India’s leading domestic toy manufacturer, Funskool India Ltd., unveiled an exclusive array of creative products to celebrate the joyful Indian festival of siblinghood. Rakshabhandan, one of the most awaited festivals …
News Monks
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BusinessNewsVehicles
Honda Cars India registers 6,784 units of domestic sales in July’22
by News Monksby News MonksHonda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered monthly domestic sales of 6,784 units with a growth of 12% in July’22 over last year. The …
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BanksMedicalNews
Clix Capital partners with Bank of Baroda to disburse loans in the healthcare equipment space
by News Monksby News MonksClix Capital (Clix), a leading non-banking financial services entity with a robust pan-India presence, has entered into an exclusive co-lending partnership, dedicated to healthcare financing, with Bank of Baroda (Bank), …
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Union Bank of India today, launched an Industry-first, dedicated, men-focused Committee ‘EmpowerHim’ as part of its flagship HR initiative ‘Prerna’. The program aims to promote the employees’ career trajectory and …
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EducationInfrastructureNews
Anant National University strengthens its infrastructure with the launch of three new labs: Product Design, Photography and Moving Image
by News Monksby News MonksAnant National University inaugurated its three new labs, one each for Product Design, Photography and Moving Image. The labs are equipped with world-class machines, equipment and tools that will offer …
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Art and CultureEntertainmentNews
IPRS offers a unique tribute to Friendship on World Friendship Day
by News Monksby News MonksThe Indian Performing Right Society Limited (IPRS) has always been appreciated for its core values, amongst which a sense of camaraderie and compassion rank ahead of much else. Being a …
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BanksInsuranceNews
InsuranceDekho Launches ‘Pet Insurance’ On its Platform
by News Monksby News MonksIndia’s leading Insurtech startup, InsuranceDekho, has recently introduced pet insurance to its product portfolio. InsuranceDekho has partnered with Future Generali India Insurance Company to offer this unique Dog Health Cover …
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Health & FitnessMedicalNews
Ahmedabad Lady Lends A Hand To A Man From Kancheepuram at Gleneagles Global Health City
by News Monksby News MonksDoctors at Gleneagles Global Health City, a leading tertiary care hospital in Chennai, successfully performed a life-changing bilateral hand transplant (below elbow) for a man hailing from Kancheepuram for whom …
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BusinessFinanceNews
DSP Investment Managers announced the launch of DSP Silver ETF which will invest in physical silver and silver related instruments. This new ETF offers investors an easier way to buy or sell silver compared to the physical version with the freedom to trade easily. Demand for silver is higher than supply and mainly driven by industrial, investment and jewellery. Supply (997 million ounces) of silver depends on limited mine production capacities but demand (1049 million ounces) may potentially increase further due to its application in new age tech, among many other use cases like photovoltaic cells (solar) and as the main electrical connector material in battery packs and control modules of Electric Vehicles. However, investors should expect fluctuations in short-term returns, especially during times of market volatility. An investment in DSP Silver ETF is suitable for investors looking to diversify, or for experienced investors or those with access to expert financial advice,” says Anil Ghelani, CFA, Head – Passive Investments & Products, DSP Investment Managers. “Investing in silver via an ETF is a modern and smart way for investors to gain exposure to this precious metal in an easy, digital form. Increasing demand for silver in industries, newer technologies and a shift to renewable sources of energy and the safe-haven demand can also act as favourable tailwinds for the metal. Silver offers other advantages to investors as well. It aims to hedge against a standard ‘equity-debt portfolio’ due to its low correlation with equity and negative correlation with debt. This may make it a favourable diversifier, especially in troubled times. Silver can also potentially act as leverage against the depreciating rupee. Silver in INR terms has outperformed Silver in USD due to currency depreciation. This is because silver prices in India are derived from international silver prices but are then converted after adding currency effects and other costs of landing. Further, compared to buying expensive jewellery, silver in an ETF format gives you the flexibility to buy even with small amounts of money and that too at a relatively lower cost than most equity-oriented actively managed mutual funds. However, investing in silver is a high-risk strategy and is more suited for experienced investors who understand precious metals or commodities cycles. Investors must be prepared to face short term fluctuations and stay resilient through such times. The New Fund Offer for the Silver ETF opens for subscription on August 1st, 2022 and closes on August 12th, 2022.
by News Monksby News MonksDSP Investment Managers announced the launch of DSP Silver ETF which will invest in physical silver and silver related instruments. This new ETF offers investors an easier way to buy …
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EntertainmentNews
Amruta Khanvilkar to participate in COLORS Jhalak Dikhhla Jaa
by News Monksby News MonksIt’s time for the celebrities to put on their dancing shoes again as COLORS returns with its flagship celebrity dance reality show ‘Jhalak Dikhhla Jaa’. The franchise enjoyed immense success …