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There’s a super-cycle playing out in the markets that’s being led by AI, says James Demmert, chief investment officer at Main Street Research.

Luma Financial Technologies is helping more advisors get access to its annuity management capabilities through a new partnership.

liquefied natural gas is catalysing energy companies and auto majors to gear up to serve the long-haul LNG trucking segment. To cater to these medium and heavy commercial vehicles, oil marketing companies are planning to expand the compressed natural gas dispensing infrastructure in their fuel retail outlets to dispense LNG. They are planning to set up LNG retailing outlets along major national highways. «Setting up of an LNG station will cost anywhere up to ₹8-₹12 crore. A fuel retail outlet costs only up to ₹1.5 crore. We are evaluating options to maximise investment and expand CNG dispensing stations to include LNG,» said a senior executive from an oil marketing company.

The stock market gave 401(k)s a 19% boost last year. Inflation cooled. Still, lots of people feel no closer to hitting their magic number for retirement.

Brent crude reached $89 per barrel on Tuesday, up from $77 at the end of 2023. Analysts expect a straightforward meeting, supporting the earlier decision to extend output cuts. The meeting is scheduled for 1 p.m.

hit record highs on Monday, April 1, led by metals stocks on strong industrial data from the top consumer China, before settling around 0.5 per cent higher. The BSE Sensex declined by 110.64 points or 0.15 per cent to settle at 73,903.91. The broader NSE Nifty dipped 8.70 points or 0.04 per cent to 22,453.30.

₹50 to reach ₹68,370 per 10 grams in the domestic market on Tuesday, influenced by subdued patterns in the global markets, according to HDFC Securities. During the last trading session, the valuable metal concluded at ₹68,420 per 10 grams.

The report from Juniper Research predicts that embedded finance revenue will exceed $228bn by 2028 thanks to advances in technology.

tax collection target of over Rs 34.37 lakh crore for 2023-24 on the back of robust economic activity and improved compliance, an official said. «Overall targets for tax revenue have been met,» the official told PTI. The government had raised the target for direct tax collection in FY24 (April 2023 to March 2024) to Rs 19.45 lakh crore, while for indirect taxes (GST+ Customs + Excise) the target was lowered to Rs 14.84 lakh crore in the revised estimates (RE) presented in Parliament on February 1, 2024. The net direct tax collections (comprising corporate tax and personal income tax) reached over Rs 18.90 lakh crore as of March 17.

As Canada’s immigration grows, a new study suggests babies born to immigrant parents are at an increased risk of complications at birth.The rate of stillbirth, which is fetal death occurring after 20 weeks of gestation or at a birth weight of at least 500 grams, was higher among immigrant parents when compared to native Canadians, according to research published in the Canadian Medical Association Journal (CMAJ) Tuesday.The likelihood of preterm birth, when the baby is born before 37 weeks of pregnancy are completed, was also higher for immigrant parents admitted into Canada on an economic and family reunification basis, as well as for refugees.Researchers at McGill University and Université de Montréal looked at Statistics Canada data of nearly eight million Canadian births – out of which 21 per cent were to immigrants – over a 25-year period between 1993 and 2017.“We found differences in outcomes not only between Canadian-born parents and immigrants, but also by the admission category among immigrants,” said Seungmi Yang, study co-author and associate professor in the department of epidemiology, biostatistics and occupational health at McGill University, in an interview with Global News.“Births to immigrant parents had increased risk of several but not all adverse outcomes,” the authors wrote in the study.While the risk of small for gestational age (SGA) birth was higher among the immigrant population, there was a lower risk of large for gestational age (LGA) birth compared to Canadian-born parents, the study found.SGA birth is when the baby is born with a birth weight below the 10th percentile among an infant population of the same sex and gestational age.

Stock market today: On account of positive global market sentiments, the Indian stock market ended higher for the third day in a row on Monday. The Nifty 50 index hit a new peak of 22,529 whereas the BSE Sensex touched a new lifetime high of 74,254. The Bank Nifty index finished 453 points higher at the 47,578 mark.

Read the full story here.)Sensex Today Live : ABFRL, Infosys, RIL, Airtel, Vi, Sanofi, HAL, Aurobindo Pharma, are some stocks likely to be in focus on Tuesday, April 2.Sensex Today Live : The Sensex and Nifty 50, India's primary stock market indices, are anticipated to commence Tuesday's trading session on a downbeat note, influenced by unfavorable cues from the global markets. The Gift Nifty trends also suggest a gap-down opening for the Indian benchmark index, trading around the 22,550 level, nearly 50 points lower than the previous close of Nifty futures.On the previous trading day, Monday, the domestic equity benchmark indices concluded the session with a half percent increase, setting new record highs, with the Nifty 50 closing above the 22,400 mark.

Sensex gained 363.20 points to close at 74,014.55, while the Nifty 50 settled 135.10 points, or 0.61%, higher at 22,462.00. Nifty 50 formed a small positive candle on the daily chart with an upper shadow. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US Treasury yields to oil prices “Technically, this pattern indicates the formation of a type candle pattern.

Sensex gained 363.20 points, or 0.49%, to close at 74,014.55, while the Nifty 50 settled 135.10 points, or 0.61%, higher at 22,462.00. “The market is expected to continue its positive momentum but the journey could be volatile on the back of elections and Q4 earnings this month. Now all eyes will be on RBI monetary policy due this Friday where status quo is expected but commentary would be keenly watched," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

jewellers at Mumbai’s Zaveri Bazaar, who said the rise in prices is keeping customers away. Demand crashed 70% in the March quarter, according to them. However, they’re optimistic about a recovery in sales with Akshay Tritiya, an auspicious occasion for buying gold, coming up early next month. Zaveri Bazaar is Asia’s biggest gold market and has a daily turnover of `. 450- 500 crore. “The constant rise in prices has dented demand in a big way in this quarter,” said Surendra Mehta, national secretary of the India Bullion & Jewellers Association (IBJA). “According to our estimate, demand for gold jewellery at Zaveri Bazaar has fallen by 70%” in the March quarter, compared with October-December 2023.

benchmark indices hitting all-time highs in the first trading session of FY25. Mid-caps and small-caps rebounded on Monday after a weak show in March, as investors lapped up beaten-down names in that space on hopes these stocks could repeat their historically strong performance in April. NSE's Nifty rose 135 points, or 0.61%, to close at 22,462 after touching an all-time high of 22,529 earlier in the day. BSE's Sensex rose 363 points, or 0.49%, to end at 74,014 off the record high of 74,254 during the day. The record closing levels for the Sensex is 74,119 and for the Nifty is 22,493 hit on March 7.

₹139.8 a share at the end of the December quarter. The Nifty Midcap index saw its EPS rise a whopping 87% y-o-y to ₹171.8 over the same period. Prabhu expects earnings growth in smids to be in healthy double digits.

RIA Clearstead Advisors is boosting its status among top wealth managers as it secures the assets of Virginia-based Wilbanks Smith and Thomas Asset Management.

Behind the blockbuster success of drugs like Ozempic and Wegovy is a less-noticed phenomenon: Some people don’t lose much weight on them. There is wide variation in weight loss on these types of drugs, called GLP-1s. Doctors say roughly 10% to 15% of people who try them are “non-responders," typically defined as those who lose less than 5% of their body weight.

BSE Midcap index rose 1.64 per cent while the Smallcap index jumped 2.98 per cent. The overall market capitalisation (mcap) of BSE-listed firms rose to nearly ₹393.2 lakh crore from nearly ₹387 lakh crore in the previous session, making investors richer by nearly ₹6.2 lakh crore in a single session. Nearly 170 stocks, including Larsen & Toubro, Tata Steel, Adani Ports, DLF, Ambuja Cements, IndiGo, ICICI Prudential Life Insurance Company and Grasim Industries, hit their fresh 52-week highs in intraday trade on BSE.

Rural India has not been marching in step with the overall economy. The disparity grew during the pandemic when the rural demand was badly hit and poor weather later depressed it further. But an important indicator has revealed an uptick in rural demand. Motorcycle and scooter sales in India, a significant proxy for demand in rural areas, likely grew in double-digits in the financial year 2023-24, crossing pre-Covid levels, buoyed by sustained revival in demand in urban as well as rural markets. Also Read: India's motorcycle and scooter sales likely crossed pre-Covid levels in FY 23-24