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What awaits Dalal Street next week? Frustration and Déjà vu!

What awaits Dalal Street next week? Frustration and Déjà vu! SECTIONS Share Synopsis While indices may have logged gains over the past three weeks, they have been stuck in an 800-point range between 14,200 and 15,000 for well over two months as investors balance the near-term disruption caused by the second wave. Getty Images If the domestic problems weren’t weighing investors down enough, this week also resurfaced concerns over the possible future actions of the US Federal Reserve. Related MUMBAI: Benchmark equity indices ended a lackluster week in the red, snapping a three-week long winning streak, as the Covid-19 pandemic continued to sap investors’ enthusiasm for stocks.

[The Turning Point] How dropping out of college led this entrepreneur to launch edtech startup LearnApp

[The Turning Point] How dropping out of college led this entrepreneur to launch edtech startup LearnApp The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at the journey of Prateek Singh, Founder and CEO of Noida-based LearnApp. 0 claps In 2007, Prateek Singh, then 17, had to let go of a year of his college after his parents had to relocate to India from Malaysia. It was the middle of the semester and no school admitted him. Prateek was looking to make good use of his free time when his father casually asked him to start trading.

FPI outflows from Indian corporate bonds at a record ₹36,952 cr in FY21

FPI outflows from Indian corporate bonds at a record ₹36,952 cr in FY21 April 07, 2021 × Foreign portfolio investors (FPIs) have turned away from Indian corporate bonds in a big way in FY21. Amid risk aversion towards NBFC debt instruments and in search for benchmarked fixed income products, FPIs utilisation in Indian corporate debts more than halved to 23.14 per cent in March 2021, from 54.49 per cent for the same period last year. “The cost of hedging INR in the forward market is quite formidable. Quite a few FPIs hedge their currency risk when they buy India bonds as they seek carry via fixed income. Also, US Treasury yields have been rising gradually which offers FPIs dollar exposure without need to hedge. Hence, we have seen general disinterest in buying India bonds,” said Lakshmi Iyer, Chief Investment Officer (Debt) & Head Products, Kotak Mahindra Asset Management Company.

Fact Check: Morphed picture of US billboard used to take a dig at Kejriwal s freebies

Fact Check: Morphed picture of US billboard used to take a dig at Kejriwal’s ‘freebies’ On the occasion of International Women’s Day on March 8, a picture of a billboard targeting Kejriwal has gone viral on social media. India Today s AFWA probes the truth. advertisement The image of the billboard going viral on social media. On the occasion of International Women’s Day on March 8, Delhi chief minister Arvind Kejriwal said availability of free electricity and water in the Capital has helped women to run their households efficiently at a time salaries are not increasing but things continue to get costlier.

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