Wellness Financial News

Seven months after $4.5 billion was newly injected into the Vayupak Fund, analysts have been left perplexed by how little it’s helped the benchmark SET Index. The stock gauge has tumbled more than 16% this year, making it the world’s worst performer among 92 indexes tracked by Bloomberg. Over the past 12 months, foreigners pulled out $4.2 billion, the most across Southeast Asia.

Paris Saint-Germain completed a fine week by beating bitter rivals Marseille 3-1 on Sunday to take a big step towards another Ligue 1 title, while the clash between relegation battlers Montpellier and Saint-Etienne was abandoned due to crowd trouble. PSG followed their Champions League victory over Liverpool on Tuesday by getting the better of Marseille at the Parc des Princes in a meeting of the top two in Ligue 1. Ousmane Dembele continued his prolific recent form by scoring the opener and Nuno Mendes made it 2-0 for PSG before half-time, with Pol Lirola's own goal securing victory in the second half after Amine Gouiri had pulled one back. Luis Enrique's side are still unbeaten after 26 games in Ligue 1 this season and now lead Marseille by a mammoth 19 points at the top with eight matches to play. It means PSG could be crowned champions for the 11th time in 13 seasons during the next round of games on the last weekend in March.

Subscribe to enjoy similar stories. United Breweries Ltd., one of India’s largest beer makers, is betting on its premium brands like Kingfisher Ultra to drive growth even as rising taxes in key states, including Telangana, Karnataka, and Rajasthan, threaten to offset a potential boost from a prolonged summer. After disruptions during the general elections last fiscal impacted production and shipments across the sector, an early and longer summer this year is “going to be more helpful as it will lead to more consumption from a macro standpoint", said Vivek Gupta, managing director and CEO of Dutch parent Heineken-controlled United Breweries.

Donald Trump to create a “strategic Bitcoin reserve and digital assets stockpile” has sent the crypto enthusiasts in India into a tizzy. Hoping to cash in on what they believe could be the next big rally, they have led a surge in trading volumes, with CoinDCX reporting a 36% hike and Mudrex registering a 30% spike. While the reserve will only include Bitcoin, already owned by the US government, not acquired or actively bought, the digital asset stockpile will consist of tokens other than the Bitcoin—Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA), which will also not be acquired. The announcement is significant because it’s the first time that Bitcoin has been recognised as a reserve asset of the US government. “This sends a powerful message to the world about how blockchain and digital assets are becoming mainstream,” says Sumit Gupta, co-founder of CoinDCX. Agrees Edul Patel, Co-founder of Mudrex: “There is a strong future for crypto and Bitcoin globally, not just in the US.”

It’s a temporary, but prolonged, period of economic decline, marked by a slowdown in industrial production, and a fall in consumer spending, sales, and employment. Technically, this fall in economic activity, or negative growth in gross domestic product, should last at least two consecutive quarters, that is, six months, for it to qualify as a recession. Recession is considered an intrinsic part of an economic or business cycle, starting when the economy reaches a peak and ending when it touches a bottom or trough. There are several triggers or causes for a recession and various indicators that can hint at an impending slowdown. <div data-placement=«Mid Article Thumbn

2.With the increasing frequency and sophistication of cyber attacks, this has become essential for businesses of all sizes as well as individuals. 3.It covers first-party liabilities that include direct financial losses, business interruption costs, recovery costs, and credit monitoring. 4.It also covers third-party liabilities, including legal liabilities arising from data breaches, defamation, intellectual property rights infringement, and lawsuits. 5. Several insurance companies offer a range of policies for individuals, families, and businesses to protect against cyber threats.

antiques, paintings, chinaware and jewellery. Why was he unhappy? Inheritance is money one has not earned. Not everyone is pleased with the windfall. There was a time when the outlook for the future seemed bleak in the minds of the younger generation. Widespread unemployment, poverty and scarcity made many believe that becoming rich was tough, if not impossible. We now live in times when the younger generation is more confident, positive and capable of earning and living well. So, don’t they need their parents’ wealth? Wealth is welcome, but not as unconditionally as before. The younger generation is not desperate, eager to grab what has been left behind, and devise quick ways to use it. If feeling guilty about the largesse seems surprising, being confused, exhausted and isolated is real. Imagine inheriting a bungalow full of stuff that one has to spend days sifting through. One does not even know if something is valuable, and whether there is a market for a seemingly exotic painting.

Crisil's chief executive Amish Mehta said that the rating firm's work depends on the findings of the auditor, who has greater access to information and the disclosures made by rated companies. Speaking to ET, he also pointed out, without naming any borrower, that a sharp stock price movement does not mean they have to put out statements on the rated issue, but if a 'material event' is triggered, Crisil has consistently issued statements in seven days. Edited excerpts: What are the additional steps Crisil has taken to ensure the data provided by rated companies are genuine and authentic? First and foremost, we are not forensic accountants. The way we carry out our business is, we have a contractual arrangement with the issuer to rate based on the information they have furnished to us, which is essentially audited, and management interaction. Separately, we try to triangulate that with publicly available information, benchmarks with peers, talk to bankers, and look at GST data.

«The idea is that CKYCR should become a single source of truth for KYC and serve as a dynamic single repository under a universal KYC framework,» said an official requesting anonymity, adding that besides integration for all public sector banks, the common video KYC hub will enhance convenience for customers as well. The government wants regulated entities, including insurers and pension funds, to ensure that their systems are integrated to access CKYCR, which acts as a golden record, rather than uploading new documents and getting fresh verifications.

inflation expectations and easing interest rates. But it's being driven principally by central bank purchases to reduce exposure of reserves to dollar volatility. Investment and institutional demand for gold will remain strong till financial markets stabilise.

IPO comprises fresh issue of equity shares aggregating up to Rs 190 crore and an offer for sale (OFS) of 71.55 lakh equity shares by promoters, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS are Kantilal Ramanlal Patel and Manisha Bipin Patel.

The Pakistan batting crumbled against the New Zealand pace attack and the tourists were all out for 91 in 18.4 overs, its fifth-lowest total in T20 internationals. New Zealand easily ran down that total, reaching 92-1 from 10.1 overs with Tim Seifert making 44 from 29 balls and Finn Allen 29 from 17. Tim Robinson was 18 not out and took two runs from the first ball of the 11th over to complete the win. «It was obviously difficult and we weren't up to the mark,» Ali Agha said. «They bowled really well. They were bowling in the right areas and there was swing and seam for them as well. »But out batting wasn't up to the mark. We have won day before the next game and we will try to gather ourselves and be better in the next game."

Nifty IT has entered a bear market amid concerns of a US slowdown, breaking key technical supports, including the widening wedge pattern and the 61.8% Fibonacci retracement level. «Last time when a similar downside happened in Nifty IT in April 2000, we saw 44% fall since the break of Fibonacci golden ratio. Similar breakout favoring downsides are seen in heavyweights like Infosys, Wipro, HCL Tech, LTIMindtree and Tech Mahindra which are expected to trigger more downsides in the index,» said Anand James, Chief Market Strategist, Geojit Financial Services.

Chennai after experiencing an unexpected bout of chest discomfort. The legendary musician and Academy Award-winning composer is currently receiving treatment at Apollo Hospital, where a team of doctors is attentively monitoring his condition. According to medical sources, Rahman is responding well to treatment and is likely to be discharged by midday. Reports indicate that he initially complained of pain in his neck and opted to undergo a medical examination upon returning from an international trip. Further updates regarding his health are anticipated soon. This development follows a recent health scare involving Rahman’s former spouse, Saira Banu, who was hospitalized a few weeks ago due to a medical crisis. It has been reported that she had to undergo a surgical procedure as part of her treatment. After her hospitalization, Saira issued an official health update through a statement released by her legal representative, Vandana Shah.

Ainapur Hobli village in Kalaburagi recorded the highest temperature in the last 24 hours at 42.8°C. Speaking in Raichur, the minister said, «With rising temperatures, the government may change work timings for government offices. Officers should avoid field visits in the afternoon, and employees should not go out between 12 noon and 3 pm. Work should be done in the morning or evening. Raichur is seeing temperatures close to 43-44°C.» He also advised schools and institutions to take precautions. «Eat well, stay hydrated, and avoid dehydration. Government hospitals are prepared to handle heat-related issues,» he added. According to IMD, temperatures in North Interior Karnataka are expected to rise by 2-4°C between March 15 and 17, with a heatwave warning in some areas on March 18 and 19.

Uber Technologies is in early stages of discussions to acquire BluSmart Mobility, the Gurugram-based all-electric cab service operator, two people in the know said. A deal could help Uber increase its presence in the growing space for electric cabs in India as well as signal consolidation in the urban mobility industry. The discussions come at a time when Gensol Engineering, the solar engineering procurement and construction company promoted by BluSmart cofounder Anmol Singh Jaggi, is facing liquidity issues. “Uber is scoping out BluSmart’s assets...particularly the electric vehicle fleet, which could help shore up its presence in the segment,” one of the people said.

Left and democratic forces" against both the TMC and the BJP, party leader Prakash Karat has said. He added that no discussions had been held on whether the Left Front and the Congress would contest the assembly polls, due in 2026, in an alliance. In an interview with PTI, the CPI(M) interim coordinator stressed that the party losing ground in West Bengal was a major reason behind its declining electoral strength. The CPI(M) is focusing on working among the rural poor to regain its traditional support base, Karat said. Asked about the party's standing in West Bengal, which the CPI(M)-led Left Front governed for 34 years between 1977 and 2011 before losing to the TMC, the veteran leader highlighted the recent mobilisations of youngsters, including during the protests against the RG Kar rape and murder incident. «I am not talking only about our party but all Left and progressive forces (that) came out in large numbers, mobilising the youth also in a big way,» Karat told PTI.

Subscribe to enjoy similar stories. One of the worst curses of modern life is sleep deprivation, leaving hundreds of millions bleary eyed every single day. Sleep plays a critical role in our lives as our brains and bodies reset, recover and replenish so that we may function glitch-free- every day.

Subscribe to enjoy similar stories. While flagship smartphones follow an annual refresh cycle, vivo is hyperactive in the mid-premium segment with quicker releases. With two generations of V-series smartphones launched in 2024, we already have the next one—vivo V50 (starting at ₹34,999).

DC, led by Australian legend Meg Lanning, reached the final directly, having won five out of eight matches and finishing on the top of the table. This is their third consecutive final and will be looking to lift their first WPL title as they fell short in both 2023 and 2024. The Harmanpreer Kaur-led MI, finished second in the league stage with 10 points. Even though they were tied with Delhi, Mumbai had a lower Net Run Rate. They defeated Gujarat Giants comfortably in the Eliminator match to play their second WPL final. They were the inaugural champions of the tournament.

Vice President JD Vance has found himself at the center of an online controversy following remarks he made about his wife, Usha Vance, who also holds the title of Second Lady of the United States. The incident took place during a public appearance in Michigan, where his comments quickly drew widespread criticism across social media platforms. A video capturing Vance’s statement, which he seemingly intended as a lighthearted joke, did not sit well with the internet audience. Standing with Usha positioned behind him, Vance acknowledged her contributions as Second Lady before quipping, «Here's the thing. The cameras are all on; anything I say, no matter how crazy, she has to smile, laugh and celebrate it.» True to his words, Usha responded accordingly, smiling and laughing as the gathered crowd reacted to his comment.