Wellness Financial News

gold prices. An analysis by rating agency Crisil showed that gold loans grew more than 20% in June over May 2024. Most banks and NBFC have maintained an LTV (loan-to-value) ratio of 60-65% despite regulatory requirements of 75% which gave them a cushion when gold prices fell after the import duty was lowered in the budget.

New-age stocks have made a strong comeback of late driven by robust revenue growth and improved profitability through reduced spending. Increased allocations by overseas funds and strong demand for recent public issues have further fuelled the rally. Analysts believe these stocks could continue to perform well so long as they sustain their growth momentum. The ET E-commerce Index, comprising 13 new-age companies, has surged 45% in the past six months, outperforming the 12% gain in the Nifty Index and the 8% rise in the Nifty IT Index.

(This story originally appeared in on Aug 16, 2024)

₹1,00,000 during the ongoing sale offers. MacBook Air M3 with 8GB RAM/256GB SSD is listed at a price of ₹1,03, 490 on Vijay Sales, a ₹11,410 discount from its launch just a few months ago. However, ICICI and SBI Bank credit card holders can get the Apple laptop at an effective price of ₹93,490 by availing a ₹10,000 instant discount.

Here's a list of small finance banks offering up to 9.5% on senior citizen FDs for amounts above Rs 3 crore. (Senior citizens are those aged 60 and above).

A new player has entered the crypto scene. This new addition, Doge2014, is a new meme coin that honours the 10th anniversary of Dogecoin.

JP Nadda, chaired the BJP's General Secretary meeting at his residence in Delhi, following the announcement of election dates in Jammu and Kashmir and Haryana by the Election Commission of India on Friday. The meeting was attended by the BJP's national general secretaries to discuss the effective functioning of the NDA alliance. The meeting also saw the presence of national general secretaries of the NDA. Earlier, JP Nadda attended a meeting with the Jammu and Kashmir Bharatiya Janata Party, along with Union Minister and J-K Election Incharge G Kishan Reddy and Tarun Chugh, National General Secretary and J-K Prabhari, to constitute an election committee for the Union Territory of Jammu and Kashmir for the upcoming assembly elections.

Barcelona but was left anxious and tense after it came to be known on Wednesday night, that his father, Mounir Nasraoui, had become a victim of stabbing. Yamal's father was rushed to the hospital immediately following the incident, where he had to undergo treatment in the serious care unit, and reportedly, is out of danger.

Arsenal and Manchester City are favourites to lift Premier League which begins this weekend. Manchester United, Liverpool, Chelsea may well be in the top four of the marathon soccer tournament. Fulham could be the surprise package this season, as per football experts. Premier League’s all-time top-scorer and a legend of English football, Alan Shearer believes that the PL title race will be very interesting to see this summer and that if Arsenal were to sign a top striker then he ‘would back them to go on and win the league’. Also Read: Spider-Noir Spinoff: Lamorne Morris reveals what to expect from the series

India Inc isn't hiring as much as it used to. The pace of growth in net white collar employment has almost halved in 2023-24 from five years back. An ET study of the Sensex companies-30 in total-showed such jobs grew 4.4% YoY in FY24 compared to 8.4% in FY19. This includes permanent jobs as well as those on long- and fixed-term contracts, and third-party rolls, data collated from the annual reports showed. HR analysts pointed to the stress in tech and consumer sectors as reasons for the slowdown while India Inc executives see the slower growth affecting consumption recovery.

As major cryptos stage a comeback on Friday, but remain locked within recent intra-week ranges, traders are instead turning to on-chain micro-cap meme coin markets as they hunt for top crypto gainers today.

Sharad Pawar's NCP, Uddhav Thackeray on Friday said that he would not accept the formula of the biggest party in the Maha Vikas Aghadi getting the chief minister's post after the assembly polls. Thackeray said that the Congress and the NCP-SP should declare a chief ministerial candidate before the assembly polls and that he is ready to support any candidate declared by the two parties. «I don't want this experience that we had with the BJP to be recreated again. We were together for 25-30 years and we had an arrangement that the party with the most seats would get the CM post. So, by this logic if you get more seats, you will become CM… so I will pull you down (ensure that the ally does not win) and the other party will pull me down. Then what is the purpose of an alliance,» said Thackeray.

Election Commission of India (EC) announcing assembly election dates for Haryana and Jammu & Kashmir on Friday, the opposition has raised questions about Prime Minister Narendra Modi's push for «one nation, one election.» The EC's decision to conduct elections only in these two states this year, while excluding Maharashtra, comes just a day after Modi's strong endorsement of the concept during his Independence Day address. The EC announced that Haryana will vote in a single phase on October 1, while Jammu & Kashmir will undergo a three-phase election process on September 19, September 25, and October 1, with counting scheduled for October 4. Chief Election Commissioner Rajiv Kumar explained the rationale behind the decision, stating that logistical and security concerns influenced the EC's approach. «Last time, Maharashtra and Haryana elections were held together. This time, with four states due for elections and heavy rainfall in Maharashtra, as well as several festivals lined up, we decided to conduct elections in two states together,» Kumar said. He added that the additional factors of security force requirements also played a role in the decision.

Nemo Sum ($NEMO) is the newest meme token to hit the Ethereum chain, giving way to sweeping changes that are expected to underline decentralized finance (DeFi) in an unapologetically bold fashion. With the legendary team behind it that has introduced you to Shiba Inu, Nemo Sum becomes much more than just another Meme Token. It’s a movement; it’s a revolution ready to storm the crypto market. If you were too late for Shiba Inu’s meteoric rise, then Nemo Sum might just be your opportunity to tame the next storm in this bottle.

Jammu and Kashmir is set to hold its shortest three-phase assembly elections in September, and the Election Commission of India has decided to begin the elections in challenging areas of southern Kashmir and Chenab Valley across the Pir Panjal mountains, which have recently seen incidents of violence. The assembly elections in Jammu and Kashmir will be held after nearly a decade--the longest interval in modern history--and the first since the repeal of Articles 370 and 35 (A) and the completion of the delimitation exercise in 2022, during which both parliament and assembly elections were redrawn. The ECI has combined the districts from both Kashmir and Jammu divisions to ensure that each and every candidate receives the security demanded by the political parties. The first round of the assembly elections is set for September 18 in 23 constituencies in southern Kashmir, including Pulwama, Anantnag, Shopian, and Kulgam, as well as Ramban, Kishtwar, and Doda in Jammu's Chenab Valley. These locations have seen recent insurgent events, and counter-insurgency operations have been ongoing for some weeks. The police and army have established the presence of foreign militants in Doda, Kishtwar, Anantnag, and Kulgam.

Haryana after polls were announced for the state. The party relies on Nayab Saini as chief minister and core voters. To get support from the most backward, BJP replaced two-term CM Manohar Lal with Nayab Saini in March. «The change of leadership augurs well for the BJP. Saini has been accepted as a leader by all the communities. His approach towards governance and easy access has made him very popular and we are definitely going to benefit from this in the assembly elections,» Satish Poonia, BJP in-charge of Haryana, told ET. In 2019, with 40 seats, the BJP fell short of the majority level of 45 in the 90-member assembly and established a coalition government with the Jananayak Janata Party (JJP). Congress won 30 seats in 2019.

Massachusetts Gov. Maura Healey has announced Friday that deals have been reached in principle to transition operations at four hospitals operated by Steward Health Care to new operators

India, princes and princesses used to eat sumptuous food, dress well and travel extensively. One day, however, a prince thought, 'Why do humans suffer from so much pain and affliction? What is the cause of this suffering? What is the reason behind it? I will have to go deep into the matter to find out why. I will have to step down from the throne to make a thorough investigation.' This exception to the rule occurred in a prince's mind and led to the birth of Buddhism. There was a great scholar who had a sudden realisation that mere pedantry would not lead to the cessation of misery; it would not bring any lasting joy or happiness, so he gave up his worldly life and started wandering through the streets. This led to the birth of Gaudiya Vaishnavism. We must also become exceptional. Those who are treading a new path, who are constructing something new, understand that being an exception is as valuable to them as their very lives. Those who lead licentious lives get involved in brawls and fights, but exceptional people do not want to live such a life.

NewEdge Wealth has planted another stake in the Sunshine State as it welcomes a breakaway team of advisors from Merrill Lynch.

Most banks and NBFC have maintained an LTV ratio of 60-65% despite regulatory requirement of 75% which gave them a cushion when gold prices fell after the import duty was lowered in the budget. “Early evidence of growth momentum is seen in the disbursements for June 2024, which were 12% higher than the average monthly disbursements in the preceding quarter,” said Ajit Velonie, Senior Director, Crisil Ratings.

Kashmiri migrants introduced during the recent Lok Sabha polls will be in place for the Jammu and Kashmir Assembly polls as well, Chief Election Commissioner (CEC) Rajiv Kumar said on Friday. He also lauded the democratic spirit of the people of Jammu and Kashmir. Talking about the special arrangements made for the Kashmiri migrants during the Lok Sabha polls, Kumar said those relaxations will continue. «You may also remember that for Kashmiri migrants, special arrangements were made. We simplified the process, we relaxed Form M and there were some cumbersome processes that required authorisation, which were converted to self-attestation,» the CEC said at a press conference to announce the Jammu and Kashmir Assembly election.