Strategy Financial News
25.10 / 13:51
markets
FIVE
Digital
Strategy
PAM
social
Courts
Manipur Speaker’s Tribunal hears disqualification cases against 5 JD-U MLAs
disqualification cases against 5 JD-U MLAs who joined BJP. The next hearing is in three weeks. The Speaker’s Tribunal heard disqualification cases which were filed against 5 MLAs who defected from JD(U) to BJP in Manipur.The five MLAs are MLAs Khumukcham Joykisan Singh, Ngursanglur Sanate, Md Achab Uddin, Thangjam Arunkumar and LM Khaute. The Counsel N. Bupenda Meitei, Advocate for petitioner, Hareshwar Goshwami, in Disqualification Case No. 1, 2, 3, 4 and 5 of 2024, submitted for urgent hearing and speedy disposal as all the pending disqualification petitions is to be decided within three months of the filing of the petitions in the Speaker's Tribunal as per the Supreme Court verdict.
25.10 / 13:51
markets
Digital
Strategy
Netflix
film
performer
audience
Sathyam Sundaram released on OTT: Where and how to watch the hit Telugu family-drama online
Sathyam Sundaram, originally released as Meiyazhagan in Tamil, is now streaming on Netflix. Directed by C Prem Kumar, this family drama has garnered positive reviews and is making waves among South Indian cinema fans. Here’s everything you need to know about this engaging film.
25.10 / 12:33
Fox
Strategy
Election
President
prevention
Updates
Interviews
US Election 2024 Live Updates: Harris urges end to Israel-Palestine conflict
All attention is focused on the high-stakes battle between US Vice President and Democratic nominee Kamala Harris and former President and Republican nominee Donald Trump on November 5.Vice President Kamala Harris delivered a sharp critique of her presidential opponent, former President Donald Trump, describing him as "unstable, dangerous, and unfit to serve" in the lead-up to the upcoming US elections. She made these statements during an interview with Fox News chief political anchor Bret Baier.With two weeks remaining in the presidential campaign, Democrat Kamala Harris is dedicating much of her time to bolstering support in the "blue wall" states of Pennsylvania, Michigan, and Wisconsin.
25.10 / 12:25
markets
Digital
Strategy
Experts
PAM
reports
Schools
Justin Trudeau ruined relations between India, Canada for votes: Former Punjab CM Amarinder Singh
Amarinder Singh lashed out at Canadian Prime Minister Justin Trudeau on Friday for «ruining» the India-Canada ties, saying he is only interested in getting Sikh votes in elections. Singh's remarks came amid frosty relations between India and Canada. India has recalled its high commissioner and five other diplomats from Canada after they were named as «persons of interest» in a Canadian investigation into the 2023 killing of Hardeep Singh Nijjar, a Khalistani terrorist who was a Canadian citizen, in British Columbia. «Trudeau has ruined the relationship (between India and Canada). Trudeau is interested in only one thing and that is getting the Sikh votes for his own election,» Singh said while replying to a reporter's question on the diplomatic row between India and Canada.
25.10 / 12:03
markets
Digital
Strategy
Election
reports
Schools
politician
JMM-led coalition to retain power in Jharkhand: Lalu Prasad
Lalu Prasad on Friday claimed that the JMM-led coalition would retain power in Jharkhand as it was «set to win» the assembly elections with a «comfortable margin». The veteran politician, who is in his seventies, said he would campaign for INDIA bloc and RJD candidates in Jharkhand. Talking to reporters here Prasad said, «The RJD will win all seats where the party is contesting in Jharkhand. We (JMM-led coalition) will once again form the government there as our alliance will win elections with a comfortable margin.» When asked by journalists whether he would campaign for INDIA bloc candidates in Jharkhand or not, Prasad said, «Yes...I will soon go to Jharkhand for campaign. Tejashwi (Yadav) is already campaigning there.»
25.10 / 12:03
markets
Digital
Strategy
exclusive
testing
Schools
Features
Yashasvi Jaiswal joins exclusive club featuring Sobers, Cook, Ab de Villiers
India's young opener Yashasvi Jaiswal on Friday became just the fifth batter to score 1,000 Test runs in a calendar year before turning 23. During India's second Test against New Zealand in Pune, Jaiswal, 22, kept composure and slammed 30(60) before losing his wicket on Day 2. His short-lived 30-run knock on Day 2 was enough to take his overall tally past the 1,000 Test-run mark in 2024. After crossing the landmark feat, Jaiswal entered an exclusive club that features four cricketing icons apart from him. The southpaw became just the fifth batter to score 1,000 Test runs in a calendar year before turning 23.
25.10 / 11:49
markets
UPS
Strategy
Research
show
reports
Income disparity in India has declined 74.2% since FY14, reveals SBI study
income disparity coverage for those earning up to Rs 5 lakh annually between fiscal years 2013-14 and 2022-23, said a State Bank of India (SBI) report on Friday. To paraphrase the «often myth of worsening inequality» in India, the research report from the Economic Department of SBI has analysed the income disparity curves of assessment years (AY) 2014-15/FY14 and AY24/FY23. A comparison of disparity in income during AY15 and AY24 shows that there is a clear rightward shift in the income distribution curve, signifying people in lower income brackets are increasing their income to converge towards their share in population, it said. «Our analysis shows that there has been a cumulative 74.2% decline in income disparity coverage for those earning up to Rs 5 lakh. This shows the continuous efforts of Govt are reaching the bottom of pyramid — that is leading to increase in income of 'lower income group' people,» said the report titled 'How Tax Simplification has given a necessary fillip to ITR Filing'.
25.10 / 11:49
markets
Google
Strategy
Experts
testing
Schools
bowling
Ind vs NZ: New Zealand eye first series win in India, end Day 2 with lead of 301 runs
New Zealand ended Day 2 of the second Test in Pune at 198/5 in their second innings, extending the lead to 301 runs. The Kiwis eye to make history by winning their first Test series in India. Captain Tom Latham led from the front with 86 runs, while wicket-keeper batter Tom Blundell remained unbeaten on 30 at stumps. Washington Sundar, who had picked seven wickets in the first innings, had four scalps in the second essay. Earlier in the day, New Zealand bowled out India for 156 runs in the first innings, taking a 103-run lead.
25.10 / 11:39
markets
Digital
Airlines
security
Strategy
PAM
social
More than 25 flights receive bomb threats on Friday
bomb threats on Friday, according to sources. An IndiGo spokesperson on Friday said 7 of its flights, including 6E 87 from Kozhikode to Dammam, got security-related alerts. The sources in the know said around 7 flights each of IndiGo, Vistara and SpiceJet got the threats while 6 flights of Air India received the threats.
25.10 / 11:39
25.10 / 11:39
markets
COST
Digital
Action
Strategy
PAM
Higher rates, increasing credit costs to temper profits for micro finance cos says S&P
delinquences in India's micro finance sector is expected to increase credit costs to more than 5% in the current fiscal as risks that borrowers will default has increased, analysts at Standard & Poors (S&P) said. Credit costs will ease but will still stay high at more than 3% next fiscal, impacting profitability for micro finance companies as return on average assets (ROAA) will fall by 60 to 65 basis points to 3.85%, the analysts said in a call. One basis point is 0.01 percentage point. Shinoy Varghese, associate director, financial institutions ratings at S&P said delinquences are expected to rise especially in the micro finance industry as lenders tighten their belts after recent regulatory actions.
25.10 / 11:39
markets
Target
Reuters
Strategy
Experts
testing
International
Fearing China's hypersonic weapons, US Navy seeks to arm ships with Patriot missiles
hypersonic weapons to sink ships in the Pacific, the U.S. Navy is moving forward with a plan to arm some of its vessels with Patriot interceptor missiles, two senior defence officials said. One industry official said putting the highly agile Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptors, used primarily in the U.S. by the Army, aboard Navy ships anticipates advances in Chinese missile technology, including the use of highly manoeuvrable hypersonic weapons. Integrating the Lockheed Martin-made missiles with ships' air defences comes amid simmering tension in the Indo-Pacific region as China rapidly modernizes its military, and in the wake of successful missile defense efforts in Ukraine and the Middle East.
25.10 / 10:51
25.10 / 10:31
markets
Strategy
Analysis
Research
trends
Trade
reports
BPCL Q2 Results: Standalone PAT plummets 72% YoY to Rs 2,397 crore
BPCL on Friday reported a standalone net profit of Rs 2,397 crore for the second quarter ended September 2024. This is a fall of 72% from Rs 8501 crore reported in the previous year quarter. Revenue from operations rose by marginal 1% to Rs 1.17 lakh crore in the reporting period as against Rs 1.16 lakh crore in the corresponding period of the previous year.
25.10 / 10:31
markets
Digital
Man
Strategy
community
Experts
PAM
Joke turns into reality for US man; wins $1 million jackpot with odds one in 6 lakh people
George Hurt, a resident of Roanoke, when he struck it rich in the Virginia Lottery scratcher game. With odds exceeding one in 600,000, Hurt's winning ticket was sold at the 604 Minute Market on Cloverdale Road, which locals now consider a lucky hotspot. Timir Patel, the store owner, noted that Hurt had been playing the lottery for 13 years, and his persistence finally paid off with a $1 million prize, transforming an ordinary lunch break into an unforgettable occasion. Hurt opted for a one-time lump-sum payment of $571,000 before taxes, although he hasn’t disclosed any immediate plans for his newfound wealth.
25.10 / 09:07
markets
Strategy
Sustainability
Experts
reports
Schools
Farooq Abdullah urges Pakistan to stop violence, find way to form friendship with India
Farooq Abdullah on Friday said attacks like the one in Gulmarg would continue to occur until India and Pakistan found a way to be friends and that would end Jammu and Kashmir's troubles. Two soldiers and two Army porters were killed on Thursday after terrorists ambushed a force vehicle near Gulmarg in north Kashmir's Baramulla district. Another soldier and a porter were injured in the attack. «Such attacks will continue to take place in this state. You know where they come from and it will not stop until some way is found to get out of this trouble. I have been witnessing it for the last 30 years, innocent people are getting killed,» Abdullah told reporters. «We are not going to become a part of Pakistan. So, why are they doing this? To disrupt our future? To make us poorer?» he asked.
25.10 / 09:07
markets
security
Strategy
country
information
Schools
India-Bangladesh border talks postponed
Border Security Force (BSF) and its Bangladeshi counterpart the Border Guard Bangladesh (BGB) were to be tentatively held between November 18 and 22 in the national capital, the first such meeting after the collapse of the Sheikh Hasina government on August 5. Sources told PTI that the Bangladeshi side informed about the postponement and indicated that they were working on «an early date» for the meeting to be held. Overall, it will be the 55th edition of the Director General (DG)-level talks between the two forces that also includes officials from the home and external affairs ministries, and anti-narcotics, Customs and some other federal agencies from both the countries that have a stake in border management.
25.10 / 09:07
markets
Digital
Strategy
Experts
PAM
reports
How 'Special 700 tourist' GST officers ran a 'Tower of Gold' operation to seize 108 kg of gold in Kerala
unaccounted gold in overnight raids at 78 gold jewellery manufacturing units and wholesale dealers in and around Thrissur, TOI reported. Codenamed Torre del Oro (Tower of Gold), the operation ran from 4:30 PM on Wednesday to 11 AM on Thursday, with more than 700 officials discreetly transported from various parts of the state under the pretense of a leisure trip to maintain confidentiality. GST Special Commissioner Renn Abraham revealed to TOI that the raids targeted a mix of large, medium, and small-scale units, leading to a shocking confession from the owner of one firm who disclosed a suppressed sales turnover of ₹1,200 crore.
25.10 / 09:07
markets
FIVE
Strategy
Inside
reports
Schools
Relationships
When Ben Affleck was caught between two Jennifers at the same place – Jennifer Lopez and Jennifer Garner
According to TMZ, the event, held on a Friday night, saw Garner arriving first at approximately 7 PM. Just five minutes later, Lopez made her entrance, followed closely by Affleck himself. Witnesses noted that all three appeared to be in good spirits as they mingled in the upscale West L.A. neighborhood. Although there were no confirmed reports of conversation between Lopez and Affleck, it was clear that he and Garner engaged in dialogue as they walked inside together. While the presence of both women at the event undoubtedly created an interesting dynamic, the likelihood of a casual catch-up between Affleck and Lopez seemed slim, especially given the recent tensions surrounding their relationship. Lopez filed for divorce from Affleck in August, and the split has been characterized as complicated, particularly due to their joint projects and the absence of a prenuptial agreement. The divorce is currently being mediated by Laura Wasser, who also handled Affleck's earlier divorce from Garner in 2018.
25.10 / 08:27
markets
Strategy
Analysis
Research
Trade
Experts
show
Tube Investments shares drop 2.16% as Sensex falls
Tube Investments of India Ltd. traded 2.16 per cent down at Rs 4623.5 at 01:39PM (IST) on Friday, even as BSE benchmark Sensex dropped 787.68 points to 79277.48. The scrip had closed at Rs 4726.0 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4807.05 and Rs 2885.25, respectively.
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