Wellness Financial News
03.09 / 20:15
COST
UPS
Aware
security
wellness
country
Adani Power to invest Rs 18,000 crore to triple Kawai Plant capacity
thermal power producer, Adani Power, is planning to more than triple the capacity of its Kawai power plant in Rajasthan with an investment of up to ₹18,000 crore, said sources aware of the development. The current capacity of the plant is 1,320 MW, which will be expanded in two phases of 1,600 MW each, taking it to 4,520 MW over the next few years. Kawai is located in the Atru Tehsil of Rajasthan's Baran district. The company has already given a ₹10,000 crore order to Bharat Heavy Electricals Ltd to execute the expansion plan. Adani Power did not respond to an email seeking comment.
03.09 / 19:05
WhatsApp
community
wellness
country
classical
gatherings
PM Modi in Brunei, visits Omar Ali Saifuddien Mosque
Brunei on Tuesday took a trip of the iconic Omar Ali Saifuddien Mosque in capital Bandar Seri Begawan boosting the soft power quotient of the growing partnership in the Indo-Pacific region. The Prime Minister was received by Brunei's Minister of Religious Affairs Pehin Dato Ustaz Haji Awang Badaruddin. Brunei's Minister of Health Dato Dr. Haji Mohammad Isham was also in attendance. A gathering of Indian community members were also present to greet the Prime Minister. The mosque is named after Omar Ali Saifuddien III, the 28th Sultan of Brunei (father of the current Sultan, who also initiated its construction), and was completed in 1958. Earlier upon his arrival, PM Modi inaugurated the new Chancery premises of the High Commission of India in Brunei.
03.09 / 18:50
UPS
Target
Mobile
Highways
wellness
Department
Finance minister Nirmala Sitharaman asks ministries to set quarterly capex targets
Nirmala Sitharaman called on various ministries and departments to expedite capital spending and set quarterly targets. On Tuesday, Sitharaman chaired the first of a series of meetings lined up to review the productive spending, and the resultant asset creation, across infrastructure and other ministries. She held meetings with the ministries of road, transport and highways, and communication. She asked them to meet the targets well on time to make up for the decline, witnessed in the first and second quarters of this fiscal, in the third quarter itself, the finance ministry said in a statement.
03.09 / 18:30
markets
UPS
Provident
Strategy
wellness
Schools
Here's an RESP strategy for parents and grandparents that goes beyond the basics
Registered education savings plans (RESPs) are used to save for and fund post-secondary education expenses. Most people know the basics, such as how the government deposits grants to the account to match your contributions. But a good RESP strategy goes beyond the basics and considers the type of account, the investment opportunities, and the tax and estate implications.
03.09 / 16:51
markets
FIVE
ETF
Strategy
Remark
wellness
International
Equity returns: How much should you really expect?
My client was very happy with his portfolio returns. Over the last two years, he had made a cool 30% internal rate of return (IRR).
03.09 / 16:49
WhatsApp
wellness
performer
International
Congress fired even heavyweight CMs in the past, Siddaramaiah’s chair is shaky: Basavaraj Bommai
Karnataka Chief Minister Siddaramaiah’s position has become shaky because of the internal confusions in the ruling Congress as well as the non-performance of the government over the past year, former Chief Minister and BJP Lok Sabha member (Haveri) Basavaraj Bommai said on Tuesday. Triggering instability while claiming everything was hunky dory was part of politics. This situation has now led to leaders openly expressing a desire to occupy the CM’s chair, the senior BJP leader told the media at Gadag, a major town in his Lok Sabha constituency. The jostling among the Congress leaders had given the impression that the coveted post has become unstable. «While they claim everything is fine, internally there is political backstabbing,» Bommai said, referring to how some of the heavyweights in the Congress party were removed overnight. He gave the examples of the way the late leaders, Veerendra Patil, D Devaraj Urs, R Gundu Ro and S Bangarappa were shown the door despite being formidable leaders with a large following. This kind of politics would continue, he said.
03.09 / 16:45
Aviat
wellness
stage
social
consequences
'Like in Sri Lanka and Bangladesh': Congress warns govt over protests in Kenya against Adani's airport deal
The Congress party today said that protests in Kenya over Adani Group's proposed takeover of Nairobi airport is a matter of grave concern as it could turn into anger against India. «The proposed takeover of Nairobi airport by the Adani Group has sparked widespread protests in Kenya. The Kenya Aviation Workers Union has called for a strike to protest. This is a matter of grave concern for India, as the non-biological prime minister's friendship with Adani is now world-famous. The ongoing protests there could easily turn into anger against India and the Indian government,» Congress leader Jairam Ramesh said in a post on social network X (formerly Twitter).
03.09 / 16:44
Gap
economy
Opinion
wellness
President
performer
Courts
No significant boost from DNC: Harris is ahead of Trump by only 4 points in U.S. Polls
According to a recent ABC News/Ipsos survey, which was released on Sunday, Harris led Trump among all adults and registered voters 50 per cent to 46 per cent. Harris had a 52 per cent to 46 per cent advantage over Trump among likely voters. The results are comparable and statistically unchanged from an August poll, according to pollsters. Before the convention, an ABC News, Washington Post, and Ipsos poll found that among registered voters, Harris had 49% support and Trump had 45%. Everybody's eyes were on the polls that were made public after the Democratic National Convention last month to see if the vice president would gain ground after the convention, as some candidates have in the past. Starting on August 23, the day following the convention's last night, a poll was conducted. Pollsters noted that Harris widened the gender gap, even though most of the numbers were essentially unchanged from before the Democratic convention. Regarding women, Harris had a 13-point advantage (54% versus 41%), while Trump had a 5-point advantage (51% versus 46%). According to pollsters, Harris had a 6-point advantage over women before the convention.
03.09 / 15:48
03.09 / 15:42
UPS
Provident
Waters
Adventure
wellness
travelers
Camping essentials buying guide: Enjoy safe and unforgettable adventures in nature's lap
Travel gadgets buying guide: Our top picks of essential tech for your adventures, including power banks and headphonesYour accommodation is sorted with a tent, but one can not sleep on the floor. When you are camping in or travelling through the wilderness, threats are present in every corner. Multiple bugs and insects can make your experience unpleasant and sour.
03.09 / 15:12
UPS
Target
security
wellness
show
reports
Department
Why this class of companies is waiting for more corporate failures
₹48,000 crore to J.C. Flowers Asset Reconstruction Pvt. Ltd in December 2022 for ₹11,183 crore.
03.09 / 14:33
WhatsApp
Food
wellness
Trade
India notifies 8,606 tn of raw cane sugar exports to US under tariff-rate quota
tariff-rate quota (TRQ) scheme to the US for the October 2024 — September 2025 period. Shipments under the TRQ enjoy relatively lesser customs duties. After the quota is reached, a higher tariff applies to additional imports. «The quantity of 8,606 MTRV (metric tonnes raw value) of raw cane sugar to be exported to USA under TRQ scheme from 01.10.2024 to 30.09.2025 has been notified,» the Directorate General of Foreign Trade (DGFT) said in a public notice. A similar quantity was notified in January also.
03.09 / 13:50
UPS
Provident
economy
Enterprise
wellness
pandemic
Households likely to build back financial assets as incomes rise, says RBI Dy Guv Michael Patra
Households, which have recently brought down their net financial savings sharply, are likely to build back their financial assets as rising incomes provide a boost going ahead, Reserve Bank of India deputy governor Michael Patra said on Tuesday. “This process has already begun – households’ financial assets have increased from 10.6 percent of GDP during 2011-17 to 11.5 per cent during 2017-23 (excluding the pandemic year),” Patra said at an event organised by the Confederation of Indian Industry here. “Accordingly, households will remain the top net lenders to the rest of the economy in the coming decades,” he said.
03.09 / 10:51
03.09 / 08:53
markets
UPS
IPO
economy
Election
wellness
Cycling
Time to be cautious for near time; moving from small & midcaps to largecaps for steadier growth: Mahesh Nandurkar
«We are moving some part of the money from smallcap, midcaps into the largecaps, turning a bit more defensive from a near-term perspective. I personally believe that the economic growth driven by investment cycle is very much on a strong footing,» says Mahesh Nandurkar, Jefferies. What is your view on the market and what exactly are you communicating to your clients after the Union Budget and ahead of US elections? Mahesh Nandurkar: So, what we have been communicating to investors and what has been our strategy is that over the last couple of months we have toned down the risk or the beta factor in our portfolios.
03.09 / 08:52
UPS
Platform
Action
Strategy
wellness
country
information
Climate change: It’s imperative to wage an evidence-based battle
For decades, climate scientists have been warning governments—and society at large—about the impact of climate change, especially the increased frequency and intensity of a range of nature-related disasters. Today, we are witnessing these unfold as news media headlines scream, almost on a daily basis, about how climate change has exacerbated disasters.
03.09 / 07:52
markets
WhatsApp
wellness
reports
AIPL to take rental portfolio to 5 million sq ft
AIPL plans to take the rental portfolio to nearly 5 million sq ft with multiple retail and office complex under construction, a senior executive said. Majority of the company’s commercial project are in Delhi-NCR while some are in Punjab as well. The company currently operates 1.4million sq ft and by Q2 2025, two projects, AIPL Statement and AIPL Autograph having total leasable area of 3.5 million sq ft would be ready.
03.09 / 07:15
UPS
Racing
Election
wellness
President
Justice
Department
A decision on a major policy shift on marijuana won't come until after the presidential election
A decision on whether to reclassify marijuana as a less dangerous drug in the U.S. won’t come until after the November presidential election
03.09 / 06:46
UPS
Citizens
wellness
students
Justice
Colleges
Junior doctors continue sit-in near Kolkata Police HQs, demand CP's resignation
Kolkata Police headquarters Lalbazar demanding the resignation of police commissioner Vineet Goyal, stayed put at nearby B B Ganguly Street even on Tuesday morning, more than 12 hours after they were stopped from marching further. The doctors, who were joined by several common people as well as students from other educational institutions spent the entire Monday night on BB Ganguly Street, around half a kilometre away from Lalbazar. A huge contingent of Kolkata Police officers remained on guard on the other side of the barricade built with guardrails chained together and locked with padlocks. The junior doctors had placed the replica of a spine and red roses on the barricade. The replica is to emphasise the duty of the police force to protect citizens, they claimed.
03.09 / 06:41
Extreme
security
community
wellness
country
Interviews
Relationships
Time ripe for India-Singapore bilateral relations to raise to next level: EAM S Jaishankar
Prime Minister Narendra Modi has chosen to visit Singapore so early in his third term," The Straits Times quoted Jaishankar as saying in an interview. He said that India and Singapore's bilateral ties «have been extremely strong in the last two decades». Just like Singapore had an opportunity in 1992 and then again in 2006, it should seize the moment and fully utilise the new landscape, the minister said.
03.09 / 06:36
markets
IPO
Aware
wellness
Experts
recommendations
rights
Why SME IPO investors need to tread carefully? Neeraj Dewan explains
«So, some will burn their fingers and some, based on the awareness exercise, will become aware and start investing in more high-quality names rather than investing in any other second IPO which is coming,» says Neeraj Dewan, Market Expert. Let us get a comment from you also going on this SME hullabaloo. Some are calling it casino, some are calling it gambling den, some are calling in Hindi juye ka adda. What is happening there? Neeraj Dewan: Definitely the kind of frenzy which is there and we have seen these cases of small companies getting 100x, 200x, 400x kind of subscription amounts. So, one has to be careful, but what can be done according to what I understand is that there should be some awareness exercise which can be initiated, whether it is the regulator or whether it is the market experts, whether it is the media channels.
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