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Showing posts from March, 2021

Shooting in Orange, California, kills several

When officers arrived at a small business premises the shots were still being fired. Up to four people were reported dead, including a child. from Sydney Morning Herald - World https://ift.tt/2PGwHGh

Hong Kong’s Jimmy Lai, Martin Lee convicted over 2019 democracy protests

Apple Daily founder Jimmy Lai and protest veteran Martin Lee were among seven activists found guilty of organising and participating in an unlawful assembly. from Sydney Morning Herald - World https://ift.tt/39yLlXb

Assam polls: Second phase of polling begins for 39 seats

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Assam polls: Second phase of polling begins for 39 seats from News - Videos - The Times of India https://ift.tt/3cEUWNY

Darshan at Shree Somnath Temple

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Darshan at Shree Somnath Temple from News - Videos - The Times of India https://ift.tt/3dn9uRD

Buy or Sell: Stock ideas by experts for April 01, 2021

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from Stocks-Markets-Economic Times https://ift.tt/3uapz3V

PE firm Xander Group to exit HCC’s concession arm

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“There will be no outstanding disputes or claims relating to these SPVs. However, HCC still has Rs 3,140 crore in pending arbitration awards and Rs 9,000 crore of claims in various stages of arbitration from various clients,” HCC told ET. from Stocks-Markets-Economic Times https://ift.tt/3rDdjqP

What is the Expense Ratio in a mutual fund

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In a direct plan of a mutual fund scheme, you buy directly from the mutual fund company, whereas in a regular plan, you buy through a distributor (intermediary). from Stocks-Markets-Economic Times https://ift.tt/3dDLWs3

Axis Bank to sell UK arm to tech platform

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Axis Bank has informed the exchanges that it has agreed to sell its UK subsidiary to OpenPayd Holdings. According to the filing, the UK arm contributed Rs 206 crore total income in FY20 and had a net worth of Rs 765 crore as of March 2020. This is almost 1% of the bank’s net worth. from Stocks-Markets-Economic Times https://ift.tt/3dnh6U7

Asian shares rise as Joe Biden spending plan boosts US outlook

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On the heels of a $1.9 trillion pandemic relief package, President Joe Biden on Wednesday outlined a broad plan to re-make the world's biggest economy. from Stocks-Markets-Economic Times https://ift.tt/39tuqVN

SGX Nifty up 120 points; here's what changed for market while you were sleeping

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Asian stocks were set to edge higher early on Thursday after big tech rallied on Wall Street and as President Joe Biden announced a multi-trillion-dollar infrastructure investment plan. Australian S&P/ASX 200 index rose 0.3 per cent in early trading, while Hong Kong's Hang Seng index rose 0.54 per cent.Japan's Nikkei225 index advanced 1.20 per cent. from Stocks-Markets-Economic Times https://ift.tt/2QNFFly

Adani Enterprises incorporates 2 wholly-owned subsidiaries

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Vizag Tech Park is yet to commence its business operations, it said. from Stocks-Markets-Economic Times https://ift.tt/3fJiZO3

‘A bloodbath is imminent’ in Myanmar but China blocks UN sanctions

An emergency meeting of the UN’s security council did not persuade China to back sanctions but the superpower did say it hoped for “a democratic transition”. from Sydney Morning Herald - World https://ift.tt/3fsUQLm

EPA dismisses dozens of key science advisers picked under Trump

The unusual decision will sweep away outside researchers picked under the previous administration who some say tilted too favourably toward regulated industries. from Sydney Morning Herald - World https://ift.tt/3cEmqDy

SBI, JBIC ink $1 b pact to refinance loans to Japan’s auto cos in India

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The loan is in the form of refinancing against the funding support provided to the manufacturers, suppliers and dealers of Japanese automobiles in India, whose business activities are recovering from reduced sales due to Covid-19. from Stocks-Markets-Economic Times https://ift.tt/3m98Aw4

Billionaire John Malone gets $353 million boost after Archegos-fueled drop

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Discovery Inc.’s class B shares soared in the aftermath of the stock selloff by Archegos Capital Management. from Stocks-Markets-Economic Times https://ift.tt/3wj9LO4

Govt slashes rates on small savings by up to 110 basis pts

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The government has slashed interest rates on small savings schemes, such as post office deposits and public provident fund, by up to 110 basis points, dealing a fresh blow to savers seeking safety. from Stocks-Markets-Economic Times https://ift.tt/3rHEz7L

Stocks in the news: NIIT, RIL, UCO Bank, Adani Enterprises, BPCL, Axis Bank and Vedanta

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The government has cut price of natural gas by 11 per cent to $3.62 per mmBtu for difficult fields like the one operated by Reliance-BP. from Stocks-Markets-Economic Times https://ift.tt/3uaVa5p

Sensex up 68% in FY21, highest rise in 10 years

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A global pandemic notwithstanding, Dalal Street set several records during the financial year that ended on March 31, including a record rally beyond 52,500 points for the sensex, market capitalisation that neared the $3 trillion mark and a record amount of net foreign fund inflow at almost Rs 2. from Stocks-Markets-Economic Times https://ift.tt/3wgfAMm

HDFC raises FD rates upto 25 bps

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From March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributors said this is the first time after October 2018 that HDFC Ltd has raised deposit rates. from Stocks-Markets-Economic Times https://ift.tt/3uaTNUn

India’s current account ends in deficit in Q3 as demand rises

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The critical measure of a country's external strength now stands at a surplus of 1.7 per cent of GDP for the first nine months of the fiscal year as against a deficit of 1.2 per cent in the year-ago period from Stocks-Markets-Economic Times https://ift.tt/3sEKHiw

Derek Chauvin told onlooker George Floyd was big, ‘probably on something’

Jurors were shown police body camera video of the approximately 20 minutes between when police approached Floyd’s vehicle and when he was loaded into the ambulance. from Sydney Morning Herald - World https://ift.tt/3rCCycV

Russia unveils COVID-19 vaccine for pets, other furry animals

The coronavirus may have initially jumped from bats to humans via an intermediary, but infections have since appeared in other animals, from zoos to mink farms. from Sydney Morning Herald - World https://ift.tt/3sGF6It

Apple expands independent repair programme globally, including India

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Apple expands independent repair programme globally, including India from News - Videos - The Times of India https://ift.tt/2QMvg9I

Buy Britannia Industries, target price Rs 3800: Yes Securities

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Britannia Industries Ltd., incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 86993.20 Crore) operating in FMCG sector. from Stocks-Markets-Economic Times https://ift.tt/3rDeLtw

ETMarkets Morning Podcast: Greedy HNIs get a raw deal in Wabco OFS

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from Stocks-Markets-Economic Times https://ift.tt/39tCNAU

Buy or Sell: Stock ideas by experts for March 31, 2021

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from Stocks-Markets-Economic Times https://ift.tt/2PoinT5

SP Group in talks with Barclays, Deutsche to raise funds

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The group is in the process of rearranging its financing, including one-time restructuring of its loans with Indian lenders. from Stocks-Markets-Economic Times https://ift.tt/3rA7Tgf

Brazil’s military chiefs all quit as Bolsonaro seeks their support

The resignations followed the appointment of a new defence minister who celebrated the dictatorship that killed and tortured thousands of Brazilians. from Sydney Morning Herald - World https://ift.tt/31CjT6k

Covid-19: Entire country potentially is at risk, health ministry warns states

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Covid-19: Entire country potentially is at risk, health ministry warns states from News - Videos - The Times of India https://ift.tt/3rE1Szp

Digital outage hits HDFC Bank customers again

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In December 2020, the RBI had barred HDFC Bank from new digital launches and issuance of fresh credit cards until it addressed its digital issues. The RBI had also asked the bank’s board to identify lapses and fix accountability. from Stocks-Markets-Economic Times https://ift.tt/2PkJGO6

Pine Labs eyes US IPO in 2022 with $5bn valuation

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Pine Labs, which provides digital payments and commerce solutions to merchants, has started working towards an IPO by March 2022 in the US, sources aware of the matter said. from Stocks-Markets-Economic Times https://ift.tt/2O6XXxc

SGX Nifty down 10 points; here's what changed for market while you were sleeping

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Most Asian markets opened higher on Wednesday, as global financial shares retraced some of their recent losses, driven in part by higher bond yields, and investors awaited a closely watched Chinese factory activity survey. In early Asian trade, Australian S&P/ASX 200 index rose 0.84 per cent, Korea's Kospi added 0.64 per cent while Hong Kong's Hang Seng index were up 0.23 per cent. Japan's Nikkei 225 index was down 0.50 per cent. from Stocks-Markets-Economic Times https://ift.tt/39uPPxV

Darshan at Shree Somnath Temple

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Darshan at Shree Somnath Temple from News - Videos - The Times of India https://ift.tt/31vnxPw

Religious conference in Srinagar propagates the message of peace and unity

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Religious conference in Srinagar propagates the message of peace and unity from News - Videos - The Times of India https://ift.tt/3u3auks

Asian stocks poised for first monthly loss since October

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MSCI's broadest index of Asia-Pacific shares outside of Japan climbed for a fourth consecutive day to a one-week high of 682.36 points. from Stocks-Markets-Economic Times https://ift.tt/39whUFj

Stocks in the news: IDFC First Bank, IRB Infra, L&T, DRL & UltraTech Cement

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IDFC First Bank said it has fixed the floor price at Rs 60.34 for the Rs 3,000 crore qualified institutional placement (QIP) issue. from Stocks-Markets-Economic Times https://ift.tt/31AuZZC

HDFC Securities users face stock quote mismatch

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HDFC Securities customers have been complaining of a mismatch between stock quotes displayed by the mobile application and those available online. There have also been instances of distorted portfolio valuation numbers experienced by the stock broker’s customers. from Stocks-Markets-Economic Times https://ift.tt/3djW4WH

Top brokerage says Covid surge may increase risks for banks

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​​The brokerage has highlighted risks emerging for AU Small Finance Bank and RBL Bank which have a high proportion of loans to small enterprises and micro finance. from Stocks-Markets-Economic Times https://ift.tt/3sxAEM1

Learn with ETMarkets: Who are the Hedgers and Speculators?

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​Hedging is the act of managing price risk where the objective is to protect oneself against a loss. Speculation is basing a buying or selling decision more on hope rather than on time-tested reasoning for making gains. from Stocks-Markets-Economic Times https://ift.tt/3wbhkq1

Key indicator hinting at strength in midcap stocks

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The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Historically since the advent of Nifty Midcap 100 in January 2001, the index has seen a golden crossover on weekly charts only on two instances. The first time was in January 2010 and the second time in May 2014. from Stocks-Markets-Economic Times https://ift.tt/2PLBDcN

Payment companies face tighter RBI norms

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To submit compliance certificates twice a year, confirming adherence to data storage norms from Stocks-Markets-Economic Times https://ift.tt/3cBzPw7

‘Are we not human?’ India’s trash pickers left out of vaccination rollout

They are among the estimated 20 million people around the world who keep cities clean. But despite risks, they miss out on the health services they need. from Sydney Morning Herald - World https://ift.tt/3czmfJA

G. Gordon Liddy, operative convicted in Watergate scandal, dies

With his intense stare, cannonball head, bristling mustache and machine-gun style of speaking, Liddy looked like the archetypal bad guys he later depicted on TV. from Sydney Morning Herald - World https://ift.tt/31ybyAJ

Joe Biden’s dog Major bites again

The German shepherd nipped someone while on a walk on Monday while still adjusting to his new surroundings, a White House staffer said. from Sydney Morning Herald - World https://ift.tt/3ueFChj

Everybody dance now: New York’s post-pandemic live scene revival

The city that never sleeps slipped into a COVID-era coma last March. But New York’s nightlife is back, with lights on for clubs and live shows from Friday. from Sydney Morning Herald - World https://ift.tt/39uDqKn

Pet psychic business blossoms in Taiwan as people seek connection without kids

Some see Taiwan’s religions of Daoism and Buddhism as encouraging the trend but experts say it is driven by a growing sense of isolation in the middle-class. from Sydney Morning Herald - World https://ift.tt/2PeqMZk

ETMarkets Morning Podcast: Look who is cashing in on reverse arbitrage

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from Stocks-Markets-Economic Times https://ift.tt/3wampPk

Buy Varun Beverages, target price Rs 1145: Motilal Oswal

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Varun Beverages Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 28684.11 Crore) operating in FMCG sector. from Stocks-Markets-Economic Times https://ift.tt/3w4eoeO

Buy United Breweries, target price Rs 1290: Yes Securities

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United Breweries Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 32688.41 Crore) operating in Beverages - Alcoholic sector. from Stocks-Markets-Economic Times https://ift.tt/3m7L8zd

Stocks in focus: M&M, JSW Steel, ICICI Bank and more

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from Stocks-Markets-Economic Times https://ift.tt/39rezHs

Buy or Sell: Stock ideas by experts for March 30, 2021

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from Stocks-Markets-Economic Times https://ift.tt/3fpGueP

Asia shares mixed as broader worries about US hedge fund default ease

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GLOBAL-Asia shares mixed as broader worries about U.S. hedge fund default ease from Stocks-Markets-Economic Times https://ift.tt/3u6ydQV

Heart of Asia conference: EAM Jaishankar meets Afghan President Ghani

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Heart of Asia conference: EAM Jaishankar meets Afghan President Ghani from News - Videos - The Times of India https://ift.tt/3sBUuFN

Darshan at Shree Somnath Temple

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Darshan at Shree Somnath Temple from News - Videos - The Times of India https://ift.tt/3dgxu8V

One of world’s greatest hidden fortunes is wiped out in days

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Hwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu Inc., Baidu Inc. -- all of which had soared this year, sometimes confounding traders who couldn’t fathom why. from Stocks-Markets-Economic Times https://ift.tt/2PD1B2g

‘Shakti’ network powers HUL’s rural growth

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“Following the outbreak of Covid, in the beginning there were many hurdles in getting products across to households. At the same time, there was a demand for hand washes, detergents and sanitisers — all of which are required for hygiene and safety. My father travelled to nearby villages to distribute these products, while I ensured that the houses in our village were well stocked,” Dwivedi told TOI. from Stocks-Markets-Economic Times https://ift.tt/2PbM8qe

SGX Nifty up 10 points; here's what changed for market while you were sleeping

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Asian shares were trading flat to positive on Tuesday as investors shook off earlier worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher. Hong Kong's Hang Seng rose 0.3 per cent to 28,433.19, Korea's Kospi added 0.5 per cent to 3,050.83. Japan Nikkei edged 0.08 per cent lower at 29,360.98. from Stocks-Markets-Economic Times https://ift.tt/3wd3i7i

View: Archegos greed got the better of Wall Street

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Bill Hwang’s investment firm, which ended up having to meet one of the largest margin calls on record, was a disaster waiting to happen. from Stocks-Markets-Economic Times https://ift.tt/3m1JBed

Stocks in the news: Nazara, Dr Reddy's, Vi, Adani Transmission & Manappuram Finance

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Here are a few stocks which may buzz the most in today's trade. from Stocks-Markets-Economic Times https://ift.tt/3wdXElE

Minority shareholders should ink pacts for board seat in investee co: Experts

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Minority shareholder is widely referred to as someone who owns less than 50% of the total voting rights of a company or someone who owns less than the majority shareholder. On the other hand, a small shareholder is someone who holds shares worth at least Rs 20,000. from Stocks-Markets-Economic Times https://ift.tt/2PJCzhO

Newly wed couple blamed for Palm Sunday church bombing

Indonesian police said the couple, married six months, used pressure cooker bombs in an attack on a Roman Catholic Cathedral. from Sydney Morning Herald - World https://ift.tt/3dk6WUi

Billions in secret derivatives at centre of Archegos blowup

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The idea that one firm can quietly amass outsized positions through the use of derivatives could set off another wave of criticism directed against loosely regulated firms that have the power to destabilize markets. from Stocks-Markets-Economic Times https://ift.tt/39r5zC4

Peak margin norms hit cash & futures volumes as traders go for options

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The new system has been adopted over four phases. In the first phase from December 1, the investors were asked to keep 25 per cent of the peak margin available with the broker while from March 1, the margin requirement will be increased to 50 per cent. from Stocks-Markets-Economic Times https://ift.tt/3m1HoPX