Wellness Financial News

Lightweight jewellery, along with gold and silver coins, accounted for the bulk of the demand on Akshaya Tritiya this year, according to industry executives, as gold prices hovered about 20% higher year-on-year for the day that is considered auspicious to buy gold. Market leader Tanishq said it expects up to 20% year-on-year increase in Akshaya Tritiya sales value, driven primarily by lightweight jewellery priced between ₹50,000 and ₹1 lakh, similar to other jewellers such as Joyalukkas, Senco Gold & Diamonds and Malabar Gold & Diamonds. Quick commerce platforms such as Blinkit, Zepto and Swiggy Instamart also cashed in on the opportunity, delivering gold and silver coins within 10 minutes. Most of them claimed demand was surging but declined to mention absolute or growth figures.

Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise

decision means Democrats and Republicans will be the only political players to have automatic ballot access for candidates, as well as other major party benefits, such as legal protection and public subsidy dollars, Minnesota Public Radio reported. “LMNP will appeal Friday’s ruling by the state Supreme Court that attempts to decertify the party, and the U.S.

Wells Fargo, the third largest bank in the United States, has invested in one of the country’s new Bitcoin ETF products.

Just as it has targeted senior executives from JPMorgan Chase & Co. to lead its revamped wealth management business, Wells Fargo & Co. is turning to JPMorgan to fill out the top spots in its investment banking group, which is smaller than competitors.

aurora borealis.The U.S.’s National Oceanic and Atmospheric Administration (NOAA), which tracks space weather events, is anticipating that northern lights could be seen as far south as northern California and Alabama. The geomagnetic storm may last throughout the weekend.NOAA's Space Weather Prediction Centre has issued a rare G4 geomagnetic storm watch (first since 2005) this means the #aurora could be visible tonight across much of Canada and as far south as Northern California! #Auroraborealis pic.twitter.com/tsrrrty0HY— Ross Hull (@Ross_Hull) May 10, 2024The northern lights will “likely be visible across Canada where the sky is clear on Friday night and then again potentially on Saturday night,” according to Global News meteorologist Anthony Farnell.“For best viewing, you should try to get away from the bright city lights and look to the north.

cancer treatment, which had sent shockwaves across the UK and the world. However, people can now heave a sigh of relief as Prince William, the heir to the Royal Throne of the United Kingdom and the husband of Middleton, has stated that she is currently doing well while under treatment, according to a Sky News report.

Aadhar Housing Finance IPO subscription status: Aadhar Housing Finance IPO, backed by private equity major Blackstone, received a subscription of 24.49 times on the third and final day of bidding. The portion for Qualified Institutional Buyers (QIBs) was booked 72 times.

surveillance capabilities along the Pakistan border, the Indian Army is set to receive the first Hermes-900 Starliner drone on June 18. The Hermes-900 known as the Drishti-10 drone is being supplied to Indian forces including Indian Army and Navy by AdDefence Systems. «The first of the two drones to be acquired by the Indian Army would be handed over to the force on June 18 in Hyderabad. The supplies are part of the deal signed under the emergency powers given to forces by the Defence Ministry,» defence officials told ANI.

Wales First Minister Vaughan Gething on Friday said he held a «candid meeting» with Tata Steel on the issue of expected job losses at the company's Port Talbot plant in South Welsh. The First Minister, who is on a visit to India as part of the trade mission, also expressed hope that the Indian steel major, which has a «positive reputation», would take the same approach for the workers at the Welsh plant. Last month, Tata Steel announced to proceed ahead with its plans to close down the two furnaces at the plant and replace them with electric furnaces as part of its plans to go green in steel manufacturing. The proposed move could affect some 2,500 jobs in the next 18 months. But trade unions have opposed the move, and some 1,500 workers have reportedly voted in favour of an industrial action.

Last week, Empower wrapped up its integration of the $314 billion retirement plan business it bought from Prudential, capping an acquisition tear that it’s been on since the company formed a decade ago.

server manufacturer Netweb Technologies started commercial production at a new facility in Faridabad, Haryana Friday, where it would be making flagship end-to-end high-end computing server, storage, and switches. The new facility, with a capacity to turnover Rs 2,000 crore in production for the company, is capable of cutting-edge manufacturing, including designing printed circuit boards (PCBs), surface mounting on PCBs, and production of complete systems based on the latest generation chipsets from its technology partners that includes Intel, AMD, and Nvidia. It will also enable Netweb to market its products and solutions to new industry verticals, which demands critical and high-performance computing architectures. The new facility is also very well equipped in meeting demands of the ever-evolving requirement of private cloud, AI Cloud, compute data centres and more specifically AI workloads, the company said.

Novavax Inc. shares surged after the company signed a $1.2 billion licensing agreement with Sanofi that includes commercializing a combined Covid-19 and flu shot. Novavax will receive $500 million in upfront payments as well as a further $700 million if all development, regulatory and launch milestones are met, according to a statement Friday. Novavax, which will receive tiered royalties on any vaccine sales, said Sanofi is also taking a minority equity stake of about 5% in the US company.

WASHINGTON: U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise. The University of Michigan's consumer sentiment index, released Friday in a preliminary version, dropped to 67.4 this month from a final reading of 77.2 in April. That is still about 14% higher than a year ago. Consumers' outlook has generally been gloomy since the pandemic and particularly after inflation first spiked in 2021.

A post shared by Naveen ul haq Murid (@naveen_ul_haq) Naveen ul Haq's post came after Lucknow Super Giants' official handle on X (formerly Twitter) posted that they were hurt after that defeat against Sunrisers Hyderabad but expressed confidence in LSG's resilience and potential to make a comeback in the game. “We're all hurt by that game.

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Mallikarjun Kharge had raised valid points in his letter. ECI may refute them, but why take exception to the letter".

₹939.04 crore for the March quarter, up 78.64% year-on-year due to higher demand in key markets. The company's consolidated revenue during the quarter rose 7.4% YoY to ₹6,163.24 crore, according to a filing with the exchanges. While the net profit beat profit estimates given by Bloomberg’s poll of analysts, the revenue was below expectation.

₹10 lakh crore in a week as the cumulative market capitalisation of BSE-listed firms has dropped to nearly ₹396.6 lakh crore. Nearly 350 stocks in the BSE 500 index fell 1-23 per cent during the week. The Indian stock market is experiencing significant volatility, as evidenced by the India VIX index, which surged by over 26 per cent this week.

Tata Motors on Friday announced a dividend of Rs 6 per share while announcing its Q4 results, which would be paid to the eligible shareholders on or before June 28. “We would like to inform that the Board of Directors at its Meeting held today has recommended declaration of final dividend of Rs 6.00 per Ordinary Share of Rs 2 each (@ 300%) (Rs 3 normal dividend and Rs 3 special dividend) and Rs 6.20 per ‘A’ Ordinary Share of Rs 2 each (@ 310%) (Rs 3.10 normal dividend and Rs 3.10 special dividend) for the financial year ended March 31, 2024. The dividend, if declared at the AGM, shall be paid to the eligible shareholders on or before June 28, 2024,” states the filing to the exchanges.