Show Financial News

Back in 2013, when Kremlin critic Alexei Navalny was facing bogus criminal charges, I recalled when my great-grandfather, Soviet leader Nikita Khrushchev, compared Russia to a tub full of dough. “You put your hand down in it, down to the bottom," and “when you first pull out your hand, a little hole remains." But then, “before your very eyes," the dough returns to its original state—a “spongy, puffy mass." Navalny’s death more than a decade later proves that little has changed. The prison where Navalny died is a brutal one.

WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates and expressed both optimism and caution on inflation, according to minutes from the session released Wednesday.

Millennials are now the dominant generation in the country, Statistics Canada says.

click here Rahul Gandhi accused Prime Minister Narendra Modi of discriminating against Dalits, and other backward classes. The former Congress president and Wayanad MP Rahul Gandhi took a Ram Rajya jibe and said the Centre has failed to generate enough employment opportunities for the downtrodden constituting "90 per cent of the population," in the country. For full story click here Congress Uttar Pradesh in-charge Avinash Pande announced on Wednesday that the party will contest on 17 of the 80 Lok Sabha seats in Uttar Pradesh.

₹6 trillion. Data from DSP Mutual Fund shows the six-month average volume of a large liquid stock like Reliance Industries Ltd (RIL) is ₹1,948 crore vs ₹78 crore volume of Nippon India ETF Nifty 50 BeEs, one of the most liquid equity ETFs in India (4% of RIL). The six-month average volume of Apple is nearly 26.15% of the SPDR S&P500 ETF. What are your suggestions to tackle the liquidity problem in ETFs? On the NYSE, 5 out of the top 10 traded securities are ETFs.

MUMBAI : Lunolux Ltd, the promoter of Eureka Forbes Ltd, will sell up to a 12% stake in the household appliances maker for $138.6 million ( ₹1,148.7crore) through a block deal on Thursday, people with knowledge of the deal said. Advent International had bought a majority stake in Eureka Forbes from Shapoorji Pallonji Group for ₹4,400 crore in 2021. Lunolux is an entity held by Advent International.

The NSE Nifty50 fell 0.64% to 22,055, while the S&P BSE Sensex settled 0.59% lower at 72,623.09. The Nifty50 had gained as much as 0.24% in the first hour of the trade to hit a record high for the third session in a row, before reversing gains in the final hours.

MUMBAI : Lunolux Ltd, the promoter of Eureka Forbes Ltd, will sell a 22% stake in the household appliances maker for $254 million ( ₹2,106 crore) through a block deal on Thursday, people with knowledge of the deal said. Advent International had bought a majority stake in Eureka Forbes from Shapoorji Pallonji Group for ₹4,400 crore in 2021. Lunolux is an entity held by Advent International.

 Realtor.com chief economist Danielle Hale breaks down housing affordability on 'Maria Bartiromo's Wall Street.'

After Alexei Navalny recovered from poisoning in 2020, his wife Yulia Navalnaya was asked whether her husband should give up his role as Russia’s most prominent opposition figure. “No," she said, without pause. “I fully support Alexei’s work, sincerely.

Oil India Limited (OIL) and and private sector producers contributed 0.3 MMT and 0.6 MMT, data released by the Oil Ministry showed. Crude oil imports increased by 5.7 per cent and 0.9 per cent during January 2024 and April-January 2023-24 respectively, compared to the corresponding period of the previous year. The net import bill for oil and gas was $11.7 billion in January 2024 compared to $10.6 billion in January 2023, according to PPAC.

jobs and professional networking platform apna.co showed. The survey also noted that 90% of employers acknowledge the importance of breaks in enhancing efficiency, with 13% emphasising the crucial role of encouraging regular breaks and leaves.

Nifty on Wednesday ended 142 points weaker to form a Bearish Engulfing pattern on the daily chart, indicating a potential pause in the ongoing rally. The bullish chart pattern like higher tops and bottoms continued as the per daily timeframe chart and Wednesday's swing high of 22,249 could now be considered as a new higher top of the sequence. Hence, short-term weakness could be expected and the next lower supports to be watched at 21,850-21,750 levels, said Nagaraj Shetti of HDFC Securities.

Blue Bloods is a drama revolving around the family of Reagan, an intergenerational group enormously dedicated to New York City's law enforcement. Helming it is Frank Reagan, not only leading the police force in the role of the New York Police Commissioner but also navigating through the obstacles of managing his family with the same consular expertise. The show is centered on Danny, the oldest son of Frank who is an adept detective, a loyal family man as well as a veteran of the Iraq war.

Across America, people are twice as likely to know about fintech firms like Robinhood and Chime than they are to be aware of the latest services from well-established companies like JPMorgan, Goldman Sachs, Fidelity and Vanguard.

exchange-traded funds (ETFs) changing hands on the National Stock Exchange (NSE) surpassed ₹1 trillion in the first nine months of 2023-24, and for the second year in a row, reported Business Standard. The traded value has touched ₹1.19 trillion so far in fiscal 24, which is already double the pre-pandemic volumes, as per the Nifty Passive Insights report. The data for December has been released with a lag.

Yuvraj Singh will be contesting on BJP ticket from Gurdaspur parliamentary constituency, a report by Times of India stated. Currently, Sunny Deol is the BJP MP from Gurdaspur. Reports have stated that Yuvraj Singh will be replacing Deol in the 2024 Lok Sabha elections.

Rasta Roko' on 3 March. Jarange plans to implement the Rasta Roko demonstration to demand implementation of 'Sage Soyare' ordinance notification. Activist Manoj Jarange on Wednesday claimed the bill providing 10 per cent reservation to the Maratha community would not stand legal scrutiny and reiterated his demand that the Maharashtra government's draft notification on 'blood relatives' of Kunbi Marathas be converted into a law.

By Katya Golubkova

Rohit Srivastava, Strike Money Analytics & Indiacharts, says there are two segments to look for: weakest and strongest. The two weakest sectors in the market right now are FMCG and private banks based on the data from 1st of February to now. So that comes to the forefront in terms of looking at weakness developing all over again. We have seen some short-term bounce back in individual stocks. Not really recommending anything but we have seen HDFC Bank do that. We have seen ICICI Bank go back towards the highs. We look for where the breakdowns start showing up within private banks in the next couple of days and that is where the opportunities may be.” What is the setup looking like? Let us talk clearly about Nifty, Bank Nifty first and then we will talk about areas of the market which are interesting to you. How does the Nifty, Bank Nifty setup look right now? Rohit Srivastava: While the Nifty may have made a new closing high, if I go to a slightly broader index like a Nifty 500 and take the highs of January-February, then we actually have not gone past that. At this point of time, possibly this will end up being a false breakout. We are not taking it as a serious break to new highs indicating that you started a fresh rally and so on.

Investing.com — The U.S. dollar traded marginally higher in early European trade Wednesday, as traders awaited the release of the minutes from the latest Federal Reserve meeting for further clues of the path of U.S. interest rates.