Rowing Financial News

Breakout stocks to buy or sell: Following strong global markets, the Indian stock market ended higher for the twelfth straight session on Friday last week. The Nifty 50 index registered its best winning streak since its launch in 1996 by rising on the 12th day in a row. The 50-stock index finished 83 points higher at the 25,235 mark, the BSE Sensex shot up 231 points and closed at 82,365, whereas the Nifty Bank index ended 198 points higher at 51,351.

“Deadpool & Wolverine" ruled the box office on a weekend of quiet openings and low theater attendance as the summer movie season came to an anticlimactic close

Botic van de Zandschulp, 28, currently ranked No. 78 in the world, is no stranger to big upsets. At his peak in August 2022, he reached No. 22 in the rankings, a year where he set new career highs 14 times, ending with a 38-29 record in men’s singles matches.

Similarly, core PCE – which excludes food and energy prices – was 2.6%, remaining unchanged for the third month in a row. The latest figures released today (30 August) signalled more accommodating conditions for a potential Fed rate cut in September, which markets are widely anticipating. US inflation dips below 3% for the first time since 2021 The central bank's chair Jerome Powell said «the time has come for policy to adjust» last week at the Jackson Hole summit, confirming markets' current expectations. Greg Wilensky, head of US fixed income at Janus Henderson, said PCE infla...

The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year

The Fountain, produced by Darren Aronofsky and Ari Handel, about a man searching for everlasting youth, had this chilling dialogue: “Death is a disease, it’s like any other. And there’s a cure. A cure—and I will find it." No other words are more apt than this film dialogue to describe this moment in human endeavour when Death is the unparalleled villain.

Canada’s Bank of Montreal on Tuesday reported quarterly profit below analysts’ estimates, its sixth miss in a row, hurt by weakness in its U.S. retail segment and as the lender made bigger than expected provisions for potential bad loans.

Jindal Steel. He emphasised that the Cabinet has decided to implement the order issued on May 6, 2021, during the B S Yediyurappa-led BJP government, following a High Court directive on March 12, 2024. Karnataka Cabinet on Thursday gave its approval for executing an absolute sale deed for 2,000.58 acres of land at Kurekuppa and Toranagallu villages in Sandur taluk, and 1,666.73 acres of land at Toranagallu, Musinayakanahalli and Yerabanahalli, in favour of JSW Steel. JSW Steel will get 2,000.58 acres at Rs 1.22 lakh per acre and 1,666.73 acres at Rs 1.50 lakh per acre.

Congress high command threw its weight behind Karnataka chief minister Siddaramaiah over land allotment controversy and termed it as a BJP plot to destabilise the state government. Siddaramaih and deputy chief minister DK Shivakumar travelled to Delhi on Friday afternoon for a meeting with Congress president Mallikarjun Kharge, Rahul Gandhi and senior party leaders to discuss political developments in Karnataka. This was their second visit to Delhi within a month. Emerging from the meeting, Congress general secretary Randeep Surjewala told reporters that this was BJP's ploy to target their "Dalit chief minister". «We stand behind our chief minister and stand united,» said Surjewala. The meeting came amid a controversy over land allotments in Mysuru to Siddaramaiah's wife. On August 16, Karnataka Governor granted sanction to three private individuals to file a police complaint against the CM and others.

Raveendran, the embattled founder of Byju's, appeared close to settling his company's payment dispute of Rs 158 crore with the Indian cricket board after approval by the National Company Law Appellate Tribunal (NCLAT). However, on August 14, theSupreme Court intervened by staying the NCLAT order that had approved the settlement agreement between Think & Learn Pvt Ltd--Byju's parent company--and the Board of Control for Cricket in India (BCCI), adding to the woes of the troubled edtech firm. On Thursday, the apex court rejected pleas by Byju's and BCCI to halt a meeting of the Committee of Creditors (CoC) in its ongoing insolvency case. The court will hear the matter next on August 27.

If new car prices look daunting, then consider a used electric vehicle

Shiloh, the daughter of Angelina Jolie and Brad Pitt, has been granted her request to legally change her name and officially be known as Shiloh Nouvel Jolie.

central government departments through lateral entry following a request from the Centre, which was forced to take the step following backlash from both BJP allies and Opposition. They had dubbed the move «anti-reservation». A day after Opposition and BJP allies — Chirag Paswan and Janata Dal (United) — expressed concerns over the issue of lateral entry, Union minister of state for personnel Jitendra Singh wrote to UPSC chairperson Preeti Sudan, urging her to cancel the advertisement. In the letter, Singh said that for Prime Minister Narendra Modi reservation in public employment is a cornerstone of «our social justice framework», aimed at addressing historical injustices and promoting inclusivity.

A woman says a stranger followed her family around an airport terminal and on to a Delta Air Lines plane even though he didn't have a boarding pass for the flight

Indian politics doesn't even take tea breaks. The latest parliamental drama is a squabble over who sat where at the 15th August bash at Red Fort.

Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected

Congress on Thursday questioned the government, particularly the Ministry of Defence, for not providing a seat to Rahul Gandhi in the first row at the Red Fort Independence Day event despite him being the leader of opposition in the Lok Sabha. While Congress MP Vivek Tankha said Gandhi was seated in the «fourth row», Congress spokesperson Supriya Shrinate later alleged that the Modi government showed «its pettiness and lack of respect for democratic conventions» by seating LoP Gandhi in the «fifth row». A couple years ago, when the party had questioned the government after LoP, Rajya Sabha, Mallikarjun Kharge was similarly seated during the Independence Day event, the ruling side responded by citing the order of precedence in protocol and the precedents from the past regimes.

Independence Day, Prime Minister Narendra Modi's address from the Red Fort was accompanied by an unusual focus on Leader of the Opposition Rahul Gandhi. Seated in the second last row, Gandhi was positioned next to Olympic hockey forward Gurjant Singh. This seating arrangement, which deviated from traditional protocol, has generated considerable social media discussion. Seating Protocol and Changes Typically, the Leader of the Opposition in the Lok Sabha, whose rank is equivalent to that of a Cabinet Minister, is given a seat in the front row during Independence Day celebrations. However, this year’s front rows were allocated to Olympic medallists. Olympic gold medalists Manu Bhaker and Sarabjot Singh, as well as members of the bronze-winning hockey team, including captain Harmanpreet Singh and PR Sreejesh, occupied these prime seats. According to sources from the Ministry of Defence, which organizes the Independence Day event, Rahul Gandhi was placed in the fifth row as the front rows were reserved for the athletes. The Ministry stated that Gandhi did not request any special arrangements.

Narendra Modi will unfurl the national flag for the 11th consecutive time on Thursday, marking this year's Independence Day. He is expected to outline his government's agenda, present a progress report, make key policy announcements, and addresses pressing issues during his address from the Red Fort. Notably this will be Modi's first Independence Day address of his third term. He will surpass Manmohan Singh who unfurled the tricolour 10 times between 2004 and 2014, and behind Jawaharlal Nehru and Indira Gandhi, who did so 17 and 16 times respectively. The theme of 'Viksit Bharat' is expected to be a core focus of his address. There is also anticipation that the ongoing crisis in Bangladesh, particularly the targeting of minority Hindus, may be mentioned, given the strong stance taken by Hindutva groups who have rallied around the issue.

Hindenburg dropped a bomb last week accusing the chairperson of Secutiries and Exchange Bureau of India (Sebi) Madhabi Puri Buch and her husband of investing in offshore funds which was used by two Adani associates to round-trip funds and inflate stock prices. Amid the row, industrialist Harsh Goenka has a funny take on this. He shared a funny video showing how a man pretends to spike one's drink to manipulate the other person. Goenka wrote, «Understand in a simple way how Hindenburg works.»

Narendra Modi government over the Hindenburg Research's allegations against SEBI chairperson Madhabi Buch, the Congress on Monday threatened to launch a nationwide protest if its demand for a JPC (Joint Parliamentary Committee) probe into the matter is not accepted. AICC general secretary (Organisation), K C Venugopal, described the allegations as «very serious» and accused the Prime Minister of supporting Adani on the matter. «The Prime Minister's silence on the matter amounts to a destruction of credibility,» Venugopal told reporters at the airport here.