This investor is bullish on Alibaba, says now is a ‘great opportunity’ to buy

Lockdowns in China could be a boon for businesses like Alibaba, says Sam Le Cornu of Stonehorn Global Partners, who said his firm is buying more shares in the Chinese tech giant. “We’re increasing our position in Alibaba,” Le Cornu, CEO and co-founder at the investment management firm, told CNBC’s “Street Signs Asia” on Thursday. “Based on valuations and the earnings outlook, we see that it’s a buying opportunity.” As the pandemic stretches into its third year, China continues to press on in its strict zero-Covid strategy, with lockdowns being implemented…

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Make wholesome, healthier choices this new year with this fresh apricot dip recipe

We are all aiming for a year that’s healthier, safer and happier for all of us. All these years I have been upgrading to better and healthier recipes, and with just the use of sourdough discard in many of my millet recipes, I have helped many vegan friends across the world. As we move ahead in the millet journey, we bring many interesting dips and dressings with nuts, seeds and dried fruits. Apricot dip (khurmani, as we call it) is a staple in our home in Himachal. I have seen people improvising…

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Love mangoes? Try this 2-ingredient jam recipe at home

It is the season of mangoes and if you are fan of the fruit, you can consume it in various forms — shakes, desserts — and also incorporate it in a variety of dishes. But have you tried making fresh mango jam at home? All you need are raw and ripe mangoes and some sugar. Celebrity chef Kunal Kapur took to Instagram to show how to make the jam using a very simple recipe that he learnt from his mother. “Jam is the joy you can spread without worrying about the…

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PSU banks loan report: Govt banks lent this much for business, farming during coronavirus months

Under the scheme, the banks provide an additional line of credit of 10 per cent of the existing fund based on working capital limits, subject to a maximum of Rs 200 crore. State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors including MSME, agriculture and retail between March 1 and May 15 when businesses were reeling under the impact of COVID-19 crisis. Loans sanctioned at the end of May 8 stood at Rs 5.95 lakh crore.  “Loans worth over Rs 6.45 lakh crore were sanctioned…

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Want to retire rich? Follow this mutual funds investment strategy, say experts

Retirement Planning: The most preferred retirement wish of each earning individual is to retire rich or have that much of the maturity amount, which is enough to meet their financial requirements post-retirement. Mutual Funds are one of the most preferred investment tools among Indian investors for achieving their long-term investment goals. However, when it comes to deciding the mutual funds tool while allocating funds to one’s portfolio, which mutual fund category will be better suited for retirement plan becomes a hectic task. As the mutual fund has small-cap, mid-cap and large-cap…

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Digital media to garner 65% of ad investment in India this year: GroupM

Print still relevant to advertisers wanting to build credible brands Advertising investment in India is set to soar to ₹91,641 crore this year, representing an estimated growth of 10.7 per cent for 2020, according to GroupM, the media investment group of WPP, in its advertising expenditure (adex) forecasts for 2020. Even with an overall slowdown in the global economy, Indian media spends are expected to be between low to moderate in H1, with robust growth anticipated in H2 2020. India is the eight-largest market globally and is the largest contributor to…

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