Research Financial News

This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in emerging markets, and the government’s aspiration to make India the world’s third largest economy from the current fifth position.

BANGKOK (Reuters) — Thailand will ban the recreational use of marijuana by the end of this year, but continue allowing its use for medical purposes, the health minister told Reuters in an interview.

By Richa Naidu and Casey Hall

Kaustubh Gupta, Co-Head – Fixed Income, ABSL AMC, says “post Covid, change has become even more pertinent, in the sense that for the first time, the uncertainties on economics, geopolitics, fiscal response and the impact of monetary policy response is paramount and which is why at least as far as the global platform is concerned, we are living in a little bit of uncertain, uncharted territory which opens both opportunities for India and threats for India. On global economy & India’s position in it Kaustubh Gupta: We think that we have this ability to predict the future, but we are living in a bit of an uncertain environment. So, when Dr Krugman and Larry Summers were on opposite sides last year and what actually played out in 2023 was in nobody’s radar. The global economy was expected to slip into recession because of the unprecedented rise in interest rate, but 2023 turned out to be a lot more resilient.

GPT Healthcare IPO listing date: After the announcement of share allotment, the GPT Healthcare IPO listing date has been fixed on 29th February 2024. As per the information available on the BSE website, GPT Healthcare shares will be listed on BSE and NSE in a special pre-opening session on 29th February 2024 i.e. today.

repo rate steady at 6.5 per cent for the sixth straight meeting this month and decided to focus on the withdrawal of accommodation. RBI Governor Shaktikanta Das has reiterated that the policy imperative at the current juncture is to remain focused on achieving the four per cent inflation target on a durable basis, keeping in mind the objective of growth.

Now that independent broker-dealers are competing in the red-hot mergers and acquisitions market to buy registered investment advisors and wealth managers, they’re paying millions of dollars for financial advisors’ business, the same non-employee advisors who were already registered with the firms.

A just-launched meme token called FrogWifHat (FWIW) is generating a significant buzz within web3 circles as it attempts to emulate the viral success of its predecessor Dogwifhat (WIF), with three crypto experts predicting this new coin might 50x in March.

Chatbots are spitting out fabricated and misleading information that risks disenfranchising voters leading up to the 2024 U.S. election

Local activists and international environmental groups want Nigeria’s government to delay approving the $2.4 billion sale of oil company Shell’s onshore assets

A paper published by campaign group Positive Money this morning (28 February) argued the Bank of England's acceptance of fossil fuel assets as collateral when providing loans to financial firms effectively provides a «hidden subsidy» to coal, oil, and gas companies. The research calculates the Bank has allocated £165bn to banks and other financial firms since 2014 through just one of a number of schemes where it lends public money to banks against collateral, which can include government bonds but also debt issued by corporations. Companies whose bonds are currently accepted by the ba...

He joined in November 2016 to head the team researching for third-party managers across liquid strategies. Aylward also managed a range of multi- and single asset solutions, both as mandates and funds, sold via Barclays' WM distribution channel. Barclays names private bank and wealth management CEO He was also chair of Barclays' manager selection and responsible investment committees, as well as a member of the TISA responsible and sustainable investment committee. Prior to joining, he was an investment director and head of manager research at Punter Southall Aspire and head of mul...

NEW DELHI : The government does not have an immediate plan to resume talks with protesting farmers, but it will find a solution soon, Union agriculture and farmers' welfare minister Arjun Munda said on Wednesday. He is in a group of ministers engaging with farmers on their current protests. The fourth round of talks which took place over a week ago in Chandigarh was inconclusive, driving farmers to resume their ‘Delhi chalo’ protest.

As the financial challenges confronting American workers snowball into a full-blown retirement crisis, the National Institute on Retirement Security has joined the growing chorus calling for action.

Climate change may be causing more competition for food in oceans, leading to a reduction in the weight of fish, according to a study. Researchers at the University of Tokyo in Japan found that fish weight in the western North Pacific Ocean dipped in the 2010s due to warmer water limiting food supplies. They attributed the first period of weight loss to greater numbers of Japanese sardines, which increased competition with other species for food. «With higher temperatures, the ocean's upper layer becomes more stratified, and previous research has shown that larger plankton are replaced with smaller plankton and less nutritious gelatinous species, such as jellyfish,» Professor Shin-ichi Ito from the University of Tokyo said.

reliance on inhalers by patients with poorly controlled asthma has been calculated to significantly contribute to overall carbon footprint, according to a new UK research published in the British Medical Journal. Examining health records of more than 236,000 people with asthma, researchers found that the overall carbon footprint attributed to asthma care added up to 750,540 tonnes of carbon dioxide equivalent (CO2e) of greenhouse gas emissions per year when scaled to the entire UK asthma population. The records were submitted to the clinical database 'Clinical Practice Research Datalink' between 2008 and 2019. In nearly half of these patients (47 per cent), asthma was poorly controlled and contributed to excess greenhouse gas (GHG) emissions of 303,874 tonnes CO2e per year, equivalent to emissions from more than 124,000 homes in the UK, the researchers estimated. They categorised poorly controlled asthma as involving three or more short-acting beta-agonists (SABAs) reliever inhalers in a year, along with episodes of severe worsening symptoms.

A new crop of nefarious chatbots with names like “BadGPT" and “FraudGPT" are springing up on the darkest corners of the web, as cybercriminals look to tap the same artificial intelligence behind OpenAI’s ChatGPT. Just as some office workers use ChatGPT to write better emails, hackers are using manipulated versions of AI chatbots to turbocharge their phishing emails.

prime minister called MGR an “incomparable leader" besides referring to Jayalalithaa’s governance as the hallmark of dedicated service to the people of the state Some analysts said the comments were PM Modi's appeal to the All India Anna Dravida Munnetra Kazhagam (AIADMK) vote bank while others said that it was his indirect reach-out to AIADMK, the opposition party in Tamil Nadu that was a BJP ally until September last year. On Wednesday, PM Modi called the Dravida Munnetra Kazhagam (DMK) leaders ‘blind’, over a state minister’s ad for a new Indian Space Research Organisation (ISRO) spaceport featuring an image of a rocket with the Chinese flag symbol.

Microsoft co-founder Bill Gates visited the tech giant's India Development Center (IDC) in Hyderabad, the company said. Gates addressed some of India's brightest engineering minds at the IDC, Rajiv Kumar, managing director, Microsoft IDC, and CVP, experiences + devices India said as he shared Gates' «optimism over the opportunity for an AI-powered India». «History comes full circle as philanthropist and Microsoft co-founder Bill Gates paid a visit to the Microsoft India Development Center (IDC)...a center of innovation he envisioned in 1998,» the company said in a note capturing Gates' Tuesday visit.

Hindustan Times. The researchers and doctors at the institute have reportedly worked for 10 years and have now come up with a tablet which they claimed would stop the occurrence of cancer for the second time in patients.

Kamath, which many doctors also refuted. Retweeting the suggestions, Dr Pramesh wrote: “A thread that demonstrates how life-threatening social media can be... Please don’t follow random ‘influencers’ who don’t have true science to back them beyond ‘Trust me bro’".