Parke Financial News

1. Lonavala, Mahabaleshwar, Matheran in Maharashtra: Maharashtra in the monsoon season is filled with greenery, waterfalls. Right from forts, hills, beaches to forest, the state has a vast varierty to offer.

ETFs, or exchange-traded funds, altered the landscape of investing for retail investors. Launched on the NSE (National Stock Exchange) on January 8, 2002, the ETF witnessed trading of Rs 1.30 crore on its very first day, according to the data of the NSE. This novel financial instrument was proof that one does not have to be an expert analyst to be able to park money in different asset classes.

President Joe Biden will announce a new national monument to preserve land around Grand Canyon National Park and limit it from mining

President Joe Biden will use his visit to Arizona to formally announce a national monument designation for the greater Grand Canyon

Mindspace Business Parks REIT has rejigged its senior management to ensure stability and continuity of leadership to drive the next phase of growth. The K Raheja Corp-backed listed entity has appointed Ramesh Nair as Chief Executive Officer, with effect from September 1 while elevating Vinod Rohira to Board Member of the REIT.

₹20,000 crore per year, NDTV has reported. This study was conducted by MN Sreehari, a traffic expert and his team. They look over issues in the city related to road planning, flyover, traffic management and infrastructural deficit.

Penny stocks are often treated like 'kachra' stocks by matured investors who happily ignore all get-rich-quick schemes. However, one can't help but take notice when foreign institutional investors or FIIs are also investing in such penny stocks. An analysis of institutional ownership in penny stocks, as defined by those with market capitalisation below Rs 1,000 crore and share price below Rs 25, shows that FIIs hold over 10% stake in a dozen such counters.

Downer EDI’s asset spin-off spree has hit a speed bump, while its investors reel from last week’s profit hit.

Houston Astros continued their journey along the East Coast, making a special visit to 1600 Pennsylvania Avenue. The team received an honorable recognition at the White House for their outstanding achievement in winning the 2022 World Series Championship, achieved through their triumph over the Philadelphia Phillies in the title match.

A new $400 million freight hub on the outskirts of Melbourne backed by Aware Super aims to steal market share as superannuation funds try to capitalise on billions of dollars of government spending on rail networks.

GIC and Abu Dhabi Investment Authority (ADIA) along with two Canada-based pension funds are in talks to acquire Blackstone Group's 50% stake in two separate commercial portfolios of Panchshil Realty and Salarpuria Sattva Group, said persons with direct knowledge of the development. The deal is estimated to be concluded at an enterprise valuation of over $4.5-$5.0 billion.

Game Pass has revealed its roster of complimentary games for the first half of August 2023. Let us see the games, which will be available for console, PC and Ultimate subscribers.

economic activity. For example, the disruption to French imports during the Napoleonic blockade stimulated French industrialization in mechanized cotton spinning long after the end of the Napoleonic wars. These results are consistent with what proponents of nurturing infant industries argue.

Disney reports its fiscal third-quarter financial results on Wednesday

Kolkata Police have revealed that Kolkata boasts the highest vehicular density among all Indian metros, with 2,448 vehicles per kilometre of road. This finding echoes the lived experience of many Kolkatans, who are grappling with increasingly prolonged commutes due to mounting traffic congestion. Over the past five years, average trip times within the city have doubled, aligned with a significant surge in personal vehicles and a decline in public transportation, primarily attributed to the pandemic.

mutual funds. If you haven’t read it, you can read it here: Why do some new investors hesitate to invest in mutual funds? Now, we will discuss why new investors must consider investing in mutual funds to take care of their various financial goals. Mutual funds are professionally managed The biggest advantage of investing in mutual funds is the presence of a professional fund manager. When you invest in a mutual fund scheme, a fund manager will take care of the investment decision. You don’t have to worry about the investment options and weigh their pros and cons. You can pay a small fee and hire a fund manager to do the job. Some of these fund managers and fund houses have vast experience managing people’s money.You can invest as little as Rs 100

HDFC Bank picked up about 1 lakh sq ft office space spread across two towers of Blackstone Group backed Nucleus Office Parks' commercial complex One International Center in Mumbai's business district Lower Parel through a long-term lease of five years, said persons with direct knowledge of the development. The deal is the first real estate transaction by the bank following after its merger with the group's non-banking finance company Housing Development Finance Corporation (HDFC), indicating the need for additional space for expanded operations. «The new office will be used for consolidation and expansion of the bank's operations including financial services and credit cards.

RBI)," it said. Desai, who would have been 58 on 9 August, took his life on 2 August in his studio. According to the HT news report, he had left 11 audio clippings in a voice recorder that the Raigad police have sent for forensics analysis.

debt markets, bigger gains will come from stocks. The macro backdrop is also tilting in favor of developing nations. Emerging economies are expected to expand almost three percentage points quicker than advanced nations over the next three years, led by China, albeit at a slower pace, and India.

By Philip Pullella and Catarina Demony

Rajeev Chandrasekar said on Sunday.India has an exciting opportunity and to make that opportunity fruitful, it should focus on developing commercially and globally competitive technology, he said at an event here. «The government is fully committed to making sure that DIR-V (Digital India RISC-V) microprocessor is the Indian ISA (Instruction Set Architecture), and we are ready to back the industry in developing cutting edge competitive systems,» he said in a virtual address at the Digital India RISC-V Symposium.