Wellness Financial News

Subscribe to enjoy similar stories. The age-old Dalal Street tale of Varmaji and Sharmaji is one many investors know well. Neighbours yet opposites, Varmaji sticks to fixed deposits and rides a Bajaj scooter, while Sharmaji, an active stock investor, also rides a scooter but soon upgrades to a gleaming car during a bull market.

CPA Canada says it’s reached agreements with its Ontario and Quebec counterparts on education, exams and standard-setting for the accounting profession.

In a surprising turn of events, Statistics Canada data showed older households took on more mortgage debt in the second quarter of the year, compared with the same period last year.

In less than 24 hours, the United States will head to the polls to choose its next president. Amidst the high-stakes atmosphere, billionaire Elon Musk, a known Donald Trump supporter, tweeted a comparison of the top donor lists for the 2024 presidential contenders with those of the 2020 election between Joe Biden and Donald Trump.

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Equity funds suffered their worst month of outflows on record in October with withdrawals reaching £2.7bn, according to the latest Fund Flow index from Calastone.  After sell orders had surged 36% month-on-month, they plummeted by 40% overnight as CGT rate hikes took place immediately on the day of the Budget (30 October).  UK gilt yields hit 2024 high as investors mull over Budget borrowing «Fears of a CGT grab in last week's Budget spurred investors to book their profits and crystallise a lower tax bill well before the chancellor rose to her feet in the commons,» said Edward Glyn...

Tom Cruise may be unexpectedly reintroducing Nicole Kidman into his life. He may be making a career decision that could have an impact on Nicole Kidman as well, even though it was reported that he made a concerted effort to avoid Kidman during last year's awards season, as quoted in a report by SheKnows. Rewind to 1989, when Kidman and Cruise first appeared together on the Days of Thunder set. Both of them later remarried and moved on after their brief romance came to an end. But given that he is reportedly thinking about starring in a follow-up to the ‘NASCAR’ drama Days of Thunder, Cruise might be bringing the past back. Despite his ex-wife's attachment, it is rumoured that Cruise is thinking about bringing this film back because Mission Impossible appears to be coming to an end, according to a report by SheKnows.

In the growing world of decentralised finance (DeFi), the token Rexas Finance (RXS) is meant to be the main engine of the Rexas Finance platform, which aims to provide several solutions for the tokenisation of real-world assets. This allows businesses and people to tokenise the owned property, improve asset management, and facilitate access to funds without a conventional banking system. As the world of finance is constantly evolving with the advancement of blockchain technology, Rexas Finance has established its unique position by specialising in the tokenisation of assets. Asset tokenisation offers liquidity, synchronous transactions, and even better security, which are considered among the several factors that are attracting a lot of attention from institutional as well as retail investors, and the trend is only going to grow in the future. Presale stage four sells out earlier than predicted, hit

Senate, both by slim margins Republicans are well positioned to win the majority in the Senate on Tuesday's election but Democrats cannot be counted out entirely. Democrats face a tough fight in US election to preserve their narrow 51-49 majority in the Senate. Polls suggest the two parties could switch control of each chamber, with Democrats winning back the House and Republicans retaking the Senate, according to the BBC. ALSO READ: US elections: What if there's a tie between Donald Trump and Kamala Harris?

Subscribe to enjoy similar stories. Even as the world increasingly moves toward digitized commerce, where transactions are conducted with the tap of a credit card and billions of dollars are moved electronically between banks, there is one group of people for whom hard cash is still king: collectors. As an alternative asset class, collectible banknotes offer significant potential value to investors, and the market for these paper artifacts is thriving.

Republican candidate for U.S. Senate in Michigan Mike Rogers expresses confidence in Trump and congressional Republicans to win election majorities and details his priorities to protect Detroits auto industry.

Subscribe to enjoy similar stories. When the call came last month with an offer to become manager of Manchester United, Ruben Amorim wasn’t given much time to think it over. This was a once in a lifetime offer, he was told, from one of the most celebrated clubs in sports.

Subscribe to enjoy similar stories. In terms of recent stock-market frenzies, the Ozempic trade nearly tops the list, second only to speculation that artificial intelligence will soon be writing this column. Powerful weight-loss drugs like Wegovy and Zepbound have driven nearly $1 trillion in market-capitalization gains, with most of those gains flowing to Eli Lilly and Novo Nordisk, the dominant players in the obesity-drug market.

Franklin India Arbitrage Fund,an open-ended arbitrage fund. The new fund offer or NFO of the scheme is open for subscription and will close on November 18. The scheme will re-open for continuous sale and repurchase on November 21. The fund will aim to achieve capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of equity markets, as well as arbitrage opportunities within the derivative segment, with the remainder allocated to debt and money market instruments, according to a release by the fund house.

Subscribe to enjoy similar stories. BlackRock’s clients are pouring money into its core stock and bond offerings. To keep the momentum going, chief Larry Fink wants to push the world’s largest asset manager into the more lucrative world of private markets.

Canada's Brampton on Sunday has sparked off widespread outrage. The attack is part of a long campaign by Khalistanis to browbeat the Hindu community in Canada. It adds to a series of such incidents in recent years. Earlier, a Hindu temple in Windsor suffered defacement with anti-India graffiti. Earlier incidents in Mississauga and Brampton saw temples similarly targeted, drawing strong reactions from the Indian community in Canada. Last year in December, gunshots were fired at the residence of the son of Satish Kumar, the president of Lakshmi Narayan Mandir in Surrey. Khalistanis targeted a consular camp for senior citizens

«There are some global factors as well that what is the trajectory of China's stimulus, so that has been one of the key factors, which in the last year, when some of the FIIs might have thought about China also as an investment class. But after that, again, China has corrected as well,» says Shreyash Devalkar, Axis Mutual Fund. The Nifty is down more than 2000 points from its September highs. Do you expect more correction to come in or are the valuations now looking attractive? How are you reading into this fall in the markets? What could have been the reason? What could be the reason for the Nifty to consolidate at these levels? What are your views when it comes to the Indian markets? Shreyash Devalkar: So, yes, we have seen that Indian market correcting, especially in last month, multiple factors has started affecting it. First and foremost, obviously, the valuations we have observed has been high in India. And when we say high, it is in the context that in across sectors, it is at least almost 30% to 200% higher than pre-COVID level as far as valuations are concerned, barring probably private sector banks, everywhere else this was observed and so that is actually the one point which has led to this correction.

Unionized factory workers at Boeing are voting on Monday whether to accept a contract offer or to continue their strike

Subscribe to enjoy similar stories. Pollsters expect the US presidential election of 5 November to be unpredictable, almost tied, a reading that is well within the polling margin of error, both nationwide and in the country’s seven crucial swing states. However, what does a tied race really mean? Interestingly, Donald Trump addressed a rally in New York City’s Madison Square Garden around a week prior to the election.

«We will get to know in the next few days how it goes, that typically means higher yields and stronger dollar, which is against what the market had factored in. But the underlying reason is that our valuations were rich and earnings are not supporting it, that is causing and compounding the problem,» says Gurmeet Chadha, Complete Circle Consultants. There are geopolitical events, there are elections in US, US markets are holding on, Asian markets are holding on, but India is reacting to what could happen to American elections. So, why are we pre-empting and reacting to every event in the world? Gurmeet Chadha: It has been a combination of two-three factors. I agree it has largely been FII sell-off, I mean, probably a record number in October. Never personally seen every single trading session, FII selling and that has been compounded by two things. One, the earnings and the monthly updates we get on different sectors, including auto and high-frequency sectors, which indicate economic momentum, have been a little underwhelming.

US presidential election in memory.If elected, Harris would make history as the first female president in the United States 248-year history, as well as the first Black woman and person of South Asian descent, to hold the office. While Harris and her campaign have downplayed the focus on gender and race to avoid alienating potential supporters, the historical significance of her win would be profound.Republican Trump is confident of a “landslide" victory as he seeks a dramatic return to the White House, while Democrat Harris claims that "momentum" is on her side in her bid to become America's first female president.On the other hand, a Trump victory would mark a different kind of historical milestone.