Action Financial News
10.01 / 05:31
markets
Provident
Target
Action
trends
reports
Updates
Housing demand trend to stay intact, says Jefferies; downgrades Prestige, Sobha, upgrades Mindspace REIT
Also Read: Delta Corp shares plunge 5% after weak Q3 FY24 earnings “Also, the government reintroducing the interest subvention scheme (guidelines likely in Feb24 budget) could provide a trigger. We expect some demand to shift to mid-end or affordable in 2024," Jefferies said in a report. The brokerage noted that inventory was at cycle lows at 17-months supply, which should keep pricing strong (10% gains) in 2024.
09.01 / 22:10
UPS
Target
FIVE
Waters
Action
Sustainability
Governments should nudge us towards sustainable lifestyles
If there’s a month dedicated to self-betterment, it’s January. The gyms are full, the pubs are empty, and green juices are flying off the shelves. Even with the best of intentions, the vast majority of New Year’s resolutions don’t last very long.
09.01 / 20:08
Provident
Digital
Extreme
Platform
Action
Simulation
Features
Best Joysticks in India for Ultimate Gaming and Control
These sticks are certain to elevate your gaming experience, whether you're a beginner or a passionate gamer, propelling you to a professional gaming level with their special features. All these sticks promise precision, durability, and ergonomic design, catering to diverse gaming preferences. Let's explore the world of superior gaming and upgrade your playtime.
09.01 / 17:43
UPS
Career
Action
Analysis
2020
Videos
Hardik Pandya's recovery from injury concerns ex-SA pacer Allan Donald, says 'he puts his body..'
ALSO READ: Suryakumar Yadav to miss IPL 2024? India's injury woes continue as SKY, Mohammed Shami's recovery stretches longer Looking at the records, this is most likely to be Hardik's second serious injury in his career after September 2020. Following his previous injury, he had to miss the tournaments for almost a year. But when he returned, he was stronger, and with a rejuvenated back and energy.
09.01 / 17:37
markets
UPS
Action
Inside
Assam police confiscate drugs worth over ₹100 crore, biggest haul in state
₹100 crore in what can be called the state's biggest-ever drug haul on Tuesday. The police also arrested four drug peddlers in Karimganj district. The joint operation was carried out by the special task force of Assam police and Karimganj district police.
09.01 / 16:42
Provident
Action
Experts
information
Investigations
International
NFRA bans 2 entities for professional misconduct in Seya Industries matter
Seya Industries Ltd. Anil Chauhan and his audit firm Anil Chauhan & Associates have been barred for 10 years from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate, according to an order issued on January 5. Chauhan is the proprietor of audit firm Anil Chauhan & Associates and the Engagement Partner (EP) for the statutory audit of Seya Industries for financial years 2018-19 and 2019-20.
09.01 / 16:25
Action
wellness
Can NRIs execute a tenancy agreement through SPAs?
—Name withheld on request As an owner of immovable properties, an NRI is allowed to enter into an agreement either on rental basis or sell the properties on such terms and conditions as may be agreed between the seller and the purchaser subject to provisions of the applicable laws. The NRI can execute a SPA in favour of the attorney based in India and where the immovable properties are located, empowering the constituted attorney to execute the agreement with proposed tenant, licensee or purchaser (as the case may be) along with various other incidental powers to execute and register the deed.
09.01 / 13:18
CEO
Action
Death
composer
track
travelers
Department
Bloodstains, quick-witted cab driver key in CEO Suchana Seth's arrest for son's murder
Suchana Seth, CEO of a Bengaluru-based tech startup, has brought to light a harrowing tale of maternal distress and a tragic loss. The distressing events, involving the untimely death of her four-year-old son, unfolded in a series of alarming discoveries, where the quick thinking of hotel staff and a composed cab driver played pivotal roles in uncovering the truth. Seth, aged 39, checked into a service apartment in Candolim, Goa, accompanied by her son.
09.01 / 08:05
09.01 / 05:48
Action
security
information
reports
evacuation
Leak
Dehradun chlorine gas leak: People evacuated to safe places after gas leak reported in Jhanjra
chlorine gas leak was reported in Jhanjra area of Dehradun on Tuesday, people were evacuated as they complained of breathlessness. A senior police official told news agency ANI that the residents were sent to safe places and also informed that there was no report of any casualties. National Disaster Response Force (NDRF) and other security forces rushed to the spot soon after receiving complain, ANI reported citing Senior Superintendent of Police (SSP) Dehradun, Ajay Singh. «On receiving information about people facing difficulty in breathing due to leakage in the chlorine cylinder kept in the empty plot in the Jhanjra area of Prem Nagar police station in Dehradun, Police, NDRF, SDRF and fire team reached the spot and are taking action for safe disposal,» Singh said.
09.01 / 04:20
09.01 / 01:24
Action
Entertainment
pandemic
President
Warner Bros
Justice
reports
Videos
Suicide Squad: Kill the Justice League release date announced officially. Details here
Suicide Squad: Kill the Justice League" video game will be launched on February 2 by Warner Bros. Games. Warner Bros. Interactive Entertainment president David Haddad has called the game 'ambitious' projects, according to a report by Variety. «Suicide Squad: Kill the Justice League» will be a free-to-play brawler video game 'MultiVersus'. In this video game, characters owned by Warner Bros will battle it out, as per the report.
09.01 / 01:17
markets
Booking
Action
Research
Trade
Experts
country
D-Street plays safe ahead of results, macro data
stock benchmarks dropped close to 1% on Monday as investors cut their bets ahead of the start of the third-quarter corporate results season this week. The market was also cautious in the run-up to the December US consumer inflation data scheduled on January 11, after the country's jobs data for the month turned out to be stronger than expected. These economic readings could be some of the key factors determining the US Federal Reserve's upcoming monetary policy actions. BSE's Sensex dropped 670.93 points or 0.93% to close at 71,355.22.
08.01 / 21:46
COST
UPS
Action
Food
2020
patient
Pharmaceuticals
Canada issues warning as Florida plan to import drugs raises fears
Health Canada on Monday emphasized its commitment to taking swift action to “safeguard” the country’s prescription drug supply after a U.S. ruling that could see certain drugs imported south of the border from Canada.The warning comes days after the U.S.
08.01 / 20:07
UPS
BLOCK
Action
Highways
country
prevention
Traffic
German farmers block roads with tractors and stage protests against plan to scrap diesel tax breaks
Farmers are blocking highway access roads in parts of Germany and snarling traffic elsewhere, launching a week of protests against a government plan to scrap tax breaks on diesel used in agriculture
08.01 / 16:17
FIVE
Cooper
Aware
Action
RBI imposes monetary penalty on five co-operative banks. Details here
Reserve Bank of India (RBI) has imposed monetary penalties on five co-operative banks for deficiencies in regulatory compliance. The co-operative banks that faced the central bank's action are Navsarjan Industrial Co-operative Bank Ltd, Mehsana Jilla Panchayat Karmachari Co-operative Bank Ltd, Halol Urban Co-operative Bank Ltd, Stambhadri Co-operative Urban Bank Ltd and Subramanianagar Co-operative Urban Bank Ltd.
08.01 / 16:16
UPS
IPO
CEO
Action
security
information
Bajaj Auto board gives nod for ₹4,000 crore share buyback at ₹10,000 per share
₹4,000 crore, with shares priced at ₹10,000 each, on January 8,. This represents a premium of 43 percent compared to the last closing price.
08.01 / 15:28
markets
Action
Strategy
country
guidelines
Traffic
India embarks on Rs 45,000 crore inland waterway development plan
cruise vessels and another Rs 10,000 crores for development of cruise terminal infrastructure by 2047. These measures are expected to result in a four times growth the cargo volume to 500 million tonnes per annum (MTPA) by 2047. IWDC is the apex advisory body for the development of the inland waterway sector in the country.
08.01 / 13:26
Aware
Action
show
reports
compliance
RBI levies Rs 7 lakh penalty on Navsarjan Industrial Co-operative Bank for non-compliance
Reserve Bank of India (RBI) has taken an action against Navsarjan Industrial Co-operative Bank Ltd., situated in Ankleshwar, District Bharuch, Gujarat, by imposing a monetary penalty of Rs 7.00 lakh. According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's non-compliance with RBI directives on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs),' 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016,' and the contravention of 'Section 26A (2) read with Section 56 of the Banking Regulation Act, 1949 (BR Act).' The penalty is a result of the powers conferred on RBI under the provisions of Section 47A(1)© read with Sections 46(4)(i) and 56 of the BR Act. It is crucial to note that this measure is centred around deficiencies in regulatory compliance and does not pass judgment on the validity of any transactions or agreements entered into by the bank with its customers. The background leading to this penalty involves the statutory inspection of the bank conducted by RBI concerning its financial position as of March 31, 2022. Examination of the Inspection Report, Risk Assessment Report, and all related correspondence revealed multiple issues, including a breach of inter-bank gross and counterparty exposure limits, failure to conduct a review of risk categorization of accounts as per prescribed periodicity, and not transferring the eligible amount to the Depositor Education and Awareness Fund. In response to these findings, RBI issued a notice to the bank, instructing it to show cause as to why a penalty should not be imposed for the failure to comply with the mentioned directions and provisions of the BR Act. Follow
08.01 / 13:24
UPS
Action
Sustainability
Trade
guidelines
Traffic
Govt announces ₹45000 crore investment to develop river cruise tourism
₹45,000 crore investment to develop river cruise tourism, aiming to leverage India's inland waterways for economic growth. This investment includes ₹35,000 crore for cruise vessels and ₹10,000 crore for cruise terminal infrastructure by 2047, the ministry said in a statement. The decision, aimed at transforming India's inland waterways into dynamic commercial channels, was taken at the inaugural Inland Waterways Development Council (IWDC) meeting in Kolkata.
08.01 / 11:31
markets
Action
wellness
performer
Nasdaq, Russell 2000 Poised to Bounce Higher; S&P 500 Faces Resistance at 20 DMA
Markets managed to hold on to early lows without the selling pressure from earlier last week.
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