Equality Financial News

12.07 / 12:29

Citi BLOCK Citizens security Pool Equality International Mint Explainer: How easing NRI caps in Gift City funds will boost fund launches

Asset management companies (AMCs) in Gift City, Ahmedabad, are set for a major boost following a crucial regulatory change by the Securities and Exchange Board of India (Sebi). By eliminating the restrictive 50% cap on investments from Indians abroad in India-focused funds, Sebi has removed a significant hurdle that has long impeded the growth potential of these funds. For years, AMCs faced a stringent requirement: for every dollar accepted from non-resident Indians (NRIs) and overseas citizens of India (OCIs), an equivalent dollar had to be sourced from foreign investors.

01.07 / 10:01

Manufacturing Covenant reports Discrimination Equality rights International NHRC seeks detailed report from labour ministry, Tamil Nadu government on Foxconn issue

Tamil Nadu government seeking a detailed report in the Foxconn case, taking suo motu cognizance of discrimination by the company which reportedly excluded married women from job at its assembly plant in Sriperumbudur, Tamil Nadu. “The Commission has observed that the contents of the media reports, if true, raise a serious issue of discrimination against married women causing the violation of the right to equality and equal opportunity,” NHRC said in a statement issued on Monday. “Therefore, the Commission has issued notices to the secretary, union ministry of labour and employment and the chief secretary, government of Tamil Nadu calling for a detailed report in the matter within one week,” NHRC said in a statement issued on Monday.

29.06 / 09:57

markets Extreme Analysis trends Trade information Equality etmarkets Learn with ETMarkets: Market Mood Index (MMI): Explained!

Sensex and Nifty 50 trading at highs, concerns about an impending stock market crash or significant decline are natural. This fear intensifies considering the substantial rise in midcap and smallcap stocks over recent years. The stock market operates based on collective investor sentiment. Positive news boosts stock prices, while negative sentiment drags them down.

29.06 / 02:57

UPS Provident Target Election show Equality Revenue upside should be split between spending, consolidation

₹34.4 trillion for FY2024 by ₹276 billion, as per the provisional data released by the Controller General of Accounts (CGA). This overshooting implies that the growth in the FY2025 Interim Budget Estimates (IBE) is quite modest at 10.6%, mildly trailing our projection of nominal GDP of 10.8% for the fiscal.

27.06 / 20:47

BTC BLOCK Digital Bitcoin show Equality Bitcoin Miner Profitability Has Plummeted Since The Halving

Bitcoin mining has become as cost-intensive as ever since the halving, with the asset’s “hashprice” at its lowest levels ever over the past two months, according to Hashrate Index data.

27.06 / 04:33

markets Target Digital Manufacturing Opinion recommendations Equality Hot Stocks: Brokerage view on Bharti Hexacom, Go Digit, PI Industries and Dr Reddy’s

Jefferies maintained an underperform rating on Dr Reddy’s Laboratories, Equirus recommended a Long on PI Industries, Morgan Stanley initiated coverage on Go Digit with an Equal Weight rating and Jefferies has a hold rating on Bharti Hexacom. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Dr Reddy’s Laboratories: Underperform | Target Rs 5010

27.06 / 00:57

markets IPO CEO Platform BlackRock Schools Equality Aris Infra plans to raise Rs 600-700 crore via IPO

Aris Infra, a technology-driven construction material procurement platform, is looking to raise Rs 600-700 crore through an initial public offering (IPO). The Mumbai-based company is backed by high-net-worth individuals (HNIs) and family offices such as PharmEasy CEO Siddharth Shah, San Francisco-based Think Investments, and partners from private equity firms such as TPG Capital, Temasek, and BlackRock.

27.06 / 00:55

Election President performer information Equality rights Deputy Speaker of Lok Sabha: A look at power and responsibilities as Opposition vies for the post

Congress MP Rahul Gandhi said on June 25.Now, all eyes are on the post of Deputy Speaker, which the Opposition has been vying for since the beginning. The Lok Sabha has yet to get its deputy speaker position after it became vacant in 2019.Most opposition leaders cited a "parliamentary tradition" to claim the Deputy Speaker's post.

26.06 / 16:07

Target Action Strategy Diversity Equality Courts rights A co-founder of the embattled venture capital firm Fearless Fund has stepped down as operating chief

One of the co-founders of an Atlanta-based venture capital firm that supports women of color has stepped down as chief operating officer

26.06 / 14:33

Blockchain Digital Platform Entertainment social innovations Equality AeoN-X: Pioneering the Next Frontier of Social Entertainment

In the ever-evolving landscape of digital innovation, a new player has emerged that’s set to redefine how we interact, create, and consume content. Enter AeoN-X, an ambitious startup that’s turning heads with its groundbreaking AeoN’Xperience Social & Entertainment Platform.

26.06 / 12:59

markets UPS wellness trends country reports Equality Seven years on, GST still sparks Centre-state friction

₹2.1 trillion, the highest ever for a month. GST revenues stood at 6.62% of the gross domestic product (GDP) for the fourth quarter of 2023-24, much higher than the corresponding quarters for the preceding two financial years (Chart 1). But a deconstruction of GST numbers over seven years, especially from the perspective of states, reveals expectations belied and friction points aplenty.

26.06 / 09:45

UPS Opinion Experts electronic recommendations Equality ITC, Bharti Airtel’s weight may go up in Nifty rejig. $95 million passive inflows expected

ITC and Bharti Airtel’s weights in Nifty is expected to go up in the quarterly rejig which gets into effect on Thursday, triggering combined inflows of $95 million according to estimates by Nuvama. Individually, ITC’s weight could go up by 10 bps to 3.7% resulting in potential inflows of $59 million while Airtel’s weight could go up to 3.6%, up 10 bps resulting in inflows of $36 million.

26.06 / 07:03

Action Election Justice Discrimination Equality Courts Hope suspension of MPs will not be repeated in LS: Akhilesh Yadav

Samajwadi Party leader Akhilesh Yadav on Wednesday congratulated Om Birla on being elected the Lok Sabha speaker and said he hoped that actions like suspension of MPs would not be taken as they hurt the dignity of the House. Yadav said he also hoped that Birla would be impartial towards the opposition and give its leaders equal opportunity.

26.06 / 02:43

UPS Election Equality Updates Lok Sabha Speaker Election today: Why INDIA bloc forced a contest despite numbers stacked in NDA's favour. 5 points

Bhartiya Janata Party (BJP) leader and National Democratic Alliance (NDA) candidate Om Birla, who was the Speaker in the 17th Lok Sabha, is up against INDIA bloc leader and eight-term Congress Parliamentarian K Suresh for the crucial post. Follow Live Updates on Lok Sabha Speaker election today HereThe election was forced after the ruling NDA and Opposition INDIA bloc failed to arrive at a consensus for the Speaker and the Deputy Speaker post.Usually, the Speaker of the Lok Sabha is appointed with consensus between the ruling and the opposition camps.

26.06 / 01:51

Election President Justice country voice Equality "Rahul Gandhi becoming their voice...": Congress chief Mallikarjun Kharge

Congress chief Mallikarjun Kharge on Tuesday praised the appointment of Congress leader Rahul Gandhi as Leader of the Opposition in Lok Sabha and said that the House of the People shall truly reflect the aspirations of the last person standing, with Rahul Gandhi becoming their voice. Congress on Tuesday declared that Rahul Gandhi, party's MP from Raebareli will be Leader of the Opposition in the 18th Lok Sabha, ending the 10-year spell of no LoP in the Lower House since 2014. «In the 18th Lok Sabha, the House of the People shall truly reflect the aspirations of the last person standing, with Rahul Gandhi becoming their voice,» Kharge posted on X.

25.06 / 11:35

Election Moodys Bill social inclusion prevention Equality Positives about the capital gains inclusion rate hike? Yep, here are three

June 25 is the day the capital gains inclusion rate increase comes into effect. Even though the particular legislation is not yet in a bill and thus not passed into law, it’s quite clear it will become so later this year with legal effect as of that day.

25.06 / 07:45

Citi Remark Justice social Equality Courts Sporting Tamil Nadu Minister Udayanidhi Stalin gets bail over 'eradicate Sanatana Dharma' remarks

Tamil Nadu Minister Udayanidhi Stalin was granted bail on Tuesday by a city court for his 'eradicate Sanatana Dharma' remark. The DMK leader appeared before the 42nd Additional Chief Metropolitan Magistrate following a notice to him based on a petition by social activist Paramesh for his remark. Udayanidhi Stalin, who holds sports and youth affairs portfolio, got the bail with a surety of Rs one lakh. The case has been posted to August 8.

25.06 / 04:45

UPS Equality Can I claim Section 54 benefit after moving to UK?

—Name withheld on request From your query, I assume that you had made investment in equity shares of an unlisted company which you sold in April 2023. Notwithstanding the determination of whether TDS provisions would have been applicable upon sale of equity shares of the company, capital gains derived from the sale would have been taxable at 20% (plus applicable surcharge and cess) along with indexation benefit.

24.06 / 22:17

Platform WhatsApp ESPN Equality Colleges Sporting College World Series live: Match predictions for Tennessee vs Texas A&M, how to watch, match timings

college baseball calendar is heading to a close with an epic title clash on the cards that will see top-seeded Tennessee and No. 3 seeds Texas A&M go head-to-head against each other with all guns blazing, in a bid to emerge as the winners of the final event in the 2023-24 NCAA college sports calendar, according to USA Today.

22.06 / 08:07

Action Death social consequences Equality rights Videos Canadian Deputy PM stumbles over question on Canada Parliament tribute to Khalistani separatist Nijjar

Chrystia Freeland stumbed over a question posed to her on why Khalistseparatist Hardeep Singh Nijjar, who was on the no-fly list and had his bank accounts frozen before his death, is now being honoured with a tribute in the Canadian Parliament. In a video that has now gone viral on social media, a journalist asked Freeland on the paradox of honouring Nijjar despite past government actions against him. The journalist questioned the reason behind this sudden change.

22.06 / 05:55

UPS Booking Airlines Food Bill classical Equality Accor loyalty program: How to enjoy free hotel stays with credit card reward points?

Also Read: 60% make rewards top priority in credit card choice, reveals surveyAccor is one of the world’s largest hospitality groups, with a portfolio of more than 45 hotel brands across various categories, from luxury to economy. It has 5,500+ hotels spread across 110+ countries.

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