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Interpol says it arrested 1,006 suspects in Africa during a massive two-month operation, clamping down on cybercrime that left tens of thousands of victims, including some who were trafficked, and produced millions in financial damages

PSU stocks and D-Street experts see this momentum to continue in the run-up to next year's Union Budget. While valuations still remain a concern for many, the road ahead is likely to be stock specific, they say, arguing that the recent correction is offering pockets of opportunities to make entry in the state-run company stocks. An analysis of the 59-stock BSE PSU index reveals 39 stocks that have witnessed a decline since June 4, the day when the general election results were announced. In this, 30 have fallen in double digits. The worst losers are Bharat Dynamics, Cochin Shipyard, Ircon International, Mangalore Refinery And Petrochemicals (MRPL), falling between 39% and 20% as on November 22 (a day before the announcement of Maharashtra assembly election results).

According to PTI, the investigation, initiated by a complaint filed by Ramalingam from Maddipadu in Prakasam district, has led to a manhunt across multiple states. Police teams have been dispatched to various locations, including Hyderabad, Chennai, and Coimbatore, as they try to locate the filmmaker. Despite repeated notices, Varma has not appeared for questioning, leaving authorities to believe he may be deliberately evading arrest.

international trade relations, the world watches with bated breath. The US, already vocal about India's trade practices, might retaliate with tariffs on Indian goods, affecting exports, and livelihoods. Indian ecommerce is at a crossroad with local retailers up in arms against MNCs, particularly those from the US. The recent reported actions against e-commerce vendors and players have sparked concerns about the impact on the domestic market. India’s ecommerce market is set to grow to $325 bn, and the digital economy to reach $800 bn by 2030, driven by increasing internet penetration, low-cost smartphones, and GoI initiatives like ‘Make in India’ and ‘Startup India’. This growth has attracted MNCs like Amazon and Walmart, which have invested heavily in the Indian market.

«A substantial amount of deposits have shifted to higher interest rate bucket during the latest monetary policy tightening cycle; term deposits bearing over 7 per cent interest rate has increased to 68.8 per cent from 54.7 per cent a year ago,» it said. As per the BSR, bank deposits growth (y-o-y) at 11.7 per cent in September 2024 remained close to that in the previous quarter.

These lenders are simply taking the advantage of a demand and supply gap created in the credit market ever since microfinance lenders have slowed down loan disbursement to prevent erosion of their asset quality. Muthoot Finance, the country's largest gold loan provider, for instance, has revised its annual growth projection to as high as 25% from a 15% target set earlier in the year as the demand has suddenly surged in the absence of easier availability of collateral free loans.

«If PM Modi would have read this book then what he does daily, he would not do it,» Gandhi said, displaying a copy of the Constitution of India. Gandhi said the country's whole system is pitted against Dalits, Adivasis and backward class people.

Sharechat on Tuesday said its adjusted EBITDA losses fell by 67 per cent year-on-year to Rs 793 crore in FY24, amid 33 per cent growth in revenue. The company further said it is on track for a cash breakeven by March 2025. With improved financial metrics, the company expects to start investing back into growth and is on «active» lookout for inorganic opportunities through acquisitions. Organic growth will happen through the expansion of the user base and increasing revenue per user. Sharechat has social media brands such as Sharechat app and Moj under its portfolio. While the company is sufficiently capitalised for now, it is looking at «adding more people to cap table ahead of preparations for IPO journey». It is eyeing timelines of 18-24 months for a possible IPO, depending on market conditions.

PAN 2.0 initiative on 25 November. The government has allocated Rs 1,435 crore for this project, aimed at overhauling the current PAN/TAN system to improve efficiency and taxpayer convenience. At the time of the announcement, Union Minister Ashwini Vaishnaw said that the upgrade of PAN includes adding a QR code. This will be rolled out free of cost to all taxpayers. Non-Resident Indians (NRIs) who are required to file a return of income or intend to enter into an economic or financial transaction where quoting of PAN is mandatory must have this identity proof.

Meesho on Tuesday announced the launch of its GenAI-powered voice bot to improve user experience and ensure round-the-clock customer support. The voice bot, which started operating about a month back, is currently available in English and Hindi, and is likely to expand to six additional regional languages — Bengali, Gujarati, Kannada, Marathi, Telugu, and Tamil. Designed to autonomously handle a wide range of customer interactions, the voice bot currently handles about 60,000 calls daily, providing fast and efficient resolutions. With an impressive 95% resolution rate, it significantly reduces the need for human intervention, streamlining support and minimising escalations. «This efficiency has also contributed to a nearly 50% improvement in Average Handle Time (AHT), resulting in quicker and more effective customer service,» a company statement said.

Subscribe to enjoy similar stories. Balancing fiscal prudence with the need to provide a growth impetus has been a hallmark of our government over past Union budgets. Tax buoyancy has improved, while taxation has been simplified and ease of paying taxes enhanced.

Lord Vishnu and Goddess Ekadashi.

Google and Facebook-owner Meta Platforms urged the Australian government on Tuesday to delay a bill that will ban most forms of social media for children under 16, saying more time was needed to assess its potential impact. Prime Minister Anthony Albanese's centre-left government wants to pass the bill, which represents some of the toughest controls on children's social media use imposed by any country, into law by the end of the parliamentary year on Thursday. The bill was introduced in parliament last week and opened for submissions of opinions for only one day.

Essar Group, Shashi Ruia, passed away at the age of 81, leaving behind a legacy of transformative leadership and innovation. The Ruia family, in a statement, said, “It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. He was 81.” Shashi Ruia was known for his humility and philanthropy. The family added, “His humility, warmth, and ability to connect with everyone he met made him a truly exceptional leader. Shri Shashikant Ruia’s extraordinary legacy will remain a guiding light for all of us.” «With an unwavering commitment to community upliftment and philanthropy, he touched millions of lives leaving an enduring impact,» said Ravi Ruia, Shashi's brother with whom he founded Essar Group, and family members.

US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. «That is a law enforcement matter,» State Department Spokesperson Matthew Miller told reporters at his daily news conference on Monday. He was responding to a question about Leader of Opposition in Lok Sabha Rahul Gandhi demanding the immediate arrest of Adani. «Is this something you support, such as the arrest and investigations, charges against Adani» he was asked. «I would defer to my colleagues at the Department of Justice to speak to it,» Miller said.

«Clause 11 of GRAP Stage-III, Clause 5 of GRAP Stage-IV and Clause 8 of GRAP Stage-IV (to the extent it relates to colleges, educational institutions) are relaxed to the extent that State Govts in the NCR and GNCTD shall ensure that all classes upto 12th Standard in schools and those in colleges/educational institutions are conducted in a 'hybrid' mode, i.e, both in 'physical' and also in an 'online' mode, wherever online mode is feasible, in the territorial jurisdiction of the NCT of Delhi and in the districts of Gurugram, Faridabad, Ghaziabad and Gautam Buddh Nagar in the NCR. The option to exercise online mode of education, wherever available, shall vest with the students and their guardians,» a notification issued by the Directorate of Education (DoE), Government of Delhi, said. The Supreme Court Monday asked the Commission for Air Quality Management (CAQM) in the Delhi region and adjoining areas to consider restarting physical classes in schools and colleges stating that many students lacked mid-day meals and infrastructure to attend online classes.

BJP MLA from Rajsamand and newly crowned Maharana of Mewar, Vishvaraj Singh Mewar, and his supporters camped outside the City Palace after they were stopped from entering the palace. The situation escalated into a standoff between Vishvaraj Singh Mewar and his cousin Dr Lakshay Raj Singh Mewar, along with their uncle Arvind Singh Mewar, at the gates of the City Palace. Vishvaraj Singh, who is the 77th Maharana of Mewar, was reportedly refused entry into the palace.

Investors have allocated large sums of money to thematic and international funds over the 12 months to October 31. Data from the Franklin Templeton industry dashboard showed that sectoral and thematic funds accounted for ₹1.4 lakh crore or 40% of the total flows of ₹3.5 lakh crore to the mutual fund industry during this period. Sectoral and thematic funds command the largest assets under management of ₹4.52 lakh crore in the equity mutual fund category, followed by the flexi-cap category (₹4.27 lakh crore). Sectoral and thematic indices often tend to fall higher than the broad-based indices. Compared to the Nifty 50, which fell 7.8% from its 52-week high, the Nifty India Defence index fell 24.7%, Nifty Energy fell 17.8%, Nifty Auto fell 14.6% and Nifty PSE fell 14.7%.

With criminal charges or action by the Securities and Exchange Commission, it’s very common that, within hours sometimes, investor lawsuits start pouring in, said William Devaney, partner at international law firm Baker & McKenzie LLP and a former federal prosecutor. “They tend to play out for years and often end up in settlements,” he added.

Merkel served alongside four US presidents, four French presidents and five British prime ministers. But it is perhaps her dealings with Russian President Putin that have drawn the most scrutiny since she left office in late 2021.

Chinmoy Krishna Das Brahmachari, a spokesperson for the Bangladesh Sammilita Sanatani Jagran Jote and an Iskcon priest, on Monday. The arrest was confirmed by Dhaka Metropolitan Police’s Detective Branch spokesperson Talebur Rahman, though no details of the charges have been disclosed, as reported by TOI. “Police spokesperson Talebur Rahman confirmed the arrest but did not give details of the charges.” Chinmoy Krishna Das, a key figure advocating for Hindu rights, was apprehended at Dhaka airport before his scheduled flight to Chattogram. He was later taken to a local police station for questioning.