Equality Financial News
20.03 / 02:39
COST
UPS
Provident
Digital
2020
Equality
Policy of ‘No Fee’ on these UPI transactions for consumers to continue as Union Government launches this incentive scheme
UPI transactions, which are valued at less than Rs 2,000 and are made to small merchants, the acquiring bank and other involved stakeholders will be eligible for an aggregate incentive at the rate of 0.15% per transaction value. According to the circular, “the scheme, which has an outlay of around Rs 1,500 crore for 2024-25, will have the government pay incentive to the acquiring bank (Merchant's bank) and thereafter shared among other stakeholders, namely issuer bank (Customer's Bank), Payment Service Provider Bank (facilitates onboarding of customers on UPI apps and API integrations), and App Providers (TPAPs). As per NPCI (National Payments Corporation of India), P2PM merchants, or small merchants, are those who have a projected inward UPI transaction value of less than or equal to Rs 50,000 per month.
19.03 / 16:19
Provident
Platform
WhatsApp
social
shock
Equality
IT Ministry examining issue of Grok using Hindi slang, abuses; in touch with X
social media platform X over the recent incident of AI chatbot Grok using Hindi slang and abuses and will be examining the issue, according to sources. The ministry will look into the matter and the factors that led to the use of abusive language, they said. «We are in touch, we are talking to them (X) to find out why it is happening and what are the issues. They are engaging with us,» sources said. The IT Ministry is examining the matter, they added. Grok, the powerful AI chatbot on Elon Musk's X, shocked netizens recently with its wild side when its response in Hindi came loaded with abuses and slang after provocation by users. The banter started when an X user requested that Grok provide a list of the «10 best mutuals». After a silence, the user responded with some harsh comments. This prompted Grok to retaliate with an equally casual tone and slur-loaded response.
18.03 / 17:53
UPS
Provident
security
Diversity
Equality
International
Funds alone can't secure global heft
Equally crucial is the need to better leverage existing resources, many of which are overlooked or underutilised. The complexity, interconnectedness and speed of global systems demand a shift from siloed approaches across all areas of engagement — foreign affairs is no exception.
18.03 / 10:49
markets
Manufacturing
security
War
innovations
Equality
Shark Tank India: Rejected Rs 10 Cr offer, aims for Rs 1,000 Cr empire. Pallavi’s eco-friendly plastic pitch sparks a bidding war
Pallavi, turned the tables on the sharks in the latest episode of Shark Tank India. Walking into the tank seeking investment for her biodegradable plastics business, she left with a deal far beyond her original ask. The judges, known for grilling contestants, found themselves in an unexpected bidding war, each vying for a piece of her “earth-shattering” innovation. Pallavi’s startup specializes in biodegradable plastics that are not only environmentally friendly but also significantly cheaper than existing alternatives. Her products have already gained traction, securing deals with major clients like Maruti Suzuki and Berger Paints. But what truly set her apart was the immense potential of her technology, which extends beyond plastics to paints and emulsions. Recognizing the scale of her vision, investor Anupam Mittal of Shaadi.com described it as a once-in-50-year breakthrough, comparing it to transformative inventions like the telegraph and computer chips.
16.03 / 07:29
COST
Career
Election
community
Discrimination
Equality
'Jo karega jaat ki baat, usko kass ke marunga laat', says Nitin Gadkari, rejecting caste-based politics
Nitin Gadkari delivered a powerful message about equality and his refusal to engage in caste-based politics at the Convocation ceremony of the Central India Group of Institutions in Nagpur on Saturday. The BJP leader noted that a person's worth should be judged by their qualities, not their caste, religion, language, or gender. «A person is not known by their caste, sect, religion, language or sex, but only by their qualities. That is why we will not discriminate against anyone based on caste, sect, religion, language, or sex,» he stated, reiterating the importance of fairness and equality in society. Despite the fact that caste often plays a significant role in Indian politics, Gadkari remained firm in his stance, vowing not to engage in caste-based politics, even if it cost him votes. He noted that he avoids discussing religion and caste in public discourse, as he believes people value «service to society» above all else.
16.03 / 02:33
Art
Food
community
Celebrity
country
social
Equality
The secret behind the world's happiest countries
Subscribe to enjoy similar stories. Finland, Sweden, Denmark, Norway… there has to be a reason Nordic countries consistently rank at the top of the list of the world’s happiest countries. It’s well documented that the Nordic countries—Denmark, Finland, Iceland, Norway and Sweden—are among the world’s most stable, prosperous and least corrupt.
15.03 / 13:33
FIVE
Ball
security
WhatsApp
Equality
cricket
What is Virat Kohli planning to do after retirement? India's top batter drops major hint
'I actually don't know what I will be doing post retirement, recently I asked a teammate the same question, and got the same reply. Yeah but may be a lot of traveling," said Virat Kohli. Recently, the peerless Virat Kohli said his job is not just to win ICC trophies but also ensure that Indian cricket is at a better place when he walks into the sunset, as the team won a third Champions Trophy title with a four-wicket victory over New Zealand here. India completed a chase of 252 with six balls to spare. «When you leave, you want to leave the team in a better place, I feel we've a squad that's ready to take on the world for the next eight years,» an ecstatic Kohli said after the end of the final. «It's been amazing, we wanted to bounce back after a tough Australian tour, and wanted to win a big tournament, so to win the Champions Trophy is amazing,» Kohli told broadcasters 'JioHotstar' with Shubman Gill by his side.
15.03 / 11:55
UPS
Provident
Booking
Aware
Discover
Equality
Features
7 places to explore Chikmagalur's iconic coffee legacy
Subscribe to enjoy similar stories. A four-and-a-half-hour drive from Bengaluru takes you to Chikmagalur, believed to be the coffee capital of India. Ironically, I discovered it’s easier to buy liquor than quality coffee beans there, although its estates grow some of India’s finest high-altitude beans.
15.03 / 11:47
Aware
President
social
reports
Equality
Courts
Assam Congress spokesperson Reetam Singh arrested for social media post
Lakhimpur Superintendent of Police Mihirjit Gayan told PTI that Singh was arrested after a complaint by the wife of BJP MLA Manab Deka for a post on X two days ago. «We have arrested him under relevant sections of law. He is being brought to Lakhimpur now,» he added. Singh made a post on X on March 13 with a news report about three individuals being convicted by a court for a rape case in the Dhemaji district in 2021. «These culprits got the punishment they deserved. But what @BJP4Assam r@pe accused Ministers and MLAs like Manab Deka, Ex Party President Bhabesh Kalita, ex Minister Rajen Gohain? Is the law equal for all?» the Congress leader had asked in his post. Live EventsKalita, who was the BJP Assam president till January this year, is an MLA with Deka, while Gohain was the Union Minister of State for Railways during Prime Minister Narendra Modi's first term. During the arrest of the Congress leader, a lot of drama unfolded at the apartment of the accused in the Ulubari area, with Singh initially clai
15.03 / 08:57
Fighting
President
Justice
social
Equality
rights
Kashi Ram continues to guide us in fight for social justice: Rahul Gandhi on BSP founder's birth anniversary
Bahujan Samaj Party founder late Kanshi Ram on his 91st birth anniversary, with senior leader Rahul Gandhi saying his struggle for the rights of Dalits, deprived and exploited «will continue to guide us» at every step in the fight for social justice. «Respectful tributes to the great social reformer, Honourable Kanshi Ram Ji, on his birth anniversary. His struggle for the rights of Dalits, deprived and exploited will continue to guide us at every step in this fight for social justice,» Rahul Gandhi said in a post on X. Congress president Mallikarjun Kharge also paid tributes to the late Bahujan Samaj Party (BSP) leader. «We pay our humble tributes on the birth anniversary of great social reformer, Manyawar Kanshi Ram Ji, who contributed significantly in connecting the Dalit, deprived, exploited and backward classes of the society with the mainstream of Indian politics,» Kharge posted on X. «He left an indelible mark as a pioneer of equality and social justice,» he added. Born in Punjab's Rupnagar on March 15, 1934, Kanshi Ram worked for the upliftment and political mobilisation of people belonging to backward classes.
13.03 / 08:21
markets
ETF
Extreme
Action
Death
wellness
Equality
Rahul Sharma advises stock accumulation amid market choppiness
«So, we feel that this back and forth action is what is happening in the market as of now. A) there is lack of leadership. We saw metals doing well last week, again follow-up buying is not happening in this week,» says Rahul Sharma, JM Financial Services. What do you make of the market setup? It seems like the market has been gradually recovering but a lot of volatility still persists. Rahul Sharma: So, markets are into that zone where the grind is essentially the base formation that we have spoken of in the past and we feel that it could spend some more time in this broad range with 22,700, 22,800 as the very stiff resistance at the higher side and 22,000, 21,800 being a very strong support equally on the downside.
12.03 / 18:19
markets
FIVE
economy
wellness
Equality
rights
International
'Vedanta promoters to maintain 50% stake in each of demerged entities': Anil Agarwal
Vedanta Ltd's promoters will maintain over 50% stake in each of its demerged entities, as the focus remains on creating pure-play companies which will be better placed to capitalise opportunities, the group's chairman said. The mining conglomerate is looking to demerge its businesses — aluminium, oil & gas, power and steel- as separate entities. At present, these businesses are subsumed within Vedanta Ltd, the Indian subsidiary of UK-based Vedanta Resources. «We realised that most of our businesses are sitting under a large banyan tree structure, that is Vedanta. It is better to take them out and allow them to grow in the sun,» Vedanta Resources chairman Anil Agarwal told ET during an interaction. There is no need for a stake sale for cutting debt at the holding company level, he said. «We are very comfortable with our shareholding levels and have no plans to pare down our promoter stake in any way. Equally, we have no plans to increase our stake in any of the companies that will be demerged,» he said, explaining that the company is sufficiently funded to manage affairs through internal accruals. But it is open to selling the steel business if a «right price» is offered.
11.03 / 16:04
UPS
Man
Trade
Inside
social
Schools
Equality
Being locked alone at home as a kid taught this Bengaluru man about gender equality. Here's how
gender equality, and resilience through a heartfelt LinkedIn post recounting his childhood experience. He shared how being locked inside his house every afternoon in Dhanbad shaped his perspective on life and leadership.
10.03 / 15:05
Provident
ETF
Invesco
Equality
Invesco Perpetual UK Smaller Companies trust to change name as Artemis appointed manager
In a stock exchange notice today (10 March), the board of Invesco Perpetual UK Smaller Companies said an application will be made to Companies House to change the trust's name to Artemis UK Future Leaders. Invesco launches S&P 500 Equal Weight Swap ETF In addition, the registered office will now switch to 50 Bank Street, Canary Wharf, London E14 5NT, while the fund administration service provider will now be The Northern Trust Company. The board went on to reassure shareholders that their holdings will suffer no alterations as a result of the name change. «Existing share ce...
10.03 / 12:55
Provident
ETF
Invesco
Equality
Invesco Perpetual UK Smaller Companies to change name as Artemis appointed manager
In a stock exchange notice today (10 March), the board of Invesco Perpetual UK Smaller Companies said an application will be made to Companies House to change the trust's name to Artemis UK Future Leaders. Invesco launches S&P 500 Equal Weight Swap ETF In addition, the registered office will now switch to 50 Bank Street, Canary Wharf, London E14 5NT, while the fund administration service provider will now be The Northern Trust Company. The board went on to reassure shareholders that their holdings will suffer no alterations as a result of the name change. «Existing share ce...
10.03 / 04:57
markets
UPS
Target
security
Analysis
Trade
Equality
Equal Weight on Cholamandalam Investment & Finance, target price Rs 1,650: Axis Securities
Axis Securities has an equal weight call on Cholamandalam Investment & Finance Company with a target price of Rs 1650. The current market price of Cholamandalam Investment is Rs 1465.9. Cholamandalam Investment & Finance, incorporated in 1978, is a Large Cap company with a market cap of Rs 122829.71 crore, operating in the NBFC sector.
09.03 / 12:55
COST
UPS
Aware
Gap
PINK
reports
Equality
The silent surcharge: Pink tax and how it eats into women's earnings
You walk into a store selling personal care products and pick up two nearly identical products —one labelled for men, the other for women. To your surprise, the women’s version costs more. This invisible yet pervasive price disparity, known as the ‘pink tax’, quietly drains women’s wallets on everything from personal care items to professional services like dry cleaning and healthcare.
09.03 / 11:55
UPS
FIVE
wellness
Universities
testing
Equality
New firefighting tech is being trialled in Sardinia’s ancient forests
Subscribe to enjoy similar stories. The fires went on for three relentless days in the summer of 2021, scorching over 13,000 hectares of western Sardinia. Residents “saw their whole world go up in flames around them," says Carlo Poddi, a forestry expert on the island.
09.03 / 11:09
Injustice
film
actress
showbiz
inclusion
stars
Equality
Samamtha Ruth Prabhu is now the first Indian star to guarantee pay parity for artists
Samantha Ruth Prabhu is battling systemic injustices in showbiz, one day at a time. The ‘Yashoda’ actress, who launched her production house Tralala Moving Pictures in 2023, has revealed that every artiste associated with her maiden venture 'Bangaram' will receive equal pay. This unprecedented move has been widely lauded by her peers, including Kannada actress Ramya and cinematographer Preetha Jayaraman, both of whom commended Samantha for championing fair wages in cinema. During a panel discussion on gender equity in the film industry at the Bengaluru International Film Festival (BIFFES), filmmaker Nandini Reddy, who is directing the project, disclosed that Samantha had personally intervened to eliminate pay discrepancies. This decision marks a significant shift in an industry where wage inequality remains a persistent issue.
09.03 / 09:29
markets
Digital
Progressive
Platform
Sustainability
Experts
Equality
Union minister Annapurna Devi to lead India's delegation at Commission on Status of Women at UN
Annapurna Devi will lead India's delegation at the 69th session of the Commission on the Status of Women (CSW) at the United Nations headquarters in New York. The session, which begins on Monday, will focus on global progress in achieving gender equality and the empowerment of women, coinciding with the 30th anniversary of the Beijing Declaration and Platform for Action. According to a statement by the Women and Child Development Ministry, the minister will deliver India's national statement at the Commission which will highlight the government's initiatives for the holistic development of women and girls under Prime Minister Narendra Modi's leadership. She will also participate in discussions on resourcing and accelerating the implementation of the Beijing Declaration and the 2030 Agenda for Sustainable Development, it said.
08.03 / 12:21
markets
Citizens
Fighting
community
Discrimination
Equality
rights
No right to pray: 130 Dalit households in Bengal fight an uneven battle to reach out to God
West Bengal's Purba Bardhaman district are pinning their final hopes on police and district administration to end a caste-based discriminatory tradition of three centuries and receive their Constitutionally-guaranteed right to worship their God. The families at Daspara area of Gidhgram village, all having 'Das' surnames and belonging to the traditional community of cobblers and weavers, have allegedly been forced to stay away from the steps of Gidheswar Shiv temple, the only place of worship in the locality, by the shrine committee and other villagers on grounds that they belong to a «low caste», victims alleged. At their wits' end, victims at the receiving end of this discrimination now plan to take «the fight to the end» and even seek legal recourse if the state administration fails to resolve the crisis.
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