PAM Financial News

Bihar Industries Minister Nitish Mishra on Sunday said the upcoming global business summit in Patna will be a huge success and attract more investment proposals than about Rs 50,000 crore it received in the 2023 edition. The second edition of 'Bihar Business Connect' will be held from December 19-20, 2024 in Patna. «Last year, we received investment proposals of around Rs 50,000 crore. I am very much confident that this year we will get more investment proposals,» Mishra told reporters in the national capital. He said the upcoming investors' meet will lead to the start of a new industrial era in Bihar.

Glenn Maxwell will return to Punjab Kings for Rs 4.2 crore on Sunday in the IPL 2025 auction. There was a late opening bid for the Australian all-rounder by Sunrisers Hyderabad at Rs 2 crore. PBKS battled them till Rs 2.60 crore. Chennai Super Kings entered the bidding at Rs 2.80 crore before stepping aside. This will be the 36-year-old's second stint with PBKS after having played for the team from 2014-2021.

Priyanka Gandhi Vadra has not only deepened the Congress, and by extension, UDF’s footprint in the Lok Sabha constituency spread across three districts, but has, in the process, cut into INDI ally LDF’s votes. The sharp differences between the CPI(M) and CPI local leaders and cadre and a lightning campaign by the 52-year-old MP-elect has helped the UDF widen its gap with its closest rival. Throughout her less than three-week campaign, Vadra consciously projected herself as the UDF nominee and less as a Congress leader. UDF’s constituent, the Indian Union Muslim League (IUML), has a huge clout across the seven assembly segments in Wayanad LS seat. This combined with Vadra’s appeal helped the Congress turn in its best performance with a 65% vote share, higher than Rahul Gandhi’s 2019 record.

In the latest, just when Shreyas Iyer had set a new record, within minutes, it was broken by Rishabh Pant at IPl 2025 Auction, currently underway in Jeddah. Over the years, several cricketers have rewritten auction history by fetching astronomical bids.These players epitomize the blend of skill, temperament, and star power that the IPL stands for, proving their worth in gold—quite literally!

Virat Kohli scored his 81st international century against Australia during the first Border-Gavaskar Trophy at Perth's Optus Stadium on Sunday. Virat slammed his first Test century in SENA (South Africa, England, New Zealand and Australia) conditions in almost six years, breaking the Test ton curse at Perth with an unbeaten knock that witnessed him play plenty of 'Vintage Kohli' shots. His last ton in SENA came in December 2018 in Australia, at the same venue Taking to X after his century, South Africa's batting legend AB de Villiers called Virat as the 'Greatest of All Time (GOAT)'.

Rajasthan Royals have had excellent performances in last three seasons and is not surprising that the team has retained six players ahead of the mega auction. It was also the only team that distributed the money exactly how the IPL governing body had first prescribed — Two players for Rs 18 crore, two players for Rs 14 crore and one player for Rs 11 crore. The uncapped player was also retained for Rs 4 crore.

Royal Challengers Bengaluru (RCB) has been a team that assembles strong players, filled with super stars year after year, but is yet to win an IPL trophy. They have been three-time runner ups in 2009, 2011, and 2016. The team has used the most number of players in the history of IPL, but one player has remained a constant throughout the 17 years. Virat Kohli. The franchise has come into the auction with three Right to Match (RTM) cards and Rs 83 crore in the purse, which is the second highest. Post the rollercoaster season, the franchise from Bengaluru is set for a major rejig as they retained only three players, all Indians. It was no surprise that the former Indian captain was retained by the franchise for the 18th season for Rs 21 crore, the highest paid Indian before going into the mega IPL auction.

Netflix's wildly-popular historical drama series The Empress finally returned for its second season in 2024. But fans are curious to know whether the much-loved series get renewed for Season 3? The story of 'The Empress' is based loosely on the real historical figure of Empress Elisabeth of Austria, the show captures the rebellious spirit of the unorthodox monarch as she challenges the strict social norms of her repressive royal life, and all the challenges she faced as a ruler and as a person. The series was a surprise smash for the streamer, and is still one of Netflix's biggest hits in a language other than English.

anti-Naxal operations. The forward operating bases (FOB) have come up in Tumpalpad and Rayagudem in Sukma district and Kondapalli in the adjoining Bijapur district. These bases have been made operational over the last week or so, officials told PTI. The central force is working on a strategy to make inroads into «hardcore» Naxalite areas of the state where the final battle against Left Wing Extremism (LWE) is concentrated. The FOBs act as launching pads for all security forces, including the CRPF and state police units, to launch specific and intelligence-based anti-Naxal operations in core areas, they said.

Virat Kohli on Sunday smashed a brilliant 50 in just 94 balls on the third day of the first Test in Perth, to continue India's lead against the mighty Australians. Kohli, who was out after scoring merely 5 runs in the first innings, appears to have found his rhythm or perhaps regained the much needed momentum in the second. He went on to smash three fours and a six in the innings and even built a strong sixth-wicket partnership with Washington Sundar. This half-ton marks Kohli's 32nd Test fifty, sixth against Australia and second in Perth and above anything else, it marks an end to his forgettable Test season thus far.

KRBL Ltd, a publicly listed company popular for its 'India Gate' basmati rice, is foraying into mixed spices and rice bran edible oil segments. India Gate brand has already forayed into other premium non-basmati rice categories that typically sell at a premium. Their mixed biriymasala is already on e-commerce platforms for about a year now and it is planning to launch it in brick-and-mortar general stores next financial year.

Mahayuti alliance achieved a decisive victory in the 2024 Maharashtra assembly elections, securing 231 of the 288 constituencies. The coalition, led by Shiv Sena's Eknath Shinde, Deputy Chief Ministers Devendra Fadnavis (BJP) and Ajit Pawar (NCP), is set to retain control of the state government. The opposition Maha Vikas Aghadi (MVA) managed to win or lead in only 50 seats, marking a significant setback for the alliance of the Congress, NCP (Sharad Pawar faction), and Uddhav Thackeray's Shiv Sena faction.

Sanjay Raut on Sunday spoke on the recent Maharashtra assembly elections and said that the party was not disappointed addeing that they were the Shiv Sainiks of BalaSaheb Thackeray who had seen several defeats and victories in his life. Speaking to media persons, Raut said «We are not disappointed, we are people who fight. We are Shiv Sainiks of Balasaheb Thackeray. Balasaheb Thackeray has also seen many defeats and victories in his life. We are not sad that we lost or lost power. We will fight against the injustice in Maharashtra.» Further, he added that the people of Maharashtra were sad on the results and questioned on where the celebrations were on the results.

Supriya Sule should apologise for her party fielding Yugendra Pawar against his uncle and Deputy Chief Minister Ajit Pawar in the Baramati assembly seat. NCP president Ajit Pawar won from his traditional Baramati constituency, defeating his nephew and NCP (SP) candidate Yugendra by more than one lakh votes. The high-stakes contest was seen as a battle between the 65-year-old politician and his uncle, Sharad Pawar (83). Talking to reporters, NCP spokesperson Amol Mitkari said NCP (SP) leader Sule must apologise for fielding Yugendra against his uncle, just as Ajit Pawar had expressed his regret for fielding his wife Sunetra against her in the Lok Sabha elections earlier this year. Ajit Pawar, who parted ways with his uncle last year and was seeking an eighth term from this seat in Pune district, polled 1,81,132 votes while Yugendra polled 80,233.

Sanjay Raut on Sunday slammed former Chief Justice of India D Y Chandrachud, alleging that he had removed the fear of the law from politicians who defected from parties in Maharashtra. Raut claimed that by not deciding on the disqualification petitions, Chandrachud kept doors and windows open for defections. The Shiv Sena (UBT) leader's statement comes after his party faced a severe drubbing in the state assembly elections, as it managed to clinch only 20 out of 95 seats it contested as part of the Maha Vikas Aghadi (MVA). The performance of the party's alliance partners was no better, with the Congress winning only 16 out of 101 seats and NCP (SP) getting only 10 out of 86 seats it contested.

Yashasvi Jaiswal brought up a composed unbeaten century on Sunday as India took the first Test in Perth further away from Australia.

Tesla and SpaceX CEO Elon Musk lauded India’s election process, particularly its speed in counting votes. Taking to social media platform X, Musk shared a post about India's Lok Sabha elections, where 640 million votes were counted within 24 hours. He wrote, “India counted 640 million votes in 1 day. California is still counting votes,” accompanied by a facepalm emoji to highlight his frustration with the US system.

Sharad Pawar in 29 seats in the contest between the two rival factions in the Maharashtra assembly elections. The NCP (Sharadchandra Pawar) came out winner in six constituencies, as per the results announced on Saturday.

Israeli military campaign that appears aimed at pressuring Hezbollah into a cease-fire deal.

Jitendra Singh on Saturday credited Prime Minister Narendra Modi behind the results and stated that the Prime Minister won the 'trust' of the people.