FIVE Financial News

Life Insurance Corporation of India rake in a massive profit of Rs 2.28 lakh crore in its portfolio. LIC, which is invested in about 260 listed companies in India, saw the market value of its overall holdings surge to Rs 11.89 lakh crore from Rs 9.61 lakh crore in December last year, data by Ace Equity showed. The market value has been calculated based on the shareholding of LIC as of September end and the current market price of the stocks. The Nifty 50 has given 18% returns on a year-to-date basis. But from its 52-week low touched in March this year, the index has rallied more than 28% to scale a lifetime high of 21593 points in this month. LIC’s Nifty 50 portfolio alone has given the domestic institutional investor handsome returns this year.

The State Bank of India (SBI) has hiked interest rates on fixed deposits (FDs). This interest rate is applicable on FDs below ₹2 crore. The new rate is effective from today, 27 December 2023. 

Investing.com — US stock futures are showing minimal change this Tuesday night as investors closely monitor the benchmark index's progress towards a record high.

F&O ban list: A total of five stocks have been put under the ban for trade on Wednesday, December 27, 2023, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

car models will be unveiled or go on sale in 2024 as automakers ride on the momentum of the past two years and launch new battery-run vehicles as part of the transition to electric. This will be the highest number of new model introductions in the non-luxury segment in the last few years. Besides electric vehicles (EVs), they will include facelifts of existing models. New launches typically add 8-10% of total volume growth for automakers, potentially translating into 250,000-300,000 units of incremental volume, taking the domestic aggregate to a record 4.3-4.4 million units next year.

NEW DELHI : The ministry of earth sciences plans to set up two high-performance computers (HPCs) in Noida and Pune to enhance weather forecasting accuracy, in the face of shifting weather patterns leading to increasing instances of extreme rainfall. “None of the weather prediction models anticipated the 90cm rainfall witnessed in the Kayalpatnam municipality in Thoothukudi district of Tamil Nadu last week. Prediction of weather in tropical regions is difficult because of dynamic changes it undergoes in comparison to weather in higher latitudes," earth sciences secretary M.

France and the UAE to bring back the flight which was grounded at the Vatry airport, east of Paris, over suspected human trafficking. It was a tip-off, described as anonymous, from the UAE that enabled France to halt the Romanian Airlines chartered flight at an airport near Paris on suspicion of human trafficking.

India vs South Africa, 1st Test: Day 1 at SuperSport Park stadium, Centurion turned out to be more difficult for India than they imagined. Kagiso Rabada, who is still recovering from his injury was furious with the ball as he used his extreme pace to clinch a fifer against the world's best batters. As Team India struggled, legendary Indian cricketer, Sunil Gavaskar spoke about the Ajinkya Rahane factor and talked about how things could have been different if the veteran player was present in today's match.

Karnataka government rolled out the last of Congress’ pre-poll guarantees on Tuesday, with chief minister Siddaramaiah formally opening registrations for the unemployment assistance scheme Yuva Nidhi. The AICC, readying itself for the upcoming Parliament elections, is banking heavily on the guarantee formula, which has led to landslide victories for the Congress this year in both Karnataka and Telangana assembly polls. Speaking at the Yuva Nidhi launch, the CM slammed Prime Minister Narendra Modi, calling him out on his “lack of economic understanding” for criticising the guarantees.

But what will happen when Aditya L1 will reach the Lagrange Point 1? Somanath said when the Aditya-L1 spacecraft reaches the L1 point, "we have to fire the engine once again so that it does not go further." "It will go to that (L1 between Sun and Earth) point, and once it reaches that point, it will rotate around it and will be trapped at L1," the ISRO chief was quoted by news agency PTI as saying. Even the ISRO mentions on its website that upon arrival at the L1 point, a maneuver wound bind Aditya-L1 to an orbit around L1 — a balanced gravitational location between the Earth and the Sun.

In the complex world of finance, keeping an eye on the ever-evolving landscape is essential for making successful investment decisions. As we step into 2024, it’s crucial to identify and understand the investment themes that are likely to shape the Indian stock market in the year ahead.

Nazara Technologies, said that this will be the obvious next step for the industry in the coming year. For esports, meanwhile, 2024 will be all about improving monetization.

Samsung has expanded its Galaxy A-series lineup in India with the launch of the Samsung Galaxy A25 5G and Galaxy A15 5G smartphones. Priced at Rs. 26,999 and Rs. 19,499 respectively, these devices offer a blend of latest features.

LG appliance's user-friendly interfaces, simple controls, and connectivity with contemporary smart home ecosystems all contribute to an improved overall user experience. The article walks readers through these features, illuminating how LG carefully designed a washing machine that not only performs exceptionally well but also complies with the convenience and connection needs of today's modern lifestyle. Join us as we examine the subtle differences between the 10 kg LG Washing Machine and other models in an effort to determine why it is considered the most cutting-edge, effective, and all-around laundry solution available.

The unique combination of investment in mutual funds, debt market, and life insurance coverage has always attracted investors to different unit-linked insurance plans (ULIPs). These plans also help in investing for long-term goals like buying a house, retirement, or children's higher education. Additionally, the waiver of premium (WOP) feature enables ULIPs to fulfil long-term investment goals even in case of unfortunate incidents like the untimely demise of the policyholder.

Vivanta hotel in Tawang, Arunachal Pradesh on Tuesday. The company said the hotel, situated at a height of 10,000 feet, offers 'panoramic views' of the Tawang Valley and the Himalayas. Puneet Chhatwal, managing director and chief executive officer, IHCL said the launch of the hotel reaffirms IHCL’s unwavering commitment to North East India as it continues its pioneering efforts in putting emerging destinations on the global tourism map including Shillong, Gangtok and now Tawang.

India’s foreign minister S Jaishankar landed in Russia on Monday for a five-day visit, during which he is expected to meet the country’s top economic and foreign policy officials. While his agenda promises much, observers have pointed out that this is the second time prime minister Narendra Modi has skipped his annual summit with Vladimir Putin. India’s top diplomat is expected to meet with Russia's deputy prime minister Denis Manturov and foreign minister Sergey Lavrov during his visit, which ends on 29 December.

Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the repo rate at 6.5 per cent, extending a streak of five consecutive meetings with no changes. This decision, as anticipated by analysts, underscores the MPC’s prudent strategy of carefully managing inflationary concerns while concurrently fostering economic growth.

In Tuesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let's first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not.

Introduction: AI Revolutionising Project Management Artificial Intelligence (AI) stands as a powerful force reshaping project management on a global scale. The latest insights from the 2023 PMI Annual Global Survey indicate a significant shift, with 21% of respondents already incorporating AI always or often in their project management practices.

interest rates with effect from December 26, 2023, according to the bank's website. The revised rates are applicable for FDs worth less than Rs 2 crore. The highest interest rate for individuals can go up to 7.10% and the highest interest rate for senior citizens can go up to 7.75% in the private sector lender.