Monday, August 24
Amaravati: The Andhra Pradesh government has issued a conditional "No Objection Certificate" to Vedanta Limited (Cairn Oil & Gas Division) for drilling 20 onshore wells in Krishna district.According to a recent Government Order, Vedanta Limited (Cairn Oil & Gas Division) has submitted a representation, stating that their firm was awarded the work of development of the Onshore Oil and Gas Field under the Discovered Small Field (DSF) Policy, 2018.Further, they requested to grant a No Objection Certificate (NOC) for drilling wells at 35 locations in the block located in various village limits for Onshore Oil and Gas Development and Production, from the Water Resources Department of Andhra Pradesh, as the Bandar Canal passes through the centre of the proposed block.Also Read: Vedanta G
As preparations for the Union Budget 2026–27 gather pace, the groundwork underway signals a clear policy intent to accelerate domestic demand, revive private investment and generate employment, according to a budget note by Motilal Oswal Financial Services (MOFSL). The brokerage has identified five stocks across auto, agriculture, defence, financials and infrastructure themes, which it believes could deliver strong gains for investors."The Budget is expected to focus on income-tax, GST, and customs simplification to enhance ease of doing business and support fiscal consolidation, alongside targeted support for agriculture, MSMEs, manufacturing, infrastructure, higher defence capex, EVs, and renewables through credit and incentives," the note authored by Research Analysts Sneha Poddar and
Gold will replace the US dollar as a central bank reserve asset, ending its hegemony and leading to a crash in the greenback against fiat currencies, Euro Pacific Asset Management’s Chief Economist and Global Strategist Peter Schiff has warned, urging investors to prepare for a “historic collapse”.“King dollar’s reign is coming to an end. Gold will take the throne as the primary central bank reserve asset. That means the US dollar will crash against other fiat currencies, and America’s free ride on the global gravy train will end. Prepare for a historic economic collapse,” Schiff said in a tweet.Schiff is also the Chairman of SchiffGold.com, a full-service physical precious metals dealer.Schiff, a strong proponent of the yellow metal, also said that investors who avoided buyi
Indian investors are increasingly entering a more sophisticated phase of portfolio construction, with diversification across asset classes, themes, and geographies becoming foundational, according to Vasanth Kamath, Founder & CEO of Smallcase.“This shift is also driving greater adoption of managed solutions across PMS, AIFs and model portfolios as investors look for discipline and clearer portfolio frameworks,” Kamath noted, highlighting the evolving mindset of investors seeking structured approaches.The investment universe itself is expanding, offering more opportunities in listed stocks through new IPOs, as well as innovative products like SIFs and global investing. “As this depth and choice grows, so does complexity, increasing the importance of research analysts, advisors and
