Kapil Wadhawan (DHFL) offers to repay to lenders
Talks about resolution to DHFL debacle are heating up. Last week, 4 bidders submitted their bids to acquire the NBFC which went bad in June 2019. Reserve Bank of India…
Your wife may disagree with you on retirement
You think you are ready for retirement ! The Lady of the house may disagree…. Imagine you are close to your retirement age. You think that with all the diligent…
Ray Dalio’s Dollar Warning Suggests Gold Price Will Surge
Ray Dalio has warned that the U.S. dollar’s status as the global reserve currency is in danger, something that could benefit gold. The price of gold will be one of…
DEBT FUNDS : Who is gaining AUMs
There is a clear pattern that investors are giving up hope on any substantial rate cut decline. Therefore, they are exiting the GILT and Long Duration Fund. Investors are not…
Lower Interest Rates Good for Govt, Banks and Corporates, Not for Average Indian
The RBI has been trying to drive down the interest rates in the economy since January 2019. In January 2019, the repo rate was at 6.5%. Since then it has…
Blackstone, Prestige inch closer to sealing India’s biggest real estate deal
Private equity giant Blackstone has agreed to buy certain assets from Bengaluru-based Prestige Project Estates in a deal seen as India’s biggest real estate transaction. The announcement was made in…
How to make most of the metals sector rally
Tata Steel has seen a strong breakout and short-term traders could look at buying this stock, says Kunal Bothra of kunalbothra.co.in. Excerpt from an article published on ET website. To…
Power consumption grows 11.45 per cent to 55.37 billion units in first half of October
Thus, the extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month, according to experts. Power consumption on year-on-year basis declined 8.7…
Do you remember March 2020 ?
COVID19 is running its 8th month. We still hear Amitabh Bachchan over phone advising us for washing our hands, wearing masks and maintaining a safe distance. But it looks like…
Gold reserves across the world
Gold reserves of largest gold holding countries worldwide as of June 2020 (in metric tons) Ever since World War 2, USA has been the largest hoarder of Gold reserves. It…