Security Financial News

REC Ltd on Friday said it has raised JPY (Japanese Yen) 61.1 billion (about Rs 3,500 crore) by issuing green bonds. Proceeds from the issue of the Bonds will be applied to finance the eligible green projects in accordance with the company's Green Finance Framework, the RBI's ECB guidelines and the approvals granted by it from time to time, a statement said. According to the statement, REC Ltd has successfully issued its inaugural JPY 61.1 billion 5-year, 5.25-year and 10-year Green bonds issued under its USD 10 billion Global Medium Term Notes Programme. The REC Ltd's eleventh venture into the international bond market and inaugural Yen Bond issuance, which is also the first Yen Green Bond issuance by any Indian PSU.

Manipur Integrity (COCOMI), an umbrella body of the Meitei community, has demanded that the Manipur chief minister take over charge of the Unified Command as they feel that the role of security adviser, Kuldiep Singh, has been unfruitful. The four slain villagers were from Akasoi village in Bishnupur district. They had gone to nearby forested areas of Churachandpur district on Wednesday to collect firewood and were kidnapped by the militants and then killed. COCOMI stated that the brutal killing of three individuals by Kuki assailants in the Haotak area of Wangoo Sabal Akasoi exposes a disturbing depth of barbarism ingrained in their psyche.

By Idrees Ali, Phil Stewart and Mohammed Ghobari

BSE Midcap and Smallcap indices have jumped 21 per cent each. Some small-cap stocks such as Gallantt Ispat, GTL Infrastructure, Kesoram Industries, Inox Green, Wockhardt, Praveg, Inox Wind and Navkar Corporation have jumped over 100 per cent since November. In the midcap space, stocks such as HPCL, Power Fin Corp, BHEL, GlaxoSmithKline Pharmaceuticals, IRFC, YES Bank, New India Assurance Company, GMR Airports and Macrotech Developers have jumped over 50 per cent each in the same period.

airstrikes in Yemen on Thursday, targeting Houthi rebels. The Yemen authorities have now vowed vendetta, saying “America and Britain will have to prepare to pay a heavy price". The attack by the US and UK on Yemen comes weeks after the Houthi rebels allegedly unleashed disruptive attacks on the Red Sea hurting commercial shipping on the trade route.

PTI reported. On January 15, an ‘Akhand Deepa’ will be placed at the site where the three-day yagna will be performed by priests. The puja rituals will culminate on January 17 when Odisha Chief Minister Naveen Patnaik will walk through the corridor in the afternoon, declaring it open for devotees.

consecration ceremony of Ram Temple in the temple town of Uttar Pradesh, Ayodhya. Speaking to ANI, Arun Govil said, “I am happy that I received an invitation for the Pran Pratishtha ceremony, and I am looking forward to going there (Ayodhya) to witness it and for the Ram Lalla darshan. It is a very big opportunity." “I consider myself lucky that this has happened in my lifetime; everything is going very well, the atmosphere is positive, the energy is there, and we are all very happy," he said.

new tax regime which combines lower tax rates with a very limited number of exemptions. As of now, an individual's contribution of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD (1B) as deduction under the old tax regime but not under the new tax regime. Promotion of retirement saving is also a stated goal of the government because of which the above-mentioned deduction was allowed over and above the tax saving investment limit of Rs 1.5 lakh under Section 80C in the old tax regime.

Sanjay Dutt on Thursday expressed delight that a temple of Lord Ram was coming up at Ayodhya and said he would like to visit the temple town to offer prayers at the shrine. Donned a white dhoti and kurta, Dutt, who was in south Bihar town of Gaya for the 'pind daan' ritual was responding to queries of journalists.

The Orbit Chain, a multi-asset blockchain focusing on cross-chain transfers, recently fell victim to a sophisticated exploit. Notably, on December 31, 2023, a series of unauthorized transactions led to a significant financial loss, amounting to approximately $81.6 million.

The United States Securities and Exchange Commission (SEC) is on the verge of issuing conclusions on multiple spot Bitcoin exchange-traded fund (ETF) applications. This announcement comes at a crucial juncture for the cryptocurrency landscape. If this new breakthrough is successful, it has the potential to drastically alter the way digital assets are traded in the United States.

HSSC CET Group D Result 2023 are out by the Haryana Staff Selection Commission has released the HSSC CET Group D Result 2023. Candidates who have applied for the Common Eligibility Test Group D 2023 can check and download the result from the official website at hssc.gov.in. The exams for HSSC CET Group D were conducted on October 21 and October 22, 2023, at various examination centres in the state in two sessions. The first shift was held from 10:00 AM to 11:45 AM and the second shift was conducted from 3:00 PM to 4:45 PM. How to download HSSC CET Group D Result 2023?

Delhi's per capita income rises over 14% to ₹4,44,768, ‘highest in India’ Kejriwal has accused ED of sending him 'false summons'. Earlier, in a media statement, CM Kejriwal said, "In the last two years, all the agencies at the BJP's disposal have conducted many raids but not a single penny was found. If there was corruption, where is the money? AAP leaders are being put in jail in fake cases.

Three significant milestones have been announced by Arax Investment Partners to scale up its multi-partner platform.

Europe’s governments rushed to borrow money this week, drawing record demand from global investors keen to secure bonds with solid yields while they still can.

By Julie Zhu and Anirban Sen

Avenue Supermarts Q3 results today: The company results season for the third quarter of the financial year 2023-24 kickstarted on 11th January 2024. After the announcement of Q3 results 2024 by companies like Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies, HDFC AMC, HDFC Life, Anand Rathi, JTL Industries, etc, Avenue Supermarts Ltd, which is doing business as DMart, is going to declare its Q3 results today.

Investors started trading in Bitcoin Exchange-Traded Funds (ETFs) in the US on Friday after the Securities Exchange Commission (SEC) allowed 11 asset managers, including BlackRock, Fidelity, Invesco, and ARK Investments to launch the product. This is considered a watershed moment for the crypto industry, which includes all kinds of digital currencies, including bitcoin, as investors now have a chance to buy these digital currencies in a regulated environment. What's a bitcoin exchange traded fund (ETF)? Bitcoin ETFs are instruments which are traded publicly on a stock exchange that enable investors to gain exposure to bitcoin without actually owning the cryptocurrency. An ETF is an investment fund that tracks the performance of an underlying asset. The underlying asset could be a portfolio of stocks, or fixed income securities, or a precious metal like gold or silver or bitcoin. ETFs trade real time on traditional stock exchanges, and the price moves up or down in line with that of the underlying asset. How do bitcoins in the ETF format help investors? When you invest in a bitcoin ETF, you're not directly purchasing it but instead buying units in a mutual fund that holds bitcoin. Since ETFs are regulated, it is easier for investors to gain exposure to bitcoin's price movements without having to worry about buying and storing the digital currency and the associated risks of an unregulated product. Also, now investors can bet on crypto without opening an account with a crypto exchange or setting up a digital wallet for the storage, which is considered a complicated process.

companies soared on Friday, emerging as some of the biggest gainers in the day's trading, as investors were relieved that December quarter earnings of the sector giants-TCS and Infosys-and their management commentaries were not as gloomy as they were expecting. Infosys shares surged 8.08% to close at Rs 1,615 on Friday and TCS shares gained 3.92% to close at Rs 3,881.90. Wipro advanced almost 4%, while Tech Mahindra, HCL Tech and LTI Mindtree gained between 4.5% and 5% each. «Both TCS and Infosys have reported marginally better earnings compared to the muted investor expectations which has led to the rally,» said Sumit Pokharna, VP and IT analyst, Kotak Securities.

Yemen's Houthi forces if they keep up their attacks on shipping in the Red Sea despite dozens of U.S. and British air strikes on the Iran-backed group's facilities. Intensifying concerns about a widening regional conflict, U.S.

Wells Fargo Advisors, with close to 12,000 financial advisors across various business channels, said Friday that it was selling new spot bitcoin exchange-traded funds, but only when a customer asked for the security in a non-solicited trade or without any prompting from a salesperson.