Extreme Financial News

California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says “the fall has been quite sharp and acute in the midcap and smallcap space. We are basically going to see this pain continuing and though people have a lot of money to invest, this particular fall, perhaps should be waited out for some more time for a variety of reasons. One among them would be how exactly the domestic investor stabilises his losses because in the options market, including the derivatives market, the amount of money that he has to write checks for the mark to market, will probably put pressure on the market.” We would not want to have headed further into the festive season with this kind of a market. Is everything going to abate soon? The reasons were already there and so why this knee-jerk reaction with the Indian market plunging over 800 points? The FIIs are taking the money out and the current domestic market players are writing losses at this point of time and as a result, they are required to sell some part of their portfolios to pay off the sharp mark to market difference which is coming up on some of the holdings, including some of the midcap and smallcap companies.

debt mutual funds that invest their assets in highly liquid assets such as cash and cash equivalents. These funds offer high liquidity coupled with a low level of risk. It is worth remembering that they are not as safe as cash, however, their risk level is extremely low.

Taliban government concede its demands for action against Tehrik-e-Taliban Pakistan (TTP) and Baloch separatists, the Pakistan government has decided to target Afghan refugees on its soil as a leverage to pressurise the Taliban regime. Pakistan realises that without improvement in its internal security situation, the country will not be able to come out of the economic morass in which it finds itself. In fact, Chinese President Xi Jinping categorically told Anwaar-ul-Haq Kakar, the caretaker prime minister of Pakistan, in Beijing on October 19, the need for ensuring safety and security of Chinese institutions and personnel for further enhancement of projects under the China Pakistan Economic Corridor.

Tampa, offers a speciality to all its customers in the form of a rare, decadent, and sweet retreat. Not just the Bern's Steak House, there are other fine-dining places in Florida which are extremely popular. However, the Bern's Steak House has a speciality which makes people talk about the place.

₹1.15 lakh ex-showroom in Bengaluru and Chennai (it’s priced at ₹1.20 lakh ex-showroom in other cities) as it looks to ramp up sales to 10,000 units a month, after having slashed the price from ₹1.45 lakh to ₹1.30 lakh just a couple of months ago. TVS Motor Company, which sells the popular iQube electric scooter, is advertising festive offers worth ₹10,000, including cashback. Hero MotoCorp's Vida V1 comes with benefits worth up to ₹21,000 including a ₹2,000 cash discount.

Chhattisgarh gears up for the assembly elections next month, the opposition BJP in the state faces an uphill task to win the support of tribal population, that is said to have significantly influenced the poll outcome in the past. In the 2018 state polls, the BJP suffered a huge setback in tribal-dominated seats.

On the auspicious occasion of Dussehra, many of us are starting new ventures, making new investments, buying new vehicles or bringing home some gold. While the festival is considered auspicious for all the things mentioned above, it also teaches us some crucial money lessons which are as follows:

In fact, data from AMFI—the mutual fund lobby—as of June 30, 2023, shows that a little over half of the money invested by retail investors in stocks through the mutual fund route stays invested for a period of just greater than two years (51.4% to be exact). So much for SIP being a solution to achieving long-term goals. The ideal process should be: First, draw up a financial plan, and the corresponding asset allocation to meet your goals Second, start investing in line with that. When it comes to equity mutual funds, be sure to get your schemes right, and that too in the right allocation.

RSS chief Mohan Bhagwat on Tuesday said the Manipur violence was orchestrated, and blamed «outside forces» for the situation in the north eastern state. "Meiteis and Kukis were living together for a long time there. It is a border state.

Metropolitan Police Commissioner suggests that the laws addressing extremism may require revision in light of pro-Palestinian demonstrations during the Israel-Hamas conflict. Sir Mark Rowley expressed that it falls upon politicians to establish the legal boundaries, which the police would then enforce.

A growing number of asset managers are reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models.

NEW DELHI : India’s coal stock currently stands at around 71.35 million tonnes, 18.05% higher on a year-on-year basis, the coal ministry said on Monday. In a statement, the ministry said daily supplies of coal to power plants are now higher than demand. After a long rain spell in early October in coal-producing states, production has picked up in the last 10 days.

ALSO READ: Delhi air pollution: Govt explains why 13 hotspots saw AQI over 300, to depute special teams In his letter to Kejriwal, Rai said, "A K Singh, Principal Secretary of the Environment Department; Ashwani Kumar, DPCC Chairman and Principal Secretary of the Revenue Department; and Ashish Kundra, Transport Commissioner, did not attend the important meeting today. Their absence makes it extremely difficult to make any significant decisions and ensure their implementation." "Therefore, I request that, to effectively address the serious pollution situation, a meeting of the National Capital Civil Service Authority should be convened as soon as possible, and officers who are sensitive to the issue of pollution and can actively work to reduce pollution should be appointed," he concluded.

After more than 15-months of tight ranging price action, Chainlink (LINK) has shot-up +11% in a potential break-out trend, yet, as the underwater LINK army goes on parade - is it too late to buy Chainlink?

Arvind Kejriwal wants to get the upper-middle-class using public transport. This is a great idea that poses even greater challenges. Public transport needs to offer riders comfort, convenience and reliability in order for the well-heeled to even consider using it.

(Reuters) — Fisker (NYSE:FSR) cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown in electric-vehicle demand and a price war started by dominant player Tesla (NASDAQ:TSLA).

The Weather Channel said Cyclone Tej further strengthened into an extremely severe cyclonic storm during the early hours of Monday but has moved its course to the Middle East. For cyclone Hamoon, the Weather Channel said that it stands as a deep depression over the west-central Bay of Bengal and would intensify during the next 12 hours when it will move northwards.

A growing number of asset managers is reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models.

(Reuters) -Airbus said on Monday it had signed two contracts valued at 1.2 billion euros ($1.27 billion) to provide capability enhancement and in-service support of France's fleet of A330 MRTTs (Multi Role Tanker Transports).

Former Woolworths boss Roger Corbett has called on Peter Hearl, chairman of Dan Murphy’s parent, Endeavour Group, to step aside, even if activist nominee Bill Wavish fails to get elected at a contested annual meeting next week.