Wellness Financial News

By Leika Kihara, Takahiko Wada and Mariko Katsumura

Rakesh Sharma, ED, Bajaj Auto, says coming to exports recovery, in the last one or two quarters, we have bottomed out and have also sensed a slightly better flow of funds from overseas, but still have to watch a couple of quarters to see whether there is a substantive and sustainable recovery now well underway.” There are so many factors to look forward to, new launches in EVs, a recovery in exports, the growth in the CNG motorcycle launch. Let’s begin with the recovery that we have seen in exports, a 10% year-on-year growth. Can you build on this number and if so, which are the markets according to you that will really lead this growth? Rakesh Sharma: I must say that the exports recovery needs to be still watched for a couple of quarters. It is completely on the back of macroeconomic factors. Happily, in many countries, the informal exchange rate and the formal exchange rate are now finally converging, which allows the banking systems to support international trade though, of course, it is a serious devaluation in many countries which raises the ultimate purchase price and that has to be digested.

Investing.com-- Gold prices moved little in Asian trade on Wednesday, steadying from recent volatility as markets looked to the Federal Reserve for more cues on interest rate cuts in 2024.

LT Foods Ltd.(up 7.44%), Colgate-Palmolive(India)Ltd.(up 1.94%), Nestle India Ltd.(up 1.17%), Marico Ltd.(up 0.61%), Varun Beverages Ltd.(up 0.61%), Jyothy Labs Ltd.(up 0.34%), Zydus Wellness Ltd.(up 0.34%), Vadilal Industries Ltd.(up 0.16%), Bajaj Consumer Care Ltd.(up 0.14%) and Nakoda Group Of Industries Ltd.(up 0.10%) were among the top gainers.

MphasiS Ltd. traded 0.24 per cent lower in Wednesday's session at 11:16AM (IST). The stock opened at Rs 2365.65 and has touched an intraday high and low of Rs 2424.75 and Rs 2365.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 2835.0 and a 52-week low of 1660.65. About 3,495 shares changed hands on the counter so far.

Also Read: Why regular pay is better for life insurance premium According to a Nasscom report, By 2030, millennials and Gen Z will account for half of India’s population. As of 2021, the share of millennials and Gen Z in India was higher than the world average.

With real estate ebbing and flowing on all fronts over the past several months, just how viable is it for advisors to consider the sector as part of their allocation arsenal?

An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures.

Thirty-five-year-old agriculture scientist Shruti Mishra boasts of a high credit score of 750.  When she applied for a car loan two months ago, not only her case was approved in a couple of days but was offered loan at the least possible rate of interest which that bank could offer.  

Home invasions are a growing concern in Canada, with increasing reports of break-ins for auto thefts and residential burglaries in some big Canadian cities.

Chipotle Mexican Grill (NYSE:CMG) stock is gaining around 6% late into the after-hours session on Tuesday, after the company announced its first ever share split.

MUMBAI: Sterling and Wilson, an engineering, procurement and construction company of the Shapoorji Pallonji Group, will raise ₹700 crore from a group of strategic investors through a stake sale in its data centre business, senior company officials said. «The modalities of stake sale are still under discussion, but the strategic investors (more than one) have agreed to bring in ₹700 crore into Sterling and Wilson,» Prasanna Sarambale, CEO of data centre business at Sterling and Wilson (SWPL), told ET. For this purpose, the company will hive off the data centre business — created in 2015 — as a separate entity, he said. The company will use the proceeds from stake sale to pare overall group debt as well as towards growth capital, Sarambale said.

Voyant, a leading SaaS provider of wealth management, wellness, and client digital engagement solutions, has unveiled new tools to enhance advisors’ ability to guide better financial decisions.

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot in terms of changing the outlook for monetary policy.

India is at the top of the chart for global investors, said HSBC India CEO Hitendra Dave. The absence of global banks in Indian retail lending and the soaring wealth effect of the Indian middle class have provided a springboard for HSBC India to become the vital lever of growth for the British bank, Dave said in an interview with Bhaskar Dutta and MC Govardhana Rangan. Edited excerpts: Among global banks, with Citi exiting retail, you are alone in the competitive retail space. What is it that you are seeing that others don't? My sense is that there is place for only one international bank to have the ambitions and market-share aspirations of a local bank while continuing to operate as an international bank — be it governance, structure, product, technology, and servicing. What distinguishes us is just the totality of all these things — the aspirations of a local, private bank but operations like an international bank. It is very important to have the emotional connection of a domestic bank. I can't judge myself, but I think we are that international bank. When you talk to large customers, if you ask them which is that one international bank which is ticking these boxes? I hope most people will say HSBC.

NEW YORK (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) is not expecting to receive shipments of Nvidia (NASDAQ:NVDA)'s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters.

Maharashtra and Rajasthan are among India’s large states in terms of population. The former is also among the most prosperous, with its economic growth driven by the services sector, primarily financial and IT services. The state accounted for over one-third of all direct tax collections in the country and around 15% of the GST mop-up last fiscal year.

There are many reasons Apple Inc’s stock hasn’t been so hot lately, but a big one is that investors at large feel the American company [which sparked off the personal computer revolution in the 1980s and then put smartphones in people’s hands two decades later to shift our relationship with hi-tech gadgetry once again] lacks a compelling ‘story’ on artificial intelligence (AI). By that, they mean Chief Executive Officer Tim Cook doesn’t seem as if he has much of a plan. Google, to its credit, does have an AI story.

Their connection with pro-Khalistan elements became evident when jail authorities last month recovered a smartphone with SIM, a keypad phone, a TV remote with keyboard, a spy cam pen, pen drives, Bluetooth headphones, speakers and a smartwatch from jailed pro-Khalistan leader Amritpal Singh, said the National Investigation Agency (NIA). In this part, ET takes a look at how a gangster syndicate along with suspected terrorists continue to operate inside the jails.

judicial intent of better informing voter choice through disclosures about electoral bonds (EBs) is obviously welcome. But here's the thing — could it lead to a perverse outcome of driving corporate donations to political parties further underground during the upcoming elections? Corporate donations through EBs were premised upon a layer of anonymity by maintaining uncorrelated lists of donors and recipients. If this correlation is established through additional information provided by issuer of the bonds, SBI, companies face the prospect of loss of reputation, or even litigation.

Maharashtra Deputy Chief Minister Ajit Pawar on Tuesday gave an undertaking to the Supreme Court that the Nationalist Congress Party (NCP) led by him will not use the name or picture of party founder Sharad Pawar on banners, posters or any election material. Ajit Pawar had spllit the NCP in July last year and walked away with a majority of MLAs to join the BJP-Shiv Sena government led by Eknath Shinde. He furnished an undertaking before a bench of Justices Surya Kant and KV Viswanathan pursuant to a March 14 order by the apex court. «The Respondent has duly instructed the rank and file of the party to refrain from using the photographs or name of Sharad Pawar on any poster/banner of Nationalist Congress Party,» the undertaking said.