Show Financial News
07.08 / 02:59
Waters
show
track
30 killed, over 90 injured in Pakistan train accident
Some of the derailed cars on the Hazara Express train overturned in the crash near the town of Nawabshah, senior railway officer Mahmoodur Rehman Lakho said. The train was going from Karachi to Rawalpindi when the 10 cars went off the tracks near the Sarhari railway station. The derailed cars sprawled across or near the tracks in the flat, rural landscape.
07.08 / 02:59
Lowe's
show
fall
Gold firms as dollar, yields fall before US inflation test
Gold prices firmed on Monday after a slower-than-expected U.S. job growth data knocked the dollar and bond yields off their recent highs, as investors brace for this week's inflation test that could influence the Federal Reserve's policy path. FUNDAMENTALS * Spot gold was steady at $1,942.33 per ounce by 0130 GMT, off an over three-week low hit in the last session.
07.08 / 02:59
Provident
Lowe's
show
country
inflation data
Dollar tentative as US inflation data looms
dollar was on the back foot on Monday after a mixed U.S. jobs report provided little directional conviction and as market focus turned to inflation data from the world's two largest economies due this week. The U.S.
07.08 / 02:41
Waves
Target
Action
Apple
NIFTY
show
index
500
Support
Nifty predictions August 7: Index may face resistance at 19,600; Bank Nifty needs to hold above support level of 44,500
equity market is likely to open on a cautious note on Monday following weakness in Asian markets. Trends on Gift Nifty indicate a flat opening for the benchmark index. Gift Nfty was trading 0.04% higher at 19,596.00.
07.08 / 02:27
07.08 / 02:27
Lowe's
NASDAQ
MSCI
Nikkei
show
inflation data
Asian shares wary ahead of US, China inflation data
MSCI's broadest index of Asia-Pacific shares outside Japan were a fraction lower in thin trade, after losing 2.3% last week. Japan's Nikkei slipped 1.0% to test its July low. A summary of the last Bank of Japan meeting showed members felt making yield policy more flexible would help extend the life of its super-easy stimulus.
07.08 / 02:19
UPS
Provident
NIFTY
VIX
show
GIFT Nifty up 10 points; here's what changed for market while you were sleeping
This week would be crucial for domestic markets as RBI is set to announce its interest rate decision. «Markets are likely to move in a broader range with some volatility. Interest-sensitive sectors are expected to remain in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 20000 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 8 points, or 0.04 per cent, higher at 19,596.50, signaling that Dalal Street was headed for muted start on Monday.
07.08 / 01:45
Mobile
show
Himachal Pradesh: Manglad-Bagvat Road closed after massive landslide
Manglad-Bagvat Road in Himachal Pradesh was closed on Sunday after a massive landslide was reported in Shimla district, police said. Further, according to the police, there was no immediate report of any loss of life or injury in the incident.
07.08 / 01:45
Enterprise
NIFTY
VIX
show
GIFT Nifty down 60 points; here's what changed for market while you were sleeping
This week would be crucial for domestic markets as RBI is set to announce its interest rate decision. «Markets are likely to move in a broader range with some volatility. Interest-sensitive sectors are expected to remain in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 20000 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETS
07.08 / 01:01
Citi
Racing
Fighting
RIG
show
social
Trump
Donald Trump claims he can’t get a fair trial in ‘filthy’ Washington; seeks new judge in US poll conspiracy case
Former President Donald Trump attacked the nation’s capital as a “filthy and crime-ridden embarrassment" as the leading Republican candidate in the 2024 race seeks to move his federal trial on conspiracy and obstruction charges to a more politically friendly venue. “NO WAY I CAN GET A FAIR TRIAL, OR EVEN CLOSE TO A FAIR TRIAL, IN WASHINGTON, D.C.," Trump wrote in an all-capital-letters post on Truth Social, his social media site. He called for a US takeover of the city — which has limited home-rule powers under congressional supervision — a move he said would be unpopular with potential jurors.
07.08 / 00:39
UPS
Gap
NIFTY
show
Local investors' share in listed companies falls with profit-booking
companies listed on the NSE declined for the first time in the past seven quarters. This is because of selling by mutual funds, retail investors and LIC with the stock market reaching all-time highs. Domestic investors' shares in NSE listed companies declined to 25.50% of total equity value on June 30, after increasing for six quarters in a row, showed data from primeinfobase.com.
07.08 / 00:39
COST
RAI
show
social
2024
IT companies’ telecom business revenue may stay under pressure through 2024
Analysts suggest that the segment is likely to remain under pressure through mid 2024. Data from Jefferies shows a cumulative 4.6% dip in sequential revenue from the vertical across IT majors, the highest vertical-wise dip compared to all other segments, while revenue from Banking, financial services, insurance (BFSI), which is the largest revenue contributor for the Indian IT industry — saw revenue declining by a lesser percentage — 0.8% during the same period.
07.08 / 00:39
UPS
Target
Puzzle
show
It's tomatoes & onions on MPC's plate
Since the last Monetary Policy Committee meeting in June, facts have changed thick and fast. Do the economists on the MPC take a leaf out of Keynes or latch on to central bankers' catchphrase during uncertain times — 'data dependent'? Actual inflation and growth — the most monitored macroeconomic indicators — have been testing the limits of forecasting models not only of the central banks' but even the presumably more sophisticated investment banks. Throw in financial stability and it gets muddier.
07.08 / 00:39
FIVE
Digital
TCS
Accenture
shootings
show
services
IT services majors may recruit 40% less in FY24
Hiring by India’s top IT exporters is expected to drop by nearly 40% on-year in the current fiscal, underscoring the demand uncertainty and slowdown in technology services that is weighing down the $245-billion industry.IT services majors are estimated to hire between 50,000 to 100,000 employees during fiscal 2024, according to data from staffing firm Xpheno. This will mark a precipitous decline from the net hiring of over 250,000 by these companies in the previous year.
06.08 / 23:03
06.08 / 22:41
Citi
FIVE
Aware
Platform
love
show
star
week
What’s new on Netflix US this week starting from August 6, 2023? See the complete list
Netflix has added a lot of latest movies and shows recently to its platform in the United States. This exercise is undertaken regularly to keep the interest of the viewers alive.
06.08 / 20:33
UPS
Provident
CEO
show
track
RBI to prolong pause, probability of hike small, says ICICI Securities Primary Dealership CEO
The recent rebound in inflationary pressures has sparked apprehension of whether more rate hikes are in the offing, but if one excludes the volatile movements in vegetable prices, the current levels of the consumer price index may not call for more tightening, Shailendra Jhingan, CEO of ICICI Securities Primary Dealership told Bhaskar Dutta. Edited excerpts:Food inflation has hardened considerably and there are concerns over inflation spillovers. What do you expect from the MPC's policy statement on Thursday? We think that RBI will retain the monetary policy stance of withdrawal of accommodation.
06.08 / 20:25
06.08 / 20:05
Citi
Provident
Lexus
show
country
exclusive
Sustained luxury demand sparks global interest
NEW DELHI : With India set to experience one of the fastest growth rates in luxury goods consumption, several global luxury companies are introducing their latest and best collections in the country. Richemont-owned watchmaker Panerai, for instance, has initiated an exclusive preview of its latest luxury watches in India this month to gauge buyer interest in the newest additions to its ‘Radiomir’ and ‘Luminor Due’ collections, some of which are priced as high as ₹50 lakh per piece. These watches were launched at the ‘Watches and Wonders’ show in Geneva.
06.08 / 20:05
Cooper
Aware
CEO
show
FBI questioned L&T CEO in Cognizant bribery case
BENGALURU : The outcome of the US government’s trial of two former Cognizant Technology Solutions Corp. executives in a bribery case in India could be a pivotal moment for Larsen and Toubro (L&T) Ltd’s chief executive officer (CEO) S.N. Subrahmanyan, who, in an undertaking to officials of the US department of justice (DoJ) and Federal Bureau of Investigation (FBI), denied any involvement of India’s largest construction company in the illicit payments.
06.08 / 20:05
UPS
Progressive
Gap
show
performer
country
More women make it to listed company boards, but slowly, shows data
New Delhi: The number of women on the boards of listed companies in the country has seen a steady but incremental increase, shows official data. At the end of FY23, 4,741 women directors were on the board of 3,232 listed companies in the country, data from the ministry of corporate affairs showed. At the end of FY19, listed companies had 3,941 women directors, which went up to 4,054 by the end of FY20 and then to 4,187 by the end of FY21.
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