Former England captain Nasser Hussain praised Virat Kohli for his performance in big matches despite his struggles in the ongoing T20 World Cup 2024, highlighting his crucial innings against Pakistan in the 2022 edition. Hussain emphasised Kohli's importance in key games and urged against doubting his abilities, attributing Kohli's recent challenges to pitch conditions. India will face South Africa in the final match at Kensington Oval in Barbados, with both teams having contrasting tournament journeys.
May's stable inflation, influenced by service costs and goods prices, sets the stage for potential Federal Reserve interest rate changes. The report highlights slight consumer spending growth and hints at the Fed's aim for a controlled economic slowdown through core inflation moderation.
The new tax reporting requirements for crypto brokers aim to improve accuracy, ensuring that crypto owners pay the tax owed on digital asset transactions. The rules will help simplify reporting and may lead to additional IRS regulations for non-custodial brokers in the future.
The first half of 2024 was marked by soaring mega caps, political uncertainties, and remarkable movements in commodities and emerging markets. From Nvidia's market value surge to Japan's weakening yen and the rise of cryptocurrencies, the period reflected a mix of challenges and opportunities shaping the global economy.
Anant Ambani and Radhika Merchant's upcoming wedding has Mumbai abuzz with excitement. The couple, set to tie the knot soon, is preparing for grand celebrations, including a mass wedding for the underprivileged on July 2 in Palghar. The main ceremonies will take place at Mumbai's Jio World Convention Centre in BKC, starting with the auspicious Shubh Vivah on July 12. This union joins two prominent industrialist families, with earlier festivities in Jamnagar drawing global influencers and cultural icons like Mark Zuckerberg... Читать дальше...
Bond market trends are closely tied to Powell's testimony, economic indicators, and Treasury yield movements. Factors like the recent Australia inflation rebound, central bank actions, and insights from Macquarie Group are key considerations for investors navigating market uncertainties.
Euro 2024 excitement rises with political shifts in Britain and France. M&A activity surges amidst economic uncertainties. Emerging Asia grapples with inflation as central banks navigate rate decisions. Labour's potential win in Britain poses fiscal challenges. The market awaits U.S. job data impact on Federal Reserve's rate policy.
Nike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. The company's strategic pivots towards sustainability and product revamps aim to counter market pressures, signaling a critical phase for Nike's future direction and management dynamics.
Market dynamics were influenced by strategic acquisitions like Nokia's deal with Infinera, impacting trading volume. Sector performances varied, with energy and real estate sectors showing resilience, while utilities and communications services faced declines.
D. Srinivas, former Andhra Pradesh Congress president and minister under YS Rajasekhar Reddy, passed away at 76. He played pivotal roles in state politics, serving as PCC president during the 2004 and 2009 elections. After leaving Congress, he served as a Rajya Sabha Member from 2016 to 2022, returning to the party later. His death prompted condolences from Chief Revanth Reddy, Union Minister G Kishan Reddy, Telangana ministers, and Congress leaders, marking the end of a significant political career.
The July series remains strong with Nifty target at 24,400. Bank Nifty is supported at 52,000. Rajesh Palviya has advised a buy-on-dip strategy. if Bank Nifty crosses the 52,600 mark, then this rally can extend further towards 53,400 to 53,600 also. So, both indices are looking bullish at this moment. Nifty Realty is in consolidation mode. Potential downside for Nifty Realty. Godrej Realty is showing strength.
Collaborating with Rohit Prasad, I contribute to Amazon's AI advancements under CEO Andy Jassy's leadership. The tech industry closely watches as companies like Amazon and Microsoft invest heavily in AI technology, facing regulatory scrutiny. Amazon's strategic hires and focus on integrating generative AI into Alexa showcase its commitment to enhancing AI capabilities and competing with industry leaders.
After the inclusion in the JP Morgan global bond index, in the short term. we need to prepare for volatility. But in the long term, the collateral and the second-round benefits are huge, says Abheek Barua. He expects this to lead to an improvement in the fixed-income ecosystem, which unfortunately has not taken off that well
Since touching down in the USA and the West Indies for the marquee event, Kohli has been searching for runs from his bat throughout the ongoing edition of the marquee event.
Boeing Co. is in talks with the US Justice Department to resolve potential charges related to the 737 Max crashes. The settlement may include a corporate monitor. DOJ prosecutors seek charges, but it's uncertain if Boeing will plead guilty. Challenges continue with ongoing investigations and financial strains.
A Panamanian court has acquitted 28 individuals who were charged with money-laundering offenses connected to the Panama Papers and "Operation Car Wash" scandals. The judicial branch announced the acquittals, noting that precautionary measures against all defendants have been lifted. One criminal case was canceled due to the death of a defendant, Ramon Fonseca, co-founder of the now-defunct Mossack Fonseca law firm. The court also imposed fines on witnesses for non-compliance with summonses and found... Читать дальше...
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 15% and 31% as per analysts’ price targets.
European Commission assesses tech partnerships for merger control compliance, focusing on potential market concentration effects. Regulators worldwide scrutinize Big Tech's dominance in AI, raising concerns about access for smaller developers. Vestager leads investigations into exclusive clauses and talent acquisitions, aiming to prevent monopolistic practices and promote fair competition.
Kanani sold 14.95 lakh shares at 1,611.14 each. Shares of Neogen Chemicals closed at 1,592.85 on Friday after a decline of 4.76%
ICICI Prudential Mutual Fund was the single largest buyer at 1,001 crore, followed by Morgan Stanley Asia Singapore PTE and Citigroup Global Markets Mauritius fund. Shares of HCL Technologies closed 0.42% up on NSE at 1,461 Friday.
While IT remains a trading pick, I am cautious due to potential downside risks in the US market affecting IT jobs. Pharma and FMCG are top picks due to the expected resurgence in consumption, likely to drive strong performances over the next quarters.
A canopy collapse at Delhi Airport’s Terminal 1 led to a suspension of operations, affecting 128 flights. Passengers were redirected to Terminals 2 and 3. The Civil Aviation Ministry set up a "war room" for crisis management. Authorities are investigating, with steps planned to prevent future incidents. Airlines and the airport are managing increased traffic at the remaining terminals.
The IPO consisted of a fresh issue of ₹200 crore and an offer for sale of 91.3 lakh shares aggregating to ₹337 crore on the upper price band. The offer was subscribed 96.98 times on its final day of bidding on June 25.
