Government bond yields have declined in the current quarter due to foreign inflows ahead of inclusion of domestic debt in JPMorgan's emerging market index. Yields on the 10-year benchmark government bond were at 6.99% on Thursday, down from 7.05% at the end of the March quarter.
Quant schemes had liquid assets, which include large-cap stocks, T-bills, G-Secs, gold, and silver, worth approximately 53.5% of their total equity AUM, the asset manager said.
India Cements had mandated ICICI Bank and EY to arrange for the debt from lenders including private credit funds, as reported earlier and they have been in talks with lenders including private credit funds.
This was followed by more prominent deals in recent times. In 2022, Adani Group acquired ACC and Ambuja Cements from Holcim. The acquisition of ACC-Ambuja cement assets was valued at ₹81,400 crore.
With he and President Joe Biden running neck-and-neck ahead of their first debate Thursday night, investors have already been trying to game out how the Republican's return to the White House could affect everything from the electric-vehicle industry to the direction of long-term interest rates.
The criteria for exit would apply to only those stocks which have completed at least six months from the month of entry into the derivative segment. while for existing stocks in the derivatives segment, the exit criteria on the basis of performance would be applicable three months after the date of issuance of circular, Sebi said.
In a remarkable turnaround, the hotel stock surged from ₹380 on June 23, 2023, to ₹649 on June 26, 2024, a staggering 70% increase within a year. However, the rally lost some steam in the latter half, peaking at ₹602 in February 2024 before facing resistance. The stock subsequently consolidated within a range, finding support at ₹480-500 and facing resistance at ₹600-622.
The US automobile industry has been threatened by the prospects of low-cost Chinese Electric Vehicles (EVs) reaching the country through the Mexican border. The US-Mexico-Canada trade agreement provides for free movement of goods and services between the three countries. The average price of an EV manufactured in the US has been priced at $55,000 and the Chinese EVs are priced at half this rate.
According to NASA's Jet Propulsion Laboratory, asteroid 2011 UL21 may come to the Earth at the speed of around 58,000 miles per hour. It may come within 4.1 million miles of Earth. We can say that the asteroid may be approximately 17 times farther away from Earth than the moon.
NASA released a spectacular photo of Phobos, a moon of Mars that is approaching a slow collision with the planet. This moon, which was formerly a comet, is distinguished by its white ice streaks and Stickney Crater.
Pharma giants Walgreens is now closing down as one of their 4 US stores are currently underperforming amid stiff competition from retail chains like Target. Even slashing price and giving discounts are not working out for the organization, claim reports.
Amid the recently surging temperatures in the US, a wax statue of former American President Abraham Lincoln melted down right in front of an elementary school in Washington DC. As the temperatures reached a whopping three digits this past week, the scorching heat has got to all, including Lincoln, it seems.
Ruja Ignatova who has been accused in a multi-billion-dollar scam has a $4 million bounty on her head. This has been offered by the FBI which has sought the assistance to locate her. She has accused of selling fake cryptocurrency to the customers of ‘One Coin’ of which she is a co-founder.
Michael Jackson's death in 2009 revealed his deep financial troubles, including over $500 million in debt. His extravagant lifestyle and legal battles worsened his situation.
A video of Christiano Ronaldo escaping injury by whiskers at the end of Portugal's shocking loss to Georgia has gone viral on social media platforms. In a video uploaded on X account of EuroFoot, a fan can be seen hopping over the barrier in the stands to try and get close to the Al-Nassr hero as he walked down the tunnel.
Sarah Michelle Gellar joins the "Dexter" prequel series, Dexter: Original Sin, as Dexter's boss. Set in 1991 Miami, the show follows young Dexter learning to channel his inner darkness while working at the Miami Metro Police Department.