FIVE Financial News

macroeconomic data that makes a case for continuing with the monetary tightening policy through interest rate hikes. In the US, the benchmark 10-year Treasury yields have soared to levels around 4.366%, their highest since 2007, prompting investors to initiate risk-off trade. The US treasury yields have climbed almost 40 bps month-to-date amid rising bets that interest rates will remain elevated for longer.

Hindustan Aeronautics (HAL) share price rose 3.5% to hit a new 52-week high on Wednesday's session as HAL manufactured Vikram lander, part of Chandrayaan-3 spacecraft is expected to land on the moon today. Hindustan Aeronautics' stock has risen for the past three sessions in a row, gaining 6%. HAL share price today opened at ₹3,914.95 apiece on BSE, and touched intraday high at ₹4,034 and low at ₹3,899.

investment bankers in India as the US advisory firm looks to beef up its operations in the world’s most populous nation, people familiar with the matter told Bloomberg. As per the report, the firm is looking to add bankers in ranging from associate to managing director in order to expand its team in India to about 25 people. These new positions will focus on sectors such as infrastructure and industrials, said the people to Bloomberg, who asked not to be identified as the information is private.

Central Vigilance Commission for 2022. The CVC's annual report added that 272 of the requests have been pending for over three months. The government departments are supposed to decide on the requests seeking sanction to prosecute a corrupt official within three months.

Also read: Chandrayaan 3: What is India's mission to moon? Why is it important? Aside from the live-streaming of this historic event, officials have announced the arrangement of special guest shows at 9:30 am and 10:30 am. These shows will feature 30-minute video presentations sharing insights into the science and history of the spacecraft and India's lunar missions. Throughout the day, there are five shows planned for the general public, offering glimpses of India's remarkable lunar missions.

₹69 to ₹499 for one-time access. The film will be available for 30 days but must be viewed within a 48-hour window.

leadership within the Cabinet, people close to the development revealed, as cited by Hindustan Times. “There is a possibility of some ministers being dropped as well," said a person, requesting anonymity. Speculation surrounds a potential state Cabinet reshuffle to counter anti-incumbency faced by Madhya Pradesh's ruling Bharatiya Janata Party (BJP).

Congress party will be launching 'Ghar Ghar Congress' in Odisha on 15th September ahead of the general election and state's assembly election. Under this programme, the Congress leaders will visit each house of the state to deliver the message. Odisha Pradesh Congress Committee (OPCC) President Sarat Pattnaik attacked the ruling Biju Janata Dal government saying that, "how the Odisha government is neglecting OBC, SC and ST and how BJP and BJD leaders are looting Odisha will be highlighted in the house visits".

top Indian IT companies. Despite the challenges, there are some undervalued IT stocks worth considering. These stocks are currently trading below their historical averages.

Worley boss Chris Ashton has singled out artificial intelligence as a top priority, setting up a new working group to investigate how it can incorporate the emerging technology into its global engineering business.

Dipan Mehta, Director, Elixir Equities, says “in capital goods, there are at least four or five good stocks in which we and our clients have invested. You hold them long enough, 3 years, 5 years, 10 years, who knows, they could turn out to be multibaggers. The key thing about this thing is that when you invest in a stock, do not think it is going to be a multibagger, just hope for consistent earnings.”Sometimes after existing quietly for 5-6 years, we realise some stocks have just taken a giant leap forward like Escorts, Raymonds, Tube Investments, CG Power. Tell us about the next ones now.You talk about a sector, and I will give you a few ideas, not recommendations.

Wednesday shaped up as a big day in the bond market with a range of deals coming to market.

Global engineering group Worley plans to use automation and digitisation to boost profit margins after losses on the sale of a North American business caused annual net profit to slide 78 per cent to $37 million.

BRICS summit in South Africa later this year. The motivations behind this inclination toward BRICS are rooted in developing nations' dissatisfaction with the stringent conditions imposed by Western-dominated institutions.

Commonwealth Games officials initially sought a “multibillion-dollar” payout from Victoria’s Andrews government for its cancellation of the 2026 event, and independent mediators were crucial in containing it to a$380 million deal that went down to the wire.

Chandrayaan-3 on the Moon's South Pole. Ahead of the groundbreaking landing on Moon, Padma Shri recipient Sudarsan Pattnaik created a sand art on Chandrayaan-3 Mission on Wednesday. The sand art included a national flag, ISRO's logo, rocket in which Chandrayaan-3 was launched, Chandrayaan 3 spacecraft close to the Moon and ‘Jay Ho with All the best Chandrayaan' written on the innovative design.

Narendra Modi on Tuesday address the BRICS Business Forum in Johannesburg emphasised that India will become the growth engine for the world in the coming years and called for mutual trust and transparency in global supply chains. Key takeaway from the Summit could be a possible meeting between Modi and the Chinese President ahead of the G20 Summit here. Xi landed in Johannesburg a day before Modi amid speculation of their first meeting since 2019 in the backdrop of intense talks since last week to address differences along the Line of Actual Control and dialogue between the NSA Ajit K Doval and Chinese Foreign Minister Wang Yi. A possible meeting between Modi and Xi could set the tone for the Chinese President’s visit here for the G20 summit on September 9-10. Modi has mentioned he will meet some leaders and BRICS invitees on the sidelines of the Summit including the leader of Iran. At his address at the BRICS Business Forum Leaders' Dialogue in Johannesburg on Day 1 of the Summit Modi emphasised that India will soon become a five trillion USD economy and the growth engine for the world in the coming years. “Today, India is the fastest-growing major economy in the world.

Nifty are likely to open lower on Wednesday following negative global cues. The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading at 19,360 level as compared to the Nifty futures’ previous close of 19,389.

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty ended flat during Tuesday's session amid persistent concerns over US interest rates and China's economic health, although the mid-cap index rallied to a fresh record on brighter domestic prospects. The gains in shares of select heavyweights such as ITC, Larsen & Toubro and Axis Bank were offset by losses in those of HDFC Bank, ICICI Bank and TCS. Sensex closed 4 points higher at 65,220 while the Nifty closed the day at 19,396, up 3 points.

Indian stock market is expected to open on a weak note Wednesday following losses in global peers amid lower risk appetite. Asian markets fell while US stocks indices ended lower overnight as investors awaited clarity on the US Federal Reserve monetary policy outlook from Fed chair Jerome Powell’s speech at a meeting in Jackson Hole on Friday. On the domestic front, the Indian equity indices, Sensex and Nifty, ended flat on Tuesday despite positive trends in global markets.

Also read: Chandrayaan-3 set for historic lunar landing on August 23. Know when and where to watch live telecast However, travel industry is highly dynamic, especially in a post-pandemic world where conditions and pricing can fluctuate rapidly. Therefore, it's essential to stay well-informed about flight prices well in advance of planned travel date.