As stock markets hit new records, hedge-fund managers aren’t buying frenzy

One month’s $4 trillion boom lifting equity has been a YOLO feast, complete with mem stocks and rising options. For a slightly more stable group, hedge-fund managers, the frenzy has begun to sow doubts. The result is a market of contrasts, in which a nearly uninterrupted march in the major indices has pushed volume in … Read more

In Jammu and Kashmir, the search operation for the terrorists extended till the Khabla forest area, the road was closed for some time.

Officials said the main road connecting Jammu and Kashmir’s Rajouri with Thanamandi was temporarily closed for traffic on Saturday as security forces extended the search of a group of terrorists in the area to Khabla forest. Was. Anti-militancy operations in Surankot and Mendhar forests of Poonch district and Thanamandi in Rajouri district entered the 27th … Read more

IndusInd Bank says whistleblower’s claim baseless; 84,000 loans disbursed without customer consent in May

Terming the whistleblower’s allegations on Evergreen Loans as “extremely false and baseless”, it on Saturday admitted that 84,000 loans were disbursed in May due to a “technical glitch” without the consent of customers. The private sector lender said in a clarification, lending without consent was reported by field staff in two days, and the glitch … Read more

US Democrats pass $1 trillion infrastructure bill, ending day-long standoff

After a day of impasse, Democrats shrugged off the divide between progressives and centrists in passing a $1 trillion package of highway, broadband and other infrastructure improvements, asking President Joe Biden to sign it into law. sent. The 228 to 206 vote late Friday is a major victory for Biden’s Democrats, who have disputed for … Read more

Some mega trends from the past that will shape the future

Spoiler alert: This is not the sectoral analysis that many readers might intuitively expect from an investment advisor. For market participants, the reasons for expressing these views may be obvious by the end of the piece. There have been some tectonic changes in global politics and economy over the past 40 years. Every major change, … Read more

Australia achieves ‘great milestone’ with 80% vaccination rate

Australia on Saturday reached a full immunization rate of 80% of people aged 16 and older, what Prime Minister Scott Morrison called a “great mile” on its way to becoming one of the most vaccinated countries in the world against COVID-19. stone” said. Once a champion of a COVID-zero strategy to manage the pandemic, the … Read more

Roads, transit, internet: what’s in the infrastructure bill

The House has passed a $1 trillion bipartisan plan to rebuild roads and bridges, modernize public works systems and promote broadband internet, among other major improvements to the country’s infrastructure. The law now goes to President Joe Biden for his signature. Once it’s signed by Biden, the new law will reach nearly every corner of … Read more

One of India’s most respected cricket coaches Tarak Sinha passes away

Indian coach Tarak Sinha, who has the most number of international and first-class cricketers, died on Saturday morning after a prolonged illness. Sinha was 71 years old. He was a bachelor and his family consists of his sister and hundreds of students and well wishers, whose life became better because of his positive presence. Sinha … Read more

US employment growth accelerates in October; Unemployment rate drops to 4.6%

WASHINGTON: US employment grew more than expected in October as headwinds from a rise in summer COVID-19 infections eased, providing further evidence that economic activity was quickly gaining momentum in the fourth quarter. The Labor Department said in its closely watched employment report Friday that non-farm payrolls saw an increase of 531,000 jobs last month. … Read more