Show Financial News

Polygon’s (MATIC) network is abuzz over an expected partnership with a significant player in the banking industry. Ordi has declined despite being on a sharp rally since November 2023.

Capital markets regulator Sebi has kept in «abeyance» the proposed Rs 1,500 crore Initial Public Offering (IPO) of Asirvad Micro Finance, a subsidiary of listed NBFC Manappuram Finance. However, the Securities and Exchange Board of India (Sebi) did not clarify further. Reacting to the development, shares of Manappuram Finance plunged as much as 7.45 per cent to a low of Rs 163.40 apiece on the BSE on Wednesday.

Right around the start of November, two words suddenly disappeared from the chatter in the bond market: debt supply. As bond prices surged across the developed world day after day, sending yields tumbling and handing investors some much-needed profits, the angst about soaring budget deficits melted away.

Taylor Swift fans by releasing fake advertisements employing AI-generated videos of the Grammy winner peddling Le Creuset ovens in an attempt to steal money and data from fans. The ad shows the singer-songwriter standing next to the Le Creuset Dutch oven, which, runs between $180 to $750, depending on the size and style. The fake Taylor Swift tells fans that she is 'thrilled' to be giving away free sets of expensive cookware, but only if they click on a link and answer a few questions.

This year’s luxury housing market will be dominated by buyers clamoring for sustainable homes, according to a new Luxury Outlook Report from Sotheby’s International Realty.

Chicken seekh kabab is the most tried plant-based meat product followed by popcorn chicken, chicken samosa and chicken biryani, while soy milk is the most tried plant-based dairy product, followed by almond milk and oat milk, found a study on consumer awareness about alternative proteins, carried out by the Good Food Institute India (GFI India). GFI India, the central expert organization and convening body in the alternative protein sector, in collaboration with Kantar World Panel, unveiled a new study on consumer awareness, trial, and purchase behavior for plant-based meat and dairy today. «Coinciding with the global phenomenon of Veganuary, which inspires millions to try plant-based diets every January, the report sheds light on the evolving landscape of consumer adoption of plant-based alternatives to meat and dairy. With 377 products spanning 41 formats and 73 brands, the sector has witnessed rapid growth over the past few years, presenting consumers with an array of choices in plant-based meat, dairy, and egg categories,» said GFI in a media release.

The life insurance sector reported a growth of 8.7% in annualised premium equivalent (APE) for December, with the private players turning in a good show with a rise of 11.4% in retail policies.

The drama between Jimmy Kimmel and Aaron Rodgers continues to drag on, with the quarterback refusing to apologize after he suggested that the talk show host’s name will eventually surface on the list of Jeffrey Epstein’s associates.

By Qiaoyi Li and Brenda Goh

Japan’s transportation ministry says it has introduced improved emergency measures for the country’s airports, a week after a fatal collision between a Japan Airlines jetliner and a coast guard plane at Tokyo’s busy Haneda airport that is seen as a res...

BERLIN (Reuters) — German wholesalers expect their revenues to fall 2% in nominal terms this year, continuing a downward trajectory after a 3.75% decline last year, the BGA lobby group said on Wednesday, saying sentiment in Europe's biggest economy was «on the floor».

Investing.com-- Gold prices moved little in Asian trade on Wednesday, retaining most of their losses from the prior week as investors questioned bets on early interest rate cuts by the Federal Reserve.

Investing.com — The U.S. dollar edged lower Wednesday, trading in a tight range with traders on edge before key U.S. inflation data that could influence the future path of interest rates.

Investing.com — European stock markets edged largely lower Wednesday amid caution ahead of key U.S. inflation data, even after the release of better-than-expected French industrial production. 

Investing.com-- Most Asian stocks retreated on Wednesday as investors remained on edge over U.S. inflation and early interest rate cuts, while Japan’s Nikkei 225 jumped to a 34-year high amid growing expectations of a delay in the Bank of Japan’s plans to tighten policy.

The planners of Ukraine’s counteroffensive against the country’s Russian invaders last year envisioned that elite forces, like the unit led by Capt. Anatoliy Kharchenko, would sweep in to deliver the final blows of a D-Day-like triumph. But by the time paratroopers in Kharchenko’s company entered the battle on a moonless night last August, the counteroffensive was already skidding toward failure—and his men were about to learn all of the deadly reasons why.

BSE Sensex ended higher by 271.50 points or 0.38% at 71,657.71 level while the Nifty 50 closed at 21,618.70 level, up 73.85 points or 0.34%. The official start of the earnings season is scheduled for this Thursday with the Q3FY24 results from Tata Consultancy Services (TCS) and Infosys.

The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to tighten their belts, according to global investment figures shared exclusively with CNBC.

Puravankara has reported a sales value of Rs 1,241 crore for Q3FY24, a significant surge from the Rs 796 crore noted in the corresponding quarter of the prior fiscal year. Puravankara highlighted its record customer collections in Q3 FY24, reaching Rs 941 crores, marking a 52% year-on-year increase from Rs 621 crores in Q3 FY23. Ashish Puravankara, Managing Director, Puravankara Ltd., said, “The first nine months of FY24 has seen exceptional pre-sales, marking a strong growth of 89 percent Y-o-Y growth.

Capital markets regulator Sebi has kept in «abeyance» the proposed Rs 1,500 crore Initial Public Offering (IPO) of Asirvad Micro Finance, a subsidiary of listed NBFC Manappuram Finance. However, the Securities and Exchange Board of India (Sebi) did not clarify further. Reacting to the development, shares of Manappuram Finance plunged as much as 7.45 per cent to a low of Rs 163.40 apiece on the BSE on Wednesday.

Tube Investments of India Ltd. rose 0.3 per cent to Rs 3800.0 in Wednesday's trade. It hit an intraday high of Rs 3898.0 and low of Rs 3743.3, respectively, during the day.