Action Financial News
15.11 / 18:33
Citizens
Aware
Action
Remark
reports
Delhi air pollution: Red alert in Punjab as stubble burning continues, farmers to lead protest against punitive actions
Delhi and the rest of North India, a red alert has been sounded in all districts of Punjab to curb rampant stubble burning. Moreover, the burning of crop residue can attract legal action against violators, a senior official told PTI. The air quality index in Delhi reached 401 on Wednesday.
15.11 / 17:59
Merit
Platform
Action
GameStop
Southern
rock
prevention
Court Rejects Class Certification Request Against Robinhood in GameStop Meme Case
A US District Court for the Southern District of Florida has ceremoniously rejected the requests for class certification by investors who have taken legal action against the Robinhood platform.
15.11 / 17:29
Target
Cooper
Action
Align
Nov
country
information
US, China advance climate cooperation following California talks
By David Stanway and Valerie Volcovici
15.11 / 16:23
FIVE
Action
Death
Experts
country
reports
Heat projected to kill nearly five times more people by 2050
heat in the coming decades, an international team of experts said Wednesday, warning that without action on climate change the «health of humanity is at grave risk». Lethal heat was just one of the many ways the world's still-increasing use of fossil fuels threatens human health, according to The Lancet Countdown, a major annual assessment carried out by leading researchers and institutions. More common droughts will put millions at risk of starving, mosquitoes spreading farther than ever before will take infectious diseases with them, and health systems will struggle to cope with the burden, the researchers warned. The dire assessment comes during what is expected to be the hottest year in human history — just last week, Europe's climate monitor declared that last month was the warmest October on record. It also comes ahead of the COP28 climate talks in Dubai later this month, which will for the first time host a «health day» on December 3 as experts try to shine a light on global warming's impact on health. Despite growing calls for global action, energy-related carbon emissions hit new highs last year, the Lancet Countdown report said, singling out still-massive government subsidies and private bank investments into planet-heating fossil fuels. Last year people worldwide were exposed to an average of 86 days of life-threatening temperatures, according to the Lancet Countdown study.
15.11 / 16:23
Target
Reuters
Action
economy
Experts
band
show
Ahead of Market: 10 things that will decide D-Street action on Thursday
The NSE Nifty50 index settled 1.19% higher at 19,675, while the S&P BSE Sensex rose 1.14% to 65,675. The Nifty50 logged its best single-day gain since March 31 and closed at the highest level since October 18. Here's how analysts read the market pulse: «On the daily charts, we can observe that the narrow range of the last few trading sessions has been decisively broken on the upside.
15.11 / 16:23
Provident
Action
Assurant
reports
services
UCO Bank faces technical glitch; IMPS services hit
UCO Bank on Wednesday said its Immediate Payment Service (IMPS) of the bank faced some technical glitch and made IMPS offline. The financial impact due to this is yet to be ascertained, UCO Bank said in a regulatory filing.
15.11 / 16:17
15.11 / 15:25
Action
Align
Netflix
film
show
information
Department
Ginny and Georgia: Here’s what we know about the release date of Season 3 and filming for Season 4
Ginny and Georgia Season 3. As fans eagerly await the next installment of this beloved Netflix series, here's a comprehensive overview of the latest updates, potential storylines, and what to expect from the upcoming season.
15.11 / 15:10
Target
FIVE
Action
cover
reports
Department
Will exceed tax collection target this year, says CBDT chairman
₹18.23 trillion this fiscal, going by the healthy revenue growth so far, Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said on Wednesday. Gupta also said that during state and national polls, the tax authority maintains intense surveillance on unexplained cash and jewellery, and takes action in coordination with the union and state election authorities. Gupta said the union government's direct-tax collection is growing at 21-22% on a net basis after refunds, and 17-18% on a gross basis.
15.11 / 14:44
Action
Enterprise
Experts
information
testing
open
Religare chair Saluja opposing Burmans' open offer fearing loss of control, says Mohit Burman
Religare Enterprises is “fair” even as they wait for regulatory approvals on their proposal. In an interview to ET, he said he hopes that shareholders will tender their shares in the open offer as the price presented is higher than Religare’s current market rate. Once the open offer is concluded, the Burman family, currently the largest shareholder of Religare, will nominate their directors to the board of the financial services company. Burman said he is surprised by the behaviour of the Religare board, which had backed the open offer but is now against it.
15.11 / 13:47
Provident
Digital
Action
Experts
track
innovations
information
Financial
Financial decision-making: Using smart-analytics
Making financial decisions can be a daunting task, especially if you’re just starting out, but the same applies to even the most experienced. The simple answer is: You can’t auto-pilot investing and expect to profit.
15.11 / 13:47
Cooper
Action
Assurant
President
show
country
reports
The Biden-Xi meeting is aimed at getting the relationship on better footing, but tough issues loom
Presidents Joe Biden and Xi Jinping are heading into their meeting at a country estate in California hoping to stabilize U.S.-China relations after a period of tumult
15.11 / 13:43
Action
US-China agreement on climate change is a breakthrough
The US and China, the world’s biggest polluters, vowed to step up joint action to tackle climate change in a revival of collaboration that’s likely to offer crucial momentum for UN talks in Dubai opening later this month.
15.11 / 13:43
SEC
Action
SEC increases enforcement actions, imposes second-highest amount of penalties
The SEC took the most enforcement actions for violations of securities laws in four years during its latest fiscal year and ordered the second-highest amount of money related to those actions in history, the agency announced Tuesday.
15.11 / 11:56
Provident
Booking
Action
Assurant
social
reports
Former Karnataka CM Kumaraswamy booked for stealing electricity on Diwali; 'Thief' poster appears near home
Karnataka chief minister H D Kumaraswamy following allegations from the Congress party. They claim that Kumaraswamy illegally used electricity to illuminate his JP Nagar residence in Bangalore for Deepavali.
15.11 / 11:56
Digital
Action
guidelines
emi
RBI asks Bajaj Finance to stop disbursal of loans under 'eCOM' and 'Insta EMI Card'
Reserve Bank of India (RBI) has asked NBFC Bajaj Finance to stop sanctioning and disbursing loans under its two lending products ‘eCOM’ and ‘Insta EMI Card’ with immediate effect owing to non-adherence of lending norms set out by the regulator. «This action is necessitated due to non-adherence of the company to the extant provisions of Digital lending guidelines of Reserve Bank of India, particularly non-issuance of Key Fact Statements to the borrowers under these two lending products and the deficiencies in the Key Fact Statements issued in respect of other digital loans sanctioned by the company,» RBI said in a press release on Wednesday. The central bank has said that it will review these supervisory restrictions following the rectification of the deficiencies listed out, to the satisfaction of the RBI. (This is a breaking development, please check back for more updates)
15.11 / 11:17
FIVE
BLOCK
Action
Southern
President
country
EXPLAINER-What is the UK's Rwanda migrant deportation plan?
Court ruled on Wednesday that the government's plan to send asylum seekers to Rwanda was unlawful, delivering a major blow to Prime Minister Rishi Sunak's pledge to stop people arriving in small boats. Here are details about the case and the issue: WHY IS IMMIGRATION SUCH AN ISSUE IN BRITAIN? Taking back control of the country's borders and ending the free movement of people was a major factor that led to the 2016 vote for Britain to leave the European Union. Successive Conservative governments had promised to cut net migration to under 100,000 annually before dropping that pledge before an election in 2019. While official data recording has changed, net immigration has continued to rise since Brexit, hitting a record of 606,000 in 2022, partly due to new visa routes for arrivals from Ukraine and Hong Kong. WHAT IS BRITAIN'S RWANDA PLAN? The Rwanda plan, struck in April 2022 by then Prime Minister Boris Johnson, is designed to deter asylum seekers from making the dangerous journey of about 20 miles (32 km) across the Channel from Europe in small boats or inflatable dinghies to England's southern beaches. Last year, a record 45,775 people were detected arriving without permission in Britain in this way. So far this year, more than 27,000 have arrived on small boats. Under the scheme, anyone who arrived in Britain illegally after Jan.
15.11 / 11:17
Provident
FIVE
Booking
Action
Enterprise
show
information
NOT
There is no shareholder representation on Religare board; the idea is to create value, not destroy it: Mohit Burman
Mohit Burman, Chairman, Dabur Group, says “we are decent people. We are doing everything by the book. So, we will continue getting our approvals and then at the end of the day the shareholders can decide whether they want to tender their shares into the open offer or not. I mean, all the other options which can cause any sort of problems to the acquisition, we are not looking at those.” What is your next plan of action? We will continue getting our regulatory approvals. We have already applied to the CCI, that should come in the next few weeks. Then, we have SEBI, IRDA and RBI. As I said, we have already met the fit and proper test for most of these regulatory bodies. So, I do not see any problem; however, with all these allegations being thrown at us, we are tackling them. The other point is that a lot of other chunky shareholders. Have you interacted with them? Are they okay with your strategy informally? Informally, we believe all shareholders are okay and are fine with this.
15.11 / 09:53
Cooper
Action
Assurant
economy
President
show
country
Biden, Xi meeting is aimed at getting relationship back on better footing, but tough issues loom
Joe Biden and Xi Jinping head into their big meeting at a country estate on Wednesday hoping to stabilise US-China relations after a period of tumult, but the US president also is prepared to confront his counterpart on difficult issues such as trade, Beijing's burgeoning relationship with Iran and human rights concerns. The two leaders, who will meet on the sidelines of a summit of Asian-Pacific leaders, last spoke a year ago. Since then, already fraught ties between the two economic superpowers have been further strained by the U.S.
15.11 / 09:53
Target
Action
Experts
European Commission
reports
EU reaches deal to reduce highly polluting methane gas emissions from energy sector
methane gas emissions from the energy sector across the 27-nation bloc. According to experts, one of the biggest causes of climate change is methane gas emissions — second only to carbon dioxide. The gas also causes serious health problems.
15.11 / 08:31
Target
Binance
regulation
SEC
Action
Department
SEC’s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants
The US Securities and Exchange Commission (SEC) has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors.
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