Consolidation is the name of the game in India’s cement sector, but another emerging trend is the growing thrust on green energy. Cement companies are making significant investments in waste heat recovery systems (WHRS) and other renewable energy sources such as solar and wind power. This is expected to reduce the sector’s reliance on expensive…
Here’s a comprehensive guide on making informed decisions and avoiding legal or financial pitfalls during this transition. Understand your NRI status Once you’ve been out of India for 182 days or more in a year, you are considered an NRI. This change impacts your banking, taxation, and investments. You must update your status with your…
Venkateswaran (popularly known as Venkat) worked at HDFC Bank before moving to Banyan Tree Advisors, a PMS provider in Bengaluru,and expanding their business significantly. He launched Pygmalion Renaissance in 2018. By this time, many of his long-standing clients from his time at HDFC Bank and Banyan Tree wanted more holistic financial guidance. Today, Venkat’s firm…
The country has also already experienced a significant rise in demand for data centres. Among everything else, AI adoption has emerged as a key driver. With AI consumption having surged manifold since the launch of ChatGPT, availability of a robust data centre ecosystem has become paramount for businesses. Alongside this wave of digitization—that will enhance…
At the time of zeroing in on an investment advisor, investors often get carried away with the testimonials given on the websites of investment advisors. It’s not uncommon for an advisor to claim that one of his clients managed to earn a whopping (say) 30 percent return on the investment made, while another one could…
Stock Picks: Oil and Natural Gas Corporation (ONGC) share price has seen handsome gains of 94% in a year while Oil India Ltd share price having risen 263% having given Multibagger returns to the investors. The investor and analyst confidence on earnings growth of these upstream oil and gas producers remains strong, leading to gains…
Gold And Silver Prices Today: Gold prices saw a slight decrease on Wednesday.The cost of 24 carat gold is Rs.7480.6 per gm down by Rs.460.0.The cost of 22 carat gold is Rs.6852.3 per gm down by Rs.421.0. The price change in 24 carat gold in the last one week has been -0.36% .whereas in the…
US Market News: Tuesday’s record-breaking closing high for the Dow Jones Industrial Average and Wall Street stocks came from data supporting the belief that the US Federal Reserve is about to embark on its easing cycle, which will control inflation and prevent a recession, as per Reuters news report. In addition, the gold prices also…
Banks will remain closed today, July 17, in selected regions of the country on account of Muharram/Ashoora/U Tirot Sing day, according to the Reserve Bank of India (RBI) guidelines. Banks will remain closed in Agartala, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur, Ranchi, Shillong, Shimla,…
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on…
