Trade Financial News

IG Petrochemicals and 7 other companies are expected to be in focus today as they have set August 29 as the record date for determining shareholders eligible for dividend payments. This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.

sterling trading just off multi-year highs, as markets focussed on clues to the size of a widely expected U.S. interest rate cut next month. Cryptocurrency bitcoin took the early Asia spotlight, dropping over 6% after breaking below support around $60,000.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

The Dogecoin millionaire, alias SlumDOGE Millionaire on X (@ProTheDoge) gave unsolicited financial advice to his followers to buy up the largest meme coin on each blockchain.

Canada is set to introduce higher tariffs on Chinese-made electric vehicles and Chinese steel, Prime Minister Justin Trudeau told reporters in Halifax on Monday.

The clock is seriously ticking for investors to get in early on the Base Dawgz ($DAWGZ) ICO, as there are only 24 hours left in its fundraising campaign.

Cummins India Ltd. gained 2.64 per cent to Rs 3922.1 at 11:37AM (IST) in Monday's trade. The stock has hit a high of Rs 3926.6 and low of Rs 3821.3 so far during the session. The stock had closed at Rs 3821.0 in the previous session. The counter has had a total traded volume of 7545 shares so far with a value of Rs 2.93 crore on the NSE. It traded at a price-to-earnings multiple of 59.43 and a price-to-book ratio of 12.61.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Money laundering has been one of the most plaguing issues in the crypto industry for over a decade now. In 2023 alone, a staggering $22.2 billion was laundered across the globe through cryptocurrencies. These funds are constantly funneled into illegal activities like drug trade, human trafficking, weapons trade, and more. This is a key reason why regulators around the globe heavily scrutinize crypto.

Cognizant TriZetto, a unit of Cognizant Technology Solutions, sued Infosys in a US court, accusing the Indian IT service firm of stealing trade secrets related to its healthcare insurance software. This was the latest of developments in the healthcare verticals of India-centric IT services firms that have grabbed headlines in recent months, for positive or negative reasons. In November last year, the US Supreme Court rejected Tata Consultancy Services' appeal against a District Court of Wisconsin verdict, charging $140 million in punitive damages in a case filed by Epic Systems. The US healthcare software company had accused TCS of stealing its intellectual property when the Indian firm was contracted to implement its software.

Bank of China did not seek to nor will it seek to ban legitimate investments or trading in its government bonds, but it sees risks in a buying spree of the securities, according to people familiar with the matter. The PBOC gave risk warnings to some small- and medium-sized financial institutions which had significantly boosted holdings of long-dated bonds within a short time, according to people familiar familiar with the central bank's thinking.

India and Singapore has set the stage for Prime Minister Narendra Modi's visit to the city-state that will happen soon, its Foreign Minister Vivian Balakrishnan has said. Senior ministers from the two countries held a «productive» round of discussions at the second multi-ministerial roundtable here and explored how the two countries can boost bilateral cooperation in digital, skill development, sustainability, healthcare, connectivity and advanced manufacturing. This was the second time that ministers from Singapore and India met at the India-Singapore Ministerial Roundtable (ISMR) after its inaugural edition was launched in September 2022 by then Deputy Prime Minister Lawrence Wong during a five-day visit to India. Balakrishnan said advanced manufacturing and semiconductors, as well as aviation and maritime connectivity, are the new areas that Singapore and India have added to a high-level platform for discussing ways to enhance bilateral cooperation.

September is a popular time for companies to go public. This month’s stock-market volatility is putting some plans on ice. Companies weighing whether to make their stock-market debuts face a critical decision in the coming weeks: pull the trigger soon so they can launch their deals before year-end or hold off until 2025.

Unified Pension Scheme for central government employees will be available only for those who are currently subscribers of the New Pension Scheme (NPS), including retirees. The new scheme guarantees employees 50 per cent of their average basic pay over the last 12 months before retirement as a pension for a minimum qualifying service of 25 years against a market returns linked payout under the NPS. According to the scheme approved by the Union Cabinet, the pension will be proportionate for a lesser service period of up to a minimum of 10 years. Also, assured pension of Rs 10,000 per month on superannuation after a minimum of 10 years of service. The scheme has been brought out to address the concerns of government employees over NPS, which came into effect from January 1, 2004.

Bank of New York Mellon Corp. will pay a $5 million penalty after a US regulator said that it failed to properly report millions of swaps transactions and supervise a unit that deals the derivatives. 

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Sebi directs Religare’s board, Saluja to seek approvals for Burman open offer “We are very upset about it. It should not have been done. Accounts have been filed and submitted to the exchanges, so there is no valid reason for pushing the AGM," one of the investors said on condition of anonymity.

Japan External Trade Organisation organised University Connect, an interactive event here to bring together Japanese businesses that are keen on hiring Indian talent and the best colleges of Karnataka. University Connect is a global campaign to connect with universities outside of Japan in order to encourage students to pursue employment opportunities in Japanese businesses. «This was the first one held in Bengaluru. Ten Japanese companies and seven Indian institutions attended. There was a more than anticipated exchange of view points and excitement. The Japan External Trade Organisation (JETRO) is determined to keep growing its network of universities in Karnataka actively and will do everything in its power to assist Japanese businesses in hiring skilled Indians,» said Toshihiro Mizutani, Director General of JETRO Bengaluru.

Asian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy

China has expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it would adopt necessary measures to safeguard the rights and interests of the country’s businesses