Research Financial News

Subscribe to enjoy similar stories. Warren Buffet once said that an investor should be fearful when others are greedy and be greedy when others are fearful. The famous value investor was talking about the equity market, but it turns out this applies even more to the options market.

Bharti Airtel is slated to deliver 13%-16% growth in consolidated revenues/Ebitda compounded annually through FY24-FY27, propelled by a combination of more frequent tariff hikes, a ramp-up of its 5G-based fixed wireless access (FWA) offerings as well as a steady growth of its non-mobile businesses and Africa operations, analysts said. They added that reduced capex spends towards 5G and rural network expansion from FY25 onwards is also slated to help the nation's second-largest telco generate substantial free cash flows (FCF) in the next two fiscals. «With a moderation in capex intensity, Airtel is likely to generate significant free cash flows of ₹33,000 crore-₹43,000 crore in FY25-FY26, which should lead to significant deleveraging and improvement in shareholder returns,» Motilal Oswal said in a research note seen by ET.

Kamala Harris's political manifesto, but the catchily titled "Progress 2028" is actually a fake document that a funding watchdog says was produced by a dark money group with ties to Donald Trump's billionaire backer Elon Musk. Researchers say Progress 2028 — purportedly a liberal counter to the conservative initiative Project 2025 — is riddled with misinformation and is behind a series of Facebook ads that distort the Democratic contender's policy positions about key issues such as immigration and gun control. Backing it is a group called Building America's Future, a conservative dark money network which has reportedly received funding from Musk, the world's richest man and a vigorous campaigner for Republican Trump's re-election bid.

Subscribe to enjoy similar stories. Soon after Simona Dai was born in 1992 in rural China, she was sent to live with a foster family, hidden away so her parents could hold out for a son. Driving that decision was the country’s one-child policy, in place from 1980 through 2015.

Foreign investors pulled out a massive Rs 94,000 crore (around USD 11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks. Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020. The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.

PM2.5 levels hit a peak by midnight on Diwali this year, which was 13 per cent higher than the peaks observed last year and in 2022, a recent analysis showed. The Diwali night this year had higher nitrogen dioxide (NO2) levels that indicates high traffic congestion, a report by Centre for Science and Environment (CSE) said. The research organisation's report also said unlike previous years, on Diwali night in Delhi, there was a quick build-up of PM2.5 levels and dissipation the next day. «By midnight on October 31, PM2.5 hit a peak of 603 g/m³, 13 per cent higher than Diwali peaks observed in 2022 and 2023,» the report stated.

Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assort...

Apple set yet another revenue record in India in the September quarter, thanks to the iPhone, amid an ongoing trend of premiumisation in the smartphone market, said chief executive Tim Cook. “iPhone grew in every geographic segment, marking a new September-quarter revenue record for the category… And we continue to be excited by the enthusiasm we’re seeing in India, where we set an all-time revenue record,” Cook said during the company’s earnings call Friday. It’s not just iPhones that are growing rapidly in India. iPads also set a record in the quarter, contributing to an 8% surge in revenue for the segment globally.

Indian companies sanctioned by the US as part of a global effort to crack down on supply of dual use items to Russia will not have a major impact on the domestic defence ecosystem as most of them are not linked to any major project. Only one of them has limited work with the Defence Research and Development Organisation and the armed forces. Out of the 19 Indian firms on the global list of 400 plus companies sanctioned, several are entities that seem to be just carrying out trading activities by purchasing western equipment including electronics and selling them to Russian companies that have been hit by western sanctions. Some of them, like Denvas Services, which mainly supplies digital kiosks for various services, also have Russian nationals as registered directors and shareholders. It is legal for Indian companies to have foreign nationals as directors and there are no sanctions on conducting work with Russian entities. The company has been accused of procuring US-origin microelectronics for use in its advanced Russian conventional weapons.

biologists, a group of statisticians, and a group of physicists. Each group was given a year to research. After one year, they all reported to the investors. The biologists said that they could genetically engineer an unbeatable racehorse, but it would take 200 years and $100 bn. The statisticians reported next. They said that they could predict the outcome of any race, at a cost of $100 mn a race, and they would only be right 10% of the time.

Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition

RINL) have formed a consortium to prepare a uniform debt resolution plan for the government-owned Navratna company that has been under financial stress due to working at one third of its capacity. RINL is the corporate entity of Vizag Steel. State Bank of India (SBI), which is its largest lender with about Rs 6,400 crore of fund exposure, has led the formation of the consortium, a person familiar with the matter said.

Toronto-based investment management company Brookfield Asset Management Ltd. has moved its head office to New York in a bid to broaden its investor base to include passive institutional investors that collectively manage trillions of dollars.

Subscribe to enjoy similar stories. New Delhi: Apple on Friday logged an estimated $3.75-4 billion in India revenue in July-September, its highest quarterly sales in the country and the 10th straight three-month period when the iPhone maker's quarterly revenue has been higher year-on-year in the world's fifth-largest economy. In July-September of 2023, Apple's India revenue was estimated at $2.5 billion.

Indian indices have fallen 7-8% in the last month, wherein US indices have inched up 1-2% and the rest of world, including China, being stable. This could be due to two reasons a) The Chinese stimulus package announced in September to revise their real estate and stock markets b) Weaker than expected earnings results for India Inc. in Q2F2025 so far. FII outflow at over US$ 10 billion has been unprecedented, probably moving into China. The India Earnings growth story has been delayed but not derailed and it is just a matter of time. The themes we would like to be invested in the current environment are largely domestic facing sectors like the capex-related power sector against global, especially since we are having strong economic tailwinds and global headwinds for slowdown in growth. In the global facing sector, we would like to be invested in India’s outsourcing stories like pharmaceuticals.

U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centers

Subscribe to enjoy similar stories. Sujit Saraf’s new novel, Island, takes its cue from a macabre tragedy that shook the world in 2018.

analogue space mission kicked off in Leh on Friday. «A collaborative effort by Human Spaceflight Centre, ISRO, AAKA Space Studio, University of Ladakh, IIT Bombay, and Ladakh Autonomous Hill Development Council, this mission will simulate life in an interplanetary habitat to tackle the challenges of a base station beyond Earth,» the Indian Space Research Organisation (Isro) said in a post on microblogging site X. Aaka Space Studio, a private company specialising in space architecture and analogue research, is set to lead a 21-day Mars and Moon mission in the rugged terrain of Ladakh, the company said in a press statement.

Subscribe to enjoy similar stories. In the Dallas suburbs, Sangeeta Kulkarni lights an oil lamp in front of a wooden structure housing idols in her kitchen. The newly renovated area is dedicated to prayer and is backed by gold-and-white tiles matching the gilded trim and the white quartz countertop, the 41-year-old said.

Global stocks slid Thursday as investors fretted over results from tech giants and remained risk-averse ahead of a coin-toss US election. Data showing the US Federal Reserve's preferred inflation measure cooled further last month — and now sits just above its long-term target — failed to boost sentiment, despite being a positive sign for future interest-rate cuts.

Meta's publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. In a June paper reviewed by Reuters, six Chinese researchers from three institutions, including two under the People's Liberation Army's (PLA) leading research body, the Academy of Military Science (AMS), detailed how they had used an early version of Meta's Llama as a base for what it calls «ChatBIT». The researchers used the Llama 2 13B large language model (LLM) that Meta released in February 2023, incorporating their own parameters to construct a military-focused AI tool to gather and process intelligence, and offer accurate and reliable information for operational decision-making.