Experts Financial News

Shoigu, a former defence minister, also said the U.S. should play a leading role in rebuilding Afghanistan in view of its many years of military involvement in the country. Taliban leaders asked Shoigu to help them ease the pressure imposed by U.S. sanctions against the Kabul government, according to the Russian news agency reports.

BJP MLA from Rajsamand and newly crowned Maharana of Mewar, Vishvaraj Singh Mewar, and his supporters camped outside the City Palace after they were stopped from entering the palace. The situation escalated into a standoff between Vishvaraj Singh Mewar and his cousin Dr Lakshay Raj Singh Mewar, along with their uncle Arvind Singh Mewar, at the gates of the City Palace. Vishvaraj Singh, who is the 77th Maharana of Mewar, was reportedly refused entry into the palace.

Warner Music Group said on Monday its Australasia president Dan Rosen would take on the additional role of the president of its music publishing arm, Warner Chappell Music, in the region. The move will make Rosen the leader of both the recorded music and publishing businesses across Australia and New Zealand. «Dan has been an exceptional leader for Warner Music Australasia… this expanded role will enable him to strengthen our entire proposition in the region and set a new standard for how we serve the creative community,» said Simon Robson, president of EMEA, recorded music at Warner Music.

Investors have allocated large sums of money to thematic and international funds over the 12 months to October 31. Data from the Franklin Templeton industry dashboard showed that sectoral and thematic funds accounted for ₹1.4 lakh crore or 40% of the total flows of ₹3.5 lakh crore to the mutual fund industry during this period. Sectoral and thematic funds command the largest assets under management of ₹4.52 lakh crore in the equity mutual fund category, followed by the flexi-cap category (₹4.27 lakh crore). Sectoral and thematic indices often tend to fall higher than the broad-based indices. Compared to the Nifty 50, which fell 7.8% from its 52-week high, the Nifty India Defence index fell 24.7%, Nifty Energy fell 17.8%, Nifty Auto fell 14.6% and Nifty PSE fell 14.7%.

Merkel served alongside four US presidents, four French presidents and five British prime ministers. But it is perhaps her dealings with Russian President Putin that have drawn the most scrutiny since she left office in late 2021.

Chinmoy Krishna Das Brahmachari, a spokesperson for the Bangladesh Sammilita Sanatani Jagran Jote and an Iskcon priest, on Monday. The arrest was confirmed by Dhaka Metropolitan Police’s Detective Branch spokesperson Talebur Rahman, though no details of the charges have been disclosed, as reported by TOI. “Police spokesperson Talebur Rahman confirmed the arrest but did not give details of the charges.” Chinmoy Krishna Das, a key figure advocating for Hindu rights, was apprehended at Dhaka airport before his scheduled flight to Chattogram. He was later taken to a local police station for questioning.

Subscribe to enjoy similar stories. With just one real blockbuster to show this year in horror comedy Stree 2, entertainment industry experts expect Hindi box office returns for 2024 to be 30-40% lower than in 2023. Stree 2 collected ₹627.02 crore at the domestic box office, with the next best being Diwali releases Singham Again ( ₹259.95 crore) and Bhool Bhulaiyaa 3 ( ₹260.15 crore), according to data from entertainment portal Bollywood Hungama.

Victoria Beckham and Meghan Markle are reportedly no longer on speaking terms and are distancing themselves from the Sussexes. Following their disagreement, Meghan Markle and Victoria Beckham are reportedly not planning to get back together. The 50-year-old fashion icon and her 49-year-old soccer star husband, David Beckham, were once close to Prince Harry, 40, and Meghan, 43. In 2018, the power couple even went to Windsor Castle to witness the royal wedding of the Duke and Duchess of Sussex, as quoted in a report by The New York Post. However, since then, the relationship between the Beckhams and the exiled royals has soured, and new reports claim that the foursome is no longer on speaking terms.

Netflix has announced six new cast members for its upcoming supernatural drama, The Boroughs. The series is created by Jeffrey Addiss and Will Matthews, and has the Duffer Brothers as executive producers.

release date and details for Honkai Star Rail's 2.7 update. The update introduces new banners, missions and events.

astrophysicist Neil deGrasse Tyson expressed his skepticism about Elon Musk's vision for space travel to Mars while stating that such endeavors are unlikely to happen until governments see geopolitical benefits, reported The Hill. Neil deGrasse emphasized on the fact that interest alone does not equate to financial backing while suggesting that funding is crucial for any Mars mission. The Hill asserted that in response, Elon Musk defended his plans while asserting that colonizing Mars is essential for humanity's long-term survival and that he is not seeking venture capital funding due to its impracticality as an investment. Also Read:Big compromise by Jennifer Lopez? Amid divorce, she had to let go of this to work with ex-husband Ben Affleck

Adani Group is likely to reduce once some of the conglomerate's current investments are complete and start generating cash flows, a senior group executive told ET. «Funds were being spent on the copper plant, the roads business and the PVC business, where domestic banks and institutions participated in a big way,» the executive said, requesting not to be named. «What will also happen is that when these assets come online, you will see a drop in exposure of Indian banks back to below 36%.» Local banks and non-banking financial lenders accounted for about 42%, or ₹107,985 crore, of the Adani Group's total borrowings of ₹258,176 crore as of September-end, compared with 36%, or ₹88,100 crore, at the end of March 2024. As on March 31, 2023, the group had 31% of its loans from Indian lenders.

Subscribe to enjoy similar stories. Markets raised a toast to the thumping Maharashtra mandate, lifting stocks for a second straight day as bargain hunters returned. Benchmark indices extended Friday's gains to Monday, with the Nifty clocking the biggest two-day rise since early June.

More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-hi...

JPMorgan CEO Jamie Dimon is optimistic about the impact of artificial intelligence (AI) on the workforce while dismissing doomsday predictions and instead highlighting it’s potential to enhance business operations and improve work-life balance, reported Fortune. According to Fortune, Jamie Dimon envisions a future where employees might work only three and a half days a week while benefiting from AI's ability to automate tasks that currently consume 60% to 70% of their time. He also believes that this technological shift could contribute significantly to the global economy which will potentially add between $2.6 trillion and $4.4 trillion annually. Also Read: US stocks going off the charts after Scott Bessent's nomination as Treasury Secretary in Trump's administration

HD Kumaraswamy's wife Anita Kumaraswamy on Monday said her son Nikhil Kumaraswamy faced defeat only in the elections, but his humanity and compassion remain undefeated. In the high-profile contest in Channapatna bypoll, Kumaraswamy Jr, who contested as NDA candidate, lost to Congress candidate CP Yogeshwar by over 26,000 votes. In an emotional social media post, the union minister's wife, a former lawmaker herself, said she had accepted her son' s defeat. «In an electoral system, victories and defeats are part of the process. For someone to win, another must inevitably lose. However, there are numerous reasons behind any loss, and it is not my intention to discuss those reasons here.»

IIM Ahmedabad has wrapped up the summer placement process for the MBA Class of 2026 of the Post Graduate Programme (PGP) in Management, with 38% of students getting placed in the consulting sector, followed by 22% in banking, financial services and insurance (BFSI), 11% in consumer goods and durables and 7% in conglomerates, according to a statement issued by the institute on Monday. Firms from multiple domains participated across the three clusters in Summer Placements, with all students being placed across more than 25 cohorts of firms that visited. Despite challenging market conditions, the institute saw a rise in recruiting firms, and roles being offered. 51 new companies participated in the 2024 summer placements, up from 12 in 2023. In Cluster-1, in the Transformation & Operations Consulting cohort Accenture Strategy was the largest recruiter with Accenture Strategy’s India Market Unit extending 6 offers and Accenture Strategy Global Network making 33 offers followed by Vector Consulting Group with 7 offers. In the Management Consulting Cohort, Boston Consulting Group (22), McKinsey & Company (15), Bain & Company (14) were the top recruiters. In the Investment Banking & Markets Cohort, Goldman Sachs (11) and HSBC (India and Hong Kong) (6) were the top recruiters. EY-Parthenon India (8) led the charge in the Advisory Consulting Cohort. The Private Equity/Venture Capital Cohort was led by WinZO Fund (6) and White Oak Capital (3).

Bharatiya Janata Party (BJP) led Mahayuti alliance in Maharashtra assembly elections. It was a broad based rally panning all sectors but bank stocks stood out. While the benchmark S&P BSE Sensex settled at 80,109.85, up by 992.74 points or 1.25%, the broader Nifty closed at 24,221.90, higher by 314.65 points or 1.32%.

The times ahead for the US stock market may not exactly be flourishing because of increasing inflation and recession fears, that could create undue pressure both, on the US economy as well as the stock markets. Bessent will then be responsible for putting out the fire, especially since Trump's economic policies are reportedly inflationary in nature. But, reports suggest that he may do a great job in the post he has been nominate for, based on his previous track record. Also Read: Will Elon Musk's DOGE abolish the Federal Reserve? Here are the devastating consequences if he does that

The brothers were found guilty of murdering Jose and Kitty Menendez in 1989 and sentenced to life in prison without parole. While their defense attorneys argued at trial that they had been sexually abused by their father, prosecutors denied that and accused them of killing their parents for money. In the years that followed, they repeatedly appealed their convictions without success, AP reported. Now, at 53 and 56, Erik and Lyle Menendez are making a new bid for freedom. Their lawyers filed a habeas corpus petition — a request for a court to examine whether someone is being lawfully detained — in May 2023, asking a judge to consider new evidence of their father's sexual abuse. «Newly discovered evidence directly supports the defense presented at trial,» the petition said.

Tesla CEO Elon Musk of abolishing the Federal Reserve (Fed) aligns with US President- elect Donald Trump's economic vision which potentially increases Elon Musk's influence in the government, reported GO Banking Rates. According to GO Banking Rates, Elon Musk eventually expressed support for dismantling the Fed by sharing a post from Senator Mike Lee, who actually criticized the role of Fed in US economic policy. Eminent experts have already warned that abolishing the Fed could eventually lead to significant economic upheaval which will include heightened inflation volatility and increased borrowing costs for consumers. Also Read :This 45-year old tech CEO eats his final meal at 11 am in the morning; what is the logic and why is he doing this?