Beyond Financial News

«We don't want an asset that doesn't come with a full wallet,» Rollins said, referring to a trend since the crisis where banks want customers who want loans to also bring them their deposits. «We know that we're going to continue to be fighting for the dollars.» Rollins' southeastern regional bank is not alone.

NEW DELHI : The Centre plans to tighten the stockholding limit on tur (pigeon pea) and urad (black gram) pulses and extend it by two months in a bid to check prices and boost domestic supplies until the arrival of fresh stocks. The government also plans to purchase farmers’ produce as well as imported masur (lentil) from the domestic market under the price stabilization fund (PSF) scheme, two senior officials said. The government slapped limits on the stocks of tur and urad dal in June to curb hoarding and speculation amid soaring prices.

Investing.com — Oil bulls pressed ahead Monday with the momentum they had gained in the past three weeks, closing in on the Saudi wish for triple-digit pricing, as markets awaited the Federal Reserve’s verdict on U.S. inflation creeping again from high energy costs.

As the Federal Reserve and central banks of England, China, and Japan ready for rate decisions this week, oil longs seem to have only concern: Keeping a barrel above $90 and adding to the gains thus far for September.

Mallikarjun Kharge recalled former prime minister Jawaharlal Nehru's contribution to Indian democracy in the Rajya Sabha on Monday, saying his outlook was inclusive as he took the opposition along and had laid the foundation of the Constitution. Participating in a discussion on the «Parliamentary Journey of 75 Years Starting from Samvidhan Sabha — Achievements, Experiences, Memories and Learnings», Kharge hit out at the BJP-led government over the issues of unemployment in the country and ethnic violence in Manipur. He asked the government what did it achieve by shifting the parliamentary proceedings to a new building. «Badalna hai to halat badlo, aise naam badalne se kya hota hai.

The Dogecoin price has gained by 0.5% in the past hour, with its move to $0.062421 coming as the cryptocurrency market as a whole recovers by 1% today.

Toncoin (TON) has exploded in recent weeks, after a huge project announcement saw the Web3 blockchain decouple from market downside moves, but with price now in retracement - is Toncoin going to zero?

MUMBAI (Reuters) — The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of easing price pressures in the economy.

Reserve Bank of India in its monthly bulletin flagged about looming concerns around a likely slowdown in global growth in 2024 after after outperforming expectations in 2023 so far. As such, tighter financial conditions may continue to prevail, it said. «The global economy could slowly be approaching an inflection point beyond which things will change to local growth booms but production inefficiencies worldwide.

Chandraprakash Padiyar, Senior Fund Manager, Tata MF, says “all parts of home improvement look quite attractive to us. Whereas it is more about company specific within the sector that you choose from for your portfolio. But if you look at the general growth trends for the overall sector, I would say that the next three-five years look quite interesting for the overall home improvement sector. Within our portfolio, we are more towards the plywood space and sanitaryware ceramics.”What are your thoughts on this valuation argument for the broader market versus the larger cap universe? The argument now coming out is that the larger cap universe is much more fairly valued and mid and smallcaps have run way ahead of fundamentals and hence the tilt should be towards the largecaps. Do you subscribe to this argument?On largecap versus mid and smallcaps, I also at this point in time, maybe for the next 12 months or so, belong to the same camp which says that there is reasonable valuation on the largecap side and a part of midcaps and small caps may have run beyond fundamentals for a short period of time.

The XRP price has dipped by 0.5% in the past 24 hours, taking it below its all-important $0.50 support level as the market remains largely flat today.

Indian Navy has placed orders for 68 warships and vessels valued at approximately Rs 2 lakh crore. As per a TOI report, this strategic move aligns with India's overarching goal of safeguarding its extensive geostrategic interests and countering China's expanding presence in the Indian Ocean Region (IOR). The Indian Navy, currently boasting 132 warships, 143 aircraft, and 130 helicopters, has received preliminary approval, known as 'acceptance of necessity' (AoN), for the construction of eight next-generation corvettes, nine submarines, five survey vessels, and two multi-purpose vessels within India in the forthcoming years. Despite grappling with the slow-paced construction in domestic shipyards, the phased decommissioning of aging vessels, and fiscal constraints, the Navy anticipates achieving a force level of approximately 155-160 warships by 2030. However, the figures remain dynamic.

Faridabad, a vibrant city located in the northern Indian state of Haryana, has undergone a remarkable transformation in recent years. While it was traditionally known for its strong industrial and manufacturing sectors, it has now evolved into a thriving hub for luxury housing.

Deakin University and Symbiosis International (Deemed University) SIU, a institute of higher education aims to enhance their collaboration to provide more opportunities for Indian students in liberal arts and business administration/analytics. They’re introducing dual degree and accelerated master’s programmes to offer a more global educational experience, according to an official statement.

Delhi Model Virtual School (DMVS) is redefining the virtual learning experience by not only conducting online classes but also offering students a taste of the traditional school environment. This innovative approach includes morning assemblies organized and led by students, guest lectures emphasizing life skills and humanitarian values, and a diverse range of interactive sessions. Students like Aditi Gupta, a Class X student who joined DMVS in its inaugural batch, praise these assemblies as an improvement over her previous school experiences.

Aditya-L1, India's first space-based solar observatory, has begun collecting scientific data, the Indian Space Research Organisation (Isro) announced on Monday morning. The sensors of the Supra Thermal & Energetic Particle Spectrometer (STEPS) instrument have begun measuring supra-thermal and energetic ions and electrons at distances greater than 50,000 km from Earth, the space agency said. This data helps scientists analyse the behaviour of particles surrounding Earth.

Sales of additional shares in listed companies in the country have surpassed $10 billion this year, more than the tally for all of 2022, according to data compiled by Bloomberg. The momentum can sustain into next year and beyond as owners of Indian companies are keen to raise funds for other investments, said Abhinav Bharti, India head of equity capital markets at JPMorgan.

Whitehaven Coal has confirmed it is in the running to acquire BHP’s major Daunia and Blackwater coal mines in Queensland after a major investor alleged the company had selectively briefed some of its shareholders and suggested the market was “misinformed”.

Madanagopal Ramu, fund manager and the head of equity at Sundaram Alternate Assets believes the rich valuations in specific segments of mid and small-cap space are the biggest risk for the markets. In an interview with Mint, he said one can hold some cash at this time and invest in stocks with long-term growth potential during corrections. Crude price historically is a short-term cyclical factor and a difficult one to judge. We always see market corrections due to crude, typically, as an opportunity to invest and in portfolios, we make use of this correction to invest in some good opportunities, which we would’ve stayed away from due to valuations.

solar panels and controlling nuclear-fusion reactions—are all turning to AI in order to augment or accelerate their progress. The potential is enormous.

Narendra Modi unnecessarily after Chhattisgarh deputy chief minister T S Singh Deo apologised suo motu for complimenting Modi at an event in Raigadh on Thursday. Last week, after sharing the stage with PM Modi, Deo said, "You have come here today to give something. You have given a lot of things to Chhattisgarh.