Cover Financial News
18.08 / 10:53
UPS
IPO
FIVE
Aware
country
cover
What sort of investments are allowed for NRIs in India? Shweta Rajani answers
«An NRI can invest in the Indian stock market, but there are certain restrictions on which. So, under the RBI's PIS scheme, an NRI can invest in the Indian stocks but there is a restricted list of stocks in which they can invest into, but that is pretty much a broad list and it covers good quality stocks that they can invest into,» says Shweta Rajani, Anand Rathi Wealth.Let us start with the basics. In financial terms who is an NRI and where NRI can make investments? What sort of investments are allowed for NRIs in India? So, starting with who is an NRI.
18.08 / 10:53
Waters
Southern
Simulation
cover
Japan scrambles jets amid Russian and Chinese naval patrol in Pacific
Japan said on Friday it scrambled fighter jets after two Russian IL-38 information-gathering aircraft were spotted flying between the Sea of Japan and the East China Sea where Russia is holding a joint naval patrol and exercise with China. Russian and Chinese navy ships have been jointly patrolling the Pacific Ocean and holding naval exercises in the East China Sea, the Russian Defence Ministry said in a statement on Friday.
18.08 / 10:11
18.08 / 09:15
18.08 / 07:15
UPS
FIVE
cover
After son and daughter, Gujarat's millionaire diamond merchant and his wife become monks
diamond merchant and his wife in Gujarat's Surat have decided to renounce the materialistic world, five years after their 12-year-old son adopted monkhood. Incidentally, just like their son, who rode a Ferrari for his diksha ceremony, the couple drove a Jaguar for the same purpose.Dipesh Shah (51) and his wife Pika Shah (46) were following in the footsteps of their son Bhagyaratna Vijayji, then known as Bhavya Shah, to become monks. Incidentally, their daughter had adopted monkhood a decade ago and became Pararthrekha Shriji.
18.08 / 05:51
Citi
Lowe's
Twitter
cover
Minneapolis advances measure for minimum wage to Uber and Lyft drivers
Minneapolis City Council members have narrowly passed a measure that would establish a minimum wage for Uber and Lyft drivers
18.08 / 05:11
cover
New RBI rules to regulate penal charges on loans to come into effect from next year. Seven things to know
RBI said in a notification on Fair Lending Practice - Penal Charges in Loan Accounts. It has been observed that many Regulated Entities (REs) use penal rates of interest, over and above the applicable interest rates, in case of defaults / non-compliance by the borrower with the terms on which credit facilities were sanctioned, the central bank added.
18.08 / 03:41
UPS
MET
BLOCK
country
cover
electronic
China says it would welcome a visit by US commerce secretary after imposition of investment controls
China says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies
18.08 / 03:25
COST
UPS
Provident
Manufacturing
cover
Suncorp inks new prices, funding for wobbling smash giant AMA
Suncorp will provide financial support to smash repair giant AMA in a deal the struggling chain has signed with its key insurance customer.
18.08 / 01:45
17.08 / 23:43
Booking
Waters
Enterprise
cover
QIC’s PE team wins $500m mandate for European buyouts
Queensland-headquartered private markets investor QIC should have its eye (and chequebook) out for mid-market European buyouts in the coming years as it adds a new client to its books.
17.08 / 19:09
UPS
MET
Action
RIO
cover
Rinehart’s son couldn’t afford to service his car, court told
John Hancock’s years-long battle with his mother Gina Rinehart over the control of family assets put him under such financial stress that he struggled to pay for new car brake pads in the mid-2000s, his lawyers have claimed.
17.08 / 18:57
Barrett
cover
Inside
AP, other news organisations develop standards for use of AI in newsrooms
Associated Press has issued guidelines on artificial intelligence, saying the tool cannot be used to create publishable content and images for the news service while encouraging staff members to become familiar with the technology. AP is one of a handful of news organisations that have begun to set rules on how to integrate fast-developing tech tools like ChatGPT into their work.
17.08 / 18:33
Art
Digital
cover
Inside
Green Day 30th anniversary: 'Dookie' reissue in vinyl set and CD box
Green Day will reissue the album. Set for release next month, it will be a limited-edition 6-LP vinyl box set and a four-CD box set besides being released online.
17.08 / 18:19
Provident
Parke
performer
cover
Returns
Investment Portfolio
How do I ensure better returns from my investment portfolio?
₹25,000. I have ₹30 lakh in a bank fixed deposit, ₹2.5 lakh in a savings account, $65,000 in USD checking account, shares and sovereign gold bond worth ₹10 lakh, mutual funds of ₹21.57 lakh (systematic investment plan of ₹5,000 in SBI Consumption Opportunity Fund, ₹10,000 in SBI Small Cap, ₹2,000 in SBI Magnum Global Fund, ₹1,000 in focused equity fund every month), besides ₹16 lakh in PPF (public provident fund). I also own two flats, one of which is valued at around ₹50 lakh (possession pending), while the other yields a monthly rent of ₹15,000 and is valued at approximately ₹65 lakh.
17.08 / 18:05
Provident
Aviat
Aware
Metro
cover
Inside
Eight key airports need thousands more in staff
NEW DELHI : India’s swelling airports need thousands of additional security and immigration personnel to avoid the kind of crush witnessed at the beginning of the year, an aviation ministry study found. Just eight airports alone need 3,800 more Central Industrial Security Force (CISF) personnel and 440 more immigration staff, found the study, which covered the metro airports in Delhi, Mumbai, Bengaluru and Chennai, as well as airports in Bagdogra, Indore, Jammu and Srinagar.
17.08 / 17:55
Provident
Platform
Align
Simulation
cover
What is Homeworkify?
Homeworkify is an AI-powered educational platform that has revolutionized the way students approach learning, homework and academic needs . This article delves into the various aspects of Homeworkify, including its features, impact on education, and more.
17.08 / 17:51
Citi
Lowe's
cover
Minneapolis advances measure for minimum wage to Uber and Lyft drivers
Minneapolis City Council members narrowly passed a measure on Thursday that would establish a minimum wage for drivers of Uber, Lyft and other ride-share companies in the city. The mayor can still veto the measure. Many of the drivers are African immigrants who have been pushing for higher wages at the state and city levels for several months.
17.08 / 17:31
Booking
cover
social
song
2020
NOT
NEP 2020 flexible, not imposed on states: Nirmala Sitharaman
Nirmala Sitharaman on Thursday asserted that the National Education Policy (NEP) 2020 is flexible and is not imposed on states by the Centre. States can adopt the policy according to their requirements, she said at the launch event for 'Desia' and 'Kuwi' (tribal languages) primer books in Bhubaneswar, along with Union Education Minister Dharmendra Pradhan. «NEP is a flexible policy.
17.08 / 16:41
Provident
Action
Software
Hyundai
TikTok
country
cover
class action
settlement
Judge declines to approve Hyundai/Kia class action settlement, noting weak proposed remedies
A federal judge on Wednesday declined to approve a proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle thefts, saying it fails to provide “fair and adequate” relief to vehicle owners
17.08 / 16:33
show
cover
Q2 inflation to average well above 6%, says RBI
Mumbai: Inflation is set to average “well above" 6% in the second quarter, according to the RBI’s August bulletin published on Thursday. “The incidence of supply shocks is not over—elevation in vegetable prices has extended into the first half of August.
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