Remark Financial News

Lok Sabha Speaker Elections: For the first time in Lok Sabha history, an election for the Speaker's post will take place on Wednesday. The BJP's ruling NDA government and the Congress-led INDIA opposition could not reach a consensus, leading to this unprecedented scenario.

Tom Hanks and Robin Wright have undergone a remarkable transformation in their latest project, «Here,» directed by Robert Zemeckis. The film, co-written by Zemeckis and Eric Roth, marks a reunion for the actors and director, known for their work on «Forrest Gump.»

'The Claman Countdown' panelists Kate Moore and Joseph LaVorgna predict the Federal Reserve's interest rate moves and the yield curve's normalization.

Federal Reserve Governor Michelle Bowman said she sees a number of upside risks to the inflation outlook, and reiterated the need to keep borrowing costs elevated for some time. 

Kiren Rijiju on Tuesday urged the Congress not to force a contest for the post of Lok Sabha Speaker as the presiding officer does not belong to any party. Rijiju's remarks came after Congress leader Kodikunnil Suresh filed the nomination for the post of Lok Sabha Speaker against the NDA nominee Om Birla, forcing a rare election to the post after 48 years. «I appeal again that they should think about keeping in mind the dignity of the post of Speaker. We have the numbers but still, we are requesting that there should be no election for the post of Speaker because this post does not belong to any party,» the Parliamentary Affairs Minister said. He said the government had contacted major opposition parties over the last two days for consensus on the post of the Speaker.

Garden Reach Shipbuilders (GRSE) enjoyed another bullish day as the PSU's stock surged 18% to reach a new all-time high of ₹2,065 apiece during today's intraday trade, before closing the session with a 11% gain at ₹1,946.Today's rally pushed the stock's gains to multibagger returns of 123% in CY24 so far. This remarkable rally builds on the stock's steady gains over the last three years, ending CY23 with an 80% increase.

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Multibagger stock: MosChip Technologies' share price has experienced a remarkable surge over the past month. This IT stock has catapulted from approximately ₹136 to ₹295 per share, delivering a staggering 115 percent return to its positional shareholders.

Tamil Nadu Minister Udayanidhi Stalin was granted bail on Tuesday by a city court for his 'eradicate Sanatana Dharma' remark. The DMK leader appeared before the 42nd Additional Chief Metropolitan Magistrate following a notice to him based on a petition by social activist Paramesh for his remark. Udayanidhi Stalin, who holds sports and youth affairs portfolio, got the bail with a surety of Rs one lakh. The case has been posted to August 8.

Air Chief Marshal VR Chaudhari on Tuesday emphasised the critical need for India to invest in the modernisation of its armed forces amidst evolving security challenges. He was addressing the Capstone Seminar organised jointly by the Indian Air Force, the College of Air Warfare, and the Centre for Air Power Studies. Air Chief Marshal Chaudhari also underscored India's strategic culture and its relevance in facing current security challenges.

Multibagger stocks are highly sought after by investors — both retail and market veterans — due to their potential to generate substantial wealth in a relatively short period of time. ETMarkets analyzed the performance of various stocks and discovered that approximately 15 companies have surged by at least 5,000% over the last three years. This remarkable growth means that an investment of Rs 1 lakh in these companies three years ago would now be worth at least Rs 50 lakh.

Kate Middleton in the sixth and final season of Netflix's "The Crown," actress Meg Bellamy, 21, has been the target of online bullying because of her weight. During an interview with 'Mail' on Sunday's 'You' magazine, Bellamy disclosed that she was subjected to body shaming and bullying on social media, with some even stating she was «too fat to play Kate.» When she checked her phone, she claimed to have received a lot of remarks criticizing her appearance, as per the reports of the New York Post. Negative comments

ETFs now constitute close to 13% of the total Mutual Fund Industry AUM indicating the remarkable adoption of ETFs by retail investors in India, according to a study by Zerodha Fund House. The study reveals that the substantial share of Rs 6.95 lakh crore out of the total Rs 53.40 lakh crore signifies a shift towards more investors choosing ETFs as a preferred mode of investment.

micro and small business units, marginal farmers and self-help group members still suffer from unavailability of institutional credit, while grassroot customers do not get comprehensive financial services, Reserve Bank of India said. «Deepening financial inclusion is not merely about increasing the number of bank accounts but about ensuring that every individual has access to a comprehensive range of financial services tailored to their needs. This includes savings, credit, insurance and investment products that can enhance their economic well-being,» the deputy governor said on June 19 at the Conference of Convenors of State Level Bankers’ Committees, held at College of Agricultural Banking in Pune. RBI shared a copy of his speech Monday.

Congress said Monday Prime Minister Narendra Modi had nothing new to offer in his remarks ahead of the start of the 18th Lok Sabha and «as usual resorted to diversion» and that he has forgotten that the last 10 years of "undeclared emergency" was ended by the people. Congress president Mallikarjun Kharge said Prime Minister Modi made a longer than usual customary address «but clearly, even after the moral and political defeat, the arrogance remains». Kharge said the nation was hoping that Modi would say something on important issues. «Narendra Modi ji, you are giving advice to the Opposition. You are reminding us of the 50-year-old Emergency, but have forgotten the last 10 years of Undeclared Emergency, which was ended by the people,» he said in a post on 'X'.

Jairam Ramesh has hit back at Prime Minister Narendra Modi's remarks against the Opposition in Parliament over , calling for “slogans and drama".Responding on social media site X (formerly known as Twitter), Ramesh took a jibe at Modi's claims of being “non-biological"“The non-biological PM is telling the Opposition: substance, not slogans. INDIA is telling him: consensus, not confrontation," Ramesh wrote.“The non-biological PM is telling the Opposition: discussion, not disruption.

Sony Pictures Networks India (SPNI) has appointed Gaurav Banerjee as the new Managing Director and Chief Executive Officer (CEO), effective on or before August 26, 2024, pending regulatory approvals. Banerjee, who is currently the head of content for Hindi entertainment and Disney+ Hotstar at Star India, will succeed NP Singh, who has led SPNI for the last 10 years as MD and CEO. «I am deeply honoured to take on the role of MD and CEO at SPNI. Under N.P. Singh's remarkable leadership, SPNI has achieved tremendous success and innovation in the entertainment industry. I am excited to lead talented teams as we explore new frontiers in original programming, enhance our viewers' experiences, drive our distribution footprint across India, and significantly boost our revenues. Together, we will set new benchmarks in entertainment and deliver exceptional value to our audiences and stakeholders,» said Banerjee.

Copa America 2024 favourites along with Argentina, Brazil is beginning their campaign against Costa Rica in Group D game. The record five-time World Cup winners from South America will look to go one step forward than previous edition where they lost to Lionel Messi's team in the final. Brazil and Costa Rica's soccer game is scheduled to kick off at 9 pm (ET)/6 pm (PT) on Monday, June 24, 2024 in Los Angeles. The football game between Brazil and Costa Rica will be live streamed on fuboTV which offers free trial.

Amazon is preparing a major revamp for its Alexa service. The new version will contain a more sophisticated AI that can have conversations, according to people with knowledge of the company's plans. According to Reuters, there will be two service tiers, with Amazon considering charging $5 a month for the upgraded version.

Reform UK's top leader Nigel Farage, in an interview with BBC, had claimed that the West had somehow 'provoked' Vladimir Putin to go into war against the Ukraine, a statement that has received severe criticism from leaders like Rishi Sunak and Keir Starmer, says an Evening Standard report.

Nigel Farage, the leader of Britain's right-wing Reform UK party, said the eastward of expansion of the European Union and NATO had provoked Russian President Vladimir Putin's invasion of Ukraine. The remarks, made in an interview with the BBC aired late on Friday, drew strong criticism across the British political spectrum ahead of a July 4 election in which Farage's party is predicted to win millions of votes.