Rep. Anna Eshoo, D-Calif., speaks during a rally in the Capitol Building to call on the Senate to vote on House Democrats' prescription drugs and health care package on Wednesday, May 15, 2019.Tom Williams |…
Cooperative banks to be brought under RBI supervision
The Union Cabinet approved inclusion of co-operative banks under supervisory powers of the Reserve Bank of India, while announcing a Rs 1,542 crore year-long interest subvention scheme for micro loan borrowers. Among a number of…
Most damaging myths in Indian investing: Perils of…
Portfolio construction based on grandmothers’ stories and advice from snake oil salesmen means that the vast majority of affluent Indians have invested most of their wealth in assets which do not, and cannot, deliver returns…
HG Infra Q4 results: Consolidated PAT up 41%…
New Delhi: HG Infra Engineering Ltd on Wednesday reported a 40.79 per cent jump in consolidated profit after tax to Rs 54.32 crore for the quarter ended March 2020. The company had clocked a consolidated…
Boycott China: Xiaomi more Indian than local handset…
New Delhi: The border faceoff with China has angered Indian consumers and Xiaomi is facing a backlash on social media, but it hasn’t hurt the smartphone market leader’s sales and is unlikely to hit business…
The Moneyist: ‘I’ve had to work hard for…
Dear Moneyist, I am an avid reader of your column and have realized a pattern in myself that I am less than proud of. I am in my early 30s, and my partner is in…
Best banking & PSU funds to invest in…
Banking & PSU mutual funds have become one of favourite category of funds to most debt mutual fund investors. A series of defaults and downgrades in the debt mutual fund space in the last two…
Only Nasdaq at a record is bad sign…
By Gregor Stuart HunterA combination of fresh highs for tech stocks and still-elevated volatility may signal trouble ahead for the S&P 500 Index, according to BTIG LLC. The Nasdaq-100 reached a record on Tuesday, but…