Updates Financial News

08.01 / 06:21

SUN economy Trade Exponent recommendations Updates 2024 Best corporate bond mutual funds to invest in 2024

corporate bond funds. These schemes invest at least 80% of their corpus in the papers of the highest-rated companies. This makes them relatively safer than other debt schemes such as credit risk funds. They are also safer than gilt funds and long term debt funds that are highly sensitive to interest rate changes in the economy. You should pay attention to these two factors: safety and interest rates. Safety became a crucial factor for debt fund investors after a series of defaults and downgrades in the debt space almost three years ago. The shutting down of six schemes by Franklin Templeton Mutual Fund shook conservative investors in debt schemes. Though the environment is different now, you should still proceed cautiously.

08.01 / 06:18

COST Digital Parke Trade Experts reports Updates Low Godrej Consumer Products share price falls over 5% as it expects low-single digit sales decline in Q3

₹1,149.00 apiece on the BSE. The fall in Godrej Consumer shares comes after the FMCG company said it expects to see a low-single-digit sales decline in rupee terms at a consolidated level during the quarter ended December 31. In its Q3FY24 business update, Godrej Consumer Products said the operating environment in India continues to remain similar to Q2 and its organic business delivered steady underlying volume growth of mid-single digit.

08.01 / 04:12

markets UPS Digital trends show Updates Dabur’s fortunes tied to rural recovery

Dabur India Ltd put up a dismal show on the bourses in 2023, falling by about 1% at a time when the sector index, Nifty FMCG, gained as much as 29%. A big worry for the fast-moving consumer goods company has been subdued volume performance in the previous few quarters. Sure, last week’s business update for the December quarter (Q3FY24) offers comfort, but only slightly.

08.01 / 04:06

markets Manufacturing security wellness Trade information Updates Chambal Fertilisers stock in focus as board to consider buyback of shares today

Chambal Fertilisers buyback: The board of directors of Chambal Fertilisers and Chemicals Ltd is going to consider and approve the proposal for the buyback of shares. The company board will discuss the bonus issue proposal in its meeting scheduled on 8th January 2024 i.e.

08.01 / 02:11

markets Reuters economy Trade reports recommendations Updates Weekend Indian stock market: 7 things that changed for market over weekend - Gift Nifty to US nonfarm payrolls

Sensex closed the day 178.58 points, or 0.25%, higher at 72,026.15, while the Nifty 50 settled at 21,710.80, up 52.20 points, or 0.24%. Also Read: Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week “Healthy pre-quarterly business updates indicate that the earnings growth momentum is likely to continue in Q3 as well. Overall we expect markets to remain in a positive range.

08.01 / 02:10

UPS Qualcomm Features Videos Updates Top 5 smartphones to buy under ₹10,000 ft. Poco M6 Pro 5G, Redmi 13C and more

₹10,000 is getting tougher with each passing day with consumers having a plethora of options already available to them, while brands are launching new value-for-money devices every month. Here's a list of top 5 smartphones you can buy under ₹10,000 Poco M6 Pro 5G features a 6.79-inch FHD+ display with a 90Hz refresh rate and a 240Hz touch sampling rate. The smartphone is protected by Gorilla Glass 3.

08.01 / 02:10

FIVE wellness Justice Courts rights Updates Bilkis Bano case Live Updates: Supreme Court to pronounce verdict on remission granted to gangrape convicts

Bilkis Bano case Live Updates: The Supreme Court is expected to deliver a verdict today on the Bilkis Bano case, which involves petitions challenging the remission granted to 11 convicts. The case filed against 11 convicts during 2002 Gujarat riots, that broke out after the Godhra train-burning incident, involved convictions on charges on gangrape of Bilkis Bano and murder of seven of her family members.The gangrape victim Bilkis Bano was 21 years old and five months pregnant when the incident took place while fleeing communal riots.

08.01 / 02:09

markets UPS Manufacturing WhatsApp Updates Bajaj Auto stock in focus as board to consider buyback of shares today. Details here

₹4,600 per equity share. The previous Bajaj Auto share buyback size was ₹2,500 crore done through the open market route.

08.01 / 02:08

markets wellness trends Trade show reports Updates open Sensex Today | Share Market Live Updates: Indices to open flat; Gift Nifty muted

Sensex Today | Share Market Live Updates: Indian stock indices are expected to open flat on Monday as indicated by trends in Gift Nifty. The markets are likely to be significantly influenced by the upcoming quarterly earnings from major IT companies like TCS and Infosys, as well as global market trends.

07.01 / 15:38

markets Provident Compilation Analysis economy reports Updates Q4 Support US Q4 GDP Growth Expected to Support Soft Landing Outlook

This month’s official report of US fourth-quarter economic activity, scheduled for release on Jan. 25, will likely confirm that output expanded at a moderate pace, according to a set of nowcasts compiled by CapitalSpectator.com.

07.01 / 14:29

Reddit show concert reports Department Updates Thanks to Taylor Swift! Philippines woman gets Schengen visa after initial rejection

Schengen visa was denied, a woman from the Philippines eventually got it after she persuaded the authorities that she would depart Schengen territory before the visa expired because she had tickets to Taylor Swift's concert in Singapore in March. In a post on Reddit, the woman narrated the whole incident and wrote, “I just wanna share that I got denied in my first attempt. The comment was that they don't think I'll leave the Schengen territory before the visa expires." “So when I reapplied, I said that I'd leave because I would attend Taylor Swift's concert in Singapore and attached the mail confirmation," she said.

07.01 / 13:24

Hollywood UPS Align Netflix film show Updates Virgin River Season 6 filming schedule revealed: Here's the expected release window

07.01 / 13:19

Provident Bill Experts Harmonic prevention Updates Destinations Mandatory linking of e-invoice with e-way bill may cause operational disruption: Experts

e-invoice with e-way bill, applicable from March 1 for certain types of transactions, may cause disruption in operation and has created confusion among tax planners who are seeking clarification from the authorities, experts said on Sunday. The move was initiated after the mismatch in e-way bills and e-invoice statements was noticed in several cases, they said.

07.01 / 10:50

Provident Booking security information Updates acquires Encore ARC acquires IndoStar Capital's distressed loan book of Rs 292 crore

IndoStar Capital Finance sold Rs 292 crore stressed asset portfolio to Encore Asset Reconstruction Company in a deal which involved a senior-junior structure between the buyer and the seller, said people with knowledge of the matter. The senior-junior structure is rarely used between an ARC and a seller (banks or finance companies), with regulators discouraging such structures in AIF transactions. Encore ARC had given a binding offer of Rs 271 crore to IndoStar Capital’s Rs 292 crore loan portfolio in the form of a senior junior structure. The offer by Encore ARC triggered a Swiss Challenge auction. Mid of December, IndoStar had invited counteroffers — under senior-junior structure — from other ARCs.

07.01 / 07:28

markets UPS Align trends performer Updates MCap of 6 leading firms in top 10 sees ₹57,408 crore dip; TCS, HDFC Bank worst hit

₹57,408.22 crore, till January 5. Tata Consultancy Services (TCS) and HDFC Bank were the hardest hit, aligning with subdued trends in the equity market. Despite reaching an all-time high of 72,561.91 on January 1, the BSE benchmark recorded a decline of 214.11 points, or 0.29 per cent.

07.01 / 07:26

Provident Entertainment Healthcare Bill track hospital Updates Avail Health Insurance: How to avail quick cashless facility during medical emergency? A step-by-step guide

health insurance can either emerge as a dependable 'knight in shining armour' or a ‘complex labyrinth to navigate’. Regrettably, in the aftermath of an emergency, individuals often develop a less favourable perception of both insurance and insurers. This perception primarily stems from a lack of understanding of the fundamental concepts related to health insurance and its processes at the time of an emergency.

07.01 / 06:38

markets Digital trends Trade consequences Updates International Low FMCG makers expect low to mid-single-digit volume growth in Q3; rural market continues to lag

Dabur, Marico and Godrej Consumer Products in their quarterly updates. Companies are optimistic of a gradual uptick as early signs of revival in consumption are visible with improving trends in volumes. Besides, the makers also expect expansion in the gross margins on a year-on-year basis helped by moderating inflation as prices of key inputs such as copra and edible oil prices remained at lower levels and crude derivatives also exhibited some downward bias.

07.01 / 05:57

Citizens Election country reports Updates 2024 Bangladesh Elections 2024: Prime Minister Sheikh Hasina to cruise to fifth victory unopposed

Bangladesh Elections 2024: Bangladesh began voting for its general elections early today January 6, amid pre-poll violence and opposition calls for a boycott of the incumbent government and its candidate, current Prime Minister Sheikh Hasina. Notably, however, despite the opposition, protests, and claims of coercion, Hasina looks set for a fifth clean sweep in the country amid a lack of a significant rival option. This election has unfolded against the backdrop of Hasina's government tamping down on the boycotts by opposition party representatives via widespread arrests.

07.01 / 04:20

Citi Target Election reports Schools Updates Bangladesh elections update: Polling booths torched; schools, trains burned ahead election day

Bangladesh Elections LIVE updates On Friday, a passenger train was set on fire in Dhaka, Bangladesh. Four people including two children died in the incident. On Saturday, miscreants torched a polling centre in Lalmonirhat's Hatibandha upazila.

06.01 / 17:52

SUN performer country Updates Destinations Aditya L1 mission: How the 926 days long journey of ISRO's Sun mission cheered Indians

ISRO in space exploration in the last six months. Close on the heels of the success of the country's lunar mission Chandrayaan-3 in August where the space agency successfully landed 'Vikram' lander in the south poll of moon, its Aditya spcaecraft settled in its final destination to study the Sun on Saturday. Aditya L1 live updates Following is the chronology of events related to Aditya L1.

06.01 / 14:43

markets Digital ETF SEC security Bitcoin Updates Bitcoin Price Prediction as Multiple ETF Approval Deadlines Approach – Instant Spike to $50,000 Incoming?

In the fast-paced and ever-evolving world of cryptocurrency, Bitcoin is making headlines with its current trading value at $43,940, marking nearly 0.50% increase on Saturday. The cryptocurrency community is abuzz with anticipation as multiple deadlines for US spot bitcoin ETF approvals draw near. This crucial period could signal a transformative moment for Bitcoin, with potential approvals possibly triggering a dramatic surge in its value.

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