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HCL Tech Ltd board has recommended an interim dividend payout of Rs 12/share. The dividend payout was considered and recommended along with the earnings for the December quarter. The company has fixed January 20 as the record date to determine eligible shareholders for the dividend payout. The country’s third-largest IT service provider on Friday reported a good set of numbers as the consolidated net profit rose 13.5% sequentially to Rs 4,350 crore.

BEIJING (Reuters) — China's housing ministry and financial regulator asked local governments to better coordinate with financial institutions to provide financing support to real estate projects, as policymakers work to revive the sluggish housing market.

Mexico, and Brazil. Appreciating the development, Roland Landers, CEO of All India Gaming Federation (AIGF), said, “This decision will help with responsible innovation and provide a bouquet of choices to the Indian consumer.

With India expected to have one of the youngest populations across major economies in the world till at least 2030, it is important to secure the financial and social security of the country’s youth in order to capitalise on this demographic dividend. Towards this end, it is critical that they develop the requisite financial skills that can nurture good financial practices and begin their wealth creation journey as soon as they gain formal employment. 

On this day, devotees worship the Sun God, Lord Vishnu, and Goddess Lakshmi. It is a time of offering prayers and expressing gratitude. In India, Makar Sankranti is considered the date when the sun starts moving north, symbolizing the beginning of the propitious Uttarayan period.

Trade Policy Forum (TPF) meet in New Delhi starting January 12. US Trade Representative Katherine Tai is on a three-day visit to India for this meeting. Tai and Commerce and Industry Minister Piyush Goyal will co-chair the meeting. On India's agenda are a number of key issues that include a social security pact, US audit of Indian pharma players, etc. Other issues to be raised by India are: a) delay in visa; b) increasing exports of table grapes, pharma goods, and marine products such as wild caught fish and shrimp; c) reinstating the Generalized System of Preferences (GSP) status to India; d) export control regulations for high-tech products and technologies; more access for Indian mangoes to the American market, etc. The two prime issues that will dominate the discussions this time are the social security pact and USFDA drug inspections in India, news agency PTI reported. Social security pact The Social security pact is also called a totalisation agreement.

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Shaktikanta Das: At the moment, the Indian banking sector remains resilient and robust, even if you look at the unsecured consumer loans and some segments of personal loans. The numbers that we have before us are not particularly alarming.

Edtech platform Simplilearn on Friday announced new appointments in its senior management, with Mark Moran rejoining the company as chief marketing officer, and Veerasundar V assuming the post of chief financial officer, in a bid to scale up operations. Moran, a marketing veteran, served as the CMO at Simplilearn from 2015 to 2022. Veerasundar has a background in financial management, leading fundraises, overseeing IPO listings and providing exit to private equity firms, among other responsibilities.

NPS are available under both new and old income tax regimes. If you are wondering how to avail of tax deductions for your NPS investment, read here.

Wipro announced its September-December quarter results for fiscal 2023-24 (Q3FY24) today, reporting a consolidated net profit of ₹2,694 crore, a mere 1% QoQ jump, while showing a 12% decline on a year-on-year (YoY) basis. The revenues of Wipro came in at ₹22,205 crore in Q3, indicating a 4.4% decrease compared to the revenue of ₹23,229 crore reported in the corresponding period last year. Sequentially, revenue also saw a 1.4% drop.

₹8 lakh (ex-showroom). The Kia Sonet has been a notable player in the Indian market since its initial introduction in 2020, competing fiercely in the sub-compact SUV segment.

The Council of Europe, on December 29, adopted a set of guidelines aimed at the responsible implementation of artificial intelligence (AI) systems in journalistic practices. This move marks a significant step in ensuring that the evolving field of AI in journalism aligns with the principles of human rights, democracy, and the rule of law.

Prosecutors in the United States have made the decision not to proceed with a second trial against Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX, which has since gone bankrupt. The FTX drama has reached a turning point with this judgment, which comes after the company was found guilty of stealing from clients a month ago. Bankman-Fried was found guilty on all seven counts of fraud and conspiracy on November 2 by a jury. The charges were on the theft of $8 billion from FTX customers. As a result of this conviction, the former billionaire, whose personal wealth had earlier reached a staggering $26 billion, experienced a huge economic setback.

There was a big security compromise that occurred on the on-chain trading platform known as Thunder Terminal. An exploit resulted in illegal access to 114 of the more over 14,000 wallets that were connected to its network. The total amount of losses reached 86.5 Ether and 439 Solana, which is roughly comparable to $240,000. According to reports, the assault, which was carried out in only nine minutes, was caused by a third-party service that Thunder Terminal used that had been hacked.

DoMyEssay features a flexible and reasonable pricing system. The service doesn’t offer fixed rates for its help. Instead, the cost of every order is calculated individually, based on the assignment type, number of pages, deadline, and a few other factors.

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Simplilearn has appointed Veerasundar V as its chief financial officer, the edtech firm said in a statement on Friday. Veerasundar has experience in maximising enterprise value through strategic financial management and supporting business transformation. He has previously played crucial roles in supporting industry-leading growth, implementing business processes, managing fundraises, overseeing public listings, providing exit to private equity firms and collaborating with external consultants for business transformation. In his previous stints, he has worked at CSS Corp, Quest Global and Intel. «Veerasundar's extensive financial expertise aligns seamlessly with our commitment and support to continued expansion.

By Clare Jim

Houthi military positions in Yemen Thursday night in a massive “direct response” to escalating attacks on vessels in the Red Sea, U.S. President Joe Biden confirmed.The move marks a dramatic escalation of a simmering regional conflict in the Middle East sparked by Hamas’ deadly attack on Israel last October and Israel’s responsive offensive on Gaza.Canada joined Australia, Bahrain and the Netherlands in providing support for the strikes, but the extent of that support was not immediately clear.“These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation in one of the world’s most critical commercial routes,” Biden said in a statement provided by the White House.“I will not hesitate to direct further measures to protect our people and the free flow of international commerce as necessary.”The strikes targeted Houthi-connected facilities storing the rebel group’s combat drones and ballistic and anti-ship missiles, as well as air defence systems and logistical hubs in Yemen, U.S.