2024 Financial News

GANDHINAGAR : Adani Group chairman Gautam Adani on Wednesday announced a ₹2 lakh crore investment in Gujarat over the next five years, largely in setting up the world's largest clean energy project that will be visible even from space. The apples-to-airport conglomerate is building three giga factories for manufacturing solar modules, wind turbines and hydrogen electrolyzers. In Gujarat's Rann of Kutch desert, it is building the world's largest green energy park, covering 725 square kilometer.

Flipkart's Republic Day sale will grant early access to its Plus members on January 13, allowing them to seize the best deals before the general public. The sale will encompass a wide array of products, including mobile phones, laptops, tablets, smartwatches, earbuds, and smart TVs, among others. Fashion accessories, TVs, electronics, furniture, and mattresses are confirmed to receive up to 80% discounts, providing consumers with a diverse portfolio of brands to shop.

IB ACIO Admit Card 2024: In a latest update for IB ACIO aspirants, the Ministry of Home Affairs has announced the examination city details for the Assistant Central Intelligence Officer Grade–II/Executive (ACIO-II/Exe) position within the Intelligence Bureau. This crucial information is vital for the candidates as it outlines the cities where the examination for the said position is scheduled to take place. The total number of vacancies available for this position is 995. The Intelligence Bureau (IB) ACIO Exam for Grade 2/Executive is set to occur on January 17th and 18th, 2024. Candidates should expect the release of the IB ACIO Grade 2/Executive Admit Card approximately three days before the examination date. The official website of the Ministry of Home Affairs, www.mha.gov.in, will host the online release of the IB ACIO Admit Card, scheduled to be available by January 14, 2024.

outlook 2024 note. These positive trends in the equity market indicate a favorable economic environment and investor sentiment, likely driven by factors such as strong corporate earnings, economic recovery, and supportive government policies. As always, it's essential for investors to stay vigilant and monitor market dynamics for informed decision-making in the ever-evolving financial landscape.

Vodafone Idea," said analysts at the brokerage house. The analysts believe that the extent of the tariff hike might take the market by surprise and consider Bharti Airtel to be in the most advantageous position among Indian telecom operators to leverage this hike, given its larger base of high-end users. Shares of Bharti Airtel hit a 52-week high of ₹1,069 on in early deals today following the report.

World Bank’s latest Global Economic Prospects report. “Without a major course correction, the 2020s will go down as a decade of wasted opportunity," said Indermit Gill, the World Bank Group’s Chief Economist and Senior Vice President. “Near-term growth will remain weak, leaving many developing countries—especially the poorest—stuck in a trap: with paralyzing levels of debt and tenuous access to food for nearly one out of every three people.

India remains one of the best compounding markets in the region: NIFTY's 20% annual return last year ranks in the 62nd historical percentile over the past 3 decades, and is above the 14% average annual return in 2023 as per Goldman Sachs; Its 8th consecutive year of positive equity returns . Also Read- Goldman Sachs revises Nifty target to 23,500 for 2024, here's why 2. Record outperformance streak vs. MXAPJ- Record outperformance streak versus MXAPJ (MSCI Asia Pacific Ex Japan Index).it was the third successive year (only repeated once during 2005-07).

public sector undertakings, and public financial institutions. Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because they invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk. These schemes have become extremely popular after the troubles in the debt mutual fund space three years ago. The debt market was rocked by downgrades and defaults not long ago. Many conservative investors stopped investing in debt schemes because they were scared of getting back their money.

alliance INDIA bloc saying that it was created for pursuing ‘selfish motives’. This came amid reports that the INDIA partners opened talks to arrive at a seat-sharing deal for the upcoming general elections. Speaking to ANI, the minister said, “The INDIA alliance does not represent the convergence of like-minded political interests.

The cryptocurrency market never sleeps, and crypto influencers are already looking ahead to predict which new cryptocurrencies could pump in 2024. Three new projects—XAI, TIA, and NFP—are gaining traction among YouTube crypto experts who believe these new blockchain projects have huge upside potential this year.

The Financial Industry Regulatory Authority Inc. on Tuesday issued its annual roundup of concerns related to the retail wealth management industry, and in an update, the securities industry self-regulator said it was adding developments in “crypto assets” to its laundry list of major concerns for the brokerage industry.

Quiver Quantitative — In the dynamic world of finance, bond markets are presenting a fascinating scenario for 2024. Pacific Investment Management, managing a staggering $1.7 trillion in assets, foresees a unique opportunity in bonds. Despite the steep decline in yields from last year's zenith, Pimco's recent cyclical outlook predicts bonds can still yield equity-like returns in the coming six to 12 months. This period is expected to sustain recent gains in the bond market, albeit without further extension, diverging from their October recommendation to increase interest rate exposure.

The recent surge in Bitcoin (BTC) prices has prompted a revision of projections for 2024.

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

The year just beginning could be a watershed, with turning points in politics, economics and culture, provided common sense and moral clarity prevail both here and abroad.

The IRS has announced January 29 as the official start date of the 2024 tax season, and expects more than 128.7 million tax returns to be filed by the April 15 tax deadline

CES 2024 starts today in Las Vegas

Nirmala Sitharaman will present her sixth budget, and the last one before the general elections expected in April-May, on February 1. The Centre will seek to build on the growth momentum witnessed in the past two years without undermining fiscal discipline. ET looks at some of the key budget components: 1. Budget Size: This will be the most-tracked number ahead of general polls, as it will reveal the govt’s fiscal support to the economy and various welfare programmes.

Trish Stratus, one of the wrestling legends, contemplating retirement. Could the WWE Royal Rumble 2024 be the stage for Stratus to bid farewell to the squared circle? Trish Stratus's Brief Return and Unfinished Business

Solana price predictions are becoming more bullish with SOL having bounced back up above the key psychologically important $100 level.

In the fast-moving world of cryptocurrencies, we’re currently seeing a period where the prices of many digital coins are going up. This possible bull market is attracting all kinds of investors who are looking for the next big profit maker. There’s especially a lot of interest in new presales that haven’t been sold yet and meme coins, as they often offer the chance for quick and big profits.