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After a roller-coaster ride on the wealth rankings last year, Gautam Adani is back to being Asia’s wealthiest person days after India’s top court said no new probes were needed into Hindenburg Research’s bombshell allegations against the tycoon’s conglomerate.

A major incident has been declared in Nottinghamshire along the banks of the River Trent, where more than 100 homes have been flooded, with the potential for the numbers to rise throughout the day. Neil Clarke, leader of Rushcliffe Council in Nottinghamshire, emphasized on BBC Radio 4's Today program that while water levels on the River Trent were starting to recede slightly, the situation remained grave.

Noida Authority, RITES, the National Highway Authority of India (NHAI), and the irrigation department have concluded an extensive study for a novel expressway along the Yamuna. This expressway aims to serve as a bypass for the existing Noida Expressway, strategizing to accommodate the surge in population attributed to the burgeoning corporate presence and the impending Noida International Airport, scheduled to commence operations this October.

₹15 crore, reported NDTV. According to the report, a complaint has been filed against Mihir Diwakar and Soumya Vishwas in Ranchi court in connection with a 2017 business deal. Earlier in 2017, to open cricket academies across the world in the cricketer's name, Diwakar had reportedly signed a deal with Dhoni.

By Johann M Cherian and Shristi Achar A

The cryptocurrency markets displayed notable activity this week, spearheaded by Bitcoin. Commencing the year on an upward trajectory, Bitcoin initiated a shift to break free from its sideways movement.

snow? Turns out, they may not have to wait much longer.Global News chief meteorologist Anthony Farnell says after seeing the warmest December on record across the country, January will see a change in the pattern.“It’s going to start in the West, that’s where the cold and snow begins, but then I think as the month progresses, we’re going to see widespread cold and snowy conditions across much of the country,” he said.The lack of both has put a damper on many winter activities from coast to coast.In Quebec, despite its southern region being hit by a major snowstorm in early December, rainy and warm weather washed away most of the 30 centimetres that fell. It’s also washed out any plans for outdoor ice rinks in Montreal and other municipalities.Skiers in Manitoba also struggled, with grainy and icy snow making it difficult for cross-country enthusiasts to enjoy the paths.Ski hills have also faced problems, with several reporting fewer than half their tracks open to the public during the recent holiday season.The lack of snow is not necessarily surprising given the presence of El Niño, with Farnell having forecast last month that nearly the entire country would see milder weather through much of December.As for the blast of cold previously forecast to hit around the holidays, well, that has changed slightly, Farnell said, but the cold is still “definitely coming.”“The big question is, does it stay?” he said.

Investing.com -- Stock futures in New York tick lower as investors gear up for the release of the closely-watched U.S. jobs report for December. Economists are projecting that nonfarm payrolls were less than the prior month, although recent data has pointed to resilience in labor demand that could boost the Federal Reserve's bid to engineer a soft landing for the world's largest economy.

NEW DELHI : Marico’s consolidated revenue in the December quarter declined in low single digits on a year-on-year basis, although operating profit saw a low double-digit growth, the company said in a quarterly update. The maker of Parachute oil also said it expects a low single-digit jump in domestic volumes for the December quarter, driven by improved demand for its flagship products, mainly in the cities.

₹15,440 was auctioned by the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Authority (SAFEMA) at ₹2 crore on Friday. Notably, this was the smallest plot of the four properties belonging to his family members. These four properties are located at Mumbke village in Khed tehsil of coastal Ratnagiri district in Maharashtra.

central public sector enterprises (CPSEs) are likely to cross ₹50,000 crore during the current fiscal for the third year in a row. It has already exceeded the Budget Estimate (BE) during the current fiscal year, reported Business Line. However, disinvestment proceeds from CPSEs are likely to remain below the Budget Estimate.

Union Budget 2024-25: Four income tax benefits you could expect from Finance Minister Nirmala Sitharaman. Details here The target will be between 5.2% to 5.4% of gross domestic product for the year starting April 1, according to officials with knowledge of the matter, who asked not to be named as the deliberations are private. A final decision will be taken closer to the budget presentation, due Feb.

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Reserve Bank of India (RBI) has limited retail investors’ investment in primary issuances of non-convertible debentures and commercial papers to a quarter of the total issuance to minimise investors’ losses in case of default on short­-term financial instruments. The latest directions have been issued by RBI’s master direction issued on January 3, 2024. Additionally, issuers of commercial papers (CPs) and non convertible debentures (NCDs) have to disclose information on any default in payments through various channels, including publicly disseminating such information through their website, per RBI’s revised master direction.

India’s tech sector index, which includes Infosys Ltd. and Tata Consultancy Services Ltd., rallied 12% in the three months through December, powered by a global rally in the space after a dovish pivot by the Federal Reserve. India’s tech stocks trade at about a 30% premium to the broader market. Improved sentiment aside, IT earnings remain under pressure. “Although sentiment has improved, it has not yet been reflected in actions,” said Mukul Garg and Pritesh Thakkar, analysts at Motilal Oswal Financial Services. Analysts at Nomura expect the ongoing slowdown to weigh on discretionary tech spending into the 2025 financial year. Firms in the sector are focused on integrating generative AI into their operations and training employees to use the tool effectively. Earnings at Samsung Electronics Co., which is set to benefit from AI chip demand this year, found support from higher shipments of DRAM chips during the quarter. Highlights to look out for:

Bhartiya Nyay Sanhita (BNS), Road Transport Secretary, Anurag Jain said Friday. He also said that award of future highway projects would be as per Vision 2047 to minimise overlaps and better implementation. The country had faced unprecedented disruptions in the beginning of 2024 with truckers refusing to work in protest of Hit and Run provisions in the BNS.

(Reuters) — Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key U.S. employment reports which may influence expectations of Federal Reserve rate cuts.

By Ankika Biswas

Apple (NASDAQ:AAPL) shares are facing their fifth consecutive session of declines, marking a challenging start to 2024.

mutual fund (MF) industry, shows an analysis of the quarterly AUM for the past six years, Business Standard reported. These fund houses had an average AUM of ~38.8 trillion in the third quarter (Q3) of 2023-24, which is 79 per cent of the total industry AUM of ~49.2 trillion. The share has come down steadily since Q3 of 2019-2020, when the share stood at 84 per cent.

Sanjay Singh and ND Gupta, were renominated for the second term in the Upper House of Parliament. The nominations were announced by the AAP's Political Affairs Committee (PAC), chaired by AAP national convener and Delhi Chief Minister Arvind Kejriwal. ALSO READ | Delhi Rape Case: Protesting Swati Maliwal spends night at hospital after cops denied her to meet victim "DCW chairperson Swati Maliwal has been nominated for the first time.