Trade Financial News
07.04 / 04:17
markets
Waves
Food
Trade
country
International
Mentha Oil Rate Today falls 0.6% on Apr 5 2024
₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.
07.04 / 04:17
UPS
Manufacturing
security
economy
Trade
President
testing
Xi Jinping’s misguided plan to escape economic stagnation
It is ChIna’s gravest economic test since the most far-reaching of Deng Xiaoping’s reforms began in the 1990s. Last year the country achieved growth of 5%, but the pillars of its decades-long miracle are wobbling. Its famously industrious workforce is shrinking, history’s wildest property boom has turned to bust and the global system of free trade that China used to get richer is disintegrating.
07.04 / 03:55
markets
UPS
IPO
Trade
track
consequences
reports
Global cues, Q4 earnings, FII flows among six factors to set Dalal Street trajectory this week
After a good start, the overall trajectory for the market is positive for the truncated week ahead. Stock markets are closed on Thursday for Eid-Ul-Fitr.
07.04 / 02:27
markets
UPS
IPO
Research
Trade
Experts
inflation data
Week Ahead: Inflation data, Q4 results, crude oil prices, global cues among key market triggers this week
but managed to end on a positive note. Weak global cues continue to weigh on the sentiment however, buying in select heavyweights across sectors not only capped the damage but also helped the index to close in the green. Domestic equity benchmarks Nifty 50 and Sensex extended their winning streak and logged a third straight week of gains, with the onset of FY25.
06.04 / 21:11
06.04 / 21:11
markets
security
Research
Trade
band
Financial
Jio Financial at lower circuit for third day
MUMBAI : Sellers made a beeline for the Jio Financial Services Ltd (JFSL) counter, dragging down the stock to the lower circuit for a third straight day. A total of 42.89 lakh shares were traded on the National Stock Exchange while 3.79 lakh shares changed hands on the BSE. The stock plunged 5% to ₹224.65 on the NSE and to ₹227.25 on the BSE.
06.04 / 21:11
UPS
Target
MET
Trade
show
reports
LTTS investors see a ray of hope but valuations can be a bother
₹4,408.95 on Wednesday. The company’s management recently met analysts and spoke about the improving near-term demand outlook. According to management, barring a few pockets of weakness such as telecom (semiconductors), deal pipeline is improving.
06.04 / 20:23
06.04 / 16:51
markets
Provident
CoinMarketCap
trends
Trade
Bonk
show
Bonk Price Prediction as BONK Drops 4% Overnight – Dip-Buying Opportunity?
Bonk (BONK) has seen a notable decline of 4% overnight, stirring interest in its market dynamics and leading to speculations about potential dip-buying opportunities.
06.04 / 13:01
SUN
Action
Trade
Indus
reports
Dividend Stocks: Sun TV Network, DCM Shriram Industries, others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of several companies such as Goodluck India Ltd, Sun TV Network, DCM Shriram Industries, among others will trade ex-dividend in the coming week, starting from Monday, April 8. Along with these, some other firms will also trade ex-split, ex-rights, and ex-bonus, according to data on the BSE.
06.04 / 12:23
markets
UPS
JPMorgan
Trade
show
International
Morning Coffee: Traders storm out over paltry bonuses. 27-year-old JPMorgan analyst caught in deadly door nightmare
Bonus day is always a period of high emotions, and sometimes these come out as undignified behaviour. Bad language, slammed doors and even smashed phones are all pretty common responses to a number that’s much lower than wanted. But it’s unusual to see anything like the scenes at Aramco’s oil trading operations in Houston, where apparently some traders walked out and went on strike.
06.04 / 12:23
COST
UPS
Software
Bill
Trade
Morning Coffee: London banker's wife says her £200k+ family income makes childcare a struggle. Accenture executive says he was dismissed for ADHD
Given that the average household income in the UK is £35k ($44k), sympathy for the families of financial services professionals struggling by on £200k is going to be thin on the ground. But according to the wife of one financial services professional writing in the London Times, the struggle is real.
06.04 / 12:23
UPS
Citi
Booking
Citigroup
Trade
love
"Gary Stevenson was loved and nurtured at Citigroup. His comments are hurtful"
I worked with Gary Stevenson, the ex-Citigroup trader, YouTube anti-inequality campaigner and author who now claims he was the best trader in the world and who spends his time campaigning for a wealth tax. Like many of Gary's other former colleagues, I don't recognise the world he portrays in his book
06.04 / 12:23
markets
UPS
Career
Death
Diamondback
Trade
Features
Hedge fund manager laments death of "kindest and gentlest" analyst hired 14 months ago
It's often a feature of financial services careers that you encounter the same people at different employers. Matt Dratch, a macro portfolio manager at hedge fund ExodusPoint worked with Richard Rolnick twice: once when «Rollie» hired him from Morgan Stanley to work as an analyst at hedge fund Diamondback Capital in 2008, and once again when Dratch hired Rolnick to ExodusPoint in February 2023.
06.04 / 12:23
COST
UPS
wellness
Trade
reports
International
Morning Coffee: Barclays’ banker with a $4m salary is safe for the moment. The big hedge fund where the drama is putting off candidates
There are a number of reasons why London bankers never got particularly excited about the post Brexit decision to remove the European regulation which capped bonuses at two times basic salary. One of them is that it happened in 2023, a year in which bonuses of zero times basic salary were significantly more common. And another is that some major employers like Barclays are keeping the cap anyway.
06.04 / 12:23
markets
Target
security
Netflix
Trade
rights
Multimedia
Bodhi Tree Multimedia stock soars on Netflix Deal, analysts predict Rs 450 price target in 1 year
BTML), a company currently trading at a modest ₹18 on both NSE and BSE exchanges, could be on the cusp of a significant rise in the coming year. Analysts are predicting a potential surge to a staggering ₹450 per share, driven by a recently secured blockbuster deal with streaming giant Netflix.
06.04 / 09:15
WhatsApp
community
Trade
President
country
travelers
Economic relations secretary in MEA to visit Rwanda, Uganda, Kenya
Dammu Ravi, secretary, economic relations in the MEA, will visit Rwanda, Uganda and Kenya from April 7-12, as a «reaffirmation of India's commitment» to further strengthen its ties of friendship with the three African countries. The Ministry of External Affairs, in a statement on Saturday, said the visit seeks to «maintain the momentum of high-level contacts» between India and countries in Africa, post the entry of the African Union (AU) as a permanent member of the G20 during the Indian Presidency of the grouping. In Rwanda, he will represent the government of India, in an event marking «the 30th commemoration of the 1994 Rwanda Genocide (Kwibuka 30)» on Sunday, the MEA said. During the visit, he is also expected to hold meetings with ministers and senior officials of the government of Rwanda, the external affairs ministry said in a statement.
06.04 / 09:15
markets
Provident
Parke
Tesla
Trade
reports
Features
Tesla will unveil robotaxi in August: Elon Musk
Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as the adoption of self-driving vehicles hits speed bumps over safety concerns. The billionaire boss of the electric car maker did not provide details, saying only in his post on X that the "Tesla Robotaxi unveil" will come on August 8.
06.04 / 07:39
Boxing
film
Trade
performer
social
stars
reports
'Family Star' Box Office Day 1: Vijay-Mrunal's starrer earns over ₹5 crore on opening day
'Family Star' Box Office Day 1: Vijay Deverakonda and Mrunal Thakur's latest starrer ‘Family Star’ has earned ₹5.75 crore on its opening day, April 5, according to early trade reports. It was released in Telugu, Tamil and Hindi on Friday. The report stated that Family Star saw an overall 38.45 per cent Telugu occupancy on Friday, while the Tamil occupancy was 15.31 per cent.
06.04 / 07:39
markets
COST
Digital
ETF
wellness
Trade
Planning to invest in gold as an asset class? This is how the taxation works
precious metals such as gold? If yes, then you do not necessarily have to invest in the physical gold only. You may even invest in their digital avatar as well. These include sovereign gold bonds (SGBs) and gold ETFs (exchange traded funds).
06.04 / 07:25
UPS
Cooper
Enterprise
Trade
International
Destinations
India-Singapore bilateral trade grew 18.2% to $35.6 bln in FY 2022-23
Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said. He was addressing the Institute of Company Secretaries of India (ICSI) Third International Conference being held in Singapore from April 5-6. Trade between Singapore and India saw a growth of 18.2 per cent in the year and rose to USD 35.6 billion in 2022-23, Prabakar said.
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