Wellness Financial News

₹22,000 crore in the month of May so far.The total selling by FPIs in the domestic equities since the beginning of 2024 amounted to over ₹19,000 crore so far, as per data available on National Securities Depository Ltd (NSDL).Meanwhile, the highest FPI outflows was seen in the financial services stocks worth ₹9,687 crore during the first fortnight of May 2024 (May 1 to May 15). This was after FPIs selling of ₹12,550 crore in the sector during April 15 - April 30.

The native token of Web3 social network Friend.tech, known as FRIEND, has experienced a significant drop in value.

VP Nandakumar, MD, Manappuram Finance, says that the company has not been impacted by RBI's new regulations. He feels it is positive because the company is fully prepared for that through their online gold loan schemes, etc. The profitability remained pretty robust. Next year also on a consolidated level, they expect a CAGR of 20% and a profitability of the same level. Let us first talk about the Q4 performance when it comes to your AUMs. You have closed in about 18.7% growth which is normally a little bit lower than your guided 20%. Do you believe that the impact of all the RBI-led regulations is now behind you and the company can deliver a better AUM for the full year as well as the next quarter? VP Nandakumar: We have been guiding for about 20%. We reached 19%, 1% lower. Our performance has not been bad, but we will improve. RBI's new regulation has not impacted us. We feel like it is only positive because we were fully prepared for that through our online gold loan schemes, etc. So, our profitability remained pretty robust. We hope next year also on a consolidated level, we expect a CAGR of 20% and the profitability of the same level we expect. We have fully implemented the RBI guidelines. We are fully okay with the latest guidelines also.

Goldman Sachs raised its global oil demand forecast for 2030 on Monday and expects consumption to peak by 2034 on a potential slowdown in electric vehicle (EV) adoption, keeping refineries running at higher-than-average rates till the end of this decade. The research division of the bank raised its 2030 crude oil demand forecast to 108.5 million barrels per day (bpd) from 106 million bpd, and expects demand to peak at 110 million bpd in 2034, followed by a long plateau till 2040, analysts led by Nikhil Bhandari said in a report.

The remains of an unknown soldier who fought during World War One was returned from France to his home in St. John’s Newfoundland Saturday.

Kolkata Knight Riders (KKR) as they clinched their third Indian Premier League title.However, stealing the spotlight in this euphoric moment is the heartwarming embrace between Shah Rukh Khan and his daughter Suhana Khan. Watch the video here:Suhana Khan was captured mouthing the words, “Are you happy? I'm so happy," exuding sheer joy and emotion.

Ahead of the June 4 general election outcome, volatility is expected to remain high and India VIX appears to be at a striking distance of 30, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said, advising investors to remain alert and look at investing light. This analyst spells-out strategy in previous week’s major movers viz. Cochin Shipyard, Zomato and Global Health (Medanta) and three more stocks. Here’s what he recommends: Edited excerpts: Market seems to have got its mojo back especially after statements by Indian Prime Minister Modi, Home Minister Amit Shah with the former exuding confidence over rally following a favourable June 4 outcome and the latter suggesting investors to continue buying in the run-up to the D-day. Do you see a connection or see other factors to be supporting the rally? Aamar Deo Singh: Overall, markets appear to have factored in the return of the current dispensation at the centre, and that is reflected in the price moves, cutting across sectors and multi-caps with the benchmark indices gaining almost 2% WoW. Unless there is a major upset, of which the probability is very low, markets would continue to in an uptrend in the long-term.

Awfis Space Solutions IPO day 3: The initial public offering (IPO) of Awfis Space Solutions Limited opened on 22nd May 2024. In the first two days of bidding, the public issue received an overwhelmingly positive response from the primary market investors, indicating a strong potential for the IPO. As per the Awfis Space Solutions IPO subscription status, the public issue has been booked 11.41 times in the first two days of bidding.

culpable since they apparently allowed their underage son to drive their car, a Porsche, knowing full well that he did not have a driving licence as he wasn’t yet eligible for one. Sure, we live in an age where parents have less and less influence over their progeny, especially once they reach their teens. But that does not absolve them of responsibility.

Atlas of the Heart says, “At its core, defensiveness is a way to protect our ego and a fragile self-esteem."Given this understanding, every time someone tries to give us feedback, if we perceive it as them talking about our shortcoming or imperfection, we are likely to react with defensiveness. The reality is that as human beings, we are a work in progress.

Modi — then chief minister of business-friendly Gujarat state — rode an electoral wave to the prime ministership in New Delhi, many expected that he would be far more supportive of the private sector than previous Indian leaders. As a candidate, Modi was quoted as saying: “I believe government has no business to do business,” and one of the many slogans of that 2014 campaign was “minimum government, maximum governance.” That seemed as close to laissez-faire Thatcherism as one could reasonably expect in India. Nobody who looked closely at Modi’s tenure in Gujarat, however, believed this easy narrative. His proudest achievement there was turning around the state government’s own public-sector companies, particularly in the energy sector. And that’s been his focus in national office as well. In one recent interview, when asked to cite an example of how the markets should react to his expected re-election, he pointed specifically and solely to how he had revived the stock prices of public-sector companies. Modi wasn’t wrong. State firms have done better than India’s benchmark Sensex index for three years straight, and look likely to do so again this year. They have regularly traded at a premium to their private peers.

stock market would set new records on 4 June, when the election results are declared. A certain breed of trader, who lives by the proverbial ‘tip’, has latched on to it with glee. In fact, a whole lot of people who are interested in stock investing, but have not yet taken the plunge, have suddenly woken up, so to speak.

severe weather over the holiday weekend. In Indiana, storms delayed Sunday's scheduled start of the Indianapolis 500-Mile Race, or Indy 500, the premier U.S. auto racing event traditionally held over the Memorial Day weekend.

Kolkata Knight Riders (KKR) hard-hitting batter Venkatesh Iyer highlighted the crucial role of mentor Gautam Gambhir and assistant coach Abhishek Nayar for shaping the team into an Indian Premier League (IPL) 2024 champions and expressed gratitude to the fans for always cheer and support the team throughout the tournament. KKR clinched the IPL 2024 title with a dominating all-round performance against SRH in the final at the MA Chidambaram Stadium in Chennai. KKR vs SRH: The highlights

Adda247 recorded revenue of Rs 243.39 crore in FY24, an 88% year-on-year increase from Rs 129.65 crore in FY23. It has also reduced net loss by 66% to Rs 101 crore, down from Rs 296 crore in FY23. The firm attributed its growth to its existing verticals in government job exams and UPSC, as well as the newly introduced K13 vertical that contributed about 15 percent to the total revenue.

Boston Consulting Group (BCG) will prepare a three-year roadmap to transform state-owned Bharat Sanchar Nigam (BSNL) so that it can effectively compete with private telecom operators.

IPL) final between Kolkata Knight Riders and Sunrisers Hyderabad fired up bookings at bars, pubs and cafes across India by 30-50%, compared to a regular weekend, executives said, with the heatwave adding to demand for cooler leisure options. “Alcohol sales saw a big spike, as average time spent per consumer at outlets was more,” said Vikrant Batra, founder of Cafe Delhi Heights. “Malls also did phenomenally well because of the heatwave. That’s another reason we saw spike in sales at our mall outlets.” During an otherwise lean season for pubs, bars and restaurants because of people being away on summer vacations, the IPL final in Chennai triggered a dramatic spike in footfall and sales across the cricket-crazy nation, executives said.

streaming TV came with a promise: Sign up, and commercials will be a thing of the past. Netflix rose to streaming dominance in part by luring customers to an ad-free experience. Amazon Prime Video, Disney+ and HBO Max followed that lead. Well, that did not last long.

Lounge spoke to experts to shed light on the process, offer tips to make your first mammogram a breeze, and guide you on how to stay breast cancer-aware. Breast cancer can be detected early if proper examination and specific tests are done regularly, especially once you turn 40. Certain gynaecological investigations and tests such as a pelvic examination, pap smear, and breast examination become more crucial for women's health as they approach the age of forty, says Dr.

Mayurbhanj (Odisha): The hot topics in Odisha politics are alleged corruption in 5T and Jagannath Heritage Corridor Project, non-Odia origin of BJD leader VK Pandian, but it seems the people in President Droupadi Murmu's native village Uperbeda would vote on local issues, such as the inadequate livelihood opportunities, irrigation, education and health facilities. This village falls under Mayurbhanj constituency which goes to polls on June 1 in the seventh and last phase of the Lok Sabha election. Some villagers said they are ready to support those who honoured their village as well as the district by making Droupadi Murmu the President of India.

baccha?" the mother asked. “Okay, now hand over the phone to Mairaa. Let me talk to her.