Show Financial News
16.04 / 19:37
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Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank's goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon.
16.04 / 18:33
markets
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wellness
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reports
Advisor attrition dropping at Merrill Lynch
Large firms with thousands of financial advisors working in various capacities appear to have turned the tide, at least for now, on losing advisors to their competitors or retirement, with Merrill Lynch showing a dramatic decrease in the number of advisors who left in 2023.
16.04 / 17:53
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Sony
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Sony PS5 Pro new leaks surface online ahead of launch: What all to expect
PlayStation developer portal, have been making rounds among a wider circle of third-party developers, as reported by Insider Gaming. Previously dubbed 'Trinity' by Key to Gaming, the PS5 Pro aims to revolutionize gaming experiences with enhanced performance and stunning visuals. Promising consistent frame rates at 4K resolution and introducing a 'performance mode' tailored for 8K resolution, along with cutting-edge ray tracing features, the specifications hinted at 30 WGP and 18000mts memory.
16.04 / 16:11
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Home values rising in Detroit, especially for Black homeowners, study shows
Home values in Detroit have increased by billions of dollars in the years following the city’s exit from the largest municipal bankruptcy in U.S. history
16.04 / 16:07
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bowling
Sunil Narine scores his maiden century in T20 format; smashes 109 against Rajasthan Royals
Kolkata Knight Riders' opener and full-time spinner, Sunil Narine, scored his maiden century in the Indian Premier League (IPL) on Tuesday against Rajasthan Royals, putting up a complete show at the iconic Eden Gardens. Narine's 49-ball 100 is also his first in the shortest format of the game. The West Indies spinner has played 168 IPL matches and has over 1,322 runs with the highest score of 109. His strike rate is an impressive 164.84.
16.04 / 15:45
16.04 / 15:27
UPS
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Russia's crude oil exports at 11-month high in April, crosses OPEC target to support prices
Also Read: Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India? Primorsk on the Baltic handled 10 tankers in three of the past four weeks, possibly reflecting a diversion to exports of crude that would have been processed at refineries hit by Ukrainian drones. The port hasn’t handled more than 11 tankers in a week in data back to the start of 2022. Refining rates are languishing near an 11-month low as repairs continue.
16.04 / 15:27
COST
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Prabhudas Lilladher initiates coverage on TCI Express, Mahindra Logistics and Delhivery with positive view
₹1430 and ‘Accumulate’ rating on Mahindra Logistics and Delhivery with a target price of ₹500 and ₹510. Also read: Technical pick: Anand Rathi forecasts near-term upside potential for this small-cap stock “The logistics sector is mainly dominated by the movement of goods via roads (~71% of volumes and ~65-70% of transportation revenues). Overall, est.
16.04 / 14:09
Provident
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Lok Sabha elections: EC bans Congress' Randeep Surjewala from campaigning for 48 hours over his remarks on Hema Malini
Randeep Surjewala on Tuesday from campaigning for 48 hours over his “derogatory remarks" about BJP leader Hema Malini. The poll body issued a show-cause notice to Surjewala for allegedly making "undignified, uncivilized, and vulgar" remarks about Hema Malini.
16.04 / 14:09
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EPF: How to know your UAN? A step-by-step guide
UAN) is the identity number for all EPFO (Employees’ Provident Fund Organisation) subscribers which works like PAN for income tax payers. It works like a common identification ID for EPF subscribers who may have multiple employers in quick succession. This effectively means subscribers can have numerous member IDs given by as many employers but only one UAN.
16.04 / 13:53
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Putin urges restraint in call with Iran's Raisi
Moscow, Apr 16, 2024 -Russian President Vladimir Putin warned that further escalation in the Middle East could have «catastrophic consequences,» during a phone call with his Iranian counterpart Ebrahim Raisi, the Kremlin said Tuesday. «Vladimir Putin expressed hope that all sides would show reasonable restraint and prevent a new round of confrontation fraught with catastrophic consequences for the entire region,» the Kremlin said in a readout of the call. The situation in the Middle East grew even tenser over the weekend when Iran and its allies launched a barrage of over 300 missiles, drones and rockets at Israel.
16.04 / 13:53
UPS
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International
IMF: Outlook for world economy is brighter, though still modest by historical standards
The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth
16.04 / 12:09
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shock
BRISE, BEFE, and CENX: Your Pathway to Crypto Prosperity Unveiled
Altcoins in cryptocurrency are popular for their potential to make an incredible percentage move as high as 1000%. However, investing in the wrong crypto project could also spell doom for investors’ portfolios as this double-edged sword could also do a shocking amount of loss when the investment is wrong. Investing in Bitgert BRISE, BEFE meme coin, and CENX defi project could open your path to financial prosperity as an investor.
16.04 / 12:09
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Eager for Pre-Halving Gains Cosmos & Bittensor Investors Dive into Raffle Coin’s Presale Anticipating 1000% Returns
The Bitcoin halving event is fast approaching and investors are bracing themselves for its impact. As of press time, it’s only seven days away. History shows that the aftermath of the halving event is heavily correlated with a rise in Bitcoin prices. Bitcoin’s eminence in the market means that even coins like Cosmos and Bittensor might be affected by the halving event.
16.04 / 12:05
Remark
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Ankur Warikoo shares remarkable six pack abs transformation from fat to fab at 43 in one year
Ankur Warikoo, a prominent figure in the entrepreneurial and content creation space, recently shared an inspiring update with his followers. In a post on X, he announced a significant transformation in his physical health, revealing that he had shed 10 kg over the past year. This announcement was accompanied by a teaser for an upcoming video scheduled for release on April 20th, where he will delve into the details of his weight loss journey. In his social media post, Warikoo showcased before-and-after photos, crediting his trainer, Sagar Ahuja, for his remarkable transformation. He proudly declared himself «fat-free» at the age of 43 and expressed hope that his journey would inspire others to prioritize their health.
16.04 / 12:05
Reuters
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India defers approval of Paytm's investment in its payments arm
Paytm Payment Services arm in part due to concerns about a Chinese shareholding in the parent company, according to three government officials and a document seen by Reuters. One 97 Communications, popularly known as Paytm, is already under the scrutiny of India's banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated this was another reason for the deferral.
16.04 / 11:07
markets
COST
economy
Trade
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Emerging market assets at lowest point so far in 2024
The benchmark index for emerging-market equities erased its 2024 advance and the gauge for currencies posted a new low for the year amid signals that global monetary easing will be delayed and China’s economic recovery remains weak.
16.04 / 10:53
markets
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Food
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Updates
stake
Patanjali Foods share price gains 5%: CQG Partners raises stake to 11.48% during Q4 from 3.3% at the end of Q3
Patanjali Foods share price gained 5.2% on Tuesday. The shareholding pattern on the exchanges showed that CQG Partners Funds have increased their stake in Patanjali Foods to 11.38% during Q4. As per the shareholding patterns on the exchanges, GQG Partners Emerging markets equity fund A Series of GQG Partners Series LLC held 9.31% stake in PatanJali Foods at the end of March 2024 quarter (Q4 FY24).
16.04 / 10:53
markets
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Rate Cut
Nifty IT index tumbles over 2.5% to hit new 2024 low on fading Fed rate cut expectations
Also Read: Stock market crash today: Why is Indian stock market falling for last three days? Explained with 5 reasons According to Trading Economics data, eight out of thirteen categories recorded increases, indicating that consumers continued to spend at a faster pace than anticipated despite persistent inflationary pressures. Given the strong retail data and elevated inflation print for March, analysts anticipate that the Federal Reserve may delay rate cuts until July or September instead of June. In addition, the mixed results from IT major Tata Consultancy Services have also dented investors' sentiment towards IT stocks.
16.04 / 10:34
16.04 / 10:34
wellness
Vertex
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Pharmaceuticals
Vertex Pharma scientist talks about the long road to developing non-addictive painkillers
Patients suffering from pain have limited options when it comes to medication
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