Reports Financial News
16.01 / 10:13
markets
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Tesla gets a $94-billion reality check as EV winter sets in
Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months, but 2024 is starting on a different note, with Elon Musk’s electric-vehicle maker off to its worst start to any year — ever.
16.01 / 10:01
Action
economy
Research
President
tenor
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Headlines
China weighs more stimulus, considers $139 billion of debt issuance under special bonds
Also Read: China may be losing its sway over Taiwanese business The deliberations underscore efforts by President Xi Jinping’s government to shift spending responsibility from debt-laden local officials to central authorities in support of an economy that is struggling to maintain momentum. Rigid deflationary pressures, the ongoing property crisis and weak domestic demand are all weighing on activity and suppressing confidence, prompting calls among economists and investors for further stimulus.
16.01 / 10:01
Justice
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Department
prevention
Courts
Investigations
Skill Development scam: Setback for Chandrababu Naidu as SC delivers split verdict on Corruption Act
Bar and Bench reported. The bench has now referred the matter to the Chief Justice of India (CJI). The plea filed by Chandrababu Naidu had challenged the high court order refusing to quash the FIR against the Telugu Desam Party (TDP) chief by the Crime Investigation Department (CID) in the Skill Development Corporation scam case.
16.01 / 10:01
Death
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2020
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'I dare Modi...': Khalistani terrorist Gurpatwant Singh Pannun issues fresh threats ahead of Republic Day 2024
India Today. ALSO READ: Justin Trudeau sees ‘shift’ in Canada-India ties after Pannun murder allegations: ‘Attacks aren’t going to…' Apart from this, several photos pro-Khalistani graffiti reportedly painted across New Delhi threatening to 'avenge' the death of Khalistani terrorist Hardeep Singh Nijjar surfaced on social media. Earlier on June 2023, Nijjar was killed outside a Gurdwara in Canada's Surrey. According to details, Pannun has been actively exhorting gangsters and young people over social media to stand for Khalistan.
16.01 / 09:51
UPS
Progressive
Extreme
CEO
economy
country
reports
86% of CEOs believe India's economic growth will improve over the next 12 months: PwC’s Annual Global CEO Survey
global CEOs, marking a notable jump from its previous ranking of ninth place in 2023, according to PwC’s 27th Annual Global CEO Survey, which polled 4,702 CEOs in 105 countries and territories, including 79 from India. As per the study, 70% of CEOs in India express high confidence in their company's potential for revenue growth in the coming three years. Furthermore, an overwhelming 86% of these CEOs believe that the Indian economy will witness improvement in the next 12 months.
16.01 / 09:07
16.01 / 08:48
COST
Digital
CEO
Platform
Bill
reports
Vodafone, Microsoft forge $1.5 billion decade-long partnership to boost AI, IoT sector
Vodafone Group Plc and Microsoft Corp. entered a ten-year agreement, involving a $1.5 billion investment, to advance various business sectors, including artificial intelligence, digital payments, and the Internet of Things, on January 16.
16.01 / 08:41
markets
Provident
ETF
Research
Bitcoin
show
reports
Matrixport: Bitcoin to Hit $50,000 with Imminent Spot ETF Approval
According to the most recent research conducted by Matrixport, the approval of a Bitcoin Spot ETF is expected to occur very soon, which would result in a significant increase in the price of Bitcoin to $50,000. A consolidation that occurred between the middle and the end of December is the basis for this optimistic projection, which was issued on January 2, 2024. It is supported by a number of important reasons, including the possibility of institutional investment and a change in market attitude.
16.01 / 08:39
markets
UPS
Booking
WhatsApp
Experts
reports
Federal Bank Q3 Results: Lender reports highest-ever standalone PAT at Rs 1,007 crore, up 25% YoY
Federal Bank on Tuesday reported its highest-ever standalone net profit at Rs 1,007 crore for the quarter ended December, up 25% from Rs 804 crore reported by the private lender in the year-ago period. Sequentially it was up 5.5% versus Rs 954 crore reported in Q2FY24. The private lender also reported its highest-ever net interest income (NII) at Rs 2,123 crore.
16.01 / 08:35
markets
Provident
Analysis
Latin
reports
prevention
Credit data firm Experian's revenue rises on resilient demand
(Reuters) -Credit data firm Experian (OTC:EXPGF) posted a 9% rise in third-quarter revenue on Tuesday, powered by strong demand for its new products and business wins, especially in the Latin America region.
16.01 / 08:27
markets
community
trends
Trade
Experts
Bitcoin
reports
Bitcoin Price Prediction: Surge to $42,800 Spurs Interest in US Crypto Products and Halving Predictions
In the ever-evolving landscape of cryptocurrency, Bitcoin price has seen a notable uptick, trading at $42,806 with a 0.55% increase on Tuesday. This surge has been accompanied by growing interest in US-based crypto products, particularly following the approval of spot ETFs.
16.01 / 08:21
UPS
Food
show
reports
Department
Is India’s inflation finally going down?
Inflation in India has seen many twists and turns in the past four years, but the signs of relief are getting stronger. Both retail and wholesale inflation inched up in December 2023—to 5.69% and 0.73%, respectively—but the uptick was mainly on account of base effect. Strip that off, and retail inflation would have slid to 5.2% and wholesale prices would have recorded a 0.6% deflation, back-of-the-envelope calculations show.
16.01 / 08:05
markets
UPS
Target
Sustainability
Research
Experts
reports
week
YES Bank share price jumps over 6% to hit 52-week high; is there more steam left?
YES Bank share price jumped over 6 per cent to hit its fresh 52-week high of ₹26.25 in intraday trade on NSE on Tuesday, January 16. YES Bank share price opened at ₹24.95 against the previous close of ₹24.75 and jumped 6.1 per cent to the level of ₹26.25. Around 12:35 pm, YES Bank shares were 4.44 per cent up at ₹25.85 on the NSE.
16.01 / 08:05
UPS
Manufacturing
Trade
stage
information
reports
Polycab shares gain for third straight day, up nearly 4%; is this a good time to buy the stock?
Polycab India, a leading electrical wires and cables manufacturer, jumped 3.60% to ₹4,351.75 apiece. This comes on the heels of an 8.2% surge over the last two trading sessions. Between January 04 and January 11, the company's shares faced downward pressure amid reports of tax evasion allegations.
16.01 / 08:05
markets
UPS
economy
exclusive
consequences
reports
International
Leverage Affluent India narrative to blend luxury traditions with global fashion
Rapid economic growth, stable monetary policies, and a boom in credit have raised the purchasing power of India's wealthiest over the past decade. The number of Indians with annual earnings exceeding $10,000 has soared from 24 million in 2015 to 60 million, now constituting 4.1% of the nation's population, a Goldman Sachs report on Friday said. The significant increase in the value of financial and physical assets in the past three years is what has powered this new affluence.
16.01 / 07:57
16.01 / 07:35
markets
COST
UPS
Ball
reports
Chocolate maker Lindt & Spruengli 2023 sales boosted by higher prices
(Reuters) -Swiss chocolate maker Lindt & Spruengli on Tuesday said its 2023 sales grew by 10.3% organically and came in ahead of market expectations, boosted by higher product prices and strong sales of its pralines across markets.
16.01 / 06:43
markets
Target
Action
Nikkei
Trade
show
reports
Asian stocks
Asian stocks slip, Nikkei sees mild profit-taking at 34-year highs
Investing.com-- Most Asian stocks fell on Tuesday, with Japan’s Nikkei 225 retreating as investors locked-in profits from a stellar rally, while focus turned to key upcoming economic indicators from China.
16.01 / 06:37
markets
COST
UPS
security
Trade
country
reports
week
Welspun Living: Axis Securities selects the stock as its 'pick of the week', sees 14% upside – 3 key reasons why
Welspun Living as its 'top pick of the week'. This is on the back of the promising long-term potential in the textile sector, raw material price correction, improvement in margins, developing branded presence and macroeconomic tailwinds. The brokerage has a ‘buy’ call on the stock with a target price of ₹175, implying a potential upside of over 14 percent.
16.01 / 06:37
Provident
Strategy
Sustainability
Limelight
stage
reports
gatherings
Davos 2024: Navigating global challenges amidst changing priorities
As the leading global policy makers and thought leaders gather in Davos for the World Economic Forum (WEF) 2024, there is heightened anticipation about the scheduled discussions on critical global issues dealing with the economic, technological and environmental trajectory for the coming years. The WEF’s recent report on the ‘10 Global Risks’ provides a guide for the conversations that will take place at Davos this year. I can see a few key themes that will take centre stage in WEF 2024.
16.01 / 06:37
Netflix
film
show
audience
reports
Videos
International
Prime Video’s Farzi most watched Hindi web show of 2023: Report
Farzi, streaming on Amazon Prime Video, topped India's 2023 charts as the most-watched Hindi web show with a staggering 37.1 million viewers, according to a report by Ormax, a media consulting firm. It was the first show of 2023 to surpass 30 million viewers, making it the all-time most-watched SVoD series in India.
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