Updates Financial News

Federal officials have ordered the immediate grounding of some Boeing 737 Max 9 jetliners until they are inspected after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage

CES 2024 kicks off in Las Vegas this week

Bloomberg analysts are increasingly optimistic about the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, with the odds now exceeding 90%. 

₹2000. The charges started reflecting on its booking engine late last week and have been updated on its website today as reported by Hindustan Times. The prices which ranged from 150 to 1500 have been revised and now range from ₹150 to ₹2000, an increase of 33% at the upper end.

National Aeronautics and Space Administration (NASA) has rejected the concerns raised by some reports that 2007 FT3, a lost asteroid, could potentially hit Earth in this year. Confirming that the 54-million-ton asteroid, of which scientists lost track nearly two decades ago, posed no threat to our Earth on October 5 this year, the US space agency said: “There are no known asteroid impact threats to Earth at any time in the next century." Astronomers eventually lost track of the 984-foot asteroid after first spotting it in 2007, categorizing it as a "lost asteroid." In 2007, some reports stated that there was a roughly 1 in 10 million chance of 2007 FT3 colluding into Earth by March 3, 2030 or a 1 in 11.5 million chance of striking the Earth on October 5, 2024.

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In this age of ubiquitous technology, every facet of our lives is touched by its transformative influence, and real estate is no exception. Drawing on my experience as a real estate expert, I’ve witnessed a profound shift in purchasing trends, as prospective buyers increasingly turn to digital tools to streamline their property search and transaction processes.

5thScape is a new crypto project focused on building the future of AR and VR gaming. The project plans to roll out a variety of new VR games and build an industry-leading VR headset. It’s also creating an AR/VR development marketplace that will help establish 5thScape as the dominant VR ecosystem.

Kaustubh Pawaskar, DVP, Fundamental Research, Sharekhan, says “competitive intensity from the smaller and regional players have gone up substantially and that is hurting FMCG companies at the bottom of the pyramid. So to reduce the competitive pressure, most of the companies might give damage offerings or promotional add-ons or reduce the prices to reduce the competitive pressure in the quarters ahead. This strategy may be implemented by most of the large companies in the quarters ahead.” Raw material prices have been quite subdued, declining for the last couple of quarters. Finally, it seems like FMCG companies have been taking this grammage increase. Very rarely do we see this happening from the FMCG side. Will this finally support the growth of FMCG companies, which has been subdued in Q3? Kaustubh Pawaskar: Yes, so there are two aspects to it. One, obviously, they want to pass on the benefit of the lower raw material prices to the consumers. We have heard that rural demand is yet to pick up. And this is the commentary we have been hearing for the past three quarters.

Dilip Buildcon, PNC Infratech and KNR Constructions. However, NCC is estimated to report a higher 37% YoY sales growth, driven by its strong order book, which is highest among peers. For toll-based assets, the brokerage firm forecast 5% sequential rise in revenue.

Garena Free Fire Max is an updated version of the original Garena Free Fire and was launched in 2021. The battle royale game gained popularity in India after its predecessor was banned by the Indian government. The already fervent appeal of this battle royale game is further enhanced by the release of daily redeem codes by the developers of Free Fire Max.

LONDON (Reuters) -Boeing shares listed in Frankfurt fell almost 8% early on Monday after the U.S. Federal Aviation Administration ordered the temporary grounding of some Boeing (NYSE:BA) 737 MAX 9 jets.

Baldev Prakash, MD & CEO, J&K Bank, says “retail growth is coming from our home territory, that is Jammu and Kashmir and Ladakh. And in retail also, the home loan segment is picking up. We are clocking a growth of over 20% in home loans and corporate growth is coming from the rest of the country segments, basically all the good corporates. That is the strategy we followed last year and we continue with that study.” What is the outlook when it comes to overall advances growth in terms of any sort of projections or any particular space where you have seen a little bit of weak growth when it comes to your advances? Baldev Prakash: As far as advances growth is concerned, our guidance was around 15% to 17% and we are confident of maintaining the guidance. This quarter also, on the net advances basis, it should be 15% plus.

WhatsApp seems to be planning to give users more control over their app with the introduction of the new Themes feature. The new feature was spotted by WABetaInfo in the WhatsApp Beta for iOS 24.1.10.70 update.

SC quashes remission granted to 11 convicts in Bilkis Bano case On Monday, the Supreme Court struck down the remission granted to 11 convicts in the Bilkis Bano case on the ground that the Gujarat government had no competence to grant remission. The top court held as 'nullity' its May 13, 2022 order of another bench asking Gujarat govt to consider remission plea of convicts 1. “The exercise of power by the state of Gujarat is an instance of usurpation of power and abuse of power".

Prime Minister Narendra Modi, home-grown travel company EaseMyTrip has decided to stop bookings for the island nation, claiming that 'nationalism' is greater than any 'personal interest'. Also Read | India-Maldives Diplomatic Row: 3 ministers suspended, EaseMyTrip stops bookings, Lakshadweep in focus | Top 10 Updates Announcing the news via a post on X (formerly Twitter), EaseMyTrip founder Prashant Pitti wrote, Water & beaches of Lakshadweep are as good as Maldives/Seychelles.

Also Read: MSCI EM Index: India surges to second place; weightage likely to cross 20% by mid-2024 CLSA believes that Nifty is trading at earnings multiples that have historically led to reversals. “India is now the most expensive of the world’s largest markets and the only one trading in the top decile of its historical trading range. In fact, 15 out of the top 19 global markets are trading below their historical average valuations.

₹58,000. This marks the first price hike for the Honda Elevate since its introduction last year, with the new starting price now at ₹11.58 lakh and reaching ₹16.48 lakh for the top-spec dual-tone variant. These prices are exclusive of ex-showroom, Delhi.

Read Bilkis Bano case LIVE updates The top court said that the State of Gujarat was not competent to to grant remission to 11 convicts sentenced to life term for the gangrape of Bilkis Bano and killing her family members during the 2002 Gujarat communal riots. A bench of Justices BV Nagarathna and Ujjal Bhuyan pronounced the judgement on Monday. The Supreme Court also pulled up the Gujarat government for passing remission orders in August 2022 in a cyclostyled manner, with no application of mind.

Cost of Living LIVE Updates January 08: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.