Progressive Financial News

Apple phones regarding a possible 'state-sponsored' hacking attack. However, the government has claimed that it is very serious about the issue and that it has issued an ordered probe into the matter. «We are serious about these allegations and we want the complainants to go through the investigation,» IT Minister Ashwini Vaishnav said at a briefing. He said that the complaints require deep technical understanding and certain agencies will be involved in the investigation. Furthermore, Vaishnaw claimed that the Opposition leaders cannot digest India's progress under Prime Minister Narendra Modi and are indulging in compulsive critique. «There are many compulsive critics in our country. Their only job is to criticise the government,» he said. «From the mail sent by from Apple, it can be understood that they have no clear information, they have sent alerts on the basis of an estimate. This is vague. Apple has released a clarification that the allegations by compulsive critics are not true. Such advisories have been sent to people in 150 countries. The people who cannot see the growth of the country are doing destructive politics,» Vaishnaw added. Earlier in the day, prominent Opposition leaders part of the INDIA bloc took to social media claiming they got a message from Apple Inc saying their phones are likely being targeted by 'state-sponsored' attackers.

Co-living space COVIE, on Tuesday, announced a partnership with Ashray Developers for the 'Jaswanti Bliss, Off BKC' project. In this project, COVIE will lease Ashray's 94 2BHK units across two wings accommodating approximately 400 beds. Mumbai’s BKC region, celebrated for its robust infrastructural framework, has witnessed a surge in co-living and student housing demands. The collaboration aims to fulfil this escalating need, leveraging the regions strategic positioning amidst educational institutes and growing corporate entities. Abhishek Kumar, Co-founder at COVIE, said in a statement, «The evolving aspirations of young professionals lean towards shared living spaces.

caste discrimination in Canada is a huge step forward for civil rights, advocates say.In its ruling, the OHRC said while caste is not specified as a protected category under Canadian law, it is covered by international human rights law and hence, can be protected under the Ontario Human Rights Code.“Caste is not a prescribed Code ground, and only the legislature can recognize a new ground,” the OHRC noted.“However, the OHRC, the Human Rights Tribunal of Ontario and the courts must take a liberal and progressive interpretation of the Code. Human rights tribunals have found that caste-based discrimination is covered by human rights laws and can be challenged under one or more existing grounds.”Vijay Puli, executive director of the Canada-based South Asian Dalit Adivasi Network (SADAN), told Global News just the acknowledgment of caste discrimination from the OHRC is a huge leap forward.“People from oppressed castes can now finally go to court if they face discrimination.

high-net-worth individuals (HNIs) who engage in tax underpayment, according to Financial Express. This decision follows the department's discovery that the reduction in the highest tax rate on personal income from 42.74% to 39% in the FY24 Budget has not deterred tax evasion among HNIs. The department is currently engaged in a comprehensive “360-degree profiling" of individuals who have either reported or are likely to have an annual income exceeding ₹1 crore.

Rajan Sethuraman, CEO, LatentView Analytics, says “what has aided the growth in the last quarter and even in the first quarter has been incremental work that we have won from existing stakeholders. That again, is energizing because it means that the work we are doing for our current stakeholders is important and critical, that they choose to continue that and even add to that during the current economic scenario.” In the first half of the year, we have seen a growth of around 20%. But when we started the year, you had a growth target of at least 25%. Are you expecting growth to accelerate in the second half of the year or are you expecting this kind of growth rate to continue? While we hope for a significant acceleration, at this time, the demand scenario is still a little weak. We are, however, energized by the fact that the number of open conversations and the opportunities in the pipeline is more than double of where we were at the same time last year. So there is a great deal of interest but signing new deals and getting things underway, that is still quite sluggish.

Sources say Jeep maker Stellantis reached a tentative contract agreement.

Jerusalem: Prime Minister Benjamin Netanyahu told his war cabinet on Monday that Israel is making "systematic progress" in its military campaign against Hamas in Gaza. Netanyahu said the Israeli army «has expanded its ground entry into the Gaza Strip, it is doing it in measured, very powerful steps, making systematic progress one step at a time», according to an official video statement of the start of the meeting. Israel has staged daily air raids since the October 7 attacks by Hamas which unleashed the latest war.

(Reuters) -General Motors and the United Auto Workers (UAW) union reached a tentative agreement, two sources familiar with the matter told Reuters on Monday, effectively ending the simultaneous strike against the Detroit Three automakers with record wage and benefit hikes.

APA Group has joined with France’s EDF to bid to construct NSW’s second renewable energy zone in an attempt to capture a share of the $50 billion opportunity involved with connecting wind and solar farms to the grid.

By David Shepardson and Joseph White

Castrol India on Monday posted profit for the quarter ended September 2023 at Rs 194.42 crore, up 3.9 per cent in comparison to Rs 187.17 crore during the same period last year. It posted revenue from operations at Rs 1182.92 crore, up 5.5 per cent as against Rs 1121.07 crore during the third quarter of FY23. The company EBITDA stood at Rs 268.6 crore, up 4.4 per cent on-year. EBITDA margin, meanwhile, was at 22.7 per cent versus 22.9 per cent last year. The company follows the calendar year (January to December) for its financial reporting.

₹1.4 trillion, ratings agency Crisil said on Monday. This anticipated growth is attributed to increasing composition of hybrid annuity model (HAM) projects within InvITs. The stability of cash flow from a growing number of HAM projects will counteract any slight uptick in leverage, thereby maintaining robust credit profiles.

By Selena Li and Lawrence White

Harimau Shakti 2023." This joint bilateral training exercise, held at Umroi Cantonment in India, aims to strengthen military capabilities and enhance the synergy between the two nations. According to an official release from the Public Relations Officer (PRO) Defence, Guwahati, «Ex HARIMAU SHAKTI-2023, a joint exercise between India and Malaysia, is progressing with full steam, covering the vast canvas of multi-domain OP in sub-conventional environment.» The exercise is being conducted at the Foreign Training Node, Umroi Cantonment, India, from October 23, 2023, and will conclude on November 5, 2023, it said. As per the release, «With the aim of achieving interoperability, the personnel of both armies were put into exercise for the past week. Both contingents were put on combat conditioning and tactical training, which included firing drills and 'battle hardening' work sessions.» Special emphasis was given on special training of troops in jungle to include Hellebore operation, Rock Climbing, Jungle Survival techniques, reflex shooting and employment of snipers, IED and counter-IED drills, AMAR (Army Marshal Art Routine) etc. As per the release, Indian contingent took the opportunity to get acquainted with the operational procedures and drills of Malaysian Contingent and vice versa. The joint training would culminate in a 48 hours' validation exercise which aims to rehearse & validate the tactical drills in simulated sub conventional environment. In the Exercise Harimau Shakti -IV 2023, the Command Post Exercise (CPX) a table top planning, event focused on unit commanders and staff officers' abilities of operational plan formulations.

40% stocks in Nifty IT index have moved into the oversold region and among them Tech Mahindra and LTTS looks to be gearing up for a bounce back, says Anand James, Chief Market Strategist at Geojit Financial Services. “Among the NSE500 stocks, 10% stocks are oversold. Interesting fact is that Chemical stocks have corrected significantly and around 70% have either entered the oversold region or close to the oversold region,” he says. Edited excerpts: After six days of non-stop decline that ended with October series expiry, was Friday's upside expected? Nifty showed strong support at 200-DMA. What are the targets for the new series? Both the non stop decline as well as the turn on Friday could be explained by 200 DMA which remained the target and thereby a point for reversal, after the penetration of 19500 triggered panic selling. Friday also saw the November derivative series becoming active, also aiding a bounce back that has now retraced about 23% of the fall. This retracement could stretch as far as 19150 as well, while momentum could even push the recovery move to 19420 which is from where bears could mount fresh challenges in the days ahead. Alternatively, inability to hold above 19050 or a direct pull back below 18900 would also ensure that the 200 DMA at 18600 is tested. Breach of the same would bring the worst case scenarios into the picture, with 17000 as the likely objective, but this is least favoured at the moment.

Hindustan Unilever's managing director Rohit Jawa has told ET that the Centre's progressive and reformer mindset, manifest in New Delhi's economy-anchored policy thrust and commentary, should bring 'considerable' overseas funds into India — a demonstrated growth outlier in an inflation-ravaged world struggling to come to grips with geopolitical uncertainties. «The Indian economy is unstoppable because of the sheer demographics of a billion people of working age,» Jawa said in his first media interview after taking over the top job at India's biggest consumer-goods company in June. «At this point of time in geopolitics, India is sweetly positioned. So, that does mean there will be considerable foreign investment coming in.»

Vodafone Idea is likely to begin investing in 5G roll-outs in the coming quarters. Mirtillio said Ericsson is in talks with Vi for the 5G rollout.

Democratic Progressive Azad Party (DPAP) chairman Ghulam Nabi Azad on Sunday said he would never indulge in the politics of hatred and invoke religion to garner votes. The former Jammu and Kashmir chief minister also promised people that his politics would always be based on moral and social values and he would never discriminate among them on the basis of religion. «Doing politics by invoking religion and spreading hatred is not what my ideology stands for.

Disney animated hit, not only captured hearts but set the stage for new adventures and songs. As the world eagerly anticipated a live-action rendition, a Moana television series was announced back in 2020. Since then, news on the show has been as elusive as the wind on the open sea. Here's a look at what's been unfolding with Moana: The Series.

By Joseph White

BRS supremo K Chandrasekhar Rao on Sunday said his party will protect the state like the armour of Karna. Speaking at a rally here in the run-up to the November 30 Assembly elections, the Telangana Chief Minister KCR, seeking votes for his party's candidate, said the state has been progressing and became number one in several parameters such as per capita income and power. Taking a dig at Karnataka Deputy Chief Minister D K Shivakumar, KCR said he is talking in Telangana about Siddaramaiah-led government's five hours of free power to farmers where BRS government offers 24 hours free power to peasants.