Record News

Jai Balaji Industries have given exceptional returns to their investors in the last 1 year. The stock has delivered phenomenal returns surging over 1845 percent to ₹1,046.90 from ₹53.8 in January 2023. This implies that an investment of ₹10,000 in this penny stock in January 2023 would have turned into ₹1.94 lakh now.

New York City, after an unprecedented 700-day hiatus, saw its first measurable snowfall on January 16, ending a historic period without substantial snow. Central Park, a significant location in the city, reported a layer of snow, breaking the previous record of 400 days without considerable snowfall set in 1998, according to The New York Times. This exceptional absence of snow began after Central Park recorded 1.6 inches of snow on February 13, 2022. The National Weather Service confirmed an inch of snowfall at Central Park since midnight, with a total of 1.4 inches since the storm's onset on Monday.

The total value locked (TVL) in global decentralized finance (DeFi) has undergone a huge boost, hitting $55.365 billion with the help of a stunning spike that occurred over the course of twenty-four hours. The increased interest and trust in decentralized finance platforms and technology is reflected in this expansion, which is part of a larger trend. 

₹16,372 crore in the third quarter of FY24. The bank’s net interest income (NII) in Q3FY24 rose 24% YoY to ₹28,470 crore. The bank recorded loan growth of 4% QoQ while deposits grew 2%.

Salaar Box Office Collection Day 26: Prabhas' 'Salaar: Part One- Ceasefire' had a big start at the Box Office following its release before a long weekend that included Christmas. On its release day, the film raked in ₹90.7 crore net but the numbers have been struggling to keep up with every passing day marking new lows. The numbers picked up a bit during this weekend.

A recent news report in The Times of India suggests that in order to curb mis-selling, “insurance agents may be required to maintain audio-visual records of [the] sales pitch" they make to prospective buyers of insurance policies. A letter suggesting the same seems to have gone from the Centre’s consumers affairs secretary to the financial services secretary.

BEIJING — China has resumed reporting the unemployment rate for young people.

₹10 per litre next month. This development came as their profits are expected to hit a record ₹75,000 crore in the third quarter, despite falling crude oil costs, according to a report by Hindustan Times.

MK Exim (India): The company has declared a bonus issue in the ratio of 1:2. The record date to ascertain the eligibility of shareholders for the bonus issue has been fixed on January 17. In a stock exchange filing, MK Exim (India) Ltd said: “This is to inform you that….the Company has fixed Wednesday, 17 January, 2024 as the "RECORD DATE", for the purpose of ascertaining the eligibility of shareholders entitled for issue of Bonus Equity Shares of the Company in the ratio of 1:2, i.e.

A report released by Echelon Tuesday forecasts M&A activity will be flying high well into 2024.

A California court has dismissed a lawsuit from a group of fishermen against a conservation group that added New England lobster to its list of seafood to avoid

HSBC has filed a contempt of court case against the Central government, alleging non-compliance with the Bombay High Court's ruling concerning a service tax refund. The Bombay High Court had earlier ruled in favour of HSBC in a service tax dispute and asked the tax department to refund the service tax. HSBC has alleged that the government has not complied with the court order. HSBC had got its books and records audited for the period March 2007 to 2012.

Canada is caught in a “population trap” for the first time in modern history and needs to limit immigration to escape it, say economists with the National Bank of Canada.

In today's world, speed is everything. From shaking your screen for 5-second videos to 1-minute ballets and websites loading in 3 seconds, the pace of life has accelerated.

Li Qiang said on Tuesday in Davos the Chinese economy was open for business and highlighted its potential for foreign investment as its vast population becomes rapidly more urban and its middle class is forecast to grow. As China grapples with a sluggish post-pandemic recovery and a real estate slump, overseas executives have grown concerned about its long-term growth prospects for the first time in the four decades since Beijing opened it up to foreign investment.

₹1,036 crore in the third quarter ended December 31, 2023. In the same quarter a year ago, the bank had recorded a net profit of ₹775 crore. In a regulatory filing, Bank of Maharashtra said that its total income rose to ₹5,851 crore during the December quarter against ₹4,770 crore in the same period last fiscal year.

U.S. importers are rediscovering the lure of Southern California ports. Trade is swinging back to the ports of Los Angeles and Long Beach after a period in which pandemic-driven shipping disruptions and broader shifts in manufacturing pushed supply chains more heavily toward Gulf Coast and East Coast ports.

WASHINGTON—A government-controlled mortgage giant has a plan that could help more Americans save around $1,000 on closing a mortgage, the latest attempt to chip away at high costs that officials say discourage home buying. Fannie Mae last month said it would expand the types of mortgages it will purchase that rely on a cheaper alternative to title insurance, which is one of the biggest fixed costs tied to closing a mortgage. The alternative, called an attorney-opinion letter, allows a real-estate attorney to essentially attest that there are no problems with a property’s title.

India's engineering goods exports recorded a year-on-year growth of 10.20 per cent to USD 10.04 billion in December 2023. While this represents a strong rebound, the sector still faces uncertainties due to the prevailing global economic conditions, an EEPC official said. «It has been a challenging period for engineering exporters. Tensions in Europe and now in West Asia have posed significant downside risks,» Engineering Export Promotion Council of India Chairman Arun Kumar Garodia said. «Projections indicate a potential slowdown in global growth in 2024, and factors such as high interest rates and low consumer spending are expected to continue affecting the sector this year,» he said. Considering these factors, EEPC maintains a cautious optimism and hopes that geo-political tension will ease, leading to an improvement in the global macroeconomic situation, Garodia said.

Patna till class 8 to remain closed till January 20. Earlier, the district administration in four districts, including Patna, had ordered the closure of all government and private schools for students up to Class VIII until January 20 due to the cold wave sweeping the state.

Mustafa Al-Bassam, the co-founder and CEO of Celestia, has recently shared insights into his early years as a hacker, including significant hacks targeting entities like the CIA and the Westboro Baptist Church.