Experts Financial News

What's done is done. Let us celebrate the victories and the sheer talent and grit of our hero, Vinesh Phogat. This should also be the starting point to revamp India’s sports management—reminding administrators that their roles are not for power play, but for a greater national cause.

PSU stocks, and other export-oriented industries. They attribute potential declines to stretched valuations, a looming economic crisis in the US, reverse yen carry trades, and geopolitical flare-ups. In the past week, global markets have experienced a significant sell-off due to disappointing economic data from the US, the Bank of Japan's unexpected 25 bps rate hike, and the assassination of Hamas Political Bureau chief Ismail Haniyeh in Tehran.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

The week may have begun with a market-wide crash, but through the dip, investors have been getting a head start by purchasing Shiba Shootout ($SHIBASHOOT) tokens in Web3’s most exciting new presale.

NASA says chances are growing that two test pilots who flew a new Boeing capsule to the International Space Station in June may have to switch to SpaceX for a ride home

Legal experts say a lawsuit stemming from the Titan submersible disaster felt inevitable, but winning a big judgment against the owner of the vessel could be very difficult

Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis

Warren Buffet's company Berkshire Hathaway has a net aggregate of $131.63 billion in net-equity sales undertaken since October 1, 2022. But he has not sold any of the shares bought in this period. It has sold a total of $75.536 billion in net equities in the second quarter of the financial year. This is the most Berkshire Hathaway has ever sold in a single quarter. Now at a time when the US stock markets have witnessed a bloodbath and a meltdown last week, experts believe Buffet should not be taken lightly.

A newly formed policy group in the U.S. has proposed a groundbreaking policy to create a Bitcoin tax-free digital economic zone (DEZ).

Mint. About the Ganga water treaty renewal, the minister said, “We are moving forward positively." The Ganga treaty will complete 30 years in 2026 and calls for a renewal. Queries sent to the spokesperson of the Bangladesh High Commission in New Delhi, and the concerned departments of Sikkim and West Bengal governments remained unanswered at press time.

security flaw could have existed for as long as 18 years, yet it remained undetected by developers until recently. The issue was uncovered by researchers from the Israeli cybersecurity firm Oligo, leading it to be labeled as a "zero-day vulnerability" due to the lack of prior awareness and immediate patching.The exploit, dubbed the "0.0.0.0-day attack" by Oligo AI security researcher Avi Lumelsky, involves malicious websites potentially sending harmful requests through the 0.0.0.0 IP address.

Securities and Exchange Board of India (Sebi) on Thursday slapped a penalty of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited holding them in violation of total expense ratio (TER) norms prescribed by the regulator. Further, the trustee was penalised after the regulator found that it did not ensure compliance by the fund house.

Cochin Shipyard on Thursday reported a 76.6% year-on-year (YoY) growth in its consolidated net profit to Rs 174.23 crore for the June 2024 quarter of FY25. It had clocked Rs 98.65 crore profit in the year-ago period. The company's revenue from operations increased 62% to Rs 771.47 crore against Rs 475.86 crore in the corresponding period of the preceding fiscal.

Reserve Bank of India (RBI) on Thursday shortened the frequency of reporting credit information of borrowers to credit information companies (CIC) to 15 days. Earlier lenders were required to report this information at monthly intervals. The regulator said this move will provide a more up-to-date picture of a borrower’s indebtedness. The regulator is expected to issue necessary instructions soon. «It has been decided to increase the frequency of reporting of credit information to CICs from monthly intervals to fortnightly basis or at such shorter intervals as mutually agreed between the credit institutions and CIC,» the RBI said in a statement. «The fortnightly reporting frequency would ensure that credit information reports provided by CICs reflect more recent information.» RBI said this move will be beneficial to both borrowers and lenders.

In a world where billionaires launch into space for fun, Sam Altman of OpenAI fame has upped the game of one-upmanship by throwing a number into the universe that has made economists and mathematicians do a collective face-palm: $7 trillion. That is not a typo. It is seven trillion US dollars, a number so large that it’s practically a black hole in the world of finance that makes most tech-startup pitches look like lemonade-stand business plans.

Chennai on August 10 (Saturday). It will bring together entrepreneurs, industrialists, policymakers and sectoral experts on a common platform to discuss ways to strengthen the industrial ecosystem in the region. The ET Make in India SME Regional Summit in Chennai will focus on discussing ways to improve the state’s manufacturing and export might. To register for the Chennai summit, click here

Nifty FMCG and Nifty Pharma have returned 8% and 7.7%, respectively, compared to a 0.11% decline in the broader Nifty. In the 20-stock Nifty Pharma index, 16 stocks have posted positive returns. Of these, five have delivered double-digit returns: Granules India (23.43%), Gland Pharma (14.57%), Torrent Pharmaceuticals (11.69%), Ipca Laboratories (10.72%), and Natco Pharma (10.26%).

₹560 at 11:15 IST, a dip of 1.03% from the market opening price, ahead of the unaudited financial Q1 results today for 2024-25. According to stock market experts, the railway sector company is expected to declare strong Q1 results in 2024 on Thursday, as infrastructure sector companies are expected to deliver solid quarterly numbers.

LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL Infosystems, Minda Corp, Oil India, Page Industries, ZEE Learn among others will also declare their quarterly results.

The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence

Xpheno. The employment market in the first three months of the calendar year touched a 2-year high of 340,000 open positions at end March, shows the data curated from LinkedIn, Naukri.com, Indeed, Shine.com, among others. The number of active openings in July is a 4% degrowth over July 2023 and a 10% degrowth over July 2021, according to the data of white collar vacancies for professionals with one year of experience and above.