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₹522.30 crore, while domestic institutional investors (DIIs) purchased ₹1,208.42 crore worth of stocks on April 1, provisional data from the NSE showed. The Indian rupee is likely to track moves in major Asian currencies this week, while bond and currency traders will keep an eye on the Reserve Bank of India’s (RBI) monetary policy decision due on Friday.

Google plans to destroy a trove of data that reflects millions of users’ web-browsing histories, part of a settlement of a lawsuit that alleged the company tracked millions of users without their knowledge. The class action, filed in 2020, accused Google of misleading users about how Chrome tracked the activity of anyone who used the private “Incognito" browsing option. The lawsuit alleged that Google’s marketing and privacy disclosures didn’t properly inform users of the kinds of data being collected, including details about which websites they viewed.

Indian Railways loaded 1591 million tonnes (MT) freight during financial year 2023-24 up from 1512 MT in the preceding fiscal. According to officials aware of the development, with 79 MT incremental loading, the national transported clocked the highest ever loading for Indian Railways in a fiscal. Records of railway electrification, new lines, and track replacement were also made during the year under review. The Indian Railways electrified 7188 Route Kilometers (rkm), laid new lines at 14.5 kms per day, and replaced 5950 Kms of tracks. Within goods loading, the Railways ferried 787.61 MT of Coal, 180.95 MT of Iron ore, 153.80 MT of Cement, and 114.36 MT as Balance Other Goods.

In the last six months, the stock of tier-2 IT company Persistent Systems Ltd. rose 38%, much ahead of the Nifty IT index’s 10% returns. Investors have rewarded the company’s relatively better revenue growth and robust deal wins.

New EPFO rules: April 1st signals the start of a new financial year in India, bringing along revisions to regulations governing savings plans. Starting April 1, the Employees’ Provident Fund Organization (EPFO) will introduce important changes. According to various media reports, with the new rule, when an individual changes jobs, their old Provident Fund (PF) balance will be automatically transferred to the new employer.

₹7,531 crore in assets under management (AUM), which tracks the performance of the Nasdaq 100 index. Another large passive fund, the Motilal Oswal S&P 500 Index Fund, also remains open for fresh investments. It tracks the broader S&P 500 rather than the Nasdaq 100, which is dominated by US technology stocks.

MAH-MBA/MMS CET 2024 and MAH-MCA CET 2024 will open on April 1, as per the official notice. Essential credentials needed to download the MAH MBA CET 2024 answer key include registered email ID and password. Candidates can raise objections for the next two days until April 3, 2024.

Hi-Tech Pipes, a leading player in Indian piping, were ecstatic with its stock performance in recent years. The stock began its upward rally in June 2022 and has maintained the same momentum to date, yielding a fabulous return of 250%, climbing from ₹40 apiece to the current level of ₹139.75 apiece.

At 9:30 am, the MCX April gold futures were trading at Rs 68,930 per 10 grams, up by Rs 1,253 or 1.85% while May silver futures were trading at Rs 75,787 per kg, higher by Rs 739 or 0.98%. Track prices here

Post 1991 reforms, stifling micro-regulation and directed credit gave way to allowing banks more freedom, deregulating interest rates, allowing greater, though limited, freedom in the forex market, issuing licences to private banks, and, more recently, presiding over the digitisation of financial transactions and entry of fintechs. From the time when it was derisively referred to as no more than a section of the finance ministry-BK Nehru, India's ambassador to the US in the 1960s, reportedly turned down the post of RBI governor, saying the bank lacked independence — to more recent times, when sitting and former finance secretaries to GOI vie for the job, RBI has come a long way.

During the past decade (2013-14 to 2022-23), India’s annual total investments have ranged between 30% and 34% of GDP, barring a dip to 28% of GDP in 2020-21. This is if we measure this proportion using current prices or nominal data (let us refer to it as the ‘nominal investment ratio’). Usually, all ratios— investment, savings, fiscal deficit, current account balance, corporate profits, et al—are measured in nominal data or at current prices.

SRM Contractors is likely to finalise the share allotment on Sunday. The issue was booked 86 times at close on strong interest from non-institutional investors. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar's website. Firstly, here's how you can know the status on BSE

BJP on Sunday slammed the opposition INDIA bloc's rally at Ramlila ground here, saying it is not a «save democracy» meeting as projected but a "save family" and "hide corruption" rally. BJP spokesperson Sudhanshu Trivedi cited corruption cases of a host of leaders, including those from the Congress, DMK and the RJD, to assert that all these charges date back to pre-2014 period amid the opposition's accusation that the Modi government is implicating them in graft probes due to its political vendetta. Ramlila ground once hosted «India against corruption» movement under the leadership of Anna Hazare, Trivedi said, adding that it is hosting on Sunday a rally for «everybody with corruption». People who trashed many leaders as thieves and crooks have joined hands with them, and it is a strange and startling sight, he said, in an apparent reference to the coming together of the Aam Aadmi Party with other opposition parties.

Anshul Saigal, Founder, Saigal Capital, says While public sector banks trade at about 1 to 1.5 times book on price to earnings basis, 5 to 10 times price to earnings, on a ROE basis, the outlook over the next one to two years for PSBs will be 15-16%, which is where the private sector banks are as well. With 15-20% earnings growth, private sector banks are in a similar range. Now, if valuations are materially attractive as compared to private sector banks, then in absolute return terms, PSU banks should deliver better returns as compared to private sector banks. Of course, if you want to prevent downsides and volatility, then the larger private sector banks are the place to hide.

A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease

trailer launch of Imtiaz Ali's upcoming musical, 'Amar Singh Chamkila.' Singing alongside co-star Diljit Dosanjh, Parineeti's performance garnered a range of reactions from netizens. During the event, Parineeti sang a Punjabi track, drawing both criticism and praise. Some users on Instagram sarcastically commented, «Nice hidden talent...keep it hidden,» while others humorously referenced classic songs to critique her singing. One user bluntly stated, «One word for her singing: STOP.»

@trains.of.bharat, is a trainspotter’s delight, with videos of WDG-4Gs and WDS-6s thundering past platforms and the clickety-clack of wheels on tracks. To him, railway staff such as loco pilots and guards, who guide thousands of people to different destinations everyday, “are actually heroes similar to army jawans." Kannan too describes memorable conversations with motormen and invitations to peek into the locomotive’s cabin. “Motormen are very friendly and will happily explain controls and dials.

Jerome Powell repeated that the US central bank isn't in any rush to cut interest rates. «We don't need to be in a hurry to cut,» Powell said Friday at an event at the San Francisco Fed. Fresh inflation data released earlier is «pretty much in line with our expectations,» he said. But Powell reiterated it won't be appropriate to lower rates until officials are confident inflation is on track toward their 2% goal.

Pixel Watch 3. Codenamed G1QME, the device is rumored to boast a 307mAh battery, a modest improvement from the Pixel Watch 2's 304mAh. Google seems keen on refining its wearable lineup, as evidenced by the incremental battery upgrades seen across successive generations.

US stocks ended on a positive note amid expectations that the world’s biggest economy will be able to achieve a soft landing. Japanese, South Korean and mainland Chinese stocks also rose, with much of the region, including Australia, Hong Kong and Singapore closed for a public holiday.

Global Capability Centres (GCC) — the first draft of which is expected in June — top executives told ET that the policy should include investment in the growth of infrastructure in tier 2 cities through initiatives like Beyond Bengaluru. Local incentives on new and renewed investments based on employment creation in the State is another top suggestion. Industry leaders said that there should be single window approval cells and fast track resolution on issues reported. The policy should provide a mechanism for the industry to address requirements from various wings of the State government, they said.