PAM Financial News
28.10 / 08:17
markets
Digital
Platform
Mobile
Experts
PAM
social
"When will govt agencies intervene?", Kunal Kamra hits at Ola again, urges Nitin Gadkari to step in
Kunal Kamra took to X (formerly Twitter) to express his frustration over the poor condition of Ola Electric scooters and urged Union Minister Nitin Gadkari to intervene. In his post, Kamra highlighted the plight of Indian customers, criticising the lack of accountability from Ola. He emphasised how customers are struggling to commute and are being forced to take bad loans due to issues that, according to him, are the company’s responsibility. His post was triggered by a complaint from Rangraj Nagar in Solapur, where several Ola scooters were reportedly found in poor condition. The user expressed outrage over the absence of qualified engineers or technicians at the site, stating that such negligence is unacceptable given that customers have invested their hard-earned money into these products. Tagging prominent figures including Ola Electric’s CEO Bhavish Aggarwal, Prime Minister Narendra Modi, and Minister Gadkari, Kamra's post urged government agencies to intervene and address the grievances.
28.10 / 08:17
markets
Digital
security
Experts
RAI
Cycling
PAM
Upcoming key government appointments: CAG, RBI Governor, CEA, and SEBI Chairperson
CAG is set to conclude in November, and a high-ranking official with close ties to the Modi administration is likely to be chosen to oversee the Centre's financial oversight. While Murmu's position requires a new appointee, three other pivotal roles — the Reserve Bank of India (RBI) Governor, Chief Economic Adviser (CEA), and Securities and Exchange Board of India (SEBI) Chairperson — offer the possibility of reappointment. Following Murmu’s tenure, attention will shift to the RBI’s leadership. Shaktikanta Das, who became RBI Governor in December 2018 after the sudden resignation of Urjit Patel, is nearing the end of his second term. Das, a former bureaucrat known for maintaining strong government relations and navigating India’s financial landscape smoothly, may either continue in this role or pass the mantle, with a decision expected in December.
28.10 / 08:01
markets
FIVE
BLOCK
Digital
Booking
Experts
PAM
IRCTC train ticket booking: How to book Tatkal tickets without money getting blocked, step-by-step guide to follow
Tatkal tickets on the day before the train's departure from the originating station. The booking window opens at 10 am for AC classes (2A/3A/CC/EC/3E) and 11 am for non-AC coaches (SL/FC/2S). For example, if you want to book a Tatkal ticket for a train departing on November 1, you can book it on October 30 at the specified times. Now imagine you need to book Tatkal train tickets for a family of five. This could cost thousands of rupees. Additionally, if you specify a particular berth, such as a lower berth, and it's not available, your money will be blocked for four to five days before being automatically refunded. The main concern is not the refund itself, but the time it takes to receive it. To save both time and money when booking Tatkal tickets, consider using the autopay option where you can use UPI (OTM)/debit card (OTM)/credit card (OTM) to pay for the tickets using a mandate. These autopay options are available on the IRCTC iPay payment gateway.
28.10 / 08:01
markets
FIVE
Digital
Experts
RAI
Celebrity
PAM
Diwali 2024 bank holidays: Are banks closed on October 31 or November 1 for Diwali? Check full state-wise bank holiday list here
Diwali, also called Deepavali is the Hindu festival of lights, with variations celebrated in other Indian religions. It symbolises the spiritual «victory of light over darkness, good over evil, and knowledge over ignorance» The celebrations generally last five or six days. During the festival, the celebrants illuminate their homes, temples and workspaces with diyas (oil lamps), candles and lanterns.
28.10 / 01:57
markets
President
Experts
War
PAM
On world stage, Kamala Harris promises alliances and Donald Trump puts US first
Vice President Kamala Harris largely offers a continuation of President Joe Biden's agenda, although she has sought more nuance on the Middle East in particular, while a return of Donald Trump would likely mean a sharp rupture from current US foreign policy. — Ukraine -
28.10 / 01:57
markets
UPS
President
Experts
PAM
social
"Bienvenido a India": Spanish President Pedro Sanchez arrives in Vadorara, to meet PM Modi today
Pedro Sanchez arrived in Vadodara, Gujarat in the early hours of Monday for his three-day visit to India, during which he will be holding delegation-level talks with Prime Minister Narendra Modi. Upon his arrival, the Ministry of External Affairs took to social media platform X greeting the Spanish leader, «Bienvenido a India!» «President of the Government of Spain Pedro Sanchez touches down in Vadodara, marking the first visit by a Spanish President to India in 18 years. An official visit to elevate India-Spain relations to new heights,» the MEA added.
28.10 / 01:57
markets
UPS
economy
Sustainability
Experts
PAM
RBI's rosy growth forecast baffles economists
Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists. The central bank has stuck to its forecast that India’s economy will expand 7.2% in the year ending March 2025 despite recent evidence showing activity is starting to taper off. The RBI’s outlook is far more optimistic than the 6.5%-7% growth projected by Prime Minister Narendra Modi’s government. Investment banks like Goldman Sachs Corp. have already downgraded growth projections to as low as 6.5%. The RBI’s bullishness is underpinned by its view that rural spending is improving and private investment is picking up. Economists, though, point to sluggish urban consumption and weakening exports as a worry. If those warning signals aren’t heeded in time, the RBI runs the risk of keeping monetary policy too tight, undermining growth further, they say.
28.10 / 01:57
markets
Election
PAM
voice
social
Will try my best to understand every Worlikar's aspirations: Milind Deora welcomes candidature for Maharashtra polls
Shiv Sena leader Milind Deora expressed his gratitude and welcomed the party's decision to field him as a Mahayuti candidate from the Worli constituency and said that he is committed to understanding the aspirations of every resident of Worli and will ensure their voices are heard by Chief Minister Eknath Shinde. Taking to his social media handle on X, Shiv Sena leader Milind Deora said, «I agree with Shiv Sena's decision to field me as a Mahayuti candidate from Worli, Mumbai. I will try my best to understand the aspirations of every Worlikar and convey their voice to @mieknathshindeJi.» The Worli constituency will head to a high-profile battle in the elections as Deora will be up against Shiv Sena (UBT) leader Aaditya Thackeray.
27.10 / 21:07
27.10 / 21:07
27.10 / 19:27
markets
UPS
Cooper
Strategy
students
PAM
Schools
Amid tensions with Canada, Dharmendra Pradhan emphasises India-Australia education cooperation
Dharmendra Pradhan just wrapped up an Australia tour which saw him discuss collaboration across the entire education sector, from possible twinning of schools to setting up Australian varsity campuses in India and joint efforts at addressing skilling gaps. Pradhan, while on an official tour to Australia last week, termed cooperation in education as the «fulcrum of India-Australia relationship». The discussions for greater educational collaboration with Australia comes even as there is a clear cooling off with Canada amid recent controversies.
27.10 / 16:01
markets
UPS
Strategy
War
PAM
Gold helps hold up forex reserves
It is up 4 percent over the March-end levels in volume. The outstanding stock of RBI's gold is 853.6 metric tonnes as of end September 2024. Incremental value of gold in reserves on account of new purchases and valuation of existing stock is about $12.7 billion or almost one third of the $39 billion added to reserves this fiscal.
27.10 / 16:01
markets
Digital
Strategy
Election
Experts
PAM
"Samajwadi Party, NCP-SCP are like families": Swara Bhaskar's husband Fahad Ahmad
Fahad Ahmad emphasized the connection between Samajwadi Party and NCP-SCP through their shared ideology of 'Samajwadi', saying that both the parties are like families. Fahad Ahmad joined the NCP (Sharad Chandra Pawar) on Sunday and was fielded from the Anushakti Nagar seat against Sana Malik of NCP (Ajit Pawar). «The roots of Samajwadi Party and NCP-SCP are connected with 'Samajwad'...The public has been waiting for elections in Maharashtra to get rid of the current government. Samajwadi Party and NCP-SCP are like families. There is a very strong relationship between Mulayam Singh Yadav and Sharad Pawar and Supriya Sule and Akhilesh Yadav,» he said.
27.10 / 16:01
27.10 / 14:49
markets
Target
Digital
Discover
Corning
Experts
PAM
Wild bear dies after eating bomb coated with corn flour in Madhya Pradesh's Balaghat forest
Bijora village, a sloth bear lost its life after ingesting a makeshift bomb disguised with corn flour, allegedly intended to attract and kill wild boars. The incident occurred around 2 p.m. near the Laugur forest range, where a patrol team discovered the bear’s body, severely injured with extensive wounds in its mouth from the explosion. Authorities revealed that local villagers often set such crude bombs near forested areas to control wild boar populations, which they view as crop threats. These traps, commonly placed in fields adjacent to the forest, are lethal, causing severe injuries upon consumption and making animals easy targets for hunters. Forest officials believe the bear, while wandering near Bijora village, accidentally encountered one of these bombs.
27.10 / 14:49
markets
Digital
Experts
Celebrity
PAM
prevention
Ayodhya's Ram temple to celebrate Diwali for first time after inauguration; to create world record by lighting 28 lakh lamps
The Uttar Pradesh government said it aims to create a new world record by lighting 25 to 28 lakh lamps along the banks of the Saryu River, while special eco-friendly lamps will illuminate the Ram temple. These lamps are designed to prevent stains and soot from affecting the temple's structure and will remain lit for extended periods. Ninety-five percent of the decoration work on the ghats is complete. A unique feature of this year's Deepotsav is that 10,000 people will be allowed to participate in the celebrations. A viewing gallery is being constructed at Ram Ki Paidi for the attendees, which will be ready before the event.
27.10 / 14:49
27.10 / 14:25
markets
MET
Digital
Action
Trade
Experts
PAM
Jalandhar Police arrest key aide of Amritpal Singh in major arms and drug smuggling crackdown
Amritpal Singh, for their involvement in illegal arms smuggling, drug trafficking, extortion, and other criminal activities. Revealing the details, the Commissioner of Police stated that this racket had been operational in the state and was planning a major action to disrupt law and order. The four individuals have been identified as Lakhwinder Singh from Haibowal village, Garhshankar Police Station, Hoshiarpur; Gurbhej Singh from Gudara village, Bajakhana Police Station, Ferozepur; Satinder Singh (alias Kala) from Palahi village, Mehtiana Police Station, Hoshiarpur; and Bharat (alias Bhau) from Barar Mohalla, Patti, Tarn Taran.
27.10 / 14:25
markets
Provident
Digital
Food
Experts
PAM
social
Assam govt approves MoU with Reliance Bio-Energy Limited for promoting compressed biogas sector
Compressed Biogas Sector in the State. The cabinet meeting on Sunday stated Cabinet has approved the Memorandum of Understanding between Reliance Bio-Energy Limited and Government of Assam for promoting Compressed Biogas Sector in the State. As per the understanding, a network of integrated compressed bio-gas infrastructure will be established in the State. This initiative will ensure reduction of pollution created by fossil fuels without endangering food security.Significant employment and income for the farmers, by developing Bio value chain ecosystem.
27.10 / 13:31
markets
Digital
Rhythm
Experts
Cycling
PAM
Schools
Daylight saving time ends soon: Here is how it can impact your health, ways to prepare yourself and more
Standard time will last until March 9 when we will again «spring forward» with the return of daylight saving time. The transition into spring with daylight saving time can be challenging for many people. The shift to darker mornings and lighter evenings can disrupt your internal body clock, making it difficult to fall asleep at the usual time for weeks or even longer. Research has shown an increase in heart attacks and strokes shortly after the March time change.
27.10 / 13:31
markets
Digital
Platform
Experts
PAM
country
travelers
Bandra station stampede: Example of India's crumbling infrastructure, need to take local needs of poor into account, says Rahul Gandhi
Bandra station, Leader of Opposition Rahul Gandhi said the country needs international-class infrastructure that also takes into account the local needs of the poor – that makes business easier, travel easier and keeps people safe. «The recent stampede at Mumbai's Bandra Terminus station is the latest example of India's crumbling infrastructure. The Balasore train accident in June last year claimed the lives of 300 people, but instead of compensating the victims, the BJP government has entangled them in a long legal battle,» said Rahul Gandhi in a post on X. Read More:Nine persons injured in stampede at Bandra railway station in Mumbai
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