Record News
04.04 / 17:07
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country
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Earthquake of magnitude 5.3 shakes Himachal Pradesh; tremors felt in Haryana, Punjab
earthquake of magnitude 5.3 shook Chamba in Himachal Pradesh on Thursday, informed National Center for Seismology. The agency which monitors earthquakes in the country said the quake in Himachal Pradesh had a depth of 10 km. NCS added that the timing of the quake was 9:34 pm.
04.04 / 16:13
Compilation
President
Justice
reports
Courts
Investigations
'Highly shameful' even if only 1 pc of Sandeshkhali allegations true: Calcutta HC
Sandeshkhali were found to be true, the Calcutta High Court on Thursday said that West Bengal's image as the safest state for women will fall. Petitioner-lawyer Priyanka Tibrewal submitted a voluminous compilation before the court which she said contained around 100 affidavits of alleged victims of sexual assault, apart from those of land grabbing and violence. «If at least one per cent (of the allegations) is true, it is highly shameful,» a division bench presided by Chief Justice T S Sivagnanam said. The division bench was hearing a suo motu motion on alleged sexual assault and land grabbing at Sandeshkhali in North 24 Parganas district and petitions seeking transfer of investigation of these cases to the CBI.
04.04 / 15:53
markets
UPS
Citi
wellness
pandemic
2020
Land ahoy: Will the buying craze continue in FY25?
Mint explains what to expect this fiscal: Land deals were down to a trickle before the pandemic in 2020, when the residential sector witnessed a prolonged slowdown. Since 2021, transactions have seen a steady rise, reaching a peak in 2023, mainly led by the residential sector, warehousing and logistics. The spurt in home sales led to more liquidity among developers, who are building a supply pipeline by investing in acquisition of land across the top tier cities.
04.04 / 15:53
markets
Provident
Align
Courts
rights
What is the role of ‘lis pendens’ in property transactions?
—Name withheld on request Lis pendens in common parlance means “a pending legal action". The doctrine of lis pendens finds its place in Section 52 of TOPA which provides that if there is any transfer of any immovable property pending litigation, the same shall not affect the rights of the parties in respect to the immovable property.
04.04 / 15:25
04.04 / 14:57
markets
UPS
Waters
Southern
country
Water level in reservoirs falls to 35% of total storage capacity
CRISIL Market Intelligence and Analytics, said. “In the near term, owing to a prediction of high temperatures over an extended period, summer crop sowing which largely comprises cereals like bajra and maize, pulses like moong, and vegetables like cucurbits and melons are expected to be negatively impacted following lower reservoir levels across key states like UP, Bihar, West Bengal, Chhattisgarh, AP, Karnataka and Tamil Nadu," Sharma added.
04.04 / 14:53
COST
UPS
Strategy
Features
Prestige Group buys Bengaluru land parcel for ₹450 crore
BENGALURU : Real estate developer Prestige Group has acquired 21 acres of land in Bengaluru's key tech corridor, Whitefield, for ₹450 crore. The acquired land has been earmarked for a residential development spanning approximately 4 million sq ft, which will feature 1,800 apartments. This marks the second significant land purchase by the Bengaluru-based developer this year, following its acquisition of 62.5 acres in Indirapuram Extension, Ghaziabad, in March, at a cost of ₹468 crore.
04.04 / 13:41
markets
COST
UPS
wellness
U.S. refiners still have gas in the tank
U.S. refiners are heading into the summer driving season at full speed. Shares of Marathon Petroleum are up 45% year to date, while Valero and Phillips 66 are up 39% and 30%, respectively.
04.04 / 13:31
UPS
Citi
Reuters
WhatsApp
Department
India's rice rates grind to 2-month low on soft demand
India slipped to their lowest level since early February this week, pressured by sluggish demand, while Thai rates declined for the fourth consecutive week due to a weaker baht. Top exporter India's 5% broken parboiled variety was quoted at $540-$548 per ton this week, down from last week's $550-$558. Prices hit a record high of $560 last month after customs officials changed the calculation method for the 20% export duty, resulting in a higher levy. Demand from Asian buyers was subdued, which brought down prices from the last month's highs, said Himanshu Agarwal, executive director at Satyam Balajee, a leading exporter.
04.04 / 11:27
markets
UPS
UK investors add more to North American equity funds in Q1 than over last nine years combined
Between December 2023 and March 2024, UK investors have added £6.6bn to North American equity funds, which is more than the combined £6.3bn invested since the data study began nine years ago. North American equity funds attracted £1.7bn of new capital in March, bringing the total for the first quarter of the year to a record £5.7bn, which is more than triple the previous best quarter (£1.7bn in Q4 2020). Edward Glyn, head of global markets at Calastone, said: «The US earnings recession is over. Profits are once again on the up and that seems to be the main catalyst driving fund inflow...
04.04 / 11:23
markets
COST
Assurant
Sustainability
wellness
Trade
Gold at new record high for 4th time this week
Gold set another record above $2,300 an ounce on the likelihood the Federal Reserve will cut interest rates this year and sustained demand from central banks.
04.04 / 11:15
UPS
Citi
President
performer
Destinations
IHCL signing SeleQtions Hotel with Merlin Group
IHCL) has partnered with Merlin Group to open a new resort near Joka on Diamond Harbour Road, Kolkata. IBIZA – an IHCL SeleQtions will have 130 keys, including eight suites, spread over 11 acres in Kriparampur, a popular tourist destination. The property will also boast a 5,400 sq. ft. ballroom, conference halls, pre-function areas, meeting rooms and scenic outdoor venues. “The existing resort will be refurbished and expanded under a new brand, with plans to open in October 2025. A total investment of Rs 60 crore will be infused for the planned expansion,” said Sushil Mohta, Chairman of Merlin Group, hinting the company may look at more assets with IHCL.
04.04 / 08:09
Election
President
show
reports
Courts
politician
Supreme Court sets aside Bombay HC judgment; upholds BJP MP Navneet Rana's caste certificate
LS polls: BJP releases 7th list of candidates, Navneet Rana to contest Amravati Rana had challenged the Bombay High Court order of 2021, where the court observed that she fraudulently obtained a 'Mochi' certificate, even though records showed she belonged to the 'Sikh-Chamar' caste, Live Law reported. The Bombay HC had also imposed a fine of ₹2 lakh on the Amravati MP. After this Rana knocked Supreme Court's door and argued that her forefathers belonged to the Sikh-Chamar caste wherein 'Sikh' is a religious prefix and is not related to a caste.
04.04 / 08:09
markets
Food
Research
Experts
recommendations
rights
Mishtann Foods rights issue open for bidding at 25% premium. Should you apply?
₹15 per share. The company board also fixed a record date for the Mishtann Foods rights issue on 20th March 2024. So, those who held Mishtann Foods shares on 20th March after the market close are eligible to participate in this right offer of Mishtann Foods Ltd.
04.04 / 06:11
Digital
ETF
SEC
Trade
Bitcoin
show
Bitcoin price today: pinned at $65k amid rate uncertainty, slowing ETF activity
Investing.com-- Bitcoin price fell slightly on Thursday, seeing little relief as risk appetite remained largely frail amid uncertainty over U.S. interest rates, while signs of easing capital flows also weighed.
04.04 / 04:13
markets
FIVE
Nikkei
Trade
Experts
reports
Stock market today: Sensex, Nifty 50 hit record highs; banking stocks among top gainers
BSE Midcap index also hit its fresh all-time high of 40,973.14, rising nearly 1 per cent. The Smallcap index also rose 1 per cent to hit its intraday high of 46,015.16. The all-time high of the BSE Smallcap index is 46821.39 which it hit on February 7 this year.
04.04 / 04:13
markets
UPS
Bill
Trade
Updates
HDFC Bank share price gains 3% as Q4 gross advances rise 55% YoY to ₹24.69 lakh crore; deposits grow 26%
₹25.08 lakh crore as of March 31, 2024, from ₹16.14 lakh crore as of March 31, 2023. On a sequential basis, the advances of HDFC Bank, the largest private sector bank in India, grew 1.6% from ₹24.69 lakh crore in December 2023. Grossing up for transfers through inter-bank participation certificates and bills rediscounted, the bank’s advances grew by around 53.8% over March 31, 2023, and around 1.9% ( ₹472 billion) over December 31, 2023, HDFC Bank said in a BSE filing on Thursday.
04.04 / 02:27
UPS
Target
Ball
Remark
performer
Who won yesterday IPL Match? Best moments of Kolkata Knight Riders Vs Delhi Capitals
KKR produced a remarkable performance as their target of 273 turned out to be too much for the DC as they gave in to the pressure and ended up suffering a 106-run defeat. With KKR's yesterday's win, the team marched on to the top of the table with their third consecutive win. KKR's Sunil Narine (85), Angkrish Raghuvanshi (54), Andre Russell (41) and Rinku Singh's brutal-bashing helped KKR come within touching distance of surpassing SRH's score of 277.
04.04 / 02:25
UPS
Manufacturing
Nikkei
Trade
show
reports
Nikkei leads Asia higher as yen skids; commodities in demand
Asian shares rallied on Thursday as U.S. rate cuts remained on the menu, even if their timing was unclear, while the yen slid against everything except the dollar and boosted Japanese stocks. There was also action in commodities as gold reached another record, oil a five-month peak and copper a 13-month top, helping lift shares in basic materials and energy companies.
04.04 / 02:25
UPS
Strategy
economy
CME
Gold Prices
Gold prices touch record high after Powell's comments
Gold surged to a record high on Thursday, as Federal Reserve Chair Jerome Powell underlined that recent job gains and higher-than-expected inflation readings do not significantly alter the overall picture of the central bank's monetary strategy. FUNDAMENTALS
04.04 / 01:47
CEO
Enterprise
performer
track
Take the SIP route to join Trust MF's hunt for 'gorillas'
Trust Mutual Fund's first equity product offering may be better suited for investors looking to stagger their investments using the Systematic Investment Plan (SIP) route, said investment advisors. The asset manager is launching Trust Flexi Cap Fund whose new fund offer will be open between April 5 and 19. The fund, which will be managed by Mihir Vora and Akash Manghani, will manage a portfolio of 40-50 stocks. The fund managers will combine investment philosophies including growth at a reasonable value (GARV) and terminal value (TV) to pick stocks.
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