Track Financial News

The Solana price has risen by 2% in the past 24 hours, reaching $23.60 as the cryptocurrency market sees a very modest recovery from its dive earlier in the week.

The headline indices like the Nifty 50 and Sensex have hit fresh all-time highs (ATH), and that is the talk of the town. However, we always advise investors to just look at these as an indicator of broad trends, not fixate on these numbers and certainly ignore all the associated noise around these events. The hype around ATH can be a major deterrent to prudent investor behavior.

smart ring. Called Luna Ring, the smart wearable is capable of tracking over 70 metrics. Luna Ring can be pre-booked via Gonoise.com through an exclusive Priority Access pass, unlocking exciting discounts, benefits, and offers for the users.

₹665.40 apiece on Wednesday, propelled by better-than-expected Q1FY24 results and the recent announcement. Throughout 2023, a key factor fostering positivity in Tata Motors’ stock has been the significant enhancement in the performance of its British subsidiary, Jaguar Land Rover Automotive Plc (JLR), resulting in a more optimistic debt reduction and free cash flow (FCF) outlook. In Q1, JLR’s performance was bolstered by increased production, favourable mix, and commodity tailwinds.

By Tom Wilson and Scott Murdoch

Mutual Fund calculation: Small Cap mutual funds have been in the news for giving better returns compared to schemes in other equity mutual fund categories. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing shows that direct plans of as many as 13 small-cap funds have doubled lump sum investment done by an investor in just 5 years till July 24 with over 15% annualised returns. The direct plan of the top-performing scheme among these 13 funds has tripled investors’ money in just 5 years.

Dwarka Expressway has emerged as a thriving hub for luxury housing, offering a promising prospect for homebuyers and investors alike. The segment has witnessed a surge in new project launches, and completed or near-completion projects are in high demand, with limited availability. The combination of ample land banks, robust regulatory checks, and the presence of reputed developers positions the luxury housing segment in Dwarka Expressway for substantial future growth.

Yatharth Hospital was subscribed 30% in the first few hours on the first day of the bidding process on Wednesday. At 12.04 pm, the public issue garnered 30% bids, with its retail portion subscribed 47%. The portion reserved for non-institutional investors (NIIs) received 28% bids so far today.

Investing.com — The U.S. dollar edged lower Tuesday, but remained near a two-week high as traders awaited a widely expected interest rate hike from the Federal Reserve later in the session.

R Shankar Raman, Whole-Time Director & CFO, L&T, says “as a strategy, the company is looking at asset-light return high areas of operations. Consequently, the cash that gets generated beyond the requirement of the company is meant for shareholders. Returning money to shareholders can take a couple of forms.

Noise launched its first-ever smart ring Luna Ring with revolutionary health-tracking capabilities on Tuesday. This marks Noise's entry into the premium smart ring category in the wearable devices market. The company is yet to reveal the price of the new offering, but interested customers can get a Priority Access pass at just Rs 2,000 on gonoise.com.

(Reuters) — British luxury carmaker Aston Martin kept its 2023 forecast unchanged on Wednesday after reporting a smaller pretax loss for the second quarter, helped by higher sales.

₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.

The issue has received a thumbs-up from analysts, with most recommending a «subscribe» given strong financials and growth potential in Northern India. «On FY23 financials, the IPO is valued at 39.2x P/E, 20.9x EV/EBITDA and 5.4x EV/sales,» Reliance Securities said while assigning a 'subscribe' rating. Yatharth Hospital & Trauma Care Services is a private hospital which provides healthcare services and is based in the northern region of India.

By Kevin Buckland

Investing.com — U.S. crude oil stocks likely rose last week, with gains in inventories of distillates too and a decline in gasoline stockpiles, petroleum industry group API indicated in a preliminary report on Tuesday ahead of official inventory data.

The extreme heat blanketing the southern regions of the U.S., Mexico, and Europe this month would have been nearly impossible without the warming effects of human-induced climate change, according to a study released Tuesday by a group of European scientists who carry out rapid assessments of extreme weather events. The study by World Weather Attribution, a group of researchers based in London and the Netherlands, found that three separate heat waves in July across the Northern Hemisphere were made much worse because of decades of fossil-fuel emissions that have raised the planet’s average temperature by 2 degrees Fahrenheit since the late 19th century.

Pakistan's plan to import future shipments of Russian crude oil under a government-to-government (G2G) mechanism has hit a roadblock as Moscow is frustrated with the delay by Islamabad in setting up a Special Purpose Vehicle (SPV) to handle the payments and shipments. A Russian delegation visited Karachi last week to discuss the quality and pricing of its Ural grade crude oil, but was not satisfied with the progress made by Islamabad in creating the SPV, ET has learnt.

GST) evasion by up to 30 insurers has found that in certain cases, the companies submitted hurriedly made invoices to contest charges of wrongful input tax credit claims by the authorities, sources in the know told ET. «In the case of a major insurance firm summoned during the course of the probe, the executives tried to submit fake e-way bills raised by its vendors to claim the input tax credit,» said an official privy to the development. «When confronted with the audit findings, the company agreed to pay at least half the GST demand.» GST E-way bill is a document used to tracking goods in transit, and datasets are triangulated with costing entries in the enterprise software systems to establish the authenticity of input credit claims.

DreamWorks All-Star Kart Racing" is set to hit the gaming scene in 2023. This action-packed title will be available on various platforms, including PlayStation 5, Xbox Series, PlayStation 4, Xbox One, Nintendo Switch and PC (Steam).

Fly91, a new airline helmed by top aviation veterans has been allocated its first set of routes under the Government of India’s Regional Connectivity Scheme (RCS) UDAN. The routes given under UDAN 5.0 will see FLY91 connect the cities of Sindhudurg, Jalgaon, Nanded and Agatti with business and leisure destinations of Bangalore, Goa, Hyderabad and Pune.