Action Financial News

Punjab Kings (PBKS) gear up to take on the Rajasthan Royals (RR) in the 27th match of the IPL 2024 season. Scheduled to be held at the Maharaja Yadavindra Singh International Cricket Stadium in Mullanpur, this encounter promises an evening of thrilling cricket action. The match is set to commence on April 13th at 7:30 PM IST.

foreign portfolio investors’ (FPIs’) investment in Indian equities jumped to Rs 13,347 crore in April taking the total tally to Rs 24,240 in 2024 so far. After remaining net buyers in March and February, FPIs continued their buying activity in April, too. The net purchases in March stood at Rs 35,098 crore while it was Rs 1,539 crore in the previous month.

Bournvita from the category of ‘health drinks’, on their portal and platforms. “National Commission for Protection of Child Rights (NCPCR), a statutory body constituted under Section (3) of the Commission of Protection of Child Rights (CPCR) Act, 2005 after its inquiry under Section 14 of CRPC Act 2005 concluded that there is no ‘health drink’ defined under FSS Act 2006, rules and regulations submitted by FSSAI and Mondelez India Food Pvt Ltd,” said a notification from the ministry dated April 10. The advisory follows an inquiry by the NCPCR, which revealed that Bournvita contains sugar levels exceeding the acceptable limits.

ITC and Tata Consultancy Services (TCS) witnessed significant buying action in March from mutual funds, which bought shares worth Rs 7,700 crore in the former and Rs 5,700 crore in the latter, a Nuvama report suggested. Among the funds shopping for ITC were ICICI Prudential MF which topped the charts with a share purchase worth Rs 4,892 crore. It was followed by DSP MFs and Kotak MF which added shares worth Rs 432 crore and 377 crore, respectively. The other large additions included Aditya Birla Sun Life MF which bought shares worth Rs 306 crore while Axis MF bought ITC shares worth Rs 356 crore.

Miyan Chote Miyan', headlined by Akshay Kumar and Tiger Shroff, has grossed Rs 55.14 crore at the worldwide box office in two days, the makers said on Saturday. The Hindi-language action film, directed by Ali Abbas Zafar of «Sultan» and «Bharat» fame, was released in theatres on Thursday on the occasion of Eid. Production banner Pooja Entertainment, which has backed the movie in association with AAZ, shared the film's day one box numbers in a press note and also through a poster on its social media handles. "'Bade Miyan Chote Miyan' wins hearts, audience applaud action entertainer. Total collection hits Rs 55.14 cr gross worldwide," the studio said.

Amidst growing concerns about national security and infrastructure vulnerabilities, China’s role in the cryptocurrency sphere has become a focal point of discussion. 

Congress in Kerala on Saturday claimed that Chief Minister Pinarayi Vijayan was attacking the grand old party and Rahul Gandhi to hide his government's administrative failures and to help the BJP in the Lok Sabha polls in the state. Leader of Opposition in the state assembly V D Satheesan said that for the past more than 30 days, Vijayan has been reading out the same speech attacking the Congress and Gandhi, while avoiding the BJP and Prime Minister Narendra Modi. Satheesan said that the Congress has only one question to ask the Marxist veteran — «how will you defeat communalism and fascism at the national level without us?»

Sandeshkhali case in West Bengal, the NHRC has flagged «several instances of atrocities», saying it indicates that there was a «violation of human rights» due to «negligence» in the prevention of such incidents. The National Human Rights Commission (NHRC), in its report, also observed that the «pervasive fear of reprisal, coupled with the power dynamics at play, acted as a formidable barrier», preventing individuals from voicing their grievances. The rights panel has made several recommendations and sought an action taken report (ATR) within eight weeks on each of the recommendations made therein from the government of West Bengal, the NHRC said in a statement on Saturday. «The Commission's spot inquiry has revealed several instances of atrocities inflicted upon the victims, which clearly demonstrate, prima facie, that there was a violation of human rights due to negligence in the prevention of such violation or abatement thereof by the public servant,» it said.

Tamil Nadu, the Congress posed several questions to him on Saturday, asking why is he so eager to privatise the Salem Steel Plant and why the ruling BJP has not set up a single educational institute in the southern state. Congress general secretary Jairam Ramesh also asked Modi whether the All India Institute of Medical Sciences (AIIMS) in Madurai is merely a publicity stunt. «Today's questions for the PM as he heads to Tamil Nadu: AIIMS Madurai: Premier institute or publicity stunt? Why hasn't the BJP set up a single premier educational institute in TN? Why was the PM so eager to privatise Salem Steel Plant,» Ramesh asked in a post on X. Accusing the Bharatiya Janata Party (BJP) of giving «jumlas» (rhetoric), he said the saffron party proudly announced the establishment of the AIIMS, Madurai in the 2015-16 Union budget and for four years since the announcement, no action was taken.

Stop and Reverse (SAR) indicator is a powerful tool used by traders to identify potential trend reversals in the price movements of MCX gold and silver contracts. Unlike traditional indicators that follow price trends, the SAR indicator is unique in that it dynamically adjusts its position relative to price, making it particularly effective in spotting changes in market direction. In this article, we'll explore how traders can use the Parabolic SAR indicator to identify trend reversals and execute entry and exit setups in MCX Gold and Silver trading. Understanding the Parabolic SAR Indicator

Buy or sell stocks: After showing a range-bound action on Wednesday, the Indian stock market slipped into a sharp weakness zone and ended lower on Friday. The Nifty 50 index nosedived 234 points and closed at a 22,519 level, the BSE Sensex crashed 793 points and finished at the 74,244 mark, and the Bank Nifty index corrected 422 points and ended at 48,564 level. In the broad market, the small-cap index dipped 0.60 percent whereas the mid-cap index went down 0.49 percent.

Kerala to channel their compassion and rally together to raise an astounding ₹34 crore to save a man from the state from the gallows in Saudi Arabia. In a display of solidarity, people in Kerala have come together to save Abdul Rahim, who hails from Kozhikode, whose only chance to live is to pay the blood money of 15 million Saudi Riyals which comes to around ₹34 crore, before April 18, 2024. Until five days ago, the action committee, formed to work for the release of Rahim, could raise only a meagre amount but as the deadline neared, the campaign was intensified and help poured in from Kerala people from across the world, the action committee formed to help Rahim, said on Friday.

AI) chips to China's military modernization efforts. This move comes as part of the US government's efforts to prevent sensitive American technology from being used for military purposes in China. The blacklisted companies, including Linkzol (Beijing) Technology Co, Xi'an Like Innovative Information Technology Co, Beijing Anwise Technology Co, and SITONHOLY (Tianjin) Co, were among 11 additions to the Commerce Department Entity List this week. Being placed on this list makes it significantly challenging for these companies to access American goods and technology.

Mahendragarh that claimed the lives of six children and left at least 20 others injured. Speculations arose on how the authorities did not take notes which led to such a situation. State Education Minister Seema Trikha, while visiting the injured students in hospitals, issued a show-cause notice to the private school, questioning why it remained open on Thursday, a designated holiday for Eid.

Chair of the future - The role of the Chair in climate transition, shared exclusively with Mint, explored the insights of company leadership on climate change, its integration with business strategies, and the potential role of the boards of directors. The participating companies comprised some of the largest public and private Indian corporations, as well as multinationals from sectors including banking, financial services, and insurance, oil and gas, fast-moving consumer goods, and industrial products.

Mumbai: What’s holding back India’s central bank from cutting policy rates? Apart from the pace of price rise that is yet to align with Reserve Bank of India’s (RBI) target of 4%, there is another factor at play — transmission of past repo rate actions into lending rates. The monetary policy committee (MPC) of RBI raised the repo rate by 250 basis points (bps) between May 2022 and February 2023.

Vijay on Thursday announced his upcoming feature film «The Greatest of All Time» will be released in theatres worldwide on September 5. The sci-fi action movie is directed by Venkat Prabhu and produced by Archana Kalpathi of AGS Entertainment. Vijay, who plays a double role in the movie, shared a new poster of the movie on his official X page. The poster mentioned the film's release date as 'September Fifth'. «The Greatest of All Time» will also feature actors Prashanth, Prabhudheva, Sneha, Laila, Meenakshi Chaudhary, Mohan, Jayaram, Ajmal Ameer and Yogi Babu in pivotal roles.

Shahid Kapoor says actors playing aggressive characters today are criticised when in the past, they would become superstars for doing such roles. Shahid, who most recently appeared in romantic comedy «Teri Baaton Mein Aisa Uljha Jiya», believes a distinction should be made between an actor's performance and the actions of a character. «This whole thing of 'yeh aisa, woh waisa hai', I think it's very extreme. Over many generations, there have been actors who've done characters that could be deemed aggressive but they are called superstars or legends. Now, suddenly, it's very critical,» Kapoor told PTI in an interview. «I feel if something is done well and if the emotion is coming through (to) the audience, we should be respectful of that. You can like it or dislike but the quality of the performance and traits of the character should not be confused,» he added.

By Dan Kelly

The SEC has reached settlements with five investment advisory firms, which will pay a collective $200,000 in penalties, after a targeted sweep discovered practices that breached its marketing rule.

NEW DELHI : India on Friday issued an advisory, warning its citizens against travelling to Iran and Israel due to escalating tensions between the two West Asian nations. “In view of the prevailing situation in the region, all Indians are advised not to travel to Iran or Israel till further notice. All those who are currently residing in Iran or Israel are requested to get in touch with Indian embassies there and register themselves.