Show Financial News
07.09 / 07:43
SUN
Parke
show
country
Aditya-L1 camera takes a selfie with Earth and Moon
selfie" and images of the Earth and the Moon taken by the camera on-board Aditya-L1 solar mission spacecraft. «Aditya-L1, destined for the Sun-Earth L1 point, takes a selfie and images of the Earth and the Moon,» the Bengaluru-headquartered national space agency said on 'X'. The images show VELC (Visible Emission Line Coronagraph) and SUIT (Solar Ultraviolet Imager) instruments as seen by the camera on-board Aditya-L1 on September 4, 2023.ISRO also shared the images of the Earth and Moon as seen by the camera. India's first-ever space expedition to study the Sun, the Aditya-L1 was launched at 11:50 am on Saturday from the Satish Dhawan Space Centre (SDSC-SHAR) in Andhra Pradesh's Sriharikota.
07.09 / 07:31
UPS
Target
BLOCK
show
Deal
Zomato shares climb 3% amid block deal, cross Rs 100 mark
Zomato climbed 3% to Rs 101 in Thursday's trade on BSE amid reports of a block deal executed on the counter. As per reports, on Thursday, 12 lakh equity shares of Zomato changed hands in a block deal. The buyers and sellers in the deal are not known. According to the latest shareholding pattern available with the exchanges, as of 30 June 2023, 97.91% of the company's shareholding is with the public, and 2.09% with the employee trust. At 11.15 a.m., the stock was trading 1.7% higher at Rs 99.8 over its last day's closing price of Rs 98.2 apiece.
07.09 / 07:31
Action
POT
show
Ram Mandir vs Sita Mandir: Bihar to develop Sita's birth site in Sitamarhi to counter BJP's Ayodhya 'temple agenda'
Punaura Dham, a renowned Hindu pilgrimage site situated in the Sitamarhi district, holds significance as the birthplace of Goddess Sita, the wife of Lord Rama. Each year, numerous pilgrims visit this sacred site to pay their respects to the deity. Political analysts suggest that this decision aims to counter the BJP's «temple agenda» and attract Hindu voters, signaling a potentially crucial development in the state's political landscape. The decision to enhance this pilgrimage site, located approximately 150 km north of Patna, was taken during a recent state cabinet meeting, following a proposal by the state tourism department, led by Deputy Chief Minister Tejashwi Yadav. «The cabinet has approved an allocation of Rs 72.47 crore for the comprehensive development of Punaura Dham temple in Sitamarhi district.
07.09 / 07:09
show
country
India 'renaming' row: Opposition says ‘assault’ on Union of States, BJP snubs rumours | All we know so far
G20 Summit dinner invite was sent out in the name of the 'President of Bharat' and not the customary ‘President of India’. While the Opposition said there was a possibility of a name change for India to Bharat alleging it was an “assault" on the Union of States, the ruling parties hailed the development, saying it was a move for a push from the slavery mindset – an idea promoted by PM Modi in his Independence Day speech.
07.09 / 06:29
Telegram
Platform
show
Token Unlock
Hedera (HBAR), Sui (SUI) Experiencing a Downtrend Ahead of Token Unlock While Pomerdoge (POMD) Continues Surge
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
07.09 / 05:49
UPS
Provident
Target
FIVE
show
country
NOT
Why China's response to economic challenges is not working
China on Thursday showing falling exports fanned more fears about a slowdown in the world's second-biggest economy, which has struggled with its post-Covid recovery. Governments and markets alike are concerned about these indicators — the size of China's economy and its connections with the rest of the world mean any ups and downs are felt far and wide. Here is a rundown of the problems facing China's economy, and why analysts believe Beijing is not doing enough to fix them: The abandonment of tight pandemic restrictions in December set off a gradual resumption of consumer activity in China as people started dining out, shopping and using public transport more frequently. But the highly anticipated economic rebound was weaker than expected and did not reach all sectors — industrial production, for example, is still struggling. And a post-Covid rally has since completely run out of steam. As many other major economies grapple with inflation, consumer prices in China fell by 0.3 percent year-on-year in July to enter deflation — a sign of sluggish demand. Youth unemployment rose so high in June that authorities suspended the publication of that data, while traditional growth engines such as exports, real estate and consumption remain stalled. Analysts say these trends are increasingly pushing China's annual growth objective of around five percent out of reach. Property development and linked industries have been a key pillar of the Chinese economy in recent years, providing a sizeable chunk of its GDP. But the sector is in a deep crisis. Many leading developers including Evergrande and Country Garden have come under increasing financial pressure lately, with their astronomical levels of debt bringing bankruptcy concerns to
07.09 / 05:21
Provident
Gap
show
track
Commonwealth expands Talent Exchange Initiative
Commonwealth Financial Network has announced the expansion of its Talent Exchange Initiative, which aims to connect skilled students from top universities that offer certified financial planning programs with the firm’s affiliated advisers.
07.09 / 04:55
Career
Landmark
Entertainment
Software
BAY
love
show
Yohanes Kidane: Body of missing Netflix engineer found in San Francisco; Here’s what happened
Kidane, a 22-year-old Netflix engineer who had gone missing in mid-August. The young software engineer had recently graduated from Cornell University and embarked on a promising career with Netflix, relocating to the vibrant Bay Area to pursue his passion for software engineering.Yohanes Kidane's disappearance sent shockwaves through the tech community and his family as he was last seen getting into an Uber in mid-August, leaving his San Jose apartment.
07.09 / 04:55
UPS
BURST
film
Banner
love
show
dance
Shah Rukh Khan overwhelmed as first-day-first-show army marches to theatre for 'Jawan' screening in wee hours
Jawan' opened in theatres on Thursday morning, causing a mass hysteria among fans. From making it on time for the first show to bursting crackers outside the theatres, the fans have shown much love to Bollywood superstar Shah Rukh Khan's movie. An SRK fan club shared a video of the first-day-first-show army marching to the theatres with a big banner that read, «First Day First Show Jawan.» They also carried several small signages with «We Love SRK» written on it. The fans began marching at 5:35 AM for the 6 AM show. They were also shouting slogans — «We Love Shah Rukh,» «Bharat Ki Shaan Shah Rukh,» and «Banda Hai To Zinda Hai.» Overwhelmed by their gesture, King Khan took to X (formerly known as Twitter) to thank his fans for the love.
07.09 / 04:47
CEO
Interface
show
Sam
OpenAI announces dates for first developer conference, CEO Sam Altman says ‘looking forward to…’
OpenAI CEO Sam Altman while speaking about the event said, “We’re looking forward to showing our latest work to enable developers to build new things" OpenAI said that it has continuously updated its application programming interface to include the most advanced model in order to make it easier to integrate ‘cutting-edge AI into their projects’. It also noted that over 2 million developers use its GPT-4, GPT-3.5, Dall-E and Whisper AI models for a range of use cases.
07.09 / 04:17
Waves
Waters
Caterpillar
POT
show
Plants don’t have ears. But they can still detect sound
Another, published last year, found that marigolds and sage plants exposed to the noise of traffic from a busy motorway suffered stunted growth, and produced a range of stress compounds. Other research, much of it done in China, reports that certain frequencies, played in acoustically controlled environments like greenhouses, can affect seed germination and even boost crop yields. And plants can make noises, too, albeit not deliberately.
07.09 / 04:17
Action
show
country
G20 Summit: EU expresses concern over draft joint communique on Ukraine issue
New Delhi: European Union officials have indicated their disapproval of the draft text for the joint communique scheduled for release at the New Delhi G20 Summit, citing disagreements over language related to the ongoing war in Ukraine. The conflict has been a point of contention within the G20 since last year. The 2022 G20 Summit in Bali produced a joint declaration that criticized Russia for its actions in Ukraine.
07.09 / 04:13
Lowe's
FIVE
Fallout
NIFTY
show
India’s $775 billion stock boom at risk as smallcaps overheat
Indian equities that has swelled the market’s total valuation by $775 billion in a little more than five months has been accompanied by a notable shift in investor preference to smaller stocks. That poses risks as gauges of small and mid-cap shares show signs of overheating, and as the domestic economic outlook becomes more clouded ahead of national elections next year. Smaller companies are seen benefiting more from the ongoing recovery in India’s capital expenditure. Larger stocks, in contrast, have been relatively restrained by worry over the impact of a possible global recession on the nation’s major IT firms, as well as fallout from a short-seller campaign against the sprawling group controlled by billionaire Gautam Adani. The trend is the opposite to what has been seen in the US stock market, which has been driven by a handful of technology megacaps surging on the boom in artificial intelligence, leaving small caps in the dust. The Nifty Midcap 100 Index has risen 37% from a March low, compared with a 16% gain in the blue-chip NSE Nifty 50 Index, driving the ratio of the former to the latter to an all-time high.
07.09 / 04:13
Digital
show
country
After centuries, we are clawing back some of our heft in the world: Sanjeev Sanyal
Sanjeev Sanyal, Member, Economic Advisory Council-PM, says “not only in decades, but even in centuries, we are in some ways clawing back some of our heft in the world. After a very, very long time, India counts for something in the world economy. Both of these things are coming together at the time that we are hosting the G20. As a result of that, this is a real opportunity for India to help set the global agenda, to show leadership and so on.” Sanyal further says: “We are truly going through a renaissance like the Europeans went through a renaissance in the 1500s. In every field of human endeavour, suddenly Indians matter. We are even managing to throw javelins further than everybody else. Who knew that a few years ago? We are managing to land on the moon.”What is the importance of hosting the G-20 summit this year? Especially for India, this summit is happening at a scale that has never been done before but the scale at which we are attempting to integrate with the world on trade and commerce also have never been done before. Help us understand the importance of it all.First of all, it is an opportunity for India to show global leadership at a particular juncture in history for both the world and for India. So notice that we have come out of the Covid crisis, because of which the years – 2020, 2021 and 2022 – were totally disrupted. 2022 was a little bit better and the Indonesia leadership summit did work out but those three years were very disrupted.
07.09 / 04:05
COST
UPS
Shell
show
Why repair times have worsened for fixing smashed cars
Times to fix cars and trucks have jumped by up to an additional four days, smash repair giant AMA says.
07.09 / 03:13
UPS
Target
Booking
Gap
NIFTY
show
Big movers on D-Street: What should investors do with Petronet, IRFC and RVNL?
Nifty rose 36 points to end at 19,611. Stocks that were in focus included names like Petronet, which rose 5.56%, IRFC, which fell 4.5%, and RVNL, whose shares declined 4.15% on Wednesday. Here's what Riches Vanara, Technical and Derivative Analyst at Stoxbox., recommends investors should do with these stocks when the market resumes trading today.Petronet — BuyStock is trading in ascending triangle pattern and trying for early breakout from the same pattern with huge volumes. Relative strength charts in comparison to nifty-50 have also made double bottom patterns which compliments the price breakout. The momentum indicators are also trading in the bull zone and confirm the momentum in price. Hence we recommend buying for targets of 250 and 256 with stops below 236.IRFC — SellAlthough stock is trading in bull mode and we also show 3 consecutive gap up openings on the daily chart, the price action and bearish engulfing candlestick pattern on Wednesday suggests some profit booking may come. The 14 period RSI also gives bearish confirmation by making a double top pattern on daily time frames.
07.09 / 03:13
UPS
Strategy
NIFTY
SENSEX
show
Stock market today: What to expect from Nifty, Sensex, Bank Nifty in trade on September 7
Indian stock market is likely to open on a weak note following losses global markets. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading at around 19,630 level as compared to the Nifty futures’ previous close of 19,665.
07.09 / 03:13
NASDAQ
Platform
NIFTY
SENSEX
show
Updates
Sensex Today | Share Market Live Updates: Sensex, Nifty expect cautious start; Gift Nifty trades in red
Sensex Today | Share Market Updates: The market capitalisation of BSE-listed firms reached a new lifetime peak of ₹317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running.Wall Street's three primary indices concluded Wednesday's trading session in the red. The Nasdaq experienced the most significant decline, with a 1% loss, primarily attributed to concerns arising from robust services sector data surpassing expectations.
07.09 / 03:13
UPS
Cooper
Waters
Remark
show
country
Cold War
China warns against 'new Cold War' at ASEAN summit
Li Qiang said on Wednesday it is important to avoid a «new Cold War» when dealing with conflicts between countries as world leaders gathered in Indonesia amid sharpening geopolitical rivalries across the Indo-Pacific region. Speaking at an annual summit involving members of the Association of Southeast Asian Nations (ASEAN) and China, Japan and South Korea, Li said countries needed to «appropriately handle differences and disputes». «At present, it is very important to oppose taking sides, bloc confrontation and a new Cold War,» Li told the meeting. ASEAN, which has warned of the danger of getting dragged into major powers' disputes, is also holding wider talks with Li, U.S. Vice President Kamala Harris and leaders of partner countries including Japan, South Korea, Australia and India. Neither U.S.
07.09 / 03:13
UPS
Reuters
Strategy
show
performer
Latin
2024
Dollar to stay bright this year before fading in 2024 -analysts
dollar's strength will be difficult to overcome for most major currencies by year-end, according to a Reuters poll of forex strategists who said the risks to their greenback outlook were skewed to the upside. Backed by a strong economy and rising U.S. Treasury yields, some of the highest among developed economies, the dollar despite bouts of weakness has stayed resilient against most major currencies. Hitting a six-month peak as jitters over China and global growth weighed on risk appetite and expectations the U.S.
07.09 / 03:13
Target
show
NOT
Possible Fed overtightening makes recession more likely than not, Deutsche Bank says
Deutsche Bank said on Wednesday. «Given that inflation peaked significantly above target, the Fed should err on the side of tightening too much, rather than too little,» Deutsche Bank analysts said in a note. «A US recession remains more likely than not.» Investors in recent months have increasingly embraced hopes that the Fed could lower inflation to its 2% target without sending the economy into a tailspin, as economic data showed the economy has remained strong despite the rapid increase in interest rates over the past 18 months. While that «soft landing» can still be achieved, it remained likely that the Fed would need to «depress demand below potential» to bring inflation to target, said the Deutsche Bank analysts, adding that they expected pressure on the U.S.
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