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Daily Voice: Why this veteran says any correction will stun the Street, given the tailwinds at play

Sanjay Chawla of Baroda BNP Paribas Mutual Fund remains constructive on OMCs as they are trading at reasonable valuations.

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Decoding Xi’s Jinping new catchphrase aimed at reviving China’s economy

Since 2014, there’s only been one other occasion where an industrial policy slogan has taken top billing. Typically, that slot has gone to pledges about macroeconomic policy.

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Uber pays $178 million to end legal fight with Australian taxi drivers

A class action against Uber had been expected to go to trial in the Supreme Court of Victoria on Monday, but Maurice Blackburn Lawyers representing 8,000 taxi and hire car drivers said the case will be dropped because Uber agreed…

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Investing in an ESG fund? Look for greenwashing risks in its disclosures

SEBI has made changes in disclosure requirements for ESG funds. There have been many instances of confusing, ambiguous, and incomplete disclosures related to green fund names, their goals, screening criteria, and impact claims.

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Iron ore extends slump below $100 as China concerns spur rout

Futures declined as much as 3% to $97 a ton in Singapore after collapsing by more than 13% last week. Industrial production data are due later on Monday, offering an insight into conditions across Asia’s largest economy.

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Niva Bupa Reassure 2.0 (Bronze ) Health Insurance Plan: Eligibility, claims, benefits, and more

Although the plan provides extensive coverage with efficient claims processing and valuable benefits, it#39;s crucial to carefully consider its drawbacks when comparing it to other available options.

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  • 8th Pay Commission accelerates consultations on fitment factor and salary revision – top 5 updates

    8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.

  • Bank holiday today: Are bank operations shut for Muharram on 26 June in Mumbai, Delhi, Chennai? Check RBI calendar here

    Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.

  • Should you invest in last year’s top mutual fund? Experts warn against this common mistake

    Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.

  • Micron shares surges after blockbuster earnings: Here's what is driving the rally and how Indians can invest

    Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

  • Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years

    Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

  • I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think

    Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

  • Should you switch SIPs to last year’s top-performing fund? This study has the answer

    Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

  • UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

    UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

  • Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

    Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

  • I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights

    For good weather plus softer luxury pricing, aim for April, May, September, or early October. 

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