Beyond Financial News

Park Avenue Securities has unveiled a new division aimed at strengthening its emphasis on its wealthy clientele’s financial well-being.

Shapoorji Pallonji Group company Goswami Infratech has approached bond investors to tweak a debt covenant to avoid a higher interest outgo. In mid-2023, Goswami Infratech raised Rs14,300 crore zero coupon bonds maturing in April 2026, offering 18.75% as a redemption premium. These bonds also have a so-called most favoured nation (MFN) clause, which says that if any Shapoorji Pallonji (SP) group affiliate borrows at a higher rate after May 26, 2024, Goswami Infratech will have to offer the same return to its bondholders.

bones, mental health-related issues and weak limbs? One of the main factors could be due to Vitamin D deficiency. Now, a leading fitness Doctor from the UK has explained the benefits of this important Vitamin in preventing dementia and Colon Cancer. This has been reported by ‘Mirror’ in the UK.

By Rahul Pandey

NTA CUET UG Admit Card 2024 Out: The National Testing Agency (NTA) has officially released the admit cards for the Common University Entrance Test Undergraduate (CUET UG) 2024 on the designated official websites – exams.nta.ac.in, nta.ac.in, and cuetug.ntaonline.in. It is recommended that candidates intending to participate in the forthcoming examinations promptly review and procure their admit cards to prevent any potential delays.

Overseas education is an enriching, life-changing experience for a student. It’s an opportunity to think outside the box and explore beyond. Undoubtedly, studying abroad opens the door to a global network and enhances a person’s career chances. What remains the question here? Is it possible for a middle-class scholar to achieve and live this dream?

Chetan Chandra became a victim of mob violence. The ‘Premism’ actor was attacked by a rowdy mob when he was on a family outing, on Sunday. The actor took to Instagram and shared a clip of the harrowing experience and explained that he had been attacked by the group when he and his mother were returning from a temple at Kaggalipura, Bengaluru. One of them had also damaged his car beyond repair.

Mint had reported that Accenture, which earns twice as much as TCS in annual revenues, had taken a swipe at TCS’s digital offerings under Business 4.0, via its digital solutions platform, Accenture X.O. “Stop playing catch-up and start applying digital at the core of your business to reinvent for a new era of industry. Go beyond Industry 4.0: If you think Industry 4.0 is the epitome of industrial digitization—think again.

media personality and momager Kris Jenner has firmly dispelled any notions of retirement during a recent interview with James Corden on SiriusXM’s This Life of Mine. With a work ethic that surpasses even the most industrious, Jenner, at 68, shows no signs of slowing down, drawing inspiration from her mother's dedication to work.

₹98,000 crore in the first three-quarters of FY2024 and are likely to exceed ₹1.3 trillion by FY24-end. "The Centre expects dividend income from the RBI during FY25 to remain consistent, at the same level or slightly more as compared to the last year," the first person mentioned above said, requesting anonymity. "The dividend from PSBs are expected to be over ₹15,000 crore during FY25," the person added.

Prime Minister Narendra Modi’s recent comments regarding the appreciation of LIC share prices have captured widespread attention. Shareholders are rejoicing the high market value of LIC shares, anticipating favorable returns should they decide to liquidate their holdings. However, amidst this excitement, an important point is being overlooked: the purpose of life insurance extends beyond seeking short-term returns from its shares. Due to its unique nature, which differs from other investment products, the public often undervalues and misunderstands life insurance.

Akshaya Tritiya 2024: Akshaya Tritiya, a significant spring festival for the Hindu and Jain communities, is being celebrated today across the country. Buying precious assets, including gold, on this day has cultural significance. Traditionally, people have been buying physical gold on Akshaya Tritiya every year, but with each passing year especially in the wake of the arrival of new ways of gold investment, this pattern has been changing slightly.

Lok Sabha Elections 2024: Ahead of the fourth phase of the 2024 Lok Sabha Elections, Prime Minister Narendra Modi is optimistic about his government winning a record third term in power. In an interview with Hindustan Times’ R Sukumar, Shishir Gupta, and Sunetra Choudhury, Modi elaborated on his government's accomplishments and visions for India's future. He also shared his party's agenda if they win the general elections.

Insanity Bets ($IBET) has gone viral with its $1M presale jackpot.

Mother's Day is a beloved global holiday celebrated to honor mothers, motherhood, and maternal bonds. The tradition of honoring mothers has roots in ancient Greek and Roman societies, where special events were held to pay tribute to motherly deities such as Rhea and Cybele. These festivities included feasting, making offerings, and conducting ceremonies to celebrate motherhood and fertility. The modern concept of Mother's Day, as we know it today, is largely credited to Anna Jarvis, an American activist who campaigned for a dedicated day to honor mothers. After her mother's passing in 1905, Jarvis advocated for a national holiday to recognize mothers and their contributions to society. In 1908, Jarvis organized the first official Mother's Day celebration at a church in West Virginia. She distributed white carnations, her mother's favorite flowers, as a tribute to all mothers. The idea gained popularity, and in 1914, President Woodrow Wilson officially designated the second Sunday in May as Mother's Day, a national holiday in the United States.

Mother's Day, consider giving your mother a gift beyond mere material pleasure: a monetary investment. Whether fixed deposits, mutual funds, or stocks, these financial instruments provide immediate joy and long-term benefits. “As a seasoned professional in financial markets, I understand the importance of choosing gifts that offer both sentimental and economic value.

Solana (SOL/USD) is trading at $145.88, experiencing a minor decline of 1.50% in the last 24 hours. Amidst this fluctuation, CEO Anatoly Yakovenko shared a bullish outlook for Solana‘s role in the Web3 space at the Solana Crossroads 2024 conference.

ALSO READ: Mother's Day 2024: Ten financial tips for empowering mothers on this day, May 12 In Indian movies it can be often seen that mothers treat their children like best friends. Here are five Bollywood movies that children can watch with their moms on the Mother’s Day – Mimi, a 2021 Hindi language film directed by Laxman Utekar, was a remake of the 2011 Marathi film Mala Aai Vhhaychy! The film revolves around main character Mimi (played by Kriti Sanon), a surrogate mother. She carries the child of an American couple.

financial independence. Here are a few of those fundamental lessons I’ve learnt from my mother that would resonate with anyone raised in an Indian household. One of the earliest money lessons I learned from my mother was the importance of distinguishing between needs and wants.

The Courtyard by Marriott Aravali Resort with exclusive offers for 'valued' corporate clients, while the Four Seasons Mumbai is aiming to be 'the business traveller's choice' with curated business traveller package that it claims goes 'above and beyond' and includes complimentary sparkling wines on arrival and half an hour spa treatments. Travel and hospitality companies said they are witnessing clear shifts in the requirements of India's new-age business traveller, moving several notches beyond mere hotel accommodation. The demand for personalised amenities and services is going up and is being catered to. Satyajeet Krishnan, area director, operations and general manager, Taj Mahal Hotel, New Delhi said business travel — both individual and in groups — has seen a significant rise over last year. The hotel is running customised offers for lawyers, and diplomats on transfer, and there is a food and beverage (F&B) focus on express lunches and group dining offers, too.

Congress responded strongly to the Election Commission's sharp disapproval of the tone and tenor of party president Mallikarjun Kharge's recent letter to the INDIA bloc leaders. The AICC said the content and the intent of the letter will be a permanent blot on the reputation of the institution of EC. «The response of the Election Commission of India (ECI) to the issues raised by the Congress President in his letter to the INDIA parties is simply beyond description. The EC is a Constitutional body entrusted with the responsibility of being an impartial body that ensures, and is seen to ensure, a level-playing field to all political parties. Both the content and intent of the letter will be a permanent blot on the reputation of an institution that can boast of luminaries like Sukumar Sen, TN Seshan, JM Lyngdoh and others», said Jairam Ramesh, AICC in-charge of communications.