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Morgan Stanley MD Ridham Desai (File photo) Morgan Stanley’s MD Ridham Desai, one of India’s most closely watched equity strategists, says his bullish stance on Indian markets is rooted in structural changes that have transformed the economy’s fundamentals over the past decade.Speaking at the Business Standard BFSI Summit, Desai — who has now been bullish…
Every year, lakhs of pensioners across India must prove that they are still alive to continue receiving their pension. This verification, known as the Life Certificate or Digital Life Certificate (DLC), is a crucial step in ensuring that pension payments are made only to eligible recipients.Traditionally, this process involved visiting the bank or pension office…
The United States has entered uncharted territory as the ongoing government shutdown surpassed all previous records, becoming the longest-ever on Wednesday, exceeding the 35-day benchmark set during Donald Trump’s first term. The stalemate—rooted in a bitter dispute over healthcare spending—has left federal agencies shuttered, key welfare programmes suspended, and millions of Americans bracing for deepening…
Small SUVs have emerged as the biggest winners from the Centre’s recent tax cuts, with their share in total passenger vehicle (PV) sales climbing to 30.4 per cent in the first 10 months of 2025. In contrast, hatchbacks saw their share decline to 21.9 per cent over the same period, according to industry wholesale data…
On MCX futures, Gold (CMP Rs 1,20,950), upside could face resistance in the range of Rs. 1,23,000 – 1,24,600. (AI image) Gold price prediction today: Gold prices are expected to continue facig pressure as dollar strengthens, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his views and…
China on Wednesday announced it will extend the suspension of an additional 24 per cent tariff on American goods for another year, while retaining a 10 per cent general tariff.According to a statement on the Ministry of Finance website, as cited by AFP, the State Council approved the measure, saying that “for one year, the…
As nation gears up to celebrate Guru Nanak Jayanti, people are left wondering if the stock markets will operate on Wednesday. So, notably, trading across India’s stock exchanges will remain suspended today, November 5, as both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) observe a holiday for Guru Nanak Jayanti.According to…
On the eve of a closely watched Supreme Court hearing, US President Donald Trump warned that the case could determine the country’s very survival — labeling it as a “life or death” situation for America’s economic and national security.In a post on Truth Social, Trump said the hearing would decide whether the United States remains…
Banks across several states will remain closed on Wednesday, November 5, in observance of Guru Nanak Jayanti and Kartik Purnima. With physical branches shut in multiple regions, customers planning in-person visits or time-sensitive transactions are advised to check local schedules in advance. States observing a bank holiday on November 5 According to the Reserve Bank…
Mumbai: Homegrown private equity (PE) firm ChrysCapital has raised a $2.2 billion fund, the largest ever by a local PE investor to tap into growth opportunities in India even as global fundraising activity has been subdued amid an uncertain macro-environment. The new fund which is more than 60% bigger in size compared to the company’s…
