Wellness Financial News

Congress on Saturday alleged that Prime Minister Narendra Modi broke all parliamentary norms by accusing the then Rajya Sabha chairman Hamid Ansari of having an «inclination» towards the opposition when the BJP came to power in 2014. In his reply to the Motion of Thanks on the President's address in the Lok Sabha on July 2, Modi said, «No matter how many numbers they claim, when we came in 2014, our strength in the Rajya Sabha was very low, and the Chair's inclination was somewhat on the other side. But we did not waver from our resolve to serve the country with pride.» «I want to tell the people of the country that the decision you have made, the order you have given us to serve, neither Modi nor this government will be afraid of any such obstacles. We will fulfill the resolutions we have set out to achieve,» Modi had said.

LT Foods Ltd.(up 9.61%), Heritage Foods Ltd.(up 4.57%), ADF Foods Ltd.(up 3.91%), Emami Ltd.(up 3.71%), Nakoda Group Of Industries Ltd.(up 2.58%), Parag Milk Foods Ltd.(up 2.24%), Dangee Dums Ltd.(up 2.07%), Zydus Wellness Ltd.(up 1.83%), Bajaj Consumer Care Ltd.(up 1.41%) and Varun Beverages Ltd.(up 1.27%) were among the top gainers.

There is no change in the default amount as the company has reported a similar amount in previous quarters. This is because the company is not adding interest from 2021.

Later, the makers confirmed the next installments of the anime. According to the makers, they will be releasing three movies for the Infinity Castle Arc. However, they have yet to reveal the exact release dates of the upcoming films.

Markets have been hitting new highs almost every week and the total wealth in equity assets has also risen to all-time highs. Not surprisingly, promoters are set for record stock dilution. As per media reports, promoters of over 200 companies have cumulatively sold stock worth around $4 billion in the last two months alone, taking advantage of richer valuations and cashing-in on the equity they hold.

₹1,200 crore-1,500 crore by the end of the current financial year for its third and largest private credit fund, the investment firm said in a statement on Friday. The third private credit fund, which was launched in March 2023 and has deployed ₹400 crore to date, will be used to support high-potential opportunities in the small and medium enterprises space through debt capital. Its previous two funds were ₹400 crore (launched in 2016) and ₹865 crore (in 2019) in size.

Acting as an extension of the investment team, Miller will be tasked with coordinating research and portfolio management meetings, as well as delivering portfolio analytics for UK clients of the asset manager, which currently has around $155bn AUM. A spokesperson for the firm described his role as «a conduit between the firm's investment, distribution and client-facing teams». Prior to his GQG venture, Miller was head of UK manager research at Morningstar for eight years. Before that, he had a lengthy tenure as head of research at Citywire. MainStreet Partners poaches abrdn analyst...

Indian Medical Association (IMA) president R V Asokan told the Supreme Court on Tuesday his unconditional apology to the apex court over his «damaging» statements in an interview to PTI, where he had answered queries about Patanjali Ayurved Ltd's misleading advertisements case, has been published in various publications. The IMA's counsel told a bench of Justices Hima Kohli and Sandeep Mehta that his unconditional apology has been published in the association's monthly publication, on the IMA's website, as also by PTI. «Last time, I (Asokan) had submitted an affidavit of apology. Your lordships were of the opinion that the apology should be given proper publicity like the interview...,» senior advocate P S Patwalia, appearing for the IMA, told the bench. He said the IMA has a monthly publication, and on its first page, a full page advertisement says that Asokan has apologised, expressed regret to the apex court and has submitted his affidavit tendering unconditional apology.

Vanguard, the retail investing giant, is officially entering a new era with a new chief executive taking the reins.

critical minerals and their processing besides battery production, Commerce Secretary Sunil Barthwal said on Monday. Both countries have signed an interim free trade agreement and are in negotiations to expand that into a comprehensive pact, he said. «We are looking at how we can integrate our (India and Australia) economies in terms of battery production, in terms of mineral production, in terms of mineral processing, in terms of vehicle production,» the secretary said here at a conference on the roadmap for vehicle electrification. He also said that the government has taken a series of steps to promote domestic manufacturing of electric vehicles (EVs) and strengthened the ecosystem around that like boosting charging infrastructure.

Paradigm shifts in mainstream economic thinking usually accompany crises demanding new answers, as occurred after stagflation—low growth and high inflation—gripped advanced economies in the 1970s. And it may be happening again, as liberal democracies confront a wave of popular distrust in their ability to serve their citizens and address the multiple crises— ranging from climate change to unbearable inequalities and major global conflicts—that threaten our future.

under-construction properties in major cities — Delhi, Noida, Gurgaon, Bengaluru and Mumbai has increased by upto 53%, led by Gurugram, according to Savills India, a global property consulting firm. The under-construction projects in these cities have witnessed higher price appreciation up to 30% over the year compared to ready properties as new launches offered newer amenities and configurations. The second home location, North Goa also witnessed a steep rise of 28% in villa prices over the year owing to rise in ‘work from anywhere’ or remote working and relatively high rental yields.

Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors and Big Tech firms have been among the most ambitious in their targets.

₹22,000 ($265) as of mid-2024, up from ₹13,000 ($170) in mid-2020, building a $38 billion Indian smartphone market in 2023. This year, with further shipment growth and a marginal uptick in ASPs, the Indian smartphone market is tipped to cross $40 billion in gross revenue. “Every deal and discount that e-commerce platforms offer are usually introduced in physical stores as well, although certain offers from brands may vary across retailers.

Mint. This comes at a time when tech investors globally have slowed down investments in growth-focused new-age tech firms, resulting in a tough period for such companies in India over the past two years. Reddy added that while deals are happening for such companies, the remaining 70% is still struggling to attract enough confidence from investors, hurting the funding environment. “40% is always the middle—it's tricky, doing well, but people are not getting confidence, and they are not giving more growth capital.

Edited excerpts of an interview: Given that the government holds a majority, I anticipate that the Budget session will proceed smoothly in terms of passing crucial bills. Over the next six months, at least, it seems likely that most bills will be passed without significant issues. The Finance Bill, in particular, is essential, and I expect it to pass without major obstacles.

US Supreme Court is expected to rule Monday on the most highly anticipated decision of its term — a ruling «for the ages» on whether Donald Trump, as a former president, is immune from prosecution.

Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic headwinds and rising non-OPEC+ output capped gains. Brent crude futures rose 16 cents, or 0.2%, to $85.16 a barrel by 0032 GMT, while U.S. West Texas Intermediate crude futures were at $81.71 a barrel, up 17 cents, or 0.2%.

The CNX 500 saw some participation but Mid-cap, Small-cap and other broad-based indices were muted. The recent participation was mainly due to Reliance, ICICI Bank and HDFC Bank. Hence, it was a concentrated move of the Nifty 50 Index that was adding to the recent surge.

Russia’s crypto mining capacity could grow by a further 6.9 gigawatts (GW), the nation’s grid operator has claimed.