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equity funds. As per money experts, index investing is the simplest and most cost-effective way to invest in large-cap funds for retail investors. The best part of this approach is that investors do not have to bother about timing the market and can start whenever they are ready after covering their basics.

SUV brands continue to be strong, we are keeping a close watch on the availability of semi-conductors and select parts, for sustained and smooth scaleup," said Veejay Nakra, President, Automotive Division, M&M. Overall exports in August 2023 declined 17% to 2,423 units from 2,912 units in August 2022. Also Read: Bajaj Auto August sales drop 15% YoY to 3.41 lakh units dragged by weak two-wheeler dispatches M&M’s Farm Equipment Sector (FES), reported a marginal 1% rise in total tractor sales for August 2023 at 21,676 units.

Zimmerman has a new owner; so too does Seafolly. Bondi Sands was snapped up by a Japanese conglomerate for $450 million, and Aesop was sold for a record eight times that sum. Now the deal-making frenzy is pushing deeper into Australia’s consumer goods sector with smaller brands hoping to cash in on their businesses.

Gold rose on Friday and was poised for a second straight weekly gain, helped by diminished chances of U.S. interest rate hikes this year after a data-filled week that concludes with the pivotal jobs report later in the day. FUNDAMENTALS * Spot gold gained 0.2% to $1,942.56 per ounce by 0130 GMT, looking set for a more than 1% weekly gain after prices touched one-month highs on Wednesday.

India are set to rise steadily in single digit percentages over the coming years along with economic growth, according to a Reuters poll of property analysts who expect affordability for first-time buyers to worsen. Following a relatively modest 250 basis points of interest rate rises from the Reserve Bank of India to 6.50%, expectations of a resilient economy have underpinned property market strength, along with relentless demand for housing. Average home prices were expected to rise 7.0% nationally this year and next, according to the Aug. 14-31 Reuters poll of 12 property analysts, up from 6.0% and 5.5% in a June poll. The outlook was more upbeat and stable compared with companion polls of property markets in developed economies, where house prices are expected to fall or stagnate after surging as much as 50% during the COVID-19 pandemic. There was no such panic buying of property in India during the past three years, with modest rises of 2-3% annually leaving more room for house prices to climb. «Multiple factors are driving the real estate market in India: a healthy economy, market optimism, higher estimated GDP, economic diversification...(and) inflation is under control, which is adding to renewed optimism,» noted Ankit Kansal, managing director of 360 Realtors. While July consumer price inflation was running well above the top end of the RBI's 2-6% tolerance range, it is expected to ease back over coming months as food price inflation subsides.

mutual fund (MF) houses are busy launching new schemes. At least six MF houses new fund offers (NFOs) will close this month. Navi S&P BSE Sensex Index Fund, Shriram Multi Asset Allocation Fund NFOs will close today, while Quant Teck Fund, Quant Teck Fund, WhiteOak Capital Multi Cap Fund, and DSP Multi Asset Allocation Fund NFOs will close later this month.

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September

Food ads have long made their subjects look bigger, juicier and crispier than they are in real life

Drake and Travis Scott teamed up on August 29 in Vancouver, Canada, to perform their latest joint track, Meltdown, for the first time. The performance was a highlight of Drake's popular It's All a Blur tour, held at the Rodgers Arena. Originally, the tour was set to feature rapper 21 Savage alongside Drake.

The competition watchdog’s investigation into Qantas flights has revealed that 15,000 Qantas and QantasLink flights were cancelled between May and July 2022 – more than treble the 4149 cancellations publicly reported by the government over the same period.

MUMBAI : The once-booming startup ecosystem in India is facing a much more severe job crisis than expected. According to staffing firms and headhunters, lay-offs at new-age businesses are estimated to be at least three times higher than publicly disclosed. In the past 24 months alone, more than 1,400 companies have handed out pink slips to around 91,000 employees.

Fitch Ratings has affirmed Oil and Natural Gas Corporation's (ONGC) rating at 'BBB-' with stable outlook. "ONGC's ratings are constrained by the ratings of the state of India (BBB-/Stable), its majority owner," Fitch said. «We maintain ONGC's Standalone Credit Profile (SCP) at 'bbb+', which reflects ONGC's scale as the largest oil and gas (O&G) producer in India, its significant reserves and production, and its vertically integrated and geographically diversified business model.» The SCP also considers Fitch's expectations that ONGC's credit metrics will improve over the financial years ending March 2024 (FY24) to FY27. ONGC's credit strength, however, is counterbalanced by its long track record of declining domestic oil and gas production, which we expect to reverse over the next few years, though there is less certainty on its ability to sustain organic production growth through the cycle in the longer term.

Leadership in Energy and Environmental Design, or LEED, certifications are given to buildings that meet standards that conserve energy, water, waste and other environmental goals. Governments are also introducing increasingly stringent energy codes for commercial spaces. Still, more than 80% of buildings don’t have smart systems to efficiently manage their energy use.

The average long-term U.S. mortgage rate declined this week after climbing five consecutive weeks to a more than 20-year high, a modest relief for would-be homebuyers challenged by rising home prices and a thin inventory of homes on the market

By Timothy Gardner

Spanning diverse industries, from technology and finance to healthcare and consumer goods, these companies have impacted the corporate landscape through their visionary leadership and holistic approach to business. The stories of these companies demonstrate resilience and strides towards making contributions to India's economic progress.1. Marolix Technology Solutions Pvt LtdMarolix Technologies, a pioneering software solution and consulting company, is at the forefront of India's digital transformation landscape.

BRICS last week in Johannesburg, South Africa, the real drama was being played out elsewhere. On one hand, even as Russian President Vladimir Putin was virtually addressing his counterparts, there came news that a private aircraft carrying Russian mercenary leader Yevgeny Prigozhin crashed in Russia, killing all 10 people on board.

Qraft Technologies, a fintech firm aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing, has announced a strategic alliance with Hex Trust, a fully-licensed and insured digital asset custodian led by veteran banking technologists and award-winning financial services experts. This partnership, solidified by the signing of a Memorandum of Understanding («MoU»), will see Qraft developing digital asset products rooted in its AI-driven asset allocation models, tailored specifically for Hex Trust's clientele.

₹2,373 crore in Indian equities on the last day of the month, as domestic benchmark indices settled lower tracking weak global cues. Foreign inflows hit a four-month low of ₹122.52 billion in August.

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September

Fund investors are keeping more of what’s theirs