WhatsApp Financial News
17.03 / 13:17
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NYT Strands #379 for March 17: Today's answers, hints, puzzle theme, and spangram breakdown
spangram. If you're struggling with today's challenge, don't worry—we have hints, clues, and the final answers right here.
17.03 / 12:47
Provident
Sustainability
Enterprise
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prevention
Religare Enterprises seeks governance review, funding from Burman family
Religare Enterprises on Monday said its board is seeking a governance review of the company and its units, and has also approached the billionaire Burman family for funding support after they took control of the company last month. The Burman family, who founded and control consumer goods conglomerate Dabur India, acquired control of the financial services provider in February after a 17-month takeover battle. The objective is to review past operating practices, suggest improvements and to identify any potential instances of misconduct by certain current and/or former employees of Religare and its units, the company said in an exchange filing. Religare also said it observed a «cash-flow gap» over the next few months and has decided to approach the Burmans for immediate funding support to sustain the operations of the company. The company did not specify details regarding the extent of the funding.
17.03 / 12:47
UPS
Target
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Net direct tax collection till March 16 up 13.13% to 21.26 lakh
net direct tax collections to comfortably meet the upwardly revised target of Rs 22.37 lakh crore by the end of this fiscal. Net direct tax collections from April 1, 2024, to March 15, 2024, stood at Rs Rs 21.26 lakh crore, up 13.13% year on year, boosted by total advance tax collections of Rs 10.44 lakh crore, up 14.62%, official data released Monday said. The advance tax collection for the March quarter of Rs 2.94 lakh crore Corporates have paid Rs 7.57 lakh crore advance tax and individuals, firms and LLPs have paid Rs 2.87 lakh crore as advance tax from April to March 15 period. Out of the net direct tax collections corporate tax stood at Rs 9.69 lakh crore and personal income tax stood at Rs 11.01 lakh crore.
17.03 / 11:57
Provident
WhatsApp
information
EPFO achieves historic high of 2.16 crore auto-claims in FY25
The minister in a written reply in the Lok Sabha informed that the auto-mode claims are processed within three days. Employees' Provident Fund Organisation (EPFO) has taken several steps to streamline the process of claim settlement. For auto mode processing of advance claims, the amount limit has been enhanced to Rs 1 lakh. Further, in addition to illness/hospitalization advances, the advances for housing, education and marriage are also enabled for auto mode processing.
17.03 / 10:09
markets
COST
UPS
Manufacturing
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Tata Motors to hike commercial vehicle prices up to 2% starting 1st April, 2025
Tata Motors announced on Monday a price increase of up to 2% across its entire commercial vehicle range, effective from 1st April 2025. The decision comes as a response to the rising input costs, which have been affecting the automotive industry globally. The price hike will be model and variant-specific, meaning the exact increase will vary depending on the vehicle. «Tata Motors, India’s largest commercial vehicle manufacturer, today announced a price increase of up to 2%, across its commercial vehicle range, effective 1st April 2025. The price increase is to offset the rise in input costs, and will vary as per individual model and variant,» the company said in an exchange filing.
17.03 / 09:01
UPS
Digital
Aware
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cover
reports
Digital lifestyles, work pressures impacting sleeping patterns: Survey
Great Indian Sleep Scorecard (GISS) 2025 survey by D2C sleep and home solutions company Wakefit. Indian women tend to have more irregular sleeping patterns. Nearly six in ten (59%) sleep past 11 pm, with half waking up feeling fatigued, compared to 42% of men. While 9% of men report waking up three or more times every night, the figure stands at 13% for women. The survey covered 4,500 responses across India between March 2024 and February 2025. It is aimed at highlighting shifting sleep behaviours and their potential repercussions on daily life. The survey found digital habits are having a direct bearing on sleep. More than eight in ten (84%) respondents use their phones just before going to bed, leading to fragmented rest and delayed sleep onset. More than half (51%) pit the blame of their sleepless nights on binge-watching and late-night scrolling, leading to nearly six in ten feeling sleepy at work. With nine in ten respondents, phone usage before bedtime is most prevalent among the 25-30 age cohort.
17.03 / 09:01
UPS
Racing
WhatsApp
show
prevention
Rail budget no record breaking but failed budget; opposition slams Rail ministry in Lok Sabha
failed budget". She said the present government was creating a narrative that every development started after 2014. But the «devil lies in details» and available facts show that the financial health of the public carrier was in a bad shape and it was on «ventilator». She alleged that revenues were falling and making (Instagram) reels will not help in any way. According to her, the Railways was the only one in the race and it still stands at the runners up position and not the top. She wondered whether the Railways like all profit making public entities would also land up with the «friends» (mitra) of the ruling dispensation. Gaikwad alleged that the rail kavach developed to prevent accidents was being used by the minister to protect himself and not passengers and the trains. She said he continues in office despite a series of accidents under his watch.
17.03 / 08:15
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President
Justice
information
Courts
SC seeks Centre's reply on PIL challenging current CAG appointment procedure
Centre for Public Interest Litigation, and tagged it with the pending matter on the same issue. Advocate Prashant Bhushan, appearing for the NGO, said that the question is of independence of the institution and alleged that audits by CAG of states like Maharashtra, where the BJP is in power, are being stalled.
17.03 / 08:15
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Bank operations likely to take a hit on March 24th, 25th as union calls for a protest
The protest is expected to disrupt bank operations on both days. United Forum of Bank Unions is an umbrella of nine unions. UFBU comprises of All India Bank Employees Association, (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Congress (INBEC), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO).
17.03 / 08:15
Parke
WhatsApp
country
Six sites added to India's tentative list by UNESCO's World Heritage Centre: Gajendra Singh Shekhawat
Mudumal Megalithic Menhirs in Telangana and palace-fortresses of the Bundelas in Madhya Pradesh and Uttar Pradesh, have been added to India's tentative list by the UNESCO's World Heritage Centre, Union Minister of Culture and Tourism Gajendra Singh Shekhawat said on Monday. Other sites included in the list are Kanger Valley National Park in Chhattisgarh, Ashokan Edict Sites along the Mauryan Routes (multiple states), Chausath Yogini temples (multiple states) and Gupta temples in north India (multiple states), the minister said in the Lok Sabha. Shekhawat said this while replying to a suggestion by BJP MP Sambit Patra to take the initiative to include Puri's Jagannath Rath Yatra in the UNESCO's list of Intangible Cultural Heritage. Shekhawat said it was a good suggestion given by Patra. The six new sites were added to the list on March 7, the Permanent Delegation of India to UNESCO said in a statement. Addition to the World Heritage Centre's tentative list is mandatory if a property is to be nominated for inscription to the World Heritage List in future.
17.03 / 08:15
Manufacturing
WhatsApp
President
country
Bangladesh's Chief Adviser Muhammad Yunus to visit China, will meet President Xi Jinping
Issues related to bilateral interest will be discussed in the meeting between Yunus and Xi, Alam said. Dhaka wants to take its relations with Beijing to a new height aiming to turn Bangladesh into a manufacturing hub, he said. «They (China) think that this would be the most important visit by the Bangladeshi leader,» Alam added. «On March 27, Yunus will address the Boao Forum for Asia (BFA) conference focusing on the changing role of Asia in the world,» he said.
17.03 / 06:49
markets
Citi
WhatsApp
President
social
BJP TN chief Annamalai, party leaders detained over protest against TASMAC scam
BJP Tamil Nadu president K Annamalai and many functionaries were detained here on Monday by the police ahead of the party's protest against the alleged irregularities in state-run liquor retailer TASMAC. The saffron party had announced a picketing protest of the TASMAC headquarters in the city over the alleged Rs 1,000 crore irregularities, as claimed by the Enforcement Directorate (ED) recently. Annamalai, clad in a black shirt, was detained near his house along with his supporters by the police. In a social media post, the BJP state chief alleged senior party leaders including Tamilisai Soundararajan have been placed «under house arrest» by the police. Mahila Morcha chief and Coimbatore South MLA Vanathi Srinivasan, Vinoj P Selvam and Amar Prasad Reddy were among the senior functionaries detained. Annamalai said there have been «irregularities of Rs 1000 crore,» in the Tamil Nadu State Marketing Corporation (TASMAC) and asserted the party will continue to protest on the matter.
17.03 / 06:49
Provident
Target
WhatsApp
Food
show
reports
India's wholesale inflation quickens to 2.38% in February from 2.31% in January
wholesale inflation quickened to 2.38 per cent in February on an annual basis, as against 2.31 per cent in January, government data showed on Monday. As per data released by the centre earlier this month, India’s retail inflation eased to a seven-month low of 3.61% in February, down from 4.31% in January. The decline was largely driven by lower food prices, with food inflation—comprising nearly half of the Consumer Price Index (CPI) basket—falling to 3.75% in February from 5.97% in January. ALSO READ:India’s retail inflation eases to a seven-month low of 3.61% in Feb, thanks to cooling food prices
17.03 / 06:03
security
WhatsApp
Transformers and Rectifiers secures orders worth Rs 726 crore
Transformers and Rectifiers on Monday said it has secured orders worth Rs 726 crore for supply of auto transformers and bus reactors from Gujarat Energy Transmission Corporation. The work shall be completed within 18 months from the date of issuance of the Letter of Intent (LOI), according to a regulatory filing. Transformers and Rectifiers (India) Ltd has secured orders amounting to Rs 726 crore from Gujarat Energy Transmission Corporation Ltd, the statement said. The total order value received is Rs 726 crore, including GST, the statement said.
17.03 / 06:03
17.03 / 06:03
UPS
Enterprise
WhatsApp
Mercantile
Trade
Sensex rises! These stocks are up over 10% on BSE
Stocks that rallied over 10% included, KPT Industries(13.00%), Lypsa Gems(12.85%), Anuroop Packaging(12.85%), Paramount Cosm(11.95%), Narendra Prop(11.86%), Reliable Data Services(11.71%), Ceeta Ind(11.00%), Mercantile Ventures(10.66%), Sika Interplant(10.62%) and Crane Infrastructure(10.62%).
17.03 / 05:39
UPS
Enterprise
WhatsApp
Mercantile
Trade
Sensex rises! These stocks are up over 15% on BSE
Niraj Cement(up 20.00%), Frontline Corp(up 19.01%) and Yogi Infra Proj(up 17.24%) were among the stocks that surged over 15%.
17.03 / 05:39
UPS
WhatsApp
TikTok
social
reports
Videos
fencing
TikTok becomes a tool of choice in cat-and-mouse game between migrant smugglers and authorities
TikTok in 30-second flashes. Migrants trek in camouflage through dry desert terrain. Dune buggies roar up to the United States-Mexico border barrier. Families with young children pass through gaps in the wall. Helicopters, planes, yachts, tunnels and jet skis stand by for potential customers. Laced with emojis, the videos posted by smugglers offer a simple promise: If you don't have a visa in the U.S., trust us. We'll get you over safely.
17.03 / 05:39
17.03 / 05:39
markets
Reuters
Aware
WhatsApp
country
State Bank of India shelves $1.7 bn fund raising as yields elevated, sources say
State Bank of India, the country's largest lender by assets, is shelving plans to raise funds this fiscal year, discouraged by elevated bond yields despite a policy rate cut and liquidity boost from the central bank, three sources aware of the matter said on Monday. The bank had planned to raise as much as 150 billion rupees (about $1.7 billion) through sale of bonds before the end of March, but will now tap the market in the next financial year that starts in April, the sources said. «The bank has been waiting for an opportune time to enter the market, but yields have stayed high for the last several weeks, and hence the bank is avoiding tapping the market in the near term,» one of the sources said.
17.03 / 04:45
UPS
WhatsApp
Sony
Trade
Sensex rises! These stocks are up over 5% on BSE
Among these top gainers were ECS Biztech(up 10.00%), BNR Udyog(up 10.00%), Soni Medicare(up 9.98%), Valson Ind(up 9.97%), Bervin Invst(up 9.97%), Binani Ind(up 9.94%), Zenlabs Ethica (up 9.78%), India Lease Dev(up 9.75%), SecMark Consultancy(up 9.63%) and Step Two Corp(up 9.60%).
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