Financial

Consumer durables saw the highest inflows, with FIIs purchasing around Rs 5,297 crore, followed by the information technology, services, and financial sectors, which attracted funds worth Rs 4,529 crore, Rs 4,251 crore and Rs 2,782 crore, respectively.

Daily horoscope Wednesday, 8 May 2024: Read all zodiac sign's horoscope for today

Based on today's horoscopes, Libra seems to be the zodiac sign doing best in finance with opportunities for gains, repayments, and favorable investments. Career-wise, Sagittarius appears to have the most promising day with support from colleagues and potential travel opportunities.

Karnataka to conduct socio-economic and behavioural analysis to tackle investment frauds

The Office of the Special Officer & Competent Authority, tasked with investigating scams like the I-Monetary Advisory (IMA) scam under the Karnataka Protection of Interest of Depositors in Financial Establishments Act, will carry out a detailed study on investment patterns, repercussions, and necessary interventions.

Kotak Mahindra Bank Q2 FY24 – Why the underperformance should reverse

The appointment of a new CEO removes the cloud over leadership change

Financials lead slide in Indian shares; oil prices, US rates woes weigh

The NSE Nifty 50 index closed 0.71% lower at 19,671.10, while the S&P BSE Sensex fell 0.83% to 65,877.02.

HMD Global appoints Tanuj Patro as CFO for India and APAC

He will work closely with the leadership team to drive financial performance, and operational efficiency, and support the company's mission of connecting people through advanced mobile technology, HMD Global said in a statement.

Financials, largecap oil firms have reported decent numbers, says Max Life Insurance's Mihir Vora

The senior director and CIO of Max Life Insurance says private sector banks and some NBFCS are looking attractive but suggests keeping a close eye on banks' margins

Byju's to make financial results public next week

The company had informed the Ministry of Corporate Affairs in July that it will announce its financial result on September 6.

Vodafone Idea debt a challenge; fundraise critical for competitiveness, say analysts

New Delhi, May 13 Even as debt-ridden telecom operator Vodafone Idea's financial performance in the March 2022 quarter has been in line with the in..

Moneycontrol Market Sentiment Survey | Financial sector can push markets further up: Experts

The fifth edition of the money managers' survey reveals that the financial sector can take the markets further up; equities continue to remain the preferred asset class among investors.

COVID-19 second wave: Will aviation sector again hit an air pocket?

Airlines were looking at a good summer recovery but the rising number of COVID-19 cases and the consequent restrictions along with curfews have led to a sharp decline in passenger traffic. Watch the video to know how the aviation sector is fighting for its survival.

Editor's Take | Post default, will Naresh Goyal cede control of Jet Airways?

For an airline that loses around Rs 14 crore a day, Jet Airways faces an uphill task to raise capital and skirt insolvency proceedings.

Money Money Money: Top investment mantras for women

Being a woman is a wonderful thing. We have more choices and more opportunities to realise our potential in today's world. The only thing that can perhaps limit a woman today is her own imagination and of course her financial reality.

Banks, FIs sanction Rs 1.08 lakh cr for renewables: Goyal

Banks and financial institutions have sanctioned funding of Rs 1.08 lakh crore for renewable energy capacities of 42.71 GW since February 2015, Union Minister Piyush Goyal said today.

Demonetisation will clean up real estate in India

Watch the interview of Kartik Jhaveri, Director, Transcend Consulting and Anuj Puri, Chairman & Country Head, JLL India with Surabhi Upadhyay on CNBC-TV18, in which they shared their views on how demonetisation will impact financial and real estate investments in India.

Digital Finance Conclave: A step towards paperless transaction

The world is rapidly evolving towards digitisation and digital money is taking over all other modes of payment. To know more, watch accompanying videos of Digital Finance Conclave.

NSE FinWiz at Tech Mahindra, Pune

NSE FinWiz visited Tech Mahindra at Pune to gauge thoughts and notions of its employees on investment and financial planning.

Earnings to perk up once private capex cycle kicks in: S Naren

The market will be led by financial, capital goods and utilities sector for the next few years. He does not see the IT sector turning around anytime soon.

Bharat Financial President Dilli Raj resigns

Raj‘s judicial custody has nothing to do with Bharat Financial, says PH Ravikumar, non-executive chairman of the company. The resignation is his personal decision, he adds.

India, China hold Financial and Economic Dialogue

Secretary Economic Affairs, Shaktikanta Das accompanied by a delegation of officials from the RBI and Finance Ministry took part in the annual Dialogue along with the Chinese delegation led by Vice Minister for Finance Shi Yaobin.

Raghuram Rajan: 90-95% of what I wanted to achieve is done

Outgoing Reserve Bank of India Governor Raghuram Rajan spoke to CNBC-TV18‘s Latha Venkatesh on a variety of topics – and most importantly on his decision to step down in September when his three-year tenure ends.

Advisors brace for the $30 trillion 'great wealth transfer'

Over the next several decades, the biggest and wealthiest generation in US history will transfer roughly USD 30 trillion in assets to their Gen X and millennial children, and if studies are accurate, most of those children will promptly fire their parents' advisors.

Expect 14% Sensex earnings growth for FY17: Citi

Surendra Goyal of Citigroup India said the brokerage has revised its outlook for Sensex to 28,800 from 27,000 drawing confidence from the good earnings show India Inc delivered in March quarter of FY16.

Vistaar Financial Services: Serves the underserved

Two friends, Brahmanand Hegde and Ramakrishna Nishtala decided to tap a segment of the market which was underserved by the current financial system and started Vistaar Financial Services.