Record News
22.12 / 18:21
22.12 / 18:18
22.12 / 17:45
Record $1.3 trillion inflows to cash in 2023 - BofA
All asset classes experienced outflows in a week to Wednesday, including the largest withdrawal from stocks since December 2022, according to data from BofA citing EPFR Global data.
22.12 / 17:42
Target
Reuters
Occidental
performer
inflation data
Wall St rises after soft inflation data; Nike slides
By Johann M Cherian and Shristi Achar A
22.12 / 16:45
IPO
Target
CEO
Strategy
Ola Electric files DRHP with SEBI to raise ₹5,500 crore via IPO
₹5,500 crore through an initial public offering (IPO). This will be the first IPO by a two-wheeler maker in India since the debut of Bajaj Auto in 2008.
22.12 / 16:35
22.12 / 16:03
FIVE
Extreme
Southern
information
reports
Department
Nirmala Sitharaman counters Tamil Nadu govt's charge over IMD weather prediction
Tamil Nadu government's claim of a delay in issuing warning over rainfall in the state by IMD, Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday said the Regional Meteorological Centre (RMC) in Chennai is a state-of-the-art facility and it had forecast heavy rains in the southern state well in advance. She said this in response to the charge by Chief Minister M K Stalin that India Meteorological Department (IMD) had failed to issue timely warnings about the extreme rainfall that battered Tuticorin, Kanyakumari, Tirunelveli, and Tenkasi districts. Attacking the DMK government, Sitharaman sought to know what kind of measures it took when the weather office predicted heavy rainfall.
22.12 / 15:46
Entertainment
vaccine
country
social
fun
prevention
Christmas: Britishers advised to adopt 'no hugging or kissing' rule. Everything about it.
Christmas is a festival full of fun and frolic, vacations, entertainment, and all kinds of merry-making and meeting people. People across the world wait for this festival, but the Britishers have been advised to «avoid hugging» people this Christmas. They have also been asked to «wear masks» during this period while a 100-day cough makes its way around the country. After new figures revealed that whooping cough has seen an increase of 250% from last year, Virologist Professor Richard Tedder has advised the people. 'No hugging or kissing' rule
22.12 / 14:17
Provident
Progressive
CEO
Fighting
show
Department
Fed's favorite inflation gauge cooled more than expected in November
QI Research CEO and chief strategist Danielle DiMartino Booth and UBS Private Wealth Management managing director Alli McCartney discuss the Fed's inflation plan for 2024 on 'Making Money.'
22.12 / 13:54
22.12 / 13:35
IPO
Manufacturing
Experts
performer
stage
testing
Transformers and Rectifiers share price zooms nearly 20% to hit all-time high; what's behind the rally?
Transformers & Rectifiers India (TRIL), one of the leading manufacturers of transformers, have skyrocketed 19.6% in today's trade to record a new lifetime high of ₹226 apiece. This impressive rally was attributed to the company's successful completion of a dynamic short circuit on 105 MVA Transformer. “Transformers and Rectifiers has successfully completed the most stringent ‘Dynamic Short Circuit Test’ on 105 MVA, 400/√3/220/√3/33 kV class single phase auto transformer, forming a bank of 315 MVA.
22.12 / 12:15
22.12 / 09:38
FIVE
Reuters
track
country
2024
Japan finalises record $54 billion defence budget for fiscal 2024
Japan on Friday finalised its record 7.7 trillion yen ($54.25 billion) defence budget for fiscal 2024, the second consecutive year in which the country increased defence spending by about a trillion yen from the previous year. The approved budget keeps Japan on track to boost military spending by 43 trillion yen over five years as it seeks to bolster defences in a complex security environment with an increasingly assertive China and unpredictable North Korea. The 2024 budget for the year starting April represents an increase of about 17% from the previous year's spending of 6.6 trillion yen. It includes over 200 billion yen to strengthen cyber capability as well as funding to start building ballistic missile defence warships with Aegis combat systems, the defence ministry said, estimating the cost per vessel at about 400 billion yen. A collapse in the yen has complicated Japan's defence build-up, sources previously told Reuters, forcing the government to initially reduce its defence procurement plan as the currency has lost 10% of its value against the U.S.
22.12 / 09:35
Citi
Death
Winter Olympics
country
China air pollution worsens in 2023, first time in decade: Study
air pollution worsened in 2023, the first time it has done so in a decade, a study released on Friday said. «2023 is the first year that China's national average PM2.5 level has increased year-on-year since the beginning of China's 'war on pollution' in 2013,» a study by independent research organisation the Centre for Research on Energy and Clean Air (CREA) said.
22.12 / 08:52
Digital
Experts
recommendations
2023 in review- Indian Hotels, EIH, Lemon tree share price see gains of up to 41.5%, Chalet share price doubles.
Indian Hotels Company , EIH , Lemon Tree Hotels while have risen to 40.5% during 2023 till date while Chalet Hotels has seen its stocks price almost grow two times. Indian Hotels and Chalets Hotels are trading near 52 week highs scaled during December.
22.12 / 08:50
Provident
Target
Strategy
Nestle
Colgate-Palmolive
innovations
2023 in Review: Nifty FMCG soars 25%; 3 stocks jump over 50%, only 1 in the red
Dabur India), gave positive returns in the current calendar year with 3 rallying over 50 percent. Varun Beverages was the top gainer, surging almost 87 percent in 2023, followed by Radico Khaitan and Colgate-Palmolive, which soared 58 percent and 56 percent, respectively. Meanwhile, ITC, Tata Consumer Products, Nestle India, United Spirits, Godrej Consumer, and Britannia Industries advanced between 20 and 37 percent each.
22.12 / 08:47
Manufacturing
Remark
country
reports
Department
fall
Polycab India shares fall over 5% on reports of Income Tax Department raids at 50 company locations
Polycab India declined over 5 percent in intra-day deals on Friday following searches conducted by the Income Tax Department's investigation wing at nearly 50 locations connected to the company across the country. Reports indicate that residences and offices of top management associated with the cables and wire manufacturer were also subject to raids. The specific reasons behind the Income Tax Department's searches and the nature of the investigation remain unclear at this point.
22.12 / 08:46
Experts
performer
reports
recommendations
Adani Wilmar shares surge over 5%; here's why
Adani Wilmar, one of the largest edible oil and food processing capacities in India, rallied 5.2% to ₹369.70 apiece in today's trade. The positive momentum stemmed from reports that India will allow the import of edible oils at lower import tax rates until March 2025. "The lower import duty structure on crude palm oil, crude sunflower oil, and crude soy oil was originally set to expire in March 2024.
22.12 / 07:24
Blockchain
Provident
Platform
Remark
track
innovations
2024
Top 5 Defi tokens to lookout for in 2024
That said, keep a closer eye on Retik Finance (RETIK), a newly launched project that is developing a comprehensive ecosystem and building a wide range of decentralised products that will continue to resonate with millions of people worldwide.
22.12 / 07:23
economy
President
Domestic jewellery consumption likely to grow 10-12% in FY24: ICRA
jewellery consumption growth (in value terms) for FY2024 to from 8-10% estimated earlier, according to ICRA's revised estimate. The revised growth is primarily driven by the rise in gold prices.
22.12 / 05:56
Provident
Citizens
Assurant
performer
track
Gold vs Grey Hair: Are sovereign gold bonds a wise investment choice for senior citizens?
sovereign gold bonds (SGBs), considered suitable for risk-averse senior citizens who prioritize assured regular income and minimal capital risk. The past eight years have proven to be notably favourable for SGBs, showcasing their capacity for providing both consistent income and capital appreciation. Let’s delve into a detailed examination of their performance: Average annual return: Over the past eight years, SGBs have yielded an average annual return of approximately 13.7%.
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