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Showing posts from August, 2024

UPPSC Staff Nurse admit card 2024 released at uppsc.up.nic.in: Direct link, steps to download

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The Uttar Pradesh Public Service Commission has issued admit cards for the 2023 Staff Nurse (Ayurved and Unani) exams. The UPPSC Nurse Exam 2024 will occur on September 8, 2024, in two sessions, for 327 vacancies. Candidates are urged to download their admit cards from the UPPSC website expediently. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/V13qF5Y

India to become largest software developer by 2027, AI fueling economic boom: GitHub CEO

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More reforms can push growth to 8%: Roubini

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Q1 bump tied to polls, confident GDP growth will hit 7.2%: RBI guv

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RBI Governor Shaktikanta Das anticipates that India's GDP growth will meet the projected 7.2% for this financial year, driven by favorable monsoon conditions and higher government spending. The first-quarter growth dipped to 6.7% due to reduced government expenditure related to elections. However, he remains optimistic about achieving the annual projection. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CiJ2QIw

BPCL mulls major expansion, sees energy demand quadruple by 2047

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Bharat Petroleum will set up a new refinery and invest Rs 1.7 lakh crore to expand existing capacity, launch petrochemicals, gas, and new energy ventures. BPCL aims to meet 10% of India's energy needs, projected to quadruple by 2047, as part of 'Project Aspire', aligning with India's energy goals. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3kOPrWt

April-June GDP growth falls to 5-quarter low of 6.7%

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In the April-June quarter, India's GDP growth slowed to 6.7%, the lowest in five quarters. The farm and services sectors remained sluggish, while manufacturing and construction were resilient. Despite the slowdown, strong domestic demand and government spending kept India as the fastest-growing major economy. The finance ministry expects sustained growth of over 7% in the medium term. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uP05jW6

Finance ministry cuts minimum public float need for IFSC listing

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The finance ministry has adjusted the minimum public float requirement from 25% to 10% to attract companies to list on stock exchanges at IFSC, Gandhinagar. This policy change is intended to match global standards, easing the listing requirements for Indian companies seeking to list on international exchanges within IFSCs, based on an official statement. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cFj8UMQ

Berkshire Hathaway 1st US non-tech co to top $1 trillion market cap

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Berkshire Hathaway, headed by Warren Buffett, has reached a historic $1 trillion market value, marking it as the first non-tech US company to achieve this milestone. The company's share price rose on the back of strong insurance outcomes and economic optimism, with a 30% gain this year, surpassing the S&P 500's 18% improvement. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7EBoGw0

SBI raises Rs 7,500 crore via tier-2 bonds

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RIL & Disney's $8.5 billion merger gets CCI nod

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The Competition Commission of India has approved the merger of Reliance Industries and Walt Disney India's media assets, with specific modifications. This merger aims to establish an $8.5-billion entertainment powerhouse to compete with Amazon, Netflix, and Sony Pictures Networks. The companies will divest several TV channels and cap advertisement prices for streamed cricket matches for approval. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iS3KymB

Yes Bank ousts head of financial markets

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Major automakers announce discounts for 1-2 yrs for vehicle bought against scrapped one

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Major car manufacturers such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai, Kia Motors, and others are offering a 1.5% discount or up to Rs 20,000 on new vehicle purchases against old car scrapping for the next year. The initiative aims to advance circular economy efforts, ensuring cleaner, safer, and more efficient vehicles on roads. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XBaEoGs

Nifty back above 25k on hopes of US rate cut

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Union minister Piyush Goyal seeks higher investment from Singapore

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Anil Ambani reviews legal options against Sebi order

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Anil Ambani, banned by Sebi for five years over fund diversion charges, is reviewing legal options. He plans to appeal Sebi’s August 22 order relating to Reliance Home Finance, now owned by Authum Investment. Ambani stepped down from Reliance Infrastructure and Reliance Power boards following a February 2022 interim order. A fine of Rs 25 crore was also imposed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/c2r8Rne

IndiGo introduces gender-neutral 'Mx' option for flight bookings

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IndiGo, holding a 62% share of the domestic market, took steps towards inclusivity by introducing the gender-neutral honorific 'Mx' for passengers. This initiative complemented existing benefits and recruitment programs aimed at the LGBTQ+ community. The airline, as of March 2024, had over 36,860 permanent employees, including over 240 individuals with disabilities in customer-facing roles. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NyPzc85

ICSI CS Professional programme June result 2024 announced: Check direct link here

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ICSI has announced the results for the CS Professional Programme June 2024. Candidates can check and download their results from the official website, icsi.edu. The CS Executive Programme results will also be declared today at 2 pm. Candidates need their roll number and registration number to access the results. Check the direct link here. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/jRm1zC3

SSC CGL Admit Card 2024 released for Uttar Pradesh, Bihar and North East region: Direct links to download here

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The Staff Selection Commission released admit cards for the SSC CGL Tier-I exam 2024 for Central and North East regions. Candidates from nine states can download their hall tickets from regional SSC websites. The Tier I exam, scheduled for September 9-26, 2024, includes subjects like General Intelligence and Reasoning, General Awareness, Quantitative Aptitude, and English Comprehension. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/ScbsKPQ

SSC JHT, SHT 2024 application window closes today for 312 posts: Here's the direct link to apply

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The SSC concluded the registration for Junior Hindi Translator posts on August 25, with the deadline being 11 pm. A total of 312 vacancies were to be filled for Senior and Junior Hindi Translator roles. The online fee payment option remained open until August 26, and a correction window was available from September 4 to 5, 2024. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/1bHyW5B

Apple targets Sept 10 for new iPhone launch

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Cases over Rs 1,000 crore make up 90% insolvency claim value

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An analysis revealed that 15% of insolvency cases, which exceed Rs 1,000 crore, represent 90% of the recoverable value. With delays increasing in resolution times, companies propose dedicated tribunals for high-value cases. The finance minister plans reforms and additional tribunals to expedite insolvency resolutions and prevent asset value loss. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xhmiF15

Food inflation: RBI remains hawkish

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RBI's monetary policy committee, chaired by Shaktikanta Das, maintained a hawkish stance against interest rate cuts, diverging from the US Federal Reserve. Despite differing views from some external members, concerns about persistent food inflation and the need to anchor inflation expectations prevailed. New external members joining the next meeting may influence future decisions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9Jxr2Ze

Decathlon invests Rs 930cr more to step up local manufacturing

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Decathlon announced a new investment of 100 million euros in India, increasing their total commitment to over 200 million euros. The company plans to ramp up local manufacturing to reduce dependence on imports. Currently, 8% of Decathlon's global range is produced in India, with an aim to increase this to over 10% in three years. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1E5M4sn

Axis pips ICICI in card machine business

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Honda overtakes Hero, market leader, in wholesales

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FM pushes banks to launch deposit mobilisation drive

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India's holding of US government securities hits 1-year high

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BPCL plans Rs 1.7 lakh crore spend to expand core business, new energy foray

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Bharat Petroleum Corporation announced plans to invest Rs 1.7 lakh crore over five years to expand its oil refining and fuel marketing businesses, along with ventures into petrochemicals and green energy. The company aims for net zero emissions by 2040 and is targeting 2 gigawatts of renewable energy capacity by 2025. These initiatives are part of its 'Project Aspire.' from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Gjmh0gF

MCC NEET UG Counselling 2024: Round 1 Final Seat Matrix and NRI List Released; Check Here

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The Medical Counselling Committee (MCC) has released the final seat matrix for NEET UG 2024 counselling. With over 1,000 candidates shifted to the NRI category, the first round of choice filling will close on August 20. The article provides a detailed breakdown of MBBS seats in central universities, including quotas for IP University and CW (children/widows of Armed Forces personnel). Seat allotment results will be declared on August 23. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/5WGRdf7

Day 1: Hindustan Zinc OFS subscribed 1.2x

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Construction gear sales growth flat

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JSW Cement files Rs 4,000 crore IPO papers

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Spot gold rises to $2,500 an ounce for first time

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Mahindra-owned iconic motorcycle brand BSA debuts

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Goods exports decline for 1st time in 4 months

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India's trade deficit grew to $23.5 billion in July as exports declined 1.4% to $34 billion, mainly due to a drop in petrol, diesel, and gems exports. Imports increased 7.5% to $57.5 billion, with crude oil imports rising 17% to $13.9 billion. Commerce Secretary Sunil Barthwal cited domestic oil demand and global crude prices as factors. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/l6IXMFi

Sensex slides nearly 700 points on global cues, profit-taking

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On Tuesday, global market weakness and geopolitical tensions led to a strong selloff in Mumbai markets, with the Sensex dropping nearly 700 points and Nifty down by 208 points. Foreign funds aggressively sold off, leading to a net loss. Major sectors like banking and IT saw significant declines, although two companies had strong listings amid the broader market downturn. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Cf1gwGM

Higher returns & secrecy draw rich to offshore funds

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Hindenburg Research's August 10 report revealed that Sebi chairman Madhabi Puri Buch and her husband had investments in offshore funds linked to Vinod Adani, brother of Gautam Adani. Offshore funds, often based in tax havens like the Cayman Islands and Bermuda, offer better returns and secrecy. Investments can be significant, with fees and tax implications varying by investor status. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DNB8Qsq

In role reversal, Bharti acquire 24.5% of iconic BT in $4 billion deal

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Bharti Global announced the acquisition of a 24.5% stake in BT Group plc from Altice UK, making it the largest shareholder. Bharti had already acquired 9.9% of BT. The move aligns with Bharti's strategy of investing in developed markets and enhancing India-UK business ties, subject to regulatory approvals and security clearance. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DxmuwPM

Retail inflation falls to near 5-year low of 3.5% in July

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In July, retail inflation in India fell to a near 5-year low of 3.5%, led by a drop in prices of vegetables, fruits, and spices. Industrial output growth also slowed to 4.2% in June. The easing inflation has sparked hopes for interest rate cuts in the second half of the fiscal year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nLT2amI

Sebi: Have mechanisms to fix conflict of interest issues

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The markets regulator Sebi dismissed allegations by Hindenburg Research about conflict of interest involving its chairperson, stating that adequate internal mechanisms were in place. Sebi emphasized its actions against Adani Group, highlighted completed investigations, and negated claims of regulatory changes favoring Blackstone. Sebi's response followed a show-cause notice issued to Hindenburg over illegal gains. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/89RKcLP

Government moves to ready ground for 5% ethanol mix in diesel

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The Indian government explored a new plan to blend 5% ethanol with diesel (ED-5) as it neared its target of 20% ethanol-blended petrol within two years. A meeting at the PMO was held to discuss this, with trials on older buses showing promising results. Further trials on heavy-duty vehicles are anticipated. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nQNjRfC

Madhabi’s response raises new critical questions: Hindenburg Research

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Hindenburg Research responded to Madhabi Puri Buch and Dhaval Buch's release, which called their previous report character assassination. Hindenburg highlighted critical questions and admissions, including an email Buch sent in 2018 on behalf of her husband. They questioned Buch's investments through her husband while serving as a SEBI member and noted Buch's connection to a fund linked to Vinod Adani. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/d6yfeb8

Jharkhand NEET Counselling 2024: Check application fee, important documents needed, and other details here

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The Jharkhand Combined Entrance Competitive Examination Board (JCECEB) will soon begin the Jharkhand NEET Counselling 2024 for MBBS and BDS programs. Candidates can register for the counselling process on the official website, jceceb.jharkhand.gov.in, once the link is active. Check important details regarding how to register, application fee, documents needed, etc., here. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/s79xdyz

Sebi chief, husband reject Hindenburg allegations: 'Our life and finances are an open book'

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Madhabi Puri Buch, SEBI chairperson, and her husband, Dhaval Buch, denied allegations by Hindenburg Research regarding their involvement in offshore entities tied to the Adani Group scandal. The couple also expressed their disappointment and accused Hindenburg of resorting to character assassination in response to the regulatory measures. They emphasized that their life and finances are transparent and that they have consistently provided all necessary disclosures to SEBI over the years. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/M48FnAg

Mosquitoes bite into health insurance claims

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A study by Policybazaar revealed that nearly a third of health insurance claims are due to seasonal infectious diseases like dengue, malaria, gastroenteritis, and influenza. These claims, driven by poor hygiene and environmental conditions, vary throughout the year, with treatment costs ranging from Rs 25,000 to Rs 1,50,000. Hospitalization rates for such illnesses have also increased. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tnF0cjO

BSNL to launch 4G, 5G-ready over-the-air, universal SIM platform

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BSNL launched a 4G and 5G compatible OTA and USIM platform, developed with Pyro Holdings, allowing subscribers to choose mobile numbers and replace SIMs without geographical limitations. The rollout began in Chandigarh, with a disaster recovery site in Trichy, supporting BSNL's ongoing network upgrades to 4G and 5G and bridging the digital divide in rural areas. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vq2UeIb

Olympic games will boost French economy: French central bank

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RBI holds repo rate for 9th time in a row at 6.5%

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The RBI decided to keep policy rates unchanged for the ninth time, emphasizing the need to monitor inflation and support growth. The repo rate remains at 6.5%. Growth projections for FY25 are retained at 7.2%, but Q1FY25 has been revised to 7.1%. Banks have been advised to boost deposit mobilization. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/u2bmP14

LIC launches new term insurance plans

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Incentives for hybrids ‘regressive’, says Tata Motors Cars MD

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Tata Motors criticized Maruti Suzuki and Toyota's push for hybrid vehicle incentives, calling it a 'regressive' move that could slow EV adoption and waste government funds. Tata unveiled the Curvv EV and remarked that EVs are essential for meeting net zero emission targets, arguing hybrids do not achieve true zero emissions. Tata on Wednesday drove in the Curvv EV with an entry price of Rs 17.5 lakh (ex-showroom), and will also launch petrol and diesel versions of the vehicle soon. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mzt8Trc

Gold demand to cross 750 tonne, says WGC

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