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Sukhu government in Himachal Pradesh faces threat, Congress leader Sachin Pilot on Wednesday expressed hope that the party will resolve the political crisis in the hill state very soon. Pilot also targeted the BJP-led government at the Centre and said it failed in tackling rising inflation and unemployment. «Our party has appointed observers in Himachal Pradesh...they will talk to everyone and hopefully the matter will be resolved very soon,» he told reporters in Sikar. The Congress-led Sukhvinder Singh Sukhu government in Himachal Pradesh is in crisis triggered by Tuesday's cross-voting by six party MLAs in the Rajya Sabha election for the lone seat from the hill state.

commercial credit portfolio of Indian micro small and medium enterprises grew 11% on-year in Jul-Sep, as accelerating economic activity boosted demand for commercial loans, TransUnion Cibil and the Small Industries Development Bank of India said. “Credit exposure stood at Rs 28.2 lakh crores at end of the quarter ending September 2023...supply volumes grew by 20% year-over-year (YoY) in the July-September 2023 quarter, indicating improved lender confidence,” TransUnion Cibil and SIDBI’s analysts said in a report on 80 lakh MSMEs. Commercial loans grew 29% YoY in Jul-Sep, while the total value of new credit for micro small and MSMEs was Rs. 2.43 lakh crores with small enterprises having the largest share of 42%.

mining and mineral sector. Besides these, Annual Capacity Building Plan for Geological Survey of India (GSI) will be released during the event. First round of critical mineral bids was called in November 2023. This was made possible after an amendment to the Mines and Minerals (Development and Regulation) Act earlier this fiscal. The centre also notified 24 minerals as being Critical and Strategic for the country, demand for which are usually met by imports. Critical minerals cater to the needs of sectors like renewable energy, defence, agriculture, pharmaceutical, high-tech electronics, telecommunications, transport, and creation of gigafactories among others. The amendment allowed the centre to grant mineral concession and prioritise auction of these resources. The revenue generated from these auctions shall accrue to the State Governments. Subsequently, royalty rates of critical minerals were rationalized to encourage more participation in auctions.

Jake Paul's boxing match against Ryan Bourland is scheduled on March 2. However, the YouTuber-boxer has revealed that he was injured. With this the fate of the upcoming bout hangs in balance, as per a report in dexerto. Jake Paul is gearing up for his next bout in the ring against Ryan Bourland, aiming to build upon his record following his recent victory over Andre August, which elevated his record to 8-1. Paul has tasted success against Andre August, Tyron Woodley, Nate Diaz, and Anderson Silva, as per the report in dexerto.

Northern Railway zone launched a 15-day long special drive from February 25 to counsel the loco pilots and assistant loco pilots to strictly follow norms regarding stabilising engines after working hours. A written instruction, addressed to chief loco inspectors (CLIs) and lobby in-charge of various stations, detailed the recent incident of driverless running of a freight train for about 75 km between Jammu and Pathankot and said the present counselling drive aims at avoiding recurrence of such incidents in future. It directed the CLIs to train the loco pilots and assistant loco pilots that instead of coming out of the engine and leaving it unmanned, they should hand over or take over the charge inside it.

A new crop of nefarious chatbots with names like “BadGPT" and “FraudGPT" are springing up on the darkest corners of the web, as cybercriminals look to tap the same artificial intelligence behind OpenAI’s ChatGPT. Just as some office workers use ChatGPT to write better emails, hackers are using manipulated versions of AI chatbots to turbocharge their phishing emails.

The gender pay gap for female employees in Canada’s private sector is double that in the public sector, which is doing a better job of narrowing the wage inequalities, according to a report published Wednesday.

ALSO READ: Vikramaditya Singh's resignation deepens Congress crisis in Himachal Pradesh The Punjab leader also called for his party to get rid of those leaders “who prioritise personal gain over the collective good". “The loss is not @DrAMSinghvi Sahb’s but larger….. It is essential to purge the party of those who prioritize personal gain over the collective good, for their actions inflict profound wounds on the party’s very existence…..

Also Read: As India expands its nuclear power capacity, these four companies are at forefront Among the group stocks, Adani Green Energy, the country's largest renewable energy (RE) company and the second-largest solar PV developer in the world, stood out as an outlier as it rallied significantly over the last three-month period. During this period, the shares have grown from ₹1,052 apiece to the current trading price of ₹1,918, resulting in a massive gain of 82%, and they soared 295% in the last one-year period, while over the last five-year period, the shares delivered a staggering return of 5720%. Also Read: Adani Power to Adani Ports: Why Adani group shares are rising today? On February 14, the company announced that 551 MW of solar capacity in Khavda, Gujarat, had become operational and started supplying power to the national grid.

Financial Times claimed to have access to these "secret" military files through "Western sources". It reveals the criteria set by Russia for the use of nuclear weapons. These files "date back 10 years and more [between 2008 and 2014]".

₹20,000 crore through equity or equity-linked instruments, causing VIL’s shares to plunge almost 14% on Wednesday. What gives? One of the company’s promoters will participate in the proposed fundraise and is likely to invest about ₹2,000 crore. This means that 90% of the funding will have to come from external investors, on which there is insufficient clarity at the moment.

Earnings at Bank of Montreal and Bank of Nova Scotia were marred by increasingly cash-strapped consumers and businesses amid a challenging economic landscape.

TORONTO — Royal Bank of Canada reported a first-quarter profit of $3.58 billion, up from $3.13 billion a year earlier, as the money it set aside for bad loans rose.

Jamaica, that launched its JAM-DEX central bank digital currency (CBDC) in 2021, is “determined” in getting through CBDC challenges.

The price of  Bitcoin (BTC)  has crossed the $59,000 mark amid a notable rally within the broader cryptocurrency market.

According to a Bloomberg report, the Stockholm-based company is in talks with investment banks for a US listing in the third quarter of this year. Sources told the outlet the deliberation is ongoing, and the valuation and timing may change. Chrysalis has a 10.9% holding in Klarna, as per its December 2023 factsheet. Chrysalis' last NAV update, as at 31 December 2023, implied a $11bn Klarna valuation, Liberum noted. Peel Hunt upgrades Chrysalis on 'potential catalysts' The news of a potential Klarna listing has lifted the trust's share price, rising as high as 5.2% in mid-morning tr...

iPhone 16 series to arrive, rumours have already started to swirl about the expected changes the Cupertino-based tech giant may make to its iPhone 17 lineup, which will debut next year. According to a recent report from The Elec, Apple could be moving away from its current norm of using low-temperature polycrystalline silicon (LTPS) with the vanilla iPhone and Plus series.

NEW DELHI : The ministry of corporate affairs will look into making changes to rules and regulations issued under the Companies Act and other laws, said a person informed about discussions in the government, in a post-election push on ease of business. The changes will be based on suggestions from the public and self-regulators of accountants and company secretaries, which arre expected by the middle of March. Regulators like the Insolvency and Bankruptcy Board of India (IBBI) and the National Financial Reporting Authority (NFRA) will make the changes in regulations that are needed, the person said.

Also Read: Wipro shares trading at expensive valuation, offer little margin of safety, says Kotak Equities; downgrades to ‘Sell’ The Bank Nifty has closed in the green on all the four occasions (the index was not trading during the year 1999) with an average up-move of around 21%, data compiled by JM Financial showed. It had closed flat in 2004, while the highest return of approximately 46% was observed in 2014. Further, the Bank Nifty has outperformed the Nifty 50 on all the four occasions with an average outperformance of around 11%.

vandalised the residence of Additional Superintendent of Police (ASP), Imphal West and abducted him and his security guard from outside his house in retaliation for an attempt to detain militants in the ethnic violence-hit state, NDTV reported. Later, “the ASP Imphal West and his security guard were rescued from Kwakeithel Konjeng Leikai area and admitted to Raj Medicity for medical treatment. A case has been registered in this regard and an investigation has started," the Manipur Police said in a post on X (formerly known as Twitter).

small cap stocks have run up too much, thus entering the dangerous territory, mutual fund houses and market regulators have started to get circumspect. While some fund houses such as Kotak Mutual Fund have imposed restrictions on lump sum investment in their small cap fund; markets regulator Sebi — at the same time — has introduced stress tests for the fund houses to undertake amid growing concerns about valuations of small cap stocks. The Securities and Exchange Board of India has reportedly asked the mutual fund houses that operate smallcap funds with a large corpus to share data on their holdings in the total free float of smallcap stocks, reported Reuters.