Experts Financial News
17.07 / 02:41
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Lenders bank on special plans to raise retail deposits
lenders have intensified efforts to garner retail deposits through special plans that offer savers at least 25-30 basis points more than current commitments of comparable tenures, signalling policy interest rates will remain elevated for some time now. SBI, Bank of Baroda, Indian Overseas Bank, Union Bank of India and Bank of Maharashtra have started deposit plans offering 7.25% to 7.30% on investments stretching from 399 to 444 days. These banks are offering an additional 50 basis points for senior citizens. The move to raise deposit rates comes within a fortnight of the Reserve Bank of India's (RBI's) interaction with banks. Narrowing the Gap
16.07 / 21:29
UPS
Trade
Experts
After $BRETT Mints Millionaires, Next Up is Base Dawgz Meme Coin for 1,000x Gains Say Crypto Experts
$BRETT, the most valuable meme coin on the Base chain, is headed for a $2 billion-plus valuation as the crypto complex prints a bottom and recovery mode sets in.
16.07 / 19:59
Provident
Digital
Manufacturing
Research
Experts
information
Experts suggest Aadhaar number to better manage recycling of batteries
India's e-mobility R&D roadmap has suggested an Aadhaar number for batteries to keep a digital record of its material composition, usage history and end of life management as part of efforts to streamline the recycling process. The suggestion is part of the eMobility R&D Roadmap for India, released by Principal Scientific Adviser to the government Prof A K Sood, that lists out 34 research projects to become self-reliant and emerge as a global leader in providing innovative mobility solutions. «This roadmap aims to fill critical gaps in the current research and development framework. While many identified projects are yet to achieve global success, some areas already demonstrate significant international accomplishments where India is yet to commence preparations,» said Prof Karthick Athmanathan, a member of the Consultative Group of e-Mobility Advisory Committee. The roadmap has listed 34 projects for research and development across four broad areas — energy storage cells, EV aggregates, materials and recycling, charging and refueling.
16.07 / 19:27
Manufacturing
Align
Food
Experts
country
2020
guidelines
Pharma companies against plan to bring nutraceuticals under drug regulator
nutraceuticals to the drug regulatory authority from the oversight of the Food Safety and Standards Authority of India (FSSAI) has come under fire from pharma lobby groups and industry experts, who have raised apprehensions over the move and said the proposal should be kept in abeyance until it is discussed in detail. Nutraceuticals refers to food products with extra health benefits and includes supplements, functional foods and beverages. According to industry data, the segment is projected to grow to $18 billion in India by the end of 2025 from $4 billion in 2020. Experts said the regulations for nutraceuticals in the country are aligned with Codex Alimentarius, a global body functioning under the auspices of the World Health Organisation (WHO) to ensure safety of consumers.
16.07 / 16:11
Platform
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consequences
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cricket
Mint Explainer: NCLT admits insolvency plea against Byju’s. Here’s what it means
National Company Law Tribunal (NCLT) admitted an insolvency petition filed by the Board of Control for Cricket in India (BCCI) against Think & Learn Pvt Ltd, the parent company of Byju’s, for allegedly defaulting on dues worth ₹158 crore. This is the latest in a series of setbacks for the online tutoring platform. While Byju’s has previously navigated similar challenges, such as the out-of-court settlement with Surfer Technologies, this latest development could have a more severe impact.
16.07 / 08:37
security
Strategy
Death
Experts
reports
peace
Doda Terror Attack: Why are terror incidents rising despite govt's 'peaceful' claims in Jammu-Kashmir? Five possible reasons
Jammu and Kashmir's Doda district today. Criticising the government, the Congress party shared a graphic showing that within just 38 days of the BJP government's third term, nine terrorist attacks have been reported. These attacks resulted in the deaths of 12 soldiers, injuries to 13 others, and casualties among civilians, with 10 deaths and 44 injuries recorded.
16.07 / 03:27
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Justice
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Govt to restructure MSE facilitation councils to resolve delayed payments
The entire end-to-resolution process now is not online, but the application process is. Anil Bhardwaj, Secretary General of the Federation of Indian Micro and Small & Medium Enterprises (FISME) said: "Arbitral awards given by the MSME facilitation councils are often appealed in higher courts, and the issue of delayed payments to MSMEs takes that much longer to be resolved." He further said that the the execution of arbitral award given towards MSMEs currently takes considerable time period which impacts the finances of these small businesses.
16.07 / 03:05
markets
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Opinion
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Q1 results today: Bajaj Auto, L&T Finance among 24 companies to announce earnings on Tuesday
Bajaj Auto, L&T Finance, Just Dial, and DB Corp among others. Apart from the above, investors can also keep an eye on the earnings of Century Textiles, BMW Industries, Deccan Bearings, Dee Development Engineers, Himadri Speciality, IGC Industries, Jubilant Ingrevia, Crusil, Network18 Media among others.
16.07 / 02:44
Digital
Man
Sustainability
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country
Updates
Budget 2024 Expectations Live Updates: Experts anticipate key policy shifts across real estate, finance and more
Budget 2024 Expectations Live Updates: As the Union Budget 2024 approaches, various sectors are abuzz with expectations for significant policy shifts and financial allocations. The real estate industry hopes for renewed tax reliefs and infrastructure investments, while the financial sector looks forward to grants for Bank Mitras.
15.07 / 20:11
Booking
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Corning
Experts
country
pneumonia
How did black slave make sour-mash Jack Daniel whiskey for which US is known today?
Nathan Nearest Green was hired by Jack Daniel's Distillery as its first master distiller in 1866. Its sour-mash whiskey is still the top-selling whiskey and most globally recognized spirit made in the US. Green's descendants have been working at the distillery for more than 150 years. The whiskey is unique in its taste and texture and some experts believe that it is so due to the technique known in western Africa. Charles K. Cowdery, author of the book «Bourbon, Straight: The Uncut and Unfiltered Story of American Whiskey,» has described in detail the journey from a slave boy to the maker of one of the finest whiskey in the country.
15.07 / 19:40
markets
UPS
Aware
Mobile
Experts
rights
Eutelsat OneWeb, Jio seek provisional satellite spectrum to be future-ready
Eutelsat OneWeb and Reliance Jio are believed to have called on communications minister Jyotiraditya Scindia to consider early provisional allocation of satellite spectrum for around six months so that companies that have the requisite permissions can quickly launch broadband-from-space services commercially in India. Companies need a GMPCS (global mobile personal communications by satellite services) license and necessary regulatory approvals from Indian National Space Promotion & Authorisation Centre (IN-SPACe) before launching commercial satcom services in India, a nascent market but with a lot of potential, say experts. The issue came up during a meeting with key industry stakeholders of the satcoms ecosystem that was chaired by Scindia on Monday, two people aware of the matter said.
15.07 / 19:29
COST
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Experts
Celebrity
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patient
prevention
Celebrities are getting $2,000 MRI scans to learn about their health. Should you?
Celebrities and influencers are helping promote high-tech medical scans that companies claim can help catch deadly diseases, including cancer
15.07 / 17:30
MET
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Uttarakhand CM seeks Centre's nod for 21 new hydro electricity power projects of 2123 MW
Uttarakhand's total capacity for hydro electricity generation is being utilised at present, Chief Minister Pushkar Singh Dhami on Monday sought the clearance of 21 new hydel power projects with a capacity of 2123 MW for the state from the Centre. The request was made by the chief minister at a meeting with Union Minister of Power Manohar Lal Khattar when the latter met him at his official residence here. Khattar is on a visit to the state to review the progress of Tehri Hydro Power Complex and various urban development projects in the state. Expert committees have recommended the implementation of 21 new hydel power projects with a capacity of 2123 MW to be built on the Alaknanda and Bhagirathi rivers and their tributaries, the chief minister said.
15.07 / 13:47
markets
security
Strategy
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Opinion
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Bank of Maharashtra to raise Rs 5,000 crore in equity to pare govt stake
Bank of Maharashtra is planning to raise Rs 5,000 crore in equity this year as part of a two-year strategy to pare the government stake to 75% to conform to the market regulation. The bank said it needs to raise a total of Rs 6,700 crore at current price to bring down the promoter holding below the threshold level.
15.07 / 13:39
UPS
wellness
Experts
band
International
mountaineering
How to build six pack abs with a 10-minute workout
Built With Science, in an article titled The Best Ab Workout For Six Pack Abson his website. Ethier starts his ab workout with a bottom-up movement—the reverse crunch. He then follows it up with high-to-low woodchoppers on the cable machine or bicycle crunches for obliques.
15.07 / 11:35
UPS
Provident
security
Sustainability
Experts
recommendations
Nifty Bank stuck in a range; a breakout above 52,500 could take it towards 53K: Experts
Nifty Bank rallied nearly 200 points on Monday but failed to close above the 52,500 level, which is a crucial resistance level for the index. It closed 177 points higher at 52,455 while the Nifty50 rose 84 points to close at 24,586.
15.07 / 10:36
15.07 / 10:26
community
Experts
Justice
performer
reports
Courts
Investigations
SC agrees to consider listing plea against scientific survey of "Bhojshala"
Supreme Court on Monday agreed to consider listing a plea against a «scientific survey» of "Bhojshala", a medieval-era structure in Madhya Pradesh's Dhar district which both Hindus and Muslims claim as their own. A petition was filed in the top court by the Maulana Kamaluddin Welfare Society challenging the March 11 order of the Madhya Pradesh High Court for a «scientific survey» of the shrine to ascertain it belonged to which community. In its March 11 order, the high court order had directed the Archaeological Survey of India (ASI) to carry out a survey of the Bhojshala complex within six weeks. A bench of Justices Hrishikesh Roy and SVN Bhatti agreed to consider listing the matter after advocate Vishnu Shankar Jain, appearing for the Hindu petitioners, submitted that the ASI has already filed its report.
15.07 / 04:25
COST
UPS
Experts
Latest SBI loan interest rate July 2024: State Bank of India increases loan rates by up to 10 bps
In June the bank hiked lending rates (MCLR) on select tenures by 10 bps. Loan interest rates in July 2024: These 7 banks have revised loan interest rates in July
15.07 / 03:44
markets
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Opinion
Trade
Experts
classical
recommendations
Big movers on D-Street: What should investors do with RailTel, Axis Bank and HCL Tech?
Stocks that were in focus include names like RailTel, which soared 14.29%, Axis Bank, which gained 1.6%, and HCL Tech, whose shares Jumped 3.3% on Friday.
15.07 / 01:44
markets
Booking
Trade
Experts
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stage
Buoyant market leads to 128% jump in STT receipt so far this fiscal
₹16,634 crore, against ₹7,285 crore collected in the same time a year ago, according to the Central Board of Direct Taxes (CBDT). This follows strong volume growth in the markets, as valuations stage a rebound after the national polls. Data from the Bombay Stock Exchange showed there have been 4.6 million trades a day an average so far this financial year compared with 3.3 million trades last financial year.
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