Research Financial News
22.05 / 15:27
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Financial
Net financial savings rose to 6% in FY24: Goldman Sachs
financial savings to 6% of GDP in FY24 from 5.1% in the previous year, Goldman Sachs said in a report on Wednesday. “This (increase in net financial savings) is mainly driven by our estimate of higher gross financial savings of 12.5% of GDP (vs 11.0% of GDP in FY 2023) owing to our estimate of higher bank deposit growth,” it said. The global investment bank’s research unit noted that gross financial savings are expected to outpace the increase in household financial liabilities in FY24.
22.05 / 14:37
Provident
Research
community
track
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Anonymous gifts are common. But a climate group says a $10 million gift it got is an all-out mystery
A climate philanthropy organization, Giving Green, received a $10 million anonymous donation in April and thinks that the same donor may have given even more
22.05 / 14:35
22.05 / 14:35
Provident
Platform
Analysis
Interface
Research
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innovations
Annuity data firm Cannex inks partnership with Luma
Cannex, a North American financial research and data services provider with a focus on annuities, is helping more advisors analyze and choose annuities for their clients’ financial plans through a new fintech collaboration.
22.05 / 13:11
Target
security
Analysis
Research
trends
Trade
Tech View: Nifty inching closer to record high. What should traders do on Thursday expiry
Nifty today ended 69 points higher to form a bullish candle with a long tail, indicating strong buying interest. The index is now making a higher high on both daily and weekly charts. Nifty is holding its position above the previous resistance zone of 22,590, which is now acting as a crucial support level. Immediate support is seen at 22,500, suggesting that any minor pullback could present a buying opportunity at this level. If the upward momentum continues, the index might move towards 22,750, with the potential to breach its all-time high of 22,794.70, said Om Mehra of SAMCO Securities.
22.05 / 12:07
Digital
Adventure
Research
wellness
social
travelers
mountaineering
This Summer, Explore These Tips for an Unforgettable Road Trip!
1. Research well before you head outBefore you embark on your adventure, identify a broad area you want to explore - it could be a mountain, coastal trail, or anywhere else you have been planning to visit. You could even look through some blogs, online travel forums, or social media platforms for ideas from fellow travellers who have shared their offbeat discoveries.
22.05 / 10:43
UPS
security
Remark
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country
Rupee closes tad higher, off six-week peak on importers' dollar demand
Indian rupee ended slightly stronger on Wednesday after dollar demand from local importers prompted the currency to shed gains from a six-week high hit earlier in the session. The rupee closed at 83.28 against the U.S. dollar, marginally stronger than its close at 83.3050 in the previous session. The rupee climbed to an intra-day peak of 83.2250, its highest since April 10.
22.05 / 10:41
Research
Universities
Colleges
CSIR UGC NET Exam June 2024: Registration date extended, check csirnet.nta.ac.in - follow these steps to apply
ALSO READ: UGC NET June 2024 correction window opens at ugcnet.nta.ac.in The application fee is ₹1150/- for general category, ₹600/- for General-EWS/OBC(NCL) category and ₹325/- for SC/ST/PwD/Third Gender. An applicant can make the fee payment through netbanking, debit card, credit card, or UPI. The Joint CSIR UGC NET is an exam to determine the eligibility of Indian nationals for Junior Research Fellowship (JRF) and appointment as Assistant Professor and admission for Ph.D in Indian universities, colleges and R&D establishments.
22.05 / 08:43
markets
COST
Research
trends
Delhivery's profit party cut short as express slump dents growth
₹45.9 crore in Q4 from the previous quarter. The company, however, expects growth in express-parcel revenue to rebound. As it renegotiates contracts, management projects 15-20% year-on-year express-parcel revenue growth in FY25, after 12% growth in FY24.
22.05 / 08:43
markets
UPS
security
Research
Trade
Bottomline
Hindustan Zinc shares double in 1 month but the boom isn't so much about zinc
Hindustan Zinc have nearly doubled investor wealth in a month's time after its shares rallied 8.75% on Wednesday to hit a fresh all-time peak of Rs 807 on BSE. The metal stock's market capitalisation has also crossed the Rs 3 lakh crore mark after 6 days of non-stop rally. Hindustan Zinc is also the best-performing metal stock in the calendar year 2024 with a staggering return of 146% year-to-date.
22.05 / 07:03
Manufacturing
Corning
Research
wellness
track
country
Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy
China is the runaway leader in supplying the world with the hardware to gather solar power
22.05 / 07:02
UPS
Airlines
Death
Research
Experts
Universities
reports
What is in-flight turbulence, and when does it become dangerous for passengers and crews?
The death of a British man and injuries impacting dozens of other people aboard a Singapore Airlines flight have highlighted the potential dangers of flying through extreme turbulence
22.05 / 07:01
22.05 / 07:01
UPS
Strategy
Charity
Research
Universities
hospital
donates
All that 'checkout charity' adds up. Domino's plans $174 million from it for St. Jude
The world’s top-selling pizza chain is betting big on the generosity of its customers
22.05 / 07:01
22.05 / 06:53
UPS
Ethereum
ETF
SEC
Research
spot Ether ETF
ethereum etf
Ethereum Soars As Analysts Predict Higher Likelihood of ETF Approval
Ether’s price has surged over 20% to around $3,792, fueled by rumors that US regulators might finally approve Spot Ethereum ETFs. The price surge has surprised traders as most anticipated the SEC would delay or reject the first ether ETF by Thursday.
22.05 / 05:05
markets
Strategy
Adventure
Research
performer
information
rights
Financial
strategies
Mutual Funds: 7 smart SIP strategies can help you stay committed to your financial goals
Also Read: Stay on course! Avoid changing lanes frequently in SIP, says WhiteOak Capital Mutual Fund Establishing achievable and well-defined investment objectives lies at the bottom of sound investing, specifically when one considers the case of SIPs. Regardless of whether the purpose is to accumulate a fund for adventure, to buy a home, to invest in education, or to plan for retirement, clear goals help investors to navigate their journey. The choice of SIPs that are in line with personal financial goals is very critical.
22.05 / 05:05
markets
Provident
Gap
Enterprise
Research
information
rowing
From RAGs to vectors: How businesses are customizing AI models
Large language models, which are the AI algorithms that power chatbots like ChatGPT, are powerful because they are trained on enormous amounts of publicly available data from the internet. While they are capable of summarizing, creating, predicting, translating and synthesizing text and other content, they can only do so on the data they have been trained on, at a specific point in time.
22.05 / 02:25
markets
Research
Nikkei
Trade
recommendations
guidelines
Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US Fed to oil prices
Sensex fell 52.63 points, or 0.07%, to close at 73,953.31, while the Nifty 50 settled 27.05 points, or 0.12%, higher at 22,529.05. “Despite FIIs selling and India Vix at elevated levels, markets have stabilized and we expect a gradual up-move going forward. Key events to watch this week – UK inflation data, US Existing Home Sales number and FOMC meeting minutes," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
22.05 / 02:25
markets
Provident
security
Analysis
Research
Trade
recommendations
Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 22
Sensex fell 52.63 points to close at 73,953.31, while the Nifty 50 settled 27.05 points, or 0.12%, higher at 22,529.05. Nifty 50 formed a bullish engulfing candlestick pattern with good volume on the daily chart, indicating strength in the index. Also Read: Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US Fed to oil prices “On the 15-minutes chart, we can observe that the Nifty is now consolidating in a range between the 22,400 - 22,600 levels for the last two trading sessions.
22.05 / 02:25
Citi
Research
wellness
President
track
testing
mountaineering
Rail carriers contemplate life after diesel: What’s next?
Railroad operators like to say that trains are greener than trucks when it comes to moving goods, pointing out that one railcar can haul three to four times as much as a truck, and one freight train can remove hundreds of trucks from the highways. Although the freight-rail industry is responsible for less than 2% of transportation-related greenhouse-gas emissions in the U.S., rail carriers—like the rest of the transportation industry—are under pressure to reduce those emissions, much of which are produced by diesel-electric locomotives.
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