Experts Financial News

10.12 / 12:17
markets Digital Software wellness Experts PAM Inside ISRO & Navy conduct sea trials to safely recover astronauts
human spaceflight mission, Gaganyaan, closer to reality, the Indian Space Research Organisation (ISRO) and the Indian Navy have successfully completed ‘well deck’ recovery trials, the space agency announced on Tuesday. The trials were conducted by the Eastern Naval Command using a well deck ship off the coast of Visakhapatnam on December 6. For the Gaganyaan mission, this technique is critical for ensuring the safe recovery of astronauts following their three-day mission around Earth’s orbit. “Once the Crew Module (CM) touches down in the sea at the end of the mission, the crew must be recovered as quickly and comfortably as possible,” ISRO said. A well deck—a ship compartment that can be flooded to allow boats, landing crafts, or spacecraft to dock is a preferred option for recovering the module.
10.12 / 12:17
markets Digital Software Experts PAM Investigations Who is Faiz Hameed, the former ISI chief who has been indicted in corruption charges in Pakistan
Hamid will also be investigated in connection with attacks on Pakistan's military in May 2023, a statement from the military said.
10.12 / 12:17
markets UPS Analysis Enterprise Trade Experts AGRO Stock market update: Fertilisers stocks up as market rises
Sikko Industries Ltd.(up 3.38%), The Fertilisers and Chemicals Travancore Ltd.(up 2.62%), Chambal Fertilisers & Chemicals Ltd.(up 1.64%), Aries Agro Ltd.(up 1.38%), National Fertilizers Ltd.(up 1.33%), Krishana Phoschem Ltd.(up 1.31%), Southern Petrochemicals Industries Corporation Ltd.(up 1.20%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.99%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.86%) and Paradeep Phosphates Ltd.(up 0.81%) stood among the top gainers.
10.12 / 12:17
markets Digital Software Experts country cover Taiwan's Defence Ministry says large Chinese military force detected near island
The deployment covers a wider area this time, with additional ships going beyond Taiwan into other parts of the Pacific, defence officials said at a news conference. Lt. Gen. Hsieh Jih-sheng said China's navy is creating two walls — one at Taiwan's perimeter and another outside the first island chain, which extends south from Japan and through Taiwan to the Philippines. «The message they are sending is very simple: The Taiwan Strait is ours,» he said, referring to the waters between Taiwan and China.
10.12 / 12:17
markets Target Digital Google Platform Software Experts Meta warns about online holiday shopping scams that you should watch out for this December
holiday shopping scams that one should watch out for this December. The social media giant has launched a worldwide anti-scam awareness campaign aimed at protecting users from fraudulent schemes during the holiday shopping season. The company, which owns Facebook, WhatsApp, and Instagram, revealed it has taken down over two million accounts linked to scam centers in Cambodia, Myanmar, Laos, the UAE, and the Philippines this year. In another instance, Meta said its enforcement efforts have removed 15,000 phishing URLs in Vietnam and 9,000 in Singapore this year to save people from holiday shopping scams. Meta in a blog post said it has partnered with a top internet safety expert and ethical hacker, Rachel Tobac, to share how scammers might be targeting people online this holiday season and how to avoid scams. Meta disrupted scam campaigns targeting holiday shoppers outside of our platforms and took thousands of malicious URLs that impersonated Meta’s apps off the internet, it said in a statement.
10.12 / 11:47
markets Analysis Food Trade Experts Olympics orienteering Sensex rises! But these stocks fell 5% or more in Tuesday's session
On the BSE, VCK Cap Market(down 20.00 per cent), Olympic Cards(down 18.75 per cent), Sancode Technologies(down 10.00 per cent), Rajdarshan Ind(down 9.99 per cent) and Rose Merc. Ltd.(down 9.96 per cent) stood among the top losers in today's trade.
10.12 / 11:47
markets Digital Software awards Experts PAM information Gross NPAs of public sector banks at Rs 3.16 lakh crore, over 3% of outstanding loans
public sector banks (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, Parliament was informed on Tuesday. Minister of State for Finance Pankaj Chaudhary said in the Rajya Sabha that as per provisional data of the Reserve Bank of India (RBI), gross NPAs of PSBs and private sector banks as on September 30, 2024 were Rs 3,16,331 crore and Rs 1,34,339 crore, respectively. Further, gross NPAs as percentage of outstanding loan was 3.09 per cent in public sector banks and 1.86 per cent in private sector banks. Chaudhary further said as of March 31, 2024, 580 unique borrowers (excluding individuals and overseas borrowers), each having loan outstanding of more than Rs 50 crore, were classified as wilful defaulters by Scheduled Commercial Banks.
10.12 / 11:31
markets Analysis Enterprise Trade Experts Updates orienteering Stock market update: Mining stocks down as market rises
MOIL Ltd.(up 3.59%), Ashapura Minechem Ltd.(up 1.60%), Gujarat Mineral Development Corporation Ltd.(up 1.23%), Aro Granite Industries Ltd.(up 1.22%), NMDC Ltd.(up 1.02%) and Coal India Ltd.(up 0.02%) stood among the top gainers.
10.12 / 11:31
markets Manufacturing Strategy Software awards Experts PAM EEPC India submits pre-budget memorandum to MSME Ministry
EEPC India, the apex engineering exports promotion body, has proposed introducing a 25% income tax slab for MSME manufacturing units that are partnerships, LLPs, or sole proprietorships. In its pre-Budget memorandum to the Ministry of Micro, Small and Medium Enterprises, EEPC India also suggested increasing the benefits limit available under the Interest Equalization Scheme (IES) to Rs 10 crores from Rs 50 lakh now and offering 100% depreciation for investment in solar power generation by MSME units. Pankaj Chadha, Chairman, EEPC India said in a statement, «Private limited companies currently pay 25% income tax, while entities like partnerships, LLPs, and sole proprietorships pay approximately 35% after including surcharges. We therefore urge the government to introduce a 25% income tax slab for MSME manufacturing units that are partnerships, LLPs, or sole proprietorships. The condition would be that the extra 10% saved must be reinvested in the business.»
10.12 / 11:31
markets Strategy Software Enterprise Experts PAM Department budget 2025 Ahead of Budget 2025, revenue secretary Sanjay Malhotra's transfer to RBI leaves key position vacant
Sanjay Malhotra from the Ministry of Finance in New Delhi to the Reserve Bank of India in Mumbai has left a key position vacant, just seven weeks before Finance Minister Nirmala Sitharaman is set to present the Union Budget. This development poses a unique challenge as the government has yet to announce Malhotra's successor for a role that demands extensive expertise in both direct and indirect taxation. Historically, the government has refrained from extending terms of finance officials even in the crucial lead-up to the budget. The vacancy now highlights the delicate balance required to ensure seamless coordination within the finance ministry, which comprises six departments—Revenue, Expenditure, Economic Affairs, Financial Services, DIPAM, and Public Enterprises. Of these, Revenue, Expenditure, and Economic Affairs play critical roles in shaping the Union Budget. This year's scenario is further complicated by recent changes in leadership. DIPAM Secretary Tuhin Kanta Pandey, now serving as the Finance Secretary due to his seniority, is juggling multiple responsibilities, including overseeing the Department of Public Enterprises and the Department of Personnel. For Expenditure Secretary Manoj Govil and Financial Services Secretary M. Nagaraju, the upcoming budget will be their first experience in such a high-stakes exercise.
10.12 / 11:31
markets UPS Analysis Enterprise Food Trade Experts Stock market update: FMCG stocks up as market rises
Bajaj Consumer Care Ltd.(up 10.15%), Hatsun Agro Products Ltd.(up 7.58%), Emami Ltd.(up 3.21%), Hindustan Foods Ltd.(up 2.82%), Bikaji Foods International Ltd.(up 2.58%), Zydus Wellness Ltd.(up 2.44%), Tasty Bite Eatables Ltd.(up 1.80%), Euro India Fresh Foods Ltd.(up 1.72%), Colgate-Palmolive(India)Ltd.(up 1.61%) and Gillette India Ltd.(up 1.44%) stood among the top gainers.
10.12 / 11:31
markets Art Analysis Trade Experts Updates orienteering Stock market update: Nifty IT index 0.82%
Shares of LTIMindtree Ltd.(up 2.98 per cent), MphasiS Ltd.(up 2.49 per cent), Persistent Systems Ltd.(up 1.79 per cent), Wipro Ltd.(up 1.44 per cent) and HCL Technologies Ltd.(up 1.39 per cent) ended the day as top gainers in the pack.
10.12 / 11:31
markets Software Death pandemic Experts Courts Vaccines Covid a disaster like no other, vaccination saved lives: Centre to SC
Covid 19 pandemic was «a disaster like no other» and vaccination saved people's lives. The submission was made when a bench of Justices Vikram Nath and P B Varale was hearing a plea over the alleged vaccine-induced deaths of two women. After additional solicitor general Aishwarya Bhati, representing the Centre, said Covid was a disaster like no other, senior advocate Colin Gonsalves, representing the women's parents, responded, «We are not contesting that. We do not dispute.» The plea, filed by the parents of the two women, claimed after the first dose of their Covishield vaccination, the women suffered severe adverse effects following immunisation (AEFI).
10.12 / 11:11
markets Analysis Trade Experts Updates Pharmaceuticals orienteering Stock market update: Nifty Pharma index 0.08%
Shares of Glenmark Pharmaceuticals Ltd.(up 1.89 per cent), Lupin Ltd.(up 1.4 per cent), Mankind Pharma Ltd.(up 1.03 per cent), Ipca Laboratories Ltd.(up 0.7 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.68 per cent) ended the day as top gainers in the pack.
10.12 / 11:11
markets UPS Analysis Forbes Trade Experts Sensex rises! These stocks gained over 10% on BSE
These high-performing stocks that rallied more than 10% during the session included, The Phosphate Co.(14.94%), Vision Corp(14.03%), Remi Edelstahl(13.32%), Greenpanel Ind(13.20%), CWD L(12.91%), Forbes Precision Too(12.71%), Nalwa Sons Invst(12.38%), Mukta Agriculture(12.16%), Bhartia Bachat(12.14%) and Shivam Autotech(11.96%).
10.12 / 11:11
markets Provident Digital Platform Software Experts country Gaining customers’ trust vital for ecommerce: Pralhad Joshi
Pralhad Joshi said on Tuesday, while cautioning that its rapid expansion is accompanied by various risks. “The future of ecommerce in India is bright, inclusive and transformative. While this digital revolution offers incredible opportunities, our government believes it is equally important for consumers to feel confident and make informed choices. Gaining the trust and confidence of consumers is crucial for ecommerce platforms,” Joshi said at Amazon's flagship annual summit, Amazon Smbhav. “Online platforms are now required to provide accurate product details, transparent pricing, disclose the country of origin, and ensure clear return and refund policies while maintaining product quality,” he said, emphasising that platforms often attempt to promote a particular brand.
10.12 / 11:11
markets Strategy Analysis Trade Experts Updates International Stock market update: Nifty Auto index 0.03%
Shares of TVS Motor Company Ltd.(up 1.26 per cent), Mahindra & Mahindra Ltd.(up 0.52 per cent), Samvardhana Motherson International Ltd.(up 0.3 per cent), MRF Ltd.(up 0.24 per cent) and Tata Motors Ltd.(up 0.15 per cent) ended the day as top gainers in the pack.
10.12 / 11:11
markets security Software Experts Justice hospital reports RG Kar case: Suggestions on security, safety of med professionals to be shared with NTF, says SC
gender-based violence and developing safety protocols for doctors and medical staff at hospitals with the court-appointed national task force. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar said the NTF will file its report within 12 weeks from Tuesday for its consideration. The top court constituted the NTF on August 20 to formulate a protocol for ensuring safety and security of medical professionals in the wake of the rape and murder of a doctor at RG Kar Medical College and Hospital in Kolkata. While hearing the suo motu case on Tuesday, the CJI said the case would be next heard in the week commencing March 17, 2025, but suggested the parties could seek an earlier hearing if the rape and murder trial of the case was delayed.
10.12 / 11:11
markets Art Analysis Trade Experts Updates orienteering Stock market update: Nifty Bank index 0.32%
Shares of Au Small Finance Bank Ltd.(up 1.74 per cent), Punjab National Bank(up 1.57 per cent), State Bank of India(up 1.11 per cent), IDFC First Bank Ltd.(up 1.0 per cent) and Canara Bank(up 0.64 per cent) ended the day as top gainers in the pack.
10.12 / 09:21
Platform wellness Actor Experts Celebrity social Courts Celebrities hit back at social media trolls with defamation suits to safeguard their reputations
Subscribe to enjoy similar stories. Celebrities are increasingly considering filing suits against media platforms that carry defamatory content by trolls, having become more cognisant of the damage that can be caused as the dissemination and consumption of content on the Internet surges.
10.12 / 08:37
markets Art Analysis trends Trade Experts reports Tata Power shares 1.52% as Sensex falls
Tata Power Company Ltd. traded 1.52 per cent in Tuesday's session at 01:43PM (IST). The stock opened at Rs 442.75 and has touched an intraday high and low of Rs 443.20 and Rs 433.70, respectively, during the session so far. The stock quoted a 52-week high of Rs 494.85 and a 52-week low of 312.60. About 1,028,725 shares changed hands on the counter so far.

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