Remark Financial News

Sikh individual was assaulted and injured while wearing a turban on a bus in New York, according to the police. The incident occurred on a shuttle bus in Queens on Sunday, as reported by CBS News channel.

By Girish Linganna

midcap stocks achieved historic milestones by reaching new all-time highs on October 17. These remarkable performances highlight the strength and growth potential of these companies, offering investors a diverse range of opportunities in both the large and midcap segments. The data was sourced from StockEdge at 1:15 p.m., and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

Multibagger stock: Shares of Jagatjit Industries Ltd have been in uptrend since March 2023. The BSE listed stock bottomed out at around ₹90 and went on to hit ₹150 apiece levels during morning deals on Tuesday. It is one of the multibagger stocks that Indian stock market has delivered in last few years.

cricket is set to make a remarkable comeback to the Olympic Games after a hiatus of 128 years. The International Olympic Committee (IOC) confirmed on Monday that cricket, along with sports like baseball/softball, lacrosse, squash, and flag football, will be featured in the 2028 Los Angeles Olympics. During the IOC's 141st session, the iconic status of star Indian batter Virat Kohli was evident as his name was mentioned in connection with the decision to include cricket in the Olympics.

₹2,337 apiece. This remarkable upswing was attributed to the company's impressive performance in the September quarter, which exceeded market expectations. The company released its Q2FY24 number post-market hours on Monday, with its consolidated net profit growing by 3125% YoY to ₹207 crore in Q2FY24 as compared to a net profit of ₹6.4 crore in the corresponding quarter of the last fiscal year.

Hamas leader said on Monday the group «has what it needs» to free all Palestinians in Israel's jails, indicating the militant group may try to use the Israelis it kidnapped as bargaining chips to secure the release of Palestinian prisoners. Soon after Hamas official Khaled Meshaal made the remarks on the captives, who include Israelis and non-Israelis kidnapped by Hamas on Oct. 7, the group's armed wing separately said the non-Israelis were «guests» who would be released «when circumstances allow». Gunmen from Hamas took scores of hostages after rampaging through southern Israeli communities and military bases, killing over 1,300 people.

S Jaishankar on Monday said that cooperation in the Indo-Pacific region is in the shared interests of India and Vietnam as he underlined the significance of Asean centrality and highlighted the contribution of the Quad. Jaishankar, who arrived in Vietnam on Sunday on a four-day official visit, made the remarks during his address to the Diplomatic Academy of Vietnam on “India in the Indo-Pacific”. “Discussed why cooperating in the Indo-Pacific construct is in our shared interests. Underlined the significance of Asean centrality and highlighted the contribution of the Quad,” the minister posted on ‘X’. “Brought out how India and Vietnam, with their independent mindset, can promote a multipolar and rules-based global order,” he added. Jaishankar met his Vietnamese counterpart Bui Thanh Son and discussed ways to boost cooperation in areas like trade, energy, defence and maritime security while also sharing perspectives on Indo-Pacific as both India and Vietnam remain wary of China’s territorial encroachments in their respective regions. “Concluded a productive meeting of the 18th India-Vietnam Joint Commission today in Hanoi.

Allahabad high court has acquitted prime accused in the Nithari serial rape and murder case, Surinder Koli, and co-accused Maninder Singh Pandher in a clutch of cases. Both were awarded death penalty by a CBI court. Koli was acquitted in 12 cases in which he was handed death sentence. Pandher was acquitted in two cases where he was sentenced to death.

Iran on Monday said time was running short to reach a political solution in the Israel-Gaza conflict, warning of the «possibility of expanding the scope of war and conflict to other fronts». Israel declared war on the Palestinian Islamist group Hamas a day after waves of its fighters broke through Gaza's heavily militarised border with Israel on October 7 and shot, stabbed and burned to death over 1,400 people, most of them civilians. Israel has responded by pummelling the Gaza Strip with non-stop air and artillery strikes that have flattened neighbourhoods and killed at least 2,750 people in Gaza, mostly civilians. Iran celebrated the Hamas assault but insisted it was not involved. Iranian President Ebrahim Raisi on Monday held phone calls with his Russian and Turkish counterparts, during which he «warned against the continuation of crimes by the Zionist regime», the president's political deputy, Mohammad Jamshidi, said on X, formerly Twitter. During his phone call with Russian President Vladimir Putin, Raisi warned of a «possibility of expanding the scope of war and conflict to other fronts». «If this happens, it will be more difficult to control the situation,» Raisi said, according to state news agency IRNA. Iran's Foreign Minister Hossein Amir-Abdollahian meanwhile «stressed that time is running out for political solutions» to the conflict, according to a post on X. He added that he told his counterparts in Malaysia, Pakistan and Tunisia that the «probable spread of war to other fronts is approaching an inevitable stage». His remarks come as Israel readies for a land invasion into the long-blockaded Gaza Strip, where fears for Palestinians trapped in the heavily-bombarded enclave have grown since Israel

New Delhi (India), October 16: In recent times, India has emerged as a dominant force in the world economy, claiming its rightful position at the helm of the Global South. With its economy burgeoning at a staggering speed, and surrounded by giants like China and Russia, India is surpassing economies globally and, more specifically, in South Asia, with impressive momentum. Financial expert, and the founder of Shree Consultants, Mr Kishore Subramanian validates this claim with a range of reasonings listed below: Remarkable Economic Growth: India's economic trajectory has witnessed a blazing speed with a 7% GDP growth and a nominal GDP of more than 14%.

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Amazon Sale 2023 boasts a diverse selection of projectors, catering to various needs and preferences. From compact and portable projectors ideal for outdoor movie nights to high-end models that deliver a 4K UHD experience, there's something for everyone. Plus, with additional perks like fast shipping, easy returns, and reliable customer support, Amazon ensures a hassle-free shopping experience.

Shreyash Devalkar, Head of Equity at Axis Mutual Fund is positive on India’s long-term story even as he believes elevated US treasury yields and the impending slowdown globally could weigh on Indian equities in the short to medium term. In an interview with Mint, Devalkar shares his views on markets and his expectations from Q2FY24 earnings. Indian equities have seen remarkable performance compared to global major indices.

Supreme Court on Monday agreed to hear a plea by Congress leader Pawan Khera challenging the Allahabad High Court's refusal to quash criminal proceedings against him for allegedly making objectionable remarks against Prime Minister Narendra Modi. A bench of Justices B R Gavai and Prashant Kumar Mishra sought responses, including from the state of Uttar Pradesh, on Khera's plea challenging the August 17 order of the high court. «Issue notice,» the bench said.

Texmaco Rail & Engineering rallied 11.69 % in Monday's early trade to 148.95 apiece, driven by the company's healthy performance in the quarter ending in September. At 10:15 AM, the stock was trading with a gain of 6.6% at ₹142.20. During Q2FY24, the company reported a consolidated net profit of ₹25 crore, marking a 66% increase compared to the net profit of ₹15 crore recorded in the same period last year.

fund manager focuses on a stock’s inherent value rather than its market price. While speculations persist regarding Seth Klarman's net worth, the size of his fund, and the secrets behind his remarkable performance since assuming leadership at the Baupost Group, what truly holds significance is his enduring success. Irrespective of market conditions – whether it be a bear market, a bull market, or the turbulence of bubbles and abrupt downturns – Klarman has navigated them all, skillfully steering them in his favour through his steadfast long-term investment approach.

UPI has spread its pangs in semi-urban as well as rural India slowly and steadily displacing traditional cash transactions. There is no better validation of this change than the remarkable surge in UPI transactions from a mere 1.8 crore in FY 2016-17 to a staggering 8,375 crore in FY 2022-23.

Ozempic, the wonder drug used to treat diabetes that has become a global phenomenon as a weight-loss treatment, is challenging the blue-chip status of some of the ASX’s best known companies as short sellers bet the blockbuster drug and its equivalents will wreak further havoc on market valuations.

Hamas in Gaza will have an impact on the budget but it will be manageable since the country entered the conflict with a very solid fiscal position, Bank of Israel Governor Amir Yaron said on Sunday. In a speech to a G30 panel, Yaron said it was difficult at this time to put exact numbers on how the budget may be affected by the conflict. «But there is no doubt this war will have fiscal implications that will depend on its intensity and duration,» he said in published remarks.

As the year-end bull market looms, Dogecoin (DOGE) showcases a remarkable rally, surging by 4% and reigniting speculations of a potential leap to the $1 mark.