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Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas investment to help its economy. China’s direct investment liabilities in its balance of payments rose by $33 billion last year, 82% down on 2022, according to data from the State Administration of Foreign Exchange released Sunday. That measure of new foreign investment into the country — which records monetary flows connected to foreign-owned entities in China — slumped to the lowest level since 1993.

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.

In the wake of Bitcoin’s price dip to the $50,000 mark, the cryptocurrency community is keenly observing its recovery to $51,500, albeit with a near 1% decrease. Amidst this scenario, investors and analysts are scrutinizing the digital currency’s resilience and the broader implications of recent industry developments. These include notable incidents like the misappropriation of Bitcoins by an Australian police officer and record inflows into Bitcoin ETFs, alongside the mining difficulty reaching new heights ahead of the Bitcoin halving event.

The revival hopes for the information technology (IT) sector hinge significantly on the rate of deal acquisitions, yet the December quarter (Q3FY24) witnessed a lukewarm performance in this arena. Following an exceptional second quarter, top-tier IT firms experienced a slowdown in deal wins during Q3. While moderation was expected due to the quarter's typical seasonal downturn, the absence of mega deal announcements and the trend of lengthier deal durations have raised concerns.

climate change, triggered a peculiar trend in the 2022-23 winter season where air quality improved in north India while peninsular India recorded an increase in pollution levels, according to a new study released on Sunday. The three consecutive years of La Nina conditions (2020-23) — a rare «triple-dip» phenomenon — had widespread impacts on the ocean and climate across the globe. The study by a team of scientists led by Gufran Beig, Chair Professor, National Institute of Advanced Studies, emphasised that besides local emissions, rapidly changing climate is a significant factor affecting air quality. Published in the Elsevier Journal, the study reveals that the air quality worsened in peninsular Indian cities in the 2022-23 winter season but improved in the northern part of India, contrary to the trends seen in recent decades.

₹2,000 crore as current capital work-in-progress, the expansion will increase its total room count to 5,000 in the next three to four years. Sanjay Sethi, the company's managing director and chief executive, told Mint that Chalet Hotels' strategy hinges on capitalizing on demand generated by office spaces in proximity to their hotel properties, ensuring a robust and continuous customer base. In an industry trend moving towards reduced asset ownership and a focus on hotel management, Sethi said that Chalet Hotels stands out by pursuing growth in both its balance sheet and Ebitda (earnings before income, tax, depreciation, and amortization).

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.

investing. The cube has 43 quintillion combinations, and if you stare at it long enough, you will find it mind-boggling. Similarly, even investors with several years of experience and expertise find investing challenging.

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.

Schaeffler India announced their Q4 CY23 results on 16 Feb, 2024, with the topline showing a growth of 4.45% compared to the previous year. However, the profit witnessed a decline of 9.25% year-on-year.

With such large savings available, you can discover the newest styles in fashion, the best skincare and beauty products, and the ideal shoes for every occasion. Prepare yourself for an unparalleled shopping experience, as the Amazon Sale of 2024 offers unparalleled discounts and an opportunity to reach new heights in terms of elegance.

BJP president J P Nadda on Saturday underlined the party's meteoric rise since Prime Minister Narendra Modi took office and lauded his leadership in the past decade that has been full of new achievements for the organisation. The Modi government will score a hat-trick and retain power for a third straight term after the Lok Sabha polls, expected in April-May, he told nearly 11,500 party delegates who have assembled at Bharat Mandapam here for the two-day national convention. «We have to cross 370 seats and the NDA has to cross 400,» he said in his inaugural address, exhorting party members to put all their energy in achieving the target so that the party breaks its previous records. Thousands of party delegates from across the country rose to cheer Modi when Nadda made a mention of the women's reservation law and the construction of the Ram temple in Ayodhya while citing the highlights of the prime minister's tenure.

Investing.com — The S&P 500 closed on Friday, snapping a five-week winning streak as data this week showing inflation remains rein in investor bets on sooner rather later rate cuts.

Global equity funds have experienced a significant surge in inflows, amassing approximately $59.5 billion over the past four weeks, marking the most substantial increase since February 2022, as reported by Bank of America.

While major indexes like the Nasdaq and S&P 500 have seen a relatively stagnant performance this week, several individual stocks have bucked the trend, achieving significant gains.

₹29,520 crore so far in 2024. FPIs have sold ₹3,776 crore worth of Indian equities and the total inflow stands at ₹19,608 crore as of February 16, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. Foreign institutional investors (FIIs) were buyers for three out of five sessions last week, yet the total divestment stood at ₹6,240.55 crore, while domestic institutional investors (DIIs) were buyers for all five sessions, with a total investment of ₹8,731.6 crore, according to stock exchange data.

In this timepiece extravaganza, we've curated a diverse collection that spans the realms of smartwatches, luxury classics, and exciting new launches. Dive into a world of craftsmanship, precision, and style as we showcase the finest timepieces from renowned brands. Elevate your style and stay punctual with our curated selection, offering something for every wrist and occasion.

Stock to watch: SpiceJet shares witnessed a strong bull trend on Friday after the announcement of DGCA numbers for January 2024. However, the aviation stock sustained its early morning gains when the Indian aviation major informed stock market bourses about fresh developments on GoFirst involving its MD Ajay Singh. The Indian budget carrier declared that SpiceJet MD Ajay Singh and Busy Bee Airways Private Limited had submitted a joint bid for bankrupt airline company GoFirst, which has been grounded since May 2023 and going through insolvency proceedings.

MCX Gold and Silver trading, understanding price patterns is crucial for informed decision-making. Three prominent patterns — heads & shoulders, double tops and double bottoms — offer valuable insights into potential price movements, aiding traders in navigating the dynamic precious metals market. Head & Shoulders The head & shoulders pattern typically signals a trend reversal from bullish to bearish. It consists of three peaks—the left shoulder, head, and right shoulder—where the central peak (head) is higher than the two shoulders. Traders can use this pattern to anticipate a downward price movement following the completion of the right shoulder.

Shares of Covid-favourite ITC are now under pressure amid discussions around BAT stake sale. In Friday’s session, the stock fell below the Rs 400-mark. “It has approached the upper band of a historical consolidation, which could potentially serve as support. In the short term, there might be a recovery towards Rs 440 and beyond. Support on the lower end is set at Rs 389, and if breached, the stock might face a further decline,” says Rupak De, Senior Technical Analyst at LKP Securities.

By Aroon Kumar