Image used for representational purpose. | Photo Credit: Reuters The rupee rebounded 14 paise to 83.05 against the U.S. currency in early trade on Thursday as the dollar retreated from high levels in global markets after the U.S. Federal Reserve indicated three rate cuts this year. At the interbank foreign exchange market, the rupee … Read more
On Tuesday, the rupee depreciated 13 paise to 83.03 against the U.S. dollar. File. | Photo Credit: Reuters The rupee declined 13 paise to close at 83.16 (provisional) against the U.S. dollar on March 20, weighed down by a strong American currency against major rivals overseas and elevated crude oil prices. However, a recovery in … Read more
The fervour around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such as Nvidia . The funds run the gamut from those offering a bouquet of the biggest AI winners to more esoteric themes such as robotics … Read more
The IIT student, who did not want to named, is not the only victim of such growing number of frauds. A former executive with Oracle says she fell for the same fraud and invested ₹6 lakh. She, too, did not want to be identified because her family and friends were not aware about this misfortune. … Read more
A view of the Bombay Stock Exchange | Photo Credit: Paul Noronha Benchmark equity indices Sensex and Nifty tumbled 1% each on Tuesday dragged down by a heavy sell-off in TCS, Infosys and Reliance Industries amid weak Asian markets and fresh foreign fund outflows. The 30-share BSE Sensex tanked 736.37 points or 1.01% to settle … Read more
Recognising the need for credible guidance in the realm of personal finance, Mint last week launched its coffee table book (CTB), 20 Personal Finance Strategies: Make Your Money Go Further. The CTB, also available as an eBook, has 20 practical strategies from some of Mint’s top daily infographics on personal finance that readers can … Read more
From the Sensex basket, Tata Steel jumped more than 5%. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty closed marginally higher in a volatile trade on March 18 as cautious investors preferred to … Read more
From the Sensex basket, Mahindra & Mahindra, Tata Steel, JSW Steel, Axis Bank, Tata Motors and HCL Technologies were the gainers. | Photo Credit: Reuters Benchmark equity indices faced volatile trends in early trade on March 18, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil … Read more
Gupta, who has been at the helm of Edelweiss since 2017, started her own investment journey when she began earning. She reviews her investment portfolio periodically. “I usually do a structural portfolio review every 4-5 years. Last year was that point and I decided to get a bit more aggressive with my investments,” she says. … Read more
The State Bank of India (SBI) offers retail investors two limited-time fixed deposits (FDs) with higher interest rates than other regular fixed deposits. These include the SBI We-care deposit scheme for senior citizens and the Amrit Kalash deposit scheme for all retail investors, including senior citizens. Let us explore the features of these deposit … Read more