Rights Financial News

Boris Becker was released from bankruptcy proceedings in a London court after the presiding judge determined he had taken all reasonable steps to settle his debts with creditors, who were owed tens of millions of pounds, as per Reuters. Despite falling significantly short of repaying the nearly 50 million pounds ($62.5 million) he owed, Chief Insolvency and Companies Court Judge Nicholas Briggs concluded that discontinuing the case was the just course of action due to Becker's earnest efforts, the report added.

Groww said, "The Groww Nifty Non-Cyclical Index fund is India’s first index fund, which enables people to invest in the top stocks from consumer industries such as FMCG, Textiles, etc., These companies manufacture items we need in our daily lives and tend to be slightly more insulated from economic cycles and therefore are seen as non-cyclical sectors." Investors can invest under the scheme with a minimum investment of ₹500 per plan/ option and in multiples of Re 1. There is no upper limit for investment. Under normal circumstances, the asset allocation (% of net assets) of the scheme’s portfolio will be as follows: Debt and Money Market Instruments: The scheme will invest in debt and money market instruments.

PNB Housing Finance plans to grow its loan portfolio by a minimum 17% in FY25, which would be the highest since 2019 as the lender is going full throttle on business expansion backed by comfortable capital position. About 97% of its business is now retail lending including the affordable housing segment.

India ranks below Pak at 159 among 180 countries in World Press Freedom Index Khan has lamented the sorry state of affairs in Pakistan where political leaders like him languish in jail and said all that is left for the powerful military leadership was to "murder" him. The powerful army, which has ruled Pakistan for more than half of its 75-plus years of existence, has wielded considerable power in matters of security and foreign policy.

₹28,499), a health tracker with a bunch of sensors, including a heart rate monitor, a six-axis motion sensing unit and a skin temperature sensor, all packed into an 8mm wide, 2.4mm thick titanium ring. As with the Luna Ring ( ₹19,999), it’s light and unobtrusive, so much so that one didn’t notice its existence on the finger beyond the first week. It comes in 10 sizes and five finishes; a sizing kit is sent as soon as you place your order to ensure a correct fit.

Heatwave alert issued in THESE states; heavy to very heavy rains in North East Maximum temperatures settled in the range of 43-46 degrees Celsius in parts of Andhra Pradesh, Telangana, Odisha, Vidarbha, Madhya Maharashtra and 40-43 degrees in parts of Gangetic West Bengal, Marathwada and north interior Karnataka, Rajasthan, Uttar Pradesh, Jharkhand, Chhattisgarh, Madhya Pradesh and Gujarat. The IMD said the ongoing heatwave spell will continue until May 5-6 and abate thereafter in east India and the southern peninsular region.

Sixth Street, the investment firm that owns a 20% stake in the San Antonio Spurs, is planning to raise its first fund dedicated to the sports ecosystem, according to people with knowledge of the matter.

Congress leader Rahul Gandhi has decided to contest from Uttar Pradesh's Raebareli after «sensing defeat» in Wayanad. He also said that Congress' tally will not cross 50 and would be at an «all time low». «I have already said that Shehzada will get defeated in Wayanad. After completion of votes in Kerala, he is now contesting in Raebareli. Their senior leader (Sonia Gandhi) quit her Lok Sabha seat and entered Parliament through the Rajya Sabha from Rajasthan. They say 'daro mat' but I am saying 'arre daro mat, bhaggo mat' (Don't be scared, don't run away),» Modi said during his public rallies. «The Congress, with less than 50 seats, and the Trinamool with 15 seats in Bengal, will not be able to form a government at the Centre,» he said, adding, «The Congress will get less seats than before, they are contesting in lesser seats,» Modi said. The PM held three rallies in West Bengal — at Krishnanagar, Bardhaman and Bolpur — on Friday.

Election Commission to address the problem of "namesake" candidates in Lok Sabha elections 2024. After a bench headed by Justice B R Gavai showed disinclination to entertain the plea, the petitioner's counsel sought permission to withdraw it.

Rahul Gandhi filed his nomination from Uttar Pradesh's Raebareli, his Wayanad rival Annie Raja cited that the Congress party should have informed the people of Wayanad of the possibility, even if it was a ‘last-minute decision’. Noting that it is a question of morality, the Communist Party of India candidate stated that Wayanad voters have the right to know that if he wins from both the constituencies, where would he resign from. "I am very sure that it is not a certain decision.

Maharashtra Deputy Chief Minister Ajit Pawar has said he should have parted ways with his uncle Sharad Pawar in 2004 itself when the Nationalist Congress Party (NCP) gave up its claim on the chief minister's post while forming a government in the state in alliance with Congress. Speaking at a campaign rally at Indapur in Pune district for his wife Sunetra Pawar who is pitted against sitting MP and his cousin Supriya Sule of NCP (Sharad Pawar) in the Baramati Lok Sabha constituency, Pawar said when his uncle made any unexpected political moves, it was called strategy, while his own political decisions are described as betrayal.

A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a «scapegoat» and failing to take its share of responsibility for missing the trades.

CBI and ED on Friday on former deputy chief minister Manish Sisodia's pleas seeking bail in the corruption and money-laundering cases lodged by the agencies in relation to the alleged excise policy scam. Justice Swarana Kanta Sharma issued notices to the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) on Sisodia's pleas challenging a trial court's April 30 order by which his bail petitions were dismissed. The high court listed the matter for further hearing on May 8. Sisodia's lawyers said an application has also been filed seeking an interim relief for the continuation of the trial court's order allowing him to meet his ailing wife once a week in custody during the pendency of his bail pleas.

Devina Mehra, Chairperson, MD & Founder,First Global, says: “Capital goods, industrial is now consensus trade. We went overweight on it in October 2021 when it was considered a dark sector. It took the market another two years to discover it. The Stocks have doubled, tripled, even quadrupled and we have been cutting exposure. We have been changing the stocks, but we do not hold as much as we used to, but we still are overweight. But that story may well get over in some quarters. On the other hand, the stocks which we still like are auto, pharma and some construction. While we are not hugely overweight on IT, we are waiting for it to bottom out. Sometime this year that will be the big opportunity.”

Britney Spears has recently made headlines following reports of an incident at the Chateau Marmont hotel in Los Angeles. According to multiple sources, including Daily Mail and TMZ, the pop icon was involved in an altercation with her rumoured boyfriend, Paul Richard Soliz. Reports claim that paramedics were called to the scene, sparking concerns about Spears' well-being and mental health. Several images circulated on social media showing Spears leaving the hotel barefoot and wrapped in a blanket, holding a pillow. While some reports suggested she was topless during this incident, Spears has refuted these claims on her Instagram account.

Student demonstrations spreading across U.S. campuses have drawn attention in Beijing, where comments by some officials and state media have conveyed sympathy for the protesters and criticism of what is seen as a U.S. double standard on protest crackdowns.

Who won yesterday IPL match? Top highlights of last night's SRH vs RR match Speaking at the pre-match presentation, Parag said, “I got a lot of areas to improve. I am not in my best form, I would have finished the game otherwise. I got a lot of areas to perfect.

Amol Joshi, Founder, PlanRupee Investment Services, says: “A liquid fund is nothing but one type of a debt or fixed income mutual fund and from there you do STP, that is systematic transfer plan, that is just one example how even an equity investor would benefit by using debt mutual fund, something like liquid fund.” What exactly is a debt mutual fund? How is it different from an equity mutual fund? Amol Joshi: Equity funds are popular and hence well understood by investors. Equity funds invest into equity stocks and shares. Similarly, debt mutual funds invest into debt securities though debt securities could be an instrument called a CD, that is certificate of deposit issued by banks or more commonly a debt mutual fund or a fixed income mutual fund is a mutual fund that invests into various debt instruments like CDs is one we discussed and bonds issued by various issuers. Those various issuers could be government issuers, there are government bonds.

Abhijit Chokshi, Founder, Stockifi.in, says that in the midcap space, he likes Aarti Pharmaceuticals. One of their products is APIs for caffeine and they are one of the top three players in that and the market cap right now is barely Rs 4,000-5,000 crore. He says both Aarti Pharma and Aarti Surfactants will do really well going forward. In terms of the result reactions that we have seen of late – be it Federal Bank today, the South Indian Bank numbers and the other names as well the entire stock equity ecosystem including the KFin Technologies of the world – did anything stand out from financials and stock market ancillaries? Abhijit Chokshi: I am betting mainly on PSU banks. Even though there is a lot of buzz that PSU banks are done with their rally, I believe banks like SBI, PNB will continue the rally going forward. I am expecting numbers to improve for these PSU banks. I am generally bullish on the PSU sector and specifically want to focus on banks. PNB and SBI are my picks.

₹7,400.00 apiece on the BSE. Meanwhile, Bajaj Finserv shares also surged more than 6%.