Waves Financial News

Bonds around the world are extending gains on expectations that a wave of easier monetary policy will break out next year as inflation fears evaporate.

A new year tends to bring a wave of optimism, but when it comes to the markets and the economy this should not be overstated according to State Street Global Advisors.

The generative AI boom has sent governments worldwide scrambling to regulate the emerging technology

The term “net asset value," or NAV, is so commonplace for anyone buying a mutual fund, investors hardly give it a second thought. It has a standard definition. The number is audited annually.

By Scott Murdoch and Lewis Jackson

global capability centers or captives in India has been insourced from an IT firm, as per data sourced by ET. This is driven by multinationals which are making a beeline for India's abundant technology talent for functions and are going beyond back-office support through their GCCs. ANSR, which helps set up GCCs and handles over 110 centres and 120,000 GCC talent resources, says that over 30,000 critical jobs over the past decade have been insourced from system integrators to their own payrolls by GCCs.

The conflict against Tesla in Sweden is spreading to neighboring Denmark

Grayscale, a prominent name in the crypto investment sphere, recently made waves with its update on the approval status of the Grayscale Bitcoin Trust’s (GBTC) Spot Bitcoin ETF. This long-awaited development has sparked anticipation and excitement. Meanwhile, Ethereum (ETH) and Everlodge (ELDG) are seeing price surges. Let’s discover why.

₹76,054 crore during the second quarter of FY 2024, industry data showed. Last year, ₹71.916 crore of loans were disbursed in the same period. In terms of volume, a total of 1.69 crore were disbursed during Q2 FY2023-24, as against ₹1.81 crore loans in Q2 FY 2022-2023, as per the latest data by Microfinance Institutions of India (MFIN).

stock extended its winning streak to hit a lifetime high of ₹3,347.55 on Monday before closing nearly 4% higher at ₹3,313.55. Analysts said despite the recent record-breaking run, there is still room for more upside in 2024 spurred by the ongoing momentum of infrastructure building in India.

IBM made waves in the retirement plan world last month when the company revealed that it’s going back to a defined-benefit pension of sorts in lieu of contributing to employees’ 401(k) accounts.  

journalists have been selected for the first-ever 'Kalyan Barooah Award', instituted in memory of the Delhi-based senior journalist who died during the Covid pandemic, in a ceremony on December 11. The NGO My Home India, in collaboration with the North East Media Forum, will present the awards in a ceremony here on December 11. The Kalyan Barooah Award was instituted to immortalise the veteran journalist's contribution towards bringing issues of Northeast India into focus in the national media, a release by the North East Media Forum (NEMF) said.

(Reuters) — Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year.

Assembly polls that saw the BJP win three states will not impact the INDIA bloc but the opposition parties need to work harder for the Lok Sabha polls next year, opposition leaders said on Monday. The BJP swept Madhya Pradesh, Rajasthan and Chhattisgarh on Sunday, inflicting a resounding defeat on the Congress to tighten its stranglehold in the Hindi heartland, in a big boost for Prime Minister Narendra Modi and setting the tone for the 2024 Lok Sabha elections.

Alaska Air Group has agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt

₹180 crore, implying a growth of over 47% from the same period last year. The 5-year average return on equity for Dixon was at 23%.

Earthquake today: Massive quake of 7.6 magnitude strikes Mindanao in Philippines At least two people were killed and several were injured after Saturday's quake, according to AFP news agency. Saturday's quake triggered tsunami warnings across the Pacific region and sent residents along the east coast of Mindanao fleeing buildings, evacuating a hospital, and seeking higher ground.

4 Factors leads to the Congress loss in Rajasthan Why did Cong lose Rajasthan? Crimes against women, paper leaks among key factors Rajasthan Assembly Election 2023: 'Did not leave any stone unturned' says Gehlot Rajasthan Assembly Elections: How BJP took the benefit of anti-incumbency wave Race for Rajasthan CM: Vasundhara Raje, Mahant Balak Nath among top contenders Milestone Alert!Livemint tops charts as the fastest growing news website in the world

Bitcoin has broken above $40,000 for the first time this year as it rides a wave of momentum on broad enthusiasm about US interest rate cuts and as traders anticipate the imminent approval of US-stockmarket traded bitcoin funds. The world's biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022. It was steady at $40,011 in thin trade early in the Asia day on Monday.

China's regulator wants provinces to come up with their own plans to handle financial risks, according to a report, about a month after officials pledged to set up a mechanism to resolve local debt issues. The country should make a greater effort in financial risk management but the policies need to be tailored, avoiding a one-size-fits-all approach, the Xinhua News Agency cited Li Yunze, head of the National Financial Regulatory Administration, as saying in an interview. Provinces have to devise their own policies on how to handle risks, according to the report. The world's second-largest economy has struggled for traction this year as a bounceback from restrictive Covid Zero policies proved to be softer than expected and a property crisis dragged on.

The Bharatiya Janata Party (BJP) tightened its grip over India’s heartland with emphatic victories across three major states on Sunday, boosting the ruling party’s prospects of prevailing in next summer’s general election. The results also ring alarm bells for the Opposition, specifically the Congress party, which was outgunned and now faces uncomfortable seat-sharing talks with potential allies in the INDIA bloc.