Schools Financial News

Paytm Payments Bank on January 31 impacted One 97 Communication-run Paytm’s UPI payments business in February which registered a 7.6% fall in transactions over the previous month. According to data shared by National Payments Corporation of India (NPCI), Paytm reported around 1.3 billion transactions on UPI, a 7.6% drop from 1.4 billion in January.

registered companies in the northeastern region have so far opted to enrol their employees under the National Pension System (NPS), a senior government official said here on Tuesday. He said, however, it was not clear how many of the registered companies were still active or fell in the category under which firms were liable to extend pension benefits to their workers. Addressing a press conference Guwahati, Pension Fund Regulatory and Development Authority (PFRDA) chairperson Deepak Mohanty said, «A total of 85,000 employees of corporate and private sector firms, including 16,000 in Assam, have enrolled for NPS in the Northeast. The corpus fund under it is Rs 4,300 across the region, of which Rs 1,000 is in Assam.»

OurCrowd said on Tuesday its new artificial intelligence (AI) fund was collaborating with Nvidia to fast track some of its AI startups into the Nvidia Inception programme. Inception helps startups evolve faster through cutting-edge technology, connecting with venture capitalists, and having access to the latest technical resources and tools from Nvidia.

China will formulate plans to develop emerging industries including quantum computing and continue striving to achieve self-sufficiency in technology, a government work report said. It will also step up efforts in big data and artificial intelligence (AI) and intends to launch a number of major science and technology programmes to meet major strategic and industrial development goals, the report shows.

CNBC Make It. Meanwhile, Narayan told CNBC Make It, “I knew [Zum’s original model] was changing the lives of working parents.

Vishal Malkan, Malkansview.com, says: “I will go with the flavour of the week which is PSU banks which are doing well, like Canara Bank, Bank of Baroda. My favourite is PNB which has broken above that resistance of 125; closing above that, would be a good sign and we can look at targets of Rs 135, 140 and 145 in the next few trading sessions. Another stock which is doing well today is AB Capital.” Bank Nifty seems to be coming out of a slumber. There was a bit of a breakout. But today again, the market has tempered a bit. What is your view at the index level right now? Vishal Malkan: I will first go with the Nifty part, which has given a good breakout above that 22,200 in the last few trading sessions, sustaining above that, holding on to those levels. It looks like we can have further upside up to 22,700 odd. But as far as Bank Nifty is concerned, there is a slight kind of resistance which is not working out well, which is around 48,000, which was created in the last fall when there was a gap down, there is a big resistance. Once it crosses 48,000, then only we can look for fresh highs in Bank Nifty. Apart from that, stock specific, there are a lot of ideas where we can have decent returns.

IRCTC) has announced a collaboration with online food delivery platform Swiggy to supply and deliver pre-ordered meals to passengers. The delivery of the pre-ordered meals will be done through IRCTC’s e-catering portal.

Justice Abhijit Gangopadhyay, has declared his decision to step down from his position, preceding his retirement later this year. Renowned for his adjudications on education-related matters, Justice Gangopadhyay revealed to a TV channel his intention to delve into politics. «I am going to resign from the post of a judge in High Court Calcutta. For the last two or more years I have been dealing with some matters, especially education matters, regarding which a huge corruption has been discovered and unearthed. A large number of important persons in the education sector of this government are now languishing in jail, under trial,» he told ANI. «Thereafter, now I am taking labour matters. There are also large scams of employers concerning provident fund gratuity, etc. I have also passed certain orders in those respects. But what I have failed while doing these matters of labour matters, labour legislation, that I have felt that my job in this duty is over. This is the call of my conscience,» Justice Gangopadhyay said.

Standard Chartered Bank, India has appointed Sanjay Gurjar the Co-Head, Client Coverage — Corporate, Commercial and Institutional Banking (CCIB) for India and South Asia, the company said in a statement on Tuesday. Gurjar’s remit will cover Local Corporates & Middle Markets in India, Bangladesh, Sri Lanka & Nepal. Prior to this assignment, Gurjar was the Managing Director & Head, Banks & Broker Dealers (BBD), ASEAN & Head Financial Institutions (FI), Singapore.

195 candidates released last weekend was Rajeev Chandrasekhar, who has been fielded from Thiruvananthapuram, a seat in Kerala considered Congress leader Shashi Tharoor’s stronghold. While Congress has yet to announce its candidate from the constituency, if they choose to field Tharoor again, it will be one of the high-profile contests in the upcoming Lok Sabha elections 2024. Fielding Chandrasekhar is part of BJP’s aim to make inroads in Kerala, where it had failed to win any seats in the 2019 Lok Sabha elections.

Uzbekistan’s capital is all set to host the third Tashkent International Investment Forum (TIIF-III) on May 2-3 that would boost foreign investments in the Heart of Central Asia. Tashkent expects Indian investors to be part of the Forum amid the growing ties. TIIF is one of the significant events not only for Uzbekistan but also for the region. Its program traditionally includes a plenary session at the head of state level, over 50 expert discussion meetings, including panel sessions, round tables, and B2B negotiations.

South Korea’s government is pressing ahead with its vow to suspend the licenses of thousands of junior doctors who ignore its repeated demands to end their collective walkouts

South Korea’s government has begun steps to suspend the medical licenses of thousands of striking junior doctors, days after they missed a government-set deadline to end their joint walkouts, which have disrupted hospital operations

Digant Haria, Co-Founder, GreenEdge Wealth, says once more details of the merger come out, most of the people would like to be in the passenger vehicles part of the demerged business, the one which is doing well and that has a lot of potential. The CV finance division and the CV division, both will be a part of the same entity. That is something which is very, very cyclical and which has given pain to this company in the past as well. So yes, excitement will be there. But the long term story is still with the passenger vehicle part. What is it that you have made of the Tata Motors demerger and what should investors who own Tata Motors shares now look forward to? Digant Haria: The best part about Tata Motors still remains the success in the domestic premium car market. Electric vehicles are still only a story. And China has already taken a big lead in electric vehicles. Even Tesla is struggling. So the story here still is about passenger vehicles and we all know that commercial vehicles (CVs) are deeply cyclical. So once more details of the merger come out, most of the people would like to be in the passenger vehicles part of the demerged business, the one which is doing well and that has a lot of potential.

In the consumption theme, Siddhant Chhabria, Fund Manager at Mirae Asset Investment Manager, says he is overweight consumer discretionary, new-age and building materials. “We are also bullish on real estate upcycle and believe building materials is the best proxy to play the upcycle. New age businesses provide a longer runway for growth and most of these companies are now pivoting towards profitability,” he says. Edited excerpts from a chat: What are your key observations from the Household Consumption Expenditure Survey, especially given there has been a slowdown in the sector? Siddhant Chhabria: As per the Household Consumption Expenditure Survey 2012-23, there are 3 key takeaways:

₹251 crore IPO to open Mar 5 BYD India to unveil Seal EV sedan in India Mar 5 Oppo F25 Pro launched in India, will go on sale from Mar 5 Nothing to launch CMF Neckband, Buds alongside Nothing Phone 2(a) on Mar 5 South Korea: Jaishankar to visit Seoul to co-chair the Korea Joint Commission Meeting Mar 5 Goa: Rajnath Singh to inaugurate new building of Naval War College at INS Mandovi Mar 5 Kochi: Indian Navy to commission MH 60R Seahawk at INS Garuda Mar 5 Maratha quota stir: Bombay HC to hear the matter Mar 5 Rahul Gandhi plans Mahakaleshwar Temple visit Mar 5 Delhi: NDMC to start admission to its 12 Navyug schools Mar 5 AP: CM Jagan Mohan Reddy to visit Vizag to take part in two programmes Haryana Cabinet to meet on Mar 5 Hookah ban: Kerala HC hearing on Mar 5Milestone Alert! Livemint tops charts as the fastest growing news website in the world

NPCI) is looking at ways to stabilise market share dynamics on the Unified Payments Interface (UPI), and has called a meeting of third-party application players on Tuesday to discuss this, according to multiple people in the know. It operates the popular digital payment channel.

HCL Group has invested Rs 166 crore to acquire a minority stake in education software company Educational Initiatives (Ei) This is a part of the secondary stake sale, where HCL Group has acquired a portion of the stake held by Mumbai-based private equity firm Gaja Capital in Ei.

For shorter games like rummy and poker, companies are trying out curbs on withdrawal of deposits to avoid being hit by repetitive taxation, as GST is levied every time a new deposit is made. For fantasy sports where the play duration runs into hours and a huge number of users participate, they are tinkering with the win percentage.

Apps like Shaadi.com and BharatMatrimony.com were delisted by Google on Friday since they did not adhere to the tech giant’s billing policies. By Monday, these apps were restored on Google Play Store, but without their in-app payment options.

Ben Greenfield, well-known fitness consultant, ‘biohacker’ and triathlon runner, whose list of high-profile clients includes Twitter cofounder Jack Dorsey, is consulting with serial entrepreneur Mukesh Bansal to help him set up a chain of biohacking centres across the country. These centres, which employ popular practices of biohacking and age reversal, will provide various therapies and consultations, among other services.