Track Financial News

Mint in the week gone by. The Centre’s tax collections finally got back on track in August and September, while private equity firm Blackstone Group Inc is making an entry into India's healthcare sector by acquiring controlling stakes in Care Hospitals and Kims Health. After facing a slow pace in the first four months of the fiscal year, the central government’s gross tax collections have started showing healthier trends since August.

It’s easy to get swept up by Wall Street's hullabaloo over high interest rates, rising Treasury yields and other superlatives about financial markets

Federal safety investigators say the automatic braking system railroads were required to install several years ago needs improvement to prevent more derailments

Switzerland’s national rail operator says the world’s longest rail tunnel won’t be fully reopened to train traffic until next September, again pushing back the target date for repairs of damage caused by a cargo train derailment

The National Retail Federation, the nation’s largest retail trade group, expect shoppers will spend more this year than last year, but their pace will slow given all the economic uncertainty

Federal officials say their investigation into a Colorado coal train derailment that killed a truck driver and shut down a major highway is focused on whether inspection and maintenance practices at BNSF Railway contributed to the accident

Beatles song featuring the voice of late member John Lennon and developed using artificial intelligence will be released on Thursday at 1400 GMT alongside the band's first track, record label Universal Music said. Called «Now and Then», the song — billed as the last Beatles song — will be released in a double A-side single which pairs the track with the band's 1962 debut UK single «Love Me Do», Universal Music Group said in a statement.

Q. I am a software engineer working at the second headquarters of a global MNC in Hyderabad, my wife is also a software engineer running a small app development start-up. We have been investing in the Indian stock market for the past 7 years. However, the market has been erratic for the past 1-2 years. We are now planning to diversify our mutual fund investment into foreign funds too. We are planning to invest in international index mutual funds tracking US indices launched by several Indian mutual fund houses. At present, we are confused between the S&P 500 and the Nasdaq 100. Can you please throw some light on the differences between the two indices and the pros and cons of investing in international mutual funds? 

The Beatles, one of the greatest music groups from the UK, launched their last ever track called “Now and Then,” today at 2 p.m. (GMT). The song includes significant contributions from all the four band members most notably, the vocals from the late John Lennon and guitar riffs from the late George Harrison as well. As per reports, Harrison did not like the song and also it was believed by the fans that this track will never be released. However, since it has been released today, this has resulted in both fans and music experts being excited as it will signify a “last flourish” of the one the world’s greatest music bands. Dr. Holly Tessler, an expert on Beatles’ legacy and history from the University of Liverpool said with reference to the track’s release that this moment will feel “very sweet” for the fans and that it will also feel like “an ending.” Tessler also added that the living members of the band, Ringo Starr and Paul McCartney, both well in their 80s are “drawing a line,” with this new release.

By Chibuike Oguh

productivity grew at its quickest pace in three years in the third quarter, depressing labor costs. Nonfarm productivity, which measures hourly output per worker, increased at a 4.7% annualized rate last quarter, the fastest since the third quarter of 2020, the Labor Department said on Thursday. Data for the second quarter was revised slightly higher to show productivity growing at a rate of 3.6% instead of the previously reported 3.5% pace. Economists polled by Reuters had forecast productivity increasing at 4.1% rate.

The first of these exciting store openings is set for next week, with M&S' brand-new Birmingham Bullring store opening its doors to the public on November 7. This store will feature an array of offerings, including clothing, home, and beauty departments, as well as a revamped M&S Foodhall that offers a unique marketplace ambiance. The new stores will also include an expanded M&S Bakery where shoppers can look forward to fresh produce displays.

By Robert Harvey

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Ultra-high-net-worth art collectors are pulling back, according to a new report conducted during the summer by Art Basel and UBS.

GST) revenue hit ₹1.72 trillion in October, the second-highest since the rollout of this indirect tax regime. The average monthly GGST collection during the first half of 2023-24 has been ₹1.65 trillion, which has become a new benchmark. This monthly revenue figure has been tracked in recent years as an indicator of economic growth.

MCX share price continued its upward trend for the fourth consecutive session on Thursday and hit a 52-week high led by strong buying interest in the stock. MCX shares have rallied over 7% in the past one week. On Thursday, MCX shares gained as much as 2.43% to a record high of ₹2,447.40 apiece on the BSE.

Investing.com-- Bitcoin prices rose on Thursday after the Federal Reserve struck a less hawkish tone than markets were expecting, with broader cryptocurrencies also advancing as the dollar weakened and traders bet on no more interest rate hikes. 

Tyring to find the best time to buy or sell a fund is most likely futile. Most of the time, even outperforming funds basically track or trail the index, according to research by Morningstar.

Women now make up at least half of full-time M.B.A. students at five top business schools, the most to reach that milestone in a given year, new data show. The rising share of female M.B.A.

New Delhi: On 30 October, Apple sent an unusual notification to several prominent Indians, including members of Parliament Raghav Chadha and Shashi Tharoor, Congress media chairperson Pawan Khera, and others. The ‘threat notification’ said their devices may have been targeted by state-sponsored attackers. Mint explains.