Action Financial News

Income Tax department conducted searches against a distillery group based in Odisha recently, the CBDT said on Thursday. The business of the group is controlled by a family based in Ranchi in Jharkhand and one of the family members is a «politically exposed person», the Board said in a statement, without taking any name.

As DEX-launched tokens continue to mount seismic rallies, CHEEBS and AVAXINU have mounted the latest 150x rallies overnight, and now traders are gravitating to this latest meme coin as the next potential skyrocket.

The rally in US stocks is showing signs of fatigue, and investors should be ready to buy into any declines, according to Citigroup Inc. strategists.

Today was one of those days where I was waiting (and waiting) for the profit-taking to kick in, but by the time sellers made their appearance I had reached my loss limit for the day and so that, was that.

Sony Sports Network has appointed Bollywood’s Gen Z superstar and youth icon Kartik Aaryan as their brand ambassador for football. During his partnership with Sony Sports Network, Kartik will be seen promoting LIVE football action on Sony Sports Network around the year with 900+ matches from marquee football tournaments and leagues, which include UEFA EURO 2024, UEFA Champions League, UEFA Europa League, UEFA Conference League, UEFA Nations League, Bundesliga, Emirates FA Cup, Durand Cup, and Roshn Saudi League, amongst others. Kartik Aaryan, who has enthralled audiences with stellar performances on the silver screen, is also known for his enthusiasm and fandom for the game of football. His love for the game began at an early age, and he is a dedicated Real Madrid fan, the most successful club in the history of the UEFA Champions League. Rajesh Kaul, Chief Revenue Officer of distribution and international Business, and Head of Sports Business, at Sony Pictures Networks India, said: “It gives us immense pleasure to announce Kartik Aaryan as the Brand Ambassador of football on Sony Sports Network.

Nawaz Sharif has praised India and acknowledged that while neighboring countries have made great strides, Pakistan has lagged behind. Speaking to PML-N cadres in Islamabad, Sharif highlighted the dire economic situation in Pakistan. The 73-year-old PML-N leader, who returned to the country from London in October ending a four-year-long self-imposed exile, who is running for Prime Minister a fourth time. He is the only Pakistani politician who became the prime minister of the coup-prone country for a record three times. «Our neighbours have reached the moon but we haven't even risen from the ground so far. It can't keep going on like this,» Sharif said. «We have been responsible for our own downfall, otherwise this nation would have reached a different place. We shot ourselves in our foot,» he added.

Amitabh Mohanty, MD and CEO of JM Financial Asset Management Ltd. In an interview with Mint, Mohanty shared his views on the Indian market and mid and small-cap space. Edited excerpts: It may not necessarily be a simple vote on account.

The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms. 

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Cochin Shipyard Ltd, part of the shipbuilding space, has rallied by about 20% in a month which helped the stock to breakout from a rounding bottom pattern on the daily charts. The breakout has opened room for the stock to head above 1500 levels in the next 3-4 months, suggest experts. The stock rose from Rs 1081 as on 17th November 2023 to Rs 1307 recorded on 19 December 2023 which translates into an upside of over 20% in a month. The stock hit a record high of Rs 1337 on 19 December. The stock faced resistance above 1200 levels in September 2023 and it failed to hold on to the momentum.

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PTI has reported. SRK-starrer ‘Dunki’, presented by JIO Studios, Red Chillies Entertainment and Rajkumar Hirani Films, will hit the screens today i.e. on 21 December, a day before Hombale Films' ‘Salaar’.

Awinter bloom of mauve wildflowers is not there in my childhood memories. On one of those very paths, she strode ahead, leading me. The dog pranced around, with the full river on the right and the dazzling brush on the left bordering the dense tree-line.

MPs from Parliament, Congress leader Sachin Pilot hit out at the BJP and asked if the opposition did not have the right to put forward its view. «The issue is that they are suspending the MPs. They are making different headlines...Does the Opposition not have the right to put forward its view? This action is inappropriate,» Sachin Pilot told reporters.

«Overall, we remain positive on the market and expect recovery after a pause supported by global macros along with interest rates peaking out and healthy domestic macros,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS

Dwayne Johnson's "Red One" is scheduled to make its global theatrical debut on November 15, 2024. The enigmatic Christmas film is produced by Seven Bucks Productions and penned by screenwriter Chris Morgan. Crafted as an epic holiday action comedy under the Amazon MGM Studios banner, «Red One» is based on an original storyline conceptualized by Hiram Garcia, the President of Production at Seven Bucks Productions. The movie is directed by Jake Kasdan, with Morgan contributing to the script.

Nestle, ITC, Parle Products, LT Foods and Coca-Cola are racing to embrace real-time data exchange and demand forecasting to avert potential stock-outs at online platforms like Zomato-owned Blinkit, Swiggy Instamart, BigBasket's BBNow and Zepto. «Unless you don't do stock replenishment at quick commerce in real time, you are missing out on opportunities. We are working on forecasting demand based on sales trends, even if quick commerce platforms are doing their own forecasting to ensure we can turn around stocks within hours at the dark stores,» said Mayank Shah, senior category head at biscuit and confectionery maker Parle Products. Quick-commerce platforms, or those which deliver to consumers within 10-20 minutes, contribute 30-50% of overall e-commerce sales of FMCG companies, drawn to their promise of rapid delivery.

Joe Biden said Wednesday that Donald Trump had clearly backed an insurrection after Colorado's top court blocked the Republican from seeking a second term over the 2021 Capitol assault. "I'll let the court make that decision. But he certainly supported an insurrection.

NEW DELHI : Shah Rukh Khan’s Dunki and Prabhas’ Telugu film Salaar are gearing up for a box office clash this weekend during the Christmas holidays. While this may spark a screen tussle in select markets, theatres across India expect to end the year on a high note considering that the two films target different demographics.

RBI) cautioned against the evergreening of loans. In its supervisory role, RBI had noticed innovative methods adopted by certain banks to conceal the true stressed nature of loans. For instance, two banks might get into an arrangement of sale and buyback of troubled loans from each other to erase the history of a stressed loan and start afresh.