Gap Financial News

19.06 / 16:41
markets UPS Action Gap Trade Stocks to buy: NOCIL to Axis Bank - ICICI Direct suggests 5 shares with up to 8% upside
Indian stock market: The Indian stock market benchmark index Nifty 50 ended its five-session winning streak on Wednesday, June 19, due to profit-taking at higher levels.The Nifty 50 reached a new peak of 23,664 during the session but retreated from those levels to close down 42 points, or 0.18%, at 23,516. During the session, the 30-share Sensex reached a new peak of 77,851.63 but closed with a modest increase of 36 points, or 0.05%, settling at 77,337.59, with 20 stocks closing lower.“Nifty started the week with a positive gap and traded in a range throughout the session amid positive bias.
19.06 / 16:09
COST Gap WhatsApp exclusive reports Department Cabinet givs nod to VGF scheme for offshore wind energy with Rs 7,453 crore outlay
Union Cabinet on Wednesday approved a viability gap funding (VGF) scheme for offshore wind energy projects with a total outlay of Rs 7,453 crore, including Rs 6,853 crore for installation and commissioning of 1 GW of such projects. The 1 GW offshore wind energy projects will be of 500 MW each off the coast of Gujarat and Tamil Nadu. The outlay also includes a grant of Rs 600 crore for upgradation of two ports to meet logistics requirements for offshore wind energy projects.
19.06 / 15:39
UPS Provident Action Gap Healthcare pandemic Universities ADB approves $170 million loan to strengthen health system in India
India's health system preparedness and capacity to respond to future pandemics. The Strengthened and Measurable Actions for Resilient and Transformative Health Systems will support the government's National Health Policy 2017, which aims to provide quality health care services to all, ADB said in a statement. This policy-based loan will help fill the gaps in policy, legislative, and institutional governance and structures and contribute to India's goal of providing universal access to quality and affordable healthcare services to strengthen pandemic preparedness and response, it said. The programme will strengthen disease surveillance systems to effectively respond to public health threats, it said.
19.06 / 15:07
COST Landmark Gap exclusive information evacuation Cabinet approves offshore wind energy projects in Gujarat, Tamil Nadu with total outlay of Rs 7,453 cr
Information & Broadcasting Minister Ashwini Vaishnaw while announcing the decision said, «Union Cabinet has taken a landmark decision by approving India's first offshore wind energy project. These will be 1GW offshore wind projects, 500 MW each (off the coast of Gujarat and Tamil Nadu). This is a big opportunity for India.» The successful commissioning of 1 GW offshore wind projects will produce renewable electricity of about 3.72 billion units annually, which will result in annual reduction of 2.98 million ton of CO2 equivalent emission for a period of 25 years, as per the govermnet.
19.06 / 11:39
Gap economy Fitch information Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
BEIJING — Ratings agency Fitch no longer expects China to cut its policy rate this year, and has pushed back its expectations for a reduction to next year as the U.S. Federal Reserve keeps its interest rates high.
19.06 / 08:21
Target Progressive Gap Analysis wellness reports inequality Consumption data lays bare India’s deep inequality
₹16,612 per head per month, which is 3.1 times what the median person spends, according to a Mint analysis of the 2022-23 Household Consumption Expenditure Survey. In rural areas, the top 10% spends ₹8,569, compared to a median of ₹3,268, a gap of 2.6 times. On the surface, both urban and rural inequalities have declined since the last available survey from 2011-12, with a sharper decline in urban areas.
19.06 / 08:01
Manufacturing Gap security Trade country Traffic We need corporate nationalism for port infrastructure
A sector’s contribution is traditionally assessed through economic metrics. However, in today’s complex geopolitical landscape, the significance of port infrastructure transcends these measures. This sector holds strategic importance for India’s economic vitality, geopolitical influence and national security.
19.06 / 08:01
markets UPS Digital CEO Gap innovations Zurich Insurance completes acquisition of 70% Kotak Mahindra General Insurance stake in a ₹5,560-crore deal
₹5,560 crore (USD 670 million). This investment includes both new capital and share purchases. This is the largest foreign investment in India's general insurance sector and the first major investment since the FDI limit was raised from 49% to 74% in 2021 in the insurance sector.“The acquisition of Kotak General Insurance sets the way forward for Zurich to be a leading player in a very significant growth market – India.
19.06 / 05:49
UPS Provident Gap students performer stage voice Educators should leverage AI for an educational transformation
If you are reading this article, it’s likely you had at least one great tutor at some stage in your education. Not everyone has the fortune of having access to personalized instruction, guidance and support. Educational psychologist Benjamin Bloom found that students receiving one-on-one tutoring perform two standard deviations better than those in traditional classroom settings, equivalent to improving from the 50th to the 98th percentile.
19.06 / 04:49
Provident Gap security trends information reports Updates Why is it essential to update child insurance policies after a divorce? Here are 6 key reasons
divorce rates in the world, currently estimated at around 1.1%, India has seen a steady increase in divorce cases in recent years. This trend is attributed to the growing complexities of modern life, as noted in a report by the United Nations.Divorce is a challenging journey, especially when children are involved.
19.06 / 01:39
UPS Progressive Platform Gap Research electronic information MeitY to review India AI Mission status this week
government is likely to review the progress of the Rs 10,372-crore India AI Mission this week to thrash out the various details of the ambitious programme, a senior government official told ET. The meeting will focus on aspects such as the quantum of the viability gap funding necessary to set up enough compute infrastructure in the country, how AI (artificial intelligence) skill gap can be covered, and the implementation of the IndiaAI Datasets Platform planned to be set up under the scheme, the official said.
18.06 / 19:57
Gap WhatsApp recommendations Law committee recommends amendment to CGST law to quash retro tax notice
law committee under the goods and services tax (GST) council has recommended an amendment to GST act to raise tax notices where the low tax was paid due to interpretation of law or lack of clarity, ET has learnt. The recommendation, if approved by the council may give relief to a large number of industries including online gaming industry, which was seeking relief from retrospective tax notice. The recommendation may be placed before the GST council and once approved this would pace way for quashing a large number of notices sent to online gaming industry.
18.06 / 14:19
UPS Gap security Cycling prevention Profiles What you need to know about secured credit cards
Credit cards offer rewards, cashbacks, and discounts on purchases. Timely payments can boost your credit score. However, not everyone qualifies for a credit card. The lack of a credit history or a poor credit score can prevent you from obtaining one. This is where secured credit cards come into play, bridging the gap for those with limited credit history.
18.06 / 09:13
markets Gap security Trade Experts Inside information GRM Overseas share price jumps 10% after announcement of fundraise
Stock market today: GRM Overseas share price witnessed a substantial upside during Tuesday's deals. GRM Overseas share price today opened with an upside gap at ₹179.90 per share and touched an intraday high of ₹189.90 per share on NSE, recording more than a 10 percent rise against Monday's close price of ₹171.46 per share.
18.06 / 09:13
markets UPS Gap wellness Experts information Nandan Denim share price hits 52-week high after announcement of 1:10 stock split
Nandan Denim stock split 2024: The board of directors of Nandan Denim Limited has declared a stock subdivision in a 1:10 ratio. The company board took this decision while considering the stock split proposal in its board meeting on Monday.
18.06 / 08:09
Provident Gap security show track social Her perspective is different, her objective is the same — a secure retirement
Many women control the financial decisions for their families, and their life experiences influence the way they approach saving and investing. Go beyond the numbers and learn more about what sets women investors apart.
18.06 / 07:57
markets UPS FIVE Gap economy country Schools India definitely richly valued; but still is a paradise for picking stocks: Porinju Veliyath
«Many people may be feeling getting carried away with the kind of wealth being created in India as an equity investor, this is something once in a century kind of thing happening and when we feel this is likely to continue for next 5, 10, 20 years, that is more exciting,» says Porinju Veliyath, Equity Intelligence India. But like they say on when it is birthday, that means gifts and gifts for ET Now means gifts for ET Now viewers. And gifts from Porinju is always is if you give stock ideas and tips. I think, investors have been very-very blessed and happy in the last many years, especially after the COVID. I used to always use this word lucky, lucky to be in this profession, lucky to be in this domain. It is not a small thing. Many people may be feeling getting carried away with the kind of wealth being created in India as an equity investor, this is something once in a century kind of thing happening and when we feel this is likely to continue for next 5, 10, 20 years, that is more exciting.
18.06 / 04:11
markets Digital CEO Gap Research Experts Schools AI jobs command premium pay as companies fill specialised roles
AI professionals in the country are commanding as much as a 40-80% salary premium compared to traditional IT roles, experts and staffing firms told ET. Roles such as AI research scientist, AI marketing specialist, chatbot specialists, cybersecurity AI, computer vision engineer, robotics engineer along with AI ethics specialist are high in demand as companies scramble to fill new and specialised roles in AI.
17.06 / 22:09
Gap Boxing film voice Inside reports Features Inside Out 2: See when will movie stream on Disney+
Inside Out 2, the anticipated sequel to Pixar's 2015 hit, will have a longer theatrical run before it becomes available on Disney+. This decision reflects Pixar's confidence in the film's success.
17.06 / 19:21
Citizens Gap President social Podcasts Updates Rich Americans confident on money management, but not so much about retirement
A new study by First Citizens Wealth, the wealth management division of First Citizens Bank, pulls back the curtain on well-heeled Americans’ sentiments toward money management and planning for the future.
17.06 / 13:41
Provident Aware Gap Department International The IRS wants to end another major tax loophole for the wealthy and raise $50 billion
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade

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