Gold prices declined on Tuesday as the U.S. dollar strengthened, with investors anticipating additional remarks from Federal Reserve officials to gain insight into the potential timing of interest rate adjustments. Spot gold decreased by 0.5% to $2,312.29 per ounce by 1218 GMT, while U.S. gold futures also fell by 0.5% to $2,320.60 per ounce. The … Read more
Seeding and nurturing a business with one’s entrepreneurial acumen, skills, hard work, perseverance and capital to grow it into a big fruit-bearing tree is the hallmark of a successful businessman. But equally important is ensuring that the said tree (business) continues to grow and bear fruits for the future generations to come, without there being … Read more
Deepfake videos featuring numerous well-known figures have recently sparked widespread attention on social media, eliciting reactions among users. In a recent incident, Bollywood Actor Alia Bhatt has once again fallen prey to a deepfake video. In this instance, her face was digitally placed onto the body of actress Wamiqa Gabbi. This marks the second time … Read more
A rally fuelled by robust fundamentals has led to a re-rating in the infrastructure and capital-goods sectors, pushing several stocks into what seems like overvalued territory. Several infrastructure and capital-goods stocks are trading above their 10-year average price-to-earnings (PE) ratio. The PE ratio compares a company’s stock price to its earnings per share, so a … Read more
What is the 3-bucket strategy? The 3-bucket strategy involves appropriating your retirement corpus into three separate investment buckets to cater to your cash flow needs during different periods of the retirement years. Each bucket is based on a specific time horizon and serves a specific purpose. The strategy ensures you keep getting regular cash flows … Read more
Dividend stocks: Shares of HCL Technologies Ltd and Oracle Financial Services Software Ltd will be in focus when the stock market opens on May 07 (Tuesday). The Board of Directors of the two companies have declared interim dividend for their eligible shareholders. The record date by the 2 companies to ascertain the eligibility of shareholders … Read more
I am a seafarer and have stayed in India for roughly 135 days and worked on an Indian-flag ship for the remaining period (approximately 230 days) in the last financial year. I receive my salary in NRE (non-resident external) account. In the last financial year, I sold some part of my ancestral land that was … Read more
(Adds details from the company’s proxy filing in paragraph 6) May 6 (Reuters) – Hedge fund Shah Capital on Monday urged Novavax shareholders to vote against the re-election of three directors and proposals related to executive compensation, weeks after pushing for a board shakeup at the COVID-19 vaccine maker. Shah Capital, the biotech’s third-largest shareholder … Read more
Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio. Investors have been able to recognise much of gold’s value over time by maintaining a long-term allocation and taking advantage of its safe-haven status during periods of economic uncertainty. Gold stands out among other asset classes … Read more
“While customers can choose different modes of contact—touch (in a branch), type (on the website), tap (chat banking on WhatsApp) and talk (call the contact centre and interact with the voice assistant)—we see an increasing preference for digital self care,” said Anjani Rathor, chief digital experience officer, HDFC Bank, pointing at the increase in such … Read more