Wellness Financial News
20.08 / 13:19
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Gold rallies Rs 1,400 to Rs 74,150 per 10 grams; silver jumps Rs 3,150
Gold prices saw the sharpest gain in the past one month and rallied by Rs 1,400 to touch Rs 74,150 per 10 grams in the local market on Tuesday, amid strong global cues. The precious metal had closed at Rs 72,750 per 10 grams in the previous session on Friday. Silver price also climbed by Rs 3,150 to Rs 87,150 per kilogram from Rs 84,000 per kg in the previous close.
20.08 / 12:32
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Manufacturing
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reports
Thirteen years after the breakup, Honda overtakes former partner to become the new Hero
Hero MotoCorp has fallen to the second position behind Honda Motorcycle & Scooter India (HMSI) based on wholesale dispatch data. According to figures from the Society of Indian Automobile Manufacturers (Siam), Honda has surpassed Hero MotoCorp in the April-July period, with 18.53 lakh units compared to Hero's 18.31 lakh units. This represents a difference of approximately 21,653 units, which grows to over 1.3 lakh units when including exports. Both companies declined to comment when approached, a TOI report stated. In January 2011, Hero MotoCorp and Honda Motors (Japan) decided to split after 26 year of partnership.
20.08 / 12:31
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Strategy
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2020
reports
ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISIL
NPAs) from both corporate as well as private sector and increased competition from the government backed National Asset Reconstruction Co Ltd (NARCL) will lead to fall in assets reconstruction companies' (ARCs) AUM this fiscal, a report by Crisil Ratings said. Assets under management (AUM) of ARCs, as measured by security receipts (SRs) outstanding, is expected to fall by 7% to 10% this fiscal as acquisitions will trend lower, while redemptions, which have strengthened in recent years, are likely to remain healthy. SRs are issued by ARCs while buying NPAs from banks and NBFCs. These are redeemed when the ARC manages to recover from the defaulter. CRISIL estimates private ARC AUM at Rs 1.2-1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal. ARC AUM has risen consistently from Rs 1.08 lakh crore in fiscal 2020 to Rs 1.35 lakh crore in March 2024, Crisil data shows.
20.08 / 12:02
wellness
Celebrity
beautiful
classical
dance
Features
Best Biba Dresses for Women with Unparalleled Grace and Style
Whether you're attending a formal event, celebrating a festival, or simply indulging in everyday glamour, BIBA’s collection promises both style and comfort. In this article, we’ll explore some of the best BIBA dresses for women, highlighting their unique features and how they can elevate your wardrobe with timeless sophistication.
20.08 / 12:00
markets
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Enterprise
Food
Gillette
wellness
Updates
Stock market update: FMCG stocks down as market rises
Tasty Bite Eatables Ltd.(up 9.91%), Zydus Wellness Ltd.(up 4.42%), Dangee Dums Ltd.(up 4.03%), JHS Svendgaard Laboratories Ltd.(up 3.84%), ADF Foods Ltd.(up 2.67%), Prataap Snacks Ltd.(up 2.08%), Euro India Fresh Foods Ltd.(up 1.84%), Jyothy Labs Ltd.(up 1.42%), Gillette India Ltd.(up 1.34%) and Patanjali Foods Ltd.(up 1.16%) stood among the top gainers.
20.08 / 11:59
Target
FIVE
Food
Research
wellness
band
Abandoning RBI's inflation target regime could be risky, counterproductive: Research paper
RBI's) inflation targeting regime has worked well and need not be abandoned in favour of a more discretionary regime that could be risky and counterproductive, a new research paper has said. The paper titled 'Inflation Targeting In India: A Further Assessment' said the weight of food-price inflation in the CPI inflation basket should be reduced to better reflect the circumstances of Indian households. «The RBI's inflation targeting regime has worked well. Given this record, radical changes such as broadening its mandate or abandoning the target in favour of a more discretionary regime would be risky and counterproductive,» it said. The paper is authored by economists Barry Eichengreen (University of California, Berkeley) and Poonam Gupta (NCAER).
20.08 / 10:35
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UPS
Target
security
wellness
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recommendations
2 top stock recommendations from Vinay Rajani
«The next resistance for the Bank Nifty is at 51,900 to 52,000. So, I feel that market should do well. Bank Nifty should lead from here and at least I am expecting 1000-point rally in next three to four sessions in the Bank Nifty,» says Vinay Rajani, HDFC Securities. Firstly, if you look at the markets, it is 140 points up today, 24,700. We have also claimed the 2nd August highs that we had seen. So, how are you looking at the Nifty trajectory from here on? Vinay Rajani: So, basically, for the last four trading sessions Nifty has been rising and the all-time high for the Nifty was placed at 25,078, which was registered on 1st August and from that level we witnessed a correction and that correction went up to 23,900 odd level. If we were to take the 61.8%, which is the Fibonacci retracement level, Nifty has managed to close, it has surpassed that level, 24,625 was the level precisely, that retracement level that has been taken out. We have also taken out the crucial gap resistance, which was there around 24,686. So, now it is trading above that.
20.08 / 10:05
Digital
Cooper
Extreme
wellness
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Freedom
International
India, Malaysia elevate ties to comprehensive strategic partnership
India and Malaysia on Tuesday decided to elevate their ties to the level of comprehensive strategic partnership following talks between Prime Minister Narendra Modi and his Malaysian counterpart Anwar Ibrahim. The two sides inked a number of pacts, including one on employment and repatriation of workers and another on boosting cooperation in the area of digital technologies. Ibrahim began his three-day visit to India on Monday night. It is his first visit to India as prime minister. The larger focus of the Modi-Ibrahim talks was to expand trade and investment and explore cooperation in new and emerging areas.
20.08 / 08:12
UPS
WhatsApp
wellness
trends
Trade
reports
Ambuja Cements shares drop 0.77% as Sensex rises
Ambuja Cements Ltd. traded 0.77 per cent lower in Tuesday's session at 12:48PM (IST). The stock opened at Rs 634.4 and has touched an intraday high and low of Rs 638.55 and Rs 625.5, respectively, during the session so far. The stock quoted a 52-week high of Rs 706.85 and a 52-week low of 404.0. About 28,008 shares changed hands on the counter so far.
20.08 / 04:15
20.08 / 00:18
Provident
MET
Discover
wellness
love
country
reports
Discover the UK's first beer spa: A blissful Ale bath experience at The Norfolk Mead Hotel
beer spa opened in the UK, providing beer lovers with a unique way to relax. This creative spa, housed at The Norfolk Mead Hotel close to Norwich, lets visitors consume pints in the jacuzzi and have an ale bath. The idea is an unusual addition to the wellness sector since it blends love of beer with relaxation, as per the reports of The Sun.co.uk.
19.08 / 21:51
Citi
wellness
Trade
Xbox
show
reports
Videos
Call of Duty Modern Warfare 3 Warzone season 5 reloaded release date: Download time, pre-downloads, battlepass, system requirements
Call of Duty Modern Warfare 3 Warzone season 5 reloaded is set to be released this week. Call of Duty Modern Warfare 3 Warzone season 5 reloaded release date, time, battle pass, multiplayer modes, new map details have emerged. Call of Duty Modern Warfare 3 Warzone season 5 reloaded will be released on August 21 at 12 pm (ET)/ 9 am (PT). The video game will be available on PlayStation 5, Xbox Series X/S, and PC. One can opt for pre-downloads via console and Battle Net well before the launch. Call of Duty Modern Warfare 3 Warzone season 5 reloaded will have three modes — Paintball, Fishfection, and Defuse or Destroy for multiplayer modes.
19.08 / 21:34
19.08 / 20:43
19.08 / 19:47
Progressive
wellness
hospital
reports
Courts
Colleges
Investigations
Kolkata doctor's rape-murder: Trinamool Congress urges CBI to expedite probe
Trinamool Congress on Monday demanded that the CBI expedite its probe into the alleged rape and murder of a woman doctor at the state-run RG Kar Medical College and Hospital in Kolkata. Senior Trinamool Congress leader Kunal Ghosh told reporters that although the investigation by Kolkata Police was progressing well until the probe was transferred to the CBI by the Calcutta High Court on August 13, it is now the responsibility of the central agency to achieve an early breakthrough. He underscored that the Trinamool Congress is resolutely demanding death penalty for the culprits and is calling for an immediate resolution to the case.
19.08 / 18:46
markets
Blockchain
Digital
wellness
Bitcoin
country
Search Engine Yandex Bans Crypto Ads in Russia
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
19.08 / 18:35
wellness
consequences
Courts
International
athletics
wrestling
Vinesh Phogat CAS Verdict: Court calls failed 2nd day weigh-in consequence 'draconian'. Check key highlights
CAS) rejected wrestler Vinesh Phogat's appeal against her disqualification, emphasizing that it is an athlete's responsibility to stay within the weight limit, and no exceptions can be made on that basis, it said in its full verdict. However, CAS acknowledged the «draconian» consequences of failing the weigh-in on the second day. Vinesh was disqualified from the Paris Olympics after being found overweight by 100g on August 8, just before competing in the gold medal bout in the women's 50kg category.
19.08 / 17:09
Provident
Citizens
Election
community
wellness
Bill
reports
Will quit politics if CM says I am hindering Maratha quota process: Devendra Fadnavis in swipe at Manoj Jarange
Fadnavis on Monday said he would quit politics if CM Eknath Shinde asserted that he was hindering the Maratha quota process, referring to allegations by activist Manoj Jarange. Stressing that government decisions are taken collectively, Shinde defended Fadnavis and called Jarange's allegations against him baseless. Jarange is a strident critic of the senior BJP leader and has routinely accused him of being the main obstacle in the Maratha community's quest for reservation in government jobs and education. Stating that he knew Jarange has «special affection» for him, Fadnavis said at a press briefing, «Should CM Eknath Shinde assert that my presence poses a hindrance to reaching a decision concerning the Maratha quota, I shall tender my resignation and withdraw from politics.»
19.08 / 16:18
UPS
Fox
Platform
Election
wellness
reports
Most awaited speech by Michelle Obama at the DNC 2024; here's when and where to watch live
Democratic National Convention (DNC 2024) will be one of the perfect opportunities for Michelle Obama to demonstrate her political value to the Democrats as well as the entire nation, through her address that is scheduled for the second day of the event.
19.08 / 16:15
markets
UPS
economy
wellness
shooting
gatherings
Headlines
Private sector investments to get get a boost on pickup in rural demand: RBI
rural demand driven by improved monsoon prospects along with a rise in urban demand is expected to encourage investments by the private sector that could accelerate overall economic growth. There are some lead indications already of new capacity creation in a few industries and a pick-up in investment intentions, said an assessment of the state of the economy by the Reserve Bank of India economists published in its latest monthly bulletin. Aggregate demand conditions are gathering momentum after some slack in the first quarter of 2024-25. The central bank has projected an economic growth of 7.2 percent in 2024-25. " Rural consumption spending on the back of growing incomes is beginning to drive volume growth in fast moving consumer goods (FMCG), reflecting strengthening fundamentals." said a study by RBI deputy governor Michael Patra and his team published in the Bulletin. The views are those of the authors and not of the central bank.
19.08 / 15:25
wellness
innovations
reports
Department
NCLT approves merger of Slice and North East Small Finance Bank
NCLT) gave its approval for the merger of Bengaluru-based Slice with Guwahati-headquartered North East Small Finance Bank. This will pave the way for the final merger of the two entities, after the Reserve Bank of India (RBI)gave the green signal to the deal back in October 2023. The NCLT, Guwahati bench, has sanctioned the scheme of arrangement and amalgamation involving Garagepreneurs Internet Private Limited, Quadrillion Finance Private Limited, Intergalactory Foundry Private Limited, RGVN (North East) Microfinance Limited, and North East Small Finance Bank Limited, said the Tiger Global-backed startup in a statement issued on Monday. While Garagepreneurs is the registered name for Slice, Quadrillion Finance is the in-house non-banking finance company (NBFC) that Slice ran. RGVN (North East) Microfinance Limited is the microfinance business housed within North East Small Finance Bank.
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