Wellness Financial News

Hero MotoCorp share price with gains of more than 1.5% touched 52-week highs on Friday. The stock is in a uptrend having risen more than 88% in last 12 months. The investor sentiments on Hero MotoCorp remain upbeat after strong festival season sales seen by the two-wheeler manufacturers during the festive season.

The Czech Republic’s central bank has cut its key interest rate for the second straight time in an effort to help the struggling economy

₹300 billion) to 5.8% of gross domestic product (GDP), despite weaker-than-expected nominal GDP growth. Further, by targeting a fiscal deficit of 5.1% of GDP for the next year (lower than the 5.2% recommended by very few, including us), the government clearly signalled that achieving a fiscal deficit of 4.5% in 2025-26 is now a feasible goal. This is a clear and emphatic message from the government that it prioritizes long-term macroeconomic stability, even if it involves sacrificing some short-term growth.

India’s interim budget for the year 2024-25 was presented earlier this month with an accompanying analysis of impacts on various sectors. As has been pointed out by many over the last week, several positive indications have been provided for sectors enabling low-carbon pathways for the country.

Honda is recalling over 750,000 vehicles in the U.S. because a faulty sensor may cause the front passenger air bags to inflate when they're not supposed to

NEW DELHI : Goods and Services Tax (GST) revenue collection of central and state governments will continue to grow at a faster pace than nominal GDP growth rate till very high tax compliance level is achieved, after which, the tax on consumption will grow in sync with the rate of economic expansion, Central Board of Indirect Taxes & Customs (CBIC) chairman Sanjay Kumar Agarwal said in an interview. Agarwal said that the nominal GDP rate will be dictating growth in GST revenue although presently there is a tax buoyancy above 1, which indicates compliance level is going up.

Companies are having to get their workforces up to speed on artificial intelligence, and fast. And it’s looking like AI itself may be teaching the class. Online teaching provider Coursera’s training includes an AI-powered chatbot that can provide personal feedback to students.

Baweja Studios IPO: Issue subscribed 21% so far on day 1; check GMP, other key details of SME IPO Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment. Megatherm Induction is a subsidiary of Megatherm Electronics Private Limited. The company also manufactures upstream and downstream equipment and machinery for steelworks, such as transformers, ladle refining furnaces, continuous casting machines, fume extraction systems, etc., as well as electric arc furnaces for the alloy and special steel industry.

The S&P 500 (SPX) added 1.1% last week as bulls continue to close in on the new big target – 5000. The old record high of 4818 is now acting as support with the index in a bull mode as long as it keeps closing above this level on a daily basis.

₹6,985.9 crore from ₹7,990 crore posted during the year-ago period. The average revenue per user (ARPU) of the company rose 7.4% year-on-year to ₹145 during the period under review from ₹135 in Q3FY23. The company said that this is the 10th successive quarter of 4G subscriber additions and ARPU improvement.

Investing.com — U.S. futures traded largely unchanged Monday at the start of a busy week that includes a Federal Reserve policy-setting meeting, the widely-watched monthly payrolls report, as well as earnings from a number of mega-cap tech stocks.

LONDON (Reuters) — IKEA is investing in price cuts on some products across a range of countries, including Belgium, Canada and India, as the furniture retailer aims to unwind increases it introduced in 2022.

(Reuters) — Slovakia wants to discuss buying a Patriot missile defence system from the United States as part of longer-term plans to defend its airspace, Defence Minister Robert Kalinak said.

Investing.com — U.S. stock futures traded around the flatline Monday, at the start of a busy week that includes a Federal Reserve policy-setting meeting, key labor market data as well as earnings from several mega-cap tech companies.

Nifty Bank bounced back on Monday and rose more than 500 points to reclaim 45,000. The Nifty Bank rose 576 points to close at 45,442. The Nifty50 rallied 387 points to close at 21,739. The rally in the Nifty Bank was led by gains in IDFC First Bank, Bank of Baroda, Kotak Mahindra Bank, PNB, and Federal Bank while some profit-taking was seen in AU Small Finance Bank. The Nifty Bank bounced back after retesting 200-DMA on the daily charts last week and the momentum continued in the Interim Budget week as well. If the momentum continues, the next target is seen around 46,000, suggest experts. “Bank Nifty is in the process of retracing the fall it has witnessed from 48,300 – 44,500 and hence the pullback can continue till 46,000 – 46,200 from a short-term perspective,” Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas, said. “On the downside 45,110 is the crucial support from a short-term perspective,” he added.

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pinpoint where it went wrong. Having got a lead of 190, we thought we were very much in the game. (It was) exceptional batting (by Ollie Pope), one of the best that I have seen in Indian conditions by an overseas batter," Rohit Sharma said in the post-match presentation.

Somesing, a popular blockchain-based social karaoke platform in South Korea, has fallen victim to an exploit resulting in the loss of approximately $11.58 million.

Alerts issued for heavy rainfall, severe cold wave; Varanasi Vande Bharat among several trains delayed: See IMD forecast This decision comes in response to the ongoing cold weather and dense fog experienced in Delhi, as well as several locations in Uttar Pradesh and Bihar on Sunday. The India Meteorological Department (IMD) reported "very dense" fog conditions over Uttar Pradesh at 5.30 am on Sunday.

By MacDonald Dzirutwe and Libby George

InterGlobe Aviation Ltd. slipped 0.19 per cent to Rs 2859.2 in Monday's trade as of 12:43PM (IST). It hit a high of Rs 2922.5 and low of Rs 2847.55 during the session.