Opinion Financial News

Mutual Funds (MFs) in companies listed on NSE rose to yet another all-time high of 9.17% QoQ as on June 30, 2024, from 8.93%, powered by strong net inflows of Rs 1.09 lakh crore during the quarter, according to data compiled by primeinfobase. The share of Domestic Institutional Investors (DIIs) also increased to 16.23% from 16.07% during the quarter. Meanwhile, with Foreign Institutional Investors (FIIs) pulling out Rs 7,693 crore from the market during the quarter, their share declined to a 12-year low of 17.38%, down by 34 bps.

Tilak: The Empire’s Biggest Enemy, in a sense, completes the triumvirate of the three interrelated historical legacies that have shaped modern Maharashtra and dramatically impacted national life. As Tilak’s last major biography in English appeared perhaps half a century ago, this fresh evaluation of his political career is timely given the tectonic shifts that have since taken place in India’s pollical culture.

Euro Cup ended simultaneously this year and the world awaits the Finalissima for this year, which will see the winners of both these iconic championships, go head-to-head against each other. Meanwhile, there are also multiple speculations around the 2024 Ballon d'Or winner, with some of the world's leading analysts, stars and veterans lending their opinion on who could be the winner of this coveted title this time around.

Reserve Bank of India (RBI) has announced a final redemption price for the first tranche of the sovereign gold bond (SGB) scheme at Rs 6,938 per gram and fixed the redemption date as August 5, Monday. Those who invested in the scheme have made an income of a whopping 122% (Rs 3,819) over the issue price of Rs 3,119 per gram. This does not include an interest income of 2.5% given by the government. The 2016-17 SGB Series I was issued on August 5, 2016. The SGBs are repayable on the expiration of eight years from the date of the issue of the gold bonds.

Bigg Boss OTT 3 brought an exhilarating journey that culminated on Friday, with Sana Makbul emerging victorious. The grand finale, hosted by Anil Kapoor, was a night of high drama and excitement, where Sana triumphed over rapper Naezy to clinch the coveted trophy and a cash prize of Rs 25 lakh. Sana's time in the Bigg Boss house was filled with ups and downs.

Changing times call for new features – so our team has been working hard behind the scenes and we’re excited to launch our new website on Monday, 5th of August.

Titan, Hindustan Zinc and Delhivery. Apart from the above, companies like Britannia, Aeroflex Industries, IDFC, Infibeam Avenues, Ion Exchange, LIC Housing Finance, Lloyds Enterprises, NIIT, Samhi Hotels, Saregama will also declare their June quarter results.

Today will be the last opportunity for investors to purchase the shares of these companies in order to be able to qualify for the announced dividends. For the eligibility of the dividends, shareholders are required to buy the shares of the company at least one day before the ex-date, which ensures the settlement of the transaction on the following day.

prisoner swap with Russia was «not an easy decision» and called on Russia and Belarus to free all political detainees. Russian citizen Vadim Krasikov was jailed for assassinating a former Chechen rebel commander in Berlin in 2019. German government spokesman Steffen Hebestreit said the decision to send him back to Russia had been informed by Berlin's duty towards German citizens and solidarity with the United States.

The Michigan Supreme Court has overruled the Legislature and reinstated major changes to the state’s minimum wage and sick leave laws

The revenue from operations, meanwhile, jumped 12% YoY to Rs 27,039 crore in the reporting quarter. The same stood at Rs 24,137 crore a year ago.

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive artificial intelligence could be for the wealth management industry.

Going RIA is often compared to being in a candy shop. With so much candy – or tools – to choose from, it can be overwhelming to narrow down the best flavors.

Parliament as she lost her temper when addressed as 'Jaya Amitabh Bachchan' by Deputy Chairman Harivansh Narayan Singh.

DLF, Bata India, and Sundaram Finance among 16 companies will likely remain in focus today as they had declared July 31 as the record date to determine the eligible shareholders for the dividend payment. This means that today is the last day to buy the shares of these companies to be able to qualify for the dividends announced.

Rail Vikas Nigam (RVNL) surged 3.3% to its day’s high of Rs 626.65 on BSE after the company emerged as the lowest bidder for the development of distribution infrastructure in Himachal Pradesh by the Himachal Pradesh State Electricity Board (HPSEBL). The company has also informed that the total contract size of the project is around Rs 739.07 crore and the estimated time for the completion of the said project will be around 24 months.

JD Vance has been announced as Donald Trump’s running mate. According to many Republicans, this could be a disastrous move and Trump may be reconsidering his choices. Survey after survey indicate that the Ohio Senator is in fact the most unpopular vice-presidential nominee in the country’s history since 1980.

Shares of Biogen slid Friday after a European regulatory committee said the Alzheimer’s treatment Leqembi should not receive marketing approval

AIA Engineering via a filing on Monday announced that the company’s board might consider a buyback of its shares in its upcoming meeting. Following this announcement, the shares of the company jumped 7% to its new all-time high of Rs 4,690 on the BSE. “The meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, August 07, 2024, to consider a proposal for buy-back of equity shares of the company and other matters incidental and necessary thereto, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended, and other applicable laws,” said the company in a filing to the exchanges.

Joe Biden for Gaza" and his continued support for the Israeli counteroffensive against Hamas.