Mon, Apr 29, 2024 4:58 PM
Step-up SIP: How SIP can double, triple and quadruple your investment
A Flip by Riya Sharma
The U.S. is holding its presidential election this fall. More than half a dozen other countries and bodies are likewise holding – or have held – elections this year. Some candidates and lawmakers have already addressed crypto, whether appealing to the industry or just commenting on the technology. The extent to which there is such a thing as a "crypto voter" remains unclear.
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KR Choksey's research report on Cholamandalam Investment and Finance Company: CIFC reported a robust performance, and it was a beat across all the headline numbers. Net Interest Income (NII) for Q4FY24 stood at INR 23,548 Mn, a growth of 33.4% YoY (+8.5% QoQ), led by strong business momentum. NII was higher than our estimates primarily led by higher AUM growth and slightly lower cost of funds.
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U.S. stock index futures were little changed on Wednesday ahead of the crucial consumer prices data that will test the recent market rally fueled by hopes of monetary policy easing by the Federal Reserve. The tech-heavy Nasdaq notched a fresh record closing high on Tuesday after Fed Chair Jerome Powell's assessment of U.S. growth and inflation reassured investors.
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