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FPIs turn net buyers of equities in Jan so far; invest Rs 3,202 cr

[ad_1] After three months of selling spree, foreign investors have turned net buyers in the first week of January by infusing Rs 3,202 crore in Indian equities, as correction in markets provided them good buying opportunity. Going forward, FPIs flows will remain volatile on the expectation of the US Fed rate hike, rising concerns over the Omicron variant and elevated inflation levels, experts said. The latest inflow came after witnessing a net outflow of Rs 38,521 crore during October-December 2021. Before that, foreign portfolio investors (FPIs) had made a net investment of Rs 13,154 crore in September last year. According to data available with the depositories, FPIs have infused a net sum of Rs 3,202 crore in the Indian equities during January 3-7. Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, said, “Intermittent buying by FPIs could be attributed to the correction in the markets interim, which would have provided them some good buying opportunity”. He further said that FPIs continue to be cautious in their investment approach in the backdrop of a sharp surge in the coronavirus pandemic across the globe, including India. Although the world has the experience of battling two waves in the past, the newer variant – Omicron -continues to pose a concern. Moreover, a sharp rise in cases would also result in lockdown being imposed to curb the pandemic spread, which can again have an impact on economic growth, he added. Apart from equities, FPIs were net buyers in the Indian debt market as well, but marginally. Through the week, they bought net assets worth Rs 183 crore. FPIs flows into the Indian debt markets have been sporadic for a long time with no clear direction. Last year, they were net sellers to the tune of Rs 1.04 lakh crore. VK Vijayakumar, Cheif Investment Strategist at Geojit Financial Services, said a major concern of FPIs is the tightening monetary stance in the US, with the 10-year US bond yield rising that can trigger selling in the emerging markets. Since the Indian market is resilient, and retail and domestic institutional investor flows are strong, FPIs are unlikely to press sales unless the market rises sharply, he added. “With the expectation of US Fed rate hike, rising concerns of Omicron and elevated inflation levels, we expect FPI flows to emerging markets, including India, will remain volatile,” Shrikant Chouhan, Head – Equity Research (Retail), Kotak Securities, said. According to Srivastava, intermittent corrections in the markets might trigger some buying from FPIs. However, with valuations continuing to be at elevated levels, along with other concerns, India may not be as attractive for them as has been the case sometime back. [ad_2] Source link

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My Canada Weather Gear Coat is just $44.99 + shipping right now!

[ad_1] Whoa!! Do not miss this hot deal on these Canada Weather Gear Coats! Yay! This reader favorite deal is back! Zulily has the super popular Canada Men’s and Women’s Weather Gear Coats on sale right now! Plus, when you shop through our link, you will save an extra 10% off at checkout! There are many different styles of parkas, anoraks, and puffers to choose from — including the anorak I’m wearing in the photo above for just $44.99 after discount! These are regularly $18-$230, and this is such a hot deal on this brand. Great opportunity to grab a nice jacket for the colder months! They sent me one of these to try and it’s such high quality! I’m excited to wear it when it gets cold here. It’s really lightweight, yet so cozy warm! Shipping starts at $5.99. But if you place one order today, the rest of your orders will ship for FREE through 11:59 p.m. PT tonight! [ad_2] Source link

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Mistakes to avoid while buying fresh motor insurance and renewing an existing cover

[ad_1] Buying a new vehicle can easily be listed as one of the few most important purchases of a lifetime. Buyers ask around for opinions, plan their budget months in advance, and keep a tab on the latest features and models before they can finally make up their minds. So, quite understandably, nobody wants to see their vehicle damaged or broken down. While a lot of thought goes into purchasing the vehicle, buyers often don’t ponder much over the insurance that protects their vehicle from damages. This just doesn’t apply to new vehicles, the old ones need to be insured just as much. Whether your vehicle is new or old, motor insurance is not just a mandate by law, but a crucial accessory to protect your ride. The Motor Vehicles Bill, 2019 has made it compulsory for all personal and commercial vehicles to have insurance in place before they hit the road. When you are out there driving, there’s always a risk of uncertainty. It could be something as serious as an accident or something as common as a vehicle breakdown. Your motor insurance is the shield that protects you and your vehicle and makes your ride a smooth one. However, it’s also quite possible to hit a few bumps if you don’t take note of important points and end up later with rejected claims or an insufficient cover. Here’s what not to do while buying fresh motor insurance or renewing an existing cover. For first-time buyers Accepting the first insurance by the dealer in a jiffy The excitement of taking a brand new vehicle home is like none other. It’s natural to run with the first insurance plan they get from the dealer and take off. But might we ask you to hold off for a bit more and decide only after comparing various options available to you? As you’d know, the dealers have a commission-based partnership only with certain insurers, so that limits your scope of choices. Also, the extent of coverage and features can be limited in this case. So, shell out your insurance money wisely by comparing policies online before you decide. Relying on just the third-party insurance This could be true for both first-time buyers and the ones who want to renew their policy. Third-party insurance (TPI), which is a mandate by law, takes care of any damages caused by your vehicle to the third party. However, this is just the bare minimum that you need to have. This might save you the heavy penalty but will not cover any damage caused to you or your own vehicle. Unfortunately, accidents occur at the most unexpected time and place. So it’s not enough to have just TPI because it won’t guarantee any financial protection to you or your vehicle and this can cost you heavily. If you have a new vehicle or if you have been depending just on TPI, you should opt for comprehensive insurance with sufficient coverage and features. Not opting for riders or add-ons Often, new vehicle owners are not aware of the riders they can choose for their vehicle. After you have picked a policy with sufficient coverage, you need to make it all-inclusive by adding riders. There are some damages that are not covered by the policy but are taken care of by riders like roadside assistance cover, zero depreciation cover (bumper to bumper cover), engine depreciation cover or no claims bonus protection cover. These riders are not available with just third party insurance, which is another reason for you to buy a comprehensive policy covering own damage. Even if you are about to renew your policy and don’t have these riders or are not aware of them, do remember to check with your insurer. You can customise your policy as per what riders you think you’d need the most. For renewals Forgetting to renew your policy in time For the most part of the past two years, almost all vehicles have just been parked and rarely been used. In these circumstances, the renewal date and grace period can easily slip out of your mind. However, this mistake can cost you dearly. If you don’t renew the policy in time, it will lapse. This way, you are not only exposing your uninsured vehicle to financial losses but also making yourself prone to legal consequences. Apart from this, renewing your insurance after the due date will make you go through the documentation again. It’s quite possible that your renewal might be rejected based on the condition of the vehicle. Renewing your policy within due time is completely hassle-free. Losing out on no-claim bonus A No-claim bonus in your policy rewards you for not making any claims during the policy year. In a nutshell, it’s a discount on your premium upon renewal in case of no claims. As per the rules, you could enjoy up to 20% discount on your first year of no claims, 25% for two years, 35% for three and 45% for four consequent years with no claims. You stand to lose out on this benefit under these circumstances – – Not renewing your policy within three months of the policy expiry date – Losing the entire NCB by making a claim even for a small amount Providing wrong information or hiding information Like any other insurance, motor insurance also follows the principle of utmost good faith. Do not hide any information or provide wrong information about damages, condition of the vehicle or yourself while renewing the policy. Doing so counts as a serious offence and amounts to insurance fraud. This can attract heavy fines or even imprisonment. In case you want to get any information changed, you should do so at the time of renewal. It could be a change in your name or place of residence. Always disclose full information while renewing your policy. Keeping the above points in mind will help you make the most of your motor insurance policy and enjoy a long-lasting and hassle-free

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e.Adda: The last thing a coach wants is, he says something and player sulks like a cry-baby, says Ravi Shastri

[ad_1] On residues of unpleasantness with Sourav GangulyI see zero residue. I have every right to react and he has every right to react. Let us not forget that we are both cricketers and we know the game. So if there are certain instances, just because you both have played that game, you both feel you know the game. That does not mean you agree on everything or disagree on everything. On Virat Kohli contradicting GangulyWith good communication, this could have been handled much better. Instead of this being out in public domain, it could have been much better if there was communication. Virat has given his side of the story, now it is for the BCCI President to come and give his side of the story or a clarification. It is not a question of who is lying, it is a question of what is the truth. We want to know the truth and that can only come with dialogue. You need dialogue from both sides. One party has given one side of his explanation. On bowling coach Bharat Arun saying Virat reminds him of a young ShastriPretty fair. Virat was pretty aggressive the way he thought about the game. I was pretty similar from a very young age. Before I was 25, I played against the best in the world. If you had to compete with the best in the world, you had to get into a mindset which was competitive. I see a lot of that in Virat. Passionate about wanting to succeed, there was that drive, hunger, self-confidence in his ability. It rubbed off on other players in the team. On being thought of as Kohli’s left-hand man, yes manI don’t give importance to such things. People have every right to say, write and speculate what they want to. That does not mean I go down and dive in when that is not my space. The relationship was fantastic. It was two like-minded people going about their job in a professional manner. On tough decisions like dropping Ajinkya Rahane in South Africa, M Vijay being let go and a bit of unrest in 2018 during the England tourOne of the toughest jobs as a coach is probably selection. But in the seven years where I was involved, I had zero agenda when it came to picking a player in the team. Absolute zero agenda. If I felt that a guy was good for the team in the form he was in, and looking at the past and experience as well, I would convey that to the captain or the management. I would give my opinion based primarily on the interest of the team and not individuals. On R Ashwin saying he felt ‘crushed’ hearing Shastri say that Kuldeep Yadav is the No. 1 Indian spinner overseasMy job is not to butter everyone’s toast. My job is to state facts without agenda. Ashwin did not play the Test in Sydney and Kuldeep played, bowled brilliantly and took five. So it’s only fair I give that young kid, who was probably playing his second Test overseas and he bowled magnificently, he bowled as well as any spinner has overseas. So I said the way he has bowled here, there is every chance he could be India’s No. 1 overseas. If that hurt some other player, then good. In hindsight, I am glad I made that statement. Because if it hurt Ashwin and he was upset, I am glad the way he went about his job. I am the kind of coach who will want a player to say, “I am going to show this coach. I want to teach him a lesson and show him what I am all about.” So if it upset him, I am very happy. It made him do something different, which he did. The way he was bowling in 2019 and the way he bowled in 2021 in Australia, was chalk and cheese. I will go for the cheese any day. And being thrown under the bus, Ash need not worry, because I had already spoken to the bus driver and told him to stop two feet short! (Smiles). It was a message to Ashwin that you need to be fit, you need to play the whole series. On speaking to Ashwin post-injuryThere were talks with him to get fitter. I had a chat with him even after 2019, that he is bowling only 60-70 % of his capacity and still taken 375-400 wickets. If he gets that fitness right, that strike-rate will go through the roof, not just in India but even overseas. The last thing a coach wants is you say something and then the player goes and sulks like a cry-baby. I’d rather have a guy tell you on your face, “I’ll show you.” On players being afraid during the time Shastri and Virat ran the shipNot really. I know I am not saying anything with any sort of agenda. I am saying it in the interest of the team and knowing fully well that if I can get that message across in that fashion and it upsets the guy, then he works his backside off to come back. Who is the beneficiary? It is me and the team. On feeling vulnerable when his hero, his father passed awayJust the way he brought me up. Just the way he communicated with me right through my career. Like he told me whatever you do, if you want to perform and be worthy of your salt, get out to Australia, and do it there. They play their cricket harder than anyone. He had said you have already done well in West Indies (I had got a hundred there). When I first captained an U-19 team to England in 1981, AIDS was in news and things of that sort. He didn’t say even one time to be careful about these things. He just said play your cricket and learn some English manners

e.Adda: The last thing a coach wants is, he says something and player sulks like a cry-baby, says Ravi Shastri Read More »

My Goals for 2022

[ad_1] So, I already confessed that my lack of setting weekly goals last year affected my goals overall. As in, I didn’t accomplish hardly any of them and even actually forgot about most of them that I had set because I wasn’t reviewing them weekly. Oops! In 2022, in addition to committing to going back to setting weekly goals again, I’m only setting 7 goals for this year to keep it simple — especially since I’m pregnant and due in June, we’re very hopeful our adoption of Baby D is happening this year, and I’m finishing up my next book draft. Here are my goals for 2022: Myself 1. Go through 5 She Reads Truth studies for the year. (I’ve been loving going through these studies again this past year, but I realized that it’s better for me to go through much more slowly than what they designate the pace should be. I usually take 2-4 days on each day and that’s worked out well for me so that I’m really soaking the verses and learning from the passages.) 2. Finish at least 4 books a month. (Last year, I set the audacious goal of reading three books per week. I ended up falling very short of that. So this year, I decided to set a much more realistic goal. I hope to exceed this goal by a lot, but we’ll see! And if you missed it, I’m setting monthly goals instead of yearly goals for reading — and I’m really excited about this approach!) 3. Complete at least 1 craft per month. (I plan to use some of the craft kits that I’ve gotten from Annie’s Creative Girls’ Club and Annie’s Creative Woman Craft Club. Since so many of you purchased the fantastic deals I posted from them, they signed me up for both subscriptions as a thank you! While crafting is not something I’m really gifted at, I find that it is relaxing for me and something that challenges creative parts of my brain that I don’t use very often!) Motherhood 4. Have a monthly date with each of the three older kids. (I’m planning on having the kids help me decide what they’d like to do each month. I love hanging out with my kids and I cherish our time together even more as they get older.) 5. Read 10 chapter books aloud to Kierstyn and Baby D. (I’ve been reading a Bible story from The Jesus Storybook Bible and a chapter from a read-aloud book each afternoon before their naps. While they are little and much of it is over their heads, I love to establish this habit when my kids are tiny so that it becomes an important part of their family culture for the most formative years of their life. Plus, it’s fun for me!) Marriage 6. Have a monthly date with Jesse. (While we hope to occasionally get an actual date night out, with multiple little kids, we want to be realistic… so we plan to at least do one Date Night in a Box kit at home every month — even if we can’t get out for a real date every month). MoneySavingMom 7. Finish my next book draft. (The first draft is due to my publisher mid-February. Then, we’ll be going through multiple rounds of edits before it goes to the printers. It’s slated to release in spring 2023!) Did you set goals for 2022? If so, I’d love to hear what your goals are! Share them in the comments! [ad_2] Source link

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