Booking Financial News

New Delhi: States with relatively high revenue deficits such as Punjab, Himachal Pradesh, Kerala, West Bengal and Andhra Pradesh must take a leaf out of their healthy counterparts' book, Krishnamurthy V Subramanian has told ET, adding that the fiscal position in those states is a matter of concern even as the overall situation seems to have improved from the peak of the pandemic. Likening their fiscal situation to «aamdani atthanni kharcha rupaiya» (spend twice than you earn), Executive Director of the International Monetary Fund (IMF) said «there is no option for these states but to implement some necessary, though not popular, decisions to tighten their fiscal belts by reducing unproductive expenditures.» The fiscal situation of these states is like a leaky boat that can have only one outcome — «sink», he added. «These states should look to learn from Uttar Pradesh, Maharashtra, Madhya Pradesh, Karnataka and Tamil Nadu, which together accounted for more than 40% of the combined capital outlay undertaken by all states during the last five years,» Subramanian said in an interview over phone and email from Washington. «The states can also look to emulate Gujarat's Atmanirbhar Gujarat Policy for assistance to mega industries in sectors such as green energy ecosystem, mobility, capital equipment, metal and minerals, and gems and jewellery,» he added. Subramanian, who had earlier served as India's Chief Economic Advisor, further said the states with large revenue deficits will find it tough to get out of debt as these are also the states where the growth rate of state GDP is not so high. Conceptually, a revenue deficit implies that the revenue receipts of a state are not sufficient to meet its revenue expenditure,

economic conflicts, such as worker strikes, have been on the wane, the vicious circle of low employability, leading to few jobs, mass unemployment and frustration, is now showing up in new forms of social conflict,” former RBI governor Raghuram Rajan and economist Rohit Lamba write in their new book Breaking The Mould. They cite the conflict over reservations in Manipur and the substance abuse problem among Punjab’s youth as examples of how these frustrations are being channelled.

BSE Sensex snapped its longest weekly winning streak in six years, over profit booking at record high levels earlier in the week. On the stock-specific front, HFCL, Kiri Industries, Hindustan Copper, SVP Global, Arvind, Cyient, SpiceJet, Heritage Food, Thermax, Coffee Day Enterprises, INOX Borax, Sangam India, V-Mart Retail, MSTC, IIFL Securities, HCL Infosys, and others are among the smallcaps that logged a double-digit rise in their share prices last week.

₹34 crore on the second day of release, according to sacnilk.com, and the total global collections stands at ₹127.98 crore. Adding more, the site said that Salaar: Cease Fire - Part 1 had an overall 71.73 percent Telugu occupancy on Saturday, 36.26 percent Malayalam occupancy, 26.69 percent Tamil occupancy, 54.93 percent Kannada occupancy, and 25.07 percent Hindi occupancy.

Azad Engineering IPO: Bidding for the initial public offering (IPO) ended on 22md December 2023 and now those who have applied for the public issue are eagerly waiting for announcement of Azad Engineering IPO allotment date, which is most likely on 26th December 2023. In three days of bidding, Azad Engineering IPO subscription status informs that the book build issue got subscribed 80.65 times. Meanwhile, despite record subscription status, grey market sentiment has gone down in regard to Azad Engineering IPO.

Dunki' director Rajkumar Hirani shared amusing insights into how he managed to sidestep the enchanting charisma of none other than Shah Rukh Khan during the filming of their latest venture. Known for his irresistible charm, King Khan's magnetic allure often leaves a lasting mark on his co-stars and directors alike. Hirani, in an exclusive interview with Zoom, disclosed the unconventional measures he adopted to stay focused on his directorial duties.

Karti Chidambaram told reporters the Chinese Visa case was ‘dead, dormant, and closed’. Congress MP Karti Chidambaram is accused of receiving ₹50 lakh to facilitate the issuance of visas for 263 Chinese nationals, so that they could complete work on power project in Punjab. Calling his appearance before the investigative agency a ‘routine affair’, Karti Chidambaram noted that it was his 20th appearance before the Enforcement Directorate.

Happy Forgings IPO timeline After the allotment gets finalised, investors can expect the transfer of shares in their demat accounts on December 26, Tuesday. For those who did not get allotment, the refunds are likely to be made by Tuesday.

continue their run on Dalal Street, retail investors have more reasons to cheer than one. Sceptics may say that the music may stop anytime, but the optimists argue that it is hard to stop dancing when the music is still on. Both benchmark indices have hit their lifetime highs in quick succession on numerous occasions in the past couple of months.

Some writers sell fantasy, romance or mystery. Former Navy SEAL Jack Carr trades in his precise knowledge of guns and battlefield tactics. In Carr’s latest novel, “Only the Dead," battle-scarred James Reece opens a family trunk full of deadly weaponry.

India Today report, the case has been registered under Section 323, 504, 427 and 325 of the IPC. As per media reports, the incident occurred on 7 December. Bindra and his mother Prabha got into a heated argument, when Yanika tried to intervene, she was physically attacked by Bindra.

Motisons Jewellers IPO: After allotment of shares, lucky allottees are eagerly waiting for Motisons Jewellers IPO listing date, which is fixed on 26th December 2023. Those who have applied for the book build issue need not to move from pillar to post and check Motisons Jewellers IPO allotment status. They can check their application online by logging in at the BSE website or at the website of Motisons Jewellers IPO refistrar — Link Intime Private Limited.

Salaar box office collection Day 2: Salaar is expected to maintain its box office dominance on Day 2, roaring past initial projections with an estimated net collection for Day 1 of ₹95 crore across India. The movie has already collected nearly ₹20 crore ( ₹19.7 crore) on its second day, according to the advance booking data available on Sacnilk. The Telugu version remains the powerhouse, with an expected estimate of around ₹14 crore.

brave and vital book follows eight people, including a doctor at a small hospital, an unlicensed driver of a motorcycle taxi, and a citizen journalist, whose daring efforts resulted in a prison sentence. Read more of our guides to the cultural treats of 2023 Since the early 2000s, the number of Mexicans who have disappeared and not yet been found has risen from a handful to more than 100,000. A journalist for the New York Times tracks Miriam, whose youngest daughter is kidnapped and then killed by the Zeta gang.

Suraj Estate IPO: Allotment status of the initial public offering (IPO) of Mufti brand's patent company Suraj Estate Developers Limited has been declared. Those who have applied for the public issue can check Suraj Estate IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited.

Happy Forgings IPO: Allotment status of applications for the initial public offering (IPO) of Happy Forgings Limited has been declared. Those who have applied for the public issue can check Happy Forgings IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited.

Credo Brands IPO: Allotment status of the initial public offering (IPO) of Mufti brand patent Credo Brands Marketing Limited has been declared. Those who have applied for the public issue can check Credo Brands IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited. After declaration of Credo Brands IPO allotment, focus has now shifted towards Credo Brands IPO listing date, which is most likely on 27th December 2023.

Christmas and year-end season? Pretty much everywhere! Going by most accounts, the October to December quarter this year is likely to be a bumper quarter for the travel and hospitality sector with most companies claiming to have an even better momentum than in 2019. «There is a lot of talk about high airfares but the important thing to note is that people are travelling,» said Rajesh Magow, cofounder and group CEO of MakeMyTrip. «Typically, international travel bookings, even for short-haul travel, are made a couple of weeks or more in advance. However, with markets such as Thailand and others making the entry process a lot easier, we are seeing advance purchase windows for these destinations becoming shorter, in many cases, stretching to a couple of days,» he said. As per MakeMyTrip data, the top destinations for the last week of December in the domestic sector include Goa, Rajasthan, Varanasi, Kerala, Rishikesh and Kashmir. In terms of international flight bookings, popular destinations such as the UAE, Thailand, Singapore, and Indonesia continue to be favourites.

Percy Jackson and the Olympians" takes a majestic plunge into the realms of ancient Greek mythology, unraveling the mysteries of gods and demi-gods. Among the divine figures emerging from the narrative is Poseidon, the formidable ruler of the seas, portrayed in the show with both anticipation and a fresh perspective.

In 2023, technology executives racing to keep ahead of the almost-daily advances surrounding generative AI continued to seek answers and inspiration in a centuries-old format: books. We asked some to share their favorites, included here along with a handful of notable reads from CIO Journal’s library. Books on AI were top of the list for many—no surprise—along with guides on winning in the new, AI-enabled competitive landscape.

₹135.9 apiece, which was 4.3% lower than the IPO price of ₹142 per share. At current levels, the stock is still trading 1.40% below its issue price. However, according to recent projections from brokerage house Investec, there may be a potential reversal of this trend going forward, driven by the company's increasing market share.