Trade Financial News

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₹1.5 trillion assets under management (AUM)—has launched its first small- cap fund. However, this is not your regular small-cap fund. It is a multi-factor fund that will track an alternative small-cap index created using different quantitative factors.

India's foreign policy is going strong, Prime Minister Narendra Modi on Sunday said that the world is seeing how New Delhi's relations with many countries continue to grow stronger in trade, tourism, technology and various other aspects. In a jibe against the critical remarks over the years on experience in foreign policy, PM Modi said that when he took the oath as India's Prime Minister, questions were raised about him not having «experience outside a state.» While addressing the concluding day of the National Convention of the Bharatiya Janata Party (BJP) at Delhi's Bharat Mandapam, PM Modi said, «When I took oath in 2014, many of our critics said that what experience does Modi have outside a state. Many things were said about foreign policy.»

Russian diamonds from the world’s affluent markets, a confused, volatile trade is feeling the pulls and pressures: a rigid rule pushed by Europe to probably regain its waning influence; the emerging voices of Africa and India opposing it; and, a new, different plan mooted last week in America, the largest market, which could make life easier for the trade amid the chaos of geopolitics. Trade sources told ET there was a glimmer of hope following a meeting last week between a US government official and the country’s leading jewellers who import diamonds mined across the world and polished in India and other countries. “It was indicated at the meeting that America could accept `self-certification’ from its jewellers that the diamonds imported into the country have no Russian links. Here, the process could be similar to the one applicable for American firms importing fish and seafood," said a senior industry person.

Markets are ripping, new token standards are dropping, and everybody is scrambling to work out what cryptos to buy now. The bull market is back. New trends mean new money, and one particularly interesting addition to market dynamics is the new ERC-404 token standard.

₹7.41 crore in fines for allegedly making “unlawful gains" by taking the opposite positions in the market from the ones they promoted on air. Varshney said, “If we see that on a television channel, guest experts are giving advice to manipulate the market we will of course enter the picture, but it is the responsibility of the TV channel to see whether their guest experts are giving advice in a transparent manner or there is some manipulation going on.

The Wire. "The Water Transport Workers Federation of India has decided to refuse to load or unload weaponized cargoes from Israel or any other country which could handle military equipment and its allied cargo for war in Palestine," The Wire quoted WTWFI press release – dated 14 February – as saying. “Port workers, part of labour unions would always stand against the war and killing innocent people like women and children.

stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track stocks in the United States. It's a perilous time for investors in China. Their main vehicle, so-called A shares of Chinese companies, fell more than 11% in 2023 and have continued their losses this year. Many investors have instead flocked to the exchange-traded funds that track foreign markets and that have been performing much better.

free trade agreement reaching an advanced stage, the Prime Minister's Office reviewed the progress of the talks on February 16, sources said. Commerce and Industry Minister Piyush Goyal and Commerce Secretary Sunil Barthwal were also present in the meeting, they said. «The talks for the agreement are at a crucial stage now. About three reviews have happened so far at the highest level,» they said, adding both countries are working to iron out differences on the remaining issues. The commerce secretary recently stated that the negotiations were taking time because «we want» to safeguard India's interest.

Solana (SOL) recently clinching the title of the 3rd most traded cryptocurrency globally with its current valuation at $108.79, despite a modest 24-hour dip of 0.84%, SOL’s market dynamics paint a picture of resilience and growth potential.

‘Smart enough to have multiple options,’ Jaishankar hails India's diplomatic versatility, Antony Blinken smiles Sino-U.S. relations have shown signs of improvement in recent months as both sides took steps to re-establish channels of communication after ties between the two global superpowers sank to their lowest levels in decades. But many points of friction remain.

By Lavu Sri Krishna Devarayalu

recession at the end of last year, marked by two consecutive quarters of contracting activity. While the euro area is expected to avoid a downturn, the European Commission still sees the bloc growing slower than initially forecast this year. And in Australia, the unemployment rate climbed to the highest level in two years, consistent with expectations for its economy to soften. Meantime, US consumer prices jumped at the start of the year, though economists maintain that inflation is still broadly on a downward trend.

Gold And Silver Prices Today: Gold prices experienced a slight decrease on Sunday. The price of 24 carat gold is Rs.6273.1 per gm, down by Rs.679.0. The cost of 22 carat gold is Rs.5746.2 per gm, down by Rs.622.0.

₹38 lakh by a woman, whom he met on a matrimonial site. The fraudster enticed him to invest in a cryptocurrency called deuncoin, and was asked for various other charges, police said.

Nifty and Sensex gained over a per cent each to settle at 22,040.70 and 72,426.64 levels respectively as investors shift their focus to fundamentals and macroeconomic indicators. The frontline indices remained resilient in the face of fading expectations of early rate cuts by the US Federal Reserve. Most sectors traded in sync with the move wherein auto, IT, energy and banking were among the top performers.

External Affairs Minister S Jaishankar had a brief interaction with his Chinese counterpart Wang Yi on the sidelines of Munich Security Conference on Saturday which was their first meeting since last July. While the details of the meeting are not yet known, it is understood that the Indian Foreign Minister would have emphasised on early resolution of irritants along the Line of Actual Control that has plagued ties since 2020. The two last met in Indonesia on the sidelines of ASEAN meet in July 2023. Jaishankar had raised outstanding issues with Wang Yi in Indonesia meeting. In that meeting, Jaishankar had underlined the importance of peace on the LAC as a prerequisite for normalcy in the broader relationship, and called for China to take forward disengagement of troops in the two remaining friction points.

BSE Sensex logging a marginal weekly gain as investors shift their focus to fundamentals and macroeconomic indicators. The frontline indices remained resilient in the face of fading expectations of early rate cuts by the US Federal Reserve. On the stock-specific front, Jubilant Industries, Force Motors, Sandhar Technologies, MRPL, Tips Industries, Borosil Renewables, 63 Moons Tech, Apollo Pipes, Novartis, HPL Electric & Power, Dilip Buildcon, Anuh Pharma, ASM Technologies, Strides Pharma Science and others are among the smallcaps that logged a double-digit rise in their share prices last week.

Quiver Quantitative — In a new disclosure filed today, U.S. Senator Tommy Tuberville reported the sale of $1,001 — $15,000 of Bristol-Myers Squibb Company (NYSE:BMY) Common Stock, in a trade that took place on January 03. Since that trade was made, the stock has fallen approximately 5.74%.

The vast expanse of the maritime domain has long served as a conduit for global interaction, linking nations across continents. As such, navies worldwide have played a pivotal role as ambassadors, representing their countries’ diplomatic endeavors on the international stage. Situated strategically, the Indian subcontinent has historically been a hub for trade and international relations, facilitating the exchange of cultures, resources, assets, and ideas. In this context, the Indian Navy has emerged as a cornerstone of India’s efforts to maintain diplomatic relations with other nations, both militarily and diplomatically.

Dividend Stocks: Shares of several companies, including Coal India, Life Insurance Corporation (LIC) of India, Hero MotoCorp, Steel Authority of India (SAIL), and many others will others will trade ex-dividend in the coming week, starting from Monday, February 19. Some other companies will also trade ex-bonus and ex-rights in the coming week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.