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Author: prosperplanetpulse.com
Today’s stock market day trading guide: Amidst the Iran-Israel war and FII sell-off, Indian stock markets witnessed heavy selling last Friday. The Nifty 50 index corrected by 234 points to end at 22,519 levels, the BSE Sensex plunged 793 points to end at 74,244 levels and the Bank Nifty index declined 422 points to end at 8,564 levels. In the overall market, the small-cap index fell by 0.60%, and the mid-cap index fell by 0.49%. The focus is on the war between Israel and Iran.After Israel’s counterattack against Iran, geopolitical tensions in the Middle East further escalated. Iran launched more…
Granules: The Unit V facility in Anakapalli has not received any Form 483 observations from the USFDA.ISMT: We have received two contracts from ONGC to supply products worth Rs 343.72 crore. RVNL: The company received LoA worth Rs 95.95 cr for NF Railway’s Araria-Gargaria new line projectMphasis: The company has signed a multi-year global strategic partnership agreement with Amazon Web Services (AWS).Varun Beverages: Starts commercial production of carbonated soft drinks and energy drinks in Gorakhpur Lemon Tree: Announces the opening of Lemon Tree Resort in Chitwan, Nepal.Metal stocks: US imposes sanctions on use of Russian metals on exchanges GAIL/Petronet/NTPC/GIPCL: Government…
Story continues below (Sangnomics is a weekly column that tracks and demystifies the economic worldview of the Rashtriya Swayamsevak Sangh (RSS) and its ideologically inspired organizations.) In the run-up to the 2024 Lok Sabha elections, unemployment has become an issue facing most political parties. Some are promising the unemployed the moon, offering millions of jobs that don’t exist and aren’t likely to come in the near future. There have also been unrealistic proposals regarding rights such as unemployment benefits and internships. These are unfulfillable promises that, if forced, would destroy the economy. Story continues below Despite such wild promises, unemployment…
Was the Delhi High Court’s dismissal of a petition questioning the legality of Arvind Kejriwal’s arrest the beginning of the end for the Aam Aadmi Party (AAP) government in the national capital? Following the rejection, Kejriwal’s cabinet colleague Rajkumar Anand resigned. Anand is not a high-profile leader. He’s not even a party stalwart.However, this clearly shows that all is not well within the party, and there is serious dissatisfaction within the party over the past few years of party management. I am not speculating that more resignations are expected, but I cannot rule out that possibility. It may not be…
Chengdu SIWI Science and Technology (HKG:1202) 2023 full year resultsMain financial results Sales: 403.6 million Canadian dollars (33% increase compared to FY2022). Net profit: CN Yen 2.77 million (up from a loss of CN Yen 2.22 million in FY2022). Profit margin: 0.7% (up from 2022 net loss). EPS: CN¥0.007 (up from loss of CN¥0.01 in FY2022). SEHK:1202 Breakdown of income and expenses April 15, 2024 All numbers shown in the chart above are for the trailing 12 month (TTM) period. The primary revenue driver for the past 12 months was the Copper Cable, Wire and Related Products segment, which contributed…
A view of the Samsung Electronics factory site under construction in Taylor, Texas As global semiconductor supremacy intensifies, investment competition among companies is becoming extremely fierce. Samsung Electronics is expected to announce additional investment locally after rivals Intel and Taiwan’s TSMC receive large subsidies from the US government. In comparison, domestic semiconductor investment in South Korea is relatively restrained. Industry comparisons highlight Japan’s TSMC Kumamoto factory, which was completed in just one and a half years, and South Korea’s Yongin semiconductor cluster, which has not even been operating properly for more than three years. In…
Joe Radle/Getty Images Former President Donald Trump at Mar-a-Lago in Palm Beach, Florida on April 12, 2024. CNN — Special Counsel Jack Smith told the federal judge overseeing President Donald Trump’s classified documents case that he will use his first criminal trial, scheduled to begin Monday in New York, to bring more serious federal charges to a jury. He said the former president’s attempts to delay the trial should be rejected. Florida. In President Trump’s latest effort to take advantage of a conflict in court dates, the would-be 2024 Republican nominee on Saturday told U.S. District Judge Eileen Cannon that…
(Bloomberg) – Asian stocks are up for a six-week week as traders grapple with tensions in the Middle East, disappointing bank earnings and the prospect that the U.S. Federal Reserve will keep long-term interest rates high. It fell to an all-time low.Most Read Articles on BloombergStock markets in the region fell on Friday’s decline in U.S. stocks. Benchmarks in Hong Kong, Japan and South Korea all fell, but mainland Chinese stocks rose, led by the energy sector.However, global markets showed signs of stabilization even after the unprecedented attack on Israel over the weekend. Iran said “this issue can be considered…
After six frustrating months in Gaza, Israel finally won a decisive victory over its adversary Saturday night, blunting Iran’s all-out missile offensive in a stunning display of high-tech military might.“A good defense is a good offense” is a truism in sports. Israel has demonstrated that this lesson can also apply to modern warfare. In neutralizing an Iranian barrage of fire that included more than 100 ballistic missiles, 150 drones, and 30 cruise missiles, Israel showed that its shield is as mighty as its sword in combat.”It was a worst-case scenario for Iran, but it turned out to be the best-case…
The Hurun Institute’s Global Unicorn Index 2024, a ranking of the world’s startup companies established in the 2000s, has been announced. For context, unicorn Basically, it’s a startup that’s worth at least $1 billion but hasn’t gone public yet. The world’s unicorns come from 53 countries (up from 48 last year) and are spread across 271 to 291 cities. The United States leads the ranking with 703 unicorns, followed by China with 340. Hurun discovered 1,453 unicorns around the world, a new world record. He increased the number of unicorns by 7% or 92 companies.Biju’s evaluation The steepest decline is…