COMPOSITE Financial News
21.08 / 12:37
Man
COMPOSITE
film
love
performer
As 'Dil Se..' completes 25 years, Mani Ratnam reveals he hasn't seen SRK-starrer since it released in August 1998
Ratnam made his Hindi directorial debut with Shah Rukh Khan and Manisha Koirala-starrer 'Dil Se..' in 1998. Since its release, the movie has earned a cult fan following despite its average box-office performance. The movie's epic musical composition by AR Rahman and the chemistry between SRK and Koirala is etched in the memory.
21.08 / 10:51
UPS
Target
DOW
COMPOSITE
Stock market today: Global stocks up as traders await Fed conference for interest rate update
Global stock markets are higher as traders look ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation
21.08 / 03:55
UPS
Target
COMPOSITE
Nikkei
KOSPI
Asian stocks
Stock market today: Asian stocks mixed as traders await Fed conference for interest rate update
Asian stocks are mixed as traders look ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation
20.08 / 19:13
COMPOSITE
Parke
Highways
National
In major recast, National Highway agencies likely to get dedicated cadre
These changes will make National Highways Authority of India (NHAI) and National Highways & Infrastructure Development Corp Ltd (NHIDCL) operate more like Public Sector Undertakings (PSUs) that do not have frequent transfers of officers from parent ministries. It is also expected to eliminate the culture of having a senior bureaucrat at the top, allowing cadre officers to climb to the highest rung of the organizational ladder. «A sense of ownership needs to be developed within NHAI and NHIDCL officers,» a top government official told ET, adding that plans are underway to alter the composition of these central agencies.
20.08 / 11:49
UPS
Provident
MET
COMPOSITE
stage
Improved governance can keep capital flowing into our startups
India has racked up 108 ‘unicorns’—the third-most in the world, after the US and China. Private investment in the form of venture capital and private equity has been to the tune of $246 billion from 2018 to 2022. Over this period, Indian firms accounted for $1 out of every $4.40 of Asian venture capital.
20.08 / 09:31
FIVE
Platform
COMPOSITE
stage
country
electronic
'Watching, praying, cheering', Anand Mahindra roots for Chandrayaan-3's success
As Chandrayaan-3 Mission is at its final stage before its historic landing scheduled for 23 April, Mahindra Group Chairman Anand Mahindra has expressed his excitement on the X platform (formerly known as Twitter). Business magnate Mahindra wrote said he will eagerly wait, pray and cheer for theChandrayaan-3 spacecraft's soft landing on the lunar surface.
20.08 / 03:43
19.08 / 15:43
UPS
NASDAQ
DOW
COMPOSITE
How major US stock indexes fared Friday, 8/18/2023
Wall Street limped to the finish line of its third losing week in a row
19.08 / 15:43
19.08 / 15:43
17.08 / 19:35
COST
DOW
COMPOSITE
DAX
rate hikes
Stock market today: Global shares sink after Fed notes dent hopes of rate hikes ending
Global stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes that interest rate hikes are finished
17.08 / 18:57
UPS
COMPOSITE
shootings
Cotton textile, apparel companies see 8-10% rise in exports
Inflation and economic slowdown in advanced economies, coupled with piled up inventory since the pandemic, have caused India's apparel export clients to defer orders or request lower prices, said an industry representative. Exporters are looking forward to the Christmas season in the next quarter to alleviate the ongoing slump. "Cotton textile exports rose 6% in July and the July-September quarter is expected to maintain that momentum," said a representative from the cotton textile industry.
17.08 / 13:49
17.08 / 07:37
COST
Target
COMPOSITE
TJX
rate hikes
Stock market today: Asia follows Wall Street lower after Fed's notes dent hopes of rate hikes ending
Asian stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes interest rate hikes are finished
17.08 / 04:47
Lowe's
COMPOSITE
Fitch
KOSPI
show
country
Asian stocks
Asian stocks sink as Fed fears batter tech, China concerns grow
Investing.com-- Most Asian stocks fell on Thursday after hawkish signals from the Federal Reserve spurred deep losses in technology stocks, while weak economic readings fueled more concerns over a Chinese economic slowdown.
17.08 / 04:07
Provident
Digital
CEO
Strategy
COMPOSITE
performer
Q3
etmarkets
ETMarkets Management Talk | Margins may improve from Q3: Cigniti Tech CEO Srikanth Chakkilam
NEW DELHI: After reporting a decline in margins in the June quarter due to performance-based appraisals for FY24, Cigniti Technologies is hoping to be back on the growth path from Q3. “As we move forward, our strategic initiatives, like a better offshore-onshore mix and focus on long-term value creation, would pave the way for improved margins, potentially from Q3 onwards,” said Cigniti Technologies CEO Srikanth Chakkilam. Edited excerpts:During the quarter, your revenue improved sequentially but margins declined. Do you see margins improving from Q3 onwards?We have reported a sequential growth of about 3.4% on a quarter-on-quarter basis, which we believe to be a fair performance given the recent macroeconomic conditions.
17.08 / 03:05
Lowe's
NASDAQ
DOW
COMPOSITE
show
500
end
US stock market: Dow, S&P 500 end lower after Fed minutes cloud outlook for rates
Wall Street ended lower on Wednesday after the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting. The minutes of the Fed's July monetary policy meeting showed most policymakers continue to prioritize the battle against inflation, adding to uncertainty among investors about the outlook for interest rates.
16.08 / 18:43
BLOCK
Aware
COMPOSITE
Discover
stage
country
Critical mineral explorers may get revenue share over 50 years
NEW DELHI : Miners discovering critical and deep-seated minerals may be allowed a revenue share from the block over the entire 50-year lease period, two people aware of the plans said. Miners may also be given the right to carve out as many mineral blocks from the prospected areas that would be auctioned for mining lease later, ensuring recurring returns for the standalone mining entity over the life of different mines with varied mineral deposits.
16.08 / 17:31
FIVE
COMPOSITE
FDIC's Annual Risk Report Embraces Crypto as a Significant Banking Concern
Crypto assets present “novel and complex risks” to the banking sector that are “difficult to fully assess,” according to the Federal Deposit Insurance Corporation (FDIC)’s 2023 Risk Review for the banking sector.
16.08 / 14:07
Target
NASDAQ
DOW
COMPOSITE
US stocks
open
US stocks open lower ahead of Fed minutes; Target jumps
The Dow Jones Industrial Average fell 31.43 points, or 0.09%, at the open to 34,914.96. The S&P 500 opened lower by 4.07 points, or 0.09%, at 4,433.79, while the Nasdaq Composite dropped 37.88 points, or 0.28%, to 13,593.17 at the opening bell.
16.08 / 12:19
UPS
NASDAQ
COMPOSITE
NIFTY
performer
Up over 7%, Nifty Smallcap 250 outperforms major indices in July; check details
Nifty Smallcap 250 outperformed all major indices clocking gains of 7.69 per cent in July, followed by Nifty Miscap 150 which scored gains of 5.51 per cent during the period. According to a report by domestic brokerage firm Motilal Oswal titled ‘Global Market Snapshot’, the broader indices outperformed major ones including Nify50 and Nifty 500 during July, which gained 2.94 per cent and 3.83 per cent respectively. In addition, both indices have outperformed the other indices when compared on a three-month, six-month, and on an annual basis.
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