Wellness Financial News

Also Read: OPEC+ to support Brent at $80/bbl; ONGC/Oil India placed well on dividend pay, valuations Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a March 19 expiry, last settled 0.05 per cent higher at ₹6,356 per bbl, having swung between ₹6,344 and ₹6,498 per bbl during the session, against a previous close of ₹6,353 per barrel. -The Federal Reserve has held its policy rate steady in a 5.25 per cent to 5.5 per cent range since last July. Minutes of its meeting last month show most central bankers were worried about moving too quickly to ease policy.

India vs England 4th Test: Team India struggled against England's spin attack at Ranchi and was 219/7 at stumps on Day 2. Former Indian cricket commentator Harsha Bhogle said that India is losing its grip over the match and the series might go for a final showdown at Dharamshala. However, he also shared what India needs to make a comeback and said that the tail-end batters must add 80 more runs and then spinners must deliver in the second innings.

ACCO Brands Corporation (NYSE:ACCO), a leading manufacturer of office and consumer products, reported strong fourth quarter and full year 2023 results, with the company exceeding sales and earnings expectations.

Ahmed Patel, considered Sonia Gandhi's most powerful aide until his death in 2020, had won Bharuch in 1980 and 1984. Since 1989, however, the seat has been with the BJP. Mansukhbhai Vasava of the BJP currently represents the seat.

Government of India on Friday issued a Gazette notification declaring the three new criminal bills namely Bharatiya Nagarik Suraksha Sanhita, 2023, Bharatiya Nyaya Sanhita, 2023 and Bharatiya Sakshya Adhiniyam, 2023 will be effective from July 1, 2024, with an to revamp the criminal justice system. The three criminal legislations were passed in the Parliament's winter session and received the President's assent on December 25, 2023. In three separate notifications, government announced the enforcement date of the newly enacted laws.

BJP on Saturday slammed the AAP-Congress alliance in Delhi for the Lok Sabha polls and alleged the move «shows Chief Minister Arvind Kejriwal has lost his connection» with the Delhiites. «Kejriwal's alliance with the Congress shows he has lost his connection with the Delhiites. The AAP knows that rural population, traders and Dalits of Delhi are not with them,» Delhi BJP president Virendra Sachdeva said in a statement. «By deciding to ally with the Congress, the Delhi CM who has 62 of 70 seats in the Delhi Assembly has shown that he has lost faith of almost half of Delhi,» he added. Sachdeva said the people of Delhi are «shocked to see» the Aam Aadmi Party (AAP) and the Congress forming an electoral alliance and added that, irrespective of the collaboration, the BJP will win all seven Lok Sabha seats of Delhi.

Yashasvi Jaiswal on Saturday became only the fifth Indian to score 600 or more runs in a Test series, during the second day's play of the fourth match against England in Ranchi. The left-handed Jaiswal, who made his India debut last year during the tour of the West Indies, achieved the feat in his seventh innings of the ongoing five-match Test series when he took a single off Shoaib Bashir to reach 55 not out during the final session. On a run-making spree, Jaiswal struck two double hundreds in the second and third Tests against England in the ongoing series. The 22-year-old Jaiswal joined Indian batting legends Sunil Gavaskar, Virat Kohli, Rahul Dravid as well as Dilip Sardesai to amass more than 600 runs in a Test series.

Jaishankar on Saturday said the coming together of India, US, Australia and Japan as part of the Quad group serves to illustrate the growth of a multipolar order and advance a post-Cold War thinking against 'spheres of influence'. «I believe it (Quad) has five messages. One, it reflects the growth of a multipolar order. Two, it is post-Alliance and post-Cold War thinking. Three, it is against spheres of influence. Four, It expresses the democratizing of the global space and a collaborative, not unilateral approach. And five, it is a statement that in this day and age, others cannot have a veto on our choices,» EAM Jaishankar said on the closing day of the Raisina Dialogue in the national capital on Saturday. Jaishankar was addressing the 'Quad Think Tank Forum' session at the Raisina Dialogue. The session was primarily focused on the Quad, as well as a free and open Indo-Pacific

Seat sharing got a green light in the INDIA bloc after days of discussions as the Aam Aadmi Party (AAP) and the Indian National Congress (INC) have arrived on consensus for Delhi, Goa, Gujarat, Chandigarh, Pubnjab and Haryana. Earlier on Friday, ET had reported that the three-state pact between the two INDIA bloc parties is the understanding in Delhi where the AAP is likely to contest four seats and Congress three.

Also Read: Shahid Kapoor and Kriti Sanon's film delivers 3 eye-opening money lessons you can't afford to miss You know that ancient Egyptians, Indians, Chinese as well as the Greeks used the decimal system to calculate numbers. The Mayans used lines and dots, the Chinese depicted numbers with bamboo sticks placed horizontally and vertically in boxes leaving the box empty to say zero! No matter how you count, the number ‘1’ has given us a system of column by column calculations. The binary system uses ones and zeroes.

₹20,637 crore, marking a 37 percent increase from December 2023. Palka Arora Chopra, Personal Finance Experts suggests that a strategic approach to incorporating hybrid mutual funds in a balanced portfolio revolves around diversification across asset classes. “Allocate a portion to equity-oriented hybrids for growth potential and debt-oriented hybrids for stability.

Universal Insurance Holdings (ticker: NYSE:UVE) reported their fourth quarter earnings, highlighting a period of transformation and adaptation to new legislative changes. The company closed the quarter with double-digit adjusted returns on common equity and has already secured 90% of its 2024-2025 reinsurance tower.

«The kind of confidence, the kind of flow which we are seeing on the Street, that clearly shows yes, towards the end of this Feb series we are likely to see furthermore traction on the buying side and possibly Nifty can scale up to the level of 22,400 to 24,500 also in the continuation of this uptrend,» says Rajesh Palviya, Axis Securities.

market indices? If I look at news and social media, the purpose is clearly to generate a number representing how the markets are doing today or how they did yesterday. Added to this is the widespread ‘analysis’ that tries to find clues as to why the markets rose or fell. If this was all that the indices were good for, they would actually be good for nothing. What can you, the investor, actually use an index for? It’s important to recognise that stock market indices do more than just provide a daily numerical snapshot of market performance. Every stock investor knows that market indices are like a report card for the overall market. They show how the market is doing, but not how each individual stock is doing. If you are only looking at the index, you might miss out on some good investment opportunities. For example, the index might be going up, but some stocks might be going down. You might not notice this if you’re only looking at the index. What else can we use the index for? One great thing about indices, which most of us ignore, is that they serve as a bridge connecting the present with the past. They are historical archives, capturing the ebb and flow of the economy, business and market over time. In comparing the current positions of these indices to their historical levels, as well as the current patterns to the historical ones, we have a powerful tool for understanding not just where the market stands today, but how it got here and what might happen.

Germany has seen a sharp rise in the number of young people using cannabis obtained on the black market’ and ‘Use of the drug among young people has been soaring for years despite the existing law’ He further urged the members of parliament to back the controversial law, saying ‘the situation we are in now is in no way acceptable.’ Despite fierce objections from the opposition and medical associations, the parliament voted Friday to legalise cannabis. After a stormy session on Friday in the Bundestag, Germany's parliament, the vote was eventually passed by 407 votes to 226. Under the new law, it will be possible to obtain up to 25 grams of the drug per day for personal use through regulated cannabis cultivation associations, as well as to have up to three plants at home.

Tennis giants Novak Djokovic and Rafael Nadal had an unexpected reunion, sharing a flight to the United States for the upcoming spring hard-court season. Djokovic posted a selfie with Nadal, creating a buzz online and showcasing their 46 combined Grand Slam titles. They are gearing up for the Sunshine Double, with Djokovic aiming for a sixth title at Indian Wells. The Sunshine Double consists of consecutive tournaments at the Indian Wells Open and the Miami Open, known for their tough conditions. Djokovic, along with Steffi Graf and Roger Federer, is among the few to have won the Sunshine Double multiple times.

Chinese stocks from world’s worst to best performers is stoking cautious optimism that the rally will continue as long as favorable market policies remain in place. Rarely has a week gone by in 2024 without Beijing unleashing new measures to buttress the market or the economy. That policy resolve has pushed an index of Chinese shares listed in Hong Kong up more than 10% this month, topping the 90-strong list of major global equity gauges. The CSI 300 Index of onshore shares has risen for nine days, its longest winning run since 2018.

Steve Schwarzman took home $896.7 million last year, a 30% drop from a year earlier, yet still one of the biggest annual payouts on record in high finance. Schwarzman, 77, collected $777 million in dividends alone from his roughly 20% stake in the alternative-asset manager, according to a regulatory filing Friday. He earned an additional $120 million mostly through incentive fees and the share of fund profits known as carried interest.

ChatGPT in November 2022, as investors sense an opportunity, betting on these startups that they might outpace bigger rivals. OpenAI, which at one point considered acquiring Figure, is investing $5 million, the report added.

Bank Holidays in February 2024: Today, February 24 which is a Saturday and there might be confusion among people regarding if Banks will be open today. However, as it is a fourth Saturday, banks will remain closed today. Saturdays are typically not designated as bank holidays, except for the second and fourth Saturdays of each month.

US Secretary of State Antony Blinken on Friday reaffirmed Washington's opposition to any reoccupation of the Gaza Strip by Israel as well as any reduction of the Palestinian territory's size. Blinken's remarks were in response to a plan for post-war Gaza put forward by Israeli Prime Minister Benjamin Netanyahu, in which his country's army would have «indefinite freedom» to operate throughout the Gaza Strip once Hamas is defeated.