Wellness Financial News

Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week.  

₹3.33 in April 2019. Meanwhile, it has soared over 6140 percent in 3 years (from ₹5.45 in April 2021). The scrip has also given multibagger returns this year so far as well as in the last one year.

weekend mark a time for celebration with Mother's Day on Sunday and World Cocktail Day, the very next day, offering a perfect opportunity to create delightful and innovative cocktails to honor your mom and beat the sweltering summer heat. These cocktails, crafted with a blend of scotch, single malt, vodka, Champagne, and a variety of refreshing ingredients, not only provide a cooling respite but also add an element of flair to any gathering or house party.

Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1.7 lakh crore over the next five years in its core oil refining, fuel marketing and petrochemical business as well as in clean energy such as hydrogen, its chairman G Krishnakumar said on Friday. As part of 'Project Aspire', a five-year strategic framework, BPCL plans to raise its oil refining capacity, augment petrochemical business and expand its presence in cleaner fuel space with an eye on energy transition and meeting country's fuel demand, he said at a post earnings investor call. «Our strategy is based on two fundamental pillars — 'Nurturing the Core'; and 'Investing in Future Big Bets'. We remain committed to our core businesses, which include the refining, marketing of petroleum products and upstream. In addition, we are focusing on our big bets, which comprise petrochemicals, gas, green energy, non-fuel retail, and digital,» Krishnakumar said. This will not just help meet the rising fuel demand of the world's fastest growing economy but also help the firm meet its target of achieving net zero carbon emissions by 2040.

Google has been slashing its workforce since early 2023, with several rounds of layoffs already completed and more anticipated. CEO Sundar Pichai stated that these difficult decisions are part of a meticulous process, emphasising the need for precision and care: "It's about taking the time to do it correctly and well." Speaking to Bloomberg, Pichai acknowledged the weight of his decisions at the helm of such a large organisation, stressing that while the decisions are fewer, they must be clear and well-founded. Google's strategy for managing these changes involves streamlining operations and reorganising teams.

Narendra Modi on Friday said some in the opposition want to bury him alive, but people of the country are his security shield and they won't let any harm come to him. Lashing out at the opposition Shiv Sena (UBT) headed by former Maharashtra CM Uddhav Thackeray, the BJP stalwart asserted the «nakli (fake) Shiv Sena» abuses him in such a way that it pleases its «favourite vote-bank». «The nakli Shiv Sena wants to bury me alive. They abuse me in such a way that it is liked by their favourite vote-bank. They also take a bomb blast accused for election campaigning,» Modi said while addressing a campaign rally in north Maharashtra's Nandurbar in support of BJP candidate Hina Gavit. The BJP on Thursday claimed 1993 serial bomb blasts accused Iqbal Musa alias Baba Chauhan was seen in a Lok Sabha campaign rally of Shiv Sena (UBT) Mumbai North West candidate Amol Kirtikar. The allegations were denied by Musa as well as Kirtikar, both of whom claimed they did not know each other. He maintained the opposition has lost people's support and trust, and that is why their political space is shrinking.

demat account, which you can open with a Depository Participant (DP) authorised by the Securities and Exchange Board of India (SEBI). A demat account allows you to hold securities in electronic form. DPs register the accounts with either the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL).

Hindustan Times, BCCI's recent attempts at scouting for a new head coach didn't go that well, as reputed coaches are shying away from devoting ten months of the year to a national team. Moreover, BCCI Secretary Jay Shah clarified that the board is seeking a long-term contract. "We are looking for a long-term coach, for three years," he said while speaking with select media on Thursday.

₹78,000. The intent and messaging of the scheme’s ‘300 free units’ is clear. The government aims to address energy equity, with the dual benefits of boosting household incomes and promoting energy security.

$4.67 billion by 2032 at a CAGR of 18.08%. Service providers say there is robust demand in both rural and urban areas but the coverage in India is still low. They believe that the need of the hour is to bridge the gap of accessibility to tap that demand.

Stock market today: After bleeding for the five straight sessions, the Indian stock market had a sigh of relief as there was some relief rally in early morning deals on Friday. However, the Indian volatility index, India VIX, continues to remain on the higher side. The India VIX today opened flat at 18.20, but the index soon gathered momentum and touched an intraday high of 18.66.

Bharat Electronics Ltd. traded 0.68 per cent higher in Friday's session at 12:43PM (IST). The stock opened at Rs 227.5 and has touched an intraday high and low of Rs 228.5 and Rs 223.15, respectively, during the session so far. The stock quoted a 52-week high of Rs 241.5 and a 52-week low of 105.75. About 1,192,559 shares changed hands on the counter so far.

Justin Bieber crooned ‘Baby, Baby, Baby Ooh’ to the top of the music charts. Today, the singing sensation is on the way to having a real baby of his own! Bieber and his wife Hailey Baldwin are expecting their first child. According to a TMZ report, Baldwin is six months pregnant. The couple took to Baldwin’s Instagram handle to break the good news to fans! They shared a sweet video as well as pictures from a professional photo shoot where they seemed to renew their vows! Baldwin looked ethereal in a flowing white dress and proudly showed off her baby bump. According to a press release produced by fashion giant Yves Saint Laurent, the vow renewal ceremony took place in Hawaii.

Akshaya Tritiya 2024: On account of falling US dollar rates and rise in the domestic demand, gold rate today witnessed sharp upside movement during early morning deals. Gold future contract on the Multi Commodity Exchange (MCX) for June 2024 expiry opened higher at ₹71,730 per 10 gm and touched an intraday high of ₹72,230 per 10 gm mark within fewe hours of the commodity market's opening bell.

Bharat Forge Ltd. traded 0.28 per cent higher in Friday's session at 11:21AM (IST). The stock opened at Rs 1421.65 and has touched an intraday high and low of Rs 1437.05 and Rs 1413.25, respectively, during the session so far. The stock quoted a 52-week high of Rs 1463.3 and a 52-week low of 753.1. About 28,289 shares changed hands on the counter so far.

Brokerages remain bullish on State Bank of India(SBI) after the lender made a swift recovery in earnings reporting a standalone net profit of Rs 20,698 crore in Q4, up 24% YoY. The estimates on the target price for SBI go as high as Rs 1,000. The profit was higher than the Street estimate of Rs 16,695 crore.

Sanjiv Bhasin, Director, IIFL Securities, says: “ This is the time to pull up your socks, ignore the fear and buy the stocks which you most wanted to and hopefully by Tuesday, Wednesday, we should be back to normalcy as far as the VIX goes and then we will take it with global cues.” Bhasin further says: “The pessimism on certain stocks and sectors has been overdone. Some of the largecap banks like HDFC, ICICI are looking very good, and of course, some of the PSUs. But the real killing will be in the commodity stocks. So, Coal India, Vedanta, NALCO, SAIL, Tata Steel basket is looking very strong. From their highs, the stocks have not even corrected 5%. If this market trends, which according to me on Tuesday, fingers crossed, then these stocks are headed to new highs. ” It is getting a little worse out here? When was the last time L&T fell that 6% or so and I am not even getting into other individual names here where the selling was excruciating. What is the strategy now? Do you throw in the towel and sell into the market or wait patiently because you see some recovery in store? Sanjiv Bhasin: What a week! Last Thursday, I was with you in Mumbai and we were hitting new highs and I told you to take some money off the table.

Barron Trump, the youngest child of former U.S. president Donald Trump, will make his political debut as one of Florida’s delegates to the Republican National Convention.

A man accused of killing three men who were on a surfing trip in Mexico allegedly confessed the crime to his girlfriend, according to testimony read in court Wednesday.

Hisashi Takeuchi, MD & CEO, Maruti Suzuki, says: We are also focusing on SUVs and introduced a series of SUVs last year. But this year, we have to revamp this hatchback also because we cannot keep the same model for such a long time.” On launching a premium hatchback in times of SUVs Hisashi Takeuchi: This new Epic New Swift, has a new design done from scratch, but it still holds the iconic DNA of Swift in the overall exterior as well as interior designs. But at the same time, we put one of the best engines into this. This is a new Z-Series engine. This is the biggest change of this car. This new Z-Series engine has a better fuel efficiency and less CO2 and even better drivability for Swifts at the same time. So, this is the biggest change of this car.

A top public relations executive from Chinese technology firm Baidu has apologized after she made comments that were seen as glorifying a culture of overwork