Beyond Financial News

₹3,510-3,700 a quintal in the key cane growing states of Maharashtra, Uttar Pradesh, Karnataka, Gujarat and Tamil Nadu, spot trade sources said. “Each sugar mill is expected to sell at least 90% of the monthly quota allocated in the respective month," the notification read.

RBI’s) monetary policy committee (MPC) on Thursday kept the policy rate and stance unchanged for the third time in a row, citing the need to watch the evolving inflation trajectory amid adverse weather conditions. All MPC members voted for a pause in the repo rate at 6.5%. Five out of six members also voted for a continuation of the “withdrawal of accommodation" stance.

RBI) interest rate cycle, its hawkish policy undertone on Thursday must have let many down. Though RBI kept its main repo rate unchanged at 6.5% and stance focused on “withdrawal of accommodation," its inflation concerns set the stage for various scenes to unfold. To fend off a need to think beyond just pause or pivot when its rate-setting panel meets next, deft liquidity control will likely suffice.

Simon Carlyle, the creator of the television series Two Doors Down, has died at the age of 48. The news of Carlyle's passing has led to an outpouring of tributes, highlighting his status as a talented comedic figure and a kind person. His manager, Amanda Davis, confirmed his death in a statement.

The price of Chainlink (LINK) has dipped by 0.5% in the past 24 hours, slipping to $7.64 as the wider cryptocurrency market suffers a 1% fall today.

The PEPE price has dropped by 1% in the past 24 hours, falling to $0.00000123 on a day when the cryptocurrency market as a whole has also fallen by close to 1%.

renewable energy minister R K Singh said. He added that the Central Electricity Authority had in January 2023 suggested no retirement or re-purposing of coal-based power stations will be done before 2030, considering the expected energy demand scenario and availability of capacity in future.

«So the best thing is that you should have sufficient money at your age like 50 or before that. After that, if you enjoy your work, you can continue,» says Pankaj Mathpal, MD, Optima Money Managers.What are your takes on retirement and when do you plan or you see yourself retiring? I do not think that is coming anytime soon. Yes, exactly what you said. That is a fact that I do not want to retire early because I enjoy my work.

Taylor Swift enthusiasts are in for an electrifying surprise as the renowned singer-songwriter confirms the impending release of her re-recorded album, "1989 (Taylor's Version)." This announcement arrives exactly nine years after the original album's debut, marking a significant milestone in her career. The revelation took center stage during the climactic final show of her Eras Tour in Los Angeles.

NBN Co will not seek more revenue per user this year despite increasing inflation, as it prepares its fourth attempt at setting new pricing for retailers including Telstra, TPG and Optus.

New Delhi: India's largest airline IndiGo will send 13 engines to US-based engine manufacturer Pratt & Whitney for inspection as part of the latest issue regarding material anomalies. Two engines from the operational fleet and 11 engines from the grounded fleet of the airline will be sent to the manufacturer for inspection. "This implies that there would be little or no impact on the capacity of Indian carriers during the ensuing high season," a senior official said.

repo rate and GDP growth forecast unchanged at 6.5 per cent, said Governor Shaktikanta Das while announcing the rate-setting panel’s decisions. «The MPC decided to remain watchful and evaluate the situation,» said governor Das. The rate-setting panel unanimously opted to hold the key lending rate steady, in-line with analysts' expectations. The repo rate, the key policy rate at which the RBI lends to the banks, was last increased in February 2023 by 25 basis points (bps). The RBI had kept the rate unchanged in April and June meetings, after hiking rates cumulatively by 250 bps. We take a quick look at economists’ view of RBI’s latest decisions.Dr. Aurodeep Nandi, India Economist and Vice President at Nomura

«I would tend to see that the broad message of the policy as very much in line with expectations, very justifiably highlighting inflation risks, revising the Q2 numbers and so forth,» says Abheek Barua, Chief Economist, HDFC Bank.Was the stance really that hawkish for the market to fall the way it is because it is pretty much along expected lines? Yes, you described the key elements of the policy but one thing that you did not sort of refer to was this incremental CRR. It might be temporary, it could just be viewed as a technical measure but if you see it as an additional monetary policy signal and sort of a tightening signal at that, indicating that the RBI is not comfortable with current levels of liquidity, whatever the drivers may be, then I think that is the bit which was not priced in by the market.

Northeast should change their mindset and look beyond reservation as they are competent enough to compete with anyone in the world, Meghalaya Chief Minister Conrad K Sangma said. Sangma's statement came over two months after his government appointed an expert committee to review the state's job reservation policy, following demands by different organisations, including the Voice of the People's Party (VPP). «The indigenous community should stop expecting that there will be reservation in all aspects of life.

TikTok, a social-media platform, in which an American called Zaid Khan embraces the notion of not going above and beyond at work, has caused an awful lot of noise. The video itself is amazingly anodyne. A piano tinkles.

RBI) governor Shaktikanta Das on Thursday said that India is contributing approx 15% to global growth. Das announce the third bi-monthly monetary policy for FY24 today. The three-day meeting of the six-member Monetary Policy Committee (MPC) of RBI was held from August 8 to 10.

The Reserve Bank of India has raised inflation aim to 5.4% from 5.1% forecast in June policy. The central bank today also held the benchmark rate steady for a third straight time at 6.5% and also retained stance by five-to-one vote to focus on withdrawal of accommodation. El Nino weather conditions and global food prices need to be watched closely and these developments warrant a heighetned vigil, RBI Governor and MPC Chair Shaktikanta Das said while announcing the policy decisions.

Also read: The Other A.I.: Artificial Intimacy With Your Chatbot Friend Kuldeep Yadav has been credited as the inventor of this AI-driven accident prevention system. The patent application was officially filed on February 2, 2021, and the patent certificate, as shared by the Indian Army, indicates that it will remain valid for a duration of 20 years. The patent was officially granted on July 11.

Commonwealth Bank is lifting the bar on oil and gas producers’ access to financing, requiring fossil fuel producers to provide detailed plans that disclose carbon emissions through the supply chain.

DPDP) Bill that the Rajya Sabha cleared on Wednesday will make social media companies operating in India more accountable, boost the business of the IT industry and change the way organisations process data of Indians, minister for electronics and IT Ashwini Vaishnaw said. The exemptions that are given to the government under the proposed law are far fewer than what the European privacy law provides, he told Aashish Aryan & Surabhi Agarwal in an interview. Edited excerpts.How will having a privacy law further cement India’s position as tech powerhouse of the world? It will mean a lot for the Indian IT industry, which will find better traction all over the world.

Infosys’ blue logo, among the most recognized but understated motifs in India’s emergence as the undisputed global leader in technology outsourcing, is getting a ‘sonic’ makeover to help the software bellwether better engage with its younger staff and business stakeholders. The company recently celebrated its 40th anniversary.