SYDNEY, NSW, Australia - Stocks were mixed on Friday despite U.S. President-elect Joe Biden announcing a $1.9 trillion stimulus package to boost the American economy in the wake of the pandemic.However, most indices reversed course after worries set in about the cost and the resultant debt it will create."At the moment, the market continues to push higher as there's more stimulus, lower rates for longer a

Asian stocks battle despite Biden's $1.9 trillion stimulus plan

Asian stock markets struggle Friday, U.S. dollar gains

Biden stimulus proposal fails to boost stocks in Asia

NEW YORK, New York - U.S. stocks fell on Thursday following data showing a larger-than-expected increase in weekly unemployment claims, and the overnight impeachment of U.S. President Donal Trump by the House of representatives."The economy clearly needs additional support from Washington because right now rising jobless claims tells us the labor market recovery has stalled and the direction is full-tilt down," 

Wall Street drops after rise in weekly unemployment claims

U.S. stocks ease after president's impeachment

Impeachment rattles U.S. investors, all ket stock indices lose ground

SYDNEY, NSW, Australia - Stock markets in Japan were all ablaze on Thursday with investors pouring into the rising market, in fear of missing the bus.The Nikkei 225, which has gained in the past five trading sessions, hit a new, fresh 30-year high."The upward market trend is prompting investors to buy more stocks. Investors are buying stocks out of this 'fear of missing out' sentiment," Takashi Hiroki, Ch

Stock markets in Japan ablaze on Thursday, Nikkei 225 at 3-decade high

Japanese shares rise for fifth day in row

Tokyo stock markets hit 30-year high

NEW YORK, New York - U.S. stocks had a mixed day Wednesday as data showed a slight uptick in inflation through an increase in the CPI, offset by a slimming of interest rate yields which saw a rise in bond pond prices. "The market is starting to price in that there are some risks ... valuation is pr

U.S. stocks take a breather, dollar ends mixed

U.S. equities and foreign exchange markets close mixed

Wall Street has slow, quiet day, indices trade mixed

SYDNEY, NSW, Australia - Stocks in China and Hong Kong sank on Wednesday, while in Japan and Australia the major indices closed higher.The Australian All Ords advanced 14.80 points or 0.21 percent to 6,953.90.In Japan, the Nikkei 225 jumped 292.25 points or 1.04 percent to 28,456.59.In Hong Kong, the Hang Seng shed 41.15 points or 0.15 percent to 28,255.60.China's Shanghai Composite fell 9.6

Asian stocks close mixed, Japan's Nikkei 225 gains 292 points

Mixed performance on Asian stock markets Wednesday

Australian and Japanese stocks advance, dollar remains under pressure

NEW YORK, New York - U.S. stocks managed to finish in the black on Tuesday but gains were unremarkable. With inflationary pressures building, as reflected in the recent price rises in the bond market, some are seeing that as a sign the U.S. Federal Reserve may begin scaling back its accommodative stance, and assets purchasing, but not everyone shares that view. "Despite the fact that some commentators are

U.S. stocks drift higher in choppy trade

Little movement on U.S. stock markets Tuesday

Wall Street holds on to minor gains as greenback slides again

Mumbai (Maharashtra) [India], January 15 (ANI): Housing finance companies (HFCs) are expected to generate 12 to 17 per cent return on equity in the next two years as credit costs normalise, Motilal Oswal Financial Services said on Friday.
Over the past two years, the top two HFCs have outperformed on account of strong parentage and access to debt capital. These players have been able to capture the revival in real estate 

HFCs to generate 12 to 17 pc RoE in FY22-23: Motilal Oswal

Bengaluru (Karnataka) [India], January 15 (ANI/NewsVoir): The year of 2020 began with a series of uncertainties but soon businesses started to slowly stabilize, and some even grew back to pre-Covid levels. Every business across every sector took a severe hit, and the FinTech sector as well did not escape the pandemic. The first 30 days of the global crisis were the toughest, and Razorpay too witnessed a decline of 30% in 

Financial services sector sees 120 percent growth in 2020

Mumbai (Maharashtra) [India], Jan 15 (ANI): Equity benchmark indices extended early losses to close one per cent lower on Friday amid broad-based selling as traders booked profit.
The BSE SP Sensex wound up the day 549 points or 1.11 per cent lower at 49,035 while the Nifty 50 slipped by 162 points or 1.11 per cent to 14,434.
All sectoral indices at the National Stock Exchange were in the red with Nifty IT and PSU bank do

Sensex cracks by 549 points, IT stocks drag

Noida (Uttar Pradesh) [India], January 15 (ANI): HCL Technologies on Friday reported a net income of Rs 3,982 crore for the quarter ended December 2020, up 26.7 per cent quarter-on-quarter and 31.1 per cent year-on-year.
The revenue increased by 3.8 per cent q-o-q and 6.4 per cent y-o-y to Rs 19,302 crore due to broad-based growth in segments and geographies.
The dollar revenue during December quarter was at 2.6 billion, 

HCL Tech reports 31 pc jump in Q3 profit at Rs 3,982 cr

Mumbai (Maharashtra) [India], January 15 (ANI): Equity benchmark indices were in the negative zone during early hours on Friday amid broad-based selling as traders booked profit.
At 10:15 am, the BSE SP Sensex was down by 228 points or 0.46 per cent at 49,356 while the Nifty 50 slipped by 67 points or 0.46 per cent to 14,528.
All sectoral indices at the National Stock Exchange were in the red with Nifty pharma dipping by 

Equity indices dip as traders book profit

Queues of lorries at borders and empty supermarket shelves confirm what most already knew: the EU-UK

Brexit trade problems: what&#039;s gone wrong and can it be fixed?

New Delhi [India], January 14 (ANI/NewsVoir): Wishfin has acquired Ladders, a fintech startup founded by Mr. Prakhar Aggarwal. Ladders was built to simplify buying mutual funds, investment, and insurance products and it deploys a unique customer experience flow to enable better decision making by the customer. Post-acquisition, Ladders team, including Mr. Prakhar Aggarwal, will be joining Wishfin. Ladders has created a mu

Wishfin acquires Fintech Startup Ladders

Mumbai (Maharashtra) [India], Jan 14 (ANI): Global private equity firm Warburg Pincus has increased its stake in affordable housing financier Home First by 5.03 per cent, taking its total to 30.62 per cent of the paid-up equity share.
This follows a stake sale by certain existing shareholders to Orange Clove Investments BV, an affiliate of the private equity funds managed by Warburg Pincus.
"Orange Clove has purchased 5.0

Warburg hikes stake in Home First Finance to 30.62 pc

New Delhi [India], Jan 14 (ANI): State-owned Power Finance Corporation (PFC) will open its Rs 5,000 crore public issue of secured, redeemable non-convertible debentures (NCDs) on January 15, the Ministry of Power said on Thursday.
The base issue size is Rs 500 crore with an option to retain oversubscription of up to Rs 4,500 crore, aggregating up to Rs 5,000 crore which is within the shelf limit of Rs 10,000 crore.
The NC

Power Finance Corp opens Rs 5,000 crore NCDs on Jan 15

Mumbai (Maharashtra) [India], January 14 (ANI): Equity benchmark indices wiped out early losses on Thursday and closed in the positive terrain led by gains in pharma counters.
The BSE SP Sensex closed 92 points or 0.19 per cent higher at 49,584 while the Nifty 50 ticked up by 31 points or 0.21 per cent to 14,596.
Sectoral indices at the National Stock Exchange were mixed with Nifty pharma gaining by 0.8 per cent, FMCG by 

Equity indices nudge higher, Nifty pharma up 0.8 pc

Mumbai (Maharashtra) [India], Jan 14 (ANI): Pune-based Indigo Paints said on Thursday it will open the offer period in relation to initial public offering of equity shares on January 20 and close by January 22.
The IPO comprises fresh issuance of equity shares worth Rs 300 crore and an offer for sale of up to 58.4 lakh equity shares by Sequoia Capital India Investments IV and SCI Investments V.
The company has fixed a pri

Indigo Paints IPO to open on Jan 20

Mumbai (Maharashtra) [India], Jan 14 (ANI): Equity benchmark indices traded lower during early hours on Thursday dragged by technology stocks.
At 10:15 am, the BSE SP Sensex was down by 199 points or 0.4 per cent at 49,293 while the Nifty 50 slipped by 48 points or 0.33 per cent to 14,517.
Sectoral indices at the National Stock Exchange were mixed with Nifty IT dipping by 2.1 per cent. Banking and FMCG were in the green.


Equity indices trade lower, IT scrips under pressure

WASHINGTON - Capping nearly a half-century in politics, Democratic Senator Chuck Schumer is on the verge of taking control as majority leader of a closely divided Senate, placing him at the center of the legislative battles to come when President-elect Joe Biden is inaugurated January 20.Schumer, 70, the first New Yorker and the first Jew to hold the position of Senate Majority Leader, will succeed Republican Ma

What to Expect From Schumer as Soon-to-Be Senate Majority Leader

The Johannesburg Stock Exchange index gained 0.5% as of 09:49 in Johannesburg, heading for a fresh record close, as mining stocks benefited from optimism over US stimulus spending that could spur an economic rebound and boost demand for metals.The FTSE/JSE Africa All Share Index resumed its advance after falling Tuesday for the first day in seven, pausing a rally that saw the gauge notch up four all-time closing

SA stocks resume climb as Anglo leads miners higher

New Delhi [India], January 15 (ANI): India and Nepal on Friday discussed several areas of cooperation including political and security issues and border management and exchanged views on cross-border rail connectivity projects, including a possible Raxaul-Kathmandu broad gauge railway line.
Nepal congratulated India on the remarkable success in the production of Covishield and Covaxin vaccines in India and requested for e

India, Nepal discuss cooperation on security issues

New Delhi [India], January 15 (ANI/PRNewswire): Emmbros Overseas - one of the fastest-growing Indian companies in the Beauty and HPC (HealthPersonal Care) segment - is delighted to introduce their premium all-new haircare range - GO Range under St Botanica. Enriched with potent naturally-derived ingredients, the perfect concoction of essential botanical extracts, the GO Range helps to re-bond and reinforce the hair surfac

St Botanica introduces 'GO Range' for Hair Care

YEI, SOUTH SUDAN - First, the soldiers stole their belongings. Then they took their food. On their third and final visit, the woman said, the soldiers raped her and her daughter-in-law until they were unable to walk.What sets these assaults in South Sudan apart from many other rapes by soldiers in the troubled country is this: The women brought the men to court and won.Ten years after South Sudan gained i

Rare South Sudan Soldiers&#039; Rape Conviction Raises Hopes for Justice

Stock markets struggled Friday as investors weighed mounting coronavirus concerns and President-elect Joe Biden's proposed $1.9-trillion stimulus package appeared to have already been largely priced in.In late morning deals, London stocks dipped 0.7%, with sentiment dented by news that the UK economy slumped 2.6% in November owing to virus curbs.Frankfurt declined 0.3% and Paris shed 0.5% in midday eurozo

Markets struggle after Biden unveils huge stimulus plan

Chandigarh (Punjab) [India], January 15 (ANI): Punjab Sports and Youth Services Minister Rana Gurmit Singh Sodhi on Friday said that the state is all set to excel in the upcoming Tokyo Olympics. Sodhi honoured the 90 players, who brought laurels for the state and country in the year 2017-18, with prizes worth around INR 1.66 crores.
Sodhi said that starting with the first phase on Friday of providing monetary assistance t

Punjab raring to go for Tokyo Olympics: Rana Sodhi

Hyderabad (Telangana) [India], January 15 (ANI): Air India on Friday announced the commencement of its first-ever non-stop services between Hyderabad and Chicago, which will fulfil a long-standing demand for a direct air-link between the two major cities.
"Air India continues to add wind beneath its wings to bring India and the USA closer with the commencement of its first-ever non-stop services between Hyderabad and Chic

Air India launches non-stop Hyderabad-Chicago service

Karachi [Pakistan], January 15 (ANI): China has imposed a temporary travel ban on Pakistani passengers after 10 of them tested positive for COVID-19.
According to Geo News, China has also stopped operating flights from Pakistan International Airlines (PIA) for three weeks.
PIA spokesperson Abdullah Hafeez confirmed that the national carrier has temporarily halted the flights after the development.
Pakistani passengers, wh

China imposes temporary travel ban on Pakistan

Islamabad [Pakistan], January 15 (ANI): A Pakistani International Airlines (PIA) plane was held back by a local court in Malaysia on Friday due to a legal dispute between the airline and another party.
Taking to Twitter, Pakistan's national carrier said: "A PIA aircraft has been held back by a local court in Malaysia taking one sided decision pertaining to a legal dispute between PIA and another party pending in a UK cour

Pakistan national carrier airplane held back in Malaysia

Patna (Bihar) [India], January 15 (ANI): Bihar Chief Minister Nitish Kumar on Friday informed that a special team has been formed to probe the murder of an IndiGo airlines manager and assured that strict action will be taken against the culprits.
Speaking to ANI about the murder and crimes in the state, the Chief Minister said, "I spoke with the DGP, a special team has been formed. Don't demoralise Police, if someone does

Special team formed to probe IndiGo manager's murder

Mangaluru (Karnataka) [India], January 15 (ANI): Customs has seized 2.15 kilograms of gold worth Rs 1.09 crore at Mangaluru International Airport (MIA) on Thursday.
Two people -- Faizal Thotty Melparamba, 37 and Shuhaib Mugu, 31 -- were arrested along with the gold. They were coming from Sharjah.
The customs of MIA intercepted Melparamba and Mugu based on an intelligence cue and their profile.
Both the individuals hail fr

Customs seizes 2.15 kg gold worth Rs 1.09 crore

Jakarta [Indonesia], January 15 (ANI/Xinhua): Indonesian authorities have downloaded the flight data recorder (FDR) belonging to the Sriwijaya Air plane that crashed into Jakarta waters last week, the National Transportation Safety Committee said on Friday.
"There are 330 parameters (in the FDR) and all are in good condition. We are currently studying it," said the committee's chairman Soerjanto Tjahjono.
The search and r

Indonesian authorities download crashed plane's black box

Patna (Bihar) [India], January 15 (ANI): Three days after Rupesh Kumar Singh, a manager with IndiGo airlines, was shot dead by unidentified bike-borne men in the Punaichak area of Patna, his family on Friday said the probe should be transferred from Bihar police to the Central Bureau of Investigation (CBI).
Talking to media, Nandeshwar Singh, brother of the deceased said that despite Chief Minister Nitish Kumar's assuranc

Murdered IndiGo airlines manager's family demands CBI probe

Brasilia [Brazil], January 15 (ANI): Brazil on Thursday (local time) said that it has begun preparations to bring two million doses of coronavirus vaccine from India.
In a statement, Brazil's health ministry said: "The Brazilian government informs that preparations to bring the two million doses of the vaccine against Covid-19 from India are already underway.""The Azul airlines flight will be anticipated and will leave Vi

Brazil prepares to bring 2 mn vaccine doses from India

New Delhi [India], January 14 (ANI): Civil Aviation Minister Hardeep Singh Puri said on Thursday that number of domestic passengers is growing steadily towards pre-COVID levels.
He said in a tweet that 2,238 flights carried 2,35,564 passengers on Wednesday.
The minister said that total flight movements were 4,480 on Wednesday and total footfalls at airports were 4,69,871.
"Number of domestic passengers grows steadily towa

Domestic passenger numbers growing steadily: Hardeep Puri

PanARMENIAN.Net - Georgian Airways is operating charter flights from Tbilisi to Moscow via Yerevan for the first time since the coronavirus pandemic, reports about it with reference to the airline.Georgia suspended air traffic with all countries months ago due to the coronavirus pandemic. Restrictions on scheduled international flights are valid in the country until January 31, 2021. Whether the

Georgian Airways offering flights to Moscow via Yerevan

Authorities have been unable to explain why the plane crashed just four minutes after take-off.Some analysts have opined that bad weather, pilot error, poor maintenance and mechanical failure were among possible factors. At least five other victims have since been identified, as forensic examiners sort through mangled human remains.<

Sobbing relatives bury Indonesian plane crash victim

Patna (Bihar) [India], January 14 (ANI): Rashtriya Janata Dal (RJD) leader Tejashwi Yadav on Thursday hit out at the Nitish Kumar-led National Democratic Alliance (NDA) government in Bihar over deteriorating law and order, sharing a news report of an RJD MLA's relative being attacked, saying that the Chief Minister cannot go to sleep without counting 100 to 150 corpses every day.
Yadav tweeted (roughly translated from Hin

CM can't sleep without counting 100-150 corpses: Tejashwi

By Poonam JoshiLondon [UK], January 13 (ANI): The UK High Court today refused an appeal by the fugitive businessman Vijay Mallya to dismiss the bankruptcy petition brought by a consortium of banks which are attempting to recover the debts owed by Mallya's now-defunct Kingfisher Airlines in lieu of the loans granted to the airline.
In a major setback for the 65-year-old Mallya, Justice Birss of the Insolvency and Companies

Mallya receives blow as judge denies to dismiss bankruptcy

By Joymala BagchiNew Delhi [India], January 13 (ANI): For the last four days now, toxic froth can be seen floating in the Yamuna River and is accumulating near Chhat Ghat.
Local residents told ANI that the day-before-yesterday the white forth formed a layer making it impossible for anybody to stand near the river bank.
"It is a little better today, however, a day before yesterday the condition was much worse. The toxic fo

Continuous toxic foam at Chhat Ghat in Yamuna River raises

New Delhi [India], January 13 (ANI): The Supreme Court on Wednesday took suo moto cognizance on the issue of "remediation of polluted rivers" observing that one of the major causes of water pollution was the discharge of non treated/ partially treated municipal waste and effluents of various States and cities.
A bench comprising Chief Justice of India SA Bobde, Justice AS Bopanna and Justice V Ramasubramanian issued notic

SC takes suo motu cognizance of pollution in Yamuna river

Efforts should be stepped up to quickly identify and study emerging variants of the COVID-19-causing SARS-CoV-2 virus, UN World Health Organization (WHO) scientists said on Tuesday.Alongside monitoring, virus and serum samples should be shared via globally agreed mechanisms so that critical research can be promptly initiated each time, <a href="https://www.who.int/news/item/12-01-2021-global-scientists-double-do

Step up surveillance of emerging coronavirus variants, WHO urges

For many people, the pandemic has been a lonely experience. Because of this, it might be tempting to go on the internet and look for a new animal companion. Whether it is a puppy, kitten or even an exotic bird, animal companions can relieve the stress of spending prolonged periods indoors.My <a href="https://journals.sagepub.co

How to avoid scams when buying a pet online

Step up vigilance for emerging coronavirus variants, WHO urges

As South Africa awaits the rollout of Covid-19 vaccines, a number of "alternative" cures have been punted. These include steaming, a "miracle oil", baby shampoo and medicine meant for domestic animals.However, none of these so-called remedies provides a cure for Covid-19, health authorities say. As South Africans await the rol

DEBUNKED | The truth about quack Covid-19 treatments and &#039;cures&#039;

Sriwijaya Air has not had a fatal crash since starting operations in 2003.More than 3 000 personnel are taking part in the recovery effort.Black box data includes the speed, altitude and direction of the plane as well as flight crew conversations.Indonesian investigators said Wednesday they were hopeful of retrieving a crashed

Financial Services News