Wellness Financial News

Subscribe to enjoy similar stories. Remember the term ‘flagship killer’? Once used…nay borderline exploited… by OnePlus, it came to represent smartphones that offered much of the same high-end hardware and features of the flagship devices of the same year, yet at a relatively lower price.

Subscribe to enjoy similar stories. A war is brewing in online delivery as fast food takes on a new twist in India. After shaking up the retail market for online deliveries with their quick commerce services, Zomato’s Blinkit and Swiggy recently launched standalone apps to deliver meals, snacks and beverages in 15-20 minutes.

Subscribe to enjoy similar stories. Fixed income investments have traditionally been a cornerstone for Indian investors, offering stability and diversification in volatile markets. However, building a robust fixed income portfolio involves navigating complexities, particularly the challenge of balancing income, duration, and liquidity.

Subscribe to enjoy similar stories. On November 25th the Elva, a tanker flagged in São Tomé and Príncipe, clandestinely picked up 2m barrels of Iranian crude off Malaysia’s coast. Sailing from there to north-east China, the vessel’s likely destination, usually takes two weeks at most.

Vinod Karki, Equity Strategist, ICICI Securities, says the recent market correction appears to be primarily a response to the significant increase in US bond yields. Additionally, there are certain risks associated with economic growth, as evidenced by a noticeable deceleration in the economy. However, we attribute much of this slowdown to temporary factors such as elections and rainfall, which are likely to result in a postponement of demand until the latter half of this year. The predominant concern remains the escalation of bond yields and the prevailing optimism surrounding Trump, both of which have influenced market dynamics. Vinod Karki further notes that, in terms of overall market value, two sectors are distinctly prominent: large financial institutions and commodities. What is your take on the market fall on Monday because this is definitely getting on our nerves. Firstly, it hit the traders, breaching the key support levels, and now the investors are a little concerned about the fall. What is your take on the fall that we are witnessing? Is it a healthy correction or do you believe something has really changed in terms of the narrative? Vinod Karki: Fundamentally, the key reason why this is happening is the surge in US bond yields.

 Million Dollar Listing Los Angeles star Josh Flagg discusses evacuating Los Angeles amid the flames on The Claman Countdown.

Subscribe to enjoy similar stories. New Delhi: Like many other founders, Dhruv Madhok and Dhruv Bhasin launched Slick Organics, a direct-to-consumer (D2C) brand that sells hair care products under the brand Arata, to address a perceived gap in the market. That gap: a lack of effective hair styling solutions for curly and wavy hair in India.

It was a tale of two very different stories for Canadian capital markets in 2024, with activity in the debt markets reaching record highs amidst a continued decline in the equity space.

Subscribe to enjoy similar stories. Domestic metal and mining companies with strong volume track records, superior product mixes and near-term expansion plans are expected to hold fort against swings in global prices and geopolitical uncertainties in the remainder of FY25, experts said ahead of the December quarter earnings season (Q3FY25). Jindal Steel and Power Ltd (JSPL) and aluminium manufacturer Hindalco Industries Ltd have emerged as the top picks in the ferrous and non-ferrous metal categories, respectively.

Subscribe to enjoy similar stories. Last month, home beauty services start-up YesMadam, in a social media post, announced the layoff of 100 employees who confessed to “being stressed" in an internal survey. After receiving online criticism, the Noida-based startup clarified it was part of a marketing campaign to raise awareness about the “seriousness of workplace stress." Consequently, the company introduced a programme, Happy 2 Heal, under which employees can get head massages and spa sessions in the office, and a “de-stress leave" policy that permits employees to take six days of paid leave annually for their mental health, along with the facility to avail a complimentary spa at home by YesMadam.

Brent crude futures climbed $1.35, or 1.69%, to $81.11 a barrel by 2339 GMT after hitting an intraday high of $81.44, the highest since Aug. 27.

Tata Consultancy Services (TCS) in the third quarter, regarded as having been below par, should not be seen in isolation but in the context of macroeconomic factors impacting spends, CEO and MD K Krithivasan told Beena Parmar & Surabhi Agarwal in an interview. He also spoke about early signs of revival, how the new US regime is expected to be more business friendly and competition from global capability centres (GCCs). Edited excerpts: How do you react to the December quarter being termed as the poorest Q3 performance in several years? We have to see context also… we know that for a long period now, we have been going through a phase where there is market uncertainty, less intent to spend on behalf of clients. If you had a previous few quarters which were super and then suddenly this drops, then you can say this is a bad performance. So, see (the last quarter) in the context of how the overall growth environment is. Taking it in isolation and saying that this is a worse performance (may not be right).

Ather Energy is set to value itself at as much as $2.4 billion in its upcoming initial public offering (IPO), people briefed on the matter said. That’s a premium of more than 80% over the last funding round in August, when it turned unicorn, they said. Ather is expected to file its updated draft red herring prospectus (DRHP) later this month or the first week of February after sending final clarifications to the Securities and Exchange Board of India (Sebi), said the people. In contrast to the series of new-age businesses’ listings last year that took a cautious approach to valuation, the likes of Ather and Bluestone are likely to price their offerings at a premium, reflecting their own plans as well as the competitive landscape.

Subscribe to enjoy similar stories. ‘It’s a riddle, wrapped in a mystery, inside an enigma.’ That may have been Sir Winston Churchill's oblique description of Stalin's Russia, but he may well have been referring to modern India. Closer home, Nobel Laureate Amartya Sen's view is equally relevant: ‘Whatever you can say about India, the opposite is also true.’ The fact is, India has never been easy to read.

Subscribe to enjoy similar stories. Global investors are increasingly prioritizing assets with a strong environmental, social and governance (ESG) footprint, driving up their value and putting ESG at the forefront of deal-making strategies in India, according to a top executive of global transaction advisory firm Alvarez & Marsal (A&M).

The Philadelphia 76ers have decided not to build a $1.3 billion downtown arena

Subscribe to enjoy similar stories. The Indian Renewable Energy Development Agency Ltd (Ireda) stock fell by almost 7% after it announced the December quarter (Q3FY25) results. Though the net profit grew by 27% year-on-year to ₹425 crore, the drop in provision coverage ratio, both sequential and year-on-year, spooked investors.

Macrotech Developers has acquired nearly 20-acre land parcel in Bengaluru for development of a housing project worth Rs 2,800 crore, as part of its expansion plan. Mumbai-based Macrotech Developers, which markets its properties under the Lodha brand, has been acquiring land through outright purchases as well as forming partnerships with landowners for the joint development. Out of the total, nearly 20 acre land was acquired in Bengaluru, the company has outright purchased some portion of land, while entering into joint development agreement with the landowner for the remaining part, sources said. In its latest operational update for the December quarter, Macrotech Developers informed that the company has added one new project in Bengaluru with GDV (gross development value) of Rs 2,800 crore.

Subscribe to enjoy similar stories. Every time I have to interact directly with the government, I wonder, “Why doesn’t it like me?" I usually avoid direct contact. But unfortunately, for nearly two months, I have been trying to get an Aadhaar number for a minor.

The wildfires that erupted this week across Los Angeles County are far from contained, but they're already expected to be the costliest in U.S. history and among the worst natural disasters

ODI series against England could serve as a dress rehearsal for under-pressure India. With Rohit Sharma and Virat Kohli’s form under scrutiny, Jasprit Bumrah’s injury and doubts over Mohammed Shami’s return, it is a rare white-ball tournament where India would be considered favourites. The shift in expectations might not be a bad thing for the Indian men’s cricket team in the current circumstances. Before that, India have to make certain decisions regarding their personnel. Here is a role-wise breakdown of the options that the selectors could consider while picking up the squad: OPENERS: ROHIT, GILL, JAISWAL Rohit and Shubman Gill are likely to be the first-choice options going into the tournament. Rohit has been a stellar performer in white-ball cricket. His redball woes notwithstanding, the captain can well rediscover his mojo in the 50-over format. It was his efforts at the 2023 World Cup that helped India get off to flying starts and he will want to do the same in Dubai, where India will play their Champions Trophy matches. Gill, however, needs to be more consistent. While he deserves his place in the starting eleven, he will know that a few bad games could result in Yashasvi Jaiswal getting a look in. In that sense, the Champions Trophy is a big test for Gill as well. Jaiswal is going to be India’s back-up opener to start with. He offers the left-hand option that India miss in the top order.