Strategy Financial News
28.07 / 07:15
UPS
MET
Progressive
Strategy
WhatsApp
Jaishankar, Blinken discuss regional, global issues during meeting in Tokyo
Jaishankar on Sunday met US Secretary of State Antony Blinken and held a wide-ranging discussion on bilateral ties and regional and global issues. The two leaders met on the sidelines of the Quad Foreign Ministers' meeting in Tokyo.
28.07 / 02:09
markets
UPS
BLOCK
Progressive
Strategy
UltraTech to build on its India cements stake
UltraTech Cement is in advanced talks to buy India Cements’ VC and MD N. Srinivasan’s 28.42% stake in the South India-based company, increasing its shareholding to 51%, said people familiar with the matter. The move will trigger an open offer by UltraTech to buy additional stakes for an estimated `400-430 per share, about 8-15% higher than the current market price.
27.07 / 16:14
COST
UPS
Waves
Strategy
President
travelers
International
A new wave of electric vehicles are ready to charge at 70 mph
electric vehicles that can travel more than 300 miles on a charge, range anxiety remains a major hurdle to widespread adoption particularly in the US.
27.07 / 16:00
Williams
Strategy
Boeing
Discover
SpaceX
reports
International
Why are NASA astronauts stuck in space? Boeing’s critical failure adds to the mystery
NASA astronauts Butch Wilmore and Suni Williams, who have been living and working on the International Space Station for more than seven weeks, is still awaited. Their spacecraft, a Boeing Starliner, has been plagued by problems for a long time. Both before and after the launch, helium leaks that were discovered on board the spacecraft have been causing issues. The spacecraft's propulsion system is being impacted by these leaks, which is delaying their return, as per the reports of Yahoo news.
27.07 / 12:20
UPS
Digital
Manufacturing
Strategy
economy
wellness
country
'We are determined to transform Gujarat into a $3.5 trillion economy by 2047', says Gujarat CM Bhupendra Patel
Gujarat Chief Minister Bhupendra Patel emphasised that Gujarat is advancing towards becoming a USD 3.5 trillion economy by 2047.
27.07 / 11:11
markets
Action
security
Strategy
trends
Trade
Schools
F&O Talk| Nifty Bank may witness pullback rally if it stays above 50,400: Sudeep Shah of SBI Securities
Nifty witnessed a sharp recovery a day after monthly F&O expiry, to close near the all-time high with gains of 429 points or 1.7% at 24,835. The broader market too ended in green, up by more than 1%. The Nifty50 index started on a flattish note this week considering global cues however there was a massive selloff which took place post Budget Announcement in the first half of this week. The second half of this week belonged to the bulls as they emerged in full strength taking the index back above 24,855 levels on an intra-week basis.
27.07 / 07:31
Strategy
Workday
Freedom
performer
Inside
Interviews
Remote employee holidays for a month in Italy, during a 7-day-leave
The work-from-home (WFH) model has revolutionized the traditional nine-to-five job, creating a flexible lifestyle that seamlessly merges work and personal time. This newfound freedom allows many to incorporate self-care, leisure, and errands into their workday.
27.07 / 05:57
UPS
BLOCK
Strategy
Trade
President
International
US spars with China over who subsidises its industries the most
China sparred over industrial subsidies at the World Trade Organization on Friday, with Beijing asking to set up a dispute panel to review the Inflation Reduction Act’s tax credits and Washington responding by accusing China of hypocrisy.
27.07 / 02:53
markets
COST
Strategy
information
Invested in debt MF before 1 April 2023? You may pay 40% higher tax on gains
The withdrawal of indexation benefits on debt mutual funds, as outlined in the Union Budget for 2024-25, has left investors re-evaluating their strategies. The new policy, which affects funds purchased before 1 April 2023, imposes a flat 12.5% tax rate on gains without the previous indexation advantage. This change significantly increases tax liabilities compared to the prior 20% rate with indexation, making it a pivotal moment for investors who relied on indexation to reduce tax burdens, compelling a re-assessment of portfolio strategies.
26.07 / 16:34
Progressive
Manufacturing
Strategy
Apple
trends
reports
Apple supplier Foxconn to lead production of iPhone 16 Pro and Pro Max to be assembled in India: Report
Apple's production operations have been concentrated in China, with major partners such as Foxconn, Pegatron, and Wistron handling much of the assembly. However, this new strategy signals a shift in Apple's manufacturing paradigm, reflecting a broader trend of diversifying production capabilities.
26.07 / 09:19
markets
Digital
Strategy
Remark
trends
show
reports
Personal Loan Search Trends in India: Harnessing Digital Marketing to Unleash
search trends in the personal loan market.A report by Techmagnate,a leading digital marketing agency in India, analyzed search trends for the personal loan industry based on their volumes, types of queries, and even their market shares.By delving into the data and insights from recent search trends, financial institutions can strategically amplify their digital marketing efforts to capture a growing audience whose needs have not been fully catered to yet.Techmagnate’s comprehensive analysis of over 18,000 keywords reveals that the overall Personal Loans industry in India witnessed significant growth in search volume, with a substantial 25.73% increase from 51.64L searches in FY’22 to 64.92L searches in FY’23.Data from the Reserve Bank of India (RBI) shows that personal loans have grown by 30.8% in August 2023 as compared to the previous year. While the RBI is cautioning banks and lending institutions to put stringent checks in place for loan disbursals, the data on hand corroborates with what people are searching for.Additionally, the total credit to borrowers was INR 47.7 trillion in Aug’23, which is up from INR 36.7 trillion just a little over a year ago.While the data from Techmagnate’s search trends report takes a look at the Top 20 brands by search volumes (SV) in India, we’re taking a closer look at the Top 5 in this article.There’s no surprise that the heavy hitters of the Indian market - i.e.
26.07 / 08:46
markets
UPS
Citi
Booking
Strategy
information
DLF plans to launch Rs 1.04 lakh crore worth real estate projects in medium term
Realty major DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of Rs 1.04 lakh crore as part of its strategy to encash strong demand for luxury homes. In its latest investor presentation for the April-June quarter, DLF informed about the «planned launches of Rs 1+ lakh crore (36 million square feet) of new products over the medium term».
26.07 / 03:03
markets
Citi
Target
Strategy
economy
Olympics
shock
Fiscal policy: Don’t let rings be run around the budget deficit
It’s the season of clear targets, quick wins and instant applause, as the Olympics of 2024 kick off in Paris, a city aflutter with flags bearing their famous ‘rings of unity.’ Among other virtues, the Olympic Games offer us a contrast with economic frames, which have complex targets, slow wins and patchy applause. So much so that our heads can begin to spin if rings get run around what’s good for the economy, as if the data overload of every budget is not heavy enough.
25.07 / 23:53
CEO
Platform
Strategy
Bitcoin
Bitfarms
rights
Riot Platforms
Bitfarms Adopts New ‘Poison Pill’ Strategy After Tribunal Sides with Rival Riot Platforms
Bitfarms, a prominent Bitcoin mining firm, has adopted a new ‘poison pill’ strategy following the Ontario Capital Markets Tribunal’s termination of its initial plan to fend off a hostile takeover attempt by rival Riot Platforms.
25.07 / 20:10
markets
UPS
Strategy
students
Interviews
orienteering
strategies
Banks need to devise new strategies to attract depositors: Financial services secretary Vivek Joshi
Banks need to devise new strategies to attract depositors, financial services secretary Vivek Joshi said, even as he noted that Indian banks' low-cost deposits, current and savings accounts (CASA), are comfortable at around 41% of their total deposits.
25.07 / 19:00
Assurant
security
Strategy
Research
country
inclusion
innovations
Hail-a-tax to catch a ride: Budget focuses on MSP assurance, tax adjustments & sectoral reforms despite implementation challenges
budget's rubric comprised four stakeholders: the poor, women, youth, and farmers. What drew immediate attention was reiteration of the interim budget's announcement of MSP for farmers of a 50% margin over the cost of production. This was assured by the previous FM, but didn't see the light of day. The renewed assurance will be watched closely. Women, youth and the poor have been assured many benefits, for which disbursements will be the real test.
25.07 / 18:11
25.07 / 17:30
UPS
Provident
CEO
Strategy
Research
wellness
Union Pacific profit grows 7% as the railroad continues to get more efficient under CEO Jim Vena
Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat because it was able to continue streamlining its operations
25.07 / 16:03
markets
Strategy
Allianz
stars
Department
Portfolio manager trio from Mike Riddell's former bond team to exit Allianz GI
Joe Pak, Ravin Seeneevassen and Jack Norris, members of the firm's macro unconstrained fixed income team, will depart this summer. The trio co-managed the £2.7m Allianz Fixed Income Macro fund, which is set to close due to low assets under management. The SICAV version of the strategy closed on Friday (19 July), while the OEIC will close in September. Allianz GIobal Investors star bond manager Mike Riddell exits to join Fidelity Until its closure, the Fixed Income Macro OEIC will be run by members of the global markets team, led by core fixed income CIO Julian Le Beron, who have a...
25.07 / 14:43
markets
Digital
security
Strategy
wellness
Bitcoin
information
strategies
Kenson Investment’s Ryan Lowman on Digital Asset Trends, Myths, and Investment Strategies
Ever since Bitcoin reached a new all-time high back in March 2024, digital assets have been on top of the minds of investors around the globe. However, while the historical track record of this novel asset class is undoubtedly highly impressive, millions of investors are still wary of getting involved due to the new technologies that are at play.
25.07 / 12:28
UPS
Airlines
Strategy
Hallmark
rights
Interviews
International
Southwest Airlines is ditching open seating on flights
Southwest Airlines will soon assign seats on flights and sell some with extra legroom, making sweeping changes in a bid to broaden its appeal to passengers and boost revenue. The plans, announced Thursday, also come as it fends off an activist investor pushing for an overhaul of the airline’s leadership and operating strategy. Open seating has been a hallmark of Southwest flights since the carrier got its start over 50 years ago.
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