Security Financial News

Summer—a time for relaxation, adventure, and a well-deserved break for young adults. While it's tempting to indulge in leisure activities, this season also presents a golden opportunity to kick-start your financial journey. 

One of the biggest worries of elders (above 60), who don’t have the security of a pension, is how to generate regular income for the rest of their lives. The other big problem is to ensure that the portfolio continues to grow (and beat inflation) and increase the portfolio longevity.

Yet another American tourist was arrested for carrying ammo into a Turks and Caicos airport on Monday, only a month after another U.S. citizen made international headlines for doing the same.

Q4 FY2024 results today: A total of 94 companies are scheduled to post their Q4 FY2024 earnings on May 16, including some of the most notable names in the market. Among them, Biocon, Hindustan Aeronautics, Mahindra & Mahindra, GAIL (India), Crompton Greaves Consumer Electricals, Vodafone Idea, JK Paper, and Endurance Technologies are set to release their financial results for the fourth quarter that ended on March 31.

Sensex fell 117.58 points, or 0.16%, to close at 72,987.03, while the Nifty 50 settled 17.30 points, or 0.08%, lower at 22,200.55. Nifty 50 formed a small negative candle on the daily chart with a minor upper and lower shadow. Also Read: Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US inflation to weak dollar “Technically, this pattern signals choppy movement in the market at the hurdle.

F&O ban list: Twelve stocks have been banned for trade on Thursday, May 16, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, these stocks will be available for trading in the cash market.

Top Events of the Day: Prime Minister Narendra Modi is set to address key rallies in Uttar Pradesh, while IBM announces a significant job expansion in Ireland, adding 800 AI-related positions. Meanwhile, Vedanta considers raising funds through equity shares, and NEET PG 2024's correction window closes today. France declares a state of emergency in New Caledonia amid violent protests.

₹22 lakh, most of which will be financed through a loan. Canada had upped the GIC from CAD $10,000 ( ₹6 lakh) to CAD $20,635 ( ₹12 lakh) effective from 2024. A GIC is similar to a secure investment and acts as a proof that the student has the means to live and pay for expenses in Canada.

New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers

Two Ontario men, including the self proclaimed “Crypto King” have been charged under the Criminal Code of Canada following a joint 16-month investigation by the Ontario Securities Commission and Durham Regional Police called Project Swan.

GameStop and other meme stocks are roaring once again, surging to dizzying heights suddenly and sharply

Yemeni authorities have deployed security forces and armored vehicles across the port city of Aden, in preparation for the latest in a series of protests over hours-long electricity outages caused by a shortage of fuel for power stations

Billionaire businessman and real estate mogul Frank McCourt says he’s putting together a consortium to purchase TikTok’s U.S. business

The DOL’s fiduciary rule is facing a fresh challenge in the legislature as a bicameral group of senators and house representatives seek to overturn it.

Frank McCourt, a real estate mogul with ambitions to improve the web, on Wednesday said he plans to build a consortium to bid for short-form video platform TikTok's US business. McCourt, a former owner of the Los Angeles Dodgers and executive chairman of investment firm McCourt Global, is an unlikely contender for the ByteDance Ltd-owned app. TikTok's US assets were valued at $35 billion to $40 billion by Bloomberg Intelligence analysts.

digital intelligence platform (DIP) to the servers of Amazon Web Services (AWS) from those run by state-run Bharat Sanchar Nigam (BSNL) and the Centre for Development of Telematics (C-DoT) triggered a fierce initial reaction from mobile phone companies. They seem to have backed down after the DoT told them that critical subscriber database records (SDRs) of customers won't be stored on AWS. The DIP is used to help fight cyber crimes and fraud. The Cellular Operators Association of India (COAI) had called the move «abrupt and unilateral» in a May 11 letter to DoT secretary Neeraj Mittal and telecom minister Ashwini Vaishnaw. COAI represents India's top telcos Reliance Jio, Bharti Airtel and Vodafone Idea. The carriers had added that the shift would compromise the privacy of consumers' personal data due to the inherent nature and architecture of such cloud-based solutions.

PSUs) are readying a coordinated strategy to secure overseas critical mineral assets. Coal India Ltd. (CIL), National Mineral Development Corporation (NMDC), ONGC Videsh Limited (OVL), besides Khanij Bidesh India Ltd.

82.06-meter effort, winning the silver medal, while Uttam Balasaheb Patil of Maharashtra clinched the bronze medal with a throw of 78.39 meters. Asian Games silver medalist Kishore Jena, who emerged as India's second-best javelin thrower at the tournament, didn't perform up to expectations. He was ranked fifth with a disappointing 75.49-meter throw.

MUMBAI : Sebi has relaxed the Know Your Customer (KYC) requirements for mutual fund (MF) investors, residents, and non-resident Indians (NRIs) following consumer feedback. Mint has seen a copy of a mail sent by the Securities and Exchange Board of India (Sebi) to industry participants. NRIs have been given a breather of one year for completing KYC requirements following representations from them about difficulty in passport validation.

Modi's assertion that the NDA's tally is going «400-paar» (400-plus) this Lok Sabha elections, Congress President Mallikarjun Kharge Wednesday said thankfully he is not talking about «600-paar» because there are only 543 parliamentary seats. Addressing a rally at Sarai Umar in the Harchandpur assembly segment here, Kharge also said he has signed all the «promises made by our party» and they will be fulfilled if the INDIA bloc forms government. «It's not like 'Modi ki guarantee' which is never fulfilled.» He launched a scathing attack on the PM, alleging his government is «cut off from the poor», and is working just for the interest of a handful of industrialists. People will bid goodbye to this dispensation and the opposition coalition will come to power after the results are announced in the first week of June, Kharge said. «Modi and the BJP have been talking about '400-paar',. fortunately they are not speaking about '600-paar' as there is a constitutional limit on the strength of Lok Sabha at 543 seats,» Kharge said.

Erica Stoll are set to part ways, according to a recent divorce filing. However, there were no reasons disclosed for this divorce, based on a recent report by 'New York Post'. Mcllroy and Stoll have a 3-year-old daughter Poppy from their seven years of marriage. The divorce filing has stated a split custody for the child.