Beyond Financial News

For Pushpender Singh, the Managing Director of JMS Group, land has always held a special place. Growing up in a farming household, he understood early on the intrinsic value of land, a precious asset that was revered above all else in his family and community. Today, as the helm of JMS Group, Singh's faith in land investments remains unshakeable, albeit with a new vision.

Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) with effect from June 2024 says it all. Predictably, markets are elated, policy makers, circumspect. This is not surprising.

Sarbananda Sonowal is going to inaugurate India’s First Lighthouse Festival from the Fort Aguada Lighthouse on Saturday. The three days festival, beginning 23rd September and ending on 25th September, will be celebrated across all the lighthouses in the country in an effort to transform these historic spots as tourist destinations. The inaugural session will also be attended by the Chief Minister of Goa, Pramod Sawant; the Union Minister of Ports, Shipping & Waterways and Tourism, Shripad Naik as well as Tourism Minister of Goa, Rohan Khaunte among others. The Union Minister, Sarbananda Sonowal, earlier launched a campaign ‘Lighthouse Heritage Tourism’ to transform 75 historic lighthouses into Tourism Spots.

Nuvama Wealth Management Ltd, the demerged entity of Edelweiss Financial Services Ltd will get listed on the stock exchanges on September 26, according to an exchange filing. The demerger of the wealth management business was completed following the approval from the National Company Law Tribunal (NCLT) on April 27. The scheme of arrangement came into effect on May 18, 2023. In a recent interview with ETMarkets, Nuvama Group Managing Director and Chief Executive Officer Ashish Kehair said that the listing is likely in mid-September.

Guwahati: Assam's Pradhan Mantri Awas Yojana (Urban) programme is making remarkable strides in realizing the vision of sustainable housing for all. As of September 22, 2023, this visionary initiative has approved an impressive 551 Detailed Project Reports (DPRs), signalling the green light for 1,72,544 dwelling units. Importantly, an impressive 1,64,367 houses have already touched the ground, a testament to unwavering commitment. The financial front is equally inspiring, with a substantial Central Share (CS) of Rs. 1526.52 Crores and a corresponding state share of Rs.

I always believe that delivering projects on time and maintaining the highest quality standards is not just a matter of operational excellence but the cornerstone of any brand’s reputation. In the world of real estate, where competition is fierce, and customer expectations are ever-evolving, the ability to meet deadlines while ensuring quality is not just an advantage, it’s a necessity.

Real estate developer Manglam Group plans to invest Rs 200 crore in its upcoming luxury residential project – Manglam Rambagh – in Jaipur. Spanning across 2.2 acres of prime land, the Manglam Rambagh project offers 114 flats spread over six floors. The flat types include 3 or 4 BHK flats and 5 or 6 BHK penthouse, boasting spacious dimensions ranging between 2370 sq ft and 6120 sq ft.

Potential homebuyers are optimistic about the economy and their future earnings, which augurs well for driving demand in the property market. Real estate, in fact, continues to be the preferred asset class with 48 per cent of the respondents opining that they would want to invest in property as it is a stable hedge against inflation and is a time-tested wealth-building tool, according to a survey conducted by Housing.com in collaboration with NAREDCO.

In the ever-evolving landscape of retail, a powerful new trend is shaping the way businesses operate and thrive – the advent of shop-cum-offices. These innovative spaces represent a seamless blend of retail and office environments, redefining the future of the industry and catering to its dynamic needs.

The prospect of U.S. interest rates remaining elevated for longer than expected has sparked a readjustment for investors.

Canberra Airport’s chief has blasted Qantas, accusing it of mistreating its staff and customers, and breaching contract conditions as he called for heavier regulation to finally bring the national carrier “to heel”.

Small, and Medium Enterprises (MSMEs). This is a first-of-its-kind comprehensive digital proposition that caters to the real, current, and emerging Transaction Banking needs of MSMEs. Neeraj Gambhir - Group Executive and head - Treasury, Markets, and Wholesale Banking Products, at Axis Bank, said, “The MSME Business Banking landscape is evolving rapidly, and there is a need for a comprehensive solution for all their Banking and Beyond Banking requirements.

Microsoft CEO Satya Nadella stated that Microsoft's Copilot-branded AI assistants will offer a seamless experience across various operating systems, applications, and devices. As an example, Microsoft demonstrated how a user can request Copilot to locate a flight booking from their text messages. “We’ve seen that the most magical and empowering moments people have experienced with AI is when it’s informed with the context that extends way beyond what’s in front of them.

Sukhdool Singh Gill, also known as Sukha Duneke, a notorious gangster-terrorist, embarked on his criminal journey in 2005, initially involved in minor criminal activities. Over the years, he rose through the ranks, establishing an extortion racket and carrying out targeted killings, all the way from his roots in the obscure Duneke village of Punjab's Moga district to Canada.

Booker Prize. Kenya-born Maroo's novel set within the context of the British Gujarati milieu has been praised by the Booker judges for its use of the sport of squash as a metaphor for complex human emotions.

Former ISRO Chairman G Madhavan Nair says, "Vikram Lander and Pragyan Rover have been in deep sleep for almost two weeks now. It is almost like checking out something from the freezer and then trying to use it.

A post shared by Amy Jackson (@iamamyjackson) Jackson has appeared in more than fifteen films and made her US debut in 2017 with Warner Brothers' television production of DC Comics' Supergirl as Imra Ardeen/Saturn Girl, shared a series of photos from a recent outing with her boyfriend Ed Westwick on Instagram. Her altered look, featuring prominent cheekbones and light eyes, prompted many fans to comment on her resemblance to Cillian Murphy.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd., says “one should not be getting euphoric in EMS space. The same thing applies to defence and railways stocks. We will have to keep a level head on this particular aspect. There is going to be growth. There is going to be opportunity. But at the same time, one should keep an eye on whether they will generate enough margin. Keep an eye on whether they generate growth beyond 20%.”In the case of PSU stocks, when you see price action, which is close to its free float, and then the government holding is tight, one would expect a lot of volatility.I probably do not want to disagree but I would like to say that the market has created a situation where in an election year, the government is not likely to divest public sector companies shares and as a result of which, the free float in the market is going to remain comparatively tight. As a result of which and because of the new funds which are coming into the market, people would like to buy something which they missed out till now. As a result, they would create a situation of buying into them.

As widely expected, the Fed’s Federal Open Market Committee (FOMC) decided to maintain its benchmark rate within a range of 5.25% to 5.5% on Wednesday. The central bank also did not rule out the possibility of a twelfth rate hike.

Investing.com-- Oil prices rose slightly in Asian trade on Friday as growing expectations of tighter supplies helped markets look past concerns over rising interest rates, which had battered prices this week. 

banking system credit grew 19.8% from a year ago in the fortnight ended 25 August. Net interest margins are averaging around 3.8%, below the 5% threshold, Patra said.