Gap Financial News
07.04 / 15:39
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Invincible Season 3: All you may want to know about release date, production status, what to expect, cast and characters
Invincible Season 2 concludes, fans are eagerly anticipating the release of Season 3. With production well underway, here's everything we know about the upcoming season.
06.04 / 12:23
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International
The gender pay gap in banking: why women say it persists
If you thought men being paid more than women in banking is becoming a thing of the past, then today's revelation that the gender pay gap at Goldman Sachs hasin fact expanded to its widest level in six years, will come as a terrible surprise.
06.04 / 10:25
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Legislative amendments needed to expand jurisdiction of family courts: Justice Hima Kohli
Hima Kohli, who heads the Supreme Court's committee for family court matters, on Saturday suggested legislative amendments to expand the jurisdiction of family courts and enhance their efficacy for smooth and effective disposal of cases. In her keynote address at a two-day regional conference for northern zone on family court matters, Justice Kohli said the Family Courts Act which came into being in 1984 is comprehensive but it has its limitations which contribute to the inefficacy of family courts. A significant limitation of the Act is its silence on granting injunctions against domestic violence, she said. «The gap was partially addressed by the Protection of Women From Domestic Violence Act, 2005 but jurisdictional challenges persist,» Justice Kohli said.
06.04 / 05:39
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Banking sector Q4 preview: PSU Banks to continue to post better earnings growth than private banks, says Elara
Q4 Results Preview | Telecom cos to report moderate growth on ARPU upgrades; Bharti Airtel, Jio to lead the pack According to the report, banks are at an unusual junction wherein frontline names have underperformed. With outperformance by other private and mid-tier PSU banks, the valuation gap between mid-tier and frontline has narrowed. “We retain our neutral stance on banks; hereafter, the riskreward may be tilted toward frontline peers.
06.04 / 02:25
05.04 / 17:35
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Indians with pending EAD applications stand to benefit with extended validity tenure
(This story originally appeared in on Apr 05, 2024)
05.04 / 16:33
markets
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Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates
Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments in the market for financial instruments tied to mortgages
05.04 / 12:29
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Ocean floor 'reservoir' of plastic pollution, study finds
Denise Hardesty, senior research scientist at the Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia, said this is the first estimate of how much plastic waste ends up on the ocean floor. «We discovered that the ocean floor has become a resting place, or reservoir, for most plastic pollution, with between three to 11 million tonnes of plastic estimated to be sinking to the ocean floor,» said Hardesty, one of the corresponding authors of the study published in the journal Deep Sea Research Part I: Oceanographic Research Papers.
05.04 / 05:45
04.04 / 21:39
markets
Blockchain
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Why Ripple Is Launching a Stablecoin
Blockchain technology company Ripple said Thursday that it plans to launch a U.S. dollar-denominated stablecoin in an effort to bridge the gap between cryptocurrency and traditional finance and to generate more uses and liquidity for the XRP Ledger blockchain.
04.04 / 21:25
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Watch your step, advisors! It’s your job to ‘mind’ the retirement gap
Americans had better start acting like London commuters and “mind the gap” when it comes to retirement, or they could be in big trouble down the line.
04.04 / 20:29
COST
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Airlines
Boeing
cover
travelers
Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight
Alaska Airlines says Boeing has paid $160 million in initial compensation for losses that the airline suffered after a panel blew off one of its Boeing 737 Max 9 jetliners in January
04.04 / 17:19
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US has a shortage of manufacturing workers and it threatens global competitiveness
Tudor Dixon explains how President Biden’s manufacturing regulations are making the process more expensive on ‘The Bottom Line.’
04.04 / 14:53
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IPL 2024: Michael Clarke opens up on Hardik Pandya's feelings after being booed, says 'he won't allow…'
ALSO READ: IPL 2024: Ravi Shastri lends support to Hardik Pandya after Mumbai Indians' third loss, says, 'just be patient...' As MI got a day gap for their clash against Rishabh Pant-led Delhi Capitals, it is expected that the booing and jeering may stop or tone down. But if by any chance, MI loses the match, it may hurt Pandya. It is still unexpected on how Sanjay Manjrekar's recent 'behave' warning created an impact, but former Australia captain Michael Clarke revealed Hardik is actually in a better space to what the belief is, adding, that MI needs to win matches.
04.04 / 14:53
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Gourav Vallabh, after joining BJP, ridicules Congress: ‘I pray to Lord Shri Ram…’
Gourav Vallabh pilloried his former party, Congress, and said, “They should participate in constructive criticism...While continuously criticising Modi ji, the Congress party has reached a stage where it is criticising itself now...." Notably, Vallabh had said that he was resigning from Congress because he can neither raise anti-Sanatan slogans nor abuse "wealth creators" day in and day out. Vallabh had cited inability to speak against Sanatan Dharma as a reason to quit Congress, and later joined BJP and “wished Congress stopped speaking against Sanatan Dharma". Gourav Vallabh, seen as an articulate Congress spokesperson, earlier shared his resignation letter written to Congress president Mallikarjun Kharge on social media platform X.
04.04 / 08:09
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Election
Freedom
country
Gourav Vallabh, who quit Congress over no freedom to speak against 'Sanatana Dharma', joins BJP
Lok Sabha elections 2024 that are scheduled to take place in seven phases beginning from April 19. He Vallabh tendered his resignation from the party earlier today, saying he has not been able to “raise anti-Sanatana slogans or abuse the wealth creators". Resigning from the primary membership of the Congress, Gourav Vallabh said he does not feel comfortable with the “direction" the party is moving forward.
04.04 / 05:31
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Max Healthcare shares up 0.04% as Sensex falls
Max Healthcare Institute Ltd. gained 0.04 per cent to Rs 819.0 in Thursday's session as of 10:55AM (IST) even as the equity benchmark Sensex traded 357.13 points lower at 73519.69. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 909.0 and a 52-week low of Rs 412.0 on NSE. Around 10452 shares changed hands on the counter till 10:55AM (IST).
04.04 / 02:47
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country
Get GST reform rolling: Review rate slabs
₹20.2 trillion, up 11.7%. Last fiscal year’s monthly average GST mop-up was ₹1.68 trillion, up from ₹1.5 trillion the year before. It seems we can finally close the long chapter of shortfall-compensation for states after the mid-2017 switchover to GST from multiple central and state taxes that got subsumed by this uniform levy across the country.
04.04 / 01:47
COST
Gap
wellness
cover
reports
Department
Why India cannot ignore coal anytime soon
Coal is projected to continue as the backbone of the Indian energy system until the next two decades and its phase-down will require active policies on critical minerals, according to a report by the Indian Institute of Management (IIM)- Ahmedabad. The report asserted that net zero is not possible without substantial nuclear power and renewable energy generation by 2070. The report, titled 'Synchronising energy transitions towards a possible Net Zero for India: Affordable and Clean Energy for All,' was released on Wednesday.
03.04 / 19:59
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China pips India in buying sea-borne Russian crude
China to lap up the commodity at deeply discounted prices. China imported 1.82 million barrels a day (mb/d) of Russian crude by sea in March, a third more than India's 1.36 mb/d, according to energy cargo tracker Vortexa. China also receives Russian oil through pipelines.India's monthly imports of seaborne Russian crude exceeded that of China for about one and a half years. In February, however, China's 1.3 mb/d of imports from Russia, marginally surpassed India's 1.27 mb/d. In March, the gap substantially widened. «Russian Sokol cargoes, which were previously rejected by Indian refiners due to concerns of the cargoes being loaded on sanctioned vessels, were sold at heavy discounts to Chinese refiners, which explains the sharp rise in volumes into China,» said Serena Huang, an analyst at Vortexa.
03.04 / 19:37
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ET Exclusive: RIL, Tata Motors and IOC to be key bidders for pilot GH2 project
Reliance Industries (RIL), Tata Motors and Indian Oil Corporation (IOC) will be the key bidders for the government's pilot project for the use of green/grey hydrogen (H2) in the transport sector, according to people who are aware of the development. The initiative is in line with the government's aim to decarbonise the economy, reduce dependence on fossil fuel imports, and enable India to assume technology and market leadership in green hydrogen. «The pilot projects will help to identify operational issues (with regards to H2) and gaps in terms of current technology readiness, regulations, implementation methodologies, infrastructure, and supply chains,» stated the revised request for proposal (RFP) document reviewed by ET. The bid for the Rs 496-crore project which opened in February, closes on Thursday. It is part of the National Green Hydrogen Mission which was launched in January 2023 with an outlay of Rs 19,744 crore. One of the key criteria from the bidders is participation as a consortium or partners to ensure the entire value chain — from making hydrogen and dispensing it and running vehicles fuelled by hydrogen. The bidding consortium should include a vehicle manufacturer, hydrogen fuel supplier distributor, and other partners as required.
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