Experts Financial News
11.01 / 12:49
markets
Digital
Waters
Strategy
Experts
PAM
Assam mining tragedy: Bodies of 3 more labourers trapped in coal quarry recovered
The four deceased labourers were among the nine workers trapped inside the mine in Umrangsu on Monday after a sudden gush of water flooded the quarry. «The rescue operations resumed this morning and three bodies were recovered as the search for trapped miners entered its sixth day. The body of one labourer, hailing from Nepal, was recovered on January 8,» the official said.
11.01 / 12:49
markets
Target
Digital
Strategy
Experts
PAM
India adds record renewable energy capacity of about 30 GW in 2024
Besides, India needs to add an average of 50 GW of renewable energy capacity per annum over the next six years to achieve its target. «Exponential growth from 13.75 GW in 2023 to around 30 GW in 2024, resulting in achieving nearly 218 GW now underscores India's growing commitment to clean energy and its progress in building a greener future,» New & Renewable Energy Minister Pralhad Joshi said in a post on X.
11.01 / 12:27
markets
Action
Assurant
Analysis
Research
Trade
Experts
No more actions on derivatives on anvil: Sebi WTM Narayan
capital markets regulator is not planning any more measures to curb or restrict activity in derivatives, Sebi's Wholetime Member Ananth Narayan said on Saturday. An expert group under former RBI executive director G Padmanabhan continues to work on bettering the system, and some moves on ease of doing business and better risk management are being mulled, he added. «At this point in time, there is no thought of Sebi taking any further steps in this particular regard,» Narayan said, addressing an event organised by Sebi-promoted NISM here.
11.01 / 11:49
markets
Digital
Strategy
President
Experts
PAM
country
Extensions in service set back to those who are in line: Vice President Dhankhar
Vice President Jagdeep Dhankhar said on Saturday that extensions in service, extensions in any form for a particular post are set back to those who are in line. Dhankhar was delivering the inaugural address at the 25th National Conference of Chairpersons of State Public Service Commission being held in Bengaluru. According to him, extension of service indicates that some individuals are indispensable. «Indispensability is a myth. Talent abounds in this country. No one is indispensable. And therefore, it lies in the domain of public service commissions at the state and the central level that when they have a role in such kinds of situations, they must be firm,» added the VP. He also said public service commissions' appointments cannot be driven by patronage, or by favouritism.
11.01 / 11:49
UPS
IPO
Platform
Analysis
Trade
Experts
band
EMA Partners India SME IPO to open on Jan 17; raise Rs 76 crore
EMA Partners India on Saturday said it is looking to raise Rs 76 crore on the NSE's Emerge platform through an initial public offering, which will open for public subscription on January 17. The issue with a price band of Rs 117-124 apiece will conclude on January 21. The bidding for anchor investors will open for a day on January 16, the company said in a statement. At the upper end of the price band, the company will raise about Rs 76.01 crore.
11.01 / 11:15
UPS
Fighting
Experts
War
Celebrity
Diary of a dead North Korean soldier reveals grisly battlefield tactics
Subscribe to enjoy similar stories. The crude stick-figure diagram, sketched in blue ink, details how North Korean soldiers deployed to support Russia in the Ukraine war should respond to the approach of a Ukrainian drone. One soldier—referred to as “bait" in the drawing—should stand still to lure the drone so that a pair of comrades can attempt to shoot it down.
11.01 / 10:43
markets
Waters
Strategy
Sustainability
Metro
Experts
innovations
Efforts on to replicate water metro in 18 locations nationwide: KMRL
Kochi Water Metro, efforts are on to replicate the eco-friendly and innovative water transport model in 18 locations nationwide, Kochi Metro Rail Ltd said. KMRL, which operates and maintains the water metro, said that the Ministry of Ports, Shipping, and Waterways has assigned it the task of conducting a feasibility study to assess the potential for similar water metro systems in diverse regions. «With the recent approval of its Board of Directors to form a consultancy wing, KMRL has formed an in-house committee to lead the initial work. If needed, external experts will be brought in to strengthen the process,» it said in a release on Saturday. This new initiative is a proud recognition for Kerala, KMRL innovation and expertise, it added.
11.01 / 10:43
markets
UPS
Analysis
Trade
Experts
show
Inside
Dalal Street Week Ahead: Market outlook remains bearish; Nifty vulnerable to extended weakness
markets extended their decline over the past five sessions and ended the week on a negative note. While the week started on a bearish note, the Nifty violated a few key levels on higher and lower time frame charts. Along with the weak undercurrent, the trading range widened again as the Nifty moved in a 745-point range. The volatility spiked up, and India Vix surged 10.16% to 14.91 on a weekly basis. Following a thoroughly bearish undertone, the headline index closed with a net weekly loss of 573.25 points (-2.39%).
11.01 / 10:43
UPS
IPO
Analysis
Align
Trade
Experts
Laxmi Dental raises Rs 314 crore from anchor investors ahead of IPO
Aditya Birla Sun Life Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Kotak MF, Mirae Asset MF, Tata MF, Birla Sunlife Insurance, Max Life Insurance, Abu Dhabi Investment Authority, Nomura, Goldman Sachs, Al Mehwar Commercial Investments and Natixis Investment Managers, among others, have been allotted shares in the anchor round.
11.01 / 09:13
markets
Digital
Strategy
Experts
PAM
social
reports
CAG report on Delhi's scrapped excise policy reveals Rs 2,026 cr loss to AAP govt; BJP & Congress react
The report, which has not yet been made public, has raised significant concerns about the policy. Reacting to the report, BJP MP Manoj Tiwari said, CAG has revealed the whole story of the corruption of AAP chief Arvind Kejriwal, who has played the role of a broker by destroying the happiness of Delhi.
11.01 / 09:13
markets
Digital
Booking
Platform
Strategy
Experts
PAM
IRCTC down again, fourth outage since last month frustrates users
The users complained that they were unable to access the platform. While logging, many greeted with an error message that read, «Booking and cancellation for all sites will not be available for the next hour. We deeply regret the inconvenience caused.» One user posted, «IRCTC Down!!! Users are unable to book tickets as the website faces its first outage of 2025! The site had previously gone down just before New Year, marking the second service disruption in less than two weeks.»
11.01 / 09:13
markets
Digital
Strategy
Experts
PAM
information
Investigations
"Took loan to pay fraudsters...": Bengaluru woman loses over Rs 1.2 crore in digital arrest scam
digital arrest scam and lost more than Rs 1.2 crore between December 21 and January 3. In a desperate attempt to pay the fraudsters, she even took out a loan of Rs 40 lakh after they drained her savings. According to a TOI report, Keerthana (name changed), from east Bengaluru, lodged a complaint with the East CEN Crime police, revealing that the scam began on December 11 when she received an IVR call from a number (+971 71518333) claiming to be from the courier service ‘DHL’. Following the instructions, she spoke to someone pretending to be a courier executive, who told her that a parcel sent in her name contained six fake passports, ATM cards, and illegal drugs like MDMA. Keerthana explained that she hadn't ordered any such parcel. She was then told that she needed to go to Mumbai to clear the matter with the police. When she expressed that she couldn't immediately travel, the fraudster connected her to someone posing as «Sunil Dutt Dubey», a police officer from Mumbai's crime team.
11.01 / 09:13
markets
Digital
Strategy
Experts
Justice
PAM
Courts
Ex-judge moves HC over gratuity payment for serving as dy Lokayukta
Madhya Pradesh High Court has served a notice to the principal accountant general, Gwalior, on a petition filed by retired judge and former deputy Lokayukta Umesh Chandra Maheshwari seeking direction for his gratuity payment. A division bench of Chief Justice SK Kait and Justice Vivek Jain issued notices while hearing the former judge's plea on Wednesday. Justice Maheshwari became the deputy Lokayukta after his stint as a high court judge. As per the plea, Maheshwari was appointed as the deputy Lokayukta of Madhya Pradesh with effect from June 28, 2016, and rendered his services till June 27, 2022.
11.01 / 09:13
markets
Target
Analysis
Hyundai
wellness
Trade
Experts
CLSA initiates "Outperform" rating on Hyundai, sets target price of Rs 2,155
CLSA has initiated coverage on the recently listed Hyundai Motor India with an «Outperform» rating and a target price of Rs 2,155, predicting an upside potential of 20.5%, citing the automaker's strong growth prospects and strategic expansion plans. Describing Hyundai’s positioning as ‘aspirational yet affordable’, the brokerage firm notes that while Hyundai is currently experiencing a period of low growth amid elevated utilization rates, the company's outlook remains promising.
11.01 / 07:13
markets
Digital
Strategy
Experts
PAM
Supertech Township Projects lender rejects settlement proposal, NCLAT to decide on insolvency
Supertech Township Projects, has rejected the settlement proposal and NCLAT will now take a final decision on the insolvency of the debt-ridden realty firm. Counsel representing Ram Kishore Arora, the suspended director of the realty firm informed NCLAT on Thursday about the rejection of the settlement proposal. «Counsel for the appellant (Arora) submits that they have received the communication from Punjab & Sind Bank that the proposal submitted by the appellant is not acceptable,» noted an NCLAT order recording the submissions. A three-member bench of the National Company Law Appellate Tribunal (NCLAT) said it will have to take a «final decision» in the matter as the appeal has been pending for the last several months.
11.01 / 07:13
markets
Digital
Strategy
Bill
Experts
PAM
reports
How high electricity bill led to discovery of 6 month old murder in a Madhya Pradesh house
According to a TOI report, the house was owned by businessman Dhirendra Shrivastava, who has been living in Dubai for the past six months. The house had a room, kitchen, and toilet on the right side, while the left side contained two bedrooms and a hall. The two sides were connected by a staircase that led to the upper floor, which remained in Shrivastava's possession. In July 2024, Balveer Rajput, a resident of Ingoria in Ujjain, rented the ground floor. He had repeatedly asked the landlord, who was in Dubai, to unlock another room for his family, which included his wife and two children aged 10 and 11, as the room had been kept locked by the previous tenant. Eventually, the landlord gave permission to unlock the room.
11.01 / 07:13
markets
Digital
Strategy
Election
Experts
PAM
"...Why does Arvind Kejriwal not formalize his alliance with BJP?" Congress candidate Abhishek Dutt
Abhishek Dutt targeted Aam Aadmi Party (AAP) national convenor Arvind Kejriwal, asking him to clear the air on the chief ministerial face of the AAP for the upcoming Delhi assembly polls. The Congress candidate stated that development is at the heart of the Delhi assembly polls. "… Why does Arvind Kejriwal not formalise his alliance with BJP?.. Who is that person in the BJP who tells Chief Minister Atishi that temples are going to be demolished and she makes insensitive statements?.. Who are these people from BJP who are associated with AAP and are distracting Delhi from the main issues? The direct issue of Delhi is 'development'… They (AAP) have turned a green Delhi into a polluted Delhi, a liquor-filled Delhi...," Dutt told ANI, in response to a query regarding AAP suggesting that BJP's CM face will be Ramesh Bidhuri.
11.01 / 07:13
markets
Digital
Strategy
Election
wellness
Experts
PAM
Devajit Saikia, Prabhtej Bhatia to be officially named as BCCI secretary and treasurer
Devajit Saikia and Prabhtej Singh Bhatia will be officially elected as the BCCI secretary and treasurer respectively during the Special General Meeting (SGM) here on Sunday. Saikia and Prabhtej were the only candidates in the fray for the vacant posts once BCCI electoral officer and former CEC of India, Achal Kumar Joti finalised the list on Tuesday. Saikia has been working as the BCCI interim secretary since Jay Shah took over as the ICC chairman on December 1. The BCCI constitution stipulates that any post lying vacant should be filled within 45 days by calling a SGM, and Sunday's meeting is well within that period, holding on the 43rd day.
11.01 / 05:55
markets
Digital
Strategy
Experts
Celebrity
PAM
performer
Ayodhya celebrating the Ram Mandir’s 1st anniversary on January 11 instead of January 22. Here's why
Pran Pratishtha ceremony of the Ram Temple. Although the historic consecration ceremony took place on 22 January 2024, the first anniversary is being celebrated on 11 January 2025.
11.01 / 05:27
Hollywood
Citi
Research
Experts
stage
stars
infection
Hollywood star Mel Gibson claims that his friends were cured of stage 4 cancer through two drugs used against worm infestation!
antiparasitic drugs, traditionally prescribed for infections caused by roundworms and other parasites, hold the key to combating cancer? Hollywood actor Mel Gibson appears to believe so. In a candid conversation on comedian Joe Rogan's podcast, the Braveheart star revealed that two of his close friends, who had been battling stage 4 cancer, experienced remarkable recoveries after using ivermectin and fenbendazole—drugs commonly employed to treat parasitic infections like roundworms and threadworms. Gibson went on to make a bold statement, claiming that all three friends who tried these medications «don’t have cancer right now.» He emphatically added, «This stuff works, man.» While these claims have sparked interest, experts urge caution, as scientific evidence supporting the use of these drugs for cancer treatment remains in its infancy. Some preliminary studies hint at potential benefits. For instance, ivermectin, when combined with other therapies, has been found to shrink tumors in early research, though such findings are yet to be validated by larger clinical trials. Similarly, fenbendazole—marketed under brand names such as Panacur and Safe-Guard—has shown promise in laboratory studies by halting the growth of certain aggressive cancer cells.
11.01 / 05:27
markets
Digital
Strategy
President
Experts
PAM
Interviews
Panama Canal administrator pushes back against Trump's assertions of Chinese meddling
Donald Trump that the United States should take it over. In an interview with The Associated Press, Ricaurte Vasquez denied Trump's claims that China was controlling the canal's operations, and said making exceptions to current rules concerning its operation would lead to «chaos.» He said Chinese companies operating in the ports on either end of the canal were part of a Hong Kong consortium that won a bidding process in 1997. He added that U.S. and Taiwanese companies are operating other ports along the canal as well. Trump has gone so far as to suggest the US should take back control of the canal and he would not rule out using military might to do so.
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