Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia summit on Ukraine. On Thursday Wall Street finished little changed as strong wholesale inflation data tempered optimism about the US Federal Reserve cutting interest rates. A quarter-point cut is still expected but a larger […]
The Tricolor Portfolio: Equity for growth, debt for stability, hybrid for balance
An impressive milestone that speaks volumes about investor intent was reached in June 2025 when the number of mutual fund folios in India surpassed 24 crores with Monthly Average Assets Under Management (AAUM) reaching close to 75 lakh crores. A growing number of people are selecting mutual funds in order to increase their wealth with […]
Australian shares cross 8,900 level for first time, banks do the heavy lifting
Australian shares crossed the key 8,900 level for the first time on Friday, buoyed by gains in major banks as investors piled into financials despite stretched valuations on hopes that rate cuts would spur credit and economic growth. The S&P/ASX 200 index was up 0.2% at 8,894.60, as of 0103 GMT, after briefly crossing the […]
Freedom from Volatility: Why patience could be investors greatest edge
Market volatility can be unnerving and it’s easy to be swayed by short-term noise. An unexpected dip in portfolio value can create stress. Therefore in the midst of turbulence, one timeless truth remains: staying patient and focused on the long term is one of the most powerful strategies for building wealth. Embracing a long-term investment […]
Independence Day Special: 10 Smallcap stocks that doubled investors’ wealth in a year – Smallcap Surge
As India marks its 79th Independence Day on August 15, 2025, smallcap stocks tell a striking story. Over the past year, 21 smallcaps more than doubled investor wealth, delivering returns above 100% despite market volatility.All 21 stocks have FII backing, highlighting growing overseas interest, while strong retail participation signals domestic confidence. Notable performers include CarTrade […]
Dow briefly hits record high on UnitedHealth’s gains; data in focus
The blue-chip Dow briefly hit a record high on Friday, as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake in the health insurer, while investors assessed mixed data to gauge the Federal Reserve’s monetary policy path this year. UnitedHealth Group gained 11.6% to hit a more than two-month high after Warren Buffett’s company revealed […]
UnitedHealth jumps 9% after vote of confidence from Warren Buffett
Shares of UnitedHealth Group surged more than 9% on Friday after a fresh investment from billionaire Warren Buffett’s Berkshire Hathaway boosted investor confidence in the troubled health conglomerate. The company is dealing with multiple challenges that have emerged in the last two years, including rising costs, a federal investigation into its government-backed health plans, a […]
European shares hit near five-month high on upbeat earnings season
European shares hit a near five-month high on Friday, as investors looked past a U.S. inflation spike and drew support from a largely positive earnings season. The pan-European STOXX 600 index rose 0.2%, as of 0717 GMT, driven by miners and chemical stocks. U.S. President Donald Trump and his Russian counterpart Vladimir Putin will meet […]
US tariff hit may cost India $35 billion. Here’s a 10-point plan to turn the tables
“India has never been in distress because its fundamentals are sound,” declared a global credit rating agency while upgrading India’s sovereign credit rating to BBB. This places India among the higher-rated emerging economies- a very welcome development at a time when the United States has taken the unprecedented step of sharply increasing tariffs on Indian […]
Warren Buffett’s Berkshire takes $1.6 billion UnitedHealth stake, trims Apple, exits T-Mobile in Q2
Warren Buffett’s Berkshire Hathaway disclosed a surprise $1.6 billion bet on troubled health insurer UnitedHealth Group in the second quarter, while paring back its Apple and Bank of America holdings and fully exiting its T-Mobile US position, a regulatory filing showed Thursday. The Omaha-based conglomerate bought more than 5 million UnitedHealth shares during the quarter, […]