2020 Financial News

AFP on 30 December. Earlier the former world number three, Dominic Thiem, was defeated by Nadal in the 2018 and 2019 French Open finals. Thiem, the Austrian professional tennis player, has also struggled with injury and fell to 352 in the world in 2022 following a right wrist tear.

Modi will visit Tamil Nadu and Lakshadweep on January 2 and 3 during which he will inaugurate and lay the foundation stone of multiple development projects, his office said on Sunday. On January 2, Modi will reach Tiruchirappalli in Tamil Nadu and will be the chief guest at the 38th Convocation Ceremony of Bharathidasan University, a statement issued by the Prime Minister's Office (PMO) said. At a public programme in Tiruchirappalli, the prime minister will lay the foundation stone of multiple development projects worth more than Rs 19,850 crore related to aviation, rail, road, oil and gas, shipping and higher education sectors. Modi will then reach Agatti in Lakshadweep where he will address a public function. On January 3, the prime minister will reach Kavaratti in Lakshadweep, where he will lay the foundation stone of multiple development projects in Lakshadweep related to sectors such as telecommunications, drinking water, solar power and health. At the programme in Tiruchirappalli, he will inaugurate the New Terminal Building at Tiruchirappalli International Airport. Developed at a cost of more than Rs 1,100 crore, the two-level new international terminal building has the capacity to serve more than 44 lakh passengers annually and about 3,500 passengers during peak hours, the statement said. Modi will dedicate to the nation multiple railway projects, including doubling of rail line section of 160 Km from Madurai-?Tuticorin and three projects for rail line electrification. The rail projects will help in improving the rail capacity to carry freight and passengers and contribute to economic development and employment generation in Tamil Nadu, the statement said. Modi will also dedicate to the nation five road

sexual harassment complaint against former WFI chief and BJP strongman Brij Bhushan Sharan Singh, a raft of cases related to the alleged excise policy scam involving Aam Aadmi Party (AAP) bigwigs, including Manish Sisodia and Sanjay Singh, the UAPA case against news portal NewsClick and the glaring breach in Parliament security, Delhi's district judiciary was a hive of activity in 2023. A special court dealing with the excise policy matters denied bail to former Delhi deputy chief minister Manish Sisodia in the alleged corruption and money laundering cases lodged by the CBI and the Enforcement Directorate, respectively.

performance since 2017, with the Nifty 50 and the Sensex rising by 20 per cent and 19 per cent respectively. Additionally, the midcap and smallcap indices significantly outshone the benchmarks, with the BSE Midcap index soaring by 46 per cent and the Smallcap index surging by an impressive 48 per cent.

India had recorded 865 new days on May 19. The number of daily cases had dropped to double-digits till December 5, but cases have again gone up after emergence of a new variant and cold weather conditions.

rose around 20 per cent in 2023, logging their second-best year since 2017. D-Street investors added a significant ₹81.90 lakh crore to their wealth in 2023 powered by a stellar rally in stocks. The bull run was supported by sustained domestic mutual fund inflows, foreign capital inflows, better-than-expected economic growth, and robust corporate earnings.

January

Vinesh Phogat left her Khel Ratna and Arjuna Awards on a pavement at Kartavya Path in New Delhi. Earlier this week, the wrestler though a social media post had said that she has decided to return her Khel Ratna and Arjuna award saying that such honours have become meaningless in the current situation where the grapplers are struggling badly for justice.

record-setting spree to surpass all the benchmarks and scaling a new all-time high in 2023 with its best annual performance ever despite higher interest rates and rising property prices. The country’s commercial capital has achieved a new peak in terms of both, registration of properties as well as state exchequer’s revenue collection through stamp duty charges. The maximum city has recorded total registrations of over 1.27 lakh real estate properties in 2023, making it the best year for property sales across primary and secondary market, exceeding last year’s peak by 4%. Total revenue collected through stamp duty rose 22% in 2023 to over Rs 10,850 crores, showed data from the inspector general of registration, Maharashtra. “The year 2023 witnessed a remarkable upswing for Mumbai’s real estate market as the city achieved its highest property registrations, driven by rising income levels, better affordability, and a positive homeownership outlook.

Lorraine ‘Lo’ StomskiSVP, Walmart Associate Learning & Leadership Furner met Stomski at company events after she joined Walmart in 2016 from a human-resources consulting firm. She suggested an “interesting, smart blend of using science and performance data," to make personnel decisions, he said. When Furner became CEO of Sam’s Club, he frequently turned to Stomski for data-driven advice on filling out what he thinks of as his “team roster." At a company with 2.2 million employees, “you can miss a lot," said Furner.

Endangered Species Act 50 years ago, more than 1,700 plants, mammals, fish, insects and other species in the US have been listed as threatened or endangered with extinction. Yet federal government data reveals striking disparities in how much money is allocated to save various biological kingdoms. Of the roughly $1.2 billion a year spent on endangered and threatened species, about half goes toward recovery of just two types of fish: salmon and steelhead trout along the West Coast.

labour reforms as part of efforts to further improve the ease of doing business and provide social security for the unorganised labour, particularly gig and platform workers, in 2024. Union Labour and Employment Minister Bhupender Yadav told PTI that his ministry will soon launch the «advanced version, namely NCS 2.0, to facilitate better job matching and search facility for jobseekers along with a recommendation engine for skilling by the use of latest technologies and leveraging Artificial Intelligence and Machine Learning».

India’s еconomic ascеnt prеsеnts еxciting opportunitiеs for invеstors. Oncе rеliant on forеign manufacturing and tеchnology, thе country is еxpеriеncing a rеmarkablе transformation, spеarhеadеd by advancеmеnts in domеstic capabilitiеs and a thriving еntrеprеnеurial spirit. This articlе еxplorеs two kеy sеctors poisеd for robust growth: manufacturing and tеchnology.

A Minnesota dentist is being sued for malpractice for allegedly “disfiguring” a patient by performing more than 30 procedures in a single visit.

₹1.21 lakh crore in 2022, foreign portfolio investors (FPIs) returned as buyers in 2023, buying Indian equities worth ₹1.65 lakh crore. This was the highest FPI inflow since 2020 when buying stood at ₹1.7 lakh crore. This came on the back of improving macros, markets on a record-high streak, declining inflation, hopes of a rate cut in 2024, and the possibility of the incumbent government returning for a third term in the general elections next year.

Read more Tata Consumer Products has now joined the ranks of listed Tata Group companies with a market capitalization exceeding ₹1 lakh crore, making it the sixth firm to achieve this milestone. Read more Domestic equity benchmarks the Sensex and the Nifty 50 ended the year's last trading day on a negative note, snapping their five-day winning streak, on profit-booking in select heavyweights even as the mid and smallcap indices ended with healthy gains.

BSE) are going to conduct special live trading session in equity F&O segment. The BSE and NSE aims to switch to DR site through this special live session. Both BSE and NSE will conduct two special live trading session on January 20, 2024.

equities in 2023 were the highest ever in a calendar year as optimism over the economy's prospects in a slowing world, the US Federal Reserve's signal that it will cut rates in 2024 and expectations of the Bharatiya Janata Party returning to power in the next year's general elections drove a flood of money into stocks here. Market watchers said overseas investors may be less enthusiastic about pumping similar amounts into Dalal Street in the new year with rich share valuations seen as the key deterrent to large allocations. Foreign portfolio investors poured ₹1,74,663 crore into the domestic stock market in 2023, bettering the previous record of ₹1,72,849 crore in 2020.

Emerging markets are set to close out 2023 with their best returns in years, as bets on bigger and faster US interest-rate cuts propelled a blistering late-year rally across the developing world. MSCI's benchmark stock gauge for emerging-market equities is on track for a 6.7% advance this year, snapping a two-year losing streak. Its currency equivalent index is headed for a 4.7% gain, its biggest yearly rise since 2017. On debt markets, bonds in emerging-market currencies are eyeing gains of 6.3%, the best since 2020, while dollar-denominated debt has reaped an 11% return, the most in four years. The cost of insuring exposure to emerging markets has also eased, with credit default swaps across 22 sovereign issuers sliding an average 72 basis points to levels last seen in September 2021.

MUMBAI : Fintech startups operating as non-banking financial companies (NBFCs) are increasingly turning to the bond market to secure funds for expansions due to the rising costs of bank borrowing. JM Financial reported that Fintech NBFCs raised ₹1,818 crore from the bond market in 2023, up from just ₹450 crore in 2022. Clix Capital and Krazybee raised over ₹300 crore, each.

Republican Rep. Lauren Boebert is shifting congressional districts to a more conservative seat on the opposite side of the state to improve her chances of staying in office