Track Financial News

By Andrea Shalal

By Gabriel Araujo

Role in diversification Fixed income investments are currently offering attractive interest rates ranging from 8.5% to 9.36% annually, nearing an all-time high for FD (fixed deposit) rates in India. As investors strive for financial success and stability, many adopt a balanced approach in their portfolios, allocating approximately 50% to stocks and 50% to fixed income. This balanced approach aims to mitigate risk and enhance long-term returns.

Omicron variant gains momentum. The continued evolution of the virus is a reminder that Covid-19 remains a nuisance for many and a serious risk for some even though the disease is far less disruptive than it once was. A rising tide of virus concentrations in wastewater and infections in hospitals show Covid-19 remains unpredictable.

proton pump inhibitors (PPIs) and an increased risk of dementia. The study, led by Dr. Kamakshi Lakshminarayan from the University of Minnesota School of Public Health, sheds light on the need for further investigation into the relationship between these commonly used acid reflux medications and cognitive health.

FMCG) sector grew 7.5% by volumes in the April-June 2023 quarter, the highest in the last eight quarters, led by revival in rural India and higher growth in modern trade, researcher NielsenIQ said in its quarterly report Thursday. By value, the industry grew 12.2% in the quarter, 1.3% higher than the same period last year, driven by higher consumption growth, the researcher said. This growth comes two years after the industry, impacted by high inflation, had seen price-led growth for more than two years.

Oscars 2024, specifically for the category of Best International Feature. Each entry for this prestigious award is currently being highlighted and detailed on this particular page. Scheduled for March 10, 2024, the 96th edition of the Academy Awards is poised to unfold at the illustrious Dolby Theatre located in Los Angeles. In cinematic terms, an international feature film is classified as a motion picture of extended duration (running for more than 40 minutes) crafted outside the borders of the United States. These films predominantly feature dialogue tracks that encompass languages other than English, with a minimum threshold of more than 50 per cent non-English content. The category further extends its scope to encompass animated as well as documentary features. To be eligible for consideration, the submitted films must have experienced theatrical releases within their respective countries during the timeframe spanning from December 1, 2022, to October 31, 2023. The Academy's stipulated deadline for these submissions is set at October 2. On December 21, a shortlist comprising 15 finalists will be announced. Subsequently, the ultimate five nominees will be unveiled on January 23. Reflecting on the previous year's proceedings, the 2023 edition witnessed a substantial total of 92 submissions. Among these, the final roster of nominated films encompassed noteworthy entries such as «Argentina, 1985» from Argentina, «Close» from Belgium, «EO» from Poland, «The Quiet Girl» from Ireland, and ultimately, the triumphant victor, «All Quiet On The Western Front» from Germany.

Disney ’s era of budget-priced streaming video packages and galloping subscriber growth has come to an end. For the second time in about a year, Disney unveiled a round of major price increases to its streaming products, raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each. The company also vowed to crack down on password-sharing , an effort that streaming rival Netflix started in earnest earlier this year.

Taylor Swift has been on a roll since the past few years, with several re-recorded versions of her songs and albums. Not only that, she also released a fresh album, Midnights, in 2022. Taylor then went on to make several versions of her songs from Midnights and also released new songs. In the midst of her ongoing The Eras Tour of live shows that are a grand success, she also released a rerecorded version of her third album ‘Speak Now’. Now, Taylor Swift has announced a new rerecorded album, set to release in October 2023. The album is her 2014 Grammy Award-winning ‘1989’. Taylor Swift announced the release on Twitter / X as well as Instagram. Taylor wrote, «Surprise!!! 1989 (Taylor’s Version) is on its way to you! The 1989 album changed my life in countless ways, and it fills me with such excitement to announce that my version of it will be out October 27th. To be perfectly honest, this is my most FAVORITE re-record I’ve ever done because the 5 From The Vault tracks are so insane. I can’t believe they were ever left behind. But not for long! Pre order 1989 (Taylor’s Version) at (link to her website)“.

The 30-share Sensex fell 307 points to settle at 65,688, while the broader Nifty ended at 19,543. Sectors sensitive to domestic interest rates like banks and financial services stocks were among the top losers as Nifty Bank fell 0.76%.

Nido, the childcare business led by former Think Childcare boss Mathew Edwards, has its brokers rounding up cornerstone commitments for its initial public offering ahead of a wider book-build expected to kick off in coming weeks.

The “persistently high profitability” of Australia’s banks operating in New Zealand will be under increased scrutiny after the country’s competition regulator drew attention to the issue as it prepares for a major inquiry.

solo debut! V aka Kim Taehyung dropped the title track of his new album ‘Layover’ on August 9. Titled ‘Love Me Again’, the song is faintly reminiscent of Taehyung’s earlier songs such as ‘ Stigma’ and ‘Singularity’. With unmistakeable R&B and jazz elements and themes of heartbreak, the haunting music, combined with Taehyung's gentle and mournful voice, will make you feel wistful and filled with longing.

Taylor Swift enthusiasts are in for an electrifying surprise as the renowned singer-songwriter confirms the impending release of her re-recorded album, "1989 (Taylor's Version)." This announcement arrives exactly nine years after the original album's debut, marking a significant milestone in her career. The revelation took center stage during the climactic final show of her Eras Tour in Los Angeles.

While interest rate-sensitive segments of affordable and low-income housing have started witnessing some impact of the rate hikes implemented earlier, any further increase may have resulted in hitting the demand in this segment. The central bank, through six successive increases since May 2022, had raised policy rates by a cumulative 250 basis points, taking the repo rate to 6.5% before hitting the pause in April. “The RBI's pause in rate hikes over the past few quarters will certainly pedal up the real estate growth pace.

₹9,960 crore for the June ended quarter (Q1FY24). Pre-sales were, however, fell 33% sequentially in the absence of new project launches during the period. The June quarter saw the rollout of a single commercial project by Brigade, with residential projects taking a backseat.

European Union rules that require proof that crops weren’t grown on deforested land, which producers say will add to the cost of making food. The latest example of the backlash comes from Brazil, the biggest global exporter of coffee and soybeans. Just this week, the nation’s agriculture minister, Carlos Fávaro, lashed out against the ban, casting doubt on whether it complies with the principles of the World Trade Organization. He added that Brazil is seeking to boost trade with others outside of the EU, including within the five-nation BRICS bloc that also includes Russia, India, China and South Africa. Brazil is already a steward of the environment, Fávaro said. “If Europe does not want to understand that, there are others that recognize what Brazil does,” he said. Complying with the new rules will involve implementing full traceability to complex production chains — a task that’s likely to be complicated and expensive. The requirement will apply to a wide range of products, from meat to palm oil, and that will add to agricultural costs at a time when food inflation is once again starting to pick up. Higher prices won’t just impact buyers in Europe. Since the market is so large, growers will likely need to adopt the new practices quite broadly. Consumers around the globe could end up footing the bill as producers pass on the new costs.

EG.5 is on the rise in the US. The variant is causing about 17 per cent of the new Covid-19 cases in the country compared to 16 per cent for the next most common lineage, XBB.1.16, according to the latest estimates from the US Centers for Disease Control and Prevention, CNN reported. The new variant is a spinoff of the XBB recombinant strain of the Omicron family.

Day trading guide for today: Despite mixed Asian stock market trends on China's deflation worries, Indian stock market reversed from morning worries and ended higher on Wednesday. Nifty index added 61 points and finished at 19,632 levels, Sensex gained 149 points and closed at 65,995 mark whereas Bank Nifty index went down 83 points and closed at 44,880 levels.

₹70,000, and married to her. But after a few days, he killed her and dumped her body in a forest area in southwest Delhi's Fatehpur Beri, according to Delhi police. The accused husband Dharamveer along with two others -- Arum and Satyavan -- who helped him in the murder have been arrested.

The chief executive of Boral says the Australian economy will begin to grow again next year with the housing market reviving and inflation rising more slowly, flagging higher earnings at the building materials giant.