Gap Financial News

Argentina's libertarian president, Javier Milei, a political outsider who won election last year brandishing a chainsaw as a blunt symbol of his plans to cut spending, is defying long odds to right the embattled economy and keeping a lid on voter anger. After years of economic crises, debt defaults, soaring inflation and currency crashes, Milei's success is giving an adrenaline shot to long-moribund local bonds and sparking a wild rally in the markets some 11 months into his administration. The wild-haired economist, a poster child for the global far right and neoliberalism, has scored key economic wins in recent months, helping pull the country's debt out of distressed territory for the first time in half a decade.

Subscribe to enjoy similar stories. Astronomical corner-office pay packages have sparked debate worldwide, including in India. A Mint analysis of India's largest listed companies reveals that median remuneration for top executives grew by 8.6% in FY24, marking a slowdown compared to FY23.

Marico Ltd. 1.86 per cent to Rs 634.35 in Monday's session as of 01:07PM (IST) even as the equity benchmark Sensex traded 1232.28 points at 78491.84. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 719.80 and a 52-week low of Rs 486.75 on NSE. Around 21543 shares changed hands on the counter till 01:07PM (IST).

Cholamandalam Investment & Finance Company Ltd. 2.0 per cent to Rs 1258.30 at 12:22PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 14,365 shares with a turnover of Rs 1.81 crore till 12:22PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 27.52, while the price-to-book value ratio stood at 4.96.

Shriram Finance Ltd. 0.96 per cent to Rs 3120.85 in Monday's session as of 11:01AM (IST) even as the equity benchmark Sensex traded 1191.16 points at 78532.96. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 3652.15 and a 52-week low of Rs 1910.55 on NSE. Around 7956 shares changed hands on the counter till 11:01AM (IST).

Subscribe to enjoy similar stories. National defence is crucial to the security of a sovereign state. While wars of conquest and territorial defence have been fought for ages, the modern notion of national defence is a Westphalian idea.

Subscribe to enjoy similar stories. New Delhi: The Union government may extend deadline for submission of bids for projects under the viability gap funding (VGF) scheme for coal gasification. Two people in the know of the development said that some companies have sought extension of the deadline beyond 11 November, the last date for submission as of now.

National Green Tribunal while monitoring the status of waste management across the country's states and Union Territories flagged several issues last month after analysing the progress reports submitted by Gujarat and Odisha. A bench of NGT Chairperson Justice Prakash Shrivastava noted that the two states filed separate progress reports detailing the steps taken to ensure compliance with the Supreme Court's directions regarding solid waste management rules and establishing adequate sewage treatment plants (STPs). Last year, the tribunal imposed environmental compensation (EC) on various states for the gaps in waste management, including Rs 2,100 crore on Gujarat, which had to be kept in a ring-fenced account. It stopped short of imposing the fine on Odisha after the state government gave an undertaking that it would set aside Rs 1,138 crore to address the gaps. Regarding solid waste management in Gujarat, the bench also comprising judicial member Justice Sudhir Kumar Agarwal and expert member A Senthil Vel said, «The gap reported in waste processing is almost at the same level as was reported earlier, which is on account of not having waste processing facilities commensurate with waste generation.»

The Commerce Department releases its monthly snapshot of the nation’s trade gap Tuesday

FOX Business’ Jeff Flock reports on the latest news emerging from the auto industry as data reveals insurance prices have surged year-over-year.

Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new products and action to reduce inventories slashed global shipments of new vehicles by 20%

Statistics Canada’s latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even as it fails to capture the true scale what’s owned by Canada’s richest families.

LONDON — Britain's Labour government on Wednesday announced plans to raise the rate of capital gains tax on share sales, news that offered some relief for technology entrepreneurs who feared a more intense tax raid on the wealthy.

fiscal deficit for the first half of this fiscal year through September stood at 4.75 lakh crore rupees, or 29.4% of annual estimates, government data showed today. The fiscal deficit widened from 39.3% reported in the comparable year-earlier period. Total receipts stood at 16.37 lakh crore rupees, while overall expenditure in April to September was at 21.11 lakh crore rupees. They were 51% and 43.8% of this fiscal year's budget target.

Subscribe to enjoy similar stories. MUMBAI : Bharti Airtel Ltd has done well on one count in the September quarter (Q2FY25), but fell short on another. First, the good news.

United Spirits Ltd. traded at Rs 1445.20 on BSE at 01:15PM (IST) on Wednesday, 0.26 per cent from previous close. The scrip quoted a 52-week low price of Rs 1011.10 and a high of Rs 1648.40.

Avenue Supermarts Ltd. 0.6 per cent to Rs 3940.25 at 12:42PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 6,652 shares with a turnover of Rs 2.62 crore till 12:42PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 95.23, while the price-to-book value ratio stood at 15.76.

HDFC Asset Management Company Ltd. 0.08 per cent to Rs 4424.95 at 12:32PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 4,127 shares with a turnover of Rs 1.81 crore till 12:32PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 42.73, while the price-to-book value ratio stood at 11.32.

smallcap stock called Elcid Investments has just re-written Dalal Street's history with its share price skyrocketing from just Rs 3.53 to Rs 236,250, an impossible-looking jump of 66,92,535% in one day. Elcid is now India's most highly-priced stock as it has surpassed MRF's share price of Rs 1.2 lakh. Such a sharp jump is unheard of in India's history and reminds investors of the crypto mania of 2021 when prices of several cryptocurrencies just went through the roof in a matter of days.

Donald Trump has amazed everyone by bouncing back in the US election race like a king, fitting of a former President. Many had written him off in this election battle after Kamala Harris began steadily rising ahead in the elections with data from top pollsters favoring her for the last few months.

nominal GDP (unadjusted for inflation) growth. At the starting point, nominal GDP growth is at 4%, significantly lower than the 10% rate the country routinely churned out between 2017 and 2019. This is because the GDP deflator (the broadest measure of prices in the economy) has been stuck in negative territory for six consecutive quarters, the worst run since the late-1990s. So, lifting the GDP deflator back toward a 2-3% growth run rate will be key. It is through this lens that one must evaluate the recent slate of policy actions, specifically, whether they will revive nominal GDP growth and lift China out of the debt-deflation loop. These measures are supportive, but not sufficient yet.