Experts Financial News
16.01 / 00:39
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HDFC Life Q3 net up 14% on premium, non-par gains
HDFC Life reported a 14% year-on-year rise in net profit for the third quarter, driven by higher premium income and strong growth in non-par savings products. During the quarter, net profit rose to ₹414 crore, up from ₹365 crore in the same period a year ago. Net premium income rose 10% to ₹16,771 crore in the quarter, up from ₹15,235 crore.
16.01 / 00:39
markets
UPS
Provident
Digital
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Experts
social
Maha Kumbh 2025: Ecosystem of gigs builds up, creating 1 million jobs, including social media & new-age roles
Maha Kumbh Mela, the world’s largest religious congregation that got underway this week in Prayagraj, is also turning out to be one of the biggest events in creating gig and temporary jobs.
16.01 / 00:39
markets
Provident
Digital
Google
Strategy
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PAM
Oracle’s four India partners may fail to make AI mission cut
India AI mission' to acquire advanced AI chips could throw some surprises. None of the four service partners of Cloud major Oracle — Ishan Infotech, Path Infotech, Cyfuture India and Unicloud Labs — could make it to the technical evaluation round this week.
16.01 / 00:39
markets
security
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wellness
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recommendations
Large caps may do well in 2025, play equities via hybrid funds: Motilal Oswal Private Wealth
Motilal Oswal Private Wealth expects large-cap stocks to do better this year, citing valuation comfort. The wealth manager recommends investors increase allocation to equities by investing a lump sum in an equity-oriented hybrid fund in the wake of the recent stock market decline. It also suggests a staggered investment approach in equity schemes over the next six months and accelerate the investments in the event of a sharper drop in the market.
16.01 / 00:31
markets
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country
Making sense of the panic on Dalal Street
What is ailing the stock market these days? One of the biggest reasons for the drop in Sensex and Nifty is the selling by foreign institutions, which have pulled a significant ₹1.8 lakh crore out of equities since early October. The reasons for this are a deadly mix of the dollar rising, surging US bond yields, concerns over domestic slowdown and rich share valuations.
16.01 / 00:31
markets
Booking
security
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Kalyan Jewellers stock tumbles; company denies inducements
Executive director Ramesh Kalyanaraman dismissed this as «very absurd» in the call on Tuesday. The stock dropped 7% on Wednesday to close at ₹554.90, extending its losing streak to the ninth straight day. The 32% drop in the share price in this period has eroded the market cap of Kalyan Jewellers by ₹24,000 crore to ₹57,234 crore at the Wednesday close.
16.01 / 00:31
markets
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rights
After the H-1B visa row, a new MAGA war erupts, and this time it involves sex trafficker Andrew Tate; here's why
Andrew Tate, who eventually faces some pretty serious alleged legal charges including human trafficking and rape, reported Daily Beast.
15.01 / 21:03
markets
Digital
Strategy
NVIDIA
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Longtime Wall Street veteran and hedge fund manager Doug Kass unveils his stock pick for 2025, and it will surprise you; it's not an AI titan; here's the most coveted one
US stock market expert and hedge fund manager has recently said that a particular stock has his eye for seeing a phenomenal rise in 2025. And that is not another AI stock like Nvidia or Palantir Technologies or a quantum computing-backed asset but is instead St. Joe Co., which is a real estate stock and also manages valuable assets in the US.
15.01 / 21:03
markets
COST
UPS
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Election
Experts
Go buy quickly! These are the 4 things middle class Americans may not be able to afford post Donald Trump's inauguration
US President- elect Donald Trump eventually prepares to take office for a second term on the date of January 20, numerous significant changes to the US economy are anticipated specifically due to his proposed tariffs. According to GO Banking Rates, US President- elect Donald Trump has pledged to implement a 10% tariff on global imports, a 60% tariff on goods from China and a 25% tariff on imports from Canada and Mexico which could eventually lead to increased prices for everyday household items.
15.01 / 21:03
15.01 / 18:59
markets
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recommendations
US-India forum for simpler tax rules
US-India Strategic Partnership Forum (USISPF) has pitched for further simplification of the tax structure in India, including the tax deduction at source framework, to reduce compliance burden of the industry.
15.01 / 18:59
markets
Digital
Gap
Strategy
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Courts
ED, Centre face Supreme Court wrath for taking anti-PMLA stance
Supreme Court on Wednesday chastised the Centre and Enforcement Directorate (ED) for making arguments contrary to the provisions of Prevention of Money Laundering Act (PMLA) in a bid to oppose bail pleas of accused.
15.01 / 18:59
markets
Digital
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country
Third Eye: Savdhan! Crime Patrol and CID, waqf may go global & Chaitanya Library
Savdhan! Crime Patrol and CID BJP's Ashti MLA Suresh Dhas has been vocal about the alleged lawlessness in Beed. He has also alleged that government officials are so complicit in crimes that they deliberately look the other way. Recently, while talking about Massajog sarpanch Santosh Deshmukh's murder, Dhas said that the BJP-led Maharashtra government should hire police officers from crime serials like Crime Patrol, CID and Savdhan India as they are the only ones who are honest and can solve the crime while the 'original police' is good for nothing.
15.01 / 18:59
15.01 / 18:59
markets
Digital
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PAM
Aditya Birla Fashion to raise $500m via QIP, preferential issue
Aditya Birla Fashion and Retail (ABFRL) on Wednesday said its board has approved raising $500 million (about ₹4,320 crore) through a mix of preferential issuance and Qualified Institutional Placement (QIP) to reduce debt and accelerate its growth plans.
15.01 / 17:51
markets
Digital
security
Strategy
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Indian Army stands as bedrock of India's security: CDS Gen Anil Chauhan
Indian Army will need to equip itself with new age technologies and tactics to remain ahead of the adversaries, Chief of Defence Staff Gen Anil Chauhan said on Wednesday. In a message on the occasion of the Army Day, Gen Chauhan said «indomitable» spirit and professionalism define the force and described it as an institution that stands as the bedrock of India's security and unity.
15.01 / 17:51
15.01 / 17:51
markets
FIVE
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Railway Board gives recognition to AIRF, NFIR for five years
AIRF) and the National Federation of Indian Railwaymen (NFIR), for five years after their victory in the recently held secret ballot elections. While recognizing the two federations, the board said that they have to follow the provisions of Indian Railway Establishment Manual and they will not maintain any political fund.
15.01 / 17:13
markets
UPS
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RBI introduces daily VRR operations to boost banking liquidity amidst deficit
banking system by announcing daily variable rate repo (VRR) operations, which would accompany the up to $3-billion worth of dollar-rupee buy-sell swaps conducted since Friday, as Mint Road seeks to restrain short-term interest rates that otherwise threaten to dislocate India’s money markets. The first such VRR auction, starting Thursday, will be for Rs 50,000 crore, and the Reserve Bank of India (RBI) will decide on a further auction amount based on the liquidity conditions for that day, the central bank said in a statement Wednesday evening. A reversal of the auction will take place the next day.
15.01 / 17:13
15.01 / 17:13
markets
Digital
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social
Relationships
Donald Trump's pick for U.S. Attorney General, Pam Bondi's multiple marriages and why they didn't last long
Donald Trump personally selected Pam Bondi to be the next attorney general of the United States. Bondi has a history of troubled relationships and two failed marriages.
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