Strategy Financial News

DLF’s daily trend is bullish to sideways. RSI for monthly, weekly and daily is showing bullish momentum.

By Rae Wee

Vikram Misri visited Egypt this week to meet Egyptian National Security Council and Prof. Ahmad At-Tayyeb, grand imam of Al-Azhar University, to discuss deradicalisation and counter-extremism strategies and initiate inter-faith dialogue.

New Delhi: India and Japan signed a memorandum of understanding (MoU) on semiconductor development, which will include design, manufacturing, equipment research and talent development.  Union Minister Ashwini Vaishnaw said that the agreement as a substantial step to create a resilient complete value chain. "The MoU is on five fronts, viz. semiconductor design, manufacturing, equipment research, talent development, and bringing resilience to the semiconductor supply chain," said Vaishnaw.

NEW DELHI : Byju’s former statutory auditor Deloitte, in a regulatory filing in June, signalled concerns about alleged weaknesses in internal financial controls within Think & Learn Pvt. Ltd, the company that runs the tutoring service, official documents filed with the registrar of companies (RoC) showed. The digitally signed report from the auditor has only one attachment—the resignation letter shared with the board, and no further reference to any lapses in the company, showed the document accessed by Mint from the government’s website for statutory filings of companies.

Chess,the ultimate game of strategy and the game of royalty, is one of the most popular games in the world. According to the United Nations, 70% of the adult population in the US, the UK, Germany, Russia, and India has played chess at some point in their lives and about 605 million people play chess regularly. The game is so complex that on one hand, it is said mathematically there are more possible moves of chess than atoms in the observable universe and on the other, it is still possible to checkmate your opponent in just two moves.

The lights are going out at two unique ETFs from AlphaTrAI Funds that offered investors indexed market exposure only after the markets closed for the day by sitting on the sidelines during regular trading hours.

I am 33 years old and work in the service sector, drawing a monthly salary of ₹1 lakh. My investment portfolio includes ongoing systematic investment plans (SIPs) in mutual funds : two large-cap funds ( ₹5,500), a consumer fund ( ₹2,500), a flexi-cap fund ( ₹2,000), a tax saver fund ( ₹1,500), a mid-cap index fund ( ₹1,000), and a small-cap index fund ( ₹1,000). All these SIPs have a step-up of ₹500 every year. The total corpus accumulated from these investments so far is ₹4.32 lakh. Additionally, I hold a public provident fund (PPF) account, with a corpus of ₹3.56 lakh, and I aim to invest ₹1,500 in it every month. I contribute around ₹50,000 annually to NPS (national pension scheme) tier-1 account. For my 5-month-old daughter’s future, I plan to invest ₹12,000 every month in a Sukanya Samriddhi account. My wife and I also have a joint home loan that we are actively prepaying. We have repaid half of the principal amount over four years and plan to complete the repayment within the next five years. The monthly EMI for the home loan is ₹25,000. Looking ahead, my long-term goals include expenses for my daughter’s education, both graduation and post-graduation, with a timeline of 15-20 years. Are there any changes required in my investment strategy? —Name withheld on request Most of the equity mutual funds in your SIP are appropriate for your goals.

₹5,000 crore initial public offer for which it had received the markets regulator’s go ahead in June last year, according to three people familiar with the development. The company which assembles smartphones for Apple and Xiaomi in India has taken the decision owing largely to weak smartphone market conditions and changes in internal strategy, as per two of the three people who spoke to Mint on the condition of anonymity. “The IPO in its current form won’t be taken forward.

BENGALURU : There is one question Sahil Barua, the managing director and chief executive officer of Delhivery Ltd, is always asked. Well, ever since the third-party logistics company started, in 2011. What about competition, particularly from the logistics arms of large e-commerce platforms? Take the latest earnings conference call, held on 21 May.

Q. What is the core of your research?A. I am the co-director of the Wharton Climate Center.

Temperatures have peaked at or above 110 degrees Fahrenheit (43.3 degrees Celsius) the entire month of July in Phoenix and extreme heat stretches across the American South

SVANidhi) scheme. He further urged banks to devise the strategy and step up efforts to increase the digital onboarding of street vendors and scale up their digital payments, the finance ministry said in a statement on Thursday. PM SVANidhi scheme envisages empowerment of street vendors through hassle free access to affordable credit and their digital onboarding for their economic development.

Netflix's decision to clamp down on password sharing in India might help the streaming giant boost its subscriber base in the country, even though there is a high possibility that the platform could see a drop in shared access viewers in the short term, say media analysts. According to industry estimates, Netflix's paid base in India hovers between 8 million and 10 million. In a letter to shareholders, Netflix said it will start to address account sharing between households in almost all the remaining countries, including India.

Word about blockchain technology’s benefits has penetrated the global marketplace, so now’s the time for blockchain businesses to begin deliberately refining and sharing their marketing messages. Like other service businesses, blockchain companies have to find effective ways to explain why their service in particular is the right choice for a potential client’s unique needs. However, unlike service companies in other industries, in many cases, blockchain leaders will be marketing a service that B2B clients may be intrigued by but don’t understand well.

Tata Motors, said on Thursday it appointed interim boss Adrian Mardell as chief executive officer for a three-year term. The carmaker also made acting Chief Financial Officer Richard Molyneux's role permanent.

A new crypto project, Launchpad XYZ, is making waves in the cryptocurrency space with its ongoing presale.

Singapore-India Hackathon, jointly organised by India's Ministry of Education's All India Council for Technical Education (AICTE) and Nanyang Technological University, Singapore (NTU Singapore). In a message from PM Modi, he said, “The mantra of the G20 Presidency, ‘One Earth, One Family, One Future’, is Vasudhaiva Kutumbakam. The Singapore-India Hackathon is an initiative that encapsulates this noble thought." India’s Minister for Education, Skills Development and Entrepreneurship, Mr Dharmendra Pradhan, and Singapore’s Deputy Prime Minister, Mr Lawrence Wong presented the prizes to winning teams of the student and start-up categories. Minister Pradhan highlighted at the awards ceremony: “Singapore is a knowledge-based economy.

>>> BUY GLTM TOKENS NOW<<< Lido DAO (LDO) is a decentralized autonomous organization that offers the staking infrastructure for multiple blockchain networks and gives users a unique way to stake their Ethereum and obtain stETH (Lido staked ETH) tokens in exchange, which stand in for their staked ETH and staking incentives. Lido DAO (LDO) stands out with its focus on accessibility and eliminating the technical complexities of staking. Pooling staked ETH from multiple users allows anyone to participate in staking without the need to run their own validator.

Cryptocurrency exchange Bitget is using artificial intelligence (AI) in a number of ways to provide better services for users and stay ahead of the curve. 

Sebi has decided to introduce a separate sub-category for ESG (Environmental, Social and Governance) investments under thematic category of equity schemes. Any scheme under the ESG category can be launched with one of the strategies such as Exclusion, Integration, Best-in-class & Positive Screening, Impact investing, Sustainable objectives, and Transition or transition related investments. Presently, mutual funds are permitted to launch only one ESG scheme under the thematic category for equity schemes. In view of the industry representations for allowing multiple schemes with different ESG strategies and considering the increasing need for green financing, Sebi has decided to permit launch of multiple ESG schemes with different strategies by mutual funds. Mutual funds should ensure that the schemes launched are clearly distinct in terms of asset allocation, investment strategy etc.