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Narendra Modi on the one hand, and a bevy of Parliamentarians from Delhi descending to contest state elections on the other, especially in Madhya Pradesh. This is being seen as a strategy to counter anti-incumbency and project a new image to voters. In bilateral contests, especially close ones, smaller parties can play spoilers.

Reuters. Ken Mehlman and Robert Antablin who are the fund's co-heads, in an interview with Reuters said the firm attracted commitments from investors for more than double its first $1.3 billion impact fund raised in 2020.

Ashok Sonthalia, CFO, Titan Company, says “the mid premium, premium, high value segments are showing very good traction, good demand and growth rates are very high in those segments. The growth in consumer numbers is also high. Entry level demand is a little bit dull still. I would say the whole discretionary aspect at the entry price point, the target segment of consumer is yet to see the whole thing panning out, but early signs are very good and we are very positive about Q3 and Q4 shaping up.” Well, the festive season this time is falling in Q3 versus Q2 that we had seen last year. But so far, given that we are halfway through the festive season, what is the demand looking like? Are you seeing that festive cheer and festive mood in the consumer sentiment as well? Yes, from last year, the start period had shifted to Q3 and so the first 15 days were slightly slower and even gold prices have become volatile because of the geopolitical situation outside India.

Gujarat Gas ltd saw its share price decline more than 1% in morning trades on Monday. While company had reported better than expected September quarter earnings which analysts attributed to better procurement of spot Liquified Natural Gas cargoes (LNG) cargo. However, many analysts have been tweaking their forward earnings estimates due to subdued volume outlook for industrial PNG (piped natural gas) supplies.

Westpac will ramp up investment spending to $2 billion a year as it finally attempts to rebuild its spaghetti-like technology platforms, and make up for 15 years of underinvestment since buying St George in 2008.

Poornima Damodaran, Partner, Deloitte with members consisting of Kumar Nitesh, CEO Trend Footwear & Ajio Business, Reliance Retail, Dr. Amit Malik, CEO, Amaha Healthcare, Mithun Appaiah, CEO, Wow Momos, Sudhir Samal, CEO, UB International Trading Ltd., and Anupa Rongala, Director & CEO, Invensis. Kumar Nitesh mentioned, “It is important for the management to have healthy communication within the organization to build the values together".

Director General of Jammu and Kashmir police R R Swain announced a reward of Rs 10 lakh in each of the recent separate targeted attacks in Kashmir in which a head constable of police and a non local labourer were killed and an inspector of police was seriously injured. He said that militant networks won’t accept defeat easily as they have made huge investments in this. The attacks took place around the time, when Swain, a 1991 batch IPS officer, assumed the office of the 17th J&K police chief here in Srinagar on October 31.

celebrate Dhanteras on November 10 and Diwali on November 12 this year, many people are also planning how to revamp their money-making styles or adopt new and innovative ways to earn money. Making money mistakes is a common occurrence for individuals, including financial experts, especially when celebrating festivals. Below, we’ll highlight some of the prevalent financial blunders people tend to commit during festive occasions.

Total auto sales in October stood at 21,17,596, down 7.73% from a year earlier but it rose 12.51% from 18,82,071 sold in September, according to FADA data. «The month commenced under the shadow of the inauspicious Shraddh period, persisting until the 14th.

“With the election buzz around the corner, steering clear of volatile stocks, especially in the smallcap realm, would be smart,” says Sonam Srivastava, Founder and Fund Manager at Wright Research, PMS. In an interview with ETMarkets, Srivastava said: “Considering the delayed festive season, placing bets on the consumption narrative, commodity and energy sectors, sizable banking and financial entities, and IT stocks, which have caught the eye of FIIs, could be a strategic approach to capitalize on the present dip” Edited excerpts: We have seen markets coming down from highs in both Sensex and Nifty. What is fueling the fall – is it the combination of a rise in US Yields and geopolitical concerns? The Sensex and Nifty have seen a notable correction lately, which seems a bit out of place considering India's strong growth narrative.

The inclusion of India into the JPMorgan Global bond index and expectations of rate cuts from the first half of FY25 is set to put a cap on bond yields in the domestic market over the medium term. A downward shift in India’s yield curve will thereby make the bond market attractive, and pave the way for increased allocation towards debt in the portfolio, believes Jayesh Faria, director — regional head — west at Motilal Oswal Private Wealth. “We are requesting our clients to participate 65-70% of their debt portfolio in high quality roll down strategies with 7-12 years average maturity. The remaining 35-40% through high yields NCD or private credit or REITs & InVITs,” Faria said in an interview with ETMarkets. Edited excerpts: The equity market has lost some momentum, but would you still say that India is in a stage of a strong bull market phase? We feel that India is in a structural bull market due to improvement in earnings of our companies. For three consecutive years now, Nifty 50 earnings have grown by double digits. For FY24, estimates for Nifty earnings are of 22% growth. Therefore, we feel earnings growth is expected to remain steady over the next few years.

movement are unknown, a book ‘Your Money or Your Life’ written by Vicki Robin and Joe Dominguez in 1992 popularised some of the concepts of FIRE. A deep aspiration to retire early and become financially independent is not uncommon in the corporate world these days since the knowledge workers are made to slog round-the-clock for their daily bread.

By Greg Roumeliotis

In a constantly evolving global financial landscape, investors are on the lookout for opportunities to safeguard their wealth and diversify their portfolios. Precious metals have traditionally served as a safe haven for investors during times of economic uncertainty, and silver is no exception. In 2023, it continues to pique the interest of those assessing its investment potential.

Heritage Insurance Holdings, Inc. (NYSE:HRTG) reported an improved financial performance in its Q3 2023 earnings call on Friday, November 3, 2023, despite facing significant challenges such as wildfires in Maui and Hurricane Idalia in Florida. The company's CFO, Kirk Lusk, and CEO, Ernie Garateix, led the conference call.

Samajwadi Party and three-term parliamentarian Ravi Verma who resigned from Akhilesh Yadav-run party earlier this week is set to join the Congress on Monday. «I have worked for Samajwadi Party for almost 25 years...In the last few years, new people started joining the party who directly met Akhilesh Yadav and got posts in the party but they never worked on the polling strategy in rural areas...meanwhile, syndicates of contractors and corrupt officials started to form. In the party, no one had time to work for the people...,» Verma told ANI «All new members who joined the party wanted to go to Akhilesh Yadav and become millionaires overnight...When the situation started deteriorating, I decided to leave the party and join Congress...,» he said, adding «I will be joining Congress tomorrow.» On a comparison between Akhilesh Yadav and Rahul Gandhi, the veteran politician said he would not draw a comparison between the two leaders, but noted that people should follow Rahul and «idolise him». On Friday, in his resignation letter addressed to SP chief Akhilesh Yadav, Verma wrote he found himself unable to work for the Samajwadi Party due to an «adverse internal party atmosphere» in Lakhimpur Kheri.

Snapdeal believes the e-commerce story over the next 5-10 years will be around the growth of the 'value' lifestyle segment, and the online marketplace is looking to corner a «decent slice of this opportunity» as it focuses on unit economics, quality checks, and use of AI as well as tech to measure and improve customer experience. Snapdeal's business metrics are «in a good space» in the value e-commerce category and it has opted to «reinvest in growth now» as financial parameters are within striking distance of profitability, Himanshu Chakrawarti, CEO of Snapdeal, told PTI.

The chief executive-in-waiting of one the world’s biggest lithium players says the valuations awarded to early-stage projects in Western Australia are far too high.

JM Financial has reported a total revenue of Rs. 1214 crore during the period ended September 30, 2023, as compared to Rs.

If you’re in the oddly specific position of being a managing director (MD) cut from Citi in Hong Kong, have no fear; it turns out you can find a new job pretty quickly.

Fortescue has quietly scrapped plans for a multi-billion dollar wind and solar farm that was a centrepiece in its plan to decarbonise the company’s iron ore operations in Western Australia.