Shares of private lender Dhanlaxmi Bank recovered on Monday after plunging 9% following the exit of Sridhar Kalyanasundaram, an independent director who cited differences with the board on matters including the bank’s rights issue and capital position. The shares bounced back to trade 5.5% higher at 30.85 rupees as of 01:31 p.m. IST. Kalyanasundaram was […]
Day: January 16, 2023
Basmati’s mandi prices in Haryana, Punjab declineBasmati’s mandi prices in Haryana, Punjab decline
Soon after the imposition of minimum export price (MEP) of $1,200/tonne on Basmati rice till October 15, mandi prices of early maturity Pusa Basmati 1509 paddy declined by Rs 500/quintal to Rs 3,300/quintal in Haryana and Punjab on Tuesday. Traders in several mandis of Haryana and Punjab, to whom FE spoke, said that the short […]
Technology advancement will disrupt digital wealth management industryTechnology advancement will disrupt digital wealth management industry
By Gagan Singla A fool can earn money; but it takes a wise man to save and dispose of it to his own advantage.’ This quote of Brigham Young’s is a popular one among wealth managers. Wealth management is all about investing one’s assets in an intelligent manner to get the best returns. Wealth managers […]
Markets fall in early trade on weak global trends ahead of US Fed interest rate decisionMarkets fall in early trade on weak global trends ahead of US Fed interest rate decision
Equity benchmark indices fell in early trade on Wednesday in tandem with weak trends in global markets ahead of the US Federal Reserve’s interest rate decision. Foreign fund outflows and a weak trend in index major HDFC Bank also added to the overall bearish trend. Among the Sensex firms, HDFC Bank fell the most and […]