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global concern surrounding environmental issues and clean energy pose certain threats to Indian companies planning to invest abroad, consultancy major EY said in a report. While deeper insights are needed in areas like Carbon Border Adjustment Mechanism (CBAM), transfer pricing regime, permanent establishment rules, it said that higher investment limits for strategic PSUs investing overseas and investment by family offices are expected to spur overseas investments. India’s outward foreign investment increased to $22.88 billion in FY23 from $1 billion in FY02. On CBAM, it said: “Effective October 2023, it will be an additional cost for importers of specific emission-intensive product categories into the EU and means new compliance and reporting obligations. Companies therefore need to proactively address CBAM-related challenges for exporting ‘covered products’ to their overseas subsidiaries by understanding the requirements, assessing the potential impact on their operations and by developing a compliance plan”.

Gangetic West Bengal and Tamil Nadu, with similar severe conditions noted in isolated regions of Odisha, Rayalaseema, interior Karnataka, and Telangana. Heat wave conditions have persisted in Odisha since the 15th of April, Gangetic West Bengal since the 17th, and Rayalaseema since the 24th of April, 2024, according to IMD. Heat wave conditions are expected to abate over east India starting today and over southern Peninsular India from tomorrow onwards. Additionally, there is a forecast for a new heat wave spell to affect Western India, encompassing Gujarat, Rajasthan, and western Madhya Pradesh, over the next five days.

₹1 lakh and not leave Mumbai without prior permission from the trial court. "The applicant (Goyal) shall be released on interim bail for a period of two months. He shall abide by all conditions imposed," the bench said.

Under the Bridge, based on the disappearance of Reena Virk, is all set to release on OTT. In 1997, Virk - a 14-year-old Indian girl in Canada - disappeared after attending a party, only found to be murdered. The murder that took place in British Columbia in the late 90s made widespread headlines.

Baramati, the home turf of Maharashtra's powerful Pawars, goes to polls on May 7 (Tuesday) during Phase 3 of the Lok Sabha elections. The constituency, the traditional bastion of the Pawar family, has been among the headlines this time owing to a fierce turf war being played out between two family factions. The see-saw family feud has intrigued and captivated voters, but has also left many of them confused and baffled. The battle for Pawar legacy in Baramati took an interesting turn when Ajit Pawar decided to field his wife Sunetra against his sister Supriya Sule. Baramati Lok Sabha seat: Candidates This is a direct fight between NCP's Sunetra Pawar, the wife of Ajit Pawar, and NCP (SCP) candidate Supriya Sule, the daughter of Sharad Pawar.

FMCG major Marico on Monday reported a 5% year-on-year (YoY) jump in its March quarter consolidated net profit at Rs 320 crore. The profit stood at Rs 305 crore in the corresponding period of the previous financial year. On a sequential basis, it was down 17% as against Rs 386 crore posted by the company in Q3FY24.

Congress failing to field a strong candidate in the Gandhinagar Lok Sabha constituency, the BJP is eyeing a record winning margin of more than 10 lakh votes for its sitting MP and Union Home Minister Amit Shah. In the past, this predominantly urban constituency has been represented by BJP stalwarts L K Advani and Atal Bihari Vajpayee. While the seat has been a pocket borough of the BJP since 1989, it did witness interesting contests when the Congress chose high-profile candidates like T N Seshan and Rajesh Khanna. This time, the Congress has fielded its former Gujarat women's wing chairperson Sonal Patel against Shah, who had won by more than 5.5 lakh votes in the 2019 polls. Local BJP leaders said the party aims to raise this margin of victory to more than 10 lakh votes. In 2019, BJP's C R Paatil defeated his Congress rival by more than 6.9 lakh votes from Navsari in Gujarat. It was the highest margin of victory in the country in the 2019 elections.

Diamonds (LGDs) exports are expected to witness a revival in FY25, with exports expected to grow by 7-9% to reach a value of~US$1500-1530 million, according to CareEdge Advisory. LGD exports have been declining in recent time, and have seen around 16.5% decline y-o-y for FY24. While the sales volume of LGDs have been growing, the declining prices have impacted the exports. Nevertheless, the depreciating rupee is likely to act as a cushion for the industry, believes CareEdge Advisory. Going forward the demand for LGD exports are expected to revive in FY25, as demand for naturally mined diamonds may remain sluggish. This is attributed to its price point, environmental sustainability, and intensified competition from India against other leading LGD-producing nations.

Mumbai-Pune commuters will have to wait a bit longer for smoother travel as the completion of the crucial cable-stayed bridge, a pivotal part of the Rs 6,695 crore missing link project, faces delays. Despite initial projections for a July deadline this year, the bridge's construction may extend until March of the following year, delaying the anticipated reduction in travel time by half an hour, a Mumbai Mirror report stated. Challenges and Delays: Anil Kumar Gaikwad, the Managing Director of MSRDC, elucidated the complexities hindering the project's timeline. Factors such as the formidable task of erecting four 182-meter-tall pylons amidst the valley's relentless winds and precarious visibility conditions have contributed to the delay. Moreover, the exigencies imposed by the ongoing COVID-19 pandemic, coupled with the logistical hurdles of deploying skilled workers to lofty heights, have compounded the construction challenges. Anticipated Impact on Travel: The completion of the missing link project holds significant promise for streamlining travel between Mumbai and Pune, offering a respite from the arduous journey through the ghat section. With 85% of the Expressway's current traffic expected to migrate to the new route upon its inauguration, commuters can anticipate a smoother and more time-efficient journey. The project aims to bypass the treacherous Khandala ghat section, thereby trimming the distance between the two bustling cities by over 6 kilometers and slashing travel time by nearly 30 minutes.

China's third aircraft carrier, Fujian, embarked on its maiden trials last week, marking a significant moment in China's naval expansion efforts aimed at challenging the US's global presence. Named after the Fujian province, the carrier is the largest and most advanced Chinese aircraft carrier ever built. Testing Reliability and Stability The Fujian carrier set sail from Shanghai's Jiangnan Shipyard, with the trials primarily focused on testing the reliability and stability of its propulsion and electrical systems, as reported by state news agency Xinhua.

Shares of Avenue Supermarts traded lackluster after a 22% year-on-year (YoY) jump in its March quarter net profit failed to impress Dalal Street investors. Post its quarterly earnings, JPMorgan upgraded the stock and raised its price target price. Domestic brokerage Motilal Oswal and Prabhudas Lilladher maintained their buy ratings while Nuvama and Kotak Institutional Equities retained their 'Hold' and 'Sell' stance.

PTI reported. The man was identified as Mazhar Iqbal, 30, a resident of Dhanore Jaralan village. Also Read | TN 12th Result 2024 Live Updates: Results out at tnresults.nic.in.

₹60,000 per 10 grams to ₹71,132 per 10 grams. On April 12, they touched a record high of ₹73,958. This unprecedented surge in gold prices indicates heightened global uncertainty, driven by factors such as trade tensions, financial conflicts among global major powers, record-high interest rates in advanced economies, and ongoing wars, particularly in the Middle East.

«Actually, the intrinsic opportunity for the jewellery business of Titan is very-very strong. And I think post the election, there will be a certain stable demand as well,» says CK Venkataraman, MD, Titan Company. If I put the numbers in perspective for our viewers and looking at what brokerages have said, brokerages are of the view that for Titan it is an okay quarter, it is not like a grand quarter. Perhaps, they were expecting a bit more. They are of the view that gold prices and competition has increased which in a sense was the problem point for Titan for the quarter gone by and could linger along for next couple of quarters. Is that true? Actually, we have certainly been investing a fair amount in growth. Growth has been our focus mantra for a while. And yes, the kind of sales growth that the quarters saw and what was announced also a few weeks back, the margin growth, I guess was not in line with that expectation.

The stock quoted a 52-week high of Rs 1076.35 and a 52-week low of 604.0. About 92,561 shares changed hands on the counter so far.

low voter turnout in the first two phases of 2024 general elections a «myth», an economist at the country's largest lender SBI has said comparing the absolute number of votes cast is a better way to analyse the turnout. Soumya Kanti Ghosh, the group chief economic adviser at SBI, said there has been 0.4 per cent increase in the absolute number of votes cast in the first two phases. «The unending debates propagated around supposedly low voter turnout in the first two phases of the General Elections 2024 is a myth. A better measure of votes cast is the absolute number of voters,» he said in a report. The Election Commission has been working to increase the voting percentage in the remaining phases of the polls.

The Philippines’ securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024.

₹8,370.65, up 1.08% on the BSE. Questions also linger regarding the execution of a deal announced by Linde last year with Indian Oil to supply hydrogen, nitrogen, and compressed dry air to its Panipat facility. Although the deal was announced by parent Linde plc, there has been no confirmation from Linde India on its involvement in the project.

NMDC, the country's largest iron ore producer, continued their upward trajectory for the third consecutive trading day on Monday, surging by 1% to reach a 14-year peak of ₹271.70 per share. The last time the stock reached this level was in 2010. NMDC's shares have been on an upward trend since June 2023, closing nine out of ten subsequent months in positive territory and accumulating a gain of 143%.

PTI. Reports have stated that this is the fifth death since the past three days. 1.

Gifted money does not impact your CIBIL score in a direct way. But it can, and does, affect the score positively in the following scenarios: you invest the gifted money into a scheme and improve your financial situation, use the gift received in cash to retire a debt, or use the same to give the down payment for buying an asset such as property or car.