Reports Financial News

Rahul Gandhi on Monday visited relief camps in Manipur's Jiribam and Churachandpur districts and interacted with the inmates. People displaced by the ethnic violence in the northeastern state, which claimed over 200 lives since May last year, are staying in those relief camps. Gandhi, who is accompanied by senior Congress leaders, is visiting Manipur for the first time after the Congress won both Lok Sabha seats in the state. «His third visit to Manipur post-violence shows his unwavering commitment to the people's cause,» the Congress said in a post on X.

javelin throw star Neeraj Chopra has opted out of this Sunday's Paris Diamond League, citing the adductor niggle that has been troubling him for the past couple of months, according to a report. Speaking to 'ESPN', Chopra said he is focussing on training and strengthening his blocking leg. «I need to strengthen my blocking leg when I throw because that's when my groin gets pulled. We're working on that to see how we can reduce the impact on the groin and control the pressure on it,» he said, explaining the issue for which he will consult «different doctors» after the Paris Games. «I could have competed in more events for sure and that was the plan. But I have realised that my health is paramount, that comes first. Even if I feel the slightest discomfort or like I am pushing myself too much in training, I've learnt to pause for a bit,» he added.

If you aspire to work for HSBC and have spent hours wooing and being wooed by the bank at recruitment events, been through its recruitment process, and attended some induction events, only to be unexpectedly rejected, you will not be happy. You will be even less happy if HSBC accidentally sends you an email saying it's a shame that you voluntarily withdrew your application.

Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology makes it easier to successfully perpetrate fraud

Minaya will join on 3 September and will report to Robin Vince, president and CEO of BNY.  Once Minaya joins, Smits will transition to chair of BNY Investments to help oversee the change. «I would like to thank Smits for her leadership», Vince noted. BNY Mellon undergoes name change amid extensive rebrand Minaya said: «I am delighted to join BNY, a historic institution with a legacy of helping clients achieve their ambitions and advancing the future of finance, and to lead a globally renowned asset management and wealth franchise with deep relationships around the world.» Most r...

Canada is a highly preferred migration destination worldwide, according to recent data. The North American country has become the world's most sought-after immigration destination after more than 1.5 million people looked for information on moving there online in the last year. The stunning scenery and good standard of living in Canada are major factors in this fascination, as per the reports in The New York Post.

transformer market is on track for a significant surge, projected to reach $38.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1%, driven by technological advancements and increasing electricity demand. The growth in renewable energy, particularly in solar and wind power, is significantly boosting demand for 100-500 MVA transformers. Moreover, the Indian government initiatives aimed at grid upgrades and the integration of cutting-edge technology are propelling the power transformer industry forward.

Myanmar’s state-run media say the country's military government has arrested a Japanese business executive, along with dozens of local businessmen, for allegedly selling rice at prices well above the officially regulated ones

Times of India.This is being considered despite the attractive returns for those who remain invested for 25-30 years, especially for those recruited after 2004, said the report.The NDA government’s move is likely to address the concerns of central government employees about the pension.A panel led by Finance Secretary TV Somanathan has gauged the impact of providing an assured return. The committee, which was formed following an announcement by Finance Minister Nirmala Sitharaman, has also reviewed global practices and the adjustments implemented by the Andhra Pradesh government, according to the report.“There is growing acknowledgement within the govt of offering a 50 per cent guarantee" and in case of any shortfall, the government will fill the gap, the report added.The Somanathan panel’s recommendations came amid concerns over the pension system for central government employees.The government pension system operates without funding as the Centre does not have a retirement fund.In the Budget 2024, it is anticipated that the NDA government will create a retirement fund.The National Pension System is a voluntary, long-term retirement savings scheme.

Eddie Murphy, the comedic genius behind Axel Foley, revived his iconic role in Beverly Hills Cop: Axel F. With its roots tracing back to the 1984 blockbuster that catapulted Murphy to Hollywood stardom, the franchise has endured through various sequels, despite mixed critical reception.

Infosys with a target price of Rs 1920. The current market price of Infosys Ltd. is Rs 1616.25. Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 669451.90 Crore) operating in IT Software sector.

RBC Wealth Management has strengthened its presence in New Jersey by adding a veteran financial advisor and his team to its Paramus office.

food services sector is expected to be worth Rs 7.76 lakh crore by 2028 up from Rs 5.7 lakh crore currently, as per a new food services report released Tuesday by the National Restaurant Association of India (NRAI). As per the India Food Services Report 2024 released by NRAI, the growth of the sector at a CAGR of 8.1% over the next four years will beat the overall GDP growth estimates forecast by RBI. RBI estimates real GDP growth of India at 6.7% in 2024-2025 and 6.5% in 2025-2026. The size of the sector was Rs 4.23 lakh crore in 2019 as per the report and will grow to Rs 6.12 lakh crore in 2025. It is the third largest industry after retail and insurance and will employ about one crore people in the next four years, up from 85.5 lakh currently.

The counter had a total traded volume of 02:05PM shares so far with a turnover of Rs 11.48 crore on BSE. The stock traded at a price-to-earnings multiple of 72.2 and a price-to-book ratio of 23.03.

Experts are optimistic about the sector’s long-term prospects, given the substantial investment and demand anticipated in the coming years. “The focus on modernising and upgrading defence systems, along with geopolitical tensions with neighbouring countries like China and Pakistan, means that the defence expenditure will continue to grow,” says Abhinav Kapadia, Research Analyst, Asit C. Mehta Investment Intermediates. “The growth is not just momentary. The sector has significant potential for future growth. The large order books of companies and the government favouring import substitution provide a strong foundation for sustained growth,” says Nirav Karkera,Head of Research, Fisdom. According to the Nomura report, the sector is expected to present an ordering opportunity worth $138 billion over the fiscal years 2024 and 2032. The report also classifies Hindustan Aeronautics Limited and Bharat Electronics as strong buys with an upside potential of 28% and 32%, respectively.

Pokemon Go events are a regular thing every year, with some more events in the pipeline this July, including raids, community day, as well as some spotlight hours helping you get the most from the Pokemon Go adventures. According to a Game Spot report, multiple Ultra Beasts and Mega Pokemon raids will happen across the month, which is one of the key takeaways from this month.

Daily Mirror, quoted the Lankan civil aviation minister T D Abeysuriya as saying there were no “suitable suitors" for the country’s national carrier SriLankan Airlines.  The minister hinted that the government may shelve its plans to sell the airline, and instead take on some of its debt and restructure it. SriLankan and Sri Lanka find themselves in a position that Air India and the government of India were in not too long ago. For years the Sri Lankan government has been bailing out its national carrier, which has a huge debt burden.

U.S. stocks are drifting after the French market roared higher as elections continue to drive swings in financial markets worldwide

4th of July sales approach in a matter of 48 hours and shopping freaks cannot stay calm as the plethora of categories the sales will cover will indeed save big bucks for consumers this year. The 4th of July sales are of another significant importance as they arrive on the occasion of the US Independence Day, which is a federal holiday, giving US-based shopaholics leisure to scroll through all deals and offers throughout the day before finalizing their purchase. However, experts, according to an NBC News report, are of the opinion that one must wait for the Amazon Prime Day 2024 sales before making purchases of some specific categories.

U.S. stocks rose again, continuing Wall Street’s record-setting run

Sports Tak on 6 July, the Men in Blue will not travel to Pakistan for the ICC Champions Trophy that will begin from 19 February to 9 March.“While the details of the tournament have not yet been discussed, it is highly unlikely that the Indian team will travel to Pakistan. Ultimately, the decision rests with the Indian government.