Experts Financial News

Stock market today: Dee Development Engineers share price was listed on the BSE and NSE at a bumper premium against its issue price of ₹193 to ₹203 per equity share. The stock opened at ₹325 per share on the BSE and at ₹339 per equity share on the NSE, delivering around 65 percent.

fixed deposit (FD) interest rates across tenors. SBI has increased FD rates by 75 basis points or bps (0.75%)—from 4.75% to 5.5% for deposits maturing between 46 days and 179 days. For longer tenors, the rate hike has been restricted to 25 bps (0.25%).SBI has increased interest rates for 180 days to 210 days from 5.75% to 6% and for those from 211 days to less than a year from 6% to 6.25%.

World Health Organization said in a new study, calling it a “silent threat” that needs greater attention.Data published in The Lancet Global Health journal on Tuesday showed that more than a third (31.3 per cent) of the global adult population — or roughly 1.8 billion people — did not meet the WHO’s recommended levels of physical activity in 2022.This was an increase of almost four percentage points from 2016, when 27.5 per cent of the global population was insufficiently physically active.For adults, the WHO recommends 150 minutes of moderate-intensity, or 75 minutes of vigorous-intensity physical activity, or its equivalent combination of activities, each week.In Canada, 37.2 per cent of adults were reported as physically inactive in 2022, the WHO study showed, going up from 31.1 per cent in 2010 and 25.6 per cent in 2000. If these trends continue, by 2030, the prevalence of physical inactivity in Canada could go up to 41.4 per cent, the WHO estimates.“Unfortunately, the world is not going into the right direction,” said Ruediger Krech, WHO’s director of health promotion, during a virtual news conference.“Physical inactivity is a silent threat to global health, contributing significantly to the burden of chronic diseases such as cardiovascular diseases, cancers, diabetes or respiratory diseases,” he said.The WHO study looked at the levels of insufficient physical activity for 197 countries and territories between 2000 and 2022.

Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire others to follow, the government said on Tuesday. A tax was first proposed in February by government-commissioned experts to help Denmark reach a legally binding 2030 target of cutting greenhouse gas emissions by 70% from 1990 levels. The centrist government late on Monday reached a wide-ranging compromise with farmers, industry, labour unions and environmental groups on policy linked to farming, the country's largest source of CO2 emissions.

Suzlon Energy shares have rallied 11% since June 4, 2024, after a 3% fall on the election outcome. On Monday, the counter hit a fresh 52-week peak and in the process gave a breakout from the last week high. The stock is a momentum pick, say analysts who see up to 28% upside over the current levels. On Tuesday, Suzlon Energy stock ended at Rs 53.62, down by Rs 1.09 or 2%.

On Tuesday, the Nifty futures closed with a 0.81% gain at 23,735 levels. The India VIX increased by 1.81% from 14.06 to 14.31 levels.

Pre-Budget Consultation with experts from the employment and skill development sectors to take suggestions for the forthcoming General Budget 2024-25, in New Delhi, on Tuesday. Leading names in the sector of skilling and employment such as Anshuman Magazine, Suchita Dutta, Sarvesh Agrawal, and Gayatri Vasudevan were present in the meeting. After the meeting, Anshuman Magazine, former Chairman of CII Northern Region and CEO-India, South East Asia, Middle East and Africa, Global Commercial Real Estate Services, said that the experts conveyed the need for skilled people. He said, «Basically the discussion was centered on skilling and employment generation. People from different sectors tabled their suggestions during the meeting. Considering the huge number of graduates coming out from the colleges, the experts suggested how can we make them job ready.»

artificial intelligence personal computers is unlikely to trigger a strong replacement demand in India as compared to other countries even as IT hardware makers start flooding store shelves with the next-generation machines, industry experts said. While the ongoing AI revolution has prompted enterprises, education institutes and government organisations to deliberate on using high-performance compute servers for training AI models and developing use-cases, the demand for AI laptops and notebooks — that are priced at a hefty premium to regular PCs — is expected to soar only after their use-cases are established and people start using them, market trackers and industry executives said.

Buy or sell stocks today: Following a rally in the banking stocks, the Indian stock market ended higher on Tuesday. Before ending at the 23,721 mark, the Nifty 50 index touched a new lifetime high for the 34th time in 2024.

Akme Fintrade IPO: The listing date for the initial public offering of Akme Fintrade (India) Limited has been fixed on 26th June 2024, i.e. today. According to the BSE notice, effective from Wednesday, June 26, 2024, the equity shares of Akme Fintrade (India) shall be listed and admitted to dealings on the Indian exchanges in the 'T' group of securities list.

intelligence (ASI) is said to be the next – and final – frontier of AI technology, going even beyond artificial general intelligence or AGI which AI major OpenAI aims to create. But what is ASI, which the likes of Softbank CEO Masayoshi Son and OpenAI cofounder Ilya Sutskever have been talking about, and what would it mean for humanity? ET explains. What is ASI?

Deputy Prime Minister Chrystia Freeland says she still has faith in Prime Minister Justin Trudeau’s leadership, after the party lost what was once considered one of the safest Liberal seats in the country.

Fewer Americans are buying life insurance than in the past, which suggests households may be at financial risk in the event of an unexpected death, experts said.

Lounge asked four yoga practitioners and trainers to share their daily yoga rituals, and a few they’d recommend to a yoga novice. Also read: The benefits of doing yoga everyday‘Yoga gave me this magical second life’– Anshuka Parwani, certified yoga and wellness expert and founder, Anshuka Yoga, Mumbai How my journey into yoga began: I used to be a pilot and a near-fatal accident had left me immobile with multiple fractures. I was bedridden for long and that’s when yoga came to me as therapy.

Vraj Iron IPO date: Vraj Iron and Steel IPO opens for subscription on Wednesday, June 26, and closes on Friday, June 28.Vraj Iron IPO price band: Vraj Iron and Steel IPO price band has been fixed in the range of ₹195 to ₹207 per equity share of face value of ₹10.Vraj Iron IPO lot size: Vraj Iron and Steel IPO lot size is 72 equity shares and in multiples of 72 equity shares thereafter.Anchor investors: The allocation to anchor investors for Vraj Iron and Steel IPO is scheduled to take place today (Tuesday, June 25).Vraj Iron IPO details: Vraj Iron and Steel IPO, worth ₹171 crore is completely a fresh issue of 8,260,870 equity share; there is no offer for sale (OFS) component, according to Red Herring Prospectus (RHP).Vraj Iron IPO objective: The company plans to use the proceeds from the IPO for general corporate operations and an expansion project at the Bilaspur site.Vraj Iron IPO listing date and allotment details: It is tentative that on Monday, July 1, the Vraj Iron and Steel IPO basis for share allocation will be finalized. On Tuesday, July 2, the business will begin refunds, and the shares will be deposited to the allottees' demat accounts the same day after the refund.

TEL AVIV—Israel’s military must begin drafting ultra-Orthodox Jewish students, the country’s Supreme Court ruled Tuesday, in a decision likely to put pressure on Prime Minister Benjamin Netanyahu’s right-wing coalition as Israel fights its war in Gaza. A unanimous panel of judges ruled that there is no legal basis for exempting ultra-Orthodox religious scholars after a series of laws and government decisions carving out service exemptions were either struck down by the court or expired.

The central government is likely to announce the interest rates of Public Provident Fund (PPF), Senior Citizen Savings Schemes (SCSS), National Savings Certificate (NSC), Sukanya Samriddhi Yojana (SSY), Post Office Monthly Income Scheme (POMIS) and other small savings schemes for the July-September quarter 2024 by June 30, 2024.

Forensic and other experts are combing through the charred ruins of a factory building near South Korea’s capital to find the cause of a fire that killed 23 people, mostly Chinese migrant workers

Kalki 2898 AD titled B&B: Bujji and Bhairava started streaming on Amazon Prime Video in the run-up to the film’s theatrical release. While these are undoubtedly seen as ways to create IPs (intellectual properties) that can sustain beyond the individual film, industry experts point out that this is an unchartered territory for India and would need significant work to become sustainable.

Mint. Members of the council may be directly appointed by the central government or based on the advice of a special search-cum-selection committee, the person said. “There is a definite push for mediation right now," the other person said.

Voltas, Blue Star Ltd, Havells India and Johnson Controls-Hitachi Air Conditioning India have seen their share price rise 42-78% in last one year Other Consumer appliances and fans manufacturers as Crompton Greaves Consumer Electricals, V- Guard Industries including Havells share price have also seen good rise of 42-46% in last six months.While Consumer appliances and durables demand including air conditioner had remained soft in 2023, start of 2024 and good summer season have led to strong lift in demand. The channel inventories have also streamlined and earlier concerns on high channel inventories are behind.