Information Financial News

Arvind Kejriwal has been asked by the Enforcement Directorate (ED) to appear before the agency on Monday for questioning in connection with the money laundering case linked to alleged irregularities in the Delhi excise policy for the 2021-22 fiscal year, which has since been scrapped. Earlier on all the past 7 occasions, Kejriwal has skipped the summons. The ED has lodged a complaint against Kejriwal for failing to comply with its summons in a Delhi court.

Indian stock market today: Only 1 stock has been banned for trade on Monday, March 4, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The stock has been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stock will be available for trading in the cash market.

Stock split 2024: Shares of Tiger Logistics (India) Ltd will be in focus when the stock market opens on Monday (March 04). The Board of Directors of the company has declared a stock split for the eligible shareholders. The company has declared a stock split in the ratio of 1: 10 that means from ₹10 per equity share to ₹1 per equity share.

Top Events of the Day: Prime Minister Narendra Modi will visit Telangana, Tamil Nadu, Odisha, West Bengal, and Bihar on March 4-6 during which he will inaugurate and lay the foundation stone of projects worth more than ₹1,10,600 crore. In a post on X (formerly Twitter), PM Modi wrote, “Over the next two days, I will be attending various programmes in Telangana, Tamil Nadu, Odisha and West Bengal.

SYDNEY (Reuters) — New Zealand's central bank on Monday said banks must report major cyber incidents within 72 hours, as it plans to implement formal cyber reporting requirements in phases through this year.

Yogurt sold in the U.S. can make claims that the food may reduce the risk of type 2 diabetes, based on limited evidence, the U.S. Food and Drug Administration said Friday. The agency agreed that there is some evidence, but not significant scientific agreement, that eating at least 2 cups of yogurt per week may reduce the chance of developing the disease that affects about 36 million Americans. FDA has allowed qualified health claims — a claim that lacks full scientific support but is allowed as long as there are disclaimers to keep from misleading consumers — for dietary supplements since 2000 and foods since 2002. The agency had faced lawsuits that challenged the standard of requiring scientific agreement based on claims that it violated free speech guarantees.

Signature Global on Sunday said it has sold more than 1,000 flats in its luxury housing project in Gurugram for over Rs 3,600 crore on strong demand for residential projects. Housing demand has been very strong in the last two years, especially in the luxury homes segment. In a regulatory filing, Signature Global informed that it has achieved «pre-formal launch sales of more than Rs 3,600 crore for its latest premium housing residential development project 'DE LUXE-DXP' at Sector 37D in Gurugram. The project is spread over 16.5 acres and has a sales potential of 2.7 million square feet.

Edelweiss Alternatives, the alternative asset arm of the Edelweiss Group, has finalised a deal to acquire MFAR Developers’ 1.21-million-sq-ft information technology park in Bengaluru for over Rs 1,475 crore, said multiple persons with direct knowledge of the development. This is the largest and first transaction for a complete buyout of an office tower so far this year. Edelweiss Alternatives is buying this asset through its rental fund, which is currently in the process of raising Rs 5,000 crore. The 12-storey office tower, which is in north Bengaluru’s Hebbal locality along Bellary Road and Outer Ring Road (ORR), is an independent asset within an ecosystem of large integrated mixed-use development.

National Commission for Protection of Child Rights has sought action against an app for allegedly disseminating explicit and objectionable material, including content targeted at children. The move comes in response to a complaint filed with the National Commission for Protection of Child Rights (NCPCR) that raised serious concerns regarding the accessibility of explicit content through these apps, which lack stringent age-verification measures, the apex child rights body said in a letter to the Union Ministry of Electronics and Information Technology. Specific shows within these apps are accused of depicting explicit sexual scenes and storylines — with screenshots submitted as evidence — showing disturbing portrayals of sexual intercourse involving schoolchildren, it said. The absence of proper Know Your Customer (KYC) or age-verification systems is deemed to violate Section 11 of the Protection of Children from Sexual Offences (POCSO) Act, it observed.

Oracle: The stock might be priced slightly higher ahead of Q3/24. Fair value analysis indicates a 3.4% downside, against a more optimistic analyst view of a 9.2% increase.

SJVN Ltd on Sunday said its arm SJVN Green Energy has bagged a 200 MW solar project in an e-Reverse Auction conducted by Gujarat Urja Vikas Nigam. This project is to be developed by SJVN Green Energy on a build-own-and-operate basis at the tentative development cost of Rs 1,100 crore, a company statement said. According to the statement, SJVN bagged the 200 MW capacity in the tariff-based competitive bidding for the development of solar projects in the 1,125 MW Gujarat State Electricity Corporation Limited (GSECL) Solar Park at Khavda, Gujarat. SJVN through its wholly-owned subsidiary SJVN Green Energy Limited (SGEL) has secured a 200 MW Solar Project at a tariff of Rs 2.66 per unit in an e-Reverse Auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).

Also Read: Ghaziabad likely to be renamed soon amid demands by Hindu outfits; here's all you need to know The incident came to light after the neighbours began experiencing a foul smell coming out of the rented flat. Later, the main accused in the case, Bharat Singh, started loudly confessing his crime after sitting in front of his house, reported NDTV. Also Read: Ghaziabad-Meerut RRTS Corridor: PM Modi inaugurates India's first Regional Rapid Transit System | Watch After finding out about the crime, neighbours immediately informed the police about the incident.

Shimla, 18 in Kullu, 16 in Mandi, one each in Kangra and Sirmaur districts, according to the state emergency operation centre. Residents of adjoining villages of Jobrang, Rapi, Jasrath, Tarand and Tharot have been advised to stay cautious and inform the nearest police post in case of emergency. Some shops were buried in an avalanche at Tandi Bridge in Lahaul subdivision.

Times Now. “We are in the hospital, and something happened to us that we wouldn’t wish on anyone. Seven men raped me, and they have beaten us and robbed us, although not many things (were taken) because what they wanted was to rape me. We are in the hospital with the police, it happened tonight in India," the 28-year-old Spanish travel vlogger shared in her video post on Instagram.

₹2,000 to the party fund. Sharing a post on microblogging site X (formerly known as Twitter), the prime minister wrote “I am happy to contribute to @BJP4India and strengthen our efforts to build a Viksit Bharat." I also urge everyone to be a part of #DonationForNationBuilding through the NaMoApp! https://nm-4.com/donation" the prime minister posted.

tranche of offshore minerals auctions is likely to kick off by June-July this year, Union Minister Pralhad Joshi said. A total of 10 offshore mineral blocks have been short-listed by the mines ministry, and inter-ministerial consultations are underway to seek necessary clearances for auctions at the earliest, the Minister for Coal and Mines told PTI. When asked about a timeframe for the auction of offshore minerals, he said the auctions are likely to kick off by June-July of 2024. The blocks are located on the east and west coast of India, Joshi said without sharing any further information.

Chhattisgarh: A police constable and a Naxalite were killed in an encounter in Kanker district on Sunday, March 3, a police official informed. When a joint team of security personnel was leading an anti-Naxal operation on March 3, a gunfight ensued in a forest near Hidur village that is under Chhotebethiya police station jurisdiction, a police official informed.

Taiwan's foreign ministry strongly criticized China's response to an interview featuring Taiwan's Foreign Minister Joseph Wu with an Indian media outlet, asserting that “we are not puppets of the People's Republic of China." Earlier on Saturday, the Chinese embassy in India expressed concern regarding an Indian media channel's interview with Taiwan Foreign Minister Joseph Wu, accusing it of allowing him to promote ‘Taiwan independence.’ The Chinese embassy issued a statement condemning certain Indian TV channels for airing an interview with Taiwan's Foreign Minister Joseph Wu on February 29, 2024. The embassy criticized the interview, and said, “Taiwan's foreign affairs office Joseph Wu, which provided a platform for him to advocate 'Taiwan independence' and disseminate false information.

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OpenAI’s ChatGPT is promptly met by a response that is confident, coherent and just plain wrong. In an AI model, such tendencies are usually described as hallucinations. A more informal word exists, however: these are the qualities of a great bullshitter.

The Indian Express that it was a daily routine for him to visit Rameshwaram Cafe. The blast at Rameshwaram Cafe was reported at 1 pm on Friday, March 1. The techie, who initially assumed that the blast was from a gas cylinder explosion was midway through his lunch when he received a phone call from his mother.