Wellness Financial News

Elon Musk has been a very important figure in the US Presidential elections 2024, and has been quite instrumental in Donald Trump's thumping victory in the polls against Kamala Harris. The Tesla CEO, after the victory of Trump, was announced as the co-head of a special department to begin in Trump's regime, that will keep a check on federal expenses.

Driving in the snow isn’t enjoyable for many people

Kapil Sharma and his show The Great Indian Kapil Show on OTT platform Netflix landed in legal trouble for allegedly disrepecting the legacy of Nobel laureate Rabindranath Tagore. Multiple reports surfaced that Salman Khan's production house SKTV had been served a legal notice as well for its alleged association with the show.

The 63 countries, along with the European Union, assessed in the CCPI are responsible for 90 per cent of global emissions. India ranks 10th in this year's CCPI, remaining among the highest performers.

According to data from the Office for National Statistics today (20 November), the increase was largely driven by a rise in energy prices last month, although it was partly offset by the recreation and culture sector. Core inflation increased as well to 3.3% from 3.2% a month prior, still well above the Bank of England's target of 2%, as services inflations continued to remain sticky rising to 5% from 4.9% in September. BoE's Andrew Bailey warns Budget tax hikes add 'uncertainty' for interest rate cuts Chief secretary to the Treasury Darren Jones, said: «We know that families acros...

Sea Vigil exercise to check the preparedness of security forces began off the Goa coast on Wednesday, officials said. Conceived in 2018, the exercise was basically to derive the lessons and actions to be taken after the 26/11 Mumbai attacks, Commodore Dushyant Purohit, Chief Staff Officer, naval officer in-charge of the Goa naval area, told reporters at Vasco (in South Goa). The first phase of the exercise was held from November 12 to 19.

Subscribe to enjoy similar stories. Recently, there have been news reports in India hinting at the possibility of a new Pay Commission. The basis of these stories is a memorandum submitted by the staff side of the National Council of the Joint Consultative Machinery to the new cabinet secretary and finance secretary, requesting the prompt establishment of the 8th Pay Commission, the rationale for this demand being that it has been 10 years since the last one.

Subscribe to enjoy similar stories. The past few weeks have been tough for the Indian markets. While a 10% fall in indices isn’t unusual, the frequency of such falls has fallen significantly since the pandemic and as a result, new investors are learning lessons that old timers have known for years.

Subscribe to enjoy similar stories. Rio Tinto is finding it difficult to stamp out sexual harassment, racism and bullying as it faces resistance and backlash from some workers to its efforts to overhaul the culture of one of the world’s biggest miners. That is a key finding of a report published on Wednesday that assessed Rio Tinto’s response to an external review in 2021 that unearthed reports of frequent bullying by managers, racist comments and sexual assault.

Subscribe to enjoy similar stories. Over the past few days, several regions in northern India, including Delhi NCR, have been in the news for all the wrong reasons: rapidly worsening air quality that has the area on the brink of a public health crisis. The toxic air has prompted authorities to introduce restrictions on vehicle movement and construction activities, and order schools to conduct classes online.

a countrywide strike entered its fifth day.“On smaller issues, we were able to find some progress,” said Canada Post spokesman Jon Hamilton in a phone interview.“The special mediator has helped facilitate those discussions. So we’re going to continue to be at it.

Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import costs high

Dynamic Midcap Strategy, we follow the GSM investment philosophy. ‘G’ stands for growth, ‘S’ stands for strategic value and ‘M’ stands for margin expansion,” says Mohit Khanna, Fund Manager at Purnartha. In an interview with ETMarkets, Khanna said: “In the Multi-asset, Purnartha One Strategy, we optimize risk by actively managing the asset allocation using a VMS framework – ‘V’ stands for valuations, ‘M’ stands for macro outlook and ‘S’ stands for sentiments.” Edited excerpts:

innovation hubs (CIHs) have an expanded portfolio of services today and India has an opportunity to capture a big share of this market, says Boston Consulting Group. CIHs are centres that provide access to high quality talent and advanced technology to help businesses grow by playing a prominent leadership role in formulating and driving business priorities across the enterprise. In its latest white paper, BCG says CIHs’ portfolio today includes front-end customer facing business operations and capabilities in emerging technology. Sreyssha George, Managing Director & Partner at BCG, says that global CIH spend is currently estimated at $265-290 billion and is expected to grow to $390-420 billion by 2027 (10% CAGR). “India is uniquely positioned to capture a 35-50% market, given its rich and scaled talent pool. Also, these hubs will bring significant innovation and talent upskilling to the Indian ecosystem,” she states.

An «industrial renaissance» in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong.

About three-quarters of the coal-fired generators near major cities are set to miss a year-end deadline to install equipment to curb sulfur-dioxide emissions, according to people familiar with the matter, who asked not to be identified as the information isn’t public. If fully implemented, such systems could cut India’s emissions of the pollutant by almost two-thirds, benefiting air quality and public health, according to the Centre for Research on Energy and Clean Air. Sulfur dioxide breaks down into sulfates, which can account for almost a third of the particulate mass that forms India’s smog, according to Manoj Kumar, an analyst at the Finland-based research group.

Indrajit Agarwal, Senior Research Analyst, CLSA, says there are three or four levers of cost savings. One is higher renewable power usage, second is lower lead distances, third is improving the mix of cement, etc. All those things will lead to profitability improvement. In an environment where the top few players are focusing on both cost savings and market share gain, pricing would be very difficult to come by and that is where larger cement players with better volume growth visibility and cost saving outlook are likely to fare much better than the smaller or regional players. What have been your key takeaways for materials as a sector? Indrajit Agarwal: If you look at the sector, what has happened in the past few years and also year to date, we have been in the midst of a structural upcycle driven by all the levers, be it infrastructure, housing, property market, whatever you call it. However, the last six months effectively has been a perfect storm. We have had a confluence of three events which has led to a significant weakness in the demand environment.

Subscribe to enjoy similar stories. A question I get asked frequently—just last week, in fact—is how to improve one’s writing. The answer is simple.

Subscribe to enjoy similar stories. Donald Trump vowed during his campaign to dismantle the Department of Education. He said it to wild applause at his rallies, and it isn’t a crazy idea.

We revived our Ideal Employer report last year after a five year hiatus, and the people spoke: JPMorgan won by a landslide.

The price of Bitcoin hit a record high on Tuesday afternoon, continuing its dramatic ascent in the two weeks since Donald Trump’s victory in the presidential election.