Action Financial News

27.07 / 12:59

Twitter Action Slack Slack down: Chat app stops working in the middle of the day; Here’s what happened

chat app, Slack, experienced a midday outage, disrupting communication among colleagues. Users encountered errors when attempting to send messages, although they could still access past conversations. Slack plays a crucial role in connecting colleagues within and across major companies globally, especially as many workplaces have shifted to remote or hybrid setups, making it a significant part of workplace communication.

27.07 / 12:03

UPS Action country ED chief Sanjay Kumar Mishra to remain in office till 15 September; SC cites ‘larger public interest’

Enforcement Directorate chief Sanjay Kumar Mishra to continue till 15 September, a month less than what the India government has sought from the apex court. The Supreme Court of India cited ‘larger public interest’ for the extension granted to the ED chief. Supreme Court of India also noted that there would not be any further extension and that Sanjay Kumar Mishra shall cease to occupy the post from midnight of 15-16 September.

27.07 / 12:03

IPO Action Enterprise Parke Cafe Coffee Day parent's bankruptcy: What's brewing at Cafe Coffee Global? All about coffee day enterprises' troubles

Coffee Day Enterprises Ltd, which primarily manages cafe chain outlets under the Cafe Coffee Day (CCD) brand, is experiencing financial difficulties and is in the news for rumoured bankruptcy. Since the death of VG Siddhartha, the founder of Coffee Day Enterprises, the company has encountered difficulties.

27.07 / 12:03

COST Provident Progressive Action Fine compliance Delhi HC slaps ₹1 lakh fine on restaurant associations for non-compliance of service charge directions

₹1,00,000 on the National Restaurant Association of India (NRAI) and the Federation of Hotel & Restaurant Associations of India (FHRAI) to pay as costs for non-compliance of service charge directions issued on 12 April. The court has directed that the costs be remitted to the Department of Consumer Affairs.

27.07 / 12:03

UPS Lowe's Booking Action Financial Current risk-reward unfavourable; interest rates could be higher for longer: Asit Bhandarkar of JM Financial AMC

Asit Bhandarkar, Senior Fund Manager – Equity at JM Financial Asset Management pointed out that over the past year, mid-cap stocks have surged more than 30 per cent, mainly due to a P/E re-rating. He advised caution in the short term due to rapid price and valuation increases, global challenges, and pre-election volatility, but remain optimistic about India's long-term growth potential driven by infrastructure upgrades and consumption trends. We have seen a sharp up move in excess of 30 per cent in the mid-caps versus nearly 20 per cent for large caps in the last 12 months.

27.07 / 11:45

UPS Ripple XRP Action Dreams show performer week Ripple is Going to Zero as XRP Price Drops 15% in a Week and Evil Pepe Just Raised $950,000 – How to Buy Early?

As Ripple remains jubilant following recent lawsuit victory against the Securities and Exchange Commission (SEC), price action for network native XRP token remains in a tumultuous retracement.

27.07 / 11:31

Target Digital Manufacturing Action band country Inside IMF raises red flag on India’s ban on export of non-basmati rice, experts say country’s food security concerns primary

India’s recent ban on export of non-basmati white rice has created quite a furore internationally. While on the one hand there are worries about the move likely to trigger a rise in global rice prices adversely impacting poor countries, there is also the need to ensure adequate supplies in the domestic market and keep prices in check. While the IMF has raised concerns about the move exacerbating volatility in food prices, experts say the picture on food inflation will be clear only after the monsoon plays out completely.

27.07 / 11:31

Provident Digital Platform Action country cover social Ensuring Responsible AI Innovation: The case for guardrails for AI adoption in BFSI

In today’s rapidly-evolving digital landscape, artificial intelligence (AI) holds immense potential for the banking and financial services industry. From fraud detection and risk assessment to personalised customer experiences, AI could offer a multitude of benefits.

27.07 / 11:31

COST Provident Aware Action electronic mistakes Income Tax Return: 10 ITR filing mistakes which can cost you dearly

Filing income tax returns (ITR) can be a daunting task for many taxpayers. However, avoiding the common ITR filing mistakes is essential to ensure a hassle-free return filing.

27.07 / 11:01

UPS Reuters Action Highways voice lawmakers Deal US lawmakers US lawmakers struggle to find deal on self-driving cars: Report

self-driving car legislation remains uncertain in Congress as China's aggressive efforts to lead in this technology pose a significant challenge. According to a report by Reuters, the House Energy and Commerce Committee chair, Cathy McMorris Rodgers, voiced concerns about China's ambitions and highlighted the need to safeguard data and individual rights from the Chinese Communist Party's influence.

27.07 / 10:59

UPS FIVE Action stage country electronic Jail information Pakistan's Senate approves Army Act amendment to impose 5-year jail term for disclosing 'sensitive information'

Pakistan's Senate on Thursday passed a bill to amend the Pakistan Army Act, 1952 which proposes up to five years in jail for anyone who discloses sensitive information about the country's security and army. Defence Minister Khawaja Asif moved the bill titled «Pakistan Army (Amendment) Act, 2023» amidst the government's efforts to prosecute former prime minister Imran Khan on the 'cypher' issue.

27.07 / 10:59

UPS Provident Action stage country SC allows extension of ED director Sanjay Kumar Mishra's tenure till Sept 15

Supreme Court on Thursday allowed the extension of Enforcement Directorate Director Sanjay Mishra's tenure until September 15. The Centre on Wednesday moved the apex court seeking ED Director Sanjay Kumar Mishra's continuance till October 15, saying his absence during the ongoing FATF review will adversely impact India's national interests. The Centre also emphasised that Mishra, 63, has been engaged in preparation of documents and fulfilling other requirements for mutual evaluation since the beginning of the year 2020 and, accordingly, his continuation in this arduous and delicate process at this «critical stage» is essential.

27.07 / 10:49

UPS Twitter Digital Action POT show XXX Meme Coin Spikes Up 200% Within Minutes of Launch and Crypto Whales Say This is the Next Crypto to Explode

The past week has seen a surge of 'X' themed meme tokens launching straight to DEX, as token makers rush to profit of Elon Musk's now infamous Twitter rebrand to X.com.

27.07 / 10:39

Provident Twitter Target Platform Action country Indian audit Delhi High Court calls for periodic audit of safety, security in Indian Railways

Railways, the Delhi High Court said on Thursday, as it asked the state-run transport behemoth to ensure periodic audit of safety measures on trains and at railway stations. The high court's order came while disposing of a petition filed by lawyer Kush Kalra, seeking safety and security measures like baggage scanners, hand-held metal detectors and CCTV cameras at all railway stations in the country and installation of anti-collision devices.

27.07 / 10:09

Lowe's MET Action Assurant CAQM reviews preparedness of discoms in NCR to curb air pollution in winter

New Delhi: The Commission for Air Quality Management in NCR and adjoining areas (CAQM) on Thursday met power distribution companies (discoms) of Delhi and NCR districts in Uttar Pradesh, Haryana, and Rajasthan to enhance preparedness for the upcoming winter season when air pollution levels generally spike. The meeting focused on curbing dependence on diesel generator sets (DG sets) for power generation during the period between October and February, when air pollution levels soar due to various meteorological factors, the ministry of environment, forest and climate change said.

27.07 / 10:01

Amazon Action Fighting Amazon workers at two UK fulfilment centres to strike in August

GMB trade union said on Thursday more than a thousand workers at two Amazon fulfilment centres in England would take strike action in early August in an ongoing pay dispute. «This industrial action will spread further: it's clear the fight for workers' rights at Amazon is only just beginning,» GMB Senior Organiser  Rachel Fagan said in a statement.

27.07 / 09:41

Lowe's MET Action Assurant CAQM reviews preparedness of dicoms in NCR to curb air pollution in winter

New Delhi: The Commission for Air Quality Management in NCR and adjoining areas (CAQM) on Thursday met power distribution companies (discoms) of Delhi and NCR districts in Uttar Pradesh, Haryana, and Rajasthan on Thursday to enhance preparedness for the upcoming winter season when air pollution levels generally spike. The meeting focused on curbing dependence on diesel generator sets (DG sets) for power generation during the period between October and February, when air pollution levels soar due to various meteorological factors, the ministry of environment, forest and climate change said.

27.07 / 09:13

Aware Action Discover cover rock Mumbai Python scales 13th-floor terrace of a Mumbai building, rescued

Mumbai's Ghatkopar (west), a four-foot-long Indian rock python was found perched on the terrace of a tower's 13th floor. As per ToI report, local residents were left astonished at how the python managed to ascend to such heights.

27.07 / 08:39

COST Provident VISA Action show cover UK visa fee likely to increase by 20% soon: How to avoid paying hiked charges

The UK government is expected to increase charges for work permits and visas by 2024 and experts cites that the hike would be around 20%. Though the new measure is not yet implemented, experts advise individuals planning to emigrate for work to act promptly. Those with job offers or in discussions with UK employers should finalise their plans quickly to avoid higher fees.

27.07 / 07:43

Action Remark Puzzle film Actor social Amitabh Bachchan faces backlash over old tweet about 'bras and panties'; netizens demand an apology

Amitabh Bachchan, the iconic Indian actor, found himself under scrutiny as an old tweet of his resurfaced and quickly went viral. The tweet, dating back to June 12, 2010, at 3:24 PM, raised eyebrows as it discussed a curious linguistic observation: «In the English language, why is 'bra' singular and 'panties' plural?» The tweet prompted a mix of reactions from netizens, leaving many puzzled about the reason behind Bachchan's unusual query.

27.07 / 07:17

Action show country Plea on Manipur violence: SC asks petitioner to mention it before CJI

Supreme Court on Thursday asked a petitioner, who has sought the constitution of an independent committee under a retired apex court judge to inquire into the incidents of sexual assault and violence in Manipur, to mention his plea for listing before a bench headed by Chief Justice D Y Chandrachud. The matter was mentioned for listing before a bench of Justices S K Kaul and Sudhanshu Dhulia. CJI Chandrachud is not holding court on Thursday.

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