2020 Financial News

Also Read: Gold and silver prices Today on 14-03-2024 : Check latest rates in your city Here is more on why gold and silver can be considered in an investors’ portfolios. Investing in commodities requires an understanding of what drives gold and silver prices over the long term. Gold: The yellow metal is used mainly as jewellery and gold bars, apart from being considered for investment purposes as well.

Comfort Intech's share price has posted multibagger returns in the last 4 years, rising from ₹0.2 in March 2020 to around ₹9.25 currently. This implies a return of 3887 percent for its investors. An investment of ₹10,000 in this stock in March 2020 would have turned into ₹3.98 lakh now.

Epic Games, which makes the popular video game «Fortnite,» on Wednesday accused Apple of violating an injunction governing its lucrative App Store, and asked a U.S. judge to hold Apple in contempt and end its «sham» compliance. The companies have been battling in court since 2020, when Epic accused Apple of violating antitrust law by requiring consumers to obtain apps through its App Store, where it charges app developers up to 30% commissions on in-app purchases.

“We are up 4.4x since January 2020. A Rs 50 Lakh investment pre COVID in January 2020 would have become Rs 2.2 Crores as of 29th Feb 2024,” says Arihant Bardia, CIO and Founder, Valtrust. In an interview with ETMarkets, Bardia said: “We are 38% in large caps, 29% in mid-caps and 33% in small caps. This weight keeps changing every month during rebalance,” Edited excerpts: Thanks for being part of the segment. please take us through the performance of the funds so far in 2024 and for the calendar year 2023? In 2023, the Valtrust Momentum fund surged ahead with an impressive return of 59.1%, outperforming the broader market represented by the S&P BSE 500 TRI, which posted a return of 27.4%.

Antarctica sees first bird flu case, confirms scientists The professor said that H5N1 has spread in 26 countries since 2020 and mammals are falling victim to the virus. As many as 882 cases of bird flu were reported in humans across 23 countries in 2020, resulting in a worrying fatality rate of 52%, the report mentioned.

TikTok, which boasts millions of American users, citing national security worries linked to its Chinese parent company, ByteDance. As per the Bill, ByteDance would have to divest from TikTok within 165 days or leave America. Only if ByteDance opts to sell off its interests could the app continue its US operations.

beneficiaries of the PM SVANidhi scheme at JLN Stadium in the national capital on Thursday. According to the Prime Minister's Office, PM Modi will also distribute loans under the scheme to 1 lakh street vendors (SVs), including 5,000 SVs from Delhi on this occasion. The Prime Minister will also lay the foundation stone of two additional corridors of Delhi Metro's Phase 4 during the programme.

investment in the 'hybrid' category, which reflects activity in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), has climbed to $875 million so far in 2024, the highest in four years, fuelled by a recent infrastructure offering that attracted significant foreign capital. Data released by the National Securities Depository (NSDL) showed the increase in FPI investment in the hybrid category was primarily driven by $842 million worth of overseas investment in February. FPI investment was at $3 million in January, and it stood at $30 million in March so far, the data showed.

MUMBAI : Private sector lender Yes Bank Ltd is looking for a new promoter to sell up to 51% stake, and has hired Citigroup’s India unit to find a buyer, two people aware of the development said. The bank has also invited some Indian lenders, including some of its existing shareholders, to join as promoter. Yes Bank, India’s sixth largest private lender by assets, is seeking a valuation of $8-9 billion, which would be 20-25% above its current market capitalization of $7.2 billion, the people said on condition of anonymity.

U.S. lawmakers are threatening to ban TikTok but also say they are giving its Chinese parent company a chance to keep it running

Three and a half years after hundreds of tons of improperly stored ammonium nitrate ignited at the Beirut port, setting off one of the world’s biggest non-nuclear explosions, Lebanese and French officials have put forward a plan for reconstruction and ...

Britain has signed a trade agreement with Texas

Robotaxis are hitting the streets of Los Angeles

Some investors in a troubled Chinese trust fund are facing financial ruin under a government plan to return a fraction of their money back

The number of Canadians worried about defaulting on a mortgage or major loan payment rose in February, according to a long-running survey that tracks people’s financial outlooks.

Freed has raised $7.5 million in a fresh funding round, the company said in a release today. The round was led by Sanjay Nayar-backed Sorin Investments and early-stage venture fund Multiply Ventures, with participation from Piper Serica Fund and a few others.

Craig Bonthron, Neil Goddin, Jonathan Parsons and Ryan Smith had managed the fund since its launch in March 2021. They joined Artemis from Aegon Asset Management (formerly Kames Capital) in November 2020, where they managed the Aegon Global Sustainable Equity fund. Artemis seeks departure from TAR sector following Target Return Bond fund name and objective change Sacha El Khoury will take over as lead manager of the fund. She joined Artemis from Columbia Threadneedle in 2023, where she led the CT Sustainable Global Equity Income strategy.  She was also co-manager of the CT Susta...

₹200 crore or $25 million. The buyback will enable wealth-creation opportunities for about 1,700 current and former employees, the company said on Wednesday. "[The buyback] underscores our commitment to rewarding our teams, and we are pleased that despite the prevailing macroeconomic conditions, we persist in providing opportunities for wealth creation and nurture a culture of growth within the organisation," Meesho's chief human resources officer Ashish Kumar Singh said.

Rajnath Singh has approved a proposal for the expansion of the National Cadet Corps (NCC) with the addition of three lakh cadet vacancies. This decision comes in response to the growing demand for NCC enrolment from educational institutions across India. Since its inception in 1948 with just 20,000 cadets, the NCC will now have a sanctioned strength of 20 lakh cadets, solidifying its position as the world's largest uniformed youth organization. The inclusion of NCC as an elective subject under the National Education Policy 2020 aligns with the government's efforts to empower youth to become future leaders of the nation. The expansion plan aims to evenly distribute vacancies across all States and Union Territories, reducing the waiting list of institutions seeking NCC affiliation. It involves the establishment of four new Group Headquarters and the addition of two new NCC units.

Donald Trump, whose single turbulent term in the White House transformed the Republican Party, tested the resilience of democratic institutions in the U.S. and threatened alliances abroad, will lead the GOP in a third consecutive presidential election after clinching the nomination Tuesday. With wins in Georgia, Mississippi and Washington state, Trump surpassed the 1,215-delegate threshold needed to become the presumptive Republican nominee. He'll formally accept the nomination at the Republican National Convention in July, by which point he could be in the remarkable position of being both a presidential candidate and convicted felon. Trump has been indicted in four separate criminal investigations and his first trial, which centers on payments made to a porn actress, is set to begin March 25 in New York City.

As Indians increasingly opt for international holidays, especially after covid, the country’s airlines are following their flight trajectories. This has led to a sharp rise in the share of domestic airlines carrying passengers to global destinations from India, with growth rates to match albeit on a lower base. Experts say this trend is here to stay even as airlines focus on adding capacity to international routes to cater to rising demand.