Market, Stock Market
September 03, 2022
213 views 2 mins 0

Is investing a luck or skill

Over the last few years, many new investors have entered financial markets lulled by the promises of making “easy money”, “quick returns” etc. Investing involves both luck and skill and when you are on a roll, unfortunately most believe success to be a function of your skill. Is there a way to gauge if investment […]

Market, Stock Market
September 02, 2022
197 views 5 mins 0

Global bonds tumble into their first bear market in a generation

The Bloomberg Global Aggregate Total Return Index of government and investment-grade corporate bonds has fallen more than 20% below its 2021 peak, the biggest drawdown since its 1990 inception. Under pressure from central bankers determined to quash inflation even at the cost of a recession, global bonds slumped into their first bear market in a […]

Market, Stock Market
September 01, 2022
219 views 0 secs 0

Daily Voice | India offers higher growth than other EMs, current valuations not alarming, says this CIO

Anil Sarin of Centrum PMS says India has always been an expensive market, but this is justified due to attractive historical stock returns and higher earnings growth. The Chief Investment Officer at Centrum PMS with over 25 years of rich experience in fund management expects overall private capex to be strong over next 2-3 years, due to rising/peaking […]

Market
August 31, 2022
209 views 2 mins 0

Mikhail Gorbachev, Soviet leader who helped end the Cold War, has died

Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation. “Mikhail Sergeevich Gorbachev died this evening after a serious and long illness,” the Central Clinical Hospital reported, according to the Interfax […]

Market
April 20, 2022
250 views 2 mins 0

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Shares of Coal India (CIL) hit an over two-year high of Rs 205.55, up 4 percent on the BSE in Wednesday’s intra-day trade, surging as much as 10 percent in the past three trading days on the expectation of strong earnings. The stock of state-owned mining company traded at its highest level since January 2020. […]

Market
March 04, 2022
216 views 46 secs 0

Indian rupee slumps 11 paise to 76.05 against US dollar in early trade

The rupee declined 11 paise to 76.05 against the US dollar in the opening trade on Friday, tracking the surge in international crude prices amid the intensifying Russia-Ukraine conflict. Unabated foreign fund outflows and a weak trend in domestic equities also weighed on investor sentiment, forex traders said. At the interbank foreign exchange, the rupee […]

Market
March 02, 2022
223 views 3 mins 0

Oil spikes to seven-year high as markets avoid Russian supply

Oil prices surged to seven-year highs on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already tight market. Brent crude futures gained $5.30, or 5%, to $110.23 a barrel at 0419 GMT, a level last seen […]

Market
February 10, 2022
212 views 3 mins 0

Oil prices steady as investors eye US-Iran nuclear talks

Oil prices were mixed on Thursday, after rallying on an unexpected drop in U.S. crude inventories in the previous session, as investors await the outcome of U.S.-Iran nuclear talks that could add crude supplies quickly to global markets. Brent crude futures slid 10 cents, or 0.1%, to $91.45 a barrel at 0130 GMT, while U.S. […]

Market
February 05, 2022
228 views 6 mins 0

California gas utility fined $10 million for ratepayer money misuse

A major California gas utility must pay the state nearly USD 10 million and reimburse customers money it improperly spent on work related to the development of energy-efficient building codes. The penalties that Southern California Gas Co. faces were handed down Thursday by the California Public Utilities Commission. The commission, which regulates California’s major utilities, […]