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During the week, over 400 smallcap stocks delivered negative returns with 23 of them falling in double-digits. Suratwala Business Group was the top loser with a negative 53% return, followed by Best Agrolife (-31%), Dee Development Engineers (-27%), and PTC Industries (-21%).

Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia provided support while there was continued uncertainty about a potential peace deal in Ukraine. Brent futures fell $1.80, or 2.35%, to $74.68 a barrel by 1:17 p.m. ET, while U.S. West Texas Intermediate crude fell $1.81, or 2.5%, to $70.67.

Randhir Jaiswal told reporters in response to a query during his weekly briefing.

OpenAI said Friday that it had uncovered evidence that a Chinese security operation had built an artificial intelligence-powered surveillance tool to gather real-time reports about anti-Chinese posts on social media services in Western countries.

International Masters League (IML) is set to kick off with a thrilling showdown between Sachin Tendulkar’s India Masters and Kumar Sangakkara’s Sri Lanka Masters on February 22. As excitement builds for this much-anticipated tournament, the league has secured a stellar roster of sponsors and partners.

Cryptocurrency giant Coinbase said on Friday that the SEC has agreed to drop its 2023 lawsuit against the company, signaling that the Trump administration is delivering on a campaign promise to end tight oversight of the industry.

As it stands, the conservative favourite, Friedrich Merz, and his Christian Democratic Union (CDU) party are expected to be the largest party in the Bundestag, but it is unlikely that any party will gain enough seats for an outright majority in the lower house.  According to polling from YouGov, the CDU/CSU is expected to return just under 30% of the vote, with the nationalist AfD coming in second and at almost 20% of the vote. Meanwhile, the Social Democratic Party of Germany (SDP), of which Chancellor Olaf Scholz belongs, is expected to secure only 16% of the total number of votes. ...

Austin FC will host Sporting Kansas City in an MLS Western Conference fixture at the Q2 Stadium on Sunday, February 23.

Subscribe to enjoy similar stories. Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch said on Friday that there was no need for the regulator to comment on the recent slump in mid- and small-cap stocks, pockets of the market whose high valuations had prompted her to raise concerns last year.

Silver is poised to hit a target of Rs 1,17,000 in the next 12 months according to estimates given by Samco Securities. The steam in white metal remains intact notwithstanding a 41% uptick since December 2022 and multiple tailwinds are likely to drive the silver bulls, this brokerage opines. Silver is trading in a greed phase which began in January 2023 and will stay there till April 2025, Apurva Sheth, Head of Market Perspectives & Research said.

Q. I am recently widowed and heading into retirement. My husband and I accumulated a significant value in registered retirement savings plans (RRSPs), and had done our financial planning based on our ability to income split once we had to convert the RRSPs to registered retirement income funds (RRIFs.) Now, that window is closed for me. Any suggestions on how to avoid this increased tax burden?

Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised deductions and delayed refunds, say experts. Insurance Regulatory and Development Authority of India (Irdai) has directed life and health insurers to provide Bima-ASBA, a facility wherein a policyholder blocks the amount towards premium in his or her bank account which gets debited only when the policy is issued.

Kalinga Institute of Industrial Technology (KIIT) University in Odisha, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal on Friday expressed deep sorrow and extended condolences.

stock brokers in a bid to boost financial consumer protection alongside enhancing financial inclusion and financial literacy. This came in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0 — a web based centralised grievance redressal system of Sebi. The modified charter includes vision, mission, services provided to investors by brokers, various activities of brokers with timelines, Dos and Don'ts for investors, grievance redressal mechanism and handling of investor's claims in case of default of a trading member along with the format for investor complaints data to be displayed by brokers on their respective websites and trend of annual disposal of complaints.

The statement offers more details on measures Singapore's equities market review group announced on February 13 to revive its stock market that has come under pressure from a dearth of mega listings and softer trading liquidity.

Mahindra Group has announced a strategic partnership with US-based defence technology company Anduril Industries. Anduril Industries, Inc. is an American defence technology company that specializes in advanced autonomous systems.

stocks rallied as much as 15% in Mumbai trading on Friday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the red amid brisk selling in frontline bluechip counters. Stocks that surged in excess of 15% included, Nakoda Group Of Ind(PP)(19.94%), Narayani Steels(19.92%), Religare(18.96%), IKIO Lighting(18.82%), Envair Electro(17.96%), ETT Ltd(16.51%) and Saboo Sodium(15.08%).

Gold has always been a symbol of wealth and security, but for modern investors, the shine now comes in digital form. Exchange-traded funds (ETFs) tracking gold have gained significant traction in India, offering investors an alternative to physical gold.