Wellness Financial News

Wimbledon 2024 has been underway for quite some time but the thrill and excitement around The All England Club was much like it has always been until the Carlos Alcaraz vs Frances Tiafoe third round match took place. Alcaraz, being the reigning champion, was predicted to claim an outright victory over Frances Tiafoe but it didn't happen so easily as was being thought. Tiafoe gave Alcaraz a run for his money by defending his ground so well that every shot by both of them was met with gasps from the audience.

The U.S. government’s auto safety agency is investigating a potential “loss of motive power” in more than 94,000 Jeep Wrangler 4xe vehicles, after receiving complaints for cars outside the scope of an earlier recall involving an engine shutdown conditi...

urban local body in India and fourth in the world to unveil a climate budget for FY25 and earmarked ₹10,224 crore to fight climate change. In January this year, the Solapur Municipal Corporation prepared its own climate change action plan that included a detailed vulnerability assessment and greenhouse gas emissions inventory as well as causes and mitigation. Later in February, Vadodara Municipal Corporation raised ₹100 crore by issuing Asia's first certified green municipal bond for sustainable water infrastructure.

It looks like loyalty is dead in the wealth advisory space, as a significant portion of financial advisors in the US are contemplating a change in their employment, according to the JD Power 2024 US Financial Advisor Satisfaction Study.

Nikki Ferreira had been married to her husband Steve for 20 years. They worked together, raised a daughter and knew one another’s quirks, and what she unequivocally understood about her spouse was that it was next to impossible to talk him out of any idea that got lodged in his brain.

Populist Budget Chances: Finance Minister Nirmala Sitharaman will be presenting her seventh full budget on July 23. Her five budgets have been marked with fiscal prudence as well as aggressive capital expenditure and an emphasis on making India Atmanirbhar and boost manufacturing. The interim budget Sitharaman presented in February surprised many for its lack of populist proposals which were expected since it was a pre-poll budget. But between the interim budget and the upcoming full budget, the situation has changed drastically. The BJP fell short of majority in the Lok Sabha elections and its NDA government is propped up by its allies, M. Chandrababu Naidu's TDP and Nitish Kumar's JD(U). After the results, there was speculation that both the allies will extract their pound of flesh for supporting the government by asking for key ministries and the speaker's post. But none of that happened. On the contrary, these allies expressed their unconditional support for the government. However, now there is speculation that the TDP and the JD(U) would want Sitharaman to extend a favorable treatment to their states in the budget. Many think Sitharaman has the tough task to balance fiscal discipline and growth with the excessive demands of these allies.

Budget 2024: As Finance Minister presents Union Budget on July 23 that will set the roadmap for the next five years of Prime Minister's third term, the e-commcerce sector hopes for a push towards Open Network for Digital Commerce (ONDC) and amendment of overall policy. Read More: Budget 2024 date: Finance Minister Nirmala Sitharaman to present Union Budget in Lok Sabha on July 23 «My expectation from the Government of India is to promote ONDC further because ONDC is in a way becoming an e-commerce platform for the small traders of our country, so we should talk about the creation and amendment of the overall e-commerce policy and about the enhancement of platforms like ONDC which have been created by the Government of India...» said Vijay Shekhar Sharma, Founder of Paytm.

Baird has strengthened its operations in the Northeast as an industry veteran and former wirehouse advisor joins its ranks.

Godrej Consumer Products Ltd. gained 2.56 per cent to Rs 1409.4 in Monday's trade as of 10:20AM (IST). It hit a high of Rs 1410.0 and low of Rs 1371.7 during the session. The stock quoted a 52-week high price of Rs 1467.3 and a low of Rs 959.55. The return on equity for the stock stood at -4.44 per cent. About 20,177 shares have changed hands on the counter so far.

cyberattacks and malicious attempts to steal data has increased over the past five years, which has increasingly surged the risk of financial harm of not only individuals, but also governments and financial entities spread worldwide. According to cybersecurity reports, around 10 billion passwords belonging to various individuals, be it social media or email accounts, have been released on global forums. making it one of the biggest data breaches in the world till now. Such a large bunch of passwords being accessible to hackers and scammers means that the amount of targeted attacks on account users, be it social media or emails, will increase significantly, leading to a massive privacy scare globally.

Star Health firm on profitability path amid rising competition In the two years to FY24, Niva Bupa clocked a CAGR of 47% in NEP compared to 15% for Star Health. Its claims ratio (indicating NEP spent on paying claims) stood at 59% in FY24 against 66% for Star Health. In fact, Niva Bupa’s claims ratio was the lowest in the industry.

An ancient tree from India is now thriving in groves where citrus trees once flourished in Florida, and could help provide the nation with renewable energy

Dipan Mehta, Director, Elixir Equities, says the question that everybody on the Street will ask the IT company is how big is this AI opportunity. Is it for real? Is it going to translate into double-digit growth rates for the next four to five years for IT companies? If we get a positive response over there, then IT will take a leadership position. The first few results will immediately set the tone for the entire sector. All the Maruti magic yesterday pilfered through the entire auto pack as well. But how much more of a material gain do you think Maruti can get out of this UP discount registration now for hybrid cars? Dipan Mehta: It is not just the actual material benefit that may or may not take place, but it is a signal to the other states as well that this is something which they can implement to reduce pollution and give encouragement to cleaner vehicles and that has what has driven the sentiment up in Maruti. If other states also follow suit, then certainly Maruti will have a phenomenal edge over its competition, because the best hybrid cars, the most popular ones are the ones which Maruti is producing.

Rahul Malani, Equity Research Analyst, Sharekhan, says PSU banks are reporting strong loan growth versus their private peers right now. In terms of PNB has reported a sequential pickup in the loan growth versus the numbers also. So, Sharekhan continues to believe that the journey for PSBs will continue to ride on strong loan growth as well as a benign credit cycle for FY25. Weak numbers reported as opposed to what the market, I guess, was anticipating or do you think it was well in the price or not quite? Rahul Malani: In the last one month. HDFC Bank has already outperformed. A modest expectation was built in HDFC Bank around 1% to 2% deposit growth because Q1 is a weak quarter especially if we look at the flows perspective, as well as the system growth and deposit growth has also been muted. So, already expectation was that the deposits would grow around 1% to 2% but the numbers which overall deposits were flat mainly due to CASA de-grew by around 5%, which was below expectation.

Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed to help infants and young children sleep

PI Industries Ltd. traded 3.87 per cent higher in Tuesday's session at 10:05AM (IST). The stock opened at Rs 3795.95 and has touched an intraday high and low of Rs 3910.7 and Rs 3795.45, respectively, during the session so far. The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of 3060.0. About 12,231 shares changed hands on the counter so far.

New cruise ships don’t exactly go up overnight. That makes Disney’s timing all the more fortuitous. Walt Disney Co.

Varun Beverages Ltd. traded 0.4 per cent lower in Wednesday's session at 10:35AM (IST). The stock opened at Rs 1614.55 and has touched an intraday high and low of Rs 1628.5 and Rs 1601.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 1673.7 and a 52-week low of 785.0. About 34,731 shares changed hands on the counter so far.

Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts its focus to household robots. The e-commerce giant initially launched the canine-like robot for household use in 2021. Astro for Business was launched last November for a range of customers including retail, manufacturing, health and wellness.

Mint for a new podcast series called Founder Diaries, where we take you through the entrepreneurial journeys of some of India’s most high-profile founders, and a peek into what it takes to build successful enterprises. Edited excerpts: I was the first entrepreneur from my family. Business was not seen as a very good thing to do.

European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing's burgeoning exports of green technology to the 27-nation bloc. The higher duties go into effect on Friday, pending a final decision in four month's time. Here are some basic facts about the EU's planned customs duties: What did the European Union do?