future challenges in corporate recast effectively. In an internal communication dated October 30, the ministry said: «The Code's adaptability to evolving business landscapes ensures that it remains dynamic and responsive, while its continuous refinement will be essential for effectively addressing future challenges in insolvency management and corporate restructuring». The communication to stakeholders comes ahead of the government's plan to introduce a raft of amendments to the IBC in the winter session of Parliament, likely in December.

Here's how the outcome will affect our economy, through the lens of three main transmission channels:

Kamala Harris campaigns in Michigan on Sunday while her Republican rival Donald Trump will stop in three eastern battleground states just two days before Tuesday's US presidential election. Opinion polls show a historically close race, and a New York Times/Siena College poll published on Sunday showed Vice President Harris and former President Trump neck-and-neck in the seven states that are likely to determine the outcome on Tuesday. A poll showing Harris leading in Iowa-a state Trump won easily in the past two elections-raised the possibility of an unexpected outcome, though another poll showed her trailing in that state.

Dalai Lama The purpose of life is to strive for happiness. We are here; we exist and we have the right to exist. Even non-sentient beings like flowers have the right to exist. And, as sentient beings, we have even more mechanisms to help us survive. Pleasure and pain, happiness and unhappiness, are things that we need to examine in depth. For example, every sentient being has the right to survive; this means having a desire for happiness or comfort: that's why sentient beings strive to survive. Therefore, our survival is based on hope — hope for something good: happiness....

«I really wouldn't believe it if they told me she won,» Brandon Dent, 22, told AFP, referring to Trump's rival, Vice President Kamala Harris. «He'll take it in a landslide,» the delivery driver said, observing the thousands of fellow Trump supporters lining up to see the president speak in the Virginia city of Salem, nestled among gentle mountains brushed in red and orange by the fall foliage.

trailer for the second part of Outer Banks Season 4 shows the Pogues chasing new adventures and facing higher stakes.