Experts Financial News

Prateek Group will invest close to Rs 1,200 crore to develop its luxury project Prateek Grand Begonia in Siddharth Vihar, Ghaziabad. Spread in 15-acre, the entire development has a revenue potential of Rs 5,000 to 6,000 crore and will have 2400 units in the configuration of 2,3 and 4 BHK. Prateek Group has already delivered a township Prateek Grand City in Siddharth Vihar (Ghaziabad).

Bombay Burmah Trading Corporation, its promoters including Nusli Wadia, his sons Ness and Jehangir, and others on Friday settled a disclosure lapses case with markets regulator Sebi after paying Rs 2.12 crore towards settlement amount. In all, a total of 18 entities settled the case pertaining to flouting various provisions of securities market norms. The order came after the entities proposed to settle the violations «without admitting or denying the findings» by paying settlement amounts.

Market Expert Ruchir Sharma says that the stock market's momentum looks likely to sputter in 2025 and that it could falter as investors grow wary of the US's mounting debt problems. The Rockefeller International chairman said he believed the US stock market could soon underperform global peers, breaking a long-running trend of US outperformance, he wrote in an op-ed article for the Financial Times. Over the next year the top stocks in the US could underperform the global market by about 10% — reflecting a much worse performance than in 2024, when the top US stocks outperformed the market by about 20%, Sharma estimated.

World Economic Forum (WEF). The report added that to mitigate the growing shortage of skilled labour, the technology will capture the expertise of retiring employees and transfer it to the next generation. When you combine AI with digital twins its impact becomes even greater. The possibilities include everything from performance monitoring and optimization to creating more realistic simulations and making precise predictions.

search and rescue teams. The Mela is scheduled to be held in West Bengal from January 10 to January 18. The NDRF teams are strategically stationed at five key locations within the Mela area: the Mela Ground, Lot-8, Kachuberia, Namkhana, and Benuban, the NDRF said. «The teams include highly trained male and female rescuers, a specialised canine (K9) squad, and medical and communication teams, all operating under the state government’s requisition,» the NDRF statement said.

Suryoday Small Finance Bank (SSFB) partners with Tata Digital: Get FD interest rates up to 9.1% without a savings account

Nifty is currently placed at the downside breakout of the support of around 23,500 levels (previous swing lows). A decisive slide below the said support could open the next downside of around 23,260 and lower in the short term. Immediate resistance is at 23,700, said Nagaraj Shetti.

Bannari Amman Sugars Ltd.(up 0.04%) stood among the top gainers.

Vodafone Idea (Vi) has cleared Rs 1,910 crore of its old dues to Indus Towers using the cash raised by recently issuing fresh equity on a preferential basis to its UK co-promoter, Vodafone Group Plc. Following the fresh capital infusion, Vodafone Plc’s stake in Vi — its Indian telecom joint venture with the Aditya Birla Group — has risen to 24.39% from 22.56%. The acquiring Vodafone promoter entities in Vi are Omega Telecom Holdings Pvt Ltd and Usha Martin Telematics Ltd. “…Vodafone Promoters have utilised the proceeds amounting to Rs 1,910 crore, post-repayment of outstanding borrowing to their existing lenders, to acquire shares in Vi. Further, the proceeds of such capital raise have been received by the Company (read: Indus) from Vi towards part-repayment of the MSA (master service agreement) dues,” Indus Towers said in an exchange filing Friday.

These decisions were taken in the cabinet meeting chaired by Chief Minister Nitish Kumar here. Talking to reporters soon after the meeting, Additional Chief Secretary S Siddharth said, «The cabinet approved a proposal for the acquisition of 89.75 acres of land worth Rs 244.60 crore for the development and expansion of the existing Darbhanga airport into an international airport. The state government will pay the amount to the owners of the land… land will be transferred to the Airport Authority of India for the project».

Bryan Johnson, the 47-year-old tech entrepreneur who has spent millions on his quest to reverse his biological age, has ditched taking a medicine that he had been taking for years to increase his longevity. The millionaire, who gulps down 54 pills for breakfast, recently discovered a wrinkle in his meticulous approach to dodging death. In his attempt to live' forever', the tech millionaire consumes 13 milligrams of the immunosuppressant rapamycin, which transplant patients take to help prevent organ rejection. However, the US Food and Drug Administration has not approved rapamycin for anti-aging therapy, but physicians have been prescribing it off-label because it has been shown to extend the healthy lifespan of mice. Johnson, who undertook the «most aggressive rapamycin protocol of anyone in the industry», said it may have done more harm than good.

On the BSE, Classic Filaments(down 13.90 per cent), GTPL Hathway(down 11.99 per cent), Gujarat State(down 10.96 per cent), Tyroon Tea Co(down 10.81 per cent) and Alkosign Ltd.(down 10.37 per cent) stood among the top losers in today's trade.

Here's a concise recap of the most impactful job market trends from last year that have left a long-lasting impression. 1. The advent of AI-driven jobs – AI has undoubtedly been one of the greatest technological disruptions to date. Though its emergence has eliminated a bunch of manual jobs, its integration into everyday business operations has opened new job opportunities. The demand for roles like AI engineering, machine learning, and data ethics is growing exponentially. Non-technical roles like AI trainers and ethicists too are helping bridge the human-machine gap, further fostering a collaborative relationship between the two.

Microsoft chairman and CEO Satya Nadella was pleased to hear that the 6,000 students at the Manipal Academy for Higher Education (MAHE) – which includes his alma mater, Manipal Institute of Technology – are being given access to Microsoft's GitHub Copilot, an AI-based code completion tool. On being asked by representatives of the institution to visit, he said, “I should. I’ve never been back since ’88 (the year he graduated), but I should.” The top executive of the US-headquartered technology firm was meeting with customers ahead of his keynote address in New Delhi on Wednesday.

Benchmark NSE Nifty closed 95.0 points down at 23431.5 amid selling in frontline bluechip counters.

DAM Capital report added. The report added that inflation is a foremost concern for FY26, with a projected decline to 4.5 per cent from the current level. The major reason behind the persistent inflation is domestic pressure. The pass-through effect of rising raw material costs, particularly in agriculture, food, and metals, is expected to contribute to persistent inflation. As demand increases, businesses are likely to raise prices of raw materials, impacting consumers.

Marico Ltd.(up 1.05%), Nakoda Group Of Industries Ltd.(up 0.72%), Hindustan Unilever Ltd.(up 0.28%), Tata Consumer Products Ltd.(up 0.28%) and Britannia Industries Ltd.(up 0.27%) stood among the top gainers.

Trump’s obsession with Greenland has put the world’s largest island in an unexpected position of power. While Trump’s 2019 bid for the Arctic territory was dismissed as little more than a joke, the president-elect’s timing is better this time around — Greenlanders are intensifying their push for independence from Denmark. Within the next three months, they will hold a general election that will take the temperature of that relationship. Greenland is not for sale. But its new position gives it the ability to play the US and Denmark off of each other – a dynamic that might ultimately see it come out on top.

energy stocks, as concerns over corporate earnings dampened market sentiment while IT stocks stood out as the only gainers after quarterly update from sector leader TCS suggested early signs of a demand recovery. The benchmark BSE Sensex lost 241.30 points or 0.31% to close at 77,378.91, while the broader Nifty 50 index closed at 23,431.50, lower by 95.00 points or 0.4%.

Changthang High Altitude Cold Desert Wildlife Sanctuary and the Karakorum Nubra Shyok Wildlife Sanctuary, aims to speed up ammunition access and ensure quicker operational deployment, according to the Ministry of Defence. India and China were engaged in a 54-month-long military standoff in eastern Ladakh, which began after their troops clashed in the Galwan Valley in May 2020. This standoff ended in October last year. The proposals for this strategic infrastructure were discussed during a meeting of the Standing Committee of the National Board for Wildlife, chaired by Union Environment Minister Bhupender Yadav on December 21.

Shares of Phoenix Mills Ltd.(up 1.36 per cent) ended the day as top gainers in the pack.