Family offices and UHNIs take direct investment route for higher returns

Traditionally, limited partners (LPs) commit capital to venture funds without knowledge of the specific investments the fund manager will make, known as blind pool investment. However, these co-investment programmes provide LPs with the freedom to choose ...
Economic Times, 55 min(s) ago
Also from: Economic Times

No inflation risk from latest spike in oil prices: Economists

Unless retail fuel prices change, there is no direct impact of higher oil prices on Consumer Price Index. However, there will be some marginal impact in the form of higher input costs, said Aditi Nayar, chief economist, Icra.
Economic Times, 1 hour(s) ago
Also from: Rediff.com, Economic Times

Tailwinds at the right time: 7 pharma stocks with an upside potential up to 31 %

It is not very common to see tailwinds emerging for an industry at a time when it is ideal to own stocks from that space. But in the case of pharmaceutical companies, tailwinds have emerged at a time when valuations of the overall market are expensive and it ...
Economic Times, 15 hour(s) ago
Also from: Economic Times

RBI extends deadline to exchange Rs 2,000 notes

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the system by another week, till October 7. Photograph: ANI Photo The central bank said ever since it announced the move to withdraw Rs 2,000 notes on May 19, Rs 3.42 lakh crore of such notes have been received into the system either by deposition into bank accounts or exchanging, from the public. The currency returned is 96 per cent of the Rs 2,000 bank notes in circulation as on May 19, the Reserve ...
Rediff.com, 11 hour(s) ago
Also from: Economic Times

Full speed ahead: Vehicle sales set to touch a new high in April-September period

This period has also seen significant changes in powertrain share, with hybrid, CNG and electric vehicles showing gains. This change is being driven by rising fuel prices, concerns about air pollution and government incentives, said Ravi Bhatia, president, ...
Economic Times, 6 hour(s) ago
Also from: Economic Times

Interest Rate For 5-Year Recurring Deposit Scheme Hiked To 6.7%

The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter.
NDTV, 15 hour(s) ago
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Aaditya Thackeray slams Shinde government over foreign tours on taxpayers' money; BJP hits back

Addressing a press conference, Thackeray, while slamming the Shinde government over foreign tours, wanted to know why industries minister Uday Samant was going to Davos four months ahead of the World Economic Forum (WEF) there. He said Deputy Chairperson of ...
Economic Times, 14 hour(s) ago
Also from: Rediff.com, Times of India and 1 other source

Exporters seek clarity on EU's carbon certification

Exporters are seeking clarity on how the European Union will provide certification for industries' carbon footprint when the EU Carbon Border Adjustment Mechanism (CBAM) comes into effect. CBAM will impact sectors such as cement, iron and steel, aluminium, ...
Economic Times, 5 hour(s) ago
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Jubilant Food share price down 0.99 per cent

A total of 18,083 shares changed hands on the counter till 01:34PM (IST).
Economic Times, 1 day(s) ago
Also from: Economic Times

Mphasis shares drop 0.15% as Sensex rises

A total of 9,302 shares changed hands on the counter till 01:49PM (IST)
Economic Times, 1 day(s) ago
Also from: Economic Times