Extreme Financial News

slogans and catchphrases that have the ability to travel far and wide, particularly in the age of social media, do not seem to dominate the discourse as they did in earlier elections. 'Maaf karo Maharaj, hamara neta Shivraj' (sorry Maharaj, our leader is Shivraj) was a big hit in the 2018 state polls when the BJP targeted Jyotiraditya Scindia, a scion of erstwhile Gwalior royalty who is affectionately called 'Maharaj' by his supporters.

N Jayakumar, MD, Prime Securities, says “it is a stock picker's market as far as the small and midcap end is concerned. We have to be really careful about IPOs. Almost by corollary and by default, we are extremely bullish on being in the larger end of the markets and from that point of view, there are a lot more buys in the larger end and the largecaps also offer a combination of liquidity, valuation comfort and the overall theme that India is the destination of choice for so many people has never been more amplified.” India is in great form not only on the cricket pitch, but also as far as markets are concerned. When you look at the comparative landscape, all the economies are suffering, markets are not doing great but we are barely under 5% from all-time high. We may not have done well on the index front but midcaps have been doing great for the longest period of time. Is this enthusiasm justified or are we seeing early phases of froth building in parts of the market? We have seen the froth build up in one, the small SME exchanges where IPOs have been going gangbusters, listing premiums have been large and virtually every company which has gone there has been able to sail through. It has also been there in some of the small and midcap end of the market. So, at least in the listed space, while we can talk about the space as a whole, inevitably veterans will tell you that we are able to dig out gems even in this market even though certain spaces are overheated.

Khalistani leader Pannun's Air India Threat: Delhi, Punjab airports bar visitors "We are asking the Sikh people not to fly via Air India. From November 19, there will be a global blockade. Air India won't be allowed to operate.

“Despite robust macro and healthy earnings trajectory India cannot stay fully immune to global factors,” says Kedar Kadam, Director — Listed Investments, Waterfield Advisors. In an interview with ETMarkets, Kadam said: “In our view, one should stay put and use the market declines to add more in a staggered manner from a 3-4 years perspective” Edited excerpts: We have seen some correction from the highs in both Sensex and Nifty. What is fueling the fall – is it the combination of rise in US Yields and geopolitical concerns? I reiterate my earlier stance, despite robust macro and healthy earnings trajectory India cannot stay fully immune to global factors.

Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a longrunning European Union dispute

Tensions over the conflict in Gaza escalated into a brawl Wednesday afternoon at Concordia University in downtown Montreal.

Living life at least partly online is a fact of modern living, but while the youngest Americans are typically tech-savvy with high levels of digital literacy, the oldest cohort is more vulnerable to cybercrimes.

Petroleum and Natural Gas Regulatory Board (PNGRB) may rationalise the minimum work programme (MWP) commitments city gas companies made in the previous years, which would push companies with lower commitments to raise household gas connection targets while bringing relief to firms that promised high targets but are now facing penalties for missing those«PNGRB over the last 15 years has had an ever-evolving regime for the minimum work programme commitments,» PNGRB chairman Anil Kumar Jain told ET. In the first and second city gas licensing rounds, MWP commitments were 20-30% of total households in a licences area with an understanding that if so many households were connected by the distributor, others would automatically follow, he said. «In the rounds that followed, MWP commitments got extremely diluted to less than even 10% of the number of households.

By Steven Scheer

PV Subramanyam, CEO, Subramoney.com, says “I would rather put it in a multi-asset fund because a multi-asset fund would have 10% of its money in gold. So at any point in time, they will keep selling equity, buying gold or selling debt, buying gold or maybe selling gold and buying equity. That balancing will be done by the fund house and that is more tax efficient than you being able to do it. If you sell gold, you will pay capital gains tax. If you buy more gold, you will pay GST and things like that but if you let the fund manager sell equity, sell debt and buy gold when it is efficient that makes more sense. So a multi-asset fund with 10% in gold or 15% in gold makes more sense and it is more tax efficient also.” During Diwali time, especially Dhanteras, talk about gold is mandated even as we are dealing with a lot of uncertainties right now. There are geopolitical concerns, concerns over crude oil prices, which way they are going to go and of course slowdown in key economies. How important is gold as an investment class today? Normally you tend to have about 5-10% of your portfolio in gold but gold is not very efficiently taxed.

stark choice in the second round of its presidential election on November 19th. Sergio Massa, the current finance minister whose government is presiding over inflation of 138% and a bizarre system of various official exchange rates, is facing Javier Milei. Mr Milei is a libertarian who says he wants to tear down the system, borrowing ideas from Friedrich Hayek, Milton Friedman and other free-market economists.

Bihar legislative assembly on Tuesday, and had sought a hike in caste quotas. On Thursday, the Bihar assembly approved hike in quotas for Scheduled Castes, Scheduled Tribes, Other Backward Classes, and Extremely Backward Classes from 50 to 65 per cent. Notably, the Bihar Assembly unanimously passed a bill to increase reservations for Scheduled Castes, Scheduled Tribes, Other Backward Classes, and Extremely Backward Classes in state jobs and educational institutions to 65 per cent.

Assam Police has arrested Congress MLA Aftabuddin Mollah for allegedly making derogatory remarks about the priests. Police arrested Mollah in Guwahati Tuesday night for making derogatory remarks on temples and namghars (prayer places) during a public rally at Goalpara on November 4. Assam's Special DGP Harmeet Singh said, “A complaint was filed and accordingly police found it cognizable as per the law and he was arrested and produced before the court.” Mollah said that in criminal activities priests and saints are involved. Several FIRs were filed against the MLA after his remarks went viral on social media, Mollah issued an apology, and the Congress party issued a show cause notice.

There is hope for those of us who live (and sleep) in the real world: Getting less than 8 hours of shut-eye a night doesn’t mean you’re doomed to an early grave. A recent study looking at sleep and longevity found that sleep “regularity"—going to bed and waking up at consistent times with few mid-slumber interruptions—matters more than how long you sleep. Sleeping six hours every night on a consistent schedule was associated with a lower risk of early death than sleeping eight hours with very irregular habits.

Bitcoin mining company Riot Platforms has released its financial report for the third quarter, showcasing notable improvements despite missing earnings and sales estimates.

“The 3Cs, namely, capex, credit growth, and consumption (more so discretionary, upper end and luxury) are themes which must find a way to get into the portfolio of investors,” says Devang Mehta, Director – Equity Advisory, Spark Capital Private Wealth Management. In an interview with ETMarkets, Mehta said: “4Fs — Financialisation, Formalisation, Fiscal expenditure by the government & Farm income growth are the themes which will play out in an economic upturn and select sector and companies who are part of this theme will show robust growth and profitability,” Edited excerpts: The festive season has begun, and we are seeing signs of stabalisation as volatility has reduced. How are you looking at markets? India's festive season usually runs for several weeks until Diwali with millions of Indians binging on food, gifts, and home improvements.

general elections loom, the question is whether it can evoke a rush of fervour that could spell an upset at the 2024 hustings. In the view of some analysts, just as the ascent of the Bharatiya Janata Party (BJP) took a revolutionary path at first, with Hindu nationalism its rallying cry, so must the opposition find a heady issue, an arouser of passion, if it expects to shake today’s status quo. After all, expectations are rife of a third BJP victory.

India vs Pakistan, ICC World Cup 2023: India has been great in ICC World Cup 2023 as the Rohit Sharma-led squad finished on the top of points table. South Africa and Australia are in second and third position, while New Zealand, Pakistan, and Afghanistan will fight the battle for the last berth in the semi-finals. With one semi-final between South Africa and Australia almost finalized, the suspense remains on India's possible opponent and the heart of Indians obviously want it to be our biggest rival Pakistan.

Rashmika Mandanna went viral on social media and netizens reacted with a mixture of shock, surprise and horror when they realized that it wasn't the popular actress but a British Indian influencer named Zara Patel. Also Read| 'Extremely scary': Rashmika Mandanna flags 'identity theft' issue as deepfake video goes viral The actress quickly went on social media to share her despair and shock over the viral video. In her comments on X, Mandanna wrote, "I feel really hurt to share this and have to talk about the deepfake video of me being spread online." "Something like this is honestly, extremely scary not only for me, but also for each one of us who today is vulnerable to so much harm because of how technology is being misused." the actress added.

Larry Whitehead is getting ready to open his Christmas tree farm for the season.

In the Mediterranean's olive-growing countries, the extreme weather caused by climate change is taking a toll