Author: prosperplanetpulse.com

Stock Market News: Following the disappointing results of the Indian Lok Sabha elections, selling pressure intensified in the Indian equity market. However, India’s major stock indexes rebounded strongly in the following sessions. A month after the Lok Sabha elections, the Nifty 50 index recorded its highest ever monthly gain following the election results. In a month, the Nifty 50 index surged from 21,884 (closing price on June 4, 2024) to 24,286 (closing price on July 3, 2024), registering a monthly gain of about 11%. Comparing this monthly gain with the previous monthly gain of the 50-stock index following the Lok…

Get your free copy of Editor’s DigestFT editor Roula Khalaf picks her favourite stories in this weekly newsletter.Singapore’s state-backed fund Temasek warned that heavy investments in the world’s second-largest economy were hurting its performance, saying it would prioritise investments in the United States and be “cautious” about China. Singapore exchange Temasek, one of the world’s largest state-owned investment groups, said on Tuesday the value of its portfolio rose just 2 percent in the year to March to S$389 billion (US$288 billion).Those figures fall short of the S&P 500’s 28% gain over the same period, but they’re an improvement from last…

Down icon An icon in the shape of a downward angle. The two men who received the most dividends between January 2023 and March 2024 were former Lukoil CEO Vagit Alekperov and Russian President Vladimir Putin. Mikhail Svetlov/Getty Images The Russian economy has enriched oligarchs, some of whom are subject to sanctions.Twelve Russian billionaires will receive $11.4 billion in dividends from 2023 to the first quarter of 2024.The payments show that Russia’s biggest companies are still raking in the cash despite Western efforts to isolate the Russian economy. Russia’s wartime economy has not only made the lives of some poor…

Open Startup is now open for applications for its pan-African OST program, which aims to support early-stage startups and promising talent in Tunisia, Senegal and Morocco. Pan-African OST ProgramDeveloped in collaboration with Columbia Engineering School and Columbia Business School in New York, the initiative will run from September 2024 to January 2025 and is specifically designed to help 30 startups, 10 from each country, progress from the proof-of-concept stage to minimum viable product (MVP). Participants will benefit from a wealth of resources, including customized training and mentoring, access to an extensive international network, and access to a zero-equity US$50,000 prize…

The year 2024 will bring new challenges to the industrial sector. The rapid development of AI will force the industrial sector to accelerate its digital transformation. Extracting the most benefits from this disruptive technology is also an opportunity for companies to rethink their business models and develop new performance metrics to become more resilient, productive and innovative. “The return on investment of digital twins is very difficult to measure, because the benefits can only be seen in the long term.” This is what we hear and read about the ROI of digital investments by industry. But I believe we need…

TOKYO (AP) — Asian shares were mostly higher on Tuesday, with Tokyo’s stock index hitting a fresh record high after Wall Street’s index hit another milestone.Japan’s benchmark Nikkei stock average rose 2.0% to close at a record high of 41,580.17, briefly surpassing its previous intraday high. Technology stocks led the gains, with computer chip maker Tokyo Electron jumping 3.8%, chip-testing equipment maker Advantest rising 4.1%, precision machinery maker Disco Inc. rising 2.5%, and Shin-Etsu Chemical Co., which supplies silicon and other materials for chips, rising 2.7%.Australia’s S&P/ASX 200 rose 0.9% to 7,829.70. South Korea’s KOSPI rose 0.3% to 2,864.85. Hong…

Tineco tops FR Amazon’s wet and dry vacuum category for the third consecutive year (Photo: Business Wire)Tineco milestones from 2018 to 2024 (Graphic: Business Wire)Paris, 9 July 2024–(BUSINESS WIRE)–Tineco, the leading brand in floor care, is proud to announce milestone achievements in brand growth and innovation. Known for its focus on understanding and serving consumer needs, Tineco continues to set the industry standard with its pioneering products and dedication to elevating the user experience.Since introducing its first smart floor cleaner, Tineco has proven its market-leading capabilities and earned high praise from consumers. This recognition has led Tineco to secure the…

Seagulls are well known for their food-snatching abilities. Occasionally, videos are shared on social media that show a seagull using speed and technique to snatch food from humans. This video, which shows a livestreamer losing his sandwich to a seagull, adds to that list. The image shows a seagull attacking a woman during a live stream and stealing her sandwich. (Screenshot) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The video begins with a woman sitting by the water, livestreaming. She unwraps a sandwich and says, “Not bad.” At that moment, a bird flies towards her, and is soon joined by several others. Terrified,…

The White House confirmed Monday that a neurologist who specializes in Parkinson’s disease had examined Biden three times and said the tests were part of the president’s annual physical exam.The president’s personal physician, Kevin O’Connor, wrote in a letter released by the White House on Monday night that Kevin Canard, a longtime neurologist at Walter Reed National Military Medical Center, had recently examined the president ahead of his physical in February.Canard’s examination “found no evidence” of Parkinson’s disease or any other neurological disorder.”His findings have been made public each time I have released the results of the President’s annual physical…

Ficci Ladies Organisation (FLO) is the women’s wing of the Federation of Indian Chambers of Commerce and Industry (Ficci). FLO was established in 1983 as a division of Ficci, the apex body of industry and commerce in India. FLO has been promoting women entrepreneurship and professional excellence through workshops, seminars, conferences, training, capacity building programmers etc. As a pan-India women’s organisation, FLO has 20 chapters across India (Ahmedabad, Amritsar, Bangalore, Bhubaneswar, Chennai, Coimbatore, Hyderabad, Indore, Jammu & Kashmir & Ladakh, Jaipur, Kolkata, Siliguri, Lucknow, Kanpur, Ludhiana, Mumbai, North East, Pune, Uttarakhand, Vadodara) and its headquarters is in New Delhi. Its…