Energy, power-based equity mutual funds deliver up to 10% in one month. Should you invest?

Energy & power based mutual funds gave an average return of 8.39% in the last one month, data crunching by ETMutualFunds showed. There were around four schemes in this category that have completed one month or existence in the market. DSP Natural Res & New Energy Fund, the topper in the category, gave 10.26% return … Read more

Ukraine war: Russia’s deadliest air strike in weeks kills 16 in Chernihiv, as Kyiv seeks more defence support

Three Russian missiles on Wednesday slammed into the centre of Chernihiv, a city in northern Ukraine near the Russian border, killing at least 16 people, wounding dozens more and damaging civilian buildings, officials said. President Volodymyr Zelensky called on Kyiv’s allies to rush in air defence support after the city, which had a pre-war population … Read more

L&T: We see $50-60 billion opportunities in Middle East over next three years: Subramanian Sarma, L&T

Subramanian Sarma, Whole-time Director & Sr. Executive Vice President (Energy), L&T, says that for the next few years, “the Middle East is expected to continue to play a very important role for us in terms of opportunities particularly in the energy sector as well as in the power transmission and distribution sector where we are … Read more