Experts Financial News
05.04 / 19:53
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South Korea election issues: Green onions, striking doctors, an alleged sexist jab at a candidate
As South Koreans prepare to vote for a new 300-member parliament next week, many are choosing their livelihoods and other domestic topics as their most important election issues
05.04 / 19:25
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Did China develop an 'Enigma' machine to penetrate US Govt officials' accounts?
The hacking prowess seems to have taken a massive surge and the suspicion falls upon Xi Jinping's China government which has a long history of cyber-hacking Western government officials, mostly in the United States and United Kingdom.
05.04 / 18:51
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Florida RIA rolls out tax and accounting service
Graham Capital Wealth Management, an independent RIA based in Florida, has broadened its service offerings with a new tax and accounting practice.
05.04 / 18:19
05.04 / 17:35
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Indians with pending EAD applications stand to benefit with extended validity tenure
(This story originally appeared in on Apr 05, 2024)
05.04 / 17:33
05.04 / 17:15
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Deep Dive: Copper supply squeeze offers potential for gold-busting returns
With interest rates at their highest level in over a decade, experts highlighted the new environment has take a toll on gold, with John Reade, market strategist for EMEA at the World Gold Council, explaining that investors «typically prefer assets with higher yields» as interest rates rise and stock markets enjoy bullish sentiment. George Cheveley, portfolio manager and metals specialist at Ninety One, added that the surge in cost inflation over the past two years has also strained gold companies, as margins were tighter than usual. Four Graphs explaining silver However, as markets...
05.04 / 15:31
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Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India?
Also Read: Expert View | Oil market oversupplied with high US output, Brent seen at $87-$92 for 2024: ShareKhan's Mohammed Imran The JMMC of the OPEC+ cartel, met online on Wednesday, April 3, to review the market and members' implementation of output cuts. In a statement following the meeting, OPEC+ said some member countries had promised to improve their adherence to supply targets.
05.04 / 13:51
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India will need huge pool of company secretaries to manage capital flow to support USD 10 trillion economy by 2030
company secretaries will be tremendous to manage the inflow of capital both from the Indian and international investors, a top domain expert said on Friday. «We have to increase the pool of Company Secretaries (CS) to 95,000 by 2030 and to 1.4 lakh by 2047, the year of Viksit Bharat economy driven by capital flow and the government-initiated infrastructure development,» B Narasimhan, President of the Institute of Company Secretaries of India (ICSI), said here. Currently, ICSI has around 70,000 CS members and over 2 lakh students, he told PTI. Narasimhan gave an insight into the aspects resonating with the Indian economy.
05.04 / 13:41
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Buying house to become costlier? Here's how cement price rise will affect the real estate market in India
₹10-15 per bag. In North India, the prices of 50 kg bags will see a hike of ₹10-15, while the Western region may witness an increase of ₹20 per bag. The central and eastern regions are expected to face a more substantial rise, with prices potentially rising by ₹30-40 per bag.
05.04 / 12:59
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2024 predictions: Solana to $500, BNB to $1000, and NFTFN to break through to $5
The cryptocurrency market is currently beaming with bullish momentum and an overall positive sentiment. The renewed investor confidence and market liquidity has led to a considerable surge in the prices of cryptocurrencies across the board.
05.04 / 11:29
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Hyderabad moving towards Bengaluru-like water crisis? Indian Institute of Science study suggests shocking similarities
Comparing the statistics between the two cities, the Indian Institute of Science's latest study underscores a striking resemblance. Over the years, Bengaluru's urban sprawl has surged from a mere 8 per cent in 1973 to a whopping 93.3 per cent in 2023, marking an unprecedented 1055 per cent increase in concrete structures. This unchecked expansion has led to a drastic 79 per cent reduction in water spread area, significantly impacting water availability. Hyderabad's trajectory isn't too far off. Data from the municipal administration and urban development department (MAUD) indicates a substantial surge in commercial and residential built-up areas. Between 2010 and 2014, the city witnessed a growth of 50.7 million square feet (sft) in commercial built-up area, followed by an expansion of 100.4 million sft from 2015 to 2019. Additionally, the built-up residential area saw a surge of over 500 million sft from 2015 to 2021. Although precise current figures are unavailable, experts estimate a surge of 70 per cent to 80 per cent in the last three years.
05.04 / 11:07
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Tech View: Nifty 50 in consolidation mode; what’s the trade set-up for next week?
Nifty 50 ended flat as the Reserve Bank of India’s policy announcements had no major fireworks. The central bank left policy rates unchanged and also retained its stance of focussing on withdrawal of accommodation. The Nifty 50 ended flat at 22513.70 points, and on daily charts, it’s suggesting that the index is consolidating after a sharp run-up, which is a healthy sign.
05.04 / 10:43
05.04 / 06:41
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IRFC, Bajaj Finance to HDFC Bank — experts recommend these 5 shares to buy after RBI monetary policy meeting
Stocks to buy today after RBI monetary policy: The Reserve Bank of India (RBI) left the repo rate unchanged at 6.50 percent for the seventh straight Monetary Policy Committee (MPC) meeting. However, stock market experts look at this RBI move as an opportunity for long-term investors who want to buy banking and financial stocks.
05.04 / 05:45
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Gold rate today, 5th April 2024: Gold price dips 0.5%, silver price crashes over ₹1000/kg as US dollar rate rebounds
Gold rate today: After climbing to record highs on Thursday, gold and silver prices came under sell-off pressure as the US dollar bounced back in early morning deals on Friday. The MCX gold rate for June 2024 expiry opened lower at ₹69,297 per 10 gm, which is around 0.50 percent lower from Thursday's close price of ₹69,707 per 10 gm level.
05.04 / 05:31
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Bengaluru water crisis: Expect some relief from next week. Here is IMD's latest prediction
The prospect of welcomed rainfall has elicited optimism among residents. According to IMD, Bengaluru and South Interior Karnataka can expect summer showers starting from the second week of April, continuing with thunderstorms until month-end. A Prasad, a senior scientist at IMD Bengaluru, noted, «The rain may commence on Ugadi with light showers in isolated areas, progressing to moderate rainfall during the latter part of the festive week.» Officials further disclosed that rainfall would be dispersed throughout the city, accompanied by gusty winds and thunderstorms. Although precipitation may not be uniform across Bengaluru, certain areas are anticipated to receive above-average rainfall.
05.04 / 03:07
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Data on what Indians earn does have plenty to reveal of poverty in India
₹424 per day, as per a government notification. For 2024, it is ₹449 per day. This is lower than the price-adjusted minimum wages of ₹483 in 2022-23, as per the suggestion of the labour ministry expert committee.
05.04 / 02:19
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Day trading stocks: BPCL to Bank of Baroda — Anand Rathi expert recommends three shares to buy today — April 5
Day trading stocks today: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market ended higher on Thursday. The Nifty 50 index climbed to a new peak of 22,619 and finished 80 points higher at the 22,514 level. The BSE Sensex surged 350 points and closed at the 74,227 mark whereas the Bank Nifty index ended 436 points higher at the 48,060 level.
05.04 / 01:19
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Buy or sell: Tech Mahindra to Asian Paints — Vaishali Parekh recommends three stocks to buy today — April 5
Buy or sell stocks: After showing a range-bound action in the last three sessions, the Indian stock market showed high volatility of up and down swings near new all-time highs on Thursday. The Nifty 50 index gained 80 points and ended at 22,514 level, the BSE Sensex shot up 350 points and finished at 74,227 mark whereas the Bank Nifty index surged 436 points and closed at 48,060 level.
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