investments News

Infosys announces interim dividend, over 6 percent revenue growth in September qtr

Infosys announces interim dividend, over 6 percent revenue growth in September qtr

Bengaluru: Technology leader Infosys on Wednesday announced an interim dividend and posted its second quarter results. A notification to this regards was filed with the exchange houses.The Infosys Board announced an interim dividend of Rs 12 per equity share.The notification read, "Fixed October 26,...

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Motilal Fund Tracker: Equity MFs at 6 month high, stocks that sizzled the most in Sept

Motilal Fund Tracker: Equity MFs at 6 month high, stocks that sizzled the most in Sept

Mumbai: In the words of Motilal Oswal Financial Services, Indian mutual-fund markets may have witnessed gross inflows of a 6 month high. Sales of equity schemes soared by 17.5 percent on a month-on-month basis to Rs 179 billion.In fact, 60 percent of top-25 mutual fund schemes outperformed the marke...

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Aadhaar V2.0: 5 things about UIDAI's waterproof pocket-sized PVC card

Aadhaar V2.0: 5 things about UIDAI's waterproof pocket-sized PVC card

The Aadhaar card version 2.0 is here. The Unique Identification Authority of India announced on October 7 that the second iteration of Aadhar cards would be made available.The new cards promise better security and would be reprinted on Polyvinyl Chloride (PVC) cards.Here's a look at what's new with ...

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IRDAI says Covid health insurance policy to be ported and migrated

IRDAI says Covid health insurance policy to be ported and migrated

Want to migrate your existing coronavirus policy to a different insurer? The IRDAI has officially announced that policy holders can renew, migrate and even port their existing Covid-19 health insurance policy.Currently the three popular variants of Coronavirus health insurance includes Corona Kavach...

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Asian markets tread cautiously seeing a Jittery Wall Street

Asian markets tread cautiously seeing a Jittery Wall Street

Shares were mostly lower in Asia on Wednesday after pandemic concerns snapped a four-day winning streak on Wall Street.Rising coronavirus counts in many countries are raising the urgency to develop vaccines and treatments and setbacks in that process tend to discourage investors.On Tuesday, independ...

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Wipro tumbles by 6 percent after Q2 and buyback plans

Wipro tumbles by 6 percent after Q2 and buyback plans

Mumbai: Stocks of Wipro reeled in the negative, a day after the company announced quarterly results for the September quarter.On Wednesday, stocks of Wipro trading on the BSE slid to 352 per share (down by 22.75 points or 6 percent) during the intra-day session.As of 10:01 AM, 8.60 lakh shares were ...

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IMF says global economy to collapse to worst in century

IMF says global economy to collapse to worst in century

Washington: The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.The IMF estimated Tuesday that the global economy will shrink 4.4% for 2020. That...

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September CPI: Here's how Meat and vegetables are leaving your wallet dry

September CPI: Here's how Meat and vegetables are leaving your wallet dry

New Delhi: Wondering why your wallet is turning dry these Covid days? Blame costly meat and vegetable prices!On Monday evening, official data pointed out cost of vegetables spurt by 20.73 percent in September 2020 from a year ago. Cost of pulses is up by 14.67 percent.Cost of meat and fish is up by ...

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Crores for economy, Festive Scheme for Sarkari Babus; Is this FM Sitharaman's gift?

Crores for economy, Festive Scheme for Sarkari Babus; Is this FM Sitharaman's gift?

Ever since news of Finance Minister Nirmala Sitharaman announcing a change in leave and advance policy, there have been frequent searches related to the new policy.On Monday, Finance Minister Nirmala Sitharaman announced two major policies - first, a cash voucher based Leave Travel policy. And, seco...

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October SGB: Why and why not to invest in legally Cheaper Gold ahead of Navaratri

October SGB: Why and why not to invest in legally Cheaper Gold ahead of Navaratri

The Navaratri season is around. And, if you are keen on buying Gold, the Reserve Bank of India's seventh SGB scheme should be considered.The RBI's Series VII 2020-21 series is open to subscribers from Monday and investors can subscribe to these bonds at a price of Rs 5,051 per gram.For digital inves...

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