To commemorate the 75th Anniversary of Indian Independence, GO FIRST (formerly known as GoAir) today launched a limited period Independence Day sale with astounding fares starting at INR 1,508/- (inclusive …
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SIDBI and ONDC ink MoU to accelerate E-Commerce for Small Industries
by News Monksby News MonksONDC, a first-of-its-kind initiative to democratise the country’s e-commerce ecosystem has signed a Memorandum of Understanding (MoU) with SIDBI, the principal financial institution set up under an Act of Parliament …
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How Do You Turn Data into Profits – PreludeSys- Authored article
by News Monksby News MonksThe need for monetization lies at the core of every business strategy. A contemporary business is driven to create value from its data and to focus its efforts accordingly. It …
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Shri Rajeev Chandrasekhar holds meeting with Gujarat MPs &Ministers
by News Monksby News MonksMinister of State for Skill Development and Entrepreneurship (MSDE) Shri Rajeev Chandrasekhar held discussions with Members of Parliament and Ministers from Gujarat on creating targeted skilling opportunities for the tribal …
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CAPCO WHITE PAPER :: Managing Data in a regulated world- How financial institutions can navigate data risks while ensuring compliance
by News Monksby News MonksFinancial institutions are a major target of data breaches and deliberate attacks by cybercriminals. These data breaches can infringe upon the privacy of all stakeholders, often from unauthorized access to …
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Great Lakes Institute of Management, Chennai hosted its first Corporate Day event for the academic year 2022-23 at its Chennai campus on 28th July 2022. Corporate Day, a unique …
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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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BusinessNews
Goa Institute of Management rolls out GOAL PGDM for Working Executives
by News Monksby News MonksTo meet the varying needs of ambitious working professionals, the Goa Institute of Management (GIM) has launched a two-year ‘GIM Online Active Learning’ or ‘GOAL’ programme, an AICTE-approved Executive Post …
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PRESTIGE ESTATES PROJECTS LIMITED | OPERATIONAL UPDATE- FY2022-23 : Q1
by News Monksby News MonksIndia’s leading real estate developer, Prestige Estates, has announced its update on operational performance for the quarter ending 30th June, 2022. During Q1 FY23, the Group has registered sales of …
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The Board of Directors of AU Small Finance Bank Limited at its meeting held today, approved the financial results for the quarter ended June 30, 2022. Executive …