Business
20524 articles
ETMarkets NRI Talk| ₹10 crore NRI portfolio: How Raghvendra Nath would allocate it across equities, debt and alternatives
Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income and alternative investments can provide diversification.
Annu Projects IPO Day 2: GMP, subscription status and key details. Should you subscribe?
The Annu Projects IPO entered its second day of bidding on August 26, with the issue subscribed by 34% on Day 1. With the grey market premium (GMP) currently at zero, the IPO could see a flat listing based on prevailing grey-market trends. The IPO is priced at ₹94-99 per share and closes on August 28. Here’s a look at its subscription status, financial performance, IPO objectives and whether investors should subscribe.
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?
Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations around US interest rates, Treasury buybacks and a weaker dollar. With investment demand expected to remain a key driver through 2026, investors and analysts including John Paulson and Christopher Wood remain bullish on gold and gold miners.
Crores pursue BA, BCom degrees with weak job links: NITI Aayog flags urgency of reimagining higher education in India
The report flags that many young people are earning conventional degrees but not necessarily the skills employers need and calls for greater industry participation and wider use of Public-Private Partnership (PPP) models to bridge the gap between education and employment.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42. Both benchmarks had declined more than 3% on Tuesday.
French woman praises India's UPI payments culture in viral video: ‘ ₹20 chai? Just scan and pay’
From a quick ₹20 snack to a short rickshaw ride, the “Scan. Pay. Done.” culture operated flawlessly at small street-food stalls, local cafés, and neighbourhood vendors, the French woman noted.
Skyways Air IPO Day 3: GMP indicates 21% listing premium; Issue subscribed 2.46x — Should you subscribe?
By the end of Day 2, the IPO was subscribed 2.46 times, with bids received for 2.95 crore shares on offer. Retail investors showed particularly strong demand, with their portion subscribed 3.54 times against the 1.48 crore shares reserved for them.
Hindustan Copper OFS opens for retail investors today. Should you apply in the metals major's offer?
The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can participate between 9.15 am and 3.30 pm using the separate OFS window on NSE and BSE. A minimum of 10% of the offer size has been reserved for retail investors.
Dolly Parton net worth: Who could inherit the country music icon's $450 million fortune?
Dolly Parton, who died at 80, had an estimated net worth of more than $450 million built through music, business and investments. With no children and husband Carl Dean having died last year, attention is now turning to the future of her fortune and philanthropic legacy.
Dollar moves in a narrow range ahead of inflation data, Jackson Hole
In Asian markets, the dollar held steady as traders looked ahead to crucial inflation reports, particularly the US PCE data set to be released before the Jackson Hole symposium this weekend. Meanwhile, oil prices dipped due to easing tensions in the Middle East and halted diplomatic negotiations. The Australian dollar strengthened following favorable inflation figures, while cryptocurrencies continued their upward trajectory, and gold saw a minor decline.
Yes, Federal, RBL put dollar bond plans on hold
Yes Bank withdrew its dollar debt plan as investors sought higher yields. Federal Bank and RBL Bank also postponed their dollar bond issuances. These lenders await a more favorable time to raise necessary foreign currency. An oversupply of Indian bonds has increased investor demand for better returns. This situation impacts the banks' ability to secure international funding.
Gold little changed with US inflation data in spotlight
Gold prices held steady as investors kept a watchful eye on upcoming United States inflation data, which is expected to offer insights into the Federal Reserve's interest rate decisions. Market participants are looking towards a potential pause in rate hikes next month. Concurrently, other precious metals, including silver, platinum, and palladium, experienced slight increases, reflecting ongoing global economic concerns and trade tensions impacting market dynamics.
Oil prices slide 2% on Iran-Oman talks to reopen Strait of Hormuz
Oil prices have dropped following the revival of discussions between Iran and Oman regarding the management of the Strait of Hormuz. The losses across both benchmarks highlight the market's reaction to navigation issues. Despite uncertainty gripping the market, some bargain buying has emerged, preventing further price decreases, while the U.S. is shifting personnel to its Middle Eastern diplomatic missions.
Gross FDI climbs as net inflows turn positive
Gross foreign direct investment into India saw a significant rise in June. Net FDI also increased substantially, recovering from a previous month's outflow. Outward FDI, however, continued its downward trend for the past two months. Financial, insurance, and business services were key sectors for outward investments. Manufacturing and trade sectors also witnessed outward FDI activity.
