Strategy Financial News
25.11 / 10:55
Digital
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Humility is likely to lend leaders a growing advantage in the age of AI
Subscribe to enjoy similar stories. Any discussion on corporate leadership is incomplete without mentioning its three core pillars: strategy, competitiveness and achievement orientation. These essentials become convoluted in the age of social media, where self-promotion often borders on narcissism and overshadows the interests of others and society.
25.11 / 10:39
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MET
Action
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Election
Experts
reports
Congress accuses Rashmi Shukla of poll code violation; demands EC action
Congress on Monday demanded that the Election Commission take action against IPS officer Rashmi Shukla for allegedly violating the model code of conduct during the Maharashtra assembly elections by meeting Deputy Chief Minister Devendra Fadnavis. The Congress's chief spokesperson, Atul Londhe, claimed Shukla met Fadnavis, the state home minister, when the model code of conduct was in place. The IPS officer reportedly met Fadnavis at his official residence on the evening of November 23, the day votes were counted. Earlier this month, the Election Commission had directed the Maharashtra government to transfer DGP Rashmi Shukla with immediate effect following complaints from political parties, including the Congress.
25.11 / 10:39
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GoM report on GST on health insurance to be placed before Council when received: Finance Ministry
GST on life and health insurance will be placed before the GST Council when received, Parliament was informed on Monday. The issue of exempting/reducing GST on life and health insurance was placed before the GST Council in its 54th meeting on September 9, 2024. After detailed deliberations, the Council recommended constituting a GoM to holistically look into issues pertaining to GST on life and health insurance. Accordingly, a GoM was constituted under the Chairmanship of Samrat Chaudhary, Deputy Chief Minister of Bihar. First meeting of the GoM was held on October 19, 2024 at New Delhi where issues of GST rate on health and life insurance policies were discussed, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha.
25.11 / 10:39
markets
Digital
Strategy
Research
Experts
reports
Satellite images suggest North Korea expanding missile plant, researchers say
The facility, known as the February 11 plant, is part of the Ryongsong Machine Complex in Hamhung, North Korea's second-largest city, on the country's east coast. Sam Lair, a research associate at the James Martin Center for Nonproliferation Studies (CNS), located at the Middlebury Institute of International Studies at Monterey, said the plant was the only one known to produce the Hwasong-11 class of solid-fuel ballistic missiles. Ukrainian officials say these munitions — known as the KN-23 in the West — have been used by Russian forces in their assault on Ukraine.
25.11 / 10:39
markets
MET
Strategy
President
Experts
Celebrity
INDIA bloc leaders write to Lok Sabha speaker to let LoPs speak during Constitution Day event
opposition parties of the INDIA bloc have written to Lok Sabha Speaker Om Birla, urging him to allow leaders of the opposition in both Houses to speak during the Constitution Day celebration function. President Droupadi Murmu, Vice-President Jagdeep Dhankhar and Prime Minister Narendra Modi will speak during Tuesday's function in the Central Hall of Samvidhan Sadan to mark the 75th anniversary of the Constituent Assembly's adoption of the Constitution. «We are writing in the context of the function being held tomorrow (Tuesday) in the Central Hall of Samvidhan Sadan to commemorate the 75th anniversary of the adoption of the Constitution of India. We understand that the function will be addressed by the president, vice-president and the prime minister of India,» the letter signed by leaders of various parties said. «We believe that in the best traditions and interests of Parliamentary democracy, the Leaders of Opposition (LoPs) in both Houses should also be given an opportunity to speak on this historic occasion,» it added.
25.11 / 10:39
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UPS
Provident
Strategy
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Experts
social
Inoperative EPF accounts' total amount up 5 fold to Rs 8,505 cr in 6 years
Employees' Provident Fund Organisation (EPFO). However, she stated that as per Para 72(6) of the Employees' Provident Fund Scheme, 1952, certain accounts are classified as 'Inoperative accounts'. She informed the House that as many as 21,55,387 inoperative EPFO accounts had Rs 8,505.23 crore in 2023-24. In 2018-19, there were 6,91,774 inoperative accounts which had Rs 1,638.37 crore.
25.11 / 10:39
markets
MET
Digital
security
Strategy
Experts
Top INDIA bloc leaders, including Rahul, Tejashwi, may attend Hemant Soren's oath-taking
Hemant Soren government here on November 28, a senior leader of the grand old party said on Monday. In a stunning comeback, Hemant Soren's JMM-led alliance on Saturday stormed to power in Jharkhand for a second consecutive term, winning 56 seats in the 81-member assembly, despite an all-out blitz by the BJP-led NDA, which managed only 24 seats. Soren retained Barhait seat by defeating BJP's Gamliyel Hembrom by a margin of 39,791 votes. «All top leaders of the INDIA bloc are being invited to attend the swearing-in ceremony at Morabadi Ground here on November 28. Leader of the Opposition in Lok Sabha Rahul Gandhi, Trinamool Congress supremo Mamata Banerjee and RJD leader Tejashwi Yadav are likely to attend the event,» the Congress leader told PTI.
25.11 / 10:39
markets
Provident
Strategy
Election
Trade
reports
Silver exhibits volatility similar to Indian equities; gives CAGR of 7.6% in 34 years: Report
volatility over the past three decades mirrors that of Indian equities, says the Alpha Strategist Report by Motilal Oswal Private Wealth (MOPW), however, it is to be noted that the former’s returns have fallen slightly short. “Silver has provided returns of the CAGR of 7.6% from 1990 to 31st October 2024, Indian Equities have recorded a CAGR of 14.0% during the same period,” said the report.
25.11 / 10:39
markets
UPS
FIVE
Strategy
Analysis
Trade
Rupee posts best day in over five months boosted by inflows, softer dollar
equity indexes, alongside softness in the dollar and lower U.S. bond yields. The rupee closed at 84.2875 against the U.S. dollar, up 0.2% from its previous close, its biggest single-day gain since June 3.
25.11 / 08:05
Fighting
Strategy
wellness
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War
peace
Ukraine clings to shrinking sliver of Russia, expecting Trump to push for peace talks
Subscribe to enjoy similar stories. SUMY , UKRAINE : In Russia’s Kursk region just north of here, Russian assaults are so intense that their infantrymen sometimes step on the bodies of fallen comrades, according to Ukrainian soldiers opposing them there. Russian glide bombs weighing one ton crash onto Ukrainian supply roads.
25.11 / 07:25
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Analysis
trends
Trade
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Commentary
Share price of Au Small Fin Bank as Nifty
Au Small Finance Bank Ltd. 0.24 per cent to Rs 597.25 in Monday's trade as of 12:52PM (IST). The stock hit a high price of Rs 604.85 and low of Rs 596.50 during the session. The return on equity (ROE) for the stock stood at 12.28 per cent. Traded volume on the counter stood at 12:52PM shares and turnover at Rs 1.42 crore around that time. The stock of Au Small Finance Bank Ltd. quoted a 52-week high price of Rs 813.00 and 52-week low prices of Rs 554.00, respectively.
25.11 / 07:25
markets
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Share price of Tata Power as Sensex gains 1141.35 points
Tata Power Company Ltd. 1.07 per cent to Rs 418.00 at 12:46PM (IST) in Monday's trade. The scrip hit a high of Rs 423.90 and low of Rs 417.25 so far during the session. The stock had closed at Rs 413.55 in the previous session. The counter had a total traded volume of 12:46PM shares so far with a turnover of Rs 10.86 crore on BSE. The stock traded at a price-to-earnings multiple of 35.64 and a price-to-book ratio of 3.89.
25.11 / 07:25
Strategy
students
Universities
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Colleges
International
Beyond Grades: What international universities seek in your application form
higher education abroad has become increasingly competitive, with 1.35 million Indian students pursuing international education across 108 countries in 2024 (Data shared by Ministry of External Affairs). For Indian students aspiring to study abroad, getting into a college of their preference seems like a dream. Historically, academic grades have always been the primary aspect in securing admission to reputed institutions but over time the significance of traits and achievements beyond the classroom have also grown significantly. Today, many students can be seen asking the question, “what more can we do?”, as elite universities seek students who offer much more than educational excellence and come with attributes that are well suited to the environment on the campus. What must the aspiring students do?
25.11 / 06:29
markets
Strategy
Analysis
Research
Trade
reports
Commentary
Share price of Bandhan Bank as Nifty
Bandhan Bank Ltd. 1.47 per cent to Rs 172.50 in Monday's trade as of 11:36AM (IST). The stock hit a high price of Rs 174.75 and low of Rs 172.45 during the session.
25.11 / 06:29
markets
Digital
Strategy
President
Celebrity
country
Parliament Winter Session 2024: Lok Sabha adjourned till 12 noon
Lower House of Parliament commenced proceeedings on Day one of the 2024 Winter Session. Speaker of the House, Om Birla adjourned the House to noon today. Congress president Mallikarjun Kharge said in a post on X that as the Parliament session begins, the first step the government should take is to have a detailed discussion on the Adsaga which has the potential of tarnishing India's image at the global stage, on Monday.
25.11 / 06:29
markets
UPS
ETF
Strategy
Invesco
Experts
performer
PSU equity mutual funds lose up to 17% in three months. Still invested?
mutual funds have offered a negative average return of around 13.34% in the last three months. Five PSU mutual funds have marked their presence in the market over the last three months. Quant PSU Fund lost the most of 17.68% in the last three months. CPSE ETF, the largest PSU fund based on assets managed, delivered a negative return of around 14.85% in the mentioned period.
25.11 / 06:29
UPS
Google
Strategy
Sustainability
Election
After defeat, Uddhav Thackeray's demands fresh polls through paper ballots
Uddhav Balasaheb Thackeray Sena in a bizarre demand has asked to stay the assembly results and hold fresh elections through paper ballots. “ We have made 450 complaints against the EVM machines in these elections, the elections were conducted as per procedure. We are saying that stall these results and do the elections from paper ballots and we would win the elections. We were leading in the morning in the paper ballots in these elections early but then when the counting in the EVM happened things changed.”said Sanjay Raut Rajya Sabha MP and party spokesperson of the Uddhav Balasaheb Thackeray Sena. Raut claimed that they want elections to be held through paper ballots. “We are not saying this because we lost, we have been saying against EVM for the last ten years. Now they (BJP) claim that they won in Jharkhand and lost in Maharashtra but we would like to tell them to do one thing: take Jharkhand and let us win in Maharashtra. Do something in the EVM machine and let us win in Maharashtra.”said Raut sarcastically.
25.11 / 06:29
markets
Strategy
Healthcare
show
hospital
reports
Pharmaceuticals
India's pharma sector registers strong Q2 FY25 growth, driven by North America market: Report
The report also highlighted that Indian Pharmaceutical Market (IPM) grew by 8 per cent YoY, with chronic therapies showing a 9 per cent increase. However, acute therapies experienced modest growth of 4 per cent due to a weak season for these segments. It said «The pharmaceutical universe under our coverage reported Q2FY25 growth of 10.2 per cent YoY and 1.7 per cent QoQ, driven by robust growth in North America (10.8 per cent YoY) and the India business (9.8 per cent YoY)».
25.11 / 06:29
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Digital
Strategy
Exponent
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recommendations
Updates
Best conservative hybrid mutual funds to invest in November 2024
hybrid mutual funds — schemes that invest in equity and debt — may serve investors, especially new and inexperienced investors, better. Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns. Conservative hybrid schemes, as the name suggests, are meant for investors with a conservative risk profile.
25.11 / 06:29
markets
Digital
Strategy
President
Courts
Investigations
Rajya Sabha chairman rejects INDIA bloc's demand, denies discussion on Adani's indictment in US
Rajya Sabha chairman Jagdeep Dhankar said discussions over Gautam Adani's indictment in United States over alleged bribergy charges worth $256 million will not be allowed in the Upper House. Vice President and Rajya Sabha chairman in opening session said that he has received 13 notices from Members of Parliament (MPs) for discussion over allegations against Adani Group. Amid furour, the Rajya Sabha was adjourned till 11:45 pm.
25.11 / 05:09
markets
Strategy
Experts
PAM
inclusion
innovations
travelers
Yogi government introduces state-of-the-art cruise to elevate Mahakumbh's grandeur
Mahakumbh 2025. This year's Mahakumbh is set to surpass all previous editions, with the inclusion of the Nishadraj cruise in the Sangam area as a notable highlight. Ahead of Prime Minister Narendra Modi's visit, the Nishadraj cruise, managed by the Inland Waterways Authority of India (IWAI), has embarked on its journey from Varanasi to Prayagraj. Equipped with modern amenities, the cruise symbolizes the state's dedication to innovation and excellence. Preparations are in full swing, with VIP vehicles like Kasturba positioned near the Naini Bridge to welcome the cruise. In collaboration with the Prayagraj Mela Authority, the Varanasi administration is leaving no stone unturned to ensure a majestic and memorable Mahakumbh experience for visitors from around the world.
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