Reports Financial News
25.05 / 07:41
COST
Action
Bill
Celebrity
reports
Department
Courts
PM Narendra Modi's stay in Mysuru hotel: ₹80.6 lakh unpaid for over a year; Radisson Blu Plaza may go to court: Report
Narendra Modi stayed in April 2023, Radisson Blu Plaza in Mysuru, is considering legal action because his bills of ₹80.6 lakh have not been paid, The Hindu reported. PM Modi was in Mysuru to celebrate the 50th anniversary of Project Tiger, organized by the National Tiger Conservation Authority (NTCA) and the Ministry of Environment, Forest and Climate Change (MoEF).The State Forest Department was told to organise an event from April 9 to 11, costing ₹3 crore with full funding from the Central government.
25.05 / 07:41
markets
Citi
Remark
Metro
Election
Food
reports
Dry days in Bengaluru: Liquor sale banned for 5 days in June; check out
Also Read: EC censures TMC's Humayun Kabir after 'throw BJP supporters in Ganga' remark sparked rowTo ensure the smooth conduct of Karnataka Legislative Council elections in Bengaluru, the administration has prohibited the sale of liquor on voting day. MLC elections polling will be held on June 3, and counting votes will be held on June 6.Due to MLC voting, liquor sale will be prohibited in the region from 4 pm on June 1 to June 3rd, reported Asianet.
25.05 / 07:41
Waves
Target
Progressive
pandemic
Refugees
reports
COVID-19 effect: Global healthy life expectancy drops back to 2012 level, says WHO
COVID-19 pandemic has erased almost ten years of advancements in enhancing life expectancy in just two years.In an official statement, WHO said, “From 2019 to 2021, the global life expectancy declined by 1.8 years to reach 71.4 years, returning to the level seen in 2012. Similarly, the global healthy life expectancy decreased by 1.5 years to 61.9 years in 2021, also reverting to the level observed in 2012."Also Read: India sees 324 cases of KP.1, KP.2 variant driving Covid-19 in Singapore, Maharashtra tops with 148The 2024 report also underscored the unequal impact felt across the globe.
25.05 / 05:15
UPS
Provident
Trade
War
stage
country
reports
Why reforming the WTO dispute settlement mechanism is imperative
WTO at Abu Dhabi renewed the commitment to have a full and well-functioning dispute settlement mechanism (DSM) by 2024, it is yet to be seen if this happens as proposed. A rules-based multilateral trading system like the WTO can work effectively only when there is a robust mechanism in place to resolve disputes that arise among member nations. The DSM has been a key pillar of WTO as it provides a legal framework for resolving trade disputes that arise between member nations of the WTO, thereby lending certainty and predictability to the trading system.
25.05 / 04:53
25.05 / 04:37
Enterprise
WhatsApp
reports
GQG Partners' investments in Adani stocks surge 172% to $11.6 billion
GQG Partners' investment in Adani group stocks over the last year has surged nearly 172%, with half of the group stocks erasing all losses incurred since the US-based short-seller Hindenburg's adverse report on the group. The US-headquartered boutique investment firm invested ₹38,500 crore ($4.6 billion) in six Adani group stocks between March and October last year. As of Friday, the value of this investment stood at ₹96,431 crore ($11.62 billion).
25.05 / 04:37
Action
security
Porsche
show
reports
Department
Investigations
Porsche crash case: Grandfather of teenager arrested for 'wrongful confinement' of family driver
grandfather of the 17-year-old teenager who crashed his Porsche car into a motorbike killing two persons has been arrested for 'wrongful confinement' of the family driver, said an official on Saturday.
25.05 / 04:37
markets
Racing
Election
Research
President
reports
inflation data
Wall St Week Ahead-Inflation data, presidential debate could sink summer rally
stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed the S&P 500 near record highs in recent months. The S&P 500 is up nearly 12% this year on strong earnings and signs inflation may be falling enough for the Federal Reserve to cut benchmark interest rates, but that rally is unlikely to continue in the months ahead, investors said.
25.05 / 04:37
markets
UPS
DOW
Trade
reports
US stocks rebound to close higher but Dow down for the week
stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight week of gains and record closing high. The Commerce Department said new orders for key U.S.-manufactured capital goods
25.05 / 04:05
UPS
Provident
FIVE
reports
Department
prevention
Courts
Dombivli boiler blast: Thane Police to present main accused Malay Pradeep Mehta in court today
Dombivli boiler blast case that claimed 11 lives and injured more than 60 persons on Friday. The cops have also detailed Malaya Mehta's mother, Malti Mehta, from Nashik. Chairman of the Maharashtra Pollution Control Board, Siddhesh Kadam, inspected the site on Friday and said, "There have been a total of 10 casualties here, with 2 people missing, so the rescue operation is ongoing.
25.05 / 04:05
Reuters
security
Yellow
Research
Trade
Experts
reports
Gold price today: Yellow metal sees correction; short and long-term outlook remains positive
₹39 to ₹71,538 per 10 grams in futures trade. With a trading volume of 7,184 lots, gold futures for June delivery on the MCX closed down by ₹39 at ₹71,538 per 10 grams.The decline in the price of precious metals was ascribed by analysts to weak global cues.Also Read: Gold price today: MCX Gold trades lacklustre; why are gold prices falling? Will it remain under pressure in short term?According to a PTI report, gold was trading 0.15 percent higher globally at USD 2,363.20 per ounce in New York.Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, highlighted that fact that the gold has traded weak this week, experiencing a significant selloff from ₹74,350 to ₹71,500, a drop of more than ₹2,800 from weekly highs.
25.05 / 03:59
Provident
Remark
Bitcoin
Anti-money laundering
reports
Courts
UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud
The Southwark Crown Court in London, UK, sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud.
25.05 / 03:57
UPS
Provident
Reuters
reports
Schools
Investigations
NOT
EU data protection board says ChatGPT still not meeting data accuracy standards
OpenAI's efforts to produce less factually false output from its ChatGPT chatbot are not enough to ensure full compliance with European Union data rules, a task force at the EU's privacy watchdog said.
25.05 / 03:57
25.05 / 02:59
Reuters
Digital
Trade
country
reports
rights
Interviews
Yellen says India and China hindering 'Pillar 1' tax deal
U.S. Treasury Secretary Janet Yellen said on Friday she is trying to save a part of the global corporate tax deal focused on highly profitable multinational firms, but India is refusing to engage on issues important to U.S. interests.
25.05 / 02:05
Citi
security
stage
Inside
reports
Videos
Zelenskiy says Ukrainian forces now control area where Russia pushed into Kharkiv region
Zelenskiy said on Friday that Ukrainian forces had secured "combat control" of areas where Russian troops staged an incursion this month in northern parts of Kharkiv region.
25.05 / 00:59
COST
Mobile
Qualcomm
reports
Department
recommendations
Videos
D2M tech pioneer takes on DoT arm
Indian chipmaker, which has developed solutions for direct broadcasting of content on mobile phones, has termed a recent report of the telecom department's technical wing on the tech standards for the service as «rigged, favouring multinationals» and against strategic and national interests. The Telecommunications Engineering Centre (TEC) report has suggested that 3GPP 5G broadcast standards — backed by global chipmakers Qualcomm and Samsung, telecom equipment vendors Nokia and Ericsson as well as Indian telecom operators — have superior ecosystem readiness for direct-to-mobile (D2M) broadcasting compared with the ATSC 3.0 protocols. Bengaluru-based Saankhya Labs has developed chipsets and radios for D2M broadcasting under the ATSC 3.0 protocols and the Indian Institute of Technology-Kanpur has done a trial based on its solutions. The Saankhya model allows users to access live content on mobile phones, akin to TV, without an active mobile data connection. D2M technologies based on 3GPP standards require an active mobile data connection.
25.05 / 00:59
Target
Justice
social
reports
Schools
Equality
inequality
Rejig of riches: Study moots robin hood tax for equality
Thomas Piketty suggests India should impose a wealth tax on the ultra-rich to tackle inequality and create fiscal space for investments in the social sector. The paper, released on Friday, suggests imposing a 2% annual tax on net wealth over ₹10 crore, and a 33% inheritance tax on estates exceeding ₹10 crore in valuation. This could generate revenue amounting to 2.73% of gross domestic product (GDP), it said. According to the paper, Towards Tax Justice & Wealth Redistribution in India: Proposals, based on the latest inequality estimates, 0.04% of the adult population holds more than a quarter of total wealth, and imposing this tax would leave 99.96% unaffected. «Progressive wealth taxation, effective redistribution, and broad-based social sector investments are urgently needed to build an equitable and prosperous India,» said Anmol Somanchi, one of the four authors of the report.
25.05 / 00:59
markets
Digital
Mobile
Apple
country
electronic
reports
NOT
Apple not the only company to grapple with cash payments in India; cash also figures prominently in car sales
Apple faced an unanticipated challenge soon after it opened two company-owned stores in India last April — many customers wanting to pay in cash — prompting the iPhone maker to install currency note counting machines in both the Mumbai and Delhi outlets. With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm's sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US or Europe, according to people with knowledge of the matter. Unsurprisingly then, social question-and-answer website Quora is full of queries from consumers on whether they can pay in cash at Apple stores in India, they said.
25.05 / 00:39
Fighting
Election
reports
Lok Sabha Elections 2024: In 2019, Congress couldn't win any of the 58 seats voting in phase 6 today, BJP won 40
sixth and penultimate phase of Lok Sabha Elections 2024 today, May 25. All 10 seats of Haryana and seven seats of Delhi are voting in this round of polling. Elections to 486 of the 543 Lok Sabha seats will be over by the end of phase 6 polling today.
24.05 / 21:45
Digital
Platform
film
War
cover
reports
Videos
Latest movies set to be available for streaming this week, a complete guide
latest movies coming to streaming platforms for a perfect movie night. Don't worry as we have got you covered with details and updates about the latest movies coming to your streaming platforms including the likes of A24's 'Civil War', 'The Fall Guy' and more.
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