Compounding refers to the process of growing wealth by earning "interest on interest." In practical terms, investors contribute a certain amount regularly, and the interest earned is added back to the principal, thereby generating more interest in the subsequent periods.
The warehouse sector has tripled in employment but doubled injury rates due to productivity targets, injuring workers like Keith Williams. The Warehouse Worker Protection Act seeks regulation. California fined Amazon $6 million for non-disclosure. The U.S. Chamber of Commerce opposes it. Emma Greenman supports state laws. Technology compounds workload while Amazon disputes having quotas and claims equitable management.
195 out of 237 passive funds delivered double-digit returns, while the remaining 42 saw single-digit gains. According to ACE MF data, the top 10 performers are listed below.
IMD Weather Forecast: The IMD has issued warnings of heavy rainfall across Northwest and East India, with Northeast India also bracing for prolonged showers. Recent heavy rains caused severe disruptions in states like Himachal Pradesh, Uttarakhand, and Rajasthan. Central India, including Maharashtra and Karnataka, expects heavy rainfall in the next few days. Delhi anticipates intermittent rain and thunderstorms. Tragic incidents like drowning and landslides have been reported in Uttarakhand and Himachal Pradesh. Читать дальше...
Promoters own 66.75% of the company, with the remaining 33.25% held by the public. Mutual funds account for just over 7% of public shareholding, and foreign investors have no significant stake.
We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
The S&P 500 experienced a 2% increase over the week, marking its most significant gain since April. This rise was driven by data indicating a contraction in the services industries and an increase in the unemployment rate, which bolstered hopes for rate cuts. Ten-year Treasury yields, which had initially surged following President
CBSE has released admit cards for the 2024 compartment exams. Students can download them from the official website. Exams for Class 10 and 12 will begin on July 15. Remember to carry the admit card and ID proof to the exam center. Candidates who have submitted supplementary LOC forms for Class 10 and 12 can access their admit cards via this direct link.
To ensure safe and efficient movement of pilgrims and other commuters during the holy Amarnath Yatra, the Jammu and Kashmir Traffic Police have issued an advisory on National Highway-44 with cut-off timings and instructions for various convoy and non-convoy movements.
Copa America debutants Canada will face Argentina in New Jersey on Tuesday for a chance to play in the July 14 final. The semi-final will be a rematch of the tournament's opener, in which the defending champions Argentina claimed a 2-0 win. The North American side became the fourth CONCACAF team to reach the semi-finals of Copa America, after Mexico, Honduras and the United States.
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), for non-compliance with RBI directions. PNB became the fifth bank to be penalized, with a penalty of Rs 1.31 crore. The penalty was imposed for non-compliance with RBI directions regarding 'Loans and Advances: Statutory and Other Restrictions' and the 'Reserve Bank of India (Know Your Customer (KYC) Direction, 2016'.
A European Commission probe launched last year concluded that state subsidies for Chinese EV manufacturers were unfairly undercutting European rivals, which Brussels wants to shield as they transition from thermal to electric power.
Nonfarm U.S. payrolls increased by 206,000 jobs last month, the Labor Department report showed. Data for May was revised sharply down to show 218,000 jobs added instead of the previously reported 272,000. The unemployment rate rose to 4.1%, slightly higher than the estimated 4.0%.
"Gold is trading at one-month highs as lower payroll revisions and yet another uptick in the unemployment rate help 'cement' a September rate cut," said Tai Wong, a New York-based independent metals trader.
The head of Israel's Mossad has returned from Doha after an initial meeting with mediators trying to reach a Gaza ceasefire and hostage release deal, and negotiations will resume next week, Prime Minister Benjamin Netanyahu's office said on Friday.
According to preliminary data, the S&P 500 gained 29.67 points, or 0.54%, to end at 5,566.69 points, while the Nasdaq Composite gained 163.04 points, or 0.90%, to 18,351.34. The Dow Jones Industrial Average rose 64.78 points, or 0.16%, to 39,372.78.
The S&P 500 has rallied 16% so far in 2024, driven by a handful of massive stocks poised to benefit from emerging artificial intelligence technology. Only 24% of stocks in the S&P 500 outperformed the index in the first half, the third-narrowest six-month period since 1986, according to BofA Global Research strategists.
The source said that the proposal ensures that mediators would guarantee a temporary ceasefire, aid delivery, and withdrawal of Israeli troops as long as indirect talks continue to implement the second phase of the agreement.
The Amarnath Yatra was temporarily suspended on Saturday on both routes to the cave shrine due to heavy rainfall. Intermittent heavy rains along the Baltal and Pahalgam routes led officials to take precautionary measures to ensure pilgrim safety. Over 1.50 lakh devotees have already visited the 3,800-metre-high cave shrine to see the naturally formed ice lingam. The yatra began on June 29 via the traditional 48-km Nunwan-Pahalgam route and the shorter but steeper 14-km Baltal route, and will continue until August 19. Читать дальше...
The Mumbai-based firm, owned and operated by Bloombay Enterprises, competes with players like Theobroma and other western dessert players such as Baskin Robbins and Mad Over Donuts in a growing local F&B market.
Railway stocks surged as Minister Ashwini Vaishnaw announced 12,500 new coaches, and RVNL partnered with Delhi Metro Rail. IRCON, BEML, Railtel, Texmaco Rail Engineering, and IRFC saw gains.
In recent activity, nearly 3.9 million new investor accounts were opened with the Central Depository Services Ltd (CDSL), and an additional 0.4 million accounts were registered with the National Securities Depository (NSDL). By comparison, May witnessed a total of 4 million new accounts, while April saw 2.6 million new accounts.
Wockhardt's Zaynich antibiotic surged stock by 75%. CEO Habil Khorakiwala cited its uniqueness; phase three trials end this fiscal year. Compared to Novo Nordisk's Ozempic, Zaynich’s $25 billion potential counters global antibiotic resistance.
Senior Congress leader Rahul Gandhi is scheduled to visit Ahmedabad, Gujarat, on Saturday to address party workers and meet families affected by recent tragedies, including the Rajkot game zone fire, boat capsize in Vadodara, and Morbi bridge collapse. His visit comes amidst tensions following clashes between BJP and Congress workers over alleged remarks by Gandhi. Complaints and FIRs have been filed, leading to the arrest of five Congress workers. Gandhi will also meet the families of these arrested... Читать дальше...
