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S&P 500 (SPX) lost 1.5% in the first trading week of 2024, this way ending the streak of nine consecutive weekly gains since late October. The rally ended near the 4800 with the bulls failing to post a new record high. Still, the SPX is just 2.1% away from its previous all-time high recorded on Jan. 3, 2022.

coal sector have brought 18,849 hectares under green cover in the last 10 years by planting 42.3 million saplings, the government on Monday said. The move shows the commitment of the coal sector to environment-friendly sustainable mining practices, the coal ministry said in a statement.

₹1.15 lakh per year. In real terms (adjusted for higher prices of goods and services), that is 6.7% higher than in 2019-20, the last pre-covid year. After the steep decline in incomes in absolute terms in the covid years of 2020-21 and 2021-22, all states staged a recovery in 2022-23, as areas emerged from lockdown, and consumers opened their wallets.

Reserve Bank of India (RBI) has taken an action against Navsarjan Industrial Co-operative Bank Ltd., situated in Ankleshwar, District Bharuch, Gujarat, by imposing a monetary penalty of Rs 7.00 lakh. According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's non-compliance with RBI directives on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs),' 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016,' and the contravention of 'Section 26A (2) read with Section 56 of the Banking Regulation Act, 1949 (BR Act).' The penalty is a result of the powers conferred on RBI under the provisions of Section 47A(1)© read with Sections 46(4)(i) and 56 of the BR Act. It is crucial to note that this measure is centred around deficiencies in regulatory compliance and does not pass judgment on the validity of any transactions or agreements entered into by the bank with its customers. The background leading to this penalty involves the statutory inspection of the bank conducted by RBI concerning its financial position as of March 31, 2022. Examination of the Inspection Report, Risk Assessment Report, and all related correspondence revealed multiple issues, including a breach of inter-bank gross and counterparty exposure limits, failure to conduct a review of risk categorization of accounts as per prescribed periodicity, and not transferring the eligible amount to the Depositor Education and Awareness Fund. In response to these findings, RBI issued a notice to the bank, instructing it to show cause as to why a penalty should not be imposed for the failure to comply with the mentioned directions and provisions of the BR Act. Follow

Heiress to the Bisleri empire, Jayanti Khan Chauha... moreHeiress to the Bisleri empire, Jayanti Khan Chauhan is a resolute, independent woman.

Trident shares rise over 19%, rally 29% in seven days; here’s why The FAA's emergency airworthiness directive, issued on Saturday, mandated the temporary grounding of over 170 aircraft globally, affecting approximately 171 planes. This directive requires thorough inspections before the resumption of flight operations. The impact is specifically on U.S.

₹50 lakh crore assets under management (AUM) in the month of December 2023, the AMFI data released on Monday showed. What is awe-inspiring is that it took barely 13 months to take the overall AUM from ₹40 lakh crore to ₹50 lakh crore.

Also Read: SUV allure lifts passenger vehicle sales past 4 million in 2023 Notably, the Range Rover Sport wholesale volumes witnessed a surge of 49% YoY, with 16,921 units. Similarly, Range Rover achieved a 12% YoY increase with 18,843, while Defender saw a rise of 14% YoY, reaching 27,117. Wholesale volumes for the financial year to date were 291,113, up 28% YoY, according to the company.

Millions of Americans are finding it harder to save while adding to their debt burden with increased credit card usage.

The benchmark equity indices ended Monday’s trading session in the red. The NSE Nifty 50 fell 197.80 points or 0.91% to settle at 21,513 points. While S&P BSE Sensex closed 670.93 points lower or 0.93% to settle at 71,355.22 points. Nifty Bank ended lower by 708.75 points or 1.47% to settle at 47,450.25 points.

After the Supreme Court’s verdict quashing the remission granted to the 11 convicted men in a case of the gangrape of Bilkis Bano and the murder of her family members, the family said it felt “relieved but not victorious”.

By Dominique Vidalon

According to Jefferies' industry checks, Apple’s (AAPL) iPhone experienced a year-over-year decline of over 30% recently.

Investing.com -- U.S. stock futures edge lower on Monday with all-important inflation data out of the world's largest economy due later this week. Elsewhere, Boeing (NYSE:BA) shares fall premarket as the planemaker and U.S. regulators reportedly discuss the criteria for safety inspections after a dangerous mid-air fuselage breach. Meanwhile, an executive at the electric vehicle division of China's Evergrande is detained on suspicion of «illegal crimes.»

Congress has hailed the Supreme Court judgment quashing the Gujarat government's decision to grant remission to 11 convicts in the Bilkis Bano case, saying it has removed the veil over the BJP's anti-women policies. Reacting to the ruling, Congress general secretary Priyanka Gandhi Vadra said justice has ultimately prevailed. "With this order, the veil over the anti-women policies of the Bharatiya Janata Party has been removed.

India's GDP likely to grow by 7.3% in FY24: NSO data SBI indicated that income-tax data, rising female labour force participation and the rising popularity of food-ordering platforms paint a healthy picture of India's growth. Here are five major trends that the SBI report has highlighted about the Indian economy: "The gap between different income levels, measured by the Gini coefficient of taxable income, decreased notably from 0.472 to 0.402 from FY14 to FY22 respectively," the SBI report said.

Rajya Sabha elections. Sanjay Singh has been lodged in jail over a money laundering case in connection with the Delhi Excise Policy "scam". Singh arrived at the Civil Lines venue in a police van on Monday to file his nomination for the Rajya Sabha.

Marico Ltd. rose 4.0 per cent to Rs 523.95 in Monday's trade. It hit an intraday high of Rs 536.6 and low of Rs 520.0, respectively, during the day.

growth of 21.14% over 1,643,514 units sold in the same period a year earlier, shows data collated from the VAHAN portal of the Ministry of Road, Transport & Highways (MoRTH) by the Federation of Automobile Dealers Association (FADA). Manish Raj Singhania, President, FADA, vehicle registrations across categories increased in December. In the two-wheeler segment particularly, retail sales remained strong driven by demand during the marriage season.

Mukesh Ambani’s conglomerate uses the type of Boeing Co. jet that is facing global scrutiny after a fuselage section on one such aircraft blew out mid-flight on Friday. Reliance Industries Ltd., controlled by Asia’s richest man, is the only one with a corporate jet that’s a Boeing 737-9 Max variant and has a plugged mid-cabin exit door, data from flight data provider Cirium show.

MphasiS Ltd. traded 2.81 per cent down at Rs 2564.95 at 01:39PM (IST) on Monday, even as BSE benchmark Sensex dropped 419.68 points to 71606.47. The stock had settled at Rs 2639.2 in the previous session.