Experts Financial News

If you have a family health history of diabetes, your chances of developing prediabetes and diabetes are higher.

Small savings schеmеs like Public Provident Fund (PPF), Senior Citizen's Savings Scheme (SCSS), and Suknaya Samridhi Yojana (SSY)have long been a popular invеstmеnt choice for individuals, particularly those with a consеrvativе risk appеtitе, sееking to safеguard thеir financial futurе and accumulatе wеalth ovеr timе. Thеrе arе many diffеrеnt small savings schеmеs availablе, so it is important to choosе onе that is right for your individual goals and risk appеtitе.

gamers have continued to bet on these games through different channels, as Anubhab Sarkar, Managing Partner at Triumvir Law, told LiveMint. In a recent development, the Madras High Court partially lifted the ban on online gaming implemented by the Telangana Government. However, chance-based games still remain banned in many states, including Sikkim, Assam, Telangana, Arunachal Pradesh, and Tamil Nadu.

Mint explains what happened, and what it means for US-China relations and for India. The two leaders met on the sidelines of the Asia Pacific Economic Cooperation (APEC) summit in San Francisco. They last met during the G20 Summit in Bali in 2022, when they expressed a desire to contain tensions between their countries.

Google is rolling out an experimental feature called 'Notes' that allows users in the United States and India to leave and read personal annotations on search results and web pages. This feature is part of Google's ongoing efforts to incorporate more human perspectives into its search engine, providing users with additional insights from both experts and everyday individuals. The 'Notes' feature, available as an opt-in experiment through Google's Search Labs initiative, enables users to share their knowledge and experiences related to specific search queries. According to a blog post from Google, the goal is to offer users a new layer of human insight, helping them find the most relevant and useful information.

Ahead of a summit between China's Xi Jinping and US President Joe Biden, there had been suggestions that the two men would agree to ban lethal autonomous weapons.

VP Nandakumar, MD & CEO, Manappuram Finance, says “along with our gold loan portfolio, we are growing our secured MSME, commercial vehicles portfolios because we have a very large customer base both in Manappuram and the subsidiaries. In these secured segments, our penetration compared to our potential has come to only one-fifth.” Manappuram Finance gold loan AUMs have seen an 8% growth in Q2. You have maintained that you are going to be maintaining the pricing discipline as well. How is this strategy going to fare with regards to growth, given the competition in gold loans now? We expect gold loan AUM to grow around 10% annually and we expect that to grow because the coming quarters are usually better for gold loans. More importantly, we have other secured portfolios. We are growing those portfolios along with our gold loan portfolio like secured MSME, commercial vehicles etc. because we have a very large customer base both in Manappuram and the subsidiaries. In these secured segments like commercial vehicles as well as secured MSME, our penetration compared to our potential has come to only one-fifth. We have that opportunity along with gold. In gold, we expect that in the coming quarters, we will have targeted annual growth of around 10%.

The heads of seven green activist groups in the eastern states have urged AustralianSuper to either match the $30 billion investment “commitment” made by Brookfield as part of its takeover bid for Origin Energy, or stop blocking the deal.

Dikshit Mittal, fund manager of LIC Mutual Fund believes while state elections can create short-term volatility, the outcome of the General Elections 2024 is a key monitorable. In an interview with Mint, Mittal said while interest rates globally seem to be near peak, there is no clear visibility on the timeline for interest rate cuts to begin at least for the next two quarters. Edited excerpts: In the backdrop of global macro headwinds like elevated inflation, higher interest rates, geopolitical tensions, and muted global growth rates, Indian equity markets have witnessed a decent run in the last one year.

rupee logged its best single-day performance in nearly two months and ended 19 paise higher at 83.14 a dollar. Analysts said that oil prices declined further in Asian trade due to signs of easing demand in China and a bigger-than-expected weekly build in US crude stockpiles. “Rupee is expected to appreciate towards the 83.00 mark amid correction in the dollar.

Bull vs bear: Indian stock market extended its rally for second straight session on Thursday. In opening bell today, Nifty 50 index opened flat at 19,674 levels and went on to hit intraday high of 19,781 levels, logging 338 points rally in two straight sessions. Sensex today opened at 65,665 and went on to hit intraday high of 66,054 levels, ascending 1,121 points in two days.

Cybersecurity experts from rival law firms say Allen & Overy’s Australian arm is “damned if they do and damned if they don’t” update the public on a cyberattack on the global firm’s storage systems last week.

Bank of Baroda traded at Rs 198.95 on BSE at 12:02PM (IST) on Thursday, up 0.63 per cent from previous close. The scrip quoted a 52-week low price of Rs 146.5 and a high of Rs 219.6. Earlier, the stock saw a gap up opening in the morning.

fixed deposits (FDs), you will be happy to know that the era of rising interest rates on fixed deposits is not over yet. Some factors that indicate this is credit growth remaining much higher than deposit growth; the recent decision of the Reserve Bank of India (RBI) to increase the investment limit of non-callable deposits to Rs 1 crore; and the expected higher food inflation due to El Niño hitting India’s food production. As an FD investor, you can take advantage of rising interest rates to invest in term deposits. But, first, let’s understand how interest rates of fixed deposits will be impacted in the short term and long term.

Meanwhile, a fall in US retail sales in October after months of strong gains pointed to a cooling economy and strengthened expectations that the Fed is done hiking rates. At 11:57 a.m., Bitcoin was trading 5.2% higher at $37,415, while the second most popular token, Ethereum, was up 3.6% at $2,054. At the same time, the global cryptocurrency market cap surged by 4.8% to around $1.43 trillion in the last 24 hours. «Bitcoin (BTC) is up 5%, trading around $37,700, after a massive liquidation of leveraged positions totalling nearly $100 million for the day. The market recovery, fueled by aggressive buying and macroeconomic factors, is gaining momentum as US inflation and retail data support the Federal Reserve's easing cycle narrative,» said Sathvik Vishwanath, Co-Founder & CEO of Unocoin.

Ashok Leyland Ltd. gained 0.11 per cent to Rs 174.9 at 11:42AM (IST) in Thursday's trade. The stock has hit a high of Rs 176.05 and low of Rs 174.6 so far during the session.

Page Industries Ltd. traded 0.71 per cent up at Rs 37250.5 at 11:27AM (IST) on Thursday, even as BSE benchmark Sensex gained 407.62 points to 66083.55. The stock had closed at Rs 36984.35 in the previous session.

Ambuja Cements Ltd. traded 0.16 per cent down in Thursday's trade at 11:21AM (IST). Around 19,288 shares changed hands on the counter.

Suzlon Energy rallied nearly 4% on Thursday after the company informed exchanges that its S144 wind turbine series has received RLMM listing from the Ministry of New and Renewable Energy (MNRE). The stock also hit a fresh 52-week high of Rs 42.

Crompton Greaves Consumer Electricals Ltd. traded 0.19 per cent up at Rs 282.6 on Thursday at around 11:32AM (IST), while the benchmark BSE Sensex advanced 440.18 points to 66116.11. As many as 6,045 shares changed hands on the counter with a total value of Rs 0.18 crore.

ICICI Prudential Life Insurance Company Ltd. traded 1.06 per cent up at Rs 549.0 at 11:37AM (IST) on Thursday, even as BSE benchmark Sensex gained 399.66 points to 66075.59.