Rights Financial News

«I doubt there will be any major changes, except for the saying that there has been challenges for FD immobilisation, which may need a tinkering, but may not be a drastic change in taxes. But if there are any of those things which you are talking about, then there can be a negative repercussions for the market,» says Pramod Amthe, InCred Capital. What is your take on the markets in run-up to the budget because we have seen most of these counters or sectors actually be abuzz in anticipation of what is likely expected in the budget. What is your view? Pramod Amthe: In terms of budget expectations, clearly what we are looking forward is some amount of relief to come through for the middle class and also looking at the election side relief for rural segment or the rural markets either in the form of looking at some direction for MSP or to that extent relief on exports of agri commodities so that should also give us some hints about sustaining the rural recovery which has seen initial signs of turnaround in the March and June quarter. So, those are the factors which we would look forward to for the budget expectations.

Indian Oil Corp (IOC) received just two bids to build the country’s first green hydrogen plant at its Panipat refinery in Haryana, said two industry executives aware of the development. This is in response to the second tender for the project, the first having been scrapped amid accusations of preferential treatment. One of the two bidders, GH4India, is a joint venture owned equally by IOC, ReNew and engineering major Larsen & Toubro. GH4India was formed in FY23 for development of green hydrogen and its derivatives, including green ammonia and methanol, besides production and associated renewable assets. Repeat of Last Year

Cartoon maker Simpsons is in news yet again. After the attempted assassination of former US President Donald Trump, a cartoon from the show has gone viral. It shows the former president dead and lying in a coffin. The social media was abuzz with many retrieving this image and comparing the incident to the cartoon. Was Simpsons prescient about an impeding event? The former US President was attacked by a gunman who has been identified as Tom Crooks. He shot Trump with a Sniper rifle and was gunned down by the US Secret Service. The image from Simpsons went viral before one of the fact-checking organizations commented on it. What did they say?

OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission and asked the agency to investigate whether the company illegally restricted workers from speaking out about the risks of its artificial intelligence technology

Eutelsat OneWeb and Reliance Jio are believed to have called on communications minister Jyotiraditya Scindia to consider early provisional allocation of satellite spectrum for around six months so that companies that have the requisite permissions can quickly launch broadband-from-space services commercially in India. Companies need a GMPCS (global mobile personal communications by satellite services) license and necessary regulatory approvals from Indian National Space Promotion & Authorisation Centre (IN-SPACe) before launching commercial satcom services in India, a nascent market but with a lot of potential, say experts. The issue came up during a meeting with key industry stakeholders of the satcoms ecosystem that was chaired by Scindia on Monday, two people aware of the matter said.

Gareth Southgate continuing with the team is still persistent. England went down to Spain in a fierce contest in the Euro 2024 finals that has now begun to raise questions on Southgate's tactics not bringing the necessary result of bringing England a long-awaited trophy in the international circuit.

spiritual point of view, football is extremely meaningful, soulful and fruitful. Each sincere seeker should pray to the Supreme to make him His football. When we kick a football, the football is at our mercy. The football is the instrument. We kick right, left, forward and backward, and play with it according to our sweet will. Now, look at this football. It is far better than we are. The football does not quarrel with us; it does not fight us. At times, the football, as an instrument, can fail us; the air can leak out… All kinds of problems can come up. But the main wish of the football is to please the football player. We should consider ourselves to be footballs of the Supreme. The earthly football, the leather football is under compulsion to please its master. The football that we kick is under our control, at our mercy. It has become our instrument, and it is pleasing us, although it may not be pleasing us cheerfully. But we should be conscious footballs always trying to please the Supreme cheerfully so that the Supreme can at any moment kick us, shape us, mould us, form us in His own way.

Donald Trump, having just survived an attempted assassination, enters the Republican National Convention having not yet announced his vice presidential pick — but he said he'd make that choice on Monday. It remains unclear whether the shooting Saturday at his Pennsylvania rally has changed the former president's thinking about his potential second-in-command. He told Fox News Channel host Bret Baier in a call that he planned to make his pick on Monday. After the shooting, Trump's choice carries considerably more gravity. If a bullet had struck just a little bit to the right, Trump likely would have been killed or seriously injured. The close call puts in stark relief the significance of a position that is a heartbeat away from the presidency. Trump has repeatedly claimed that choosing someone who was qualified to take over as commander in chief was his top consideration for the role.

Images of the moment have already been splashed across the world’s front pages and papered many corners of the internet

A newly elected government affords India an opportunity to re-examine and update a fundamental building block for its fast-developing economy: its data and statistical system. A transparent, robust and credible data system is important for any country because it provides critical inputs to policymakers, investors, political parties, researchers and the media to conduct and critically evaluate progress. The more dependable and credible the system is, the greater the efficacy of policy and trust in potential outcomes.

GACM Technologies DVR, and Indowind Energy are the three companies that have fixed July 16 as their record date for the rights issue at Re 1, Re 1, and Rs 22.5 per share, respectively. A rights issue occurs when a company asks its current shareholders to buy additional shares at a discount before a certain date. This gives shareholders the right, but not the obligation, to purchase new shares at a discount to the market price up to a specified future date.

The Calgary Stampede is closing in on its all-time attendance record set more than a decade ago.

The second phase of the civil trial against the National Rifle Association and its top executives is opening in New York

MUMBAI : The controversy over Care Health Insurance Ltd’s award of hefty stock options to its chairperson Rashmi Saluja has taken a turn that may further delay the billionaire Burman family’s bid to take over the company’s parent entity, Religare Enterprises Ltd. In a move that may spark a fresh legal tussle, Care Health has argued against the insurance regulator’s powers over stock options granted to anyone in an Indian insurance company.

invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. Suthaharan M. is targeting a corpus of Rs.1.35 crore in five years. Here’s what the doctor has advised him. PORTFOLIO CHECK-UP

Spain's Euro 2024 final winner against England on Sunday but La Roja's triumph was inspired from start to finish by explosive wingers Nico Williams and Lamine Yamal. The youngsters have been key on their side's run to the final in Berlin and combined to send Spain ahead against England, a moment that felt fitting given their supreme summer. Williams' well-taken strike gave Spain a deserved lead and the duo both came close to extending it before Cole Palmer's equaliser for England.

President Joe Biden warned Sunday of the risks of political violence in the U.S. after Saturday's attempted assassination of former President Donald Trump, saying, «It's time to cool it down.» In a prime-time national address from the Oval Office, Biden said political passions can run high but «we must never descend into violence.» The president acknowledged the passions of an election year, and that he and Republicans offer different policy visions, but implored Americans to «recommit» to resolving their differences peacefully. «There is no place in America for this kind of violence — for any violence. Ever. Period. No exception. We can't allow this violence to be normalized,» Biden said.

Campaigning to be elected US president again, Donald Trump had a narrow escape on Saturday as a bullet apparently aimed at him grazed his right ear, from which oozing blood was captured on camera as security officers formed a ring around him and whisked him to safety. It’s a relief that the attacker, identified as a 20-year-old local after he was killed by officers, missed his mark, although it’s tragic that an onlooker died and two others were grievously injured. That America has far too many guns around has long been obvious.

Raymond Lifestyle (RLL), the demerged entity of the ₹9,286-crore conglomerate Raymond, has appointed some top executives of India Inc as independent directors ahead of a possible listing next month. Vineet Nayar, former chief executive of HCL Technologies, GC Chaturvedi, former chairman of ICICI, Anisha Motwani, board member of Abbott, and Raymond director Dinesh Lal have been appointed as independent directors. The appointments were made earlier this month, people aware of the development told ET.

Tata Group is in favour of continuity at the top management level of Air India (AI) after its merger with Vistara. All the top executives of Air India are likely to hold their positions after the merger, people aware of the matter said. While Campbell Wilson will remain its chief executive, Nipun Aggarwal and Sanjay Sharma are set to retain their roles as chief commercial and transformation officer and chief financial officer, respectively. Vistara CEO Vinod Kannan is likely to return to his parent company, Singapore Airlines (SIA), people aware of the development said. Kannan was on secondment to Vistara since 2019 when he joined the Tata Sons-SIA joint venture as its chief strategy officer. SIA had the right to name the CEO at Vistara, while the Tata Group appointed its finance chief.