Show Financial News

NCLT) on Monday reserved its order in the matter related to Dublin-based aircraft lessor Aircastle Limited’s insolvency petition against budget airline SpiceJet. SpiceJet’s counsel has cast doubt over the maintainability of Aircastle’s petition as the latter had filed a separate petition under the Insolvency and Bankruptcy Code, 2016 (IBC) against the Gurgaon-headquartered carrier. The counsel for Aircastle has argued that both petitions deal with separate cases of default by SpiceJet. The second case is listed for hearing on April 22.

Bandhan Bank Ltd. traded 0.37 per cent up at Rs 199.6 at 10:56AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 390.71 points to 73481.58. The scrip had closed at Rs 198.85 in the previous session. The stock quoted a 52-week high price of Rs 272.0 and 52-week low of Rs 182.2, respectively. As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 96495 shares with a turnover of Rs 1.93 crore.

mutual funds have failed to beat their respective benchmarks in February, data crunching by ETMutualFunds showed. There were around 27 small cap schemes in the market. HDFC Small Cap Fund, the second largest small cap scheme based on assets managed, failed to beat its benchmark. The scheme lost 1.05% in February against a negative return of 0.43% by its benchmark (S&P BSE 250 Small Cap — TRI). The scheme manages assets of Rs 28,606 crore.

UK, Canada, and Australia are having a significant impact on prospective student demand for study in those countries, according to a report by ICEF Monitor. IDP's latest research, «The Voice of the International Student,» conducted in January 2024 across 67 countries with 2,500 student participants, shows that a lot of students are thinking twice about studying in the UK, Canada, and Australia. Meanwhile, the United States seems to be becoming more attractive among students. Are you immigration ready? Find out The prospective student demand for Canada, in particular, is dipping dramatically, while interest in the US increased significantly in 2023, according to a report by Studyportals.

Bharat Electronics Ltd. traded 0.76 per cent up at Rs 211.2 at 10:25AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 406.99 points to 73465.3. The stock had settled at Rs 209.6 in the previous session. The stock quoted a 52-week high price of Rs 213.8 and 52-week low of Rs 89.68, respectively. As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 721224 shares with a turnover of Rs 15.28 crore.

Gold And Silver Prices Today: Gold prices experienced a slight increase on Tuesday. The price of 24 carat gold stood at Rs.6519.4 per gm, showing an increase of Rs.870.0.

Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trading day on a negative note. Benchmark equity indices were trending down. The BSE Sensex opened lower by 104.87 points or down 0.14% at 73,767.42 level while the Nifty 50 opened at 22,371.25 level, down 34.30 points or 0.15%.

Bharat Forge Ltd. traded 1.18 per cent up at Rs 1203.7 at 10:20AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 359.87 points to 73512.42. The scrip had closed at Rs 1189.65 in the previous session. The stock quoted a 52-week high price of Rs 1330.0 and 52-week low of Rs 744.0, respectively. As per BSE data, total traded volume on the counter till 10:20AM (IST) stood at 17454 shares with a turnover of Rs 2.09 crore.

Crime Scene Kitchen' will return as Season 3 soon. After season one became the No. 1 new series during the summer of 2021, its second season averaged 2.5 million multi-platform viewers. Buoyed by the success of these two seasons, Fox has announced its third season. According to 'Variety', Allison Wallach, President, Unscripted Programming, of FOX Entertainment said on Monday that Season Three of 'Crime Scene Kitchen' will premiere this year. He also confirmed that Joel McHale will return as host and Executive Producer and chef Curtis Stone and cake artist Yolanda Gampp will be celebrity judges of the show. Allison Wallach told reporters that 'Crime Scene Kitchen' is a fun, fresh show with an entirely original mix of culinary sleuthing and brilliant baking that the whole family can enjoy. He added further that Joel, Curtis and Yolanda’s chemistry have made the show a clear fan favorite, and he is excited to bring a new season to the table.

barriers to commerce, ensure stability through global accords and enforce the rules came under renewed criticism following a chaotic and contentious meeting of its top officials. The 13th ministerial conference in Abu Dhabi last week laid bare an uncomfortable truth: For an organization that needs all 166 member countries to agree, the WTO again struggled to muster even a small win. Those are only getting messier and harder to pull off in an era of two armed conflicts, widening geopolitical gulfs and a realignment of the trading ties that bind the postwar economic order. Meetings in the capital of the United Arab Emirates — positioned both geographically and geo-economically between US-European Union and China-Russia alliances — were dominated by disorder and confusion, according to several participants, who asked not to be named speaking about the private talks. They’re rarely jovial affairs, but hopes were quickly dashed that this year would be a turning point toward unity.

Tracker' received 16 million multiplatform viewers and became the most-watched new series since 'Big Bang Theory' prequel Young Sheldon', CBS planned to make its second season, reports 'Variety'. Launched on February 11, it now ranks as the No. 1 show. It is CBS' first series to be renewed for the 2024-25 broadcast cycle. With 'Elsbeth' being launched last week, 'Tracker' is one of only two rookie originals to launch as part of 2023-24 season. CBS will now focus on this show as it is wrapping 'Blue Bloods', 'Bob Hearts Abishola', 'SWAT' and 'Young Sheldon' this year.

Jharkhand Police has handed over a compensation of Rs 10 lakhs to the husband of a Spanish woman who was allegedly gang-raped in Dumka on Friday. According to the police, the Spanish woman was gang-raped in Hansdiha police station limits when she was en route to Nepal from West Bengal. «We did a fast investigation and from the side of district administration, we are providing all the help to them (rape survivor and husband). Under the victim compensation scheme, we have given them Rs 10 lakh. We will try for a speedy trial and conviction of the accused,» Anjaneyulu Dodde, Deputy Commissioner, said on Monday.

stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing's plans to support the economy as its week-long annual session of parliament, the National People's Congress, got underway. Equities around the rest of the region were also on the back foot following a retreat from record highs on Wall Street overnight on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.

home prices in India are set to rise 7% this year and next, driven by purchases of luxury properties, according to analysts polled by Reuters who said the supply of affordable homes would continue to lag demand. Barely dented by the Reserve Bank of India's 2-1/2 percentage points of interest rate rises from May 2022 to February 2023, the housing market has powered along with Asia's No. 3 economy, the fastest growing amongst major peers. Home prices rose 4.3% in 2023, the fastest since 2018, according to Reuters calculations based on the RBI's House Price Index.

China will on Tuesday set a goal of five percent gross domestic product growth for the year, an official copy of a government work report seen by AFP showed, one of its lowest in decades and in line with last year. The GDP target is set to be officially unveiled later in the day at a meeting of the National People's Congress, China's parliament.

Elon Musk is no longer the world’s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion.

BEIJING (Reuters) — China's services activity grew at a slower pace in February, with business confidence moderating for the second month and firms trimming staff numbers for the first time since November, a private-sector survey showed on Tuesday.

Investing.com-- China’s services sector grew less than expected in February, a private survey showed on Tuesday, as the Lunar New Year holiday provided only a limited boost to activity amid a broader downturn in the economy.

Investing.com-- Prices of Bitcoin cleared key levels in Asian trade on Tuesday, and were now less than $1,000 shy of a record high hit during the peak of a bull run in 2021. 

Investing.com — The Canadian Dollar weakened against its U.S. counterpart today, as oil prices fell and rik sentiment remained uncertain ahead of key data this week.

NARCL) has offered lenders base bids for the bad loan accounts of Hitodi Infra, Sion Panvel Tollways and Morarjee Textile with total consolidated debt of more than ₹4,000 crore. Based on binding bids from the government-backed bad bank, lenders have initiated a Swiss challenge auction for Hitodi Infra. The lenders, including Bank of Baroda, ICICI Bank, Axis Bank, Bank of India, IDBI Bank and State Bank of India, have appointed BoB Capital as the process advisor. NARCL has offered ₹465 crore for the outstanding loans of ₹2,101 crore. The lenders have asked bidders to either bid in all cash or on a cash-and-security receipt basis. NARCL buys debt under a 15:85 structure where 15% is paid in cash and 85% in security receipts. The minimum markup will be 5% of the anchor bid. The Swiss auction will be held on March 26.