“You are buying equities at significantly lower prices than they were and you are selling bonds that are being artificially bid up by the Federal Reserve,” said Michael O’Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.
“It is a small step towards ensuring the well-being of those fighting at the frontline and showing our gratitude for the services they are providing to the citizens,” the company said in a statement.
Sporting gesture AFTER India captain and Narendra Modi-fan Virat Kohli pledged support for the PM’s COVID-19 Relief Fund through a social media post, speculation ran rife on why the star cricketer and his actor wife Anushka Sharma had not disclosed the amount. Your diarist hears that the couple has donated Rs 3 crore. For the […]
Lok Sabha member Shashi Tharoor on Twitter, commenting on another tweet about PM CARES, asked: “Why not simply rename PMNRF as PM-CARES, given the PM’s penchant for catchy acronyms, instead of creating a separate Public Charitable Trust whose rules & expenditure are totally opaque?”
The countrywide lockdown put in place to check the spread of Covid-19 has prompted SBI Mutual Fund to suspend fresh flows into its gold fund with effect from Tuesday. Furthermore, all existing SIPs in the fund will come to a halt after April 6. SBI Mutual is the first fund house to have discontinued purchase […]
The rate cut by the RBI led to a steep fall in bond yields on Friday. The benchmark 10-year bond yield dropped to 6.07% compared to the 6.7% it has averaged in the past one year. This in turn gave a big boost to the NAVs of debt funds, especially schemes that have lined their […]
New Delhi: Theleme Master Fund, a UK-based hedge fund, on Monday picked up more than 31 lakh shares of HDFC Bank for Rs 280 crore through an open market transaction. Morgan Stanley Asia (Singapore) PTE. – ODI offloaded 31,07,852 shares at an average price of Rs 901. According to the block deal data available on […]
In an interview with a leading English daily, Brahmaji said, “Many of the leading actresses are from Mumbai and they are getting high remunerations here in Telugu. They are also getting stardom, and I am surprised that no one has responded to this charity initiative except actresses like Lavanya Tripathi.”
— Varun Dhawan (@Varun_dvn) 1585403927000 Not only their fans, but even PM Narendra Modi praised the talented actors for their contribution. He took to his Twitter account to acknowledge their great gesture. Praising the Khiladi Kumar, PM Modi wrote, “Great gesture @akshaykumar. Let’s keep donating for a healthier India.” Great gesture @akshaykumar. Let’s keep donating […]
“The country is struggling to tackle COVID-19 spread. Madrasa teachers and employees are with the government in this situation,” Teachers Association Madarise Arbia, UP General Secretary, Diwan Sahab Jaman said in a letter to the registrar of the UP madrasa board. The contribution will be made to the chief minister’s relief fund to help fight […]