Trade Financial News
15.01 / 19:37
Progressive
wellness
Trade
stage
country
reports
Department
Majority of India-UK FTA issues either closed or at advanced stage of talks: Official
free trade agreement (FTA) between India and the UK are either finalised or at an advanced stage of talks, a government official said on Monday. Additional Secretary in the Department of Commerce L Satya Srinivas said that the 14th round of negotiations between the officials of the two countries is underway here. «The majority of the chapters are either closed or at an advanced stage of negotiation.
15.01 / 19:37
markets
COST
UPS
Manufacturing
Trade
President
country
Flush with funds, US factories stare at China challenge
China. That is drawing the attention of President Joe Biden and his aides, who are considering new protectionist measures to make sure American industry can compete against Beijing. As US factories spin up to produce electric vehicles, semiconductors and solar panels, China is flooding the market with similar goods, often at significantly lower prices. A similar influx is also hitting the European market.
15.01 / 19:34
Manufacturing
Election
Trade
President
War
electronic
Chip-maker Taiwan’s electorate has rebuffed Beijing
Taiwan is pivotal to the geopolitics of Asia and the future of global technological leadership. Communist China has never controlled Taiwan, a self-governing democracy, but arrogates to itself the right to take Taiwan over at a time of its choice, regardless of what Taiwanese think. How to deal with Communist China is therefore always a central issue in Taiwan’s elections.
15.01 / 18:43
markets
Digital
Platform
community
Trade
social
Destinations
Cancellations rise, users feel taxi apps taking them for a ride
users of cab-hailing platforms are now facing instances of drivers cancelling trips after finding the destination, the mode of payment for the fare, or a combination of both, according to the findings of a survey. As much as 84% of the respondents to the survey conducted by community social media platform LocalCircles between September 2023 and January this year said they had experienced ride cancellations by drivers over these issues, compared with 79% two years ago. About 75% of the 11,119 respondents chose ride cancellation as the top issue they face when using ride-hailing services, followed by surge pricing, waiting times, safety, driver courteousness and vehicle cleanliness. While drivers often cancelled the trip after finding the destination, they preferred direct payment of the fare instead of digital transfer through the platform of the cab aggregator. «It appears more the demand — given the higher traffic with things normalising (after the pandemic) — the worse are the experiences of consumers,» a report based on the survey said. The entry of new players in app-based taxi market and government regulations have had a minimal impact in improving the user experience, according to LocalCircles. New players such as BluSmart, inDrive and Rapido are helping consumers to have more choices when they need a ride in a market led by Ola and Uber, but their limited reach has failed to make a significant qualitative impact on the user experience, as per the survey. In May 2022 the government issued notices to taxi aggregators citing deficiency in services and other allegedly unfair trade practices.
15.01 / 17:41
Digital
Apple
Trade
Masimo
Schools
Courts
International
NOT
Redesigned Apple Watches not subject to import ban, US Customs says
Apple can use a redesign to bypass an import ban on newer Apple Watch models stemming from its patent infringement dispute with medical-monitoring technology company Masimo, according to a Monday court filing. The import ban, issued by the U.S. International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on Dec. 26. Apple convinced a U.S. appeals court to pause the ban the next day, and has since resumed selling the watches as it contests the import ruling.
15.01 / 17:25
Provident
Reuters
Airlines
Boeing
Trade
reports
travelers
Shares in Brazil's Gol tank on report of potential US bankruptcy filing
SAO PAULO (Reuters) -Shares in Brazilian airline Gol tumbled on Monday after local newspaper Folha de S.Paulo reported that the company was considering filing for Chapter 11 bankruptcy protection in the United States within the next month.
15.01 / 15:49
markets
COST
UPS
Manufacturing
economy
Trade
country
Europe’s Growth Engine Is Broken
Germany is stuck in a rut, and there is no quick way out. The European powerhouse’s economy, the largest on the continent and the world’s fourth biggest, shrank last year, extending a six-year slump that is raising fears of deindustrialization and sapping support for governments across the region. Output in the country likely shrank by 0.3% in the three months through December from the previous quarter, the German federal statistics agency said Monday.
15.01 / 15:49
markets
COST
Strategy
Align
trends
Trade
information
market volatility
Intimidated by market volatility? Here are 10 best ways to help new investors using demat account navigate turbulence
demat account, understanding how to navigate through turbulent market conditions is crucial. While market fluctuations can be intimidating, they also present opportunities for strategic investing. Here are some tips to help new investors successfully navigate market volatility using a demat account.
15.01 / 14:39
markets
FIVE
trends
Trade
performer
reports
Market Movers: 5 major stocks including HDFC Bank, RIL contribute 78% to the Nifty 50 gains today; check full list
Also Read: DMart: Market not impressed by Q3 earnings as stock closes with marginal gains; what should investors do next? Notably, 32 constituents of the index finished the session in the green zone, with the five heavyweights contributing 158 points, or 78%, to the Nifty 50's overall rally. Among these, HDFC Bank emerged as a significant contributor, supporting 66.16 points to the index rally. During today's trading session, the stock witnessed a 1.93% spike, reaching ₹1,672 apiece.
15.01 / 14:39
markets
Platform
Gap
security
Strategy
Trade
information
SAMCO: Breaking New Ground in FnO Trading with Advanced Tools
Mumbai, Maharashtra, India: Futures and Options (F&O) trading in India has long been the predominant domain of institutional investors and seasoned traders. But now, it's capturing the interest of retail investors as well.
15.01 / 14:39
markets
Citi
Manufacturing
Banner
Trade
country
Features
Ayodhya Ram Mandir consecration expected to generate ₹1 lakh crore of business: CAIT
Confederation of All India Traders (CAIT) Monday said that the pran pratishtha ceremony at Shri Ram Mandir in Ayodhya on January 22 is expected to generate business worth ₹1 lakh crore across the country. "This event not only resonates with religious sentiments but also brings a surge in economic activities.
15.01 / 14:23
15.01 / 13:39
markets
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Browser
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week
Next week on the stock market: Experian, Currys, Ocado
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15.01 / 12:43
markets
Digital
ETF
Investments
digital assets
Trade
Bitcoin
Digital Asset Investment Products See $1.18 Billion Inflows Amid Excitement Around Launch of Spot Bitcoin ETFs
Last week, digital asset investment products witnessed a significant surge in inflows, totaling an impressive $1.18 billion, albeit subject to a T+2 settlement.
15.01 / 12:23
Target
security
Trade
War
show
SOLIDARITY
Qatar pauses Red Sea tankers after Western strikes on Houthis
By Andrew Mills and Maha El Dahan
15.01 / 12:23
markets
Booking
security
Sustainability
Research
Trade
Experts
Wine
Nifty @ 22,000: Is the bull market aging like fine wine?
«The setup for 2023 was very powerful as its previous calendar year witnessed only 10 new 52-week highs, while for 2024, its previous calendar year saw a staggering 29 new 52-week highs. Today markets opened at new lifetime highs marking the second new lifetime high in just 15 days of calendar year 2024,» said Paras Matalia of SAMCO Mutual Fund. While shares of heavyweight RIL (Reliance Industries) have been giving support to Nifty with 8% upside in just 4 trading sessions, the rally in 2024 has been largely led by uptick in the IT index with growing optimism about increased discretionary spending and strong deal wins. «The US bond yield edged lower as market participants bet on the Fed easing cycle, which is expected to start in March. Investors are likely to take a more measured approach due to the release of Chinese GDP and UK inflation data this week,» Vinod Nair, Head of Research, Geojit Financial Services, said. After buying Indian equities worth over Rs 66,000 crore in December, foreign institutional investors or FIIs have been net buyers to the tune of Rs 11,000 crore in the first two weeks of the calendar year. While anticipated rate cuts this year are expected to further fuel the rally till the Lok Sabha elections, analysts warn of intermittent volatility especially due to Budget and occasional profit booking. «The recent upswing warrants a certain degree of caution as, many times, such sharp rallies do not sustain. Thus, we believe that the near-term view will be cautious and suggest profit booking in areas of exuberance, especially in the smallcap space,» Pranav Haridasan, MD and CEO at Axis Securities.
15.01 / 11:53
markets
Target
trends
Trade
Experts
performer
recommendations
NOT
DMart: Market not impressed by Q3 earnings as stock closes with marginal gains; what should investors do next?
Avenue Supermarts, which operates the retail chain of DMart, has failed to impress investors with its Q3 FY24 earnings, as the company's shares in today's trading session ended with a modest 0.37% gain at ₹3,855 apiece. The company released its Q3 FY24 (third quarter) numbers on Saturday (January 13), posting a 17.2% YoY growth in its consolidated revenue from operations at ₹13,572 crore, as compared to ₹11,569 crore in the same period last year.
15.01 / 11:49
Blockchain
Digital
Web3
Trade
reports
Interviews
regulatory
Web3 in Africa: Regulatory Challenges Impede Potential Transformation
As Africa‘s Web3 landscape gains momentum, it faces significant regulatory hurdles that threaten to stifle its transformative potential.
15.01 / 11:33
markets
UPS
Software
Trade
Experts
Updates
Stock market update: Nifty IT index advances 1.86%
Shares of Wipro Ltd.(up 6.27 per cent), HCL Technologies Ltd.(up 3.08 per cent), Infosys Ltd.(up 2.44 per cent), Tech Mahindra Ltd.(up 2.27 per cent) and LTIMindtree Ltd.(up 1.26 per cent) ended the day as top gainers in the pack. On the other hand, MphasiS Ltd.(down 2.01 per cent) and L&T Technology Services Ltd.(down 0.45 per cent) finished as the top losers of the day.
15.01 / 11:33
markets
UPS
Trade
Experts
Updates
week
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Benchmark NSE Nifty closed 202.91 points up at 22097.45 amid buying in frontline bluechip counters. However, stocks such as M K Proteins, Digidrive Distributo, SKS Textiles, Raj Rayon and Happy Forgings, touched their fresh 52-week lows.
15.01 / 11:32
markets
UPS
Software
Trade
Updates
Pharmaceuticals
Stock market update: Nifty Pharma index advances 1.0%
Shares of Aurobindo Pharma Ltd.(up 5.01 per cent), Granules India Ltd.(up 4.85 per cent), Glenmark Pharmaceuticals Ltd.(up 4.78 per cent), Biocon Ltd.(up 2.52 per cent) and Zydus Lifesciences Ltd.(up 1.84 per cent) ended the day as top gainers in the pack. On the other hand, Sanofi India Ltd.(down 1.83 per cent), Gland Pharma Ltd.(down 0.69 per cent), Natco Pharma Ltd.(down 0.43 per cent) and Alkem Laboratories Ltd.(down 0.22 per cent) finished as the top losers of the day.
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