Guidelines Financial News

Stock market today: Tata Power shares have been in continuous uptrend after ushering into the new financial year 2023-24. Tata Power share price bottomed out at around ₹185 apiece levels at the end of March 2023. Since, then it has been climbing new highs on a regular basis.

electric blankets can be a game-changer, offering a snug and warm environment that aids in restful sleep. Likewise, the elderly, who may be more susceptible to the cold, can benefit from the targeted warmth provided by these blankets, promoting a sense of well-being and comfort. Curious about the technology behind these cosy wonders? Electric blankets operate by incorporating electrical heating elements seamlessly into the fabric.

AI crypto project Cogwise has surpassed $1.5 million in fundraising, bringing it closer to completing its second stage.

medical colleges rose by 82 per cent in the country, and MBBS seats have increased by 112 per cent since 2014, the Rajya Sabha was told on Tuesday. In a written reply, Minister of State for Health Bharati Pravin Pawar said the number of postgraduate medical seats rose by 127 per cent in the same period.

NEW DELHI : Lessors of Go First have told the Delhi High Court that they have not received any records related to aircraft maintenance from the insolvent airline’s resolution professional since May, or been allowed to physically inspect its assets. Resolution, or insolvency, professionals are hired by lenders to run insolvent firms. Go First’s RP is in contempt of court for not complying with its order from two months earlier, the lessors argued before a single-judge bench on Tuesday.

Bolivia, Manuel Rocha, finds himself entangled in legal proceedings. Accused of clandestinely aiding Cuban interests for over four decades, Rocha's arrest in Miami has sparked a significant investigation into his alleged role as a secret agent.

Health Ministry Tuesday ordered an inquiry into ‘cash-for-kidney racket’ allegations against Indraprastha Medical Corporation Ltd, a unit of the Apollo Hospitals group, news agency PTI reported citing sources. Earlier on Monday, the Indraprastha Medical Corporation Ltd (IMCL) rejected the allegations of ‘cash for kidney racket’ asserting that the hospital follows every legal and ethical requirement for transplants, including government guidelines.

28 Indian crypto platforms have registered with the Financial Intelligence Unit, the country’s Minister of State for Finance said.

IBDIC) is currently working on scoping the implementation of domestic Letter of Credit (LC) issuance on blockchain as one of its use cases. Minister of State for Finance Bhagwat Karad stated in Lok Sabha that, as per IBA, only a few banks are using blockchain technology on a small scale. «As such, the issue pertaining to interoperability of such a platform between banks is not present,» he noted in a written reply, adding that Indian Banks’ Digital Infrastructure Company (IBDIC) Private Limited, formerly Indian Banks’ Blockchain Infrastructure Company (IBBIC) Private Limited, incorporated with the objective of providing a platform for exploring, building, and implementing digital solutions for the Indian financial services sector, is currently working on scoping the implementation of domestic Letter of Credit (LC) issuance on blockchain as one of its use cases. The consortium consists of 18 banks, including leading public and private sector banks in India. Karad further stated that the Reserve Bank Innovation Hub (RBIH) conceptualised the idea of an interoperable Distributed Ledger Technology (DLT) platform for the financial ecosystem and conducted a successful proof-of-concept (POC) exercise in June 2022 with banks, DLT fabric partners, DLT application layer partners, and fintech startups. «There is no proposal to set up guidelines or prescribe a model common blockchain technology platform for the banks,» he stated in his written reply in Lok Sabha. Set up by state-run banks, PSB Alliance Private Limited is looking to set up the Digital Balance Confirmation Portal, which will also provide other microservices, including a common blockchain technology platform for the issuance of letters of credit and multi-party

The holiday spending season is upon us, and poll after poll reveals that this year Canadians are keeping a tighter grip on their wallets.

IMCL) on Monday asserted that it follows every legal and ethical requirement for transplants, including government guidelines, refuting a report which alleged that it was involved in 'cash for kidney racket'. The hospital, a part of the Apollo Hospitals group, said each foreign donor is required to provide a certification from their respective foreign governments that the donor and recipient are indeed related before undertaking transplant.

Axis Mutual Fund announced the launch of the Axis India Manufacturing Fund, an open-ended equity scheme representing the Indian manufacturing theme. The scheme opened for public subscription on December 01, 2023, and will close on December 15, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.

Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX and Coinswitch, have registered themselves with the Financial Intelligence Unit-India (FIU-IND), Finance Ministry said on Monday. The Finance Ministry in March had said entities dealing in VDAs, crypto exchanges and intermediaries would be considered «reporting entity» under the Prevention of money laundering Act (PMLA). Accordingly, crypto exchanges and intermediaries dealing with VDAs were required to perform KYC of their clients and users of the platform.

Polygon cofounder Sandeep Nailwal on Monday said he wants Indian developers in the Web3 space globally to spearhead protocol development. «I want Indian developers to be at the forefront of protocol development. If we want to attract the best and brightest of Indian talent into Web3, we need to improve education on a protocol level,» Nailwal said, speaking at the Build for Web3 Summit in Bengaluru.

post office fixed deposits, commonly referred to as post office time deposits, through a notification issued on November 7, 2023. Under the recent guidelines, a post office fixed deposit (FD) with a five-year term initiated on or after November 10, 2023, cannot be prematurely terminated until four years have elapsed from the FDs' commencement.

Electric vehicle drivers hoping to top up their batteries at one of Repsol's 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they have no power connection. Such gaps are evident across the European Union, where last week the European Commission announced plans to upgrade the bloc's power grids. These are due to be implemented in 18 months and include addressing EV charging station power shortages. But despite the declarations of its leaders, red tape preventing progress towards greener transport in the EU is on the rise, industry groups and energy companies told Reuters, with permitting one of the major roadblocks. The ease of building an EV charging hub varies considerably country by country. One industry source said that in Germany a hub was held up for months over rules protecting a single tree, while another located on a busy highway had to wait 10 months for a noise evaluation before it gained approval.

COP28 climate talks filed in Sunday for another day of talks, they found themselves greeted by a rare sight in the United Arab Emirates — a protest. From activism about the Israel-Hamas war to environmental issues, activists allowed into the UAE can demonstrate under strict guidelines in this autocratic nation.

Sterling and Wilson Renewable Energy (SWREL) infused ₹418 crore into the company to avert the possibility of lenders tagging them as defaulters, said people with knowledge of the development. The company missed payments of ₹135 crore on September 30, and if it had failed to clear these dues by December 30, lenders would have to tag it as a non-performing loan (NPA) as per the Reserve Bank of India's guidelines. The ₹418 crore funds, infused on November 30, would be used to clear all its missed payments. Also, the company has begun the process to raise ₹1,500 crore through equity sale to institutional investors, people cited above said

In India’s ever-fluctuating real estate domain, understanding the nuances of home loan rates is paramount for prospective homebuyers and those contemplating refinancing.

railway ticket is confirmed, you cannot cancel it after the chart preparation. However, you can file a Ticket Deposit Receipt (TDR) with a valid reason to check whether you are eligible for a refund or not. In such cases, it will entirely depend on the Zonal Railway Division to grant you a refund. It will be up to the Zonal Railway Office whether they accept the reason for filing a TDR request and how much refund you will get. «Users are requested to use the online TDR filing for such cases (ticket cancellation after preparation of chart) and track the status of the refund case through tracking service provided by IRCTC. TDR can be filed as per Railway rules,» says the Indian Railway Catering and Tourism Corporation (IRCTC) on their website. «However, please note that the decision about the acceptance/rejection or amount of refund (through TDR) will be taken by the concerned Zonal Railways as per extant Refund rules of Indian Railways and not by IRCTC,» said the IRCTC on e-mail to a customer who filed a TDR request. Do remember that you can only file TDR online once you cancel your confirmed railway ticket. For e-tickets, you can cancel it online and then file a TDR. If you have bought your tickets from the railway counter (i.e., offline), then you need to cancel your tickets first and then file a TDR. You can go to your nearest railway ticket booking counter to cancel your tickets.

Markets regulator Sebi on Friday extended the deadline to April 1, 2024 for the implementation of the framework for handling complaints received through the SCORES platform for registered entities and for monitoring such grievances by designated bodies.