OPEC is predicting strong global demand growth for oil in 2024 due to robust economic activity in China and air travel. This contrasts with IEA's prediction of decreased growth, citing economic challenges. OPEC expects transport fuels to drive demand, while the IEA sees limiting factors such as tighter fuel efficiency standards and electric vehicles.

Phoenix Mills, a retail-focused mixed-use developer, saw a 69% rise in net profit to Rs 297 crore for the quarter ended Dec. Income from operations grew by 44% to Rs 986 crore. Retail business contributed to this growth with consumption reaching Rs 3,296 crore, rental income rising to Rs 447 crore, and operating profit increasing to Rs 435 crore.

📈 Amid weak global cues, domestic benchmark indices started gap-down on February 14. 📢 At 9:16 AM, the Sensex tanked 614.12 points or 0.86% at 70,941.07, and the Nifty plunged 171.45 points or 0.79% at 21,571.80. 📊Gujarat Gas (⬇️7.59%), ZEEL (⬇️3.76%) and Manappuram Finance (⬇️3.72%) appeared as the top losers on the Nifty 50 at the Open. ZEE, IRCTC, and Wipro stocks are in focus today.

Newlyweds often face financial challenges due to different approaches of money management. Communication, transparency, and aligning individual and joint goals are key to solving issues like payment dues, income disparities, and spending habits. Establishing spending limits, using budgeting tools, and viewing financial planning as an ongoing process can help couples build a secure future together.

Oyo Hotels & Homes, once planning a $1 billion IPO, is now withdrawing its draft application from Sebi. The company is now looking to raise funds from private investors in the next 6-8 months. Former SBI chairman Rajnish Kumar has also left his position as group strategic advisor at Oyo. The company has improved its operating profitability and raised $660 million in term loan B.

Indian stock market is expected to open lower on Wednesday following a sell-off in global markets. US stocks ended with deep cuts after higher than expected US inflation data dashed hopes for early interest rate cuts by the US Federal Reserve. Asian markets traded lower and the domestic benchmark indices, Sensex and Nifty 50, closed higher on Tuesday led by gains in select banking heavyweights.

Entero Healthcare Solutions IPO allotment date is Feb 14, where investors can check their allotment status on the registrar's portal. The IPO was open for subscription from February 9 to February 13, with a tepid response from retail and non-institutional investors. Refunds will be initiated tomorrow for non-allotted applicants, and shares will be distributed to allotted individuals on Feb 16.

NCLT dismisses Supertech Realtors' lawsuit against Indiabulls Housing Finance, which alleged that the latter illegally deducted excess sums of money from its loan account. They accused Indiabulls of fraud and claimed it would affect its ability to deliver flats to customers. RBI stated that this was a bilateral matter between the companies and that their contractual obligations should be honored.

Indian equity indices BSE Sensex and NSE Nifty 50 are expected to open lower on Wednesday, with GIFT Nifty trading down 0.79%. In the US, Wall Street closed in the red due to higher than expected inflation data. The US Dollar Index traded lower, while WTI crude prices also went down. Most of the equity indices in Asia-Pacific were down, except for the Asia Dow.

Oil prices in Asia fell due to unexpected rise in crude stocks and investors' reduced expectation of interest rate cuts by US Federal Reserve. Brent futures down 0.4%, WTI crude fell by 0.3%. Analysts say the build in stocks was offset by declines in gasoline and distillate. Official data from EIA due Wednesday while consumer inflation stayed elevated, leading to lower demand for oil.

The Indian government has opened opportunities for startups to list on international exchanges in GIFT City, but Info Edge founder Sanjeev Bikchandani believes it may be more beneficial for them to list on domestic bourses. This comes after the government issued a notification allowing domestic companies to list directly on global exchanges at the IFSC in Gujarat.

India may soon see increased foreign investment in its government bond market, as there are proposals to add Indian government bonds to global indices such as Bloomberg's Emerging Market Local Currency Index and JPMorgan's Government Bond Index-Emerging Markets. This could attract billions of dollars in investments from both passive and active investors.

Zee Entertainment saw a 52% decrease in profit for Q3, leading to brokerages slashing their target price. Ad revenues declined due to the Cricket World Cup effect, but subscription revenue picked up. With the failed Zee-Sony merger and potential market share loss, multiple brokerages have a negative outlook and lowered their target price for the stock.

Aditya Birla Fashion and Retail Limited (ABFRL), Ashok Leyland, Aurobindo Pharma, Balrampur Chini Mills, Bandhan Bank, Biocon, Delta Corp, India Cements, Indus Towers, National Aluminium Company, PNB, SAIL, and ZEEL are the 13 stocks that are part of the F&O ban list by the stock market exchange for February 14.

After recovering from the previous two trading sessions, Indian stocks are expected to fall today due to negative cues from US markets. The S&P 500 and Nasdaq 100 fell by 1.4% and 1.6%, respectively, following hotter-than-expected inflation data. This has made a rate cut from the US Fed in March unlikely. As a result, Asian markets also showed weakness and the Gift Nifty fell more than 200 points.