Talk of stock market seasonality tends to pick up towards the end of the year, and for good reason. Since 1950, November has been the strongest month of the year for stock market performance. With November’s arrival, there’s a lot of talk on Wall Street about stock market seasonality towards the end of the year…
Bank of Maharashtra, a state-owned bank, has emerged as the top public sector lender in terms of loan and deposit growth during the second quarter of the fiscal year. The bank, based in Pune, witnessed a significant increase of over 20% in both deposits and advances during the July-September period, outperforming other public sector banks….
CNBC Investing Club Mailbag: Understanding the Full Position of Stocks in the Portfolio In our latest edition of the CNBC Investing Club Mailbag, we tackle an important question from Scott L. He wants to know about the full position of the stocks in our portfolio and how to establish that level for himself. The answer…
In a recent podcast interview with Acquired, Charlie Munger, the business partner of Warren Buffett and Vice-Chairman of Berkshire Hathaway, expressed his harsh criticism towards day traders and venture capitalists. Munger emphasized that investing in today’s market is more challenging than ever before and warned that truly great investment opportunities are extremely rare. During the…
Late-stage startups are facing a grim reality when it comes to VC funding. Capital is scarce, and it’s becoming increasingly difficult for startups to secure deals. This year has been particularly brutal for startups and their founders in their quest to raise venture capital funding. The situation has only worsened as landing a deal now…
Indian captain Rohit Sharma has equaled South Africa’s AB de Villiers’ record for hitting the most ODI sixes in a calendar year during the ICC Men’s ODI World Cup 2023 match against South Africa at the iconic Eden Gardens. This achievement places Rohit above West Indies legend Chris Gayle, who now holds the second position…
Elon Musk, the CEO of Tesla Inc., expressed his belief that artificial intelligence (AI) has the potential to render jobs obsolete. Musk, who also holds executive positions at SpaceX, X, and the newly formed AI startup xAI, stated that AI could become the “most disruptive force in history” during an event at Lancaster House in…
Indian cricketer Virat Kohli achieved a major milestone on his 35th birthday by hitting his 49th One Day International (ODI) century against South Africa in the ongoing ICC World Cup 2023. This century helped him equal the record for the most ODI centuries held by the legendary Sachin Tendulkar. The century came on a challenging…
Freshwater, a vital resource that we often take for granted, has a rich history of development spanning thousands of years. However, the availability of water remains a contentious issue, causing civil unrest and political instability. As climate change and human actions continue to reshape our planet, the question arises: What will happen to water as…
Reliance Industries Ltd, in partnership with BP Plc, has decided to adopt oil indexation for pricing the gas produced from India’s largest private-sector operated field in the KG basin. This move is aimed at capitalizing on the positive trend in the oil market. The companies have issued a tender, seeking bids from buyers for 4…
