RAI Financial News

Delhi government is mulling over formation of a Yamuna task force in collaboration with the Territorial Army to prevent encroachments on flood plains of the river, dumping of debris and waste and other illegal activities. PWD and Water Minister Parvesh Verma said he discussed the issue with the Territorial Army. The specialised task force will be dedicated to protect the Yamuna floodplains, prevent encroachments, stop illegal dumping of debris and waste, and ensuring strict enforcement of environmental regulations, he said. «Under the leadership of Prime Minister Narendra Modi and the double-engine government of the BJP, we are committed to restoring the Yamuna and protecting its floodplains. For years, illegal encroachments and waste dumping have choked the Yamuna,» Verma said.

Amazon now in control of the James Bond franchise, the search for Daniel Craig's replacement is intensifying. Following its $1 billion acquisition of the James Bond franchise, Amazon must make a significant choice. In 2021, Daniel Craig announced that he would be hanging up his tuxedo to pursue other projects after playing James Bond for almost 20 years.

bilateral trade agreements rather than multilateral deals and protect its national interest, especially that of the farmers and small entreprenuers, while negotiating with the US, the Swadeshi Jagran Manch (SJM) said on Monday. The SJM's national council passed a resolution in this regard at its meeting in Chhattisgarh, the RSS affiliate said in a statement. The two-day meeting held in Raipur, which deliberated on a host of issues, including strengthening India's economy amid a changing geopolitical scenario and the Donald Trump administration's policy of reciprocal tariffs, concluded on Monday. «After taking over as US president, Donald Trump has launched a frontal attack on the global free trade system by announcing his intent to impose higher tariffs (on reciprocal basis) on imports from many countries around the world,» the resolution said.

Indian Institute of Technology, Madras (IIT-M) on Monday announced the launch of admissions to undergraduate promgrammes for students excelling in the National and International Olympiads. These are competitive examinations that challenge students in several academic subjects and skills. Termed as ‘Science Olympiad Excellence’ (ScOpE), this admission is outside the JEE (Advanced) Framework and students under this initiative will be admitted from the academic year 2025-2026. ScOpE is similar to the admissions through Sports Excellence Admissions and Fine Arts and Excellence modes. It will have two two supernumerary seats per programme of which one seat will be exclusively for women students..

Avaada Group said that Uttar Pradesh Chief Minister Yogi Adityanath has inaugurated its 1.5 GW solar module manufacturing Gigafactory in Noida. The foundation stone has also been laid for Avaada Electro's ambitious 5 GW integrated solar manufacturing unit at Ecotech, Greater Noida, the company said in a statement. The 1.5 GW PV module manufacturing unit in Dadri is a significant step in Avaada Group's commitment to sustainable innovation. Constructed at an unprecedented pace, the first phase of the gigafactory became operational within just 3.5 months, with all utilities and module production lines fully commissioned, according to the statement.

Pawar, speaking in the state assembly, said that Mumbai's new airport will be proposed near Vadhvan port and Mumbai-Ahmedabad bullet train station will be near this port. Currently, India's financial hub has two airports, Chhatrapati Sivaji Maharaj International Airport (CSMIAL) located in the Mumbai Metropolitan Region (MMR), and the other airport in Navi Mumbai, which is likely to be operational in this year. He said that 85 per cent work of Navi Mumbai International Airport (NMIAL) has been completed and trials are completed, too.

Among the 20 most active VC investors analyzed, several firms, including Z47, Stellaris Venture Partners, and Nexus Venture Partners, reported no women at all within their investment teams. Peak XV Partners topped the list with the highest number of women investors, comprising 13 out of 44. Other firms like Blume Ventures (6 out of 23) and Accel India (5 out of 25) showed relatively better representation, while Lightspeed Ventures (4 out of 16) and Elevation Capital (7 out of 33) reflected the broader industry challenge where women are consistently outnumbered across major firms.

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Citing the rejection, Harivansh did not allow Leader of Opposition Mallikarjun Kharge to make his submission. The opposition MPs then protested for a while before staging a walkout.

Telangana Public Service Commission (TSPC) will announce the TSPSC Group 1 recruitment exam results on Monday. The results of the Hostel Welfare Officer and Extension Officer exams, along with Group 1, Group 2, and Group 3 exams, will be released today. The evaluation of the Group 1 Mains question is done and legal proceedings related to the exam have been resolved. According to the last

K Appala Naidu has pledged financial support for families in his constituency, offering a fixed deposit of Rs 50,000 for every third child born as a girl. According to Naidu, this deposit could grow to Rs 10 lakh by the time she reaches marriageable age. If the third child is a boy, the family will instead receive a cow and a calf. «If the third child is a boy, we will give a cow and a calf. Will make a fixed deposit of Rs 50,000 if the third child is a baby girl. The Indian population has to rise,» Appala Naidu said on Sunday.

real money gaming companies, AIGF, EGF and FIFS, have jointly signed a "code of ethics" which their member companies will adopt for promoting user safety and responsible gaming practices, including KYC verification, spending limit etc, a join statement said on Monday. The members of these gaming industry bodies include Dream11, My11Circle, Khelo Fantasy Live, SG11 Fantasy, WinZO, Games24X7, Junglee Games etc. «The All India Gaming Federation (AIGF), the Federation of Indian Fantasy Sports (FIFS), and the E-Gaming Federation (EGF), today jointly signed a 'Code of Ethics' (CoE) »The CoE is aimed at enforcing consistent standards of user safety across the industry through the implementation of responsible gaming and advertising policies and mandates annual third-party audits and comprehensive reporting mechanisms to ensure accountability and transparency," the statement said.

Zomato have approved the resolution to change the company's name to Eternal Ltd. Eternal will house four businesses: food delivery business Zomato, quick commerce unit Blinkit, going-out vertical District and business-to-business (B2B) grocery supply company Hyperpure. The company is rebranding itself for the second time. It was founded as Foodiebay in 2008 and renamed Zomato in 2010.

This will make Ajit Pawar the Finance Minister to present the highest number of budgets (11) after Sheshrao Wankhede, who presented the budget 13 times. Ajit Pawar will hold the second-highest record with 11 times, followed by Jayant Patil (10 times) and Sushilkumar Shinde (9 times), the press release further mentioned. Notably, this will be the first budget for the newly-formed Mahayuti government and Pawar's 11th Budget as Finance Minister.

mutual funds invest most of their corpus in the large and mid cap stocks. As per the Sebi mandate, these schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid cap stocks. However, this definition does not tell the whole story about the large & mid cap category. Consider this: The 35% mandatory investments in mid cap stocks make them risky. However, they are less risky than pure mid cap schemes that invest around 65% in mid cap stocks. Also, the 35% investments in large cap investments offer them some stability. But they are riskier than pure large cap schemes. Then there is the question of the remaining 30% of the corpus. The fund manager has the option to decide where the money will be invested. If he thinks the large cap space is attractive, he may invest in large cap stocks. If he thinks mid cap and small cap stocks are poised to take off, he may invest in them. As you can see, these investments may increase or decrease the risk in these schemes.

National Center for Seismology (NCS) said. As per the NCS, the earthquake occurred at a depth of 10km, making it susceptible to aftershocks. In a post on X, the NCS said, «EQ of M: 4.0, On: 10/03/2025 07:01:10 IST, Lat: 36.97 N, Long: 73.14 E, Depth: 10 Km, Location: Hindu Kush Region, Afghanistan.» Shallow earthquakes like this one are more dangerous than deeper ones due to their greater energy release closer to the Earth's surface, causing stronger ground shaking and increased damage to structures and casualties, compared to deeper earthquakes, which lose energy as they travel to the surface.

The tariffs, effective from March 20, include a 100% levy on more than $1 billion worth of Canadian rapeseed oil, oil cakes and peas, as well as a 25% duty on $1.6 billion worth of Canadian aquatic products and pork. The levies, which mirror the 100% and 25% tariffs Canada imposed on Chinese-made electric vehicles and steel last year, triggered a rally on the Zhengzhou commodity exchange.

Taiwan's Ministry of National Defence (MND) reported 11 sorties of People's Liberation Army (PLA) aircraft and nine People's Liberation Army Navy (PLAN) vessels until 6 am (local time) on Monday. According to the MND, nine out of 11 sorties crossed the median line and entered Taiwan's northern and southwestern ADIZ. In a post on X, Taiwan's MND stated, «11 sorties of PLA aircraft and 9 PLAN vessels operating around Taiwan were detected up until 6 a.m. (UTC+8) today. 9 out of 11 sorties crossed the median line and entered Taiwan's northern and southwestern ADIZ. We have monitored the situation and responded accordingly.»

Grasim Industries has positively impacted the lives of more than 1.2 million people through its corporate social activities, managing director HK Agarwal said, receiving the ET Conscious Corporate of the Year award. The flagship company of the Aditya Birla Group is aiming to be net-zero on emissions by 2050, with a long-term view as «responsible custodians» of the planet, Agarwal said.

State Bank of India, ICICI Bank and Axis Bank are facing challenges in servicing about 38,000 ATMs, many of which are running out of cash, people in the know said. SBI is the most affected, with nearly 14,000 ATMs becoming unserviceable, people in the know said. While 7,000-8,000 of those are managed by AGS Transact, there remaining are where the company provides cash replenishment services. ICICI Bank, one of the earliest banks to start withdrawing its ATMs from the AGS Transact network after facing service issues, is close to taking control of its ATMs. The private sector bank has moved out a majority of its ATMs to other ATM service providers like CMS Infosystems and Hitachi India. People aware of the issue said the lender had raised poor service issues with the AGS Transact board in December itself.

St. Patrick’s Day event, Clover Craze, starts on March 13, 2025. It will be available in multiplayer, battle royale and Zombies. Players must collect clovers to earn rewards. Season 3 was delayed until April 3, which may extend the event beyond its planned end date of March 20.