Consequences Financial News
25.03 / 04:27
UPS
SUN
Align
Tapestry
Celebrity
consequences
Chandra Grahan 2024: Penumbral Lunar Eclipse to coincide with Holi celebrations. 5 facts to know
Earth positions itself between the Sun and the Moon, partially obstructing the Sun's rays from reaching the lunar surface. Unlike a total lunar eclipse, during a penumbral eclipse, the Earth casts a faint outer shadow (penumbra) on the Moon, resulting in a subtle dimming or shading of its surface. According to astronomical calculations, the penumbral lunar eclipse will commence on March 25, 2024, at 10:24 AM (Indian Standard Time).
25.03 / 03:31
markets
UPS
Manufacturing
Food
trends
consequences
Schools
etmarkets
ETMarkets Smart Talk: After a blockbuster FY24, watch out for rupee depreciation and monsoon in FY25: Dr Poonam Tandon
“One of the important risks to the macro environment this year is rupee depreciation and consequently its impact on CAD,” says Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life. In an interview with ETMarkets, Tandon said: “Another challenge is the monsoon (if it's going to be a normal one with good spatial distribution) as food prices are already at elevated levels,” Edited excerpts: It has been a volatile month so far – what is fueling volatility in the markets? Dr Poonam Tandon: This month has been volatile for equity markets as a few announcements by the regulators caught the market by surprise – be it restricting IIFL Finance to disburse fresh gold loans followed by restriction on JM Financials for IPO financing and later the ED raids as reported in the media.
24.03 / 18:37
Election
consequences
Courts
rights
politician
Investigations
Why the arrest of Kejriwal may have big consequences
There might be some people who think like this: India’s Enforcement Directorate (ED) is an independent investigative body that has gone after some key people in the Aam Aadmi Party (AAP) purely to rid the nation of corruption. But I personally do not know a single person who thinks this.
24.03 / 15:41
UPS
Provident
Trade
consequences
reports
Department
International
Starlink's services in India set to face delays
Mint had reported in January that the department of promotion of industry and internal trade (DPIIT) had asked for details of its shareholding patterns. The company is learnt to have cited US regulations for not providing the details of complete disclosure of ownership, as required by the commerce ministry, in this case.
24.03 / 07:59
Platform
Food
social
exclusive
consequences
Interviews
rowing
‘Listening, without unnecessary ego…,’ Zomato's Deepinder Goyal on how ‘Pure Veg’ fleet row was resolved
Zomato's top executives were on Zoom call lasting more than 20 hours after the food aggregator announced of their 'pure veg' food delivery service, which led to huge backlash, chief executive officer Deepinder Goyal told NDTV in an interview. This service by Zomato will exclusively enlist restaurants offering solely vegetarian cuisine. Delivery partners assigned to this service will strictly deal with vegetarian food packages and will not handle any non-vegetarian items.
22.03 / 20:17
UPS
Platform
Action
Netflix
consequences
reports
Anticipation peaks for One Piece Episode 1098: What to expect and where to watch
Vegapunk in the One Piece anime has left fans buzzing with excitement, laying the groundwork for further exploration of this enigmatic character in the upcoming One Piece Episode 1098. Following the intense aftermath of the Oharan Genocide revisited in the previous episode, fans are eagerly awaiting the release of the next installment. Here's everything you need to know about One Piece Episode 1098, from its release details to the expected plot and where to watch.
22.03 / 17:51
Target
Reuters
Manufacturing
Action
Strategy
Remark
consequences
Nike shares fall 8% as shoemaker anticipates drop in sales
Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside "What we heard on this quarterly call was that the merchandise margin recovery was coming slower largely due to management actions (reducing core product lines) and that sales through 1H25 would remain in negative territory," Barclays analyst Adrienne Yih, was quoted as saying by Reuters The brokerage Barclays slashed its price target by 20% to $114, marking the most significant adjustment on Wall Street following the latest results. Investors were particularly attentive to executives' remarks, highlighting Nike's prolonged direct-to-consumer (DTC) strategy's failure to spur growth as anticipated. Consequently, the leading sportswear manufacturer is pivoting its focus towards revitalizing relationships with its wholesale partners.
22.03 / 16:37
Food
President
country
social
consequences
medicines
peace
Milei’s first 100 days: Argentines struggle to make ends meet as support for president remains high
A butcher shutting down his shop barely eight months after opening it
22.03 / 15:43
UPS
Reuters
Manufacturing
consequences
reports
Russia warns Japan of 'serious consequences' if Patriot missiles made there end up in Ukraine - RIA
Russia's newly appointed ambassador to Japan has warned Tokyo of serious consequences and retaliatory steps if Patriot missile systems manufactured under U.S. licence in Japan end up in Ukraine, the RIA news agency reported on Friday. RIA cited the new envoy, Nikolai Nozdrev, as saying that Moscow would be watching closely to see where Japanese arms exports ended up after Tokyo softened its export rules at the end of last year. In particular, he said, Russia would be watching to see if and when any Patriot missile complexes and missiles made in Japan under U.S. licence are exported to the United States and then to Ukraine.
22.03 / 09:45
MET
Refugees
War
country
consequences
Australia, Britain warn of potentially devastating consequences of Israeli operation in Rafah
Australia and Britain said in a joint statement on Friday there were potentially devastating consequences of an Israeli ground invasion of Rafah in Gaza. «Given the large number of displaced persons taking refuge in the area and lack of safe spaces in Gaza, ministers shared deep concern at the potentially devastating consequences for the civilian population of an expanded Israeli military operation in Rafah,» the statement said. Israel says a ground invasion of Rafah is necessary to eliminate Hamas, despite countries including the United States warning of dire consequences for the more than a million Palestinians who have sheltered there since being displaced elsewhere in the Gaza Strip during the five-month-old war.
21.03 / 19:27
markets
Provident
Digital
Experts
performer
consequences
innovations
Regulating AI in finance looks like a wild goose chase
We humans are a sceptical bunch. When new technologies emerge, we view them with apprehension, worrying about their potential negative impact on our lives and future. However, as they reveal their wonders, we often embrace them without question, placing our trust in their ‘capabilities’ without fully considering the consequences.
21.03 / 12:55
COST
UPS
Provident
consequences
Department
Mutual funds get GST notices for exit load
The Directorate General of Goods and Services Tax Intelligence (DGGI) has sent show-cause notices to a number of mutual fund (MF) companies in recent weeks, seeking to recover a tidy sum from them as goods and service tax (GST) on exit-load charges. According to an official source, the amount being sought to be recovered from the MF firms could be over Rs 150 crore.
21.03 / 12:37
UPS
FIVE
SEC
consequences
These ELSS mutual funds gave over 20 percent annualised returns in the past five years. Check details
power of compounding. The rationale behind is quite simple. An investment, when remains invested for too long, appreciates faster in the latter part of the tenure vis-à-vis the earlier part.
21.03 / 08:35
Provident
Citizens
security
Justice
show
consequences
Courts
Banks should pass reasoned orders while declaring entity/person wilful defaulter, says Bombay HC
Bombay High Court has said banks and financial institutions should pass reasoned orders before declaring an entity or person a wilful defaulter under the Reserve Bank of India's Master Circular. A division bench of Justices B P Colabawalla and Somasekhar Sundaresan, in its order on March 4, noted that wilful defaulters are ostracized from access to the financial sector and hence, the discretion given to banks under the circular should be exercised with caution as mandated by the RBI. «Banks and financial institutions that seek to invoke the Master Circular to declare occurrence of wilful default, must share the reasoned orders passed by its Identification Committee and Review Committee,» the HC said. The bench was hearing a petition filed by Milind Patel, former joint managing director of IL&FS Financial Services Limited (IFIN), challenging an order passed by the Union Bank of India in February 2023 declaring the firm and its promoters wilful defaulters under the 2015 Master Circular issued by the RBI.
21.03 / 08:21
UPS
Booking
Death
War
consequences
A tougher sentence for Hitler in 1923 could have changed history
1923. By Mark Jones. Basic Books; 432 pages; $32 and £25 The young murderers were out for more than blood.
21.03 / 08:13
Target
Man
hospital
consequences
reports
Videos
Badaun double murder case: Police arrest second accused Javed. Here's what he said after surrender. Watch video
Badaun double murder case, Uttar Pradesh Police today arrested Javed, the second accused, from Bareilly on Thursday. As per reports, Javed surrendered before the police. Javed had been evading law enforcement since the tragic incident on Tuesday evening, where two children lost their lives. His brother, Sajid, identified as the primary suspect, faced fatal consequences as he was confronted by the police in an encounter merely two hours after the crime occurred. Confirming the arrest, IG Bareilly range R K Singh stated, «Javed was arrested on Thursday.» In a video recorded subsequent to his arrest, Javed expressed, «I ran straight to Delhi after the incident, and from there, I have come to Bareilly to surrender. I have received phone calls from people about what my brother did.» He maintained that he had no knowledge of his brother's motives behind the heinous act and asserted that he fled out of concern for his own safety.
21.03 / 06:57
Waters
security
Bill
Experts
performer
consequences
reports
These are 4 ways in which utility bill payments impact your credit score? Details here
credit score. So, utility bills can impact your credit score. Unlike credit cards or loans, utility bills are not reported to CIBIL, unless they are sent to collections.
21.03 / 06:17
Waters
WhatsApp
consequences
travelers
Department
Features
Traffic
Pragati Maidan tunnel in Delhi to be closed for nearly a month. Here are closing timings, dates, alternate routes
Delhi Traffic Police has issued a warning to commuters, advising them against using the Pragati Maidan tunnel due to ongoing maintenance work starting March 19. The tunnel is scheduled to be closed every day from midnight to 6 am until April 18, with additional full-day closures on March 24, March 31, and April 7. The repair and maintenance operations are being overseen by the ITPO project division of the Public Works Department (PWD). According to PWD officials, the closure primarily aims to address persistent issues of water leakage within the tunnel structure. «Usually, the tunnel is closed after midnight for routine maintenance work. But we needed more time to carry out repair work to fix the problems of leakage inside,» stated an official involved in the maintenance efforts.
20.03 / 19:19
UPS
CEO
Airlines
wellness
consequences
rights
Air India has changed since its takeover by Tata Group, says CEO Campbell Wilson
Air India has seen a cultural transformation after its takeover by the Tata Group, triggered by infusion of new employees and training, managing director Campbell Wilson said. The takeover of the airline has seen Air India hire new employees and part with some of the older staff. The average age of employees has come down to 34 years from 54 after its privatisation, Wilson said at the Skift India Summit 2024 on Wednesday. «There had been no recruitment in non-flying staff for the last 15 years (before the acquisition in 2022). We have been able to recruit a whole bunch of people not only for necessity but also for their competency and bring down the average age of employees,» he said.
20.03 / 16:41
markets
FIVE
security
Trade
consequences
information
prevention
Yogesh Garg's services terminated in front-running trades case, says LIC
Life Insurance Corporation (LIC) on Wednesday said it terminated services of Yogesh Garg against whom a confirmatory order issued by capital market regulator Sebi in front-running trades case. Front-running refers to an illegal practice in the stock market where an entity trades based on advanced information from a broker or analyst before the information has been made available to its clients. Sebi on Tuesday confirmed a securities market ban on five entities, including an employee of Life Insurance Corporation of India (LIC), in a case pertaining to front-running trades of the state-owned insurer.
19.03 / 20:05
markets
ETF
Trade
Bitcoin
Inside
consequences
Interviews
Bitcoin In Correction Amid Profit Taking and Fed Meeting Jitters, Crypto Stocks Tank
Bitcoin (BTC) was trading just a shade under $65,000 Tuesday afternoon ahead of the Federal Reserve’s interest rate decision tomorrow. The sell-off spilled over to the broader crypto markets, dragging down other tokens and crypto-related stocks.
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