NBCC Q1 net profit rises 26% to ₹135 crore

NBCC logo. Photo: https://nbccindia.in/index State-owned NBCC (India) Ltd. has reported a 26% increase in its consolidated net profit to ₹135.03 crore for the first quarter of the current fiscal on higher income. Its net profit stood at ₹107.19 crore in the year-ago period. The total income grew to ₹2,465.48 crore during the April-June…

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FPIs withdraw close to ₹18,000 crore from equities in August on trade tension, disappointing earnings

Representational file image. | Photo Credit: M. Srinath Foreign investors have pulled out nearly ₹18,000 crore from Indian equities so far this month, weighed down by escalating U.S.-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached ₹1.13 lakh…

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Gold or silver or both?

Almost everyone has exposure to either physical or financial gold. The same cannot be said of silver. In this article, we discuss when it would be meaningful to have both gold and silver in your portfolio. Core or satellite? Often, gold and silver move in the same direction and by similar magnitude. Recently, silver had…

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