Wellness Financial News

The world is falling well short of a promise signed at global climate talks last year to triple the amount of wind power, according to research by an energy think tank released Thursday

Samsung is recalling more than 1.12 million electric ranges used for stovetops after reports of 250 fires and dozens of injuries

A U.S. jury has convicted former Mozambican Finance Minister Manuel Chang in a bribe conspiracy case that welled up from from his country’s “tuna bond” scandal

Eli Lilly blew past second-quarter expectations with the diabetes treatment Mounjaro and its weight loss counterpart Zepbound funneling more than $4 billion in sales to the drugmaker

Legal experts say a lawsuit stemming from the Titan submersible disaster felt inevitable, but winning a big judgment against the owner of the vessel could be very difficult

One year after the Maui fires, thousands of residents struggle with grieving the losses of loved ones and generational homes

'Rich Dad, Poor Dad' has predicted a very grim economic future for California. Taking to X, Robert Kiyosaki has warned that California faces a dire fiscal situation, it may go broke.

Yulu Bikes is looking to raise upwards of $100 million in a Series C round to expand operations over the next couple of years. Yulu, which has a strategic partnership to develop electric vehicles with Bajaj Auto, is looking at more than doubling the fleet of electric two-wheelers it deploys for passenger as well as cargo movement to 80,000 by the end of this fiscal year. The money will also be used to launch new products, extend reach and develop technology, Amit Gupta, cofounder and CEO of Bengaluru-headquartered Yulu Bikes, told ET. Yulu has raised over $123 million in equity capital — which includes $52 million for Yuma (a joint venture between Yulu Bikes and Magna International) — from investors including Bajaj Auto, Magna International, Blume Ventures, 3one4 capital, Wavemaker, Incubate Fund, Rocketship.vc, and other institutional and angel investors. Yulu has also secured $12 million in debt financing from the US International Development Finance Corporation and Northern Arc. Bajaj Auto had an 18.8% stake in Yulu Bikes as of February 2024.

After a successful 30-plus year career, wealth management veteran and former Vanguard consultant Don Bennyhoff, who co-created Vanguard Advisor’s Alpha, is turning over a new leaf post-retirement.

Crypto learning platform 99Bitcoins ($99BTC) launched its native token, $99BTC, on Uniswap on Thursday.

R Ashoka (BJP) on Thursday accused the ruling Congress of trying to intimidate anti-corruption activist TJ Abraham for approaching the Governor seeking permission for prosecution of Chief Minister Siddaramaiah in the site allotment case. It is a «classic case of witch-hunt against the whistle-blower,» Ashoka, who is part of the BJP leaders undertaking a padayatra against the Congress regime, posted on X. The BJP leader sought to know from AICC leader Rahul Gandhi if the «the Constitution you keep flashing everywhere allow such high handedness against those who raise their voices against the wrongdoings of the Govt? The self-proclaimed Champions of free speech and those who speak about intolerance are now using police to muzzle the voice of private citizens.» What the Congress government is doing in Karnataka is a classic example of misuse of agencies to undermine democracy and the Constitution, he said.

₹1,499 and goes up to ₹39,999 (quite steep as an offering from fast-fashion but accessible if you consider that Khanna’s couture garments are usually worth lakhs)—but also showcases a relaxed design vocabulary for India. At the same time, it doesn’t compromise on colour and craft, unlike the 2021 H&M x Sabyasachi collection—the first Indian designer collaboration—that was largely restricted to chintz overkill and often-repeated silhouettes. Khanna has used a little chikankari on an oversized jacket that you can wear from an office meeting to a party; kantha on a long shirt that’s perfect for a Sunday brunch; an elephant-eye print on a shirt-like jacket and lungi skirt that would work at an evening party; and hand-embroidered patchwork on a coat that will make heads turn.

The recent amendment to the Finance Bill, which offers the choice of a 20% LTCG tax with indexation or a 12.5% tax without indexation forproperty deals before 23 July, is a welcome change. 

Mark Mobius, Mobius Emerging Opportunities Fund, says at the end of the day, it is not foreign investors who drive the Indian market, it is domestic investors. RBI recently said that they want the banks to attract more deposits and probably one of the reasons for this is that there are too many retail investors going into the market and gambling and it might be a good idea for them to keep some money in the banks rather than stocks, but that is just a very short term kind of view. Mobius says as long as S&P 500 continues to move up with corrections along the way, we will see a very good bull market in most countries around the world, particularly India. After Vodafone, have you added any other stock to your India portfolio? Mark Mobius: Yes, but I cannot tell you what it is because we are still adding. But yes, we have added. Because as I say, we are still sitting on more cash.

Left Front rule in Bengal had just got over at the Netaji Indoor Stadium in Kolkata. It was sometime in June 2007. CPI(M) patriarch Jyoti Basu, well into his 90s, had long delivered his speech but showed no signs of departing the dais although supporters had already started leaving the tightly packed venue. That wasn't usual, given the grand old man's failing health and his limited public appearances. Shortly afterwards, the stalwart was seen engrossed in an animated discussion with then chief minister Buddhadeb Bhattacharjee, his frown apparent even from a distance. Biman Bose, then Left Front chairman and secretary of the party's state unit, soon joined what looked more like a debate than a conversation. Again extremely unusual, given a deadpan Basu's demeanour in public rarely bordered on the jittery and the party hardly ever exhibited its differences outside the closed doors of its Alimuddin Street headquarters.

«On the NBFC side, we are more positive on, I would say, non-consumer NBFCs which are more catered towards CV cycle or power sector and we are also diversifying within financials towards non-lenders like insurance, this is one sector where we think this is ripe for some kind of outperformance over the next two to three years,» says Ashutosh Bhargava, Nippon India Mutual Fund. A quick view on the way policy pared out today. There was expectation that there would be some stance change at least, that did not happen, forget about the rates but it appeared that the governor was very steadfast on controlling inflation and some commentary again on top-up loans and deposits continues to remain an issue. What were your key observations from the policy commentary today? Ashutosh Bhargava: So, going into this policy, it is not that there was a consensus of a rate cut, but there was definitely an expectation of some change in stance towards more neutral, but that has not happened. It seems that the RBI is very focused on this 4% inflation target and overlooking already below 4% core inflation.

What are vehicle insurance policy papers and what information is in them? As proof of you holding a valid vehicle insurance policy, the insurance company provides you with a policy document. This paper contains a lot of important information. You will find insurance company details, the date when the policy was purchased, the date from which the policy validity begins, and the date until which the policy remains in force. The car insurance policy paper also has vehicle-specific information like the car registration number, engine and chassis number, vehicle make and model details, etc.

OnePlus' existing schedule of periodic system upgrades and security patches. The updates will be rolled out to supported devices, ensuring that users receive the latest advancements as soon as they are ready.

REC Ltd. traded 0.37 per cent higher in Thursday's session at 11:41AM (IST). The stock opened at Rs 589.35 and has touched an intraday high and low of Rs 593.0 and Rs 582.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 653.9 and a 52-week low of 208.05. About 190,279 shares changed hands on the counter so far.

Brigade Enterprises Ltd, and Phoenix Mills Ltd have performed exceptionally well, even through the pandemic. Will real estate stocks still outperform as the broader market continues to rise? To answer this, let us analyse the Nifty Realty/Nifty 500 ratio chart. Given that most constituents of the Nifty Realty index are mid-cap and small-cap stocks, the Nifty 500 is an appropriate benchmark.

Dipan Mehta, Director,Elixir Equities, says he is in a wait-and-watch mode, sitting on a little with a bit of cash expecting a correction as are so many other professional investors. We do not know whether this particular correction is over and done with or that it can deepen further because so long as the market does not create a fresh new high, the risk always remains that this correction can particularly deepen. Once again, it has proved to be a very short-lived correction in the market after the Monday meltdown. Now we are practically back to where we left off. How have you dealt with the past two days? Dipan Mehta: Nothing, just stay put. We have seen such down days being immediately backed by ferocious buying as we have seen today. But let us see. We are in a wait-and-watch mode, sitting on a little with a bit of cash expecting a correction as are so many other professional investors. We do not know whether this particular correction is over and done with or that it can deepen further because so long as the market does not create a fresh new high, the risk always remains that this correction can particularly deepen.