Wellness Financial News

Ashwini Agarwal, Founder, Demeter Advisors, says “I am quite excited by the whole chemical space where the earnings cycle seems to have bottomed out. I continue to believe in pharmaceuticals where I think the pricing environment and the demand environment are reasonably solid. I think IT services might be a place to hide. I do not own it personally. But from a risk return perspective in a benchmark portfolio and IT services holdings might do reasonably okay. I do not think a lot of absolute gain will be made there. But on a relative basis, they might hold up. I look at the stock price of Paytm, I look at the stock price of metals, I look at IT. I mean, there is bad news, there are bargains available. Ashwini Agarwal: Yes. There are bargains available for sure. If you look at the upstream chemical sector, after the peak of earnings in 2021, in the last one, one-and-a-half years you have seen a significant amount of decline in revenue and decline in margins led by inventory liquidation from the customers globally and you have seen a slowdown of demand as well. So, yes, there are bargains available.

A Texas company has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States

Ambala, Kurukshetra, Kaithal, Jind, Hisar, Fatehabad and Sirsa of Haryana State will remain suspended till 15 February. Security personnel fired some tear gas shells on farmers Wednesday morning at the Shambhu border near Ambala as the peasants gathered there to resume their 'Dilli Chalo' protest, the agitators claimed.

Mount Baldy to find the missing woman.Search and rescue workers and volunteers battled through heavy snowfall and were hampered by avalanche risks in their attempts to find Lifei Huang. In the end, it was a civilian flying a drone who spotted her eight days after she went missing, the San Bernardino County Sheriff’s Department wrote in a press release.Huang set off for a solo hike in the Mount Baldy area of the San Gabriel Mountains on Feb.

Sovereign Gold Bond: SGBs provide a secure and convenient method for investing in gold, offering several benefits such as safety, interest income, capital appreciation, tax advantages, and liquidity. They are particularly suitable for long-term investors aiming for stability and protection against underperforming assets

It is the month of February, and Valentine’s Day is here. It is time to celebrate togetherness. While celebrating togetherness in love, relationships, vacationing, etc., is important, it is equally important in other aspects of life. Some of these include health, career, and, of course, financial planning. This Valentine's Day, don't restrict the celebration to a romantic dinner, movie, or romantic getaway for spending quality time with your better half. Take some time out to discuss financial planning and build financial resilience as a couple.

Delhi and at border points with Haryana, which can cause hardships to commuters. The traffic movement at Singhu (Delhi-Sonipat) and Tikri borders (Delhi-Bahadurgarh) is suspended, an official said, adding the security personnel in anti-riot gear are deployed and drones being used to keep an eye on the situation. Multiple layers of barricades, concrete blocks, iron nails and container walls have been placed at Singhu and Tikri borders as well as Ghazipur border. An official said the security arrangements at border points and in central Delhi could be increased if required.

Pulwama on this day in 2019. He said on X, “I pay homage to the brave heroes who were martyred in Pulwama. Their service and sacrifice for our nation will always be remembered." The Pulwama attack remains the deadliest terror attack on India's state security personnel in Kashmir since 1989.

MintGenie, Doshi said that the concurrent uncertainties on global eco-politics and volatility in asset classes can build up to a rare period where almost every asset class (equities, bonds, real estate, and gold) can participate in terms of returns. We are perma-bulls on Indian equities. India ended the CY23 on a high note, with the Nifty delivering 20% returns, marking the eighth consecutive year of a positive close.

₹10,000 a month for every farmer aged above 60, the limit on rural job-guarantee work-days to be doubled to 200, its daily wage upped to ₹700, and the dropping of all cases against last time’s protestors. They have other asks as well, but the main one is for a law to back a minimum support price (MSP) for all commodities as a government assurance. This list, though, is not the only reason the agitators could be mistaken for employee unions asking for a better deal.

The year has kicked off well for India’s automobile industry. All major categories except one posted double-digit year-on-year growth. Retail sales of two-wheelers grew 15% in January, according to data from the Federation of Automobile Dealers Associations.

On February 12, 2024, Federal Bank introduced its newest product, the Stellar Savings Account, aiming to transform the banking sector by delivering exceptional benefits and innovative features. Noteworthy features of the Stellar Savings Account comprise:

Section 80TTB of the Income Tax Act outlines the tax benefits that senior citizens can avail of regarding the interest income they receive from deposits. The Finance Budget 2018 introduced several benefits specifically targeted at senior citizens, one of which is the new provision -Section 80TTB.

Investing.com-- Shares of Australia’s four largest banks fell on Wednesday, with Commonwealth Bank Of Australia (ASX:CBA) in the lead after the country’s largest lender warned of worsening margins due to increased economic pressure from high interest rates. 

earnings for the December quarter later today, and analysts widely expect the company to report strong numbers on the back of healthy demand in the domestic market. Core Earnings Net profit for the quarter is seen rising 21.2% year-on-year (YoY) to Rs 2,428.30 crore, according to the average of estimates given by seven brokerage firms.

“The combination of flexicap and largecap funds can offer investors a balanced approach to navigating the current market environment, leveraging the strengths of both flexibility and stability” says Rajesh Bhatia, CIO at ITI Mutual Fund. In an interview with ETMarkets, Bhatia who has over 30 years of investment experience said: “Investing in Large Cap funds can be a prudent strategy for investors looking for stability and growth potential in their portfolios,” Edited excerpts: We have seen some volatility in the market post the Interim Budget. What is keeping investors on the edge, or is it profit-taking? Rajesh Bhatia: The Indian markets are in a bull phase. The breath of sector participation in this rally implies that this is a strong market.

By Svea Herbst-Bayliss

BBC radio presenter and legendary broadcaster Steve Wright has passed away at the age of 69 years. Wright has hosted BBC Radio 1 and Radio 2 shows for over four decades and last went on air hosting a Valentine's show which is pre-recorded on Sunday as per BBC. He has passed away on Monday.

Restaurant Brands International beat Wall Street estimates for quarterly results on Tuesday, lifted by signs of a turnaround at its Burger King business and robust demand at coffee chain Tim Hortons.

One 97 Communications has appointed an advisory board of prominent experts, including an ex-regulator, to advise it on regulatory and compliance matters. Consider the following points. One97, Paytm’s parent, is not the regulated entity.

Jaya Bachchan, former chief secretary of UP, Alok Ranjan, and former MP and close aide of Mulayam Singh Yadav, Ram ji Lal Suman, are the Samajwadi Party's nominations for UP for the upcoming Rajya Sabha polls. The three candidates filed their nomination papers on Tuesday in Lucknow in the presence of Akhilesh Yadav, Shivpal Yadav and others. SP has 108 members in the assembly and can send three members to the RS, with ally Congress also having two MLAs.