Country Financial News

K Kavitha walked out of the Tihar jail on Tuesday evening after being granted bail by the Supreme Court. She was arrested by the Enforcement Directorate (ED) in an alleged money laundering case linked to the Delhi excise policy scam. «Entire country knows I was put in jail for political reasons. I have done nothing wrong,» said Kavitha upon release.

Bharatiya Nyaya Sanhita liberates our democracy from the colonial mindset, and its basic spirit should be made as effective as possible. «Our country has changed rapidly in a decade. We have risen from the 10th position ten years ago to become the 5th largest economy in the world. Today, the dreams and aspirations of our countrymen are significant. It is important that we innovate according to the new India and modernize our systems. This 'Justice for All' is equally crucial. We are seeing how technology can play a significant role in our judicial system,» said PM Modi during the Platinum Jubilee celebrations of the Rajasthan High Court in Jodhpur. Modi said that justice is always simple and clear but sometimes the process makes it difficult and now it is our collective responsibility to make justice as simple and clear as possible.

Donald Trump is raising more questions with every disorganized, rambling speech he makes while running for office. The question that ultimately brought Joe Biden to his downfall is now being posed by some of Donald Trump's supporters: is the former president even qualified to hold office? While many of Trump's supporters and detractors may not find his meandering speech and ludicrous claims, laced with vitriol and hatred, surprising into the race against Kamala Harris just a month ago seems to have driven the former president to new heights. Trump's ire has only increased as his lead in the polls over Biden vanished and Harris established a distinct lead. It seems that Trump is even more enraged by the vice president's strategy of making fun of him rather than engaging in debate. Also Read: Good Omens Season 3: Here’s how the final season will end, Michael Sheen reveals details

Indian Railways is rapidly progressing towards its goal of achieving net zero carbon emissions by 2030, the Railway Board said on Tuesday. According to the Board, it is making efforts to grant net zero status to Railway premises across the country with a focus on meeting Railways' energy needs entirely through renewable energy sources. «The Northeast Frontier Railway zone of Indian Railways has achieved a significant milestone by converting its buildings to net zero carbon emission structures. »The Bureau of Energy Efficiency (BEE), under the Ministry of Power, has honoured six different buildings of the zone with the 'Shunya Label' recognition as Net Zero Energy Buildings," the Board said in a statement.

India and Singapore has set the stage for Prime Minister Narendra Modi's visit to the city-state that will happen soon, its Foreign Minister Vivian Balakrishnan has said. Senior ministers from the two countries held a «productive» round of discussions at the second multi-ministerial roundtable here and explored how the two countries can boost bilateral cooperation in digital, skill development, sustainability, healthcare, connectivity and advanced manufacturing. This was the second time that ministers from Singapore and India met at the India-Singapore Ministerial Roundtable (ISMR) after its inaugural edition was launched in September 2022 by then Deputy Prime Minister Lawrence Wong during a five-day visit to India. Balakrishnan said advanced manufacturing and semiconductors, as well as aviation and maritime connectivity, are the new areas that Singapore and India have added to a high-level platform for discussing ways to enhance bilateral cooperation.

suicide on Monday in Chhattisgarh's Dantewada district, an official said. At around 10:30am, head constable Vipin Chandra of the CRPF's 195th battalion shot himself in the barracks with his AK-47 rifle, the official said. The incident took place in the 195th battalion's headquarters under Barsoor police station limits, some 400 kilometres from Dantewada, the official added.

Colombo on Monday on a three-day visit to Sri Lanka during which it will also engage in a Passage Exercise with a Sri Lanka Navy vessel. The Indian Navy's frontline warship was welcomed by the Sri Lanka Navy in compliance with naval traditions, the island nation's navy said in a press release. INS Mumbai, a 163-metre-long Destroyer, is manned by a crew of 410 members. This is the ship's first visit to any port in Sri Lanka and will be the eighth port call by Indian ships this year, the Indian High Commission said in a press release on Sunday. Its commander Captain Sandeep Kumar called on the Commander Western Naval Area, Rear Admiral Chinthaka Kumarasinghe at the Western Naval Command Headquarters upon the ship's arrival.

ISKCON Temple in Patna on the occasion of the Janmashtami festival, Senior Superintendent of Police (SSP) Rajeev Mishra said that no injuries have been reported and the police brought the situation under control quickly. «The situation is orderly. For half an hour, a huge number of devotees thronged the ISKCON Temple on the occasion of the Janmashtami festival. When the crowd increased, the number of security forces also increased. All senior officers are present on the spot. The program is going on in a very orderly manner. So far, no injuries have been reported,» SSP Mishra told reporters on Monday. On the occasion of the Janmashtami festival, devotees flocked to temples across the country to seek Lord Krishna's blessing on his birth anniversary, with political leaders like Rajasthan CM Bhajanlal Sharma and Gujarat Chief Minister Bhupendra Patel paying their obeisance.

China has expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it would adopt necessary measures to safeguard the rights and interests of the country’s businesses

debt market so far this month, pushing the net inflow tally in the debt segment to over the Rs 1-lakh-crore mark. Foreign investors' strong buying interest in the Indian debt market can be attributed to India's inclusion in JP Morgan's Emerging Market government bond indices in June this year. According to data with the depositories, Foreign Portfolio Investors (FPIs) injected Rs 11,366 crore in the debt market this month (till August 24).

fundamental analysis to invest in companies based on their financials. The second believes in making short-term trades based on seasonal momentum or technical analysis. Irrespective of which type of investor you are, a multiyear breakout of any stock is something to keep an eye on as it could be a sign of significant potential in the security.

Venkat Nageswar Chalasani, Chief Executive, AMFI, says 9.34 crore is the total number of accounts and Rs 24,000 crore is the total amount that has been raised in this particular month. If you derive that number, 24,000 divided by 9.33, it will be around Rs 2,500. So, it is just a mix. Some people are investing around Rs 1,00,000 and some people would be putting around Rs 500 to Rs 600 per month. The average, as I said, is derived and works out to around Rs 2,500. But this number is also growing. One year back, it was around Rs 2,200, today it is Rs 2,500. My sincere compliments for all the great work which the Association of Mutual Funds of India (AMFI) is doing. Venkat Nageswar Chalasani: Thank you very much. Retail investors are coming into the mutual fund fold. In fact, on the SIP front, there are around 9.33 crore accounts as we speak now. The AUM under SIP is around Rs 13 lakh crore, around 20% of my total AUM.

Islamic State has described the 26-year-old Syrian man taken into custody after a stabbing rampage in the western German city of Solingen as a «soldier» of the group. Though largely crushed by a U.S.-led coalition several years ago, IS has managed some major attacks while seeking to rebuild. They include an assault on a Russian concert hall in March that killed at least 143 people and two explosions in the Iranian city of Kerman in January that killed nearly 100 people.

Would she be there or not

Visa applications in India in H1 2024 (January to June 2024) exceeded the H1 2019 volumes by 2% said VFS Global on Monday. The year on year increase during the same period was 11%. VFS Global manages visa applications for 51 countries from India. VFS said acceptance of personalised services such as Visa At Your Doorstep (VAYD) recorded a four-fold rise against 2019 with a year on year increase of 16%.

Donald Trump has not been very vocal and supportive of immigration, and has mostly been seen voicing his opinion against it in major public forums. However, latest reports suggest that he and his party may try to increase the number around legal immigration into the United States, if he is voted to power in the upcoming US Presidential Elections 2024.

The ferocious exchange of fire by Hezbollah and the Israeli military is raising fears of a regional war beyond the tense border

The energy transition challenge, often presented as a singular issue of greening our energy sources, is far from a one-dimensional problem. As with all public policy situations, the challenge is not amenable to a well-defined problem statement or an elegantly crafted solution. Two recent stories underscored the complexity of the task at hand.

China's Ministry of Commerce said on Sunday it strongly opposed a U.S. decision to add multiple Chinese entities to its export control list over Russia-related issues. The United States on Friday added 105 Russian and Chinese firms to a trade restriction list over their alleged support of the Russian military. The companies — 42 Chinese, 63 Russian and 18 from other countries — were targeted for reasons from sending U.S. electronics to Russian military-related parties to producing thousands of Shahed-136 drones for Russia to use in its invasion of Ukraine.

fintech industry is grappling with issues around stagnating private market valuation and a slowdown in venture funding, the stock price of insurance marketplace Policybazaar’s parent has been on a tear. At close of trading Monday, PB Fintech had a market capitalisation of $9.8 billion. Its stock price has crossed Rs 1,800 — closed 8% higher at 1,819.90 on the BSE Monday — compared with around Rs 1,000 six months back. A strong financial performance, with two quarters of net profit, steady revenue growth and expansion in new insurance premium collection business, is making the Gurugram-based company an attractive investment option.

Canada will impose a 100 per cent surtax on nearly all Chinese-made electric vehicles, including certain hybrids as well as trucks and buses, in a bid to create a protective barrier around the country’s auto industry.