Reports Financial News
30.11 / 17:34
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Rate Cut
Rate Cut Expectations Drive Historic Bond Rally: How Long Can It Last?
Investors are increasing their collective bets that the Federal Reserve will soon start cutting interest rates – a bet that went into overdrive this week and ignited the strongest rally in bonds in 40 years.
30.11 / 16:57
30.11 / 16:47
Pool
awards
President
Experts
reports
Department
recommendations
Shorter terms of reference to help 16th FinComm make recommendations: Finance Secretary T V Somanathan
Finance Secretary T V Somanathan on Thursday said the Terms of Reference of the 16th Finance Commission have been kept short to give the panel more freedom to arrive at their recommendations after hearing out stakeholders. The Union Cabinet, chaired by Prime Minister Narendra Modi, earlier this week approved the Terms of Reference (ToR) of the 16th Finance Commission, which will make recommendations for the five-year period beginning April 1, 2026.
30.11 / 16:47
Digital
Manufacturing
Mobile
Xiaomi
country
electronic
reports
Dixon's Rs 256 crore Noida facility to manufacture Xiaomi smartphones
Dixon Technologies' subsidiary Padget Electronics will manufacture Xiaomi smartphones at its new Noida factory that has been set with Rs 256 crore investment, it said on Thursday. The factory was inaugurated by IT Minister Ashwini Vaishnaw which is likely to generate around 5,000 new jobs. The manufacturing facility has an annual production capacity of 25 million units.
30.11 / 16:47
Citi
consequences
reports
Everton vs. Nottingham Forest: Live streaming, injury report, key players, where to watch Premier League free
Nottingham Forest will take on Everton on Saturday in a Premier League encounter at a time when they have dropped consecutive 3-2 decisions to West Ham and Brighton after a 2-0 win over Aston Villa. On the other hand, Everton had been playing well before the Premier League handed down a 10-point deduction for breaching the Premier League’s profitability and sustainability rules. It was followed by a 3-0 loss to Manchester United. Consequently, the Toffees have reached the bottom three position. But the Sean Mark Dyche's side have produced three wins and a draw from their last four matches across all competitions.
30.11 / 16:27
Provident
Target
economy
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reports
Department
Fed's preferred inflation gauge eases in October
Former Federal Reserve Bank of St. Louis James Bullard provides insight on the state of the economy on 'The Claman Countdown.'
30.11 / 15:49
Provident
Platform
Action
performer
information
reports
Q4
TRON and Everlodge: Two Cryptocurrencies to Watch Out for in Q4 2023
TRON (TRX) recently saw popularity from crypto enthusiasts when CoinGecko reported that the network became the second-largest Layer-1 solution in 2023 in terms of TVL. According to the report, TRON has a TVL of $7,889,146,722. As for the price performance of the TRX cryptocurrency, it was recorded at $0.109823 during the past week, and its total value was 93% in the past year.
30.11 / 15:49
Provident
Platform
country
reports
NOT
‘Have not yet signed anything yet’: Rahul Dravid day after BCCI extends his contract with Team India
Board of Control for Cricket (BCCI) announced the extension of the contract of the Indian cricket team head coach and the support staff to maintain continuity, Rahul Dravid Thursday offered a fresh twist to the development saying that he has not yet signed anything as yet. "I have not yet signed anything as yet, once I get the papers, we will see...: news agency ANI reported quoting Dravid.
30.11 / 15:49
Target
economy
Experts
reports
Department
Apr-Oct fiscal deficit at ₹8.03 tn, 45% of annual estimates
₹8.03 trillion, or 45% of the annual estimates of ₹17.87 trillion, according to the data released by the Controller General of Accounts on Thursday. In comparison, the fiscal deficit for April-October of the previous fiscal stood at ₹7.58 trillion, or 45.6% of the annual estimates of ₹16.61 trillion. The widening of the fiscal deficit during FY24 was due to a jump in government spending to fuel economic growth, but this was to an extent offset by higher tax receipts and an increase in non-tax revenue.
30.11 / 15:35
Progressive
Action
President
stage
country
reports
approved
Funds to compensate developing nations for climate impacts approved at COP28
UN climate talks here opened with a bang with countries clinching an early deal on how to compensate developing and poor nations that bear the brunt of the climate crisis despite contributing little to it, a decision welcomed by climate activists with caution. The agreement on the operationalisation of the Loss And Damage Fund on the first day of the annual climate negotiations, called COP28, sets the stage for ambitious decisions over the next 12 days.
30.11 / 14:17
30.11 / 14:17
30.11 / 14:17
30.11 / 14:13
FIVE
Cooper
reports
RBI fines Bank of America, N.A., HDFC Bank
Bank of America, N.A. and HDFC Bank Ltd for violation of certain norms.
30.11 / 13:42
Booking
CIBC
performer
reports
CIBC beats as bad loan provisions come in lower than expected
Canadian Imperial Bank of Commerce topped analysts’ earnings estimates as the lender reported loan-loss provisions that came in below forecasts.
30.11 / 13:42
Target
Action
Nov
reports
Department
TD cuts thousands of jobs, takes restructuring charge as earnings miss
Toronto-Dominion Bank missed analysts’ earnings estimates after setting aside more money than forecast for potentially souring loans and announcing a restructuring charge related to a planned three per cent cut to the lender’s workforce.
30.11 / 13:42
Citi
Landmark
performer
reports
RBC beats expectations on boost from capital markets income
Royal Bank of Canada beat analysts’ earnings estimates after reporting strong capital-markets performance and a tax adjustment in the company’s favour.
30.11 / 13:27
Waters
Manufacturing
Assurant
Remark
Enterprise
performer
reports
HPCL, BHEL, MCX among 10 stocks that gained between 30% and 90% in November; check full list
Also Read: Nifty 50, Sensex jump 5% each in November; Investors earn over ₹24 lakh crore Several factors contributed to this impressive rally. The decline in crude oil prices, a reduction in US bond yields, a weakened US Dollar Index, robust Q2 earnings, and strong domestic liquidity played pivotal roles. Additionally, positive GDP estimates from S&P Global Ratings, projecting India to achieve a GDP growth rate of 6.4% for FY24, added to the optimistic sentiment.
30.11 / 13:27
Action
performer
social
hospital
reports
'Social problem': Karnataka health minister on sex determination, orders strict action
sex determination racket in Karnataka as a ‘social problem’, state health minister Dinesh Gundu Rao has said the government will not tolerate such anti-social activities in the state and strict action will be taken if anyone is caught involved in these things. Karnataka health minister’s statement came after the state police caught a gang who had been running a sex determination unit in farms near Mandya. The government has ordered an investigation into the matter.
30.11 / 13:19
Aware
Pool
Discover
reports
Billionaires acquiring more wealth through inheritance than entrepreneurship, says UBS
The much-talked-about Great Wealth Transfer is underway among the richest families, according to a new report.
30.11 / 13:19
Provident
Manufacturing
economy
Bitcoin
show
reports
testing
Rate Cut
Rate cut expectations rise as European inflation eases
The euro retreated and stocks climbed as decelerating European inflation added fuel to broader rate-cut expectations that have spurred a global rally in assets this month.
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