The US Federal Reserve policy minutes, expected to be out later tonight, will offer investors hints on the timing and extent of interest rate cuts this year. Sensex closed 53 points, or 0.07 per cent, lower at 73,953.31, while the Nifty 50 ended the day 27 points, or 0.12 per cent, higher at 22,529.05 on … Read more
Recently, social media has been inundated with inquiries from people seeking advice on how to position themselves in anticipation of significant events, such as trends emerging from the general election at 9.15am on 4 June, when India’s equity markets open for trade. Big events often create anxiety for most people regarding the decision to act … Read more
Brent crude futures fell by $1.21, or 1.45 per cent, to $82.50 per barrel. US West Texas Intermediate crude (WTI) futures for June, slipped by $1.26, or 1.58 per cent, to $78.54. The more active July contract lost $1.09, or 1.37 per cent, to $78.21. The structure of the Brent contract is weakening in an … Read more
I am a Hindu father with two daughters and a son, living in Mumbai. I own a house and some land in my hometown. I’ve heard about the changes made by the Hindu Succession (Amendment) Act, 2005, but I’m not sure how they apply to my situation. How can I plan my estate to ensure … Read more
Both claim to generate cinematic-grade video clips with just a few words of text. While this has sparked debate around AI’s impact on creative industries such as filmmaking and advertising, early reactions to their much-touted ‘magical’ abilities are lukewarm. According to three content creators and three filmmaking and advertising veterans that Mint spoke with, although … Read more
Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares. Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more
While the short answer is that there are no immediate issues, the longer answer uncovers several legal nuances. Legal experts say that couples involving NRIs who marry abroad don’t need to register their marriage in India, provided it is duly registered in the country where they wed. A marriage certificate from India is unnecessary for … Read more
Actress Scarlett Johansson has claimed that OpenAI used a voice for their new ChatGPT 4o chatbot that she found “eerily similar” to her own, despite having declined the company’s request to use her voice. In a statement to NPR, Johansson detailed her experience with the tech giant and its latest AI voice, “Sky.” NPR’s Technology … Read more
KOSPI falls, foreigners net sellers * Korean won weakens against dollar * S.Korea benchmark bond yield little changed SEOUL, – Round-up of South Korean financial markets: ** South Korean shares fell on Tuesday, led by lacklustre performances among battery makers, with the broader market focus set on U.S. chipmaker Nvidia’s earnings and the Bank of … Read more
In this environment, Deepak Shenoy, founder and CEO of Capitalmind, launched a momentum strategy in his portfolio management service (PMS). In May 2020, he published a whitepaper showing that even the simplest momentum strategies had beaten the broader market since 2000. Momentum investing broadly involves buying the fastest-rising stocks in the hope they will continue … Read more