Experts Financial News

A Beijing-based art dealer touts itself as China's premier seller of North Korean art, despite stiff U.N. sanctions prohibiting the sale of such goods

International authorities say there's growing evidence that shows Beijing is helping cash-strapped North Korea evade a range of international sanctions designed to hamper Pyongyang's nuclear weapons program

A bill banning all new mining activities in Panama will go to a third and final vote after another extraordinary session of debate

Amazon is saying goodbye to its clothing stores

Panama's president has signed into law an indefinite moratorium on new mining concessions

By Valentine Hilaire and Divya Rajagopal

By Martin Coulter and Paul Sandle

lung cancer at small percentages, but I didn’t think it was a problem for me and I didn’t think it would be in my house.”He then ordered a radon detector and measured the levels of the gas in his Kelowna home. He found that radon levels were spiking in parts of his house, particularly in the basement where his son played Lego, he said.“I knew right then that this is probably the main cause of my lung cancer,” said Khoo, adding that he is thankful doctors were able to find the cancer so early, as he didn’t have any symptoms.“The radon detector was the most important $300 I spent in my life,” he said.

Sam Bankman-Fried, «King of Crypto», founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial. This verdict comes almost a year after the collapse of FTX, once valued at $32 billion.

Treasury yields fell to five-week lows on Friday and two-year yields were the lowest since early September after data showed that U.S. job growth slowed more than expected in October. Nonfarm payrolls increased by 150,000 jobs last month, below economists expectations for 180,000 job gains.

Barcelona are playing Real Sociedad in La Liga on Saturday. Xavi's men will look to bounce back after El Clasico defeat against Real Madrid last weekend. Sociedad will also be eyeing points after a draw against Rayo Vallecano. Barcelona are at the fourth place with 24 points from 11 games. Real Sociedad are at the fifth position with 19 points from 11 matches.

The Dow Jones Industrial Average rose 149.75 points, or 0.44%, at the open to 33,988.83. The S&P 500 opened higher by 16.45 points, or 0.38%, at 4,334.23, while the Nasdaq Composite gained 68.66 points, or 0.52%, to 13,362.85 at the opening bell.

In this weekly series, Dr Suresh Surana, Founder, RSM India, a tax consultancy firm, explains the taxation of various kinds of gifts shared through Gift Deeds.

Shares of Bank of Baroda(up 1.95 per cent), ICICI Bank Ltd.(up 1.5 per cent), Federal Bank Ltd.(up 1.44 per cent), Bandhan Bank Ltd.(up 1.13 per cent) and State Bank of India(up 1.05 per cent) ended the day as top gainers in the pack. On the other hand, IndusInd Bank Ltd.(down 0.74 per cent) and Kotak Mahindra Bank Ltd.(down 0.25 per cent) finished as the top losers of the day.

Shares of LTIMindtree Ltd.(up 2.28 per cent), Tech Mahindra Ltd.(up 1.57 per cent), Infosys Ltd.(up 1.37 per cent), MphasiS Ltd.(up 1.02 per cent) and Persistent Systems Ltd.(up 0.97 per cent) ended the day as top gainers in the pack. On the other hand, HCL Technologies Ltd.(down 0.56 per cent), Tata Consultancy Services Ltd.(down 0.27 per cent) and Wipro Ltd.(down 0.02 per cent) finished as the top losers of the day.

Oriental Trimex(up 3.85%), Ashapura Minechem(up 2.54%), Orissa Minerals Development Company(up 2.33%), Sandur Manganese & Iron Ores(up 1.92%), Lexus Granito(up 1.49%), MOIL(up 1.29%), Coal India(up 1.02%), Gujarat Mineral Dvpt Corporation(up 0.96%), Aro Granite Industries(up 0.41%) and Madhav Marbles and Granites(up 0.39%) stood among the top gainers. Pokarna(down 0.57%), KIOCL(down 0.38%) and NMDC Ltd(down 0.28%) were among the top losers of the day.

The NSE Nifty index closed 97.35 points up at 19230.6, while BSE Sensex ended up 282.88 points at 64363.78. On the other hand, Bajaj Finserv Ltd.(down 2.50 per cent), Dr.

Sikko Industries(up 2.71%), Agro Phos(up 1.89%), Nagarjuna Fertilizers & Chem(up 1.85%), ZUARIAGRO(up 1.41%), Bohra Industries(up 1.40%), Paradeep Phosphates(up 1.34%), Coromandel International(up 1.32%), National Fertilizer(up 1.31%), Deepak Fertilizers & Petrochemicals(up 1.31%) and Madras Fertlizers(up 1.28%) stood among the top gainers. Aries Agro(down 1.36%), Khaitan Chemicals & Fertilizers(down 0.89%), Southern Petrochemicals Industries(down 0.80%), G S F C(down 0.79%) and Gujarat Narmada Valley Fertilizers (down 0.46%) were among the top losers of the day.

Rajshree Sugars & Chemicals(up 4.89%), Kothari Sugars & Chemicals(up 3.61%), Simbhaoli Sugars(up 2.64%), Sakthi Sugars(up 2.64%), DCM Shriram Industries(up 2.42%), EID Parry(up 1.90%), Ugar Sugar Works(up 1.41%), Rana Sugars(up 1.40%), Bannari Amman Sugars(up 1.40%) and BAJAJHIND(up 1.39%) stood among the top gainers. Uttam Sugar Mills(down 1.20%), Balrampur Chini Mills(down 0.85%), Dhampur Sugar Mills(down 0.64%), AVADHSUGAR(down 0.56%), Ponni Sugars(Erode)(down 0.55%), Dalmia Bharat Sugar & Industries(down 0.48%), Triveni Engineering & Industries(down 0.40%) and Mawana Sugars(down 0.25%) were among the top losers of the day.

Shares of Eicher Motors Ltd.(up 2.68 per cent), Tube Investments of India Ltd.(up 1.94 per cent), TVS Motor Company Ltd.(up 1.85 per cent), Tata Motors Ltd.(up 1.73 per cent) and Sona BLW Precision Forgings Ltd.(up 1.29 per cent) ended the day as top gainers in the pack. On the other hand, MRF Ltd.(down 2.51 per cent), Samvardhana Motherson International Ltd.(down 1.52 per cent), Maruti Suzuki India Ltd.(down 0.26 per cent), Ashok Leyland Ltd.(down 0.11 per cent) and Bharat Forge Ltd.(down 0.1 per cent) finished as the top losers of the day.

With the interest rate on post office RDs being increased to 6.7% for the October-December quarter, it may be worth your time to check out the features of a recurring deposit at your nearest post office. The post office RD is very similar to a systematic savings plan. You invest a certain sum every month for five years. Banks usually give you the option to book RDs for tenures ranging from 6 months to 5 years. But the post office does not give you that flexibility as it only has the option to make a 5-year deposit. This means your money has to stay invested for a longer period in a post office RD. Post office RD interest rate versus bank RD interest rates A five-year post office RD has an interest rate of 6.7% in the October-December quarter. Only a handful of well-known private sector banks offer higher interest rates. HDFC Bank and ICICI Bank offer an interest rate of 7% on RDs maturing in five years. ICICI Bank offers an interest rate of 6.9%. Canara Bank offers 6.75% and Bank of Baroda 6.75%. State Bank of India (SBI) and YES Bank offer 6.5% and Punjab National Bank 5.3% on a five-year RD.