Action Financial News

27.10 / 08:57
UPS Action BURST Research reports Courts Ahead of Diwali, govt plans pollution penalty up to ₹15 lakh as Delhi smogs up
Subscribe to enjoy similar stories. New Delhi: Following the Supreme Court's censure, the Union government plans to impose a penalty of up to ₹15 lakh for pollution- and environment-related offences ahead of Diwali and up to a ₹15,000 spot fine for burning crop residue or stubble, according to two officials.
26.10 / 14:41
Waters Action WhatsApp reports prevention Will demolish unauthorised buildings in Bengaluru: Deputy CM D K Shivakumar
D K Shivakumar on Saturday said the drive to demolish unauthorised and dilapidated buildings was underway in Bengaluru. Shivakumar, who holds the Bengaluru development portfolio, said the registration of unauthorised properties will be halted and encroachments will be removed. Further, more powers will be given to civic agencies and planning bodies. «We have decided to stop unauthorised construction of buildings. The previous government had curtailed the powers of officials to take action against unauthorised construction,» the Deputy CM told reporters here. «Our government has decided to give powers to BBMP (Bruhat Bengaluru Mahanagara Palike), BDA (Bangalore Development Authority) and BMRDA (Bengaluru Metropolitan Region Development Authority) to stop unauthorised construction. The registration of unauthorised properties will also be stopped. At the same time, we are also focusing on clearing encroachments,» he said.
26.10 / 13:09
markets FIVE Digital Action Sony prevention Schools Bengal: ED attaches Rs 163 cr worth assets in WBSSC recruitment 'scam' case
Enforcement Directorate on Saturday said it has attached assets worth more than Rs 163 crore of the alleged «main middleman» and his linked entities in fresh action in a «scam» in the recruitment of group C and D category staff by the West Bengal School Service Commission (WBSSC). The federal agency earlier attached properties worth Rs 230.6 crore in connection with the alleged irregularities in the hiring of assistant teachers and Rs 151 crore worth of assets in the primary teachers recruitment «scam» in West Bengal. Both recruitments were done by the WBSSC. The federal agency said in a statement that five hotels and resorts, 230 land parcels and 17 flats and shops of Prasanna Kumar Roy, the «main middleman» in these cases, his wife Kajal Soni Roy and a company, controlled and operated by Roy, named Shree Durga Dealcom Pvt. Ltd. have been provisionally attached under the Prevention of Money Laundering Act (PMLA). The value of the attached properties is Rs 163.20 crore, it said.
26.10 / 13:09
markets COST Digital Action Airlines Parke When crosswinds forced an IndiGo flight to take off immediately after touchdown
IndiGo flight from Jaipur to Chennai on Saturday caused confusion among approximately 160 passengers when it took off again soon after landing at Chennai airport. Airport authorities explained that the incident was due to crosswinds affecting the landing. The aircraft touched down on the main runway beyond the threshold point, prompting the pilot to take immediate action. Realizing there might not be enough runway space to slow down safely, the pilot decided to take off again promptly. No passengers were harmed during the incident. Flight 6E265 from Jaipur usually arrives in Chennai at 1:05 pm. On Saturday, the flight arrived earlier, around 12:45 pm. However, due to crosswinds, the pilot was unable to land at the runway's start, and the plane touched down in the middle. The pilot then took off immediately, circled around, and landed again at 12:58 pm.
26.10 / 12:05
Platform Action Dreams love Universities Diversity stage JioHotstar domain saga sees new twist! Delhi techie’s ₹1 Crore quest fades as Dubai siblings take centre stage
JioHotstar domain name has taken yet another unexpected twist, reminiscent of the crime thrillers available on the platforms involved. The mysterious techie who previously sought ₹1 crore from Reliance Industries for the coveted domain has vanished from the narrative, leaving behind an intriguing message about a sibling duo from the UAE dedicated to helping underprivileged children.This development has sent the internet buzzing with speculation on what might have happened.Earlier this week, an unnamed app developer from Delhi revealed they had acquired the JioHotstar domain in 2023, just before the anticipated merger between JioCinema and Disney+ Hotstar.With the potential merger set to create a new streaming giant, the techie offered to sell the domain to Reliance Industries, the parent company of Jio, for ₹1 crore—the price of their dream course at Cambridge University.
26.10 / 10:45
Action President Justice country cover reports Courts Brazil reaches a $23 billion settlement with mining firms over a 2015 environmental disaster
Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s worst-ever environmental disasters
26.10 / 10:23
markets Digital Citizens Action security Experts PAM Every drop of blood spilled will be avenged: J&K LG on recent terror attacks
Jammu and Kashmir Lieutenant Governor Manoj Sinha on Saturday said every drop of innocent blood spilled in the valley will be avenged and all capabilities will be used to dismantle the terror ecosystem. Addressing the passing out-cum-attestation parade of the Border Security Force (BSF) at the STC, Humhama here, Sinha said Pakistan has persisted with its unholy action of carrying out terror activities in Jammu and Kashmir. «Unfortunately, we have a neighbour who since the time of independence has continuously engaged in terrorist activities in Jammu and Kashmir. Despite the poverty and hunger afflicting its citizens, it persists with its unholy actions of supporting terrorism and trafficking narcotics,» he said. Referring to recent terror attacks in Ganderbal and Baramulla districts, the LG said the terrorists targeted «our brave soldiers, civilians, workers involved in infrastructure projects and some labourers who had come from other places».
26.10 / 08:31
markets Provident Waters Action security Videos Delhi Police did not take action on attackers: Delhi Minister Saurabh Bharadwaj on alleged attack on Arvind Kejriwal's Padyatra
Delhi Minister and Aam Aadmi Party leader Saurabh Bharadwaj on Saturday lashed out at Delhi Police and Bharatiya Janata Party (BJP) over the alleged attack on former Delhi Chief Minister Arvind Kejriwal during his foot march in the national capital, accusing Delhi police of not taking appropriate action against the attackers. Speaking to ANI, Bharadwaj said, «The responsibility of the Delhi police was to provide security to Arvind Kejriwal; their duty is to provide security to every citizen of Delhi. It can be witnessed in the video that Delhi police officers were talking to the attackers of Arvind Kejriwal's Padyatra. Delhi police did not register FIR on them and even arrested them.» The remarks came after the AAP's claim on Friday that AAP convenor Arvind Kejriwal was attacked during a rally in the national capital and alleged that the attack was carried out by the Bharatiya Janata Party through its goons.
26.10 / 04:25
markets Citi Action Strategy RAI Delhi Air quality update: AQI improves but pollution threats persist as Diwali approaches
Air Quality Index (AQI) in the capital recorded a reading of 237 early Saturday, down from 283 the previous day. Despite this minor drop, areas such as ITI Jahangirpuri continue to experience high pollution levels, with AQI readings reaching 265. Authorities warn that pollution levels may worsen as the festival approaches, potentially reaching hazardous levels within the next few days. A layer of smog engulfed certain parts of the national capital. The AQI recorded on Friday was 283 AQI today in ITI Jahangirpuri read 265 while AQI around India gate area was recorded at 237 which fell in the 'poor' category. The AQI at India Gate improved slightly, being recorded at 276 on Friday.
26.10 / 00:35
Williams Action show stage country Equality Banking’s Mir Jafars who sold out India to the colonizers
Subscribe to enjoy similar stories. One class of Indians that hasn't copped enough of the criticism it deserves for its role in selling out the country to imperialists through the 17th and 18th centuries, is bankers of that time.
26.10 / 00:35
Provident Binance Action security wellness Courts Investigations Victims of WazirX hack plan class action in India after Singapore moratorium
Subscribe to enjoy similar stories. Victims of the $233-million WazirX hack are preparing to sue the cryptocurrency exchange for damages in the national consumer forum after the firm’s Singapore-based parent won a four-month moratorium against legal proceedings in the city-state.
25.10 / 19:33
markets Digital Action Strategy President Justice Courts Brazil reaches $23 billion settlement with mining firms over 2015 environmental disaster
Brazil's federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country's worst-ever environmental disaster. Under the agreement, Samarco — a joint venture of Brazilian mining giant Vale and Anglo-Australian firm BHP — will pay 132 billion reais ($23 billion) over 20 years. The payments are meant to compensate for human, environmental and infrastructure damage caused by the release of an immense amount of toxic mining waste into a major river in southeastern Minas Gerais state, killing 19 people and ravaging entire villages. «We are fixing a disaster that could have been avoided, but wasn't,» President Luiz Inacio Lula da Silva said in a hall of the presidential palace, surrounded by governors of the affected states, members of his administration, reporters and victims.
25.10 / 18:21
markets Digital Action Strategy Experts PAM social Drones, choppers and sniffer dogs pressed into action in Gulmarg
drones, helicopters, and sniffer dogs searched the upper reaches of Gulmarg in northern Kashmir on Friday. The officials said another army man injured in the attack in Bota Pathri area of Gulmarg on Thursday afternoon succumbed to injuries. As of now, three army men and two porters of the army were killed and two others injured in the attack when unidentified gunmen opened fire at an army vehicle. Officials say the People's Anti Fascist Front, an offshoot of Jaish e Muhammad, claimed responsibility and posted an unverified photo of the scene on social media. While the operation continues, officials are tight-lipped regarding ground updates on Friday. Four or five infiltrators assaulted the army vehicle. A senior officer claimed sniffer dogs directed to the Shranz water canal, where assailants may have gone. This is the fifth Kashmir Valley attack in three weeks, killing 14 people-four army men, seven non-local labourers, and three locals.
25.10 / 14:53
markets Action Strategy Fallout Experts reports Department Tamil Nadu train crash fallout: Railway Board initiates 15-day drive to inspect interlocking points
Railway Board has initiated from October 23 a 15-day-long safety drive to inspect interlocking points and crossings across all rail networks in the country. In a written communication, the board has asked all railway zones and divisions to undertake the drive with a special emphasis on critical analysis of cases of derailment at these intersections in the last three years among other aspects. The drive was initiated almost a fortnight after a collision between a passenger and a freight train in Tamil Nadu. The incident is being investigated as initial findings hinted at an act of sabotage of the interlocking system or a possible mechanical defect in it. According to the board's letter, the officials should check if the interlocking points require frequent attention, their behaviour under the wheels of a train and also ensure the adequate availability of their components among other things.
25.10 / 13:25
markets Action Analysis exclusive Interviews Chart analyst Carter Worth breaks down his most important technical indicator
There are many technical indicators for traders to choose from. For Carter Worth, there's one that stands out above all others: volume.
25.10 / 12:49
MET Action Fighting Death War US, Israel to join new talks for short-term Gaza cease-fire
Subscribe to enjoy similar stories. U.S., Arab and Israeli officials are planning to meet this weekend in Qatar to renew talks over a cease-fire in the war in Gaza, with mediators proposing a short-term pause in fighting that could build toward a permanent agreement. Negotiators are skeptical of a breakthrough in the talks, which are scheduled for Sunday in Doha.
25.10 / 11:49
markets Target Action WhatsApp prevention India's forex reserves fall by $2 billion to $688 billion
Reserve Bank of India (RBI) on Friday. The RBI keeps a close watch on the foreign exchange markets and steps in when needed to keep things stable. The central bank's actions such as managing liquidity and selling dollars, are meant to prevent big swings in the exchange rate and to reduce the risk of a sharp drop in the Indian rupee. RBI's approach does not set a specific target for the rupee's value but aims to maintain stability in the foreign exchange markets.
25.10 / 11:39
markets COST Digital Action Strategy PAM Higher rates, increasing credit costs to temper profits for micro finance cos says S&P
delinquences in India's micro finance sector is expected to increase credit costs to more than 5% in the current fiscal as risks that borrowers will default has increased, analysts at Standard & Poors (S&P) said. Credit costs will ease but will still stay high at more than 3% next fiscal, impacting profitability for micro finance companies as return on average assets (ROAA) will fall by 60 to 65 basis points to 3.85%, the analysts said in a call. One basis point is 0.01 percentage point. Shinoy Varghese, associate director, financial institutions ratings at S&P said delinquences are expected to rise especially in the micro finance industry as lenders tighten their belts after recent regulatory actions.
25.10 / 10:31
markets Citi Action RAI reports Working day, night to control pollution: Delhi Minister Gopal Rai asserts amidst worsening air pollution
Delhi Environment Minister Gopal Rai on Friday announced that the Delhi government will monitor hotspots across Delhi through drones, adding that his government is working day and night to control the pollution. Delhi Environment Minister Gopal Rai visited the Wazirpur industrial area on Friday, which is one of the 13 hotspots in the city. Speaking to mediapersons, Rai said, «As we had announced a winter action plan to control winter pollution, in that winter action plan, different measures are being taken to control pollution, to control vehicle pollution, to control biomass burning. The Aam Aadmi Party government is working day and night. But as you all know in our 13 hotspots, the level of pollution is higher than the normal AQI level in Delhi. Therefore, this time we decided that we would monitor hotspots through drones and under that, today Wazirpur is one of our 13 hot spots. Here today the drone has been piloted by the panel agency.»
25.10 / 01:49
markets Action security Analysis Research Trade Experts GIFT Nifty down 5 points; here's the trading setup for today's session
«We expect this range-bound move (Nifty hovering around the 24400-24500 zone) to continue in the absence of any major triggers, while the earning season would drive sectorial rotation. Key results tomorrow — BEL, Chola Investment, JSW Steel, HPCL, Coal India, and BPCL,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.
24.10 / 19:49
Action economy pandemic Trade country reports International IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

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