Wednesday, 18 May, 2022
TopicFinancial stocks

Topic: Financial stocks

Netflix stares at worst Q1 in 8 years after pandemic boom shudders to near-halt

The streaming service added far fewer new customers than Wall Street expected in the first three months of 2021, even missing its own forecast by millions of subscribers.

If Covid-19 hadn’t caused the stock market crash, something else would have

Shortfalls in revenue & cash flows, caused by shutdowns, have simply exposed vulnerabilities of a structurally unsound economic & financial system.

Time to take money out of stocks, SBI Life says

Valuations are looking stretched, there’s no immediate indicator of a return to sound earnings growth and it will take some time, SBI Life says.

Foreign investors are rushing back to India as stocks rocket on Modi’s return

The $5.4 billion iShares MSCI India exchange-traded fund lured more than $182 million last week, the most in more than four years.

Ex-trader Nithin Kamath’s online brokerage firm will help millennials trade stocks for free

Nithin Kamath was frustrated with the outdated securities industry and started Zerodha which became a hit amongst millennials.

Shunning chase for returns helps India fund beat rivals, survive volatility

The Axis Bluechip Fund is up 25% over the past year to become India’s top performing large-cap fund.

On Camera

YourTurn

Chinese President Xi Jinping | Representational image| kremlin.ru

Chinese economy is feeling the heat. Blame Xi’s political Lysenkoism, vaccination policy

Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
Congress supporters staged a protest against inflation in Ranchi on 10 May | ANI

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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