Big investors are giving up on crypto markets going mainstream
The implosions and scandals of the past few months have laid waste to the key arguments of crypto boosters, and all but obliterated the notion of Bitcoin as safe haven in turbulent times. But none of those events — from the TerraUSD collapse to the Celsius bankruptcy — were as damning as the revelation that […]
4 factors that can trigger a 23% rally in this Jhunjhunwala stock
The company is the largest standalone insurer engaged in the health insurance segment with relatively superior market share and operating performance. Star Health has 815 branches and 14000+ network hospitals, with a presence in 25 states and five union territories. ICICI Direct values the company at ~2.8x FY24E GDP (58x FY24E EPS) and sees it […]
Q2 results this week: Aarti Industries, Abbott India and more
Aarti Industries, Abbott India, Agarwal Industrial Corporation, AIA Engineering, GE Power, Apollo Tyres, Balkrishna Industries, Bharat Forge, CESC, Dish TV, Eros International, FDC, Future Lifestyle, GMR Airports, Grasim Industries, Hinduja Global, JM Financial, Khaitan, Kaveri Seed, Marksans Pharma, MMTC and DCX Systems among others will be announcing results.
Dreaming of early retirement at 40? Let’s work out the maths
Both financial independence and early retirement can be quite flexible concepts when viewed from a different perspective. In the words of Morgan Housel, “Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.” Whenever we think of having financial independence to gain complete control over our own time, […]
Voluntary carbon market: Indian project developers in a sweet spot
This trend in the global carbon market follows a clearly noticeable acceleration in climate commitment following the Paris Agreement, reaching a level of frenzy ahead of the COP26 in Glasgow in 2021. Today, over a third of the 2,000 largest publicly traded companies in the world are committed to Net Zero emissions by 2050 or […]
Economic data, US mid-term elections, FII action on D-Street traders’ radar next week
The prevailing positive global sentiment is set to drive equities further up in the coming week, but some analysts recommend adopting a cautious approach. “With benchmark indices touching 52 week highs and the Nifty Bank index touching new all time highs, we remain cautiously optimistic, advising investors to be agile and aware of the recent […]
HDFC Life gets PFRDA nod for change in shareholding ahead of merger of parent and HDFC Bank
The amalgamation scheme remains subject to various statutory and regulatory approvals, including from the NCLT and the respective shareholders of the companies involved, it said.In a separate filing, HDFC Life informed exchanges about the approval granted to the company by Pension Fund Regulatory and Development Authority (PFRDA) on the merger scheme shareholding changes.