Wellness Financial News

Subscribe to enjoy similar stories. NEW DELHI : Opting for a higher pension under the Employees' Pension Scheme (EPS) seems to have become a procedural nightmare for employees. Some people who applied for it after the Supreme Court order in November 2022 are still waiting for the Employees' Provident Fund Organisation (EPFO) to accept their applications.

Subscribe to enjoy similar stories. Goal-setting in wealth management is akin to charting a course for a journey. Without a clear destination, you may find yourself adrift among various financial options, potentially missing opportunities or taking unnecessary risks.

house rent defaulting tenants who did not wish to vacate the premises.

«Now, one could argue that post COVID we have seen fairly good growth in the mid and small pockets and which is possibly now normalising, but also the flows have been extremely strong in that particular segment and if you were to look at very long-term returns and valuation charts, we can clearly see that these tend to mean revert and our sense is that mean reversion could even sharper if the flows were at risk at some point in time,» says Christy Mathai, Quantum AMC. Firstly, help us with your take on the markets going under the correction mode and do you believe that the bottom could be near, we might be hitting the bottom anytime soon or do you believe that the pain can elongate for a little longer time than now? Christy Mathai: So, our sense of the markets is let us say from the peak of the market, Sensex would have fallen by about 12% near about and if you look at some of the broader indices, the fall could be much higher. So, if you were to look at the very large universe of the stocks which is listed today, almost 70% of them would have fallen by about 30% or more from their peaks. So, it looks like some correction has gone in in that broader markets but if you were to just look at the valuation standpoint, let us say a midcap index versus largecap index one year forward, so that number is still at a premium of 37%.

Subscribe to enjoy similar stories. From the very day of his second appointment as US President, Donald Trump has unleashed a blitzkrieg of executive orders which have turned many US policies on their head, sacked large numbers of government staff and disrupted governance systems. These disruptions are severely impacting the US, but are also reverberating throughout the world.

Hashmatullah Shahidi on Thursday targeted another big scalp in the form of Australia after knocking England out of the Champions Trophy, with a semi-final spot the prize.

Pranav Gundlapalle, Senior Research Analyst, Sanford C Bernstein, says they prefer banks over NBFCs, and among banks, private banks over public ones. This is because public sector banks are heading towards a situation where their loan growth will match their deposit growth. The market hasn't fully accounted for it yet. This is why he prefers large private banks over public sector banks. Gundlapalle further says for the first six months, the main driving factor for the banking sector will be asset quality. So, while it does not get worse, the pain could last for a couple of more quarters. Over 12- to 18-months, liquidity will be the biggest driver for the various banks. If liquidity improves, the ones which are starved for liquidity, like Axis and HDFC will do a lot better. If it remains tight, the ones with more buffers will chug along. But for the overall sector to do well, liquidity improving will become the key. Let us first start off with what is happening within private banks and what do you think the pecking order is looking like right now because there has been quite a bit of rotation of late. Pranav Gundlapalle: The way we are seeing it is a reversal of the tightening moves that RBI used over the last 12 to 18 months.

Shikhar Dhawan believes Rohit Sharma has matured as a leader over the years and shares a close bond with his teammates, which augurs well for the Indian team. Dhawan, who was Rohit's opening partner for a considerable period of time, said the Mumbai batter is experienced enough to handle the team.

Subscribe to enjoy similar stories. One of India’s most popular sectoral stock market indices—Bank Nifty—may require a reconstruction, as the regulator moves to reduce the possible risks of price manipulation and excessive volatility. The Securities and Exchange Board of India (Sebi) believes that the concentration of weights among the top few index constituents gives rise to “fears or risks of market manipulation and /or excessive market volatility" among market participants.

Subscribe to enjoy similar stories. New Delhi: The Indian government may consider issuing 50-year on-tap bonds in the next fiscal (FY26), in a bid to encourage insurance companies to subscribe and better manage their business, two people familiar with the matter said.

HD Hyundai Heavy Industries (HHI) is looking to set up a shipyard in India and has already made a visit this month to scout for potential sites, people aware of the developments told ET.

Uber, is launching a ride-sharing service in India, starting with Assam, where people with private cars will be able to operate rides through the app.

Venu Srinivasan made early on was to strike out on his own, establishing TVS Motor as a quality-driven global brand.

James Carville is known for his understanding of political demographics and mindset, and therefore there is some meaning to it when he says that public sentiment is no behind Elon Musk at this point as he continues with his crusade of cutting down federal expenses along with his team at the Department of Government Efficiency.

Tushar Shah on Tuesday successfully completed a celestial journey onboard the Jeff Bezos-owned Blue Origin NS-30 mission as part of a six-member crew.

Antony James, a former Olympic swimmer, was jailed for 21 years after he was found guilty of raping two girls under the age of 18, as well as other sexual offences.

UNILAD, according to GP Dr. Masarat Jilani, drinking coffee first thing in the morning could do more harm than good in the long run.

Indian Institute of Science (IISc) will throw open its gates to visitors on the occasion of Open Day to be held on March 1, Saturday.

According to the Treasury, Reeves is expected to declare that a strong defence sector forms the «bedrock of economic growth», as well as argue in favour of «free and fair trade – the most reliable driver of global growth». «National security will always be the first responsibility of this government and is the bedrock economic growth,» Reeves will say, after Prime Minister Keir Starmer pledged to increase UK defence spending to 2.5% of GDP by 2027 the day before (25 February). Expectations for European defence spend surge as US-Russia 'peace' talks for Ukraine begin At the meeting,...