Reports Financial News

HR manager under sections of Information Technology Act and the Indian Penal Code," reported the Times of India (TOI). According to the TOI report, the woman works as house help and lives with her younger brother and grandmother. She was the nominee of her father's PF account as her parents were divorced and would receive the PF amount after she turned 18.

₹80 lkah to Air India Limited for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew. "DGCA has imposed a financial penalty of Rs. 80,00,000 (Rupees eighty lakhs) to Air India Limited for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew," PTI quoted DGCA as saying.

Hindustan Times. The bench also directed the Yogi Adityanath-led State government to accommodate students studying in Madarsas in other schools. The Lucknow bench comprised Justice Vivek Chaudhary and Justice Subhash Vidyarthi.

credit score? Apart from the standard tricks of paying bills on time and clearing your outstanding credit card payments, there are some specific strategies that you can follow on the advice of the credit score repair services. These credit repair companies, usually work by offering to improve your credit score by identifying and addressing errors or inaccuracies on your credit report. Here is how they generally operate: Initial consultation: When you engage with a credit repair service, they will typically start with an initial consultation.

ICRA said in a recent report. The report added that the sustenance of domestic leisure and business travel, and demand from meetings, incentives, conferences, and exhibitions (MICE) are likely to drive demand in FY25 despite a lull during the Lok Sabha elections. As things stand, India remains the world’s fastest-growing major economy.

CIBIL score (or credit score) requires consistent effort and responsible financial behaviour over time. For instance, Ajay Gupta, a Bengaluru-based software engineer in his early 30s, learnt that his Cibil score is 620, and now wants to improve it. He realised that this partly happened because he maxed out his credit card and most of his credit comes from credit card.

Investing.com — FedEx surprised with strong earnings growth, while Nike warned of a revenue dip, resulting in differing stock performances. Apple faces a antitrust lawsuit, yet Wall Street looks set to end the week with strong gains. 

Investing.com — U.S. futures edged higher Friday, ending the week on a positive note after the Federal Reserve reaffirmed its plans to cut interest rates this year, potentially as soon as June.

Tesla (NASDAQ:TSLA) has reportedly scaled back its electric vehicle (EV) production in China as it faces slower growth in the sales of new-energy vehicles and increased competition in the world's largest car market.

Elvish Yadav, a YouTuber and winner of Bigg Boss OTT 2, has been granted bail by the court, according to his lawyer Prashant Rathi.«The court has approved his bail on two sureties of Rs 50,000 each,» his lawyer told ANI. Denying the allegations against Yadav, Rathi assured that once the formalities are completed, Yadav will be released from jail. The arrest of Elvish Yadav occurred on Sunday by the Noida Police in connection with a case related to the Wildlife Protection Act. Subsequently, he was presented before a local court. Yadav was among six individuals named in a police report filed on November 3 last year at Sector 49 police station. While the other five were arrested earlier, they are currently out on bail. The case pertains to violations of wildlife protection laws and allegations of criminal conspiracy. The investigation was later transferred from Sector 49 to Sector 20 police station, where Yadav was arrested by the Sector 20 police team. Yadav has denied any involvement in the case.

NEW DELHI : Robust investment activity and strong private consumption demand will drive the Indian economy in FY25 amid sluggish global growth, the finance ministry on Friday said in its economic review for February. However, challenges such as the impact of the ongoing crisis in the Red Sea and rising crude oil prices loom over the outlook. "Sustained increases in shipping costs due to disruption can drive up inflation.

Enforcement Directorate (ED) conducted searches at the residence of West Bengal minister Chandranath Sinha in Bolpur in Birbhum district on Friday in connection with its investigation into the alleged school recruitment scam, officials said. Accompanied by a huge contingent of central forces, the ED team reached the residence of Sinha, who holds the MSME and Textiles portfolios, in the morning and began the search, they said. «The search is in connection with the investigation of the alleged irregularities in the school recruitment scam. The minister is not present at his residence, we are talking to his family,» an officer said. Sinha was at his ancestral house in Murarai, around 90 km away, at that time.

Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further complicating the trade that has flourished since the invasion of Ukraine two years ago. Private and state-run processors including the biggest — Indian Oil Corp. — have stopped taking cargoes if they’re on Sovcomflot tankers, said people familiar with the matter. Refiners are scrutinizing the ownership of each ship to make sure they’re not affiliated with the company, or other sanctioned groups, they added, asking not to be named because the information is private. The broader pushback follows a similar move by India’s biggest private refiner, Reliance Industries Ltd., reported earlier this week. The heightened scrutiny on the tanker giant appears to have also swept up other oil ships carrying Russian oil, with two vessels waiting several weeks off the South Asian coast without any indication of when they will unload.

THSC) said it has launched its 'highly anticipated' report on the Demand And Skill Gap. The study estimated that 5.7 million youth could be trained to meet an expected incremental labour demand of 3 million workers between 2025-2028. However, challenges such as low wages and long working hours deterred youth from continuing in the industry. The Skill Gap Report was officially unveiled by Atul Kumar, secretary, Ministry of Skill Development and Entrepreneurship, in the presence of dignitaries representing the National Skill Development Corporation and Industry.

domestic household savings in order to finance private sector's capital formation in the economy, the Finance Ministry said in the February edition of its Monthly Economic Review. «The narrowing merchandise trade deficit and rising net services receipts are expected to result in an improvement in the current account balance in the ongoing financial year,» the report said. However, the current account deficit will bear watching in FY25, it cautioned. The ministry has a positive outlook when it comes to retail inflation in the country.

Sunil Jakhar on Friday said a party delegation will approach the Election Commission and seek an ED probe into the state's excise policy, which he claimed was tailored in lines with the one in Delhi. «For the (Delhi) excise policy which Kejriwal had to see this day, the same model has been replicated by their government in Punjab,» Jakhar told reporters here. Kejriwal, AAP national convener and Delhi Chief Minister, was arrested by the Enforcement Directorate (ED) on Thursday night in an excise policy-linked money laundering case in Delhi, triggering massive protests by party workers in the national capital and a few states. Jakhar said a high-powered delegation of BJP will go and meet authorities of the Election Commission on Saturday to demand a ED probe.

Consumers showed more confidence in personal financial situations over the next year and the previous year, as well as the general economic situation over the next year compared to February. The future personal financial situation measure was at +2, up from 0 in January and February. The report noted that this was the first positive and highest score since December 2021. Consumer confidence dips for first time in three months Jon Staton, client strategy director at GfK, said the improved personal financial measure is «encouraging» and welcome news considering the «fiscal drag» face...

Crompton Greaves Consumer Electricals Ltd. traded 0.12 per cent up at Rs 269.3 at around 01:50PM (IST) on Friday. The stock had closed at Rs 269.65 in the previous session. Equity benchmark Sensex traded 154.94 points higher at 72796.13 around the same time.

finance ministry is not in favour of any major regulatory intervention in the stock market, and believes that over-regulation could lead to nervousness among participants, ETNow news channel reported, quoting sources. The news comes in the backdrop of the recent measures taken by the Securities and Exchange Board of India (SebI) to check on the building froth in the small and midcap stocks.

MphasiS Ltd. traded 2.14 per cent up at Rs 2386.45 at around 02:00PM (IST) on Friday. The stock had closed at Rs 2438.65 in the previous session. Equity benchmark Sensex traded 117.08 points higher at 72758.27 around the same time.

(Reuters) — Bank of England Governor Andrew Bailey said expectations of interest rate cuts this year were not «unreasonable» and he struck an optimistic tone about the UK economy, the Financial Times reported on Friday.