Experts Financial News

solar storm could cause the Northern Lights to appear tonight in parts of the United Kingdom. If the conditions are right, lucky skywatchers may see the aurora borealis in all its glory. Here's where and when to witness this rare natural phenomenon. Tonight, as a 'High-Speed Stream' from a coronal hole hits Earth, parts of the United Kingdom will view the Northern Lights, commonly known as the Aurora Borealis. According to the Met Office, the aurora is caused by a 'high-speed stream' emitted by a coronal hole, a breach in the sun's outer surface. The possibility of viewing the aurora borealis rises with approach to the sun.

youth unemployment and disengagement, as per a report. This grim figure is a warning of an enormous issue that can have long-term implications for the United States' labour force and economic prospects.

Bill Gates, those fears might not be entirely unfounded. Gates has warned that AI will render many jobs obsolete in the coming years, automating roles across multiple industries. But amid the uncertainty, he has identified three professions that will likely survive the AI revolution—at least for now.

ELSS) mutual funds stand out among other tax-saving instruments under Section 80C due to their unique combination of equity exposure, a short lock-in period, and potential for high returns. “Unlike the Public Provident Fund (PPF), which has a 15-year lock-in and offers fixed returns (currently around 7%-8%), ELSS funds have a much shorter lock-in of just 3 years and historically deliver average annualized returns of 10%-12%, higher in some cases,” said Adhil Shetty, CEO of Bankbazaar.com. “Since ELSS returns are market-linked and volatile in the short term, investing through SIP is wise. SIPs help mitigate market timing risk by averaging purchase costs during market highs and lows,” he added.

Subscribe to enjoy similar stories. Despite the growing wave of nationalistic cinema in India, overseas audiences remain largely unmoved by its fervour. While films like Chhaava, Sky Force, and The Kashmir Files have struck a chord domestically, their overseas performance tells a different story.

Experts also believe the proposed increase in loan and asset classification limits will make it easier for all categories of banks, including private lenders, to achieve the disbursement targets, while potentially boosting margins. Private lenders usually fell short of achieving the targets set for them. «A majority of changes are in terms of higher limits, which will make it easier for banks to find the profile of borrowers,» said Karthik Srinivasan, group head, financial sector ratings, ICRA. «Banks achieve their targets, but the sub-categories create issues.»

FOMO (Fear of Missing Out), market expert Anshul Saigal, Founder of Saigal Capital remains steadfast in his conviction: ignore the noise, focus on risk-reward, and when the moment is right, “go for the jugular.” In a candid interaction with ETNow, Saigal, who brings over two decades of market experience to the table, emphasized that great investment decisions stem from conviction, not prediction. Drawing inspiration from investing legend Stanley Druckenmiller, Saigal quoted, “When the odds are favourable, go for the jugular.”

Subscribe to enjoy similar stories. Buy above: ₹104 | Stop: ₹101 | Target: ₹109-111 AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers.

Currency moves amid Donald Trump’s tariff war are aligning to actually boost Canada’s stock market, according to a CIBC analyst.

Donald Trump has said America is being “ripped off by every country in the world, friend and foe” and liberation day, as he calls it, is when he aims to set that right.

bottom-of-the-pyramid borrowers have lost access to formal financing over the past nine months after lenders stiffened conditions for advancing funds to these customers and wrote down sticky loans to clean up their books. Industry experts said the number of such vulnerable borrowers could be even higher as lenders stopped financing customers with overdue loans of more than 60 days and those with an outstanding amount exceeding ₹3,000. «The reduction in the number of borrowers is definitely due to the fact that defaulters are not being financed at present,» said Jiji Mammen, executive director at Sa-Dhan, a self-regulator for the microfinance sector.

government security auctions in March, treasury experts said.

IPL opener, when Chennai Super Kings' legend MS Dhoni was walking out to bat just for the last couple of deliveries, the crowd in Chepauk lit up with excitement even when they were uncertain of winning. The reason is simple: 'Dhoni may finish'. The wicketkeeper-batsman recently shed light on his finishing approach, emphasizing the importance of maximizing every shot. Speaking to Jio Hotstar, the former Indian captain shared his aggressive batting mindset in high-pressure IPL games. «When you go in to bat, you look at the scoreboard—what the team needs from you. If you are going to face 4-5 deliveries, you try to hit as many big shots as you can. At that moment, the thought process is only about hitting a six. You hardly plan for a four, especially if you have wickets in hand. A four becomes a by-product—you are always looking for a six,» he said. At 43, Dhoni continues to be a key player for CSK, expertly closing innings with his signature power-hitting. He also highlighted the significance of every single run in tight matches.

Yet, a recession never came. Optimism grew that the US might pull off a “soft landing.” Now, those hopes are fading. Consumer expectations have plummeted to their lowest level since 2013, according to The Conference Board. Its senior economist, Stephanie Guichard, warned: “Consumers’ expectations were especially gloomy, with pessimism about future business conditions deepening.” Meanwhile, a March CNBC Fed Survey puts the probability of a US recession at 36%, up from 23% in January. J.P. Morgan’s chief economist estimates the odds at 40%. Some, like bond expert Jeffrey Gundlach, believe the chances are even higher—50% to 60%.

Rahul Gandhi on Tuesday claimed that the Data Protection Act, 2023 curtails access to public information that is essential for citizens to hold the government accountable, and said the Congress will take necessary steps to protect people's rights. Gandhi made the assertion in a post on X after meeting a diverse group of activists, editors, researchers and domain experts in the Parliament House complex. «Today, I had the opportunity to meet a diverse group of activists, editors, researchers and domain experts in Parliament. They voiced serious concerns about the Digital Personal Data Protection Act, particularly its impact on the scope of the RTI Act,» the former Congress president said. This legislation, under the pretext of safeguarding privacy, curtails access to public information that is essential for citizens and journalists to hold the government accountable, he alleged. «The NDA government is attempting to shield itself from scrutiny, undermining transparency and weakening democratic oversight,» Gandhi claimed. In the interest of accountability and good governance, the Congress will discuss this issue with INDIA bloc leaders and take necessary steps to protect the rights of people, he said.

Supreme Court has taken cognisance on its own of a controversial Allahabad High Court ruling that mere grabbing of the breast and pulling the string of a 'pyjama' do not amount to offence of rape. A bench of Justices B R Gavai and Augustine George Masih is slated to hear the matter on Wednesday. Legal experts had deplored the observation of the Allahabad High Court on what constitutes a rape charge, calling for a restraint by judges and underlining the drop in public confidence in the judiciary due to such statements. The high court on March 17 had ruled that mere grabbing of the breast and pulling the 'pyjama' string do not amount to offence of rape but such offence falls under the ambit of assault or use of criminal force against any woman with the intent to disrobe or compel her to be naked. The order was passed by Justice Ram Manohar Narayan Mishra on a revision petition filed by two persons who moved the court, challenging the order of a Special Judge of Kasganj by which the court had summoned them under Section 376 of IPC apart from other sections. According to facts of the case, an application was moved before the court of Special Judge, POCSO Act, alleging that around 5:00 pm on November 10, 2021, she (informant) was returning from the home of her sister-in-law (husband's sister) along with her minor daughter aged about 14 years.

time you fall asleep is just as important as the amount of sleep you get? Experts now claim there’s a “golden hour” for bedtime that could significantly lower your risk of heart disease—and potentially help you live longer. A groundbreaking study published in the European Heart Journal investigated the link between sleep timing and heart health. Researchers monitored 88,000 UK Biobank participants aged 43 to 74 over a seven-year period. Using wrist monitors to track their sleep patterns, scientists found that people who fell asleep between 10:00 PM and 11:00 PM had the lowest risk of developing heart and circulatory diseases. However, for those who typically fell asleep between 11:00 PM and midnight, the risk of heart disease increased by 12%, while those who went to bed past midnight saw their risk spike by 25%.

United Airlines flight from Los Angeles to Shanghai was forced to turn around two hours into its journey after a pilot forgot their passport. The flight had to be diverted to San Francisco due to the issue. This caused significant delays for the passengers. As per reports, the flight UA 198 departed from Los Angeles International Airport (LAX) on Saturday, March 22 at around 2 pm local time. The flight was bound for China’s largest city. However, mid-flight it was discovered that one of the pilots did not have their passport, which would make it impossible for the plane to enter China. A People report stated that the aircraft was then diverted to San Francisco, where it landed at 5:05 pm (local time).

Income Tax Department has also released the FAQs on the same.

income taxpayers, the government has amended the provisions dealing with income tax search cases, as per a supplementary frequently asked question (FAQ) released by the Income Tax Department. In the amended Section 158BA (Assessment of undisclosed income as a result of search), the word ‘total income’ has been replaced with ‘total undisclosed income’.

Currently, industries, households and agriculture account for 33 per cent, 28 per cent and 19 per cent of India's total electricity consumption, respectively. Household electricity demand has grown the fastest over the past decade, according to Disha Agarwal, Senior Programme Lead — Renewables at the Delhi-based think tank Council on Energy, Environment and Water. The share of household electricity consumption increased from 22 per cent in 2012-13 to 25 per cent in 2022-23. Much of this rise can be attributed to economic growth and the increasing need for cooling due to rising temperatures, experts say.