Latest news with #TIPS
Gulf Today
2 days ago
- Entertainment
- Gulf Today
Bollywood star Pooja Hegde serves traditional elegance as ‘Kanjivaram Girl'
Actress Pooja Hegde has professed her love for Kanjivaram sarees and said that she is always a 'Kanjivaram girl.' Pooja took to Instagram, where she shared a string of images and clips from a recent photoshoot, where she wore an exquisite aubergine and gold hued saree. She completed her look with drop earrings, a choker and bangles. For the make-up, she went subtle with nude lips and left her long straight black hair open. She wrote: 'Once a Kanjivaram girl, always a Kanjivaram girl.' Kanjivaram sarees are renowned for their South Indian origin and are made from pure mulberry silk. They are heavy and have exquisite craftsmanship. On the work front, Pooja will next be seen next in 'Hain Jawani Toh Ishq Hona Hain,' which is being made under the direction of David Dhawan. With Varun Dhawan as the protagonist, the highly-anticipated drama enjoys a stellar cast including Mrunal Thakur, Mouni Roy, Chunkey Panday, Maniesh Paul, Jimmy Shergill, Rakesh Bedi, Ali Asgar, Kubbra Sait, Rohit Saraf, Rajeev Khandelwal, Nitish Nirmal, and Sreeleela, along with others. The title of the romantic-comedy-drama, 'Hain Jawani Toh Ishq Hona Hain' has been derived from the song 'Ishq Sona Hai' from Dhawan's 1999 hit 'Biwi No.1,' starring Salman Khan, Karisma Kapoor, and Sushmita Sen in the lead. Produced by Ramesh Taurani under the banner of TIPS, the release date for 'Hain Jawani Toh Ishq Hona Hain' has not been disclosed yet. Over and above this, Varun will once again be seen sharing screen space with Janhvi in Shashank Khaitan's 'Sunny Sanskari Ki Tulsi Kumari.' These two were earlier paired on-screen in the 2023 romantic entertainer, 'Bawaal'. Sanya Malhotra, Abhinav Sharma, Maniesh Paul, and Manini Chadha are also a part of the project's pivotal cast. Pooja was last seen in the romantic action drama film 'Retro' by Karthik Subbaraj. The film stars Suriya and Pooja in the lead roles. In the film, Paarivel 'Paari' Kannan, an orphan raised by a gangster, faces betrayal and a violent cult as he searches for his true origins, fulfils a prophecy, and tries to reunite with his lost love, Rukmini. Meanwhile, Pooja revealed her favourite homesick remedy. Being an actor means staying away from home for long periods of time, and everyone ends up inventing their own way of overcoming their feeling of being homesick. Through her latest Instagram post, actress Pooja Hegde shared that one of her favorite homesick remedies is to enjoy a hot cup of tea with some yummy Parle-G biscuits. The 'Retro' actress dropped a clip on her Instagram handle, where she was seen enjoying this beloved combo. She was heard saying in the background, 'Simple joys to make me feel like I am at home'. Indo-Asian News Service
Hans India
3 days ago
- Entertainment
- Hans India
Pooja Hegde will always be a ‘Kanjivaram girl'
Actress Pooja Hegde has professed her love for Kanjivaram sarees and said that she is always a 'Kanjivaram girl.' Pooja took to Instagram, where she shared a string of images and clips from a recent photoshoot, where she wore an exquisite aubergine and gold hued saree. She completed her look with drop earrings, a choker and bangles. For the make-up, she went subtle with nude lips and left her long straight black hair open. She wrote: 'Once a Kanjivaram girl, always a Kanjivaram girl.' Kanjivaram sarees are renowned for their South Indian origin and are made from pure mulberry silk. They are heavy and have exquisite craftsmanship. On the work front, Pooja will next be seen next in 'Hain Jawani Toh Ishq Hona Hain,' which is being made under the direction of David Dhawan. With Varun Dhawan as the protagonist, the highly-anticipated drama enjoys a stellar cast including Mrunal Thakur, Mouni Roy, Chunkey Panday, Maniesh Paul, Jimmy Shergill, Rakesh Bedi, Ali Asgar, Kubbra Sait, Rohit Saraf, Rajeev Khandelwal, Nitish Nirmal, and Sreeleela, along with others. The title of the romantic-comedy-drama, 'Hain Jawani Toh Ishq Hona Hain' has been derived from the song 'Ishq Sona Hai' from Dhawan's 1999 hit 'Biwi No.1,' starring Salman Khan, Karisma Kapoor, and Sushmita Sen in the lead. Produced by Ramesh Taurani under the banner of TIPS, the release date for 'Hain Jawani Toh Ishq Hona Hain' has not been disclosed yet. She was last seen in the romantic action-drama film 'Retro' by Karthik Subbaraj. The film stars Suriya and Pooja in the lead roles. In the film, Paarivel 'Paari' Kannan, an orphan raised by a gangster, faces betrayal and a violent cult as he searches for his true origins, fulfils a prophecy, and tries to reunite with his lost love, Rukmini.
Yahoo
3 days ago
- Business
- Yahoo
Fidelity: 7 Investments To Get To Inflation-Proof Your Portfolio
According to U.S. Labor Department data published on June 11, the annual inflation rate (measured by the consumer price index) for the U.S. was 2.4% for the 12 months ending in May. This was up 0.1% from the 12 months ending in April. Inflation remains much lower than it was at this time last year and has been hovering just above the Federal Reserve's target of 2% for several months. 'It was a very good report. Basically, it says inflation has finally gotten back to the Federal Reserve's annual inflation target,' Mark Zandi, chief economist at Moody's, told CNBC. However, many economists are predicting that President Donald Trump's tariff strategy may have a detrimental effect on inflation in the months ahead. 'I think it's the calm before the inflation storm,' Zandi told CNBC. 'This [report] still reflects the disinflation that began a few years ago and continued on through the month of May.' Read Next: Learn More: With consumer price and inflation worries constant and recession fears cooling but refusing to go away completely, it's a shrewd move to place some defensive investments in your portfolio. Here are seven ways that Fidelity recommended defending against inflation through diversifying your portfolio. Stocks can be negatively affected in the short term by sudden inflation increases or economic downturns. However, long-term equity investments have typically produced returns that are significantly higher than inflation, according to Fidelity. If you're invested for the long haul, don't hurry to change your financial plan. 'In a growing economy, companies that issue stock can grow earnings in real terms during inflationary environments by raising prices in response to higher input costs,' said Anu Gaggar, Fidelity's vice president of capital markets strategy. Find Out: Home country bias — the tendency to invest primarily in one's own country's companies — is a global phenomenon, but not all of the world's economies trend the same. If near-term U.S. prospects worry you, investing in emerging foreign markets can help spread out a portfolio over-dependent on U.S. stocks. 'Many U.S. investors have this misguided notion that the S&P 500 Index is the be-all and end-all of the stock market,' said Jeffrey Kleintop, Schwab's chief global investment strategist. 'But if you're not investing abroad, you're missing out on more than half the global market.' Fidelity cautioned, however, that international stocks can be more volatile. According to Fidelity, investors concerned about inflation could look into investing in Treasury Inflation-Protected Securities (TIPS), which are government bonds whose face value and interest rate payments rise and fall with inflation. According to TreasuryDirect, TIPS are available for five-, 10- and 30-year terms, and at the time of maturity, you'll get back either the original principal or an increased price based on inflation. However, you won't get a lower principal than what you paid. Although Fidelity pointed out that gold shouldn't occupy a significant part of your portfolio (because it doesn't pay out income through interest or dividends), it has a strong historical record as a broad inflation hedge in times of economic turmoil. However, although it's been a hot commodity recently, gold seems to perform best when inflation is significantly higher than it is now. For unexpected changes in the inflation rate, or shocks, it might be wise to look at other commodities. Commodities besides gold (agriculture, energy, metals, etc.) have proved to be extremely resilient to inflation and have been an important hedge for stocks and bonds during periods of rising prices and wages. According to Goldman Sachs Research, during inflation shocks, commodities returned real gains of 7 percentage points, compared with a decline of 3 and 4 percentage points for stocks and bonds, respectively. Like gold, real estate has proved to be a sought-after investment with significant protective and potentially lucrative value, per Fidelity. Having a fixed-rate home mortgage is a good hedge against inflation, but investing in income-generating real estate might be the best protection against rising prices. Investing in real income properties — through either directly purchasing single- or multi-family homes or passively investing in syndications sponsored by private equity firms — can increase your income as inflation and rents rise. Floating-rate loans can serve as a hedge against inflation because their interest rates vary along with current rates. Borrowers pay higher interest on loans as market rates rise, protecting their primary market value. This provides an edge over standard fixed-rate bonds, which typically see price losses as interest rates rise. 'Floating-rate debt has one of the best 'hit rates,' or historical odds, of outperforming inflation,' Gaggar said. More From GOBankingRates How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on Fidelity: 7 Investments To Get To Inflation-Proof Your Portfolio Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yomiuri Shimbun
4 days ago
- Business
- Yomiuri Shimbun
US Treasury 20-Year Auction Shows Solid Demand; 5-Year TIPS Next
Reuters U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis Gonzalez/Illustration NEW YORK, June 16 (Reuters) – The U.S. Treasury's sale of $13 billion in 20-year bonds showed solid demand on Monday, in line with last week's 10-year and 30-year debt auctions that were also well-received. The auction priced at a high yield of 4.942%, roughly tracking the market's rate forecast in when-issued trading at the bid deadline. This outcome suggested no premium was needed to take down the note. The auction was a big turnaround from the sale of new 20-year bonds last month, which underperformed and saw their yields soar to the highest levels since November 2023. Last month's 20-year sale also triggered a sharp selloff in other long-dated Treasuries. In afternoon, the 20-year yield US20YT=RR rose 4.2 basis points to 4.974%, despite a well-received sale, up from 4.933% just before the auction. 'The bond market has not been behaving as usual. I think the market has been taking back some of the safe-haven bids last Friday following the Israel-Iran conflict,' said Kim Rupert, managing director of global fixed income analysis at Action Economics in San Francisco. 'And now we have this news that Iran is probably back at the negotiating table, and so that's curbing a likely rally a little bit. In general, 20-year bonds often have trouble attracting bids, but this auction went okay.' The bid-to-cover ratio, another gauge of demand, was at 2.68, higher than last month's 2.46 and the auction average of 2.63 for reopened bonds. Indirect bids, which include foreign central banks, were awarded 66% of the total issue, down from 68% during last month's auction of new 20-year bonds. The 66% reading was in line with the average for a reopening. Primary dealers took in just 13% of the bonds, compared with nearly 17% last month. Lower dealer participation in Treasury auctions suggests increased interest from other investors, meaning dealers had no need to step in to absorb the note. Traders are bracing for Tuesday's $23 billion auction of U.S. five-year Treasury Inflation-Protected Securities (TIPS) which could garner attention given the recent spike in oil prices that has stoked concerns about inflation. U.S. crude futures, however, fell on Monday after reports that Iran is seeking an end to hostilities with Israel. That raised the possibility of a truce and has eased fears of a disruption to crude supplies from the region. Demand for front-end TIPS has been solid so far given worries about near-term inflation with the effect of tariffs impacting core goods prices, analysts said. But the outcome for five-year TIPS in the last three auctions was soft, pricing above the rate forecast in when-issued trading at the bid deadline, according to Barclays data, which suggested that investors demanded a premium to buy the note. In bond market parlance, the five-year TIPS auctions 'tailed.' The last bid-to-cover ratios were also down at 2.28 in the April auction and 2.10 in December 2024, the lowest in a decade, according to Barclays rates and inflation strategist Jon Hill. 'We see preliminary evidence of a pullback in investor class allocations to 'foreign & international' accounts across TIPS benchmarks year-to-date, as both the April five-year new issue and May 10-year reopening had allocations below 5%,' Hill wrote in a research note.
The Citizen
6 days ago
- Business
- The Citizen
Minister agrees unemployment statistics should include work in informal sector
The question is whether Statistics SA calculates the unemployment rate correctly and if it is really around 10%. Minister of Trade, Industry and Competition, Parks Tau, said this week that he agrees with Capitec CEO Gerrie Fourie that unemployment statistics should include work in the informal sector. However, not everybody agrees. Fourie said this week that Statistics SA should rethink how it measures unemployment, arguing that when the vast informal sector is considered, the unemployment rate of 32.9% could be closer to 10%. 'We talk about an unemployment rate of 32%, but Statistics SA does not count self-employed people. I think that is an area we must correct. The unemployment rate is probably actually 10%. Just go look at the number of people in the township informal market who sell all sorts of stuff and have a turnover of R1 000 per day.' This week in parliament, Tobias Chance, a DA MP, asked Tau for his comments as he was not sure whether Fourie's claim was accurate. He also wanted to know whether it was true that not enough attention was paid to supporting the informal economy. Chance emphasised that the informal sector in South Africa supported fewer people in work compared to other similar countries, particularly elsewhere in Africa. ALSO READ: Is South Africa's unemployment rate really only 10%? Minister Tau agrees Tau acknowledged that the point had been raised by various quarters concerning what was calculated and what not. He admitted he did not read the article with Fourie's statements, but said he believes there was significant undercounting, particularly when the informal sector was considered. 'This is an issue that everyone should collectively engage with to both acknowledge the informal sector and reinforce the support mechanisms for what was a major contributor to employment in the country. 'The informal sector is not only about self-sufficiency. There were instances when, according to my understanding, the ratio was one-to-one, meaning that for each informal sector operator, there was at least one additional employee. The number of employees per company would always differ.' Tau said there was an argument to be made in that regard and that Fourie's comments regarding South Africa's statistics needed to be considered. 'This has implications for how the country responded in terms of public policy and interventions.' ALSO READ: A VIEW OF THE WEEK: Taking unemployment lessons from a bank boss who can't count? Research institution says there is nothing wrong with calculation However, Trade and Industrial Policy Strategies (TIPS), an independent, non-profit, economic research institution based in Pretoria, established in 1996 to support economic policy development, with an emphasis on industrial policy, does not agree with Fourie. Senior economist at TIPS Dr Neva Makgetla says their own research shows that claims by a few business leaders and researchers that the informal sector has been neglected in both official data on unemployment and in government strategies to address joblessness are at best overdrawn and at worst simply false. 'Our substantial analytical work into the quality of official employment statistics, as well as the substantive factors behind persistently high joblessness and the obstacles facing small businesses, including the informal sector, shows that: The official Quarterly Labour Force Survey (QLFS) adequately defines and assesses employment, self-employment, unemployment and the informal sector. It is not true that the official data ignores informal employment and self-employment, which would result in exaggerated estimates for the unemployment rate. In 1994, self-employment in South Africa was already much lower than the norm for upper-middle-income countries due to the dispossession of black business owners under apartheid. The QLFS findings reflect South Africa's unique history, not methodological flaws. A key question is why the transition to democracy has done little to overcome the deficit in small businesses that originated under apartheid. The main reason is that the destruction of small and especially family-owned businesses under apartheid inevitably also destroyed their ecosystem. Most private and public services, infrastructure and resourcing of all kinds are still designed to meet the needs of large established producers, which often differ from those of small and especially informal enterprises. By extension, effective policies to expand small businesses, including in the informal sector, cannot rely narrowly on reducing regulatory burdens. Instead, South Africa needs to develop new systems in both the private and the public sector to support emerging and informal businesses on a mass scale.' NOW READ: This is where we would be if SA sustained an economic growth rate of 4.5%
