Information Financial News

Budget 2023 was the last full-fledged Union Budget of the current government before the 2024 Lok Sabha elections. The Budget presented by the government on 1st February 2024 would be a ‘vote on account’. While no major announcements are expected, individual taxpayers have expectations on the same.

In this age of ubiquitous technology, every facet of our lives is touched by its transformative influence, and real estate is no exception. Drawing on my experience as a real estate expert, I’ve witnessed a profound shift in purchasing trends, as prospective buyers increasingly turn to digital tools to streamline their property search and transaction processes.

Congress leader Jairam Ramesh has said the Election Commission has yet again failed to provide a «substantive response» to INDIA parties' genuine concerns over EVMs and asserted that instead, the poll watchdog has been repeatedly directing them to «generic FAQS» as the answer book for all queries. Ramesh has written to Chief Election Commissioner Rajiv Kumar over the Election Commission's response to his earlier letter in which the poll watchdog had dismissed the Congress leader's concerns on VVPATs.

NEET PG exam 2024: The National Board of Examinations in Medical Sciences (NBEMS) is set to release information regarding the registration process for the National Eligibility-cum-Entrance Test-Postgraduate examination (NEET PG 2024). The dates will be announced on the official website of NBEMS. There is speculation that NEET PG 2024 will be held in July, according to several media reports.

growth of 21.14% over 1,643,514 units sold in the same period a year earlier, shows data collated from the VAHAN portal of the Ministry of Road, Transport & Highways (MoRTH) by the Federation of Automobile Dealers Association (FADA). Manish Raj Singhania, President, FADA, vehicle registrations across categories increased in December. In the two-wheeler segment particularly, retail sales remained strong driven by demand during the marriage season.

Project managers initiate, execute, and complete projects across various industries using their project management expertise. From mobile apps to the grandiose architecture of international cities, they are the innovators behind some of the most brilliant products, services, and processes that exist today.

Puri-Hatia Express train (18452) faced an unexpected predicament as the chains supporting the middle berths in the S-6 coach went missing, causing distress and seating challenges. The incident occurred near Bhubaneswar station, leading to panic among passengers, especially those assigned middle berths who were left without suitable sitting or sleeping arrangements for the night. A passenger who boarded the train at Puri noticed the missing chains after departure, prompting commotion among fellow travelers.

After closing 2023 on a high, the Indian equity market saw a slow start to 2024. In the week that ended 5 January, the benchmark Nifty 50 index was down 0.1% week-on-week in local-currency terms.

Shares of Trident surged over 13% on Monday extending their gains to over 29% in a rally that has remained unbeaten over the last seven trading sessions. The rally sparked after the company informed the exchanges that the company enhanced its existing capacity of the yarn business at the Budhni unit in Madhya Pradesh. The disclosure was made on December 29. The company has extended the capacity by 189,696 spindles at an investment cost of Rs 830 crore which it did through term loan and internal accrual, the filing said.

Multibagger penny stock: Ever since news of Reliance Industries' funding to Alok Industries became public on 2nd January 2023, Alok Industries shares have been touching a new 52-week high for the last five straight sessions. Alok Industries' share price has been touching 52-week highs on a regular basis for the last five straight sessions as the market has gone highly bullish on the penny stock after the news of Reliance Industries investing ₹3,300 crore in the company through investment in Non-Convertible Redeemable Preference Shares of the company.

Chambal Fertilisers buyback: The board of directors of Chambal Fertilisers and Chemicals Ltd is going to consider and approve the proposal for the buyback of shares. The company board will discuss the bonus issue proposal in its meeting scheduled on 8th January 2024 i.e.

STOCKHOLM — Calliditas Therapeutics AB (NASDAQ:CALT) (Nasdaq Stockholm: CALTX), a biopharmaceutical company specializing in rare diseases, today announced the appointment of Maria Törnsén as President of its North American operations. Törnsén, who brings over two decades of experience in the biopharma sector, will oversee all U.S. operations and report directly to the CEO, Renée Aguiar-Lucander.

By Hannah Lang

Crisil Ltd; and Nithya Easwaran, managing director, Multiples Alternate Asset Management Pvt. Ltd. Mint’s knowledge partners in this exercise were howindialives.com and Fisdom.

₹2,500 and ₹10,000. Parents or guardian can invest in a minor’s MF account through their own banks. However, the redemption proceeds will only be transferred to the minor’s bank account.

Senior BJP leader Suvendu Adhikari on Sunday said TMC leader Sahajahan Sheikh, the key accused in the assault case on ED officials, is still present in Sandeshkhali area of West Bengal's North 24 Parganas district, despite his efforts to illegally cross over to Bangladesh. Sheikh has been on the run since Friday's mob assault on Enforcement Department (ED) sleuths during a raid at his residence in connection with the ration distribution scam.

Alaska Air Group (NYSE:ALK) grounded its fleet of 65 Boeing (NYSE:BA) 737 Max planes after an incident involving a section of one of the planes ripping off in midair during a flight.

Maldives government the derogatory remarks made by a deputy minister in the island nation, sources informed on Sunday. The development comes amid growing outrage over Maldivian Deputy Minister of Youth Empowerment, Mariyam Shiuna's post on X, making a mocking and disrespectful reference to Prime Minister Modi over his recent visit to Lakshadweep, which lies close to Maldives. The post by Shiuna — which has now been deleted — featured images of PM Modi from his recent visit to the Union Territory. «With regards to the recent remarks by the Maldives Deputy Minister of Youth Empowerment, Mariyam Shiuna, the Indian High Commissioner has taken up the matter in Male,» a source said. Earlier in the day, former Maldives President Mohamed Nasheed condemned the derogatory remarks made by the Shiuna and urged President Mohamed Muizzu to distance the government from the comments. Saying that India was «instrumental» in the security and prosperity of Maldives, the former premier called on Muizzu to give an assurance to New Delhi that the comments don't reflect government policy. «What appalling language by Maldives Government official @shiuna_m towards the leader of a key ally, that is instrumental for Maldives' security and prosperity.

Mint explains short selling, its pros and cons, and the rules governing it in India. The most common way investors look to make money is simple – buy a stock whose price you expect to increase over time and sell it later, hopefully for a profit. This is called “going long" on a stock.

National Democratic Alliance ( NDA) for the 2024 Lok Sabha Elections. Frictions arose between regional rival parties who are allies for the INDIA bloc. The single most significant hurdle in this melee of political parties is the conversation on ‘seat-sharing’.

IndoStar Capital Finance sold Rs 292 crore stressed asset portfolio to Encore Asset Reconstruction Company in a deal which involved a senior-junior structure between the buyer and the seller, said people with knowledge of the matter. The senior-junior structure is rarely used between an ARC and a seller (banks or finance companies), with regulators discouraging such structures in AIF transactions. Encore ARC had given a binding offer of Rs 271 crore to IndoStar Capital’s Rs 292 crore loan portfolio in the form of a senior junior structure. The offer by Encore ARC triggered a Swiss Challenge auction. Mid of December, IndoStar had invited counteroffers — under senior-junior structure — from other ARCs.