Extreme Financial News

Leo Capital, stated, “After the excesses of 2021 and 2022, it was inevitable that we had a funding winter. We are beginning to see more investments in 2024, but we believe it will still be a muted environment through 2024, perhaps comparable to pre-Covid years of 2018 and 2019." Two sectors are strong contenders: B2C eCommerceand SaaS.

Aarya Voraa, a social media influencer known for her large following on Instagram, fulfilled her dream of shooting a pre-wedding video in the snowy landscapes of Himachal Pradesh's Spiti Valley. However, this dream came with a price – hypothermia. Aarya Vora described the intense cold, likening it to acid being poured on her hands continuously. Despite the extreme conditions, she persisted in capturing specific shots, including a walking sequence with her fiancé through the snowy valley, clad in a strapless gown. «I was freezing to death, but we had to capture the walking shot of both of us. Afterwards, I got hypothermia. It felt like someone was pouring acid on my hands constantly. I couldn’t bear it,» said Aarya Voraa, who has 853K followers on Instagram said in the post, while sharing glimpses from her pre-wedding video. «Dying in -22 degrees Celsius while shooting for a pre-wedding in Spiti Valley,» her video caption says.

In major centres such as India's 'Silicon Valley' Bengaluru, home to firms like Google, water supply is already being curtailed. The 150 reservoirs monitored by the federal government -which supply water for drinking and irrigation and are the country's key source of hydro-electricity — were filled to just 40% of capacity last week, government data showed.

With the Tesla (NASDAQ:TSLA) stock price struggling in recent months due to various headwinds, including an electric vehicle demand decline, analysts have been examining the factors that could influence the trajectory of its stock over the next few years.

The latest U.S. agricultural census data, out last month with the latest five-year update of data from 2022, shows an increase in the proportion of farms utilizing contract labor compared to those hiring labor overall

Japan's central bank has raised its benchmark interest rate for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy

loan against property interest rates. Credit score is the first thing that is looked at while evaluating any loan application, as it involves assessing your capability to pay back the loan amount. Hence, it’s extremely important to keep your credit score at an optimum level.

Sukanya Samriddhi Yojana Account (SSA) is designed to provide a bright future for your girl child and to promote welfare of Girl Child. Interest rate on Sukanya Samridhi Yojana (SSY) is revised every quarter by the government.

Sanjiv Bhasin, Director, IIFL Securities, says in power, “we would place our bets on NTPC, but REC, PFC would be our two top picks. We think this quarter’s results will be the best ever in the history of the company and like I said, diversification across the board in all power verticals is seeing very good upside on revenues and net interest income and margins.” Bhasin further says is very bullish on ICICI, Axis, HDFC and Kotak and thinks Federal Bank will be a key beneficiary of expansion of gold loans. Also, RBL Bank is giving a very good opportunity. Your portfolio should do well if it contains 4-5 of these large and midcap stocks.

Royal Family. Princess Kate, 42, has not been seen since undergoing abdominal surgery in January, and her apology this week for editing a palace-issued photograph of herself with her three children merely fueled the speculation over her health and whereabouts. It has been reported that the BBC Events production unit was notified to stay alert for an extremely important announcement from the Royal family “at any moment" in wake of Princess Kate's health crisis.

Avoiding credit score scams call for an extreme sense of caution. These are a number of steps that one can take to stay safe. First and foremost, one should share only personal and financial information with the reputable sources. 

PTI. As per the sources, this condition, characterised by the development of small holes in the retina, is extremely dangerous for vision and needs to be treated right away to avoid permanent damage.

Narendra Modi on Saturday talked about “breaking the social psyche" of people who wonder if women drive tractors in villages, saying daughters can operate drones too. Addressing the India Today Conclave here, PM Modi asserted that he distributed agricultural drones to 1,000 drones to women's self-help groups in villages under the Namo Drone Didi Yojana, aiming to empower them technologically and economically. “People are still surprised when daughters operate tractors in villages.

Lok Sabha polls 2024, Prime Minister Narendra Modi on Friday penned a letter to the nation, appealing to the people for their backing to construct a ‘Viksit Bharat’ or a developed India, and said that beauty of democracy lies in ‘Janbhagidari’ (public participation). In his address, Prime Minister Narendra Modi referred to the citizens as “dear family members," emphasizing that their partnership is on the brink of reaching a decade.

At the discussion on 'India & Indo-Pacific: Threats and Opportunities', held as part of the India Today Conclave 2024, the Army chief was asked a range of questions in the context of China's growing influence in the region and the future preparedness of the army «if the situation along the LAC escalates». The eastern Ladakh border standoff erupted on May 5, 2020, following a violent clash in the Pangong Lake area.

A Balasubramanian, MD & CEO, ABSL AMC, says: “though we are not putting the restrictions in our small and midcap fund and given the fact that we are relatively small compared to others, it is about Rs 5,000-6,000 crores size and at the same time, our portfolio liquidity parameters are much better than some of the other schemes which are large in size. Keeping that in mind, while we have not put any stop, we continue to encourage investors to come only through the SIPs and the longer term 3-5-year time horizons. What is this stress test? How have AMCs conducted it because we understand that most of the AMCs, including yours, are saying that there is no stress in the portfolio. A Balasubramanian: The way one has to look at this is, there is an exercise in any case being carried out at regular interval by individual AMCs to check the portfolio construction and how the portfolio risk is being monitored and managed, which will take into account the liquidity as well. The current discussion, which has been there for quite some time in consultation with AMFI committee as well as Sebi, is more of a deep dive given that this segment of the market has been getting more money in the last few years.

As the artificial intelligence (AI) rally continues full-steam ahead, voice AI and speech recognition company Soundhound AI’s stock has benefitted, climbing a significant 272% in 2024. With Soundhound AI stock such a big AI winner and its price now at levels last seen in June 2022, is there a risk of an extremely sharp turnaround?  

Reliance Jio has urged the government and the industry regulator to ensure that carriers have adequate airwave holdings, as the amount of spectrum they hold in India is the lowest per subscriber globally. «I sincerely urge the regulators and policymakers of our nation to ascertain how India needs to expedite its spectrum pipeline as our operators work with the least amount of spectrum per subscriber compared to anywhere else in the world, especially sub-10GHz spectrum. Let us not fall behind in any way,» Jio president Mathew Oommen said. He was addressing delegates at the seventh edition of ETTelecom 5G | 6G Congress 2024 Thursday. His comments came even as the government has initiated plans to launch India's second 5G spectrum auction from May 20.

OTT addicts, good news! A bunch of interesting new content will be released this week! Before you plan your weekend watchlist, here are a few of the new films and web series that are premiering on OTT platforms on March 14! Whether you are craving some (on-screen) romance or in the mood for some horror or edge-of-the-seat thrillers, don’t miss this opportunity!

Earlier this week, a tweet from Indian governments through MyGovIndia went viral on X. The tweet with text — What's wrong with India? — has so far got 2 million views. The tweet highlighted India's recent accomplishments, including the eradication of extreme poverty, the lunar landing achievement, recognition for economic growth from the IMF chief, and advancements in digital infrastructure.

LONDON (Reuters) — The settling down of post-pandemic turbulence and a cloudy economic outlook will rein in demand growth this year, the International Energy Agency said on Thursday, even as shipping disruptions provide a short-term boost.