Track Financial News

₹4999. The smartwatch features a 1.95-inch AMOLED display, providing vibrant and clear visuals. It supports Bluetooth calling, offers 120 workout modes and gets 5ATM water resistance.

SINGAPORE—Across China and among the global scientific community, Friday’s launch of a Chinese mission to collect samples from the moon’s far side has been hailed for its potential for a scientific breakthrough. But in the U.S., lawmakers and the National Aeronautics and Space Administration are closely watching the expedition with trepidation: as a milestone in a rival’s campaign to build a base on the moon’s most strategic location. The latest frontier of the U.S.-China technological Cold War orbits 240,000 miles above us.

The nation’s second-biggest bank just launched a killer variable mortgage rate. But keep it quiet. Apparently it doesn’t want everyone to know about it.

European stocks tracked a tech-driven rally in Asia as investors awaited a critical US jobs report due later on Friday. The yen surged to a three-week high.

The volatility of the cryptocurrency market can stop investors in their tracks. However, they also know that this is a time of excitement for them with current bull runs happening all around and BEFE coin emerging as one such exciting contender with high potential. People are talking about it because it has shot up so quickly in value recently and could easily become number one on any list ranking meme currencies. So what is causing this success for BEFE? Let us take a closer look.

₹59.74 apiece on the BSE on Friday. The infrastructure and construction services company Patel Engineering is a multibagger stock that has given more than 177% returns in the past one year and over 367% returns in three years. On the technical front, Patel Engineering shares have recently undergone a notable decline and is currently trading near the ₹58 mark, closely tracking its 200-day Exponential Moving Average (DEMA).

India supports ‘Two-State solution’ for Israel and Palestine at UN Kamboj asserted that terrorism stands in direct opposition to the culture of peace, and added, “It sows discord, breeds hostility, and undermines the universal values of respect and harmony that underpin cultural and religious traditions worldwide". Kamboj emphasised on the need for constructive dialogue and urged alignment with principles of respect and diplomacy.

toddler from Arizona died after the bouncy castle he was playing in was suddenly lifted airborne and carried away by a gust of wind.Bodhi Naaf, the young son of Phoenix firefighter Karl Naaf, died from his injuries after being rushed to a local hospital.Several children were playing in the inflatable castle when “a strong gust of wind sent it airborne into the neighbouring lot,” said the Pinal County Sheriff’s Office, calling the incident a “tragic accident.” A second child was hurt but the injuries were non-life-threatening.“We would like to extend our heartfelt thoughts and prayers to the grieving family,” police added, noting that an investigation into the event is ongoing.A GoFundMe page has been set up to support the two-year-old’s parents as they mourn the loss of their son.Bodhi’s mother Cristy is currently pregnant with the couple’s second child, who is due to be born on May 31.“Amidst their sorrow, they face the daunting task of preparing for the arrival of their newborn,” writes fundraiser organizer Ashley Al-Khouri, a friend of the family.“As a community, we want to offer our support and alleviate the financial burden that accompanies such tragedies. Your donations will help Karl and Cristy focus on grieving their beloved Bodhi while also preparing for the new chapter in their lives.”The GoFundMe has raised just under US$170,000 as of Thursday morning, far exceeding its US$100,000 goal.A week before the fatal incident in Phoenix, a similar situation occurred in California.

Abhijit Chokshi, Founder, Stockifi.in, says that in the midcap space, he likes Aarti Pharmaceuticals. One of their products is APIs for caffeine and they are one of the top three players in that and the market cap right now is barely Rs 4,000-5,000 crore. He says both Aarti Pharma and Aarti Surfactants will do really well going forward. In terms of the result reactions that we have seen of late – be it Federal Bank today, the South Indian Bank numbers and the other names as well the entire stock equity ecosystem including the KFin Technologies of the world – did anything stand out from financials and stock market ancillaries? Abhijit Chokshi: I am betting mainly on PSU banks. Even though there is a lot of buzz that PSU banks are done with their rally, I believe banks like SBI, PNB will continue the rally going forward. I am expecting numbers to improve for these PSU banks. I am generally bullish on the PSU sector and specifically want to focus on banks. PNB and SBI are my picks.

personal loans is experiencing dynamic shifts, propelled by advancements in technology and intensified competition. Lenders are utilizing data analytics to enhance credit assessment and customize loan offers, which can be advantageous for borrowers with a solid financial track record, potentially leading to lower interest rates. Moreover, with the rise in internet accessibility in rural regions, lenders are focusing more on these markets by offering customized loan products and streamlining the application procedures.

Wealth technology firm FusionIQ has unveiled a new platform to make going independent easier for advisors.

Hedge funds are turning increasingly defensive as uncertainty around geopolitics and the path of interest rates, as well as the stock market’s April swoon, has investing pros spooked.

Investors pulled out a record net $563.7 million from spot bitcoin exchange-traded funds (ETFs) Wednesday amid big price swings for bitcoin (BTC). But analysts say investors have may not have a reason to worry just yet.

After the recent meme coin boom, crypto whales are cashing out. Many believe that meme coins could crash following Bitcoin’s halving. As a result, they’re using their profits to accumulate utility tokens such as Cosmos and Rollblock. These utility tokens have great potential to soar in 2024. Here’s why. 

USA Cricket has roped in Indian dairy brand Amul as the Lead Arm sponsor of its men's national cricket team for the ICC Men's T20 World Cup 2024. The announcement was made in the presence of the Consul General of India in the USA, Binaya R. Pradhan, Gujarat Cooperative Milk Marketing Federation (GCMMF) MD Jayen Mehta, and the USA cricket team at the Consulate General of India, New York. The ICC tournament will commence on June 1 with the opening match scheduled between USA and Canada in Dallas, TX. As co-hosts of this major ICC event, the USA will make its debut appearance in this global championship.

Maiva Pharma, the Benguluru based pure play injectables Contract Development and Manufacturing Organization (CDMO) catering to US market, has raised Rs 1,000 crores in primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and India Life Sciences Fund — IV (InvAscent), for a controlling stake from existing investors and infused primary capital in the company. Morgan Stanley PE Asia and India Life Sciences Fund are investing almost equally, total stake with both funds combined will be over 60% post primary investment, the company told ET. This is Maiva’s first private equity fundraise. Few existing high networth individual (HNI) investors will be exiting.

Axis Mutual Fund has announced the launch of Axis Nifty Bank Index Fund, an open-ended index fund tracking the Nifty Bank TRI. This open-ended index fund aims to track the Nifty Bank TRI, providing investors with a mechanism to participate directly in the growth narrative of leading Indian banks, the fund house said in a release. The new fund offer or NFO will open for subscription on May 3 and close on May 17.

Credit cards have become part and parcel of our daily financial habits. We use credit cards every day for making transactions as it is not only easy but convenient to track our expenses. However, it becomes important for us to opt for cards that are valuable for us and more importantly those which are helping us save money.

With artificial intelligence (AI) seen as the next big frontier for tech businesses, Microsoft’s global expansion budget has been grabbing attention. The company has declared it plans to invest $1.7 billion in Indonesia over the next four years to expand its cloud infrastructure, especially for AI support.

Sensex declined 188.50 points, or 0.25%, to close at 74,482.78, while the Nifty 50 settled 38.55 points, or 0.17%, lower at 22,604.85. “We expect the market to continue its positive momentum supported by healthy Domestic Institutional Investors (DIIs) and retail buying and going Q4 result season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. The Indian stock market was closed on May 1 on account of Maharashtra Day.

Bitvavo, the Amsterdam-based cryptocurrency exchange known as the largest EUR spot exchange globally, announced a strategic collaboration with Figment on May 1, a leading provider of staking infrastructure. The partnership sees Bitvavo leveraging Figment’s institutional-grade infrastructure to power its staking services.