Research Financial News

The Indian real estate segment has undergone a transformative shift. The most notable shift that has come to the fore in the last couple of years is the demand in the luxury housing segment. Not only are the discerning homebuyers looking for a home that matches their lifestyle, but there is also been a greater demand for bigger homes.

Corporate fixed deposits (FDs) are currently offering attractive interest rates on tenures up to 5 years. FDs issued by housing finance companies and non-banking financial companies fall under the corporate fixed deposit category. Corporate fixed deposits yield better returns than most bank fixed deposits. Take a look at these top 5 corporate FDs in April 2024:

Q4 results 2024: After the announcement of Tata Consultancy Services or TCS results for Q4FY24, the market is eagerly waiting for the other Indian IT company's results for the recently ended March 2024 quarter. According to stock market experts, Infosys management may deliver a 'modest' guidance for the the financial year 2024-25.

Vodafone Idea FPO: The Follow-on Public Offer (FPO) of Vodafone Idea Ltd is going to hit the primary market today. The Vodafone Idea FPO will remain open till 22nd April 2024. The telecom company has fixed the Vodafone Idea FPO price band at ₹10 to ₹11 per equity share, which is around ₹2 below Tuesday's Vodafone Idea share price closing.

A new study by Experian has highlighted significant financial knowledge gaps among Americans, particularly younger generations, that are contributing to costly errors.

Sensex declined 456.10 points, or 0.62%, to close at 72,943.68, while the Nifty 50 dropped 124.60 points, or 0.56%, to settle at 22,147.90. The Indian stock market was shut on Wednesday for Ram Navami. Nifty 50 formed a small positive body candle on the daily chart with minor upper shadow.

Buy or sell stocks for today: After showing sharp weakness in the last couple of sessions, the Indian stock market slipped into follow-through weakness amidst a range movement and ended lower for the third straight session on Tuesday. The Nifty 50 index lost 124 points and closed at the 22,147 level, the BSE Sensex corrected 456 points and closed at the 72,943 mark whereas the Bank Nifty index went down 288 points and finished at 47,484 level.

Kaynes Technology will manufacture 3,000 indigenously designed RUDRA high-performance computing (HPC) servers for government-owned Centre for Development of Advanced Computing (CDAC). ET has learnt that CDAC, a research and development organisation under the ministry of electronics and information technology (MeitY), has already awarded the contract to Kaynes, a listed company.

A new study says climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming, with the poorest areas and those least responsible for heat-trapping gases taking the biggest monetary hit

Abbott Laboratories on Wednesday reported first-quarter profit of $1.23 billion

CSX railroad's first-quarter profit slipped 10% even though the railroad delivered 3% more goods as shipments it handled shifted to a less-profitable mix

Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week, and macro headwinds continuing to pile up, with some predicting that the Bitcoin price could be headed towards $50,000 next.

A new study from Vanguard Charitable has shown that philanthropic investors using donor-advised funds for both planned and responsive giving are significantly increasing their contributions.

steel consumption has registered a growth of 13 per cent to 136 million tonnes during 2023-24, supported by increased demand from automotive and infrastructure sectors, SteelMint India said. The country consumed 120 million tonne (MT) finished steel in the preceding 2022-23 financial year, the research firm said in a report. «Demand from the automotive industry improved in FY24, along with focus increasing towards the EVs. Infrastructure and construction sectors also showed resilience with investments, mostly supported by government-funded development projects,» SteelMint said. The production of crude steel in the country rose 12.6 per cent to 143 MT over 127 MT in the previous fiscal.

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh Iran announced its military's preparedness to counter any potential Israeli aggression. Recently, Iran launched its inaugural direct assault on Israel, retaliating against a suspected Israeli attack on an Iranian diplomatic facility in Damascus on April 1. On Tuesday, prominent figures from the U.S.

Kerala's Idukki on Wednesday. Samir V Kamat, Secretary, Department of Defence--Research and Development (R&D)--and Chairman, DRDO, inaugurated the platform at Underwater Acoustic Research Facility in Kulamavu in Idukki, a Defence Ministry release said. According to the release, SPACE, set up by the Naval Physical & Oceanographic Laboratory of DRDO, has been designed as a premier testing and evaluation hub for sonar systems destined for Indian Navy onboard various platforms, including ships, submarines and helicopters.

Since GPUs are scarce and very expensive, the Indian government has two options: let businesses and industry solve its own GPU problem or spend public money to make GPUs more accessible to startups, research bodies and key industries, just as it has done with the Production-linked Incentives (PLI) scheme to promote key industries for its Make in India mission. In the first case, India will remain a laggard in AI and other emerging technologies; in the second, it can emerge as a new-age tech hub. Large domestic computing capacity also ensures a country's data sovereignty. The government has realised the importance of GPUs for India and is working to find a solution. It may strike a deal with Nvidia, the world's biggest GPU producer, to source graphics processing units (GPUs) from it, and offer them to local startups, researchers, academic institutions and other users at a subsidised rate under its Rs 10,000 crore Artificial Intelligence Mission, ET has reported based on information form sources.

The AVI Global Special Situations fund follows the existing strategy, which aims to use a bottom-up, research-driven approach to engage with companies to provide value and drive returns. AVI CEO and CIO Joe Bauernfreund, who manages the AVI Global Trust, will also manage the Dublin-domiciled fund along with a research team of 12. Quintet and BlackRock partner for multi-manager US equity launch The fund will be benchmarked against the MSCI AC World index and charge a management fee of 0.75% Bauernfreund said: «We are seeing attractive opportunities in all parts of the equity mark...

increase in 'heat stress' due to high temperatures along with humidity over India, TOI has reported. Describing this as 'moist heat stress', researchers have stated that its magnitude has risen by almost 30% in India over the past 40 years (1980-2020). The analysis has also shown a significant upward trend in the spatial range of areas facing heat stress in India. The term 'Heat stress' denotes the physiological pressure on the body due to exposure to high temperatures, frequently coupled with high levels of humidity.

India Ratings and Research (Ind-Ra) has upgraded realty developer Sunteck Realty’s Long-term Issuer Rating to ‘IND AA’ from ‘IND AA-’. The Outlook is Stable. The ratings factor in the strong operational performance that the developer has displayed since 2020-21, and consequent improvement in the scale of operations.

The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024.