Consequences Financial News

20.12 / 12:11
Provident Software awards wellness consequences Courts Permanent alimony of Rs 500 crore sought by wife from US based husband; SC grants Rs 12 crore and warns against misuse of 498A
alimony case, domestic violence and divorce petition, all of them. The wife even filed an FIR against his 85-year-old father, his son from first marriage, his aunt's son, his relatives and his ex-wife who lives in the USA. There was also a twist in this case as the lawyer representing the wife said she wanted to get back with him. However, the husband declined this offer and sought divorce on the ground of cruelty. Moreover, the husband filed a police complaint against his wife claiming that she threatened him with dire consequences like taking her own life and filing false criminal cases against him and his family. The primary reason behind the long police, family court, supreme court proceedings was demand for more alimony by wife after taking Rs 12 lakh from her husband during the course of their married life. This was despite his wife having Rs 1.05 crore worth of bank FDs, cash, etc. His wife argued that he had both the means and ability to provide more alimony. She also claimed that her husband had Rs 5,000 crore worth of assets, a USA based business and multiple house properties in Pune, Bhopal and in other cities. While the husband was ready to offer Rs 20 to 40 lakh as permanent alimony, his wife demanded at least Rs 500 crore and one of the properties owned by the husband's 85-year-old father.
20.12 / 06:33
markets COST Strategy Software PAM consequences Schools Realty developers urge govt to reconsider proposal to bring FSI, additional FSI under GST
Realty developers’ body CREDAI has written to the finance minister Nirmala Sitharaman urging a review of the proposal as the move would result in a substantial incremental impact on project costs, pushing housing prices up by around 10% across various property markets of the country. “FSI/ additional FSI charges constitute a significant part of the project cost, and the proposal to impose 18% GST on such charges could prove to be counterproductive and act as a deterrent to housing supply and demand, owing to additional financial obligations and increasing housing prices as a direct consequence. We strongly request and recommend to the Government to keep the FSI charges exempt from GST,” said Boman Irani, president, CREDAI.
19.12 / 06:13
markets UPS economy track consequences reports Investigations The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
18.12 / 13:25
Waves MET Remark rapper consequences Podcasts Is Jay-Z’s ‘Marriage Contract’ with Beyonce the secret behind his success? 50 Cent thinks so
“When Jay signed his contract, the big one was with Beyoncé,” 50 Cent remarked. “When he signed that contract, the marriage contract, he got trophies. Now those trophies came rolling in, buddy.” He further added that Jay-Z had only one Grammy before his marriage to Beyoncé but now boasts over 20. This playful yet pointed comment was met with laughter from the podcast panel, but it also sparked a wave of reactions online.
16.12 / 15:17
markets Digital Apple Software Refugees show consequences Silo Seasons 3 and 4: Apple TV+ show’s renewal, storyline and cast
Silo will end after its fourth season. The show is currently airing its second season, and new episodes will continue until January 17, 2025.
11.12 / 17:53
Action Destiny love consequences rights peace Good karma ends tension
karma gets recorded in the soul. It brings consequences either in this life or in the life after. With inner powers, we can create right karmas and face consequences of wrong karmas with equanimity. Do you take credit for situations when life is smooth? Do you blame God or other people when life hits a rough patch? Do you believe you create your destiny or consider it pre-destined? We make our destiny good or bad according to the quality of karma, response or reaction we render to what is happening to us, and it's our choice. Let's create the right thoughts, words and actions. Good karma settles past karmic accounts and creates a pleasant experience now, and a rich destiny for the future. Let's not focus on what people and situations do to us, let's focus on our karmas. Your every thought, word and deed should be pure, positive and powerful, irrespective of circumstances.
10.12 / 15:43
markets Digital Strategy Software consequences prevention Courts Courts must exercise caution in dowry cases to prevent misuse of law: SC
Supreme Court on Tuesday said courts must exercise caution in dowry harassment cases to prevent misuse of law and avoid unnecessary trouble to innocent family members observing a tendency to implicate husband's kin. A bench of Justices B V Nagarathna and N Kotiswar Singh said a mere reference to the names of family members in a criminal case arising out of a matrimonial dispute, without specific allegations indicating their active involvement, should be nipped in the bud. «It is a well-recognised fact, borne out of judicial experience, that there is often a tendency to implicate all the members of the husband's family when domestic disputes arise out of a matrimonial discord. Such generalised and sweeping accusations unsupported by concrete evidence or particularised allegations cannot form the basis for criminal prosecution,» it said. The top court, therefore, said courts must exercise caution in such cases to prevent misuse of legal provisions and the legal process and avoid unnecessary harassment of innocent family members.
10.12 / 15:15
FIVE Progressive Election War stage consequences Courts Israel’s Netanyahu testifies in his corruption trial for first time
Subscribe to enjoy similar stories. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu took the stand on Tuesday to testify in his long-running corruption trial even as he manages a multi-front war—underscoring the tensions around his leadership Netanyahu, who will be the first sitting Israeli prime minister to testify in his own trial, was indicted in 2019 for corruption, fraud and breach of trust, charges he denies. Despite repeatedly requesting an extension because of Israel’s war in Gaza and in Lebanon, the courts said he must be available to testify three times a week for six hours at a time over the next few weeks.
05.12 / 01:49
markets COST Manufacturing economy consequences information reports Wedding season blues: Garment makers caution against GST rate hike
Subscribe to enjoy similar stories. New Delhi: An increase in the goods and services tax (GST) rate on certain readymade garments, currently being discussed by a ministerial panel, could be a dampener for the ongoing wedding season, textile manufacturers said. According to estimates from the Clothing Manufacturers Association of India (CMAI), bridal wear accounts for 10-12% of the total clothing market, underscoring its significance.
04.12 / 10:33
UPS Waters Virus performer consequences Features Simplify home cooking with the best kitchen appliances such as water purifiers, mixer grinders and more from top brands
Best juicer mixer grinders for home: Top 10 options for home made and fresh juice every dayThe Pigeon Amaze Plus Electric Kettle combines functionality with a sleek design. Its stainless steel body with a mirror-polished finish complements any kitchen style.
04.12 / 04:09
markets COST Action Discover wellness trends consequences Monetary policy review: RBI should stick to its price stability mandate
Subscribe to enjoy similar stories. One of the lingering effects of covid—‘long covid’—is that economic growth has begun to look a bit like the Sensex, albeit in slow motion. So if GDP growth in the second quarter of 2024-25 surprised on the downside at 5.4%, the lowest in the last seven quarters, 2023-24 was a different story altogether, with second-quarter growth clocking 8.1%.
01.12 / 04:27
markets economy Trade War country consequences Pharmaceuticals Donald Trump's 100% BRICS Tariff threats: How India could be affected in a renewed trade war
Donald Trump prepares for his second term as US President, his aggressive trade stance is already creating ripples in the global economy. A key element of his protectionist policies is the threat of imposing 100% tariffs on BRICS countries, including India, if they move away from using the US dollar in international transactions. This bold stance, declared through a scathing social media post, could have severe consequences for India’s exports, particularly in critical sectors such as pharmaceuticals, textiles, and information technology. Trump’s remarks come in response to discussions among BRICS nations, which include Brazil, Russia, India, China, and South Africa, regarding the possibility of reducing their reliance on the US dollar for trade. A summit held in Russia in October focused on increasing local currency transactions, a move that Trump has now vowed to challenge. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote, warning that any country attempting to replace the dollar with another currency would face significant tariff hikes. Also Read: Trump threatens 100% tariff on BRICS countries over currency plans
30.11 / 17:09
markets SEC awards Justice consequences reports Department None from group side charged with violation of FCPA or conspiracy to obstruct justice: Adani
Adani Group side has been charged with any violation of the Foreign Corrupt Practices Act (FCPA), or any conspiracy to obstruct justice, Gautam Adani said on Saturday. He was speaking at an award ceremony in Jaipur. This is the first time that the billionaire founder of the Adani Group has spoken since the US Department of Justice and the US SEC levied charges of bribery among others, on certain executives of the group, including him on November 21. “This is not the first time we have faced such challenges,” he said at the award function. “What I can tell you is that every attack makes us stronger and every obstacle becomes a stepping stone for a more resilient Adani Group,” he said.
30.11 / 07:39
markets Extreme Strategy Research show consequences reports GDP growth figures worse than anticipated, "slowdown" will have severe consequences: Jairam Ramesh
In a statement, Jairam Ramesh accused the Modi government of ignoring the «grim reality» of stagnant wages. He also accused Prime Minister Narendra Modi of «generating hype» while people continue to live in hope.
28.11 / 06:29
markets IPO Target Trade Experts consequences information NTPC Green shares jump 4% on commencing 1st part of Shajapur Solar Project
NTPC Green Energy rose 4% in today's session, reaching a high of Rs 127.55 on the BSE, after the company announced that it had successfully commissioned the first part of the 105 MW Shajapur Solar Project, with a capacity of 55 MW. “In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that consequent upon successful commissioning, first part capacity of 55 MW out of 105 MW Shajapur Solar Project (Unit-I) at Shajapur, M.P of NTPC Renewable Energy Limited (a wholly-owned subsidiary of NTPC Green Energy Limited), is declared on Commercial Operation w.e.f. 00:00 Hrs. of 29.11.2024,” said the company in a filing.
28.11 / 03:15
Digital Platform Interface folk consequences Department rights PAN 2.0 sounds good but will it end fraud through impersonation?
Subscribe to enjoy similar stories. The Cabinet Committee on Economic Affairs earlier this week approved a plan of India’s Income Tax Department to roll out its PAN 2.0 project. This aims to streamline all services related to our Permanent Account Numbers (PANs) and simplify website access for individuals and companies.
27.11 / 21:33
markets Art consequences Features Courts Videos athletics Two companies drop McGregor after civil jury ruled he must pay $250K to woman who says he raped her
Two companies have cut ties with Conor McGregor after a civil court jury in Ireland ruled last week that he must pay nearly 250,000 Euros ($257,000) to a woman who accused the mixed martial arts fighter of raping her
27.11 / 21:33
UPS Nov community Inside consequences reports Residents file lawsuit against Kentucky plant that exploded in neighborhood
Two neighbors of a Kentucky plant that was the site of a massive explosion are suing the company
27.11 / 21:23
COST Research consequences Interviews Goldman predicts ‘significant’ hit to U.S. from Trump’s Canada tariffs
U.S. consumers face “significant consequences” from President-elect Donald Trump’s proposed tariffs on Canada, according to Goldman Sachs Group Inc., with the bank casting doubt over its implementation.
27.11 / 21:23
Nov XCOM consequences information reports Updates Canada Post strike talks suspended as parties 'remain too far apart'
Mediation between Canada Post and its postal workers has been temporarily suspended by the special federal mediator, as the parties “remain too far apart,” the federal labour minister said Wednesday as the nationwide mail strike reaches its thirteenth day.

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