India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Over the years, it has become evident that the most significant challenges in wealth management rarely stem from market complexities or economic uncertainties. Instead, they emerge from the intricate relationship between human emotions and financial decisions. Time and again, we have witnessed how our emotional responses to money can override years of financial education and market experience, leading to decisions that can significantly impact long-term wealth creation. The human mind's relationship with wealth is both fascinating and treacherous. When markets soar, a surge of dopamine-driven optimism can cloud our judgement, leading to excessive risk-taking and overconfidence. During downturns, fear takes control, leading to panic selling that locks in permanent losses. This emotional pendulum swing between greed and fear has destroyed more wealth than most market crashes. Market volatility, especially during global crises, offers profound insights into investor psychology. Research in behavioural finance, particularly studies during the covid-19 pandemic, has demonstrated that emotional stability and conscientiousness are crucial predictors of financial success. Those who maintain composure under pressure typically demonstrate more calculated decision-making, a skill that can be actively developed through systematic practice and self-awareness. Studies show that investors who cultivate emotional intelligence through structured approaches - such as maintaining investment journals, implementing reflection periods, and regularly reviewing their decision patterns - tend to achieve superior results over time. This development of psychological resilience isn't merely innate but can be strengthened through deliberate practice and professional guidance. The relationship between personality development and investment success underscores a fundamental truth: our capacity to build and maintain emotional equilibrium directly shapes our wealth-building journey, particularly during periods of market turbulence. Also Read: Should you invest in low-volatility funds amid high market volatility? Our journey through wealth management is often hindered by psychological barriers that we may not even recognize - cognitive biases that silently shape our financial decisions in ways that can undermine our best interests. Perhaps the most pervasive psychological trap in investing is loss aversion, the central piece to Daniel Kahneman and Amos Tversky's Nobel Prize-winning Prospect Theory. Loss aversion refers to our tendency to feel the pain of losses more intensely than the pleasure of equivalent gains. This asymmetry often leads to holding onto losing investments too long while selling winners too early. Add to this herd mentality, where we find comfort in following the crowd, and you have a recipe for potential financial disaster. The role of emotional intelligence in wealth management cannot be overstated. It's not just about understanding market trends or reading balance sheets; it's about recognising our emotional triggers and managing them effectively. During major market corrections, investors who maintain emotional equilibrium and stick to their investment strategies generally fare better than those who succumb to panic. To combat these psychological challenges, investors need a structured approach that combines emotional awareness with systematic decision-making, where professional wealth advisors serve as critical partners in this process. They are more than just financial experts - they act as emotional anchors during turbulent times. Their value lies not just in their technical expertise, but in their ability to help clients navigate the psychological aspects of wealth management. They help identify and manage emotional triggers that could derail long-term financial success. Wealth advisors enable the client to employ a structured approach that combines emotional awareness with systematic decision-making. This includes regular portfolio reviews based on quantitative analysis rather than gut feelings, clear governance structures that separate emotional and rational aspects of wealth management, and consistent risk assessment protocols. Also Read: Indian stock markets get a band-aid, but chronic pain remains The journey toward financial success requires acknowledging both the quantitative and qualitative aspects of wealth. It's about finding the sweet spot between analytical rigor and emotional wisdom. While data might suggest certain investment strategies, understanding your emotional capacity to handle the associated volatility is equally crucial. Building sustainable wealth is ultimately about achieving peace of mind. This comes from knowing that your investment decisions are guided by a balanced perspective that considers both market dynamics and psychological factors. It's about creating a legacy that transcends mere numbers on a balance sheet. For investors navigating this complex landscape, the key lies in developing emotional resilience. This means learning to recognize and manage emotional triggers, maintaining perspective during market volatility, and understanding that successful investing is a marathon, not a sprint. Therefore, the path to enduring wealth creation is ultimately a delicate balance between mastering market dynamics and understanding our own psychological landscape. As we navigate through market cycles, our greatest challenge isn't predicting market movements but managing our emotional responses to them. Success in wealth management requires more than just financial acumen - it demands emotional intelligence, self-awareness, and the wisdom to recognize when our psychological biases are steering us away from rational decision-making. Rohit Sarin is co-founder of Client Associates and author of Unlocking Wealth: Secrets to Getting Rich at Any Age.
BENGALURU, India, Dec. 4, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Kardex, a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its business operations using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, Infosys will help Kardex unify its ERP system in over 30 countries, boost operation ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
New Delhi, Apr 5 (PTI) The domestic stock market is expected to remain volatile this week as investors track the Reserve Bank's monetary policy decision, key global macroeconomic data and the impact of the West Asia conflict, analysts said. Movements in crude oil prices and foreign fund flows will also influence domestic equities, they added. Vinod Nair, Head of Research, Geojit Investments Ltd, said the RBI's Monetary Policy Committee (MPC) meeting will command centre stage domestically, with investors closely watching the central bank's stance on inflation and growth. "A rate pause is nea ...Read More >
New Delhi, April 6 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Monday said that escalating tensions in West Asia are disrupting global energy flows, putting pressure on oil and gas supplies and triggering sharp price volatility. In his address at the 19th CII Corporate Governance Summit, he cautioned that the ongoing conflict could have far-reaching implications for the global economy. Pandey said the current crisis adds to a series of shocks that businesses and regulators have faced in recent years, including the Covid-19 pandemic and ra ...Read More >
The chip makers around the world felt the relief of a rumor suggesting that the sales curb to China could be less severe than previously expected. But the news didn't necessarily translate in a strong rally. ASML (NASDAQ:ASML) - Europe's biggest chip equipment maker that predicted a 30% fall to its Chinese revenue next year - closed 0.22% lower yesterday, while Tokyo Electron - which was up by more than 6% yesterday - couldn't extend gains at today's session. With US markets paused for the Thanksgiving break, France was at the heart of the attention yesterday. The political drama, there, only ...Read More >
New Delhi, Jun 8 (PTI) Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted. "Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such as CPI inflation will be closely tracked to gauge demand trends and the central bank's next steps. Additionally, the progress of monsoon and sowing patterns will be monitored due ...Read More >
New Delhi, Jul 2 (PTI) Artificial Intelligence (AI) might be becoming more integral in a company's decision-making and strategy development but employers still continue to turn to business school graduates for their versatility and strategic thinking, according to a new survey by Graduate Management Admission Council (GMAC). Employers might be reporting ongoing influence of inflation and recession fears on their hiring decisions but recent business school graduates can remain optimistic about their career prospects, buoyed by the accelerating integration of AI across the landscape, the survey ...Read More >
MUMBAI, July 18(Reuters) - The Indian rupee and local equities have been increasingly moving in sync over the past month as muted portfolio flows alongside lingering uncertainty over U.S. tariffs continue to cloud investor sentiment. The rupee's 30-day correlation with the benchmark Nifty 50 index has tightened to 0.66, the highest level since mid-May, pointing to the currency's increased sensitivity to moves in local stocks. On the day, the Nifty 50 was down about 0.6%, while the rupee dipped to last quote at 86.2025 per U.S. dollar as of 10:50 a.m. IST, down 0.1%. Local equities diverged ...Read More >
New Delhi, Aug 3 (PTI) India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion by 2030 according to industry estimates, an official statement said on Sunday. The Indian semiconductor market was about USD 45-50 billion in 2024-2025 against USD 38 billion in 2023, the statement said, citing industry estimates. "As per industry estimates, the size of the Indian semiconductor market was about USD 38 billion in 2023, USD 45-50 billion in 2024-2025 and is expected to reach USD 100-110 billion by 2030," the statement said. A detailed statement highl ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
India's private companies are financially strong and adaptable. They are ready to drive national growth. Their ability to pay debts has improved, boosting financial stability. This sector navigated crises and emerged stronger. Companies are investing more, contributing to economic momentum. Sales growth shows a transition to stable expansion. Profits have risen significantly, improving profit margins. This enhances debt servicing capacity. India's private sector companies, with stronger financia ...Read More >
Mumbai (Maharashtra) [India], December 5 (ANI): The Indian stock market on Friday ended higher after the Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points to 5.25 per cent, as the MPC's outcome served as the key catalyst for the market's rebound. At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Broader markets were mixed, with the Nifty Midcap100 up 0.5 per cent while the Smallcap100 index slipped 0.6 per cent, indicating selective participatio ...Read More >
New Delhi, Mar 31: Dalal Street investors have lost a whopping Rs 51 lakh crore from their wealth since the West Asia conflict began late last month, with the BSE benchmark Sensex tumbling over 11 per cent during this time, as investors fled riskier assets due to the cascading effect of the war on crude oil prices and markets globally. Markets also faced the blow of foreign fund exodus from domestic equities. Sharp fall in Sensex and market capitalisation Since the West Asia conflict started on February 28, the BSE benchmark has crashed 9,339.64 points or 11.48 per cent. Tracking the sharp ...Read More >
Mumbai: Indian stock markets ended Wednesday's session on a strong note, although they gave up a large part of their early gains as optimism around easing tensions between the US and Iran faded later in the day. The benchmark indices Nifty and Sensex both closed higher, snapping their two-day losing streak. The Nifty settled at 22,679.40, up 348 points or 1.56 per cent, while the Sensex rose 1,186.77 points or 1.65 per cent to end at 73,134.34. Commenting on Nifty technical outlook, experts said that on the downside, a failure to hold above 22,500 may trigger renewed selling pressure, poten ...Read More >
NewsVoir Pune (Maharashtra) [India], December 6: Bajaj Finserv AMC has launched its latest offering, the Bajaj Finserv Healthcare Fund, which is available for subscription from 6th to 20th December 2024. This new fund is designed to capture the immense opportunities emerging in India's healthcare space, allowing investors to tap into the evolving megatrends while building wealth over the long term. The health and wealth connection As India's population grows and ages, the demand for healthcare services, products, and innovation is expected to soar. In fact, the healthcare sector is set to b ...Read More >
New Delhi [India], July 5 (ANI): AIonOS, a global enterprise AI company and a joint venture between InterGlobe and Assago Group, has made a strategic investment in Cloud Analogy. Cloud Analogy is a major Salesforce consulting partner known for its strong expertise in working across multiple cloud platforms and successfully delivering Salesforce solutions to businesses around the world. According to a release, this investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with A ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After hitting a one-month low, Solana (SOL) has bounced from a critical support zone and is attempting to reclaim a crucial psychological barrier before potentially resuming its bullish rally. However, some analysts suggested that the cryptocurrency could retest new lows if the market volatility persists. On Thursday, Solana lost the $200 level as support after closing the day below this level for the first time in nearly a month. The cryptocurrency has been trading inside the ...Read More >
Mumbai: Share of the top 50 stocks in the total market capitalisation has hit an all-time low, according to a report on Thursday. The December edition of the DSP Netra report said, "Large-cap stocks are now at their smallest share of total market capitalisation. The share of the top 50 or top 10 stocks relative to the total market has hit an all-time low, presenting a rare opportunity for investors." "While large caps remain relatively attractive on a comparative basis, the current market environment underscores the need for caution amidst volatility. This backdrop makes a conservative appro ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
New Delhi - Even as employers report ongoing influence of inflation, recession fears, and country leaders on their hiring decisions, recent business school graduates can remain optimistic about their career prospects, buoyed by the accelerating integration of artificial intelligence (AI) across the modern business landscape. According to the latest annual survey of global corporate recruiters released today by the Graduate Management Admission Council (GMAC), problem-solving and strategic thinking remain the top skills employers desire today and tomorrow. In addition, new hires' knowledge of u ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Nestle investors have called for Chairman Paul Bulcke to step down over the departure of a second chief executive in just over a year, the Financial Times reported on Saturday. Shareholders told FT the dismissal of former Chief Executive Laurent Freixe and the way investigations into his conduct were handled had exacerbated their concerns over governance at Nestle and led them to question Bulcke's decision-making. For all the latest headlines, follow our Google News channel online or via the ap ...Read More >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, Curefit Healthcare, Iron Pillar PCC, Crimson Winter, Accel India V, Chiratae Ventures India Fund IV, Global eCommerce Consolidation Fund and Alteria Capital Fund ...Read More >
Gurugram : AIonOS, a global leader in enterprise AI; a joint venture between InterGlobe and Assago Group, today announced a strategic investment in Cloud Analogy, a Salesforce Summit Consulting Partner recognized for its deep multi-cloud expertise and strong track record of Salesforce implementations across global enterprises. This investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with AIonOS's AI-led Customer Experience practice, the combined entity will deliver intellig ...Read More >
New Delhi, July 18 (SocialNews.XYZ) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said that despite global volatility, India accounted for 16 per cent of global growth in crude oil consumption and is projected to contribute 25 per cent of such growth over the next three decades. In his address at the plenary session of the All India Petroleum Dealers Association (AIPDA) conclave, the minister said that the Government has ensured affordable and uninterrupted energy supply to citizens, even during times of global uncertainty. Highlighting India's achievements in the biofuels ...Read More >
The solution directly connects to BFSI clients' application programming interfaces (APIs) and fintech platforms, streamlining the complete customer journey, from initiation to resolution. NEW DELHI: Homegrown telecom and CPaaS player, Tata Communications, said it has launched an agentic artificial intelligence (AI)-driven voice solution for improving customer engagement in the banking, financial services and insurance (BFSI) vertical. Tata Communications said the speech-to-speech solution offer ...Read More >
Mumbai, Dec 12 (VOICE) Share of the top 50 stocks in the total market capitalisation has hit an all-time low, according to a report on Thursday. The December edition of the DSP Netra report said, "Large-cap stocks are now at their smallest share of total market capitalisation. The share of the top 50 or top 10 stocks relative to the total market has hit an all-time low, presenting a rare opportunity for investors." "While large caps remain relatively attractive on a comparative basis, the current market environment underscores the need for caution amidst volatility. This backdrop makes a con ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is trading at a critical level after a quiet weekend, with bulls managing to defend key supports but struggling to generate fresh upside momentum. The market remains tense as investors await the US Federal Reserve's interest rate decision scheduled for this Wednesday. A potential 25-basis-point cut is widely anticipated, which many see as a sign of a gradual pivot rather than an aggressive measure. Such a move could spark optimism across risk assets, including crypto, as ...Read More >