Wellness Financial News

Rahul Sharma, Director & Head — Technical & Derivatives Research, JM Financial Services, says “the bull market is very much on. Individual stocks may witness correction because there was definitely a lot of euphoria and over-optimism, especially in smallcaps. So, there we are seeing pullbacks happening. But once the largecaps are done with, the second leg of the rally could very well spill over to the mid and smallcaps which is where we might see another rally happening, possibly in April and ahead.”

Canada's capital city Ottawa, police said Thursday. Police said they rushed to a home in the Ottawa suburb of Barrhaven after receiving a call at 11:00 pm Wednesday evening (0400 GMT Thursday).

TORONTO — As the federal government pushes to reduce bank fees, a report from consultancy North Economics figures Canadians are overpaying by billions of dollars a year.

By Aatrayee Chatterjee

It’s not strange that commercial real estate worries continue to keep advisors and investors from loving REIT stocks. Still, maybe it’s finally time they stop worrying and love the bond alternatives.  

Come Women’s Day, many companies jump onto the bandwagon of diversity and inclusion, often through well-crafted but clichéd advertisements that feature women overcoming regressive situations. A case in point is the new advertisement of a service company that advocates dignity of labour for women professionals who work in salons. The ad features a young salon professional wearing company colours who drives home in a car and has to face an angry younger brother, smarting from the ridicule he has been subjected to by “bade bhaiyyas" in their building.

Delhi Metro Rail Corporation (DMRC) on Thursday launched an indigenously developed software to streamline and smoothen its customer grievance management mechanism to increase the speed, accuracy and accessibility of the complaints. “The software ‘Public Complaints Management System’ (PGMS) will make the entire process simple and will help in real-time monitoring of complaints, tracking and categorizing of the feedback and allotting them to the right officials for quick redressal," Delhi Metro said in a statement.

After-Hours Stock Movers:

Discount grocer Aldi plans to add 800 stores across the U.S. in a five-year expansion plan as it looks to capitalize on cost-conscious Americans feeling the pinch at grocery stores

Devendra Fadnavis on Thursday asserted that everything is going well between the Mahayuti Alliance in the state and discussion is still underway on two or three seats that will be resolved soon. Addressing a press conference here today, Fadnavis said whenever it comes to ticket distribution for the Lok Sabha, it is based on the ground reality only. «Everything is going well between the three parties of our alliance. Discussion is still going on two or three seats on which there was a deadlock but that too will be resolved soon. There is no dispute of any kind between us. There should not be any speculation about the seats before the announcement because it seems incorrect. Whatever decision will be taken will come before you in a day or two,» he said.

Investor psychology can be fickle. Consider this common scenario: The stock market hits a rough patch, and skittish investors bail and park their money on the sidelines, thinking it a «safer» way to ride out the storm.

As many professional workers have settled into now well established hybrid work patterns, banks and other financial services companies have stood out in recent weeks for the battles they are still having with staff.

Singtel) has sold a 0.8% stake in Bharti Airtel to US investment firm GQG Partners for about ₹5,884.8 crore (S$950 million) as part of its value unlocking strategy and to raise funds for other ventures like data centres. Singtel, through its wholly-owned subsidiary Pastel, sold 49 million shares of Bharti Airtel at ₹ 1,193.7 apiece. Shares of Airtel touched a 52-week high of ₹1,213.05 apiece on the BSE on Thursday. They closed nearly 1% higher at ₹ 1,203.50 apiece.

Trump gets re-elected in November and implements his promise of imposing a 60% tariff on Chinese imports? A step like that would affect the economies of many countries, including India, as new opportunities as well as challenges would arise. So far, Beijing has been silent about how it will deal with this possible Made-in-America challenge. Premier Li Qiang recently presented his 'work report', the Chinese version of a budget speech, without revealing much about the country's economic strategy to deal with this and other issues. Chinese leaders are watching the evolving situation within its own economy and the US political scene, instead of rushing to formulate new policies. CPC has also not held its third plenum to formulate economic policy for 2022-27. The party holds seven plenums on different issues every five years, and the third one is reserved for discussion on economic matters. Silence on the part of authorities is giving the impression that Xi Jinping, who also happens to be party general secretary, is ending the tradition.

telecom regulator shall soon issue a mandate to demarcate separate numbering series for transactional versus marketing calls made by businesses for commercial purposes. Currently, only 140 number series are allocated for all kinds of commercial purposes. These could in future be classified into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the caller. The move is complementary to Trai's (telecom regulatory authority of India) recent recommendations for network operators as well as mobile device makers to enable display of caller's name, both for personal phone numbers as well as enterprise callers. «The DoT has approved our recommendation to allocate separate series which have been tested for both purposes...Trai shall soon issue a direction in this regard,» a senior Trai official told ET.

Servotech Power Systems on Thursday said it will invest Rs 100 crore for setting up a facility to manufacture components of EV chargers. The project will come up at Sonipat in Haryana, Servotech Power said in a statement. «The company is investing Rs 100 crore for setting up an EV charger component manufacturing facility. The plant will have an initial annual production capacity of 24,000 power modules,» it said. Its production capacity will be ramped up to 2.4 lakh in order to cater to the rapidly growing Indian EV market which will require around 6 lakh units annually, the company said.

NEW DELHI : India’s foreign minister S. Jaishankar urged Japanese companies to consider “Make in India" initiatives as well as export from India to global markets, during the Raisina Roundtable in Tokyo. Jaishankar is on a three-day visit to Japan to meet with his Japanese counterpart Yoko Komikawa.

NEW DELHI : The Union cabinet has approved a ₹10,372-crore India AI Mission that will provide funding for deep-tech AI startups as well as seek to develop an open-source database that can be used to train artificial intelligence models and other applications. The mission will also provide a framework for developing graphic processing units (GPUs) under public-private partnerships as well as multi-model, domain-specific large language models that power generative AI platforms.

Chief Financial Officer Programme in partnership with Emeritus, a global pioneer in offering accessible and affordable high-quality education to individuals and organisations. This programme has a 'Triple crown’ of accreditations from EQUIS, AACSB and AMBA. This 9-month programme is curated for new and evolving CFOs on leading new and existing financial strategies for competitive advantage and augment business value as well as for senior-level professionals who aspire to take charge of the CFO role and other financial leadership roles in the future.

Millions of travelers across Germany are being affected by strikes again after two unions called for two-day walkouts over wages and work conditions

The Justice Department is stepping up its focus on artificial intelligence