Extreme Financial News

₹20,384.2 crore of cash shares, turning net sellers of ₹3,852 crore so far this month. The National Stock Exchange’s Nifty marked a life high of 22,124.15 points on Tuesday, when FPIs held a cumulative net bullish position of 79,599 contracts in index futures (Nifty and Bank Nifty). However, they unwound all their bullish bets and turned net short by 4,659 contracts on Thursday, coinciding with the market pulling back almost 3% from the high to close at 21,462.25, thanks to a bloodbath in HDFC Bank Ltd shares.

States are seeing increased demand for their cash amid high interest rates

₹2 lakh ex-gratia Distressed by the loss of lives due to a boat capsizing at the Harni lake in Vadodara. My thoughts are with the bereaved families in this hour of grief. May the injured recover soon.

Contramoney–The art of gambling: Will Perma Bulls get lucky again this year?. Today, let’s address this question in the context of the current situation. And perhaps draw up some principles on how one can make such decisions in the future.

The manufacturer of the helmet that Chiefs quarterback Patrick Mahomes shattered during their AFC wild-card game with Miami says it “did its job” by protecting him on a helmet-to-helmet collision Saturday night

Mahila Samman Savings Certificate, a small savings scheme specially for female investors, was introduced during Budget 2023. It is a one-time scheme available for two years, from April 2023-March 2025.

medium duration funds are better placed to offer superior returns when the interest rates start falling. Debt mutual funds offer attractive returns in a falling interest rate environment. If that interest you, you can learn more about these funds Most mutual fund investors stick to liquid funds, ultra short term funds, short term funds, banking & PSU funds, corporate funds, etc. to take care of their short-term needs. Most of them might know about gilt funds. Even though they may not invest in them. However, many investors are not aware of medium duration funds. Chances are that most people will keep hearing about medium duration funds this year because most mutual fund advisors are recommending these schemes to their clients these days. As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.

Among the history of cryptocurrency thefts, December 2023 stands out as a particularly noteworthy month. This is mostly attributable to a huge exploit that occurred on the Orbit Bridge. On January 1, the blockchain security company PeckShield said that the $81.5 million vulnerability on Orbit Bridge marked December the fifth-largest month for hacks in the year. This month was the fifth highest month for hacks overall.

The last BOJ meeting of 2023 took place before the holidays in December, and as expected, it brought no changes to the dovish BOJ monetary policy that has been in place for many years.

global CEOs, marking a notable jump from its previous ranking of ninth place in 2023, according to PwC’s 27th Annual Global CEO Survey, which polled 4,702 CEOs in 105 countries and territories, including 79 from India. As per the study, 70% of CEOs in India express high confidence in their company's potential for revenue growth in the coming three years. Furthermore, an overwhelming 86% of these CEOs believe that the Indian economy will witness improvement in the next 12 months.

Extreme cold has swept across Canada, bringing heavy snowfall and strong winds and breaking temperature records in Alberta, British Columbia, Saskatchewan and the Northwest Territories.Those temperatures, the Red Cross warns, can bring frostbite and hypothermia — even death.“As Canadians, no matter where we are, whether it’s Winnipeg or up north or Victoria, we all experience some level of winter,” said Jason Small, Canadian Red Cross spokesperson.“And we need to be prepared for that.”The advice comes as Alberta has issued multiple alerts to the public over the last three days to immediately conserve electricity as its provincial power grid strains to keep up with demands amid the frigid temperatures.Parts of B.C. and southern Ontario are also facing deep freezes.Searches for terms like “extreme cold” have spiked on Google among Canadian users and are projected to keep climbing.

After the warmest December on record, an extreme cold wave is sweeping through Canada bringing heavy snowfall and strong winds that are forecast to continue this week.

The Alberta Electric System Operator issued a new grid alert for the province Monday morning amid an ongoing stretch of extremely cold temperatures, but dropped it shortly after.

(Reuters) — Much of the United States remained gripped by an Arctic blast on Monday, cutting power to tens of thousands of customers in northern states and Texas and potentially dampening turnout in Iowa, where voters will cast the first ballots for a Republican candidate in November's presidential race.

Panchayat Mausam Sewa Portal, in English, Hindi and twelve regional languages to help farmers in planning the agricultural activities like sowing, transplantation, application of irrigation, fertilizers, pesticides, etc. It also launched a National Framework of Climate Services (NFCS) that seeks to reduce losses from climate hazards and extreme weather events to commemorate the 150th year of the weather office. The NFCS framework seeks to build a platform for users of climate information and services that will strengthen the production, availability, delivery and application of science-based climate monitoring and prediction services for key sectors such as agriculture, health, energy and disaster management. Talking about the achievements of the weather office Kiren Rijiju, Union Cabinet Minister, Ministry of Earth Sciences said that IMD has improved its forecast accuracy of severe weather events by 40% in the last five years. It has improves the weather observational network in the country in last decade significantly by employing technology. For example, the number of Doppler radars in the country has increased from 15 in 2014 to 39 in 2023, and additional 25 radars will be added in the next 2-3 years. Rainfall Monitoring Stations have increased from 3955 in 2014 to 6095 in 2023; upper air stations have increased from 43 in 2014 to 56 in 2023; High wind speed recorders increased from 19 in 2014 to 35 in 2023.

Narendra Modi on Monday released the first instalment of ₹540 crore to one lakh beneficiaries of rural housing scheme under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN). PM Modi conducted the event via video conferencing.

The emergency alert that Albertans received on Saturday night shows how much work is going to be needed to adapt to future demand according to Alberta’s utilities minister and electricity experts.The alert, issued by the Alberta Electric System Operator (AESO), urged Albertans to reduce electricity usage to essentials only to prevent rotating outages. The alert came a few hours after AESO declared a grid alert due to extreme cold, high demand and low imports.On Sunday afternoon, AESO declared another grid alert for the third day in a row, asking Albertans to reduce electricity to essential use only.“We were concerned at one point that we were going to run out of emergency reserves and have to go to rotating outages,” said Leif Sollid communication manager for Alberta Electric System Operator.He said the last time Alberta saw rotating outages was during the floods of 2013.There was a significant drop in electricity demand almost immediately after the alert was issued.

You might not have noticed it, but it is extremely difficult to find a restaurant in India that can seat a dozen people around a single round table. If you have more than six diners, you have to ask the restaurant to join two or more tables to create a long rectangle. While this allows several colleagues or family members to technically sit at the same table, conversation and sharing of food is limited to groups of four or five people sitting next to each other.

ANI, Shergill said, "The Nyaya Yatra is just a gimmick to keep Rahul Gandhi busy. The true objective, true DNA of this Yatra is 'Bharat Badnam Karo Yatra'.

By Maria Caspani

A critical emergency alert was issued on Saturday evening urging Albertans to reduce electricity use to minimize potential outages across the province.