Trade Financial News
14.02 / 19:17
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India eyes port investment deals with global shipping power Greece
New Delhi: Just months after raising their bilateral relationship to the level of a strategic partnership, India and Greece are looking to deepen cooperation in defence and shipping, according to persons aware of the matter. The two sides are discussing defence sales by India to Greece, in line with New Delhi’s goal of tripling defence exports to $5 billion over the next few years.
14.02 / 19:17
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International
Sebi ropes in Irdai on Rashmi Saluja's Care Health Esops
₹700 crore, including employee stock options (Esops) of Religare and Care Health totalling ₹480 crore; Religare Finvest Esops worth ₹150-200 crore; and a salary of ₹42 crore. The stock options became the centre of a controversy after the Burman family, which has mounted an open offer for Religare, unleashed withering criticism on Saluja and Religare over the matter. The Burman family, which now controls over 25% in Religare, had criticized Saluja for drawing “excessive" compensation and called for regulatory intervention.
14.02 / 18:39
14.02 / 18:17
14.02 / 17:55
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Stocks open higher following Wall St slump, as investors update rate bets
Investing.com -- U.S. stocks climbed in early trading on Wednesday, marking a small rebound from a sell-off on Wall Street in the prior session, as investors recalibrated their interest rate bets in the wake of a stronger-than-anticipated U.S. inflation reading.
14.02 / 17:41
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Delhi business hit due to farmers' march, buyers' footfall from NCR down by 75%
Chamber of Trade and Industry (CTI). The CTI said that every day around three lakh people come from NCR for shopping. Due to farmers' movement, less than one lakh people are coming. According to Brijesh Goyal, chairman of CTI and president Subhash Khandelwal, the leading organisation of traders, the number of customers in Delhi markets has declined by 75 per cent, with more than 15,000 commercial vehicles have been stopped from entering the city and more than 25,000 commercial vehicles stuck in Delhi. Around three lakh buyers from NCR cities — Sonipat, Panipat, Rewari, Bahadurgarh, Narnaul, Gurgaon, Bawal, Noida, Faridabad, Ghaziabad etc — visit the markets of Delhi every day, the statement said.
14.02 / 17:16
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Wild Wednesday sees bulls turn tables on bears in last hour
₹154.05, 5% lower than its previous close of ₹162.15, but rec-overed in the last half hour of trade to close up 5% at ₹170.25. The rise from the lower circuit happened as bulls turned the tables on bears in the last hour of trade. The Nifty, which opened down three-quarters of a per cent at 21,578.15, fell to a low of ₹21,530.2, and remained in the red until 2:30 pm—market runs from 9:15 am-3:30 pm—recovered and closed higher by two-fifths of a per cent at 21,840.05.
14.02 / 16:45
COST
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cover
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rights
Karnataka eateries, hotels demand industry status, easier licensing process with state budget on the horizon
Congress regime’s second budget slated for Friday, hotels and restaurants are pressing the government for the industry status and easing out licensing challenges. An industry status like restaurants in Gujarat and neighbouring Maharashtra enjoy, would give them benefits in property tax and electricity tariffs. Only selected five-star hotels in Karnataka have received the status till date, South India Hotel Association president Shyama Raju told ET. “Hotels in Maharashtra got this status a few years ago…we hope that if the Karnataka government comes through, the rest of the south Indian states would follow suit,” Raju, who is the MD of Bengaluru’s Hotel Maurya said.
14.02 / 16:45
14.02 / 16:33
COST
UPS
Manufacturing
economy
Food
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Sporting
Deflation: Here's where prices fell in January 2024, in one chart
Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers are seeing their prices decline instead of rise.
14.02 / 16:11
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Strategy
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reports
Millions Of Shiba Inu (SHIB) Disappear; SUI (SUI) Network Expands With New Integration; Algotech (ALGT) Presale Hits Major Growth Milestone
Algotech (ALGT) has emerged as the most sought-after crypto asset in 2024. So, its presale tokens are selling out fast, and investors are pouring millions into it. Therefore, even the holders of Shiba Inu (SHIB) and SUI (SUI) are shedding their existing holdings to add Algotech (ALGT) to their portfolios.
14.02 / 15:13
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inflation data
What's next after S&P 500’s worst inflation data day in years
The S&P 500 index blew past a series of troubling markers in its relentless rally to 5,000. Now, after the rout on Feb. 13, investors are staring at a potentially long way down before they find support.
14.02 / 14:39
14.02 / 14:35
COST
UPS
Manufacturing
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reports
CNH Industrial profit rises on higher prices, forecasts sales decline in 2024
By Bianca Flowers and Aatreyee Dasgupta
14.02 / 13:09
markets
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community
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Freedom
information
Become A Millionaire With New DeFi Trading Token, Fetch.ai (FET) Holders Join The Revolution
The Path to Prosperity: O2T’s Blueprint for Financial Freedom
14.02 / 13:09
UPS
Digital
ETF
SEC
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Bitcoin
Which Way will Bitcoin Go in 2024?
2023 rolled in on the heels of a monumental crypto disaster, when the FTX exchange went down in flames. Perhaps surprisingly, the year ended up marking a recovery for beleaguered digital assets, with Bitcoin gaining as much as 157%. Traders knew the SEC (Securities and Exchange Commission) in the US might give the green light to spot Bitcoin ETFs in the second week of 2024, which was viewed as a potential catalyst for prices. They also knew that the Fed couldn’t keep hiking interest rates forever, and that a looser monetary environment could offer risk assets a healthy push.
14.02 / 12:53
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Provident
FIVE
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wellness
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How can You Save ₹46800 with a Tax Saver FD?
tax saving fd. In the cumulative option, the interest earned is added to the principal amount, and the investor receives a lump sum at maturity. In contrast, in the non-cumulative option, the investor can choose to receive the interest earned monthly, quarterly, half-yearly, or annually during the lock-in period.
14.02 / 12:53
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NOT
Five Signs Your Forex App is Not Up to Par
forex app should provide extensive market coverage, including various currency pairs, commodities, indices, and other financial instruments. If your app lacks the necessary market coverage or fails to provide accurate and up-to-date data, it hampers your ability to make informed trading decisions. A Forex app may only offer a limited selection of major currency pairs but exclude less popular or exotic currencies.
14.02 / 12:47
COST
UPS
Food
Trade
show
Kraft Heinz net sales miss estimates as food giant flags impact of price hikes
Investing.com — Kraft Heinz Co (NASDAQ:KHC) has posted fourth-quarter net sales that missed expectations, as the packaged food group faced headwinds from recent price hikes that have dented demand.
14.02 / 12:47
markets
UPS
Booking
Food
pandemic
Trade
Uber unveils maiden $7 billion share buyback after first profitable year
(Reuters) -Uber Technologies said on Wednesday it would buy back up to $7 billion worth of company shares for the first time ever following a strong recovery in ride-share and healthy demand at its food delivery business.
14.02 / 12:47
Booking
Trade
reports
travelers
International
Airbnb slips as travel app warns of slowdown in room-night bookings growth
Investing.com -- Shares in Airbnb fell in premarket U.S. trading on Wednesday after the travel accommodation app flagged that it would see a slowing in booking rates in its current quarter.
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