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Myanmar's armed ethnic groups and the government forces, said Army Chief General Manoj Pande on Thursday, adding the Indian military is «closely watching» the unfolding developments. At a press conference ahead of the Army Day, General Pande described the situation near the Indo-Myanmar border as «concerning» and some of the insurgent groups are feeling the pressure in the frontier region of that country and are attempting to enter Manipur. «The situation across the Indo-Myanmar border is something that we are closely watching,» he said.

For beginners venturing into the world of stock market investing, understanding the intricacies of demat charges is crucial. A demat (dematerialised) account acts as a digital repository for your securities, making it essential to grasp the associated fees and charges. Here's a comprehensive guide to decoding demat charges for novice investors.

career professionals building a successful career path tend to switch jobs as they look to grab better growth opportunities. However, make sure you get all necessary documents from the organisation you have resigned before starting at a new company. Read our special placement series| Class of 2024

Sundararaman Ramamurthy, MD & CEO, BSE, Radhika Gupta, MD & CEO, Edelweiss AMC and Harsh Jain, Co-Founder & COO, GROWW, in conversation with ET Now And how it has now become easier like we were earlier highlighting to participate into the entire mutual fund schemes? Sundararaman Ramamurthy: Yes, it has become much easier today for anybody to participate. It is all in mobile. I am sure Radhika will be able to throw more light onto it. What are the efforts that you have taken to ensure that mutual fund, particularly in your case, the penetration improves and more and more investors are able to access your mutual fund?

tax saving many often turn to the Public Provident Fund (PPF). This is because of two key factors: the tax-free yearly interest and the annual compounding effect. The extended tenure of 15 years for PPF plays a significant role in amplifying the impact of compounding, particularly in the later stages of the investment period. Further, because the interest earned is backed by a sovereign guarantee, it makes it a safe investment option. It's essential to be aware that starting from the financial year 2020-21, individuals have the choice to opt for the old/existing tax regime, which includes various deductions and exemptions like those under sections 80C, 80D, 24, and more. Alternatively, they can opt for the new tax regime, which excludes these deductions and exemptions. If an individual chooses the new tax regime in the current financial year, they won't be eligible to claim commonly availed benefits such as deductions for investments in PPF, among others. Click here for FY 2023-24 tax-saving guide So, if you select the old or existing tax regime, here is how investing in PPF can help you save tax under section 80C of the Income-tax Act, 1961.

ICICI Prudential Banking & PSU Debt Fund, the topper in the category, offered 7.32% in 2023. Aditya Birla SL Banking & PSU Debt gave 6.86%. Sundaram Banking & PSU Debt Fund and Franklin India Banking & PSU Debt Fund gave around 6.84%. HDFC Banking and PSU Debt Fund gave 6.83%.

Creditors to Gayatri Projects (GPL), promoted by former Rajya Sabha MP T Subbarami Reddy, have voted to initiate liquidation proceedings against the company after rejecting the only bid from private equity fund Mark AB Capital Investment LLC, people familiar with the matter said. Mark AB was offering a total of ₹650 crore, of which only ₹50 crore was upfront cash, ET had reported in October. It was the only serious offer lenders had received, which has now been rejected because of its low value. «The voting which closed late last week showed more than 66% of the lenders are in favour of liquidation.

ecommerce roll-up model, in which a company acquires and scales up multiple brands, is showing clear signs of distress with key players pausing fresh buyouts as they look for capital, multiple people aware of the matter said. Goat Brand Labs, among the better funded startups in the sector, is racing against time to raise fresh capital amid a widespread slowdown, people aware of the matter said. The Tiger Global-backed startup’s travails come after nearly two years of record funding that helped roll-up ecommerce firms like Goat bulk up their portfolio of brands, spurred also by the entry of industry pioneer US-based Thrasio into the Indian market.

Samajwadi Party sources indicated on Wednesday that party chief Akhilesh Yadav was likely to skip the January 22 event in Ayodhya.

MUMBAI : Clients of India’s largest stock broker Zerodha are one of the driving forces behind BSE’s growing success in the derivatives segment since May 2023, after the exchange’s two decades of attempts to gain market share went in vain, people aware of the matter said. Interestingly, a spurt in Sensex volumes coincided with Zerodha teaming up with two related entities to raise its total shareholding in the exchange. The market share of BSE in the derivatives segment, dominated by National Stock Exchange (NSE), rose from a mere 0.004% in the June quarter to 7.38% in the September quarter and further to 15.8% in the December quarter.

Redburn analysts cut the rating on Apple (NASDAQ:AAPL) stock to Neutral with a price target of $200 per share price target.

Chicken seekh kabab is the most tried plant-based meat product followed by popcorn chicken, chicken samosa and chicken biryani, while soy milk is the most tried plant-based dairy product, followed by almond milk and oat milk, found a study on consumer awareness about alternative proteins, carried out by the Good Food Institute India (GFI India). GFI India, the central expert organization and convening body in the alternative protein sector, in collaboration with Kantar World Panel, unveiled a new study on consumer awareness, trial, and purchase behavior for plant-based meat and dairy today. «Coinciding with the global phenomenon of Veganuary, which inspires millions to try plant-based diets every January, the report sheds light on the evolving landscape of consumer adoption of plant-based alternatives to meat and dairy. With 377 products spanning 41 formats and 73 brands, the sector has witnessed rapid growth over the past few years, presenting consumers with an array of choices in plant-based meat, dairy, and egg categories,» said GFI in a media release.

₹ 50 crore in Series A funding round, led by Fireside Ventures, with additional participation from other angel investors contributing ₹15.6 crore. Amaha, formerly InnerHour, plans to use this funding to broaden and enhance its mental health services. Operating out of Mumbai, the company offers a variety of treatments and care plans for mental health conditions like anxiety, depression, bipolar disorder, ADHD, OCD, schizophrenia, and addictions, serving over 600 cities in India.

Shiv Sena MLA disqualification case, Shiv Sena (UBT faction) leader Sanjay Raut questioned the timing of an upcoming visit of Prime Minister Narendra Modi to the state ahead of the Lok Sabha elections. Alleging that PM Modi is «well aware» of the verdict in advance, Raut said Chief Minister Eknath Shinde is «illegally» running the government. "Match fixing… is going to happen in Maharashtra today at 4 pm. The Maharashtra Chief Minister (Eknath Shinde) is illegally running the government. For us, that is a crime.

amrit kaal’, or golden era, is eliminating hunger in India. That is why the government decided to extend the Pradhin Mantri Garib Kalyan Anna Yojana, or PMGKAY, scheme, which aims to provide free foodgrains to the poor for another five years beginning this month.

NEW DELHI : A failed bid by Algeria to join the Brics grouping has impacted a $1.5 billion oil and gas project between the country’s state-run Sonatrach and Indian conglomerate Larsen & Toubro Ltd, three people aware of the development said. Despite the engineering multinational in a favourable position to bag the contract, the award did not go through and the tender was cancelled.

public sector undertakings, and public financial institutions. Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because they invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk. These schemes have become extremely popular after the troubles in the debt mutual fund space three years ago. The debt market was rocked by downgrades and defaults not long ago. Many conservative investors stopped investing in debt schemes because they were scared of getting back their money.

A Nevada judge has approved a $100 million cash settlement to the parents of a 31-year-old British tourist who died in a helicopter crash at the Grand Canyon

NEW DELHI : Bhavish Aggarwal-led Ola Electric has sold more than 8,200 scooters to promoter group company ANI Technologies Ltd, which is looking to launch and expand its electric bike taxi service in various Indian cities. Ola Electric, which has filed draft papers for an initial public offering, confirmed the numbers to Mint. However, Ola Electric’s draft papers, filed on 22 December and that cite financials till 30 June, make no mention of the related-party transaction, implying these sales occurred in the six months after June.

Nithin Kamath recently shared some red flags to identify fake and shady loan applications that trap people with lucrative schemes and offers and then threaten them for repayment of loans on higher interest. In his social media post, Kamath warned his followers to be aware and alert of “shady, illegal" digital lending applications. He also mentioned some ways to identify such fraud applications.

NEW DELHI : After an expected spurt in the next fiscal year, government capital expenditure (capex) may grow at a more sedate pace in the years ahead as the Centre sets its sights on fiscal consolidation, two people aware of the plans said. The Union government may boost capex allocation by 25% to a record ₹12.5 trillion in 2024-25, Mint reported in November. However, the Centre is also keen to bring the fiscal deficit below the targeted 4.5% by 2025-26.