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Day trading guide for today: Domestic equity benchmarks Sensex and Nifty 50 snapped their five-day winning streak in the previous session on profit booking in shares of select heavyweights, including Reliance Industries, Infosys, TCS and HCL Tech amid weak global cues. The domestic market spent most of the day in negative territory on January 16, but it experienced a brief upswing during the session, pushing the benchmarks to achieve new record highs. However, the indices erased all gains upon closing.

Europe’s leading banking entity, the European Banking Authority (EBA), has extended its regulatory reach to cover the cryptocurrency space.

Shell has reached an agreement with a consortium of companies to sell its onshore business in Nigeria's Niger Delta in a deal worth $2.4 billion

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Ram Temple stands about three kilometers away from the disputed site of Babri Masjid. The opposition further slammed the BJP that if the intention was not to build the temple on the controversial site, then why the Masjid was demolished? Shiv Sena leader (Uddhav Thackeray faction) Sanjay Raut questioned, Why is the temple being built 3 kilometers away from there? Why was Hindu-Muslim communal hatred spread? On a similar note, Congress leader Digvijay Singh that the Majid was demolished only to make the issue communal “BJP, VHP and RSS wanted to demolish the mosque, not build a temple.

The alignment starts with an elevated corridor near Sarjapur's IT corridor, transitions underground at Koramangala, traverses the central business district through tunnels, and emerges on Ballari Road with elevated stations at Ganganagar and Hebbal, Times of India reported. A notable feature is its interconnection with existing Blue, Pink, Purple, and Phase III lines at four points. At Iblur, the line connects with the Blue Line, providing connectivity from the Central Silk Board junction to Kempegowda International Airport.

India may only result in mild gains for the rupee as the nation’s central bank will likely continue to grip the currency tightly. On its own, the stars are aligned for the rupee — prospects of large bond and stocks inflows on the back of JPMorgan Chase & Co’s inclusion of Indian debt in its emerging market index as well as a global risk-on sentiment. Yet analysts are reluctant to call a sizeably stronger rupee, which has traded within a very narrow range over the last year despite large inflows into India’s equity and debt markets. While the central bank seems to have eased a bit on its intervention lately — the rupee has turned into Asia’s top performer so far this month — limiting the swings in the currency may continue to be a prime focus. “The Reserve Bank of India will let the rupee appreciate only gradually,” said Dhiraj Nim, economist and forex strategist at Australia & New Zealand Banking Group.

Telecom operators have sought a reassessment of the government’s draft policy around establishing direct-to-mobile (D2M) networks to ensure a level-playing field, and have warned of the possibility of regulatory arbitrage if such a policy is implemented hurriedly. The government is exploring a proposal for D2M networks that will enable beaming of TV channels on mobiles without a cellular data connection. Telcos have been opposing any hasty decision as the technology is still immature. “It’s crucial to ensure that any D2M service implementation aligns with national legal and technical standards and does not result in regulatory arbitrage in providing the content services on mobile handsets,” the Cellular Operators Association of India (COAI), which represents Reliance Jio, Bharti Airtel and Vodafone Idea, said in a statement Monday. The telco industry body has called for a re-evaluation of aspects around level-playing field, spectrum allocation, network integration and regulatory /cost arbitrage.

demat account, understanding how to navigate through turbulent market conditions is crucial. While market fluctuations can be intimidating, they also present opportunities for strategic investing. Here are some tips to help new investors successfully navigate market volatility using a demat account.

DBS Bank India, said, “Ownership of financial decision making, diverse investment and borrowing choices and growing adoption of digital channels are all evidence that the modern Indian woman is not just a participant, but a planner of her journey." The financial paths of women are as varied as their individuality. The manner in which they save, borrow, and invest money depends on many factors such as age, income, cultural background, and access to resources. As per the survey, women earning in metropolitan areas demonstrate a preference for low-risk investments, allocating 51 percent of their funds to fixed deposits (FD) and savings accounts.

Milind Deora was part of the youthful cohort who were considered close to Rahul Gandhi. Among those were Jyotiraditya Scindia, Sachin Pilot, RPN Singh and Jitin Prasada. Except for Sachin Pilot, the remaining members of this cohort have either joined the Bharatiya Janata Party (BJP) or aligned themselves with other political affiliations.

Reserve Bank of India on Monday (January 15) issued a draft framework seeking to harmonise regulations of Housing Finance Companies (HFCs) with those of Non-banking Finance Companies (NBFCs) in several areas including deposit directions. The banking regulator has invited comments from NBFCs (including HFCs) and other stakeholders by February 29, 2024. The RBI, in its circular, said it has reviewed the deposit directions for deposit-taking HFCs, participation of HFCs in various derivative products for hedging purposes, diversification into other financial products, adoption of technical specifications by HFCs under the Account Aggregator ecosystem, etc.

Lai Ching-te is Taiwan’s president-elect who has vowed to safeguard the Asian island’s de-facto independence from China and further align it with other democracies

Samsung Galaxy S24 series launch event, scheduled just two days from now, speculation abounds regarding the pricing of the forthcoming flagship smartphones. Leaks suggest a potential pricing shift, raising questions about consumer expectations for the new devices. The South Korean tech giant has been touting advanced AI features that are poised to elevate the user experience with the Galaxy S24 series.

₹4.23 trillion annually. Such a dedicated body would streamline the currently fragmented regulatory framework, simplifying compliance and fostering growth, it said.

Galaxy S24 Ultra. The video showcases a flat display with a centered hole-punch cutout for the front camera, surrounded by remarkably thin bezels. The right edge of the handset features the power button and volume rockers.

Indian Railways industry is currently enjoying significant growth, driven by its vast network and the expected surge in demand for its services. As the fourth-largest railway network globally, Indian Railways operates over 22,593 trains daily, catering to 24 million passengers and transporting 204 million tonnes of freight across its 68,103 km route and 7,337 stations.

The 10-year benchmark bond yield was at 7.1350% as of 10:00 a.m. IST, following its previous close of 7.1791%.

Amitabh Bachchan buys plot in Ayodhya's The Sarayu for ₹14.5 crore The special flight caters to passengers attending the Ram Temple consecration ceremony on January 22. The airline aims to connect Ayodhya with several other major cities across India soon, SpiceJet said in a press statement. Parking trouble awaits private jets on way to Ayodhya "We are happy to announce the introduction of non‐stop flights connecting Ayodhya with Chennai, Bengaluru, and Mumbai.

ANI, “The Shankaracharyas uphold their own dignity. This is not about ego. Are we expected to merely sit outside and applaud when the Prime Minister installs the idol of Ram Lalla? The presence of a 'secular' government does not imply the obliteration of tradition." Swami Nischalananda Saraswati is the 145th Sankaracharya of the Govardhana Peetha at Jagannath Puri, Odisha.

₹7-9 crore, ex-showroom. Distinguishing itself from other Rolls-Royce models, the Spectre will abandon the traditional 6 ¾ V12 engine in favor of an electric motor on each wheel, making it a formidable 4WD vehicle. The EV coupe boasts a powerful 430 kW and 900 Nm drivetrain, propelling it from 0 to 100 km/h in just 4.4 seconds.