Wellness Financial News

It was common once for the word ‘conglomerate’ to be prefixed by ‘unwieldy’ and ‘unfocused’ by reflex. If that sounds strange today, then the Tata Group could claim some credit for it. Sure, survival amid competition demands an edge sharpened in focal fields of specialization, and Tata did withdraw from some markets in the 1990s (soaps and suds, for example), but its operations still span a spectrum from salt to software.

WHAT ARE OVERNIGHT AND LIQUID FUNDS? Overnight and liquid funds are a category of debt mutual funds. Overnight funds have a portfolio that invests in securities that mature in a single day, while liquid funds invest in debt and money market securities that mature within 91 days. They buy short-term instruments like treasury bills and government securities. Combined, these schemes manage close to Rs 5.73 lakh crore of assets. WHY ARE THE TYPICAL RETURNS FROM THESE FUNDS?

RMG) companies are closely watching the Google versus startups battle over service fees, as they are likely to be the next cohort of application developers to be facing the 15-30% levy beginning June this year. These companies say absorbing a 30% service fee plus 28% goods and services tax will be a double whammy of sorts and will not be sustainable for any business. They are also considering various options to mitigate the impact.

By Ananya Mariam Rajesh

(Reuters) — Chile's Cencosud, one of Latin America's largest retailers, on Tuesday reported a 42% fall in fourth-quarter net profit, landing at 83.3 billion pesos ($94 million), while revenues shrunk 16% to 3.30 trillion pesos.

CrowdStrike's Q4 earnings, due after market close, may reveal a robust outlook given its cloud-based cybersecurity solutions and recent customer growth.

More than $1.2 trillion flowed into money market funds last year, a veritable tidal wave of cash crashing on the sidelines. So what’s going to happen to all that moolah when – and if – the Federal Reserve starts cutting interest rates?

By Simon Jessop, Isla Binnie and Ross Kerber

By Stephen Culp

Alberta’s budget had lots of good news — unless you own an electric car, which will now be taxed at $200 a year. The provincial surplus is expected to be $5.6 billion this fiscal year, followed by a wafer-thin $0.4 billion next. Even though resource revenues are down, program spending isn’t being cut. It rises 3.7 per cent in fiscal year 2024-25.

This list of kurtis by Biba features fresh designs and great color combinations that are well suited for any occasion of the season. Check out the article to buy Biba kurtis and Biba kurti sets online at best prices.

BHEL) on Tuesday said it has bagged an order from power giant NTPC to set up a 1,600 MW Singrauli thermal power project (Stage-II). The size of the order is more than Rs 9,500 crore, excluding GST (goods and services tax), BHEL said in a regulatory filing. «BHEL has received an order from NTPC for setting up the Singrauli Super Thermal Power Project, Stage-III (2x800 MW) in Sonebhadra District, Uttar Pradesh,» it stated.

SBI — or GoI — doesn't like, with Digital India galloping along like a bareback horse in a Ladakh landscape, one would have thunk that retrieving info regarding purchases of electoral bonds for political party funding would be easy-peasy. Unless, of course, it's hard.

The Bitcoin (BTC) price just hit new all-time highs to the north of $69,000 on Coinbase.

By Polina Devitt and Ashitha Shivaprasad

HETTA, Finland (Reuters) — In the snows of Finland, Swedish and Finnish soldiers take part in NATO's biggest exercise since the end of the Cold War, intended to test the military alliance's ability to reinforce places such as the Nordic far north.

NEW DELHI : India’s space regulatory body has opened its first technical centre that it said would aid startups and larger private companies design and plan space missions. The Indian National Space Promotion and Authorization Centre’s (In-Space) facility in Ahmedabad will offer shared infrastructure including for climate simulation, thermal and vacuum environment simulation, and space systems assembly and testing environment.

Rajnath Singh on Tuesday witnessed the combat prowess of aircraft carriers INS Vikrant and INS Vikramaditya in a «twin-carrier» operation in the Arabian Sea and addressed the top naval commanders on the evolving maritime security scenario in view of geo-political upheavals. The inaugural session of the three-day naval commanders conference saw Singh embarking at sea to witness the Navy's ability to conduct operations deploying both the aircraft carriers. In his address to the commanders, Singh highlighted the Navy's important role in maritime security and maintaining India's sovereignty and urged the commanders to remain prepared to deal with all kinds of challenges while assuring the government's all-possible support. «If India's reputation has increased in the Indian Ocean Region and wider Indo-Pacific, it is due to the bravery and promptness of our Navy,» he said.

Jaishankar on Tuesday said strong alliances do not enhance a country's global standing while, on the contrary, India had a favourable result from loose or issue-based alliances. «Today, we see India in many ways as playing a useful role as a kind of bridging country which can contribute and address problems. And I think unfortunately the state of the world requires such services,» the minister said in response to a question following his address to the Korea National Diplomatic Academy here. Jaishankar's address was a part of the first leg of his four-day visit to South Korea and Japan. «I don't agree that strong alliances enhance global standing and lose alliances detract. At the beginning of our presidency of the G20, people were worried whether we would be able to get an agreement at the end of it and we had two problems — the Ukraine conflict and the issue of development. A lot of Global South had concerns. We have different ties to one group, I think it would have been difficult to get the G20 to come around had it not been such a case,» the minister said.

The Piotroski Index evaluates a company's attractiveness based on nine key measures:

With several fund houses restricting investments in their small-cap funds and the markets regulator also now expressing concerns over frothy valuations, individuals must exercise caution. They should opt for systematic investment plans (SIPs) and avoid lumpsum investments in this segment, say experts.