Wellness Financial News

Looming aluminum tariffs have put U.S. makers of everything from cans to cars on edge. But as long as they’re willing to pay enough of a premium, the metal is likely to continue flowing across the northern border.

(Bloomberg) — Bank of Nova Scotia beat estimates as it benefited from lower funding costs after the country’s central bank cut interest rates by 200 basis points since last June, even as it set aside more money than expected for possibly bad loans.

Subscribe to enjoy similar stories. Denmark has a cake for every season – and reason – but no baked delight is awaited with as much anticipation as the indulgent Danish pastry made for Fastelavn. The fastelavnsboller, a doughy bun with a sweet filing, is the taste of Fastelavn, a Danish holiday that, like Mardi Gras, has close ties to the Christian religious observance of Lent.

Subscribe to enjoy similar stories. Once a niche therapy prescribed for a chronic condition like lymphoedema, post-surgical healing, and severe fluid retention, manual lymphatic drainage (MLD) has evolved into a mainstream wellness practice today.

Subscribe to enjoy similar stories. CIE Automotive India Ltd is struggling with a slowdown in its Europe business, which is adding pressure to overall profitability. Consolidated Ebitda margin fell 43 basis points year-on-year to 14.2% in the December quarter (Q4CY24).

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says we appear to be passing through a painful adjustment phase in the market and we could be at the end of the pain. As of now it appears that the portfolios are shifting into quality stocks. When the markets were surging, most of the funds, including the family offices, were carrying the momentum portfolio, which they are swapping now into the value-driven stocks by selling some of the expensive stocks and that is one of the reasons we are seeing continued pressure in some of the mid and smallcap companies. What is it that you think the market is up to because yesterday's FII sell-figure was a little bit discomforting and quite large at Rs 6,000 crore. Deven Choksey: The summer has already set in as far as the market is concerned. It is quite hot out here, suffocating. So, nothing new. FIIs continue to deliver their shares in the cash market. Having done the transactions and the short sold in the derivative market, the deliveries are now happening in the cash market. What we are seeing in the delivery figure in the cash market out there, whatever the hedge or the short sell that they have done is definitely creating a larger amount of panic in the market.

«There could be some pickup in consumption because we are kind of seeing a subtle shift of the market driver from the investments to the consumption,» says Ajay Argal, Franklin Templeton. So, what could be the turn moment for market? Could it be just time, you have to just wait it out, this year will be a tough year, nothing happens, but then after six months suddenly markets will look attractive, earnings would kick in. I mean, do you think this market will have to just grind itself? Ajay Argal: So, that is one way of doing it. Yes, so that is what you are referring to is the time correction and I mean, if you look at Nifty for example, we might be 5% or 10% above the last ten-year averages or the five-year averages in terms of valuations.

Subscribe to enjoy similar stories. The dreaded mid-cap and small-cap correction is finally here. After closing at a record high of 57,703 on 11 December 2024, the BSE SmallCap index has tumbled to 45,157 in just over two months, a fall of almost 22%, thus putting it in the category of a bear market.

Department of Government Efficiency is not a great factor for the overall well-being of the US economy or even the markets as their recent job cut spree in the federal administration has the potential to disrupt the economy in the coming days.

The Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump, according to people familiar with the matter.

Subscribe to enjoy similar stories. Jewar/Bengaluru: When Sandeep Kaushal told his wife Pooja that their application to buy a plot near the Noida International Airport in Jewar did not make it in the lucky draw, she was upset. The Kaushals, who live in a rental apartment in Greater Noida, Uttar Pradesh, were among the over 100,000 applicants for residential plots along the Yamuna Expressway, a 165-km stretch connecting Greater Noida with Agra.

Pope Francis is currently not in a very good state of health, with the 88-year-old now suffering from kidney failure in a hospital, according to a recent statement from the Vatican. Pope Francis is already suffering from a complex lung condition as well as pneumonia and now this development about his kidney condition is concerning for the Vatican, according to a Daily Mail UK report.

Subscribe to enjoy similar stories. KYIV, Ukraine—Ukrainian President Volodymyr Zelensky said the Trump administration should offer a better deal on mineral rights, pushing back on a proposal that has provoked a public feud with Washington. Speaking at a press conference Sunday, Zelensky said the current U.S.

Subscribe to enjoy similar stories. Two years ago, the storied American sportswear company Nike unveiled a new sneaker design in collaboration with jeweller Tiffany & Company. It was a symbol of former CEO John Donahoe’s efforts to turn Nike into a luxury brand, bypassing retailers and selling direct to customers, just like the world’s bling behemoths.

Virat Kohli provides unmatched stability to the Indian team, according to former Sports Minister Anurag Thakur and BCCI Vice President Rajeev Shukla, who felt the superstar batter displayed exceptional composure under pressure during his century against Pakistan. Kohli's majestic unbeaten century was the backbone of India's six-wicket victory over Pakistan in the Champions Trophy.

«So, there is uncertainty. I definitely agree. And as you said that there is de-globalisation, there is a tariff threat which is there,» says Milind Karmarkar, Dalal & Broacha. Last time when we met, there were excesses. There were excesses in the small and the midcaps. There were excesses on the upside, but are there excesses on the downside now? Milind Karmarkar: So, it is like this. Yes, the market has corrected and normally, whenever the market corrects, it corrects very viciously and that is what has happened. How long it will continue, I really do not know. But do I see upside from here? Yes, I do see an upside. And this is not the end of the bull market, as you say. There is a lot more still going to happen. And as I think Templeton has said, I do not remember, that whenever there is blood on the street and even if it is your own blood, that is the time to buy, so that I think will answer the question.

Ajay Bagga, Market Expert, says the market now predominantly favours long positions in gold, emerging market debt, US equities, and Chinese technology stocks. These four investment strategies are currently popular on a global scale, yet none appear to adequately account for the potential impact of Trump’s tariffs. Bagga says the market appears somewhat complacent. The true implications will likely become clearer in the next two to three months. April 1st is expected to be a crucial date, as it marks the beginning of announcements regarding the implementation of tariffs, followed by additional updates starting April 2nd. A lot of these news plays are flowing around with respect to the threat related to tariff, the emerging market flows etc. What is your view on the broader market space and any pockets of opportunity that you are spotting right now because though the consensus view or the buy is in the largecap space, does any niche pocket within the broader market look interesting to you? Ajay Bagga: Right now, no. I would say let us hold on for the broader markets right now. Overall if you see the global macro, what are the global bond markets telling you, what are the global currency markets telling you, stock markets are still complacent, they are not believing the Trump threats, the Trump strategy is to shock, then negotiate, then come to a deal which might be a one-tenth or one-twentieth of the original ask.

Subscribe to enjoy similar stories. EVEN AS COUNTING continues in Germany’s election, three things are clear. The first is that the opposition conservative Christian Democrats (CDU), along with their Bavarian sister party, the Christian Social Union (CSU), have won a clear victory—if an underwhelming one, with less than 30% of the vote.

Retirement ushers in the luxury of time that enables you to follow your passions and relax. If you have a lump sum at retirement, a systematic withdrawal plan (SWP) can be an excellent tool to provide consistent income. Calculate monthly expensesFirst, assess yo

Subscribe to enjoy similar stories. MUMBAI : Multi-asset funds work on the principle that by investing across different asset classes, investors can reduce volatility and optimize their returns, as at least one asset class is likely to do better than others in a given economic cycle. But can multi-asset portfolios work in Indian markets.

Bain Capital is finalising a deal with the promoters of Manappuram Finance to buy a controlling stake in the Kerala-based gold loan provider and non-bank lender, people aware of the development said. The Reserve Bank of India lifted restrictions on the latter’s subsidiary, Asirvad Micro Finance, a month ago.