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24.11 / 07:57

Experts consequences information reports Investing in foreign stocks? Here’s what you should disclose to Income Tax Dept to remain out of trouble

Question: What disclosure requirements are required to be made by Indian investors at the time of furnishing of tax return where investments are made in foreign stocks? And, what are the relevant consequences if such disclosure requirements are not fulfilled?

24.11 / 07:57

Virus country outbreak reports infection pneumonia China says no ‘novel pathogens’ behind respiratory outbreaks in children after WHO seeks data

China has responded to the queries around the mysterious flu that is affecting children. After the WHO raised a concern and sought data, Beijing has replied saying that the outbreaks are not related to any ‘unknown viruses’. Contrary to concerns raised by local media and global surveillance systems like ProMed, Beijing says that it has not identified any “unusual or novel pathogens” linked to these cases in the northern part of the country, reported BBC.

24.11 / 07:43

Progressive Platform show cover Inside reports Uttarkashi tunnel collapse: NDRF shows how 41 stranded workers will be rescued | Watch video

NDRF on Friday demonstrated the movement of wheeled stretchers within the pipeline to facilitate the rescue of 41 trapped workers in the Silkyara Tunnel, with plans to deploy the stretchers once the horizontal pipe reaches the opposite side. As reported by ANI, the 25-ton platform supporting the Heavy American Auger machine, crucial for drilling through debris, has undergone reinforcement using a concrete accelerating agent for quick concrete hardening.

24.11 / 07:43

Booking awards film Banner Actor love reports Animal Advance Booking: Ranbir Kapoor's film all set to earn ₹50 crore on opening day

‘Animal’ started on Sunday, November 26, in India. The film is expected to earn ₹50 crore on its opening day, according to industry tracker Sacnilk reports. Only 3,200 tickets have been sold for 206 locations during the film's early reservations in the US.

24.11 / 07:43

Target FIVE Manufacturing AGRO performer country reports share price PI Industries share price gains more than 1%:analysts see up to 22% upside

PI Industries' share price gained more than 1% on Friday adding to its gains of around 15% that the stock has seen since October lows. While concerns around most chemical manufacturers stay elevated pertaining to inventory destocking, demand slowdown in developed countries, rise in China Exports, PI Industries with patented molecules and niche product range remains better placed compared to peers feel analysts. The Q2 performance held testimony as the financial performance of PI Industries remained strong amidst favorable demand momentum while many peers saw pressure on the performance.

24.11 / 07:43

IPO Provident Target Digital Booking band reports services Financial Fedbank Financial Services IPO: Fully booked on last day of bidding

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, has achieved full subscription on the last day of bidding (November 24). At 12:30 PM, the issue had garnered bids for 7,33,03,453 shares against the available 5,59,23,660 shares, resulting in a subscription rate of 1.31 times. The retail segment displayed notable interest, with a subscription rate reaching 1.51 times.

24.11 / 07:43

CEO President information reports What measures should consumers take in light of RBI's order on unsecured loans?

Reserve Bank of India (RBI) has recently increased the risk weights on unsecured consumer loans like credit cards by 25 percent for both banks and Non-Banking Financial Companies (NBFCs). Unsecured loans are those that are not backed by any collateral, such as personal loans or credit card debt. The RBI's order requires the lenders to put in place additional security measures to protect consumers from fraud and identity theft.

24.11 / 06:57

Provident Airlines reports Atletico Madrid Sues Singapore’s Crypto Exchange Over Unpaid $44 Million Sponsorship

Atletico Madrid, the renowned Spanish football club, is suing Singapore-based crypto exchange WhaleFin, following the unexpected termination of its $44 million shirt sponsorship deal.

24.11 / 06:35

Provident FIVE Digital CEO WhatsApp performer reports analyst Axis Bank analyst meet: To focus on strong digi-retail banking; analysts bullish on stock amid reasonable valuations

Axis Bank analyst day: Brokerages have maintained a "buy" rating on Axis Bank's stock following its analyst day, and they estimate a 13% to 23% upside for the stock. According to reports, providing comprehensive digital journeys and improving customer experiences were the main priorities of Axis Bank.

24.11 / 06:35

Bitcoin track reports travelers NOT Indian Airport Threatened With Bomb Blast if $1M Bitcoin Not Paid in 48 Hours

Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) in India received a bomb threat on Thursday, with an anonymous sender demanding $1 million in Bitcoin (BTC) within 48 hours.

24.11 / 06:35

Target Booking Experts performer reports recommendations stake LIC trims stake in Engineers India by 2%, now holds 3%

Life Insurance Corporation of India (LIC) has trimmed its stake in Engineers India, a leading global engineering consultancy and EPC company, by about 2% through open market. The insurance behemoth disclosed in a regulatory filing on November 23 that it sold 1.14 crore shares of Engineers India during the period from February 02, 2021, to November 22, 2023, at an average price of ₹118.08 apiece. As a result of this transaction, LIC's overall stake in Engineers India has come down to 3.122% from the previous 5.155%.

24.11 / 06:28

economy Boeing performer reports BoE's Pill says bank must hold firm in battle against inflation -FT

(Reuters) -Bank of England Chief Economist Huw Pill said it had to hold firm in its battle against inflation and it cannot afford to ease off tight monetary policy, the Financial Times reported on Friday.

24.11 / 05:59

Provident Death Experts cover Inside reports evacuation Uttarkashi tunnel collapse: 'Chor-police, yoga', stranded workers struggle to alleviate stress

Rescue teams intend to offer board games and playing cards to the 41 workers stuck inside the Silkyara tunnel for 12 days, as the ongoing evacuation efforts face numerous setbacks and delays. As reported by PTI, Dr Rohit Gondwal, one of the psychiatrists at the rescue site, said, “We are planning to provide ludo and chess boards and playing cards to help them (trapped labourers) relieve stress.

24.11 / 05:30

Digital Action Strategy Software performer innovations reports services L&T Technology Services lays off 200 employees in mid-to-senior roles: Report

Times of India, the engineering services company sacked its staff partly because of the actions initiated as part of the performance cycle and to reduce overlapping of the roles. The layoffs have mainly happened in delivery and support functions due to the integration of automation in many functions.

24.11 / 05:30

Target FIVE BLOCK WhatsApp performer reports recommendations share price Paytm share price falls over 4% on block deal buzz

₹880.00 apiece on the BSE. According to media reports, a large block deal took place in the shares of One 97 Communications, the parent company of fintech major Paytm. Around 1.6 crore Paytm shares, or 2.56% of the equity, changed hands in the trade, reports said.

24.11 / 04:57

Experts show reports Tube Investments shares up 1.42% as Nifty falls

Tube Investments of India Ltd. rose 1.42 per cent to Rs 3469.35 in Friday's trade. It hit an intraday high of Rs 3505.0 and low of Rs 3386.65, respectively, during the day.

24.11 / 04:57

BLOCK Platform WhatsApp Experts reports recommendations Paytm shares plunge 5% on likely block deal

Paytm, fell over 5% to the day's low of Rs 877.15 on the NSE on Friday following reports of a block deal. The price correction was amid high volumes with over 1.78 crore shares changing hands at around 9:45 am. The block deal saw shares worth Rs 1,441 crore changing hands, CNBC-TV18 reported. The multibagger stock has given 104% returns over the last 12 months and significantly outperformed Nifty50 with nearly 8% returns during this period.

24.11 / 04:57

Assurant Enterprise Experts reports index Stock market update: Nifty Realty index advances 0.1% in a weak market

Phoenix Mills Ltd.(up 2.07 per cent) and Macrotech Developers Ltd.(up 0.24 per cent) were among the top gainers. Prestige Estates Projects Ltd.(down 1.49 per cent), Indiabulls Real Estate Ltd.(down 1.0 per cent), Brigade Enterprises Ltd.(down 0.91 per cent), Godrej Properties Ltd.(down 0.21 per cent) and Sobha Ltd.(down 0.21 per cent) were the top losers on the index.

24.11 / 04:17

Entertainment Enterprise WhatsApp Experts reports recommendations F&O Ban: Balrampur Chini, ZEEL among 9 stocks under trade ban on Friday

Hindustan Copper, The India Cements, Manappuram Finance, the Multi Commodity Index of India (MCX), Indiabulls Housing Finance, RBL Bank and Zee Entertainment Enterprises (ZEEL). BHEL and Indiabulls Housing Finance have moved out of the ban. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

24.11 / 03:31

Provident Reuters economy show country reports week Oil prices inch higher amid OPEC jitters, set for first positive week in 5

Investing.com-- Oil prices rose slightly in Asian trade on Friday as traders remained on edge over a delay in an OPEC+ meeting, although expectations of more supply cuts by the cartel put prices on course to break a four-week losing streak.

24.11 / 03:03

pandemic SARS-CoV-2 country hospital reports infection pneumonia China's pneumonia scare: Transparency please

China, where covid broke out in November 2019, is in the spotlight again. The World Health Organization (WHO) has asked the country for details on an increase in respiratory illnesses and reported clusters of pneumonia in children. Its northern parts have had a hospitalization surge, as Chinese health officials disclosed on 13 November.

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