[ad_1] Updated Mar 1, 2025 08:30 ISTPhoto : Shutterstock.comToday, March 1, banks will be open since it is the first Saturday of the month. As per the Reserve Bank of India’s (RBI) guidelines, banks remain closed on the second and fourth Saturdays of every month.Banks open or closed today: All private, government, cooperative, and other banks remain closed on Sundays, as well as the second and fourth Saturdays of each month. With the arrival of March, it’s important to know whether banks will be open or closed today. Are banks open or closed today?Today, March 1, banks will be open…
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[ad_1] US President Donald Trump on Tuesday said that the United States and Ukraine had agreed to a draft critical minerals deal that, according to the president, could be worth about $1 trillion. The proposed deal is seen by many analysts as an attempt by Kyiv to win the support of the new US administration amid tensions over Washington’s outreach to Moscow to end the Ukraine war. The apparent deal comes a week after Ukraine’s President Volodymyr Zelenskyy rejected an earlier draft. The Ukrainian leader had earlier aired his grievance against being left out of US-Russia talks to end the Ukraine…
[ad_1] Even if further exploration confirmed the existence of valuable mineral deposits, extracting them would take a long time — and a lot of cash. The Ukrainian Geological Survey (UGS) estimates the cost of exploiting Ukraine’s 10 largest known mining prospects at $15 billion — comprising the construction of mines, quarries and around 20 new processing facilities. One of these prospects is the Novopoltasvke deposit — which the UGS describes as “one of the largest” rare earth sites in the world. Its development would require investment estimated at $300 million. A separate UGS report characterizes the site as “relatively difficult” due…
[ad_1] Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe Inc., speaks during a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. Bloomberg | Bloomberg | Getty ImagesStripe has once again shown why sometimes it’s better to be private.During a February sell-off for fintech stocks, Block plunged 28%, its steepest decline since 2023, alongside drops of 20% or more for PayPal and Coinbase and a 8% slide in shares of SoFi. Meanwhile, Stripe on Thursday announced a tender offer for employee shares at…
[ad_1] Bond yields surged as President Donald Trump entered the Oval Office amid fears his economic agenda would prove inflationary. This week, however, investors grappled with softer economic data and considered how Trump’s tariff threats could slow growth, which might give the Federal Reserve room to cut rates. President Donald Trump has made it clear he wants to lower borrowing costs for Americans. Initially, that commentary included plenty of pressure on the Federal Reserve to cut interest rates, but Trump and Treasury Secretary Scott Bessent have seemingly turned their attention to the 10-year Treasury, the benchmark for mortgages and other…
[ad_1] Ukraine holds about 5% of the world’s mineral deposits and has other potentially valuable natural resources, but exploiting them could prove to be much harder than simply staking claim to it. News broke on Wednesday that US President Donald Trump had succeeded in securing a deal to gain access to Ukraine’s raw resources with Ukrainian President Volodymyr Zelenskyy, after putting exerting mounting pressure on Kyiv. The agreement reportedly would pump at least some of the revenue from the country’s energy carriers and other raw assets into a ‘reconstruction investment fund’ for the country’s post-war reconstruction. Ukraine’s mineral sector has…
[ad_1] A man shows lithium stone from an illegal mining site in Paseli, north central Nigeria, on Nov. 5, 2024. Sunday Alamba/AP hide caption toggle caption Sunday Alamba/AP President Trump says Ukrainian leader Volodymyr Zelenskyy is ready to sign a deal with the U.S. to provide valuable minerals in exchange for what Ukraine is hoping will be additional military aid to help defend against Russia’s advances, as the war in Ukraine enters its fourth year. Zelenskyy described it as a preliminary step toward a broader agreement. “The priority is not to lose the U.S. as a main guarantor of security…
[ad_1] Stocks have been on a rocky ride to start the year, but income investors have a silver lining: Companies have continued to announce dividend increases. The S & P 500 limped through February, losing 1.4%, with concerns over inflation, President Donald Trump’s impending tariffs and worsening geopolitical risks weighing on investor sentiment. On Friday, the broad-based index briefly slipped into negative territory for 2025. Still, companies have been reporting their fourth-quarter reports – providing another market catalyst. As of Friday, about 97% of the S & P 500 reported earnings, with more than 75% surpassing analysts’ estimates, per FactSet.…
[ad_1] Topline The mineral deal struck this week between the U.S. and Ukraine—hyped by President Donald Trump as a “very big deal” and prompting an expected U.S. visit by President Volodymyr Zelensky on Friday—will not likely generate significant revenue, at least in the near future, according to experts who spoke to Forbes and raised concern over the onerous costs and lengthy production timelines required to mine the raw materials sought by the White House. Earth and minerals are loaded onto trucks at an open-pit mine in Ukraine’s Donetsk region.Getty Images Key Facts Zelensky confirmed Wednesday an agreement between the U.S.…
[ad_1] We have been publishing a monthly equity mutual fund screener since Sep 2022. This uses rolling returns to determine how consistently active mutual funds outperform representative category benchmarks. This can also be used to appreciate how hard it is for active funds to outperform and why passive funds make sense – especially if you are a beginner. Old relics like me have a portfolio that summarises all past mistakes.Take, for example, the Feb 2025 screener. We have a total of 403 mutual funds across several categories. Some categories have multiple benchmarks.CategoryBenchmarkAggressive Hybrid FundNifty 100 TRI, CRISIL 65:35 Aggressive Hybrid…