Action Financial News
20.08 / 11:49
Waves
Action
Assurant
Appropriate legal action will be taken against staffers having links with terrorism: J-K LG
Jammu and Kashmir Lieutenant Governor Manoj Sinha on Sunday defended dismissal of government employees who support terrorism and said the administration would not hesitate in taking appropriate legal action against such persons. Referring to Article 311 of the Constitution which deals with dismissal, removal or reduction in rank of civil employees in the Union or state governments, he said the article was included «to take stern action against those who are a threat to the nation». «It is not important what anyone is saying. Employees having links with terrorism will have to face stern action,» Sinha told reporters on the sidelines of a function here. The L-G was responding to a question about PDP president Mehbooba Mufti slamming the Jammu and Kashmir administration for «selectively terminating Kashmiri employees» from service by labelling them as «terrorist sympathisers». Mehbooba Mufti's reaction comes a day after the Jammu and Kashmir Bank sacked its chief manager Sajad Ahmad Bazaz for allegedly being a «threat to the security of the state». In a post on X, the former chief minister wrote, «Selectively terminating Kashmiri employees by wrongfully dubbing them as terrorist sympathisers and pro-ISI has been normalised. The accused isn't given a chance to prove his innocence with the government acting as judge and jury. This hooliganism is meant to frighten Kashmiris into submission.»
20.08 / 11:49
Digital
Platform
Action
Strategy
stage
social
India has taken action to de-risk infrastructure development
private investment in this field). However, a paradigm shift is underway as we move from sole reliance on public capex to incorporating private investment for infrastructure development. Therefore, promotional measures and de-risking strategies for investment have become crucial.
20.08 / 11:49
Lowe's
NASDAQ
Action
NIFTY
show
Ahead of Market: 10 things that will decide stock action on Monday
Nifty settled below 65,000 levels at 64,949, down 202 points, while Nifty ended 55 points lower at 19,310. Sectorally, IT, Realty and healthcare indices posted the most drag, while Media, PSU Bank and FMCG indices ended with marginal gains.Here's how analysts read the market pulse:“Indian indices encountered a week of vulnerability due to adverse global and domestic cues, accompanied by a shift towards safer assets by investors like the USD. Discouraging domestic industrial production, negative wholesale inflation, and elevated CPI inflation contributed to market volatility.
20.08 / 11:49
Merit
Action
Gap
Dynastic politics is poison, says Amit Shah; accuses Cong, DMK and Sena (UBT) of indulging in it
Shah on Sunday termed dynastic politics as «poison» and said that under this system, the control over a party and the government led by it remains in the hands of one family alone. He accused the Congress, the Dravida Munnetra Kazhagam (DMK) and Uddhav Thackeray-led Shiv Sena (UBT) of indulging in dynastic politics. Shah also accused the Congress of sponsoring «caste movements» in Madhya Pradesh and a few other states 2015 onwards «to spread the poison of casteism», which he said led to the defeat of his Bharatiya Janata Party (BJP) in the 2018 MP assembly elections.
20.08 / 11:49
Provident
Target
Amazon
Action
Align
country
play
Environment policy needs federalism to play a big role
climate change management. This is especially true for countries like India that are likely to bear more than their fair share of the climate-action burden, given that it is mostly the actions of others that led the world to this crisis. India also has a high proportion of people directly employed in natural resource dependent sectors.
20.08 / 10:55
UPS
Action
foreign
Pakistan: Imran Khan's close aide former foreign minister Shah Mehmood Qureshi arrested for leaking diplomatic cable
Also read: ‘Stand up for your rights’: Upon arrest, former Pakistan PM Imran Khan urges followers not to ‘sit at home in silence’ The Federal Investigation Agency (FIA) filed a First Information Report (FIR) against Qureshi, citing relevant sections of the Official Secrets Act and the Pakistan Penal Code. The FIR alleges that Qureshi's actions fall under wrongful communication of information and the attempt to commit or abet an offense under the Secrets Act.
20.08 / 10:55
Man
Action
Fighting
RAI
country
NOT
Rahul Gandhi's ‘flying kiss’ row: ‘It was shame on him...not me’ says Union Minister Smriti Irani
G20 summit called on Rahul Gandhi's flying kiss blowing incident a ‘despicable behaviour.’ Smriti Irani's comments came while speaking at the Aaj Tak G20 Summit on 19 August. In a fierce attack at Congress leader Rahul Gandhi, she said, “A person from the Gandhi dynasty may not have an interest in Parliament, but can you imagine that a female Cabinet minister who happens to be there now has to gleefully talk about why did the man do what he did? Why should I? It was shame on him...not me, or any other woman who was there that day severing our country in Parliament," India Today has quoted.
20.08 / 07:57
Provident
BLOCK
Waters
Action
show
country
US, Japan and Australia plan joint navy drills in disputed South China Sea, Philippine officials say
Japan and Australia are planning a joint navy drill in the South China Sea off the western Philippines this week to underscore their commitment to the rule of law in the region after a recent show of Chinese aggression in the disputed waters, Filipino security officials said Sunday. On Aug. 5, Chinese coast guard ships used water cannons against Philippine vessels in the contested waterway where disputes have long been regarded as a potential flashpoint and have become a fault line in the rivalry between the U.S.
20.08 / 07:53
Provident
Digital
Manufacturing
Action
Strategy
stage
electronic
National
National e-commerce policy in final stages, no new draft to be issued: Official
The proposed national e-commerce policy is in the final stages and no new draft policy will be issued now for seeking the views of stakeholders, a senior government official said. The new e-commerce policy is being formulated by the commerce ministry. On 2 August, the Department for Promotion of Industry and Internal Trade (DPIIT) held a detailed discussion with representatives of e-commerce firms and a domestic traders' body on the proposed policy.
20.08 / 06:51
Target
Action
Backed
Multibagger tracker! This Jhunjhunwala-backed auto stock turned Rs 10,000 to Rs 3.5 lakh in just 10 years
Escorts Kubota have rallied nearly 3,500% in the last 10 years, delivering blockbusters to investors. If one would have invested about Rs 10,000 in stock a decade ago, the investment could have swelled to Rs 3.5 lakh, according to an analysis by ET Markets. The shares have delivered solid returns in the last three year too with 182% rise and gained about 130% in the last three years. Escorts Kubota offers agricultural machinery, construction and material handling machines, and railway equipment, serving customers worldwide. It has a market capitalisation of about Rs 31,400 crore and an EPS of 67.18 on a trailing twelve month (TTM) basis. The stock is currently trading at a PB of 3.73. According to the shareholding pattern available with the exchanges, promoters own majority of the stake at 67.64%, while the rest of 30.40% lies with the public shareholders.
20.08 / 06:43
Provident
FIVE
Action
Fighting
film
star
queer
week
Movie releases this week: From Ayushmann Khurrana's ‘Dream Girl 2’ to queer American comedy-drama ‘Bottoms'. Full list
Also read: Movies, web series OTT releases this week: From Ghoomer in theatres to Guns & Gulaabs on Netflix Theatrical Release Date: August 25, 2023 Genre: Action Thriller in Telugu "Gaandeevadhari Arjuna" is a Telugu action thriller film written and directed by Praveen Sattaru. The movie stars Varun Tej, Sakshi Vaidhya, and Vinay Rai in prominent roles, with Mickey J Meyer providing the film's soundtrack.
20.08 / 05:27
20.08 / 03:35
UPS
Action
Entertainment
Disclose assets or forego promotions: UP government tells employees
Uttar Pradesh government has decided that promotions for officers and employees who fail to declare their movable and immovable properties by December 31, 2023, will not be entertained. Chief secretary Durga Shankar Mishra has issued an order emphasising that all officers and employees are required to, in line with the provisions outlined in Rule 24 of the Uttar Pradesh Government Employees Rules-1956, mandatorily disclose details regarding their movable and immovable properties through the human resources portal. The state government has developed the human resources portal with the aim of offering timely, efficient, and transparent services.
20.08 / 03:35
FIVE
Aware
Action
Racing
Fighting
TikTok
Gen Z
lawsuits
With TikTok and lawsuits, Gen Z takes on climate change
Kaliko is engaged in efforts to raise awareness about global warming and to reduce greenhouse gas emissions. In fact, last year she and 13 other young people, ages 9-18, sued their home state, Hawaii, over its use of fossil fuels.
20.08 / 02:17
Manufacturing
CEO
Action
Mobile
country
social
electronic
68% of all EV two wheelers are manufactured in Tamil Nadu: TRB Rajaa
electric two-wheelers sold in India are manufactured in Tamil Nadu, the state's minister for industries, TRB Rajaa, claimed at an event on Saturday. Rajaa, who was speaking at the ‘Tamil Nadu Startup Thiruvizha 2023’ in Coimbatore, said the state is not just a leader in textiles, but in the automotive and electronics sector too. He said electronics exports from the state in the last one year has risen to $5.37 billion.
20.08 / 02:17
UPS
Action
show
'State fascism': Former Pakistan minister Shireen Mazari alleges her daughter 'abducted' overnight without warrant
Pakistan Tehreek-e-Insaaf (PTI) leader and federal minister, Shireen Mazari alleged that police personnel and people dressed in plain clothes, «abducted» her daughter Imaan Zainab Mazari-Hazir from her house in an overnight raid on Sunday, Geo News reported. Strongly condemning the incident, Mazari termed it an act of «abduction» and «state fascism». She alleged that the personnel barged into her house by breaking down the front door, Geo News reported.
19.08 / 23:59
UPS
Waves
Target
BLOCK
Action
TikTok
Unpaid GST surge has helped blow a $50b hole in revenue
A near three-fold explosion in unpaid GST debt in the past six years is fuelling a surge in owed taxes to close to $50 billion at the same time the Tax Office has been struggling to control a $4.6 billion wave of fraudulent GST refund claims ignited via the viral spread of the scam on TikTok.
19.08 / 22:51
Provident
Binance
Platform
Action
Align
Forbes
Checkout.com
Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com
On August 17, Binance, the world's largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concerns.
19.08 / 18:53
Twitter
Platform
Action
Remark
BURST
social
Sacked teacher of Unacademy says his remark misinterpreted, alleges firm acted under social media pressure
sacked teacher Karan Sangwan on Saturday alleged that the firm terminated his service under pressure from trollers on social media who misinterpreted his generic remark to vote for educated candidates. In a video on his YouTube channel, Sangwan said he made the generic remark on his YouTube channel and not during his lecture at Unacademy. «Why did termination happen? There is a pressure which gets built and you burst under its load.
19.08 / 17:23
UPS
Provident
Action
BURST
Rhythm
blues
Time
'Boom Time': During rehab, Bumrah has slightly increased his run-up with bigger follow-through
Jasprit Bumrah to wear the India 'Blues' but it was worth the wait as the speedster looks all set to spearhead India's World Cup campaign with a slight tweak in his action to prevent big injuries in near future. While Indian cricket establishment will need to handle its most prized asset with utmost care, people in the know of things feel that post surgery and extensive rehabilitation, Bumrah can continue playing all three formats as he knows his body very well.
19.08 / 16:53
Citi
Google
Action
GM's Cruise autonomous vehicle unit agrees to cut fleet in half after 2 crashes in San Francisco
General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city
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