Trade Financial News

Like many retail investors, entrepreneur Ankur Warikoo also started his investing journey with penny stocks. As beginner's luck worked in his favour, he got addicted but the ending wasn't a happy one. Left with a bad taste in his mouth, the social media influencer has stopped investing in stocks directly since then. «I do not invest in individual stocks because I am not an expert, nor have the time to track their performance. I am a passive investor and invest only through portfolio assets such as (index) mutual funds, smallcases and PMS,» he says. The best-selling author of 'Do Epic Shit', Warikoo's new book 'Make Epic Money' decodes personal finance in a jargon-free language that GenZ and millennial readers can easily relate to. The book is published by Penguin. Edited excerpts from a chat with Ankur Warikoo where he talks about his own asset allocation strategy, the mistakes he made and when is the best time to buy a house: You have kept simplicity at the centre of your book. Why do you think personal finance has become so complex? Ankur Warikoo: Because often the book is written to impress the reader, as against informing the reader.

Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts

Politicians, dignitaries and celebrities joined members of the public at a state funeral to honor Brian Mulroney

Pakistan's newly appointed Foreign Minister Ishaq Dar, in a recent press conference in London, conveyed the government's «serious intent» to reassess trade relations with India. This statement marks a significant departure in diplomatic stance since August 2019.

The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.

trade agreements (FTAs) with the UK and Oman are expected to figure in the commerce ministry's 100-day agenda roadmap for the new government, an official said. The ministry will also focus on issues pertaining to the exporting community with a view to promoting the country's outbound shipments. Further talks between India and Australia to expand the scope of existing economic cooperation and trade agreement (ECTA) for a comprehensive economic cooperation agreement (CECA) are also progressing at a healthy rate. The exercise assumes significance as while chairing a Cabinet meeting on March 17, Prime Minister Narendra Modi asked the ministers to meet secretaries and other officials of their respective ministries to discuss how the agenda for the first 100 days and the next five years can be better implemented.

open for trading despite being a national holiday on account of Holi. Gift Nifty, which is a futures contract based on the Nifty50 index of NSE, is closed on five days in the entire year. These five days include Republic Day, Special Holiday in January on account of Ram temple opening, Independence Day, Mahatma Gandhi Jayanti and Diwali.

Amid a fierce competition between bears and the bulls, selling is being witnessed at higher levels, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency atAngel One said. Given that the current trading week is truncated, investors are expected to be cautious as markets are trading at record highs, influenced by news flows and global sentiments, he added. Nifty closed with gains of 0.33% on a weekly basis thanks to Fed's dovish commentary. There were no major domestic triggers that could have supported the market. What do you expect in the holiday-shortened week? Aamar Deo Singh: Amidst the global investor sentiment that has been positive since the US Federal Reserve took an accommodating approach towards interest rate cuts in 2024, markets managed to recover last week and close in the green. Since the majority of international markets are still on the rise, the ripple effect can also be seen in home markets.

risk management, market analysis, and portfolio diversification. David Tepper is a highly accomplished hedge fund manager recognized for his distinctive investment approaches. Here are some of his fundamental investing principles: Embrace fearlessness: Maintain a readiness to take calculated risks and invest in undervalued assets when others are hesitant.

Cochin Shipyard's stock value has surged significantly. Trendlyne data indicates that in a single year, the share price of Cochin Shipyard increased by almost 298% from the last trading price of ₹902.45. Cochin Shipyard's chief business is building new ships as well as repairing and refitting old ones.

Asian equities traded within narrow ranges early Monday as investors looked ahead to a busy week of economic data including the Federal Reserve’s preferred inflation gauge. China’s currency pared some of Friday’s losses following support by authorities. Shares in Australia and Hong Kong edged higher, while those in Japan and mainland China slipped. US equity futures were little changed after a muted end to the week on Wall Street with the S&P 500 declining 0.1% and the Nasdaq index rising by the same margin on Friday.

Elon Musk’s long courtship of Indian officialdom may have finally paid off. Prime Minister Narendra Modi wanted him to open one of his Tesla “gigafactories” in the country, as part of its efforts to expand its long-moribund manufacturing sector; Musk, meanwhile, wanted India to address tariffs on electric vehicle imports that rendered foreign-made Teslas uncompetitive. On March 15, the government announced a new scheme to promote investment in EVs. Any company willing to invest $500 million in a new manufacturing facility that begins production in three years (and with at least a quarter of its components added locally, to begin with) will also be allowed to import 8,000 high-end vehicles a year at a lower tariff of 15%. It’s generally assumed that this quid pro quo will be enough to get Musk — and, hopefully, one or two other companies, like Vietnam’s Vinfast Auto Ltd. — to bite. Certainly, the EV producers that currently dominate the Indian market are already bracing for competition. On the one hand, this looks like business as usual. Officials have made a habit of using the supposed potential of the domestic market as an inducement for foreign investors. The stick of high tariffs together with the carrot of possible consumer demand growth should be enough to lure in people like Musk, they think.

In the summer of the year 416 BCE, an Athenian naval fleet turned up on the island of Melos and demanded that its population submit to slavery. The Melians argued that since they had refused to side with Sparta—Athens’ main adversary in the ongoing conflict —and instead wished to remain neutral, it would only be right for the big powers to leave them alone.

BSE), the two leading stock exchanges, will be closed today, (Monday, March 25), on account of the Holi Festival. Therefore, there won't be any trading activity on the Indian stock market today.

Top Events on March 25: Amid Holi festivities today, India is all set to witness significant political events on Monday. These events include the BJP-IPFT meet in Tripura, Delhi metro services to begin after 2.30 pm and more. Stay tuned as we bring you comprehensive coverage of these unfolding events.

Holi Bank Holiday on March 25, 2024: All banks — public and private — will be closed today on March 25 (Monday) on account of the Holi festival. Notably, this has been a long weekend off for banks with services being shut since March 23 for fourth Saturday and on March 24 for Sunday leaves.

Edited excerpts: I would interpret this as each regulator doing what they are doing in terms of good housekeeping and making sure that rules are followed. Making sure that disclosures are adequate, and processes are in place. I don't know if there is a master plan which is suddenly combining everything together, but I would say each of the regulators in their domain is doing things.

Mint. The story begins in September 2023 when Aditya Halwasiya and Halwasiya group company Columbia Petro Chem acquired Cupid, buying a 42% promoter stake for ₹160 crore, and becoming its biggest shareholder. On 20 February, Aditya Halwasiya acquired 13.06% stake in Tourism Finance Corp. for ₹250 crore, becoming its single-largest shareholder.

India has called for prioritising issues such as access to finance including trade finance, manufacturing concentration, food security, and reducing transaction costs in international trade and services for discussions in various bodies of the World Trade Organization (WTO). «Cross-cutting real-life trade issues which impact the developing countries disproportionately» such as access to technology, bridging digital divide, supply chain resilience, and enhancing effective aid for trade that is effective, demand driven, untied, and has recipient ownership should be taken for discussion on a priority basis," New Delhi said in its submission on 30 years of WTO and how the development dimension has progressed. «If a large part of the membership believes that their agenda is not in lockstep with the priorities of this organisation or the messaging being delivered to the external world...a sense of defeatism and decline in members' interest in the working of this organisation is imminent,» it said.

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Insurance, Real Estate and Oil & Gas sectors led shares higher.