Cycling Financial News
21.04 / 07:25
security
Election
WhatsApp
Cycling
reports
Updates
BJP will win Khajuraho Lok Sabha seat with huge margin: Chhattisgarh CM Vishnu Deo Sai
INDIA bloc. «I was attending the election campaign of Khajuraho Lok Sabha constituency. I feel the BJP will win the Khajuraho seat with a huge margin because there is no one else there. There is no Congress candidate. As per their deal, the seat was given to Samajwadi Party but their cycle got punctured after their candidate's nomination was rejected,» Chief Minister Vishnu Deo Sai told reporters. Earlier this week, the INDIA bloc extended its support to All India Forward Bloc (AIFB) candidate RB Prajapati contesting against the Bharatiya Janata Party (BJP) candidate VD Sharma in the upcoming Lok Sabha elections from Khajuraho parliamentary seat after the Samajwadi Party (SP) candidate Meera Yadav's nomination was cancelled.
20.04 / 18:50
markets
BTC
JPMorgan
Coindesk
Cycling
Bitcoin
2020
Bitcoin halving may lead to price drop
The halving is intended the underscore the value of bitcoin by capping its supply and increasing its worth. It was a process developed by bitcoin creator Satoshi Nakamoto, who has since disappeared. The halving will take place after bitcoin’s all time high price of $73,803 in March this year, and subsequent drop in the last few weeks.
20.04 / 13:41
markets
Blockchain
UPS
trends
Experts
Cycling
Bitcoin
Bitgert Coin: The Rising Star of Cryptocurrencies Post Bitcoin Halving
Analysts have recently observed that the altcoin market cap has been the only constant despite the volatility in Bitcoin’s price over the past few weeks. Crypto traders have been closely observing altcoin markets to find the next big altcoin.
20.04 / 06:37
markets
UPS
Waves
Experts
Cycling
Bitcoin
2020
Bitcoin halving scheduled for this weekend - here's how it will impact the crypto market
Bitcoin falls 8% in five days; here are 4 reasons behind the plunge The halving refers to an alteration in the foundational blockchain technology of Bitcoin, aimed at decreasing the pace of generating new bitcoins. Since its creation by the pseudonymous figure Satoshi Nakamoto, Bitcoin has been structured to possess a finite supply of 21 million tokens. This marks the fourth halving event in Bitcoin's history.
19.04 / 12:56
economy
Election
DELL
students
Cycling
Dell expects new hiring, economic growth to drive commercial PC sales in India
Dell Technologies is banking on new hirings, replacements and growth in the Indian economy to drive sales of its commercial devices this fiscal, a senior company said. While speaking at the launch of a new commercial personal computers portfolio, Dell Technologies India, Senior Director and General Manager, Client Solutions Group, Indrajit Belgundi said that faster technology adoption is another factor that will drive sales of commercial devices unveiled by the company.
19.04 / 08:53
Bill
Cycling
classical
Credit card rule change: Utility bill payments made with YES Bank and IDFC First Bank credit cards to get costlier from May 1, 2024
Yes Bank and IDFC FIRST Bank credit card customers will have to pay a higher amount as fees for paying utility bills. Here is a look at the changed fee structure effective from May 1, 2024. Yes Bank
19.04 / 07:04
markets
Ethereum
Cycling
Bitcoin
stage
reports
ethereum network
Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY
The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year revenue growth of 155%.
18.04 / 11:21
markets
security
Research
trends
Cycling
performer
Rupee ends at record closing low, wedges between outflows, higher Asia FX
rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was caught between equity outflows and a recovery in regional peers. The rupee ended at 83.5375, its weakest close on record, compared with its previous close of 83.5350.
18.04 / 11:07
markets
ETF
Exodus
BlackRock
Trade
Cycling
Grayscale’s once-mighty fund is bleeding bitcoin
For years, the Grayscale Bitcoin Trust was one of the few ways to bet on bitcoin without buying the cryptocurrency itself. Now, with the sector awash in lower-cost competing funds, investors are fleeing the exchange-traded fund. GBTC, as the trust is known for its ticker symbol, remains the world’s largest bitcoin fund thanks to the recent surge in crypto prices.
18.04 / 08:29
markets
Target
security
wellness
trends
Cycling
reports
ICICI Lombard shares jump 5% after Q4 beat. Should you buy, sell or hold?
ICICI Lombard shares rose 5% to Rs 1736 on Thursday after the company reported a nearly 19% year-on-year (YoY) growth in PAT at Rs 520 crore in the quarter ended March as compared to Rs 437 crore in Q4FY23. The company reported a gross direct premium income (GDPI) of Rs 224,770 crore in FY24 compared to nearly Rs 2,100 crore in FY23, a growth of 17.8%, which was higher than the industry growth of 12.8%.
18.04 / 06:31
Provident
Bill
Cycling
Equality
Features
Short of cash? Use credit card reward points to pay your card bill! Here’s how
Banks and credit card companies offer a variety of reward point programmes on their respective credit cards. Under these programmes, customers earn points based on their credit card spending. Different cards come with different offers. Once a customer accumulates a certain number of points on their cards, they can redeem these points for various benefits such as vouchers, cash back, air miles and other benefits.
18.04 / 04:35
markets
COST
Booking
Waters
Election
Cycling
Heady cocktail makes equities tipsy
An unsavory combination of factors is spoiling the risk appetite of equity investors, leading to profit booking at new highs. In the past week, benchmark indices Nifty50 and the S&P BSE Sensex have declined over 2% each. During the same time, the fear gauge, Nifty volatility index (VIX), has risen 11%, indicating discomfort among stock market participants.
17.04 / 16:23
UPS
Action
Cycling
show
Courts
IBBI takes action against 12 insolvency professionals so far this year
Mint reached out to all 12 professionals against whom disciplinary orders were issued this year. One them alleged the order was “arbitrary" while another questioned the way IBBI uses its power. In yet another case, involving the suspension of registration for two years, the professional has moved the Madras High Court initiating contempt of court proceedings against IBBI officials.
17.04 / 11:51
FIVE
Election
President
Cycling
medicines
Courts
Rampur heads for elections in absence of 'charismatic' Azam Khan
Azam Khan, a Samajwadi Party leader who has been removed from the fray because of his imprisonment. After almost five decades, Lok Sabha elections are going to be held in the complete absence of Rampur's 'Khan,' who held the sway over its voters all these years. Famous for its cultural and historical heritage, Rampur was the political stronghold of the Nawabs in the early decades after Independence. After that, the political rise of Azam Khan in the 80s eclipsed all his rivals ever since. Khan, who had a stronghold on the politics of Rampur from 1978 to 2022, is currently serving seven years of imprisonment in the case of a fake birth certificate of his son Abdullah Azam.
17.04 / 11:51
Sustainability
Simulation
students
Cycling
performer
information
testing
JEE advanced 2024: How to prepare and common study mistakes to avoid
To guide through this last phase, let's delve into some common mistakes to steer clear of and enhance your preparation: The Pitfall of Procrastination: The most significant adversary at this moment might be the temptation to delay revision. Formulate a detailed daily timetable that assigns particular time intervals for concentrated study in every subject – Physics, Chemistry, and Mathematics. Adhering to this timetable becomes crucial. Harness the effectiveness of timers to divide your study sessions and include brief pauses to sustain concentration. Recall, consistency is crucial!
17.04 / 10:29
UPS
wellness
Bill
Cycling
reports
Set to get married? The new beginning may impact your credit score - here's how
At the outset, it is vital to note that marriage — in itself — does not affect credit score. The credit scores are not based on marital status; however, it can indirectly influence your credit score in a number of ways especially when you share a credit card or open a joint bank account.
17.04 / 10:25
UPS
Provident
Target
Food
wellness
Cycling
reports
Rate Cut
RBI's Das & Co rate easing cycle may be influenced by potential Fed rate cut delays
Federal Reserve to cut rates is likely to weigh on RBI’s decision on starting its policy rate easing cycle. After Morgan Stanley and Kotak Bank, even IDFC Bank expects RBI to ease its rate easing call. Strong economic growth and escalated tensions in West Asia could add to inflation risks and delay rate cuts by the Reserve Bank of India could also weigh on the central bank's decision. Federal Reserve Chair Jerome Powell on Tuesday did not provide any guidance on when interest rates may be cut, saying instead that monetary policy needs to be restrictive for longer Economists are now factoring in a possible delay in policy rate cuts by the RBI, which has kept it unchanged since February 2023 at 6.5%. They were expecting the central bank to start lowering rates from the second half of FY' 2024-25
16.04 / 14:31
Strategy
Cycling
track
Ex-Credit Suisse team to launch global macro absolute return fund for Lombard Odier IM
First revealed in January, Valentin Petrescou and Didier Anthamatten will lead the fund, accompanied by former colleagues Jeremy Gatto, Philipp Mueller and Max Witschel. They began with LOIM on 2 April. The fund will be available to both institutional and private investors and is due to go live in the third quarter of this year. The team formerly managed the Hedging the Cycle and Multi Asset Premia investment strategies at Credit Suisse Wealth Management, which had a track record of over four years and peaked at $1.8bn AUM. Lombard Odier names co-head of asset management business ...
16.04 / 12:09
Strategy
Cycling
track
Ex-Credit Suisse team to launch absolute return fund for Lombard Odier IM
First revealed in January, Valentin Petrescou and Didier Anthamatten will lead the fund, accompanied by former colleagues Jeremy Gatto, Philipp Mueller and Max Witschel. They began with LOIM on 2 April. The fund will be available to both institutional and private investors and is due to go live in the third quarter of this year. The team formerly managed the Hedging the Cycle and Multi Asset Premia investment strategies at Credit Suisse Wealth Management, which had a track record of over four years and peaked at $1.8bn AUM. Lombard Odier names co-head of asset management business ...
16.04 / 10:43
markets
Manufacturing
economy
wellness
shooting
Cycling
stage
No green shoot of recovery in FMCG space; valuation a challenge in capital goods and manufacturing space: Rahul Singh
Rahul Singh, CIO-Equities, Tata Mutual Fund, says: “So far, we are not seeing any green shoots of recovery in the FMCG space. My own sense is that if the urban economy continues to outpace rural economy, because there are a lot of interlinkages in the way the economies work, sooner or later the rural economy will recover but not necessarily due to agricultural income or monsoons, but purely because of the amount of capex and construction activity which we are undergoing and which is likely to continue post elections.” The main point which is in the mind of the market right now and that there will be either delayed cuts in the US or even Chetan Ahya of Morgan Stanley this morning has put out a note saying no rate cuts this year in India. So, the whole narrative around some rate cut in the second half of this year, seems to have been challenged and as a result, yields have rallied. What is your own hypothesis? Rahul Singh: There are two factors at work in the market. One obviously is the rate cut and whether that gets delayed and by how much and whether we have a rate cut this year or not – those discussions have started again and this is not the first time that there is a flip-flop in terms of the consensus view on the rate cuts, so I am not entirely surprised.
16.04 / 08:27
Target
FIVE
Sustainability
trends
Cycling
reports
recommendations
RBI likely to leave rates unchanged in FY25, help maintain India's 'Goldilocks' environment: Morgan Stanley
inflation in India, improving productivity growth alongside external factors, economists now expect the Reserve Bank of India to hold the rates steady and expect no easing in FY25. A report by Morgan Stanley on Tuesday said that the RBI is likely to keep the policy rate steady at 6.5 per cent due to global factors such as higher commodity prices, delayed start or shallower easing from the Fed and a stronger dollar. In addition, the decision also depends on domestic factors such as continued upside surprise in growth, driven by capex and productivity, implying higher equilibrium real rates.
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