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The Ultimate Guide to Choosing the Best Mutual Fund Calculator

The Ultimate Guide to Choosing the Best Mutual Fund Calculator

Mutual fund calculators are invaluable tools for investors seeking to estimate the returns on their investments, plan their financial goals, and make informed decisions. With numerous options available, selecting the best mutual fund calculator can significantly enhance your investment planning. This guide provides an overview of the key features to look for in a mutual fund return calculator, with a focus on how it can be used to evaluate investments such as the Nippon India Small Cap Fund.

IBNS•Aug 27, 2024
Stock Market Success: Strategies That Work

Stock Market Success: Strategies That Work

Investing in the stock market has long been a popular avenue for wealth creation. However, success in this domain requires more than just luck; it demands a strategic approach, understanding market trends, and disciplined investing. This article delves into proven strategies that can help investors navigate the complexities of the stock market, with a particular focus on the Indian context. We will also explore the implications of key terms like NSE holidays 2024 and forex trading meaning, and how they play a role in investment decisions.

IBNS•Aug 27, 2024
Apple's operations in India likely to create 6 lakh jobs: Report

Apple's operations in India likely to create 6 lakh jobs: Report

Bengaluru: Apple's operations in India are projected to generate up to 600,000 jobs by the end of this financial year, according to an Economic Times report.

IBNS•Aug 27, 2024
Apple announces Indian-origin executive Kevan Parekh as new CFO, to take over from January 1

Apple announces Indian-origin executive Kevan Parekh as new CFO, to take over from January 1

California/IBNS: American tech major Apple has announced that its long-time employee Kevan Parekh will take over as the company's Chief Financial Officer (CFO) on January 1, 2025.

IBNS•Aug 27, 2024
Adani Power incorporates subsidiary in UAE

Adani Power incorporates subsidiary in UAE

Abu Dhabi/IBNS: Adani Group's subsidiary Adani Power Limited on Monday (August 27) incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd. in Abu Dhabi, United Arab Emirates (UAE), the company informed the exchanges.

IBNS•Aug 27, 2024
RBI Gov Shaktikanta Das unveils Unified Lending Interface, or ULI, says it will transform India's lending ecosystem

RBI Gov Shaktikanta Das unveils Unified Lending Interface, or ULI, says it will transform India's lending ecosystem

Bengaluru/IBNS: The Governor of Reserve Bank of India (RBI), Shaktikanta Das, on Monday (August 26) announced that the central bank will introduce its ‘Unified Lending Interface’, or ULI, technology platform across the nation.

IBNS•Aug 26, 2024
Crude oil prices rise on Mideast escalation fears, US rate cut expectations

Crude oil prices rise on Mideast escalation fears, US rate cut expectations

London/IBNS: Crude oil prices climbed 1 percent on Monday (Aug 26) on renewed concerns that an escalating Gaza conflict could disrupt regional oil supplies, extending gains from Friday when the prospect of US interest rate cuts lifted the global economic and fuel demand outlook, reports Reuters.

IBNS•Aug 26, 2024
BHEL bags Rs 11,000 crore orders from Adani Power and its subsidiary

BHEL bags Rs 11,000 crore orders from Adani Power and its subsidiary

Mumbai/IBNS: Bharat Heavy Electricals Ltd. (BHEL), an Indian central public sector undertaking (PSU) and the largest state-owned power generation equipment manufacturer, has informed the exchanges that it has signed a contract agreement with Adani Power Ltd. and its subsidiary Mahan Energen Ltd. to set up three Supercritical Thermal Power Projects, reports said.

IBNS•Aug 26, 2024
Anil Ambani reviewing legal options against SEBI order: Statement

Anil Ambani reviewing legal options against SEBI order: Statement

Mumbai/IBNS: Reliance Group chairman and managing director Anil Ambani, who has been banned by the Securities and Exchange Board of India (SEBI) from accessing the securities market for five years on fund diversion charges, is reviewing legal options, his spokesperson said on Sunday (Aug 25).

IBNS•Aug 26, 2024
Tata Sons clears Rs 20,000 crore debt to avoid mandatory share market listing

Tata Sons clears Rs 20,000 crore debt to avoid mandatory share market listing

Mumbai/IBNS: Tata Sons, the $410-billion holding company of the Tata Group, has voluntarily surrendered its certificate of registration after repaying over Rs 20,000 crore in debt to remain an unlisted entity, according to a report by The Economic Times.

IBNS•Aug 26, 2024
Senior Tesla Executive Sreela Venkataratnam quits, says working at Elon Musk's firm is not for the 'faint of heart'

Senior Tesla Executive Sreela Venkataratnam quits, says working at Elon Musk's firm is not for the 'faint of heart'

Ending her 11-year journey with Tesla, the company's vice president Sreela Venkataratnam quit the firm recently and said working in the firm was not for the 'faint of heart'.

IBNS•Aug 24, 2024
Deposit mobilisation not a challenge for bank, says SBI chairman Dinesh Khara

Deposit mobilisation not a challenge for bank, says SBI chairman Dinesh Khara

Mumbai/IBNS: Dinesh Kumar Khara, the chairman of India's largest public sector bank State Bank of India (SBI), on Friday (August 23) said that he does not foresee any challenges for the bank in deposit mobilisation, despite the intensified competition among banks to attract deposits by raising short-term deposit rates.

IBNS•Aug 24, 2024
Ola relaunches car-pooling service 4 years after its suspension

Ola relaunches car-pooling service 4 years after its suspension

Bengaluru/IBNS: Bengaluru-based transportation company Ola Consumer (formerly Ola Cabs) has officially relaunched its car-pooling feature 'Ola Share' on its app, after nearly four years of suspending the service due to Covid-19 protocols.

IBNS•Aug 24, 2024
Euro zone consumers' inflation expectations hold steady, shows ECB survey

Euro zone consumers' inflation expectations hold steady, shows ECB survey

Berlin/IBNS: The European Central Bank (ECB) survey showed on Friday that euro zone consumers' inflation expectations over the next 12 months remained steady for the third month in a row in July, reports Reuters.

IBNS•Aug 24, 2024
Cognizant sues software rival Infosys for allegedly stealing trade secrets

Cognizant sues software rival Infosys for allegedly stealing trade secrets

Texas/IBNS: American IT services giant Cognizant's TriZetto Software Group has filed a case against India's homegrown IT service major Infosys in Texas federal court on Friday (August 23), accusing the latter of stealing trade secrets related to its healthcare insurance software.

IBNS•Aug 24, 2024
India keen on more American tie ups in defence space: Defence Min Rajnath Singh

India keen on more American tie ups in defence space: Defence Min Rajnath Singh

Washington DC/IBNS: Defence Minister Rajnath Singh on Friday (August 23) told American industry leaders at a roundtable in Washington DC that India is keen to invite more US investment and technology collaborations in the defence space.

IBNS•Aug 24, 2024
Axio secures $20 million funding from Amazon Smbhav Venture Fund

Axio secures $20 million funding from Amazon Smbhav Venture Fund

New Delhi: Axio secured $20 million in equity funding from the Amazon Smbhav Venture Fund on Friday, as the digital consumer finance startup seeks to expand its lending capabilities and introduce additional credit products.

IBNS•Aug 23, 2024
GQG Partners acquires 0.69% stake in Ambuja Cement with 1.71 cr share purchase

GQG Partners acquires 0.69% stake in Ambuja Cement with 1.71 cr share purchase

Mumbai: GQG Partners Emerging Markets Equity Fund acquired 1.71 crore shares on Friday, a 0.69% stake in Ambuja Cement Ltd., for Rs 625.5 per share through a bulk deal.

IBNS•Aug 23, 2024
Religare confirms ED raids on its senior officials

Religare confirms ED raids on its senior officials

Mumbai: Financial services provider Religare on Friday confirmed that the Enforcement Directorate (ED) had conducted raids at the residences of its senior officials on August 21, 2024, the Economic Times Reported.

IBNS•Aug 23, 2024
Goldman Sachs cuts India's growth forecast by 20 basis points

Goldman Sachs cuts India's growth forecast by 20 basis points

Mumbai: Goldman Sachs Group Inc. has slashed India's growth forecast for this year and the next by 20 basis points, citing a reduction in central government spending, Bloomberg reported.

IBNS•Aug 23, 2024
Goldman Sachs cuts India's growth forecast for FY25 & FY26 by 20 basis points

Goldman Sachs cuts India's growth forecast for FY25 & FY26 by 20 basis points

Mumbai: Goldman Sachs Group Inc. has slashed India's growth forecast for this year and the next by 20 basis points, citing a reduction in central government spending, Bloomberg reported.

IBNS•Aug 23, 2024
Stocks of Nykaa's parent company jump 6.5% after reports of likely block deal

Stocks of Nykaa's parent company jump 6.5% after reports of likely block deal

Mumbai: Nearly 4.09 crore shares, representing a 1.43 percent stake in Nykaa's parent company, FSN E-commerce, were traded in a block deal, with pre-IPO investor Harindarpal Singh Banga likely being the seller, Moneycontrol reported.

IBNS•Aug 23, 2024
CDSL shares gain more than 12% after stock trades 1:1 ex-bonus

CDSL shares gain more than 12% after stock trades 1:1 ex-bonus

Mumbai/IBNS: The Central Depository Services (India) Ltd (CDSL) shares are trading ex-bonus in today's trading session as the bonus issue by the company took effect today.

IBNS•Aug 23, 2024
Govt to appoint new external members to RBI MPC ahead of crucial rate meeting in October: Report

Govt to appoint new external members to RBI MPC ahead of crucial rate meeting in October: Report

New Delhi/IBNS: The Government of India will appoint new external members to the Reserve Bank of India’s (RBI) monetary policy committee (MPC) by October at the latest ahead of a crucial meeting in which the MPC will face pressure to cut interest rates, Bloomberg reports, citing people familiar with the matter.

IBNS•Aug 23, 2024
SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market

SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) — the regulatory body for securities and commodity market in the country — has imposed a five-year ban on industrialist and Reliance Group's managing director (MD) Anil Ambani and 24 other parties, including former senior executives of Reliance Home Finance, from participating in the securities market.

IBNS•Aug 23, 2024
2.76% equity of Ambuja Cements changes hands at Rs 625.5 per share

2.76% equity of Ambuja Cements changes hands at Rs 625.5 per share

Mumbai/IBNS: As many as 6.8 crore shares, or 2.76 percent equity, of Indian cement production major Ambuja Cements changed hands in the block deal window on Friday (August 23), reports said.

IBNS•Aug 23, 2024
Dabur signs MoU with Tamil Nadu govt to invest Rs 400 cr in first production unit in South India

Dabur signs MoU with Tamil Nadu govt to invest Rs 400 cr in first production unit in South India

New Delhi/Chennai/IBNS: India's home-grown FMCG major Dabur plans to start its first manufacturing unit in South India by investing Rs 400 crore in the next five years.

IBNS•Aug 22, 2024
Punjab’s industrial growth strategy wins praise from leading business tycoons

Punjab’s industrial growth strategy wins praise from leading business tycoons

In a notable display of endorsement, prominent business leaders today commended Punjab’s industrial-friendly policies and pledged full support to enhance the state’s economic growth trajectory.

IBNS•Aug 22, 2024
Amul globally rated as strongest food and dairy brand

Amul globally rated as strongest food and dairy brand

India's Amul has been recognised as the strongest food and dairy brand globally, as per the Brand Finance Food & Drink 2024 report.

IBNS•Aug 22, 2024
Rajesh Nambiar resigns as Cognizant's India CMD, appointed as Nasscom president

Rajesh Nambiar resigns as Cognizant's India CMD, appointed as Nasscom president

New Delhi/IBNS: Cognizant Technology Solutions Corp’s India chairman and managing director (CMD) Rajesh Nambiar has resigned from his post to become president of information technology (IT) industry body National Association of Software and Service Companies (Nasscom).

IBNS•Aug 22, 2024
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