Trends Financial News

Varun Beverages Ltd. traded 2.12 per cent up at Rs 1519.05 on Friday at around 11:01AM (IST), while the benchmark BSE Sensex advanced 780.23 points to 79666.45. As many as 18,122 shares changed hands on the counter with a total value of Rs 2.74 crore.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

₹439 crore for the quarter ended June in FY25. Its net profit grew 1.7% year-on-year to ₹35.4 crore for the same period. “Our strategic emphasis on premiumization and strong branding has positioned us to capture a greater market share," Anoop Bector, managing director of the company said in a recent investor presentation.

The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels

Stocks staged a relief rally and bonds fell after the latest US labor-market reading helped ease fears about a more pronounced slowdown in the world’s largest economy.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Hurun India most valuable family businesses, the top three family business’ interests are valued at $460 billion, equivalent to the GDP of Singapore. The list reveals that the top three Indian business families include the Ambani, Bajaj, KM Birla, with the Bajaj family valued at Rs 7.13 lakh crore and the Birla family at Rs 5.39 lakh crore. The Ambani family tops the list with Rs 2.57 lakh crore. However, the Adani-led energy conglomerate, with a value of Rs 15.45 crore did not feature in the top 10, as it is a first-generation family business. The Adani family leads in the first-generation entrepreneur category with a valuation of Rs15.45 lakh crore. The combined value of the 2024 list stands at Rs130 lakh crore, surpassing the GDPs of countries like Switzerland and the UAE. The top three family businesses alone account for Rs46 lakh crore, equivalent to Singapore's GDP.

₹1,222 crore in the June quarter (Q1FY25). However, this robust growth was mainly due to the consolidation of the Thailand business. The acquisition, completed in January, added 283 Thailand KFC stores to Devyani’s portfolio back then.

cryptocurrency sector. Recent market behavior has shown that cryptocurrencies often move in tandem with broader market trends. This raises questions about their stability amidst the ongoing economic turbulence.

InterGlobe Aviation Ltd. traded 0.07 per cent down at Rs 4315.55 on Thursday at around 11:36AM (IST), while the benchmark BSE Sensex declined 300.22 points to 79167.79. As many as 4,411 shares changed hands on the counter with a total value of Rs 1.9 crore.

REC Ltd. traded 0.37 per cent higher in Thursday's session at 11:41AM (IST). The stock opened at Rs 589.35 and has touched an intraday high and low of Rs 593.0 and Rs 582.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 653.9 and a 52-week low of 208.05. About 190,279 shares changed hands on the counter so far.

Brigade Enterprises Ltd, and Phoenix Mills Ltd have performed exceptionally well, even through the pandemic. Will real estate stocks still outperform as the broader market continues to rise? To answer this, let us analyse the Nifty Realty/Nifty 500 ratio chart. Given that most constituents of the Nifty Realty index are mid-cap and small-cap stocks, the Nifty 500 is an appropriate benchmark.

«The Nifty saw a relief rally today, but volatility cannot be ruled out. All eyes will be on RBI policy outcome on Thursday where the committee is expected to maintain the interest rate. Hence, interest-sensitive sectors and stocks would be in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

digital transformation deals after about two years. The new contracts, however, contain cost-saving provisions. Several transformation deals announced by homegrown IT firms in the last 4-5 months have originated from the Nordic region. These include Infosys’ deal with Denmark’s TDC Net, a digital infrastructure and connectivity provider; HCLTech’s deal with Finland’s Oriola Corporation, a health and wellbeing company; and TCS’ multi-million-dollar contracts with digital connectivity and communications provider Nuuday and Ramboll—both from Denmark. Infosys and Wipro also secured deals from Sweden’s Ikea and Finland’s Nokia.

In the face of economic uncertainty and Japan’s sustained low-interest rate environment, Bitcoin is drawing increased attention from investors seeking higher returns.

Canadians gearing up for a run at the fall housing market and existing homeowners with a mortgage renewal looming might see interest rates heading down in the weeks ahead thanks to recent market volatility, experts tell Global News.

The Bank of Canada is now less concerned about home prices spiking as it lowers its benchmark interest rate, minutes from the governing council’s latest meeting show.

Amazon Great Freedom Festival Sale 2024: Get min 40% off on kitchen appliances like water purifiers, OTGs and moreWashing machines make the dreadful task of doing laundry easy. However, that requires a machine that can fulfil all your laundry needs with efficiency.

While many residential real estate investors who buy-to-flip will add value to a property in need of renovation, for those that intend to buy now and sell in the next year without significantly improving the asset, returns are likely to disappoint.

What's Sustainable Jewellery? Sustainable jewellery refers to pieces made from ethically lab-grown materials, crafted with minimal environmental impact. «Consumers today are increasingly conscious of the origins and production methods of the items they buy. This awareness extends to jewelry, where the demand for transparency and ethical practices is rising. Brands are responding by ensuring that their sourcing methods are eco-friendly and their production processes reduce waste and pollution,» said Nimesh Jain, founder of Evol Jewels, a sustainable and personalized jewelry brand.

India's per capita net national income (NNI) for 2022-23 stands at Rs 1.7 lakh. Despite this impressive growth, the perceived increase in wealth is not universally experienced due to persistent disparities in wealth distribution. Workforce Struggles “Despite growing towards lower levels of poverty, India is alarmingly moving towards a struggling working class at risk of falling into poverty. The latest joint report of ILO and IHD indicated that between 2012-2022, the average monthly real earnings of regular salaried workers declined by 1 percent each year, pointing towards poor-quality employment,” Chandra Shekhar, Partner, Posterity Consulting said. Consumption Patterns and Inflation As per a TOI report, the consumption pattern of India is similar to that of the US in the 1960s. The share of India’s domestic consumption to GDP was around 60% in 2022. As per the report, the Indian population spent nearly 30 percent of their income on food, followed by transportation, housing, and then on clothing, education, health, etc. In comparison, the US spends nearly 50 percent of their income on services, followed by healthcare, housing, and then food.