Fall Financial News
18.01 / 02:47
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Gold ticks up as dollar softens, yields fall
Gold prices edged higher on Thursday, helped by a softer U.S. dollar and lower Treasury yields, but hovered near five-week lows as investors tempered rate-cut optimism after hawkish comments from central bank officials and robust data.
17.01 / 17:57
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Fertilizer sop to fall to ₹1.8 tn in FY24
₹1.7-1.8 trillion because of lower international prices and smaller urea imports, said chemicals and fertilizer minister Mansukh Mandaviya on Wednesday. In FY23, the Centre spent ₹2.25 trillion on fertilizer subsidies, as per revised estimates. The budgeted estimates for the ongoing fiscal year is ₹1.75 trillion.
17.01 / 16:33
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CEO
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International
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Asian Paints Q3 net up 35% at ₹1,447 cr on fall in raw material prices
₹1,447.98 crore for the December quarter, up 35% from ₹1,072.67 crore a year ago on the back of softening raw material prices and growth in luxury products. Revenue during the quarter rose by 5.4% to ₹9,074.9 crore primarily due to double-digit growth in the industrial business along with the extended festive season. “Growth was supported by the extended festive season, though we saw some moderation in demand in the latter part of the quarter.
17.01 / 13:41
COST
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Spirit Airlines stock continues to fall after blocked JetBlue merger, analysts downgrade
Spirit Airlines (NYSE:SAVE) stock is down a further 18.5% in early New York trading on Wednesday after a federal judge blocked JetBlue's (JBLU) $3.8 billion acquisition, prompting concerns about the feasibility of other mergers in the airline industry.
17.01 / 13:41
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Tesla, Walt Disney and Spirit Airlines fall premarket; Instacart rises
Investing.com — U.S. futures slipped lower Wednesday on concerns that interest rate cuts by the Federal Reserve could be further away than earlier anticipated.
17.01 / 10:26
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Rate Cut
European stocks fall on rate cut uncertainity, weak Chinese growth data
Investing.com — European stock markets fell sharply Wednesday on increased uncertainty over the likelihood of early interest rate cuts as well as disappointing Chinese growth data.
17.01 / 09:55
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Metal stocks fall up to 5% led by SAIL. Here’s why
The Nifty Metal index was the second worst performer for the day, behind Nifty Bank and fell 2.5% to the day's low of 7,736.15. In the 15-stock index, 14 were on the losing side. The other major losers were APL Apollo Tubes, Jindal Steel & Power and National Aluminium Company, each down by 3.3% around 2 pm on Wednesday.
17.01 / 08:01
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Marico shares fall 0.09 per cent in Wednesday's trading session
Marico Ltd. fell 0.09 per cent to Rs 530.95 in Wednesday's trade as of 01:12PM (IST) even as the benchmark Nifty ruled at 21647.95, down 384.35 points. The scrip had closed at Rs 531.45 in the previous session.
17.01 / 06:27
16.01 / 19:37
UPS
Manufacturing
Hyundai
wellness
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Hyundai expects sales of its diesel vehicles to fall to 30-35% in 2024
₹11 lakh, all the way up to ₹20 lakh ex-showroom. Garg expects the SUV to consolidate its leadership in the segment, as well as its contributions to the carmaker’s total sales in 2024, even as competition from manufacturers grows.
16.01 / 13:57
16.01 / 08:35
16.01 / 07:57
15.01 / 14:51
UPS
Booking
WhatsApp
social
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Videos
fall
Ayodhya Ram Mandir ceremony: From free prasad to VIP entry — Don't fall prey to these SCAMS being run to loot devotees
1. Getting free VIP passes to Ram Mandir? A message promising users one's free-VIP entry into the Ayodhya Ram temple is doing round on WhatsApp. VHP spokesperson Vinod Bansal shared a screenshot of a WhatsApp message that came with an "apk" file (Android Package) attached to it - named as Ram Janmabhoomi Grihsampark Abhiyan.apk".
15.01 / 13:26
15.01 / 13:25
Provident
Waters
ICE
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stage
blues
rock
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Prada reconnects with the seasons for its 2024-25 fall-winter menswear collection
The new Prada menswear collection for next fall and winter unveiled on the third day of Milan Fashion Week menswear previews has marked the return of the seasons as a point of renewal of the spirit
13.01 / 01:15
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Software
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fall
Top four IT firms report 50,000 fall in headcount over last year
IT companies have reported a combined headcount drop of 50,875 at the end of the fiscal third quarter from a year earlier. Over the year, the headcount at India’s largest software services firm, TCS, dropped by 10,669. Infosys reported a 24,182 reduction, while Wipro posted a 18,510 fall. At HCLTech, the number increased by 2,486.
12.01 / 17:57
12.01 / 15:25
12.01 / 08:59
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Bharat Forge shares fall 2.19 per cent in Friday's trading session
Bharat Forge Ltd. fell 2.19 per cent to Rs 1247.95 in Friday's trade as of 02:11PM (IST) even as the benchmark Nifty ruled at 21882.25, up 235.05 points. The scrip had closed at Rs 1275.9 in the previous session.
12.01 / 08:59
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United Spirits shares fall 0.6 per cent in Friday's trading session
United Spirits Ltd. fell 0.6 per cent to Rs 1110.85 in Friday's trade as of 01:55PM (IST) even as the benchmark Nifty ruled at 21883.0, up 235.8 points. The scrip had closed at Rs 1117.65 in the previous session.
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