India Financial News
12.06 / 18:03
Manufacturing
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Irdai accepts registration withdrawal application of Paytm General Insurance
One97 Communications, owner of the Paytm brand, will now focus on the distribution of insurance products of other insurers after the sector regulator Irdai has accepted Paytm General Insurance's registration withdrawal application. Paytm General Insurance Limited had approached the Insurance Regulatory and Development Authority of India (Irdai) for the withdrawal of its application for registration as a "General Insurance Company" for being a manufacturer of general insurance products.
12.06 / 18:03
12.06 / 17:45
LGBT
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Netflix
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Adventure
Mermaid Magic: Everything we know about Netflix show’s release date, production team, plot, teaser and characters
Iginio Straffi, known for creating the "Winx Club," will release a new animated series titled “Mermaid Magic” on Netflix on August 22. The series is produced by Rainbow studio and Bardel.
12.06 / 17:45
12.06 / 17:45
security
Reddit
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Experts
Inside
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Is Kate Middleton receiving treatment in Houston? Kensington Palace maintains silence. The inside story
Princess of Wales Kate Middleton has? This is the question that has been asked many times since the Royal Palace announced that the princess is suffering from a life-threatening disease. She as well as Kensington Palace has refused to divulge any information on this issue. But this question has become important after rumors began doing the rounds that Kate Middleton was possibly receiving treatment at MD Anderson Cancer Center in Houston. Kensington Palace has since denied it.
12.06 / 17:45
markets
Provident
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Whirlpool
innovations
surfing
Whirlpool of India and HUL enter collaboration to market Surf Excel
Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel, the laundry brand of the leading FMCG maker. As per the alliance, both brands will have joint marketing initiatives.
12.06 / 17:45
wellness
Golf
track
reports
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Relationships
Are Rory Mcllroy and Erica Stoll divorced? Well, the answer still stands as a NO
Rory Mcllroy and his wife have called off their divorce right before the start of the very important US Open, set to begin this week in North Carolina. The announcement of their reconciliation comes in as rumors are running high around their relationship status, which apparently still stands pretty solid. The couple have bounced back even after a divorce filing in court that stated that their marriage was 'irretrievably broken', according to a previous ET report.
12.06 / 17:45
Citi
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Bengaluru civic body split discussion gains momentum post LS polls, Parameshwara backs idea for ‘effective administration’
Parameshwara spoke about this on Wednesday as the city, with its ever growing population, is sinking under its own weight.
12.06 / 17:45
markets
CEO
PTC
wellness
2020
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prevention
Sebi restrains PFS' acting chairman Mishra from holding director post for 6 months
PTC India Financial Services Ltd's (PFS) acting chairman Rajib Kumar Mishra from holding the director's post in any listed firm for six months and imposed a penalty of Rs 10 lakh on him for corporate governance lapses. Mishra is also the chairman and managing director of PTC India Ltd, a promoter firm of PFS. Also, the company's former MD and CEO Pawan Singh has been prohibited from holding any position of director or key managerial personnel in any listed firm or any intermediary registered with Sebi for a period of two years. Further, the regulator slapped a fine of Rs 25 lakh on Singh.
12.06 / 17:45
markets
Provident
FIVE
economy
Sustainability
country
social
Govt’s PMAY move to help boost affordable housing, drive economic growth
PMAY) is expected to boost the supply of much-needed affordable housing and move closer to the vision of housing for all.
12.06 / 17:45
markets
Fox
economy
BURST
performer
Interviews
What is this “bubble of bubbles” burst of the US Stock Markets being predicted?
Harry Dent has predicted a massive stock market crash in the US next year. He stated that the markets could see some corrections resulting in a crash which will be worse than what the investors saw during the sub-prime crisis in 2008. He further stated that this will not result in an economic recession but will be worse in the form of depression in the economy. He made these comments during an interview given to Fox Business Network. Previously, the economist had been predicting this sort of doomsday scenarios for many years. Presently, after the COVID-19 pandemic, the US has been recovering with a slow and steady GDP growth and an increase in the number of jobs that have been created.
12.06 / 16:53
markets
UPS
security
Remark
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Research
Fomo buying and key portfolio allocation push Nifty 50 to a new high
₹2 trillion in market capitalization today, propelling the total to a record ₹429 trillion."Most ministers retaining their portfolios signals policy continuity," remarked Manish Sonthalia, CIO, Emkay Investment Managers. This suggests that pending tasks from the second term will be addressed in the third term, with the countdown to the first 100 days and the upcoming budget already underway, he said."On top of that, what's fuelling this rally to new heights is the fear of missing out (Fomo) buying," believes Sonthalia.
12.06 / 16:53
UPS
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Nestle
reports
recommendations
Nestle India to pay royalty to Swiss parent at current rate of 4.5%
Nestlé S.A., the company said in a filing to the exchanges Wednesday.On Wednesday, the company’s board approved continuation of payment of royalty at the existing rate of 4.5% to its parent company. In May, the company’s proposal to increase royalty payout was rejected by shareholders.“Respecting the decision of the members and feedback from other stakeholders, the board of directors on the recommendation of the audit committee, with only the independent directors voting and the executive directors recusing, approved continuation of payment of general licence fees (royalty) by the company to Société des Produits Nestlé S.A.
12.06 / 14:51
Reuters
Gap
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President
War
Blinken says some Hamas proposals unworkable but work on ceasefire to continue
Hamas proposed «numerous changes» in its response to a ceasefire proposal to end the Gaza war including some unworkable changes, U.S. Secretary of State Antony Blinken said on Wednesday, but he insisted Washington and mediators will press ahead to bridge gaps between the Palestinian militant group and Israel.
12.06 / 14:51
Provident
security
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Opinion
Courts
rights
Bankruptcy court approves resolution plan for Era Infra Engineering
Era Infra Engineering, are likely to recover part of their dues, as the bankruptcy court has approved the company’s acquisition by lesser-known SA Infrastructure Consultants Pvt Ltd.
12.06 / 14:51
BLOCK
Universities
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information
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Investigations
Now bomb scare at Delhi museums, health institutes; nothing suspicious found
National Museum and Rail Museum, and two mental health institutes — IHBAS (Institute of Human Behaviour and Allied Sciences) and VIMHANS (Vidyasagar Institute of Mental Health, Neuro and Allied Sciences) — have received bomb threat e-mails, officials said on Wednesday. The officials said that nothing suspicious was found in the searches and later the calls were declared hoax.
12.06 / 14:51
markets
UPS
economy
Cycling
country
rights
rowing
Deposit rates peak; to move downwards in medium term: SBI Chairman
Dinesh Kumar Khara has said that deposit rates have peaked and will move southward in the medium term. The country's largest lender also said the RBI may start easing the interest rate cycle from the third quarter of the current financial year.
12.06 / 14:51
12.06 / 14:51
Aware
Food
Research
trends
show
reports
Ramen Revelations: Are your favorite instant noodles harming your health?
Danish authorities have issued a recall for several spicy ramen noodle products from South Korean company Samyang due to safety concerns. Reports indicate that these noodles contain dangerously high levels of capsaicin, a compound found in chili peppers. This move comes amidst a growing trend in the popularity of Korean noodles, raising concerns about their safety for consumption.
12.06 / 14:51
12.06 / 14:43
MET
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Election
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Pema Khandu to become CM of Arunachal Pradesh for fifth time
Pema Khandu will become the chief minister of Arunachal Pradesh.
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