Wellness Financial News

Purple Cap IPL 2024: Mumbai Indians star pacer Jasprit Bumrah provided his team with a wonderful start against Punjab Kings as he cooperated well with pacer Gerald Coetzee and the duo clinched 4 wickets on a low score of 14 runs. With two wonderful wickets each, Jasprit Bumrah and Gerald Coetzee witnessed promotions in their rankings to the race of Purple Cap. Punjab Kings pacer Arshdeep Singh is in the 10th position in the race for the Purple Cap with 9 wickets in 7 matches, where he conceded 240 runs.

Canadians who own cottages and other recreational properties may be contemplating their options after Tuesday’s federal budget raised the capital gains tax on annual amounts in excess of $250,000.

In contrast to the United States Federal Reserve, the Bank of Canada is running out of excuses to keep from acting as the proverbial deer in the headlights. The economy here is far weaker, fiscal policy is far less stimulative even with the spending largess in the federal budget, and there’s much more spare capacity being built up, particularly in the labour market.

Rohit Sharma, who slammed his second IPL century this season and is placed among the top three run scorers in this season so far. Rohit Sharma's 6,500-run IPL record came in his 250th match in the cash-rich league. Rohit Sharma played a wonderful 36-run innings against Punjab Kings and provided his team with another solid start.

A huge fraud website used by thousands of criminals to trick people into handing over personal information such as email addresses, passwords, and bank details, has been infiltrated by international police.

After more than 17 years at Jupiter, Whitmore is set to exit the asset manager to establish his own investment boutique by the end of July, at which point he will hand over management of Jupiter's UK Special Situations fund, as well as its Income and Global Value trusts. Craig Baker, WTW's CIO and investment committee chair, said that despite the firm's «high regard» for Whitmore's skill as an investor, this change of circumstances introduces potential risks which «will take time to fully assess».  «We have therefore decided to replace Ben's allocation with one run by another stock pi...

scientists have shown that Bharat can be the space ace. Addressing the Indian Defspace Symposium 2024 here, Admiral Kumar said that our space sector is leading the charge at escape velocity, «With Elon Musk's impending visit and the government of India's announcement of the 100 per cent FDI for components, systems, subsystems, and the 49 per cent FDI for launch vehicles and associated systems and subsystems, it isn't now rocket science to realize that Bharat traverses the Amritkaal, our space sector is leading the charge at escape velocity. The space sector and scientists today represent the spirit of a resurgent Bharat. Despite the countless challenges and denial of technology, our scientists have shown that Bharat can be the space ace,» he said.

Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts, says “will look for opportunities on the sell side as and when markets turn higher. The easy segment to target there is the weakest one, which has been financials, in terms of not performing that well on the upside. Of course, they have not fallen like the IT sector. But because the IT sector has already fallen a lot, it would not be the space to look for shorting opportunities right away. But in banking, once there is a bounce over the next one to two days, I will look for opportunities across the stocks based on what the setups are.” Is this recovery something that we should be excited about and believe that a floor has been made or is there still time to perhaps factor that in? Rohit Srivastava: This might just be a counter trend bounce which means it is just a retracement of the fall that we have seen over the last five days and possibly there could be more downside risk in the days ahead because what appears to have started as a sell-off in global equities on the back of rising bond yields, I do not think that trend is completely over. It makes me think that further pressure will build up in the days to come but we did get extremely oversold in a very short term and a one- to two-day bounce back is a good thing to relieve that very short-term pressure. Overall, this remains a sell-on-rise market and we will see lower levels in the days ahead.

ICICI Lombard shares rose 5% to Rs 1736 on Thursday after the company reported a nearly 19% year-on-year (YoY) growth in PAT at Rs 520 crore in the quarter ended March as compared to Rs 437 crore in Q4FY23. The company reported a gross direct premium income (GDPI) of Rs 224,770 crore in FY24 compared to nearly Rs 2,100 crore in FY23, a growth of 17.8%, which was higher than the industry growth of 12.8%.

«So, all the market dynamics are good for a good growth even in the coming year. But with macroeconomic conditions, we never know where the market will turn,» says Nirupa Shankar, Joint MD, Brigade Group. This kind of growth that we have seen for the last couple of years has been nothing less of a dream for the real estate companies. But now there is that nervousness coming in, is the best over? Is the bubble going to burst soon? What is your take? We just to want to enjoy what has just happened in the last couple of years. Of course, it is a new year, so new goals and new targets. But the real estate segment is seeing decadal highs.

Sunita Kejriwal, will participate in the INDIA bloc's «Nyay Ulgulan Rally,» to be held on April 21 in Jharkhand's Ranchi. According to the party sources, Punjab Chief Minister Bhagwant Mann and AAP MP Sanjay Singh will also participate in this rally of the INDIA bloc. Earlier, Jharkhand Mukti Morcha (JMM) held a meeting regarding the preparations for the INDIA bloc's Nyay Ulgulan Rally.

Colgate-Palmolive (India) Ltd. slipped 1.33 per cent to Rs 2665.0 in Thursday's trade as of 01:39PM (IST). It hit a high of Rs 2718.95 and low of Rs 2665.0 during the session. The stock quoted a 52-week high price of Rs 2813.8 and a low of Rs 1520.3. The return on equity for the stock stood at 60.84 per cent. About 3,875 shares have changed hands on the counter so far.

Sabyasachi Majumdar, Senior Director, CARE Ratings, the power sector is expected to have ample availability of electricity from thermal, gas, wind, and solar sources. The assurance lies in the willingness of distribution companies to pay for the power they receive. The current season is particularly favorable for wind and solar power generation. Unlike the supply constraints seen in CY21 and CY22, the upcoming year is anticipated to have a sufficient supply of electricity without absolute constraints. This positive outlook is a welcome change for the energy sector. Give us a sense as to what the overall outlook for the sector and the country as a whole given that we understand that peak power demand is expected to hit 260 megawatts this summer. Are we prepared for it? Sabyasachi Majumdar: We have a peak demand of 260 gigawatts. On the supply side, we have close to 250 gigawatts of thermal capacity which includes both coal as well as gas. In addition, we have about 17 gigawatts of capacity, about seven to eight gigawatts of nuclear and about 10 gigawatts of biomass and cogen and these are all capable of running as baseload stations.

Ram Navami clashes that left four people injured in Murshidabad. He has written a letter to Governor Ananda Bose and sought the National Investigation Agency (NIA) probe into the violence. In a post on X (formerly Twitter), Adhikari wrote, “The Ram Navami Processions were disrupted and attacked at various places across the State of West Bengal, due to the CM's provocative speech…their hands have been tied due to CM's public stance on Ram Navami; a day, which according to her, “Is a day for Rioting"." “I have written a letter to the Hon'ble Governor; Dr.

Punjab Kings lost their last match against Rajasthan Royals on their home turf in a closely contested encounter. Placed in to bat under the captaincy of Sam Curran, PBKS posted a miserly total of 147 runs in their 20 overs, but some fine bowling from Kagiso Rabada, Sam Curran and company brought Punjab Kings back into the game, only for Shemron Hetmeyer to take the Royals home in the final over of the match. Meanwhile, Mumbai were thrashed in their final match at the Wankhede against arch-rivals Chennai Super Kings.

Read here: Tata Motors vs M&M: Which auto major should you pick for the long term? Amidst this favorable landscape, let's compare Coal India (CIL) and NTPC to discern which PSU stock offers superior long-term investment prospects. Coal India as well as NTPC have underperformed benchmark Nifty PSE this year so far but CIL is the better performer between the two. CIL has risen over 20 percent in 2024 YTD while NTPC is up over 15 percent.

Bushra Bibi. PTI reported that Bushra Bibi, 49, was convicted in a corruption case as well as in the case of illegal marriage with Khan, 71, and is currently held in detention at their Bani Gala residence in the suburbs of Islamabad. Imran Khan in a conversation with journalists at Adiala Jail where he is currently incarcerated hurled allegations against the army chief, according to a long post uploaded on Khan's official X account.

The campaigning for the first and largest phase of the Lok Sabha elections, in which 102 constituencies across 21 states and Union territories will go to polls, ended on Wednesday. Before the campaigning ended, PM Modi invoked Lord Ram on the occasion of Ram Navami and said he is approaching the people with the “guarantee” for a third straight term in office.

Duke of Sussex Prince Harry seems to be completely alienated from the British royal family. In the latest act of defiance and separation from his ailing father King Charles III, Harry has officially renounced his British residency and announced that the US is his home. Claiming to have obtained the related document, 'The Daily Mail' has reported that the prince has declared that his «new country/state» was now the 'United States'.

Train number 06005/06006, the Dr. MGR Chennai Central train, will depart at 5:35 am on April 18 (Thursday) and April 20 (Saturday). It is scheduled to arrive at its destination, Whitefield, at noon on the same day.

Q4 results 2024: After the announcement of Tata Consultancy Services or TCS results for Q4FY24, the market is eagerly waiting for the other Indian IT company's results for the recently ended March 2024 quarter. According to stock market experts, Infosys management may deliver a 'modest' guidance for the the financial year 2024-25.