SRF Q2 PAT drops 33% YoY to Rs 201 cr (23-10-2024)
The specialty chemical maker’s consolidated net profit slipped 33.03% to Rs 201.42 crore in Q2 FY25 as compared with Rs 300.78 crore recorded in Q2 FY24.
NSE Bull Gets A Human Family (23-10-2024)
Glimpses of the iconic NSE Bull and the newly renovated atrium at the National Stock Exchange headquarters in Mumbai.
Paytm gets NPCI nod to onboard new UPI users (23-10-2024)
The National Payments Corporation of India (NPCI) has granted approval to Paytm to onboard new UPI users, subject to the adherence to all procedural guidelines and circulars, according to the company. The move is expected to come as a relief to Paytm, which had suffered a blow following the Reserve Bank of India’s restrictions earlier this year on associate company Paytm Payments Bank Limited (PPBL) in onboarding new UPI users on the Paytm app. In March, the NPCI gave approval to Paytm to participate in UPI as a Third-Party Application Provider (TPAP).
As Election Looms, Disinformation ‘Has Never Been Worse’ (23-10-2024)
A torrent of falsehoods, from home and abroad, have undermined what was once a shared faith in the honesty of America’s democracy.
Barometers erase all gains; Pharma shares slide (23-10-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex was down 34.93 points or 0.05% to 80,185.79. The Nifty 50 index shed 5.90 points or 0.02% to 24,466.20.
How to generate alpha through dynamic hedging in periods of downtrend (23-10-2024)
Dynamic hedging, as practiced by experienced fund managers, mitigates risks through real-time adjustments in long and short positions. A 137-year study by Hurst, Ooi, and Pedersen reveals that such strategies performed well during major financial crises, wars, and high-inflation periods, enhancing returns and providing downside protection.