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19.03 / 13:01
Digital Boeing innovations Updates Treasury pushes ahead with digital gilt pilot using BoE's Sandbox
In her Mansion House speech in November last year, Chancellor of the Exchequer Rachel Reeves said the government intended to trial a pilot digital gilt instrument (DIGIT) issuance using DLT. In an update on Tuesday (18 March), Reeves added that the government was engaging with the UK Debt Management Office (DMO) «to understand what technological options are available to facilitate an issuance» and how DIGIT can «best be designed to stimulate wider development and adoption of DLT infrastructure across UK capital markets». FCA launches AI Lab to bolster innovation and development in fin...
19.03 / 13:01
social reports TIME Investments proceeds with property fund hybrid transition without SDR label
Investment Week reported yesterday (18 March) that the company had delayed the conversion of its TIME:Social Impact Property into a hybrid structure while it was engaging with the regulator to try and bring its current SDR ‘Impact' label across with the transition. TIME Investments delays transitioning social daily dealing property fund to hybrid due to SDR The Financial Conduct Authority's application process for SDR labels is extensive and often time consuming, according to many firms that have applied for one of the four labels, and TIME's manager Roger Skeldon told IW that his tea...
19.03 / 12:59
markets COST Provident Digital Pool reports GCCs in India expect 9.8 pc salary growth in next 12 months: Report
salary growth over the next 12 months, as organisations adapt to evolving talent demands and navigate macroeconomic challenges, a report said on Wednesday. In India, GCCs are seen as the top payers, outpacing traditional IT services in pay parity and growth, and are expected to give 9.8 per cent salary growth over the next 12 months, 'India's Talent Takeoff — The GCC 4.0 Story' report by digital talent solutions provider NLB Services said. «With India hosting over 55 per cent of the world's GCCs and projected to reach a market size of USD 110 billion by 2030, these centres have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool. This growth trajectory is now translating into significant salary increases for employees, especially for specialised skills which are commanding higher premiums than ever before,» NLB Services CEO Sachin Alug said. However, he said, despite this strong momentum, gender-based disparities still require attention, with women earning approximately 75-85 per cent of male salaries on average, a gap which further widens at senior positions, reflecting the limited representation in leadership roles.
19.03 / 12:59
Target Assurant WhatsApp Healthcare country patient Colleges Health expenditure now at 1.84 pc of GDP, moving steadily to 2.5 pc: JP Nadda
JP Nadda on Wednesday said the government's expenditure on healthcare has reached 1.84 per cent of GDP and is steadily moving towards the target of 2.5 per cent. In his reply to a discussion on the working of the Ministry of Health and Family Welfare, Nadda said in 2013-14, the allocation of funds for healthcare was around Rs 38,000 crore and at present, it has reached Rs 99,000 crore or assume it to be Rs 1 lakh crore. «In 2013-14, the government health expenditure, which includes state and the Centre, was 1.15 per cent, and when the policy was enunciated, it was 1.35 per cent, and now, it is 1.84 per cent of GDP, and we are going very steadily towards 2.5 per cent,» Nadda said. The National Health Policy 2017 has prescribed increasing government health Expenditure (GHE) as a share of GDP to 2.5 per cent by 2025.
19.03 / 12:59
markets Booking Sony President Gold price today: Gold rate dips from all-time peak. Check latest value
Gold price on Wednesday fell, as some profit-booking kicked in after prices scaled a record peak, while focus shifted to U.S. Federal Reserve policy decision due later in the day. Spot gold fell 0.2 per cent to $3,027.89 an ounce, as of 0930 GMT, after hitting an all-time peak of $3,045.24 earlier in the session. U.S. gold futures shed 0.1 per cent to $3,036.60. There is a possibility of profit booking because the price rally was quite sharp, but «it's possible for prices to move beyond $3,050 level driven by market fears in terms of geopolitics,» said Soni Kumari, a commodity strategist at ANZ. Gold, considered a safe investment amid periods of uncertainties, has scaled 15 record highs so far this year. Investors are worried about an economic slowdown and elevated risks of recession due to U.S. President Donald Trump's tariff policy. While, conflict in the Israel has resumed after attacks on the Gaza Strip.
19.03 / 12:59
markets UPS FIVE Platform Mobile reports Uber India logs 41% rise in operating revenue at Rs 3,762 crore; loss narrows 71%
Uber saw its operating revenue in India grow by 41% for the fiscal year ending March 31, 2024, reaching Rs 3,762 crore, up from Rs 2,666 crore in FY23, as it managed to reduce its losses, driven by improvement in its ride-hailing services and growth in its support and service operations. In FY24 the San Francisco-based Uber Inc’s India unit significantly narrowed its losses by 71%, bringing it down to Rs 89 crore from Rs 311 crore in FY23, according to the company’s regulatory filings sourced from business intelligence platform Tofler. Over the past five to six years, Uber has been doubling down on its focus on the mobility segment. In FY24, its ride-hailing revenue in India surged by 19% to Rs 806 crore, up from Rs 678 crore the previous year. Additionally, revenue from support services grew to Rs 2,936 crore, compared to Rs 1,977 crore in the previous year.
19.03 / 12:59
Waves economy wellness Trade performer testing strain Policymakers need to balance upward strain of rising prices due to tariffs, currency depreciation: RBI Bulletin
economic slowdown, according to its bulletin. «Policymakers are now walking a tightrope, having to balance the upward strain of rising prices on account of tariffs and currency depreciation, as well as the downward pressure on inflation from economic slowdown,» according to the document.
19.03 / 12:59
UPS Provident Fighting Election country rights Bihar polls months away, Congress calls for implementation of women's reservation law
The failure to implement the law will bring out women workers on streets in Bihar and other states, she said. Suggesting political motives behind bringing the law for women's reservation, Lamba said the delay in its implementation was akin to betraying the women of India. «The BJP government has been in full majority since 2014, but the women reservation law was passed just ahead of the 2024 elections. Why is it not being implemented? This is our next question to Modiji. »Why women, who form half of India's population, are deprived of their rights to participate in the assembly and Lok Sabha?" she asked while addressing the media after Geeta Patel formally took over the reins of Gujarat Pradesh Mahila Congress.
19.03 / 12:59
Williams Duke Inside reports gatherings strain Relationships Did King Charles ask Meghan Markle to ‘stay away’ from late Queen Elizabeth’s deathbed? Royal biographer reveals the controversial truth
Queen Elizabeth II, a private family drama unfolded behind palace doors—one that would further fracture the already strained relationship between Prince Harry and the rest of the royal family. A new revelation from royal biographer Robert Hardman suggests that Meghan Markle was specifically asked to stay away from Balmoral Castle during the Queen’s final moments, with King Charles personally making the call.
19.03 / 12:15
markets economy Research Trade President Experts Updates US Fed Meeting LIVE: Jerome Powell-led FOMC to unveil second policy decision for 2025; Wall Street eyes rate pause
US Fed Meeting LIVE: The US Federal Reserve will announce its second policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting today amid stagflationary risks threatening the US economy due to US President Donald Trump's tariff hikes which have escalated a global trade war.Wall Street eyes the US central bank to hold the benchmark interest rate steady in today's monetary policy verdict amid the volatile trade policy and economic uncertainty hurting the world's largest economy. Economists have sounded alarm about ‘stagflation’—a combination of still-high inflation and a weak or stagnant economy after sharp cuts to government spending and layoffs.Also Read: US Fed to unveil policy verdict amid ‘stagflation risk’, chief Jerome Powell eyes rate pause: 5 key things to knowUS Fed eyes interest rate pause?Earlier this month, US Fed chief Jerome Powell said at a New York research conference that the US Federal Reserve is likely to keep its benchmark interest rate unchanged in the coming months as it waits for widespread uncertainty stemming from Donald Trump's policies.
19.03 / 12:03
markets UPS Provident Manufacturing rights International Unlocking global markets: How Indian investors can diversify with portfolio management services
With India’s mutual fund industry hitting the market regulator’s $7 billion overseas investment limit, one door has been shut for Indian investors looking for global diversification. But they have the alternative option of investing overseas through portfolio management services (PMS), which are professionally managed funds with access to international markets.
19.03 / 12:03
markets COST Strategy Rhythm show patient The foundation of successful investing isn’t intelligence. It’s patience.
Most of us associate Berkshire Hathaway with Warren Buffett and the late Charlie Munger, but in the early 1970s they were part of a trio that also included Rick Guerin.
19.03 / 11:41
UPS Manufacturing Enterprise WhatsApp Trade Sensex rises! These stocks gained over 10% on BSE
These high-performing stocks that rallied more than 10% during the session included, Samtex Fashions(14.97%), Tokyo Plast Int(14.44%), Visco Trade Associates(14.20%), Nelcast(14.07%), ideaForge Technology(13.82%), Futuristic Sol(13.82%), Swaraj Engines(13.80%), Loyal Equipments Ltd(13.51%), Bajaj Steel(13.10%) and Birla Cable(12.97%).
19.03 / 11:41
Strategy WhatsApp stage rock Department bowling Punjab Kings in IPL 2025: Team history, strengths, weaknesses and season outlook
Punjab Kings, one of the founding franchises of the Indian Premier League (IPL), continue their quest for a maiden title since their debut in 2008. Punjab have consistently struggled to find success in the league, only reaching the final once (in 2014) in their 17 attempts so far. Last season was yet another disappointment as they finished ninth, just ahead of Mumbai Indians. However, the franchise has made significant changes in a bid to finally claim the coveted trophy. ALSO READ:Delhi Capitals in IPL 2025: Team, key players, and season outlook
19.03 / 11:41
Target BLOCK Tesla President Doge Department Investigations Elon Musk's shocking claim: 'They basically want to kill me'. Why is DOGE chief's life at threat?
Elon Musk, tech billionaire and US President Donald Trump's close ally, has claimed that his life was at risk over his role in the Trump administration and drastic cuts made to the federal workforce by a newly created department- DOGE. The Department of Government Efficiency (DOGE) has been created by US President Donald Trump and led by the world's richest man has been tasked with cutting US government jobs and other spending. Musk is leading the effort to drastically reduce the federal workforce and weed out what he sees as taxpayers' money being wasted. In an exclusive interview to Fox News, Musk said, «They basically want to kill me,» over the drastic and potentially illegal cuts made at DOGE has made to the federal government and workforce. ALSO READ: Canada under siege: Is Trump planning a 'Canschluss'?
19.03 / 11:41
markets COST Citi security Hallmark Updates Gold prices at record high: Latest gold jewellery rates today at Malabar Gold, Joyalukkas, and Tanishq
With gold hovering near its all-time high, many individuals are contemplating the sale of their gold jewellery to the advantage of the elevated prices. When selling jewellery in India, it is important to consider making charges, taxes, and potential melting charges; also, ensure you have purchase documents or an invoice. If you purchased gold a few years ago, comparing it with today's gold price can help you assess the appreciation in its value. As the gold prices continue to rise, owning hallmarked gold jewellery offers security and enhances its investment and resale value. It is crucial to check the BIS hallmark before buying to make sure you are getting real gold.
19.03 / 11:41
markets UPS Micron Lexus Updates orienteering Stock market update: Mining stocks up as market rises
KIOCL Ltd.(up 5.42%), Ashapura Minechem Ltd.(up 4.99%), Gujarat Mineral Development Corporation Ltd.(up 4.63%), MOIL Ltd.(up 3.50%), NMDC Ltd.(up 3.02%), Pokarna Ltd.(up 2.67%), Madhav Marbles & Granites Ltd.(up 2.62%), Coal India Ltd.(up 1.69%), 20 Microns Ltd.(up 1.09%) and Lexus Granito(India)Ltd.(up 0.57%) stood among the top gainers.
19.03 / 11:41
markets UPS Food Nestle Updates International Stock market update: FMCG stocks up as market rises
Vadilal Industries Ltd.(up 6.94%), LT Foods Ltd.(up 4.05%), Honasa Consumer Ltd.(up 3.64%), Bikaji Foods International Ltd.(up 3.60%), Dodla Dairy Ltd.(up 3.46%), ADF Foods Ltd.(up 3.20%), Adani Wilmar Ltd.(up 2.81%), Tasty Bite Eatables Ltd.(up 2.52%), Gopal Snacks Ltd.(up 2.49%) and Mrs. Bectors Food Specialities Ltd.(up 1.97%) stood among the top gainers.

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