Author: whatnews

By Sidhharrth S Kumaar World Chocolate Day is celebrated on July 7, and the opportunity can be leveraged to peep into the positive sides of chocolates when consumed in limited quantity.You will rarely find someone who doesn’t love a bite of chocolate. Whether you’re dealing with a cruel heartbreak or cherishing moments of happiness, the luscious taste of chocolate can instantly brighten up your day. But are you aware that it can also give a quick lift to your productivity? Yes, recent studies have proved that eating chocolates is a feast for your tastebuds and a great productivity booster. Let’s…

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Nykaa had a strong market debut in November 2021.Bengaluru: Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, jumped 4.8% on Thursday, a day after it said its fashion segment was expanding into the men’s innerwear and athleisure category with a new brand.The TPG-backed company said on Wednesday that Nykaa Fashion would launch Gloot — its first innerwear and athleisure brand for men.The line, starting at Rs 499 ($6.32) for innerwear, will look at ethical manufacturing, subscription options and trials in some cases, is available for sale on its app and website.By 9:59 am, FSN shares were up…

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Indian Rupee continues to show weakness against the US dollar and has hit record lows in recent times. From Rs 64 to a dollar in 2017, the Rupee had slumped to almost Rs 79.38, a fall of almost 4.56 per cent on a compounded annualised basis. Any change in the INR-USD exchange rate has direct implications on your international investment portfolio. Historically, INR has shown weakness against the US dollar and, therefore, the probability to profit from investing in stocks rises if you buy foreign stocks. You, in fact, are in a position to gain from two streams – From…

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Mumbaikars had no respite from heavy rains which continued to lash the city for the fourth consecutive day on Thursday, delaying local train services on the Central Railway route following a wall collapse on a track, officials said.The India Meteorological Department (IMD) has forecast heavy rainfall in the city and suburbs with very heavy to extremely heavy rains very likely at isolated places on Thursday. The IMD has also predicted the possibility of occasional strong winds reaching 40-50 kmph gusting to 60 kmph, a civic official said. While there was no water-logging on rail tracks in Mumbai, a small portion…

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New Delhi: Seasoned investor Dolly Khanna made a fresh entry in multibagger stock during the April-June period, the latest shareholding data suggested. Khanna held 48,69,474 equity shares or a 3.27 per cent stake in the company as of June 30, 2022. Her name was missing from the key shareholders’ list at the end of the March 2022 quarter. It is the first time that the Chennai-based investor has entered the counter. Listed companies are obliged to release the name of shareholders holding one per cent or more stake in the company on a quarterly basis. Shares of Chennai Petrochem have…

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Electric mobility may have been catching up in the two- and three-wheeler space in India. But electric bicycles can also play a big role in making green mobility accessible and make customers switch over to clean vehicles easily. But one of the challenges for the industry has been the current generation of lithium-ion batteries used in electric vehicles are still expensive and as a result, e-bicycles continue to be seen as a premium product for consumers in a market like India. But this soon can change, scientists from India have used nano-materials to develop Na-ion-based batteries and supercapacitors, which can…

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While Indian exchanges have been hit, trading volumes globally have edged higher.India’s new cryptocurrency tax has dealt a heavy blow to the country’s crypto exchanges, adding to broader sectoral woes and sending trading volumes plunging by up to 90%.The 1% tax on Indian cryptocurrency trades from the start of this month has been a further disincentive for investors in a market where a burdensome regulatory regime and a 30% digital income tax had already knocked volumes by 60-70%, traders and industry executives said.”We are scraping the bottom of the barrel as far as volumes are concerned,” said Rajagopal Menon, vice…

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As one of the fastest developing economies in the world, India is at the center of global interest. Investors and institutions vying for the India opportunity are prompting an uptick in income and status levels among the working Indians. Millennials, comprising 46% of the workforce at present, are the primary beneficiaries of this development. Based on recent surveys, 80% of the millennials regard ‘Wealth’ as a top priority. Millennial parents, mainly men, are no longer living only for themselves, or self and partner alone, but also aspiring to create wealth for their next generation. Done right, this can have a…

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By Shruti Dhapola Imagine an app through which you could book a cab, order grocery from the local shop, and chat with your friends, all while watching a quick web series. Sounds like a lot? Well, that’s exactly what super app MYn wants to achieve, though with a unique take on user ‘privacy’. “User behaviour has changed. Today, it is a no-brainer to tell a person that they can book a cab on a smartphone or buy something via an app. Our task is not to change user behaviour or educate users on utilities. We are taking a horizontal approach…

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Indian market started on a strong note on Thursday supported by positive global cues. The S&P BSE Sensex rallied more than 300 points in the first 15 minutes of trade while Nifty50 reclaimed 16,000. Sectorally, buying was seen in consumer durables, realty, consumer discretionary, power as well as utilities while some profit booking was seen in the FMCG index. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Rajesh Palviya, VP – Technical & Derivatives Research Axis Securities to ET Bureau Avenue Supermarts: Buy| Target Rs 4,200| Stop Loss Rs 3,650The stock has…

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