Experts Financial News
18.12 / 19:51
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Prime Video, Peacock, Max new movies to watch: Check full list
Prime Video, Peacock, Max have new movies for subscribers to watch this week. At least four films will be released on Prime Video, Peacock, Max. It was easy to miss Clint Eastwood’s «Juror No. 2» in cinemas, but the 94-year-old’s latest arrives Friday, December 20 on Max. And “Juror No. 2,” despite its small theatrical footprint, has been much praised by critics. In it, Nicholas Hoult plays a juror in a murder trial who’s struggling with a moral dilemma. What goes on inside the Vatican before white smoke flows out of the Sistine Chapel? “Conclave” (streaming now on Peacock), about the election of a new pope, is a gripping thriller that imagines how the gathering of cardinals could go. The film, directed by Edward Berger and based on Robert Harris’ 2016 novel, stars Ralph Fiennes as the cardinal tasked with running the conclave. Nominated for six Golden Globes, “Conclave” is a major Oscar contender and one of the rare recent adult-oriented dramas to succeed at the box office.
18.12 / 19:51
markets
Provident
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PAM
exclusive
ICICI Bank and Times Internet launch Super-Premium Credit Card
ICICI Bank and Times Internet on Wednesday launched a super-premium credit card targeted at ultra high-net-worth individuals. The card, the inaugural edition of which has been crafted from a metal alloy derived from the historic printing plates of The Times of India, is powered by Visa. Cardholders will receive exclusive benefits, including doorstep visa services, exclusive invite-only events by The Times of India Group, access to elite clubs, unlimited lounge access at more than 1,300 global airports, attractive reward points, and helicopter rides, among others. The 'Times Black ICICI Bank Credit Card' provides curated privileges designed to cater to the refined tastes of these individuals with significant spending power. Annual fee for the card is ₹20,000, but the fees will be waived on yearly expenditures of ₹25 lakh through these cards.
18.12 / 18:27
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Schools
I'm entitled to relief: Vijay Mallya on remarks about banks recovering assets worth Rs 14,131 crore from him
Vijay Mallya on Wednesday said that banks have recovered Rs 14,131.60 crore from him «against the judgement debt of Rs 6203 crore» but he continues to be «an economic offender». He said in a post on X that unless the Enforcement Directorate and banks can legally justify how they have taken more than two times the debt, he is entitled to relief. «The Debt Recovery Tribunal adjudged the KFA (Kingfisher Airlines) debt at Rs 6203 crores including Rs 1200 crores of interest. The FM announced in Parliament that through the ED, Banks have recovered Rs 14,131.60 crores from me against the judgement debt of Rs 6203 crores and I am still an economic offender. Unless the ED and Banks can legally justify how they have taken more than two times the debt, I am entitled to relief which I will pursue,» Mallya said.
18.12 / 18:27
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Schools
Uttarakhand to implement UCC from January 2025
Uttarakhand chief minister Pushkar Singh Dhami on Wednesday announced that the Uniform Civil Code (UCC) will come into force from January 2025. The state has done its homework for the implementation of the UCC, he said. Uttarakhand is set to become the country's first state to implement the UCC after Independence. While chairing the meeting of the Uttarakhand Investment and Infrastructural on Wednesday, Dhami told the officials that Uttarakhand is now fully prepared to implement the UCC from January. He instructed the officials to ensure proper training of the personnel, besides arranging all kinds of basic facilities to implement the provisions of the code. He also asked the officials to keep the maximum services online to avoid the chances of inconvenience for the public.
18.12 / 18:27
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SECI defends transfer of 2,333 mw power project from Azure to Adani
Chandrababu Naidu government continues to debate the fate of the controversial solar power deal, the Solar Energy Corporation of India (SECI) has defended the «transfer» of the 2,333 mw power project from Azure to Adani Group before the apex power regulator, citing Andhra Pradesh's power requirement and unchanged terms and conditions of the contract, ET has learnt. In a December 7, 2024 submission to the Central Electricity Regulatory Commission (CERC), SECI stated that «Andhra Pradesh had sought for such supply and SECI could finalise the generation and supply of such quantum by Adani Group on the same terms and conditions». It underlined that the transfer to Adani Group did not affect «the essential terms» on which the regulatory approval was given for the overall Andhra power project by the CERC on April 2, 2022.
18.12 / 17:51
18.12 / 17:31
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International
The barriers and benefits as Banco Santander looks to branch out in Canada
It’s not every day, or even every decade, that a big foreign bank decides to have a go at Canada’s retail banking market.
18.12 / 16:45
markets
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Bill
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Schools
Pakistan govt introduces bill to bar non-filers from opening bank accounts, buying cars above 800cc
The amendment proposed that non-filers would be banned from purchasing shares above a certain limit and opening a bank account. They will not be able to make transactions through a bank beyond a certain limit.
18.12 / 16:45
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IPO
Analysis
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show
Sebi board approves stricter rules for SME market, including financial stability before IPOs
SME IPO market, improve the quality of listings and protect investors' interest. These new rules aim to address concerns around transparency, governance, and the misuse of funds in the booming SME segment.
18.12 / 15:01
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Actor
Experts
HBO’s Harry Potter Series: All you may want to know about filming, release window and creative team
HBO plans to reintroduce Harry Potter in a long-form episodic format. The series will trace Harry’s journey from discovering he is a wizard to his struggles against Lord Voldemort. Showrunner Francesca Gardiner and director Mark Mylod, known for their work on “Succession,” will lead the project. The show will bring the story back to its origins while expanding on existing narratives.
18.12 / 15:01
18.12 / 13:55
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Career
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Experts
Pride
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Morning Coffee: The niche banking job that lost its appeal but might be coming back again. How to forecast the effect of AI on your job
It’s been a strange few years for ESG specialists in investment banking. As recently as 2021 it was one of the hottest recruitment segments, with $500k roles going unfilled. Any banker who had driven past a wind turbine on the way to the airport, or walked past a casino while a Pride event was taking place was reinventing him or herself as an ESG expert, to the extent that the regulators had to put out formal warnings against “ competencewashing ”.
18.12 / 13:25
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show
Tech view: Nifty forms red candle; 24,360 holds key for further upside. How to trade on Thursday
Nifty index formed a red candle on the daily chart on Wednesday and has remained below the 100-day exponential moving average (100-DEMA), indicating weakness. However, currently, the index is placed near the lower end of a consolidation zone. If the index manages to hold Wednesday's low of 24,150, a pullback to 24,350 is feasible; however, for a substantial up move, the index must sustain above the 100-DEMA, which is placed near 24,360. As long as the index is below 24,360, traders should adopt a cautious approach, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.
18.12 / 11:57
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Updates
Stock market update: Nifty Pharma index 1.09%
Shares of Mankind Pharma Ltd.(up 5.42 per cent), Aurobindo Pharma Ltd.(up 2.79 per cent), Lupin Ltd.(up 2.54 per cent), Dr. Reddy's Laboratories Ltd.(up 2.23 per cent) and Alkem Laboratories Ltd.(up 1.89 per cent) ended the day as top gainers in the pack.
18.12 / 11:57
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IPO
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Experts
What Zerodha's Nithin Kamath has to say about Sebi's push for retail algo trading
Zerodha's Nithin Kamath said that it should be okay for savvy traders using APIs for individual trading with some reasonable order limits. However, the APIs have to be accessed through only static IPs.
18.12 / 11:57
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budget 2025
Budget 2025: How can Sitharaman & co help India's trade deficit?
Nirmala Sitharaman as she prepares to present the Union Budget 2025. The trade deficit, driven by high import bills and fluctuating export growth, demands targeted interventions to ensure sustainable economic growth. India’s trade deficit in November widened to an all-time high of $37.84 billion from $27.1 billion in, which has put some pressure on the local currency. This year, the Indian Rupee often traded at around record lows against the US dollar.
18.12 / 11:57
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Sanjay Dutt's scotch whiskey brand Glenwalk aims 4X sales boost in Maharashtra with new 200ml bottle
premium Scotch whisky brand, The Glenwalk, is set to make a major push in Maharashtra with the launch of a new 200ml Nip bottle. Priced at Rs 500, this more accessible format is part of the brand's strategy to quadruple its sales in the region, which already accounts for 68 per cent of its overall sales, the company said in a press release on Wednesday. Fresh off a Gold Medal win at the 2024 IWS Awards, The Glenwalk has garnered recognition for its quality, having also secured top honours at the ProWine 2023 and the 2024 London Spirits Competition. With the 200ml bottle, the brand aims to expand its customer base and further solidify its position in the competitive Indian whisky market. “We are thrilled to introduce the 200 ml Nip bottle to the discerning consumers of Maharashtra,” said Mokksh Sani, Founder of Living Liquidz, Mansionz, and Co-founder of Cartel Bros. “This launch, backed by the expertise of Cartel Bros, is a testament to our commitment to innovation and our dedication to providing premium spirits experiences. We are confident that this new format will resonate with our existing customers and attract new ones.”
18.12 / 11:57
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International
Stock market update: Nifty Auto index 0.75%
Shares of TVS Motor Company Ltd.(up 1.07 per cent), Balkrishna Industries Ltd.(up 0.81 per cent), Bajaj Auto Ltd.(up 0.7 per cent), Mahindra & Mahindra Ltd.(up 0.32 per cent) and Eicher Motors Ltd.(up 0.16 per cent) ended the day as top gainers in the pack.
18.12 / 11:57
markets
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recommendations
Uniform Civil Code will be implemented in Uttarakhand from January 2025: CM Dhami
Pushkar Singh Dhami announced that the Uniform Civil Code (UCC) will be implemented in Uttarakhand from January 2025. According to a press statement issued on Wednesday, all preparations have been completed, and Uttarakhand will become the first state to implement the UCC after independence. During a meeting of the Uttarakhand Investment and Infrastructure Development Board (UIIDB) held at the Secretariat on Wednesday, Chief Minister Dhami stated that the state government has undertaken all necessary preparations to implement the UCC, fulfilling its earlier resolution. The Chief Minister recalled that in the first cabinet meeting of the newly-formed government in March 2022, a decision was made to constitute an expert committee to study and implement the UCC in the state. Following this, a five-member expert committee was formed under the chairmanship of retired judge Ranjana Prakash Desai. Based on the committee's recommendations, the Uniform Civil Code Bill 2024 was passed by the State Legislative Assembly on February 7, 2024.
18.12 / 11:57
markets
Digital
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BBC
Experts
rock
Guardian newspaper confirms sale of Sunday sister paper The Observer to Tortoise Media
Guardian newspaper confirmed Wednesday that it has sold the Observer, the world's oldest Sunday newspaper, to Tortoise Media for an undisclosed fee. The Scott Trust, which owns the Guardian Media Group, said in a statement that Tortoise Media is purchasing the Observer through a combination of cash and shares. The Observer, which was founded in 1791 and became part of the Guardian Media Group in 1993, is a bastion of liberal values in Britain's media landscape.
18.12 / 11:57
markets
Digital
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AVP
Gem, jewellery exports decline 12.9 pc to USD 1,986 million in November: GJEPC
Gems and jewellery exports saw a decline of 12.94 per cent to USD 1,986.21 million (Rs 16,763.13 crore) in November on prolonged geopolitical tension, Gem and Jewellery Export Promotion Council (GJEPC) said on Wednesday. Gems and jewellery exports in November 2023 stood at USD 2,281.4 million, the GJEPC data added. Cut and polished diamonds export in November declined 39.81 per cent to USD 666.01 million compared to USD 1,106.53 million for the same period last year.
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