Reports Financial News
17.01 / 07:25
17.01 / 07:17
UPS
security
economy
Align
reports
Chart Beat: Global fund managers are increasingly betting on soft landing
Investor confidence is on the rise, buoyed by expectations of interest rate cuts by the US Federal Reserve in 2024, which has eased concerns about a severe global economic downturn. The latest survey by BofA Securities reveals a significant shift in sentiment: 79% of investors now foresee either a 'soft' or 'no' landing for the global economy in 2024, marking a nine-month peak in optimism.
17.01 / 07:05
Citi
Parke
reports
Schools
New York City breaks 700-day snow drought as climate change alters weather patterns
New York City, after an unprecedented 700-day hiatus, saw its first measurable snowfall on January 16, ending a historic period without substantial snow. Central Park, a significant location in the city, reported a layer of snow, breaking the previous record of 400 days without considerable snowfall set in 1998, according to The New York Times. This exceptional absence of snow began after Central Park recorded 1.6 inches of snow on February 13, 2022. The National Weather Service confirmed an inch of snowfall at Central Park since midnight, with a total of 1.4 inches since the storm's onset on Monday.
17.01 / 07:00
Election
country
reports
Courts
politician
Pakistan elections to be delayed? Elections Commission flags order for changing party symbols
Pakistan has said that if orders keep coming to change party symbols ahead of the crucial general assembly elections, the poll body would have to postpone the elections. General elections are scheduled to be held in Pakistan on 8 February 2024 to elect the members of the 16th National Assembly.
17.01 / 07:00
markets
Citi
Remark
show
performer
2020
reports
stake
Chennai Petroleum: FIIs raise stake in this multibagger stock to all-time high of 14.7%
Chennai Petroleum, a government-owned refinery company, saw its foreign institutional investor (FII) holdings reach an all-time high of 14.7% in the December quarter (Q3 FY24). In the same quarter of the previous fiscal year, FIIs owned a 4.7% stake in the company. FIIs have been increasing their stake in the firm steadily, but the majority of the increase happened in the most recent quarter.
17.01 / 06:51
17.01 / 06:51
COST
UPS
Manufacturing
Trade
show
reports
Traffic
Freighters seek air cargo back-up amid Red Sea shipping crisis
Red Sea shipping force them to find alternate routes, logistics firms say, a potential boon for a sector dealing with muted post-pandemic demand and overcapacity. The Red Sea, which leads to the Suez canal, lies on the key east-west trade route from Asia's manufacturing hubs to Europe and onto the east coast of the Americas. About 12% of world shipping traffic accesses the Suez Canal via its waters.
17.01 / 06:27
UPS
Digital
CEO
Research
reports
Schools
Accenture, TCS, Infosys rise in brand value among IT firms, Wipro dips
Accenture, Tata Consultancy Services (TCS) and Infosys continued to boost their brand value despite tepid growth environment and the disruption owing to newer technologies. The three IT giants topped the charts of IT brands according to the Brand Finance 2024 report.
17.01 / 06:27
17.01 / 06:27
Target
Action
country
reports
International
Iran Air Strikes in Pakistan: Why Iran attacked Pakistan, how it will affect the region and the world?
Iran's Revolutionary Guard conducted a bold attack on militant bases in Pakistan's Balochistan province on Tuesday, escalating tensions in an already volatile region. The attack, which involved missiles and drones, targeted the Sunni militant group Jaish al-Adl.
17.01 / 06:27
17.01 / 06:27
wellness
trends
Trade
Experts
reports
Shree Cements shares drop 1.33% as Sensex falls
Shree Cements Ltd. traded 1.33 per cent lower in Wednesday's session at 11:33AM (IST). The stock opened at Rs 27096.35 and has touched an intraday high and low of Rs 27096.35 and Rs 26590.8, respectively, during the session so far.
17.01 / 05:44
COST
UPS
BTC
Strategy
Bitcoin
reports
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
It has been revealed that Bitfarms, a Bitcoin mining company that is vertically integrated and works on a global scale, has released its financial report for the month of December 2023. During the course of this month, the company produced 446 BTC, which is a generation that is 13.8% more than the output that was produced in November. This jump was attributed to strong uptime and a significant increase in transaction costs, despite the fact that there was an increase in the number of problems with the network. There was a correlation between the spike and both of these elements.
17.01 / 05:44
ETH
Platform
wellness
trends
Trade
reports
surges
DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion
The total value locked (TVL) in global decentralized finance (DeFi) has undergone a huge boost, hitting $55.365 billion with the help of a stunning spike that occurred over the course of twenty-four hours. The increased interest and trust in decentralized finance platforms and technology is reflected in this expansion, which is part of a larger trend.
17.01 / 05:41
Blockchain
FIVE
Tether
USDT
Action
security
reports
Here is Why Tether Blacklisted Five TRON Addresses
Tether, a leading stablecoin issuer, has recently blacklisted five new addresses on the TRON blockchain. This action, reported by ChainArgos, highlights the ongoing scrutiny and proactive measures taken by Tether to maintain the integrity and security of its network.
17.01 / 05:39
UPS
Waves
Divinity
Celebrity
reports
Schools
Schools closed on January 22 in honour of Ram Temple Pran Prathishtha Ceremony. Check full list here
Also Read | Noida, Greater Noida schools shut till January 14 up to Class 8 due to cold wave The main rituals of the Pran Pratistha, led by a team of priests headed by Lakshmikant Dixit, will take place on January 22. A notable highlight is the presentation of revered Ram Raj soil from the temple, serving as a memento for guests. This sacred gift, symbolizing divine grace, can enhance the spiritual ambiance in home gardens or flower pots.
17.01 / 05:31
markets
UPS
Trade
show
electronic
reports
BEL shares down 0.1% as Nifty drops
Bharat Electronics Ltd. traded 0.1 per cent down in Wednesday's trade at 10:51AM (IST). Around 198,497 shares changed hands on the counter.
17.01 / 05:31
17.01 / 05:31
Trade
Experts
show
reports
Crompton Greaves shares down 0.45% as Nifty falls
Crompton Greaves Consumer Electricals Ltd. rose 0.45 per cent to Rs 318.9 in Wednesday's trade. It hit an intraday high of Rs 321.4 and low of Rs 313.55, respectively, during the day.
17.01 / 05:29
COST
Provident
security
band
cover
reports
testing
L&T Technology Services: Too bold to handle?
Winter for the general engineering R&D (ER&D) space is over and spring may be around the corner, said the management of L&T Technology Services (LTTS) in its Q3FY24 earnings call. This optimistic outlook, the company believes, is not limited to LTTS but extends to the broader industry. A bold statement, despite prevailing global economic uncertainties and a cautious stance from top-tier IT companies regarding near-term demand.
17.01 / 05:29
Provident
Election
President
country
reports
evacuation
India-Maldives row: In Indian troop withdrawal talks, what significance 15 March holds for President Muizzu?
Muizzu has asked India to withdraw their troops from the tourist island before 15 March. The troops, which India says provide help with humanitarian aid and medical evacuations for the residents of the remote islands of the country, have become a point of contention between India and Maldives, since President Muizzu, also known to be pro-China, assumed the seat of governance. However, reports suggest that the specific deadline to withdraw Indian troops from Maldives had more to do with a certain upcoming election, which holds significance for Muizzu's People's National Congress (PNC).
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