Experts Financial News
29.03 / 21:53
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Could tugboats have helped avert the bridge collapse tragedy in Baltimore?
slammed into the bridge in the predawn darkness Tuesday, toppling the span and killing six construction workers. Whether those tugs could have averted the disaster with the Dali already out of control is debatable.
29.03 / 19:05
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Baltimore disaster could see record insurance payouts — but it’s complicated: expert
Maryland Motor Truck Association President & CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on The Bottom Line.
29.03 / 13:07
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International
After veto, Russia says big powers need to stop 'strangling' North Korea
Russia said on Friday that major powers needed a new approach to North Korea, accusing the United States and its allies of ratchetting up military tensions in Asia and seeking to «strangle» the reclusive state. Russia vetoed the annual renewal of a panel of experts monitoring enforcement of longstanding United Nations sanctions against North Korea over its nuclear weapons and ballistic missile programmes. Moscow's move, which strikes a blow at the enforcement of a myriad of UN sanctions imposed after Pyongyang carried out its first nuclear test in 2006, underscores the dividend that Kim Jong Un has earned by moving closer to President Vladimir Putin amid the war in Ukraine.
29.03 / 10:15
29.03 / 09:59
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It's getting increasingly harder for active funds to outperform their benchmarks, says Nithin Kamath
Zerodha's CEO Nithin Kamath today shared insights on the debate between investing in active or passive funds. Kamath, speaking on X, said «It's getting increasingly harder for active funds to outperform their benchmarks.» «It's a no-brainer to opt for low-cost index funds as the core of your portfolio. You can complement that with other funds, but the core should be passive funds,» Kamath said on X (formerly Twitter).
29.03 / 08:35
UPS
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ASI's survey of Bhojshala complex continues on Day 8; security tightened
Archaeological Survey of India (ASI), continued on the eighth day amid heightened security arrangements. The security has been stepped up in view of the Friday prayers to be offered by the Muslim community members at the site, a police official said. Members of the ASI team reached the controversial complex around 6 am, carrying gadgets, bags and files with them. «In addition to the existing force, 35 additional policemen were deployed at the Bhojshala complex on Friday. In the past, around 1,600 people used to offer namaz at the site. But after the ASI launched its survey, around 2,400 people offered prayers there between 1 pm and 3 pm last Friday,» Superintendent of Police Manoj Singh told PTI over phone.
29.03 / 08:35
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What to expect from Q4 earnings going forward? Ajay Bagga answers
«Globally, we are in a Goldilocks environment with good macros as you defined it, we have inflation which is trending down though it is persistent in the journey from 3% to 2%, it is showing some persistence but despite that central banks are talking about rate cuts,» says Ajay Bagga, Market Expert.
29.03 / 08:33
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2020
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Expert View: Valuations are looking expensive for the market as a whole, says BNP's Kunal Vora
Also Read- Expert view: Corporate earnings growth, geopolitical stability key triggers for FY25, says Niraj Kumar Fed officials signaled a dovish reaction at the March FOMC, sticking with a median projection of three rate cuts this year despite higher growth and inflation forecasts, which makes our economist team more confident of the first rate cut to come in June 2024. FED’s stance of maintaining three rate cuts for this year was cheered by the bond as well as the equity market and in our view, any delays might sour investor sentiments. In our 2024 outlook, we mentioned that we expect single-digit returns for Nifty-50 and for mid and small caps to underperform large caps.
29.03 / 04:31
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Buy or sell: Is it wise to accumulate SBI, HDFC Bank shares in FY25? — explained
Buy or sell stocks: Despite a strong rally in PSU bank stocks, shares of State Bank of India (SBI) remained a laggard. However, the SBI share price has delivered strong upside movement in the last two months. SBI share price has risen from around ₹605 to ₹753 apiece level, logging around 25 percent rise in this time.
29.03 / 02:49
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S. Korea slams 'irresponsible' Russian veto ending UN N. Korea sanctions monitoring
South Korea slammed Russia's «irresponsible» veto blocking the renewal of a panel of UN experts monitoring international sanctions on North Korea, with the vote following accusations Pyongyang is aiding Moscow in its war in Ukraine. South Korea «clearly points out that the Russian Federation, despite its status as a permanent member of the UN Security Council, has made an irresponsible decision», Seoul's foreign ministry said in a statement.
29.03 / 02:07
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Baltimore bridge collapse puts highly specialised role of ship's pilot under spotlight
Baltimore's port must often manoeuvre with just two feet of clearance from the channel floor and memorise charts, currents and every other possible maritime variable. The highly specialised role — in which a pilot temporarily takes control of a ship from its regular captain — is coming under the spotlight this week. Two pilots were at the helm of the cargo ship Dali about 1.25 am Tuesday when it lost power and, minutes later, crashed into a pillar of the Francis Scott Key Bridge, causing the bridge to collapse and kill six construction workers.
28.03 / 23:13
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Expert Predicts BEFE Coin’s Potential Surge to $0.01: What Investors Should Know
In the rapidly evolving crypto world, the emergence of BEFE tokens stands out as more than just a meme coin in the industry. Being a beacon of promise and potential, the BEFE token has become another fleeting trend in the cryptosphere. Crypto enthusiasts must not be fooled by the funny name of the meme coin status. Indeed, it has some tangible utility within the Bitgert ecosystem, noting that analysts believe that in the coming month, the price of this meme coin will surpass the mark of $0.01.
28.03 / 21:57
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Patchwork international regulations govern cargo ships like the one that toppled Baltimore bridge
Critics say the patchwork system of safety regulations governing massive cargo ships like the one that toppled a Baltimore bridge this week can allow shippers to skirt oversight
28.03 / 20:53
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Anand Rathi suggests these two renewable energy stocks on strong finances
Suzlon Energy and Inox Wind, assigning them 'Buy' ratings. This move comes in light of the renewed attention on the wind-energy sector driven by the government's ambitious growth agendas. “We initiate coverage of these two companies, with Buy ratings, at TPs of respectively Rs49 (35x FY26e PE) and Rs590 (30x FY26e PE)," the brokerage firm said.
28.03 / 17:59
markets
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Bitcoin
innovations
Unlocking the Potential: How a $100 Investment in Bitgert Coin Grew to $200K
The cryptocurrency market is filled with opportunities for astronomical returns. Bitcoin traded for just a few dollars in its early days and long-term holders have been able to make some great profits of multiple times their initial investment. Experts are on the lookout for the next major coin in its early days and Bitgert seems to be one that can be the next big thing in cryptocurrencies.
28.03 / 16:13
markets
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information
travelers
Why RBI is wary of co-branded credit cards
Mint explains the regulator’s concerns around such cards. These are hybrid credit cards issued by a bank through a tie-up with a brand. There are of two types: one is issued in partnership with retail merchants and the other is issued in partnership with fintech companies.
28.03 / 16:13
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band
Jay Kailash Namkeen IPO: Issue subscribed over 1.46 times on day 1, check GMP and other key details
Vijay Kedia backed TAC Infosec IPO continues to see strong demand from retail, NIIs on day 2; check GMP, other details The Jay Kailash Namkeen IPO is an entirely a fresh issue of 16.34 lakh shares, with 464,000 shares (28.40%) allocated to Qualified Institutional Buyers (QIB), 310,400 shares (19.00%) allocated to Non-Institutional Investors (NII), and 776,000 shares (47.50%) allocated to Retail Individual Investors (RII). The Jay Kailash Namkeen IPO was subscribed over 1.46 times on the first day of subscription. The SME IPO received 23,77,600 share application against offered 16,33,600 shares, on Thursday, March 28.
28.03 / 15:43
COST
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Manufacturing
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Baltimore bridge collapse: Ships carrying cars and heavy equipment need to find a new harbor
Manufacturers and shippers are scrambling to figure out where they can load or unload cargo while the main operations at the Port of Baltimore remain closed due to Tuesday’s deadly collapse of the Francis Scott Key Bridge
28.03 / 15:41
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Debate emerges over whether modern protections could have saved Baltimore bridge
A debate has emerged over whether modern safety protections could have saved a Baltimore bridge after it was struck by a cargo ship
28.03 / 15:41
28.03 / 11:45
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Nifty Bank closes above 47K after 10 sessions; may face resistance around 47,500 next week: Experts
Nifty Bank closed above 47,000 on Thursday after 10 sessions. The index had closed at 47,282 on March 12. The Nifty Bank gained 338 points to close at 47,124, while on the weekly front, the index rose 0.5%. The Nifty50 gained more than 200 points to close at 22,326 on Thursday.
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