2020 Financial News

Nifty today suffered its biggest fall since March 2020 when the whole world was stressed about Covid-19. The headline equity index erased all gains made in the calendar year 2024 and fell below the 21,300-mark after vote counting for elections showed BJP may not win as many seats as the market had priced in. While Sensex fell up to 6,234 points during the day, Nifty bulls saw an erosion of nearly 2,000 points at day's low. On BSE, over 3,400 stocks fell with 745 hitting the lower circuit limit and 285 stocks touching 52-week low levels.

Lok Sabha Election Results 2024: Union Minister for Civil Aviation Jyotiraditya Scindia secured a victory against Congress candidate Yadvendra Rao Deshraj Singh in the Guna constituency in Madhya Pradesh. This constituency, long associated with the Scindia family, marks another political triumph for Jyotiraditya Scindia.

«See, markets have been rallying for the last four years since the bottom in March 2020, so one cannot ignore the fact that valuations are on the higher ground,» says Ravi Dharamshi, ValueQuest Investment Advisors. I thought you would be glued to your trading screen, you are in the studio, looking relaxed on a day like this. Probably for a trader it matters more, from an investor's perspective I guess policy continuity and political stability is in the bag and I do not think a few seats here and there is going to matter.

Delhi voted on May 25, Saturday BJP and the INDIA bloc partners pitted in a direct, one-on-one contest in all the seven Lok Sabha constituencies.

Two former Morgan Stanley financial advisors on Friday won a $1.1 million arbitration award against their old firm that centered on who controlled valuable deferred compensation money, the firm or the financial advisors.

assisted suicide despite being physically healthy. She had earlier sought the permission of the Netherland government to end her life after suffering from various incurable forms of mental health illnesses. Her request was approved in May. This has raised various issues surrounding the concept of ‘euthanasia’ and its related concepts.

Mission managers say last-minute computer trouble has nixed the latest launch attempt for Boeing’s first astronaut flight

A trio of ongoing pilot projects is helping Toronto-Dominion Bank use artificial intelligence to augment the work of its customer service agents, engineers and mortgage and insurance underwriters.

Golden Goose Group is seeking to list in Milan in an initial public offer (IPO) that could value the maker of $500 distressed sneakers at about €3 billion ($3.2 billion) including net debt. The company, the vast majority of which was bought by private equity group Permira for about €1.3 billion in 2020, is wooing investors as a luxury brand. But it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion.

Emirates urged Boeing to pick an engineering and business heavyweight to lead a deep overhaul of the U.S. aerospace giant and said the task of ending the planemaker's recent confidence crisis «must get done».

In spite of the highest Federal Reserve policy rates in two decades, the US economy grew about 2.5% last year, unemployment remains low and stocks are near all-time highs, leading many observers to conclude that the economy has become less interest-rate sensitive—and probably needs permanently high benchmark rates to prevent overheating. Consider the shift in attitudes in recent months.

Eminem is under severe criticism even as he recently released the first song titled “Houdini” from his upcoming album titled “The Death of Slim Shady”. The release of this song was on Friday at midnight. The singer is seen referring to the July 2020 shooting involving Meghan Thee Stallion and Tory Lanez.

Boeing’s first astronaut flight, the latest in a string of delays over the years. Two NASA astronauts were strapped in the company’s Starliner capsule when the countdown automatically was halted at 3 minutes and 50 seconds by the computer system that controls the final minutes before liftoff. With only a split second to take off, there was no time to work the latest problem and the launch was called off.

Xochitl Gomez who has been appreciated for her role in many films including ‘Doctor Strange in the Multiverse of Madness’ will soon be seen in a horror flick titled ‘Hive’ which will be directed by a rising star. Felipe Vargas shall be directing ‘Hive’. He is a Colombian-American filmmaker. The horror film is being shot currently and other details regarding the cast, and release date are still tricking down. This has been reported by ‘The Hollywood Reporter’.

Mike Tyson and Jake Paul has been postponed due to the heavyweight boxing champion's ulcer flare-up. New dates will be announced on June 7, reports 'New York Post'. The fight between the 57-year-old pugilist and the YouTuber-turned-boxer was scheduled to take place on July 20 at Arlington's AT&T Stadium, home of the NFL's Dallas Cowboys.

Donald Trump said on Friday his intention to challenge the guilty verdict that marked him as the first US president convicted of a crime.However, he indicated that he would wait until after his sentencing on July 11 to pursue this appeal; as reported by Reuters, he was speaking at Trump Tower in Manhattan, where he launched his initial presidential campaign in 2015, Trump reiterated his allegations that the trial was “rigged" attempt to hobble his comeback White House bid and warned that it showed no American was safe from politically motivated prosecution.“If they can do this to me, they can do this to anyone," Trump, 77, said in an unscripted 33-minute speech. Applauded by supporters, Trump, the Republican candidate in the 2024 election, took no questions from reporters.Also Read: Donald Trump convicted: Biden campaign echoes White House words, ‘no one is above law’; Trump calls himself ‘innocent’“We're going to be appealing this scam," he said.Trump will have 30 days from the date of his July 11 sentencing to file a notice of appeal.

Prince Harry and Meghan Markel’s recent visit to Nigeria may have been successful but it has only raised several questions about its purpose, protocol and other matters. While the visit was a PR success, it may have created tense moments for the members of the British diplomatic service and the security establishment. It is well known that such visits generally tend to create diplomatic incidents in the host country if they aren’t handled properly. Prince Harry and Meghan Markel, who were working royals before they decided to step down in 2020, visited countries at the invitation of the British Foreign and Commonwealth Office (FCO). Since they aren’t part of any of the royal duties anymore, the officials from the FCO heaved a sigh of relief. If otherwise, it would have given the local British diplomatic establishment which is an Embassy/High Commission, a headache as it becomes their responsibility to handle all issues arising from protocol, security, media and planning the entire visit.

OnePlus Nord 4 is set to debut in the third week of July, with the company planning an in-person event to unveil the new Nord phone.Previous media reports indicated that the OnePlus Nord 4 would be released in the latter half of 2024, which aligns with a potential July launch. This recent leak is the first to provide a specific timeframe for the Nord 4's launch.

GetVantage, an alternative-financing firm, said it invested in about 750 companies during FY24 mostly in consumer brands, which needed working capital without equity dilution amid funding winter. These include companies such as Zappfresh, Rage Coffee, WickedGud, KC Roasters and Proost among others. GetVantage saw a 71% repeat rate, offering founders flexibility in fundraising and repayments without equity dilution, it said.

Former Deutsche Bank employee and FINRA registered broker, Rashawn Russell, aged 28, has been sentenced to 41 months in prison for wire fraud and crypto fraud scheme that saw investors lose $1.5 million.

SME IPO of TBI Corn opened for subscription earlier today and will close on June 3. The company aims to raise about Rs 45 crore through the SME IPO and list the shares on the NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. 1) About TBI Corn