Information Financial News
29.03 / 18:21
Action
community
information
Courts
International
IAF discloses reasons behind accidental BrahMos missile firing into Pakistan
Indian Air Force (IAF) has for the first time disclosed reasons behind the accidental firing of a BrahMos combat missile which landed in Pakistan in March 2022. In a reply filed before the Delhi High Court, the IAF has said that combat connectors of the Brahmos missile «remained connected to the junction box» which led to the accidental firing of the missile. Sharing relevant findings of the Court of Inquiry held in March 2022 to probe the incident, the IAF has further submitted that the convoy commander of a road convoy, which was to move to location as part of inspection «failed to ensure safe transit of convoy by not ensuring disconnection of combat connectors of all missiles loaded» on the mobile autonomous launcher prior to the movement.
29.03 / 18:15
Provident
wellness
information
Investigations
Bengaluru Rameshwaram Cafe blast case: NIA declares ₹10 lakh reward each against two wanted accused
Bengaluru Rameshwaram Cafe blast case: A reward of ₹10 lakh each against two wanted accused in Bengaluru's Rameshwaram Cafe blast case has been declared by the National Investigation Agency (NIA) on Friday. The two wanted accused are Abdul Matheen Ahmed Taahaa and Mussavir Hussain Shazib. In a post on NIA's official X handle (formerly Twitter), the investigation agency circulate the pictures of the absconding accused, adding "whoever provides any information leading to the arrest of the accused persons shall be rewarded".
29.03 / 17:31
SUN
Netflix
Universities
show
country
information
The science and controversy behind Netflix’s ‘3 Body Problem’
Netflix’s 3 Body Problem has sparked fascination and controversy.Based on the 2008 novel by Liu Cixin and brought to the small screen by Game of Thrones creators D.B. Weiss and David Benioff, the series tells the story of an impending alien invasion of Earth.The show portrays some science that left some viewers with questions and some historical events that have upset some people in China.Global News spoke to experts to separate fact from fiction and history from hysteria.A three-body problem refers to three astronomical bodies, like planets or suns, and how each object’s gravity impacts the other’s orbits.But it’s easiest to understand if we start with a two-body problem.“The closer objects are, the stronger is the gravitational pull,” York University professor emeritus of physics and astronomy Paul Delaney said.The sun is about a million times larger than the Earth, according to NASA, and so its gravity holds our planet in orbit around it.The orbit is stable, making it predictable, Delaney said.This is a two-body problem, just like the moon and the Earth, and it’s a problem that’s been solved since Sir Isaac Newton’s work on gravity.“We can theoretically figure out where (the two objects) will be as a function of time,” Delaney told Global News.“There are complications with angular momentum and tidal forces and friction,” he said, speaking from Tuscon, Ariz., “but to all practical intents and purposes, the moon will stay in a stable orbit.”There are other planets in the solar system and the moon orbits Earth.
29.03 / 13:47
WhatsApp
information
Investigations
NIA announces Rs 10 lakh reward each on two accused wanted in Rameshwaram Cafe blast case
NIA) on Friday announced a reward of Rs 10 lakh each for sharing information leading to the arrest of two key accused in Bengaluru's Rameshwaram Cafe blast case. The agency requested the general public for information on Mussavir Hussain Shazib alias Shazeb and Abdul Matheen Ahmed Taahaa alias Abdul Matheen Taha wanted in the case, according to a post on X. In a major breakthrough, the NIA had on Wednesday arrested Muzammil Shareef, a key conspirator in the blast case.
29.03 / 12:43
COST
Provident
Discover
WhatsApp
cover
information
Boutique in Gujarat fined Rs 5,000 for 'mental trauma' by ill-fitting wedding blouse
Ahmedabad turning her celebratory mood into a frustrating mess. The Vadodara District Consumer Disputes Redressal Commission recently imposed a fine of Rs 5,000 on the boutique, La Vichitra, for causing «mental trauma» to the woman. The incident unfolded when the complainant, Deepika Dave of Ahmedabad, visited the boutique in October 2017 to have three matching blouse pieces stitched for saris she had purchased elsewhere. Additionally, she provided two dresses for her daughter's stitching, paying a total of Rs 5,000 for the job. Upon trying on the garments in November 2017, Dave discovered that all three blouses and her daughter's dresses were improperly stitched. Despite her request for the boutique to rectify the issue at no extra cost, the owner refused.
29.03 / 12:37
markets
Maxim
Strategy
Analysis
Trade
innovations
information
Navigating Markets With Precision: The Science of Automated Trading at Minotaur Trading Systems
All across the fast-paced and dynamic world of finance, where every second counts immeasurably, the ability to make strategically informed, data-driven decisions can mean the difference between success and failure. For Minotaur Trading Systems , this principle forms the cornerstone of their novel approach to automated trading and quantitative analysis. Led by their Chief Technology Officer (CTO), Minotaur Trading Systems is setting new standards of excellence in the vast, relentlessly expanding world of algorithmic trading, revolutionizing how investors navigate the countless intricacies of modern markets.
29.03 / 10:27
markets
security
wellness
show
performer
information
Best mutual funds: These top performing equity funds gave over 40 per cent return in fiscal 2024
Nifty50 jumping 30 percent in fiscal 2024. Here, we sift through the data and shortlist the mutual funds which have performed exceedingly well. At the outset, we find out the stellar performance of small cap mutual funds.
29.03 / 10:27
UPS
Enterprise
wellness
show
country
information
India forms more than 1.68 lakh companies in FY24; highest in Feb
₹19,774 crore as paid-up capital, compared to over 1,59,500 companies registered in FY23 with a paid-up capital of ₹18,132.16 crore. Paid-up capital is the shares subscribed and paid for, which can be further augmented. ONGC Green Ltd., PFC Infra Finance IFSC Ltd., IRCTC Payments Ltd., Indbank Global Support Services Ltd., Jamnagar Transmission Ltd.
29.03 / 10:27
markets
UPS
IPO
Platform
wellness
Trade
information
1:2 stock split: Multibagger SME IPO turns ₹1.26 lakh to ₹6.15 lakh in 7 years
1:2 stock split: Money is not in just buying and selling stocks but in holding it for as long as one can. A long-term investor not just gains from the rise in the stock price but from the various other rewards that a listed company declares from its capital reserves. These rewards could be in the form of bonus shares, dividends, buyback of shares, stock split, etc.
29.03 / 10:15
markets
Platform
Trade
information
reports
recommendations
Features
Trade Avapro 5.0 Review – Scam or Legitimate Trading Platform
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
29.03 / 10:09
Citi
Provident
Waters
Aware
stage
information
reports
Bengaluru IT companies, facing WFH demands, get a message on water crisis
Bengaluru IT companies to give WFH or work from home option as daily lives get impacted due to the water shortage. BWSSB Chairman V. Ram Prasath Manohar recently convened a virtual meeting with IT companies to address these apprehensions and discuss measures to mitigate the situation. Manohar emphasized BWSSB's commitment to ensuring sufficient water supply to IT firms, affirming that measures implemented citywide would extend to serve these companies. Healso urged prudent water usage, emphasizing the importance of raising awareness among employees regarding water conservation practices. BWSSB authorities say that the completion of Cauvery 5th stage project would help in additional supply of 775 million litres per day (MLD) of water, significantly augmenting water availability and addressing shortages.
29.03 / 08:33
Provident
BLOCK
Assurant
Bill
Trade
information
prevention
Mutual Fund investors alert! Your transaction will be blocked if you don't do this by March 31. Here's why?
Mutual fund registrar and transfer agents (RTAs) CAMS and KFintech are urging MF investors via email to ensure they comply with this essential requirement. According to Ashish Aggarwal, Director, Acube Ventures, non-compliance could mean a sudden halt to the crucial transactions of SIPs, SWPs, and redemptions from April 1. This RE-KYC is a regulatory need, in the sense that it is SEBI's master circular on norms of KYC and the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005, said Aggarwal.
29.03 / 08:33
FIVE
security
Basketball
country
information
recommendations
Courts
What Sam Bankman-Fried’s long stretch in prison might look like
Inmates can make ceramics or crochet at a federal prison in Lompoc, Calif. At a federal prison in Mendota, a few hours away, inmates can have a harmonica or play basketball on one of five facility courts. Those prisons represent possible landing places for FTX founder Sam Bankman-Fried, who will in coming months report to begin serving his 25-year sentence, imposed Thursday by U.S.
29.03 / 08:33
UPS
Provident
MET
information
Updates
Heads up, credit card holders: New rules take effect in April
credit cards are not exempt. Below is an overview of key credit card-related updates taking effect from April 1, 2024: Starting from April 1, 2024, SBI Card will discontinue earning reward points on rent payment transactions for specific credit cards, namely AURUM, SBI Card Elite, SBI Card Elite Advantage, SBI Card Pulse, and SimplyCLICK SBI Card. For more information on the revised reward points program, please visit the SBI Card website or app.
29.03 / 05:11
Provident
ETF
Aware
security
country
information
Updates
From insurance to mutual funds: 8 money-related updates on the horizon for April 2024
As April heralds the beginning of the new financial year 2024-25, a number of significant changes in money-related matters are set to take place. These changes, ranging from new NPS rules to credit cards, are good to be aware of while you want to keep your finances under control.
29.03 / 04:19
CEO
security
War
show
information
Schools
rights
Byju's offers warring investors to participate in funding, secures 50% votes on rights issue
Byju Raveendran, founder and CEO of Byju’s has offered its estranged investors a chance to invest in the rights issue so their shareholding is not diluted, according to a letter by him to shareholders this morning. He also informed investors the company has secured more than 50% votes to increase the authorised share capital to account for the $200 million rights issue. “In good faith the board is considering making an offer of renounced shares to existing shareholders to ensure that there is no more dilution to their shareholding. We will share more details with you shortly,” Raveendran said in the note. ET has seen the letter to shareholders.
29.03 / 02:07
UPS
Waters
President
Diversity
information
Investigations
Biden approves $60 mn in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'
BALTIMORE — Maryland Gov. Wes Moore warned Thursday of a «very long road ahead» to recover from the loss of Baltimore's Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse. Meanwhile the U.S. Army Corps of Engineers was moving the largest crane on the Eastern Seaboard to help remove the wreckage of the bridge, Moore said, so work to clear the channel and reopen the key shipping route can begin. The machine, which can lift up to 1,000 tons, was expected to arrived Thursday evening, and U.S. Sen. Chris Van Hollen said a second crane with a 400-ton capacity could arrive Saturday.
29.03 / 01:33
Provident
SEC
Trade
information
Department
Schools
International
Domestic startups come under income tax glare for their recent funding
fintech sector, have received income tax notices in recent weeks with respect to venture capital raised by them, according to people in the know. The notices — served under Section 68 of the Income Tax Act — have clubbed the investments received by these startups with the income earned by them, and tax and penalties have been levied on the combined amount, the sources said. So much so that one startup, registered with the Department for Promotion of Industry and Internal Trade (DPIIT) — has been asked to pay Rs 37 crore in tax and penalty on funding of Rs 40 crore by venture capital investors, they added.
29.03 / 01:01
UPS
Waters
President
Diversity
information
Investigations
Biden OKs $60M in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'
remove the wreckage of the bridge, Moore said, so work to clear the channel and reopen the key shipping route can begin. The machine, which can lift up to 1,000 tons, was expected to arrived Thursday evening, and U.S. Sen.
28.03 / 22:49
COST
Provident
Aware
security
Trade
information
Are 401(k)s the ultimate retirement plan?
With the future of the Labor Department’s proposed retirement security rule currently underreview, advisors remain focused on their clients’ rollovers from 401(k) plans.
28.03 / 22:35
Citi
CEO
President
country
information
reports
Traffic
Baltimore port closure may hit US coal export volumes
Maryland Motor Truck Association President and CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on 'The Bottom Line.'
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