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Binance is contesting a $4.3m fine levied by Canada’s financial intelligence agency, FINTRAC.

FSN E-Commerce Ventures (Nykaa) with a target price of ₹220, implying an almost 28 percent upside. Jefferies has projected that Nykaa could achieve a compound annual growth rate (CAGR) of approximately 20 percent between FY24 and FY27.In its bull case scenario, growth could reach 25 percent, while in the bear case, it may dip to 15 percent over the same period, said the brokerage.Furthermore, the brokerage sees Nykaa's target price at ₹250 (45 percent upside) in the bull case scenario and at ₹130 (24.5 percent downside) in the bear case scenario."Nykaa has been able to carve out a niche for itself through its focus on BPC, which differentiates it from horizontals (Flipkart and Amazon).

Also Read: Budget 2024: Will Finance Minister Nirmala Sitharaman increase income tax exemption limit?“The government and regulators have been worried for quite some time about the increased participation of retail investors in the derivatives market. There are fears that if markets correct, there could be significant losses to retail investors, leading to overall dampening of sentiments," the source told Financial Express.Income from F&O transactions is now taxed as business income.

credit ratings. Nevertheless, there is a remedy that can help regain financial stability and set the stage for a debt-free future – credit card consolidation.As reported by TransUnion CIBIL, the average credit card debt per borrower in India was approximately ₹36,000 in 2021.

MUMBAI : Infosys McCamish Systems LLC reported its first annual revenue decline in eight years following a ransomware attack and weak macroeconomic demand. Revenue at the wholly owned subsidiary of Infosys Ltd. fell 4.3% to $442 million in the year ended December 2023, according to the company’s annual report earlier this month.

India vs Afghanistan. As per Sportingnews.com, the pitch at Kensington is known for its bounce which could be in favour the bowlers. Due to the bounce, the initial overs of the game could be challenging for batsmen.

FACT (The Fertilisers and Chemicals Travancore) were locked in the 20% upper circuit limit at ₹1,093 apiece, resulting in a gain of nearly 71% in just 11 sessions. Similarly, other stocks such as Rashtriya Chemicals & Fertilizers, National Fertilizers, Madras Fertilizers, Chambal Fertilisers & Chemicals, Gujarat State Fertilizers & Chemicals, Paradeep Phosphates, Zuari Industries, and Coromandel International have all gained between 3% and 19% in today's intraday trade.Also Read: GSFC share price rises 7%: Prabhudas Lilladher expects more than 20% upside for the stockInvestors anticipate that the rise in MSP will enhance farmers' purchasing power, thereby stimulating their investment in agricultural inputs like fertilisers.

Marico Ltd. gained 0.58 per cent to Rs 625.0 at 11:36AM (IST) in Thursday's trade. The scrip hit a high of Rs 628.9 and low of Rs 616.0 so far during the session. The stock had closed at Rs 621.35 in the previous session. The counter had a total traded volume of 11:36AM shares so far with a turnover of Rs 0.51 crore on BSE. The stock traded at a price-to-earnings multiple of 54.04 and a price-to-book ratio of 16.73.

FIU) has imposed a fine of 188.2 million rupees ($2.25 million) on the world's largest crypto exchange, Binance, for operating in the country in violation of local anti-money laundering regulations. India requires virtual digital asset service providers like crypto exchanges to be registered with the FIU as a reporting entity and comply with its anti-money laundering rules.

Suzlon Energy hit a 5% upper circuit at Rs 51.3 in Thursday's trade on BSE amid reports of a block deal executed on the counter. As per reports, 0.3% equity of Suzlon Energy changed hands in a block deal.

ETMarkets analysed the results of BSE500 companies in FY24 and found that about 45 companies have consistently maintained profit margins of at least or over 25% throughout the year. Out of these, 9 companies have delivered multibagger returns to investors in the last one year period.

Indian Oil Corporation Ltd. gained 1.58 per cent to Rs 169.45 at 10:55AM (IST) in Thursday's trade. The stock has hit a high of Rs 169.75 and low of Rs 166.25 so far during the session. The stock had closed at Rs 166.8 in the previous session. The counter has had a total traded volume of 815130 shares so far with a value of Rs 13.7 crore on the NSE. It traded at a price-to-earnings multiple of 5.66 and a price-to-book ratio of 1.26.

Bandhan Bank Ltd.(up 3.11 per cent), Au Small Finance Bank Ltd.(up 1.75 per cent), Federal Bank Ltd.(up 1.72 per cent), Kotak Mahindra Bank Ltd.(up 1.4 per cent) and IDFC First Bank Ltd.(up 1.15 per cent) were among the top gainers.

extreme weather conditions. And the season is not over yet! India has recorded over 40,000 suspected heatstroke cases amid a prolonged heatwave, reported Reuters. Simultaneously, parts of the country, including the northeastern region, are dealing with severe floods triggered by heavy rain. This extreme weather is part of a larger trend affecting billions across Asia. Scientists attribute these conditions largely to human-driven climate change. North India has seen temperatures soar close to 50 degrees Celsius (122 degrees Fahrenheit) during one of the longest heatwave spells on record, as reported by Reuters.

Bitcoin (BTC) has faced significant selling pressure since the recent halving.

Uno Minda shares appears set to continue, even after 15 consecutive months of upward momentum without significant pullbacks. In today's trade, the shares extended their bull run, reaching a new all-time high of ₹1,188 apiece with a 12.60% intraday gain.This latest spike in share prices followed a report from global brokerage firm Goldman Sachs, which initiated coverage on the stock with a 'buy' rating and set a target price of ₹1,350 apiece.

Congress party urged Prime Minister Narendra Modi to take responsibility for stopping the paper leaks. Indian National Congress president Mallikarjun Kharge in a post on X referred to the cancellation of the University Grants Commission-National Eligibility Test (UGC-NET) as a «victory of spirit» of millions of students. He further said that it was the «defeat of the Modi government's arrogance.»

Ahmadi Governorate in the Gulf Kingdom, a media report said on Wednesday. The massive fire which occurred at a six-storey building in the city of Mangaf on July 12 was caused by an electrical short circuit in the guard's room on the ground floor. The building was home to 196 migrant workers, mostly Indians. «The Public Prosecution has ordered the detention of a Kuwaiti national, three Indian nationals, and four Egyptian nationals for two weeks in connection with the Al-Mangaf building fire case,» English language daily Arab Times reported without identifying their names.

North Korea reached by their leaders requires the countries to use all available means to provide immediate military assistance in the event of war, North Korean state media said. The North's official Korean Central News Agency on Thursday reported the language of the comprehensive strategic partnership agreement reached by its leader Kim Jong Un and Russian President Vladimir Putin in Pyongyang on Wednesday. The agency said Article 4 of the agreement states that if one of the countries gets invaded and is pushed into a state of war, the other must deploy «all means at its disposal without delay» to provide «military and other assistance.» The deal could mark the strongest connection between Moscow and Pyongyang since the end of the Cold War. Both Kim and Putin described it as a major upgrade of their relations, covering security, trade, investment, cultural and humanitarian ties.

Infosys, has taken a softer and more flexible approach when it comes to returning to the “work from office” mode after the pandemic. Employees at the Bengaluru-based company have leveraged more remote working options in FY24 than in FY23, shows its ESG (environmental, social, and governance) report that ET has seen. This comes at a time when other tech companies are bringing in stricter mandates for employees to work from office.

Boeing's Starliner spacecraft is facing yet another plague of issues while the life of two NASA astronauts it had carried from the Earth, hangs in the balance. the spacecraft was entrusted to carry two NASA astronauts on a round trip to the International Space Station (ISS) and back but it has just touched its halfway mark and the return of the spacecraft back to the Earth has become a challenge in itself. According to a CNN report, the astronauts piloting the Starliner spacecraft have now extended their stay aboard the International Space Station, while the problems in the spacecraft are still being assessed by engineers at Boeing. Both these astronauts are in an unsure position as Boeing staff is scrambling all resources to understand and resolve the problems around this spacecraft so that these astronauts can safely return home.