Waves Financial News

Nifty is likely to see a gap-down opening on Wednesday amid weak global cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading lower at around 19,389 level as compared to Nifty futures’ Monday’s close of 19,471.

Reliance Jio, Vodafone Idea, and Bharti Airtel, India’s top three telcos, are expected to add up to 25% more employees to their existing workforce in Financial Year (FY) 2024, The Economic Times reported. The demand for telecommunications jobs is seeing a rise due to 5G technology.

People’s Bank of China on Tuesday lowered the rate on its one-year loans — or medium-term lending facility — by 15 basis points to 2.5%, the steepest cut in three years. The move came shortly before the release of July data that showed weak consumer spending growth, sliding investment and rising unemployment.

(Reuters) — Shares of Nvidia (NASDAQ:NVDA) rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their price targets for the chipmaker, heightening already lofty expectations ahead of its quarterly earnings report next week.

Taliban view their rule of Afghanistan as open-ended, drawing legitimacy from Islamic law and facing no significant threat, their chief spokesman said in an interview marking the second anniversary of the Taliban takeover of the country. He also suggested a ban on female education will remain in place.Zabihullah Mujahid brushed aside any questions from The Associated Press about restrictions on girls and women, saying he had nothing new to say on the matter while also indicating the status quo will remain. The ban on girls attending school beyond sixth grade was the first of what in the second year of Taliban control became a flurry of restrictions that now keep Afghan girls and women from classrooms, most jobs and much of public life.

The first time that Will realised he was caught up in the huge Protego GST crime wave came when he discovered his tax refund had disappeared – it went to pay out debt racked up by a fraudster in Sydney who hijacked his MyGov account for nearly $30,000.

A Russian coal miner listed on the ASX will keep digging and shipping coal from Siberia to China despite the Foreign Affairs Department advising they are “likely” to be in breach of Australian sanctions imposed following Vladimir Putin’s invasion of Ukraine.

Hedera Hashgraph (HBAR) has exploded following the announcement that FedNow will be integrating Hedera via the Dropp dApp, but with price rocketing up +20% - is it too late to buy Hedera?

Here's how analysts read the market pulse: «Following weak performances in Asian markets, the domestic indices commenced the day with a negative bias, prompted by discouraging domestic industrial data along with concerns over demand from China. However, the indices managed to recover from their initial losses, ending the day on a relatively neutral note. India's wholesale inflation persisted in negative territory, albeit moderating to -1.36%, as the decline in fuel prices was counterbalanced by higher food costs.

By Summer Zhen and Laura Matthews

Uttar Pradesh's Shahjahanpur. The chilling video of the shooting has gone viral on the social media, triggering a wave of shock and disbelief. The distressing footage shows Shoaib, a young man, carrying his daughter when an armed assailant abruptly approaches.

Check all the LIVE Updates on Independence Day 2023 today. Independence Day 2023 Live: Prime Minister Narendra Modi will deliver his 10th consecutive Independence Day address to the nation today i.e.

Mining companies will need to disclose more information about the potential for environmental issues or native title disputes to affect future development of mineral discoveries, under proposed changes to the guidelines that underpin Australia’s biggest export industry.

Warren Buffett's Berkshire Hathaway (NYSE:BRKa) made a few interesting moves in the second quarter, according to the firm's 13F with the SEC after the close of trading Monday. The most interesting trade was adding new positions in three homebuilders.

covid pandemic, when India’s overall investment in fixed assets saw a decline, indicating a heightened focus on innovation within boardrooms, official data showed. Data up to FY22 from the statistics ministry showed that while fixed investments or gross fixed capital formation (GFCF) contracted 7.3% in FY21 due to the economic impact of the nationwide lockdown to contain the spread of covid-19, investments into intellectual property products, a component of GFCF, remained in positive territory.

New York | Senior partners at accounting firm BDO USA are in line for a big windfall after the arrangement of a $US1.3 billion ($2 billion) debt deal with Apollo Global Management, according to people familiar with the situation.

(Reuters) — California's Independent System Operator (ISO) warned of high temperatures and increased electricity usage during the coming week as the grid operator prepares for tight conditions works to ensure adequate supply.

Mint’s Mutual Funds Conclave 2023, held recently. The panel on ‘AA and AI—What’s the next wave of innovation in Mutual Funds’ comprised Varun Sridhar, CEO, Paytm Money; Chetan Mehra, head - quantitative investment, PMS & alternative investments, Bandhan AMC Ltd; and Vetri Subramaniam, chief investment officer, UTI AMC. Edited excerpts from the panel discussion: What, according to you, will be the next big innovation in the MF industry? Chetan: I see passive investing and a lot more quantitative investing coming through big time.

In a major move sending shockwaves through DEX markets, leading ZKSYNC DEX stablecoin USD+ has destabilized creating seismic price moves.

Reliance Jio Infocomm Limited (“RJIL"), today announced that it has completed its minimum roll-out obligations in each of the 22 Licensed Service Areas (“LSA"), across each of the spectrum bands, ahead of time under the terms of the spectrum allocated to it on 17th August 2022. On 19th July 2023, RJIL had completed submission of the prescribed details towards completion of the Phase 1 minimum roll-out obligation with the Department of Telecommunications (“DoT") Units and by 11th August 2023, necessary DoT testing was completed in all circles.

multiplexes and cinema halls witnessed a record number of admissions driven by movies such as 'Gadar 2', 'Jailer', 'OMG 2' and 'Bhola Shankar', boosting their combined gross box office collection to over Rs 390 crore. This weekend set a «new all-time theatrical gross box office record» in its 100 years of history, said a joint statement from the Multiplex Association of India (MAI) and Producers Guild of India (PGI). «The weekend drew over 2.10 crore moviegoers to theatres across the county, which is the highest combined admissions record in the last 10 years of history,» it said.