Limelight Financial News

silver prices remained in the limelight followed by feeble US economic numbers, which fuelled hopes that the US Federal Reserve would cut interest rates this year. In the key domestic futures market, prices were placed well above Rs 90,000 a kg level while it crossed the key $30-level mark in the overseas market last week.

Athachi Finserv is a part of Athachi Group, which has sustainability in its heart, and ethical values at its core. A second-generation organization committed to the cause of preserving, protecting, and nurturing nature, and bringing back ancient Indian wisdom to limelight, the conglomerate is passionately involved in nature-based Farm Produce, Ultra Luxury Skin & Personal Care, Premium Wellness Products, Investment Management, Financial Advisory, Renewable Energy etc. In fact, joining Athachi Finserv is more of a homecoming of sorts for Mr.

Prices of Indian lab-grown diamonds (LGDs) have crashed by 45% in FY24 due to overproduction in the global markets. In FY24 global production of lab-grown diamonds stood at 40 million carats, which is almost 33% higher than FY23 production.

Congress leader Priyanka Gandhi Vadra on Saturday attacked BJP's Amethi Lok Sabha seat candidate and sitting MP Smriti Irani, alleging that the region has «suffered» in the last five years as the BJP never thought about its development. She was here to seek support for Congress' candidate from the seat Kishori Lal Sharma, who she said has «dedicated his entire life to Amethi». Priyanka Gandhi, who is a general secretary in the Congress, held a roadshow in Jasi town on the last day of campaigning for the seat that goes to polls on May 20 in the fifth round of the seven-phase general elections. «He (Sharma) has been associated with Amethi for the last 40 years. He was associated with my father (Rajiv Gandhi) here, he also worked with my mother (Sonia Gandhi) and my elder brother Rahul Gandhi. He has dedicated his entire life to Amethi,» she said while addressing a gathering.

Saif Ali Khan, renowned Bollywood actor and husband of Kareena Kapoor Khan, has recently caught the attention of fans and netizens alike due to a noticeable transformation in his tattoo. The actor, known for his romantic gesture of getting Kareena's name inked on his left forearm in Devnagri script during their early dating days, has now covered up this tattoo with a trident symbol, sparking speculation about the reasons behind this change.

Kapu community voters and anti-incumbency coupled with his personal charisma are what Janasena chief Pawan Klayan hopes to see him through the hustings in the Pithapuram assembly segment, while his opponent, the YSR Congress party's nominee Vanga Geetha, largely depends on her track record to defeat the actor-politician. Pithapuram shot into limelight after the segment was allotted to Janasena as part of seat sharing agreement of NDA and Kalyan, who belongs to the dominant Kapu community of the region, announced his candidature from it. The move forced the ruling YSRCP to field its sitting Kakinada Lok Sabha member Vanga Geetha, who also belongs to the same forward community, to take him on. The seat allocation to Janasena did not go down well with the supporters of former TDP legislator from the segment SVSN Varma and they raised a hue and cry.

Abhay Jain on Monday said some BJP leaders had requested him to withdraw his candidature from Indore Lok Sabha seat in Madhya Pradesh, a claim dismissed by the ruling party as «fictional» and «publicity driven». Incidentally, Jain had contested the 2023 assembly polls from Indore-1 against BJP heavyweight (and eventual winner) Kailash Vijayvargiya and had lost his deposit. Jain is contesting the Lok Sabha poll as an independent since his Janhit Party, an umbrella body of former RSS pracharaks, is yet to get recognition from the Election Commission.

Netflix series Bridgerton, new episode stills from Season 3 have hinted at where Anthony and Kate's story may go next. The photos, released in April 2024, show the happy couple outside the Bridgerton household, greeting Colin as he returns from his travels. Fans have noticed Kate resting her hand against her stomach in the background, leading to speculation that she may be pregnant. This new development could take their storyline in an exciting new direction, allowing them to step back from the limelight and focus on their upcoming parenthood.

NDA challenged by a determined INDIA bloc may be the big story of the ongoing Lok Sabha polls, but in a Bihar seat, the narrative has come to be centred around an Independent candidate. Situated in the state's northeastern corner, Purnea, named after the eponymous district, has been known to literature aficionados as the land where Phanishwar Nath Renu lived and breathed life into famous characters like Hiraman, played on the big screen by Raj Kapoor in 'Teesri Kasam'. In the battle for 2024, the place is hogging the limelight, primarily because of Rajesh Ranjan alias Pappu Yadav, who according to some opinion polls, may turn out to be the dark horse when votes are counted on June 4. This is despite the fact that the NDA candidate is JD(U) MP who is aiming at a hat-trick while the INDIA bloc has thrown its weight behind Bima Bharti, who recently quit Bihar Chief Minister Nitish Kumar's party and was promptly rewarded by arch-rival Lalu Prasad with the RJD ticket.

The full impact of the Reserve Bank of India's (RBI) increase in risk weights on consumer credit for banks and NBFCs, which was announced in November last year, is also likely to be felt this quarter impacting profitability and growth for small-ticket loans for personal consumption.

IPL 2024: Kolkata Knight Riders (KKR) opener Sunil Narine displayed a remarkably composed batting performance against Rajasthan Royals on April 16. Known for his aggressive batting approach, Narine typically goes after every ball he faces. However, in a departure from his usual style, he adopted a mature approach last night and played sensibly without compromising the strike rate.

UPI) are being nudged by digital payments network manager National Payments Corporation of India (NPCI) to invest and incentivise consumers. This is primarily aimed at getting users to transact through these new platforms, in order to reduce the risk from high concentration of transactions on the PhonePe and Google Pay platforms that control around 85% market share, three companies told ET.

Katchatheevu island an election issue ahead of Lok Sabha polls without thinking of its implications on the India-Sri Lanka relations. The decades-old territorial and fishing rights dispute around the Katchatheevu island is in the limelight again with the BJP and the opposition parties engaged in a war of words. Sinha, who had served as India's finance minister, and external affairs minister, said the island falls on the Sri Lankan side of the maritime boundary. «I am extremely dismayed that no other than the prime minister of the country has raised this issue. I am aware of the fact that Katchatheevu was an island which when the maritime, international maritime line was drawn fell on the side of Sri Lanka and therefore went to Sri Lanka.

Digvijaya Singh on Wednesday termed allegations against the Congress over the Katchatheevu island issue as «baseless». The decades-old territorial and fishing rights dispute around the Katchatheevu island is in the limelight ahead of the Lok Sabha elections with the BJP and the opposition engaged in a war of words over the issue. The island is located between Rameswaram in India and Sri Lanka. In 1974, the then central government accepted Katchatheevu as Sri Lankan territory under the «Indo-Sri Lankan Maritime Agreement.»

froth in the broader market seems to have had an impact on mutual fund investors, too, who have started pulling out money from their smallcap investments for the first time after two and a half years. In March, the smallcap category saw an outflow of Rs 94.17 crore. The category saw its last considerable outflow of Rs 248.73 crore in September 2021. In FY24, the category received total inflows of Rs 40,188.56 crore with the highest seen in June 2023 at Rs 5,471.75 crore. During March, smallcap was the only equity category, which witnessed net outflows.

PTI report citing a police officer. ALSO READ: Calcutta HC rebukes Mamata Banerjee government over Sandeshkhali allegations “Saha has grievous injuries in his head and his condition is very critical at the moment," PTI quoted the police officer as saying. Two other cops, present in the camp, were also beaten up but their injuries were not serious, according to the report.

DMK leader and Thoothukudi MP candidate Kanimozhi Karunanidhi said on Monday that the Dravida Munnetra Kazhagam party is not silent on the Katchatheevu island row, alleging that the BJP-led ruling government is raising issues for the election campaign and not for the people's welfare. «DMK is not silent on this issue. We raised this issue many times but PM Modi and the BJP government never replied. Speaking about Katchatheevu is just for election campaigning, not for people's welfare,» she said. DMK Deputy General Secretary Kanimozhi on Monday campaigned for South Chennai DMK candidate Sumathi, alias Tamilachi Thangapandiyan, in Tiruvanmayur.

Abhishek Basumallick, Founder & Chief Equity Advisor, Intelsense Capital, points to two sectors which have not been in the public limelight, chemicals and insurance. “While I am pretty bullish on insurance, chemicals sector is getting to the stage where we are probably seeing bottoming out in the businesses and things could turn around in the next 12 months,” says Basumallick. He also points out that IT and banking may also see a turnaround but that will take longer. Let’s discuss the market momentum right now and it is clearly favouring the small and midcaps. What do you make of the way forward because on one hand, there is always the challenge that it is probably getting towards the frothy zone as the valuations are expensive in smallcap and midcap, but the market mood is such that they clearly want to buy more of that? Abhishek Basumallick: The point that you are making is very true as there is uncertainty in the minds of investors. But personally, I think that small and midcaps could be headed for a pre-election rally and it is going to be very interesting to see how the largecaps behave, but the next couple of months should be very interesting for the mid and smallcaps.

Limelight Lab Grown Diamonds has received a strategic investment of US$1 million from two leading retail jewellery chains. The newly raised capital comes in the form of a strategic alliance that will enable Limelight to open new stores and boost its brand presence in the country. Before this, the company had secured an investment from the Emerald Group, Asia's largest jewellery manufacturer, as part of a strategic tie-up to establish Limelight as a one-of-a-kind vertically integrated brand to jointly manufacture, sell and distribute LGD studded jewellery in India and worldwide. The current investment plays a similar role in the company's strategic play to enable faster and more robust growth in the brand's store expansion in the country. At present, the company has 10 stores. It also has 40 plus shop-in-shops spread across 25 cities including Mumbai, Delhi, Jaipur, Varanasi, Hyderabad, Bangalore, Chennai, Kolkata and others. Madhavan said «We have received good response and support for LGD jewellery from customers across the country. It has also reflected in our sales and has given us the confidence to scale at a faster pace. With the Government’s impetus and focus on this sunrise sector, the investment further propels us towards achieving the goal of scaling our presence in India as well as globally.»

The Bachelor Finale is done and the reality show's Season 28 comes to an end. Joey Graziadei grabbed all the limelight during «The Bachelor» season 28 as the lead man decided to propose Kelsey Anderson for marriage. 25-year-old Anderson is junior project manager and she is based in New Orleans, Louisiana. 28-year-old Graziadei is reportedly «teaching tennis pro».

Investing.com --  After Federal Reserve chairman Jerome Powell's dovish remarks this week gave the greenlight for bets on more rate cuts, the Fed's chief fellow colleagues are set to hog the limelight and could likely strike a hawkish tone to send Treasury yields on the up and up.