Extreme Financial News

Amid a crawfish shortage in Louisiana, Gov. Jeff Landry has issued a disaster declaration for the impacted industry

India has 87% fintech adoption rate – the highest in the world, 1.26 billion digital IDs, 658 million internet users, 30 million merchants who accept QR codes and the digital lending and insurance sectors are expected to grow to $350 billion and $222 billion respectively by 2025. (Barclays Rise Report) While women form 50% of the country’s population, financial and digital literacy of women is lowest, as per World Bank’s Global Findex Data.

said, "...many things come to our minds whether we should repeat such a mission or bring samples or will we do a type of mission different from what others did. This question is still being debated and discussed." ALSO READ: Chandrayaan 3: What is India's mission to moon? Why is it important? Sonamath explains how the next lunar mission will be more challenging than Chandrayaan 2 and 3: 1. Somanath said there's a need for multiple launchers for this mission.

RealVision CEO Raoul Pal, a former Goldman Sachs hedge fund manager, suggested that periods of significant liquidation offer favorable buying chances for Bitcoin.

₹2.5 lakhs per annum. A division bench of the Delhi High Court revised an earlier order by a single-judge that had increased the income limit for school admissions under EWS category. The income limit was earlier increased from ₹1 lakh to ₹5 lakhs per annum.

Tesla turn the tap off." Referring to the possible attackers, Tesla CEO Elon Musk, wrote on X, "These are either the dumbest eco-terrorists on Earth or they're puppets of those who don't have good environmental goals." "Stopping production of electric vehicles, rather than fossil fuel vehicles, ist extrem dumm," he added, using German to say "is extremely stupid", according to Al Jazeera. Meanwhile, the interior minister for Brandenburg, Michael Stuebgen, stated that arson would be "a perfidious attack on our electricity infrastructure" if it is proven, according to Al Jazeera.

By Nette Noestlinger and Christoph Steitz

—Name withheld on request

Crypto traders and investors around the globe have been able to breathe a sigh of relief after surviving the crypto winter between 2022 and 2023. The new year has induced a strong positive sentiment into the crypto market, boosting prices and restoring investor confidence. With the Fear and Greed index displaying extreme greed in the market, one wonders which cryptocurrencies will embark on a bull run.

El Nino has peaked as one of the five strongest on record and will continue to impact global climate in the coming months despite a weakening trend, the World Meteorological Organisation said on Tuesday. The UN agency also said above-normal temperatures are predicted over almost all land areas between March and May. The prevailing El Nino conditions fuelled record temperatures and extreme events the world over, with 2023 being the warmest on record. According to the European Union's Copernicus Climate Change Service, the global mean temperature breached the 1.5-degree Celsius threshold for an entire year for the first time in January.

How can one open a demat account? Here are 4 simple steps to follow Rising GDP typically elevates inflation. Moderate inflation indicates a healthy economy. An increase in prices in general can loosely be termed as inflation.

Goldman Sachs analysts said in their Weekly US Kickstart note Monday that the current growth stock rally is unlike the tech bubble seen in the 1990s.

Big Tech stock's march continues at full throttle, propelling the broader equity market to high after high. Amidst this uptrend, the Invesco QQQ, an exchange-traded fund (ETF) that tracks the tech-heavy Nasdaq-100 index, rose more than 10% year-to-date, closing at a new record high of 445.61 on Friday.

natural gas sector has not reached the end customer, oil minister Hardeep Puri has said, adding that the government will take all measures to ensure compliance by city gas companies. “At the end of the day our objective is, and should always be, to bring the energy, gas to the consumer at the most affordable rates,” Puri said on Monday after distributing letters of intent to the winners of city gas licenses in the North-East and Jammu & Kashmir. “What has been happening so far, and I’m not intending this as a criticism, but whilst the government has taken a number of measures, the full benefit of that pass-through has not come to the customer. And that, I think, can be easily seen if you see what the profit sheets of all the companies are,” he said.

Goldman Sachs analysts said in their Weekly US Kickstart note Monday that the current growth stock rally is unlike the tech bubble seen in the 1990s.

₹1,076.90 apiece on the BSE. ICICI Securities has a target of ₹1,250 per share for Gulf Oil Lubricants India, implying an upside of 25% from Saturday’s closing price.

Aman Soni, Head of Operations at Prudent Equity, believes one should remain invested in stocks but the quantum is something one needs to identify based on their time frame and risk appetite. In an interview with Mint, Soni also shared his views on the market and his strategy for the mid and small-cap space. Edited excerpts: Never shy away from investing in equities.

Sanjiv Bhasin, Director, IIFL Securities, says they remain extremely bullish on this space. There will be upgrades, downgrades at new highs. Who thought Tata Steel will go to Rs 165 from Rs 100 in the last six months and right now, SAIL is the new GAIL. So, one can imagine the left-out feeling. Bhasin says: “We continue to be very optimistic. Our dark horse play there continues to be Nalco, JSW and Vedanta.” Over the last week, the metal pack had a very solid run. But today, CLSA has downgraded JSW Steel as well as Tata Steel. Do you think they are a bit too conservative and early in downgrading or do you think the rally has played out? Sanjiv Bhasin: Since a couple of weeks ago, I have been saying that the dollar is headed lower and if China comes back, we will see metals do well. We have seen that there has been no capacity addition. And I think the way nickel, copper, all both ferrous and non-ferrous are performing, this could be a very sweet time for metals, particularly commodities, particularly metals. And we remain extremely bullish on this space.

By Tetsushi Kajimoto

Mint amid the frenzy in many of these stocks. The founder of GQuant Investech believes that Sebi is right in sounding the alarm bells about the froth in the small-cap space , even as these warnings are being cheerfully ignored by the market.

extremist Islamist views from countries such as Pakistan, Afghanistan and Indonesia will be blocked from entering Britain under new plans being drafted by the government, according to a UK media report on Sunday. 'The Daily Telegraph' reports that the British government is concerned about a «shocking increase» in extremist activity and officials are being deputed to identify the most dangerous extremists from overseas so they can be added to visa warning lists. Under the new plans, those on the list will be automatically refused entry to the UK. The revelation comes days after British Prime Minister Rishi Sunak delivered an impassioned speech from the podium at 10 Downing Street in London, warning that the country's democratic and multi-faith values were under threat by extremists.