Wellness Financial News

₹300 crore after busting a busts "whole network of clandestine Mephedrone manufacturing labs" in Gujarat and Rajasthan. Deputy Director General (OEC) Gyaneshwar Singh said in a press release on Saturday that a joint team of the NCB and Gujarat Anti-Terrorist Squad (ATS) conducted raids at three “suspected locations" – Bhinmal in Jalore district of Rajasthan, Osian in Jodhpur, Rajasthan, and Gandhinagar in Gujarat. They recovered 149 kg mephedrone (in powder and liquid form), 50kg Ephedrine and 200 litres Acetone.

ANI. “Severe heatwave conditions are also being faced in Odisha, especially in North Odisha, although not like in West Bengal but severe enough for many days and hence a red alert has been issued for this part too," she said. She further added that currently the temperature is very elevated and above normal in eastern and peninsular India.

Indian Railways has launched an app called unreserved ticket system (UTS) to enable people to buy railway tickets online for travelling up to a specified distance. However, for greater convenience, Indian Railways has also come out with a new ATVM smart card. You can recharge this ATVM smart card online. A railway ticket can very well be booked from the UTS app, but the compelling reason to use a smart card to book a ticket is the extra value of 3% offered on using smart cards. «Smart Card is used to purchase tickets through ATVM. Smart cards can be purchased at booking offices at any suburban station and recharged as per requirements. Commuters get a 3% extra value on every recharge. Smart card Cost is Rs 70/- (Rs 50/- refundable deposit & Rs 20/- recharge value),» said the Western Railway on its website as of April 27, 2024. «Centre for Railway Information Systems (CRIS) has developed a facility for online recharge of ATVM Smart Cards through the UTSonMobile Website. As a result, passengers can now recharge their ATVM Smart Cards online using all digital payment methods,» said the South Eastern Railway in a press release dated August 18, 2021.

1:10 stock split effect: A long-term investor enjoys various other benefits like dividends, bonus shares, buyback of shares, etc. However, some moves by the listed entities don't change the absolute value of investment but they deliver in the long term. A stock split is one such instrument.

Fulton Bank, part of Fulton Financial Corp, would assume nearly all the bank's deposits and purchase its assets to "protect depositors." As of January 31, 2024, Republic Bank reported approximately USD 6 billion in total assets and $4 billion in deposits. The FDIC estimated that the bank's failure will cost its insurance fund about $667 million.

«IT is weak. Banking, you are seeing a bit muted, not so much because of growth or asset quality, but because margins are under some level of pressure,» says Ashi Anand, Founder & CEO, IME Capital. The kind of earnings that we have seen here, globally also there is so much of focus on earnings right now, but then what should one expect? There was one view, one part of the argument was that a heavy earnings or the earnings which could put up a decimal picture like Reliance or maybe IT, those earnings have already gone by now. Look what it looks like now. Can we say the numbers which are yet to report now, the companies which are yet to report numbers now, the growth could moderate here, understanding that the major benefit of the commodity prices environment is largely captured?

«If we go with the rollover data, yes, there was subdued rollover action for Nifty as well as for the Bank Nifty if we compare with the last three-month average as well as with the six-month average,» says Rajesh Palviya, Axis Securities.

Bengaluru's apathy towards voting continues in 2024 as well. On Friday, nearly half of the voters in India's Silicon Valley did not turn up to cast their franchise despite numerous efforts by the Election Commission. Voting for Lok Sabha polls was held in 14 constituencies in Karnataka on Friday, where a 69.23 percent voter turnout was recorded. However, the percentage dropped significantly in three urban constituencies in the city, namely Bangalore Central, Bangalore North, and Bangalore South. The approximate voter turnout in Bangalore Central was 52.81 percent, in Bangalore North it was 54.42 percent, and in Bangalore South it was 53.15 percent. However, the voter turnout in Bangalore Rural was approximately 67.29 percent. Mandya and Kolar had a voter turnout of 81.48 percent and 78.07 percent, respectively.

Markets always tend to climb a wall of worry. And in 2024, investors are grappling with abundant worries. Alongside the looming elections, they now must contend with a fresh geopolitical outbreak in the Middle East. Despite this, most international markets are trading within 5% of their all-time highs. Recent weeks have been dominated by news of strife and armed conflicts. This has led to jitters in foreign flows into Asian equities, impacting India as well. Approximately Rs 25,000 crore has been pulled out by foreign institutional investors from Indian equity markets in April so far.

Reserve Bank of India (RBI) directed Kotak Mahindra Bank Limited (KMBL) to cease with immediate effect from onboarding new customers through online and mobile banking channels and issuing fresh credit cards. The reason given by the RBI for such an action is because serious deficiencies and non-compliances in certain specified areas were observed. «As per the RBI press release, the action against Kotak Mahindra Bank may have been taken more around the information technology security aspects,» says Ashok Hariharan, Co-Founder and CEO, of IDfy, an identity verification company.

Google in 2004 as a product manager. In the years that followed, the Indian-born executive was involved in a number of key projects for the company, including the development of Google Chrome, Android, Google+, Maps, Search and Ads.

Tomorrow's IPL Match: Gujarat Titans (GT) will lock horns with Royal Challengers Bengaluru (RCB) on April 27 at the Narendra Modi Stadium in Ahmedabad. GT, having won 4 out of 9 matches, are at number 7 on the points table at the moment. They have won 2 out of their last 5 matches.

Taylor Swift has now outsold the greatest British boyband of all time, the Beatles! The ‘Lover’ star’s latest album ‘The Tortured Poets Department’ outsold the top ten albums and grabbed the numero uno place on British musical charts on Friday. ‘Poets’ enjoyed the biggest opening week for an album in the UK for seven years. This distinction ties the ‘Look What You Made Me Do’ hitmaker with Madonna as a female artiste with the most UK No. 1 albums in Official Albums Chart history. «No other artist has notched up 12 no. 1 albums in such a short space of time. Taylor Swift has done it in 11 years and 6 months,» the Official Charts Company told Reuters. «This surpasses The Beatles, who managed the feat in 14 years and 1 month,” he said. The album reportedly sold 220,000 units in its first three days and 270,000 units in its first week.

Madhya Pradesh's longest-serving chief minister and BJP stalwart Shivraj Singh Chouhan is likely to play an important role in national politics with Prime Minister Narendra Modi telling an election rally recently that he wanted to «take him to Delhi (Centre)». Chouhan, who was the chief minister from 2005 to 2023, is contesting the Lok Sabha polls from his stronghold Vidisha, an ancient city incidentally located on the Bhopal-Delhi train route. The BJP candidate is up against Pratap Bhanu Sharma, a Congressman who won the seat in 1980 and 1984 on the back of the post-Emergency Indira Gandhi juggernaut and later, the sympathy wave caused by her death. These were the only two occasions when the Congress won the seat since it was created in 1967.

Bharatiya Janata Party (BJP) leader and the former Madhya Pradesh Chief Minister Shivraj Singh Chouhan slammed Indian Overseas Congress chairman Sam Pitroda, for his comments on inheritance tax. As reported by ANI, Chouhan stated that India's culture, traditions, and moral values differ from America. Addressing a public rally in Raisen, Shivraj Singh Chouhan said, “In a country like America, there is a provision that after death, the government (US) takes away 55% of the property.

₹6,500 crore. Despite plenty of turbulence for the NBFC sector in the years after Kinara was founded, assets under management for the NBFC grew 150% between fiscal 2022 and the quarter ended December 2023. Assets under management as of February 2024 was ₹3,113 crore.

stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Strong reports from Microsoft and Google parent Alphabet on Thursday helped propel the S&P 500 to its biggest weekly gain since early November following its first 5% pullback of the year. The S&P 500 is up about 7% in 2024 and some 24% since late October.

Alphabet is tremendously well managed, its free cash flow is absolutely astonishing, and it has a massive R&D budget, so while no one knows what company will have the best AI products, this is a tough one to bet against," said Wayne Kaufman, chief market analyst at Phoenix Financial Services. While the stock breached the $2 trillion level on an intraday basis in 2021, and again earlier this month, this is the first time Alphabet has closed above it. Doing so puts it into rarefied territory — only Apple Inc., Microsoft Corp, Saudi Aramco, and Nvidia Corp.

Lok Sabha elections 2024. Meanwhile, YES Bank is scheduled to announce its quarterly and financial year results for the period ending March 31, 2024. Find below the top events today: Congress general secretary Priyanka Gandhi Vadra is set to hold a campaign rally in Maharashtra's Latur district on Saturday to support Dr.

Beyonce and Nashville’s Renaissance”, an effort has been made to examine country music after Beyonce’s recently released Cowboy Carter. As per the reports, the 42 minute documentary contains interviews of different musicians in the genre of country music and analyses of this genre by different experts. Though Beyonce herself did not participate in this documentary.

MyVest is making it easier for wealth firms to take tax into account as they transition their clients’ portfolios.