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Vodafone Idea is under the F&O trade ban on Friday while Aditya Birla Fashion & Retail (ABFRL), state-run Steel Authority of India (SAIL) and Hindustan Copper have moved out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.

Catch and kill

Dividend growth came in ahead of expectations in the first quarter of this year, with payouts rising 4.9% overall on a headline basis, up to £15.6bn. These were boosted by more one-off payments than expected, Computershare found. Overall, 95% of the first quarter's payers increased dividends or held them steady in the period, as regular dividends, which exclude one-off specials, rose 2% in line with expectations. On an annual basis, Computershare increased its expectations for headline dividend growth for 2024 to 4.3% from 3.7%, but revised down its forecast for regular dividends by 0...

core inflation is higher than that of food inflation and the response of core inflation to fuel price shock becomes significant and large during global uncertainties, said a research paper by RBI economists. Food inflation is better anchored since the central bank moved to flexible inflation targeting as its policy goal, the paper said. The paper assessed the degree and duration of the potential second-round effects of food and fuel price shocks on headline inflation. " Our analysis suggests that headline inflation reverts to core inflation and not vice versa. While there has been a decline in the volatility of fuel inflation, its impact on core inflation has turned significant of late" said Harendra Kumar Behera and Abhishek Ranjan from the Reserve Bank's department of Economic and Policy Research. The views are however those of the authors. The article tried to estimate the impact of food and fuel inflation shocks on core inflation to assess second-round effects as it helps to assess whether monetary policy should react to temporary supply shocks. The response of core inflation to food inflation shock is found to be the highest during the 2nd to 3rd quarter and starts dampening thereafter.

The Bank of Canada’s top policymakers have a “diversity of views” about when they expect interest rate cuts to start, but the meeting minutes from the governing council’s latest decision show agreement on the overall pace of easing.

MTV VMAS 2024 or Video Music Awards date and venue have been announced. The 40th MTV Video Music Awards will be held at UBS Arena in New York on September 10, as per a report on Deadline. The VMAs are set to captivate audiences worldwide as they broadcast across MTV's extensive network of linear and digital platforms, spanning over 150 countries and territories. With a reported reach of 319 million households, the event promises to enthrall viewers from diverse corners of the globe, uniting music enthusiasts in a shared celebration of creativity and talent.

Chairman of Indian Overseas Congress Sam Pitroda triggered a row after he advocated the concept of inheritance tax prevailing in the US. BJP leaders, including Prime Minister Narendra Modi, criticised Pitroda's comment and said the Congress will continue to loot people even after their death.

During a speech in London today (23 April), Pill said his assessment of the monetary policy stance had mostly remained unchanged since his vote to maintain the Bank's base rate at 5.25% in March.  The economist said the combination of little news and the passage of time have brought a Bank rate cut «somewhat closer», but noted the «lack of news» since the last MPC decision gives him «no reason» to depart from the baseline that it is too early to cut rates. BoE's Huw Pill: Interest rate cuts possible as 'reward' for lower inflation Pill noted that seeing headline inflation fall towa...

Rebel Rising,' actress Rebel Wilson has stirred headlines with claims of a provocative invitation to a 2014 party allegedly involving a member of the British royal family. The narrative unfolds with Wilson recounting a last-minute invite to a lavish event hosted by a tech billionaire, where she found herself amidst a surreal scene of medieval themes and hidden intentions.

For signs that the turbulent commercial real-estate market is beginning to stabilize, look at Blackstone’s largest real-estate fund, known as Breit. The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022, when a flurry of withdrawals compelled it to limit how much it could pay out. “We believe commercial real estate is at an inflection point, with real estate values bottoming," Blackstone said in an April letter to Breit shareholders, who are mostly individual investors.

BJP on Tuesday named Tashi Gyalson as its candidate from Ladakh Lok Sabha seat, dropping sitting MP Jamyang Tsering Namgyal. Gyalson is the chairman-cum-chief executive councillor of Ladakh Autonomous Hill Development Council in Leh. Namgyal had hit the headlines in 2019 with his viral speech in Lok Sabha to defend the Narendra Modi government's decision to repeal Article 370 and making Ladakh as a separate Union Territory. The BJP's decision to drop Namgyal comes amid resentment towards the ruling party among a section of Buddhists in Leh.

CPI) inflation does not have to touch the Reserve Bank of India's 4% target, but sustainably move towards that mark for interest rates to be lowered, Ashima Goyal, external member of the central bank's monetary policy committee (MPC), told ET. «Headline inflation does not have to reach target but has to durably approach it for the MPC to cut rates,» Goyal said in an interview after the release of the MPC's April 3-5 minutes. «If expected headline inflation stays persistently below 4.5%, our current real repo rate would be too high.» She said she would look for more confirmation of India's resilience to supply shocks and the anchoring of inflation expectations, while citing global risks, domestic political flux and the progress of the monsoon as uncertainties that shaped her view of a status quo on rates in April. Over the past year, the RBI has, on several occasions, said that its aim is to drive CPI inflation back to the 4% target, and that it is not enough for the price gauge to be within the 2-6 tolerance band of the MPC. CPI inflation was at 4.85% in March.

Top news of April 20: Elon Musk's planned visit to India and the intense politics around it amid Lok Sabha elections 2024, the optimistic quarterly results for HDFC Bank and US sanctions on Pakistan's missile program were some of the top news that grabbed headlines on Saturday. At a time when India is in the midst of Lok Sabha election and extreme tensions are going on in one part of the world, no one can afford to miss the the major headlines of the day. 1.

inflation to the 4% target on a durable basis,” Reserve Bank of India (RBI) Governor Shaktikanta Das said in the minutes of the rate-setting panel’s last review meeting.

Concerns that volatile food prices could hurt the battle against inflation dominated the latest meeting of the central bank's rate-setting committee, minutes released on Friday showed, compelling the panel to hold the policy rate. While headline inflation measured by the consumer price index (CPI) cooled a bit from 5.1% in January to 5.09% in February, food inflation rose from 7.58% in January to 7.76%. Food inflation rose primarily driven by vegetables, eggs, meat and fish, the Reserve Bank of India’s (RBI) monetary policy committee (MPC) said.

India along with being an economic power is also more than ready to take the next step towards becoming a science powerhouse, as it called for a rise in the country's research and development spending, especially from the private sector. The prestigious British weekly said in its editorial headlined «How India can become a science powerhouse» cited researchers to highlight that basic research has been neglected by successive governments and that a thriving research system needs much greater autonomy.

In contrast to the United States Federal Reserve, the Bank of Canada is running out of excuses to keep from acting as the proverbial deer in the headlights. The economy here is far weaker, fiscal policy is far less stimulative even with the spending largess in the federal budget, and there’s much more spare capacity being built up, particularly in the labour market.

China’s youth unemployment rate remained steady in March, in what could be seen by some as a tentative sign that the world’s second-largest economy is gradually stabilizing. The jobless rate among China’s 16- to 24-year-olds—excluding those enrolled in school—stayed at 15.3% last month, the same as in February, according to data from the National Bureau of Statistics on Thursday. That is broadly in line with figures earlier this week showing that overall headline unemployment stood at 5.2% in March, ticking down from the prior month’s 5.3%.

Multiple people have been arrested in connection with the largest gold heist in Canadian history at Toronto Pearson airport last year, Peel Regional Police say.

Avinash Tiwari, known for his recent film 'Madgaon Express,' has been making headlines in the OTT world. Following the success of his latest release, Tiwari shared intriguing insights and spoke about 'Mirzapur 3' during an interview with BollywoodLife.

Canada’s inflation rate picked up slightly in March to 2.9 per cent from 2.8 per cent in February, Statistics Canada said Tuesday, but the consumer price index (CPI) release suggested that core inflation continued to slow.