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Supreme Court on Monday asked low-cost carrier SpiceJet to clear all outstanding dues by March 15 in the ongoing Credit Suisse case. “There is no scope of belated payment. The respondent is not justified in saying so. The very fact that the respondent is in default is apparent from the dateline given,” the SC observed. The SC in September allowed SpiceJet to clear arrears in the airline’s payment to Swiss financial services firm Credit Suisse over a dispute settlement in six months.

South Korean shares rose more than 1% on Monday to their highest level since May 2022, as chipmakers jumped and foreign buying continued on optimism around the government's corporate reform plan. ** The benchmark KOSPI closed up 31.50 points, or 1.19%, at 2,680.26 — its highest level since May 31, 2022.

In the dynamic landscape of 2024, a select group of visionary brands emerges as the most promising entities to watch. These industry trailblazers, spanning various sectors, have captivated attention through their innovation, resilience, and transformative impact. As catalysts of change, these brands redefine the norms, set new benchmarks, and promise a future where their influence extends far beyond conventional boundaries. The journey of these ten promising brands unfolds as a testament to their commitment to shaping the future and leaving an indelible mark on the business landscape.

VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies.

Post the fourth round of talks, the ball is now in the farmers’ court as the Centre proposed the government’s intention to purchase pulses, maize, and cotton crops from farmers at minimum support prices (MSP) for five years through contractual agreements. Following this development, the ‘Delhi Chalo’ march was put on hold but may resume on February 21 if issues are not resolved by Tuesday, as reported by PTI.

By Prakash Krishnamoorthy

Fixed deposits (FDs) have long been a preferred investment choice for individuals seeking stability, security, and steady returns. Offering a conservative yet reliable avenue for wealth preservation and growth, FDs remain a cornerstone of many investors’ portfolios.

A term plan is as critical a requirement for non-resident Indians (NRIs) as for people living in their home country. It is all the more crucial for NRIs who might be away from their roots but would want to shield their family. With a term plan, you ensure that your loved ones are not burdened with financial liabilities even if you are not around.

Retirement is a significant milestone in life, marking the transition from active work life to a period of leisure and relaxation. However, to ensure a financially secure and fulfilling retirement, it’s essential to engage in meticulous retirement planning. This process involves assessing your financial situation, setting retirement goals, and implementing strategies to achieve them.

One should properly diversify the portfolio, but over or under-diversification will not work. Reasonable diversification is important, says Mukesh Kochar, National Head of Wealth, AUM Capital.

Adani Group is reportedly in advanced discussions with prominent sovereign funds based in West Asia to secure funding of up to $2.6 billion. This potential move to raise funds is part of the conglomerate's expansion plans for airport infrastructure and green hydrogen projects, Business Standard reported. Adani Group has embarked on a series of roadshows in key financial hubs such as London, Dubai, and Singapore. During these engagements, Adani executives have been briefing potential investors on the company's future endeavors.

Sensex surged 376.26 points to end at 72,426.64, while the Nifty 50 settled 129.95 points, or 0.59%, higher at 22,040.70. Nifty 50 formed a small positive candle on the daily chart with gap up opening and with minor upper and lower shadows. “Technically, this pattern indicates a formation of spinning top type candle pattern at the highs, which are normally associated with top reversals.

A post shared by Юлия Навальная (@yulia_navalnaya) Kira Yarmysh, the spokesperson for the late Russian opposition leader, confirmed Navalny's death and demanded that his body be handed over to his family "immediately." Yarmysh also accused Russian officials of lying to delay the process, CNN reported. Yarmysh's statement comes after the Russian prison service said that Russian President Vladimir Putin's critic, Navalny, died on Friday after he felt 'unwell' during a walk in his prison and fell unconscious. The cause of his death is not clear.

Stock market today: Following a rally in the strong market, the Indian stock market ended higher for the fourth day in a row on Friday. The Nifty 50 index shot up 129 points and finished at 22,040 level, the BSE Sensex surged 376 points and closed at 72,426 mark while the Bank Nifty index ended 165 points up at 46,384 level. In the broad market, both small-cap and mid-cap indices outperformed the key benchmark indices even as the advance-decline ratio remained firm at 1.56:1.

cricket stars, Yashasvi Jaiswal and Sarfaraz Khan, after they dominated England on Day 4 with their flashy batting performances and helped India secure the biggest Test win ever. “Double hundred. Double fifty.

BAFTA Film Awards in London, Christopher Nolan's epic movie "Oppenheimer" claimed the spotlight, securing a total of seven awards. The film centred around the creation of the atomic bomb, delivered a powerful statement ahead of the upcoming Oscars. "Oppenheimer" clinched top honours, including Best Film, Best Director for Christopher Nolan, Best Actor for Cillian Murphy, and Best Supporting Actor for Robert Downey Jr.

BSE data. That leaves a gap of just $250 billion to reach the $5 trillion mark. Going by the pace of the rally in the PSUs and the benchmark Sensex, this figure could be achieved in the next two months, said analysts.

Punjab Kisan Mazdoor Sangharsh Committee Sarvan Singh Pandher asserted that the farmers will continue to move forward with the 'Delhi Chalo' march on February 21 adding that the discussion will also be held on the proposal proposed by the government on MSP. «We will have discussions on the proposal by the govt in the next two days...The govt will also deliberate on the other demands...We will continue with the 'Delhi Chalo' march on Feb 21 if there is no result,» Pandher said while addressing the media after the conclusion of the meeting between protesting farmer unions and Union Ministers in Chandigarh on Monday. He further said that the government and farmers' unions would try to find a solution to the issues.

insurance plans, and their savings as being sufficient to secure his family’s future. Are Singh and his wife missing out on anything in this plan? The couple is doing well in following a budget and saving a big portion of their income. The mistake they are making is in not understanding the difference between saving and investment. Saving money means accumulating it in a way that it is easily accessible and is without any risks. It is typically held in bank accounts and deposits. However, holding money in such avenues is suitable only for their immediate or unexpected needs. They must realise that all their future financial requirements will not be of this nature. Having all their money in these avenues is a costly choice because the trade-off for safety and liquidity is lower returns. The money Singh is saving is an asset that has the potential to generate higher returns, which will help him reach his goals faster. The amount that will have to be set aside from the couple’s current income will come down since the returns that will be generated will add to the corpus being created for their future needs. They can use the income that will be freed in this manner to meet other goals or improve the present quality of life for the family. To enhance the earning capacity of their money, Singh must make conscious choices to invest the money, instead of leaving it in the bank account by default.

veto. Algeria, the Arab representative on the council, put the draft resolution in a final form that can be voted on. Council diplomats, speaking on condition of anonymity because they weren’t authorized to speak publicly, said the vote will take place Tuesday morning. In addition to a ceasefire, the final Algerian draft, obtained by The Associated Press, reiterates council demands that Israel and Hamas “scrupulously comply” with international law especially the protection

F&O ban list: A total of 12 stocks have been put under the ban for trade on Monday, February 19, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.