Latest news with #ValueandValuationMasterclass
Time of India
2 days ago
- Business
- Time of India
Gold gains on weak dollar, investors ramp up Fed rate cut bets
Gold rose on Wednesday, lifted by a weaker dollar and falling Treasury yields , as mild U.S. inflation data cemented expectations for a Federal Reserve rate cut in September and nudged up bets on additional easing later this year. Spot gold gained 0.3% to $3,355.58 per ounce by 4:58 p.m. ET (2058 GMT). U.S. gold futures for December delivery settled 0.3% higher at $3,408.3. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This new air conditioner cools down a room in just seconds News of the Discovery The dollar index hit a more than two-week low, making bullion cheaper for overseas buyers, while the yield on the benchmark 10-year Treasury note edged lower. "Gold is buoyant on heightened expectations of a September Fed rate cut, following benign CPI data and July's weak non-farm payrolls," said Nikos Tzabouras, senior market analyst at Markets are pricing in a 97% chance of a September Fed cut after mild July inflation data signalled limited pass-through from U.S. President Donald Trump's sweeping import tariffs, following weak jobs data earlier this month, reinforcing bets on at least one more cut. Live Events Investors now await further U.S. indicators this week, including the producer price index, weekly jobless claims, and retail sales. On the geopolitical front, European and Ukrainian leaders were set to speak with Trump ahead of his meeting with Russian President Vladimir Putin, while Washington and Beijing extended their tariff truce by 90 days. "If gold were to take out recent resistance around $3,400, it would likely be driven more by geopolitical developments than by economic data," Fawad Razaqzada, market analyst at City Index and said. "While I maintain a bullish long-term outlook on gold, my view for the rest of this year is more cautious. Prices may continue to consolidate or see a mini correction in the coming months as equity markets rally aggressively." Gold, a traditional refuge in times of economic or geopolitical strain, tends to benefit from low interest rates. Spot silver rose 1.6% to $38.50 per ounce, platinum gained 0.3% at $1,339.75 and palladium added 0.5% to $1,135.23.
Time of India
2 days ago
- Sport
- Time of India
PSG clinch UEFA Super Cup after thrilling penalty shootout win over Tottenham
European champions Paris Saint-Germain ( PSG ) started off their new season on a winning note by clinching more silverware on Wednesday as they edged Tottenham Hotspur 4-3 on penalties in the UEFA Super Cup after staging a late comeback to level the match 2-2 in Udine, Italy. Tottenham looked set to claim the UEFA Super Cup in their first competitive match under new coach Thomas Frank , leading 2-0 shortly after half-time at the Stadio Friuli in Udine. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program — ChampionsLeague (@ChampionsLeague) by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Undo Micky van de Ven opened the scoring in the 39th minute, and Cristian Romero doubled the advantage three minutes into the second half, giving Spurs a comfortable lead over last season's Europa League winners. However, PSG staged a dramatic comeback late in the game, thanks to two substitutes. Lee Kang-in pulled a goal back in the 85th minute, before Goncalo Ramos headed in the equaliser in the fourth minute of injury time, forcing a penalty shoot-out. Live Events The shoot-out began poorly for PSG as Vitinha missed their first attempt, but goalkeeper Lucas Chevalier made a key save from Van de Ven. After Mathys Tel also missed for PSG, Nuno Mendes stepped up to score the decisive penalty, giving PSG victory. — ChampionsLeague (@ChampionsLeague) Spurs scorers Dominic Solanke, Rodrigo Bentancur, and Pedro Porro were ultimately in vain, while Ramos, Ousmane Dembele, and Lee converted for PSG. This marked the first time PSG - or any French club - has lifted the UEFA Super Cup, bringing their 2025 trophy tally to five. PSG captain Marquinhos praised the team's mental resilience and tactical discipline, highlighting their ability to capitalise on Spurs' defensive approach after going 2-0 up. — ChampionsLeague (@ChampionsLeague) Frank, while disappointed, expressed pride in his team's performance, noting the positives from their debut match despite the late collapse. New signings Mohammed Kudus and Joao Palhinha started for Spurs, while Chevalier debuted for PSG, stepping up with crucial saves despite conceding two early goals. PSG will open their Ligue 1 campaign against Nantes, while Spurs begin the Premier League season hosting Burnley.
Time of India
3 days ago
- Business
- Time of India
Kansas University receives $300 million record-breaking surprise from David Booth, among largest gifts in college sports
The University of Kansas announced Wednesday it received one of the largest single gifts in the history of college athletics. Kansas has received a $300 million gift from donor David Booth, the largest in school history and believed to be among the richest in the history of college sports, according to news agency Associated Press. The 300 million gift from David Booth comes just days before the Kansas Jayhawks football season's kickoff against Fresno State on August 23. David Booth, a graduate of both Lawrence High School and KU, is an investing legend and founder of Dimensional Fund Advisors — a global investment firm that manages $853 billion in assets as of June 30, 2025. He already has his name on the football stadium. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program David Booth's $300m gift to Kanas Of that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. Of that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. Kansas athletic director Travis Goff said the remainder of the gift was expected to generate a stream of income for the athletic department that could last for generations. 'There is no more generous and impactful Jayhawk, and we are so fortunate to call him a friend and mentor,' Goff said.
Time of India
3 days ago
- Business
- Time of India
Rashtrapati Bhavan Amrit Udyan 2025: From babbling brooks to floral clocks, here's what you can explore, booking details inside
The famous Amrit Udyan at Rashtrapati Bhavan will be open to the public from 16 August to 14 September 2025, officials announced on Wednesday. This year, the highlight will be the Babbling Brook , a peaceful garden feature where flowing water, greenery, and colourful flowers create a calm and relaxing atmosphere. The Deputy Press Secretary to the President Navika Gupta said the Babbling Brook replaces the earlier musical fountain. 'Lush greenery surrounds the brook, with flowers adding bright colours. It winds gently through stones and plants, offering visitors a moment of quiet reflection,' she said during a media preview. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Amrit Udyan is now more friendly for people with disabilities. Ramps, Braille information boards, and special plant displays for sensory experiences have been added for visually challenged visitors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo What's New This Year Apart from the Babbling Brook, the landscaped area now includes: A water stream with small cascades and sculptural spouts Stepping stones and a raised reflecting pool A tranquil banyan grove with reflexology paths and panchtatva trails A plumeria garden with grass mounds and curated plants The trail also covers the Bal Vatika, Herbal Garden, Bonsai Garden, Central Lawn, Long Garden, and Circular Garden. Visitors can scan QR codes along the route to learn about the plants and designs. A food court will be available near the exit. Live Events Visitor Information Entry is free – book online at Walk-in registration is possible at kiosks outside Gate No. 35 Open daily from 10 am to 6 pm (last entry 5:15 pm), closed on Mondays Entry from Gate No. 35, near North Avenue Road Rashtrapati Bhavan Museum tickets are separate; school groups get free museum entry during the season A Garden with a Rich Heritage The President's Estate spans 154 hectares, with 139 hectares covered in trees, lawns, and open spaces. Amrit Udyan covers 15 acres and is often called the 'soul' of Rashtrapati Bhavan. Its beauty lies in its mix of fountains, water channels, ponds, seasonal flowers, and native plants. This summer, visitors can see more than 42 types of flowers, including Periwinkle, Celosia, Indian shot, Kochia, Tuberose, and Portulaca. A new floral clock has also been installed, featuring a real working clock surrounded by flower beds and colourful pebbles. Special Days 29 August – Entry for athletes and sportspersons ( National Sports Day ) 5 September – Entry for teachers ( Teachers' Day ) President Droupadi Murmu will officially inaugurate the summer opening on Thursday, continuing her vision of making Rashtrapati Bhavan more open and citizen-friendly. Inputs from PTI
Time of India
3 days ago
- Automotive
- Time of India
Mahindra Finance to focus on quality of assets rather than volume
NBFC arm of Mahindra & Mahindra would continue focus on asset quality while expanding business, a top official of the group said. "We are very bullish about this segment... we plan to expand (business of Mahindra Finance ). We have taken time to get to a much better asset quality, get to a much stronger set of controls, and we want to be one of the leaders across the banking system," Mahindra & Mahindra Group CEO and MD Anish Shah told PTI in an interaction. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Mahindra Finance would continue its forward march and do more in terms of diversification, he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo "We started with quality. We have got to that place, but it will always be the quality of assets ahead of everything else (for business growth)," he said. Talking about restructuring undertaken by the NBFC, Shah said there has been a lot of effort over the last three years. "We are in the final stages of doing that. As that happens, that's going to strengthen our business even further. Live Events "What has also impacted the business is the fact that you had volatility in gross NPAs, and as we look back over time, some of it is driven by counting on changes, and potentially changes in how gross NPAs are calculated as well." The team has done a phenomenal job in changing the risk profile of the business and greatly leveraged technology and data analytics in a big way, he said. Therefore, Mahindra Finance is still a leading player in rural and semi-urban areas despite all the competition that's coming there from everyone, including banks, he said. Most of the big corporates are already into the NBFC space and the newest one is Jio Financial Services Ltd promoted by Reliance Group. For the June quarter, Mahindra Finance reported a 6 per cent increase in consolidated net profit to Rs 529 crore as compared to Rs 513 crore a year ago. Its total income climbed 18 per cent to Rs 4,438 crore during the quarter, and the core net interest income increased a similar quantum to Rs 2,285 crore. The net interest margin widened to 6.7 per cent from 6.6 per cent a year ago. Established on September 4, 1998, Mahindra Finance holds a leadership position in Mahindra Tractors and Auto Financing in India, as well as among non-banking financiers for Maruti and Hyundai cars. With a loan book size of Rs 82,770 crore and over 9 million cumulative customer contracts as of FY23, its operations are spread across 34 states/union territories through 1,386 branches/offices, as per the company's website.
