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27.12 / 11:37
pandemic
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Financial
Americans ramped up spending during the holidays despite some financial anxiety and higher costs
Mastercard SpendingPulse said Tuesday that holiday sales rose this year
27.12 / 11:36
Discover
show
Inside
travelers
A 6-year-old boy traveling alone for Christmas was put on the wrong Spirit flight
A 6-year-old boy who left on a flight to visit his grandmother was put on the wrong plane
27.12 / 11:31
economy
Nikkei
NetEase
show
track
reports
guidelines
Stock market today: Global shares climb, tracking advance on Wall Street
World shares have advanced, tracking gains on Wall Street after markets there reopened following Monday's holiday
27.12 / 10:53
Provident
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information
The most bought Stocks and Shares ISA funds in 2023
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27.12 / 10:50
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recommendations
prevention
IBBI prepares list of 787 insolvency professionals to expedite resolution process
bankruptcy regulator has firmed up a provisional list of 787 insolvency professionals (IPs) that it will share with the adjudicating authority to choose from to oversee various cases of resolution or liquidation. The move is aimed at avoiding administrative delays in the appointment of IPs to expedite insolvency resolution and prevent further erosion of stressed asset value, said a senior official.
27.12 / 10:49
Provident
Mobile
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country
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Department
Three immigration agents held for forging bank statements of visa seekers
immigration consultancy firm in Gujarat's capital Gandhinagar were arrested by the state Crime Investigation Department (CID) on Wednesday for allegedly forging bank account statements of visa seekers, said an official. Investigation revealed that the accused trio used to prepare fake statements of their clients' bank accounts and attach the forged documents with their visa applications to get speedy approval from the authorities, said a release by the state CID (Crime and Railways). Embassy officials review bank statements to ensure that visa seekers meet the financial requirements for their intended stay in the host country.
27.12 / 10:49
FIVE
Gap
Strategy
Nikkei
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track
Sensex jumps 700 points to conquer Mt 72K. Key factors behind the post-Christmas bash
Sensex rallied over 700 points on Wednesday to scale the 72,000 mark for the first time. Nifty, too, hit a fresh all-time peak of 21,654.75 amid all-round buying in banks, auto, metals and IT stocks. The market rally was broad-based but Nifty's 1% rise left smallcap and midcap indices behind as investors found more value in bluechips after the non-stop rally seen in smaller stocks. UltraTech Cement ended over 4% higher, along with other cement stocks, after Nomura upgraded the sectoral outlook. Among bluechips, Hindalco and Bajaj Auto ended 4% higher while heavyweight HDFC Bank advanced 1%. The combined market capitalisation of all BSE-listed stocks rose by Rs 2.5 lakh crore to Rs 361.4 lakh crore. Here are the key factors behind today's rally:
27.12 / 10:08
Highways
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social
Department
gatherings
prevention
Viral video: Onlookers loot chickens after an accident on Agra-Delhi highway due to fog
chickens collided with other vehicles amid dense fog. The incident took a troubling twist as onlookers and commuters, instead of assisting the injured driver, engaged in looting the birds from the stranded vehicle.
27.12 / 09:50
show
blues
reports
Warren Buffett indicator for midcaps and smallcaps signals caution
ICICI Securities Ltd shows that the market cap-to-GDP ratio for mid and small-cap stocks is at an all-time high as market cap expansion exceeds economic growth. This ratio is derived by using the total market cap of a country’s listed stocks as the numerator and GDP as the denominator. According to Buffett, it’s "probably the best measure of where valuations stand at any given moment".
27.12 / 09:47
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Fighting
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Pakistan news: Police re-arrest PTI's Shah Mehmood Qureshi after release in cipher case | Watch video
stating his rights. This is absolutely shameful, disgusting conduct by those who get paid by us!," PTI official said in a post on X. The video, which is doing rounds on social media shows the former Foreign Minister vehemently objecting to the "illegality" of the police's actions, only to be forcefully pushed into a reinforced police vehicle by Punjab Police.
27.12 / 09:45
Align
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social
reports
WATCH Video: China's Long March 11 boosters crash in Guangxi region
China Aerospace Science and Technology Corporation, the Long March 11 carrier rocket blasted off from the Xichang Satellite Launch Center in Southwest China's Sichuan Province. A pair of side boosters from the Long March 3B rocket used in a recent launch appear to have descended near populated regions in the Guangxi province, downrange from the Xichang launch site in Sichuan.
27.12 / 09:30
FIVE
Strategy
show
performer
stars
Mutual fund returns: 5 top performing value funds of 2023
Before investing in a mutual fund scheme, investors tend to view the historical returns as one of the key criteria. Apart from the past returns of a mutual fund, other significant factors that impact an investor’s decision of whether to invest or not include the fund house’s reputation, category of scheme, and the overall market performance, among others.
27.12 / 08:56
Experts
show
reports
Share price of GAIL falls as Sensex gains 298.84 points
GAIL (India) Ltd. dropped 1.1 per cent to Rs 152.3 at 01:55PM (IST) in Wednesday's trade. The stock has hit a high of Rs 155.5 and low of Rs 150.75 so far during the session.
27.12 / 08:56
Experts
show
PI Industries shares gain 0.1% as Sensex rises
PI Industries Ltd. traded 0.1 per cent up at Rs 3456.0 at 01:50PM (IST) on Wednesday, even as BSE benchmark Sensex gained 327.96 points to 71664.76.
27.12 / 08:54
Man
Manufacturing
Bayer
Experts
show
week
European shares edge higher at start of holiday-thinned week
European shares were marginally higher on Wednesday as robust China data lifted miners, while an overnight Wall Street rally amid persisting optimism the Federal Reserve could begin cutting rates as early as next March helped tech stocks rise. By 0814 GMT, the pan European STOXX 600 rose 0.1% at 477.83 points following an over 0.4% gain across major Wall Street indexes overnight. Basic resources was amongst the top gainers, rising 0.4% as most base metal and iron ore prices advanced after data showed manufacturing activity in top consumer China improved last month, while energy advanced 0.6%. The technology sector, which houses Europe's major chipmakers, jumped 0.7%, in line with their rising Wall Street counterparts. Keeping a lid on gains, telecoms and insurers fell 0.4% each. Volumes are expected to be light as traders return from an extended Christmas break with only a few trading days left in 2023. Bayer rose 1.7% after the German drugs-to-pesticides group said it has won a trial in a lawsuit brought by a California man who said he developed cancer from exposure to its Roundup weedkiller.
27.12 / 08:54
Experts
show
reports
Share price of SRF falls as Sensex gains 324.72 points
SRF Ltd. dropped 0.87 per cent to Rs 2469.0 at 02:00PM (IST) in Wednesday's trade. The counter has hit a high of Rs 2512.0 and low of Rs 2461.1 so far during the session.
27.12 / 08:52
Experts
show
reports
Share price of Varun Beverages falls as Sensex gains 359.49 points
Varun Beverages Ltd. dropped 0.81 per cent to Rs 1240.0 at 02:10PM (IST) in Wednesday's trade. The counter has hit a high of Rs 1250.7 and low of Rs 1235.5 so far during the session.
27.12 / 08:39
economy
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performer
2024
budget 2024
Financial
Budget 2024: No populist measures expected, says Seemant Shukla of JM Financial
populist measures are expected in the upcoming Budget. It would — in all likelihood — be pragmatic while there could be some extra push to infrastructure, says Seemant Shukla, Chief Business Officer (CBO) of JM Financial Asset Management. In an email interview with Mint, he speaks about the growing fascination for SIPs (Systematic Investment Plan) among retail investors, best performing sectors of 2023 and the expectations from the market in 2024.
27.12 / 08:29
Career
Audi
film
Actor
show
audience
reports
Happy Birthday, Salman Khan: A look at Bhai's net worth; earnings from films, Bigg Boss and more
Salman began his career in 1988 with 'Biwi Ho Toh Aisi' and since then there has been no turning back for him. In addition to films, the actor is also a film producer, and host on the television reality show Bigg Boss. Born to Salim Khan and Salma Khan, he has two brothers Arbaz Khan and Sohail Khan and 2 sisters Alvira Khan Agnihotri and Arpita Khan.
27.12 / 08:28
Booking
Experts
show
Page Industries shares rise 0.01% as Nifty gains
Page Industries Ltd. traded 0.01 per cent up at Rs 37545.2 on Wednesday at around 01:39PM (IST), while the benchmark BSE Sensex advanced 232.35 points to 71569.15. As many as 111 shares changed hands on the counter with a total value of Rs 0.42 crore.
27.12 / 08:07
FIVE
Reuters
economy
Fitch
Experts
show
reports
Sensex rallies over 500 points today, up over 7% in December so far; 5 reasons why market is gaining - explained
BSE-listed firms is now near ₹361.3 lakh crore. Also read: Market momentum may continue in 2024; FPI money will continue to pour into India, says Ajit Banerjee Here are the five factors that experts believe have boosted market sentiment: As the US inflation has been cooling of late, market participants are buying stocks aggressively, expecting the US Federal Reserve to start cutting interest rates as early as March next year. "Market pricing now shows a more than 80 per cent chance the Fed is likely to begin cutting rates next March, according to the CME FedWatch tool, with over 150 basis points of easing priced in for all of 2024," reported Reuters.
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