Cover Financial News

Verna, Creta and Tata's Nexon, Punch.Hyundai Verna On-Road Price RangeThe Hyundai Verna has garnered popularity as a sporty mid-size sedan taking on heavyweights like the Honda City and Maruti Ciaz. Its introductory pricing combined with regular updates spanning styling and features make it an excellent value luxury sedan.● Hyundai Verna Base Variant Price - ₹12.68 lakh● Hyundai Verna Top Variant Price - ₹20.02 lakhWith the choice between efficient 1.5L petrol and spirited 1.5L Turbo petrol engines, you have both efficiency and performance covered.

The BNB Foundation has completed the 28th quarterly token burn on the BNB Chain, further reducing the total supply of BNB tokens.

₹1 crore. This penalty was imposed for his alleged involvement in front-running. The anchor allegedly used material non-public information to benefit from stock trades before it was broadcast.

After nearly three decades in the advertising, media, and marketing industries, Dalveer Singh, 55, is preparing for a quieter retirement away from Mumbai's hustle and bustle.

Economic Survey 2023-24 will be tabled in Parliament today by Finance Minister Nirmala Sitharaman. This document reviews the economic performance of the past fiscal year and provides a future outlook. It covers India's fiscal policy trajectory, the evolution of banking and capital markets, and the performance of the manufacturing and services sectors.

Don’t go by past returns Our cover story explains why investing on the basis of past returns is not a good idea. This is especially true in case of sectoral and thematic funds. Sectors and themes tend to be cyclical in nature, and the performance depends on a host of factors, including news developments, economic conditions, global trends, government policies and market sentiments. For instance, the pharma sector was the top performer after the Covid outbreak in 2020, but it was the worst performer in 2021 and gave negative returns the next year. “That’s how cyclicality plays out,” says Chirag Muni, Executive Director, Anand Rathi Wealth.

paddy cultivation emits 5 tonnes of CO2 equivalent/ha of GHG emissions in these states, the highest GHG/ha among states. Climate change-induced erratic weather patterns, rising temperatures and heatwaves exacerbate this existential threat. While many experts advocate farmers diversify from paddy, the economic reality is that policies and subsidies are skewed towards paddy cultivation. According to an ICRIER study, 'Saving Punjab and Haryana from Ecological Disaster: Re-aligning Agri-Food Policies', paddy received highest subsidy among all crops in Punjab, approximately ₹38,973 per ha during 2023-24. This included subsidies from GoI (fertiliser) and Punjab state government (power and canal irrigation). When considering additional subsidies for managing crop residues in the field and post-harvest, financial support for paddy cultivation would easily go beyond ₹40k per hectare.

GTRI) has suggested suspension of quality control orders (QCO) on polyester and viscose staple fibre for a few years to allow domestic manufacturers to become competitive, expansion of products covered and criteria relaxation in the textile production linked incentive (PLI) scheme, overhaul of Directorate of Foreign Trade (DGFT) and Customs procedures, and addressing monopolistic practices of domestic suppliers, to boost India’s garment exports. Highlighting complex procedures, import restrictions and domestic vested interests are hindering the export growth of the Indian garment sector, it said that sourcing quality raw fabric, particularly synthetic fabric being the root causes of exporters’ problem. The report assumes significant in the wake of India losing to other countries even as garment and textile imports rise steadily.

Eve has showcased for the first time the full-scale prototype of its "flying taxi," achieving a milestone as the company aims to obtain certification and enter service in 2026. Eve, controlled by Embraer, rolled out its electric vertical take-off and landing (eVTOL) aircraft prototype at an event with investors and clients at the Brazilian planemaker's Gaviao Peixoto plant on July 3. The company is one of a bevy of startups worldwide developing battery-powered aircraft that can take off and land vertically to ferry travelers on short city trips, allowing them to beat traffic.

While the possibility of benefitting from increasing share prices is a motivating factor for employees, the present Income-tax mechanism is a dampener.

Canada’s auto theft problem might be showing signs of easing, but drivers are likely to continue feeling the pinch on their insurance premiums, experts tell Global News.

Your company may be sufficiently insured if your business is interrupted due to data breaches or hacking incidents. But does it also cover losses due to software updates, especially in a world of interconnected devices, where a buggy software update on a central server could impact multiple devices like computers, smartphones, smart kiosks, ATMs, smart TVs, etc., and hence impact many business channels, simultaneously? Under normal circumstances, such a question would sound odd since one would assume that most companies would have insured themselves against data breaches, ransomware attacks, cyberattacks and other such business interruptions or even power outages.

ocean mammals, are believed to number fewer than 350 as of 2023. The creatures could face extinction within 20 years.“This is an exceptionally rare record for the eastern Atlantic, where this species has been largely absent for decades, if not longer. We can make a convincing argument that the last positive identification of this species in Ireland dates back to 1910," the IWDG said.A post shared by Irish Whale & Dolphin Group (@irishwhaleanddolphingroup)North Atlantic right whales are large and dense creatures known for their curiosity and acrobatics.

Union Budget. This time, I want to talk about how to understand the Budget in a very simple way. A country’s Budget is nothing but the plan of how it will meet the expenses and arrange means to achieve them via income sources. A Budget is a financial statement that documents the government’s expected expenditure across all fields for the next year and matches it with the income or receipts expected from various sources.

Microsoft Systems, exchanges and clearing corporations in India functioned without any major impact, a joint media release by exchanges said on Saturday. Out of over 1,400 trading members' ecosystem, there were only 11 trading members who reported disruptions to their operations, the release said. «Overall, exchanges & clearing corporations have not witnessed any significant impact to the trading and clearing activities in the Indian securities market,» the release said, adding that the issues with the affected members were either resolved during the day, or are being resolved.

The communities of Ashcroft and Spences Bridge along with some homes and properties in the surrounding areas, including Cache Creek, have been placed under evacuation alerts due to the threat of an advancing wildfire.

YES Bank Q1 Results Live Updates: Private lender Yes Bank is set to report its first quarter earnings reports for financial year FY24-25 (Q1FY25) today, on July 20. Market experts estimate good numbers are driven by the Bank's asset quality improvement, as per our earnings preview.At least nine companies are set to announce their Q1FY25 financial results today, on Saturday, July 20.

Donald Trump, sombre and bandaged, accepted the GOP presidential nomination on Thursday at the Republican National Convention (RNC) in a speech that described in detail the assassination attempt that could have ended his life just five days earlier before laying out a sweeping populist agenda, particularly on immigration. The 78-year-old former US President, known best for his bombast and aggressive rhetoric, began his acceptance speech with a softer and deeply personal message that drew directly from his brush with death. Moment by moment, the crowd listening in silence, Trump described standing onstage in Butler, Pennsylvania, with his head turned to look at a chart on display when he felt something hit his ear. He raised his hand to his head and saw immediately that it was covered in blood. «If I had not moved my head at that very last instant, the assassin's bullet would have perfectly hit its mark,» Trump said. «And I would not be here tonight. We would not be together.»

Exactly one year to the date of last year’s severe flooding in Vermont, Joe’s Brook Farm in Barnet was flooded again by the remnants of Hurricane Beryl

American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance

drone strikes by Ukraine, President Vladimir Putin has fortified the defenses surrounding his palace in Valdai, located north of Moscow. Satellite images captured on May 6 reveal at least seven medium-range air defense systems deployed near the extensive forest estate on Lake Valdai's shores, as reported by the US-based think tank, the Institute for the Study of War (ISW). Prioritizing High-Value Targets According to The Telegraph, the ISW stated, «Ukraine's relentless drone strikes have compelled Moscow's military command to prioritize limited air defense assets to cover what it deems high-value targets.» The satellite images also show Pantsir-S1 air defense units, surface-to-air missiles, and a long-range radar station, operational since the spring when Ukraine intensified attacks on Russian infrastructure.