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How To Make Money On Sickly Bonds

Francis Rodilosso runs the Van Eck Fallen Angel High Yield Bond ETF. For this $2.8 billion portfolio, he mechanically buys bonds as soon as they get downgraded from high-quality to junk and sells any that get upgraded from junk to high-quality.

Forbes 8 Feb 2023 4:00 am

Advance Auto Parts Cash Flow Increases The Safety Of Its Dividend Yield

Advance Auto Parts, Inc. (AAP) is the featured stock in Januarys Safest Dividend Yields Model Portfolio.

Forbes 8 Feb 2023 1:26 am

What To Look For In Februarys Upcoming Consumer Price Inflation Numbers

Feburary's CPI report will provide some clues to the Fed's interest rate strategy for the first half of 2023. Here are the key considerations.

Forbes 7 Feb 2023 11:31 pm

Fed Official Warns U.S. Debt Default Would Be Catastrophe As Bank Of America Gears Up For The Worst

There is a temptation to brush off the developing debt limit drama That would be a mistake, one economist warns.

Forbes 7 Feb 2023 10:26 pm

Baidus Ernie Bot Powers Hong Kong Rise

Asian equities were mixed as North Asia (Japan, South Korea, Taiwan, China & Hong Kong) posted gains while South Asia (India, Singapore, Indonesia, Malaysia, the Philippines, etc.) posted losses.

Forbes 7 Feb 2023 9:12 pm

This Fund Is Your Best Tech Buy For 2023 (It Yields 12.1%)

All of my buy indicators suggest this profitable play is still in its early stages.

Forbes 7 Feb 2023 9:04 pm

Will The U.S. See A Recession? Key Metrics Offer Divergent Takes

An inverted yield curve has among the best track records in forecasting recessions in the U.S. post-war period. But unemployment data shows no sign of any recession yet.

Forbes 7 Feb 2023 8:27 pm

What is Exchange Traded Fund? Experts decode meaning, advantages and disadvantages of ETF

Exchange traded funds or ETF:Exchange traded funds or ETFs which not only helps in diversifying the portfolio but is easy to invest in too.

Zee Biz 7 Feb 2023 8:06 pm

Whats The US Projected Inflation Rate In 2023?

Were watching a delicate dance between the Fed, unemployment and interest rates unfold, aiming to tame the beast.

Forbes 7 Feb 2023 7:24 pm

BP Posts Record Profits In 2022. Should You Buy Its Shares Today?

Profits at BP more that doubled last year to $27.7 billion.

Forbes 7 Feb 2023 5:31 pm

Tech View: Nifty charts hint at selling pressure on every uptick. What traders should do on Wednesday

As Nifty formed a lower top for the second consecutive day, chart readers said 17,870 17,854 could be the trading range for the Nifty in the near term.Options data suggests a broader trading range between 17400-18200 zones, while an immediate trading range between 17600-17900 zones.

The Economic Times 7 Feb 2023 5:22 pm

Stock market update: Nifty Auto index falls 1.0%

The Nifty Auto index closed 1.0 per cent down at 13226.05.

The Economic Times 7 Feb 2023 5:07 pm

Gold Price Today (February 7): Yellow metal recovers on softer dollar as traders await economic cues - Check rate in Delhi, Mumbai and other cities

Gold Price Today February 7:On Multi Commodity Exchange of India Limited (MCX), Gold April Futures were up by 0.35 percent to Rs 57,153 per 10 grams in the afternoon trade of February 7.

Zee Biz 7 Feb 2023 5:03 pm

How to open SBI FD through internet banking

How to open SBI FD through internet banking

The Economic Times 7 Feb 2023 4:20 pm

Ayushman Bharat Yojana: Who can avail benefits under PMJAY health cover scheme? Check eligibility, how to apply

Ayushman Bharat Yojana:The premium is often exorbitant for senior citizens and the elderly the age group that requires medical insurance coverage the most.

Zee Biz 7 Feb 2023 3:21 pm

Motherson Sumi Wiring Q3 Results: Firm misses profit view on higher costs

The company, in which Japan's Sumitomo Wiring Systems holds a 25% stake, makes wiring harnesses and other electrical wires that are used in various cars and automotives, as well as in other industrial applications

The Economic Times 7 Feb 2023 3:21 pm

D2C firm Mensa Brands raises Rs 300 crore debt from TradeCred

Direct-to-consumer (D2C) firm Mensa Brands on Tuesday said it has raised Rs 300 crore debt from TradeCred. The funds will be used for new brand acquisitions as well as brand growth, including product development, supply chain integration, and working capital investment, the company said in a statement. With this additional capital, we will be able to double down on our growth ambition, Mensa Brands Founder & CEO Ananth Narayanan said. At present, Mensa has 25 brands across fashion, home, beauty and FMCG, including Dennis Lingo, Villain, Pebble, and MyFitness. Debt platform TradeCred has over Rs 2,200 crore of assets under management and more than 20,000 active users as of February 2022, the company said. As part of Mensa's Rs 300 crore financing arrangement, 50 UHNIs (Ultra high-net-worth individuals) collectively participated, it added.

Business Standard 7 Feb 2023 1:40 pm

With vote split, RBI's MPC might hike repo rate by 25 bps: Experts

Will there be a convergence or divergence among the members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on the 25 basis points (bps) policy rate hike, experts debate.

Business Standard 7 Feb 2023 12:47 pm

Shriram Trans Fin rises 0.28% as Sensex slides

The stock traded at a P/E multiple of 9.89, while the price-to-book value ratio stood at 1.18.

The Economic Times 7 Feb 2023 12:46 pm

Buy Praj Industries, target price Rs 495: Prabhudas Lilladher

The brokerage rolls forward to FY25E and maintain BUY rating at revised TP of Rs495 (Rs520 earlier) valuing 28x FY25E EPS.

The Economic Times 7 Feb 2023 12:44 pm

Pidilite Ind shares drop 0.67% as Sensex falls

A total of 7,623 shares changed hands on the counter till 12:41PM (IST)

The Economic Times 7 Feb 2023 12:41 pm

Havells India share price down 0.1 per cent

A total of 9,891 shares changed hands on the counter till 12:35PM (IST).

The Economic Times 7 Feb 2023 12:35 pm

Tata Power shares drop 1.03% as Sensex falls

The stock quoted a 52-week high of Rs 298.0 and a 52-week low of Rs 190.0.

The Economic Times 7 Feb 2023 12:30 pm

Buy Hindalco Industries, target price Rs 530: JM Financial

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 97573.19 Crore) operating in Metals - Non Ferrous sector.

The Economic Times 7 Feb 2023 11:39 am

Colgate-Palmolive shares gain 0.36% as Sensex falls

A total of 2,048 shares changed hands on the counter till 11:38AM (IST)

The Economic Times 7 Feb 2023 11:38 am

Buy Apollo Tyres, target price Rs 375: Emkay Global Financial Services

Driven by better scale and improved net pricing, the brokerage expects EBITDA margin to expand, from 12.3% in FY22 to 13.2% in FY23E and to 15.4% in FY25E.

The Economic Times 7 Feb 2023 11:29 am

Adani Transmission hits 5% upper circuit on strong Q3 show, recovery in group stocks

Transmission business revenue growth was driven by newly commissioned JKTL and WRSS XXI (A) and recently commissioned lines. Distribution revenue increased on account of a consistent uptick in energy demand, the company said in a release.

The Economic Times 7 Feb 2023 11:24 am

Hold Dalmia Bharat, target price Rs 1750: Emkay Global Financial Services

Dalmia Bharat key Products/Revenue Segments include Income From Management Services for the year ending 31-Mar-2022.

The Economic Times 7 Feb 2023 11:23 am

Shares of Bajaj Holdings rise as Nifty drops

On the technical charts, the 200-day moving average of the stock stood at Rs 5718.73.

The Economic Times 7 Feb 2023 11:23 am

Stock market update: Fertilisers stocks down as market falls

The 30-share BSE Sensex was down 74.7 points at 60432.2

The Economic Times 7 Feb 2023 11:22 am

Rupee set for muted open; US yields soar, 82.90 per dollar level in focus

The non-deliverable forward suggests that the rupee will open at around 82.68-82.74, compared with 82.7250 in the previous session

Business Standard 7 Feb 2023 9:18 am

What Companies Are Fueling The Progress In Natural Language Processing? Moving This Branch Of AI Past Translators And Speech-To-Text

With the recent advancements in artificial intelligence, the natural language processing subset has been getting attention as this field has also seen significant improvements. We look at what companies are fueling the progress in natural language processing.

Forbes 7 Feb 2023 7:31 am

Russian Aluminum Tariffs Mostly Good For Speculators, Not Much Else

A look at Russian tariffs and a short term prediction on aluminum pricing in a market still getting used to geopolitical risk.

Forbes 7 Feb 2023 3:39 am

Ferrari Expects Higher Profits Again, While New Purosangue Will Broaden Its Appeal

Ferrari expects higher profits again, while new Purosangue SUV will broaden its appeal

Forbes 6 Feb 2023 11:39 pm

Oil Companies Announce Large Profits From 2022 And Meta Stands Out From The Tech Crowd - Forbes AI Newsletter February 4th

Subscribe to the Forbes AI newsletter to stay in the loop and get AI-backed investing insights, the latest news and more delivered directly to your inbox every weekend.

Forbes 6 Feb 2023 10:20 pm

Muthoot Finance December quarter profit beats estimates on high gold prices

BENGALURU (Reuters) - Muthoot Finance Ltd reported a third-quarter profit on Monday that beat analysts' estimates, as higher gold prices boosted demand during the festive season

Business Standard 6 Feb 2023 9:42 pm

Balloon Pops Blinkens Visit, For Now

Asian equities were largely lower after Fridays unexpectedly strong US nonfarm payroll release that potentially pauses the Fed pivot, which is weighing on US equities today.

Forbes 6 Feb 2023 9:31 pm

Market Watch: Nifty may remain sideways in near term

The Economic Times 6 Feb 2023 9:18 pm

Pulte Group, Group 1 Automotive And These 3 Stocks Show Value And Momentum

Just because a stock is cheap doesnt mean it cant get cheaper. These stocks have beaten the S&P 500 by at least ten percentage points over the past year, three months and year to date. And each one sells for 15 times earnings or less.

Forbes 6 Feb 2023 9:01 pm

Weve Struck Oil: 3 Energy Plays Yielding Up To 11%

Whats better than a safe 11% dividend? How about one with 11% upside or more, too!

Forbes 6 Feb 2023 9:00 pm

LIC Housing Finance December quarter profit declines 37% as costs weigh

India's LIC Housing Finance Ltd reported a 37% decline in third-quarter profit on Monday, hit by higher financing costs and as impairment charges more than doubled

Business Standard 6 Feb 2023 8:50 pm

Layoffs in 2023: How to manage your finances amid job cuts

Layoffs 2023:From Microsoft to Amazon and Goldman Sachs, companies have cut thousands of jobs recently. And the latest in this long list is Dell, which has announced reduction of 6,650 jobs, or about 5 per cent of its global workforce.

Zee Biz 6 Feb 2023 8:18 pm

The Art Of Making Good Investment Decisions In VC

Often considered the ugly duckling of all asset classes, VC is allocated the least capital but arguably requires the most work to deliver strong returns. So, what does it take to succeed in the art of VC investing?

Forbes 6 Feb 2023 7:43 pm

RBI MPC Preview: Repo rate hike of 25 bps on cards; outlook on rates, liquidity critical for D-Street

The RBI has the luxury of raising rates or deferring it as inflation is cooling off and growth is stable. The market will be looking forward to the guidance on the borrowing program of FY24, said Nilesh Shah, managing director of Kotak Mahindra AMC.

The Economic Times 6 Feb 2023 7:39 pm

Rupee falls 1% as robust US payroll data stokes Fed rate hike fears

Losses less than some peers; traders point to strong fundamentals

Business Standard 6 Feb 2023 7:39 pm

Gold Price Today (February 6): Yellow metal rebounds after hitting four-week low - Check rate in Delhi, Mumbai and other cities

Gold Price Today February 6:The precious metal hit a more than four-week low in the morning, as the U.S. dollar firmed after stronger-than-expected jobs data fanned concerns that the Federal Reserve might further increase interest rates

Zee Biz 6 Feb 2023 5:54 pm

Ashish Kacholia takes part in Orbis Financial's Rs 111-crore fundraising

The company is also the custodian for institutional investors with forward looking services designed and customised to equip mutual fund houses, foreign portfolio investors, institutional investors, family offices, HNIs across segments to efficiently manage their operations.

The Economic Times 6 Feb 2023 3:17 pm

Bandhan Bank hikes FD interest rates by up to 50 bps; you can earn 8% on this tenure

The bank offers interest rates between 3% to 8% for regular citizens and 3.75% to 8.50% for senior citizens for tenure ranging between 7 days to 10 years.

The Economic Times 6 Feb 2023 2:06 pm

Indian banks' NIM to contract in FY24 as deposit costs rises: Fitch

Lenders should be able to offset impact by gradually passing on policy rate hikes to corporate loans: Agency

Business Standard 6 Feb 2023 12:40 pm

Mahila Samman Savings Certificate: Interest rate, investment limit, tenure

Mahila Samman Savings Certificate: Interest rate, investment limit, tenure

The Economic Times 6 Feb 2023 11:54 am

Indian Oil Corp. shares up 0.7% as Nifty drops

A total of 599,980 shares changed hands on the counter till time (IST).

The Economic Times 6 Feb 2023 11:43 am

Buy Ami Organics, target price Rs 1143: HDFC Securities

The brokerage is bullish on the back of expansion of its speciality chemicals portfolio, rising utilisation of the Gujarat Organics facility and strong product pipeline in its advanced pharma intermediate business.

The Economic Times 6 Feb 2023 11:39 am

Share price of Siemens jumps as Sensex drops 410.74 points

Promoters held 0.0 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 5.42 per cent and 2.81 per cent, respectively.

The Economic Times 6 Feb 2023 11:32 am

Add Greenlam Industries, target price Rs 360: HDFC Securities

Promoters held 51.22 per cent holding as of December ended quarter of 2022, while FIIs owned 1.44 per cent, DIIs 13.10 per cent.

The Economic Times 6 Feb 2023 11:30 am

Stock market update: Nifty Pharma index falls 0.23% in a weak market

The Nifty Pharma index was trading 0.23 per cent down at 12156.0.

The Economic Times 6 Feb 2023 11:27 am

Hot Stocks: Global brokerages on ITC, SBI, and InterGlobe Aviation post Q3 results

Morgan Stanley maintained an overweight rating on ITC with a target price of Rs 415 post Q3 results.Q3 earnings were ahead of Morgan Stanley and consensus estimates. A strong beat on Cigarettes, Hotels, and FMCG businesses was a key positive. Strong results and positive implications from the Budget augur well, Morgan Stanley said.

The Economic Times 6 Feb 2023 10:35 am

LTIMindtree shares gain 1.38% as Sensex falls

The stock quoted a 52-week high of Rs 6520.0 and a 52-week low of Rs 3733.25.

The Economic Times 6 Feb 2023 10:30 am

Buy Crompton Greaves Consumer Electricals, target price Rs 400: HDFC Securities

Crompton Greaves Consumer Electricals, incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 20043.12 Crore) operating in Consumer Durables sector.

The Economic Times 6 Feb 2023 10:29 am

Rupee falls 42 paise to 82.50 to the dollar on back of domestic equities

The rupee depreciated 42 paise to 82.50 against the US dollar in early trade on Monday, weighed down by a strong American currency and a muted trend in domestic equities. Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, forex traders said. At the interbank foreign exchange, the domestic unit opened weak at 82.35 against the dollar, then fell to 82.50, registering a decline of 42 paise over its last close. In the previous session on Friday, the rupee settled at 82.08 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.17 per cent to 103.09. Brent crude futures, the global oil benchmark, advanced 0.25 per cent to USD 80.14 per barrel. The rupee started this Monday on a weaker note against the dollar after a better-than-expected US jobs report prompted investors to bet on more Federal Reserve rate increases, said Sriram Iyer, Senior Research Analyst at Relian

Business Standard 6 Feb 2023 10:26 am

Share price of Tata Power jumps as Sensex drops 402.09 points

Promoters held 46.86 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 10.1 per cent and 3.83 per cent, respectively.

The Economic Times 6 Feb 2023 10:25 am

Stock market update: Stocks that hit 52-week lows on NSE

Adani Ent., Divis Labs, HDFC Life, Tata Steel and Eicher Motors were among the top losers on NSE.

The Economic Times 6 Feb 2023 10:25 am

Buy State Bank of India, target price Rs 740: HDFC Securities

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 486882.19 Crore).

The Economic Times 6 Feb 2023 10:21 am

Paytm, PhonePe to launch UPI Lite for smaller epayments soon: Report

UPI Lite was introduced by the National Payment Corporation of India (NPCI) last year to facilitate small ticket transactions up to Rs 200

Business Standard 6 Feb 2023 8:52 am

Bond yields and rupee to closely track RBI's monetary policy meet

The RBI is widely expected to raise interest rates by 25 basis points (bps) on Wednesday, which many traders believe will be the last before a prolonged pause

Business Standard 6 Feb 2023 8:38 am

Aditya Birla Sun Life Flexi Cap Fund: Fund review

While the funds longer term track record in the hands of its long serving fund manager is healthy, its performance has dipped since 2020, when value style gained favour over growth.

The Economic Times 6 Feb 2023 6:30 am

Should you opt for the new tax regime 2023?

The new tax regime offers a higher tax exemption, raises the threshold for tax rebate and reduces the surcharge for the super rich. Find out if you should go for it.

The Economic Times 6 Feb 2023 6:30 am

The trade-off those who choose the new tax regime will have to be prepared for

How many people earning Rs.7-9 lakh can save Rs.2 lakh in a year? Most people at these earning levels can save about Rs.50,000 -75,000 a year. For them, the trade-off will be to either save tax by investing a bit or save tax by switching to the new regime! And that will be a disaster.

The Economic Times 6 Feb 2023 6:30 am

Budget 2023 impact: 100% rise in interest income from Senior Citizens Saving Scheme (SCSS), POMIS

. The deposit limit in the Senior Citizens Saving Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS) has been doubled, allowing the seniors to potentially increase their income from interest by 100% if fully invested.

The Economic Times 6 Feb 2023 6:30 am

Sending money abroad, foreign investment to cost more: How remittances will be taxed from July 1, 2023

Sending money to meet living expenses of students abroad will attract 20% TCS.

The Economic Times 6 Feb 2023 6:30 am

Parents should stop funding the expensive educational pursuits of entitled children

We have children of farmers and rural folks selling and pledging land and gold to study at nondescript private colleges. They earn a useless degree and remain either jobless or become salesmen in the retail or financial sectors.

The Economic Times 6 Feb 2023 6:30 am

Time to review your personal finances: 4 things you must check

Review the asset mix or debt and equity exposure in comparison with the life stage, and try 3 to make necessary alterations.

The Economic Times 6 Feb 2023 6:30 am

Debt mutual funds get a passive makeover; will this make it compelling alternative to bank FDs?

Newest offering boasts sovereign credit profile and low expense ratio.

The Economic Times 6 Feb 2023 6:30 am

ABSL Flexi cap mutual fund review: Needs a sharp turnaround; should you stay invested?

While the funds longer term track record in the hands of its long serving fund manager is healthy, its performance has dipped since 2020, when value style gained favour over growth.

The Economic Times 6 Feb 2023 6:30 am

How to save to fund an entrepreneurial dream

Plan investments according to the time horizon needed for assets to grow.

The Economic Times 6 Feb 2023 6:30 am

Market-linked debentures (MLDs) to lose preferential taxation

MLD is a type of debt instrument where the return is not fixed and is based on the performance of an underlying index or security. This underlying security could be the bellwether index like Nifty50 or even government bond yields.

The Economic Times 6 Feb 2023 6:30 am

What are passive debt mutual funds: 5 things to know

Since the funds are passively managed, they are relatively low in cost as compared to actively managed debt funds.

The Economic Times 6 Feb 2023 6:30 am

Stocks This Week: Buy Owens Illinois And Terex

The S&P 400 mid cap average has been a leader since the October low. Here are a pair of stocks that are due to be leaders.

Forbes 5 Feb 2023 11:40 pm

Aadhaar-PAN link status check by SMS, online - check last date, fees, penalty

Aadhaar-PAN link status:As of now, individuals will have to pay a fine of Rs 1000 for linking PAN-Aadhaar. Till June 30, 2022, this penalty was Rs 500 which was doubled from July 1, 2022 onwards.

Zee Biz 5 Feb 2023 6:20 pm

From income tax slab to saving schemes - what has Budget 2023 done to Personal Finance? Here are the top 10 pointers

The basic exemption limit has been hiked to Rs.3 lakh from Rs.2.5 lakh in the new income tax regime. The number of income tax slabs in the new regime has been reduced to 5 from 6.

Zee Biz 5 Feb 2023 2:56 pm

DA Hike Alert: Good news for govt employees, pensioners! Centre likely to increase dearness allowance by 4%

DA Hike Alert: The dearness allowance increased will be effective from January 1, 2023.

Zee Biz 5 Feb 2023 12:32 pm

Stock Market Extremes: How These Measures Look Right Now

Its one way of looking at the stock market that doesnt require a deep understanding of the ways of the Federal Reserve or of assessing what the quarterly earnings of a company MIGHT be.

Forbes 4 Feb 2023 8:34 pm

What Is An Earnings Recession, And How Does It Affect Stock Prices?

Earnings season is here, and the numbers may not be as robust as investors hope. This has sparked fears of an earnings recession.

Forbes 4 Feb 2023 7:30 pm

PIB Fact Check unearths truth behind this viral letter on PM Mudra loan scheme; have you also received any such post?

PIB Fact Check, PM Mudra Yojana: The governments fact-checking team has completely rejected this fake announcement being circulated on social media with a letter attached to it.

Zee Biz 4 Feb 2023 5:13 pm

Gold Price Today (February 4): Yellow metal dips over Rs 2,500 from record high - Check rate in Delhi, Mumbai and other cities

Gold Price Today, February 4:On Multi Commodity Exchange of India Limited (MCX), Gold April Future was down by 1.97 percent to Rs 56,560 per 10 grams in the afternoon trade of February 4.

Zee Biz 4 Feb 2023 1:06 pm

Deductions available under new tax regime 2023

Deductions available under new tax regime 2023

The Economic Times 4 Feb 2023 10:25 am

5 Energy Stocks Gurus Are Drilling Into

Investors load up on oil and gas companies as prices and demand rise

Forbes 4 Feb 2023 1:02 am

Strong Labor Market Lends Itself To More Fed Hikes, But Not For Long

Look for overstocked businesses to start shedding some workers soon. Fed will be cautious to raise rates into a job market reversal.

Forbes 4 Feb 2023 12:24 am

2023 Value Stock Picks: Fed Punching A Hole In The Punch Bowl

Roughly 11 months ago marked the launch point for the Federal Reserves tightening cycle, adding over four percent to its Federal Funds Target Rate since last March to a current upper bound of 4.75%.

Forbes 4 Feb 2023 12:22 am

The Great China Unshoring, Retails Big Trend For 2023

Although companies are expected to report subdued annual earnings (the retail year typically ends January 31), diminished by markdowns and logistical costs, the abundance of merchandise may have allowed some breathing room to accelerate investment in reshoring and re-sourcing suppliers.

Forbes 3 Feb 2023 11:15 pm