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Bank holiday today: Are banks open or closed on Saturday, April 26? Check here
Bank holiday today: Are banks open or closed on Saturday, April 26? Check here

Mint

time26-04-2025

  • Business
  • Mint

Bank holiday today: Are banks open or closed on Saturday, April 26? Check here

Bank holiday today: Banks will remain closed on April 26, 2025, since it is the fourth Saturday of the month, according to the Reserve Bank of India (RBI) calendar. Banks are typically closed on the second and fourth Saturdays of every month, while they are open on the first and third Saturdays. As April 26 is the fourth Saturday of the month, the banks will be closed on this day. To check whether banks are open or closed on a given day, customers must thoroughly visit RBI's official channels, which are the website and notifications to banks. The central bank has categorised bank holidays into three types: Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and banks' closing of accounts. Saturday, April 26, 2025, is designated as a holiday under the Negotiable Instruments Act, which regulates the issuing of cheques and promissory notes. Therefore, transactions including these instruments will not be available during the holidays. Customers can access online banking services across the country during bank holidays for seamless access to banking services, even on bank holidays. Customers can use these services for convenient financial transactions. Fund transfer requests can be made using NEFT/RTGS transfer forms, demand draft request forms, and chequebook forms. Credit cards, debit cards, and ATM cards can be availed through card services. Services such as account maintenance forms, setting up standing instructions, and applying for a locker are also available. In the month of April, banks were scheduled to remain closed for nine days in various regions of the country, excluding weekends. April 1 (Tuesday) – Banks' Yearly Account Closing and Sarhul, a tribal festival in Jharkhand, marking the beginning of the new year. – Banks' Yearly Account Closing and Sarhul, a tribal festival in Jharkhand, marking the beginning of the new year. April 5 (Saturday) – Babu Jagjivan Ram's Birthday – Babu Jagjivan Ram's Birthday April 10 (Thursday) – Mahavir Jayanti – Mahavir Jayanti April 14 (Monday) – Ambedkar Jayanti and various regional New Year celebrations such as Vishu, Bihu, Tamil New Year, etc. – Ambedkar Jayanti and various regional New Year celebrations such as Vishu, Bihu, Tamil New Year, etc. April 15 (Tuesday) – Bengali New Year, Himachal Day, and Bohag Bihu. – Bengali New Year, Himachal Day, and Bohag Bihu. April 18 (Friday) — Good Friday — Good Friday April 21 (Monday) – Banks will remain closed in Tripura for Garia Puja. – Banks will remain closed in Tripura for Garia Puja. April 29 (Tuesday) – Bhagwan Shri Parshuram Jayanti – Bhagwan Shri Parshuram Jayanti April 30 (Wednesday) – Basava Jayanti First Published: 26 Apr 2025, 06:34 AM IST

China Market Update: Mea Trumpa
China Market Update: Mea Trumpa

Forbes

time10-04-2025

  • Business
  • Forbes

China Market Update: Mea Trumpa

CLN Asian equity markets had a very strong day after President Donald Trump hit the pause button on tariff implementation, except for Mainland China, with a near double-digit return in Japan and Taiwan. However, India missed out on the fun due to a market holiday for Mahavir Jayanti, a festive in Jainism celebrating the birth of Lord Mahavira. The crack in the tariff façade, driven by the U.S. Treasury 10-Year yield hitting 5% Tuesday night, fueled Hong Kong and Mainland China's broad beta rally, led by growth stocks, as advancers outpaced decliners significantly on high volumes. It it great to see markets providing a real-time ECON 101 lesson, though the tuition costs paid by the U.S. and global investors in U.S. stocks at $10 trillion are most unfortunate. Both China's Ministry of Commerce and Ministry of Foreign Affairs held press conferences reiterating that China will not back down, though left the door open for U.S. negotiations. As we have stated, the Chinese government's negotiating position is far stronger than realized due to the misperception that all 1.4 billion Chinese working in factories depend entirely on trade with the U.S. Our webinar this morning will review this data. The Ministry of Commerce Minister Wang Wentao was busy hosting calls with the Minister of Malaysian Trade and Industry and the European Commission's Committee on Trade and Economic Security. China filed another complaint on US tariffs with the World Trade Organization's Council for Trade in Goods, which requires a sixty-day consultation. While Washington, D.C., might not care about the World Trade Organization, I suspect the rest of the world does. There was a fair amount of media coverage that the Chinese government held a high-level economic meeting, though I could find no evidence of such a meeting from our local sources. The lack of evidence nor any policy stimulus announced might explain the fade off intra-day highs. There are rumors that a major domestic consumption policy will be announced now that Trump's tariffs on China have been announced. The National Healthcare Security Administration announced the establishment of the Fertility Insurance Professional Committee. Pro-consumption stimulus will likely address structural headwinds, including demographics—electric vehicle and hybrid battery maker CATL, which gained +3.12%, as its Hong Kong-listing moves forward. March's Producer Price Index was light at -2.5% versus expectations of -2.3% and February's -2.2%, while the Consumer Price Index was -0.1% versus expectations of 0.0% and February's -0.7%. Mainland investors sold both the Hong Kong Tracker ETF and Hang Seng China Enterprise ETFs in size, making Southbound Stock Connect a rare net sell day, at a net -$519 million sold. Alibaba and Xiaomi were very large net buys today. Mainland-listed hardware and electronic device makers had a very strong day, though transportation stocks were off. Wall Street Journal journalists Joanna Stern and Nicole Nguyen wrote a great piece titled 'An American-Made iPhone: Just Expensive or Completely Impossible?' The article outlines many challenges, such as sourcing parts from 40 countries and lacking skilled labor. It's a worthwhile read. I continue to applaud data discovery in the media and, to some degree, D.C. The Hang Seng and Hang Seng Tech indexes gained +2.06% and +2.60%, respectively, on volume that decreased -4.09% from yesterday, which is 227% of the 1-year average. 410 stocks advanced, while 72 stocks declined. Main Board short turnover decreased -7.13% from yesterday, which is 294% of the 1-year average, as 20% of turnover was short turnover (Hong Kong short turnover includes ETF short volume, which is driven by market makers' ETF hedging). Growth, momentum, and small caps outperformed the value factor and large caps. All sectors were positive. The top-performing sectors were Materials, which gained +4.29%, Information Technology, which gained +3.49%, and Real Estate, which gained +2.92%. The top-performing subsectors were consumer staples distribution, nonferrous metals, and aerospace. Meanwhile, coal was the only negative subsector. Southbound Stock Connect volumes were 5X pre-stimulus levels, as Mainland investors sold a net -$519 million worth of Hong Kong-listed stocks and ETFs, including Alibaba and Xiaomi, which were very large net buys, Meituan, which was a moderate net buy, Tencent, Semiconductor Manufacturing International (SMIC), Kuaishou, and CNOOC. The Hong Kong Tracker ETF and Hang Seng China Enterprise ETFs were massive net sells. Shanghai, Shenzhen, and the STAR Board all closed higher by +1.16%, +2.46%, and +1.09%, respectively, on volume that decreased -5.24% from yesterday, which is 140% of the 1-year average. 4,793 stocks advanced, while 299 stocks declined. Growth, momentum, and small caps outperformed value and large caps. Utilities were the only negative sector, down -0.2%, while the top-performing sectors were Consumer Discretionary, which gained +3.15%, Materials, which gained +3.03%, and Information Technology, which gained +2.93%. The top-performing subsectors were motorcycles, precious metals, and retail. Meanwhile, telecom, soft drink, and land transport were among the worst-performing subsectors. Northbound Stock Connect volumes were above average. CNY and the Asia dollar index rose versus the US dollar. Treasury bonds rallied. Copper and steel rose. Chart Live Webinar Join us on Thursday, April 10, 2025 at 10 am EDT for: Tariff Briefing and Q&A With KraneShares Please click here to register New Content Read our latest article: New Drivers For China Healthcare: AI Med-Tech Innovation, Cancer Treatment, & Favorable Balance of Trade Please click here to read Chart1 Chart2 Chart3 Chart4 Chart5

Monthly Horoscope for April 2025: Love Is Set to Blossom for Some!
Monthly Horoscope for April 2025: Love Is Set to Blossom for Some!

Yahoo

time01-04-2025

  • Entertainment
  • Yahoo

Monthly Horoscope for April 2025: Love Is Set to Blossom for Some!

Greetings, astrology lovers! Are you eager to know what the cosmos has in store for your future? Prepare yourself for a thrilling ride as we bring you insightful monthly astrology predictions for April 2025. April 2025 is set to bring numerous auspicious occasions worth celebrating! Explore your April monthly horoscope to align with the energy of these spiritual events and seize the opportunities this vibrant month has to offer. This will help you experience this exhilarating month to the fullest. Rama Navami- 6th April 2025 (Sunday) Mahavir Jayanti- 10th April 2025 (Thursday) Hanuman Jayanti- 12th April 2025 (Saturday) Malayalam New Year or Vishu Kani- 14th April 2025 (Monday) Vaishakhi- 14th April 2025 (Monday) Pohela Boishakh- 15th April 2025 (Tuesday) Akshaya Tritiya- 30th April 2025 (Wednesday) As per the April 2025 horoscope, this month is set to be a game-changer, with powerful planetary transits shaping your destiny. The bold and fiery Mars will step into Cancer on 3rd April 2025 (Thursday). Under this placement, people may struggle to express anger openly, leading to frustration or emotional outbursts. Soon after, the mighty Sun will transit into the Aries sign on 14th April 2025 (Monday). With this transit, there will be an increase in leadership abilities and a natural inclination to take charge in personal and professional matters. Mercury will be placed in Pisces for this whole month. Under this placement, people may have abstract, creative, or symbolic thoughts rather than focus on facts and details. The monthly horoscope 2025 indicates that April, the fourth month of the year, will bless the natives with fun conversations, enthusiasm, new opportunities, good analytical skills, career growth, and stability in every domain of your life. The monthly horoscope for April 2025 denotes that the overall energy will be positive and loving. It will bring many favorable changes in people's lives. Let's see how April will affect the 12 zodiac signs. Dear Aries natives, April 2025 promises you an attractive aura, good health, and heightened confidence. At the beginning of the month, you might take the lead in your personal and professional matters, exuding charisma and determination. Your presence will command attention, making this an excellent time to push forward with personal projects, make bold decisions, and focus on individuality. Physically, you may experience heightened vitality, though the tendency to overexert yourself will exist. The April horoscope indicates that you may also need independence more. This will push you to break free from restrictions. Read more Aries monthly predictionAt the beginning of the month, your sleep cycle might suffer for some time, but things will get better with time. The zodiac month prediction indicates that you might feel less confident and have drained energy during this time. You will need some time in solitude for the introspection of your thoughts and some major life decisions. At the workplace, it will be a good month for collaborations with like-minded people. You also have to be aware of your hidden enemies, who can try to sabotage your work. Read more Taurus monthly predictionAt the beginning of the month, you might have an excellent time to expand your social circle, collaborate on visionary projects, or take bold steps toward your long-term goals. As per the astrology monthly horoscope, you might become more active in your social group and try to achieve a certain position. You will be vibrant and lively, motivating you more and giving you the energy to work smarter. Read more Gemini monthly prediction Read also:👉 | | Dear Cancerians, April 2025 promises strong determination, great work ethics, an ambitious nature, and a joyous home environment. At the beginning of the month, you will focus on your work and career goals more passionately. According to the monthly horoscope for April 2025, you will be highly driven, goal-oriented, and eager to establish yourself as a leader in your field, and your professional presence will become stronger. Some Cancer natives might have a heated discussion at home due to their sudden stubbornness or short temperament, but the overall environment at home will be peaceful. Read more Cancer monthly prediction Dear Leos, April 2025 will impact higher education. It will bring heightened interest in spirituality and mentorship. At the commencement of this month, you might feel an inner push to seek new experiences and broaden your perspective. Your interest in spirituality will increase due to someone's influence online. This month, the students considering enrolling in a course, pursuing advanced studies, or taking up a new intellectual challenge will get an additional push to move forward. Read more Leo monthly predictionAt the beginning of this month, your energy might urge you to confront hidden fears, take control of financial matters, and embrace your personal reinventions. While this month can bring emotional challenges, it also presents an opportunity for significant personal transformation. The monthly astrology prediction indicates that the Virgo natives involved in legal matters or inheritance issues might expect some activity. Read more Virgo monthly predictionAt the beginning of April, unknowingly, you might dominate or manipulate people around you. While this will be a great time to assert your individuality, cooperation will be necessary to maintain harmony in relationships. Finding a balance between autonomy and commitment will be essential. At the workplace, the natives might be able to solve some complex issues that are becoming a hurdle in their ongoing projects. The April month prediction indicates that the natives involved in businesses are advised to manage their expenses properly. Read more Libra monthly prediction Do you have more queries about what April will be like for you? Or do you want astrological guidance in life? If so, get in touch with the astrologers at the beginning of the month, you might have a surge of energy, making you more determined to improve productivity, take on new challenges at work, and refine your daily routine. You might focus on building long-term health habits rather than burning out quickly. You will have more self-discipline, which will help you in your personal and professional life. Read more Scorpio monthly prediction Read More:👉 At the beginning of the month, the natives who want to pick up a new hobby or start any sport are in luck. This month's energy might urge them to push their limits and take out some time. However, it is necessary to pace yourself to prevent burnout and exhaustion. The natives might also have a high creative energy, vibrant body language, and attitude during this time. Read Sagittarius monthly predictionAt the start of April, Capricorn natives considering moving, renovating, or making changes to their homes may feel urged to take action. However, make sure these decisions are well thought out rather than driven by momentary frustration or impatience. They might feel emotionally secure at home but have minor disagreements with their mother or any motherly figure in the family. Read more Capricorn monthly predictionAt the commencement of the month, your communication skills might become sharper, and you will feel an increased urge to express your thoughts confidently. According to the April monthly horoscope, this will be a great time to initiate conversations, pitch ideas, and take the lead in intellectual and social settings. Practicing active listening and allowing room for dialogue will make your interactions more effective. Read more Aquarius monthly prediction Dear Pisceans, April 2025 will focus more on your finances and conjugal life. This month can also be about impulsive spending. At the beginning of the month, you might feel a push to focus your energy on finances and investments. There may be a stronger focus on exploring passive or alternative income sources to enhance financial stability. Your personal values might also influence this month. There might be a transformation in your approach and perspective when it comes to your personal and professional life. Read more Pisces monthly prediction Article Source: #Astrology

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