What is R-squared in a mutual fund factsheet? How is it related to the mutual fund’s performance?
R-squared is a statistical measure that indicates how closely a mutual fund’s performance correlates with a benchmark index.
Unified Pension Scheme: Will All Central Govt Employees Receive 50% Salary As Pension?
According to the notification on the Unified Pension Scheme, central government employees will have to fulfill several ...
Bears in the driving seat! Sensex drops over 400 points, Nifty slips below 23,000
Indian benchmark equity indices Sensex and Nifty50 opened lower for the second consecutive session on Monday, weighed down by ...
Stock market today: Asian markets are mixed after Wall Street edges back from its record
Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and ...
Samsung Galaxy S25 Ultra beats iPhone 16 Pro Max in GPU benchmark
Samsung officially launched the Galaxy S25 series, powered by the new Snapdragon 8 Elite for Galaxy chip. At the launch event, the company made bold claims about its gaming prowess but remained quiet ...
Market correction hits IPOs, QIPs; half of 2024 issues now below issue price
Experts said underperformance of shares issued through IPO or QIP is directly linked to the fate of secondary markets. The ...
Nvidia RTX 5080 spotted on Geekbench and Blender: slower than the RTX 4090?
In the Vulkan test, it scored 261,836 points. This is about 22% better than the RTX 4080. Not bad, right? But in OpenCL it ...
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Dhaka stocks extend losing streak for 3rd day
The Dhaka Stock Exchange (DSE) continued its downward trend today, with the benchmark DSEX index dropping by 70 points over three consecutive sessions.  This extended period of negative market ...