2020 Financial News

Indian Railways has loaded 128.29 million tonnes (MT) freight during April 2024. This is 1.46% higher than the 126.45 MT freight loading for April 2023. With this, the national transporter has clocked the 55th straight month of highest ever freight loading, beginning October 2020. Freight revenue earnings during the month under review stood at Rs 14,075.14 crore, up from Rs 13,893.27 crore in April 2023. Railways loaded of 57.64 MT in Coal, 14.88 MT in Iron Ore, 5.24 MT in Pig Iron and Finished Steel, 6.79 MT in Cement, 4.75 MT in Clinker, 3.85 MT in Foodgrains, 4.01 MT in Fertilizers, 4.16 MT in Mineral Oil, 6.57 MT in Containers and 9.54 MT in Balance Other Goods during April 2024. For the full fiscal ending March 2024, Indian Railways loaded 1591 MT freight up from 1512 MT in the preceding fiscal. Records of railway electrification, new lines, and track replacement were also made during the fiscal 2023-24. Within goods loading, the Railways ferried 787.61 MT of Coal, 180.95 MT of Iron ore, 153.80 MT of Cement, and 114.36 MT as Balance Other Goods for the full fiscal 2023-24.

Donald Trump referred to President Joe Biden’s administration as a “Gestapo administration," marking another instance in which Trump referred to Nazi Germany in his campaign rhetoric. The comments were made to Republican donors and reported by attendees who chose to remain anonymous.

Bodoland People's Front (BPF). Both parties are claiming their pre-eminent role in fostering stability in this once-troubled region. BJP has left the Kokrajhar (ST) seat for its ally UPPL. UPPL has fielded Joyanta Basumatary, an MLA from Sidli assembly constituency and a former vice-president of the All-Bodo Students' Union. BPF has fielded Kampa Borgoyary. BPF was in power in Bodoland Territorial Council, a sixth schedule area since its formation in 2005, before being ousted by UPPL in 2020. BPF maintains equidistance from Congress and BJP but coordinates with BJP in state assembly.

NewsX. The prime minister’s last term had been beneficial for the people of the country. It aided people and provided them with employment opportunities leading to several developments in the country without any descrimination towards people, said NewsX report citing Ansari.

Tiwari, the first wife of the sitting MP from North East Delhi. She is also a singer and songwriter. Manoj Tiwari leader married his first wife Rani Tiwari in 1999.

Colombia has become the latest Latin American country to announce it will break diplomatic relations with Israel over its military campaign in Gaza

The chief of staff of a Chinese businessman sought by the government of China has pleaded guilty to conspiracy charges weeks before her boss goes to trial in New York in a fraud case

Indian Embassy here has held its first interactive session with the Indian students who suffered the most during the three-year COVID-19 period following China's visa bans prolonging their academic periods for several years. Around 80 old and new students from more than 13 Chinese universities took part in the «welcome and interaction ceremony» held on May 4. Indian Ambassador to China Pradeep Kumar Rawat, and Counsellor Nitinjeet Singh interacted with the students and heard their grievances and experiences during Saturday's meeting.

game show "Who Wants to Be a Millionaire" for its 25th-anniversary celebration, set to premiere on July 10. This revival marks a nostalgic return for fans who have cherished the show since its debut on August 16, 1999.

JSW Neo Energy and Sekura Energy are among five bidders that have made non-binding offers to acquire a controlling stake in Ayana Renewable Power, majority owned by National Investment and Infrastructure Fund (NIIF), according to people aware of the matter. The offers were submitted on April 19. The others in the fray include Masdar, Sembcorp and Macquarie, according to the people cited. The bids were submitted after allowing time to the suitors to conduct a limited due diligence that included access to some data and confidential financial information. As the next step, NIIF will communicate a shortlist of suitors over the next few weeks after which two or at best three will be allowed to conduct detailed due diligence, according to the sources.

As target date funds continue to gain popularity in 401(k) plans, the Government Accountability Office is urging the DOL to update its guidance on the retirement investment options.

Lipulekh, Limpiyadhura and Kalapani, already termed as «artificial enlargement» and «untenable» by India. «The meeting of the council of ministers chaired by Prime Minister Pushpakamal Dahal 'Prachanda' took a decision to print the new map of Nepal, which includes the Lipulekh, Limpiyadhura and Kalapani in the Rs 100 denomination bank notes,» government spokesperson Rekha Sharma told media persons while briefing about the cabinet decision. «The cabinet approved to re-design the banknote of Rs 100 and replace the old map printed in the background of the bank note during the cabinet meetings held on April 25 and May 2,» Sharma, who is also the Minister for Information and Communication, added.

Sebi) on Friday altered the rules to ease the digital onboarding process for clients of portfolio managers. Sebi had constituted various working groups to recommend measures to simplify and ease compliances. As part of these efforts, a working group was made to review the present regulatory framework under Sebi (portfolio managers) regulations, 2020 and recommend measures to promote ease of doing business for portfolio managers.

Sprayking has given exceptional returns to its investors in the last 4 years. The stock has skyrocketed around 3,092 percent from ₹1.59 in April 2020 to currently trade at its record high ₹50.75. Meanwhile, the stock has also given multibagger returns, almost 132 percent in the last 1 year.

Bank of Baroda, Varun Beverages, Lupin, and PNC Infratech are among the 16 stocks, across segments, that brokerage firm Axis Securities is positive about for the short term. These 16 stocks are the top picks of Axis Securities for the month of May and the brokerage firm expects them to rise in the range of 10-31 per cent.

Paragraph, a web3 publishing startup, has secured $5 million and taken over the blogging platform Mirror.

Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business

Taarak Mehta Ka Ooltah Chashmah' actor Gurucharan Singh, who has been missing for almost two weeks, is suspected to have orchestrated his own disappearance, according to reports. The Delhi Police are actively investigating this perplexing case. The disappearance saga began on the evening of April 22 when Gurucharan Singh, known for his role as Roshan Singh Sodhi on the popular show, was expected to board a flight from Delhi to Mumbai but never did. His father raised concerns and filed a missing person report, stating that Gurucharan had left for Mumbai on April 22 at 8:30 pm but never reached his destination nor returned home, and his phone was unreachable.

The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation

Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset

A man charged with killing a St. Louis police officer in 2020 has been found guilty of murder