up to 8% fd rate: 5 banks offering best 5-year fd interest rates for senior citizens
The pan-European STOXX 600 index held its ground at 512.74 points by 0711 GMT, after snapping a five-day winning streak in the previous session.
Decathlon has announced plans to invest €100 million in India over the next five years to expand its store network to 190 locations. The investment aims to enhance digital engagement and local manufacturing. CEO Sankar Chatterjee emphasized the brand's commitment to India's market and sports culture, with plans to double its business and foster sports participation.
On the technical charts, the RSI of the stock stood at 51.37.
The Japanese currency strengthened back to the 145 levels per dollar after falling as far as 147.34 the previous day, although a halt in the yen's rise helped narrow equity losses in the Asian afternoon. Nikkei finished 0.3% lower at 37,951.8 after falling 1% in early trade, while the broader Topix fell 0.2% to 2,664.86.
The only variation may be that okay within midcaps the argument that you have also probably been hearing is between some more expensive stocks, less expensive stocks and technically, we can filter that out by looking for where are the divergences? If there are any loss of momentum on weekly charts or monthly charts, those are areas where we can sort of avoid certain stocks.
Edelweiss Balanced Advantage Fund, celebrating 15 years, is an open-ended dynamic asset allocation fund. Launched on August 20, 2009, it invests in equity and fixed income, adjusting allocations
Verizon Communications’ global capability centre in India has expanded to over 7,065 employees, making it the company's biggest presence outside the US. Starting with basic tasks 20 years ago, it now handles R&D, data analytics, and 5G solutions. CEO Hans Vestberg emphasized the centre’s importance in Verizon’s global operations.
A total of 368,543 shares changed hands on the counter till 01:18PM (IST).
India's Kakrapar Atomic Power Station saw its second home-built 700 MW nuclear reactor begin operating at full capacity. The Nuclear Power Corporation of India Limited confirmed that Unit 4, which started commercial operations on March 31, 2024, has now reached 700 MWe. This marks a significant milestone, as India plans to add 14 more reactors by 2031-32.
Michelle Obama, speaking at the Democratic National Convention, criticized Donald Trump for questioning Kamala Harris' background, emphasizing that no one has a monopoly on American identity. She praised Harris as highly qualified and recounted her journey from a middle-class household to vice president, sharing a vision of hope for America's future.
A total of 3,664 shares changed hands on the counter till 01:13PM (IST).
TransBnk, a Mumbai-based fintech firm, has raised $4 million in funding. The company was earlier backed by M2P and Slice. The startup will use the funds to expand its network of banking partners and increase its product offerings.
ICICI Securities' shares dropped 5% to Rs 808.55 following the NCLT Mumbai's approval of its delisting application. The tribunal dismissed objections from Quantum Mutual Fund and Manu Rishi Guptha, who argued the delisting harms minority shareholders. ICICI Securities noted significant shareholder support, with over 93% approving the delisting proposal.
Atul Garg told ET “In FY24, our domestic branded business had generated a turnover of Rs 265 crore, out of our total turnover of Rs 1800 crore. In the current financial year, we are aiming to achieve a turnover of Rs 650 crore from our domestic branded business. And for 2026, we have kept a target of Rs 1,000 crore.”
A 40-year-old Indian doctor, Oumair Aejaz, has been arrested in the US and held on a USD 2 million bond for allegedly recording hundreds of nude images and videos of children and women. His wife exposed the crimes, leading to a massive investigation uncovering more potential victims and thousands of videos.
A Kerala woman fell victim to a 'Customs Fraud' scam, losing Rs 12 lakh. Imposters posing as customs officials demanded payments for non-existent packages, escalating the fraud. A friend's advice helped her realize the scam. The government’s PIB Fact Check has since issued warnings and tips to help people avoid such traps and report suspicious calls.
India's urea import dependency is expected to drop to 10-15%, according to Crisil. New plant operations and stable profits will enhance domestic production. Government's adequate subsidy allocation ensures industry stability. The industry, which gets 80-85% sales from subsidies, benefits from timely disbursement and steady working capital cycles.
The White House clarified on Tuesday that President Joe Biden's approval of a classified nuclear strategic plan earlier this year is not directed at any specific country or threat. This statement follows a New York Times report suggesting that the U.S. deterrence strategy was reoriented to address China's expanding nuclear arsenal. The Arms Control Association confirmed that the U.S. nuclear strategy remains consistent with the 2022 Nuclear Posture Review, and that Russia continues to be the primary... Читать дальше...
Profit margin shows the percentage of sales turned into profits. ETMarkets examines companies that have sustained a profit margin above 10% for each of the past four quarters.
India plans to invest almost $300 million over two years for expanding water bodies and building drainage systems in seven cities to combat flooding and conserve water. The initiative includes early-warning systems and is the first federal flood control measure centered on water bodies. This move follows persistent urban flooding and water shortages in recent years.
On the technical charts, the RSI of the stock stood at 62.29.
BJP leader Kiran Choudhry has filed her nomination for the Rajya Sabha bypoll from Haryana, with support from Chief Minister Nayab Singh Saini and several BJP MLAs. Choudhry, who recently switched from Congress to BJP, resigned from the Vidhan Sabha before being named the BJP's nominee. The bypoll was triggered by Congress leader Deepender Singh Hooda's election to the Lok Sabha. With the BJP's majority in the assembly, Choudhry is expected to win the seat. The election is set for September 3.
