Experts Financial News

A recent survey by Corebridge Financial, conducted online by Morning Consult during National Financial Capability Month, highlights a notable shift in financial planning trends across generations.

Indian Railways is unable to assess the completion date of the country's first bullet train project because all work tenders have not been awarded yet. The National High Speed Rail Corporation Limited (NHSRCL), which is constructing the 508 km long corridor, said this in response to an application under the Right to Information Act. Madhya Pradesh-based Chandra Shekhar Gaur sought to know if the NHSRCL is in a position to give a final date for the completion of the whole project though an application under the RTI. Responding to the same, the NHSRCL said, «Completion date for Mumbai-Ahmedabad High Speed Rail Project (MAHSRP) can be assessed after award of all tenders/packages.»

The News, said this new post by the Princess of Wales is a "clear message" to both her fans and critics that she is ready to forgive and resume her royal role. Her latest Instagram post on her youngest's birthday is an “unedited" photo of Prince Louis grinning at the camera as he lies barefoot on the grass.

Bharti Airtel retains the numero uno spot among the trio, which also comprises the largest play in Reliance Jio Infocomm. Nuvama Institutional Equities which finds the sector at an inflection point opines that it will likely benefit from a chain of events including fund infusion in debt-ridden Vi, the likelihood of tariff hikes by operators, and government support.

pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sector during the last fiscal, are the US, the UK, the Netherlands, the United Kingdom, South Africa and Brazil.

Mazagon Dock Shipbuilders shares extended gains from a 4% rally in the previous session which was coupled with heavy volumes. Brokerage firm Anand Rathi has named Mazagon Dock Shipbuilders as its ‘Pick of the month’ and expected the stock to give a decent near 11% upside. Technical charts suggest that Mazagon Dock Shipbuilders stock has seen a breakout after a consolidation.

KYC process with a bank, the CEO added. “For small sellers, the dual KYC can be expensive and will increase the cost so much that most players will stop serving small online merchants. These include people selling on Instagram and Facebook, where the value and volume of transactions are small," said the CEO.

Priyanka Gandhi Vadra, with the words "Amethi ki janta kare pukaar, Robert Vadra ab ki baar" were seen outside the grand old party's office in Gauriganj, Amethi on Wednesday. The Congress party is yet to announce its candidate for the upcoming 2024 Lok Sabha elections in Uttar Pradesh's Amethi constituency. These posters sparked speculations about his potential candidacy, as the nomination filing deadline rapidly approaches.

₹1,112.90 against its previous close of ₹1,173.25 and fell 5.30 per cent to the level of ₹1,111.05. Around 10:15 am, Tata Consumer share price traded 4.88 per cent lower at ₹1,116 apiece. Equity benchmark Sensex was 0.39 per cent up at 74,024.86 at that time.

Also Read: Day trading stocks to buy: Anand Rathi expert recommends these three shares to buy today — April 24 Shares of these 23 companies will likely react to their Q4 results today. Here’s a look at how some of these top companies are expected to perform in Q4: FMCG major Hindustan Unilever (HUL) is expected to report muted earnings growth in the March quarter. HUL Q4 net profit in Q4FY24 is estimated to rise 2.71% to ₹2,538 crore from ₹2,471 crore, YoY.

Buy or sell stocks for today: Frontline indices Nifty 50 and Sensex settled higher for the third consecutive session yesterday driven by firm global cues and easing Middle East conflict. A major drop in the volatility index indicated that market participants are confident about the near-term trajectory.

The committee now includes special invitees from the industry including director general of Organisation of Pharmaceutical Producers of India (OPPI), managing director, US-India Strategic Partnership Forum (USISPF), industry representatives like Medical Technology Association of India (MTal), Confederation of Indian Industry (CII), forum coordinator of Association of Indian Medical Device Industry (AiMed), Federation of Pharma Entrepreneurs (FOPE), among others. The committee will evaluate the availability of medicines and medical devices, the pricing of essential medicines while providing incentives to the industry to maintain growth and build sustainability in exports. The committee will soon start consultations with the industry experts and associations of both medicines and medical devices, people in the know told ET.

to an all-time high of $2,431.29 on April 12, according to news agency Reuters. US gold futures slipped 0.6 per cent to $2,331.80. Elsewhere, spot silver was little changed at $27.17.

Axis Bank is expected to report a net profit of Rs 6,305.25 crore for the quarter ended March 31, 2024, according to average estimates of four brokerages against the loss of Rs 5,728 crore reported by it in the year-ago period. The recovery in profit after tax (PAT) will be led by an uptick in interest income where the bank is seen to report a net interest income of Rs 12,926 crore, up by 10.60% on a year-on-year basis, the average estimates revealed.

KPI Green Energy, have surged 450-500 per cent over the last year. Some others, such as SRM Energy, SJVN, JP Power Ventures and Adani Power have jumped 200-350 per cent in the same period. There are over 15 stocks in the renewable energy space that have jumped more than 100 per cent in the last one year.

Credit cards offer several benefits like cashback, miles, vouchers, discounts, free priority pass membership, etc, to attract customers. One of their prominent offerings is free airport lounge access at select airports in the country and abroad. The facility of airport lounge access is available not only on travel credit cards but also on some other premium cards issued by banks.

After upgrading itself with several generative AI models, Adobe is adding some new generative AI tools to its Photoshop creative software. The new model aims to give users additional ways to control the designs they generate. These new tools will be powered by Adobe’s new Firefly Image 3 foundation. Reportedly, the new models will be available from today through the Photoshop beta desktop app.

As many as 5,44,205 appeals were pending resolution with the Income Tax (IT) Department at commissioner (appeals) level as of January 31 this year, and 63,246 at various Income Tax Appellate Tribunals (ITATs), High Courts, and the Supreme Court, FE has learnt.

In the case of any financial investment strategy, diversification is what can save you even when the times are bad. Of course, the big players remain relevant more often than not, it is always a good decision to try out promising new players with show some promising prospects. The BEFE coin is one such altcoin that has been experiencing fast growth in the last few months. It has also captured the attention of experienced and new investors alike.

₹2,64,834 crore ($31.8 billion). However, profit after tax (PAT) remained almost flat at ₹21,243 crore ($ 2.5 billion) against ₹21,327 crore in the same quarter last year. Also Read: Reliance Q4 results: Net profit declines 1.8% YoY to ₹18,951 crore The company said its EBITDA increased by 14.3 per cent YoY to ₹47,150 crore ($ 5.7 billion) with all businesses contributing strongly.

Day trading stocks to buy today: The weak global market sentiments continued to fuel the Indian stock market for the second straight session on Monday. The Nifty 50 index gained 189 points and ended at the 22,336 level, the BSE Sensex surged 560 points and closed at the 73,648 mark whereas the Bank Nifty index closed 350 points northward at the 47,924 level. The cash market volumes on the NSE were lower at Rs.0.95 lakh crore.