Headlines Financial News

Royal Family which has its website has recently deleted a statement by Prince Harry who came down heavily on the British press for their coverage of his then-girlfriend and present wife Meghan Markle. The statement had once infuriated his father and brother, according to Prince Harry. This statement was issued in November 2016, months after the relationship between Harry and Merkel went public. For years, the statement remained on the website ‘royal.UK’ in which all the statements issued by the members of the royal family are shared. This also includes official announcements. It is believed that the link has been taken down sometime in December 2023.

Armageddon' in real life for Ben Affleck as he is in a wave of controversies surrounding his current relationship status with actor and singer Jennifer Lopez. Ben 'Batman' Affleck has been spotted on various occasions without J.Lo and according to a previous ET report, was also reported to be seen without his ring while arriving at a movie set.

Hulu has some good shows streaming now. It has both documentary content as well as series which have rocked the OTT platform across the world. These shows have caught the attention of the audience and here is a list of some of these shows.

Opposition INDIA bloc over not announcing the prime ministerial candidate and even said that all leaders in the Opposition alliance are candidates to become the prime minister. "If we form the government, all the leaders will decide who will be their PM," Mallikarjun Kharge was quoted by NDTV as saying during a press conference in Himachal Pradesh's capital, Shimla. He mentioned the ten years of the UPA regime and said that no prime ministerial candidate was announced before the 2004 Lok Sabha elections.

Top Events this week: This week was marked by significant events across various sectors. In Pune, a tragic car crash involving a juvenile driver led to the arrest of his father, while a bus accident on the Ambala-Delhi National Highway claimed seven lives. Legal troubles arose in Delhi as Chief Minister Arvind Kejriwal’s personal secretary faced judicial custody.

A key driver was strong underlying growth of 6.8%, but the headline figure rose more slowly (2.4%) due to fewer one-off special dividends over the quarter. At the same time, the index found 93% of companies either increased or held their dividends steady in the three-month period. UK dividend outlook 'healthy but unexciting' despite cuts to growth forecast Dividends in the US reached an all-time quarterly high of $164.3bn, a 7% increase on an underlying basis. This was attributed to the restoration of Disney's payout after the pandemic, as well as first Q1 dividends from Meta and T...

Gautam Adani's cash cow Adani Ports and Special Economic Zone, the shares of which have nearly doubled in the last year, would soon be included in India's headline equity index Sensex.

shares of billionaire Gautam Adani's flagship entity Adani Enterprises have erased all losses induced by the controversial Hindenburg report. During the day, the stock rallied 2% to hit a fresh 52-week high of Rs 3,455 on BSE but was still about 21% away from its all-time peak of Rs 4,189.55 touched on 21st December 2022. At the peak of the Hindenburg crisis, shares of Adani Enterprises had fallen to a low of Rs 1,017.45 on 3rd February 2023. Faithfuls have been rewarded with a 3X return since then.

salary package upon completing their engineering degree. The latest report revealed 8,000 IITians have not found a job through campus placement this year.In a LinkedIn post, IIT Kanpur alumnus and placements mentor Dheeraj Singh shared three years' placement data based on 23 RTIs (Right to Information), annual reports, media reports, and student insights. In 2024, 21,500 were registered at IITs, of which 13,410 were placed while 8,090 were yet to find jobs.The number of unplaced students almost doubled this year as compared to 2023.

₹2.1 trillion, the surplus (note, not dividend, since RBI is not a commercial entity) is the highest-ever payout by the central bank, and more than double the previous year’s ₹86,416 crore. This is good news. Especially since the transfer has been done after beefing up RBI’s contingency risk buffer (CRB) to the upper end of the band (5.5-6.5% of its balance sheet) suggested by the 2019 Bimal Jalan committee.

Check out the companies making headlines in midday trading:

Easing of rates by the Reserve Bank of India might still have to wait going by the hawkish tone in an assessment of the economy published by the RBI economists in its latest monthly bulletin. “A modest easing of headline inflation in the reading for April 2024 confirms the expectation that an uneven and lagged pace of alignment with the target is underway” wrote the Reserve Bank of India deputy governor Michael Patra and his team in their assessment of the economy published in the latest monthly Bulletin. Significantly the statement seems to suggest that full alignment with the target may still have to wait. Hence easing of rates. The views expressed are not that of the Reserve Bank of India.

Hormazd Sorabjee, Editor, Autocar India, says Nexon is the mainstay of the Tata range. It is their number one seller and Tata Motors will do a lot to guard its stuff. So, I am sure we will see a lot of action in terms of, might even be pricing going forward. The Maruti offering s almost like a bare car compared to the 3XO; yet it sells in a lot of numbers and that tells us that things like service and reliability turn out to be a key factor. There is a lot of buzz around the Mahindra launch. There are a lot of headlines talking about how the bookings have been in a matter of 60 minutes, in a matter of a day, etc. But what is the reality? I am sure you have tried and tested this one. Is it really that people would be lining up for this one? Hormazd Sorabjee: They have come out all guns blazing with this 3XO. It was sort of like a do or die for them because this is one segment they have not been competitive in at all and they really want to grab market share. They have genuinely wowed the market with a product that is very high on features, has got a lot of tech on it and at a very good price.

Pune has already have already committed a crime which can lead to an adult being sentenced for life! 17-year-old Vedant Agarwal hit headlines when his Porsche SUV, knocked down two people who were travelling on a two-wheeler. The victims a pair of IT employees -Ashwini Koshta (24) and Aneesh Awadhiya, died on the spot. Both of them were from Madhya Pradesh. The incident took place at Kalyani Nagar, Pune. The vehicle, which did not have a registration number, collided with the roadside pavement railings after striking the pair. A video circulating on social media depicted a crowd of individuals assaulting the driver as he attempted to extricate himself from the crashed car. An eye witness told the police that The Porsche was traveling at a speed of approximately 200-240 km/hr, with three occupants, including Vedant, in an intoxicated state.

Pirates of the Caribbean's upcoming reboot is already in the development stage and is making headlines with latest developments every week. According to a latest ET report, Jerry Bruckheimer, the producer of the reboot of this epic franchise, has recently revealed the future of Johnny Depp in the film. Now, he has broken his silence over Margot Robbie and the future of 'Pirates', that is going to see Disney come onboard in what can be deemed as the sixth film of the franchise.

Investing in cryptocurrency may have some challenges due to market volatility, but timely picks can yield significant profits. However, with currencies like BEFE, there’s always an opportunity to profit from the market, especially when a bullish run is going on. PEPE coin is already making headlines with its recent ATH, and the other memecoins are giving reasons to dream again.

May when S&P BSE Sensex has slipped 566 points or 0.75%, silver has outsmarted not just the headline index but also its shinier peer gold, and Bitcoin. The white metal has jumped by nearly 11.29% or over Rs 9,580 per kg in this month so far as its industrial appeal returns along with renewed hopes of at least two interest rate cuts, this year. Silver's rally over the first fortnight in the ongoing month accounts for nearly 60% of the gains it has recorded in 2024 so far. It is up by 21% or Rs 16,000 per kg. On Friday, July silver futures on the MCX hit a lifetime high of Rs 90,391.

Reserve Bank of India carries out in its role as the government's merchant banker. The operation in question is a buyback of government bonds. But the stops and starts in executing the operation show the enormity of the task that the central bank faces in executing two of its mandates that are sometimes at odds with each other — the making of monetary policy and the management of the government's debt. Bhaskar Dutta explains the issue that has been capturing financial market headlines:

UFC Fight Night is all set to be held on Saturday night and it is headlined by Edson Barboza and Lerone Murphy's fight. The event is taking place at Apex facility in Las Vegas. Meanwhile, UFC Fight Night fight card for April 18 main card has been revealed. The UFC main card will commence at 7 pm (ET).

In this article

According the Bureau of Economic Analysis (BEA), core CPI reached 3.6% year-on-year, the lowest level since April 2021. The headline figure fell in line with economists' predictions and comes a day after Federal Reserve chair Jay Powell said the central bank would have to keep interest rates higher for longer as it tries to tackle wages inflation and a rise in wages. On 1 May, the Federal Reserve decided to keep the interest rate steady at 5.25% to 5.5%, the highest since 2007. Meanwhile, April's CPI came against the backdrop of weaker than expected retail sales in March, which rem...