Beyond Financial News

Stocks declined for the third consecutive week. The outlook for stocks might further deteriorate since any remaining supportive flows from options expiration (OPEX) have been exhausted. According to GammaLab, the S&P 500 remains within a negative gamma regime, indicating that dealers will sell during declines and buy during periods of strength. However, of greater significance, this implies that volatility will likely remain heightened, thereby sustaining an elevated VIX.

A dual survey of U.S. wealth management and asset management professionals shows a strong expectation of recession in the coming months.

Priya Hiranandani, Vandrevala, Co-Founder, Vandrevala Foundation. The patriarchal nature of our social structure does not only give women a raw deal. It sometimes affects men unfairly too. Mental health issues concerning women have progressed in conversation in recent years. However, the mental health issues in men deserve more attention than what they currently get. The general stereotypes like ‘men are tough’ and are able to withstand more pain and stress can shift the focus away from their psychological well being. Priya Hiranandani, Vandrevala, Co-Founder, Vandrevala Foundation, a non-profit offering free psychological counselling and crisis mediation through a 24x7 available helpline for anyone going through depression, trauma, mood disorders, chronic illness, and relationship conflict, to name a few, along with paid long-term therapy options, talks about why we need to move beyond the men-versus-women debate when it comes to mental health.

Currently, the country's population stands at 1.4 billion, which is about 18 per cent of the global total. Businessman Nithin Kamath, who recently made it to the Forbes World's Billionaires List of 2023 with his business partner and brother Nikhil, shared a dangerous assumption that can hamper the founders and investors in the country. The assumption that a certain percentage of India's population will become customers due to a similar trend in developed countries is risky for founders and investors.

Morningstar report. This could be attributed to good performance in the domestic equity markets as well as strong net inflows from foreign portfolio investors (FPIs). According to the report, the value of FPIs' investments in Indian equities rose from USD 523 billion as of June 2022 to USD 626 billion at the end of June 2023.

The price of Shiba Inu (SHIB) has declined by as much as 3% in the past 24 hours, having dropped to $0.00000819 on a day when the cryptocurrency market has barely moved.

Food technology company ENOUGH, which has partnerships with Unilever and Marks & Spencer, has raised 40 million euros ($43.5 million), attracting investment despite signs of a slowdown in the alternative meat and protein sector. ENOUGH, which ferments fungi to produce protein for plant-based chicken, mince and dairy products, said the funding round was led by venture capital firm World Fund and CPT Capital, which was an early investor in Beyond Meat and has a stake in Upside Foods.

ChatGPT and the newest version of Microsoft’s Bing search engine. It’s the “shoggoth": an amorphous monster bubbling with tentacles and eyes, described in “At the Mountains of Madness", H.P. Lovecraft’s horror novel of 1931.

Fortescue will start building its $US2 billion ($3.1 billion) Australian iron ore mine and rail project within three years, according to regulatory filings that contradict chairman Andrew Forrest’s suggestion in February that the mine had been deferred until the 2030s.

New Delhi, Anand Vihar, Sarai Rohilla, and Old Delhi, have witnessed a notable increase in the retrieval of lost luggage this year. Data compiled by the Railway Protection Force (RPF) reveals a significant rise in the recovery of lost baggage, amounting to Rs 1.2 crore, until June across more than 13 stations in Delhi. This surge contrasts with the previous year's statistics, where lost items worth over Rs 64 lakh were reclaimed within the same period.

Vikas Khemani, Founder, Carnelian Capital Advisors, says: “Our average portfolio valuation is about 19-20 times PE and average portfolio growth is about 17-18%. That tells you that you are in this market also able to find growth stories with a reasonable valuation and with the ROC or ROE portfolio upwards of 17-18%. We are not really worried about the lack of ideas in this market.

International Cricket Council recently announced the two mascots for the ODI World Cup 2023 scheduled to be held in India from October this year. The event was held in Gurugram on August 19 in the presence of current captains of U19 World Cup winning sides, Yash Dhull and Shafali Verma. The two mascots originate from a distant cricket utopia called Crictoverse.

«I do not see that this should get a runaway valuation of say two times, three times. They need to prove as this one-and-a-half, Rs 1.6 lakh crore market cap itself is a lot of respect to the Reliance Group, I think beyond that it is a lot of hard work,» says Digant Haria, GreenEdge Wealth.Is there value in Reliance Jio after listing today because it will be listing at a market cap of about 1.7 lakh crore. Do you think there is value in that franchise?See, I just think that it is listed at a very fair price like one-and-a-half times of consolidated net worth.

volunteering trends, revealing substantial untapped potential for employee involvement in volunteering initiatives. The report emphasizes the benefits that such initiatives can bring to both employees and companies. According to the report, corporate India is sitting on a socio-economic opportunity worth Rs 7,500 crore through volunteering initiatives. The potential goes beyond mere Corporate Social Responsibility (CSR) funding, as both employees and companies can actively engage in developmental causes, imparting a substantial positive influence on society. With about 15 million white collar employees in India, a potential of 150 million+ hours can be volunteered annually by corporate India towards social & economic development. This would represent a significant socio-economic contribution of over Rs 7,500 crore, which can be unlocked by promoting volunteering in Indian corporates (30% of the overall CSR spending in India), potentially generating a 5x social return on investment for companies.

Federal Reserve's Jackson Hole symposium for a guide on where rates might settle when the dust of this hiking cycle clears. The dollar made a gain of 0.7% on the euro last week, inched ahead on the yen and surged by more than 1% on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.

Reliance Industries (RIL), shares of the recently-demerged company Jio Financial Services or JFSL will list on stock exchanges at 10 am today. On both BSE and NSE, the stock with the symbol of JIOFIN will trade in the T Group segment for the first 10 days.

nursery. I tell myself that hobbies need serious investment and this is what I’ll talk about this week. Coming from a generation that considered frugality as a virtue, it has taken several years for many of us to learn to spend with ease.

Addressing rumors that her appearance might be a result of cosmetic procedures, Theron confidently stated that any transformations her face has undergone are entirely organic. She humorously acknowledged the speculation by saying, «They're like, 'What did she do to her face?' I'm like… 'I'm just aging! It doesn't mean I got bad plastic surgery. This is just what happens.'» At 48 years old, Theron delved into the complex issue of the dual standards that society imposes on men and women concerning aging. She candidly shared her discomfort with the prevailing notion that «men kind of age like fine wines and women like cut flowers.» The face of Dior's J'Adore perfume, Theron also offered insights into her journey of seeing her own image on prominent billboards, revealing how her perspective on this has evolved over time. Theron, as a mother to her 11-year-old daughter Jackson and 8-year-old daughter August, has acquired a fresh outlook on beauty by observing the world through their young eyes. Beyond the alterations to her facial features, Theron recognized that aging has brought about changes in her recovery process following physically demanding stunt work in films like «Fast X.» Moreover, she acknowledged that her body's ability to regain its shape quickly after weight gain for roles like her performance in «Tully» has also been impacted by the passage of time.

NEW DELHI : Telecom service providers will pursue resolutions and reforms aimed at reducing sector-related litigation, totalling over ₹76,780 crore, arising from tax disputes and legacy matters, top executives said. Vodafone Idea Ltd chief executive Akshaya Moondra said in an earnings call with investors last week that a structural change was needed to prevent avoidable litigation.

NEW DELHI : The success of Shark Tank India on SonyLIV has triggered a rush for business reality shows by other streaming services as well, centred around small-town entrepreneurship and the concept of startups. Telugu over-the-top (OTT) service Aha has floated Nenu Super Woman for female entrepreneurs, while Amazon Prime has launched a series called Mission Start Ab.

NEW DELHI: Former Russian president Dmitry Medvedev has warned that the Russia-Ukraine conflict may end up dragging on for decades as the fight is an “existential” conflict for Moscow and a «fight for its very existence». According to a report by RT, Medvedev posted on social media stating that «Russia must destroy and fully dismantle the Ukrainian state that is a terrorist in its essence, making sure this filth never re-emerges again». Medvedev, who is currently deputy chairman of the Russian Security Council, wrote: “Should it take years or even decades, then so be it. We have no choice: either we will destroy their hostile political regime, or the collective West will eventually tear Russia to pieces. And in this case, it will perish with us. Nobody needs this." «Therefore, the only way is a complete dismantling of the state machine of the hostile country and absolute guarantees of loyalty for the future. They can only be provided by Russia’s control over everything that is happening and will happen in the territories of the former Banderite state. And we will achieve that,» he said. 'Western support will dry up' MORE STORIES FOR YOU✕« Back to recommendation stor