Experts Financial News
05.02 / 15:53
markets
Digital
Strategy
Experts
RAI
PAM
Mamata Banerjee announces commencement of her pet project Deoacha Pachami in Birbhum
Mamata Banerjee announced has commencement of her pet project Deoacha Pachami in Birbhum. «Mining will start at Asia's second largest coalmine in Deoacha Pachami in Birbhum from tomorrow,» Mamata Banerjee said on Wednesday at BGBS.
05.02 / 15:53
05.02 / 15:53
markets
Digital
Strategy
Experts
PAM
social
Videos
Rahul Dravid's road accident video in Bengaluru goes viral, his reaction takes netizens by surprise
Rahul Dravid was involved in a minor road accident in Bengaluru on Tuesday, February 4. The incident, which took place on Cunningham Road, was caught on video and has since gone viral on social media. According to a report by TV9 Kannada, a goods auto hit Dravid’s parked vehicle from behind, causing his car to collide with the vehicle in front.
05.02 / 15:53
markets
Digital
Strategy
Mobile
Experts
PAM
Assam Rifles, Manipur Police apprehend eight insurgent cadres in joint operations
Assam Rifles, in coordination with Manipur police, apprehended eight insurgent cadres from different locations in the state. These joint operations were based on specific information about the presence of cadres involved in extortion and other unlawful activities.
05.02 / 14:21
markets
Digital
Strategy
President
Experts
PAM
country
'Dangerous & unacceptable’: Congress MP Jairam Ramesh slams Trump’s ‘bizarre’ vision for Gaza
Jairam Ramesh on Wednesday said that U.S. President Donald Trump's «loud thinking» on the future of Gaza is bizarre, dangerous, and totally unacceptable.
05.02 / 14:21
markets
Digital
Strategy
President
Experts
PAM
Investigations
One by one, Donald Trump's cabinet is taking over federal agencies; now US Treasury chief Scott Bessent takes over consumer watchdog, freezes all activity
Donald Trump, as soon as he took over as the US President, began inducting his cabinet members into federal agencies. And now, newly appointed US Treasury chief Scott Bessent has become the acting director of the Consumer Financial Protection Bureau, who is now the latest Cabinet member to be added to a coveted federal agency post.
05.02 / 14:21
markets
Digital
Strategy
Experts
PAM
country
International
27 new foreign retail brands enter India in 2024 amid rising consumer demand for luxury items
JLL India highlighted that in 2024, 27 new brands of international origin entered India, nearly doubling from 14 in 2023.
05.02 / 14:21
markets
Digital
Strategy
Trade
President
Experts
PAM
Alibaba, PDD Holdings shares drop after US Postal Service suspends shipments from China, Hong Kong
Alibaba and PDD Holdings, which owns fast fashion brand Temu, saw a decline in premarket trading on February 5 after the United States Postal Service (USPS) announced an indefinite suspension of inbound parcels from mainland China and Hong Kong.
05.02 / 12:35
05.02 / 11:41
markets
Citi
Provident
Assurant
Experts
show
International
Budget 2025 | GIFT City insurance and endowment plans are now tax-free for NRIs. What about for resident Indians?
The Union Budget for 2025-26 has proposed a major tax arbitrage for unit-linked insurance policies and endowment plans sold via Gift City. If approved, the maturity proceeds in such dollar-denominated insurance plans will be tax-free if the premium amount is under 10% of the sum assured.
05.02 / 10:53
UPS
Analysis
wellness
Trade
Experts
reports
Swiggy Q3 Results: Cons loss widens to Rs 799 crore, despite 31% YoY revenue jump
Swiggy reported on Wednesday that its consolidated losses widened to Rs 799 crore in the December quarter, compared to Rs 574 crore in the same period last year. Revenue from operations for Q3FY25 stood at Rs 3,993 crore, marking a 31% increase from Rs 3,049 crore in the corresponding quarter of the previous financial year.
05.02 / 10:53
markets
UPS
Digital
Strategy
Experts
PAM
Tata Power seeks hydro projects to ramp up clean energy bets
Tata Power Co. is scouting for hydroelectric power opportunities in India and overseas as it looks to ramp up the share of renewable energy in its overall portfolio to more than half in the next 14 months. “We have already identified two projects and work has started for the first project,” Praveer Sinha, chief executive officer at the Tata Group-controlled firm said in an interview with Bloomberg Television.
05.02 / 10:53
markets
Analysis
Enterprise
Food
Nestle
Trade
Experts
Stock market update: FMCG stocks down as market falls
Prataap Snacks Ltd.(up 3.47%), Euro India Fresh Foods Ltd.(up 2.65%), LT Foods Ltd.(up 2.46%), Gillette India Ltd.(up 2.40%), Umang Dairies Ltd.(up 1.53%), Bikaji Foods International Ltd.(up 1.38%), Zydus Wellness Ltd.(up 0.92%), Jyothy Labs Ltd.(up 0.63%), Gopal Snacks Ltd.(up 0.46%) and Tasty Bite Eatables Ltd.(up 0.46%) stood among the top gainers.
05.02 / 10:53
Analysis
Research
Trade
Experts
information
rights
International
Sensex falls! But these stocks gained over 10% on BSE
These high-performing stocks that rallied more than 10% during the session included, Himachal Fibres(13.28%), De Nora India(13.23%), Centrum Capital(13.11%), Vimta Labs(13.03%), Trescon(12.65%), Jai Balaji Inds(12.35%), Eris Lifesciences(11.64%), AVI Polymers Ltd.(11.25%), Natraj Proteins(11.22%) and Yasho Industries(11.11%).
05.02 / 10:53
markets
Digital
Strategy
Experts
PAM
beautiful
innovations
Kumar Mangalam Birla's daughter Ananya announces new beauty and cosmetics venture
Ananya Birla, daughter of billionaire Kumar Mangalam Birla, on Wednesday announced an entry into the fast-growing beauty and cosmetics space with the launch of a new venture. The 30-year-old Birla, who launched a microlending venture at 17 and also sits on the board of the USD 62-billion Aditya Birla Group's apex strategic body, will come out with a range of beauty and personal care brands nationally through 2025, a statement said.
05.02 / 10:15
markets
Digital
Assurant
Strategy
Experts
PAM
information
EPFO Pension Scheme: Govt confirms higher pension to 22,000 members. Here’s how to check yours
Pension Payment Orders (PPOs) and asked 1.65 lakh eligible members to deposit an additional amount for higher pension, the government has informed Parliament.
05.02 / 10:15
markets
Citi
Digital
Booking
Strategy
Experts
PAM
Godrej Properties sells Rs 28,800cr worth properties in 2024, highest among listed players
Godrej Properties has sold properties worth Rs 28,800 crore during the 2024 calendar year, highest among all listed real estate companies in India, on strong demand for its housing projects across many cities. Realty major, DLF — the country's largest real estate firm in terms of market capitalisation — sold properties worth around Rs 20,650 crore during the last calendar year mainly on high demand for its ultra-luxury housing project 'The Dahlias' in Gurugram where it sold properties in a price range of Rs 55-150 crore per unit.
05.02 / 10:15
markets
UPS
Target
Analysis
Trade
Experts
HPCL, BPCL, ONGC shares rally up to 5% on upgrades by Goldman Sachs, Macquarie
ONGC), and Indian Oil Corp (IOC) surged up to 5% on Wednesday after analysts at Macquarie and Goldman Sachs raised their ratings and target prices, citing improving fundamentals and an attractive risk-reward setup. HPCL shares climbed 4.7% to Rs 349.50 on the BSE, while BPCL shares advanced 3.7% to Rs 265.65. IOC shares rose 3.2% to Rs 128.50 during intraday trading, and ONGC shares advanced 2.9% to Rs 261.50 on the BSE.
05.02 / 10:15
05.02 / 10:15
markets
Digital
Strategy
Trade
Experts
PAM
Happiest Minds Q3 profit dips 16%, revenue up 27%
Happiest Minds Technologies reported a 16% year-on-year (YoY) drop in net profit for the third quarter ending December 2024 at Rs 50.1 crore (from Rs 59.6 crore in Q3FY24) impacted by investment outlay. The profit stood at Rs 59.6 crore in the third quarter a year ago.
05.02 / 10:15
markets
Provident
Platform
Analysis
Trade
Experts
information
The rise of retail investors: Democratizing India's financial markets
retail investors invested in fixed deposits, PPFs, postal saving schemes, and physical gold. However, nowadays equity as an asset class has become popular with retail investors. New asset classes like REITs and InViTs have also been made available to them, apart from gold bonds and ETFs. We have witnessed that instruments that were available to only a select portion of the population are now widely accessible and tokenized to serve any ticket size (the latest being small-ticket SIP with a minimum investment amount of Rs 250 per month).
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