Experts Financial News

28.10 / 12:31
markets Digital wellness Experts PAM stars shock Manchester United manager Erik ten Hag sacked following shocking defeat to West Ham
Manchester United on Monday sacked Erik ten Hag as the manager of the club’s first team. Ten Hag, who joined United in April 2022, leaves after leading the club to two significant domestic triumphs, including the Carabao Cup in 2023 and the FA Cup in 2024. This development comes in after the club suffered another damaging defeat under ten Hag as Jarrod Bowen's penalty in stoppage time gave West Ham a 2-1 win on Sunday. It is to be noted that United slip to 14th position in the Premier League table, with just three victories of their opening nine games.
28.10 / 12:31
markets Citi Target Digital Experts PAM Investigations MUDA SCAM: ED conducts searches on former commissioners & builder in Bengaluru, Mysuru & Mandya
Bengaluru, Mandya and Mysuru as part of investigations into money-laundering arising from the alleged scam in the allotment of housing plots in Mysore Urban Development Authority (MUDA). The agency targeted builders and officials after its preliminary inquiries led the sleuths to them. Sections of political leaders had alleged the scam was worth thousands of crores while calling for high-level investigations. The ED’s Monday raids covered a builder and two former commissioners at MUDA, among others.
28.10 / 12:31
markets Digital Experts PAM country Equality peace India, China continue disengagement in Demchok, Depaang in eastern Ladakh
Eastern Ladakh sector, defence sources said on Monday. According to the defence sources, the process is expected to be completed soon. Earlier, the Chinese Foreign Ministry said on Friday that the frontier troops of both India and China are engaged in «relevant work» in accordance with the agreement reached between the two nations on issues concerning the border.
28.10 / 12:31
markets UPS Citi Provident Digital Experts PAM Guide to smart investments on Dhanteras with today's gold price in Chennai
If one is a resident of Chennai then staying updated on the gold price today in Chennai is necessary. Gold has always been a valuable asset, offering both emotional and financial security, which makes it an attractive investment option, especially during festive seasons. Moreover, life is full of surprises, and emergencies often come unannounced. In such situations, urgent funds may be needed to cover unexpected expenses. A gold loan is one of the best funding options to meet these sudden needs. By leveraging one’s gold assets, individuals can access quick funds without selling their jewellery.
28.10 / 12:31
markets UPS Booking Analysis Trade Experts reports Suzlon Energy Q2 results: Net profit jumps 96% YoY to Rs 201 crore, revenue up 48%
Suzlon Energy on Monday reported a 96% jump in its September quarter consolidated net profit at Rs 201 crore versus Rs 102 crore in the year ago period. Company's revenue from operations during the quarter stood at Rs 2,093 crore, up 48% over Rs 1,417 crore reported in the corresponding quarter of the previous financial year. Company's Earnings, Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in the reported quarter stood at Rs 294 crore versus Rs 225 crore in the year ago period. It was 31% higher on a YoY basis. Meanwhile, EBITDA margin in Q2FY25 was down to 14.1% from 15.9% in the year ago period.
28.10 / 10:05
markets Manufacturing Analysis wellness Trade Experts rights We see large opportunities in India, will start manufacturing in US this financial year: Hitesh Doshi, Waaree
Hitesh Doshi, Chairman & MD, Waaree Energies, says ALMM is one of the non-tariff barriers which is helping to promote Make in India. Just by bringing ALMM in for a short span, Indian module manufacturing capacity has increased and our exports have also increased. Doshi believes that this will not be restricted only to the module and in the coming days, we will see that more such things are coming for the entire value chain where the Waaree is also planning to expand in all these areas. You did this fundraiser to support the capex, but you are not alone in that. A lot of conglomerates right from Tatas to Adanis have announced their capex in this sector. Do you anticipate a threat of a supply glut if not immediately, maybe three to five years out? Hitesh Doshi: Of course, there is a huge demand which we had discussed in the last interview and this demand we also discussed right from 500 gigawatt of the present mission, as well as hydrogen, batteries, so all this we will need a huge supply chain. So, Waaree is going as per the plan, but it is not going to meet the entire requirement of the country. Apart from this, globally people are looking for India as a second supply chain. So, personally, I do not see there is going to be a glut or all that. This is the need of the hour and we will need this.
28.10 / 10:05
UPS Digital Food Experts Freedom stars Features Amazon Great Indian Freedom Festival 2024: Up to 55% OFF on Refrigerators
up to 55% OFF on refrigerators from popular brands Haier, Samsung, LG, Godrej and more. You can also find your next refrigerator with the help of the features you want in your future refrigerator at discounted prices. You can further club these discounts with an exchange discount of up to Rs. 16,000 to get the best deal possible. Also, make your payment with the selected banks mentioned on the website to get an additional 10% discount on your payment. Hurry, because the sale ends tomorrow and you must buy your refrigerator before that.
28.10 / 09:47
markets Provident Death Research Experts country reports About a third of 2019's asthma cases related to prolonged exposure to PM2.5, global study finds
asthma cases reported in 2019 were related to prolonged exposure to pollution due to PM2.5 or fine particulate matter, a finding that researchers said provided «sufficient evidence» on the link between air pollution and asthma. The review of 68 studies conducted from 2019-2023 across 22 countries, including South Asian ones, showed that for every 10 micrograms per cubic metre increase in PM2.5, the risk of developing childhood or adult asthma increases by over 21 per cent. The respiratory condition is marked by recurring symptoms of wheezing, coughing and breathlessness and can severely impair quality of life. «We estimate that globally in 2019, almost a third of asthma cases are attributable to long-term PM2.5 exposure, corresponding to 63.5 million existing cases and 11.4 million new cases,» first author Ruijing Ni, from the Max Planck Institute for Chemistry, said.
28.10 / 09:47
markets Provident Google Sustainability Experts recommendations Schools EPF pension alert: Diwali cheer for EPS pensioners as EPFO will release pension early in October
Pension Scheme (EPS), which is overseen by the EPFO will receive their pension early on October 29, 2024, as per a circular issued by the retirement fund organization. According to the EPFO circular dated October 25, 2024, “Keeping in view the upcoming Diwali festivities and the associated public holidays, it has been decided to release the pension for the month of October 2024 on 29th October 2024. This aims to ensure that pensioners receive their pensions in advance without any delay and can withdraw their pension on 30th October as 31st October is a holiday” The EPFO has recommended that all Zonal and Regional Offices give the required directives to the banks that pay pensions under their purview in order to guarantee that the aforementioned is carried out.
28.10 / 09:47
markets Digital economy Food Experts reports Headlines Why inflation rate may not be the most 'accurate gauge' of the economy?
Economic Survey for September and said that inflation expectations in India are softening, indicating reduced inflationary concerns. The report said that both household and business surveys by the Reserve Bank of India (RBI) and the Indian Institute of Management, Ahmedabad (IIM-A) suggest a stable demand environment, despite the impact of price fluctuations in key food items on headline inflation. «The headline inflation rate, influenced as it is by a few food items, may not be the most accurate gauge of underlying demand,» the government said.
28.10 / 09:47
markets Digital Align Research Experts Diversity innovations Mid-career roles are emerging in banking and financial services
Dhriti Prasanna Mahanta, VP and Business Head, TeamLease Degree Apprenticeship, says these changes have led to increased demand for specialised roles. Mid-senior level hiring now includes positions like credit analysts, investment bankers and financial analysts who focus on risk evaluation, capital management and financial planning. Asset managers oversee investment portfolios, while product managers develop innovative financial products. In fintech, roles such as cybersecurity managers, data scientists, research analysts, software developers, machine learning experts and database architects have become crucial, leveraging advanced analytics and technology to drive business growth and enhance customer experiences. Aatash Shah, SVP and Head-Business, Manipal Academy of BFSI, says with 80% of transactions happening through digital platforms, operations roles are transitioning to digital-first, and recruitment now focuses on customer engagement via digital channels. This reflects the broader industry trend of moving towards digitally savvy roles over traditional operational positions.
28.10 / 09:47
UPS Manufacturing Analysis Trade Experts reports Shakti Pumps Q2 Results: PAT soars to Rs 101 crore
Shakti Pumps (India) Ltd (SPIL) has reported a multifold jump in consolidated profit after tax in the quarter ended September to Rs 101.4 crore, on account of a surge in revenues. It had posted Rs 6 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in statement issued on Monday. During the second quarter, the company's revenue from operations also rose four-fold to Rs 634.6 crore, from Rs 152.8 crore a year ago.
28.10 / 09:47
markets UPS Manufacturing Sustainability Election Experts Govt, Mahayuti dispensation conspired for 'wholesale surrender' of Maharashtra's interests: Congress
C-295 aircraft facility inaugurated in Vadodara was earlier supposed to be set up in Nagpur and alleged that under Prime Minister Narendra Modi's instructions, the Centre and the Mahayuti dispensation have conspired to ensure the "wholesale surrender" of Maharashtra's interests. Congress general secretary in-charge communications Jairam Ramesh said the people of Maharashtra will give a befitting reply to the PM and his colleagues for their betrayal of the state. The opposition party's attack came after Prime Minister Modi and his Spanish counterpart Pedro Sanchez inaugurated the Tata Advanced System Limited (TASL)-Airbus facility to manufacture C-295 military aircraft in India. The Tata-Airbus facility is the first private sector final assembly line for military aircraft in India. «Today, the non-biological PM is in Vadodara to launch the Tata-Airbus C-295 aircraft facility. This exact same project was supposed to be set up in Nagpur, but was shifted to Gujarat in 2022 on the eve of the assembly elections there,» Ramesh said in his post on X.
28.10 / 09:11
markets Ethereum Digital Experts Shiba Inu PAM stars Shiba Inu rival priced below $0.002 might pump following successful meme coin presale
New cryptos like Popcat, Neiro, and Crypto All-Stars might potentially threaten the dominance of Shiba Inu. One of the biggest meme-coin gainers of this altcoin season is Popcat. The Solana meme coin has recorded a 50% jump over the last few weeks, exploding to over $1 billion market cap. It now ranks eighth on the top memecoin list. First Neiro On Ethereum (NEIRO) is another meme coin in the spotlight now. NEIRO began its journey in August. In less than two months, the mem ecoin has amassed a $500 million market cap. <div data-placement=«Mid Article Thumb
28.10 / 09:11
markets FIVE Strategy Experts performer recommendations 7 equity mutual funds offered over 25% returns in three- and five-year horizons
equity mutual funds have offered over 25% returns in both three- and five-year periods. We have looked at the performance of 193 equity mutual funds, which have completed five years of existence in the market. Four smallcap funds, two midcaps and one multicap fund offered over 25% returns in the mentioned horizons. Also Read | Samvat 2081: How mutual fund investors can tweak their investment strategy this Diwali
28.10 / 09:11
markets Digital Enterprise wellness Experts PAM reports PMAY, Centre's focus on infrastructure development poised to drive growth for cement sector: Ambuja Cements
Ambuja Cements said in a press release on Monday. «Strong infrastructure demand and ongoing needs from the housing and commercial sectors are anticipated to boost cement demand in H2 FY 2025,» Ambuja Cements' press release said, which was posted with the company's Q2FY25 earnings. The rollout of the Pradhan Mantri Awas Yojana (PMAY) Urban Housing 2.0, which includes an allocation of ₹11 lakh crore is expected to benefit the sector as well, the cement producer said.
28.10 / 08:57
Progressive Analysis Research Trade Experts performer reports Arvind Q2 Results: Net profit slides 25% YoY at Rs 63 cr on to higher expenses, deferred tax provision
Arvind Ltd on Monday reported a 25.44 per cent decline in consolidated net profit at Rs 62.77 crore in the second quarter ended September 30, 2024 impacted by higher expenses and a one-time hit due to rise in provision for deferred tax. The company had posted a consolidated net profit of Rs 84.19 crore in the corresponding period last fiscal, Arvind Ltd said in a regulatory filing. Consolidated revenue from operations in the second quarter stood at Rs 2,188.31 crore, as against Rs 1,921.73 crore in the year-ago period, it added.
28.10 / 08:57
markets Target Digital President Experts Iran says it will 'use all available tools' to respond to Israel's attack
Israel's weekend attack on military targets in Iran, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said on Monday. Iran previously played down Israel's air attack on Saturday, saying it caused only limited damage, while U.S. President Joe Biden called for a halt to escalation that has raised fears of an all-out conflagration in the Middle East. Speaking at a weekly televised news conference, Baghaei said: "(Iran) will use all available tools to deliver a definite and effective response to the Zionist regime (Israel)".

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