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Last week, the economics division at the ministry of finance in India invited Professor Mike Hulme at the University of Cambridge to share his views on climate change. In 2007, he received a personalized certificate from the Intergovernmental Panel on Climate Change (IPCC), recognising his contribution to the (joint) award of the 2007 Nobel Peace Prize to the IPCC. His recent work, Climate Change Isn’t Everything piqued my interest, and I read it.

Vidya Bala, Co-Founder, PrimeInvestor.in, says “in terms of sectors, we are looking more keenly in sectors like consumption in pockets, not the traditional FMCG but more some of the discretionary spending spaces. We are also looking at the banking and financial space which did not participate last year. Three key factors – credit, e-commerce and social media enablers – will democratise purchasing power and with that, players like Jio Finance are very well placed to capitalise with the kind of obvious breadth that they have. You could call these dark horse bets. But again, in a market that is brimming with confidence, it is very hard to say otherwise. A corrective phase is when you sit back and decide whether you can handle these kinds of stocks.” What is your market outlook? Where are you investing right now? Vidya Bala: At this point in time, we would call ourselves being cautiously optimistic.

stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It's a sharp comedown since nearing $80 after the owner of Truth Social merged with a shell company to get its stock trading on the Nasdaq under the symbol «DJT,» for Trump's initials.

markets succumbed to geopolitical concerns on Monday as indices remained under pressure throughout the session. Analysts said weakness was on account of the Iranian attack on Israel, persistent concerns over higher-for-longer US interest rates. «We expect domestic markets to witness near-term headwinds amid rising volatility. With the start of result season and poll promises by several political parties, we may continue to see sector & stock-specific action,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

WASHINGTON—The Supreme Court for years has been making it more challenging for prosecutors to bring corruption cases against public officials, guided by the belief that some of the dealmaking and fundraising in the political realm is unseemly but not illegal. A new batch of cases making their way through the courts shows that where to draw the line remains in flux. In New York, a U.S.

the finance ministry’s estimates, annual payment totals for 2024/25 for a family of four are $1,800 in Alberta, $1,200 in Manitoba, $1,120 in Ontario, $1,504 in Saskatchewan, $760 in New Brunswick, $824 in Nova Scotia, $880 in Prince Edward Island and $1,192 in Newfoundland and Labrador.The top-up for rural residents remains at 10 per cent for now, as the amendment to increase that top-up to 20 per cent has not yet passed the House of Commons.

Congress MLA in Madhya Pradesh's Chhindwara district after receiving a complaint of hoarding of cash and liquor but no such recovery was made, an official said on Monday. The opposition Congress, including state unit chief Jitu Patwari and senior leader Kamal Nath, termed it as harassment of its tribal MLA Nilesh Uikey through misuse of power by the BJP government. Superintendent of Police Manoj Khatri said following a complaint about hoarding of cash and liquor, a team of police and excise department personnel searched several places in Rajola Raiyat village on Sunday evening. But, the team returned after not finding anything at those places, he said.

Narendra Modi has accused the opposition parties of «spreading lies» over the electoral bonds scheme, which has been struck down by the Supreme Court, and said «everyone will regret it when there is an honest reflection». In an interview with ANI, PM Modi said the electoral bonds scheme was aimed at curbing black money in elections and said the opposition wants to run away after making allegations. He said of the 16 companies who gave donations after action by probe agencies, only 37 per cent of the amount went to the BJP and 63 per cent to opposition parties opposed to the BJP.

Modi said that the maximum number of cases registered by the Enforcement Directorate are against those persons and entities who have no connection with politics. In an interview with ANI, Prime Minister Modi said that honest person has nothing to fear about but those involved in corruption has «Paap ka dar» (fear of sin). «How many opposition leaders are in jail? No one tells me. And is this the same opposition leader… who used to run their government? There is fear of sin (paap ka dar hai). What fear does an honest person have? They had put my Home Minister in Jail when I was Chief Minister. The country should understand that political leaders are involved in only 3 per cent of the ED cases and 97 per cent of cases are registered against the ones who do not belong to the politics,» Prime Minister said.

The European Union and UK have been world leaders for implementing policy to promote clean energy technologies, but their crown is starting to slip.

Donald Trump, the main opponent of US President Joe Biden in the upcoming elections due later this year. The slogans grew louder at Schnecksville in Pennsylvania amid the escalation in West Asia conflict after Iranian drones and missiles were launched on Israel. Trump, while addressing the public, said, “They are not wrong.

Enforcement Directorate after arrested Delhi Chief Minister Arvind Kejriwal moved the apex court seeking relief in the ongoing money laundering probe in the excise policy case. SC bench comprising Justices Sanjiv Khanna and Dipankar Datta served ED the notice in his plea challengin the Delhi High Court's decision upholding his arrest in the matter. The ED has been asked to file a reply to Kejriwal's plea by April 24. The plea has been posted for hearing in the week commencing April 29.

Strait of Hormuz on Saturday. Amir-Abdollahian conveyed this to External Affairs Minister S Jaishankar during a telephonic conversation on Sunday, according to an Iranian readout. In the talks, Jaishankar called for release of the Indians onboard Portuguese-flagged cargo vessel MSC Aries.

NFRA), the regulatory body overseeing auditors and audit firms for listed and large companies, has taken action against Pathak HD & Associates (PHD), the joint auditor for Reliance Capital, formerly an Anil Ambani group company, along with its two auditors. This move comes in response to multiple failures highlighted by the resigning auditor, Price Waterhouse (PW), which also flagged suspected fraud amounting to Rs 12,571 crore by the company. Reliance Capital recently underwent a change in ownership, being taken over by the Hindujas after significant concessions by lenders. This development follows the Reserve Bank of India's decision in November 2021 to replace the board of the Anil Ambani Group company due to governance concerns and defaults in payments.

Supreme Court and high courts penned a letter to the Chief Justice of India, expressing deep concerns over what they perceive as mounting efforts to erode the credibility and independence of the judiciary. In their missive, the retired justices address the «escalating attempts by certain factions to undermine the judiciary through calculated pressure, misinformation, and public disparagement,» highlighting the gravity of the situation at hand. «These critics are motivated by narrow political interests and personal gains and are striving to erode public confidence in the judicial system,» they said. Though the retired judges, including four from the Supreme Court, did not specify the incidents which prompted them to write to the CJI, their letter came amid a war of words between the ruling BJP and opposition parties over the actions against some opposition leaders in corruption cases.

American aircraft and planes downed dozens of drones and missiles when Iran launched the attack on Saturday, after Tehran repeatedly threatened to hit back in response to an Israeli strike on its consulate in Damascus that killed two top officers at the beginning of the month. Senior US officials detailed the role Washington played — both militarily and diplomatically — in countering the attack:

Kshatriya community in Gujarat has renewed its demand for the removal of Union Minister Parshottam Rupala as the Bharatiya Janata Party's candidate for the Rajkot Lok Sabha seat. The community, also known as Rajputs, expressed its resolve to escalate protests in the coming days. Protest and Demands A public meeting held in Ratanpur village in Gujarat's Rajkot district saw community members demanding Rupala's withdrawal as the BJP's candidate. Ramjubha Jadeja, a core committee member, stated, «We are firm on our demand for withdrawal of Rupala’s candidature.» The community has objected to Rupala's candidacy following remarks they found derogatory towards their heritage and women.

shooting incident that took place on the city's South side when everybody was standing outside a family gathering on Saturday night, said police. The cop stated that an 8-year-old girl was fatally shot, while a 1-year-old and a 8-year-old boy were shot multiple times in what Chicago police believe was gang-related violence. Speaking to media persons, Department Deputy Chief Don Jerome said the shooting happened when the offenders fired at a crowd standing outside a family gathering around 9 pm on Saturday.

Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey and the TMC leader wasn't even present in the chopper. To fulfil its mandate of coordinating with law enforcement agencies to ensure free and fair elections, a team of the income tax department was sent in «a routine manner» to collect information of the arrival of a helicopter at Behala Flying Club from Malda in West Bengal at around 1300 hrs on Sunday, the sources in the department said. The information of the arrival of the helicopter was received from the Air Traffic Control, they said adding that after collection of the required information, the officials of the department left the place. The helicopter, they said, was carrying two security personnel only.

Angel tax, taxation of Employee Stock Option Plans and bank guarantee commitments in tenders in the upcoming budget to be presented after the general elections. Further, the Centre is gearing up for a new World Bank assessment framework called Business Ready (B-READY), which would assess countries on everything from the start to the closure of a business. «There are four or five elements which they (startups) are a little concerned about. Mainly these are on issues like Angel tax, TDS ( tax deducted at source) there is some software related issue, on ESOP… getting into some kind of double taxation,» DPIIT secretary Rajesh Kumar Singh told ET in an interview.

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