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25.10 / 00:35
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Experts divided on Sebi rules barring finfluencers from giving investment advice
Subscribe to enjoy similar stories. Some financial influencers, or finfluencers, believe that the new Sebi rules barring regulated entities such as mutual funds and stock brokers from associating with unregistered finfluencers are ambiguously worded.
25.10 / 00:35
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security
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The Sebi exam that PE pros find hard to pass
Subscribe to enjoy similar stories. India's private equity and venture capital fund sector is staring at an embarrassment with 60 out of 100 executives failing in an exam mandated by the stock market regulator. The exam, conducted by the National Institute of Securities Management (NISM), is mandatory for one executive per firm to secure or keep their registration.
24.10 / 22:15
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These are the people who could be in Donald Trump's second Cabinet; Mark Rubio to be Secretary of State?
Former US President Donald Trump’s transition team is engaging pretty actively with the prominent Republicans as the US Presidential Election approaches while the top candidate for the key positions is Senator Marco Rubio who is being considered for the Secretary of State, reported New York Post. Former ambassador Carlos Trujillo also emphasized on Marco Rubio’s qualifications which is based on his foreign affairs expertise and strong personal rapport with Donald Trump. New York Post reported that the other potential nominees for significant positions include Senators Tom Cotton and Donald Trump’s running mate JD Vance as well as Robert O’Brien and Richard Grenell for national security roles. Mike Johnson, the House Speaker claimed that several lawmakers of GOP are targeting the cabinet positions while up to ten will be possibly transitioning if Donald Trump wins the US Presidential Elections. Also Read: US elections: This new tracking survey gives Kamala Harris 4 points lead over Donald Trump
24.10 / 19:49
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Efforts by Russia, Iran and China to sway US voters may escalate, new Microsoft report says
A new threat intelligence report from Microsoft says foreign adversaries have showed continued determination to influence the U.S. election and there are signs their activity will intensify as Election Day nears
24.10 / 19:49
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McDonald's and Boar's Head outbreaks may have you worried. Experts say the food supply is safe
Deadly food poisoning outbreaks tied to McDonald's and Boar's Head may have left Americans wondering whether there are new risks in the U.S. food supply
24.10 / 19:49
24.10 / 17:29
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8 AAP MLAs did not raise any question in Delhi Assembly in past 1 year: Survey
Delhi Assembly in the past one year till April 8, a survey report claimed on Thursday. The Delhi MLA Report Card 2024 prepared by Praja Foundation, an NGO, said the scope of the survey was expanded to evaluate the consolidated performance of the legislators who served in the Assembly for a minimum of three years. The report card assessed the performance of the MLAs from March 17, 2023 to April 8, 2024. All the eight MLAs who did not raise a single question during this period belong to the AAP. Two of them, Manish Sisodia and Satyendar Jain, were in judicial custody during the period under review. BJP MLA Ramvir Singh Bidhuri secured the first position in raising questions with a score of 81.81 per cent, followed by Bhupinder Singh Joon of the AAP at 78.77 per cent, and Rajesh Gupta, also from AAP, at 74.55 per cent, the report said.
24.10 / 16:07
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NTPC Q2 Results: Net profit grows 14% to Rs 5,380 crore
NTPC Limited on Thursday posted about 14 per cent rise in consolidated net profit to Rs 5,380.25 crore for the September quarter. Its net profit in the year-ago period stood at Rs 4,726.40 crore, a BSE filing said. The total income, however, fell to Rs 45,197.77 crore in the quarter from Rs 45,384.64 crore a year ago.
24.10 / 16:07
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PAM
NBFC growth to be hit due to rising unsecured loan stress
Unsecured loans like micro finance, personal loans, credit cards and business loans will continue to be a source of stress for non bank financial companies (NBFCs) this fiscal year as borrowers’ repayment capacities are likely to be hit due to higher interest rates, rating agency ICRA said. This rising stress is expected to cause a slowdown growth in microfinance loans by 10% to 12%, and a 19% to 21% in other unsecured loans. The stress will also spill over to secured loans like small mortgages, vehicle loans and other small ticket loans, the rating agency said. High credit growth in the previous two years has potentially resulted in over leveraging in some assets, and a slower credit growth due to higher risk weights by the regulator, can damage the refinancing ability of some borrows.
24.10 / 13:47
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Data privacy breach: LinkedIn hit with €310 million fine by Irish regulators
LinkedIn's lead privacy regulator in the 27-nation EU, the Dublin-based commission conducted an investigation that concluded the professional networking site lacked a lawful basis for collecting user data intended for targeted online advertisements, added the AP report. This violation of the General Data Protection Regulation (GDPR) represents a serious infraction of the right to data protection within the EU.Reportedly, Deputy Commissioner Graham Doyle emphasised the severity of the situation, stating that processing personal data “without an appropriate legal basis is a clear and serious violation" of established privacy rights.
24.10 / 12:59
24.10 / 11:33
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Turkiye strikes Kurdish militant targets in Syria and Iraq for second day
Turkiye struck suspected Kurdish militant targets in Syria and Iraq for a second day on Thursday following an attack on the premises of a key defense company which killed at least five people, the state-run news agency reported. The National Intelligence Organization targeted numerous «strategic locations» used by the Kurdistan Workers' Party, PKK, or by Syrian Kurdish militia that are affiliated with the militants, the Anadolu Agency reported. The targets included military, intelligence, energy and infrastructure facilities and ammunition depots, the report said. A security official said armed drones were used in Thursday's strikes. On Wednesday, Turkiye's air force carried out airstrikes against similar targets in northern Syria and northern Iraq, hours after government officials blamed the deadly attack at the headquarters of the aerospace and defense company TUSAS, on the PKK. Defence Minister Yasar Guler said Thursday that 47 alleged PKK targets were destroyed in Wednesday's airstrikes — 29 in Iraq and 18 in Syria.
24.10 / 11:33
24.10 / 11:23
24.10 / 11:23
24.10 / 11:23
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India's engineering goods exports surge 10.55% in September
In September 2024, engineering exports increased to US$9.82 billion from US$8.89 billion in the same month last fiscal year, securing 10.55 percent year-on-year growth, according to the industry body Engineering Exports Promotion Council (EEPC). Cumulative engineering exports during April-September 2024-25 were recorded at US$ 56.23 billion as against US$ 53.42 billion during the same period of the last fiscal, registering an increase of 5.25 percent.
24.10 / 10:45
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How public speeches have become RBI’s tool for signalling crackdowns
Subscribe to enjoy similar stories. Mumbai: The Reserve Bank of India (RBI) has been using public speeches by its top brass to hint at upcoming regulatory action against specific institutions or even some lending practices, showed a Mint analysis. This was evident when the regulator barred four non-bank financiers, including two microfinance institutions, from fresh lending.
24.10 / 10:43
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This Chinese company launches ticket sales for space travel: Check prices and schedule
Deep Blue Aerospace, will begin selling tickets on Thursday for a commercial spaceflight scheduled for 2027. The tickets will be available during a livestream shopping event hosted by the company's founder, Huo Liang. Each ticket costs 1.5 million yuan (approximately $211,000) and offers passengers a chance to experience five minutes of zero gravity. Customers can secure their tickets by paying a 50,000 yuan deposit. Deep Blue Aerospace aims to lead China's growing commercial space industry, which Beijing hopes will compete with international rivals like SpaceX. In 2023, China conducted 26 commercial launches, including the successful launch of LandSpace's Zhuque-2 rocket, the first methane-fueled rocket in the world. Deep Blue Aerospace is focused on developing reusable rocket technology to lower costs. The planned mission in 2027 will be a suborbital flight, meaning passengers will reach space without entering orbit. The entire space experience is expected to last around 12 minutes.
24.10 / 10:09
UPS
Digital
security
information
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International
How grandparents can invest for their grandchildren without hiccups
Subscribe to enjoy similar stories. They say interest is dearer than the principal. Grandparents tend to dote on grandchildren more than their own.
24.10 / 09:39
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security
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PAM
NFO Alert: Zerodha Mutual Fund launches Gold ETF FoF
Zerodha Mutual Fund has announced the launch of the Zerodha Gold ETF FoF, an open-ended fund-of-funds scheme that invests in units of Gold ETFs. The new fund offer (NFO) for the scheme will open for subscription on October 25 and will close on November 8. The scheme's investment objective is to seek capital appreciation by investing in units of Gold ETFs. It will be benchmarked against the domestic price of physical gold and will be managed by Shyam Agarwal and Kedarnath Mirajkar.
24.10 / 08:37
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Max Healthcare shares fall 1.15% as Nifty drops
Max Healthcare Institute Ltd. slipped 1.15 per cent to Rs 903.75 in Thursday's trade. It hit a high of Rs 913.45 and low of Rs 889.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 852.12, while the 50-DMA was at Rs 925.36. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
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