Experts Financial News

WPL) 2025 will see a mini auction take place in Bengaluru on December 15. The five teams have a chance to polish their squads as they aim to win the silverware next year. Mumbai Indians were the inaugural champions in 2023 while Royal Challengers Bengaluru lifted the trophy earlier this year’s with Delhi Capitals finishing as the runners-up on both occasions. Gujarat Giants enter the auction with the biggest purse of Rs 4.4 crore while Delhi Capitals have the smallest budget at Rs 2.5 crore.

PC Jeweller, Linc Ltd and a few other companies are expected to gain attention in the upcoming week as their record dates approach for corporate actions such as dividends, bonus share issuances, and stock splits. The record date is a crucial benchmark set by companies to identify the shareholders entitled to receive benefits such as dividends, stock splits, or bonus shares. Investors must ensure that their shares are reflected in their demat account on or before this date to qualify for the respective corporate actions.

Sensex and NSE Nifty 50 indices fluctuated throughout the week, with a strong rally on Friday, December 13, driving modest weekly gains. On Friday, the Sensex surged by 843.16 points (1.04%) to close at 82,133.12, while the Nifty 50 advanced 219.60 points (0.89%) to settle at 24,768.30, a recovery driven by easing food inflation, strategic price hikes by FMCG companies, and expectations of increased U.S. spending benefiting the IT sector.

volatility return across asset classes, as one would have expected with Trump winning the US presidential election and Republicans taking control of both the House of Representatives and the Senate. The latest economic data suggests that the US economy is resilient. It will be interesting to see whether the Fed cuts rates again in the December policy or pauses. The progress on the inflation front has stalled and given that Trump's policies are likely to be expansionary, there could be upside risks to inflation.

Subscribe to enjoy similar stories. A colleague said during breakfast one day that he wanted to start working out because he had just turned 40-years-old and had started seeing visible decline in muscle-mass. This is someone who had hardly worked out in the past, so a decline must have felt more jarring than amongst those who do workout.

A senior citizen fixed deposit is a kind of investment designed especially for those sixty years of age and above. Depending on their financial objectives and needs, senior citizens can select an FD duration that ranges from a few months to several years. Senior citizens looking to lock in higher returns on their savings might consider a three-year fixed deposit. Current interest rates on these deposits are attractive. It is important to note that if the Reserve Bank of India (RBI) decides to reduce interest rates, future FD rates may decrease.

Finance Minister Nirmala Sitharaman is likely to present the Budget for FY 2025-26 in the Parliament on February 1, 2025. Prior to the presentation, the Ministry of Finance will publish the Economic Survey, which is followed by a press conference addressed by the Chief Economic Advisor and other senior officials of the Finance Ministry. The big theme for the upcoming survey will be deregulation, or the process of letting go of regulations in some spheres, Chief Economic Advisor V Anantha Nageswaran said on December 6.

But this claim does not stack up against mounting scientific evidence. What's more, emotion recognition technology poses a range of legal and societal risks — especially when deployed in the workplace.

Lok Sabha Leader of Opposition Rahul Gandhi on Saturday said that the Constitution could never have been written without ancient India and ideas. Speaking during a discussion on the 75th anniversary of the adoption of the Constitution of India, the LoP said that the Constitution contains a set of ideas from one philosophy of our nation. «In my last few speeches, I spoke about the concept of Abay Mudra. The concept of fearlessness, truth and nonviolence and I showed the House images of different religions displaying the Abay Mudra. People call it the longest written Constitution in the world but the Constitution contains a set of ideas from one philosophy of our nation. When we look at the Constitution and we open the Constitution we hear the voices and ideas of Ambedkar, Mahatma Gandhi, and Jawaharlal Nehru. But where do these ideas come from? These ideas came from old profound, traditions in this country. Those ideas came from Shiva, Guru Nanak, Buddha, Kabir, and Mahaavir. When we speak of the Constitution and we show the Constitution of course it is the document of modern India. but it could never have been written without ancient India, and its ideas,» Rahul Gandhi said in the Lok Sabha.

e-commerce platforms such as Zomato, Ajio and Ola will adopt a Safety Pledge on National Consumer Day on December 24 as part of steps to enhance product safety for online shoppers. The voluntary commitment, announced by the Department of Consumer Affairs, aims to detect and prevent the sale of unsafe and spurious products on digital marketplaces, an official statement said. A committee chaired by consumer activist Pushpa Girimaji developed the pledge after extensive stakeholder consultations in November 2023. With India projected to have 500 million online shoppers by 2030 and currently hosting 880 million internet users, the initiative addresses critical challenges in the rapidly expanding e-commerce landscape. The pledge requires platforms to cooperate with statutory authorities and raise product safety awareness among sellers.

owner-managed companies are leaders of value creation. In FY23 and FY24, 169 companies listed on the NSE (NSE) after successful IPOs, raising a massive Rs 94,204 crores. Of these, an overwhelming 99.82% (167 firms) were owner-managed enterprises—businesses helmed by their founder-promoters.

Mukesh Ambani, the richest Asian, has announced the appointment of Ira Bindra as the new Group President of entire people, leadership and talent piece at Reliance Industries Ltd as he looks to pivot people policies at the oil-to-telecom conglomerate. Normally, its functional heads who make announcements on talent hiring at senior level and Bindra is the first in recent times whose appointment has been announced by Ambani, chairman and managing director of Reliance, himself. She has been hired to drive transformation across the entire organisation. With her appointment, HR transformation at an unprecedented level is expected at Reliance. «Bindra joins us from Medtronic, USA, where she was the Head of Human Resources & Vice President — Global Regions,» Ambani said in an internal organisation announcement.

IndiGo flight en route to Jeddah, Saudi Arabia, was on Saturday forced to make an emergency landing at the Jinnah International Airport in Pakistan's Karachi city following a medical emergency onboard. The aircraft, which departed from New Delhi, was in Pakistani airspace when a male passenger fell seriously ill, according to sources from the Civil Aviation Authority (CAA). According to Geo News, the passenger was a 55-year-old Indian man.

Valuation is commonly measured using financial ratios such as the Price-to-Earnings (P/E) or Price-to-Book (P/B) ratios. Let's focus on the P/E ratio for instance. This ratio increases when a stock's price rises faster than its earnings during the same period. If the price significantly outpaces the company's earnings potential, the stock is considered overvalued or sometimes “extremely overvalued” too.

Supreme Court for a year-round ban on firecrackers, aiming to mitigate air quality degradation and noise pollution. Seasonal restrictions, introduced annually during Diwali since 2017, have proven insufficient to address the capital’s pollution crisis. “We will do it permanently,” Senior Advocate Shadan Farasat, representing the Delhi government, told the court, highlighting the administration’s firm stance. Firecrackers release pollutants such as sulfur dioxide, nitrogen oxides, particulate matter, and heavy metals like cadmium and lead. These chemicals not only degrade air quality but also contaminate soil and groundwater.

Gabba on Saturday. It turned out to be the only session of the day when rain and soggy grounds washed out the remainder of play. With more rain showing on the weather radar, umpires made the decision to call off play for the day about an hour before scheduled stumps.

For ages, gold has been recognised as an everlasting source of value, offering stability and security, notably amid uncertain periods. In contrast, cryptocurrencies, especially Bitcoin, have emerged as one of the most popular digital assets globally. It runs on a decentralised network and is resistant to government intervention. Despite phases of intense volatility and dramatic price declines, Bitcoin's overall trend has been upward throughout its existence. This has further generated curiosity as a possible long-term store of value to hedge against inflation and market instability. Moreover, Bitcoin is also called «digital gold”, grabbing the attention of both investors and organisations due to its decentralised structure, finite quantities and capacity to facilitate seamless transactions globally.

State Bank of India (SBI) report. However, it highlights several challenges in the agricultural supply chain that continue to impact food consumption across the country. Notably, states like Madhya Pradesh, Uttar Pradesh, Punjab, and Jammu & Kashmir have seen growth in both fruit and vegetable production. However, many northeastern states have reported a decline in per capita production.

Sports18 and streaming available on JioCinema.

China. The Biden administration was considering cutting off the sales of equipment used to manufacture semiconductors to three Chinese companies that the government had linked to Huawei, a technology giant that is sanctioned by the United States and is central to China's efforts to develop advanced chips. Applied Materials, KLA Corp. and Lam Research, which make semiconductor equipment, argued that the three Chinese companies were a major source of revenue. The U.S. firms said that they had already earned $6 billion by selling equipment to those Chinese companies and that they planned to sell billions more, two government officials said.