Progressive Financial News
02.04 / 04:17
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IPL Points Table 2024: Rajasthan on top, Chennai slip to third spot. Check updated list after MI vs RR clash
IPL Points Table 2024: Rajasthan Royals registered their third straight win of the season on Monday, comfortably defeating Mumbai Indians by 6 wickets at their home ground. The win sees RR move to the top of the IPL points table, while Mumbai Indians remain at the bottom and Chennai Super Kings have slipped to 3rd spot. The Royals have had a solid start to the season, starting with a win over Lucknow Super Giants in their opening match, followed by a win over Delhi Capitals and now Mumbai Indians.
02.04 / 03:41
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Hybrid cars can act as a bridge to carbon-free mobility
For all the policy promotion of electric vehicles (EVs), their sales figures in India have been a disappointment as far as four-wheelers go. Even hybrid cars, which get no policy push, have lately been selling more. Consider the automobile sales numbers for 2023-24.
02.04 / 02:05
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NBFC Namdev Finvest raises $20 million in equity funding
BENGALURU : Non-banking finance company Namdev Finvest Private Ltd (Namdev) on Tuesday said it has raised $20 million in an equity round in its pre-series-C funding. The investment round was led by Maj Invest Financial Inclusion Fund III K/S who has put in $16 million, with participation from Promoters Group & Employees who have put in about $3 million. Founded in 2013 by Jitendra Tanwar, Namdev provides financial solutions to underserved populations in rural areas and has a presence across seven north-western Indian states.
01.04 / 21:49
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Rise of the Ronin: Early game melee weapons to give you an edge over opponents
Rise of the Ronin, released on March 22 this year, exclusively for Sony PlayStation 5 is one of the most hyped game this year and may end the year as one of the best-rated games released. The game, developed by Team Ninja, has a vast list of melee weapons, including some primary and secondary weapons. The primary setting of Rise of The Ronin story is based in Edo, also known as Yeddo, which, according to history is a previous name for the city of Tokyo, based in Japan. However, the timeline of the game is not set in modern day, but in the mid 19th century and according to Sony, in the final years of the Edo period. The Boshin War, also considered the Japanese revolution, is one of the primary highlights of the game's storyline which players will be able to play, using some medieval weapons, including some good melee weapons which give you an edge over your formidable opponents.
01.04 / 20:57
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Court approves 3M settlement over 'forever chemicals' in public drinking water systems
multi-billion-dollar settlement over contamination with potentially harmful compounds used in firefighting foam and several consumer products, the company said. St. Paul, Minnesota-based 3M announced Monday that last year’s lawsuit settlement received final approval from the U.S.
01.04 / 16:09
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California's $20 minimum wage for fast-food workers goes into effect
16 Handles CEO Neil Hershman discusses the impact of Gov. Gavin Newsons new minimum wage law on Varney & Co.
01.04 / 15:49
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World Bank warns of slowdown for APAC economies
Developing economies of East Asia and the Pacific are set to see slowing growth, with higher-for-longer interest rates and worsening geopolitical tensions clouding the outlook for the region, the World Bank said.
01.04 / 13:47
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For Railways, FY24 was a year of multiple milestones
NEW DELHI : Indian Railways has moved at record pace in the just completed financial year, reaching new milestones in various categories including freight loading, railway electrification, and new development. The national transporter also registered its highest number of restoration of bridges during the year, and expanded its programme to install automatic signalling and digital interlocking of stations–measures aimed at ensuring both smoother operations as well as a higher degree of safety. Indian Railways registered record freight loading of 1,591 million tonnes in FY24, as compared with 1,512 mt in the year before–also an indicator of higher economic activity.
01.04 / 10:45
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FY25 Outlook: Hotels to see revenue growth of 9-11%, a 3rd straight Year of growth- CareEdge
Indian Hotels Company , EIH Ltd , Lemon Tree Hotels, Chalet Hotels share price have risen 70%-189% in last one year. The same has been helped by continuing upcycle as Revenue per available room (RevPAR) have improved regularly in the back of rising occupancy and improvement in average room rates (ARR). The outlook remains strong and share prices of EIH, Lemont Tree Indina Hotels, Chalet Hotels rose up to 5.7% on Monday The analysts and experts expect the earnings growth trend to continue.
31.03 / 20:33
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ET Poll: RBI likely to maintain status quo on key rates
RBI) is likely to keep interest rates unchanged this week as it weighs both robust domestic economic growth prospects amid prickly food inflation and a delayed start to the now-evident shallower monetary easing cycle in the US, where policymakers have already announced fewer reductions next year than indicated by earlier dot plots. An ET poll of 14 respondents said the central bank's Monetary Policy Committee (MPC) is expected to keep the repo rate unchanged at 6.50% at the conclusion of the panel's three-day meeting on April 5. This would mark the seventh consecutive time the rate-setting committee is expected to maintain the repo rate at its current level.
31.03 / 15:57
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Recognition of his contribution to country's progress: PM Modi on Bharat Ratna to Advani
: Prime Minister Narendra Modi on Sunday said the conferment of the Bharat Ratna on BJP stalwart L K Advani is a recognition of his enduring contributions to the nation's progress. President Murmu conferred the Bharat Ratna, the country's highest civilian honour, on former deputy prime minister Advani at his residence here earlier on Sunday. Modi sat next to Advani as the President honoured the veteran leader. Besides Modi, Vice President Jagdeep Dhankhar, Defence Minister Rajnath Singh, Home Minister Amit Shah and Advani's family members attended the ceremony.
31.03 / 10:21
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PM Modi ‘proud’ to witness Bharat Ratna award ceremony for Lal Krishna Advani: 'He played pivotal role in…’
Bharat Ratna upon Shri LK Advani Ji. This honour is a recognition of his enduring contributions to our nation's progress.
31.03 / 08:01
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INDIA bloc's ‘Loktantra Bachao’ Maharally and Arvind Kejriwal's tryst with Ramlila Maidan in 5 points
Ramlila Maidan in the national capital. The protest forced the Congress-led United Progressive Alliance (UPA) government at the centre to promise an anti-corruption watchdog - Lok Pal. Arvind Kejriwal took oath for the first time as Chief Minister of Delhi, with the support of the Congress party, at the Ramlila Maidan on December 28, 2013.
31.03 / 06:29
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2020
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‘Women should be limited to kitchen,’ Cong MLA Shamanur Shivashankarappa's sexist remark for BJP nominee draws criticism
Shamanur Shivashankarappa has sparked controversy with a sexist remark directed at the BJP's candidate from the constituency, Gayathri Siddeshwara. He stated that she is only “fit to cook," implying that her abilities are limited to domestic tasks.
30.03 / 21:17
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'PM Modi should apologise to Manmohan Singh': Jairam Ramesh after CBI closes Air India scam case
CBI filed closure report in Air India scam case, Congress General Secretary in-charge Communications Jairam Ramesh demanded that Prime Minister Narendra Modi should apologise to former PM Manmohan Singh and to the country. The Congress leader alleged that the CBI closed the case because Nationalist Congress Party (NCP — Ajit Pawar faction) leader Praful Patel joined hands with the ruling Bharatiya Janata Party. «In 2014, during the Air India scam, PM Modi was going everywhere with the CAG report. Yesterday, the CBI closed that case because the then minister (Praful Patel) joined the BJP and went into BJP's washing machine. PM Modi should apologise to Manmohan Singh, he should apologise to the country,» Jairam Ramesh said.
30.03 / 15:14
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Marico's Harsh Mariwala takes a dig at Narayana Murthy's 70 hr-work week remark: ‘Ensure every person is motivated...'
Marico took an indirect dig at NR Narayana Murthy's 70-hour work week remark at the Mint India Investment Summit 2024 on Saturday, March 30. Talking about recruitments and workplace culture, Mariwala said, "You have to ensure that every person in the organisation is motivated to work 70 hours, not just say it.'' Mariwala also said that when recruiting, he prioritizes three aspects: internal drive for success, alignment with our culture, and the ability to identify and resolve key issues.
30.03 / 09:07
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Bharat Ratna conferred on ex-PM PV Narasimha Rao Garu, PM Modi says his contributions will forever be cherished
lauded PV Narasimha Rao Garu in a post on X. He said, “Every Indian cherishes what PV Narasimha Rao Garu has done for our nation and feels proud that he has been conferred the Bharat Ratna." ALSO READ: Bharat Ratna 2024: India's top civilian award conferred on 5 eminent personalities: Check details “He worked extensively to further our country's progress and modernization. He is also known as a respected scholar and thinker.
30.03 / 06:51
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Voting is not just a right but a responsibility also: First-time voters in Arunachal Pradesh
first-time voters in Arunachal Pradesh voting is not just a right but a responsibility also for building a strong base for a vibrant democracy. First-time voters in Arunachal Pradesh constitute 46,144 of the total 8,82,816 electorate. Voting for the two Lok Sabha constituencies and the 60-member Arunachal Pradesh Assembly will be held simultaneously on April 19. Eighteen-year-old Millo Sunyo who will vote for the first time said: «Voting is not just a right but a responsibility of all eligible voters to exercise their adult franchise for building a strong base for a vibrant democracy».
29.03 / 17:13
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iFOREST study reveals Assam's surging renewable energy potential, surpassing prior assessments by govt agencies
iFOREST), a prominent environmental research think tank, released new research findings showing that Assam is blessed with significantly higher renewable energy (RE) generation potential than previously assessed by central government agencies. The reassessed RE potential is adequate to support a low-carbon pathway to meet the state's growing electricity demand. While an increased commitment to RE projects is already visible in the state, there are limitations to growth that need to be addressed through policy tightening and institutional capacity building. The research reports titled «Assam Renewable Energy Potential Reassessment: Focus on Solar, Wind, and Biomass,» «Enabling Renewable Energy Growth in Assam,» and «Impact of ISTS Waiver on Economics of Solar Power Procurement in Assam» were released in Guwahati during a multi-stakeholder dialogue organized by iFOREST.
29.03 / 09:39
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10 people killed after SUV falls into gorge in J-K's Ramban
Jammu-Srinagar National Highway and fell into a gorge in Ramban district on Friday, officials said. The vehicle, a Tavera, was on its way to Jammu from Srinagar and it fell into a 300 feet gorge at the Battery Cheshma area of the district around 1.15 am, they said. Ten people have died, the officials said. Police and State Disaster Response Force (SDRF) personnel are at the spot. The bodies of 10 passengers have been recovered amid heavy rains, the officials said.
29.03 / 08:33
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Personal loans: What is loan amortisation and how does it work? MintGenie explains
personal loans, it entails steadily reducing the loan balance with each monthly installment until the loan is completely repaid by the end of its term. Here’s an overview of how it operates for personal loans: Put plainly, amortisation enables you to steadily chip away at the loan, addressing the interest along with the principal amount throughout the loan duration. This systematic method facilitates consistent budgeting and guarantees full repayment of the loan by the term’s conclusion.
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