Reports Financial News
29.02 / 12:23
security
Dreams
Myanmar
country
reports
International
fencing
Mizoram leaders say no to border fence, want Free Movement Regime with Myanmar to stay — Here's why
entire India-Myanmar border would be fenced. On February 8, Shah said that the Centre decided to scrap the India-Myanmar Free Movement Regime to maintain the country's internal security and demographic structure of the northeastern states. ALSO READ: What comes under India's Free Movement Regime with Myanmar and why was it scrapped? Top points Before this, in January, Mizoram Chief Minister Lalduhoma maintained that he was opposed to the Free Movement Regime and fencing of the border.
29.02 / 12:13
29.02 / 12:13
markets
COST
UPS
CIBC
country
reports
CIBC first-quarter profit beats estimates on robust Canada banking
(Reuters) -Canadian Imperial Bank of Commerce exceeded estimates for first-quarter profit on Thursday, driven by gains in its domestic personal and business banking unit that offset a blow from higher provisions it set aside for potential bad debts.
29.02 / 12:13
29.02 / 12:13
29.02 / 12:11
ETF
Election
crypto regulation
Bitcoin
reports
South Korea’s Ruling Party Delays Proposal to Ease Crypto Restrictions
South Korea’s ruling People Power Party has indefinitely postponed its plans to ease crypto regulations, including the lifting of the ban on local spot Bitcoin (BTC) exchange-traded funds (ETFs).
29.02 / 12:09
markets
reports
FCA rules out 'significant intervention' on wholesale data market
In its report, the regulator said it would not intervene due to the «potential unintended consequences» on the availability and quality of data, as the market is «relied upon by investors worldwide». The study, which examined credit ratings data, benchmarks and market data vendor services, found firms can access the data they need, and the data is sufficient to meet their needs. However, the FCA argued the market could benefit from greater competition, noting it currently «does not work well» with users paying higher prices for data than they would if competition worked «more effectiv...
29.02 / 11:54
markets
COST
Booking
President
show
reports
Kotak Mahindra Bank aims to grow gold loan book faster than the industry
Kotak Mahindra Bank’s senior officials on Thursday said that it aims to grow its gold loan book faster than the industry. Speaking to the media, Manish Kothari, president and head of commercial banking, indicated that there is significant scope for them to expand their gold loan book in India since the market is currently dominated by an unorganised sector, which is charging usurious rates to lower-income groups. Shripad Jadhav, president of retail agriculture and gold loans, said there is a scope for the bank to expand the gold loan book since the Reserve Bank of India's rule does not require banks to assign any capital on these loans. Besides, the maximum permissible loan to value is 75% of the value of the gold, and since the gold prices have risen, the credit cost is negligible.
29.02 / 11:53
UPS
Provident
Manufacturing
electronic
reports
testing
Cabinet gives nod to Tata Electronics’ proposal for semiconductor chip fabrication unit
Tata Electronics’ proposal to set up a semiconductor chip fabrication unit in India, making it the country’s first pure-play foundry. The Rs 91,000-crore project will be set up in Gujarat’s Dholera district in partnership with Taiwanese Powerchip Semiconductor Manufacturing Corp (PSMC), Union communications and IT minister Ashwini Vaishnaw said in a press briefing on Thursday.
29.02 / 11:37
markets
UPS
FIVE
Compilation
CIBC
reports
CIBC profit beats expectations
TORONTO — CIBC reported a first-quarter profit of $1.73 billion as its revenue rose five per cent compared with a year earlier.
29.02 / 11:37
COST
Progressive
security
Apple
reports
Courts
Relationships
What's going on at The One, Toronto's troubled $2-billion mega-tower?
The 85-storey tower at one of Toronto’s busiest intersections was launched in 2015 with an original budget of $1.3 billion and a scheduled completion date of Dec. 31, 2022. The One was envisioned as a multifaceted development encompassing 416 condominiums, a 175-room Hyatt hotel operating under the boutique Andaz brand, an array of retail shops and a diverse selection of restaurants. Topping it off, the flagship retail tenant was going to be an Apple store.
29.02 / 10:25
Citi
Provident
FIVE
WhatsApp
reports
Courts
Abdul Karim Tunda acquitted in 1993 serial blasts case
Ajmer Thursday acquitted Abdul Karim Tunda in the 1993 serial blasts case, observing the prosecution could not provide enough evidence to prove the charges. Two other accused — Irfan and Hamiduddin — have been sentenced to life imprisonment by the Terrorist and Disruptive Activities (Prevention) Act (TADA) court. The 81-year-old Tunda, a close aide of wanted terrorist Dawood Ibrahim, was accused of carrying out blasts in five trains in different cities in December 1993 to mark the first anniversary of the Babri Masjid demolition. Two people were killed and several injured in the blasts.
29.02 / 10:25
Provident
Research
students
show
reports
volunteers
orienteering
The “eyes” have it: IISc study finds eye movements & attention are closely linked
attention and eye movements are linked, while unveiling how the brain coordinates the two processes. Attention is a unique phenomenon that allows us to focus on a specific object in our visual world, and ignore distractions. When we pay attention to an object, we tend to gaze towards it. Therefore, scientists have long suspected that attention is tightly coupled to rapid eye movements, called saccades. In fact, even before our eyes move towards an object, our attention focuses on it, allowing us to perceive it more clearly – a well-known phenomenon called pre-saccadic attention, IISc said in a press release. However, in a new study published in PLOS Biology, the researchers at CNS show that this perceptual advantage is lost when the object changes suddenly, a split second before our gaze falls upon it, making it harder for us to process what changed.
29.02 / 10:25
UPS
Sustainability
Highways
country
reports
International
Govt has built 95000 km of national highways in last 10 years: Road secretary Anurag Jain
ministry has built around 92,000 km of national highways in nine-and-a-half years and this will go up to 95,000 km by the end of March 2024, road transport and highways secretary Anurag Jain. Speaking at the two-day conference of road infrastructure, organised by the International Road Federation, Jain said the focus going forward will be on building more high-speed access controlled highways. “We are focusing on high speed corridors with a vision for the next 30 years,” he said, adding these are being built for the next fifty years keeping in mind prospective congestion and increasing population needs. “This will help avoid construction of bye passes and redoing of roads again and again,” he said.
29.02 / 10:25
markets
Action
security
country
reports
Department
Investigations
US says to investigate national security data risks from Chinese vehicles
national security risks and could impose restrictions due to concerns about «connected» car technology. The U.S. Commerce Department probe is because Chinese assembled smart vehicles could collect sensitive data about U.S. citizens and infrastructure and send the data to China, the White House said.
29.02 / 10:21
COST
UPS
Manufacturing
reports
International
Better product mix, volume boost to shape Jindal Steel's earnings
₹31,000 crore capex plan, set to wrap up by FY27, with funding mainly from internal accruals. The company will utilize 75% of the capexfor capacity expansion at Angul (Odisha), 10% is slotted for ACPP-II, 5% for coal mines and 10% for new projects. The capacity expansion at Angul plant will enhance JSPL’s crude steel capacity by over 65% to 15.9 million tonne (MT).
29.02 / 10:21
security
Cycling
consequences
reports
Chart Beat: Passenger vehicle sales to rise in February
Passenger vehicle (PV) registrations in February grew year-on-year but dropped sequentially, according to Vahan data. Nomura Financial Advisory and Securities (India) estimates that retail sales hit approximately 330,000 units in February, marking an 8% year-on-year increase.
29.02 / 10:21
Citi
Provident
Sustainability
PwC
Metro
reports
Videos
From ‘checking discounts to YouTube reviews', here's how Indians shop online
Online retailers must minimize wares being returned According to Somick Goswami, Partner, and Business Transformation Leader, PwC India, the next phase of growth in e-commerce will be driven by consumers from tier 2, 3, and 4 cities because “online shopping provides a gateway for more brand choices as compared to physical stores". Flipkart to start same-day delivery in several Indian cities soon The PwC also pointed out that online shoppers largely rely on YouTube while buying a product because of the platfrom's content that comprises unboxing videos, usage experience, etc.
29.02 / 10:09
BLOCK
Mobile
exclusive
reports
Equality
rights
NOT
Not received PM Kisan 16th installment? 10 reasons why this could happen
PM Kisan beneficiaries through DBT to the recipient's bank account. How to check your name in the beneficiary list in PM KISAN Step 1: Visit PM Kisan official website — https://pmkisan.gov.in/ Step 2: Click on the 'Beneficiary list' tab in the right corner of the page
29.02 / 10:09
WhatsApp
show
reports
India's 2023 urea imports fall 21% on year amid jump in domestic production: S&P Global Commodity Insights
urea imports in 2023 declined 21.3% year-on-year to 7.41 million tonnes on account of higher domestic production, according to S&P Global Commodity Insights. The country’s domestic urea production increased 13.4% on the year to 31.11 million tonnes in 2023 from 27.43 million tonnes in 2022. Currently, India operates four fertilizer plants and the government aims to establish a fifth one named Talcher Fertilisers Ltd, which is expected to become operational in September 2024, having a production capacity of 3.85 million tonnes per year of urea, further contributing to the country’s self-sufficiency in fertilizer production, the report said.
29.02 / 10:09
Career
Actor
Diversity
hospital
reports
Department
Schools
K Shivaram, famous bureaucrat turned Kannada actor, dies at 70
K Shivaram, a multifaceted individual known for his roles in bureaucracy, acting, and politics, breathed his last at a Bengaluru hospital on Thursday. He was 70 years old. Born on April 6, 1953, in Urugahalli village, Ramanagar district, Shivaram led a diverse life, leaving an indelible mark in various fields. K Shivaram: from bureaucracy to acting Shivaram, born to drama master Kempaiah and Chikkaboramma, ventured into different domains throughout his life. Despite facing challenges, he excelled in bureaucracy and made notable contributions to the world of acting. Notably, he holds the distinction of being the first person to clear the UPSC exam in Kannada, a significant achievement reflecting his dedication and prowess. K Shivaram: A Career Spanning Achievements
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