Track Financial News
18.10 / 15:03
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Northern Railway introduces 34 special trains to clear festive rush of passengers
Northern Railway has introduced 34 special trains starting Wednesday to clear the festive rush of passengers planning to travel to their home destinations. These special trains will make 377 trips — 351 towards the eastern part of the country and 26 towards the northern region — between October 18 and December 11. «Besides these 34 trains, additional coaches will be added to existing 69 trains and, in all, the Northern Railway will create 5.5 lakh additional berths and seats considering the increase in passenger movement during the festive session,» Shobhan Chaudhuri, General Manager, Northern Railway, told reporters.
18.10 / 13:33
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Cyclone Tej: Post-monsoon first signs of a cyclonic storm appear in Arabian Sea
PTI citing an official at the IMD, a cyclonic circulation over the southeast Arabian Sea and the adjoining Lakshadweep region has been seen. Due to which a low-pressure area is likely to be formed over the same region. At present, the probability of the system intensifying into a cyclonic storm is not notably high.
18.10 / 13:17
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Lowe's
Target
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USD/JPY May Dip Near Term, But Bulls Still Eye 36-Year High of 153
USD/JPY, one of the year’s favorite currency plays, could be on track to a 36-year high in favor of the US dollar, though the Japanese component of the pair could regain some strength in the near term.
18.10 / 12:21
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UBS
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recovery
500
Geopolitical tensions
UBS sees S&P 500 facing delayed recovery amid geopolitical tensions, higher for longer
Recent weeks have seen increased volatility in equity markets, primarily influenced by evolving expectations regarding Federal Reserve policy rates and geopolitical factors following the Israel-Hamas war.
18.10 / 11:11
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Inside
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Features
Lamborghini Huracan Sterrato set to roar in India, deliveries to begin soon! Check price, features and more
Lamborghini Huracan Sterrato is produced in limited quantities, with only 1,499 units available worldwide. Among these, just 15 units were allocated to India, and they have all been snapped up by eager buyers, despite the starting price of ₹4.61 crore ex-showroom, exclusive of any additional options. Compared to the standard Huracan Evo, the Sterrato exhibits a notable 44 mm increase in ground clearance, reaching 171 mm.
18.10 / 11:05
18.10 / 11:05
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500
Goldman warns any S&P 500 rally could be short-lived amid geopolitical risks
Goldman Sachs strategists have issued a cautious outlook for the potential rally in risk assets, particularly stocks, as the year draws to a close. The S&P 500 closed the day nearly unchanged at 4,373 despite rising yields and a rally in oil prices.
18.10 / 10:35
18.10 / 08:09
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TradFi
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18.10 / 07:11
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Financial
Q2 results review: Bajaj Finance versus Jio Financial - What should you buy post earnings?
₹3,550 crore in Q2FY24, compared to ₹2,781 crore in the corresponding period last year. Net interest income (NII) of Bajaj Finance, on a consolidated basis, in Q2FY24 increased by 26 per cent to ₹8,845 crore from ₹7,002 crore, year-on-year (YoY), according to the company's exchange filing. Its assets under management (AUM) grew 33 per cent YoY to ₹2.9 lakh crore and interest income showed a growth of 38 per cent to ₹11,734 crore.
18.10 / 06:15
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Experts
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recommendations
Sectoral, thematic mutual funds get substantial inflows. Should you invest?
mutual funds in the past one year ending September 30, 2023. The mutual fund schemes witnessed an inflow to the tune of ₹22,837 crore, next to only small cap mutual funds and around 18 percent of the total equity inflows. Around 75 percent of the flows came through new fund offers (NFOs).
18.10 / 06:15
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NIFTY
Fitch
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NOT
Why investing in US bonds may not be a good idea
‘Know how to diversify your portfolio with US bonds’. My point of view is different, which is why I felt the need to write this edition of Contramoney on the subject. My goal is to lay out the facts as I understand them to be, and then leave it to you, dear reader, to decide what you want to do with your money.
18.10 / 05:17
Career
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Mela Ventures ropes in former Mphasis executive Viju George as partner
Mela Ventures, an Alternative Investment Fund (AIF) founded by Mindtree cofounders Krishnakumar Natarajan and Parthasarathy NS, has roped Viju George as its full-time partner. With a career spanning over a couple of decades, Viju has driven strategic financial initiatives within the technology sector and has deep understanding of market trends, financial modelling, and investment analysis, said the company.
18.10 / 04:23
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AXY
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Interface
Bill
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10 reasons why you should link your Rupay credit card with UPI
UPI payments have grown by leaps and bounds in the last few years. But paying with a bank account does not have any benefits for credit card enthusiasts. This has changed now as RBI and NPCI have enabled Rupay credit cards for UPI payments. Soon, we will be able to use Rupay credit cards for UPI QR codes.
18.10 / 04:23
UPS
Progressive
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Asia FX creeps higher on China GDP beat, M.East tensions weigh
Investing.com-- Most Asian currencies firmed slightly on Wednesday tracking a stronger-than-expected reading on Chinese economic growth, although fears of an escalation in the Israel-Hamas war limited any major gains.
17.10 / 23:23
UPS
Provident
CEO
track
electronic
reports
Bank of America sees decline in income for wealth group
Despite the broad stock market’s rise over the past year, with the S&P 500 up almost 19% in that time, Bank of America’s Global Wealth and Investment Management group, which includes Merrill Lynch, reported net income Tuesday morning of $1 billion in the quarter that ended in September, a decrease of 13% compared to the same period last year.
17.10 / 19:33
BLOCK
Highways
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Broken rail caused Colorado train derailment that collapsed bridge, preliminary findings show
Federal authorities say a broken rail caused a train derailment that collapsed a bridge over a Colorado highway
17.10 / 16:17
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Award-winning Palestinian author's event cancelled at Frankfurt Book Fair; open letter condemns move
Minor Detail, which highlights the alleged atrocity committed by Israeli military personnel against a Bedouin girl in 1949. Track latest updates of Israel-Palestine war The decision to celebrate Shibli, and to hold panel discussions featuring her, was cancelled by Litprom following the October 7 attack by Hamas fighters at locations in southern Israel. Also, the author's work has also drawn “anti-Semitism" allegations from some corners.
17.10 / 14:53
COST
UPS
Strategy
track
2020
How you can save tax on old investments in debt funds
Rebalancing act Putting fresh money in new debt funds or mutual fund folios rather than in old fund is one of the ways in which investors can still keep a large part of their investments tax-efficient. “Investments needed for short-term objectives can go into new funds, so that older funds continue to build up their tax-efficiency with indexation," says Amol Joshi, founder of Plan Rupee Investment Service. Investment advisors often ask investors to adjust their asset allocations in line with market conditions.
17.10 / 13:55
Target
BMW
Nov
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reports
Lucid posts 4% rise in quarterly deliveries as promotional price helps demand
(Reuters) -Lucid Group posted a near-4% sequential increase in deliveries for the third quarter after the electric-vehicle maker offered a promotional price to aid demand for its Air luxury sedan.
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