Large-caps, financials, IT: Axis MF’s Devalkar on where he sees opportunity

Savings account interest rate: Unity Small Finance Bank has recently announced a new interest rate of 7% on savings accounts, with even higher returns for amounts surpassing five lakh rupees. In addition, senior citizens can benefit from an attractive 8.50% interest on a special 501-day fixed deposit. Other small finance banks are also rolling out…

Domestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, sufficient for 62 days. Production and despatches saw robust growth, supporting this comfortable supply situation. Coal receipts at thermal power plants also registered significant year-on-year growth. The ministry remains committed to ensuring uninterrupted energy security for…

Effective communication fosters a nurturing environment where anxiety diminishes, leading to meaningful daily interactions. Building romance can stem from shared activities, nurturing connection through mindful focus. Students may find themselves with improved career opportunities through networking and clear guidance. While financial benefits may emerge in unexpected ways, prudent spending ensures stability. Likewise, maintaining health revolves…