PAM Financial News

Sakamoto Days, Chapter 187, is scheduled for release on Sunday, October 27, 2024. Fans can read it for free on Manga Plus.

Supreme Court has allowed fugitive Islamic preacher Zakir Naik to withdraw his plea to consolidate multiple hate speech cases against him. A bench comprising Justices Abhay Oka, Ahsanuddin Amanullah, and Augustine George Masih granted the withdrawal after Naik informed the court that he plans to approach the respective High Courts to seek the quashing of these cases, reported Bar and Bench. The Maharashtra government previously questioned Naik's ability to approach the Supreme Court given his fugitive status. The court had permitted the state to file a counter-affidavit to present their objections about the maintainability of Naik's plea. Earlier, Centre also questioned before the Supreme Court the maintainability of a plea filed Zakir Naik seeking clubbing of FIRs filed in different states over his purported statements during the Ganapati festival in 2012.

Nagesh Kumar, the newest member of the Reserve Bank of India’s Monetary Policy Committee (MPC), has pointed to demand deficits in both domestic and international markets as a primary reason for the lack of momentum in private investment. In the minutes of RBI MPC's October meeting, Kumar has highlighted that despite companies maintaining healthy balance sheets and the government’s various reforms and incentives, private sector investment is yet to pick up. Kumar, who was the sole MPC member advocating for a rate cut in the latest meeting, believes that weak demand is holding back the investment recovery.

HUL) has provided a cautiously optimistic outlook for the upcoming quarters, suggesting that demand trends are likely to remain stable. As the FMCG giant navigates the evolving market landscape, it anticipates that low-single-digit price growth may be achievable if commodity prices stabilise at their current levels. In its second quater result the FMCG major witnessed a decline in food & refreshment and personal care segment. HUL's expectation of low-single-digit price growth is contingent on the stabilisation of commodity prices. Inflation often drives up the costs of raw materials, which can lead to increased prices for consumers. By indicating that price growth may remain stable if commodity prices stabilise, it could possibly mean easing inflationary pressures, which would be beneficial for both the company and consumers. Rohit Jawa, CEO and Managing Director of HUL, noted that while urban markets have experienced moderating growth in demand, rural areas are on a path to gradual recovery.

Yann LeCun, vice president and chief AI scientist at Meta on Wednesday. Social media giant Meta's first Build with AI Summit in India was held here to discuss AI's transformative role in shaping the future of humankind. «AI assistants will eventually be smarter than us, but we should not feel threatened by that. We should feel empowered by it. It's kind of like everybody would walk around with a staff of smart people working for them. There is nothing better than working with people smarter than you, right?» said LeCun in his keynote address. According to him, everybody is going to be smarter because of that. «It's not just people like us in the tech community or in academia. It's going to be everyone. Everyone in India, even in rural areas, can ask questions to their AI assistants in their own language or for health issues, whatever. And it's a very different future that will become possible,» he added.

Groww Mutual Fund has filed a draft document with Sebi for Nifty 500 Momentum 50 ETF Fund, an open‐ended scheme tracking the Nifty 500 Momentum 50 Index – TRI. The investment objective of the scheme will be to generate long-term capital growth by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors. Also Read | 8 smallcap MFs multiplied SIP investments by over 2.25x in 5 years

PM Modi on Wednesday invited BRICS nations to adopt India's Unified Payments Interface (UPI) in their markets and welcomed steps for financial integration in amongst the nations. Modi said that UAE had adapted the UPI payments system and Mauritius has also expressed an interest for the technology.

Could this year see another bull run? It’s too early to tell. But strategic investors have started accumulating coins in anticipation of turbocharged price action. While Bitcoin (BTC) is a top pick, more crypto coins are turning heads. Here are the three altcoins to watch as BTC eyes a year-end surge. 1. Flockerz (FLOCK) Flockerz (FLOCK) is a new crypto coin that has entered the market with an ambitious value proposition– community governance through a vote-to-earn reward mechanism.

Priyanka Gandhi on Wednesday said that she began taking part in political campaigns in 1989 at the age of 17 years when she canvassed votes for her late father Rajiv Gandhi. Addressing a massive gathering at Kalpetta ahead of filing nominations for the upcoming Wayanad Lok Sabha bypoll, she said that in the 35 years since then, she has campaigned for her mother, Sonia Gandhi, her brother Rahul Gandhi and other party colleagues. Her statement also comes a day after BJP's Wayanad Lok Sabha bypoll candidate Navya Haridas said she was more experienced in representing people than Priyanka.

PEPU, the native crypto of Pepe Unchained, just crossed the $20 million milestone in its trending presale. Not another token riding the Pepe wave Pepe Unchained’s fast-moving presale has grabbed the attention of memecoin traders and influencers like ClayBro.

In The Wall Street Journal Magazine interview when Cohen asked, «What’s the best name for a group chat?» Cook appeared momentarily bewildered. “I don’t name them,” he replied, emphasizing his surprise at the notion. The journalist noted that Cook's expression resembled that of someone asked to recommend an Android phone. This amusing interaction highlights the disconnect that can occur between high-level executives and everyday user experiences. However, Cook embraced the suggestion and later shared on social media that he had named a group chat with his college friends “Roommates,” showing his willingness to engage with the feature.

However, SUI is just one of many altcoins in the spotlight. Upcoming Layer-2 blockchain Pepe Unchained just hit the $20 million milestone. The project is building a secondary layer dedicated to memecoins. SUI surges ahead SUI has recorded a growth above 330% on the annual chart. Despite the recent ups and downs in the broader market, SUI has surged above 100% over the last 30 days to become one of the most trending crypto coins this month.

National Congress Party (NCP) led by Ajit Pawar on Wednesday released a list of 38 candidates for the Maharashtra election with party's chief contestin from Baramati. The voters from Maharashtra will be casting their ballots on November 20 in single phase. The counting of votes is scheduled for November 23.

Indo-Tibetan Border Police (ITBP) team that came to his aid after he was rescued from the remote Ralam village in Uttarkhand’s Pithoragarh district following an emergency helicopter landing due to inclement weather and left stranded at over 12,000 feet. Ralam is a high Himalayan village and is typically deserted during winter. Despite this, three villagers — Ishwar Singh Nabiyal, Surendra Kumar, and Bhupendra Singh Dhakriyal — trekked over 38km through rugged terrain to reach Kumar, who was stuck without food or proper shelter. He was with two other poll officials and the pilot of the chopper. The villagers provided warm noodles and other essential supplies to the officials. They arrived at the village around 1:00 am after battling extreme conditions.

Bombay High Court on Wednesday suspended the life sentence of gangster Chhota Rajan in connection with the murder of hotelier Jaya Shetty here in 2001 and granted him bail in the case. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan directed Rajan to furnish a bond of Rs one lakh for the bail. Rajan will, however, continue to remain in jail in connection with other criminal cases. In May this year, a special court convicted Rajan in the hotelier's murder case and sentenced him to life imprisonment.

NMDC has announced another price hike for its iron ore effective from October 23, a notification said. The price of lump ore has increased by 18.69 per cent since August this year and by 10.43 per cent in October alone to Rs 6,350 per tonne. While fines have seen a 17.35 per cent hike since August and a nearly 8 per cent rise in October to Rs 5,410 per tonne.

Bay of Bengal intensified into cyclonic storm 'Dana' on Wednesday morning, the Odisha government expedited the evacuation of people from coastal areas and deployed 288 rescue teams in vulnerable areas across 14 districts, officials said. The state government has already mobilised 19 National Disaster Response Force (NDRF) teams, 51 Odisha Disaster Rapid Action Force (ODRAF) teams, and 178 Fire Services teams, with an additional 40 teams also deployed in the affected districts. On Wednesday morning, the Indian Air Force transported 150 NDRF personnel and relief materials to Bhubaneswar using two aircraft.

Orhan Awatramani, or as most people know him, Orry, recently dropped a whopping 23 kilos, and he credits it all to a super simple change in his diet: a strict zero-sugar approach! Now tipping the scales at just 50 kg, Orry shared the details of his transformation on Arhaan Khan’s podcast, Dumb Biryani. For context, Arhaan is the son of famous personalities Malaika Arora and Arbaaz Khan.

Trump wins next month's U.S. presidential election, Mike Sagan's toy-making company will halve its China supply chain within a year. KidKraft, which also makes outdoor play equipment, had already shifted 20% of its production out of China to Vietnam, India and elsewhere after Trump introduced 7.5%-25% tariffs in July 2018, midway through his first term. Now Trump threatens blanket 60% tariffs on China, which Sagan sees as a game-changing «blunt» tool.

World Economic Outlook (WEO) and expected India to grow at 7 per cent in the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26). «In India, the outlook is for GDP growth to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025, because pent-up demand accumulated during the pandemic has been exhausted, as the economy reconnects with its potential,» the IMF said in the World Economic Outlook. Looking beyond the one-year outlook, the global economy faces a feeble period of medium-term growth, the IMF said as it called for a slate of reforms in its latest WEO during the annual meetings of the fund and the World Bank in Washington.