Information Financial News

increase in 'heat stress' due to high temperatures along with humidity over India, TOI has reported. Describing this as 'moist heat stress', researchers have stated that its magnitude has risen by almost 30% in India over the past 40 years (1980-2020). The analysis has also shown a significant upward trend in the spatial range of areas facing heat stress in India. The term 'Heat stress' denotes the physiological pressure on the body due to exposure to high temperatures, frequently coupled with high levels of humidity.

Crypto firms in Canada will soon face increased disclosure obligations, per regulations introduced in Tuesday’s 2024 federal budget.

Hathway Cable and Datacom Ltd on Wednesday reported a consolidated net profit of Rs 34.57 crore for the March quarter. The company had posted a consolidated net loss of Rs 14.61 crore in the same quarter of the previous fiscal, Hathway Cable and Datacom Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review was at Rs 493.37 crore as against Rs 459.59 crore in the year-ago period.

Setaish Hayat says making YouTube videos at home is the next best thing in Afghanistan where Taliban edicts have increasingly confined women indoors. Hayat, 21, was a budding actor in local film and television until the Taliban seized power in 2021 and began issuing decrees on women that included banning TV dramas with female actors and ordering women to wear strict hijab while presenting the news.

TikTok has been given 24 hours to provide a risk assessment on its new app TikTok Lite launched this month in France and Spain on concerns of its potential impact on children and users' mental health, the European Commission said on Wednesday. The move by EU industry chief Thierry Breton under EU tech rules known as the Digital Services Act (DSA) comes two months after he opened an investigation into TikTok over possible DSA breaches.

To guide through this last phase, let's delve into some common mistakes to steer clear of and enhance your preparation: The Pitfall of Procrastination: The most significant adversary at this moment might be the temptation to delay revision. Formulate a detailed daily timetable that assigns particular time intervals for concentrated study in every subject – Physics, Chemistry, and Mathematics. Adhering to this timetable becomes crucial. Harness the effectiveness of timers to divide your study sessions and include brief pauses to sustain concentration. Recall, consistency is crucial!

Yes, it’s possible to get a home loan with an average CIBIL score, but it might come with certain conditions and higher interest rates. Banks consider a number of factors beyond just the credit score when assessing a loan application, such as stability of income, employment history, current loans, and the ability of applicant to make a down payment. 

Indian Offshoring market has evolved itself as a significant occupier in India’s office space with leasing over 46% of office space in 2023, with global capability centers (GCCs) being the biggest offshore occupier, showed a Knight Frank report that has cited India amongst the leading offshoring locations in the world. India’s offshoring market witnessed a 26% rise in overall leasing volume of 27.3 million sq ft in calendar year 2023 including GCC’s absorption of 20.8 million sq ft and third-party IT services’ 6.5 million sq ft. In recent years, India's office real estate market has seen a positive trend from GCCs, seeking growth opportunities in the global offshoring industry. The GCC landscape in India has grown significantly by fostering more than 1,580 centres across the nation in 2023. The GCC’s proposition in the Indian leasing transactions has increased to 35% in 2023 from 25% in 2022.

EPFO) has ordered to enhance the existing eligibility limit of 68J claims for withdrawal from ₹50,000 to ₹1 lakh now. The announcement was made via a circular issued by the EPFO on April 16. The pension fund body has also made the changes in the application software on April 10, 2024.

Also Read: Empowering the matriarchs: How women take the lead in joint financial decision-making Empowerment begins with knowledge, and various platforms dedicated to financial education are leading the change in providing women with the tools and resources they need to thrive financially. By offering insights into budgeting, investing, and wealth creation, these initiatives are equipping women with the confidence and skills to make informed financial decisions, laying the foundation for long-term financial security.

credit reports from time to time, and make sure that there are no mistakes in them. For instance, 31-year-old Ajay Sharma while checking his credit report, discovered that it did not factor in a debt which he had retired last quarter. Subsequently, he wrote to the credit rating agency to request them to correct these mistakes.

Employees' Provident Funds Organisation (EPFO) has increased the qualifying limit of Paragraph 68J claims for auto claims processing. The limit has been inreased from Rs 50,000 to Rs 1 lakh, which was also implemented in the application software on April 10, 2024, EPFO said in a circular issued on April 16, 2024.

Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter.

credit score by lowering your credit utilisation ratio (CUR). This ratio refers to the percentage of credit you are using out of the total amount available to you. Let us suppose, one Prashant Gupta, 28-year-old salaried employee, has a credit limit of ₹5 lakh and has already exhausted the limit of ₹4 lakh, the CUR stands at 80 percent.

Chhattisgarh police have said. Three security personnel, including those from the Border Security Forces (BSF) and District Reserve Guard (DRG), suffered injuries in the gun battle. A large number of weapons were recovered from the spot, the state police said. «An encounter broke out between security forces and the Naxals. So far, 29 bodies of Naxals have been recovered from an encounter site in Chhotebethiya of Kanker. A large number of weapons have been recovered. Three jawans have been injured. A search operation is underway. This is one of the biggest anti-Naxal operations in the area. The operation was launched after information of the presence of senior Naxals Shankar, Lalita and Raju was received by the security forces,» said Inspector General of Police (Bastar) PP Sundarraj. All three are believed to have been killed in the encounter. After the anti-Naxal operations, Chhattisgarh deputy chief minister and home minister Vijay Sharma said, «The government is ready to talk and find a solution to the Naxal problem. One cannot imagine there are places in the Naxal stronghold where there is no water or electricity supply.» He lauded the security forces for the operation and said this has nothing to do with the upcoming polls.

UAE braces for a second wave of unsettled weather, featuring heavy rain, thunder, lightning, and possible hail on Tuesday. The National Centre of Meteorology issued a bulletin after the initial bout of unstable conditions persisted from Monday evening to Tuesday noon, urging residents to stay informed and cautious. The second wave that starts that starts today would also witness an increase in convective cloud coverage, leading to varying intensities of rainfall, a Khaleej Times report stated.

CIBIL score is vital for young professionals since this can positively impact their ability to access credit in the future. One should avoid excessive debt, manage credit responsibly, and stay disciplined with their finances in order to achieve a strong credit score. As a matter of fact, maintaining a good credit score for young professionals is no different from other professionals.

NEW DELHI : The Delhi High Court on Tuesday intervened for release of 73.59% of Jindal India Thermal Power Ltd’s shares pledged with a consortium of lenders led by Punjab National Bank. The power company had moved a writ petition in the high court saying that although it had fully paid the resolution amount of ₹2,450 crore before the scheduled date of payment the lenders had refused to release the pledge on the shares.

Himachal Pradesh. The state and its neighbouring hilly areas are likely to witness thunderstorms accompanied by lightning, hail and gusty winds at the speed of 30-40 km per hour in isolated areas from April 18-21. Adverse weather conditions have led to the closure of 112 roads, including three national highways, in Himachal Pradesh.

UAN) is the identity number for all EPFO (Employees’ Provident Fund Organisation) subscribers which works like PAN for income tax payers. It works like a common identification ID for EPF subscribers who may have multiple employers in quick succession. This effectively means subscribers can have numerous member IDs given by as many employers but only one UAN.