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Mukhyamantri Mahila Samman Yojana for providing Rs 1,000 per month to all women aged above 18. Kejriwal said, «I am doing that work very soon in which Rs 1,000 will be deposited in your bank accounts.» The former chief minister, who undertook a 'padyatra' in north Delhi's Model Town area, also defended his schemes to provide free electricity and water while accusing the BJP of «stealing» public money.

Subscribe to enjoy similar stories. Dwindling footfalls in recent years, in part due to steep ticket prices, have prompted theatre chains to announce a string of Cinema Day-like occasions to lure audiences with tickets priced as low as ₹99. Initiatives like this may have spurred a jump in footfalls on those special days, but such one-off occasions may not be enough for theatre chains to sustain demand, experts said.

Penny and his investment team will join the boutique and continue to manage the TM CRUX UK Special Situations, TM CRUX UK Core and TM CRUX UK Smaller Companies funds. The strategies, which total $84m in assets under management, will be transferred to Oberon on 13 December and be rebranded to TM Oberon UK Core, TM Oberon UK Special Situations and TM Oberon UK Smaller Companies funds.  Lansdowne Partners completed its acquisition of CRUX Asset Management in August last year. The firm assumed full ownership of the UK-based equity investment boutique following the retirement of its founde...

In a London Stock Exchange notice today (4 November), the decision to launch the review came after the trust's investment manager, Weiss Asset Management (WAM), notified the board of its belief that the «opportunity set and strategy […] continuing in its current form is less attractive than it has been in the past, including at [the trust's] inception in 2013». Witan shareholders overwhelmingly approve merger with Alliance trust Because of that, WAM doubted «this change in circumstances is likely to improve in the foreseeable future». WKOF's board said it will conduct the review p...

Reserve Bank of India (RBI) on Monday said 98.04 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,970 crore worth such notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023. It has declined to Rs 6,970 crore at the close of business on October 31, 2024, the RBI said. «Thus, 98.04 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,» it said in a statement.

social media users recently shared a graphic card to claim that the Interpol had put Union Home Minister Amit Shah on its 'wanted list'. The graphic was shared after Canada's Deputy Foreign Affairs Minister David Morrison recently alleged that Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Sikh separatists inside Canada. New Delhi has vehemently rejected Morrison's claims and warned that such «absurd and baseless» allegations will have serious consequences for bilateral ties. The PTI Fact Check Desk, however, found the graphic to be fake. It was revealed that the Interpol has not issued any such notice and the related social media posts, mainly by Pakistani and Canadian users, were shared with a false claim.

Spinny managed to significantly narrow its net loss during FY24 to Rs 590 crore from Rs 820 crore in the previous year as it undertook rationalisation measures in a year that saw dwindling growth for the pre-owned vehicle sales industry. The Tiger Global-backed company reported a 14% year-on-year increase in operating revenue to Rs 3,275 crore for FY24, according to its financial documents sourced from Tofler. In FY23, Spinny had changed the way it recognised its revenue – calculating cash-and-carry sales in its revenue accounting instead of only commissions earned on sales through the marketplace. That had resulted in its topline jumping to Rs 3,262 crore in FY23, compared to Rs 109 crore in FY22.

Sales of air purifiers are limited to just 3-4 weeks after Diwali, that too mostly in the Delhi-NCR belt, with the market not even growing for some years which forced some top companies such as Samsung, Voltas, Panasonic, Daikin and Haier to either exit the segment or go “very slow”. Industry executives said consumers do not perceive air purifiers as a product which gives tangible value since they can’t see the effect in real time. Sales happen in Delhi-NCR when there is intense smoggy condition and worsening air quality index (AQI) hits the headlines.

Zerodha co-founder Nikhil Kamath has some advice for you. The billionaire recently tweeted a video from Zerodha discussing early retirement and its challenges. «I hadn’t realized how popular the Financial Independence, Retire Early (FIRE) trend had become until I saw this @Zero1ByZerodha video,» he wrote. «There's nothing wrong with wanting to retire early, but retirement isn’t just about money.»

TechEagle on Monday announced the launch of eight dedicated hubs in collaboration with the country's premier healthcare institutions across eight states. The dedicated drone hubs, inaugurated virtually by Prime Minister Narendra Modi last week as part of Rs 12,850-crore multiple healthcare sector projects, will serve as critical points for rapidly deploying medical supplies, including essential medicines, vaccines, and diagnostic samples to underserved and hard-to-reach communities, TechEagle said in a statement. The eight dedicated facilities include hubs at AIIMS Guwahati, AIIMS Rishikesh, AIIMS Bilaspur, and AIIMS Bhopal, among others, it stated. With a targeted reach of over 200 locations across Assam, Uttarakhand, and Himachal Pradesh and others in the coming year, this initiative (of setting up dedicated hubs) will be a game changer for India's drone logistics landscapes, the company said.

Congress of making attempts to snatch reservations meant for tribals and hand them over to its «vote bank». Addressing an election rally in Chaibasa in Jharkhand's West Singhbhum district, the PM said he worships those who have been rejected by the others. «Babasaheb Bhimrao Ambedkar has ensured the provision of reservation to protect tribal rights but Nehru-ji had opposed it. The Gandhi family opposed reservation till they were in control of power post-Nehru. Now once again they have openly announced that they will scrap reservations for tribals. They will snatch tribal reservations and hand it over to their vote bank,» he said. «They (Congress) have devised one more strategy. They are declaring schools, colleges and universities as minority institutions. By this, the reservation of tribals, Dalits and backward is being stopped. Beware of this conspiracy by Congress,» he added.

loan-to-deposit ratio (LDR) moderating to 77.7% in October the lowest in the last 30 months, said a report by Motilal Oswal. Outstanding LDR was at 79%. Analysts say that the gap between credit and deposit growth will narrow down to less than 100 basis points over coming months versus 350 basis points seen presently. «While the gap between deposit and credit growth has narrowed from the peak of 8.8% in November 2022 to 3.5% currently, the high incremental LDR and continued regulatory watch on both LDR and liquidity coverage ratios (LCR) will drive further moderation in loan growth,» said Nitin Aggarwal, Institutional Research – Head BFSI, Motilal Oswal Securities. «We estimate the differential between credit and deposit growth to narrow down to less than 100 basis points over the year.» The LDR assesses a bank's liquidity by comparing total loans to total deposits, with a high LDR indicating potential liquidity issues. Indian banks' deposit growth has largely remained slow as savings are moving towards alternative avenues like mutual funds, equity investments, and real estate.

Pakistan's central bank cut its key policy rate by 250 basis points to 15% on Monday, it said in a statement, for a fourth straight reduction since June, as the country keeps up efforts to revive a sluggish economy with inflation easing. Most respondents in a Reuters poll last week expected a cut of 200 bps after inflation moved down sharply from a multi-decade high of nearly 40% in May 2023, saying reductions were needed to bolster growth. Average consumer price index inflation in the South Asian country is 8.7% in the current financial year, which started in July, the statistics bureau says. The International Monetary Fund (IMF) expects inflation to average 9.5% for the year ending June.

On the BSE, Prudent Corporate Advisory Svcs(down 17.26 per cent), Veer Global Infraconstruction(down 11.53 per cent), Maan Aluminium(down 9.98 per cent), Mefcom Capital(down 9.54 per cent) and Poly Medicure(down 9.04 per cent) stood among the top losers in today's trade.

Franklin India Arbitrage Fund,an open-ended arbitrage fund. The new fund offer or NFO of the scheme is open for subscription and will close on November 18. The scheme will re-open for continuous sale and repurchase on November 21. The fund will aim to achieve capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of equity markets, as well as arbitrage opportunities within the derivative segment, with the remainder allocated to debt and money market instruments, according to a release by the fund house.

stocks rallied as much as 15% in Mumbai trading on Monday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Shree Metalloys(19.99%), Gravity(India)(19.93%) and Shree Rama Multi(19.31%).

Subscribe to enjoy similar stories. BlackRock’s clients are pouring money into its core stock and bond offerings. To keep the momentum going, chief Larry Fink wants to push the world’s largest asset manager into the more lucrative world of private markets.

Benchmark NSE Nifty closed 309.0 points down at 23995.35 amid selling in frontline bluechip counters.

jobs frequently, every two to three years. Graves, who has expanded his company to over 800 locations, values loyalty and teamwork in his employees and sees short job tenures as a sign of potential issues with commitment and team orientation.

Aptech, a pioneer in the non-formal vocational training business in the country, has appointed Atul Jain its new Managing Director and Chief Executive Officer. In his capacity as MD & CEO, Jain will spearhead Aptech’s strategic vision, driving sustainable business growth while fostering innovation and adapting to an ever-evolving market landscape. He will play a pivotal role in shaping the company’s brand and outreach strategies, and work closely with the Board of Directors to oversee the alignment of Aptech’s operations with its mission and values. «Leading Aptech at this critical juncture is both a privilege and a great responsibility, » Jain said in a statement. «My focus will be on empowering our teams, fostering collaboration, and leading the charge towards operational excellence.»