Action Financial News

Industry executives said a reduction in retail prices may not be possible till March, when mustard crop harvest begins. «The ministry of consumer affair has expressed that the MRP on oils like soyabean, sunflower and palm oil have not been reduced to the extent of decrease in international prices,» said Ajay Jhunjhunwala, president of Solvent Extractors' Association of India, in a letter addressed to association members on Tuesday.

A Russian national has been sanctioned by the U.S., U.K. and Australian governments for his role in a cyber attack that compromised the personal details of more than 10 million Australians

A Filipino fishing boat captain is protesting the Chinese coast guard’s aggression in the disputed South China Sea where he asserts that Chinese officers forcibly drove him and his men away from a disputed shoal

Hrithik Roshan, Deepika Padukone and Anil Kapoor starter Fighter, the much-awaited Bollywood action flick, is all set to hit the big screen on Thursday, January 25. The movie has been generating a lot of buzz since the announcement of its launch. Fighter— directed by Siddharth Anand, who is known for Bollywood movies 'War’ and ‘Pathaan’—has become a new sensation after the release of the trailer.

It was not a great day for my day-trading experiment as I got stopped out of my Russell 2000 long position. Still, it was the Russell 2000 that banked the best gain of the day.

Yemen's Huthis on Tuesday over their attacks on Red Sea shipping, as the Iran-backed rebels vowed to hit back. The latest raids, heard by residents of the rebel-held capital Sanaa around midnight (2100 GMT), hit eight Huthi targets, a joint US-UK statement said, while the Huthis listed 18 strikes across their territory. US and British forces carried out a first wave of strikes against the rebel group earlier this month, and the United States launched further air raids against missiles that Washington said posed imminent threats to both civilian and military vessels. But the Huthis have vowed to continue their attacks — just one part of a growing crisis in the Middle East linked to the Israel-Hamas war, which has raised fears of a broader war directly involving Iran. The latest strikes were against «eight Huthi targets in Yemen in response to the Huthis' continued attacks against international and commercial shipping as well as naval vessels transiting the Red Sea», Washington and London said in a joint statement with other countries that supported the military action. «These precision strikes are intended to disrupt and degrade the capabilities that the Huthis use to threaten global trade and the lives of innocent mariners,» the statement said. The US Central Command said in a separate statement that the targets of the strikes «included missile systems and launchers, air defence systems, radars, and deeply buried weapons storage facilities». — Attacks won't go 'unpunished' - British Foreign Secretary David Cameron said the Huthis had carried out more than 12 attacks on shipping since the first wave of joint strikes on January 11. «What we have done again is send the clearest possible message that we will

Tech Mahindra is expected to see a sequential decline in revenue in the December quarter due to weakness in the communication vertical segment and higher furloughs. The company will report its third earnings on Wednesday, January 24.

Dementia India Alliance (DIA) have signed a Memorandum of Understanding (MoU) to collaborate on advocacy, outreach, training, research work and support services for dementia care. According to Bengaluru-based NIMHANS, a premier institute for mental health and neuroscience in India, the collaboration aims to improve the overall quality of life of persons with dementia and their family caregivers through various modalities, they said.

National Medical Commission (NMC) has urged the states and UTs to do away with the seat leaving bond policy in medical colleges to create a supportive environment for students and help address their mental health concerns. The NMC's Anti Ragging Committee recently recommended that instead of imposing a heavy seat leaving bond, states may consider debarring students who wish to leave the seat from admission in their state the next one year.

Prohibitory orders have been clamped in Wadi town in Karnataka's Kalaburagi district following a quarrel during a Lord Ram idol procession, police said on Tuesday. The prohibitory orders under CrPC section 144 which will remain in force until 6 am on January 25 have been issued as a precautionary measure to maintain law and order and prevent any untoward incident, they said. According to the police, a quarrel took place during the procession following an alleged stone-pelting incident on Monday between two groups.

Kerala government has announced that it will consider the absence of government employees participating in Wednesday's one-day strike as unauthorised and deduct one day's pay from their February salary, a TOI report stated. A group of state government employees, supported by opposition employee unions, has decided to go on strike on Wednesday. They are protesting against the delay in receiving dearness allowance arrears and other benefits. The government's decision regarding unauthorised absence was issued by the general administration department.

Zee Entertainment Enterprises share price saw sharp decline of more than 25% on the NSE and the BSE, post Sony ended its merger agreement and demanded $90 million in termination fee. As the stock erased more than ₹5000 Crore market-cap, all investors including Mutual funds were at the receiving end.

Jamia Millia Islamia. Upon receiving information, the university administration promptly intervened, removing all participants from the premises.

Markets LIVE Updates here "It was inevitable… Markets often seem irrational, but at their best, they are harbingers of an economy’s future. And the future looks strong, to say the least. Continuing reforms combined with strong governance of markets and the financial system will keep us Rising…" he posted.

Catch Live Market Updates here On January 20, the domestic equity markets ended the special trading session of Saturday lower with the benchmark Nifty 50 index shifting into a consolidation. The Sensex declined 259.58 points to end at 71,423.65, while the Nifty 50 closed 50.60 points, or 0.23%, lower at 21,571.80. Nifty formed a reasonable negative candle on the daily chart that engulfed the small bullish candle of Friday.

earnings for the December quarter. Markets will also be influenced by the interest rate decisions of the BoJ and European Central Bank (ECB), along with US GDP data. On January 20, the domestic equity markets ended the special trading session of Saturday lower dragged by selling in index heavyweights as investors reacted to Q3 results.

markets closed the special trading session on Saturday with losses due to some profit booking and mixed global cues. A series of key interest rate decisions by Bank of Japan and ECB week along with US GDP due this week could have an influence on the market sentiments.

In a recent interview with CNBC, Cathie Wood, the CEO of Ark Invest, projected a significant rise in the value of Bitcoin by 2030. According to her forecast, Bitcoin could reach approximately $600,000 under base scenarios. More optimistically, considering factors such as a potential bull market and the possibility of the U.S. Securities and Exchange Commission (SEC) approval, she expanded her projections to an ambitious level of $1.5 million​​.

Toronto Dominion Bank have until the end of the week to legally opt out of a nearly $16-million class-action settlement.Toronto law firm Koskie Minsky LLP reached a proposed settlement with TD Bank over non-sufficient funds (NSF) fees back in August 2023.The case was certified as a class action by the Ontario Superior Court of Justice on Dec. 7, 2022.If the court approves the settlement at a hearing on Feb.

A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse either of doing anything illegal.

The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas.