Wellness Financial News

consolidation in the edtech sector, Housing.com cofounder Advitiya Sharma's startup Genius Teacher has been acquired by Schoolnet – an edtech firm that provides digital classroom services to government schools. Multiple deals in the space have closed over the last six to eight months including Google-backed edtech startup Adda247 acquiring testprep player Ekagrata Eduserv, Allen Career Institute buying Peak XV-backed Doubtnut and mid-tier IT services firm Happiest Minds acquiring Macmillan Learning India.

China is known for its mega hydroelectric plants and giant thermal power projects not only on its land but in many other countries as well, it has set a record by switching on the world's largest solar plant, which has more than five million panels. According to the TCD, the government-controlled China Green Electricity Investment of Tianjin has switched on the 3.5 GW Midong PV farm in Urumqi, Xinjiang region. It is a subsidiary of China Green Development Group (CGDG). China Construction Eighth Engineering Division Corp and Power Construction Corporation of China (PowerChina) invested a massive amount of CNY 15.45 billion in this project. Also Read: Bando Stone & The New World: Here’s all we know about release date, trailer, plot and more

Joe Biden on Tuesday acknowledged his performance during last Thursday's presidential debate wasn't his best, but blamed it on jet lag after two overseas trips earlier in June. Biden has faced mounting questions about his 2024 reelection bid after last week's shaky debate performance, with one House of Representatives fellow Democrat on Tuesday publicly calling on him to withdraw from the race. Speaking at a campaign event in McLean, Virginia, on Tuesday evening, Biden admitted the debate against former President Donald Trump, his Republican rival, did not go well.

Gold slipped after the biggest weekly advance in three months, with central-bank purchasing patterns in focus.

In a trading update for the third quarter published today (12 July), the AIM-listed asset manager reported that AUM fell by 0.9%, from £10.7bn at the start of April to £10.6bn, as market gains of £39m failed to offset net outflows of £139m. Investors withdrew £100m from multi-asset funds and £77m from equities, while £79m flowed into fixed income strategies and investment trusts remained flat. These outflows were slower than the £268m reported last quarter. «It is pleasing to note that we have seen continued demand for our fixed income funds as well as a more recent improvement in the...

Pakistan has reached an agreement for a new $7 billion loan deal with the International Monetary Fund

Reasons to buyReasons to avoidThe Samsung Convection Microwave MC28A6035QS features a 28-liter capacity and a ceramic enamel cavity for easy cleaning and durability. It comes with a slim fry technology for healthier frying options and a fermentation function for preparing homemade curd.

Hero MotoCorp, Bajaj said he would stop making scooters altogether. It was a tectonic shift for a company that built its name riding on scooters. At its peak, the company sold nearly a million scooters every year in the mid-1990s.

EPF members who are retiring are already getting interest along with their PF settlements. When will EPF interest be credited for FY 2023-24?Here’s what EPFO has said, 4 ways to check PF balance

Adani Power Ltd. traded 1.88 per cent lower in Monday's session at 01:44PM (IST). The stock opened at Rs 707.15 and has touched an intraday high and low of Rs 712.0 and Rs 693.05, respectively, during the session so far. The stock quoted a 52-week high of Rs 896.75 and a 52-week low of 235.7. About 194,032 shares changed hands on the counter so far.

Vinit Bolinjkar, Head of Equity Research, Ventura Securities, says he is constructive on Shalby Hospitals and thinks the stock can touch Rs 500 in the next couple of years. The second stock he likes is NTPC and says the NTPC green IPO should lead to a significant re-rating of the stock. He also expects a 50% upside on Senco Gold. He is also gung-ho on Wockhardt where he expects outsized disproportionate returns given that the company is coming out with a new molecule which, once it goes into commercial production, may see the stock double. Now that TCS has kick-started the earning season, what do you make of this quarter that has gone by? We did have some headwinds coming by. There was a heatwave, elections and so lots were happening in this quarter. Give us a generic view and also your specific view on what IT companies are expected to do and how their numbers are expected to look given TCS has come out with a stellar set of numbers. Vinit Bolinjkar: TCS and Tata Elxsi numbers are slightly lower than those reported in the previous quarters, but the growth trajectory that both the companies have guided for is resoundingly strong and the pipeline also seems to be improving and getting better.

housing sales have resulted in decline of unsold inventory and average residential prices to soar by 49% between H1 2019 and H1 2024 in Delhi and Mumbai. NCR recorded a 49% five-yearly jump in average residential prices from Rs 4,565 per sq. ft. to Rs 6,800 per sq. ft. In MMR, average residential prices appreciated 48% in the period – from Rs 10,610 per sq. ft. in H1 2019 to Rs 15,650 per sq. ft. in H1 2024.

Rakesh Sharma, ED, Bajaj Auto, explains the logic behind launching a CNG motorcycle. He says the company expects this to be a pivotal point in the development of the two-wheeler industry in the country. And if we have to take the government at face value, which there is no reason to disbelieve, the CNG network is going to grow even further and faster, every month 100 new pumps are being added. That means CNG will have ubiquitous availability. At this point, their estimate is only 60%, but it will go to 80%. Let us begin with this CNG bike launch. What is the value proposition of this model versus the EV and the ICE models? Rakesh Sharma: Well, for the full lowdown you will have to come to Pune on 5th; by 2 pm we are unveiling the new bike. For now, suffice to say that it is the outcome of a very intense exercise over the last two to three years. We will be showcasing through this, the power of innovation at Bajaj Auto. It addresses a very large market size. Almost 70% of the one million per month market of motorcycles has some level of sensitivity to fuel economy.

Paris Olympics 2024 is just round the corner but it is a severe red flag for the tennis event as some major tennis players ranked in the top brackets, are deciding to skip the Olympics. These players are looking at participating in US-based tournaments rather than representing their nations in the coveted Paris Olympics 2024. This high-profile absence in the tennis event at Olympics has raised alarm at the International Olympic Committee, but there is little they can do at the moment.

Get on up folks, it’s (political) party time America.

electrolyser manufacturing under the production-linked incentive (PLI) scheme, have conveyed to the government that they will be able to commission their units by next year, ahead of the 2026 deadline, said people aware of the development. This will be a boost to India's green ambitions as electrolysers are essential for green hydrogen production. John Cockerill Greenko Hydrogen, L&T Electrolysers, Reliance Electrolyser Manufacturing and Adani New Industries see their manufacturing units ready by 2025.

Centre has refuted Tamil Nadu CM M.K. Stalin's allegations that it was withholding funds for development projects in the state.

DÜSSELDORF , GERMANY : Three weeks into its campaign at this European Championship, England’s national soccer team has come to a jarring realization: Whatever approach it had designed here wasn’t working. The Three Lions have barely scored, have created next to no chances, and have a nasty tendency to keep falling behind. And yet, as heavyweights such as Germany, Italy, and Portugal all went home, England has stuck around.

Supacell' Season 2 on Netflix has become one of the most talked-about subjects on social media ever since the British show premiered on the OTT streaming giant. Those who have been looking for authentic updates on 'Supacell' Season 2 release date, creator Rapman revealed that he had conceptualised plot for three seasons. However, Netflix will take the final call regarding a new season. 'Supacell' has received positive responses from critics and garnered an overwhelming viewership for Netflix UK.

China's Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge of the matter said, amid concerns auditors are not doing enough to uncover corporate wrongdoing. The tighter scrutiny, which has not been previously reported, is mainly focused on Deloitte, EY, PwC, KPMG and their audits of some financial firms as well as highly leveraged companies, said the people. It began a couple of months ago and comes in the wake of a regulatory probe into «intermediaries» for property giant China Evergrande Group, which refers to auditors, rating agencies and other providers of financial services.

Consider a country whose economy has suffered due to years of lower productivity growth than its peers, high inequality and low private investment. To compound its problems, it is not part of dynamic free-trade zones, which would lower its tariffs, push its industry to be more competitive and reduce friction for goods crossing borders. This is the huge to-do-list that Keir Starmer faces as the new Prime Minister of UK, but it is also more or less the challenge that New Delhi confronts.