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Silver prices also climbed Rs 100 to Rs 91,400 per kg. It had ended at Rs 91,300 per kg in the previous session.

China’s securities regulator plans to step up oversight on companies listed on the Star Market, the country’s Nasdaq-style tech board, as part of reform measures to contain market volatility. The China Securities Regulatory Commission said Wednesday that it will enhance oversight on all companies listed on the Shanghai Science and Technology Board, or the Star Market, under the Shanghai Stock Exchange. The regulator said it will prioritize supporting companies with innovative and cutting-edge technologies in listing on the board.

—Name withheld on requestYour asset allocation, with an 85:15 equity-to-debt ratio, is commendable for long-term growth, particularly given your systematic investment plans (SIPs) in diversified mutual funds. To optimize your portfolio for your children's education and your retirement, consider the following strategies. For education goal planning, your estimated requirement of ₹3 crore today is projected to increase to approximately ₹5.92 crore in 8 years, assuming a 7% inflation rate.

North Dakota’s financial regulatory authority has joined other US states in withdrawing Binance.US’ money transmission license.

₹336 crore, the private lender announced on Wednesday.The bank's board of directors approved the acquisition of Max Life shares, increasing the total holding of Axis entities in the insurance firm from 19.02% to 19.99 per cent.“In this regard, we would now like to inform you that the Acquisitions, Divestments and Merger Committee of the Board of Directors of the Bank at its meeting held on June 19, 2024, has approved a proposal for acquisition of additional equity shares of Max Life by the Bank for an amount of upto ₹336 crore, thereby increasing the aggregate shareholding of the Axis Entities from 19.02% to 19.99%," the company said in the exchange filing.This strategic move comes after Axis Bank received regulatory approval in August 2023 to inject ₹1,612 crore into Max Life Insurance by subscribing to shares on a preferential basis, initially increasing Axis entities' stake to 19.02%.In 2021, Axis Bank announced its deal to acquire a stake in Max Life Insurance Co, a subsidiary of Max Financial Services.The Axis entities include Axis Bank, investment solutions provider Axis Securities, and financial services provider Axis Capital.Following the announcement, shares of Axis Bank, India's fifth largest by market capitalization, rose by as much as 2.2 per cent, making it one of the top gainers on the Nifty 50 index.In April, Axis entities had increased their stake in Max Life from 12.99 per cent to 19.02 per cent, initially acquiring a stake in the company in 2020.Max Financial Services, the holding company of Max Life Insurance, engages in investment business and provides management advisory services.Milestone Alert! Livemint tops charts as the fastest growing news website in the world

investors’ easy way to profit is to pile on to the `likes’ of companies that are successful in their area of business. Globally, the popular theme playing out these days is the chip, memory chip! Nvidia’s rise to the top of the market capitalisation pile has brought in its share of enthusiasts and skeptics. Its eye-popping market value topping $3.3 trillion — towering above Microsoft, Apple and everything else from Walmart to Meta and Alphabet (Google) — is making investors search for the next Nvidia.

Vedanta, citing multiple positives such as operational efficiencies, cost reduction, improved EBITDA estimates and visibility on demerger along with capex plans driving the next phase of growth. The average of revised price targets given by the six brokerages and research firms such as Nuvama, Phillip Capital, IIFL, CLSA, Motilal Oswal Financial Services and Investec, is Rs 536, indicating a 19% upside over Vedanta's closing price of Rs 450.

Also Read: Seeking a loan with a poor CIBIL score? Here are 3 key tips to help you secure fundsIt is a type of credit card issued against the security of a fixed deposit. If you don't have a CIBIL score, you can open a new fixed deposit or offer an existing fixed deposit and ask the bank to offer you a secured credit card against it.The credit limit issued against a secured credit card depends on the fixed deposit amount.

Realty also depicts similar trends, showing a growing number of high-net-worth individuals, including NRIs, considering purchasing luxury real estate in India. Amidst these developments, the demand for luxury homes is increasing phenomenally as the growing affluent class aspires for superior amenities, spacious living areas, distinctive designs, prestigious addresses, a healthy lifestyle, and a high return on investment.Moreover, the uptick in NRI participation reflects renewed confidence in the Indian property market and the appeal of investing in premium and luxury real estate, particularly in Goa, Mumbai, and Delhi-NCR.A very interesting fact is unveiled in the Luxury Outlook Survey 2024.

A sector’s contribution is traditionally assessed through economic metrics. However, in today’s complex geopolitical landscape, the significance of port infrastructure transcends these measures. This sector holds strategic importance for India’s economic vitality, geopolitical influence and national security.

income tax return (ITR) form.To start with, you need the Annual Information Statement (AIS), which is essential for filing your ITR in India, serving as a comprehensive record of all your financial transactions reported to the Income Tax department. Here’s an overview of its significance and how it complements Form 26AS:Scope: The AIS offers a broader spectrum of information compared to Form 26AS.

Bank Nifty was up by 322.7(0.64%) at 19 Jun 2024 10:44:55 IST.Other stocks such as Ascom Leasing & Investments, Secur Credentials, POPULAR VEHICLES AND SERVICES ORD, QUEST LABORATORIES ORD hit their fresh 52 wk lows today.

«Today also I am feeling the same thing that there is a froth in this market, there is a froth in SME, there is a froth in IPO and of course many stocks. The retailer investors, as you say are innocent people, so they should be careful,» says Vijay Kedia, MD, Kedia Securities. What is your view on the market? You have been ever bullish on the markets we know that. But what are the big themes that you are looking forward to because this is the event that we are having after the new government that has been formed, so the kind of themes that are emerging out to the market, is there anything new theme that you are looking forward to? Vijay Kedia: I do not know. I am still following the old themes of infrastructure and manufacturing.

Justin Trudeau has said that he sees a new opening to engage with India on «some „very serious“ issues on national security after the return of Prime Minister Narendra Modi to office for a third consecutive term. In an interview to CBC News on Monday on the eve of the anniversary of the killing of Khalistani terrorist Hardeep Singh Nijjar, Trudeau said, „Now that he's through his election, I think there is an opportunity for us to engage, including on some very serious issues around national security and keeping Canadians safe and the rule of law.“ Trudeau's remarks follow his meeting with Prime Minister Modi in Italy during the G7 Summit where India was invited as an Outreach country. PM Modi had tweeted a photograph of himself with the Canadian PM as they shook hands.

On the BSE, Aditya Ispat(down 15.65 per cent), Banas Finance(down 12.55 per cent), Money Masters(down 9.96 per cent), Sonalis Consumer Pro(down 9.94 per cent) and Innovative Tech(down 8.99 per cent) were among the stocks that plunged over 5 per cent during the session.

The net proceeds from the fresh issue will be used towards funding working capital requirements, debt repayment, and other general corporate purposes.

₹71,740 per 10 gm but soon came under the sell-off pressure and touched an intraday low of ₹71,645. According to commodity market experts, gold prices today are trading flat as the market has already discounted the disappointing US retail sales data.

divorce rates in the world, currently estimated at around 1.1%, India has seen a steady increase in divorce cases in recent years. This trend is attributed to the growing complexities of modern life, as noted in a report by the United Nations.Divorce is a challenging journey, especially when children are involved.

Reasons to buyReasons to avoidThe JBL Live 225TWS earbuds offer customizable sound through the My JBL Headphones app, allowing you to personalize your listening experience. With dual connect technology, you can use either earbud independently, and the sleek design ensures a comfortable and secure fit.

State Bank of India: SBI has initiated discussions with market participants to raise around ₹10,000 crore ($1.20 billion) through infrastructure bonds.Indus Towers: Vodafone Group Plc will sell a 9.94% stake in Indus Towers through a bulk deal at a price range of ₹310- ₹341 per share. The sale, which is slated to open on Wednesday, is managed by Morgan Stanley, BofA Securities, Jefferies, and BNP Paribas.Housing and Urban Development Corporation: HUDCO has raised $200 million (JPY 30 billion) in its first venture into the syndicated loan market.

Two employees of the U.S. Agriculture Department were assaulted and temporarily held by assailants in the Mexican state of Michoacan, prompting the U.S. government to suspend inspections of avocado and mango shipments