Show Financial News

Netflix on Thursday announced “The Diplomat Season 2” release date as the OTT streaming giant dropped teaser of the second season of critically acclaimed series. “The Diplomat” Season 2 features Keri Russell in the lead role. “The Diplomat” Season 2 will start streaming on Netflix October 31. A potential sequel to popular American series «One Tree Hill» is in the early stages of development at streaming service Netflix. According to entertainment news outlet Deadline, Sophia Bush and Hilarie Burton, the stars of the original series, have signed on to executive produce and reprise their roles of Brooke Davis and Peyton Sawyer, respectively, in the new show.

The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling

Stree 2 has emerged as the most profitable Hindi film of 2024, eclipsing even the high-profile releases of the year. Released on August 15, 2024, the film has quickly risen to prominence, surpassing major blockbusters like Jawan, Animal, and Kalki 2898 AD in profitability, according to PVR Inox data. With earnings exceeding Rs 520 crore over its first 20 days and a production budget of approximately Rs 60 crore, Stree 2 has proven to be a major financial success, according to Sacnilk.com. The film achieved this milestone in just 18 days, making it the third fastest Hindi film to cross the Rs 500-crore mark, following Shah Rukh Khan's Jawan and Ranbir Kapoor's Animal. The movie’s impressive performance stands in stark contrast to the underwhelming returns from other big-budget films this year. The film’s strong showing is a welcome relief to exhibitors, particularly in a year where many high-profile Bollywood releases have faltered. Films featuring major stars like Akshay Kumar and Hrithik Roshan have struggled, with Akshay's Khel Khel Mein and Hrithik’s Fighter failing to make a significant impact. In comparison, Stree 2 has provided much-needed respite for cinema operators.

exports by MSMEs, said Bhupen Wakankar, Director Global Trade, Amazon India, on Wednesday at the launch of Exports Digest 2024 — the company’s annual coffee table book on e-commerce exports which provides insights into the scale of e-commerce exports from India through the Amazon Global Selling programme. Wakankar said MSME-penetration by Amazon is still less than 5% and largely untapped, which in itself shows the scope of export business from India. He also said that Amazon is on track to enable thousands of Indian businesses to surpass $13 billion in cumulative e-commerce exports from India by 2024-end. Amazon’s latest report showed that 1.50 lakh exporters have been part of the programme, cumulatively selling over 40 crore made-in-India products globally. Amazon said the programme has seen a growth of over 20% in the past year and Amazon Global Selling has over 200 sellers across India.

A resturant in United States' North Carolina is in the news. Reason, it's dress code which has now gone viral on the internet. Kim's Kafe in Greensboro posted its rules regarding clothing on its Facebook page on September 1, drawing widespread reactions.

Goldman Sachs analysts said. Last month, Vice President Harris outlined plans to raise the corporate tax rate to 28% from 21%, in order to ensure «big corporations pay their fair share.» Goldman analysts said in a note late on Wednesday that at a 28% taxation rate, they estimate earnings of S&P 500 companies would take a 5% hit.

Renukaswamy which has emerged on social media, the victim's parents called the jailed Kannada actor Darshan Thoogudeepa and his accomplices 'demons' for allegedly torturing their son to death. The photograph shows a shirtless Renukaswamy pleading for mercy before he was allegedly murdered. There were also several injury marks all over his body. Renukaswamy's father Kashinath S Shivanagoudru claimed that the developments have had adverse effect on their pregnant daughter-in-law these days. «After seeing the photograph which has gone viral, we are confused. We don't know what to say and how to react. We can now imagine how much he would have suffered and screamed and pleaded to them. He was tortured beyond tolerance,» Shivanagoudru said. He said he is unable to console his daughter-in-law.

Kotak Mahindra Bank topped the inaugural S&P Global Market Intelligence ranking of the 32 publicly traded Indian banks based on financial performance. CSB Bank Ltd. and Tamilnad Mercantile Bank Ltd., followed in second and third positions, respectively. The S&P rankings analyse the performance of Indian lenders based on seven weighted financial metrics, including return on average equity, net interest margin, cost-to-income ratio and nonperforming loan ratio, as of the year ended March 31. Nine of the top 10 lenders in the ranking were private sector banks, with seventh-placed Bank of Maharashtra the public sector exception.

₹50 a bag in August from the normal ₹30-40 a bag. In fact, it was around ₹80 a bag in some parts of India, indicating weak demand from the infrastructure segment, the report added. The individual home building segment is the biggest driver of cement demand in India, estimated to contribute over 50%, followed by the infrastructure segment.

growing source of monthly income. Month after month, steady payouts roll into your bank account. The best part? You don’t need to do anything.

PNB Housing Finance surged 5.4% to hit a 52-week high of Rs 1,109.9 in Thursday's trading on the BSE. The rally came after the company announced plans to raise nearly Rs 2,500 crore through non-convertible debentures (NCDs) on September 9. In an exchange filing, the company stated, «A meeting of the board of directors is scheduled for Monday, September 9, 2024, to consider and approve the issuance of Non-Convertible Debentures up to Rs 2,500 crore on a private placement basis, in tranches over the next six months.»

Asian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors

Varun Beverages Ltd. gained 0.23 per cent to Rs 1526.0 at 01:59PM (IST) in Thursday's trade. The scrip hit a high of Rs 1532.45 and low of Rs 1506.5 so far during the session. The stock had closed at Rs 1522.35 in the previous session. The counter had a total traded volume of 01:59PM shares so far with a turnover of Rs 4.24 crore on BSE. The stock traded at a price-to-earnings multiple of 81.67 and a price-to-book ratio of 23.16.

«The whole idea is that if we do not repeat our mistake, that is the reason we build our system and process around that. So, learning from mistake is something very important and we have to keep on acknowledging it, that yes, as human beings we have made mistakes and we will make mistakes, so there is no point that the day you get that feeling you have arrived, the problem starts,» says Sandeep Tandon, Quant Mutual Fund. We are celebrating Teacher's Day with great learnings of Rakesh Jhunjhunwala and Warren Buffett. What has been your great learning from the masters of the world? And what would you like to share as a learning for our viewers today on Teacher's Day? Sandeep Tandon: If you sit down, whether you talk about Warren Buffett or talk of bhaiya or anybody who is very successful in the market, I think I have always seen the one aspect which is humility. And second thing they always accepted, even on the multiple public forum, the mistake which they did. And we believe that if you can highlight that, that you have learned from mistakes and I think that is the biggest learning, like even at Quant what we try to say that we as a human being will make new mistakes.

Christmas has come early in Venezuela, at least for the country’s embattled president Nicolás Maduro.

Tata Elxsi Ltd. traded 0.53 per cent up at Rs 7790.0 at 11:36AM (IST) on Thursday, even as BSE benchmark Sensex dropped 66.08 points to 82286.56. The stock had settled at Rs 7748.85 in the previous session. The stock quoted a 52-week high price of Rs 9191.1 and 52-week low of Rs 6406.6, respectively. As per BSE data, total traded volume on the counter till 11:36AM (IST) stood at 8165 shares with a turnover of Rs 6.37 crore.

Avenue Supermarts Ltd. traded 2.1 per cent up at Rs 5207.0 at 10:19AM (IST) on Thursday, even as BSE benchmark Sensex dropped 2.04 points to 82350.6. The stock had closed at Rs 5099.75 in the previous session. The stock quoted a 52-week high price of Rs 5253.0 and 52-week low of Rs 3617.3, respectively. As per BSE data, total traded volume on the counter till 10:19AM (IST) stood at 9139 shares with a turnover of Rs 4.73 crore.

Indian Hotels Company Ltd. traded 0.68 per cent up in Thursday's trade at 11:31AM (IST). Around 72,226 shares changed hands on the counter. The scrip opened at Rs 661.15 and touched an intraday high and low of Rs 667.0 and Rs 659.45, respectively, in the session so far. The stock of Indian Hotels Company Ltd. quoted a 52-week high of Rs 672.0 and a 52-week low of Rs 371.45.

America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in the coming months

In this week so far, the prices of gold have traded flat, tumbling by merely Rs 127 while silver has fallen by nearly Rs 1,500 per kilogram.

Thalapathy Vijay's highly anticipated film "GOAT" or «Greatest of All Time» hit the theatres today, drawing a mix of reactions from fans and critics alike. The film's opening moments captured attention with an engaging start, packed with a variety of characters and surprising scenes. Many found the first half to be interesting, with enough twists to keep the audience entertained, according to the reviews shared on social media. However, as the movie progressed into the second half, it began to lose momentum, said some reviews. Viewers expressed that the pacing slowed down significantly, making the latter portion feel drawn-out and predictable. The storyline, while initially intriguing, became more formulaic as it advanced, causing the film to fall short of the excitement built in the opening act, said another viewer on social media.