2020 Financial News

Aashish Somaiyaa, CEO, WhiteOak Capital AMC, says financial services have seen some significant gains in the capital markets over the past three to six months and remain a pocket of safety. WhiteOak has been leaning heavily into this sector. When it comes to IT, they are focusing more on small and midcap companies, especially those serving BFSI clients. They also look at consumer stocks selectively since they invest across various sectors without any specific bias. They are still heavily invested in industrials and manufacturing. Somaiyaa says typically, a change of macros is accompanied by a change of style, sector and market cap and that is what we are witnessing right now. What exactly is happening in the auto space? There was a time when everyone was only singing one tune that auto is a one-way street and that upward momentum is coming in. There was a lot of demand on the ground. But right now, it is the opposite. We are seeing high inventory levels for most of these auto players at the dealership levels. The sales are also not picking up. What is the take coming in the auto sector? How should one read through all of this data while investing in the sector, which is very crucial for the economy? Aashish Somaiyaa: We have to see the entire five-year period.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Donald Trump vs Kamala Harris US Presidential Debate 2024 LIVE Updates: The first and only televised debate between Republican Donald Trump and Democrat Kamala Harris, ahead of the US Presidential elections 2024, is all set to take place at the National Constitution Center in Philadelphia (6:30 am IST) on Wednesday, September 11. Stay with LiveMint for Donald Trump vs Kamala Harris debate LIVE Updates.In the first US Presidential 2024 debate between the two candidates, Donald Trump said he would contrast the left-wing policies Kamala Harris proposed in her failed 2020 presidential bid with the more centrist positions she has staked out now.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Kamala Harris and Donald Trump will face each other for the first time on Tuesday night in a debate that may be their only one. It offers a critical chance for both to present their contrasting visions after a chaotic campaign season. Americans will get a clearer picture of how the race has shifted since the previous debate in June. This debate follows Biden’s decision to withdraw from the race in July, endorsing Harris. Biden’s exit came after facing backlash from Democrats due to his performance in the June debate. Harris now has a rare chance to present herself as a steady hand for the future.

Paris 2024 Paralympic Games, marking a new chapter in the nation’s sporting history. With a total of 29 medals, including seven gold, nine silver, and 13 bronze, India secured 18th place among the participating nations. This achievement reflects the progress and determination of the athletes, as well as the support from the government, the Paralympic Committee of India (PCI), and the dedicated coaching staff. Breaking Records and Setting New Standards India’s para-athletes not only secured medals but also shattered world, Paralympic, and Asian records. In archery, Sheetal Devi surpassed previous world and Paralympic records, missing the new record by just one point. In athletics, Sumit Antil set a new Paralympic record with a javelin throw of 70.59m, while Sharad Kumar, Dharambir, and Sachin Khilari broke records in high jump, club throw, and shot put, respectively.

Harvey Weinstein, the ex-film mogul serving time in New York, underwent an emergency heart procedure on Monday after experiencing chest pains. Weinstein, 72, was taken from Rikers Island jail to Bellevue Hospital on Sunday due to severe medical conditions, according to his representatives Juda Engelmayer and Craig Rothfeld.

Former Canadian fashion mogul Peter Nygard has been sentenced in a Toronto courtroom to 11 years in prison for sexually assaulting four women

White House should she win the state, he expressed his opinions in an interview.

Investigation Agency (NIA) said its probe into the Bengaluru blast case revealed that the four accused, charged on Monday, made a failed improvised explosive device (IED) attack on the Karnataka BJP office on the day of the consecration ceremony at Ayodhya on January 22. The module used dark web and cryptocurrency to fund their mission and later the IED was planted at Rameshwaram cafe on March 1, resulting in injuries to at least nine persons, it said.

Former fashion mogul Peter Nygard has been sentenced to 11 years in prison for sexual assault convictions in Toronto from the ’80s to mid-2000s.

If free speech is a measure of a modern liberal democracy, Brazil is in trouble. A crackdown on expression and the denial of due process for those who contradict the state’s version of the truth dates back to 2020. Now it’s getting worse.

Kamala Harris and Donald Trump. A massive television audience is expected to tune in Tuesday to watch Democrat Harris, the current US vice president, go toe to toe with Republican former president Trump over what both are calling the most important election of modern times. AFP has spoken to several American voters on the campaign trail, and — no surprise here — people by and large believe the flagbearer of their party will prevail in the face-to-face showdown.

Hexaware Technologies has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹9,950 crore through an initial public offering (IPO). The IPO will entirely be an offer for sale from CA Magnum Holdings, an affiliate of private equity firm Carlyle Group. Hexaware is a global digital and technology services company with artificial intelligence (AI) at its core. It offers five broad services — design & build, secure & run, data & AI, optimise, and cloud services. Hexaware was delisted from the Indian bourses in 2020.

Although it has been nearly four years since hurricanes Laura and Delta decimated southwest Louisiana and caused an estimated $22 billion in damage nationwide, some residents say they are still far from recovery

Mel Gibson's suspense thriller, Flight Risk, starring Mark Wahlberg. Originally set for October 2024, the film is now slated to premiere in January 2025.

SlateStone Wealth chief market strategist Kenny Polcari reacts to August’s unemployment rate during an appearance on ‘Varney & Co.’

Sarah Poontong, 49, became a U.S. citizen late last year and quickly registered to vote, reflecting a notable trend. Asian American, Native Hawaiian, and Pacific Islander voter registration surged by 43% from January to June 2024, according to APIAVote and TargetSmart. This growth outpaces that of other racial groups. The increase is driven by a rise in naturalized immigrants, young Asian Americans reaching voting age, and intensified get-out-the-vote efforts. Between 1960 and 2019, U.S. immigration from Asia grew 29-fold, and Asian immigrants are more likely to become naturalized. Since 2020, this group has become the fastest-growing segment of eligible voters.

Although it has been nearly four years since hurricanes Laura and Delta decimated southwest Louisiana and caused an estimated $22 billion in damage nationwide, some residents say they are still far from recovery

AFPI chief economist Michael Faulkender provides insight on the U.S. economy on Kudlow.

feline staff members are as integral to the team as their human counterparts. At Qnote Inc., a system engineering firm based in Tokyo’s Suginami Ward, this is a reality. The company has 11 "cat employees," each with a unique role that goes beyond the usual office antics. From providing comfort to their human colleagues to enhancing the company’s public image, these cats have become an unexpected but beloved part of the workforce. The feline roster includes characters like department heads and division chiefs, roles that may sound whimsical but have a tangible impact. The story of these cat employees began in 2004, just a year after the company’s inception, with the adoption of Futaba, a female cat who had previously lived in foster care at a local sushi restaurant. The integration of cats into the office environment has brought several benefits. They help foster better communication among human staff by encouraging interaction through their care and playful disruptions. According to Yuki Igarashi, a non-feline employee, «Having the cats around adds just the right amount of change to our routine. It’s a delightful break from being glued to our computers all day.»