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12.02 / 02:47
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"Will not be a surprise if Nitish Kumar...": Danish Ali ahead of Bihar floor test
BSP leader and Lok Sabha MP Danish Ali on Sunday claimed Chief Minister Nitish Kumar may switch sides again if it was politically convenient. Nitish took the oath of office for a record ninth time after his stunning 'Ghar Wapsi' to the BJP-led NDA. «The people of Bihar are embarrassed over the state of affairs. They are very saddened by the way Nitish Kumar made fun of them and their mandate. The pressure on his MLAs is clearly visible. It wouldn't surprise me if Nitish Kumar makes another of his political switchovers in the foreseeable future and return to the Mahagathbandhan (grand alliance),» the BSP MP told on Sunday.
12.02 / 02:47
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Oil starts week lower after Israel says 'concluded' Gaza strikes
Oil prices fell in early Asian trade on Monday after Israel said it had «concluded» a series of strikes in southern Gaza, slightly easing concerns about supply from the Middle East. Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel, while U.S. West Texas Intermediate crude futures were 46 cents, or 0.6% lower, at $76.38 a barrel at 0135 GMT.
12.02 / 01:15
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SIPs turn into gulps: 2024 begins with a bang
Association of Mutual Funds in India. Gross addition of accounts was also the highest on record at 5.1 million last month, while new SIP account to closure ratio — a measure to gauge how many SIPs accounts opened for one closed — was the best in 25 months at 2.18. The monthly SIP book at Rs 18,872 cr was 7% higher from Dec, the fastest sequential growth in 21 months Assets under management of SIP-linked funds rose to Rs 10.26 lakh crore in January 2024, crossing the psychological milestone of Rs 10 lakh crore ($123 billion) for the first time, show the data. SIPs accounted for 19.5% of total mutual fund AUM at the end of last month. This implies nearly one-fifth of India’s total AUM is contributed by SIP-linked funds, which are presumed to be stickier than lumpsum investments. The share of SIP-linked funds to total mutual fund AUM nearly doubled in five years, with the SIP book growing at 33.78% annually, compared with 17.67% by the wider mutual fund industry. Of the total mutual fund industry AUM of Rs 52.74 lakh crore at the end of January, equity schemes accounted for nearly 43%, followed by debt at 26%, passive scheme (index & ETF) at 16% and hybrid at 13%, with the balance in other schemes
12.02 / 00:23
12.02 / 00:23
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1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, Deere
Stocks on Wall Street closed higher on Friday to notch another winning week as the S&P 500 ended above the key 5,000-point level for the first time ever amid an ongoing rally in mega-cap tech shares.
12.02 / 00:23
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Reuters
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record high
China new bank loans in Jan hit record high on policy support
By Judy Hua and Kevin Yao
11.02 / 23:17
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Investigations
US weather forecast: Tornado warning for Houston, other parts of Texas
Tornado warning for southeastern Texas, encompassing areas like Houston. The watch indicates the potential for a couple of tornadoes, along with the risk of large hail and destructive winds, as per a Fox report. Severe thunderstorms are forecasted to occur from southeastern Texas to parts of the lower Mississippi Valley and central Gulf Coast states on Sunday. These storms bring the possibility of large hail, damaging wind gusts, and tornadoes as potential threats, the report says.
11.02 / 20:35
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JD(U) confident of winning trust vote, brushes aside absence of few MLAs at legislative party meet
Nitish Kumar's JD(U) on Sunday exuded confidence that its national president, who was sworn in as Bihar CM for a record ninth time after forming a new government with the BJP, will win Monday's trust vote. State parliamentary affairs minister Vijay Kumar Chaudhary, who convened a meeting of the JD(U) legislative party, downplayed the absence of «two or three MLAs,» attributing it to «unavoidable circumstances about which they had given prior information.» He emphasised that the absentees would be present in the assembly during the floor test. «We in the NDA have a total strength of 128 MLAs. In the 243-strong assembly, we are comfortably placed. All our MLAs will be present inside the House where a no-confidence motion against the Speaker will precede the trust vote», said Chaudhary.
11.02 / 19:33
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ET Explainer: How title insurance can help change realty landscape
Indian real estate takes a stride towards transparency and continues to attract global investments; the adoption of title insurance emerges as a pivotal step in safeguarding interests of stakeholders including homebuyers as well as institutional investors. Its usage is also witnessing gradual rise across key property markets in India. However, certain challenges including limited awareness and a fragmented regulatory landscape continue to hinder the widespread adoption. What is Title Insurance? Title insurance is a specialised form of indemnity insurance designed to protect real estate owners and lenders against financial losses stemming from defects in the title or ownership of a property. These defects could include undisclosed liens, encumbrances, errors in public records, or even fraudulent claims on the property's ownership.
11.02 / 15:55
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Weddings and tax implications of cash gifts
—Name withheld on request As per Section 56 of the Income Tax Act, any monetary gift received by an individual is taxable if the aggregate sum of money received during the year exceeds ₹50,000. However, there are specific exceptions to this rule, including gifts received on the occasion of marriage and gifts received from relatives.
11.02 / 15:37
markets
Waves
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song
After 2023 stock rally, new wave of ‘great retirement’ washes over US
A generation ago, one popular song implored workers to tell their bosses to “Take This Job and Shove It.” Judging from how many Americans are choosing retirement, millions are taking that advice.
11.02 / 15:13
COST
Platform
Apple
Instagram
blues
innovations
View: Mark Zuckerberg’s 20-year formula for success has expired
Facebook Dating, which was meant to challenge Tinder? Is anyone viewing Facebook Watch, a supposed rival to Netflix? How about the Facebook Gaming portal, once billed as its foray into cloud gaming and an effort to take on streamer platforms Twitch and YouTube? Today it’s littered with low-rent titles offering little more to the player than your typical fruit machine. Even some of the more popular ideas must be shared with warning labels — scammers are everywhere on Facebook Marketplace. Fortunately for Mark Zuckerberg, the barnstorming success of other parts of Meta Platforms Inc. — the rebranding of the business meant to reflect his vision of the future — means its duds can hide out within the comically cluttered navigation menu on the main Facebook app. Besides, for 20 years, use of the main Facebook service — known as the “blue” app internally — has remained remarkably resilient. It attracted 3.07 billion monthly active users as of last quarter, the company said. Though, tellingly, Meta said it would no longer break out the number in future reports.
11.02 / 15:13
Citi
CBS
wellness
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bowling
Super Bowl LVIII date, time, free live streaming of Kansas City Chiefs vs San Francisco 49ers
Super Bowl LVIII or Super Bowl 2024 NFL event is finally here and the match between Kansas City Chiefs and San Francisco 49ers is likely to be viewed by a record number of audience. Taylor Swift may well be there in the attendance. Super Bowl LVIII will be held at Allegiant Stadium in Las Vegas. Super Bowl 2024 event is scheduled to start at 6:30 pm (ET) on Sunday, February 11. NFL game between San Francisco 49ers and Kansas City Chiefs will be live telecast on Nickelodeon and CBS. The final will be live streamed on Paramount+. There is one week free trial for Paramount+. So, one can watch Super Bowl 58 for free, CBS reported.
11.02 / 14:55
Target
Updates
bowling
Ind vs Aus U19 Finals Live Score Updates: IND 136/8 in 35 overs; Naman Tiwari - Murugan Abhishek on crease
Ind vs Aus U19 Finals Live Score Updates: The young Team India is just 190 runs away from creating history and bringing another ICC World Cup home for the record sixth time. The team bowled impressively to restrict Australia to 253 runs in the first innings, and Adarsh Singh is leading India's batting toward the target. Australia has clinched some crucial wickets, especially of skipper Uday Saharan, but Indian batters are looking in control and one good partnership can bring them close to the victory line.
11.02 / 12:23
country
reports
South Korean firm offers staff ₹62.28 lakh to have a child, ₹1.86 crore for three. Here is why
₹ 43,58,27,437 to employees who have given birth to 70 children since 2021. Both, male and female employees, will be eligible for the benefit, the company said. "I hope we would get recognized as a company that contributes to encouraging births and worries about the country’s future," Booyoung Group’s Chairman Lee Joong-keun told his employees adding that the offering is a “direct financial support" to employees to help ease the financial burden of raising children.
11.02 / 12:21
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Government, opposition likely to lock horns over Centre-State row as Karnataka Budget session begins Monday
The Congress government is expected to showcase its agenda ahead of the Lok Sabha polls later this year through the Governor's address and presentation of the State Budget, while the opposition BJP and JD(S), which are set to fight the polls jointly, look to show the government in poor light by highlighting the allegations against the administration. The 10-day session, which will commence with Governor Thawaarchand Gehlot's address to the joint session of both houses of the state legislature, will see Chief Minister Siddaramaiah presenting his record 15th Budget on February 16.
11.02 / 11:15
Career
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singer
bowling
Usher’s Net Worth, Ahead of His Performance at the Super Bowl Halftime Show
Grammy Award-winning R&B singer and songwriter Usher is headlining Super Bowl LVIII in Las Vegas on Sunday, where the San Francisco 49ers will face off against the Kansas City Chiefs. It’s not Usher’s first Super Bowl performance—he performed alongside the Black Eyed Peas in 2011.
11.02 / 10:35
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Technical Breakout Stocks: How to trade Olectra Greentech, Birla Corp and JK Lakshmi Cement on Monday?
Sectorally, buying was seen in the bank, consumer durables, healthcare, and FMCG stocks while selling was seen in infrastructure, oil & gas, public sector, and metal stocks.
11.02 / 09:45
markets
BTC
ETF
BitMEX
Research
Bitcoin
Bitcoin Price Prediction as BTC ETFs Hit $10 Billion Milestone – Can BTC Reach $100,000 in 2 Months?
On Sunday, Bitcoin price prediction remains bullish with exchange-traded funds (ETFs) recently reaching an impressive $10 billion in assets under management after just 20 sessions. This significant achievement is bolstered by data from BitMEX Research, which highlights a robust $2.7 billion net flow into nine ETFs.
11.02 / 06:33
show
Inside
Videos
‘No excuses’: Driver gets dad’s car impounded going 131 km/h in 50 zone
stunt driving in his father’s car after he was allegedly caught going 131 km/h in a 50 km/h zone.York Regional Police released footage of the incident, in which the driver’s dad’s car was impounded, just “minutes” after he had passed his G Class driving licence exam.The video released by police blurred the vehicle’s licence plate and did not identify the driver or his father.The video, which appears to have been recorded from inside a police cruiser, shows officers speaking to the driver.“I have no excuses,” the driver can be heard saying before one of the officers responds.“One-hundred-and-thirty-one in a 50, so with that speed you’re going to lose your licence and you lose your vehicle,” the officer says.That speed comes with a stunt driving charge, which includes vehicle impound and a 30-day licence suspension.The driver tells police the car belongs to his father and that, 10 minutes earlier, he got his G licence.“I hope we never meet again,” the driver can be heard telling the officer, who says he hopes he has learned his lesson.The video ends with the car being towed from the scene.York Regional Police say they recorded 118 stunt driving charges in January alone.
11.02 / 06:03
Citi
track
information
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Department
Updates
Bengaluru's early summer heat eases with March rainfall forecast, says IMD. Check details here
India Meteorological Department (IMD) has predicted a decrease in temperatures with the arrival of rainfall starting in March, Times of India reported. Although the average maximum temperature for February stands at 30.9 degrees Celsius, the city seems to be on track to surpass its all-time record of 35.9 degrees, set back in 2005. Typically, the city should have received 7.1 mm of rainfall in February, but so far, there has been no sign of it.
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