ET Mutual Funds Explainer: Want to accumulate a corpus with monthly SIP of Rs 15,000? Use Rule 15*15*30
Compounding refers to the process of growing wealth by earning “interest on interest.” In practical terms, investors contribute a certain amount regularly, and the interest earned is added back to the principal, thereby generating more interest in the subsequent periods.
Can Zaynich do for Wockhardt what Ozempic did for Novo Nordisk?
Wockhardt’s Zaynich antibiotic surged stock by 75%. CEO Habil Khorakiwala cited its uniqueness; phase three trials end this fiscal year. Compared to Novo Nordisk’s Ozempic, Zaynich’s $25 billion potential counters global antibiotic resistance.
PE funds line up to take a bite of Belgian Waffle
The Mumbai-based firm, owned and operated by Bloombay Enterprises, competes with players like Theobroma and other western dessert players such as Baskin Robbins and Mad Over Donuts in a growing local F&B market.
India’s job crisis: Could Andhra Pradesh’s skill census be Modi 3.0’s game-changer?
India’s booming population is facing a challenging job scenario. The crisis involves both the quantity and quality of jobs. Amidst this, Andhra Pradesh’s Chief Minister, N. Chandrababu Naidu, is launching a skill census to map available skill sets and develop human capital. This initiative could be a game-changer for Modi 3.0 if it plans to […]
India will fail to plug jobs gap even with 7% growth, says Citi
The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross domestic product.