Experts Financial News

In the world of finance, gravity can serve as a metaphor for the intrinsic forces that pull asset prices towards their fundamental values.

However, Australia’s recent “right to disconnect” policy now offers a concrete legal cover to employees: after work hours, they can refuse any demand related to work from their boss. While the benefits and challenges of this policy are still being speculated, it is a great step to increase employee retention. Given the rising cases of work-related burnouts in India, it’s important to understand the potential benefits and challenges associated with this policy in the Indian context. Benefits for organisations

Eros Group is expecting around Rs 900 crore revenue from its new housing project in Greater Noida (West) on strong demand for premium residential properties. The company has recently launched its new housing project 'Eros Sampoornam 3' in Greater Noida West comprising a total of 726 units. The project is spread over 5.5 acre and is scheduled to be delivered by 2028. To begin with, Eros Group has opened 318 units across five towers for sale and has already sold around 180 units valuing Rs 250 crore. Avneesh Sood Director, Eros Group said, «The early sales success reflects the trust and confidence that homebuyers have in our brand.»

Adani Group on Monday said it has pledged Rs 4,05,800 crore investment in renewable energy projects like solar, wind and Green Hydrogen at the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST) 2024. According to the Shapat Patras (pledges) submitted at RE-INVEST to the Ministry of New & Renewable Energy, the group firms — Adani Green Energy Ltd (AGEL) and Adani New Industries Ltd (ANIL), have made investment commitments in renewable projects by 2030. Adani Green Energy, India's largest renewable energy company, has committed 50 GW RE capacity by 2030 (currently at 11.2 GW operational capacity).

Bitcoin prices (BTC) fell over 2% on Monday and were trading at $58,826.93 around 1 pm IST ahead of the Federal Reserve's rate-setting committee meeting which begins on Tuesday. Major altcoins Ethereum (ETH), Tether, BNB, Solana, XRP, Dogecoin, Toncoin, Cardano, Avalanche, and Shiba Inu were trading with up to 5% losses around this time. Among gainers was Tron which was trading up by over 1% meanwhile.

fact-finding committee led by CN Ashwath Narayan visited the site of the violence along with BJP leaders and officials. He did not mince words in condemning the Congress government and accused it of its failure to maintain law and order. Narayan, the Chairman of the fact-finding committee, blamed the Congress government for what he described as 'appeasement politics.' Speaking about the incident, he said, «The Congress government has failed to maintain law and order. It is always engaging in appeasement politics. They are not clear, they are divisive, and they aim to divide society along communal lines for vote bank politics. These kinds of incidents keep happening repeatedly.»

LIC Housing Finance shares fell over 6% while those of PNB Housing Finance plunged nearly 7% as the stellar debut of Bajaj Housing Finance on Monday took away all the limelight from them. Bajaj's multibagger debut saw the stock get listed at a premium of 114%. LIC Housing shares today fell to the day's low of Rs 678 on the NSE amid strong volumes as more than 92 lakh shares changed hands around 2 pm. On the other hand, PNB Housing fell to the day's low 1,061.05 following a Friday rally where the stock had hit its 52 week high of Rs 1,202.20.

Indian stock markets, including equity, derivatives, and SLB segments, remain open today for trading on Eid-e-Milad-un-Nabi. It is however a settlement holiday and as such no settlements happen today, said Nithin Kamath, founder of online brokerage platform Zerodha in his post on the social media platform X. “Today is a settlement holiday, and thus, settlements of funds and stocks don't happen. This happens when banks in Maharashtra are closed, but trading on exchanges is open,” said Kamath in the post.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.0 per cent to Rs 5495.3 at 01:08PM (IST) in Monday's trade. The stock hit a high of Rs 5518.8 and low of Rs 5474.55 so far during the session. The stock had closed at Rs 5495.65 in the previous session. The counter had a total traded volume of 01:08PM shares so far with a turnover of Rs 1.79 crore on BSE. The stock traded at a price-to-earnings multiple of 87.01 and a price-to-book ratio of 6.71.

IPO) of Arkade Developers was fully subscribed within just 2 hours of its opening, with a subscription rate of 126% so far. Around 12 noon, the highest demand was driven by the retail investors, booking the issue by 2.15 times, followed by the non-institutional investors, subscribing the issue by 1.2 times. The portion for qualified institutional buyers had attracted only 3,300 bids against 67.44 lakh shares reserved for them.

European shares started a data-packed week on a lower note as traders maintained a cautious stance ahead of a long-awaited monetary easing cycle by the U.S. Federal Reserve, with many leaning towards a bigger-than-expected rate reduction. The pan-European STOXX 600 index was down 0.3%, as of 0710 GMT on Monday, with all major European markets lower and most of the sub-indexes trading in the red.

Tata Elxsi Ltd. gained 0.05 per cent to Rs 7717.75 at 11:57AM (IST) in Monday's trade. The scrip hit a high of Rs 7768.0 and low of Rs 7705.8 so far during the session. The stock had closed at Rs 7713.2 in the previous session. The counter had a total traded volume of 11:57AM shares so far with a turnover of Rs 1.92 crore on BSE. The stock traded at a price-to-earnings multiple of 61.14 and a price-to-book ratio of 19.34.

Subscribe to enjoy similar stories. Buy or sell stocks: After witnessing a massive upside move on Thursday, the Indian stock market consolidated on Friday and closed lower. However, banking stocks witnessed a decent demand throughout the session.

₹3,000 crore and a new issue of equity shares up to ₹3,560 crore.The aim of the share offering is to satisfy the directive from the Reserve Bank of India (RBI) for higher layer non-banking financial organisations (NBFCs) to list on stock exchanges by September 2025.To meet its future capital requirements, the firm will use the proceeds from the new offer to expand its capital base.Bajaj Housing Finance IPO GMP today is +75. This indicates Bajaj Housing Finance share price were trading at a premium of ₹75 in the grey market, according to investorgain.com.The estimated listing price of Bajaj Housing Finance share price was indicated at ₹145 apiece, considering the upper end of the IPO price band and the current premium in the grey market, representing an 107.14% increase from the IPO price of ₹70.After analysing the grey market activities from the last 26 sessions, it is evident that today's IPO GMP is on an upward trend, indicating a strong potential for listing.

Subscribe to enjoy similar stories. Mumbai: Credit growth that leapt far ahead of deposit growth has slowed, narrowing the gap between the two, as regulatory measures take effect and banks dial down a loan frenzy. The difference between non-food credit and deposit growth shrank from 311 basis points on 26 July to 275 bps on 23 August, latest data from the Reserve Bank of India (RBI) showed.

The voracious appetite among MF investors is evident in the flows pouring into funds. Gross money invested via systematic investment plans (SIPs) surged to an all-time high of Rs.23,547 crore in August. The total number of SIP accounts reached 9.61 crore, while the folio count surpassed 20 crore. The share of equity funds in total AUM now constitutes 62% of the industry’s AUM—an all time high—showing a growing appetite for risk. Individual share in total AUM has grown from 54.9% to 63.2%. However, investors are not simply putting more money in the existing funds in their baskets. They are adding new funds in a bid to boost their returns. This is a familiar story in every bull market. As fund performance kicks into higher gear and gets entrenched, investors start getting adventurous. They start fishing for bigger opportunities for outsized return. Recent table-toppers are the obvious targets for most. A recent study by ICICIdirect.com shows that investors have been piling on schemes that have topped the charts in the past three years.

While the tax benefits on these investments have shrunk in the past few years, things have been very different for the National Pension System (NPS). Tax benefits for the NPS have progressively increased in the past 10 years, each change making the pension scheme more advantageous for the investor. This year’s Budget has enhanced the tax deduction for those opting for the new tax regime. Under Section 80CCD(2), up to 10% of the basic pay put in the NPS is tax-free. This has been increased to 14% of the basic pay under the new tax regime. This makes the NPS a compelling investment. A person with a basic salary of Rs.1 lakh a month can potentially save Rs.52,000 in tax by opting for the NPS benefit. High income earners with large investible surpluses will find it especially beneficial. Some corporates are going the extra mile to encourage their employees to sign up for the pension scheme. “A leading MNC offered to contribute Rs.1,000 for six months for every employee who chose to open an NPS account. It’s like a Swavalamban scheme for corporate employees,” says Sriram Iyer, CEO of HDFC Pension.

loan against shares (LAS) is a way to access liquidity without selling valuable shares. This enables investors to leverage their equity portfolio to meet immediate financial needs, such as business expansion or personal expenses. How LAS works Under LAS, investors may pledge their shares as collateral to secure a loan. Banks and non-banking financial companies (NBFCs) offer this service, with the loan amount usually capped at 50% of the market value of the pledged shares. The borrower can continue to retain ownership of the shares, enjoy dividends and voting rights. However, the shares are held in a demat account, with a pledge marked in favour of the lender until the loan is repaid. The loan can be structured as a lump sum or an overdraft facility, giving flexibility to the borrower. Eligibility

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

amnesty scheme to clear their dues to the authorities. Following the recommendations of the Amitabh Kant committee, the development authorities in the National Capital Region had given developers until August 31 to clear 25% of their outstanding dues and make payments towards additional farmer compensation, with certain benefits offered. Recently, the Noida authority sealed the unsold land of the Omaxe Group, as the company had outstanding dues of ₹457 crore.