Extreme Financial News

presidential election in which Abdel Fattah al-Sisi is poised to win a third term in power as the country grapples with an economic crisis and a war on its border with Gaza. Victory would hand Sisi a six-year term in which immediate priorities would be taming near-record inflation, managing a chronic foreign currency shortage and preventing spillover from the conflict between Israel and Gaza's Hamas rulers.

It’s the cusp of winter in the Northern Hemisphere, but in many places from North America to Japan, it feels more like spring — and forecasters say that’s a sign of what to expect over the next couple of months, until a late-season cold snap arrives.

Benjamin Netanyahu's Israel and Hamas fighters from Palestine's Gaza, has entered the third month. Israel's attack on Gaza resumed after a brief pause. Now, US authorities have flagged that the Israel-Gaza's armed conflict will trigger a bigger conflict, including Lebanon and expanding throughout the Middle East.

Nifty not only ended at a fresh lifetime high, but it also closed with gains for the sixth consecutive week. The markets piled up decent returns despite some signs of consolidation in the second half of the week. The last two days were choppy. However, on a weekly note, volatility, as represented by INDIA VIX remained unchanged.

salmonella outbreak traced back to cantaloupes has claimed the lives of at least five people and infected over 100 people across Canada, prompting a warning from experts to remain vigilant, look for signs of the infection, and consider temporarily avoiding melons.Salmonella, a bacterial infection commonly transmitted through contaminated food and water, poses a significant health threat, especially to children and older adults, as it can lead to severe gastrointestinal symptoms, dehydration, and, in extreme cases, death.“Salmonella is one of the most prolific pathogens we know,” said Keith Warriner, a food safety professor from the University of Guelph. “The reason why it’s so successful is that it can survive any environment.

Nifty Bank. Bank Nifty has grappled with underperformance in the past 5 years compared to the benchmark Nifty50. The banking index recorded a growth of 78%, notably trailing behind Nifty50, which witnessed a 96% surge during the same period.

Prime Minister Narendra Modi wished Congress Parliamentary Party Chairperson Sonia Gandhi on her 77th birthday. «Best wishes to Smt. Sonia Gandhi Ji on her birthday.

Sonia Gandhi on her 77th birthday. In a post on X, Kharge said, “Greetings to Congress Parliamentary Party Chairperson, Smt. Sonia Gandhi ji on her birthday." “A relentless advocate of the rights of the marginalized, she has been a symbol of utmost grace while battling adversity with courage, grit, and selfless sacrifice.

Animal Box Office collection Day 8: Ranbir Kapoor’s Bollywood movie Animal, now a legitimate blockbuster has made a significant splash at the global Box Office. It has amassed an impressive worldwide gross of ₹563.3 crore after 8 days. This figure reflects the film's broad appeal and successful reception across various markets.

The career of Cathy Curtis, founder and CEO of Curtis Financial Planning, has been marked by a deep commitment to breaking barriers and fostering financial independence among women.

Check out what's clicking on FoxBusiness.com

Chennai's flood has been startling. Large parts of the city are still inundated and without electricity. Loss of life has been less than in past years, but displacement and loss of property has been massive.

Have you been trying to find out if Betfury is worth signing up for? Are you looking for an overview of their promos, bonuses and games? You’ve come to the right place. Our Betfury Casino review will tell you everything you’ve wanted to know, and more. Read on to learn if you should give Betfury a chance.

Digant Haria, Co-Founder, GreenEdge Wealth, says “PSU banks still have a lot of juice left. With this election verdict and chances of FII flows turning back, PSUs offer a much better upside just because they are not FII over owned. ICICI and HDFCs of the world are huge companies, over owned by FIIs. We still have to depend on a lot of FII flows but the PSU banks are where the next leg of move can happen. That has been a place where we are placing our bets recently.” How are you reading into the movement of some of the largecap stocks because while the mid and the smallcaps no doubt have fired up in this recent rally, largecaps have been moving slow and steady? What is the view on some of the marquee names within the banking space and the other largecaps which are yet to play catch up? In the whole banking space, largecaps were the only ones which did not participate. The big reason was that there was large FII selling in the last one year and we had more than Rs 1 lakh crore getting sold out of this sector. So despite good results, good outlook, good credit cycle, best ever ROAs, everything was in place for a rally in the banking sector, but stocks like ICICI, Axis, HDFC practically did nothing for a very long time.

RBI) continued with its stance of pause in the bi-monthly policy review on Friday. The central bank held the Repo Rate (or the rate at which lends money to banks) at 6.5%, in line with the expectations of money market participants. What does the continued pause mean to mutual fund investors? The Reserve Bank of India has been holding policy rates since February this year. The apex bank had raised policy rates by 2.5% before the pause, starting from May 2022, to contain the inflationary pressure in the economy. Central banks raise interest rates to control inflation by suppressing demand for loans. According to money market analysts, the policy pause is likely to be a long one as the central bank is extremely vigilant about the inflationary pressure in the economy. Most of these analysts rule out a rate cut before June 2024.

proposed options for the phase-out of unabated coal, and an orderly and just transition away from fossil fuels. This might emerge as a contentious point for India, where "coal is and would remain an important part of India's energy mix". Coal and other fossil fuels are responsible for the emission of greenhouse gases, that, in turn, impact global climate and temperature.

The United Nations says at least three of every four Africans can’t afford a healthy diet because of an “unprecedented food crisis.”

S Sreesanth on Thursday alleged that ex-India teammate Gautam Gambhir had called him a "fixer" during a match, and if evidence of misconduct is found against any player it would be "dealt with strictly". The two World Cup-winning players were involved in a heated exchange during an Eliminator match between LLC teams Indian Capitals and Gujarat Giants. The umpires had to intervene and separate the two players.

AMD (NASDAQ:AMD) stock witnessed buying activity in early Thursday trade following the chipmaker's introduction of new accelerator chips targeted at competing in the lucrative artificial intelligence (AI) market, where Nvidia (NASDAQ:NVDA) currently dominates.

Dredges are still working 24/7 to maintain water levels for supply transport.

Nimesh Chandan, CIO, Bajaj Finserv Asset Management, believes the government will continue its path to incentivise manufacturing and infrastructure in the upcoming Budget. He added that a lot of clarity has emerged around election outcomes from the recent state election results. This reduces the risk of steep volatility in the markets due to political slugfest as we approach the General Elections.