Wellness Financial News

Vladimir Vladimirovich Putin will pay a state visit to China from May 16 to 17," Shina Foreign Ministry Spokesperson Hua Chunying announced on Tuesday. According to reports, Russia also confirmed the trip and said Putin was going on Xi's invitation. The Kremlin was quoted by PTI as saying that this will be Putin's first foreign trip since he was sworn in as president and began his fifth term in office.

Having been introduced on May 1, 2009 for all citizens of India; National Pension System (NPS) has recently completed 15 years of its existence.

India's Ministry of Agriculture and Farmers Welfare, Google Arts & Culture today launched a new digital exhibit, "Millets: Seeds of Change," said Google Arts and Culture in a media release. «The digital exhibition highlights the history of millets from ancient grains to modern-day superfoods, as well as their nutritional benefits, contribution to global climate resilience, and potential to address global food security challenges,» the release added. Launching the exhibit at Krishi Bhavan, Manoj Ahuja, Secretary, Department of Agriculture and Farmers Welfare said,“When India spearheaded the UNGA resolution to declare 2023 the International Year of Millets, we did so with the objective of sharing our agricultural practices and experiences with the world. We were gratified to see ‘Shree Anna’, which holds immense potential for multiplier impact — including offering India’s small farmers a doorway to prosperity — receiving interest during the global G20 Summit. Our hope and ambition is that the conversations that have been generated over the past year translate into the advantages of millets spreading farther and wider.”

Family offices are facing substantial and multiple risks but frequently lack the resources to effectively manage them, a new report warns.

Patanjali Foods reported a 22% fall in fourth-quarter profit on Tuesday, as sluggish demand dragged overall sales down in its mainstay edible oils business amid a surge in expenses. The Ruchi Gold oil maker's profit fell to Rs 206 crore (around $25 million) for the quarter ended March 31, from Rs 264 crore a year earlier.

Canada’s broadcasting regulator has granted Corus Entertainment Inc.’s request to ease some of its Canadian content spending requirements after the company warned of an increasingly dire financial situation.

Nikhil Kamath was quoted as saying by NDTV. “I think we all feel that we are more important than we are... you are born and you die like every other animal on the planet and then you are gone and nobody remembers anybody.

Godrej Properties Ltd, in 2009, Pirojsha Godrej, who was then its executive director, met up with the executives of a prominent Mumbai-based investment banking firm. The investment bank’s feedback wasn’t that encouraging. Godrej’s property business, executives from the bank said, wasn’t ready for an IPO yet; the developer needed to build scale.

Razorpay has introduced a new employee health insurance policy, under which coverage will be provided to employees’ siblings as well as for vital treatments like those for HIV/AIDS. The policy also extends support to conditions such as polycystic ovary syndrome, addressing a broad spectrum of healthcare needs. It will allow employees of the omnichannel payments and banking platform for businesses to customise their health insurance plans according to their individual needs, including defining their own families and encompassing live-in or LGBTQIA+ partners as spouses.

Nakoda Group Of Industries Ltd.(up 11.06%), Umang Dairies Ltd.(up 5.30%), JHS Svendgaard Laboratories Ltd.(up 4.93%), LT Foods Ltd.(up 4.69%), ADF Foods Ltd.(up 3.14%), Zydus Wellness Ltd.(up 2.54%), Adani Wilmar Ltd.(up 2.32%), Mrs. Bectors Food Specialities Ltd.(up 2.02%), Vadilal Industries Ltd.(up 1.92%) and Dangee Dums Ltd.(up 1.87%) stood among the top gainers.

Telecom major Bharti Airtel on Tuesday reported a 31% fall in its consolidated net profit at Rs 2,072 crore for the quarter ended March 2024. This compares with Rs 3,006 crore profit in the previous year's quarter. The profit missed the Street estimates by a wide margin, which saw the figure around Rs 3,274 crore.

With $6 million raised to date and a place in the top 30 of the projects with the best security audit score, BlastUP has cemented its status as one of the biggest successes in the rollup space. Investors still have a few days to buy $BLP tokens with a bank card at $0.06 per token before the price jumps to $0.065. 

Shares of Zydus Wellness jumped 3.8% on BSE to hit their fresh 52-week high of Rs 1,750.20 after reporting a 4% year-on-year (YoY) increase in profit after tax of Rs 150.3 crore for the fourth quarter ended March 2024. The company’s board also declared a dividend of Rs 5 per share. The record date has been fixed as July 19 to determine the list of shareholders entitled to receive the final dividend for the financial year 2023-24.

Multibagger stock: Money magnet Charlie Munger once said that big money is not in the buying or selling, but in the waiting. This holds well when it comes to penny stock investment because investing in a stock means investing in a business, irrespective of its size. If a company is equipped enough to grow at a faster rate, then one should not look at the size of its business.

₹250, implying an over 68 percent potential upside. This will be led by its strong market positioning, comprehensive portfolio of new-age platforms/products, and end-to-end mapping of consumer needs along the lifecycle, it said. DART expects a revenue CAGR (compounded annual growth rate) of 46 percent over FY24-FY27E for the firm along with PAT profitability in FY27E.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says in the manufacturing space, with the capital goods players collected, railways could be the biggest influencer as far as the growth output is concerned for many of the capital goods companies. Though they are adequately priced today, in case of a dip, one should grab the opportunity and buy into the portfolios. Choksey further says that among midcap stocks although Polycab is quoting at a high valuation, business growth ther will double every two-and-a-half, three years from now on. Supreme Industries and Astral are the other two stocks he will definitely buy fresh on every correction.

PI Industries Ltd. slipped 0.28 per cent to Rs 3649.95 in Tuesday's trade as of 01:55PM (IST). It hit a high of Rs 3675.3 and low of Rs 3585.5 during the session. The stock quoted a 52-week high price of Rs 4032.0 and a low of Rs 3060.0. The return on equity for the stock stood at 17.07 per cent. About 6,019 shares have changed hands on the counter so far.

New Delhi: A ruckus erupted in the MCD House here on Tuesday over the allegations of Rajya Sabha MP Swati Maliwal that she was assaulted by Chief Minister Arvind Kejriwal's PA, Bibhav on his instructions. BJP and Congress councillors stormed into the well of the House as soon as the proceedings began and started raising slogans against Kejriwal and demanding his resignation over the incident. They raised slogans such as «Kejriwal haye haye» and «Kejriwal istifa do». The opposition councillors also stood at the mayor's podium carrying posters with «Dalit Mayor Ko kursi par baithao, Dalit virodhi Kejriwal istifa do» slogans written on them.

Torrent Pharmaceuticals and Glenmark Pharmaceuticals were key leaders amongst listed companies, that saw their domestic sales grow 16.7-17.7% during the month of April' 2024 . The two were closely followed by Alkem Laboratories whose sales in value terms also grew 14.8% y-o-y.

steady inflation in April was supported by a favourable base effect. On a month-on-month basis, Consumer Price Index (CPI) rose 0.48% in April from the previous month, marking the fastest month-on-month increase since November 2023. This increase was primarily driven by significant rises in specific categories: food prices increased by 0.74%, pan, tobacco, and intoxicants by 0.44%, and housing by 0.95%.

If you’ve noticed people talking about managing their cortisol lately, you’re not alone. Chatter about the stress hormone has surged. Doctors say patients are bringing it up more often, and Google searches for how to lower cortisol reached a high in April.