Experts Financial News

05.12 / 19:39
markets Digital Food trends Experts PAM track Tech to catch price trends in CPI revision
Computer-Assisted Personal Interviewing for collection of price trends, gearing up for revision of the base year to 2024 from 2012 and weightage of items tracked for Consumer Price Index to enhance the efficiency and accuracy of data. The revision of the CPI base year is currently under progress and weights for the items will be derived from the Household Consumption Expenditure Survey (HCES) 2022-23, the ministry said. The inflation data based on the new base year will be released in 2026. The CPI tracks monthly retail prices of goods and services, currently covering 299 items across 1,181 rural and 1,114 urban markets. In the revised CPI series, the weightage of food items is likely to be reduced based on reduced share of food in overall consumption.
05.12 / 19:39
markets Digital students Experts Justice Schools Courts Allahabad HC rejects anticipatory bail plea of teacher who asked Class 2 students to slap Muslim boy
Allahabad High Court has rejected the anticipatory bail plea of a school teacher who asked class 2 students to slap their Muslim friend, a lawyer said on Thursday about the incident that sparked widespread outrage last year. A bench comprising Justice Deepak Verma refused to grant the relief and directed the applicant to surrender before the court concerned within two weeks from the date of the order and apply for regular bail, the plaintiff's lawyer said. «The lower court had already rejected the anticipatory bail plea on October 16. Now, the high court has upheld that decision, rejecting the teacher's plea on November 23,» Kamran Zaidi, the lawyer representing the victim, said. According to the prosecution, police filed a charge sheet against Tripti Tyagi under several sections of the Indian Penal Code (IPC), including Section 323 (voluntarily causing hurt), Section 504 (intentional insult with intent to provoke breach of peace), and Section 295A (deliberate and malicious acts intended to outrage religious feelings).
05.12 / 19:39
markets Digital Cooper Software trends Experts Luna Rising trend in America: People are naming their babies after dogs, what could be the reason?
babies dog names; according to a name consultant, this is a compliment. Baby name consultant Colleen Slagen claims that a growing trend in baby naming is the use of dog names as human baby names, as quoted in a report by The NY Post. In a TikTok video, Slagen revealed that one of the most frequent insults she encounters in direct messages or comments is that a name is a dog's name, not a human one. She mentioned that certain trends spring to mind when she considers dog names. The first is cutesy nickname names, which are also very popular with infants at the moment. Charlie, Daisy, Sophie, Ruby, Sadie, and Archie, for instance. Leo, Max, Chloe, and Luna are examples of short and sweet names.
05.12 / 19:39
markets Digital security Death community Experts PAM 12 Kuki-Zo tribals finally laid to rest; 10 killed in alleged gunfight with CRPF
Kuki-Zo tribals, including the ten killed in an alleged encounter with CRPF in Manipur's Jiribam district on November 11, were laid to rest in Churachandpur on Thursday. Coinciding with the day-long funeral programme, a total shutdown was observed in the area. Thousands of people joined a march and attended the ceremony. Mizoram chief minister's adviser (technical) H Ginzalala and Young Mizo Association leaders also attended the mass burial. The Indigenous Tribal Leaders' Forum in a letter to Union home minister Amit Shah demanded a judicial probe into the killing of 10 youths.
05.12 / 19:39
markets Target Digital Election Experts PAM country Why are our shrines, Masjids being targeted, asks J&K CM Omar Abdullah
Jammu and Kashmir CM Omar Abdullah on Thursday said that Muslims were being victimised and their masjids and shrines targeted under a well-planned conspiracy, despite the country being secular as per the Constitution. Abdullah told reporters here on the sidelines of the annual day of Sher-i-Kashmir Institute of Medical Sciences in Srinagar that if someone doesn't believe that this country is secular let them remove the word 'secular' through an Act in Parliament. Abdullah said Muslim victimisation is happening in the name of «not appeasing the community». «Why are our darasgahs and masjids being targeted under a well-thought conspiracy? I have repeated it several times that you may believe in not appeasing the Muslim community. We also don't ask for any appeasement. But not appeasing us (Muslims) doesn't mean you will target us. Don't target and victimise us in the name of not appeasing us,» said Abdullah.
05.12 / 19:39
markets Digital Booking Sustainability awards Experts PAM Creditors agree to recast IL&FS Transportation Networks arm's Rs 1,269 cr debt
Barwa Adda Expressway (BAEL), have agreed to restructure the ₹1,269 crore debt of the toll company, allowing them to classify the account as standard to recover their dues. The restructuring documents are being finalised and creditors expect to complete the process and book the recovery in the current quarter, people familiar with the plans said. An IL&FS spokesperson confirmed that lenders have approved the restructuring of its ₹1,269 crore aggregate debt.
05.12 / 16:53
markets Strategy Forbes Food Experts reports Relationships New health panic in US? Salmonella-related illness count increases to 68, sliced cucumbers now called back from these stores
Reports are now saying that two produce companies that sold cucumbers, have now decided to recall their products, after dozens of people were sickened by it, as per reports. Also Read: From wedding rumours to the verge of breakup: Has Ben Affleck's marital discord led to trouble in the relationship between Jennifer Garner and John Miller? Here's what her friends are saying
05.12 / 16:53
markets Strategy Trade Experts country Indian businesses shouldn't be excessively dependent on one supply chain: Jaishankar on trade with China
In an interactive session at industry chamber ASSOCHAM, Jaishankar, at the same time, said he was not asking the Indian industry to not do business with that country. To a question on evolving relations with China, he said with that country accounting for 32-33 percent of global manufacturing, it is logical that several supply chains will have to go through China.
05.12 / 16:05
markets Analysis Food Trade Experts Investigations Sebi orders Mishtann Foods to bring back nearly Rs 100 crore misappropriated funds
Capital markets regulator Sebi has directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties. The regulator, in its extensive investigation, found that the company has transferred the fund among promoters, directors, and their relatives under the guise of legitimate trade activities. The deadline for retrieving the money will be within 45 days from the order.
05.12 / 16:05
markets Waters Experts Justice reports prevention Polluted Ganga water can affect health of crores of pilgrims visiting Maha Kumbh in Prayagraj: NGT
National Green Tribunal has observed that the health of crores of pilgrims visiting the Maha Kumbh fair will be impacted if effective steps are not taken to prevent the discharge of sewage into the Ganga in Prayagraj. The 40-day Maha Kumbh Mela, expected to draw millions of devotees from across the globe, is scheduled to commence on January 14 with the Makar Sankranti 'snan' (holy bath) and will conclude on February 26 with the Mahashivratri snan. The green body was hearing a plea claiming 50 drains were discharging sewage directly into river Ganga, in an eight-km stretch from Rasulabad in the city to the Sangam (confluence of river Ganga and Yamuna).
05.12 / 16:05
markets awards CAT Experts RAI Air India taking steps to deal with fog, poor visibility in winter season
The Tata Group-owned Air India faced a Rs 30 lakh fine from the DGCA in January this year for not having enough pilots trained to fly in low visibility conditions ahead of the fog season. «Air India has adjusted flight schedules to minimise disruptions to long haul and metro-to-metro flights with onward connectivity during the fog window. It has also increased the number of CAT-III trained pilots who are certified to land in low visibility operations and CAT-III instrument landing system,» Air India said without giving the number of such pilots.
05.12 / 16:03
markets IPO Platform Analysis Trade Experts Sebi asks merchant bankers to upload IPO documents on exchange's repository platform
Markets regulator Sebi on Thursday asked merchant bankers to upload and maintain due diligence documents related to public issues on the repository platform maintained by stock exchanges. The uploaded documents can be accessed by the relevant merchant banker using individual login credentials. However, such documents must be available for the purpose of supervisory functions of Sebi, the regulator said in a circular.
05.12 / 16:03
markets Target Action Analysis Trade Experts show Ahead of Market: 10 things that will decide stock market action on Friday
stocks, which tracked optimism in global markets after positive comments from the U.S. Fed Chair and as domestic investors await the Reserve Bank of India's monetary policy decision on Friday. The benchmark S&P BSE Sensex gained 809.53 points or 1.00% to settle at 81,765.86, while the broader Nifty 50 index closed at 24,708.40, higher by 240.95 points or 1%.
05.12 / 16:03
markets Art Digital Software Experts Schools Nothing to see here... except $1.5 million: The blank canvas auction
Robert Ryman will be up for auction in Berlin this week, with a value estimated at more than $1.5 million. The 1970 work, titled General 52" x 52", will be available for bidding at the Ketterer Kunst auction house on December 6 and 7. At first glance, the piece may appear to be a simple white canvas, but it is far from ordinary. The artwork, painted using white enamel and enamelac paints—materials generally used for metal surfaces—invites viewers to question the very essence of art. Ryman, who passed away in 2019, was a self-taught artist known for his use of stark white in his works. His minimalist pieces often sparked debate, challenging audiences to rethink traditional notions of what constitutes art. This piece, like many of Ryman’s works, is characterised by its simplicity but demands deeper reflection, highlighting the artist’s meticulous approach to materials and form.
05.12 / 13:55
markets Strategy Software awards Matrix Experts show K Raheja Corp buys two SOBO properties including Bayside Mall for Rs 355 cr
K Raheja Corp has acquired two prime properties including Bayside Mall, one of the early shopping malls of India, and Popular Press Building spread over more than half an acre in south Mumbai’s plush Tardeo locality for over Rs 355 crore. The company has bought these properties through its Ivory Property Trust from Jaydev Mody-led AAA Holding Trust. Ivory Property Trust has paid stamp duty of Rs 21.30 crore for the registration of the deal that took place on August 13. Bayside Mall has a basement, ground and two upper floors built over one-third of an acre. The mall, with a total built-up area of 17,345 sq ft, earlier had 105 units but now has 75 units following the amalgamation of certain units.
05.12 / 13:25
markets Digital Strategy Bill Experts PAM Courts No proposal to increase retirement age of SC, HC judges: Govt tells RS
high court judges, the government told the Rajya Sabha on Thursday. It also underlined that there is no mention of any «cooling off» period in the Constitution for post-retirement assignments for judges. SC judges retire at the age of 65, while HC judges demit office at 62. District judges retire at the age of 60. «There is no such proposal for increasing the retirement age of judges of the Supreme Court and high courts,» Law Minister Arjun Ram Meghwal said.
05.12 / 13:25
markets security Analysis Research trends Trade Experts Sebi proposes devolving ITM single stock options into futures contracts 1 day before expiry
Sebi) is mulling over a framework to devolve In-The-Money (ITM) single stock option contracts into futures, one day prior to expiry. This is aimed at mitigating the potential risks arising out of the sudden movement of Out-of-The-Money (OTM) option contracts to ITM option contracts near expiry. On Thursday, Sebi released a consultation paper on this seeking comments by December 26, 2024.
05.12 / 11:59
markets Provident security Strategy Mobile Experts PAM Stock market investors: Can family members operate their demat accounts using a single mobile number? Here’s what SEBI says
Securities Exchange Board of India (SEBI) recently clarified that under exceptional circumstances, a stock broker can upload the same mobile number or email address for more than one client if the clients belong to the same family. A retail investor can use his number or email ID to operate his family members’ demat accounts under certain conditions. Family for this purpose would mean self, spouse, dependent children and dependent parents. SEBI said that this is possible only under certain circumstances and on the client's written request. This rule will come into force with immediate effect. According to a SEBI circular on December 3, 2024, “Master circular states the following regarding uploading of mobile number and e-mail by stock brokers: Stock Brokers shall ensure that separate mobile number/email address is uploaded for each client. However, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number / email address for more than one client provided such clients belong to one family. Family for this purpose would mean self, spouse, dependent children and dependent parents.”
05.12 / 11:59
markets UPS Analysis Trade Experts Updates Stock market update: Sugar stocks up as market rises
Triveni Engineering & Industries Ltd.(up 9.61%), Simbhaoli Sugars Ltd.(up 1.34%), DCM Shriram Industries Ltd.(up 1.08%), Avadh Sugar & Energy Ltd.(up 0.66%), Kothari Sugars & Chemicals Ltd.(up 0.64%), Rajshree Sugars & Chemicals Ltd.(up 0.60%), Dhampur Sugar Mills Ltd.(up 0.45%), Dwarikesh Sugar Industries Ltd.(up 0.42%), Dalmia Bharat Sugar and Industries Ltd.(up 0.40%) and Sakthi Sugars Ltd.(up 0.21%) stood among the top gainers.
05.12 / 11:59
markets Citi Platform Software Metro Experts beautiful Myntra brings quick delivery to online fashion, launches 30-minute service
Myntra, India’s largest online lifestyle and fashion retailer, has joined the quick-commerce bandwagon, launching a 30-minute delivery service called M-Now in Bengaluru that it plans to expand to cities like Mumbai, New Delhi and Pune in the coming months. Myntra is entering the segment with an extensive assortment — about 10,000 stock-keeping units (SKUs) to start with — compared with a limited number of lifestyle and fashion products like regular t-shirts and innerwear offered on quick-delivery platforms such as Blinkit, Zepto and Swiggy Instamart. It started a pilot project last month and the service is now live in some areas of Bengaluru. M-Now will deliver fashion and beauty products and accessories within 30 minutes using dark stores, or micro warehouses, run by third parties as well as retail stores of fashion brands, Myntra chief executive Nandita Sinha told ET.
05.12 / 10:47
markets Digital Strategy Software Corona Experts PAM PSLV XL Proba-3 Launch: ISRO successfully launches ESA’s mission to study the sun’s corona
The launch took place at 4:04 PM IST from the Satish Dhawan Space Centre in Sriharikota after a smooth countdown. On Wednesday, space agency had rescheduled it's launch to today following an anomaly detected in the satellite propulsion system. The Proba-3 mission consists of two satellites, Coronagraph (310 kg) and Occulter (240 kg), designed to study the Sun’s corona, the outermost layer of its atmosphere.

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