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Suheldev Bharatiya Samaj Party (SBSP) chief Om Prakash Rajbhar on Sunday said that Samajwadi Party is unable to sustain its alliances and claimed that «more people from the SP» will join the NDA fold. In a statement here, Rajbhar showered praise on the BJP, saying, «There is 'aham' (ego issue) among the Opposition (parties) and everyone considers themselves big. These parties should learn from the BJP as to how power is achieved by aligning with smaller parties.» Rajbhar said that his SBSP and the BJP will contest the 2024 Lok Sabha election together. He said the seat sharing will be decided at the July 18 meeting of NDA partners in Delhi. «The alliance of SBP and the BJP will strengthen the NDA. Under the leadership of Prime Minister Narendra Modi, efforts being made by the NDA for the welfare of the poor and downtrodden will gain further strength,» he said Attacking the Samajwadi Party, Rajbhar said, «Samajwadi Party's alliance cannot last,» and cited the collapse of the SP's coalition with the Congress in the 2017 UP Assembly election and with the Bahujan Samaj Party during the 2019 Lok Sabha election.

Opposition has seized on a host of issues, including OBC census, to corner it in the run-up to the 2024 Lok Sabha polls. With the main opposition party Congress joining several regional parties to push for caste census as part of wider efforts to increase the OBC reservation and project the BJP as inimical to their interests, the ruling party has been making sharp counter-moves.

By Kunal Kothari

The rise of ‘Buy Now Pay Later’ (BNPL) services has revolutionized the way consumers make purchases, offering the allure of immediate gratification without upfront costs. Recent data indicates a significant increase in BNPL’s share of e-commerce transactions globally, rising from 0.4% in 2016 to 1.6% in 2019 and reaching 3% in 2021. This trend has propelled the global BNPL market size, which is now projected to reach an impressive $596.7 billion by 2026. In India, the BNPL sector is moving at 65% YOY growth and is expected to attain a valuation of $40 billion by 2025. 

By Valerie Volcovici

Today, Google Doodle commemorates the birthday of Zarina Hashmi, an influential Indian American artist who would have turned 86 today. The doodle, designed by guest illustrator Tara Anand from New York, pays homage to Hashmi's artistic style by incorporating her signature geometric and minimalist abstract shapes. As per media reports, Hashmi was known for her remarkable sculptures, prints, and drawings.

Uday Kotak, Asia's richest banker, who single-handedly built one of the country's most-valued lenders bearing his family name, will likely take a non-executive role soon at Kotak Mahindra Bank, having shepherded it through capital scarcity of an autarkic licence raj four decades ago, to the visible abundance of a liberalised India that is among the world's primary growth engines. In a letter to shareholders on Saturday, Kotak, 64, said the alignment of stock owners, board and management will help navigate the country's fourth most-valued bank — after HDFC Bank, ICICI Bank and State Bank of India — through unprecedented transformation that has already put New Delhi at the top of the list of major economies driving growth through financial inclusion.

Adani Power Jharkhand Ltd (APJL), a wholly-owned subsidiary of Adani Power Ltd, will supply 100 per cent of the generated electricity from the plant to another nation. The company informed that it successfully completed the dependable capacity test for the Godda plant on July 12 - a mandatory requirement under the power purchase agreement (PPA) with Bangladesh Power Development Board, executed in November 2017 for a period of 25 years.

Adani Group Chairman Gautam Adani on Saturday met Bangladesh Prime Minister Sheikh Hasina in Dhaka, following the full load commencement of power supply to Bangladesh from Adani Group’s Ultra Super-Critical Thermal Power Plant in Godda, India. The Godda USCTPP, which marks the Adani Group’s entry into transnational power projects, is India’s first commissioned transnational power project where 100% of the generated power is supplied to another nation, Adani Group said in a press statement. After the meeting, Gautam Adani tweeted: “Honoured to have met Bangladesh PM Sheikh Hasina on full load commencement and handover of the 1600 MW Ultra SuperCritical Godda Power Plant. I salute the dedicated teams from India and Bangladesh who braved COVID to commission the plant in a record time of three-and-a-half years.”Adani Power Jharkhand Ltd (APJL), a wholly owned subsidiary of Adani Power Ltd, completed the dependable capacity test for the Godda plant on 12 July. The dependable capacity test, a mandatory requirement under the power purchase agreement (PPA) with Bangladesh, was conducted over the stipulated period of six hours to evaluate the simultaneous functioning of both units of the plant after they began supplying electricity.

Act quickly once you find a deal that catches your attention, as popular smartphones tend to sell out quickly during these sales. Take advantage of the amazing offers available during the Amazon Prime Day Sale 2023 and upgrade your smartphone at an unbeatable price.

Adani Group Chairman, Gautam Adani paid a visit to Bangladesh's Prime Minister Sheikh Hasina in Dhaka on Saturday after the full load commencement of power supply to Bangladesh from the group’s thermal power plant in Godda, India. The new project of the conglomerate will mark the group's entry into transnational power projects. This project will also commence India’s first commissioned transnational power project where 100 per cent of the generated power is supplied to another nation.Adani Power Jharkhand Ltd (APJL), a wholly owned subsidiary of Adani Power Ltd, will supply 1,496 MW from the Godda USCTPP under the PPA with the Bangladesh Power Development Board, executed in November 2017 for a period of 25 years, via a 400 kV dedicated transmission system connected to the Bangladesh grid. The subsidiary completed the dependable capacity test for the Godda plant on 12 July.

Uday Kotak now believes it’s time to hang the boots. In a letter to the shareholders of Kotak Mahindra Bank, the banking veteran indicated his willingness to play a non-executive role in the bank. “Going forward, I see my role as a non-executive board governance member and a strategic shareholder with a long term perspective of nurturing a world class institution,” Kotak said.

“The risk versus reward ratio seems quite favorable for IT companies, particularly large cap firms. Stocks like TCS, trading at 18 times earnings for FY24, are quite appealing. The same holds true for HCLTech,” says Rahul Shah, Motilal Oswal Financial Services.

Jeep SUV owners in the country can avail a complimentary 40-point health check-up for their vehicle. In addition, the auto manufacturer is giving a free alignment and balancing with four tyre replacements.  Jeep SUV owners will also get 10 percent discounts on select accessories and spare parts along with car care treatments.

Ranil Wickremesinghe has said, days ahead of his first official visit to New Delhi. Wickremesinghe, also the cash-strapped country's finance minister, made this remark while addressing the Indian CEO Forum here this week. «Just as East Asia, including countries like Japan, Korea and China, witnessed significant growth 75 years ago, it is now India's turn, along with the Indian Ocean region,» Wickremesinghe said.

reliance on the dollar. The dominance of the US dollar in international trade and finance has faced increasing challenges, leading to discussions about the future of global economic dynamics and the potential consequences for various stakeholders. This trend, known as de-dollarization, refers to the process by which countries aim to reduce their reliance on the US dollar as the dominant global currency.

In a surprising turn of events, the cryptocurrency market witnessed a sudden sell-off, causing Bitcoin price to plummet by more than 3% from its previous level of $31,750 to $30,290. 

investing in drone stocks has attracted significant attention. One such drone company, in particular, has gained significant investor's attention by surging over 45% in the past three days. The company is none other than Zen Technologies.

₹894.10 crore,the company informed the stock exchanges on Friday. “This is to inform you that the company received a letter on 13 July from IPICOL informing that the State Level Single Window Clearance Authority in its meeting on 10 July has approved in-principle a proposal for setting up a food processing facility at Mundaamba, Block-Jankia, in the district of Khordha with an investment of about ₹894.10 crore, subject to fulfilment of the conditions by the firm." The proposed will be Nestlé’s tenth manufacturing facility in India. The announcement aligns with the firm’s plans to allocate ₹5,000 crore for constructing research centres and factories by 2025.

mutual funds with the hope or rather conviction of earning some money. They can also help you meet your short-term financial needs without redeeming units in case of emergencies. You can take loans against your equity or debt mutual fund schemes to cater to your short- to medium-term requirements.

Keeping on the right side of regulators is the life blood of investment advisor firms’ compliance officers, but what specifically is on their minds right now?