Lok Sabha Election 2024: Nifty 50 may see a rally to 23,000, but can that last longer? Bernstein answers

Lok Sabha Election 2024: Nifty 50 may see a rally to 23,000, but can that last longer? Bernstein answers

Bernstein expects sectors such as infra, manufacturing, domestic cyclical, financials, and SOEs (state-owned enterprises) to lead, while consumer and IT will lag. For a few days, SMIDs (small and midcaps) may do better than large caps, said Bernstein. The final two phases of the seven-phase Lok Sabha election 2024 are scheduled for May 25 and … Read more

Why should you consider maternity insurance before starting a family? Here are 5 key reasons

Why should you consider maternity insurance before starting a family? Here are 5 key reasons

The increasing expenses associated with childbirth in India are fueling a greater interest in health insurance policies that include maternity coverage. It is essential to explore the real-life challenges of starting a family, emphasising the necessity for thorough preparation. Maternity insurance emerges as a cornerstone in this readiness, offering essential support for the well-being and … Read more

China against ChatGPT; introduces its own secure AI system rooted in Xi Jinping’s ideology

China against ChatGPT; introduces its own secure AI system rooted in Xi Jinping's ideology

China’s top internet authority has introduced a language model rooted in President Xi Jinping’s political philosophy, described as a “secure and reliable” closed AI system, according to a report by the South China Morning Post. Reportedly, the model was developed by the China Cyberspace Research Institute, under the supervision of the Cyberspace Administration of China, … Read more

Exxon case against activist shareholder can proceed, US judge rules

May 22 – A U.S. judge on Wednesday allowed a lawsuit filed by Exxon Mobil against two activist groups seeking to bar their climate resolution to go ahead against one of the two groups. The oil company’s lawsuit raised alarm among activists and proxy advisers who argued it would muzzle debate among shareholders and public … Read more

Retirement planning for NRIs: Investing in India

Retirement planning for NRIs: Investing in India

At present, I am a non-resident India (NRI) working in Finland and want to start investing in the Indian stock market. While I live alone here, my family resides in India. I plan to work for a maximum 6 to 7 years in Finland and then come back to India. I have a house in … Read more

Microsoft AI push may boost domestic laptop sales

Microsoft AI push may boost domestic laptop sales

Equipped with the capability to independently execute complex AI algorithms, these devices are expected to have a growing impact on overall PC shipments, despite restricted release this year, they added. According to a consensus of three industry analysts surveyed by Mint, PC shipments are expected to stabilize this year following a 6% dip in 2023. … Read more

Awfis Space Solutions IPO fully subscribed on day 1, retail investors bid highest; check latest GMP, subscription status

Awfis Space Solutions IPO fully subscribed on day 1, retail investors bid highest; check latest GMP, subscription status

Awfis Space Solutions IPO: The initial public offering (IPO) of Awfis Space Solutions Limited opened for subscription on Wednesday, May 22 and was fully subscribed at 2.03 times by the end of today’s session, according to BSE stock exchange data. The mainboard IPO of the workplace solution provider will remain open for investors till Monday, … Read more

Why women must drive estate planning

Why women must drive estate planning

The active involvement of women in estate planning has always been a grey area. While traditional perceptions are changing, there is still a mind block in the way of giving women a bigger say in estate planning. Let us go back to what the Hindu Succession Act, 1956, says about the property rights of women? … Read more

General Elections 2024: BJP not winning 400 seats won’t be negative for market, says Naveen Kulkarni of Axis Sec PMS

General Elections 2024: BJP not winning 400 seats won't be negative for market, says Naveen Kulkarni of Axis Sec PMS

Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS, believes that BJP not winning 400 seats will not be negative for the market at all. A stable and predictable political regime is most important right now. Therefore, irrespective of the outcome, it won’t significantly affect the market, he explained.  Kulkarni further noted that if FIIs are … Read more

Buying a home in your 40s? Here are 4 key things to keep in mind

Buying a home in your 40s? Here are 4 key things to keep in mind

In their forties, many people wish to purchase a home. This decade of life typically results in a more established career, presumably higher income, and greater savings compared to their 20s or 30s. It would be best if you had a clearer idea of your long-term objectives and what you want in a home as … Read more