Action Financial News
19.11 / 11:49
Provident
Cooper
Action
Bill
President
cover
Department
SC to hear on Monday pleas of TN, Kerala governments on 'delay' by governors in giving assent to bills
Tamil Nadu and Kerala governments, alleging a delay by the respective state governors in giving assent to bills passed by the assemblies. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra is scheduled to hear the pleas.
19.11 / 11:01
LGBT
Action
economy
Healthcare
love
Experts
show
Ahead of Market: 10 things that will decide D-Street action on Monday
Stocks of IT companies, which earn a significant share of their revenue from the US, climbed 5.07%, their best week in 16 months. Here's how analysts read the market pulse: «Considering the sharp rise in the previous couple of trading sessions and the Nifty reaching crucial resistance levels, short-term consolidation is likely. On the downside, 19,630 – 19,600 is the crucial support zone to watch out for and in case of a dip this zone is crucial to hold on for the uptrend to continue,» said Jatin Gedia of Sharekhan. Rupak De, LKP Securities said, «Nifty has largely traded within a range, showing a predominantly bullish sentiment.
19.11 / 09:29
FIVE
Action
Fighting
reports
‘US will continue to work hard’, White House dismisses reports of Israel-Hamas deal to free hostages in Gaza
Israel and Hamas that would potentially free dozens of women and children held hostage in Gaza in exchange for a five-day pause in fighting. “We have not reached a deal yet, but we continue to work hard to get to a deal," the White House National Security Council spokesperson said.
19.11 / 09:29
IPO
Action
Remark
reports
valuation
surges
Market valuation of top 7 firms surges ₹1.50 lakh crore, big gains by TCS & Infosys
market valuation of seven out of the top 10 valued firms witnessed a significant increase of ₹1,50,679.28 crore (or ₹1.50 lakh crore) in the past week, PTI reported. This surge was primarily led by IT giants Tata Consultancy Services (TCS) and Infosys, amidst a generally positive trend in equities, it added.
19.11 / 09:29
Digital
Action
economy
Remark
Moodys
country
reports
India's GDP crosses $4 trillion for the first time, ranks fourth worldwide
economy goal. There is a “wide consensus" supported by economic forecasts that real gross domestic product (GDP) growth in the second quarter will turn out to be better than the Reserve Bank of India’s (RBI) projection of 6.5 percent, an article in the central bank’s November bulletin said on November 16. India’s economy expanded 7.8 percent in the first three months of the financial year and RBI governor Shaktikanta Das recently expressed confidence in the domestic economy.
19.11 / 08:19
BLOCK
Digital
Action
electronic
reports
FinMin asks PSU banks to take measures to strengthen cybersecurity
Finance Ministry has asked state-owned banks to review systems and processes related to their digital operation in view of the recent UCO Bank incident. According to sources, the banks have been advised to check their cybersecurity robustness and take measures to strengthen them.
19.11 / 06:26
Provident
Action
country
information
Department
guidelines
UP govt bans production and sale of halal-certified food products
Uttar Pradesh government on Saturday passed orders banning the production and sale of certain halal certified food products while calling for action against organisations associated with production and sale of halal certified drugs and cosmetics in what officials said was a bid to discourage unauthorised private bodies granting halal certificates to certain non-meat products driven by a «malicious attempt to exploit a specific religious sentiment and potentially incite discord among communities». The government in its orders passed by the food safety and drug administration department said that while information regarding halal certification on labels of drugs and cosmetics amounts to «misrepresentation» and is thus punishable under The Drugs and Cosmetics Act of 1940 as the act has no provision for halal certification; for food items, halal certification on non-meat products like dairy items, sugar, bakery products etc is akin to a system «parallel» to the standardisation provided by the Food Safety and Standards Authority of India (FSSAI), creating a situation of «confusion» and is thus also liable to be punished for misrepresentation under the Food Safety and Standards Act, 2006. The union commerce ministry had earlier this year notified guidelines for certification of halal meat products saying that only bodies accredited by the NABCB (national accreditation board for certification bodies) can issue valid halal certificates.
19.11 / 06:26
Target
CEO
Action
awards
reports
testing
recommendations
Grant
Grant Fenn should be accountable for Downer woes, proxy groups say
Downer EDI is expected to receive a protest vote against its remuneration report at its annual general meeting this week after proxy groups questioned how the board would handle outstanding share rights awarded to former chief executive Grant Fenn.
19.11 / 04:33
Manufacturing
Action
economy
country
electronic
Charting the global economy: Expectations of global growth improves, but rebound remains fragile
Inflation eased in both the US and UK, prompting bets that central banks on both sides of the Atlantic will start cutting interest rates by the middle of next year. Meantime, expectations for growth across Europe are improving, but the rebound remains fragile in the European Union’s east. The economic recoveries underway in China and Japan are also shaky given slowing consumption, among other factors. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: US US inflation broadly slowed in October, which markets cheered as a strong indication that the Federal Reserve is done hiking interest rates.
19.11 / 04:33
IPO
FIVE
Manufacturing
Action
Limelight
Experts
band
week
Tata Tech IPO, FII flows among 7 factors that will steer D-Street this week
global markets, easing US bond yields, and strong domestic institutional inflows suggest that the momentum in domestic equities is likely to continue this week. However, it’s the primary market that’s going to steal the limelight, as IPOs worth Rs 7,300 crore will be up for sale, led by Tata Technologies. Investors will be eagerly waiting for Tata Tech’s IPO, the first one from Tata Group in 20 years, and the fact that demand remains high, is reflected in the price as the stock is trading at a premium in the grey market. Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark.
19.11 / 04:33
Citi
Action
show
stage
reports
prevention
Delhi's 'very poor' AQI stagnates at 398 on Sunday morning
Delhi continued to grapple with «very poor» air quality, as reported by the System of Air Quality and Weather Forecasting And Research (SAFAR-India). The air quality index (AQI) stood at 398, emphasising ongoing concerns about the city's atmospheric conditions. At 7:15 am, SAFAR-India recorded an AQI of 398, categorising Delhi's air quality as 'very poor.' Central Pollution Control Board data further highlighted specific areas within the city experiencing similar conditions.
19.11 / 03:59
Provident
FIVE
Manufacturing
Action
Highways
country
Uttarkashi tunnel collapse: PMO joins rescue ops; vertical hole, new road among 5 rescue options explored. 10 points
PTI. 5. Earlier on Saturday, Former Prime Minister Office (PMO) advisor Bhaskar Khulbe said that teams deployed at the Silkyara tunnel require a coordinated action for the rescue operation which is underway at the site adding that multiple options are being explored to save their lives. Speaking to ANI, Bhaskar Khulbe said, “We are exploring as many options as possible to rescue workers.
19.11 / 02:01
Citi
Action
reports
Delhi's air quality improves further today, AQI close to 300
national capital's air quality was 340. As per SAFAR data, areas like Delhi University, Pusa, Lodhi Road, IIT Delhi, Airport T3, Noida, Mathura Road, and Dhirpur recorded ‘poor’ category air with AQI at 203, 169, 167, 193, 241, 193, 208, and 229 respectively.
19.11 / 00:43
IPO
Extreme
Manufacturing
Action
Enterprise
performer
week
Week Ahead: Macro data, IPO action, FII activity, global cues among key market triggers this week
global market cues including US bond yields, crude oil prices, and performance in US markets. Domestic markets extended their bullish tone for the third successive week and gained over a per cent. The beginning was downbeat but the bias changed in the following sessions with a surge in the US markets.
18.11 / 23:49
Action
Instagram
Pride
show
social
The Rookie Season 6: This is what we know about confirmed release date, time, storyline, cast, where to watch and more
The Rookie, is set to debut on Tuesday, February 20, 2024, at 9:00 p.m. This ABC show, which first aired in 2018, revolves around John Nolan, a middle-aged rookie in the LAPD, exploring his personal life, relationships with colleagues, and commitment to justice.
18.11 / 17:19
Citi
Provident
Action
stage
information
Department
All schools to reopen from Monday in Delhi as air quality improves
schools in the national capital shall resume classes in offline mode from November 20 as GRAP IV has been revoked, an official circular said on Saturday. “All Government, Government aided and private recognised schools in Delhi shall resume all classes (from pre-school to std XII) physically wef 20 November i.e, Monday. However, outdoor sports activities and morning assemblies will not be held for next one week from the issuance of this order," according to an order by the Directorate of Education, Government of Delhi.
18.11 / 16:15
Action
Entertainment
film
Actor
show
performer
stars
Owen Wilson: Best performances by the American actor
Wilson has nearly three decades of experience as an actor. His journey started in the 1990s with appearances on Frasier and Charlie's Angels, gaining recognition. The 2000s cemented his status with blockbuster successes such as Wedding Crashers, The Royal Tenenbaums, and Zoolander. Throughout the 2010s, Wilson continued to show his versatility in both comedic and dramatic roles. On his 55th birthday today, here are some of the best performances by the actor.
18.11 / 15:07
Target
Aviat
Action
performer
track
country
Department
index
Steel, civil aviation among 11 ministries discuss ways to improve India’s logistics performance index ranking
Logistics Performance Index (LPI) ranking. Sumita Dawra, Special Secretary (Logistics) in the Department for Promotion of Industry and Internal Trade (DPIIT) met the nodal officers of the LPI dedicated cell formed in the stakeholder departments on Friday to discuss the Measures Taken and Action Plan for improving India’s LPI ranking. Dawra said that a targeted action plan is important to improve the logistics efficiency of the country and the country’s ranking in the World Bank LPI, according to a statement issued by the commerce and industry ministry. The dedicated cell meets every fortnight to assess the measures taken and outcomes achieved in improving performance across six parameters of LPI including customs, infrastructure, ease of arranging shipments, quality of logistics services, tracking and tracing, and timeliness. She added that the measures taken by the stakeholder ministries/departments will be showcased to the World Bank LPI team. At the meeting, Land Ports Authority of India (LPAI), highlighted that it has implemented a Land Port Management System to digitise operations and facilitate a secure electronic flow of information between all stakeholders at the integrated check posts, aimed to reduce the dwell time of cross-border movements (trade and passenger), enhance the efficiency of customs and border management clearance, and improve the timely delivery of shipments. As per the release, LPAI has been able to reduce the dwell time from 57 days to less than 24 hours. Manoj Gangeya, ED (Planning), at railways ministry highlighted the development of rail containerisation at ports and freight terminals, which is expected to increase the rail container loading from 80 million tonnes recorded last year
18.11 / 13:45
Waters
Career
Action
Parke
Gillette
week
Dividend Stocks: Coal India, ONGC, Aurobindo Pharma, among others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of several companies will trade ex-dividend in the coming week including Coal India, Oil and Natural Gas Corporation (ONGC), Oil India, Aurobindo Pharma among others will trade ex-dividend in the coming week, starting from Monday, November 20. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.
18.11 / 11:53
Action
Highways
Inside
Uttarkashi Tunnel Collapse Live Update: Another drilling machine airlifted from Indore as rescue operation halts
Catch LIVE updates of Uttarkashi tunnel collapse recue operation with LivemintThe National Green Tribunal (NGT) has issued notices to the authorities concerned, including the National Highways and Infrastructure Development Corporation Ltd (NHIDCL), on a petition claiming lack of some protection works on the Gangotri National Highway in Uttarkashi district of Uttrakhand.According to the petition, NHIDCL failed to take action for the construction of a landslide protection gallery, slope protection work and river protection work.The 4531-metre Silkyara Tunnel is part of the Chardham Project of Ministry of Road Transport and Highways and will link the Gangotri and Yamunotri axis under the Radi pass area.Another high-performance drilling machine airlifted from Indore in Madhya Pradesh arrived in Silkyara on Saturday where its three parts will be assembled before it is deployed for drilling, officials on the spot said. Meanwhile, the number of workers who have been trapped inside the tunnel since Sunday has been revised to 41.
18.11 / 11:27
Action
Highways
Experts
reports
Lack of protection works in Gangotri National Highway: NGT issues notices to authorities
National Green Tribunal (NGT) has issued notices to the authorities concerned, including the National Highways and Infrastructure Development Corporation Ltd (NHIDCL), on a petition claiming lack of some protection works on the Gangotri National Highway in Uttarkashi district of Uttrakhand. According to the petition, NHIDCL failed to take action for the construction of a landslide protection gallery, slope protection work and river protection work.
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