Mind Over Money: Meditation, Neti, yoga, and evening walks: Ravi Kumar Jha’s wellness formula for success
Ravi Kumar Jha, MD & CEO of LIC Mutual Fund AMC, prioritizes wellness practices like Neti, yoga, and meditation alongside his demanding schedule. He finds these practices enhance his focus, resilience, and decision-making abilities. Jha believes a holistic approach to health is crucial for effective leadership in the corporate world.
Wall Street closes higher after business activity data
The domestically focused small-cap Russell 2000 index outperformed large-cap indexes and rose 1.8%. The index advanced 4.3% for the week, closing at its highest in more than a week.
Most Adani stocks gain; Ambuja, ACC and Adani Ports offer value
Sanghi Industries, Ambuja Cements and ACC rose 3-4% on Friday and were among the top gainers. Adani Enterprises, the group’s flagship company, gained 2.2%.
RBI injects Rs 25,000 cr via VRR route to boost system liquidity
The RBI injected funds worth Rs 25,000 crore via a variable rate repo auction (VRR) to ensure that recent overseas outflows from local debt and equity do not drive up banks’ cost of funds, analysts said. This is the second such auction that the RBI has conducted post its change in stance to neutral from […]
Meme lord Elon Musk, pro crypto Trump fuel fresh mania
Goatseus (GOAT) is the world’s first AI meme coin which was created by a self-controlled AI agent called Terminal of Truths which autonomously promotes the coin by posting on community platforms. GOAT has seen a 68% increase over the past month and touched an all-time high five days ago, placing it among the fastest currencies […]
Sebi begins inquiry into alleged false statements by Adani Group
The regulator has sought information from stock exchanges regarding Adani Green Energy’s communications on US investigations, they said, and will consider launching a formal probe after receiving the reports from the bourses.
Robust capex leads to surge in Adani Group’s gross assets
Adani Group’s gross assets surged by ₹75,277 crore in the first half of this fiscal year, fueled by increased capital spending. This growth, however, led to a rise in gross debt and a dip in liquidity.
RBI focus is on clarity in communication since it adopted flexible inflation targeting: Deputy governor Michael Patra
The Reserve Bank of India (RBI) is prioritizing clear communication in its monetary policy, aligning with global practices. While the RBI emphasizes transparency, it refrains from providing specific forward guidance on inflation. Research indicates that the RBI’s communication tone significantly influences market expectations, particularly during periods of monetary policy tightening.
Markets shrug off Adani’s indictment blues with a MAHA rally on D-Street
The surge was also the third-biggest advance in a trading session in 2024 so far though money managers and analysts are sceptical about whether the renewed strength is here to stay. The occasions on which both indices gained more than they did on Friday were on June 3 after the general election exit polls and […]