Wellness Financial News

traffic disruptions. The Meteorological Department has issued an orange alert for the next 24 hours, advising residents to «be prepared» for severe weather. This alert warns of possible disruptions in transport, including rail, road, and air travel, as well as potential power outages. The meteorological department forecasts light to heavy rain continuing in Delhi, with cloudy skies expected on Friday. The maximum temperature will be around 31°C, and the minimum will hover around 21°C. Winds are expected to blow at 25 to 35 km/h. While the rainfall will continue, it is expected to get lighter by the weekend. No rain is forecast from September 15-17, with only light rain expected on September 18.

Starting this month, the level of discounts has risen to 12-14% of the average selling price (ASP) of a vehicle from 10-12% in August. For some models, total discounts offered are well over ₹3 lakh which include cash discounts and corporate benefits. In just one month, utility vehicle maker Mahindra & Mahindra has increased the discount on its Scorpio Classic SUV model to ₹100,000 from ₹20,271 in August. The absolute benefit may vary in each city depending on the stock and demand scenario, according to dealers. M&M has also made buying the three-door Thar SUV model more attractive by sharply boosting the consumer benefit to ₹150,000 this month from ₹20,000.

Lenskart bagged top honours at the 10th edition of India’s most prestigious awards for entrepreneurship — The Economic Times Startup Awards (ETSA). A high-powered jury led by Infosys cofounder and chairman Nandan Nilekani picked the Gurgaon-based company as the Startup of the Year at a meeting in Bengaluru on Wednesday. The award recognised Lenskart’s success in building a fast-growing, large-scale, omnichannel consumer retail venture while creating an entirely new category, the jury noted. The 10-member jury chose eight winners from a shortlist of 41 contenders after deliberating for over 2.5 hours.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

JP Morgan chief Jamie Dimon, if the US economy heads towards a stagflation. There is a lot of hope of an economic recovery towards the end of the year, after the US markets having facing a downslide over the past few weeks due to various market forces in play, and a fear of an impending recession among US investors.

US elections 2024 has been a topsy-turvy ride for both the Presidential candidates, Donald Trump and Kamala Harris, and even thought the latter joined the poll race a little later, she is also feeling the complete heat of the contest. With just two months to go for the US Presidential Elections 2024, things are still looking very dicey, with predictions of a win spread equivalently on both sides of the camps.

US Presidential Elections 2024 is currently off the charts and the fact about who the favorite in this election race is, is still unknown, creating severe doubts in the hearts and minds of US investors. Legend has it that the stock markets in the United States hate uncertainty, and a similar condition is being observed in this election season as well, where the slightest development around the US election 2024 is changing the curves of the US markets.

recession in the United States, and the Federal Reserve is trying their best to halt it for as long as possible. Reports suggest that they have gone to the extent of planning an interest rate cut of 50 basis points for stopping the impending recession in its tracks. However, there are multiple other market factors in play, which could bring in a recession or an economic downturn, and the upcoming US elections 2024 could also be one of them.

Several leading artificial intelligence companies pledged Thursday to remove nude images from the data sources they use to train their AI products, and committed to other safeguards to curb the spread of harmful sexual deepfake imagery

Kamala Harris has now been accused of donning James Bond-style gear during her latest appearance at the US Presidential Debate 2024, where she was simply outstanding in an open debate against her Republican adversary Donald Trump. It must be interesting to note that she gave Trump the taste of the same medicine that Joe Biden received during his Presidential Debate against Trump.

The Commodity Futures Trading Commission (CFTC) announced two new partnerships on September 11 aimed at combating pig butchering scams across the United States.

RBI Deputy Governor M Rajeshwar Rao on Thursday asked the National Bank for Financing Infrastructure and Development (NaBFID) to develop a sustainable business model not dependent on government support. Speaking at a NaBFID event here, Rao said such a self-sustainable model has to evolve over the medium term, which also doesn't depend on regulatory dispensations as well. «It is also necessary that over the medium-term, plans for self-sustainable operations, under a business model that is not reliant on continuous government support, or regulatory dispensations would need to be in place,» Rao said, addressing a conference on infrastructure. He added that the dynamic nature of our times necessitates «agile strategies for institutions with a focus on sectors prioritised by the government».

General Motors and Hyundai will explore a potential collaboration to develop vehicles, improve supply chains and advance clean-energy technology

United States will host a meeting of the Quad on September 21, according to a release from the White House. US President Joe Biden will host the fourth in-person meet of the group — consiting of India, Australia and Japan — in Wilmington, Delaware. «The President looks forward to welcoming Prime Minister Anthony Albanese of Australia, Prime Minister Narendra Modi of India, and Prime Minister Kishida Fumio of Japan,» the White House release said. The September meet will be the final Quad meeting for the American President as well as Japan's Kishida, who are due to step down soon.

Thailand’s new Prime Minister Paetongtarn Shinawatra, the daughter of former Prime Minister Thaksin Shinawatra, vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic woes

Two private power companies in Puerto Rico have come under scrutiny while presenting plans to stabilize the island's crumbling electric grid as officials demanded immediate action to minimize chronic power outages

US Pacific Air Forces (PACAF), said on Thursday that the United States is ready to offer F-16 fighter jets to India. Speaking with reporters on India's defence sector and F-16 Fighting Falcon fighter jets, Major General Piffarerio said, "...The more options that are out there, I think the stronger the Indian Air Force is going to be in the future." He added, «We certainly want to give them the best that we have — the F-16s. But ultimately it's going to be a choice for the Indian Air Force on what they want to do with their air defence.»

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates

Markets regulator Sebi on Thursday ordered the attachment of bank accounts as well as shares and mutual fund holdings of Karvy Stock Broking and its CMD C Parthasarathy to recover dues of around Rs 25 crore. Before this, the regulator on August 7 sent a notice to Karvy and Parthasarathy asking them to pay dues within 15 days in a case pertaining to misappropriation of clients' funds by misusing the Power of Attorney (PoA). The notice came after the entities failed to pay the fine imposed on them by Sebi.