RAI Financial News

19.09 / 10:11
markets Digital Election Experts RAI Pro-incumbency in Haryana, BJP will return to power with full majority: Kiran Choudhry
pro-incumbency" sentiment in Haryana with voters realising the BJP has transformed their lives over the last 10 years, says senior leader Kiran Choudhry who switched to the saffron party following a three decade association with the Congress in June this year. Choudhry is also confident her daughter Shruti Choudhry, a former MP who moved to the BJP with her, will win the «battle of the cousins» from the family stronghold Tosham against Congress' Anirudh Chaudhry in the October 5 elections for the 90-member Haryana assembly. Kiran Choudhry, 69, is the daughter-in-law of former Haryana chief minister Bansi Lal and wife of former state minister, the late Surender Singh. While Kiran Choudhry was nominated as party candidate for the Rajya Sabha bypolls from Haryana which she won unopposed, her daughter was given a ticket from Tosham.
19.09 / 10:11
markets Reuters Aware Pool RAI reports HDFC Bank to close Rs 9000 crore loan sale this month: Report
HDFC Bank hopes to complete a planned sale of loans worth more than Rs 90 billion ($1.08 billion) — its largest to date — by the end of September, three sources aware of the matter said on Thursday. The sources requested anonymity as they are not authorised to speak to media. HDFC Bank did not immediately reply to a Reuters query.
19.09 / 08:49
markets Citi Waves Digital Experts RAI Wave group to dilute land bank in Ghaziabad’s township
Wave group is diluting part of its land bank in Wave City in Ghaziabad and has sold land to at least half a dozen builder in order to improve cash flow. It is also in talks with more developers to sell land. The combined areas these real estate developers will develop will be around 12 million square feet in the next few years.
19.09 / 08:49
markets President RAI hospital patient prevention Colleges ED summons TMC MLA Sudipta Roy for questioning in RG Kar Hospital money laundering case
Enforcement Directorate has summoned TMC MLA Sudipta Roy for questioning in a money laundering case linked to alleged financial irregularities in the Kolkata-based R G Kar Hospital and Medical College, official sources said Thursday. Roy is the president of the West Bengal Medical Council and also holds charge of the R G Kar Patient's Welfare Committee. He has been questioned by the CBI in this case as it is also probing the alleged irregularities. The premises of the MLA from Serampore apart from that of some others, was searched hy the ED on Tuesday. Roy has been asked to appear at the ED office in Kolkata on Thursday for questioning in the case, the sources said.
19.09 / 08:17
markets Digital Food Experts RAI Atishi's new team: Mukesh Ahlawat to be new face in Delhi cabinet; check other names in Council of Ministers
Aam Aadmi Party leader Atishi set to be sworn-in as Delhi's new Chief Minister on September 21, a cabinet rejig has also been announced by the party on Thursday. The Arvind Kejriwal-led party has named Mukesh Ahlawat, MLA from Sultan Pur Majra, as part of the new cabinet. Meanwhile, Ministers Gopal Rai, Kailash Gehlot, Saurabh Bharadwaj, Imran Hussain who currently handle Environment, Finance, Health and Food respectively, have been retained in the new cabinet.
19.09 / 08:17
markets Digital Experts RAI Justice Courts Giving anticipatory bail in NDPS Act case 'very serious' issue, unheard of: SC
anticipatory bail in a case registered under the Narcotic Drugs and Psychotropic Substances (NDPS) Act is a «very serious» issue and «unheard of», the Supreme Court said on Thursday. A bench headed by Justice B R Gavai and also comprising Justices Aravind Kumar and K V Viswanathan was hearing a plea filed by an accused seeking regular bail in a case lodged for alleged offences under provisions of the NDPS Act in West Bengal. The bench directed the West Bengal government to consider whether the state proposes to file an application seeking cancellation of anticipatory bail granted to four accused in a case. It issued notice to the state of West Bengal on the accused's bail plea and posted it for hearing after four weeks.
19.09 / 08:17
markets economy Election community RAI country India advanced from 10th place in 2014 to become 5th largest economy in 2019: Puri
Hardeep Singh Puri lauded India's economic growth under Prime Minister Narendra Modi, saying the country has advanced from the 10th largest economy in 2014 to the 5th largest by 2019, surpassing the UK. Speaking at a community reception, organized by Consul General of India in Houston, D C Manjunath, at India House here, Puri emphasized Houston's pivotal role in the global energy sector, particularly in green hydrogen and aerospace. Expressing his thoughts about deepening US-India collaboration in the clean energy sector, Puri praised India's refining capacity and initiatives in biofuel blending, aiming to boost refining capacity to 300 million metric tons per annum. He termed the US-India Strategic Clean Energy Partnership as a cornerstone of future collaboration between the two countries.
19.09 / 04:09
markets Citi Provident Digital Platform security RAI Macrotech Developers buys out Ivanhoé Cambridge’s stake in 3 joint entities
Realty developer Lodha, listed as Macrotech Developers, has bought out the stake held by a company of Ivanhoé Cambridge in its three different joint entities for a consideration of Rs 239.56 crore. In line with the company’s objective of gradually growing its annuity income, the developer has executed securities purchase agreements with Ivanhoe Warehousing India Inc. for acquisition of its interest in the Digital Infrastructure Platform entities. These entities include Bellissimo Digital Infrastructure Development Management, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1, subject to fulfilment of certain closing conditions, the developer said in a regulatory filing.
19.09 / 04:09
markets Booking Remark wellness RPG RAI social Here’s why billionaire Harsh Goenka wants you to save Rs 600 daily
Harsh Goenka has come under fire for suggesting that Rs 600 is a reasonable amount of money to save on a daily basis. The Chairman of RPG Group, who often shares tips and insights on life, business, and money-making on his X handle, penned a post on the importance of cultivating good habits. “Saving Rs 600 per day = Rs 2,19,000 per year. Reading 20 pages per day = 30 books per year. Walking 10,000 steps per day = 70 marathons per year..Never underestimate the power of small habits,” read his tweet. While some netizens appreciated the message, some were far from amused.
19.09 / 04:09
markets Citi Provident Merit Sustainability RAI Department DND flyover operator Noida Toll Bridge Company gets massive ₹21,000 crore tax relief
Noida Toll Bridge Company Limited (NTBCL), the Income Tax Appellate Tribunal (ITAT) has quashed a massive tax demand of approximately ₹21,000 crore. The listed entity, part of the IL&FS Group, operates the Delhi-Noida-Delhi (DND) flyover, a critical infrastructure link between the two cities. The tax demand, spanning nine financial years from 2006 to 2015, included ₹10,893 crore in alleged unpaid taxes and the same amount in penalties. The Income Tax department had accused NTBCL of concealing income and failure to submit accurate income details. The Income Tax department issued an assessment order on December 31, 2008, followed by reassessment proceedings. These proceedings sought to disallow amortization of interest on zero-coupon bonds issued by NTBCL and taxed designated returns as income. Additionally, the department classified land provided by NOIDA/DDA on lease as a subsidy and disallowed depreciation on the DND Toll Bridge.
18.09 / 19:57
markets Citi Covenant RAI Synopsys show Features Agatha All Along: Release date, time, plot, episode schedule, where to watch, cast and characters
Agatha All Along, the new series on Disney+, will premiere its first two episodes on September 18 at 9:00 p.m. EST. The show follows a weekly release schedule with a double feature for its finale.
18.09 / 19:57
markets security economy RAI show performer Advance tax collection for H1 swells 22.6% to Rs 4.36 lakh crore
tax collections rose 22.61% to ₹4.36 lakh crore in the first half of the current financial year (April- September 15), signalling a strong corporate performance and robust economy, official data released on Wednesday showed. This includes advance corporate tax of ₹3,31 lakh crore and advance personal tax of ₹1,04 lakh crore. The advanced tax collections in the corresponding period last year stood at ₹3.55 lakh crore. The total advance tax collections for the first quarter (April 1 to June 15) was ₹1.48 lakh crore.
18.09 / 19:57
markets Digital Experts RAI Schools Sakamoto Days Chapter 183: See release date, global timings and spoilers
Sakamoto Days Chapter 183 promises to build on the events of the previous installment. This chapter will be available on September 22, 2024.
18.09 / 19:57
markets Platform Healthcare RAI stage hospital Aster DM Health, Quality CARE inching closer to a merger deal
hospital chain Aster DM Healthcare and Hyderabad-based Quality CARE India is in its final stages of negotiations, and the deal is expected to be signed by the end of this month, investment banking sources told ET. The likely swap ratio in the new merged entity is expected to be 55% for Aster DM and 45% for Quality CARE. The merger will proceed through a share swap via a scheme of amalgamation approved by the National Company Law Tribunal (NCLT) but without triggering an open offer, said the bankers.
18.09 / 17:15
markets Provident Career Death RAI social EY issues statement on employee's death amidst social media outrage
On 26-year-old Anna Sebastian's death, EY claimed that the company was ' deeply saddened', and extended its condolences to the family of the deceased. «We are deeply saddened by Anna Sebastian's tragic and untimely passing in July 2024, and our deepest condolences go to the bereaved family,» EY said in a statement on September 18.
18.09 / 17:15
markets economy Election Instagram President RAI rights US elections: Harris bests Trump by 23 points in latest poll? Is it all over for the ex-President?
US Presidential debate, where Kamala Harris has been claimed to get the better of him, according to latest polls.
18.09 / 14:40
markets Digital security RAI hospital Department Agitating medics reach Bengal secretariat to hold meeting with govt to end RG Kar impasse
RG Kar issue. Escorted by a pilot police vehicle, the delegation of around 30 medics reached the secretariat around 7.15 pm. They will hold a meeting with Chief Secretary Manoj Pant. «We want the issue of safety and security in hospitals to be addressed. The chief minister had announced the formation of a task force, but there is no proper clarity on it. We want the state government to accept our legitimate demands,» an agitating doctor said before leaving for the meeting venue.
18.09 / 13:49
markets COST UPS RAI rights Cabinet approves development of Next Generation Launch Vehicle: All you need to know about India's next leap into space
Union Cabinet, led by Prime Minister Narendra Modi, on Wednesday approved the development of the Next Generation Launch Vehicle (NGLV). This approval marks a pivot towards the government's vision of establishing the Bharatiya Antariksh Station and enabling Indian crewed lunar missions by 2040, the government said in a press release. PM Modi hailed the decision as a significant leap, and called it a step in the right direction for India's space ambitions.
18.09 / 13:49
markets Healthcare RAI cover exclusive inclusion Debunking myths: The truth about critical illness insurance
This fixed-benefit healthcare policy or plan covers specific ailments and pays a lump sum amount to the policyholder. The policyholder can use the payout to pay for his/her medical expenses and non-medical expenditures, such as children’s fees, day-to-day living expenses, etc. So, does a critical illness cover offer coverage for all forms of cancer? Will the person receive the payout as soon as you make a claim? Here are some common misconceptions about critical illness insurance and some clarifying facts..
18.09 / 13:03
markets Citi Digital Apple RAI Department Inter Miami vs Atlanta United live streaming: Prediction, kick off time, how to watch Lionel Messi's MLS game
Lionel Messi's Inter Miami will play Atlanta United in mid-week major league soccer (MLS) match. Inter Miami is leading the MLS chart with 62 points from 28 games. Atlanta United has 31 points from 28 matches. The kick off between Messi's Inter Miami and Atlanta United is scheduled at 7.30 pm (ET) on Wednesday, September 18. MLS game between Inter Miami and Atlanta United can be live streamed on Apple TV via MLS Season Pass. Inter Miami is likely to win the game against Atlanta United.
18.09 / 12:39
markets Digital Remark awards RAI mountaineering Army initiates measures to boost rescue and survival operations in mountainous terrains
Indian Army on Wednesday sealed a pact with a premier organisation as part of efforts to boost its rescue and survival operations in mountainous terrains. The Memorandum of Understanding (MoU) was inked with Tiranga Mountain Rescue (TMR) at the Centre for Land Warfare Studies (CLAWS) in the presence of Army Chief General Upendra Dwivedi. «This understanding marks a pivotal step in advancing the Indian Army's rescue and survival operations in mountainous terrains,» an official readout said. «The MoU stipulates that TMR will collaborate with the Indian Army in conducting customised training programmes for Army instructors, aimed at improving their ability to mentor troops in avalanche rescue and survival skills,» it said.

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