Extreme Financial News

Mint for the Guru Portfolio series. In this series, leaders in the financial services industry share how they manage their own money. “I have no plans to retire.

The ongoing bear market in Treasury bonds is among the worst on record, but several sectors of the fixed-income market remain ports in a storm, based on year-to-date results through Thursday (Oct. 5) for a set of fixed-income ETFs.

Heritage Bank chief executive Peter Lock says “the mortgage wars are not over” and is bracing for a fresh competitive push from Commonwealth Bank after its market share declined in July and August.

Over the last year, the Securities and Exchange Board of India (Sebi) has been working relentlessly to enhance the participation of retail investors in the corporate bonds market. It started in October 2022 with a circular titled ‘Reduction in denomination for debt securities and non-convertible redeemable preference shares’, whereby it reduced the minimum face value of listed debt securities under private placement from ₹10 lakh to ₹1 lakh. For the uninitiated, the ticket size of publicly issued bonds is ₹1,000. In November 2022, Sebi’s subsequent circular titled ‘Registration and Regulatory Framework for Online Bond Platform Providers (OBPPs)’ prohibited these providers from facilitating unlisted debt securities transactions to protect retail investors from liquidity risk in such investments.

Click here! "When Partition of the country took place, lakhs of people were massacred. A large area of India became Pakistan. The Sindhi community suffered the most as it had to leave its motherland.

cameras of the iPhone are always a big talking point, and the iPhone 15 series is no different. Apple has beefed up the camera specs — for both the Pro and vanilla models — and brings significant upgrades compared to its previous offerings.

caste census in Bihar, BJP leader Rajyavardhan Singh Rathore on Saturday said that people of the state have been fooled by the Nitish Kumar government with this survey. Rathore claimed that many videos are surfacing from the state where people are mentioning that no government official came to their houses for the census exercise. Speaking to ANI, Rajyavardhan Rathore said, «They have fooled people of Bihar.

Canada and India, with some officials concerned it could upend the U.S. strategy toward the Indo-Pacific that is directed at blunting China’s influence there and elsewhere. Publicly, the administration has maintained that Canadian Prime Minister Justin Trudeau's allegations that the Indian government may have been involved in the killing of a Sikh separatist near Vancouver are a matter between the two countries. But U.S.

Click here! Earlier, Congress leader Rahul Gandhi while addressing a rally in poll-bound Madhya Pradesh's Shajapur district also said that if his party came to power at the Centre, it would conduct a caste-based census to benefit all sections of society, particularly Other Backward Classes (OBCs) in the country. Earlier in Chhattisgarh, Congress General Secretary Priyanka Gandhi Vadra on Friday asserted if Congress is re-elected to power in the state, a caste census will be conducted in the state, similar to the one carried out in Bihar.

Home Minister Amit Shah on Friday reviewed the security situation in Naxal-affected states where violent incidents have come down by 77 per cent in 2022 in comparison to the high of 2010, officials said. The review meeting was attended by the chief ministers of Maharashtra, Andhra Pradesh and Jharkhand. Maharashtra Deputy Chief Minister Devendra Fadnavis also attended the meeting where Odisha, Bihar, Madhya Pradesh and Chhattisgarh were represented by state ministers.

Click here! The weather department in its latest bulletin on 5 October stated that that "conditions are becoming favourable for further withdrawal of Southwest Monsoon from remaining parts of Jammu-Kashmir-Ladakh-Gilgit-Baltistan-Muzaffarabad, Himachal Pradesh, Uttarakhand, West Uttar Pradesh, West Madhya Pradesh, Gujarat state; some parts of East Uttar Pradesh, East Madhya Pradesh, Maharashtra during next 2 days. It also added that above normal rainfall activity is likely over extreme south Peninsular India; below normal over Northeast and Eastcentral India and normal rainfall activity over rest parts of the country during 12-18 October.

WhiteOak Capital Mutual Fund has launched the ‘‘WhiteOak Capital Balanced Hybrid Fund’, which is an open-ended balanced scheme investing in equity and debt instruments. The New Fund Offer (NFO) opened from today (October 5, 2023) and will remain open till October 19, 2023. 

“Over the medium and long term is indeed constructive and India is at the cusp of a multi-year growth cycle led by capex, credit growth, consumption & corporate profitability,” says Devang Mehta, Director – Equity Advisory, Spark Capital Private Wealth Management. In an interview with ETMarkets, Mehta said: “We like themes & sectors related to Credit growth, financials and Capital expenditure as well as Consumption could lead next leg of rally on D-St,” Edited excerpts: Nifty hit 20200 levels and then we saw some bit of healthy profit-taking amid muted global cues. What is your take on markets for the medium to long term? A bit of shake-out, when money-making becomes extremely easy, is a usual phenomenon in the markets. That said, such ebbs & corrections always act as cautionary notes and bring gravity to the proceedings.

RBI) have rarely been this comfortable when developed nations' financial markets were in turmoil. Soaring yields, rising defaults, wobbly financial markets and troubled geopolitics are all around, but few ripples are seen here. When the Federal Reserve chairman and the European Central Bank president are still guiding for raising interest rates, RBI Governor Shaktikanta Das, when he reveals the status quo monetary policy on Thursday, can step aside while providing the central bank's customary cautionary footnote on remaining vigilant. At the heart of monetary policy making is prices and the character of that is diverging between developed markets and the emerging markets, especially India, which tracks a consumer price index loaded with food articles. Prices are set to rise more than the target for some more quarters, but the solace is that the RBI's target of 4% is less than 200 basis points away.

NEW DELHI : Inox Air Products Pvt. Ltd, India’s largest industrial gas producer, is planning to invest ₹300-500 crore to build ultra-high purification facilities and a supply chain for gases used by semiconductor fabrication facilities in India.

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U.S. stocks finally stopped falling yesterday following data indicating a slowdown in job growth, which alleviated concerns about the Federal Reserve's monetary policy direction and put a halt to the recent surge in bond yields.

Mutual Fund Scheme and is also eligible for Long Term Capital Gain Tax with Indexation Benefit, with holding period of more than three years. Speaking on the new fund offer, Aashish Somaiyaa, CEO, WhiteOak Capital Asset Management Limited said, “Originally, Balanced Funds were supposed to be just “Balanced".