Posts

Showing posts from September, 2024

India's oil-product exports soar amid refinery shutdowns in Europe

Image
India's clean oil-product exports surged to their highest since March 2022, driven by increased demand from Europe and Africa due to refinery shutdowns. In September, shipments of diesel, gasoline, and jet fuel reached 1.5 million barrels a day, marking a 39% year-on-year increase. European refinery maintenance and poor margins contributed to this spike. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HwcILKW

Airtel prepays Rs 8,465 crore to DoT for 2016 spectrum buy

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VxdhyGf

Government eyes foreign investment review mechanism

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rgXHdcW

Government banks on homegrown cos to push EVs

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Uo8hJgZ

5 popular North Delhi schools worth considering for quality education

Image
North Delhi boasts prestigious schools offering excellent academic and co-curricular opportunities. Admissions typically open from November 15 to December 15, with the first shortlist released in the second week of January. Parents can raise queries in the third week, and classes commence on April 1, facilitating a smooth transition into the new academic year. Here are five schools that parents can consider. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/KgkyLvt

IIT Kanpur vs IIT Kharagpur: Who leads the placement race? A comparative analysis

Image
IIT Kanpur and IIT Kharagpur are top choices for aspiring engineers, ranked 4th and 5th respectively in the NIRF Rankings 2024 for engineering. Both institutes have consistently ranked in the top 6 since 2020. This analysis focuses on their placement records for UG Four Year Programmes, a key differentiator between these prestigious institutions. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/oFk47vc

Dharmendra Pradhan Slams Opposition-Led States for Failing to Curb Youth Unemployment

Image
Union Minister Dharmendra Pradhan criticized opposition-ruled states for failing to address rising youth unemployment, particularly in Kerala, where the rate reached 29.9%. He highlighted the gender gap, with 47.1% of females jobless. Praising BJP-ruled states like Madhya Pradesh and Gujarat for lower unemployment rates, Pradhan accused opposition states of mismanagement and corruption, urging accountability and leadership that delivers results. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/TAjSlNE

Ayodhya schools closed amid heavy rains, check official notice here

Image
The Ayodhya education officer announced that all schools (classes 1 to 12) will remain closed on September 28, 2024, due to heavy rainfall. If conditions improve, schools will reopen on October 30, 2024. The decision was made to ensure the safety of students, teachers, and staff. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/u107wZA

Front-running: Angel settles case with Sebi

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oQFP4BU

Minimum wages for unorganised sector to rise as variable DA up

Image
The Centre has raised minimum wage rates for unorganised sector workers through a revision of the variable dearness allowance. Effective from Oct 1, these new rates are categorised by skill levels and geographical areas. This move is intended to help workers cope with increasing living costs. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3njI98d

Swiggy files for Rs 10k crore IPO, eyes Diwali listing

Image
Swiggy has filed for an IPO estimated at $1.2 billion, which could increase to $1.4 billion following a shareholder meeting. The company intends to raise Rs 3,750 crore through new shares and the rest from an offer-for-sale by existing investors. The IPO might be timed with Diwali festivities in November. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1uKdwvs

Ministerial panel looks to rework GST rates on over 100 items

Image
The ministerial panel on GST rationalisation has discussed proposals for adjusting rates on over 100 items and merging the 12% and 18% slabs. The fitment committee will analyse the impact, potentially reducing rates for common goods and increasing them for luxury items. Further discussions are scheduled in Delhi later this month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CKGFiUy

Sebi set to tighten F&O rules to rein in speculative trading

Image
Sebi will address the retail speculation in futures and options trading during its board meeting on September 30 while considering stricter rules and margining systems. Additionally, the board might approve a new hybrid investment product for wealthy investors and specific regulations for passive-only fund houses, following extensive feedback on proposed changes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gtX3L5j

BP raises India bet with board visit amid ONGC, Cairn search for suitors

Image
BP plc is amplifying its commitment to India by hosting its full board meeting in the country. This visit aligns with Indian firms seeking partnerships for offshore projects. BP's technical expertise and ongoing ventures, including a stake in Reliance's KG-D6 block, make it an ideal partner for these initiatives. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vh83NCu

Zaggle acquires 26% stake in Mobileware to boost its digital payment capabilities

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rji8XQ1

Sebi nod: Hyundai's Rs 25k cr IPO & Swiggy's Rs 12,000cr

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/phTuC0K

Sensex nears 85k on desi fund flow

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iGYqQws

Over 9 in 10 F&O retail traders lose money: Sebi

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MWhEPlw

Assets under ARCs shrink in Q1 as bad loan nos drop

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TuL8xBI

Vodafone Idea signs Rs 30,000 crore deal with Nokia, Ericsson & Samsung for 4G, 5G equipment

Image
Vodafone Idea has awarded contracts worth Rs 30,000 crore to Nokia, Ericsson, and Samsung for network equipment over the next three years. This move is part of a larger Rs 55,000 crore capital expenditure plan aimed at expanding 4G coverage and enhancing capacity. The company seeks to improve customer experience and support data growth. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FkarJ17

AP TET Hall Ticket 2024 released at aptet.apcfss.in: Direct link to download here

Image
The School Education Department of Andhra Pradesh has released hall tickets for the APTET 2024 exam, rescheduled to run from October 3 to 21. Candidates can download their admit cards from aptet.apcfss.in. Results are expected on November 2, with varying qualifying marks for different categories. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/QraU4Il

Over 350 candidates in Uttar-Pradesh barred from UP NEET UG, PG counselling 2024: Check list of candidates, DMET notice here

Image
In Uttar Pradesh, over 350 candidates have been barred from NEET PG and UG counselling by the Directorate of Medical Education and Training due to past errors. The aim is to prevent seat wastage and promote responsible participation. Disqualifications stemmed from failure to accept assigned seats or document verification issues. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/hZK1G4P

KEA VAO 2024 hall ticket out at cetonline.karnataka.gov.in: Direct link to download here

Image
The Karnataka Examination Authority has released admit cards for the Village Administrative Officer recruitment exam. Candidates can download their hall tickets from the official website. The mandatory Kannada Language Exam is set for September 29, 2024, from 10:30 am to 12:30 pm. This recruitment drive aims to fill 1,000 VAO positions in Karnataka's administrative framework. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/fOjU4mn

No immediate legal view on SC's telecom AGR call: Govt

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AnuN2rG

'Russian roulette' in markets, RBI flags volatility risks

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iSRk97o

IT cos returning to campuses after gap year

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/t8B7mwp

Govt steps in to lower burden on exporters

Image
Reacting to a steep fall in exports, the Indian government has implemented several measures aimed at easing shipping challenges. Commerce Minister Piyush Goyal announced steps like acquiring vessels, waiving fees, and boosting container handling capacity. The initiatives are designed to lower freight rates and expedite port processes for exporters. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0rZsRUu

India’s appetite for oil can a bargaining chip in a gloomy market: Official

Image
Indian refiners are using their substantial consumption to negotiate better terms for next year's contracts with suppliers, particularly Russia. With India's oil demand growing despite global forecasts being lowered, they aim to secure discounts and favorable conditions in a subdued market. Talks among Indian refiners and Russian suppliers are ongoing. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/G4vE8Y3

The wait for fuel price cut gets longer on volatile oil

Image
Indian fuel retailers are holding off on reducing petrol and diesel prices despite cheaper crude oil, citing market volatility. They prefer stable conditions before making any changes. Recently, oil prices fluctuated between $70 and $75 per barrel due to global economic factors and US interest rate cuts, impacting pricing decisions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gsNjvuH

EY resigns as adviser to Byju's IRP

Image
EY Restructuring has resigned from advising Pankaj Srivastava, the NCLT-appointed internal resolution professional at Byju's. This development follows BDO’s resignation as Byju’s auditor earlier this month. Srivastava is currently inviting lenders, employees, vendors, and government entities to claim unpaid dues. Representatives from the IRP, EY, and Byju’s have not responded to queries. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iOb536g

US Fed cuts interest rates by 50 bps in a first since 2020: Why it matters for India

Image
The US Federal Reserve has lowered interest rates by 50 basis points, marking its first cut in over four years. This action is likely to increase foreign investment in India, influence the Indian Rupee, and benefit sectors like IT and consumer goods. The RBI's response will be key to maintaining financial stability. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yO8bk7m

Michelle Bowman's dissent is first from Fed Governor since 2005

Image
Federal Reserve Governor Michelle Bowman dissented on an interest-rate decision for the first time since 2005, opposing a 50 basis point cut in favor of a quarter-point reduction. Her stance reflects concerns about easing too quickly and highlights ongoing internal debates within the Fed over monetary policy amidst economic challenges. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EdBYcgG

Trade deficit close to all-time high, thanks to record imports

Image
India's trade deficit nearly reached a record high in August with total imports rising to $64.4 billion due to a surge in gold shipments, while exports fell to $34.7 billion. Commerce Secretary Sunil Barthwal attributed this increase to higher prices and festival season stocking, considering these figures normal for an emerging market economy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/F0K5ijJ

New audit norms planned to check frauds

Image
The National Financial Reporting Authority (NFRA) has suggested updating an outdated accounting standard to align with global norms, focusing on listed private companies. This proposal aims to safeguard investors by addressing multiple accounting lapses. Despite resistance from auditors, NFRA stresses the importance of modern standards given today's complex financial systems and increasing retail investor participation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tiTClWr

Subhadra first govt scheme to offer digital rupee payment

Image
Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries' bank accounts without intermediaries. Linked to RBI's digital currency pilot, the digital rupee can be spent using UPI QR codes or transferred to bank accounts. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8QcgNYE

AR glasses are here: Snap launches spectacles at LA summit and its own OS to power it

Image
Snap Inc introduced its fifth-generation AR spectacles at the Snap Partner Summit in Los Angeles. These lightweight glasses feature a new OS, hand gesture controls, and virtual console capabilities. Initially available to developers for $99 monthly, they promise advanced AR experiences with partnerships including OpenAI, Lego Games, and Niantic. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xGy3n5T

Freight rates flare up by nearly 70% in August

Image
Freight rates at Indian ports have increased by nearly 70% year-on-year in August due to global shipping disruptions and sustained demand. This rise, following a two-year hiatus, is anticipated to raise costs for Indian companies with international exposure. Contributing factors include geopolitical tensions and container shortages. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HTV9PhD

Will controversy: Baba Kalyani refutes brother’s claims

Image
Baba Kalyani, chairman of Bharat Forge, disputes his brother Gaurishankar's claims regarding their late mother Sulochana's will. Gaurishankar alleges Baba coerced her into making a favorable 2012 will. The Pune civil court must now assess the validity of both the 2012 and 2022 wills to settle the inheritance dispute. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9qiPgXr

Boeing says it's considering temporary layoffs to save cash during the strike by machinists

Image
Boeing plans to freeze hiring, reduce travel, and potentially implement temporary layoffs amid a factory workers' strike. The company is facing financial challenges and aims to cut costs. Approximately 33,000 workers are striking after rejecting an offer with pay raises, demanding higher increases and the restoration of bonuses. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/O5RQYDq

Adani, African Development Bank get $1.3 billion sops for Kenya project

Image
Kenya Electricity Transmission has awarded Adani Group and Africa50 a public-private partnership to construct high-voltage power lines worth $1.3 billion without needing loans. However, many Kenyans are angered by another proposal granting Adani Group a 30-year concession to manage the country's largest airport, leading to protests from aviation workers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Yfu2nrK

Kalyani brothers spar over mother's wills in fresh feud

Image
Baba Kalyani and his younger brother Gaurishankar are engaged in a legal dispute over their late mother Sulochana's will. Baba seeks to probate a 2012 will, while Gaurishankar presents another from 2022. The case involves significant assets, including properties and shares in the Kalyani Group, with a court hearing expected next month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/S8j53r2

Rajasthan CM Bhajan Lal Sharma's visit to Japan, South Korea successful, says Deputy CM Diya Kumari

Image
Rajasthan Chief Minister Bhajan Lal Sharma has returned from a productive six-day tour of Japan and South Korea. The trip was part of preparations for the Rising Rajasthan Global Investment Summit 2024. The visit aims to attract significant investments, boosting the state's economy and employment, especially in tourism. Effective implementation of MOUs is also assured. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oGdeYT2

India's short-term treasury bill rates hit 1.5-year low

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GUgfX0i

'Will take digital public infrastructure stack to 50 nations'

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FgHUXPV

Samsung plans 30% global job cuts, MS 650

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vaxOfIj

PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata Motors

Image
Mahindra & Mahindra and Tata Motors have lauded the PM e-drive scheme designed to enhance electric vehicle adoption in India. The Union Cabinet has sanctioned two schemes worth Rs 14,335 crore for promoting EVs such as buses, ambulances, and trucks. Key industry figures anticipate that this move will expedite India's progress towards sustainable transportation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/N3ewJxW

US action on China hits container supply

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iGAwZmM

Government reviews norms for vehicle scrappage

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qGCgOvR

Govt backs disclosures for credit card, e-transactions

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DkIyTgr

Kenyan court halts Adani's proposal for Nairobi airport

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HO16N4K