World Street | Dow claims 40,000 mark, Dimon, Dalio concerned about US Debt, $25 million Ethereum theft, Reddit collaborates with OpenAI and more
The Dow Jones reached 40,000 but closed just below it. Meanwhile, two brothers face charges for a $25 million cryptocurrency heist. Amidst this, concerns over rising US government debt intensified as industry leaders Jamie Dimon and Ray Dalio emphasized the need for US debt reduction and flagged waning investor interest in Treasuries. All this and more, on the May 17 edition of World Street. Dow Jones Crosses 40,000The Dow Jones hit 40,000 for...
2024-05-17T02:32:45Z
Education as an investment | Careers and education | Financial literacy | Khan Academy
Educational investment is when people and their families put time, money, and hard work into going to college or learning more after high school. This investment can lead to better job opportunities and a brighter future for the person. Learn more at https://www.khanacademy.org/college-careers-more/financial-literacy Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now! https://www.khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:careers-and-education/xa6995ea67a8e9fdd:education-and-earnings/v/education-as-an-investment Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students devel
9/8/2023 5:37:59 PM
$6000 First Class Flight on Japan Airlines | Tokyo🇯🇵 - Bangkok🇹🇭 3-Day Trip
Hello, Today we fly First Class on Japan Airlines from Tokyo to Bangkok, A trip for 3 Days! Enjoy! The first video of my Round the World First Class trip! Thanks for watching and enjoy?!?! The total expense for this journey amounts to ¥1,200,000, plus additional surcharge and tax, which may vary depending on the originating country of the flight. For every flight during our global journey, we will be utilizing a first-class 'round the world' ticket. The booking process for this trip is quite extensive and can sometimes require several months of advance planning. Thanks for watching????? Fee/Day: ¥810,000/US$5500/₹450,000/€5000/C$8000/£4500/₩8,000,000/₽500,000/A$8,000 Airplane: Boeing 777-300ER Flight time 6 hours 55 minutes (4589.20 km or 2851.59 miles) Seat: 1D Days of Stay: Bangkok 3 Days Experience: goodbye sushi hello pad Thai 0:00 Introduction 0:55 Map & Cost 2:09 Lounge JAL First Class 8:03 on board JAL First Class Overview 12:01 Meal in First Class 12:51 Amenities 22:12 Sleeping in First Class 24:58 Second Meal in First Class 27:37 Arriving in Bangkok 29:08 Hotel #1 (JC Kevin Sathon) 31:34 Lunch in a Food Court 33:19 hotel #2 (The Quarters Hua Lamphong) 35:26 Exploring Chinatown & Meal 37:56 Rain & Massage & McDonald’s 40:57 Breakfast 43:39 Tom Yum Kung Lunch 47:25 Wat Arun Temple 49:35 thanks for watching!
11/26/2023 2:00:06 PM
In charts: Ten things that make India the best bet among Asian economies
The International Monetary Fund (IMF) and Nomura, a global investment bank, expect the world's largest democracy to witness a 7% growth in gross domestic product (GDP) in 2024, which would be tough to ignore for global investors looking for investment opportunities in Asia. Capital investments are now 30% of India's GDP, the highest in the last nine years, after a three percentage point increase in the two years ending March 2024. The debt-to-equity ratio, which shows companies' leverage, is at a 15-year low for large listed companies. Even now, the debt-to-equity levels are at 0.5 times, leaving room for these companies to take on more risk. Not only is government spending on roads, highways, and other social infrastructure increasing, but even private companies have started making significant investments. Capital-intensive companies like NTPC, Power Grid, Hindalco, Bharat Petroleum Corporation, and Tata Power — part of India's top 500 listed companies — stepped up capital investments by 17% in the financial year ending March 2024 and 23% a year earlier. Corporate earnings may grow at a compounded annual rate of 10% to 15% for three years, including the current one. Image: Shutterstock. 31% of India's population now classifies as middle class, earning between ₹5 lakh and ₹30 lakh a year. This pool of consumers is expected to be 38% of India's population by 2031. By 2047, 60% of India's 263 million households will be middle class. The more affluent segment of the society, people earning more than ₹30 lakh a year, is growing even faster. The People Research on India’s Consumer Economy estimates that the number of super-rich households earning over ₹2 crore a year increased to 1.8 million in 2021 from 1.06 million in 2015-16. By 2031, 35 million people will be earning in this category, and the number is expected to hit 100 million by 2046. Such a boom in affluence will lead to a sharp rise in discretionary consumption, such as cars, jewellery, gadgets, and travel, to name a few categories. Rising income levels will lead to a rise in savings, some of which will be invested in equity markets by small investors. Share market investments have gone up from 2.2% of household savings allocation in 2010 to 4.7% in March 2023. The penetration of demat accounts has increased from 2.9% before the pandemic to over 8% at the end of March 2023, leaving a massive headroom for growth. The India growth story is too good and yet true. However, there may be some party poopers to watch out for. Take high commodity prices like crude oil as an example. As a net importer—India imports over 80% of all the crude oil it needs—a price rise may dampen the country's economic prospects. Similarly, in a deeply interconnected world, India may not remain immune to a global downturn, whether it's financial or one triggered by geopolitical events like wars. The rising cost of money globally is another risk to watch out for. Optimists might say these may delay the inevitable but not deter India's economic advance. Take a look at the Bloomberg chart on the rise in the value of US dollar.
2024-05-16T06:47:22Z
Gainers & Losers: 10 stocks that moved the most on May 16
The stock market witnessed volatile swings for another session, but eventually managed to end the day in the green. At close, the Sensex was up 676 points or 0.9 percent to 73,663, while Nifty 50 was up 203 points or 0.92 percent to 22,403. Titagarh Rail Systems | CMP: Rs 1,215 | Shares skyrocketed over 9 percent after the company delivered robust earnings performance in the March quarter of FY24.The rail wagon manufacturer's net profit for the quarter surged 64 percent on year to Rs 79 crore in Q4 FY24, up from Rs 48.2 crore clocked in the corresponding quarter of the preceding fiscal. Revenue also rose 8 percent on year to Rs 1,052.4 crore in the quarter gone by. Somany Ceramics | CMP: Rs 716 | Somany Ceramics surged more than 17 percent in trade after the firm's management guided that it would post industry-beating volume growth for the current fiscal year. For the quarter ended March FY24, Somany reported volume growth of seven percent, coming ahead of expectations as well as industry peers. Honeywell Automations | CMP: 53,300 | From intraday lows, Honeywell Automations India's stock price jumped more than 15 percent to a fresh 52-week high. The Indian arm of US conglomerate Honeywell International reported a significant rise in fourth-quarter profit on Wednesday, driven by strong industrial and infrastructure demand. Bharti Airtel | CMP: Rs 1,342 | Bharti Airtel stock was the top Nifty gainer on May 16, jumping as much as 3 percent amid the Street optimism over impending tariff hikes, ARPU improvement, and 5G network expansion. Brokerages retained their bullish calls on Bharti Airtel despite the telecom major recording a 31.1 percent fall in consolidated net profit for the March quarter of the financial year 2023-24. Ircon International | CMP: Rs 262 | Shares of surged around 7 percent, extending gains for the third straight session. The stock climbed on account of high volumes as around 3 crore shares changed hands on BSE and NSE combined, higher than the 1-month average trading volume of one crore shares. Canara Bank | CMP: Rs 114 | Shares slumped around 6 percent as investors rushed to book profits after recent sharp gains. The stock was in news in recent days after it bagged an inclusion to the MSCI Global Standard index. Bandhan Bank | CMP: Rs 180 | Shares of the lender fell around 5 percent, snapping a five-day winning run, ahead of its March quarter results on May 17. The bank is seen reporting a marginal fall in year-on-year (YoY) Q4 profit. Mankind Pharma | CMP: Rs 2,090 | Shares of the pharma major fell around 5 percent, as the company clarified that the reports of Mankind Pharma planning to acquire Bharat Serums and Vaccines (BSV) from Advent PE are "speculative in nature" and warrant no disclosure under Regulation 30 of the Listing Regulations. SBI | CMP: Rs 812 | Shares of State Bank of India (SBI) fell to Rs 812 per share, a day after it raised interest rates on certain fixed deposits (FDs) by up to 25-75 basis points. Wonderla Holidays | CMP: Rs 928 | Shares of Wonderla Holidays fell 4 percent on May 16 after the company reported 7 percent YoY revenue drop in Q4FY24
2024-05-16T10:31:41Z