NOT Financial News

₹1.01 lakh crore. The company board gave its approval for the raising of funds not exceeding the above-mentioned figure through the issuance of nonconvertible debentures (NCDs) in one or more tranches.

₹1,000 crore), let me share something that you should probably print and pin on your wall. It’s a quote by Charlie Munger: The world is not driven by greed. It’s driven by envy. And complement this with another one (I am not sure of its origins): Return of capital is more important than return on capital. The first quote is the root cause of perhaps all irrational adventures that investors are willing to undertake in their desire to beat competing standards of living.

Navy Joan Roberts in a statement issued July last year, President Joe Biden has once again refused to acknowledge his fifth granddaughter, fathered out-of-wedlock by first son Hunter Biden and Lunden Roberts. According to the New York Post, participating in a Women’s History Month reception at the White House Monday, he said, «I see a future for all Americans, a future for my daughter and my four granddaughters, by the way, they’re incredible.»

Covid was not supposed to get to Antarctica. If any place had a hope of keeping the virus out, it would be a continent with no permanent residents and an annual visiting population of only 5,000. And every control measure was in place—testing, a strict quarantine of everyone visiting, deep sanitation, masks and social distancing.

Internet gambling revenue continues to soar in New Jersey, where online casinos are accounting for a growing share of the betting pie

Bitcoin’s record high above $72,000 hasn’t changed the Indian government’s position on crypto, according to Finance Minister Nirmala Sitharaman.

Krystal Integrated Services IPO: The three-day bidding for the initial public offering (IPO) of Krystal Integrated Services Limited is going to end today. In the first two days of bidding, Krystal Integrated Services IPO subscription status suggests that the book build issue has received a lackluster response from the primary market investors.

India's exhibition industry. According to the latest Ficci-EY media and entertainment report, footfalls in theatres (single screens and multiplexes) have fallen by 9% to 900 million in 2023 from 994 million in 2022. But, gross box-office collections (before tax) of single screens and multiplexes expanded 15.3% and 13.7%, respectively. To be sure, the base effect plays a role in the quantum of increase.

One morning late last month, the financial futures of hundreds of medical students in the Bronx, New York, changed forever. A gift of $1 billion from Ruth Gottesman, a former professor at Albert Einstein College of Medicine and chair of its board of trustees, will make the school tuition-free in perpetuity. The donation, one of the largest in US higher education history, is an act of generosity that will undoubtedly improve life for Einstein’s students and potentially benefit the surrounding community, one of America’s poorest.

Maharashtra Deputy Chief Minister Devendra Fadnavis said, «the country would not have been divided if the Congress did not exist.» He said that this book is a best-seller, which shows that people are also realising this (What if there was no Congress). «If Congress wouldn't have been there, the country wouldn't have been divided… The corruption, and terrorism kind of thing that we witness wouldn't have been the case. The 'Viksit Bharat' that PM Modi is building today would have been done earlier,» he said on Sunday.

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

Mayur Patel, Fund Manager, 360 ONE Asset, says “if somebody is willing to take a slightly long-term view, then the equity market outlook seems positive despite premium valuations. In the short term, the risk has gone up manifold in the small and midcap space and that is where we do see material downside in the short to medium term.” After the last two-three very good years, now the market is giving some kind of reality check to the investors which were spoilt by very handsome returns, in largecaps, midcaps and smallcap. Now things are looking slightly shaky for a variety of factors. Are your conversations capturing all of that? Mayur Patel: The equity market performance is never linear and predicting short-term performance is a futile exercise. So, instead we assess the risk-reward by evaluating the price-to-book valuation of the market vis-a-vis fundamental factors.

US President Donald Trump on Saturday warned of a 'bloodbath' in the country if he does not get elected in the polls set to be held later this year, Politico reported. Addressing a rally near Ohio's Dayton, Trump said, «Now, if I don't get elected, it's gonna be a bloodbath. That's going to be the least of it.» He said, «It's going to be a bloodbath for the country.»

Election Commission (EC) notified the dates for the Lok Sabha polls, Prime Minister Narendra Modi set the tone for an expected third term in office, saying he works for deadlines, and not headlines. In a keynote address at the India Today Conclave in the national capital on Saturday, PM Modi said, «Whenever I come to a conclave like this, those in the audience expect me to say things that will make loads of headlines. However, I am someone who works towards deadlines, not headlines. So I might be making some points that the media may not find too attractive.» He said he wanted to expand on certain welfarist initiatives of the Centre that rarely appear on newsprint or are extensively covered by the broadcast media.

RIO DE JANEIRO (Reuters) — Brazil's former President Jair Bolsonaro said on Saturday he does not fear being put on trial, one day after a police investigation revealed the far-right politician tried to co-op the country's military chiefs in a coup plan to overturn his 2022 election defeat.

Model Code of Conduct (MCC) has come into force with the announcement of voting dates today by Election Commission of India (ECI), marking a significant aspect of electoral governance. The MCC, which traces its origins back to the assembly elections in Kerala in 1960, has evolved over the past six decades to its present form, according to the Election Commission of India (ECI).

Union Home Minister Amit Shah said on Friday while speaking at India Today conclave. "The BJP did not split anyone," Amit Shah told India Today when he was about splits in undivided NCP and Shiv Sena and how rebel factions merged with the BJP. "I differ from the statement that we broke so many parties.

By Tim Reid

Elections are in the air. Whether it's India's that's around the corner, Russia's currently underway, or Britain's and America's this winter, democracies take pride in conducting elections — even when some do it less freely and fairly than others. Incumbent Vladimir Putin, for instance, will be declared victor for the fifth — and third consecutive — time.

official gold imports are roughly 700 t/year, worth around $44.8 bn. Smuggled gold volumes are reported to be around 200-300 t/year, worth $19.2 bn. Gold smuggling takes place via air, sea and road routes and in different forms: bars, powder/dust and paste. To prevent good smuggling, it's important to find out the reasons that allow it. Customs In India, these work out to be 18% for officially imported gold. Direct saving for smugglers is ₹18 lakh for every ₹1 cr of gold smuggled in, which is a little less than 2 kg.

Gold and silver prices Today on 15-03-2024 : Check latest rates in your city Now, the prices of the yellow metal will now depend to next week's Fed meeting, where there will be an updated dot plot, and the market is going into the meeting with expectations of a hawkish Fed, as reflected in rising bond yields and a rising dollar index. “Apart from the inflation print the other data's have been indicating a mixed picture of the U.S. economy with manufacturing/ services activity slowing down, unemployment rate ticking up to rising retail sales and lower unemployment claims - keeping sentiments subdued.