Week Financial News

Invesitng.com — Bank deposits, and lending fell in the week ended Aug. 9, the latest data Friday from the Fed showed.

Netflix has recently introduced a substantial influx of 23 fresh movies, series, and games to its platform. Among the latest additions are noteworthy selections for August 18. Meanwhile, it's worth noting that today is the final opportunity to catch the Netflix Original film «Bleach» and Nickelodeon's offering «Santiago of the Seas.» Additionally, be aware that «Septembers of Shiraz» and «Take My Brother Away» are slated for removal from Netflix in the forthcoming days. Among the newly added on Netflix, viewers can certainly watch «Boy Erased», «Mask Girl Season 1», «LEGO® Legacy: Heroes Unboxed», «10 Days of a Bad Man», «A Life Too Short: The Isabella Nardoni Case», «Buya Hamka Vol. 1», 'Carancho', 'Crane World', «Elefante blanco», «Long Live the Bonus Family», «Love You Long Time», «Love, Sex and 30 Candles», «OMG! Oh My Girl», «The Monkey King». Meanwhile, the striking Writers Guild of America (WGA) on Thursday urged federal regulators to increase their oversight of the streaming media business, saying Walt Disney, Amazon.com and Netflix had amassed too much power. The guild, which has been on strike since May 2, issued a report arguing that the three companies were poised to become «the new gatekeepers of media» and have abused their positions «to further disadvantage competitors, raise prices for consumers, and push down wages for the creative workforce.» The union urged regulators to block any further consolidation in the industry, «proactively investigate anti-competitive issues and outcomes» and increase regulation and oversight of the streaming business.

The price of bitcoin dropped below $26,000 this week amid decreased activity in the market, the growing crisis in China's property sector, and a report that SpaceX has sold at least some of its bitcoin holdings.

₹6,744 per bbl, having swung between ₹6,616 and ₹6,754 per bbl during the session so far, against a previous close of ₹6,685 per barrel. China, the world's biggest oil importer, is seen as playing a major role in shoring up oil demand over the rest of the year. However, the country's post-pandemic recovery has been sluggish, weakened by low domestic consumption, plunging factory activity and a debt-ridden property sector.

maritime transport, defence, trade and investments and people-to-people ties. Prime Minister will hold talks with Prime Minister Mitsotakis to discuss ways to further deepen the relationship.

foreign exchange (forex) reserves snapped a three-week losing streak and stood at $602.16 billion as of August 11, data from the Reserve Bank of India (RBI) showed on Friday. The reserves rose by $700 million from the week earlier, having fallen by a total of $7.6 billion in the prior three weeks. According to the weekly statistical supplement released by the RBI, foreign currency assets (FCAs) increased by $999 million to $534.40 billion.

sprawling property sector and sputtering economic recovery. (With inputs from Reuters)Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

₹10 crore nett in India for all languages on Thursday, according to early estimates published by Sacknilk. com. With this, the eight-day collection figures of Jailer movie stand at ₹236.65 crore in India, and ₹411.7 crore globally.

Domestic benchmark index NSE Nifty fell 87.35 points to 19277.9, while the BSE Sensex traded 282.93 points down at 64868.09. On the other hand, Concord Biotech Ltd., Flexituff Ventures, Veto Switchgear, IRIS Business Servic and Tara Chand Logistic stocks hit their fresh 52-week highs today.

Rekha Jhunjhunwala portfolio: DB Realty shares have been in uptrend for the last one month. This Rekha Jhunjhunwala-backed stock has surged to the tune of 80 per cent in the last one month. But, it seems that realty stock still has some steam left.

Benchmark NSE Nifty index fell 91.4 points to 19273.85 amid selling in frontline bluechip stocks. However, stocks such as Richa Info Systems L, Sangani Hospitals, GMM Pfaudler, Yudiz Solutions and Allcargo Terminals, touched their fresh 52-week low.

Ghoomer embarks on the captivating journey of Anina (Saiyami Kher), an aspiring cricketer with ambitions of securing a coveted spot in the Indian National Women's Cricket team. However, destiny takes an unexpected turn as she is selected for the team only to suffer a life-altering setback. In the days leading up to a crucial tournament, a tragic accident results in the loss of her right arm, seemingly shattering her dreams.

rates staying higher for longer as long-term bond yields surged. MSCI's broadest index of Asia-Pacific shares outside Japan were up 0.1% after hitting a nine-month low the session before. It was, however, headed for a weekly loss of 2.8%, the third straight week of declines.

Indian Space Research Organization (ISRO) on Thursday announced that the Chandrayaan 3's ‘Vikram’ lander module of the spacecraft has successfully separated from the propulsion module. The ‘Vikram’ lander module was with the propulsion module for the last month in their journey from India's Sriharikota to Earth's satellite Moon.

By Sudarshan Varadhan

Investing.com — Bank borrowing from the Federal Reserve's emergency lending programs fell in the week ended Aug. 16, data from the Federal Reserve showed Thursday. 

The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years, grim news for would-be homebuyers already facing high home prices caused a lack of supply

Benchmark NSE Nifty closed 99.75 points down at 19365.25 amid selling in frontline bluechip counters. However, stocks such as Godha Cabcon & Insul, Penta Gold, Oriana Power, Transindia Real Esta and Richa Info Systems L, touched their fresh 52-week lows.

Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the red zone on Thursday. The NSE Nifty 50 plunged 104.95 points or 0.54% to 19,360.05 and BSE Sensex tanked 357.58 points or 0.55% to 65,181.84. In sectoral indices, Bank Nifty plunged 0.23%, Nifty Auto fell 0.40%, Nifty IT tumbled 0.39%, Nifty FMCG tanked 0.62%, Nifty Financial Services fell 0.23%, Nifty Media tumbled 0.62%, while Nifty PSU Bank gained 0.52%. HDFC Bank, Cochin Shipyard, ICICI Bank, Adani Enterprises, Reliance Industries, State Bank of India and Adani Ports & Special Economic Zone were among the most active stocks on the NSE.

Domestic benchmark index NSE Nifty fell 90.9 points to 19374.1, while the BSE Sensex traded 297.95 points down at 65241.47. On the other hand, BF Utilities, Chaman Lal Setia, Megasoft, D P Wires and Ksolves India stocks hit their fresh 52-week highs today.

Benchmark NSE Nifty index fell 62.8 points to 19402.2 amid selling in frontline bluechip stocks. However, stocks such as Penta Gold, Oriana Power, Transindia Real Esta, Redtape L and Richa Info Systems L, touched their fresh 52-week low.