Limelight Financial News

exporters of sugar in the world. Despite this, the Indian sugar industry is battling several challenges. The yield of sugarcane in India is very low compared to other major exporters.

Indian diamond houses, which cut and polish nine out of 10 stones, told banks last week that the next four months would be crucial. The trade that suffered a 30% drop in prices of natural stones and dealt with over 50% slide in lab-grown diamond (LGD) prices in the past one year, is in touch with global mining giants like DeBeers for marketing assistance after putting a temporary ban on imports. With China, the second-largest market refusing to pick up, the trade is betting on Diwali, US Thanksgiving (November 23), Christmas and finally Valentine’s Day to push out the unsold gems. A lurking concern among the traditional diamantaires is that while the supply of mined diamonds has slowed following the import ban, there is no control over LGD prices as anyone having the money can set up LGD factories. But LGD players say the prices have stabilised with 2 out of 11 players globally going bankrupt. “We met senior bankers on Friday.

Mint. The complaint has also been marked to several senior officials of the civil aviation ministry and DGCA including the civil aviation minister as well as the aviation secretary.

Qatar Court on Thursday announced death sentence for eight Indian Navy personnel who had been arrested in August last year on charges of spying on a submarine program on behalf of Israel. The verdict has been termed 'deeply' shocking by the Indian government. The Indian nationals, all employees of Al Dahra company, were taken into custody in August last year in an alleged case of espionage.

₹1 crore, following which he filed a complaint at the Gurugram Police station. Elvish Yadav said he received a call from an unknown caller demanding ₹1 crore.

Rebecca Loos has made a comeback, shedding new light on her alleged affair with football icon David Beckham, reviving a scandal that captured headlines back in 2004. This affair, concealed in secrecy and speculation for years, has once again taken the spotlight thanks to an intriguing Netflix documentary. Nearly two decades ago, this scandalous affair became a household name when Loos boldly came forward in 2004, disclosing her involvement with the then-Real Madrid player behind his wife Victoria Beckham's back. Now, with the release of Beckham's documentary, the affair has been brought back into the limelight.

ApeCoin (APE) has fallen -6% in the latest rejection move from the 20DMA, but as price finds lower support - will APE bounce back? Or is ApeCoin going to zero?

Kharsia assembly seat has stood out as an impregnable Congress fortress. Despite 11 elections, including a bypoll, the BJP is yet to breach it. The constituency in Raigarh district, before Chhattisgarh was carved out of MP, had hogged the limelight in 1988 when Congress stalwart and former Madhya Pradesh chief minister Arjun Singh successfully contested the by-election from here.

Sectorally, buying was seen in auto, consumer durables, and FMCG stocks while metal, energy, oil & gas and power stocks saw some selling pressure. Stocks that were in focus on Thursday include names like Bajaj Auto, which was up more than 6% to hit a fresh all-time high; NBCC India, which gained more than 9%, and Nestle India which rose more than 3%. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Vivek Mashrani CFA, Director at Technofunda Ventures Private Limited Bajaj Auto Bajaj Auto hit a new all-time high and is trading in an uptrend. It is a good buy from a medium-term perspective as long as the trend is intact. Fundamentally, the company has been in the limelight with its excellent quarterly result with its quarterly EBITDA surpassing Rs 2,000-crore milestone for the first time. The September quarter profit increased by 20% on a YoY basis.

Google 'cheat code' is revolutionizing the way we snag incredible flight deals to holiday hotspots around the globe. This clever hack, previously tucked away as a closely guarded secret, is now stepping into the limelight, offering travelers the keys to discover affordable flights to destinations like Spain, Turkey, Greece, Portugal, France, the USA, and beyond.

Moninder Singh Pandher has also been acquitted by the Court in two cases in which he was sentenced to death by the trial court. The Allahabad HC cited lack of evidence for their judgement. Surinder Koli and Moninder Singh Pandher had been sentenced to death on charges of rape and murder.

Writers Guild of America strike. With the nation abuzz over the apparent camaraderie between singer Taylor Swift and Kansas City Chiefs' star Travis Kelce, the show's first sketch didn't hesitate to delve into the juicy gossip. In a clever parody of the «Fox NFL Sunday,» the «SNL» cast took on the roles of renowned sports commentators, each secretly revealing their inner «Swiftie» as they dissected the possible romance between Swift and Kelce.

Thane: The people of Maharashtra are wise and will give a thumping majority to Prime Minister Narendra Modi in the 2024 Lok Sabha polls, Chief Minister Eknath Shinde said on Sunday. Speaking to reporters after pulling the chariot of goddess Durga on the first day on Navratri, he said the opposition criticises Modi just to remain in the limelight and be noticed.

Netflix and Shonda Rhimes' Shondaland have acquired the documentary "Black Barbie," directed by Lagueria Davis and produced by Aaliyah Williams. The documentary focuses on Mattel's introduction of a Black doll to its Barbie collection and the women behind it. The documentary, titled «Black Barbie,» highlights the significant impact of three Black women at Mattel on the evolution of the Barbie brand. It delves into the creation of the first Black Barbie in 1980, emphasizing the importance of representation and the role of dolls in shaping identity and imagination. Executive producers for the documentary include Shonda Rhimes, Betsy Beers, Grace Lay, Sumalee Montano, Camilla Hall, Milan Chakraborty and Jyoti Sarda. The deal for the documentary was handled by Josh Braun and Matthew Burke of Submarine. The acquisition of «Black Barbie» by Netflix and Shondaland has come at a time when the Barbie brand is in the limelight. This is due to the success of Greta Gerwig's «Barbie» movie, which featured Margot Robbie and Ryan Gosling. The film has become the highest-grossing release of the year. It surpassed $1.4 billion in box office earnings.

The global minimum tax is arguably the most important topic in the much talked-about international tax reform, with implications for both developed and developing countries. While taxing the digital economy has taken the limelight in the headlines, the global minimum tax has the potential to have a significant impact, especially on developing nations.

Sectorally, buying was seen in capital goods, IT, consumer durables, auto, and bank stocks while power, utilities, healthcare, and telecom stocks witnessed selling pressure. Stocks that were in focus on Thursday include names like Kaynes Technology (up more than 4%), Syrma SGS (rose more than 6%), and Cromandel International (that closed with gains of nearly 2%). Kaynes Technology and Syrma SGS rose over 40% in the last 3 months while Coromandel International also recorded gains of more than 20% in the same time period. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to a analyst Vivek Mashrani on how one should look at these stocks the next trading day entirely from an educational point of view. Here’s what the CFA and Director at Technofunda Ventures Private Limited had to say: Kaynes Technology Kaynes Technology has been forming continuous higher highs with excellent uptrend.

Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research, says “it does seem that over the next many weeks, maybe even many months, the Nifty just broadly stays in a range and digests the news flow around elections and oil and global markets whereas stocks and sectors continue to do well. There will be pockets that will stand out like auto ancillary, sugar, infrastructure, power. There will be pockets that will stand out like unlock trade, hotel stocks. So concentrate on these pockets and not on the typical usual top 50-100 names.” The entire engine or the propeller of this market are banks. But banks have not participated. Now, the technical theory is that the weakest sector would always lead the decline. Banking, which was supposed to be the strongest outperforming sector for 2020, has turned out to be the weakest sector. Could it be that the banks surprisingly could actually lead the decline because technically, that is a setup? The writing is on the wall, banks will lead the market down.

ApeCoin (APE) has tumbled -8% after rejecting from upper-trendline resistance, marking the latest drop in a 9-month cascade - terrified bag-holders are now asking: Is ApeCoin going to zero?

returns. An analysis of the performance of stocks with a market capitalization of over Rs 1,000 crore showed that there were five such stocks which gave double-digit returns in each of the last six months and even turned multibaggers in H1FY24. These five superstars of FY24 belong to the midcap and smallcap segments that outperformed the benchmark by a wide margin in the last six months.

Jawan, has proven yet again why he is often termed the "King of the Box Office". The film's commercial performance has been nothing short of staggering, amassing a colossal sum of ₹562.13 crore in India itself thus far. The movie got off to a thundering start, raking in ₹75 crore on its opening day, which fell on Janmashtami 2023, a Thursday.

₹68,000 crore for education in just Canada itself. While the firestorm between Ottawa and New Delhi emerged owing to contradicting approach to extremists of a particular religion, it seems followers of the same have contributed to the large influx of immigrant student pool in the North American country.