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Investing greats are often known for their unique style of investing. The moment you hear of value investing, Warren Buffett leaps to mind; Peter Lynch reminds us of growth investing; Howard Marks of distressed debt; George Soros or Stan Druckenmiller are known for their macro trades; Jesse Livermore, a trader. And the list goes on. […]
New Delhi: E-commerce firm Paytm Mall on Friday said its loss narrowed by 60 pc to Rs 479 crore in 2019-20 on account of reduction in assortment size, cashback and promotions. The company had posted a loss of Rs 1,171 crore in 2018-19. “During the last fiscal year, we have streamlined business operations to improve […]
11 States raise ₹14,298 cr. via auction Eleven States raised a total of ₹14,298 crore at the auction of State government securities or State development loans (SDLs) held on Tuesday. This is ₹1,500 crore more than the notified amount of the auction as Maharashtra and Gujarat had accepted an additional ₹1,000 crore and ₹500 crore […]
By: Reuters | Updated: September 27, 2020 6:23:58 pm Victoria Azarenka during her first round French Open match against Montenegro’s Danka Kovinic. (Source: Reuters) Gone are the queues of spectators and gone is the sun as the French Open kicked off in underwhelming fashion on Sunday with persistent drizzle and a chill wind sweeping the […]
I am 40 and plan to retire by 55. I have two children (12 and 8). I want a monthly income of Rs 50,000 in my retirement and also need Rs 1 crore for my children’s education. What kind of investments should I make?Jayant R. Pai CFP and Head – Products, PPFAS Mutual Fund replies: […]
New Delhi: Gold prices rose by Rs 324 to Rs 50,824 per 10 gram in the national capital on Friday, halting its four-day decline on recovery in international price of the precious metal, according to HDFC Securities. The precious metal closed at Rs 50,500 per 10 gram in the previous trade. Silver prices also bounced […]
Amid protests by a section of farmers against farm reform bills, Prime Minister Narendra Modi said on Sunday that a large number of peasants have benefitted since fruits and vegetables were brought out of the APMC Act in some states a few years ago and asserted that grain-producing farmers will now have the same freedom. […]
Loan disbursements by non-banking financial companies-microfinance institutions (NBFC-MFIs) declined 96% to ₹570 crore in the first quarter of the current financial year, according to a report by Microfinance Institutions Network (MFIN). It had stood at ₹15,865 crore in the corresponding quarter of the previous year. The data pertains to NBFC-MFI members of MFIN, an industry […]