Aware Financial News

15.01 / 01:23

Provident FIVE Aware country reports Department guidelines India mulls reforming credit terms for other countries, may link to projects

NEW DELHI : India is considering reforming the lines of credit (LoCs) it grants to other countries to improve its economic diplomacy, persons aware of the matter told Mint. Proposed reforms include granting project-specific and fixed-period LoCs rather than generalized lines spanning several projects, the persons said, requesting anonymity. These proposed reforms, which come after requests from the borrower nations, will help reduce the interest burden on these countries, one of the persons added. So far, India has extended over 300 lines of credit to 65 countries with an estimated value of $30 billion.

14.01 / 18:29

markets Target FIVE Aware JPMorgan Sustainability inclusion Sovereign green bonds to make a comeback in budget

₹20,000 crore as part of the borrowing programme for fiscal year 2025 (FY25), two people aware of the matter said. A large chunk of these bonds may be sold in the second half of the next fiscal year, one of the two people said. Green bonds address the funding requirements for projects in solar, wind and hydropower sectors.

14.01 / 18:07

Aware Platform Action President country social rights India should be alert about proximity of Maldives to China: Shashi Tharoor

India should certainly be alert about the proximity of Maldives to China and the government must be aware of the danger that this represents, Congress MP Shashi Tharoor said here on Sunday. China has been attempting to expand its influence throughout India's periphery, he said at the 54th annual day of 'Thuglak' magazine here.

14.01 / 17:23

markets UPS Aware Gap Sustainability travelers RBI governor raises red flag on model-based lending

Edited excerpts: At the moment, the Indian banking sector remains resilient and robust. Even if you look at the unsecured consumer loans and some segments of personal loans, the numbers that we have before us are not particularly alarming. Even the NPA numbers are also within reasonable limits.

14.01 / 12:05

markets UPS Aware Department prevention Ayodhya Ram Temple news: Rajasthan bans liquor on Jan 22. List of other states declaring dry day on consecration event

Ayodhya on January 22, the Bhajan Lal Sharma government in Rajasthan Sunday declared consecration day as a 'dry day' across the state. Earlier, several other state governments have also declared the consecration day a 'dry day' and opted to prohibit the sale of alcohol across the state. The state units of Bharatiya Janata Party (BJP), where the party is not in power, are demanding a ban on the sale of liquor on the consecration day.

14.01 / 10:37

Aware security Parke Death President Department prevention Three migrants drown at US border as Texas, White House feud

By Jonathan Allen

14.01 / 07:57

UPS Provident Waters Aware Assurant Indian armed forces one of the finest in the world: IAF chief

Indian armed forces have transformed with changing times to meet the challenges of the «entire spectrum of warfare,» IAF Chief Air Chief Marshal V R Chaudhari said on Sunday. In his address at an event hosted here to mark the 8th Armed Forces Veterans Day, he also asserted that resilient spirit, leadership, and vision of its veterans have laid the foundation of today's armed forces. The programme held at Manekshaw Centre in Delhi Cantonment was also attended by Navy Chief Admiral R Hari Kumar, various senior officers of the three Services, a large number of veterans or their family members.

14.01 / 05:55

UPS Provident Aware information Courts rights How to claim unclaimed deposits and investments? A step-by-step guide

Did you know that a whopping total of ₹42,272 crore are sitting with banks as unclaimed deposits as of the end of March 2023, and around ₹2,637.94 crore of unclaimed dividends and units are lying with mutual fund (MF) houses?

13.01 / 12:51

Waters Aware Fighting Injustice Former PM Deve Gowda vows to fight for Cauvery water till his last breath

Prime Minister H D Deve Gowda on Saturday lamented that injustice has been meted out to Karnataka and only Narendra Modi, «who is set to become Prime Minister again» can solve the Cauvery water problem. The 90-year-old JD(S) patriarch vowed that he would fight for the Cauvery cause till his last breath. At a press conference at the JD(S) party office here, he said only Modi has the power to solve the Cauvery water crisis which Karnataka is facing.

13.01 / 11:55

Provident Aware Election RAI Courts Centre AAP alleges Delhi's slum clusters being demolished by BJP-led Centre, announces campaign against it

slum clusters in the national capital, the AAP's Delhi unit convenor Gopal Rai on Saturday said the party will launch a campaign against it and hold a protest outside the BJP headquarters here. It was decided at a meeting of AAP MLAs that the "Ghar Bachao, BJP Hatao" campaign would be launched on Sunday from New Delhi.

13.01 / 06:27

markets Provident Aware Strategy Research performer information Financial Chasing Financial Success: Daniel Kahneman's 'Thinking, Fast and Slow' teaches 4 valuable investing lessons

investing lessons include: “The best we can do is a compromise: Learn to recognise situations in which mistakes are likely and try harder to avoid significant mistakes when the stakes are high." This statement encapsulates the essence of navigating life with an acknowledgment of both our cognitive strengths and limitations. Recognising that errors are an inherent part of the human experience marks a crucial initial stride toward becoming a more insightful and efficient individual.

13.01 / 06:13

UPS Citi Aware Celebrity performer country Ram Mandir inauguration: Dry day declared in these states on Jan 22; check full list here

As per temple officials, the ceremony will be held for seven days starting from January 16. Preparations are underway in full swing for the Ram Temple 'Pran Pratishtha' on January 22, which will draw dignitaries and people from all walks of life. Read More: Ram Mandir: Railways to run 1,000+ trains to Ayodhya from 25 cities across the country.

13.01 / 03:05

markets Aware Trade Celebrity Makara Sankranti: Is it a bank holiday? Check here

festival is also known by other names in different states. Uttarayana Punyakala, Makara Sankranti Festival, Maghe Sankranti, Pongal, and Magh Bihu are all celebrated on the same date – January 15.

12.01 / 10:19

UPS Provident Aware Action Research Scandals FTX Sam Bankman-Fried Avoids Second Trial

Prosecutors in the United States have made the decision not to proceed with a second trial against Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX, which has since gone bankrupt. The FTX drama has reached a turning point with this judgment, which comes after the company was found guilty of stealing from clients a month ago. Bankman-Fried was found guilty on all seven counts of fraud and conspiracy on November 2 by a jury. The charges were on the theft of $8 billion from FTX customers. As a result of this conviction, the former billionaire, whose personal wealth had earlier reached a staggering $26 billion, experienced a huge economic setback.

12.01 / 06:15

Aware Strategy wellness reports isolate prevention Fear of sanctions keeps SBI off Russian oil deals

NEW DELHI : State Bank of India (SBI) has long avoided payment transactions for Russian oil bought by state-run refiners to avert US sanctions that came into force on 5 December 2022, two people aware of the matter said. SBI, India’s largest lender, is the authorized dealer bank for foreign transactions of state-run refiners. The sanctions of the US treasury department’s Office of Foreign Assets Control on maritime transportation of the Russian Federation-origin oil took effect on 5 December 2022, and for seaborne transportation of petroleum products on 5 February 2023.

11.01 / 20:51

Aware cover information reports Courts rights Investigations Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading

A consumer advocacy group filed a lawsuit against Starbucks Wednesday, saying the company’s claim that its coffee is ethically sourced is false and misleading

11.01 / 20:19

UPS FIVE Extreme Aware Fighting stage AFC Asian Cup is the most important tournament for India: Sunil Chhetri

All eyes will yet again be on Sunil Chhetri as he leads India at the AFC Asian Cup on Saturday against Australia. First things first, it is a very tough group and India’s chances of making the next stage is limited. Having said that, a good fight against Australia and Uzbekistan and a win against Syria could lay the groundwork for the World Cup qualifiers against Afghanistan in March. Chhetri talks to ET about the importance of the Asian Cup, India’s chances in the World Cup qualifiers and more. Excerpts: How important is the AFC Asian Cup. Could you help put things in context? Except the five teams from Asia that go on to play the World Cup, every other Asian team looks at the Asian Cup as the World Cup.

11.01 / 18:43

markets Aware Manufacturing Healthcare country hospital reports Apax initiates sale of Healthium Medtech

British Private equity firm Apax Partners has started the process to sell Healthium Medtech, the largest homegrown surgical sutures manufacturer, said multiple people aware of the development. The proposed sale is expected to value the company at ₹6,500-₹7,000 crore ($850 million), said sources. Healthium (formerly Sutures India) is the fourth largest surgical suture manufacturer in the world and the second largest in the country with a market share of about 18%.

11.01 / 18:43

Digital Aware CEO Food PepsiCo President Schools PepsiCo's Jagrut Kotecha emerging as top contender for CEO role in India operations

PepsiCo's senior vice president and chief commercial officer at its AMESA (Asia, Middle East and Africa) region, Jagrut Kotecha, is now the frontrunner to head India operations, multiple executives aware of the developments said. «Kotecha is a top contender for the role of president and chief executive officer for its India business now, as his decades-plus experience in PepsiCo's snacks business is being preferred by the global leadership,» one of the executives said.

11.01 / 18:43

FIVE Aware Fighting MVA allies discuss 20-18-10 formula, but seat allocation stays unresolved

Nationalist Congress Party (Sharad Pawar) faction are discussing a deal whereby the Congress gets to contest in 20 Lok Sabha seats while the Sena (UBT) and NCP(S) will contest on 18 and 10 seats respectively in Maharashtra. While the contours of the deal are being discussed, sources said that the seat-sharing talks are far from complete. «We believe the '20,18,10' formula would be a win-win for everyone and should keep everyone happy.

11.01 / 15:01

Blockchain Aware CEO Actor Investigations NOT British Actor Who Posed as HyperVerse CEO Apologises, Says He Was Not Aware of the Scam

Stephen Harrison, a British actor based in Thailand, has publicly apologized for his involvement in the HyperVerse cryptocurrency scandal .

frequently asked questions about Aware

What is Aware and why is it important?

Aware is a trending topic that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Aware?

All recent news about Aware can be found in the dedicated section. We publish information in a timely manner.

How can I verify the accuracy of information on Aware?

We consult with professionals to ensure that the information about Aware is reliable and helpful for our readers.