Experts Financial News

₹418 apiece on the BSE, extending gains for the third straight session. Sumitomo Chemical shares have gained 7% in one week, while the stock has rallied 12% in the past three months. Brokerage firm Anand Rathi has recommended Sumitomo Chemical India shares as its stock pick of the month.

The death of a British man and injuries impacting dozens of other people aboard a Singapore Airlines flight have highlighted the potential dangers of flying through extreme turbulence

feedback from their managers as they or their peers view it as a negative assessment of the candidate’s performance or abilities. This misconception often leads to employees failing to use feedback to their advantage, and it becomes an obstacle to career growth. Early career professionals must understand how feedback fosters growth, and learn how to leverage it to their own advantage. The process starts by comprehending the psychological barriers that often prevent young professionals from seeking and accepting feedback. Psychological barriers to embracing feedback

Bharat Heavy Electricals (BHEL) cracked almost 8 per cent in early deals on BSE on Wednesday, May 22, a day after the company reported its March quarter (Q4) scorecard. BHEL share price opened at ₹305 against its previous close of ₹319.20 and crashed about 7.6 per cent to hit the level of ₹295. The stock, however, pared losses soon and traded 4.61 per cent lower at ₹304.50 apiece around 9:20 am.

India Meteorological Department (IMD) has issued a red alert for parts of Rajasthan, Punjab, Haryana, Chandigarh, Delhi, and West Uttar Pradesh. Over the next five days, severe heatwave conditions are expected, with temperatures likely to exceed 47°C in several areas. Temperature Predictions and Regional Impact Senior IMD scientist Naresh Kumar reported, «Temperatures are currently above normal across North West India, and we had issued a red alert for the region over the past 2-3 days. The maximum temperature is likely to inch further up from 45°C and settle at 47°C in Rajasthan.» In Punjab and Haryana, temperatures will gradually increase by 2 to 3 degrees after a slight drop due to a western disturbance. Uttar Pradesh also faces a red alert for the next five days, and an orange alert is issued for northern Madhya Pradesh.

CEO of Singapore Airlines on Wednesday issued a public apology following an incident of severe turbulence on a flight from London to Singapore, which resulted in one passenger's death and injuries to 30 others. In a video message, Goh Choon Phong expressed deep sorrow over the incident, stating, «We are deeply saddened by the incident» and extended apologies for the «traumatic experience» endured by all passengers on flight SQ321.

NEW DELHI : New Delhi: The administrators of insolvent companies have approached tribunals to reverse questionable pre-bankruptcy transactions of businesses worth over ₹31,000 crore from 131 cases in the March quarter in an effort to maximise the resources available for restructuring them, official data showed. With this, the number of such voidable transactions flagged before tribunals by debt resolution professionals has gone up to 1,237 at the end of March, estimated at ₹3.7 trillion, up from ₹3.39 trillion at the end of December, according to data from Insolvency and Bankruptcy Board of India (IBBI), the rule maker for the sector.

Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex witnessed cautious trade and settled flat in the previous session with most stocks suffering losses. Weak global cues from Asian and European markets, lack of fresh triggers, and the market's rich valuation capped further gains. The US Federal Reserve policy minutes, expected to be out later tonight, will offer investors hints on the timing and extent of interest rate cuts this year.

The current Bitcoin bull market is falling short of the highs of 2017, Russian experts claimed on May 20.

Ebrahim Raisi, seen as a possible successor to supreme leader Ayatollah Ali Khamenei, has reshuffled the cards in the succession process and increased the spotlight on the Iranian number one's son Mojtaba as a contender. While analysts emphasise it is impossible to know for sure the intentions of Iran's leadership, Raisi's record as a pillar of the Islamic republic over several decades made him an inevitable candidate to become its third supreme leader after Khamenei and revolutionary leader Ayatollah Ruhollah Khomeini.

corporate actions like the dividend declaration, bonus shares, and stock split for companies like Vedanta, Tata Consumer, SBI, and Inox Wind. Here is a list of corporate actions lined up for the rest of the week:

As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there's a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property.

Lack of access to affordable bank credit for MSMEs has remained a perennial issue for not just the entrepreneurs but also for lenders and the government alike to bring businesses in the informal economy into the formal fold. Poor credit access emanates from the lack of collateral with MSMEs to pledge against the credit. To tide over this challenge, over the past few years, banks and non-banking financial companies (NBFCs) have been gradually integrating historical data of MSMEs including GST filings, cash flow information, and more to underwrite business or working capital loans to them.

Through smart investing, one can outpace inflation and increase the value of money. Long-term investment allows investors to take advantage of compounding, which involves reinvesting profits again and again. Over time, this compounding benefit helps generate even higher profits. With long-term investment, investors have the opportunity to roll over the profits earned from one asset into other promising investment instruments.

As the deadline for filing income tax returns approaches, cryptocurrency investors in India are preparing to navigate the complexities of crypto taxation. While the concept of taxing crypto assets is relatively new and can pose challenges for investors, the evolving landscape of innovation and technology has introduced simplified solutions for crypto tax filing provided by compliant exchanges in India. These exchanges have taken proactive measures to ensure tax compliance for their users, forming partnerships with leading tax solution providers to automate the calculation of crypto tax obligations tailored to Indian investors’ needs.

Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy protection

The CIA’s first chief technology officer Nand Mulchandani is marshaling generative AI tools to the intelligence agency

The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe

Food innovations and fancy plating often allure us, but the side effects of many innovations, which might look pleasing to the eye, can be dangerous. One such innovation is the use of liquid nitrogen, which recently led to a 12-year-old girl in Bengaluru suffering a hole in her stomach after consuming liquid nitrogen paan. By the end of April, the girl developed stomach discomfort, leading to a diagnosis of perforation peritonitis—a hole in her stomach. It is reported that the girl wanted to try the trend of foods infused with liquid nitrogen because it looked interesting to her. Doctors emphasized the need for immediate surgery to prevent further complications. The girl underwent an exploratory laparotomy with intra-op OGD scopy and sleeve gastrectomy, removing a portion of her stomach measuring about 4x5 cm on the lesser curvature.

NEW DELHI : Navigating the legal landscape of succession rights in India can be particularly challenging for non-resident Indians (NRIs) married to foreign nationals. Questions about the financial rights of offspring and spouses of NRIs whose marriages aren't solemnized in India often arise, creating a maze of legal intricacies. While the short answer is that there are no immediate issues, the longer answer uncovers several legal nuances.

Hemant Sood, the managing director of Findoc, is positive about the prospects of the Indian stock market. Sood says this could be a good time to enter the market and suggests buying on dips to average out the portfolio's overall performance. He adds that there is huge potential for a double-digit return this year, but this cannot be guaranteed due to overvaluation.