Action Financial News

02.10 / 13:01
UPS Digital CEO Action Inside innovations 2020 Sam Who's rooting hardest for a Sam Bankman-Fried conviction?
cryptocurrency firm, Ikigai Asset Management, lost most of its assets from last year's collapse of the cryptocurrency exchange FTX, where he was a customer. Kling said he harbored no hatred for Sam Bankman-Fried, FTX's founder. But as Bankman-Fried's criminal fraud trial kicks off Tuesday, Kling is eager to see the onetime crypto mogul — who is now viewed as its biggest villain — held accountable for his actions.
02.10 / 11:43
Target Action Fighting hospital gatherings NOT Our fight is against drugs, not any party or leader: Kejriwal on Cong MLA's arrest
Congress over the arrest of its MLA Sukhpal Singh Khaira in a 2015 drugs case, AAP supremo Arvind Kejriwal Monday said they are fighting against drugs and not against any party or a leader. Kejriwal, who was on a day-long Patiala visit, also appealed to all political parties to support AAP in a war against drugs. «Three-four days back, a very big person was caught who was facing an accusation of drug trafficking.
02.10 / 11:43
Provident Progressive Action Discover show hospital Jharkhand guv applauds IAS officer and doctor for saving baby onboard Ranchi-Delhi flight
Ranchi to Delhi, a baby with congenital heart disease, who was experiencing severe breathing difficulties, was rescued by two doctors. One of them is a 1995-batch IAS officer, Nitin Madan Kulkarni, currently serving as the principal secretary to Jharkhand Governor CP Radhakrishnan. Governor Radhakrishnan commended Kulkarni for his noble actions, describing it as an exemplary act of human service. He expressed, «I am proud of your noble work.
02.10 / 11:05
UPS Provident Action ICO shootings Bitcoin innovations Bitcoin project FWEN Token Shoots Up 1,000% Overnight and New Bitcoin Project Goes Viral For Makes Mining Simple – 100x Potential?
In the latest surge on-chain FWEN has surged +1,000% - as market interest gravitates to the Friend-Tech linked, BASE-launched, airdrop token. 
02.10 / 10:05
Extreme Action show country information reports "Caste census has revealed economic situation of everyone": Nitish Kumar
Bihar Government released caste survey data, Chief Minister Nitish Kumar congratulated the entire team engaged in the work of caste-based enumeration stating that the survey not only revealed the castes but also gave information about the economic condition of everyone. The Bihar government released caste survey data, with the figures that have ramifications for the Lok Sabha polls next year, showing that Other Backward Caste (OBC) and Extremely Backward Class (EBC) together account for 63 per cent of the state's population. «Today, on the auspicious occasion of Gandhi Jayanti, the data of the caste-based census conducted in Bihar has been published.
02.10 / 09:21
Provident Reuters Action WhatsApp track country Department India-Canada news: Are lentils going to be a chokepoint amid diplomatic tension
Also read: Amid India-Canada row, Elon Musk accuses Canadian PM Justin Trudeau of ‘crushing free speech’ But a senior government official told Reuters that New Delhi has not instructed importers to refrain from purchases. Besides, an official with the Canadian Global Affairs Department said that Canada is also not taking any action that would directly affect trade with India.
02.10 / 09:21
Twitter Extreme Action country information reports Bihar caste-based census out: Extremely backward class is 36.01%, backward class 27.13%
Also Read: Census or survey? All you need to know as Bihar govt, Centre spar over caste-based scrutiny Bihar Chief Minister Nitish Kumar wrote on Twitter, “Today, on the auspicious occasion of Gandhi Jayanti, the data of caste-based census conducted in Bihar has been published. Many congratulations to the entire team engaged in the work of caste-based enumeration!" Bihar CM noted that the proposal for caste-based enumeration was passed unanimously in the Legislature.
02.10 / 09:13
Action Highways cover innovations travelers Engineers to be held accountable, face action for any pothole on highways: Govt
India's highways pothole-free, the government has introduced a stringent accountability system for highway engineers. The Centre has set a clear deadline for eliminating potholes from National Highways (NHs) by the end of this year.
02.10 / 05:51
Man Action COP Sony hospital reports NOT Ujjain rape case: ‘Gave her my khaki shirt’, detained auto driver regrets not helping the victim
Ujjain teen rape case as the cops suspected that he could be the accused, according to NDTV reports. Now, the cops said that Malviya should have taken the girl to hospital and reported the matter immediately. “She (victim) wanted to go home.
02.10 / 05:23
Art Action Strategy cover social consequences reports Wise Gandhi Jayanti: Drawing wealth management lessons from the three wise monkeys
India pays homage to one of its most illustrious leaders, the Father of the Nation, Mahatma Gandhi. His sagacious teachings continue to echo through the annals of history.
02.10 / 05:23
Citizens Action Dreams President Celebrity country "Gandhiji deeply admired in France": France pays tribute to Mahatma Gandhi
India on Monday paid tributes to the Father of the Nation, Mahatma Gandhi and said that the France upheld the values of non-violence, peace and tolerance stated by Mahatma Gandhi. Taking to X, French Ambassy in India said, «On #GandhiJayanti, Ambassador-designate Thierry Mathou and everyone at the Embassy pay tribute to the Mahatma and the values of peace, tolerance and non-violence that he staunchly upheld. Gandhiji is deeply admired in France, as reflected in statues in Strasbourg and Vaureal.» Earlier today, Prime Minister Narendra Modi paid tributes to Mahatma Gandhi at Delhi's Rajghat. Mahatma Gandhi's impact is global, said PM Modi in a post on X, today while also urging to work towards fulfilling Gandhi's dreams. «I bow to Mahatma Gandhi on the special occasion of Gandhi Jayanti.
02.10 / 03:59
Provident Digital Booking CEO Action economy There's no fear that we are slipping into a bearish stock market: Sunil Subramaniam
Sunil Subramaniam, MD & CEO, Sundaram Mutual, says from an economic news perspective, I do not see any surprises. We are in a festival season and this time we have a slightly elongated festival season with Diwali coming in around mid-November. That is good news from the consumer section, consumer durables and auto and housing sectors and that is good news for the markets. At the same time, the state assembly elections in key Hindi belt states will provide a little bit of a clue in terms of the next coming parliamentary election. While they will not have a significant impact because voters behave differently in parliament, the markets will be a bit sensitive if those elections do not go the way of the ruling party at the Centre. What is your view on the market? Right now we were cruising around that 20,000 mark headed for higher levels and then suddenly back to 19,500? Yes, it is just a reflection of stuff happening outside India in terms of oil prices strengthening as well as the US Fed being hawkish in terms of the interest rate outlook and their actions. These two tended to be a bit negative for emerging market flows and India especially is very sensitive to oil. We import 85% of our crude and hence any movement trend around oil makes a big impact.
02.10 / 02:05
UPS Target Action NIFTY show RBI likely to maintain status quo on rates with an eye on the dollar, oil prices
Reserve Bank of India's (RBI) rate-setting panel is likely to keep the policy interest rates unchanged later this week while continuing its protracted vigil on inflation, as the steepest increase in crude oil prices in 10 months amid signs of further rate hardening in the US lengthens the odds on an immediate turnabout in the rate trajectory at home. An ET poll of 12 market respondents showed that at the end of its October 4-6 meeting, the Monetary Policy Committee (MPC) is likely to keep the repo rate unchanged at 6.50% while retaining its stance of withdrawal of accommodation. Such an outcome would mark the fourth successive policy review in which the MPC has maintained a status quo on rates and stance. Focus on protecting external sector «The MPC is expected to extend its hawkish pause… global crude oil prices have surged to November 2022 highs, surpassing the RBI's April estimate of $85 per barrel, with September's average approximately 9% higher than that of August,» Radhika Rao, senior economist, DBS Bank said. This has coincided with the dollar's climb as the Federal Reserve has sought to hold rates 'higher for longer', dimming the appeal of emerging market assets for global investors.
01.10 / 22:01
UPS Citi Action Apple Metro reports travelers Bedbug emergency in Paris as metros, hotels infected; Here’s what you need to know
Paris is currently grappling with a bedbug infestation, as per reports. The French government recently revealed that these blood-sucking insects have become a cause for concern within the city. Transport Minister Clement Beaune announced Friday that he would convene a special meeting with the city's transport operators to address the problem and ensure the public's safety.
01.10 / 19:09
UPS Action 2020 reports DHFL case: NFRA debars 18 auditors for up to a year for lapses
National Financial Reporting Authority (NFRA) has debarred 18 auditors for up to a year and also imposed penalties on them, citing professional lapses in the audits of various branches of the crisis-hit DHFL. In separate orders for each auditor, the regulator has imposed a penalty of ₹1 lakh on each of them. As many as 14 of the 18 auditors have been debarred for a year, while four face a six-month ban. They have been barred from «being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate». The audit regulator's orders are based on its probe into the role of the statutory auditors of DHFL for 2017-18, the year when the alleged fraud was primarily stated to have occurred, it said in orders dated September 29. The auditors concerned played the role of engagement partners, or branch auditors, in the audit of DHFL branches.
01.10 / 18:11
Action Strategy end Coming to end of meetings
As the final words are spoken by the 'chair' and the meeting 'adjourned', a collective sigh of relief reverberates through the room or video conferencing palace. It signals the end of an often time-consuming and sometimes meandering discourse. The pleasures of the end of meetings are manifold.
01.10 / 17:41
Manufacturing Action Hyundai General Motors Employees Union calls for chain hunger strike from Oct 2
employee union of General Motors India has called for a chain hunger strike from Monday, demanding transfer of all its workers to Hyundai Motor, which plans to acquire its manufacturing facility in Talegaon. The American automobile giant stopped selling its cars in India from 2017. General Motors Employees Union in a statement on Sunday also accused the Eknath Shinde-led Shiv Sena-BJP government of not taking the unemployment issue of «thousands» of workers of the auto firm seriously.
01.10 / 17:41
Manufacturing Action Hyundai Death Banner President General Motors India’s retrenched workers to sit on an indefinite chain hunger strike
General Motors India have threatened to go on an indefinite hunger strike from October 2 to protest their alleged non-absorption by Hyundai Motor India, the proposed new owner of the car manufacturing plant near Pune. The workers under the banner of the General Motors Employee Union (GMEU) are demanding that they be absorbed by the factory’s new owner. The hunger strike may further delay finalising a commercial agreement between Hyundai, which has its growth plans for the Indian market hinged on the Talegaon facility and the US automaker. The local arm of the Korean automaker signed a term sheet with GM for a potential buyout of the Talegaon plant near Pune on March 13. A final deal is subject to meeting certain conditions including obtaining regulatory approvals from relevant government authorities and all stakeholders. A spokesperson for Hyundai Motor India said the company doesn’t have any fresh update on the deal with GM, adding that the commercial agreement is still to be signed.
01.10 / 17:25
Platform Action Racing WhatsApp Experts cover New tax rate on online money games kicks in
NEW DELHI : The new Goods and Services Tax (GST) regime of 28% tax on online money games, casinos and horse racing has kicked in from Sunday with Union government issuing orders on norms to be followed covering taxes to be collected by Centre and the Union Territories. Some states are in the process of notifying legislative changes for the part of taxes to be collected by them. The new regime kicks in amid intense litigation around the regime that existed till today with Supreme Court last month issuing a stay order on a Karnataka HC decision, favouring an online gaming company.
01.10 / 17:25
Action Remark social exclusive Gandhian wisdom
NEW DELHI : This Gandhi Jayanti, we should reflect upon an important observation the Mahatma made about us-versus-them thinking and its corrosive effect on judgement. Too often, he remarked, do we judge others by their worst actions and ourselves by our best principles.

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