Record News

29.08 / 02:53
UPS show country Support Gold gains support from a dip in US dollar, bond yields
Gold prices gained on Tuesday as the dollar and Treasury yields retreated from recent highs ahead of crucial U.S. inflation and jobs data this week that could define the outlook for interest rates. FUNDAMENTALS * Spot gold was up 0.1% at $1,921.69 per ounce by 0113 GMT, having hit its highest since Aug.
29.08 / 02:53
Strategy BAY RBC show tenor Asian stocks economic data Asian stocks climb with economic data in focus
Asian stocks broadly rose after US equities moved higher, with traders awaiting a raft of economic figures over the next few days for clues on the outlook for global central bank policy. An Asian equity gauge climbed 0.5%, supported by gains in Hong Kong, Japan and Australia. Shares in mainland China fell at the open, before heading into positive territory.
29.08 / 02:03
Earthquake of magnitude 4.3 strikes Andaman Sea
earthquake of 7.0 magnitude struck the Bali Sea region of Indonesia on Tuesday, the European-Mediterranean Seismological Centre (EMSC) had reported. The earthquake's epicentre was 201 kilometres north of Mataram, Indonesia and 518 kilometres (322 miles) below the Earth's surface, the EMSC said.
29.08 / 01:17
IPO Provident Platform Action Enterprise show SME platform seeing flurry of listing action
platform dedicated to small and medium enterprises (SMEs) is currently witnessing a flood of public offerings on surging demand from rich individual domestic investors with the risk appetite for such small issuances. So far, in 2023, 100 SME firms have raised a record ₹2,600 crore of funds from the SME board, breaking the previous record of ₹2,287 crore raised in 2018 by 141 firms. By contrast, 19 companies have raised around ₹14,500 crore on the main board.
29.08 / 01:17
COST IPO Siemens Manufacturing electronic Rishabh Instruments holds promise in energy efficiency
Rishabh Instruments, a maker of a wide range of electrical measurement instruments and process optimisation equipment, plans to raise ₹491 crore from an initial public offer. It comprises a fresh issue of ₹75 crore that would be used for capacity expansion at its Nashik facility and an offer of sale of ₹415 crore from promoters and investors. The promoter holding would drop to 70.6% post-IPO from 80.67%.
28.08 / 19:17
UPS Digital Invesco APA Tribeca preps billion-dollar war chest for listed infra; Asian SWF in
Tribeca Investment Partners is set to extend its dominance from resources stocks to infrastructure names, as it reels in a big-ticket Asian sovereign wealth fund with a freshly minted fund.
28.08 / 19:05
Career Continental Hallmark Pride star Time Neeraj Chopra has won every title the sport has to offer. Now, it's time for a do-over
U20 World Championships gold. Check. Asian Championships gold. Check. Commonwealth Games gold. Check. Asian Games gold. Check. Olympic gold. Check. Diamond League trophy. Check. World Championships gold. Check. This is not a wish list of a teenager made right after watching a motivational movie. Or a shopping list of a soon-to-be bride. This is what Neeraj Chopra’s trophy cabinet looks like after his Sunday night triumph in the World Athletics Championships finals in Budapest, Hungary. Throw in a couple of silver medals he won at last year’s World Championships and Asian Junior Championships in 2016, too, and you have a treasure box that’s never been seen in India. Chopra threw his javelin 88.17m in his second out of six attempts. No one from the 12 strong finals line-up could breach the mark as Chopra became the first Indian ever to win a gold at the World Athletics Championships. The closest was Pakistan’s Arshad Nadeem (87.82). When he won silver at the World Championships in Eugene, US, last year, he had said, “Yeah, but it’s not gold.” Well, it is now. The hallmark of Chopra’s ‘golden’ career has been his ability to gauge the conditions better than his competitors. In every competition there have been players with better personal and season best throws but Chopra has always managed to win on the big day. He had arrived in Budapest having played in just three competitions this year. He had hurt his groin in one of those competitions. According to Sportstar, Chopra barely threw a javelin in practice to avoid any possibility of hurting that muscle again. “I was thinking a bit about my groin injury. I was being careful, and my speed was not 100%,” he said. He still won.
28.08 / 19:05
UPS Citi Racing show country Kota student suicides: High pressure culture among students points towards some serious problems with India's education system
student suicides to a record 23 in coaching hub Kota, has set off alarm bells in poll-bound Rajasthan bringing all coaching centre-level tests to a halt for two months. The growing number of suicides at this north Indian coaching hub, which draws over two lakh students annually to help them prepare for the Joint Entrance Exam (JEE) and the National Eligibility Cum Entrance Test (NEET) for admissions to top engineering and medicine colleges, is a reflection of the immense stress that students have to undergo to make it to the top institutes, which are far fewer than desired.
28.08 / 18:13
UPS MET CEO Assurant CBI Delhi liquor scam: CBI arrests ED official for accepting bribe of ₹5 crore to help accused
Enforcement Directorate (ED) and six other officials for accepting bribes ₹5 crore to save Delhi businessman Aman Dhall in the Delhi liquor scam case. The accused named in the FIR have been identified as Pawan Khatri, Assistant Director, ED; Nitesh Kohar, Upper Division Clerk; Deepak Sangwan, Employee of Air India; Amandeep Singh Dhall; Birender Pal Singh; Praveen Kumar Vats, Chartered Accountant; Vikramaditya, CEO of Claridges Hotels and Resorts.
28.08 / 18:07
UPS Target Ministry of Finance asks ministries to be realistic with budgetary requests
The government will present the interim budget for 2024-25 in February next year, and the actual budget will be introduced after 2024 general elections, the schedule of which isn't known yet. The finance ministry will formally start consultations in early October for the supplementary demand as well as the interim budget, he said. «Departments are being informally conveyed to be realistic in their assessments. For instance, they should not ask for more (for this fiscal) and end up surrendering unspent funds,» he added. «Similarly, (for the interim budget for 2024-25) it's being expected that the departments will firm up proper expenditure projections, at least for the first half,» he said. Given that the precise duration of the budget session of Parliament isn't yet clear (due to the polls), it makes sense for the ministries/ departments to prepare estimates as precisely as possible, he indicated.
28.08 / 18:03
CEO Hawaiian Hawaiian Electric denies Maui lawsuit claims about cause of wildfire, shares surge
(Reuters) -Hawaiian Electric's shares jumped nearly 40% on Monday after the electric utility disputed accusations that its power lines caused the deadly wildfires in Maui earlier this month.
28.08 / 17:51
UPS FIVE Fulton star cover Trump Factbox-Key dates on Trump's overlapping legal and political calendars
(Reuters) — Former U.S. President Donald Trump faces a tangled calendar in the year ahead as he seeks the 2024 Republican nomination while trying to fend off four criminal and three civil trials, some related to his attempts to overturn his 2020 loss.
28.08 / 17:13
UPS Provident Digital Citizens cover dutch India’s health plans catch Dutch interest
NEW DELHI : The Netherlands is in talks with Indian health officials to try and understand the playbook of the country’s two flagship health schemes—Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) and Ayushman Bharat Digital Mission (ABDM). Dutch officials visited the offices of the National Health Authority (NHA) last week against the backdrop of plans by the Netherlands to roll out a digital genetic passport for Dutch citizens that aims to identify citizens by their susceptibility to hereditary diseases, an Indian official said.
28.08 / 16:43
Aviat US FAA names permanent aviation safety chief
(Reuters) — The Federal Aviation Administration on Monday said it was naming the acting head of aviation safety to the permanent job, as the United States grapples with a series of troubling air safety near-miss incidents.
28.08 / 16:29
COST Provident Coherent track country India’s draft policy on official statistics misses the mark
reliance on some kind of surveys, they do not eliminate their need in many other areas. Most large economies depend on detailed questionnaires sent to businesses to track changes in business activity and economic parameters. Adding these questions in regular administrative forms can raise compliance costs, especially for small firms.
28.08 / 16:29
COST Simulation country rock Lessons from our lunar landing go far beyond science
startups or resources for government projects or corporations, a mindset of thrift aids innovation. India’s lunar-landing success suggests that a frugal mindset is not at odds with high ambition. Learning from failure: The adage that “failure is a stepping stone to success" was in ample and direct display here.
28.08 / 15:53
Aviat Airlines Software show travelers Traffic Air-Traffic Control outage causes chaos for UK travelers; here's the latest
technical glitch led to a system outage, resulting in extensive flight delays and cancellations on a busy travel day. The National Air Traffic Services (NATS) swiftly responded to the situation and worked to restore normal operations after identifying and rectifying the issue that had affected the automated flight planning system. While the glitch disrupted the automatic processing of flight plans, manual input was necessary, causing a bottleneck in managing flight volumes. This disruption impacted major airports, including Heathrow and Gatwick, during a period of increased travel due to a national holiday and the end of the summer vacation season.
28.08 / 15:39
COST Highways show track social PM Gati Shakti: 100 infra projects worth Rs 5.89 lakh crore recommended for approval so far this fiscal
infrastructure projects of different ministries worth Rs 5.89 lakh crore have been recommended for approval under the PM Gati Shakti initiative so far this fiscal, a senior official said on Monday. These projects have been recommended by the Network Planning Group (NPG) constituted under the PM Gati Shakti initiative launched in October 2021. The NPG has achieved the milestone of appraising 100 projects in 54 meetings, Sumita Dawra, Special Secretary (Logistics), Department for Promotion of Industry and Internal Trade, said. The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location. The initiative was launched to develop an integrated infrastructure to reduce logistics costs.
28.08 / 15:31
UPS Enterprise NIFTY SENSEX Indian Monday trade: FIIs sell ₹1,393.25 crore in Indian market on August 28, DII invest ₹1,264.01 crore
₹1,393.25 crore. Domestic institutional investors (DIIs) continued their buying streak for the seventh session on Monday and bought shares for ₹1,264.01 crore. As per NSE data, on August 28, FIIs' buy value was at ₹10,235.41 crore and sell value at ₹11,628.66 crore -- resulting in an outflow of ₹1,393.25 crore.

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