NOT Financial News

China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports that said some government agencies and firms had told staff to stop using Apple's iPhones at work. «China has not issued laws, regulations or policy documents that prohibit the purchase and use of foreign brand phones such as Apple's,» foreign ministry spokesperson Mao Ning told a regular press briefing when asked about the reports.

In the excitement of homebuying, buyers often fail to do a proper background check on the property. This also happens when builders or brokers quote a lucrative offer and buyers get so overwhelmed by the price factor that they don’t even feel the need to do any background check. However, such negligence can prove costly for homebuyers in future.

Gadkari retracts six airbag statement, says government will not make it mandatory. In 2022, Gadkari had said Indian Government has made it mandatory to have 6 airbags rule for passenger cars. The rule was reportedly set to come into force in October, 2023.

Rohit Srivastava, Founder & Market Strategist, Indiacharts.com, says For the midcap index, the reading was at around 89 on the day before’s close. Yesterday's closing, it has come back to 63 and right now live, it is trading at 60. For the small cap index, the similar thing would be the day before, it would have been at 87.98. After yesterday's close, it is down to 59 and right now also it is at around 59. As mid and smallcap indices are coming very close to the 20-day moving average, we will expect them to get support and bounce back over the next couple of days.”Yesterday's fall and today's follow-up activity, how do you read it?This is part of a minor correction in what is a bigger trend in favour of mid and smallcaps. We have to view it from both the short term time horizon and the long term time horizon. In the short term, indicators like the RSI is hitting overbought but what that usually means is we get a one day knee-jerk reaction, maximum two days and then that is it, because then it takes only two days for the RSI to come off from something like 85-87 which is an extremely overbought state to something like a 65-66 or even 60 which we have already seen yesterday and are further seeing today. Both the mid and smallcap indices now are coming very close to the 20-day moving average and that is more significant because that is where we will expect them to get support and bounce back over the next couple of days.

G20 summit ended because of a reported technical snag with his aircraft. While it’s the stock-in-trade of diplomacy to paint smiles on everything, he can hardly be expected to have had a pleasant visit.

CUET. UGC, in a counter affidavit filed in the matter, sought dismissal of the petition and said the DU, with the approval of its Academic Council and Executive Council, has resolved to admit students to its integrated law course through Common Law Admission Test (CLAT), a centralised national-level entrance test primarily adopted by the premier National Law Universities. Similarly, the central government, which has earlier also stated that Common University Entrance Test (CUET) was not mandatory for central universities, said admission standards for professional courses like engineering, medicine, law etc are shaped by their specialised nature and specific skill and so are needed to be guided by the distinct prerequisites of each course. «While there are overarching policy guidelines, universities retain the flexibility through their Competent Bodies i.e.

US apples, walnuts and almonds will not result in any negative impact on domestic producers. Commerce and Industry Minister Piyush Goyal said that the opposition parties particularly Congress is politicizing the subject without having a complete understanding of the subject. There is a regular duty of 50 per cent and Rs 50 per kg minimum import price on apples. «We have just removed the retaliatory duty...the move would not have any impact on domestic apple producers. There will be no impact on prices also.

Also Read: 'Fake preacher…': BJP leader joins Sanatan Dharma row as Ayodhya seer puts ₹10 crore bounty on Stalin's head Congress whip in Lok Sabha Manickam Tagore, on Tuesday, questioned why the print of new uniform has lotus. He asked why can't it have peacock or tiger, the national animal and the national bird respectively. He also alleged the BJP of making the “Parliament a one-sided partisan thing".

Arm Holdings’s Nasdaq debut was supposed to energize the anaemic initial public offerings (IPO) market in the US. But its roadshow, powered by more than two dozen investment banks, is looking like a hard sell. In their desperate attempt to earn fees and de-risk from Arm parent SoftBank Group Corp, bankers are getting investors worried.

Raghav Chadha on Tuesday condemned DMK leader Udayanidhi Stalin's remark on the Sanatan Dharma, but said statements made by some «small» leader from any party cannot be considered the official stand of the INDIA bloc. «I am from Sanatan Dharma. I condemn and oppose such statements. Such kind of statements should not be made.

Shivakumar on Tuesday said the state now is not in a position to release Cauvery river water to neighbouring Tamil Nadu, due to lack of rains in the river basin region. Noting that currently Cauvery water is not flowing to Tamil Nadu from the state, he said Karnataka officials at the Cauvery Water Management Authority (CWMA) will make a plea to at least to save water for drinking. «On the Cauvery issue, our officials are currently participating in the meeting.

RBI) has now allowed banks to offer a credit line facility to UPI users. You can spend from a pre-sanctioned credit line and repay the bank later. How does it work? Read on to find out.UPI now, pay later: New UPI feature unveiled The RBI has recently enabled transfers from pre-sanctioned credit lines at banks through the UPI network.

G20 Summit in India. Trudeau needs to stay back in India till the engineering team on the ground rectifies the issue, the officials from the airport earlier told news agency ANI. A backup plane and spare parts are en route to India for the Canadian Prime Minister.

soya bean, sugarcane, moong and urad to overcome the damage caused by scanty rains in August, experts said, warning of poor yield, price increases, and food inflation. «Inadequate rainfall for more than a month now is adding to uncertainty for crop yields,» said Rahul Bajoria, managing director and head of EM Asia (ex-China) economics of Barclays.

Siddaramaiah on Monday said even his «corpse» will not go to the BJP, as he outrightly rejected claims that he had made such an attempt in the past. Noting that throughout his political life he has fought communal forces, the CM said, he might have met BJP leaders, but that doesn't mean that he has sacrificed his ideologies. «Is it possible for anyone to imagine it? My political life itself is for secularism and I have been fighting against communal forces all along,» Siddaramaiah said in response to a question about JD(S) leader H D Kumaraswamy's statement that he had planned to join the BJP in the past and had met the saffron party leaders in this regard. Speaking to reporters here, he said, «I might have met leaders… I might have met Advani (BJP veteran L K Advani), recently I had also met Amit Shah (Union Home Minister)… even my corpse will not go to BJP.

KL Rahul, on 17, were batting when rain forced the players off on Sunday. Meanwhile, in a blow for Pakistan, fast bowler Haris Rauf will not bowl "against India as a precautionary measure" due to "discomfort in his right flank," the Pakistan Cricket Board said.

maintenance awarded to a wife and her children, stressing that it should not be equated to a financial transaction between a bank and its borrowers. As per a TOI report, the court declined to interfere with a family court's decision to grant Rs 15,000 per month as maintenance to the wife and her two children. Justice Krishna S Dixit, in his order, highlighted the unique nature of this matter, stating, «In fact, the two children are being looked after by the respondent-wife herself.

Atul Goyal, CFO, Brigade Enterprises, says “mid-income housing is doing very well. I will say houses in a price range of around Rs 50-60 lakh to Rs 1.5 crore or so. Our luxury housing is also doing well. There is a lot of demand for that. But 62% to 65% of sales today is in mid-income housing and we think that they should do well going forward and there are reasons for that because there is interest there.”Just wanted to get in a view as to what the outlook is when it comes to the festive season fast approaching. What are the expectations this time around as compared to last year?Expectation is very good.

V Vaidyanathan, MD & CEO, IDFC First Bank, says “currently my direct shareholding and holding in the trust – I also run a social trust which has 50.9 lakh shares of the bank– as of June 30, was 0.58%. After this transaction, it will increase to 1.04%. So effectively, this transaction is increasing my holding and that is important to note. And including the options yet to be converted, my holding will be 1.23% in the bank. GQG had already bought close to 3.9% or 4%. Together with this, they will probably go to around 4.7% that is my understanding. ”The market perceives that when promoters are selling out, it means that they feel that the stock is richly priced or they feel that the franchise value has lived up to its expectations but that is not the case in IDFC First Bank. What prompted you to sell your personal stake to GQG Partners?First of all, thanks for asking that question.

Sandip Sabharwal, asksandipsabharwal.com, says, “there is no gold at the end of the rainbow for REC, PFC and all these companies. Nothing much has changed for them. It is just that there is some euphoria in the PSU stocks. So can it last? Since the overall equity view for the next two years is still constructive, it could last, but this kind of outperformance might not sustain.”Is private banking, the large two, three names, more like a no-brainer trade now? They are cheap, they have not participated, nothing is wrong, underlying bullishness of the economy is going to only help them. Is Kotak Mahindra Bank and HDFC Bank more like a must-have or go-to trade immediately?HDFC Bank has underperformed after having a run-up post the merger approval. Now in the near term, it should do reasonably well, given that ICRR uncertainty has been reduced. Now, we need to see the actual impact of the merger on the margins over the next one or two quarters to finally say what kind of mojo it can retain and come back with.

The chief executive of Mexican fast-food chain Guzman y Gomez, Steven Marks, says he is “not going anywhere” and will keep his grip on the ASX-hopeful as it eyes an initial public offering as soon as next year.