Wellness Financial News

The trend kicked off a few months ago with some of the big tech companies seeking to rationalise their workforce, they said.

Investing.com — In the holiday shortened week ahead investors will be looking to the latest Federal Reserve minutes for any new insights on the direction of monetary policy. Earnings from chipmaker Nvidia (NASDAQ:NVDA) will be a critical test of the artificial intelligence fever that has helped power gains for U.S. stocks in recent months. Walmart (NYSE:WMT) kicks off earnings from the biggest U.S. retailers, Chinese markets return, and PMI data will shed light on the strength of the global economy. Here’s what you need to know to start your week.

₹135 crore were “made to influential persons, state government functionaries, government servants, media houses etc…" the person said, quoting from the order. The broad scope of the investigation has not previously been reported. P.

Mint explains: Bike-taxis offer a cost-effective mode of transportation, particularly for lower and middle-income groups. With fares of ₹8-10 per km, they compete well with traditional auto-rickshaws, catering to first- and last-mile connectivity needs. Their affordability and accessibility make them useful for urban mobility, especially in congested areas where other modes of transport may be scarce.

Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas investment to help its economy. China’s direct investment liabilities in its balance of payments rose by $33 billion last year, 82% down on 2022, according to data from the State Administration of Foreign Exchange released Sunday. That measure of new foreign investment into the country — which records monetary flows connected to foreign-owned entities in China — slumped to the lowest level since 1993.

Samyukta Kisan Morcha will gherao the residences of BJP leaders in Punjab for three days from Tuesday to press the Centre into accepting the farmers' demands including a legal guarantee to minimum support price on crops, a leader of the outfit has said. Several farmer outfits, which are part of the Samyukta Kisan Morcha (SKM), have extended their support to the "Delhi Chalo" call given by SKM (Non-political) and Kisan Mazdoor Morcha. The march was stopped by security forces at Shambhu and Khanauri points on Punjab's border with Haryana which led to clashes. Protesting farmers have stayed put at Shambhu and Khanauri for the sixth day after their march to the national capital was halted. A group of Union ministers and farmer leaders will hold a fresh round of talks with farm leaders on Sunday evening in Chandigarh. The two sides met on February 8, 12 and 15 as well but those talks remained inconclusive.

India skipper Rohit Sharma on Sunday said winning a Test with a huge margin over England was «quite satisfying» after youngsters stood up to deliver in the absence of frontline players. The hosts hammered England by 434 runs in Rajkot on day four for their biggest-ever Test victory to lead the five-match series 2-1. Yashasvi Jaiswal hit an unbeaten 214 and put on a marathon 172-run stand with debutant Sarfaraz Khan, 68 not out, to set up the dominant win.

kya lagta hai (what do you think?). Every bull market needs a story. One of the main stories currently being sold is the premiumization of the Indian economy or that Indian consumers are buying more expensive products than in the past and how that will continue to benefit listed companies.

Indonesian Defence Minister Prabowo Subianto as the next president augurs well for Jakarta’s strategic partnership with New Delhi, given that he has shown keen interest in India’s defence capabilities and social security schemes, according to experts. Subianto had contested the presidential polls in 2014 and 2019, but never won. This time round, the 72-year-old former Special Forces commander has cornered enough votes to be sworn in as the next President of Indonesia.

India vs England 3rd Test: Young Yashasvi Jaiswal and all-rounder Ravindra Jadeja destroyed England to secure a historic win for India in the 3rd Test match at Rajkot. Yashasvi Jaiswal's back-to-back second double century brought the stadium to its feet and everybody was proud of the youngster. But, in a post-match interaction, Rohit Sharma chose to skip talking about Yashasvi Jaiswal's innings and said he just wanted him to continue his game.

Yashasvi Jaiswal has revealed the reason for his brilliant second double century in the ongoing India vs England test match series. After India defeated England by 434 runs, Yashavi Jaiswal in a post-match conversation with the official broadcasters said ,"The way Rohit Sharma bhai and Ravindra Jadeja bhai played in first innings, it’s motivates me to do well. The way they played and scored runs in difficult situations is incredible to see".

Indian Navy is going to carry out major operations involving the fleets of both of its aircraft carriers off the west coast in the next ten days, Admiral R Hari Kumar said on Sunday. In an exclusive interaction with ANI, he said both aircraft carriers, including the INS Vikramaditya and made-in-India INS Vikrant, would be present in Vishakhpatnam during the 'Exercise Milan' but the twin carrier operations would be seen only after 10 days. «Both the carriers are going to be there for Exercise Milan. However, the operationalisation of the carriers, the integration to the fleet and participation of the fleet is going to happen in ten days,» the Navy chief said.

Chief Minister Siddaramaiah on Sunday asserted that ministers would have no choice but to contest the upcoming Lok Sabha polls if that was the overwhelming opinion of local MLAs and party leaders, setting off worries in sections of ministers who are loath to the idea. The CM, responding to queries at Malavalli in Mandya district over social welfare minister HC Mahadevappa’s public refusal to contest the LS polls, said the party would go by the recommendation of the local MLAs, party candidates who lost the assembly polls, as well as block, and district presidents. Be it Mahadevappa or any other minister, the party would give the ticket to whoever the local leaders wanted, the CM said, suggesting that the ministers would have to take the plunge if the situation demanded that. The social welfare minister had, on Saturday, told the media that he did not want to contest the polls when he was told his name was among the potential candidates the party’s survey had revealed. A displeased Mahadevappa said the survey should probably also include the names of the CM and Deputy CM DK Shivakumar as they were also competent and popular leaders to contest the LS election.

Mark Zuckerberg reviews Apple Vision Pro says ‘future isn't written yet’ However, the billionaire agreed that sharing the responsibilities with his "awesome" people is also crucial. "You need all these other awesome people because no matter how much time I put into all these things, there's still going to be so much stuff that I can't get to and we need awesome people who can do all the really important stuff that I'm not doing, but I don't know".

Kuldeep Yadav. Gill who scored 91 was able to complete his 4th Test hundred and second one in the ongoing test series but lost the opportunity due to miscommunication. Kuldeep on the field was playing more aggressively than his partner Gill, using his feet well to hit Tom Hartley (1/78) for a six on one occasion. Watch video here:

Japan has unveiled plans to issue six-month visas catering to digital nomads with an annual income of ¥10 million ($68,300) or more. The initiative is slated to commence by the end of March. According to a Japan Times report, digital nomads, individuals who work remotely while moving between locations for short or medium-term stays, from 49 countries and territories, will be eligible for the «specified activities» visa category. This extends to self-employed applicants as well. Countries and territories eligible for this program have existing tax treaties and agreements that eliminate the need for short-term visas with Japan, including the U.S., Australia, and Singapore.

Customs (CBIC) has revised guidelines for reporting of arrests, smuggling and commercial frauds by customs officers, as it looks to enhance risk-based targeting to nullify fraud attempts by syndicates. In an instruction to field officers, the CBIC said that the arrest and incident reports of smuggling and commercial frauds are not being shared or are sporadically shared by the customs zones. In some cases, the arrest report many times contains description/details that are insufficient as input for enhanced risk profiling. As per the revised guidelines of CBIC, the Chief Commissioner/Director Generals of a customs zone would be required to send the arrest report through email to the CBIC within 24 hours of the arrest of an individual.

Canada implemented changes to the post-graduation work permit program (PGWP). Students who have completed a master’s degree program, even under two years, will now qualify for a 3-year PGWP, provided they meet all other eligibility criteria. However, starting September 1, 2024, students enrolled in curriculum licensing agreement programs will no longer be eligible for a PGWP. In addition, the special measures for distance learning and PGWP validity have been extended until August 31, 2024. Are you immigration ready? Find out A post-graduation work permit is an open work permit granted to foreign students upon completion of their studies in Canada. PGWP holders are free to work anywhere in Canada for any employer for as many hours as they like.

Shubman Gill missed out on a deserving ton by nine runs while Yashasvi Jaiswal continued from where he left on the third evening, taking India to commanding 314 for four at lunch on the fourth day of third Test against England. With overall lead stretched to 440 runs and the welcome return of Ravichandran Ashwin, who had initially withdrawn from the Test due to family medical emergency, firmed up India's grip as only one team can win the game from this point. Having recovered from back spasms which forced him off the pitch on third day evening for 104, Jaiswal resumed from where he left off to reach 149 not out off 189 balls with 11 fours and seven sixes. At the other end was debutant Sarfaraz Khan, is also going strong with his aggressive stroke-play, swatting away two fours and a six to reach 22 not out after an unfortunate run-out saw Gill dismissed for 91 during the opening session.

India’s power consumption increased 7.5 per cent on-year to 1354.97 billion units (BU) in the April-January period of this financial year, indicating an uptick in economic activities across the country.

Ashwin Patil, Research Analyst-Auto, LKP, says while passenger vehicles had a great time, this year belongs to two-wheelers. So, there can be a good churning from passenger vehicles to two wheelers because the Q3 numbers were good for all the two-wheeler companies and surely one can definitely look at certain companies within the two-wheeler pack. Recently, we have been hearing reports that the passenger vehicle retail registrations have been slowing down while, of course, the rural economy is picking up and things are looking on the upside for two-wheelers. Is it time now for a bit of a sector and portfolio churn away from four-wheelers into two-wheelers? Ashwin Patil: On the back of a very low base last year, the two-wheeler industry has been performing well this year and till date, these companies are seeing about 12% to 15% growth. We believe that this industry will be definitely performing better than any other auto industries segments like passenger vehicles or commercial vehicles or tractors.