Sunday, October 04
Salvage teams recovered the black box of the ill-fated AI 171 flight on Friday, along with 29 more bodies from the wreckage of the Boeing 787-8 Dreamliner, taking the death toll to 270 in one of the deadliest single-aircraft disaster in Indian aviation history. The bodies have been brought to the Civil Hospital in Ahmedabad. The rising casualty count—beyond the 241 passengers and crew confirmed dead on board—suggests that the remaining victims were likely individuals present on the campus of Ahmedabad’s BJ Medical College at the time of the crash. They are believed to include doctors, students, hospital staff, and local residents from the Meghaninagar area.The authorities had earlier pegged the death toll at 265."Around 270 bodies have been brought to the civil hospital so far from t
The Nifty50 wrapped up the week ended June 13, 2025, with a loss of over 1%, weighed down by rising geopolitical concerns that soured market sentiment on Dalal Street. The index failed to sustain above the 25,000 mark, ending the week on a bearish note.In our previous note, we had identified June 10–11 as crucial breakout dates — and the market responded with remarkable precision. Nifty formed a top on June 11, and once the day’s low was breached, the index tumbled more than 500 points across Thursday and Friday, delivering on both the price and time dimensions of our forecast.We also marked June 16 (+/- one day) as an important time-based cycle date. In alignment with this projection, June 13 — just one session prior — witnessed a sharp 300-point gap-down, once again validating
Everyone dreams of high investment returns – doubling money overnight, finding the next big stock or riding a crypto wave to riches. But what if the real secret to wealth creation isn’t primarily about chasing returns at all?The quiet, unglamourous act of saving more each month is far more powerful in accumulating wealth.There is of course a trade-off in spending for enjoyment in the near term but the point is more about striking a balance that can give you an advantage in building a larger corpus.Meet Rahul and Anjali. Rahul is obsessed with high returns – spends hours trying to beat the market. Anjali, on the other hand, keeps it simple. She is simply more mindful of opportunities that can help her save more. Over a ten as well as twenty year period, despite Rahul earning better re
Geopolitical tensions have increasingly influenced financial markets in recent years. From the prolonged conflict between Russia and Ukraine to the evolving trade dynamics between the United States and China, global developments have become a key concern for investors. Even domestically, events such as India’s Operation Sindoor and trade-related tensions with neighbouring countries have remained in focus.These events prompt important questions: How will markets react? What are the potential implications for portfolios? And most importantly, how can investors navigate such uncertain environments?Why Geopolitics Matters to InvestorsIn the current global landscape, geopolitical events are no longer peripheral — they directly influence market sentiment and economic fundamentals. Conflicts,
Budget carrier Spicejet on Saturday reported that its March quarter standalone profit after tax surged 173% year-on-year (YoY) to Rs 324.87 crore. For the Gurugram-based airline, this is the highest ever quarterly profit and second consecutive profitable quarter.However, the revenue from operations for the reporting quarter declined 16% YoY to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet said.For the entire FY25, SpiceJet posted full‐year net profit of Rs 48 crore, the first in seven years, underscoring the success of its financial and operational turnaround strategy. In FY24, the airline had reported a loss of Rs 404 crore.Stating that the growth is led by improved yields, sustaining high load factors, and cost optimization, SpiceJet said the passenger load factor stood
