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oath of office and secrecy to Narendra Modi and the Union Council of Ministers on June 9 at Rashtrapati Bhavan. Modi is set to begin his third consecutive term as Prime Minister, a historic moment in Indian politics. The ceremony, attended by thousands of dignitaries, will feature extensive security measures to ensure safety.

Apple reportedly aims to do the same with AI, planning to integrate the technology deeply into its core apps and features while maintaining a strong emphasis on privacy and security, reported Bloomberg.As per the wire, the highlight of the keynote, which kicks off at 10 a.m. Pacific time and typically spans about two hours, will be Apple's new AI system called Apple Intelligence.

cheating and criminal intimidation case was filed against the father and grandfather of the juvenile accused of ramming his Porsche car into a motorcycle in an inebriated condition in Pune on May 19, resulting in the death of two IT professionals hailing from Madhya Pradesh, a police official said on Friday.

WWDC event. Insights from Bloomberg's esteemed Mark Gurman, indicate that this new offering will empower users to manage and safeguard their passwords and account credentials seamlessly.Harnessing the robust capabilities of the iCloud Keychain, Apple's proprietary service for synchronizing sensitive data across its ecosystem of devices, the Passwords app is poised to offer a comprehensive solution to the perennial challenge of password management.

The Texas Stock Exchange is looking to steal New York’s crown as the center of U.S. capital markets. It has a powerful force behind it: red-state frustration with the perceived liberal agenda of Wall Street.

In a stock exchange notice today (7 June), the £2.3bn private equity trust said it has appointed Investec Bank and JP Morgan Securities to carry out the buyback programme at 6.7p per ordinary share. Under the authority granted to PIP by its shareholders, it has the ability to repurchase up to 14.99%. It currently has remaining authority to buy back up to around 67 million shares before the next annual general meeting in October, the FTSE 250 trust noted. PIP explained that the maximum share price payable for a single share will be the higher of 105% of the average market value of tits...

Mumbai (Maharashtra) [India], June 7: Holani Venture Capital Fund, a ₹ 300 crores SME focused fund launched on Apr 27th, 2024, at Jaipur and promoted by a renowned name in the investing realm -- The Holani Group – has received ₹ 184 crores till May 27th, 2024, one month of its launch.The Holani group forayed in to fund management and investment sector on receiving the Securities and Exchange Board of India (SEBI) approval for registration of its Alternate Investment Fund on Apr 3rd, 2024, enabling it to operate as a Equity Fund house. The green signal from markets regulator enabled Holani group to receive the investor monies for the dynamic Indian equity markets.

Gangtok, The swearing-in ceremony of PS Tamang as Sikkim chief minister was deferred by a day and the SKM supremo will now take oath for the second term on June 10, party leaders said on Friday. The decision to defer the swearing-in ceremony to June 10 was taken during the Sikkim Krantikari Morcha (SKM) legislature party meeting, held earlier in the day at the chief minister's official residence, Mintokgang, as Tamang will visit Delhi on Sunday to attend the oath-taking ceremony of Narendra Modi as prime minister for the third time, they said.

Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million as the company looks to speed up its cryptocurrency expansion globally

Prince Harry has been given permission to appeal the British government's rejection to provide him with police protection in the U.K. The Court of Appeal gave the Duke of Sussex the go-ahead to challenge a ruling earlier this year in the High Court

South African opposition parties are meeting and will continue crunch talks into next week to consider the ruling African National Congress’ offer to become part of a government of national unity

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to pay even the interest on their loans and often just a bad business hit away from dying off for good

Prime Minister Narendra Modi — fresh from declaring victory in India’s election — offered few details on the agenda for his third term

BJP sweeping the Lok Sabha elections in Madhya Pradesh by winning all 29 seats in the state, including the Congress citadel of Chhindwara, as many as 311 out of the total 369 candidates in the fray lost their security deposits, officials said on Friday.

A critical reporting tool used by Canada’s anti-money-laundering watchdog has been offline for three months creating an intelligence gap that experts say could hamper criminal or national security investigations.

Sebi has been given 'Best Conduct of Business Regulator' award in Asia Pacific by The Asian Banker for its role in enhancing the regulatory framework for securities markets in India. The award was received by Sebi's Whole Time Member Kamlesh Chandra Varshney in a ceremony held in Hong Kong. «This authority (Sebi) has been actively working towards instantaneous settlement. In 2021, T+1 settlement was introduced in a phased manner, which was fully implemented from January 2023. This move has provided investors with faster access to their funds following trade execution and settlement, enhancing market efficiency and liquidity,» The Asian Banker said in a statement.

short positions by FPIs have resulted in lower double-digit positive return possibilities for the Nifty in a year, believes domestic brokerage firm ICICI Securities, while stating that rising fear in terms of high VIX. “Our one-year forward (May’25) target for NIFTY50 stands at 24,900 (20x P/E multiple) and implies a ~10% upside, against the long-term expected returns of 14%,” said ICICI Securities in a report.

«I think primarily it is the NBFCs which is there, which actually the NBFC MFIs where this issue is in terms of the higher rates. Spandana has announced that they are going to cut rates. So, we are seeing this trend across all the MFIs. And it should play out for the other MFIs also over the course of next few quarters,» says Viral Shah, Vice President, IIFL Securities. Let us start with that comment that has come in. What is it in terms of the risk that has comes out for the NBFC? Is it much of a concern? How are you seeing? Yes, they have cautioned this before, but how do you see this now shaping up? I think RBI's pattern in terms of incrementally dealing with all the regulated entities is quite set. They have highlighted this issue quite sometimes. The deputy governors have highlighted it in their interactions. And today we had a comment from the governor himself. So, I think this is one key area that should be on focus and he has specifically called out the MFI sub-segment and that is a place where we believe that some of the higher rate lenders will have to take a rate cut. In fact, a couple of them have already announced that they are going to take between 50-70 odd basis points of rate cuts over the next few quarters.

DLF Ltd. gained 0.74 per cent to Rs 835.9 in Friday's trade. It hit a high of Rs 838.8 and low of Rs 822.65 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 724.73, while the 50-DMA was at Rs 864.79. 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.

candidates in the fray on Jammu and Kashmir's five Lok Sabha seats polled fewer than None Of The Above (NOTA) votes, according to Election Commission data.Cumulately, 34,788 voters pressed the NOTA button in the five seats, showing their rejection of the candidates fielded by parties.

Omar Abdullah lashed the BJP-led National Democratic Alliance (NDA) for not having any representation from the minorities in the list of its Members of Parliament (MP) elected to the Lok Sabha in the recently-concluded general elections. Abdullah's statement comes right at a time when the newly-elected MPs were meeting on June 7 to elect Narendra Modi as their leader, paving the way for him to take oath as prime minister for a third term.Follow Live Updates on Lok Sabha Election Results 2024 HereThe swearing-in is likely to be held on Sunday.“It’s not just the BJP, the NDA is Muslim mukth, Christian mukth, Buddhist mukth, Sikh mukth and yet the government will claim to represent 140 crore Indians," Abdullah said in a tweet.The NDA finally won 293 seats (MPs), which is a comfortable number above the 272-seat majority mark in the 543-member Lok Sabha.