Smart ways to make money from sector rotation

Sector rotation refers to selling shares or funds that are invested in one sector and use the money to re-invest into another sector. This strategy helps investors to capitalise on a change in economic conditions and the anticipated performance of those sectors in specific stages of the economic cycle will lead to higher returns. This […]

3 mins read

Mitsubishi Electric’s Rs 220 crore plant for factory automation systems opens in Pune

Mitsubishi Electric India has opened its new manufacturing facility for advanced factory automation systems in Talegaon Industrial area, Maharashtra, India. The facility is spread across 40,000 sqmt with an initial built-up of 15,400 sqmt, backed by a greenfield investment of Rs 220 crore. This investment Mitsubishi Electric says reinforces its commitment to strengthen its business […]

2 mins read

Iran’s role in the Hamas-Israel conflict

By Jajati K. Pattnaik & Chandan K. Panda The Hamas-Israel conflict does not seem to end any time sooner, knowing its nature, objective, and causality. The October 7 invasion of Israel by Hamas was unacceptable by any stretch of the imagination and, therefore, invited a retaliatory offensive from the former. The gravity of the attack, […]

6 mins read

Retail inflation now stable, temporary increases due to demand-supply mismatches: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday said retail inflation is now “stable” and temporary increases in inflation on a few occasions are caused by demand-supply mismatches arising out of global shocks and adverse weather conditions.In a written reply to the Lok Sabha, Sitharaman said India’s retail inflation has declined from an average of 7.1 per […]

1 min read

Jharkhand CM Hemant Soren summoned by ED for 6th time in money-laundering case, asked to appear on Tuesday 

The Enforcement Directorate has issued fresh summons to Jharkhand Chief Minister Hemant Soren, asking him to appear before the agency for questioning on Tuesday. The agency has alleged a big racket involving illegal changes of land ownership being operated by the mafia in Jharkhand. The summons to the Chief Minister is in connection with an […]

2 mins read

Jubilant Industries MD Manu Ahuja passes away

Jubilant Industries’ MD and CEO Manu Ahuja passed away on Saturday, the company said. In a regulatory filing on Sunday, Jubilant Industries Ltd said, “We regret to inform you of the sudden and sad demise of Manu Ahuja, Managing Director & CEO of the company, on Saturday, December 9, 2023.” Ahuja’s sudden and unexpected passing […]

1 min read