Experts Financial News

RBI, is foreseeing a risk in the system of excess liquidity, has measured to raise the risk weightage of unsecured loans from 100% to 125% and credit cards from 125% to 150%. This may be in anticipation of a rise in NPAs and highly for categories like Credit Card and Personal Loans, in the future.

The author, Rupak De is Senior Technical analyst at LKP Securities Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.Milestone Alert!Livemint tops charts as the fastest growing news website in the world

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.

Defence Minister Bill Blair says Canada needs to invest more in military capabilities amid “evolving” global security threats, and as the federal government attempts to pare down government spending across the board.Blair told an international crowd of military personnel, politicians and civil society leaders at the Halifax International Security Forum Friday that Canada needs to put “resources … behind our aspirations.”“We must step up to address these challenges, and to preserve peace and prosperity for our peoples,” Blair said, referencing Russia’s ongoing invasion of Ukraine and the Israel-Hamas conflict as well as heightened tensions with China.“We have a lot of work to do.”Blair’s comment could be read as an understatement.The Liberal government has yet to deliver a promised update to its 2017 defence policy – an update that was thought to be imminent at the last Halifax forum in 2022.The federal government is also looking for as much as $1 billion in savings from the Canadian Armed Forces (CAF), as Treasury Board President Anita Anand – the former defence minister – attempts to rein in spending.At the same time, the CAF has been stretched thin both by domestic deployments in the wake of natural disasters and by Canada shipping equipment to Ukrainian forces trying to push back Russia’s invasion.Speaking to an aerospace industry conference earlier this month, Blair said he told officials that the long-awaited defence policy update needed more clarity in terms of where the Canadian government plans to spend money.Until that update is released, defence experts told Global News, it will be difficult for allies to take the Canadian government at its word when it comes to stepping up.“(Canada) has to show that it can

IPO) lane will be busy in November with five companies, including Tata Technologies and Indian Renewable Energy Development Agency Ltd, tapping the primary market next week to raise over Rs 7,300 crore collectively. The other three companies whose maiden public issues are ready to open are Fedbank Financial Services, Flair Writing Industries, and Gandhar Oil Refinery India. Together, these five companies are expected to fetch more than Rs 7,300 crore through the IPOs, data from the stock exchanges showed.

FPIs bought Indian equities worth Rs 1,433 crore thus far in November, mainly due to the decline in US treasury bond yields and crude oil prices. Foreign Portfolios Investors (FPIs) were net sellers till November 15. However, they reversed the selling trend by infusing money during November 16-17, data with the depositories showed.

Hemang Jani, Independent Market Expert, says “the way TVS has responded to the EV threat and come out with various products, makes it look very compelling and it has been the best performing stock in the last about 12 months. But in terms of valuations, I still prefer a Bajaj or a Hero compared to a TVS because it has run up so much.” TVS Motors is not cheap by any valuation metric but the stock is continuously doing very well, from Rs 1,450 odd, it is knocking at Rs 1,700. Ahead of the Ola Electric IPO, people are noticing that even TVS Motor has a very large EV play, which is at least 65-70% of Ola Electric operations and numbers. Could there be a case of value unlocking in TVS? We see growth revival across the two-wheeler sector versus the passenger or the commercial vehicles. People had this thought that maybe the two-wheeler segment is not growing, and there is an issue on the rural side. But the recent numbers, the festive season sales, clearly suggest that the two-wheeler growth is back. The new launches that are in the premium category have received a good response. In TVS, earlier, 40% of their portfolio had the risk of disruption because of the EV and it was not very clear as to how exactly the company is going to deal with it. But the way the company has responded to that and come out with various products, it looks very compelling, which is why TVS has been the best performing stock in the last about 12 months.

Andrew Holland, CEO, Avendus Capital Alternate Strategies, says “we have been dipping our toes in the power financier space. I think everyone is shifting a little bit away towards this type of financing companies and just away from NBFCs in the short term. There is a lot more to go because it is the renewables sector and it is something important to governments globally and it is going to see a lot of investment. So, the likes of REC will continue to do well and gain market share.” Would you be a buyer of some of these stocks which took it on the chin on Friday – L&T, RBL, some other PSU banks as well? You know it has been interesting. We have kind of been scratching our heads over the past few months about the whole financial sector and particularly the banks with their stellar results. Yes, not great commentary about NIMs, but there was something that was just holding the sector back. And maybe now with what the RBI has done, we know what the concerns were. To my mind, it is kind of fairly well priced, given the underperformance.

global markets, easing US bond yields, and strong domestic institutional inflows suggest that the momentum in domestic equities is likely to continue this week. However, it’s the primary market that’s going to steal the limelight, as IPOs worth Rs 7,300 crore will be up for sale, led by Tata Technologies. Investors will be eagerly waiting for Tata Tech’s IPO, the first one from Tata Group in 20 years, and the fact that demand remains high, is reflected in the price as the stock is trading at a premium in the grey market. Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark.

Donald Trump, the frontrunner for the Republican presidential nomination, said on Saturday that he would kill off a Pacific trade pact being advanced by U.S. President Joe Biden if he were to win the 2024 election and return to the White House. Speaking to supporters in Iowa, Trump said he was against the regional trade deal being negotiated by the Biden administration with 13 other countries, arguing that it would hollow out U.S.

World Health Organization said Sunday it had led an assessment mission to Al-Shifa hospital in Gaza City and determined it was a «death zone», urging a full evacuation. "WHO and partners are urgently developing plans for the immediate evacuation of the remaining patients, staff and their families," the United Nations health agency said in a statement, adding that 291 patients and 25 health workers remained inside the hospital. WHO said it had headed a joint UN team, including public health experts, logistics officers and security staff from a range of agencies on a short and «very high-risk» mission into the hospital on Saturday. The assessment team had gone into Al-Shifa after the Israeli military had earlier ordered the evacuation of some 2,500 displaced people sheltering on the hospital grounds, WHO said. «They, along with a number of mobile patients and hospital staff, had already vacated the facility by the time of the team's arrival,» the statement said. Columns of sick and injured — some of them amputees — were seen making their way out of Al-Shifa hospital Saturday towards the seafront without ambulances along with displaced people, doctors and nurses, as loud explosions were heard around the complex. The UN assessment team was meanwhile only able to spend an hour inside the hospital due to the security situation. The team, WHO said, described the hospital as a «death zone» and the situation as «desperate». — 'Mass grave' - «Signs of shelling and gunfire were evident.

placement season. “It’s quieter this time,” said Sudhir Yadav, proprietor of a photocopy centre within the campus of a tier-2 engineering college in Pune.

Silkyara tunnel collapse site in Uttarakhand's hilly district Uttarkashi since last Sunday. Rescuers, including geologists, engineers, tunnelling experts and geotechnical experts, have been exploring various options to evacuate the 41 labourers who are trapped inside the collapsed tunnel. Till Saturday afternoon, the road ahead for the rescuers turned more difficult after a loud cracking sound they heard at the site a day earlier. The drilling exercise has already come to a halt.

Also Read: Excitement and worry as stock options trading booms in India Beyond 2019, interest in stock options saw a significant surge touching 100 per cent average interest over time in peak levels in 2023, then dropping to 75 per cent till date. Interest in multibagger stocks remains at 25 per cent, as per google trends. Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future.

BSE Sensex logged its third successive weekly gain, supported by a surge in information technology (IT) stocks on easing global interest rate outlooks with strong US markets. On the stock-specific front, 45 smallcap stocks logged gains in the range of 15 per cent - 50 per cent last week, outperforming the index. Sharda Motor, RattanIndia Power, Orient Green Power, MSP Steel & Power, 63 Moons Tech, Titagarh Railsystems, Tata Investment, Nesco, Varrox Engineering, Dilip Buildcon, Antony Waste Handling, GE Power India, DB Realty, KPI Green Energy, Jain Irrigation, DCX Systems, IFB Industries, SMC Global, Solar Industries are among the smallcaps that logged a double-digit rise in their share prices last week.

housing markets in many parts of Canada are pushing some home sellers to make hard-fought concessions on price — or delay their plans to sell until next year — in the wake of higher rates.Real estate experts who spoke to Global News say patience and price flexibility are key to landing a sale in today’s market, and that waiting until spring in hopes of a better deal is far from a sure thing.October sales figures from the Canadian Real Estate Association (CREA) released this week showed a “sizable decline” in activity in most of the country’s biggest markets.Sales volumes dropped 5.6 per cent from September, according to CREA, with chair Larry Cerqua saying that buyers might’ve entered an early “hibernation” as higher interest rates limit buying power across the country.Lorna Willis, an agent with Re/Max Finest Realty in Kingston, Ont., says that the number of homes sold in that city was down nine per cent year over year in October, with average prices down 5.3 per cent annually.The main thing that’s changed in the region is how long it takes to sell a home, according to Willis.

Capping global temperature rise at two degrees Celsius over baseline is no longer seen as enough to avoid a catastrophic rise in sea levels that would decimate the earth’s coastlines and displace hundreds of millions of people, climate scientists warn.

World Cup 2023 Final at the Narendra Modi Stadium on 19 November. Kass Naidoo, Ravi Shastri, Ricky Ponting, Ian Smith, Sanjay Manjrekar, Aaron Finch, Nasser Hussain, Harsha Bhogle, Dinesh Karthik, Matthew Hayden, Eoin Morgan, Ian Bishop, Shane Watson, Sunil Gavaskar and Mark Howard will bring world-class coverage to screen across the world for the final of the showpiece event. “The iconic voice of Ravi Shastri will bring electricity to the much-awaited toss while the expert analysis of Nasser Hussain and Sanjay Manjrekar will throw light on what the 22 yards in Ahmedabad will have to offer," ICC said in a staement.

Siddaramaiah clarified on a viral video of his son Yathindra Siddaramaiah and denied his involvement in the "cash-for-posting scam". Taking potshots at Kumaraswamy for levelling such allegations, the CM said, "Looks like former Chief Minister HD Kumaraswamy is desperate for attention. Medically it is termed as Histrionic Personality Disorder.

National Green Tribunal (NGT) has issued notices to the authorities concerned, including the National Highways and Infrastructure Development Corporation Ltd (NHIDCL), on a petition claiming lack of some protection works on the Gangotri National Highway in Uttarkashi district of Uttrakhand. According to the petition, NHIDCL failed to take action for the construction of a landslide protection gallery, slope protection work and river protection work.

«A breakthrough of the resistance at 19,850 by the end of the month is anticipated, potentially paving the way for further upward movement towards 20,200-20,500 levels,» says Kunal Shah, Senior Technical & Derivative analyst at LKP Securities.