Wellness Financial News

Maryland Motor Truck Association President and CEO Louis Campion on the recovery and impact on the trucking industry from the Francis Scott Key Bridge collapse.

—Name withheld on request When it comes to insuring your senior citizen parents, it's crucial to choose the right health insurance plan. Now, you might be considering a family floater plan that covers everyone under a single policy. It sounds convenient, right? Well, not always.

80D deduction works for you and its eligibility. 80D deduction is a section of the Income Tax Act that allows taxpayers who make payments for health insurance to get a deduction. Single policyholders and Hindu Undivided Families in this part can save a certain amount of money on taxes for health insurance payments.

Jewellers are expecting Akshaya Tritiya sales to pick up as the prices of gold have softened a bit from Rs 73,000 per 10 gm level and are currently hovering around Rs 71,650 per 10 gm. Demand for everyday wear diamond jewellery as well as solitaires is also set to pick up, the trade expects.

BEFE is creating a strong buzz in the crypto-sphere due to its robust community, unique value proposition, and potential for riding the post-Bitcoin-halving wave. Here’s why BEFE is the next meme coin on the rise:

In the crypto market today, there’s a growing list of altcoins in circulation, which ultimately confuses most investors as they don’t understand which project to trust. That’s why investors who don’t want to take any chances try their best to observe the performances of altcoins before making any move. Bitgert coin has recently been enjoying an increase in value, which is drawing the interest of strategic investors to the token.

₹13.70 per equity share. SBI’s provisions in Q4FY24 came down, while its asset quality also improved. The bank’s credit growth as well as deposit growth during the quarter ended March 2024 remained strong.

Larsen and Toubro on Thursday announced that it was elevating R Shankar Raman as the Preaident of the engineering and construction conglomerate. Post the promotion, Raman will continue to hold the position of the whole-time Director and CFO of the company as well. The company's Senior Executive Vice President (EVP), Energy, Subramanian Sarma has been elevated to whole-time Director and President, Energy.

Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago and giving the French startup added fuel to challenge Silicon Valley giants in the artificial-intelligence race. Existing backers General Catalyst and Lightspeed Venture Partners are expected to be among the biggest investors in the new funding round, in which Mistral is set to raise around $600 million, according to people familiar with the situation.

generic drugmaker Alembic Pharma reported a 17% rise in fourth-quarter profit on Thursday, driven by strong sales, especially in the key North American market. Consolidated profit rose to 1.78 billion rupees ($21.3 million) in the three months ended March 31, from 1.53 billion rupees a year earlier.

Popular trading platform Robinhood has experienced a substantial increase in crypto trading volumes during the first quarter, with a surge of 224% to reach $36 billion.

₹18,917.08 crore in April against ₹22,633 crore a month ago, shows the data released by the Association of Mutual Funds in India (AMFI). This decline was attributed to fresh selling in large cap funds.

ANI, the Kerala Governor added, "I have come here before also but now I will get a chance to have a formal darshan. It feels great to be here and it gives me immense peace.

Also read: Investors may find Dennis Woodside a better chief for Freshworks The Q1 FY24 results show 3% rise in revenues QoQ and losses had dropped to $23 mn versus losses of $28 mn in Q4FY23. The current guidance is that 2024 revenue will hit the band between $695 million to $705 million, with year-on-year growth of 17-18%, slightly lower than the 18-19% revenue growth the company had projected in February. Non-GAAP operating profit jumped to $21.8 million in Q1FY24 from $3.9 million in the year-ago period.

₹4,396 crore from ₹3,987 crore in the same period the previous year. In comparison to the revenues of ₹58,335 crore recorded in the same period last year, the multinational infrastructure conglomerate's revenue from operations increased by 15% to ₹67,078.7 crore in Q4FY24. The focus remained on order in flows as well as revenue and margin guidance by Larsen & Toubro (L&T).

Also Read: IAF Convoy Attack Highlights: 1 soldier killed after terrorist attack IAF convoy in J&K's Poonch; search on On Tuesday, two terrorists, including wanted terrorist of Lashkar-e-Toiba Basit Dar, were killed in an encounter in the area. The third terrorist was killed in the Redwani Payeen area on Wednesday.

₹300 to ₹315 per share. Tuesday, May 7, saw the Aadhar Housing Finance IPO raise Rs. 898 crore from anchor investors.

An employee onboard a cruise ship was arrested by FBI officials in Juneau, Alaska, on Tuesday after he allegedly stabbed three people on the vessel with scissors.

Rahul Shah, VP-Equity Advisory, MOFSL, says: “My sense so far is that volatility has continued but I would start deploying or maybe we will stay invested. So far in the result season except for IT, the numbers have been so far so good. So, I do not think that there are any challenges or anything in terms of the deviation from the numbers that we were expecting. Financials have been among the top notch bets that we have been recommending, PSU banks are a preferred bet followed by private banks. One should start looking at financials.” What are you doing in this kind of correction that we have seen over the last three to four trading sessions? Are you keeping the buying list ready and buying those stocks or do you expect the sideways move to continue in the market and keep your powder dry? Rahul Shah: There are two-three factors to consider. Most important factor: volatility is in the front seat. In the last five-six sessions, the market has been very volatile and obviously we saw some correction in the last two-three days as well. So, our sense is few select pockets we have been seeing selling and especially from financials we have seen a lot of them have given up their gains in last four-five sessions and obviously PSU remains the top where we have seen a lot of selling happening.

Paytm Payments Bank (PPBL) has migrated its bill payment business to Euronet Services India, said two people in the know. This comes after the shifting of PPBL’s retail point of sales business to RBL Bank and the settlement business for merchant payments to Axis Bank. Euronet is an American payment technology company handling backend settlement systems for several digital payment modes in India.

As Shiba Inu (SHIB) threatens a bearish breakout of a key technical pattern, investors are moving their attention to a new ICO as they target 1000% returns that they are unlikely to get with SHIB.