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Subscribe to enjoy similar stories. Let’s not call this a crisis of confidence in the S&P 500 index—at most, it’s a hiccup amid hallelujahs. The index was recently down slightly year to date but has still more than tripled investor money over the past decade.

ValueResearch and Morningstar. If an investor had invested Rs 1 lakh in the fund at the time of its inception, the value of this investment would have grown to Rs 22.49 lakh, with a CAGR of 16.85%. Over the last 5 years, the value of the same investment would have risen to Rs 11.87 lakh, with a CAGR of 17.92%. Based on the trailing return parameter, the scheme has outperformed its benchmark and the category average over the last six months, one year, and ten years. In the past 10 years, the scheme delivered a 14.08% return, compared to 13.70% from the benchmark (NIFTY LargeMidcap 250 — TRI) and 12.48% from the category average.

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says post correction, some of the larger banks, particularly SBI, is looking very good for somebody willing to build a long-term portfolio, Apart from that, one can look at some of the down-and-out banks which took a hit because of multiple reasons, particularly asset quality issues on the microfinance book. IndusInd Bank is one bank which I will definitely recommend from a little aggressive investors’ point of view. It is a good time to start buying into IndusInd Bank as well. Among pharma companies, one can go for domestic focused pharma companies like Mankind Pharma and pharma companies having significant manufacturing facilities in the US like Piramal Pharma. The other stock Bandyopadhyay likes is a defence PSU. There is a significant opportunity for Bharat Electronics (BEL) to perform and outperform. This correction should be taken as an opportunity to accumulate this stock. Some of the markers seem to be reversing. Crude is on our side and now RBI also is pumping in a whole lot of liquidity in the system. Do you think that is enough to turn around the markets? Sudip Bandyopadhyay: Well, it may not be enough in the long term, but the short-term market is very much excited.

Subscribe to enjoy similar stories. After facing persistent selling pressure in the past sessions, the Indian stock markets staged a strong recovery on Thursday, 6 March, bringing much-needed relief to investors. The benchmark indices closed on a positive note, signalling renewed optimism and a shift in sentiment.

Chipotle on Thursday announced the temporary addition of Chipotle Honey Chicken to the menu in its restaurants across North America and Europe. The protein option was first introduced by the chain at locations in Nashville and Sacramento last year on an experimental basis. It emerged as the brand's best-selling limited-time offering after the launch, Chipotle noted in an official release.

Minnesota Vikings started their off-season activities with a safety, Theo Jackson, who received a two-year agreement valued at $12.615 million. Jackson participated in every Vikings game the past season before his pending restricted free agent status. The Vikings invested in extending Jackson’s contract despite his primary role as a special teamer because they foresee him taking on defense responsibilities in the future.

Bureaucratic Caste System', former IAS officer and Padma Bhushan recipient M N Buch likened India's bureaucracy to caste hierarchy: IAS as brahmins, IPS kshatriyas, general bureaucracy as vaishyas, and teachers and scientists as shudras. This unwritten 'caste system' was debated in the Supreme Court this week when a challenge to the MP government's 2024 order on performance appraisal reports (PAR) for forest officers came up. The order mandates district-level forest officers — divisional forest officers, conservators and chief conservators — be appraised by district magistrates (DMs) and divisional commissioners (DCs), both IAS officers. MP forest officers contend IAS officials lack technical expertise to judge them.

Subscribe to enjoy similar stories. Advertisers are grappling with trade-offs of AI-powered ad planning and buying tools for automating nearly every step in digital ad campaigns. The tools work by asking buyers for parameters for campaigns, such as budget limits and sales goals, then allow algorithms to decide where ads will run, who they target and, in some cases, how ads appear.

In its annual results published today (6 March), the asset manager said this was supported by the absence of restructuring costs. Meanwhile, the firm's operating profit was down 3% from £661m in 2023 to £640.5m last year following the impact of higher operating expenses, lower performance fees and reduced returns from its joint ventures. Schroders names Oliver Gregson as wealth management CEO The fall in returns from Schroders' joint ventures and associates – which declined from £51.1m in 2023 to £47.6m a year later – was mainly due to lower profits from the investment manager...

Diljit Dosanjh, a 41-year-old musician, actor and producer from Punjab in northwestern India, is rewriting the formula for success in the world's fastest-growing music market. Moving away from traditional film soundtracks with his hip-hop and rap-infused rhythms and high-profile collaborations with pop icons like Ed Sheeran and Sia, Dosanjh is breaking boundaries and amassing a massive following. Last summer, Dosanjh made an appearance on The Tonight Show Starring Jimmy Fallon, where he was introduced as “the biggest Punjabi performer on the planet.” He regaled fans with hits Born to Shine and G.O.A.T.

Mid cap stocks have witnessed a robust rally in the last few months. Investors made handsome returns on their investments in mid cap funds. Mid cap funds have offered an average return of 28.84% in 2024. That could explain why investors are anxious about their investments. What should investors do? Before answering that question, let us cover the basics. Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. That’s what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely. Also Read | All sectoral and thematic mutual funds offer negative returns in 2025, losing up to 26%

Subscribe to enjoy similar stories. In recent years, the government’s policy on disinvestment has been cloudy. While it has in the past endorsed the mantra that ‘the government has no business being in business,’ its actions would suggest otherwise.

Subscribe to enjoy similar stories. After facing persistent selling pressure in the past sessions, the Indian stock market staged a strong recovery on Wednesday, bringing much-needed relief to investors. The benchmark indices closed on a positive note, signalling renewed optimism and a shift in sentiment.

Premier League 2024-25 is all set to wrap up in a few weeks. While Arsenal’s chances to make it to the finals may seem volatile at the moment considering its recent performances, the team is leaving no stone unturned to play their best game. On March 9, Arsenal will be up against Manchester United. There has already been a lot of buzz around the match as it marks one of the iconic soccer rivalries. In its previous matches, Arsenal lost against West Ham United, followed by settling for a draw against Nottingham Forest. The Gunners may draw some inspiration in this tough time from their manager Mikel Arteta, who believes that the team will not accept defeat until the end of the season. The odds are slightly in favour of Manchester United, if history is to be believed. In their games against Arsenal, they have won 102 while Arsenal scored a victory in 90 fixtures. There have been as many as 50 draws between the clubs.

The Grammy winner recently dropped her new music and debuted her latest single Love in Real Life. Now, she has announced three concerts in March to celebrate its release, USA Today reported.

Expressing concern: The Supreme Court on Wednesday expressed concern over ego clashes between IAS and IPS/IFS (forest service) officers. Speaking from his experience as a government lawyer and a judge for over two decades, senior SC Judge BR Gavai shared with solicitor general Tushar Mehta that there has always been a «conflict» between them. Justice Gavai said that IAS officers always show their «supremacy» over IPS and IFS officers. The development took place during a hearing pertaining to the omnibus forest protection matter. Displeasure with High Court The Supreme Court has recorded its displeasure with the way certain orders are passed by the Allahabad High Court. A bench headed by justice Abhay Oka on Wednesday disapproved of the way a revision appeal was decided by the high court. Remanding the case back to the Lucknow bench of HC for reconsideration, the top court directed the high court to call for the trial court record before deciding the matter. In January, another bench headed by justice Surya Kant had observed that the functioning of Allahabad High Court has been «worrisome». The bench had also observed that the filing and listing of cases in the Allahabad HC had «collapsed».

Collins Aerospace, an RTX group company, has invested $25 million for a new engineering development and test centre in Bengaluru, its largest facility outside the US. “The 50,000 sq ft lab facility streamlines product development, testing, and certification of components locally … It is also a fresh investment beyond the $200 million we have committed over the last 4-5 years,” said Savyasachi Srinivas, vice president of global engineering & technology centres at Collins Aerospace. The US-based company also has a 30,000-sq-ft electronics lab dedicated to testing. “In all there would be four labs, including in Hyderabad and Bengaluru, which also houses two factories,” Srinivas told ET.

MacBook Air models, which runs on its AI-focused M4 chip enabling Apple Intelligence features, as it looks to persuade customers to upgrade their devices and spur sales. The new MacBook Air features the blazing-fast performance of the M4 chip, up to 18 hours of battery life,1 a new 12MP Center Stage camera, and a lower starting price. It also offers support for up to two external displays in addition to the built-in display, 16GB of starting unified memory, and the incredible capabilities of macOS Sequoia with Apple Intelligence — all packed into its strikingly thin and light design that’s built to last. MacBook Air M4 chip: Here are colour options

This marked a 17% increase from 2023, when that figure stood at £167m. The higher PBT was driven by an increase in the firm's average assets under management and administration (AUMA), supported by strong net inflows hitting £4.8bn — up from around £100m in 2023 — and positive market performance.  According to Quilter, total AUMA increased by 12% from the previous year, reaching £119.4bn. Quilter net inflows jump to £4.8bn backed by flows in affluent segment and IFA channel Meanwhile, core net inflows reached a record £5.2bn and represented 5% of opening AUMA, with incrementally...

Subscribe to enjoy similar stories. The annual report card for equity pension fund managers is out, and DSP's NPS Equity Fund has delivered a staggering 11.68% return in the last one year—five times higher than the second-best performer, which posted a modest 2.3%. To match the score of DSP's fund, the new kid on the block, the sum of the funds that gave positive returns would need to be more than doubled.