Aware Financial News
24.01 / 20:15
Aware
Gap
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information
reports
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Investigations
Ford recalls over 2M Explorer SUVs worldwide
Detroit automaker, Ford (NYSE:F) announced Wednesday that the company is recalling 2.24 million Ford Explorer SUVs worldwide made between 2011-2019 due to potential issues with trim retention clips not being properly engaged.
24.01 / 18:15
COST
UPS
Target
Aware
Bill
Fiddling on the roof to brighten solar
rooftop solar (RTS) power systems on 1 crore houses. With this announcement, Modi has targeted a key pain point in India's solar power journey: slow uptake of RTS systems. In 2015, GoI increased its solar power generation target from 22 GW to 100 GW by 2022.
24.01 / 13:01
Cooper
Aware
Analysis
Food
Research
country
International
NITI, agri ministry, FAO launch investment forum for advancing climate resilient agrifood system
NITI Aayog, Ministry of Agriculture and Farmers' Welfare (MoA&FW), and Food and Agriculture Organization (FAO) of the United Nations on Wednesday jointly launched the 'Investment Forum for Advancing Climate Resilient Agrifood Systems in India', an official statement said. The initiative aims to develop an investment and partnership to advance climate-resilient agrifood systems among the government, private sectors, and farmers' organisations, and financial institutions in India, it said.
24.01 / 12:35
Cooper
Aware
Research
President
track
country
reports
Mint Explainer: Why India’s antsy about a Chinese ship heading to the Maldives
Mint breaks down why India is unhappy with the Chinese vessel making its way through the Indian Ocean to the Maldives. On Monday, news surfaced that a Chinese research vessel, Xiang Yang Hong 3, will be visiting the Maldives in the coming weeks. The vessel had earlier requested permission to visit Sri Lanka but this was denied.
24.01 / 11:23
Art
Aware
community
Persona
Diversity
social
inclusion
LGBTQIA: Brookfield joins hands with Aravani to use artwork to create awareness about inclusivity
Brookfield Properties on Wednesday unveiled an art project championing inclusivity at the recently built underpass in Ecoworld, Bengaluru in collaboration with the Aravani Art Project. The Indian public art collective, Aravani Project, brings together people from the LGBTQIA+ community to create awareness and wellbeing through art. Brookfield Properties aims to support and empower the community across its properties through such initiatives, the company said in a press statement.
24.01 / 08:05
Provident
Aware
SUN
Celebrity
country
rights
National Girl Child Day 2024: Is equity mutual fund better than Sukanya Samriddhi Yojana (SSY) for your daughter?
National Girl Child Day is celebrated in the country on January 24 every year to provide support and opportunities to the girls of India. It aims to promote awareness about the rights of the girl child and to increase awareness on the importance of girl education, and their health and nutrition, and also to promote the girls' position in society to make their living better.
24.01 / 05:59
Citi
Aware
Schools
rights
National Girl Child Day 2024: PM Modi lauds accomplishments of girls, calls them ‘change-makers’
Narendra Modi salutes the indomitable spirit and accomplishments of the Girl Child on National Girl Child Day, emphasizing the potential of every girl in all sectors. National Girl Child Day is observed to promote awareness about their rights and the importance of female education and health.
24.01 / 05:03
24.01 / 05:03
Provident
ETF
Aware
security
Trade
country
information
A comprehensive guide for NRO deposits in Indian banks
Navigating the intricacies of financial instruments is essential for anyone seeking to manage their funds effectively. One such instrument that expatriates and non-resident Indians (NRIs) often encounter is the Non-Resident Ordinary (NRO) deposit in Indian banks.
24.01 / 01:15
Aware
Healthcare
Celebrity
2020
Schools
Equality
inequality
National Girl Child Day 2024: Why the event is celebrated on January 24? History, theme and significance
Beti Bachao, Beti Padhao (Save the Girl Child, Educate the Girl Child). National Girl Child Day was established by the Ministry of Women and Child Development in 2008. Since then, every year the day has been celebrated across India with a common annual theme.
23.01 / 18:49
Aware
Fighting
Election
President
rights
International
AAP eyes three Haryana seats; Congress unit 'rebuffs' demand
Lok Sabha seats in Haryana, including two reserved for Scheduled Castes, as part of the INDIA bloc seat-sharing talks, spurring a fresh pushback from Congress' state unit. It put forth the demand for contesting Ambala, Kurukshetra and Sirsa seats, of which Ambala and Sirsa are reserved for Scheduled Castes, according to people aware of the development. The party said it would like to contest the three seats since they border Punjab, where it is in power, having won a landslide victory in the 2022 assembly elections. At present, BJP holds all 10 Lok Sabha seats in Haryana.
23.01 / 17:31
Aware
Gap
economy
Research
Experts
reports
International
India's statistics system has been a mess. The PMO is looking in.
The Prime Minister’s Office (PMO) has begun an important stock-taking of India’s statistical system in the wake of several controversies related to official surveys and estimates, according to two persons aware of the discussions in the government. Some of these controversies were around the reliability of growth estimates, delays in conducting some economic surveys and the census, comprehensiveness of sampling methods, and the gap in the number of covid-19 deaths estimated by India and the World Health Health Organization. Officials from the statistics and finance ministries are part of the effort led by PMO officials, one of the two persons said.
23.01 / 10:57
UPS
Aware
BlackRock
Deloitte
2020
reports
Byju’s warns about future after FY22 loss widens to ₹8,245 cr
BENGALURU : Edtech company Byju’s warned about its ability to continue operations after finally posting its financial numbers for fiscal year 2021-22, only to report that its losses had ballooned to ₹8,245 crore from ₹4,564 crore in the year prior. Hurt by continuing losses from operations combined with debt-related risks, Byju’s said in a regulatory filing on Tuesday that a “material uncertainty" existed. “These events and conditions cast significant doubt on the company’s ability to continue as a going concern," the company said in a filing with the ministry of corporate affairs.
23.01 / 04:51
COST
Provident
Aware
Airlines
cover
travelers
Travel Insurance: Flight cancelled or delayed due to fog? 5 important points to keep in mind
A total of 120 flights (domestic and international) were delayed on account of dense fog last Wednesday. Additionally, a total of 53 flights (including domestic & international) were cancelled because of fog and other operational reasons.
23.01 / 02:53
markets
Digital
Aware
Gap
Pool
innovations
rights
Lessons from the insurance sector could help other sectors
₹46,000 crore in premium collections transform into one with 57 mostly-private insurers today with ₹9 trillion in premiums. Our insurance penetration is at 4.2% of GDP in 2021-22, low compared to 7% globally. Certain risks remain un-insurable or insurable at prohibitive premiums, while cyber and data breach risks are inadequately addressed.
23.01 / 00:47
markets
UPS
IPO
Digital
Aware
Food
Schools
Prosus may have promoter tag in Swiggy’s $1 billion IPO
The Dutch-listed investment arm of South African conglomerate Naspers has been trying to bring its holding in Swiggy to below 26% from the current 33%, but its talks with potential investors haven’t been successful. Under Indian rules, a shareholder with a stake of 26% or more is termed a promoter, which puts restrictions on the shares it could sell after the IPO.
22.01 / 20:45
Provident
Aviat
Aware
Airlines
Boeing
band
information
Government panel to look into 5G deployment at airports
Ajay Kumar Sood has been tasked with resolving the contentious issue of rolling out 5G services in and around airports amid aircraft and passenger safety concerns. Senior officials aware of the move told ET that a wider panel has been formed «to work on the 5G matter» as no consensus was reached around timelines for replacing obsolete aircraft radio altimeters-a key device that provides vital altitude information to flight crews and on-board aircraft systems during landings in low visibility conditions. While the Directorate General of Civil Aviation (DGCA) and the Department of Telecommunications (DoT) have been holding discussions with telcos, airline operators and aircraft manufacturers, the issue has been in limbo for more than a year. In November 2022, the DoT had asked all mobile operators not to install any 5G sites in the 3,300-3,670 MHz band within 2.1 km of both ends of the runway at all airports in India, to avoid potential interference with aircraft radio frequencies. But it was only meant to be a temporary measure till altimeters of aircraft were replaced.
22.01 / 18:31
Aware
Racing
show
Adani, Jindal Power may join race for Hiranmaye Energy: Sources
Adani Power and Jindal Power are among companies likely to show interest in acquiring Hiranmaye Energy, a thermal power company which was recently admitted for corporate insolvency, said people aware of development. Hiranmaye Energy, formerly India Power Corp (Haldia), was admitted for corporate insolvency early this month at the behest of a petition filed by REC.
22.01 / 17:29
UPS
Target
Aware
security
social
information
Budget 2024: Rural jobs scheme may get 47% higher outlay of Rs 88,000 crore
interim budget for FY25 to be presented on February 1, as compared with ₹60,000 crore budgeted for this fiscal, a person aware of the details told ET. The government will allocate more should the demand exceed its initial expectation under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which is a demand-driven programme. The rural development ministry, in the pre-budget consultations, had sought ₹1.1 lakh crore for FY25, expecting higher demand for work and wage hikes. As for the current fiscal, the government has approved an additional ₹14,524 crore, over and above the budgeted ₹60,000 crore, as part of its first batch of supplementary demands for grants with an indication that more funds could be granted if required. The government had spent about ₹90,000 crore under the scheme in FY23.
22.01 / 17:19
Aware
Racing
Election
President
show
reports
US election
US election: Who's still in fray in New Hampshire primary and why it's important
Nikki Haley and Donald Trump, the Associated Press reported. Florida Gov. Ron DeSantis dropped his bid just two days before New Hampshire's primary.
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