Wellness Financial News

There are many things which keep people in the investment banking industry.  Money, forexample.  Also, the prospect of more money, and the threat of losing deferred money. There’s also interesting work and pleasant colleagues, for some lucky bankers.  But, as former Goldman Sachs banker Cassindy Chao is refreshingly honest to admit, another thing that keeps people in the industry when they might otherwise be tempted to get out is the sheer psychological trauma of seeing friends and acquaintances get much richer than you. This is especially so when those people were formerly your juniors. 

After announcing itsfirst quarter results last month, Goldman Sachs today released its Form 10-Q. It confirms some things that were known already, and adds several new ones.

infrastructure-led growth agenda, a report said on Monday. As per the data released by the Indian Construction Equipment Manufacturers' Association (ICEMA), the construction equipment (CE) industry had sold 1,07,779 units in the previous fiscal year. «With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian Construction Equipment industry has recorded a 26 per cent increase in overall sales volume for the financial year 2023-24, surpassing all projections,» it said. The statement further said the government's infra-led growth agenda and pre-election impetus on projects in the pipeline triggered positive growth in all five major construction equipment segments.

video game is heading to a device near you. It's time to play the video game on PlayStation 5, Nintendo Switch and PC. Video Games 101 teaches us that if you have to go underground, you’re going to be attacked by all sorts of ghastly beasts. "Animal Well" video game, from indie publisher Bigmode, takes a different approach. This cave has some creatures you might not expect, like flamingos and kangaroos, and some of them are helpful rather than hostile.

The pre-owned category on the platform is a strategic focus. In its continuous effort to make unique and rare pre-owned pieces easily available to people across the country, the platform will be onboarding various partners to offer products across categories.

₹20 for a 250ml bottle, it is the country’s first affordable energy drink. It is also low on sugar—6.8gm to Sprite’s 9.5gm and Red Bull’s 11gm per 100ml of serving. However, its relatively high caffeine—72mg—acts as a stimulant and makes it edgy.

₹4,014 crore. Profit fell 3.7% year-on-year to ₹536.61 crore. For the fiscal year ended March, consolidated revenue grew 3.5% to ₹16,546 crore.

In India's diverse market of wellness beverages, selecting the finest neem juice can be daunting. Join us on a journey through the top contenders in India's neem juice market, as we delve into brands that prioritize purity, potency, and the rich heritage of this sacred botanical, offering a blend of tradition and modern wellness.

Basavaraj Bommai and Jagadish Shettar and AICC President Mallikarjuna Kharge's son-in-law Radhakrishna Doddamani are among the 227 candidates facing the polls in the 14 constituencies in north Karnataka on Tuesday. Ministers Lakshmi Hebbalkar, Shivanand Patil, Eshwar Khandre and Satish Jarkiholi and seeking to launch their sons and daughters in electoral politics with the LS polls. About 2.59 crore electors will cast their vote at 28,269 polling stations where voting will take place between 7 am to 6 pm.

Berkshire Hathaway shares rose in premarket trading Monday after Warren Buffett's conglomerate reported a surge in operating earnings as well as a record cash hoard.

Stocks made small gains in holiday-thinned trading as traders turned their attention to a line-up of central bank speeches this week. 

A spoon of ghee/butter in coffee is good for health:This is a topic of debate in the health and wellness world, says Shalini Garwin Bliss, executive dietician at Manipal Hospital in Gurugram. She notes that proponents of this argue that the healthy fats in ghee or butter can provide a slow-release source of energy and promote satiety. However, Chandni Haldurai, the head nutritionist at Cult Fit, warns against doing this, no matter how delicious it sounds.

The irony of an AI iPhone is that it could also help one company that Apple is least interested in helping. Investors are increasingly enthusiastic about such a device following Apple’s latest earnings. Those results showed a pronounced weakness in iPhone revenue during the March quarter, but that was already expected, and the company cushioned the news with a generous stock buyback.

Mint found out about two fintechs—ANQ Finance and GoSats.io— that offer digital gold and bitcoin as rewards for any spending done via their prepaid cards. Both the fintechs suggested that traditional card cashbacks are in the form of reward points which need to be accumulated for benefits that , however, depreciate over time. And it happens frequently whenever card issuers go in for devaluations of their popular cards, as in the case of Axis Magnus or HDFC Infinia.

Virat Kohli gifted his signed jersey to spinner Noor Ahmed, who clinched two crucial wickets during the match, including Virat Kohli's. "Dear Noor, well bowled. I wish you the best!" Virat Kohli wrote on the jersey with his signature.

PwC’s Integrated Accounts Payable Engine: This is a complete solution to drive touchless, paperless invoice processing with in-built tax compliance at the transaction level. It has an AI-based invoice reading solution and workflow to handle invoices (purchase order (PO) and non-PO based) and a supplier portal with 50+ other features. This GenAI-enabled tool can be used to handle vendor queries as well as onboarding and matching processes.

financial year 2024-2025, all eyes are on the Reserve Bank of India and its actions that will shape the country's economic landscape. With the first monetary policy committee meeting for FY25 being on the hawkish side, the market is eager to gauge how and when will the central bank's stance change amidst the inflationary pressure sustaining.

Anil Gupta, Sr VP & Co-Group Head-Financial Sector Ratings, ICRA, in conversation with ET Now on RBI proposal for tighter project finance rules. Gupta says “given the market reaction, there could be a case where maybe more clarification will emerge as to whether 5% provision requirement is on the entire under-construction portfolio of the lenders or not. Our reading is that it is only for the cases where the project is under construction and has sought a DCCO extension. If that clarification comes, it should not be really negative for the sector because it is only a positive from the balance sheet perspective of the lenders that you are taking care of the risk which has gone up because of DCCO extension. It should not be negative for the credit flow. Seeing the implication of the RBI proposal for tighter project finance rules play out on the likes of an REC and PFC, gives us a sense of the negative implication for such Anil Gupta: Basically, the regulation which has come out is harmonising the guidelines which were there for banks and NBFCs earlier. For example, today if a project defers its DCCO and that deferment is within a period of two years, the standard asset provisioning norm for a bank is 0.4% and for an NBFC it is 0.25%. Now what this circular is saying is that even if there is a deferment of DCCO within a period of two years, because there have been some deterioration in the project fundamentals, the standard asset provisioning should increase to 5%.

Shares of Avenue Supermarts traded lackluster after a 22% year-on-year (YoY) jump in its March quarter net profit failed to impress Dalal Street investors. Post its quarterly earnings, JPMorgan upgraded the stock and raised its price target price. Domestic brokerage Motilal Oswal and Prabhudas Lilladher maintained their buy ratings while Nuvama and Kotak Institutional Equities retained their 'Hold' and 'Sell' stance.

«We are always going to have an exposure to new energy vehicle companies because a lot of innovation comes from those companies but there are some volatility issues that we have to grapple with and I think we have successfully done that in the context of the last fiscal year. So, we are very pleased with FY24 and the solid finish to the year that we had in Q4,» says Warren Harris, CEO & MD, Tata Tech. What has led to the revenue softness in the fourth quarter, especially the services segment for you? I would challenge the perception that growth has not been strong. If we look at the full year, we grew our business by 15.9% in Indian rupees. If we look at services specifically, we grew over 13%. I signalled in January that we had some runoff at VinFast as we transitioned from the completion of our engineering work to launch support.

«Actually, the intrinsic opportunity for the jewellery business of Titan is very-very strong. And I think post the election, there will be a certain stable demand as well,» says CK Venkataraman, MD, Titan Company. If I put the numbers in perspective for our viewers and looking at what brokerages have said, brokerages are of the view that for Titan it is an okay quarter, it is not like a grand quarter. Perhaps, they were expecting a bit more. They are of the view that gold prices and competition has increased which in a sense was the problem point for Titan for the quarter gone by and could linger along for next couple of quarters. Is that true? Actually, we have certainly been investing a fair amount in growth. Growth has been our focus mantra for a while. And yes, the kind of sales growth that the quarters saw and what was announced also a few weeks back, the margin growth, I guess was not in line with that expectation.