A spate of recent orders under the Indigenously Designed Developed and Manufactured (IDDM) category have led to investor focus on defence stocks. Actually, the defence index has been an outperformer for a long while with public sector undertakings (PSUs) like Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Garden […]

Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which […]

The United States has more firearms than people, and while most guns are held by law-abiding citizens, many end up being used in crimes. The majority of murders are committed using a gun, and handguns were the most common weapon used in robberies in 2021. Guns that are traced by […]

With home prices declining for over six months, some U.S. housing market conditions have shifted to favor buyers. Still, other conditions stack up against homebuyers, particularly mortgage rates. As inflation began to surge, the Federal Reserve raised interest rates nine times in 12 months in an attempt to stem inflation. […]

The Securities and Exchange Board of India (Sebi) is discussing with mutual funds (MFs) a proposal on introducing new total expense ratio (TER) slabs linked to the total equity and debt assets by replacing the current ones that are linked to assets of an individual scheme. Senior MF executives confirmed […]

If you have seen Zwigato, Param Kumar’s story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he […]

Effective immediately, Walt Disney Studios President of Marketing and 18-year studio vet, Asad Ayaz, has been named the first-ever Chief Brand Officer of The Walt Disney Company. CEO Robert Iger just announced the news. In this newly created position reporting to Iger, Ayaz will be responsible for stewarding and elevating […]

The UK construction activity logged only a marginal expansion at the end of the first quarter, as the faster rise in the civil engineering category was offset by lower demand for residential works, survey results from S&P Global showed Thursday. The Chartered Institute of Procurement & Supply construction Purchasing Managers’ […]

What’s different this time is that global financial stress — which has its genesis in four policy choices made in recent years — is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan. The global economy is currently riddled with contradictions. […]

Rupert Murdoch, Lachlan Murdoch, Fox Corporation board member Paul Ryan and Fox Corp. executive Viet Dinh can be compelled to testify in Dominion’s upcoming defamation trial against Fox News, a judge said on Wednesday. Delaware Judge Eric M. Davis said that Dominion would have to issue a trial subpoena to […]