UPS Financial News

₹2 crore (in compensation), while SCDRCs handles cases between ₹50 lakh and ₹2 crore. District consumer dispute redressal commissions (DCDRC) have jurisdiction over cases that entail up to ₹50 lakh in compensation.

China has ramped up its digital yuan work over the last year, while the ECB is now in the preparation phase for a digital euro and India is seeing a million transactions per day processed by commercial banks throughout the country for the digital rupee. Yet in the US, the Federal Reserve has been cautious about pushing ahead with pilots and several governors have expressed scepticism about the need for a CBDC. This month, Donald Trump vowed to prevent the creation of a digital dollar if he wins the US presidential election, calling a CBDC a "dangerous threat to freedom". Josh Lipsky and Ananya Kumar from the Atlantic Council’s GeoEconomics Centre warn that technological payments innovation at the Fed is lagging behind its peers and competitors.

ALSO READ: Ajit Pawar's NCP slams ally CM Eknath Shinde's 'eyewash' response to Maratha quota demand Activist Manoj Jarange on Saturday called off his indefinite fast for Maratha quota after the Maharashtra government accepted his demands, with chief minister Eknath Shinde announcing that till Marathas get reservation, they will be given all the benefits enjoyed by the OBCs. A draft notification was issued by the government following negotiations with Jarange, stating that blood relatives of a Maratha person, who has records to show that he belongs to the agrarian Kunbi community, would also be recognised as Kunbi.

Also Read: Australia vs West Indies: Sinclair celebrates first Test wicket with a cartwheel backflip | Watch video At the dinner break on Sunday, Australia was 187-8 with Steve Smith unbeaten on 76, and seemingly holding the key for victory for the hosts, which lost six wickets in the first session. Nathan Lyon was not out on five, with only Josh Hazlewood left to bat for Australia. After being helped off the ground with what appeared a badly injured toe from a searing Mitchell Starc yorker from the final ball of West Indies' second innings on Saturday, Joseph returned with a stunning spell of fast bowling to breathe life into the tourists' push for a famous test victory against Australia.

SINGAPORE (Reuters) -Small Chinese investors are scrambling even harder than foreigners to exit the country's crumbling stock markets, sending premiums on global index funds skyrocketing as they search for exposure to anything but the sputtering domestic economy.

TORONTO—When Metin Sozen’s Honda CR-V was stolen in Montreal in April, a police officer suggested he bid adieu to his car. “She told us our car is probably on its way to Africa," said Sozen, an illustrator who lives in Sleepy Hollow, N.Y. Sozen’s car was one of the thousands that were stolen in Canada last year, many of which were loaded into shipping containers and smuggled from the Port of Montreal to distant ports in Africa and the Middle East.

Munawar Faruqui secured the winner's title for the 17th season of the widely popular reality show, 'Bigg Boss.' Known for his witty one-liners and captivating presence, the stand-up comedian not only claimed the coveted trophy but also bagged a substantial prize of Rs 50 lakh.

Last week at Davos, a group of self-declared rich people demanded that elected politicians force them to pay more tax. The “patriotic millionaires" group announced in a letter, signed by 260 of them, that they would be “proud to pay more" if it were to make for better societies. They also insisted that they were not alone in wanting to pay more.

By Benjamin Mallet and Sudip Kar-Gupta

Follow LIVE Updates in Bihar politics here He joined hands with the Bharatiya Janata Party (BJP) and its partners to form a new government in the state. It was only around a month-and-a-half years ago that Nitish Kumar had collaborated with the Mahagathbandhan, ditching the BJP-led National Democratic Alliance (NDA). However, it is again a different story today, January 28, 2024).

₹15 trillion mark soon after the Supreme Court judgement. The Adani group has already invested close to $1 billion in the Navi Mumbai airport to operationalize the first of the four planned passenger terminals by December 2024.

₹25,000 (self and family) to ₹50,000, while raising this further for senior citizens. However, no view on this has been taken so far, the people cited above said. Separately, digital banking units (DBUs) may be allowed to provide more financial products, including insurance policies and other products, to advance financial inclusion.

Investing.com — Here is your Pro report of the upcoming major earnings releases next week: Apple, Microsoft, General Motors, Amazon, and Mastercard.

Meta Platforms is hoping Apple’s launch of the Vision Pro can reinvigorate its $50 billion metaverse effort, which consumers have yet to widely embrace. The social-media company wagered its reputation on the technology in 2021, changing its name to reflect an expansive vision that the future would rest in immersive virtual worlds. Three years later, Meta’s Reality Labs division accounts for less than 1% of overall revenue, and the company has struggled to expand the cache of its Quest devices beyond a niche market.

By Jamie McGeever

₹4,500-4,800 crore (around $600 million). This is far lower than the price Byju’s paid in 2021 when it acquired Aakash for around $950 million. Many others, including those participating in Think & Learn’s upcoming rights issue, have also expressed concern at the lowered valuation of Aakash, the people cited above said.

submitted my resignation to the Governor and requested the Governor to dissolve the government. The situation came to this pass as the state of affairs within the ruling alliance in Bihar wasn't good. I sought the advice and opinions of everyone before coming to this decision.

₹5,183 crore for the current quarter, reflecting a 3 percent increase compared to the corresponding quarter in the previous fiscal year, as per analysis by several brokerage firms. Concurrently, revenue is anticipated to experience growth, reaching ₹17,425 crore. Also read: Bajaj Finance Q3 results: NII likely to rise 26% led by strong AUM growth, say analysts The anticipated EBITDA is expected to hover around ₹6,482 crore, reflecting a year-on-year increase of approximately 4 percent.

University Grants Commission (UGC) has issued draft guidelines for de-reserving vacancies meant for scheduled caste (SC), scheduled tribe (ST) and Other Backward Class (OBC) candidates in higher education institutes (HEIs) and open them up for the general category if enough reserved candidates are not available, news agency PTI reported Sunday. The last date for providing public opinion ends today.

The internet, our smartphones and the mechanics of social media have irreparably altered friendship. In late December, Melissa Cabrera was enjoying her day, cooking, cleaning and creating a vision board for the new year. Her friend kept up with her on a video call throughout those activities—for over eight hours.

Karnataka Bank for ₹100 crore. "The Board of Directors of Karnataka Bank on January 27, 2024 had approved to issue, offer and allot 37,72,730 equity shares of face value of ₹ 10/- each fully paid-up at a price of ₹ 265.06/- per equity share, amounting to an aggregate value of up to ₹ 100 crore," the company said in an exchange filing. Also read: Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard The Board of Directors of Karnataka Bank has granted approval for the infusion of an additional equity capital of ₹700 crore.