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Before indulging in the festivities and joy of the upcoming year, it would be highly beneficial to assess the magnitude of any lingering debt from the current year.

Contributions to the National Pension System (NPS) by investors can be made through a Quick Response (QR) code based on D-remit, as reported by Business Today. Subscribers can utilise any UPI-enabled app to contribute by scanning their QR codes. These personalised QR codes, specific to tier I and II accounts, can be saved offline for convenient future transactions, said the report.

virtual meeting with his Chinese counterpart on Thursday, the Pentagon said, in the first such conversation in over a year amid hopes by U.S. officials that it could lead to a broader restoration of ties between the two militaries. The video teleconference followed an agreement between U.S. President Joe Biden and Chinese President Xi Jinping last month to resume military-to-military ties severed by Beijing after then-House of Representatives Speaker Nancy Pelosi visited self-ruled Taiwan in August 2022. U.S.

Indian Venture and Alternate Capital Association, or IVCA, is reportedly in discussions with central government officials to help ease the wide-ranging curbs the banking regulator imposed earlier this week on Alternative Investment Funds (AIFs), potentially choking institutional fund flows to a high-risk and hitherto lightly regulated investment vehicle experts believe could be misused to evergreen doubtful corporate loans. SIDBI, which loans funds to small industries, and various AIFs are simultaneously seeking clarity or relief amid the sudden changes in AIF investments ordered by the Reserve Bank of India (RBI). «The industry association had a meeting with senior government officials and expects some relief or clarity within the next 30 days,» said a source at the grouping that represents the interests of private equity and venture funds.

government’s policies to promote domestic manufacturing and create an ecosystem for indigenous defence procurement as well as green energy have helped energise shares of public sector undertakings (PSUs). A rush to own PSU stocks that have reported earnings growth above the benchmark index growth has resulted in their rerating. The share of government-owned companies in India’s total market capitalisation rose to nearly 10% in November from a low of 5% in 2020.

drones bore down on the city of Kyiv early on Friday, with Mayor Vitali Klitschko and other officials reporting strikes on widely separated residential districts. It was the sixth drone attack on the capital this month. Two people were injured. Klitschko, writing on the Telegram messaging app, said a drone had hit a block of flats in the Solomyanskyi district, south of the city centre, triggering a fire on the upper floors that was quickly brought under control. Emergency services, also writing on Telegram, said several apartments were damaged on the 24th, 25th and 26th storeys of the building.

Top news stories of 2023

Byju’s founder Byju Raveendran to ensure full transparency about company financials and the latest state of affairs at the edtech firm at its annual general meeting, according to people present at the meeting. Investors made it clear that full clarity on what is going on in the company needed to be communicated to the shareholders and only with this transparency, trust could be built for them to support the firm in any manner going forward, according to an investor.

UPI AutoPay. UPI AutoPay is the recurring payment mandate run by the National Payments Corporation of India (NPCI) on the UPI payment mode. Consumers usually use the feature to pay for their entertainment, newspaper subscriptions and other small-value recurring payments.

New York City Mayor Rudy Giulion Thursday filed for bankruptcy in New York's southern district court, CNN reported. This comes just days after a jury ordered him to pay nearly USD 150 million to two former Georgia election workers for defamation.

AMFI)'s small-cap stock classification formula is likely to face challenges in the upcoming semi-annual reclassification, especially given the significant uptick in stock prices and the listing of new companies. The market capitalisation of stocks in the small-cap category, as per the existing formula, surpasses $3 billion (₹25,000 crore), deviating from the global average range of $300 million to $2 billion, said a report by ICICI Securities. «As the economy expands along with more new listings in the large- and mid-cap space, the 251st ranked stock's market cap (upper threshold for small-caps) will continue to expand and may not conform to global standards,» said a note by ICICI Securities. «Globally, small-caps are classified as stocks within the market cap range of $300 million to $2 billion irrespective of their market cap rank.» The broking firm suggests that the current methodology of the rank-based approach may need to transition to a fixed interval method based on judgment at some point in time. At present, certain stocks featured in AMFI's small-cap lists, such as Mazagon Dock, Suzlon Energy, Lloyds Metals, SJVN, and Kalyan Jewellers, among others, exhibit a market capitalisation ranging from ₹24,500 to ₹41,800 crore.

Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023.

The time-honoured 60/40 asset allocation debate is alive and kicking as we head for the turn of the year.

A former Wells Fargo Advisor broker in Salt Lake City was barred from the securities industry yesterday for not turning over information and documents that the Financial Industry Regulatory Authority Inc. wanted in its investigation of the broker, Louis Goff.

Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to people familiar with the situation.

The Canadian government will approve Royal Bank of Canada’s landmark deal to acquire HSBC Holdings Plc’s Canadian operations.

Here’s what to know about the issue, and what to do if it happens to you.

America’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel

The Supreme Court will hear arguments in February on whether the Environmental Protection Agency can continue enforcing its anti-air-pollution “good neighbor” rule in 10 states

Holiday travel is expected to hit its peak right around now

The NHL and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 11 teams on Bally Sports through the end of this season