The corporate results of first quarter of FY24 so far (excluding financial services firms) have reflected a substantial surge in profits but a decline in net sales,. Out of the 635 non-financial companies that have reported their results, the combined sales have decreased by 2.82% to reach ₹13.91 lakh crore, according to data from the CMIE. Remarkably, even Reliance Industries, the country’s largest revenue-generating company, faced a 4.69% drop in revenues, totaling ₹2,31,132 crore, alongside a 10.8% decrease in net profit, amounting to ₹16,011 crore.
The Perils of Freebie Culture in Indian Politics: A Threat to India’s Economy
It is a well-known fact that nothing in this world comes for free. However, human psychology often inclines people towards the allure of free gifts, vouchers, and other offerings provided by marketing companies. These companies aim to entice potential customers legally, with full disclosure, and ultimately convert them into clients.
How to Create a Foolproof Will
Many of us tend to get emotional when asked if we had written a Will, reminiscent as it is of death. Consequently, estate planning, particularly creating a will, is often disregarded as an essential task. Moreover, the process of writing a will is commonly perceived as complicated and irrelevant. However, it is important to recognize that making a will is a responsibility you owe to both yourself and your family.
3 Compelling Reasons Investors Should Embrace Emerging Markets
Emerging market stocks have been overlooked by investors for most of 2022 & this year, but it’s time to take notice as this undervalued asset class could make a come back in the second half of 2023.
Emerging markets (EM) have experienced a more turbulent ride than the already volatile U.S. stock and bond markets over the past 2 years. Currently, EM stocks are enduring one of their longest bear markets, with the MSCI Emerging Markets Index down approximately 40% from its peak in February 2021.
Why Are The Words “This Time It’s Different” Called The “Four Most Expensive” In The English Language?
Introduction:
In the tumultuous year of 1939, as Adolf Hitler’s forces stormed into Poland, the world stood on the precipice of a dark and uncertain era. Amidst the chaos, a Tennessee investor named John Templeton saw an opportunity like no other. Renowned as both a respected investor and a distinguished journalist, Templeton’s remarkable story during this period would strongly influence the way we perceive the stock market.