Wellness Financial News

Vedanta Ltd. traded 0.78 per cent higher in Friday's session at 01:24PM (IST). The stock opened at Rs 260.0 and has touched an intraday high and low of Rs 263.8 and Rs 255.6, respectively, during the session so far. The stock quoted a 52-week high of Rs 301.0 and a 52-week low of 207.85. About 596,603 shares changed hands on the counter so far.

DMK-Congress' INDIA bloc can never make Tamil Nadu a developed state as it has a «history of scams and corruption.» Addressing a rally in Tamil Nadu's Kanyakumari, the Prime Minister said that today the wave that has emerged from India's southern shore, in Kanyakumari, will reach far-off places. «In 1991, I began 'Ekta Yatra' from Kanyakumari to Kashmir. This time, I travelled from Kashmir to Kanyakumari. The people of Jammu and Kashmir have rejected the people who want to divide India. I am certain that the people of Tamil Nadu will also do the same,» PM Modi said.

A Balasubramanian, MD & CEO, ABSL AMC, says: “though we are not putting the restrictions in our small and midcap fund and given the fact that we are relatively small compared to others, it is about Rs 5,000-6,000 crores size and at the same time, our portfolio liquidity parameters are much better than some of the other schemes which are large in size. Keeping that in mind, while we have not put any stop, we continue to encourage investors to come only through the SIPs and the longer term 3-5-year time horizons. What is this stress test? How have AMCs conducted it because we understand that most of the AMCs, including yours, are saying that there is no stress in the portfolio. A Balasubramanian: The way one has to look at this is, there is an exercise in any case being carried out at regular interval by individual AMCs to check the portfolio construction and how the portfolio risk is being monitored and managed, which will take into account the liquidity as well. The current discussion, which has been there for quite some time in consultation with AMFI committee as well as Sebi, is more of a deep dive given that this segment of the market has been getting more money in the last few years.

InterGlobe Aviation Ltd. traded 0.86 per cent lower in Friday's session at 12:33PM (IST). The stock opened at Rs 3185.7 and has touched an intraday high and low of Rs 3185.7 and Rs 3140.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 3318.4 and a 52-week low of 1810.45. About 3,972 shares changed hands on the counter so far.

Ashok Leyland Ltd. traded 1.73 per cent lower in Friday's session at 12:43PM (IST). The stock opened at Rs 164.7 and has touched an intraday high and low of Rs 164.9 and Rs 160.3, respectively, during the session so far. The stock quoted a 52-week high of Rs 191.45 and a 52-week low of 133.1. About 608,356 shares changed hands on the counter so far.

MphasiS Ltd. gained 0.06 per cent to Rs 2480.45 in Friday's trade as of 10:40AM (IST). It hit a high of Rs 2498.2 and low of Rs 2462.0 during the session. The stock quoted a 52-week high price of Rs 2835.0 and a low of Rs 1660.65. The return on equity for the stock stood at 20.64 per cent. About 4,943 shares have changed hands on the counter so far.

credit scores, some of which can lead to misunderstandings about how credit works. For example, when 29-year-old Ajay Jain, a software engineer based in Noida, got a promotion last year to ‘Software Lead’ with a 30 percent salary hike, he assumed that his credit score would also see a spike. Sadly it did not happen.

Enser Communications opened for subscription today and will close on March 19. The company aims to raise about Rs 16.2 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

There’s another International Day on its way: 20 March. It’s marked on the calendar as the Day of Happiness. In an increasingly polarized world that looks set to become more so as political divisions deepen, where two major wars are raging, one in its third year and the other with no end in sight, and where not a single day goes by without countless acts of violence, celebrating an International Day of Happiness sounds absurdly Panglossian.

SpaceX nearly completed an hour-long test flight of its massive rocket, but the spacecraft was lost during its descent back to Earth on Thursday. As reported by AP, the company reported that contact was lost with the Starship as it approached its intended destination, a splashdown in the Indian Ocean. Additionally, the first-stage booster broke apart earlier in the flight over the Gulf of Mexico, following its launch from the southern tip of Texas near the Mexican border.

Shaitaan Box Office Collection Day 7: Shaitaan, starring Ajay Devgn, R Madhavan, Jyothika, Janki Bodiwala and Anngad Raaj, earned ₹5.75 crore on Thursday (Day 7). The Bollywood movie, directed by Vikas Bahl, is a supernatural horror thriller. It is a remake of a 2023 Gujarati movie named Vash.

Payne Capital Management President Ryan Payne weighs in on the U.S. economy, arguing that purchasing power will continue to ‘strengthen’ for the American people.

Gulf Oil Lubricants India is looking to acquire charge point operators (CPOs) and companies in intelligent grid technology space as part of a strategy to become a leader in the electric vehicle charging ecosystem, top executives said. «We are looking at the complete value chain. From manufacturing to research and technology,» said Mike Jones, CEO of Gulf Oil International, a London-headquartered Hinduja group firm. «We started from one end of the value chain by manufacturing EV chargers and are now looking to move to the rest as we want Gulf to be around for another 100 years,» he told ET. The intelligent or smart grid technology is a combination of hardware chargers and software to boost efficiency of electrical grids or networks by enabling bi-directional communication. Smart grids allow a car to send energy to various recipients using digital technologies, sensors, and software to better match the supply and demand of electricity in real time.

Toronto police officer suggested that residents leave their car keys by the front door to avoid a home invasion, seemingly to let criminals steal their vehicle if they break in, leave and avoid injuries.The Toronto Police Service issued a statement Wednesday confirming that an officer made the remarks at a recent community meeting.The officer suggested “that people leave the keys to their vehicle in a faraday bag by the front door,” the statement said.“While well meaning, there are also other ways to prevent auto theft motivated home invasions,” it continued.Faraday bags block signal-duplicating devices used to replicate key fobs which criminals can use to steal vehicles.In Toronto, home invasions and break-ins for auto thefts rose 400 per cent last year, the Toronto Police Service said.At a Etobicoke community meeting, Const. Marco Ricciardi is heard saying, “To prevent the possibility of being attacked in your home, leave your fobs at your front door.”“They’re breaking into your home to steal your car.

Mint. Increasingly, companies and brands are chasing affluent Indian consumers who are driving up sales of expensive cars, real estate and bags among others. In premium foods, too, more companies are stepping in, increasing the competitive landscape for the Biyani sisters. For instance, last year, Spencer’s Retail Ltd, an RP-Sanjiv Goenka Group subsidiary, announced its foray into upmarket grocery retail under the Nature’s Basket Artisan Pantry brand, citing demand for pricey truffle, caviar, and exotic mushrooms.

Mint analysis of the data released by the Election Commission of India (ECI) on Thursday. Until the Supreme Court quashed the scheme last month, purchasing an electoral bond effectively meant making a political donation that could later be encashed by a political party. The list detailed bonds worth ₹12,155.51 crore purchased by over 1,300 companies in nearly five years.

Reserve Bank of India (RBI) that they lost hundreds of crores of rupees in currency derivatives manipulatively sold by banks, the central bank slapped the lenders with penalties in the range of Rs 5-15 lakh. That was 2011. Come 2024, when the regulator found IIFL Finance Ltd in violation of its guidelines on gold loans, it ordered the company to shutter the business, landing a debilitating blow. The shift in the magnitude of the penalty between then and now not only captures how RBI has moved from kid gloves to boxing gloves in treating regulatory breaches, but also what is in store for potential violators.

In a landscape of shifting retirement expectations, a new study from MassMutual sheds light on current retirees’ experiences and pre-retirees’ expectations, as well as the critical role of active lifestyles and financial planning.

WEST PALM BEACH, Fla. — Investors' emotions may run high in 2024, especially in the realm of politics as President Joe Biden and former President Donald Trump are poised for a rematch in this year's presidential election.

By Robert Harvey