Action Financial News
10.08 / 18:39
Citizens
Career
CEO
Action
show
voice
Rising polarisation causes major shifts on US environmental policy between administrations — this worries CEOs: Vincent Pons
Vincent Pons is Michael B. Kim Associate Professor at Harvard Business School. Speaking to Srijana Mitra Das, he discusses the role of democracy and stability in bolstering economies:Q. What is the core of your research?A.
10.08 / 18:39
MET
Citizens
Action
Remark
voice
Adhir suspended for remarks on PM; both sides slug it out
Chowdhury for comparing a fugitive businessman with Prime Minister Narendra Modi. Parliamentary affairs minister Pralhad Joshi moved a motion for Chowdhury's suspension, after the trust vote, and the Lok Sabha passed it by a voice vote. The Opposition had walked out before the conclusion of the trust vote.
10.08 / 18:01
Target
FIVE
Action
Align
show
Predictable pause, and a CRR surprise
RBI’s) monetary policy committee (MPC) on Thursday kept the policy rate and stance unchanged for the third time in a row, citing the need to watch the evolving inflation trajectory amid adverse weather conditions. All MPC members voted for a pause in the repo rate at 6.5%. Five out of six members also voted for a continuation of the “withdrawal of accommodation" stance.
10.08 / 17:19
UPS
Booking
Action
Remark
Inside
Lost
Phil Mickelson wagered $1 billion in 30 years and lost nearly $100 million, claims former associate; Know key revelations here
Phil Mickelson. According to Walters, Mickelson's gambling matched his own in terms of both frequency and fervor. Mickelson is reported to have wagered at least $1 billion and faced losses of up to $100 million, as disclosed by Walters in his upcoming book.
10.08 / 17:19
UPS
BLOCK
Action
DAL
social
Schools
services
peace
open
Schools in Nuh to open from Friday, transport services to be fully restored; authorities appeal for peace
Schools and other educational institutions are set to open in Haryana's Nuh on Friday after remaining closed since July 31 when communal violence erupted in the district. The Haryana State Transport services will also be fully restored from August 11.The authorities also urged Muslim clerics to offer Friday prayers at their homes and encourage people to follow suit. In adjoining Gurugram district, Jamiat Ulama president Mufti Saleem Qasmi also appealed to people to not offer the Friday namaz at any open place and asked them to pray in mosques or at their homes.
10.08 / 17:19
UPS
Platform
Action
Align
Southern
Online gaming: States mull Ordinance to mop up revenue from 28% GST
Ordinance route to amend their local GST laws to start taxing casinos, racecourse and online gaming at 28% at the earliest, instead of waiting for clearance from legislatures that is more time-consuming. These discussions will now translate into action, with the Union Cabinet’s clearance for an amendment Bill on the subject heightening the urgency, a GST official privy to the discussions told ET. The GST Council, at its meeting on July 11, decided to tax online gaming, racecourse and casinos at 28% on the full-face value of bets, and amend the law accordingly.
10.08 / 16:37
FIVE
Progressive
Manufacturing
Action
Mobile
Fallout
electronic
Import licensing for e-devices wields neither carrot nor stick
₹41,000 crore was earmarked for the sector over five years. At least 32 applicants were approved and local manufacturing continued its upward trajectory. A revised version of the programme is aimed at reprising that for computers.
10.08 / 16:37
Aware
Action
penalty
RBI imposes monetary penalty on 4 co-operative banks. Details here
₹1,00,000 on The Tapindu Urban Co-operative Bank Limited, Patna for non-compliance with the directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’. The bank had failed to comply with RBI directions on prudential inter-bank exposure norms at the gross level.
10.08 / 16:28
10.08 / 15:43
Provident
Target
MET
Extreme
Action
country
Developed nations overconsuming carbon budget; very little left for countries like India: Govt
carbon budget, leaving countries like India with very little carbon space for the future, the government said on Thursday. Responding to a question by BJP MP CM Ramesh, Minister of State for Environment Ashwini Kumar Choubey told the Rajya Sabha that India is doing far more than its fair share to combat climate change.
10.08 / 15:43
Citi
Digital
Platform
Action
country
tenor
NOT
Bankers call RBI policy as nuanced; CRR move will not impact lending ability
Bankers said the Reserve Bank's move to impose a 10 per cent incremental cash reserve ratio will not impede banks' ability to lend while the status quo on policy rates was on expected lines. The Reserve Bank opted for the status quo in key policy rates for the third consecutive time on Thursday.
10.08 / 15:37
Provident
Citizens
Aviat
Action
Dreams
performer
We should take a holistic look at transportation safety
Vande Bharat Express trains symbolize the fulfilment of growing aspirations, whereas expressways being constructed by the government are transforming road connectivity. We now have the world’s second biggest road network, having overtaken China’s (as with population) but not America’s. As for aviation, India’s “Hawaai chappal mein hawaai yatra" (air travel in modest slippers) slogan was coined to capture and fulfil the dream of modestly-earning citizens to travel by air, like their better-off counterparts.
10.08 / 15:13
Provident
Action
track
Prolong use of gastroesophageal reflux medications raises risk of dementia, says study
proton pump inhibitors (PPIs) and an increased risk of dementia. The study, led by Dr. Kamakshi Lakshminarayan from the University of Minnesota School of Public Health, sheds light on the need for further investigation into the relationship between these commonly used acid reflux medications and cognitive health.
10.08 / 15:03
Action
voice
Lok Sabha suspends Adhir Ranjan Chowdhury, Congress says action 'undemocratic'
Narendra Modi and ministers speak or a debate is going on. The resolution was passed by a voice vote. The Congress called the action against its floor leader as "unbelievable" and "undemocratic".
10.08 / 15:03
CEO
Action
Airlines
Air India unveils new brand identity, aircraft livery
Tata Sons in January 2022, Air India underwent this rebranding. The task of promoting the brand went to McCann Workgroup India.
10.08 / 14:27
UPS
Twitter
Action
film
love
star
SRK shuts down trolls with class during Twitter Q & A session for 'Jawan'
trolls! The superstar is gearing up for his next release — the action thriller 'Jawan’. Recently, the ‘Pathaan’ star hosted a Q & A session on Twitter, after sharing a poster of his new film. One ageist troll tried to take a potshot at his age, commenting that at his age (57), he is no longer fit to play the role of a ‘jawan’ (in Hindi, the word ‘jawan’ means youth). “Sir jawan hone ki ek umar hoti hai par aapki umer to bahut jada ho gai hai,” (sir there is an age-limit to be jawan, you are much more older than that), wrote the troll. The ‘Dilwale Dulhaniya Le Jayenge’ star was the epitome of composure and biting wit when he gave the troll a taste of his own medicine. “Accha kiya yaad dila diya….ek aur yaad rakhna…bewakoof hone ki koi Umar nahi hoti….ha ha,” (Good that you reminded me, however, remember, there is no age for foolishness!” The acerbic tweet went viral on the microblogging website, gaining 204K views and 6,730 likes. Many Twitter users gushed over his unparalleled wit and presence of mind. “Just him & his unmatched wit & humour,” wrote one fan. Another Twitter user wrote, “How to give back to trollers in his language I loved it!”
10.08 / 12:43
Blockchain
UPS
Provident
Target
Microsoft
Action
shootings
Is It Too Late to Buy Aptos? APT Price Shoots Up 20% After Microsoft Partnership and This New Meme Coin Secured $250,000 in Funding
In a major move for emerging layer-1 blockchain Aptos, the price has shot up +20% following news of a new partnership with industry giant Microsoft.
10.08 / 12:33
UPS
Target
Action
country
Power
Govt has no plans to phase out old coal-based power plants: RK Singh
renewable energy minister R K Singh said. He added that the Central Electricity Authority had in January 2023 suggested no retirement or re-purposing of coal-based power stations will be done before 2030, considering the expected energy demand scenario and availability of capacity in future.
10.08 / 11:57
MET
Action
Remark
country
BJP MP recalls '2008 Beijing Olympics' incident, says Sonia, Rahul Gandhi should be 'tried for treason'. Here's why
Narendra Modi is scheduled to reply to questions in relation to the no confidence motion brought against his government with regards to the Manipur crisis in the Lok Sabha by Opposition MP from Assam and Congress leader Gaurav Gogoi. Rathore during his speech in the Lok Sabha alleged that during the 2008 Beijing Olympics, where he was present, Sonia Gandhi and Rahul Gandhi were supposed to meet the athletes. The BJP politician furtjer alleged that the Gandhi duo did not meet them and instead ‘met the Communist Party of China’.
10.08 / 11:53
UPS
Action
NIFTY
Sony
performer
PE plus earnings growth: Kunj Bansal on where to find opportunities in market
Kunj Bansal, Investment-illiteracy.com, says “pharma is one sector which has remained neglected for the last 7, 8 years or so and which is where we seem to have been seeing the interest coming in partly or largely backed by the finally improving financial numbers, both in the US market as well as in the Indian market. I think that is where something similar can continue to remain an investment opportunity.”I guess Zee is where all the action is right now. News just in, the NCLT has approved the Zee merger with Sony India. They have dismissed all objections from creditors. The only overhang I guess now or the other event is that SEBI is yet to pass the final order against Subhash Chandra and Punit Goenka. But does now Zee become a buy for you?I wish I had such simple answers to such simple questions.
10.08 / 11:09
UPS
Ethereum
Lowe's
Ripple
XRP
Action
performer
week
Render
Render Token is Going to Zero as RNDR Price Drops 10% in a Week and New Crypto XRP20 Just Raised $1.6 Million
Render is bouncing back, after a tumultuous two-months saw holders endure a -40% bleed-out since May, but with resistance from moving averages on the way - is RNDR going to zero?
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