ONE YEAR
US consumer sentiment ebbs in July; inflation expectations improve
The University of Michigan's survey shows a decrease in consumer sentiment in July, with improved inflation expectations for the future. One-year and five-year inflation outlooks have slightly dropped compared to June. Election uncertainty remains a factor in economic perceptions.
Best Business Books in India: Grow With Your Business (2024)
Are you an aspiring entrepreneur or a businessman already? No matter where your business stands at the moment, you can always grow it more by enhancing your skills. To help you do the same, we have curated a list of the best business books in India which will help you in various aspects of your business.
Angel One's data breach dates back to April 2023, company clarifies
There has been no breach of any data since the incident reported to the stock exchanges on April 21, 2023, Angel One said.
'One Piece Day' 2024 celebrates 25 years: Know the dates, events, ticket prices and more
'One Piece Day', recognized by Japan's Anniversary Association on July 22, celebrates its 25th anniversary this year, with exciting events. It will be streamed live globally on YouTube, and fans can enjoy panels, performances, and more.
The underlying bias is changing after three years of painful readjustment: These IT stocks can 16 to 38% returns in one year
While it might still not be making it to the headline, there has been a clear change in the stance for IT stocks post election results. After a long phase of underperformance the stocks are making a comeback. Because at this point of time, no one is able to assign any reason why this is happening, so there is no narrative on the street. The fact is that price action precedes the narrative. One bit of positive commentary on Q1 results and there will be no dearth of narratives. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Volvo to launch only EVs in India, plans one new car every year
Swedish luxury carmaker Volvo Cars plans to exclusively launch electric vehicles in India after 2030. Volvo aims to introduce one new electric vehicle annually, starting with the EX30 in 2025. The market for electric cars in India, though currently small, is growing rapidly. Volvo holds a significant share in the luxury EV segment in India and sees potential for further growth in the country's luxury vehicle market.
Defence sector has delivered 200% return in last one year: Is it the right time to invest in defence stocks?
Defence stocks have shot up smartly in the past year. Experts are optimistic about the sector’s long-term prospects, given the substantial investment and demand anticipated in the coming years. According to the Nomura report, the sector is expected to present an ordering opportunity worth $138 billion over the fiscal years 2024 and 2032. Find out if the growth in defence sector is sustainable.
FD interest of up to 8.35% on senior citizen FDs maturing between one year and less than two years: List of banks offering best rates
Fixed deposit: Senior citizens can get upto 8.35% interest rate on FDs maturing between one year and less than two years. There are many private sector banks who are offering an FD of such high interest rate, so hurry up and book an fixed deposit with the banks offering such a high FD interest rate.
These 7 bank stocks can give more than 22% returns in one year
Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Centre eyeing one startup in every district by next year
The government is optimistic about its plan to have at least one registered startup in all 785 districts of the country, industry department officials said. With only 20-25 districts remaining without a startup, the goal is expected to be achieved within a year.
Tapan Kumar Deka gets one year extension as Intelligence Bureau chief
Tapan Kumar Deka, known as the 'superspy,' received a one-year extension as the chief of the Intelligence Bureau. Deka, a 1988-batch IPS officer, is recognized for his expertise in handling terrorism and radicalization cases.
Brad Pitt's upcoming F1 movie to release globally next year in June: Check details
Brad Pitt's upcoming Formula One movie, set for release in June 2025, has generated significant anticipation. Co-produced by seven-time F1 world champion Lewis Hamilton, the film features Pitt as a former driver staging a comeback alongside Damson Idris. Directed by Joseph Kosinski and produced by Jerry Bruckheimer, the movie promises an exciting plot set within the world of F1, with filming taking place during selected grand prix weekends.
5Paisa CEO Narayan Gangadhar quits after a year of joining firm
Gangadhar had quit Angel One to join rival broking platform 5Paisa only a year ago. According to sources, Gangadhar's resignation will come into effect on August 28.
Banks seek one more month to comply with international card spend rule
Indian lenders are seeking a one-month extension from the government to comply with the Liberalised Remittance Scheme (LRS) for international credit card spends. The scheme allows Indian residents to remit up to $250,000 abroad in a financial year for permissible purposes such as education, travel, and investment. Last year, the government announced that forex transactions through credit cards would be covered under the scheme and charged 20% tax collected at source (TCS) beyond the threshold of ₹7 lakh per fiscal.
What is NATO chief's proposal for military aid for Ukraine?
NATO foreign ministers will debate a military support package for Ukraine proposed by alliance boss Jens Stoltenberg, due to uncertainty over future U.S. support for Ukraine due to the possible return of former president Donald Trump to the White House. Stoltenberg has proposed putting military aid for Kyiv on a longer-term footing, along with a multi-year financial pledge. NATO's 32 member countries have different views on the plan, and the ministers will seek to narrow those divisions at their meeting in Prague.
10-year bond yield falls to near-one-year low on RBI’s record surplus dividend transfer to govt
A fall in government bond yields lowers borrowing costs across the economy as sovereign debt yields are the benchmarks for determining price of corporate borrowing.
DRDO chairman Samir V Kamat gets one-year extension
Government sources said that the successor of General Pande would be appointed by the government to be formed after the results on June 4.The Army chief was supposed to retire on May 31 after a 25-month tenure. The extension comes at a time when his successor has not yet been appointed.
Four PSU mutual funds offered over 100% returns in one year. Will the magic repeat after election?
Of the four PSU theme-based mutual funds that offered over 100% returns in the last one year, CPSE ETF was the topper with an average gain of 121.18%. PSU theme-based funds have offered an average return of 28.04% in last five years.
Naveen Patnaik pushed Odisha back 50 years during BJD's 25-year rule: Amit Shah
Amit Shah criticized Odisha CM Naveen Patnaik for regressing the state by 50 years during BJD's 25-year rule, urging voters to support BJP. He promised to reveal the judicial commission report on the missing keys of Puri Jagannath temple's Ratna Bhandar within six days of government formation and highlighted PM Modi's success in countering terrorism and Naxalism in India.
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