Foreign investors have been aggressively unwinding their total return swap ((TRS) positions, which are mostly unhedged, due to the volatility in global bond yields ahead of the US presidential elections, traders said. In addition, with the rupee breaching the crucial mark of 84/$, foreign investors have resorted to booking profits. For a second week in
Royal Enfield will be unveiling its first electric motorcycle soon, and while the company showcased the all-electric Himalayan, it will have to wait for what’s being unveiled on November 4th. It is good to see the world’s oldest motorcycle manufacturer shift to electric mobility, however, here are three things to expect from the all-electric Royal
Ahead of its official unveiling at EICMA Milan in November, a series of spy shots of the new 2024 KTM 390 Adventure have emerged. This new-generation motorcycle, showcased at the KTM Adventure Rally event in the USA, features Cruise Control settings for the first time. Here’s everything we know so far about the highly anticipated
Saving should be approached with a specific goal and a predetermined target amount in mind. This strategy facilitates the accumulation of the necessary funds to achieve particular financial objectives, such as financing a child’s education or preparing for retirement. It is essential to adopt the principle of “Income minus Savings equals Expenses,” rather than the
Honda Motorcycle and Scooter India is taking a significant step towards sustainability by launching the CB300F flex-fuel motorcycle, priced at Rs 1.7 lakh, ex-showroom Delhi. As India’s first flex-fuel motorcycle, the CB300F is now open for bookings and will be available at Honda’s BigWing dealerships by the last week of October 2024. Yogesh Mathur (Director
The Union Budget 2024, presented in July this year, introduced some major changes to the tax rules for mutual fund investments, impacting both short-term and long-term capital gains. Investors selling mutual fund units within a year will now face a higher tax rate on their profits. For those holding investments for over a year, the
Zomato Q2 Results 2024: As Zomato gears up for its Q2 FY25 financial results, here’s everything you need to know about the date, time, and how to tune in for the live earnings call. Date of Zomato Q2FY25 Results Mark your calendars! The Board of Directors of Zomato will convene tomorrow, October 22, 2024, to
By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a per cent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lacklustre start to the earnings season weighed on sentiment, turning the bias negative. A recovery in
Co-working player Smartworks has leased 480,000 sq ft in a DLF property in Gurgaon at an annual rent of Rs 94.68 crore for six years. The space is located in DLF Commercial Building Block -3 in DLF City-Phase 5, Gurgaon, according to data accessed by Propstack. Also ReadQ3 Update: Hindustan Zinc’s mined metal production stands
By Krishna Barot The Gujarat government’s bid to establish itself as a semiconductor hub may have succeeded in attracting big-ticket investments but have thus far found few takers amongst the MSME sector. Industry insiders attribute this lack of enthusiasm amongst MSMEs to the stiff conditions set by the government which are proving to be a deterrent
Ketan Parekh, who was debarred by the Securities and Exchange Board of India (SEBI) two decades back after his conviction in the infamous stock market scam 2000, is back in the market regulator’s bad books. On Thursday, in an interim order, SEBI debarred Parekh, Singapore-based Rohit Salgaonkar and 20 other entities, besides impounding Rs 65.77
At a time when market experts have been advising investors to prune returns’ expectations from 2025, the benchmark indices’ 2.3% surge in the first two days has raised hopes that the stock market may deliver strong returns this calendar year. Market experts, however, aren’t impressed, pointing out that the fundamental concerns of expensive valuations, earnings
The Indian stock market has been going through tough times, but the good news is that retail investors have continued to invest in systematic investment plans (SIPs), says Radhika Gupta, MD & CEO of Edelweiss Asset Management Company. Gupta tells Akshata Gorde that the SIP book, currently at Rs 25,000 crore a month, will rise
