Experts Financial News

ALSO READ: Harry feels ‘more spare than ever’ after Kate's cancer diagnosis: royal expert Kate had revealed that her cancer was discovered after she received abdominal surgery in January this year. Through the video, Kate had tried to end rumours and conspiracy theories about her whereabouts as she had been missing from the spotlight since her abdominal surgery.

Nifty Bank recouped losses on Wednesday to close in the green which suggests that bulls are here to stay. The index rose 78 points to close at 47,624 while the Nifty50 fell 18 points to close at 22,434.

Independent. Royal author Dr Tessa Dunlop told the Mirror: “Harry is the self-identifying royal 'spare'. And in the wake of his sister-in-law's health revelations, I expect he feels more spare than ever," as quoted by the Independent.

₹4.1 lakh crore ($49.16 billion) in value of mobile devices produced in India, as per a Business Standard report. This marks a 17 percent year-on-year (YoY) increase. Notably, despite stagnant domestic sales volume, the value of mobile exports remains high, it said.

In the moments before the cargo ship Dali rammed into the Francis Scott Key Bridge and sent it crumbling into the water, a flurry of urgent warnings crackled over radios and enabled police to block traffic from getting on the span, likely saving lives

The Nifty future closed negative with losses of 0.11% at 22577 levels on Tuesday. India VIX was down by 3.56% from 12.08 to 11.65 levels.

Day trading stocks for today: Following a sell-off in the US stock market on Monday, the Indian stock market snapped its three-day rally despite a sharp last-half-hour recovery on Tuesday. The Nifty 50 index went off 8 points and closed at 22,453 level, the BSE Sensex lost 110 points and finished at the 73,903 mark while the Bank Nifty index corrected 32 points and ended at 47,545 level.

Also Read: RBI policy meet: SBI says there could be no rate cut before Q3FY25; here's why According to a majority of analysts and economists on D-Street, the RBI would keep its key repo rate unchanged at 6.50 per cent at the conclusion of the April 3-5 MPC meeting, continuing its stance of ‘withdrawal of accommodation’. However, the recent uptick in crude oil prices over geopolitical conflicts is likely to keep the MPC's focus on inflation and managing the impact of global headwinds, despite record-high economic growth in the previous quarter. "The MPC is unlikely to act on policy rates on April 5th.

Buy or sell stocks for today: Indian stock market snapped its three-day winning streak in the previous session dragged by profit booking in select auto and bank stocks and foreign fund outflows. Analysts expect volatility to persisist as investors will closely monitor the Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI) starting Wednesday, with the first outcome for the new fiscal 2024-25 (FY25) to be pronounced on Friday. The RBI's rate-setting panel is expected to maintain a pause on the key interest rates over the current economic growth trajectory and retail inflation data.

Dubai, April 2, 2024: VAP Group is pleased to announce the inaugural edition of the Global AI Show and the Global Blockchain Show scheduled to take place on April 16 and 17, 2024 at the Grand Hyatt, Dubai.

public sector banks (PSBs) on offering stock options to eligible employees, rekindling hope for this longstanding demand of the lenders. The proposal to offer employee stock ownership plans or ESOPs, has been on the backburner for a while but it may advance after the Lok Sabha polls, said people familiar with the development. “There have been talks with government last month on issues pertaining to PSBs, including ESOPs,” abank executive said, adding that lenders will soon present a framework to the government. A government official told ET that discussions were preliminary and any decision on the proposal would be taken after polls.

R Praggnanandhaa will enter as the favourite among the three Indian participants in the Candidates chess tournament that will get underway here from Wednesday to decide the challenger for the next world championship match. After nearly 35 years as many as three Indians – Praggnanandhaa, D Gukesh and Vidit Gujrathi — have qualified for the most prestigious event of the year that has just eight participants. According to an expert, India is the new Russia of the chess world, as in the past such dominance was only shown by Russian players.

Supreme Court's decision to hear a plea seeking complete count of Voter Verifiable Paper Audit Trail paper slips in the forthcoming Lok Sabha polls has brought back the focus on the Election Commission of India's rationale in limiting the verification to five randomly selected EVMs. The poll panel has defended its rationale in courts and also found support from experts such as the Indian Statistical Institute which said the random formula was statistically sound. After a petition by over 20 political parties in 2019, SC mandated physical verification of EVM-VVPAT counts in 2% polling booths per constituency. Of the 20,687 polling stations where the mandatory physical verification of VVPAT slips was conducted on SC orders in 2019, eight cases of mismatch were found, which EC said were mainly due to 'easily explainable human errors'. The mismatch estimated at 0.0004% had no impact on the results in all eight cases, EC maintained.

₹3,00,000) to USD 11,160 (over ₹9,00,000). Nicholas A. Mastroianni, President and CMO, US Immigration Fund in an exclusive interview to Livemint elaborates on how it will impact ‘volume of visa applications from India’, the future outlook of the visa category in India and other details.

Brent crude reached $89 per barrel on Tuesday, up from $77 at the end of 2023. Analysts expect a straightforward meeting, supporting the earlier decision to extend output cuts. The meeting is scheduled for 1 p.m.

Binance  has named a board of directors for the first time in an effort to reshape its image following last year’s guilty plea to US charges of anti-money laundering and sanctions violations.

Indian Coast Guard ship Samudra Paheredar, a specialised Pollution Control Vessel, on Tuesday made a port call at Ho Chi Minh in Vietnam as part of its ongoing overseas deployment to the ASEAN countries, officials said. This deployment is a testimony to the ICG's commitment to «bolster bilateral relationships» and «enhance international cooperation» with friendly countries, the Defence Ministry said in a statement. «The deployment of Samudra Paheredar to the ASEAN region reflects India's shared concern and resolve towards marine pollution, promoting safety and security through maritime cooperation. Prior to Ho Chi Minh, the vessel had visited Manila, Philippines, to demonstrate a seamless continuation of diplomatic maritime engagements in the ASEAN region,» it said. The ship is equipped with specialised marine pollution control equipment and a Chetak Helicopter in pollution response configuration, designed to contain and recover spilled oil and augment the operation.

Mint takes a look at how the health of Indian banks has improved over the years. Data from the RBI showed that in FY14 — the fiscal year preceding the start of the NDA government’s first term — the gross non-performing asset (NPA) ratio was at 3.8%. The bad-loan crisis peaked in FY18, when 11.2% of loans had soured.

₹1.02 lakh crore. This decline marked the most significant drop since October 2023. The average daily turnover in the equity cash segment was ₹1.18 lakh crore.

₹40,000 after forex conversion). Vasani was not the only Axis Bank credit card holder targeted that day. There were many others, all Axis Banks customers, who were victimized by a series of international fraudulent transactions .

NEW DELHI : The Bureau of Civil Aviation and Security is examining the implications of artificial intelligence and other emerging technologies as part of its efforts to safeguard against cyber threats, a top official said. "New technologies come with new challenges. We are examining AI, we are consulting some experts also," BCAS director general Zulfiquar Hasan said, speaking on the sidelines of the 38th Raising Day of the Bureau of Civil Aviation Services.