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According to research from Hargreaves Lansdown, the use of Reddit for investment ideas among 18–34-year-olds has jumped from 17% in 2021 to 26%, and reliance on TikTok as a financial information source has increased from 12% to 20%. Meanwhile, gen Z and young millennials have simultaneously reduced their exposure to websites of financial companies when looking for information on stocks, bonds and funds. In 2021, 43% of 18–34-year-olds surveyed used financial websites, a number that sits at 29% three years later. Court date set in FCA 'Finfluencers' trial HL's head of money and mark...

paddy area under climate-resilient seeds, a senior agriculture ministry official said on Monday. The move comes as erratic rainfall patterns have become increasingly common in recent years, threatening rice production in the country. India, the world's second-largest rice producer after China, cultivates paddy on over 410 lakh hectares during the kharif season. Speaking on the sidelines of ICAR's 96th Foundation and Technology Day celebrations, ICAR Director General Himanshu Pathak said, «While we have achieved 75 per cent coverage of climate-resilient seeds in wheat cultivation, the adoption in paddy is still limited.»

The near-term trend of Nifty remains positive. Having sustained above the hurdle of 24,400 levels (1.618% Fibonacci extension), there is a higher possibility of further gradual upmove in Nifty towards 24950 levels in the next one week. Immediate support is at 24,450, said Nagaraj Shetti of HDFC Securities.

rarest whale washed up on a South Island beach in New Zealand, potentially providing scientists a unique chance to study the mysterious spade-toothed whale. The five-meter-long beaked whale, identified by its colour patterns and distinctive skull, beak, and teeth, was found on an Otago beach earlier this month, news agency Associated Press reported quoting New Zealand's conservation agency. «This is going to lead to some amazing science and world-first information,» said Hannah Hendriks, marine technical adviser for the Department of Conservation. The spade-toothed whale has never before been seen alive and remains a mystery in many aspects, including its population, diet, and habitat in the vast southern Pacific Ocean. If confirmed, this specimen would be the first available for scientific dissection, enabling researchers to map its relationship to the few others of its kind, understand its diet, and potentially discover its habitat. Previous spade-toothed whales found on New Zealand's North Island were buried before DNA testing could verify their species, thwarting scientific study.

mutual funds bought stocks worth Rs 282 billion in the Indian secondary market. Mutual funds always add or exit certain stocks in their portfolio to offer better returns. Here are the large, mid, and smallcap stocks that mutual funds bought and sold in June, according to the Mutual Fund Insights report by Nuvama Alternative & Quantitative Research. The key additions by mutual funds were Indus Tower, HDFC Bank, Mphasis. Meanwhile, the MFs reduced their stake from ICICI Bank, Hindalco, and Bharat Electronics. The new entry in the largecap segment was Hindustan Zinc. Mutual funds made a complete exit from Adani Green. The top additions in the largecap space were HDFC Bank, Infosys, Reliance Industries, ICICI Lombard, and Dr Reddy Laboratories while the top reductions were Hindustan Aeronautics, Bharat Electronics, Tata Motors, State Bank of India, and Sun Pharma Industries.

ChatGPT in November 2022, doomsayers have argued that Generative AI will ring a death knell for the industry as it makes much of the work redundant. Krithivasan dismissed these fears. "As Roy Amara mentioned, we tend to overestimate the effect of a technology in the short run and underestimate the impact in the long run.

pharmaceutical industry has sought exemption from the government on fixation of ceiling prices for all low-priced formulations or those that are priced at up to ₹5 per unit. At a meeting last week, the Federation of Pharma Entrepreneurs (FoPE) lobby group also asked for the exemption of patented drugs from price control for 10 years instead of the existing five. According to FoPE, in the absence of a 10-year exemption, many companies are conducting research outside the country. «All formulations sold at ₹5 per unit i.e. per tablet, capsule, ml, gm may be exempted from provisions of ceiling price,» FOPE said in its presentation to the secretary, department of pharmaceuticals (DoP). «The industry has been asking for this exemption for a long time. It would be desirable to allow...small manufacturing units to be kept outside the Drug Price Control Order (DPCO) provisions,» said a person in the know. Earlier, the Indian Pharmaceutical Alliance (IPA), which represents the country's biggest drug manufacturing companies, along with other lobby groups had asked for exemptions from price ceiling regulations for low-priced formulations. The National Pharmaceutical Pricing Authority (NPPA) fixes the ceiling price of essential Schedule I drugs under the DPCO.

luxury brands to take note. Industry insiders said Hyderabad is now snapping at the heels of Delhi and Mumbai and is a market to watch out for. «In 2012, we had only three entrants from Hyderabad on the Hurun Rich list. Fast forward to 2023, and that number has surged to 87,” said Anas Rahman Junaid, founder and chief researcher, Hurun India.

Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter told Reuters on Sunday. A deal could come together soon, the source said, requesting anonymity as the discussions are confidential.

From birth to adulthood, Sherri Jones’ life has been both unusual and rare.

Union Budget 2024-25 on July 23, the electric vehicle (EV) sector is optimistic about potential announcements that could spur industry growth. The EV sector is at a critical juncture, with every player striving to capture market share. The industry anticipates that the government will introduce FAME-3, allocate funds for charging infrastructure, provide incentives for the localization of EV components, integrate EVs with renewable energy sources, implement a priority lending scheme, and reduce GST on EV services, among other measures.

It’s summertime, and the bargains seem easy at a time when many consumer prices are high

Also read | Household savings plummet to 5-year low in FY23: Where did young India’s savings go? Savings, debt, and consumption are key considerations for households. Given that households are the biggest savers in India—who help fund the government’s fiscal deficit, along with helping private firms to invest—and private consumption is the largest component of the GDP, the three variables mentioned above have much to reveal about the state of the economy.

Budget 2024, to be presented by Finance Minister Nirmala Sitharaman. Industry players are hopeful for tax reductions on exports to bolster demand for Indian-made gold and diamond jewellery.

Retail inflation, or the Consumer Price Index (CPI) in India, is expected to remain below or close to 5.0 percent in the remaining months of 2024-25, except for September, according to SBI Research. India's retail inflation rate increased in June, deviating from the moderation seen in previous months, driven by rising food prices. The year-on-year inflation rate based on the all-India Consumer Price Index (CPI) was 5.08 percent (provisional) for June 2024. The corresponding inflation rates for rural and urban areas were 5.66 percent and 4.39 percent, respectively.

I have a B.Tech. from IIT, Bombay, an MBA from IIM, Lucknow, and a CFA charter from the CFA Institute. My wife, a PhD from IIT, Bombay, is an educational consultant, and my daughter, who graduated from NLS, Bangalore, is an advocate. I was born and raised in Mumbai. How did you land up in this job?

Seoul, an official said. The agreement, dubbed as comprehensive economic partnership agreement (CEPA), was operationalised in January 2010. So far, 10 rounds of review talks have been concluded. The Indian team «will visit Seoul from July 17-19» for the next round of review meetings, the official added. «In the 11th round, both the sides would discuss the broad contours for closing the deal,» the official said, adding that Korea is keen to conclude the negotiations this year.

Slow and steady: How a passive approach secured this CEO's retirement future “Harsh, like quite a few of my clients, aims for financial independence by 50-55," Nayak said. “However, with NPS, if one decides to exit completely before 60, at least 80% of the accumulated corpus must be used to purchase an annuity, while the remaining 20% is paid out as a lumpsum. Further, the annuity is taxable at the individual’s slab rate." Mishra has opted for an NPS-E account—an equity-oriented NPS scheme with 75% equity allocation, unlike pure debt investments such as EPF and PPF.

As climate change disrupts ocean temperatures, a significant trend is emerging: more sharks are heading north into Canadian waters. And experts say Canadians may need to get used to these new marine neighbours as sightings increase along the coast.

The company that owns the salvage rights to the Titanic is undertaking its first expedition to the ship's wreckage in 14 years

Scientists suspect that one culprit behind your new illness might be the infection you got a couple of years ago. The link between new health problems and your past health history appears to be particularly prevalent with Covid. A new Nature Medicine study found that health problems stemming from even mild Covid infections can emerge as many as three years afterward.