BUSINESS
‘Triple danger’ looming over Indian markets in the near-term
These are significant macro risks which the market cannot ignore for long. FIIs refraining from big selling is because of the FOMO (fear of missing out) factor, he said. Investors should exercise caution, particularly in the over-heated mid-and small-cap segments. Safety is in large-caps, he added.
Residential real estate: 'Silicon Valley' Bengaluru emerges as major investment destination for NRIs
Real estate industry pundits are claiming that 2023 is going to be a remarkable year in connection with NRI investments as the slew of infrastructure projects, new IT corridors emerging in the city and conducive atmosphere in terms of peace, law and order situation in Bengaluru, and cosmopolitan outlook are also contributing to the trend.
Room for a correction in mid-cap area: Christopher Wood of Jefferies
Still if the major Indian stock market indices are trading at all-time highs, the real action this year has been in the mid-cap stocks where gains have been much greater but where valuations are also much more extended.
Billionaire investor Mark Cuban loses $870K in crypto scam
On-chain sleuth Wazz first noticed the unusual transactions in the MetaMask cryptocurrency wallet labelled 'Mark Cuban 2' on EtherScan. The wallet had been inactive for more than five months, reports CryptoSlate.
Expect some correction post Mount 20K
The benchmark indices gained on all five days of the week while midcap and Smallcap indices gained on four days and lost on one session. However, the fall on Tuesday was severe to see the BSEMIDCAP and BSESMALLCAP end in the negative for the week. The loss on Tuesday in BSEMIDCAP was 1,000 points while it was 1,600 points on BSESMALLCAP.
Musk was 'lonely and sad' as he struggled to make friends: New book
He also struggled to understand social cues and had to rely on books to learn about them, reports Insider.
As nations grapple with BRI fallout, Italy’s withdrawal deals another blow
David Sacks is a fellow for Asia studies at the Council on Foreign Relations (CFR).
China-Pak Economic Corridor the cause of India's opposition to BRI
Though it managed to garner a lot of support from many central Asian and even European nations (like Italy), who saw a potential of boosting their trade in Asia through it, India has been a long standing opponent of the project.
India-Middle East-Europe Corridor most ambitious of Biden's PGII push
IMEC is a port-and-rail economic corridor connecting India, the Middle East and Europe. Thus the name, India-Middle East-Europe Economic Corridor (IMEC). Along the route, the plan is to run a cable for electricity and digital connectivity
Countering China: How the India-Middle East-Europe Corridor will work
In a significant development which could have far reaching geopolitical ramifications, the India–Middle East–Europe Economic Corridor (IMEC) was announced at the recently concluded G20 Summit in New Delhi.
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