Track Financial News

Mumbai's 10% price growth in the past 12 months driven primarily by affluent homebuyers looking for a lifestyle upgrade in the backdrop of a strong economic environment which continues to gain momentum. Mumbai recorded the third highest year-on-year growth in prime residential prices during the quarter, pushing it up the ranking table by five places to 3rd position from its 8th position in December 2022.

By Dawn Chmielewski and Svea Herbst-Bayliss

A judge has denied Apple’s motion to dismiss a class-action lawsuit claiming that stalkers are using its AirTag devices to track victims — and that the tech giant hasn’t done enough to prevent them

Investing.com — The U.S. dollar rose in European trade Wednesday ahead of the Federal Reserve latest policy decision, while sterling fell after signs of cooling U.K. inflation and the Japanese yen continued to retreat. 

Knight Frank's latest report, released on March 20. The Prime Global Cities Index, which tracks the movement of prime residential prices across 45 cities worldwide, saw Mumbai leapfrog five places from its 8th position in Q4 2022 to claim the third spot. This remarkable surge highlights the city's growing appeal among high-net-worth individuals and the resilience of its luxury housing segment.

Motorola and a listing on Flipkart have provided glimpses into what the Edge 50 Pro has in store. Touted as an "AI phone," it's rumored to integrate advanced smart capabilities akin to those seen in the Google Pixel 8 series. Flipkart's listing sheds light on the device's AI prowess, highlighting features such as AI-powered wallpaper reminiscent of the Samsung Galaxy S24 series.

plants a bomb in a cafe. Another man comes from Delhi and raises pro-Pak slogans in the Vidhan Soudha. Another man comes from Kerala and throws acid at college students," the BJP MP said.

Garden centers enjoyed a pandemic boom, particularly with millennials, as people looked for outdoor activities during lockdowns

health insurance has become a must. Many of you have already purchased a health insurance policy to protect yourself and your loved ones against medical emergencies. One hopes that the insurer will provide financial support when the medical need arises. The story is not very different when it comes to another general insurance segment like car insurance. However, do you know how good your insurer is in settling claims and how long it takes for your health or general insurer to settle claims? Or how many claims did they reject last year? It is important to keep track of the claim settlement performance of your insurer. If you are not satisfied with the way the insurance company settles claims, you have the option to port to another insurer. The next question is how to find out how your insurer has been settling claims in the past. The Insurance Regulatory and Development Authority of India (IRDAI) has released the claims payment details of general and health insurance companies for the financial year 2022-23. Apart from health insurance claims, the percentage claim paid in general insurance companies also includes other insurance verticals like motor, fire, marine, and other insurances.

When executives at retailer Untuckit considered locations for a new store on Long Island, N.Y., they initially dismissed a location they felt was too close to an existing store at the Roosevelt Field mall. Then the men’s apparel brand saw the cellphone data. It showed the two locations were drawing customers from opposite ends of Long Island, convincing them that if they were to add a store at the second mall, it wouldn’t cannibalize the first.

LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said that fees on its flagship product will come down over time, after its outflows reached $12 billion.

Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros from 9.99 euros following discussions with privacy regulators, a senior Meta executive said on Tuesday. The move came amid mounting criticism from users about Meta's no-ads subscription service launched in Europe in November which critics say requires users to pay a fee to ensure their privacy.

Indian rupee continued its downward path to touch 83 against the U.S. dollar, for the first time in a month on Tuesday afternoon, weighed by elevated global crude oil prices and tracking weakness in other Asian peers. The partially convertible rupee was trading at 82.9875/9975 per dollar at 0830 GMT after touching 83.0050, its weakest since Feb.

Bitcoin fell by as much as 5.7% on Tuesday, on track for its largest one-day drop in two weeks, as a wave of selling hit cryptocurrencies and other risk assets, such as stocks. The price was last down 4.2% at $64,550, having dropped to a two-week low of $63,555, while ether fell 4.4% to $3,355.

Pankaj Pandey, Head Research, ICICIdirect.com, says there are SIP inflows of nearly Rs 19,000 odd crore on a monthly basis. On top of it, there are about Rs 3,000 to 4,000 odd crore of inflows from the ETF perspective. Overall, the domestic liquidity is still quite good and that is where even if there is a bit of a selling there, that is not going to change the market trajectory overall. FPI inflows come and go and which is what we have seen last year also. We had some interesting data that we were culling out talking about the kind of promoter stakes sales that we have witnessed in the last month or so of Rs 43,000 crore. How are you reading into this? MNCs as well as ITC, IndiGo, TCS, etc, are in that list? Pankaj Pandey: From FPI perspective, we have seen inflows of about Rs 40,000 odd crore. But our sense is that most are stock specific cases. For example, in IndiGo, one promoter has been continuously paring down his stake. Whereas in the case of ITC, nothing changes structurally because of the high amount of debt and so a stake sale does not really change the overall texture of the company's growth.

Pro tip: Leave room for flexibility, as spontaneous plans can sometimes make the best memories! Having a FASTag on your car makes your drives seamless and cost-effective. Did you know you need to pay twice the toll if you choose to pay via cash and not FASTag? If you are worried aboutregistration woes and transactional issues associated with a FASTag, leave it to Airtel Payments Bank. Getting a NETC FASTag with Airtel Payments Bank is a breeze.

Investing.com-- Most Asian stocks fell on Tuesday amid persistent anxiety over an upcoming Federal Reserve meeting, while Japan's Nikkei 225 pared early losses after the Bank of Japan hiked interest rates but maintained a dovish stance.

Sensor Tower said it is acquiring rival firm Data.ai in a move that could create a powerhouse entity in the mobile intelligence industry. Financial details of the deal were not disclosed. Both market intelligence platforms, Sensor Tower and Data.ai help businesses and developers track key metrics for their mobile apps, such as download estimates, active user base, in-app revenue generation, and user engagement relative to specific demographics and competitor performance.

TCS, Reliance Industries, and Infosys, while Asian peers declined ahead of key central bank decisions from Japan and the U.S. The BSE Sensex was trading 366 points or 0.50% lower at 72,382. Nifty50 was trading at 21,955, down 101 points or 0.46% at around 9.17 am.

Investing.com-- Most Asian stocks fell on Tuesday, with Japanese markets losing ground before a potentially historical policy shift from the Bank of Japan, while anticipation of a Federal Reserve meeting kept sentiment subdued. 

iPipeline, a global fintech provider that caters to the life insurance and financial services sector, is changing the face of annuity management by taking a page from the UberEats playbook.