Wellness Financial News

Lounge know that we’re keen on sport—and this is a summer of sports with the IPL that just concluded, the T20 World Cup that begins today and runs through June, Wimbledon that will follow immediately, and then, the Paris Summer Olympics in July. So, our calendar for the next two months is fairly full, and we start our summer of sports coverage with a spread on the T20 World Cup, being hosted by the US and the West Indies.

India's growth surged to 8.2% in FY24, riding a better-than-expected 7.8% expansion in the March quarter on the back of robust manufacturing, provisional estimates released on Friday showed, underscoring the country's status as the world's fastest-expanding major economy. This is the highest annual growth since FY17, excluding the 9.7% post-Covid rebound in gross domestic product (GDP) in FY22 after the 5.8% contraction in FY21. The advance estimate released in February had pegged FY24 growth at 7.6%. Economists and government expect the high growth to continue though tepid private consumption remains a concern. The data comes ahead of the final phase of polling on Saturday.

Godfrey Phillips executive director Samir Modi has accused his mother of orchestrating an attack on him, worsening the feud among the late KK Modi's family members over their inheritance. The younger son of KK Modi and Bina Modi lodged a complaint with Delhi Police on Friday, accusing his mother, her personal security officer (PSO) and Godfrey Phillips directors of causing him «grievous hurt».Bina Modi is also a director of Godfrey Phillips. «The incident happened on Thursday when I was trying to enter the scheduled board meeting of GP at Jasola in Delhi,» Modi told ET. «I was prevented by Bina Modi's PSO from entering the meeting. When I insisted, he tried to push me and said that I was not allowed to enter the board meeting.»

Turkey’s president said his government won’t hesitate to act against Kurdish-led groups in northern Syria if they proceed with plans to hold local elections. It accuses the groups of having links to outlawed Kurdish militants in Turkey. The SDF said drone strikes hit its positions eight times as well as civilian homes and vehicles in and near the northern city of Qamishli.

Prince Harry and Meghan Markel’s recent visit to Nigeria may have been successful but it has only raised several questions about its purpose, protocol and other matters. While the visit was a PR success, it may have created tense moments for the members of the British diplomatic service and the security establishment. It is well known that such visits generally tend to create diplomatic incidents in the host country if they aren’t handled properly. Prince Harry and Meghan Markel, who were working royals before they decided to step down in 2020, visited countries at the invitation of the British Foreign and Commonwealth Office (FCO). Since they aren’t part of any of the royal duties anymore, the officials from the FCO heaved a sigh of relief. If otherwise, it would have given the local British diplomatic establishment which is an Embassy/High Commission, a headache as it becomes their responsibility to handle all issues arising from protocol, security, media and planning the entire visit.

SLK Private Wealth, a partner firm of Sanctuary Wealth, is bolstering its presence in the burgeoning LA, California wealth space as it adds a breakaway Wells Fargo duo.

Christian Nwasike, principal and executive managing partner at Practice Management Consultants, has been “involuntarily removed” from the Association of African American Financial Advisors (AAAA), a nonprofit organization, InvestmentNews learned Friday.

The economic deities on Friday answered the prayers of those banking on lower rates.

Volodymyr Zelenskyy concluded long-term security agreements with Sweden and Norway on Friday, a sign of Western commitment to Ukraine as Kyiv seeks further military support from the West in the war with Russia. Zelenskyy visited Stockholm as Western nations discuss whether to let Kyiv use weapons provided by them to strike targets inside Russia. The security deals with Sweden and Norway bring to 15 the number of agreements Kyiv has signed with Western nations. Under the latest deal, Sweden will transfer two ASC 890 surveillance aircraft — seen as crucial for identifying incoming cruise missiles and drones and identifying targets in the air and at sea — as well as its entire stock of armoured tracked personnel carriers. But Stockholm will not yet transfer Saab Gripen fighter jets to Ukraine. Sweden joined the Western military alliance this year and does not have such jets.

Blackstone Inc has agreed to buy Japanese e-comics provider Infocom Corp, according to people familiar with the matter. The world's largest alternative asset manager has emerged as the buyer of a 55.1% stake in Infocom held by Tokyo-listed Teijin Ltd., the people said, asking not to be identified because the matter is private.

Also Read: Lok Sabha Elections 2024: What are Exit Polls? When are they due? All you need to know“By deciding to boycott the Exit Poll exercise, they are bringing in question exercise carried out by several professional agencies, who have worked with thousands of associates to bring what people may have voted for," said Nadda in a post on X.“Instead of focusing on winning the election, Congress repeatedly approached the Supreme Court, making outrageous demands, in order to mutilate our well established electoral process," said Nadda.Nadda alleged that not just the Congress but its extended ecosystem, who are inimical India’s interest, too comes together to create cacophony and makes all attempts to undermine people’s faith in our institutions and process.Congress has been in denial mode for so long. The whole election they kept campaigning that they are going to get the majority but they know the situation.

“As an independent venture capital firm, we have the flexibility to adjust our fund size and allocations. However, we have outlined a strategy to allocate approximately 25-30% of our investments specifically in the APAC region.

Banking giants that once had the most ground to lose to the burgeoning world of private credit keep finding more ways — and much more money — to pump into the sector.

Joint British-U.S. airstrikes targeting Yemen’s Houthi rebels killed at least 16 people and wounded 42 others

Intel is preparing for rising demand for consumer products that can handle artificial-intelligence computing tasks on-site, betting that businesses will increasingly look beyond public data centers to meet their AI computing needs. The U.S.

TransUnion CIBIL was founded in 2000 as one of the oldest credit bureaus. It is a custodian of data as a credit bureau and this credit information is submitted by banks, NBFCs and all the credit institutions across India. TransUnion CIBIL analyses this data using proprietary algorithms and computes a three digit numeric indicator which indicates any consumers creditworthiness. It also talks about how well he/ she has managed his credit in the past.As one of the oldest bureaus and leaders in this segment, TransUnion CIBIL has a mission to empower consumers and businesses alike and also enable lending institutions with information solutions to power affordable and faster access to credit for consumers and businesses and foster their growth. It works extensively towards improving financial literacy and towards imparting credit education in initiatives that are aimed at increasing financial inclusion. Disclaimer: This article has been produced on behalf of the brand by HT Brand Studio. The content is for information purposes only and does not constitute financial advice. Milestone Alert! Livemint tops charts as the fastest growing news website in the world

water level of the country's 150 main reservoirs has dropped to 23 per cent and is also 77 per cent less than last year's levels at this time, according to Central Water Commission (CWC) data. Last week, the live storage of these reservoirs was at 24 per cent. The present storage is merely 77 per cent of last year's levels and 94 per cent of the normal storage, CWC data stated. In its latest weekly bulletin, released on Friday, the commission said that «the total live storage available is 41.705 billion cubic metres (BCM), equating to 23 per cent of the total capacity».

Global investors poured $3.6 billion into investment grade corporate bond funds in the week to Wednesday, Bank of America said on Friday, in the 31st straight week of inflows, the longest streak since 2019. A rise in global interest rates has forced up corporate bond yields, drawing in buyers attracted by the payouts as well as the hope that prices will rally once interest rates start to fall.

«Honestly the infrastructure would need to be improved, the backend technology would have to be improved for them and the timeline for them is I would say two months, within two months they have to get all this sorted,» says Shweta Rajani, Anand Rathi Wealth. In my personal experience, I was hospitalised once and I got to discharge in the morning but the entire thing got settled only post 5 pm or 6 pm in the evening so almost seven to eight hours of waiting period and at that time you being a patient, you being discharged are in touch with the health insurance company, their customer call requesting them to give the authorization and just let me go home but now it seems this will be all stopping and not more than three hours you will be allowed to wait? Absolutely. What you said is your experience is something that most family members or patients would have experienced even though they would have applied for cashless insurance, but at the time of discharge you are right it could end up taking easily seven to eight hours while during this time period the hospital is submitting all the bills, the required documents, then there is a wait time because the insurance company has to approve of all the claims, give the authorization and then only you are allowed to get discharged, not only that in a lot of cases it does not end there because you would have given still some amount of a deposit right because your entire claim process is still going to take a few days and that deposit money to come back to you could be a few days away.

WestJet Encore and its pilots reached a deal Thursday after two weeks of negotiations, steering clear of a potential strike this week.

Sebi) on Thursday launched a beta version of the settlement calculator to simplify the process of arriving at an indicative settlement amount. The settlement calculator contains fields that the applicant may identify in terms of the violations.