If the firm is of a sound quality but the valuation is high, wait for a price correction
Notably, PM Modi announced that the ties between India and Brunei have been elevated to level of Enhanced Partnership. This was the first-ever bilateral visit by an Indian Prime Minister to Brunei
New Delhi [India], September 5: The prestigious Madhya Pradesh Business Glory Award 2024, presented by SwiftNLift Media Group, was a resounding success, held at the luxurious Essentia Luxury Hotel in Indore. The event, held on July 27, 2024, recognized and honored exceptional businesses across Madhya Pradesh for their outstanding achievements and contributions to their respective industries.
Former IAS probationer Puja Khedkar on Thursday told Delhi High Court she was willing to get herself medically examined in AIIMS, after the city police claimed that one of her disability certificates may be "forged" and "fabricated". Khedkar, who has been accused of cheating and wrongly availing Other Backward Classes (OBC) and disability quota benefits, made the submission while the court was dealing with her anticipatory bail plea in the criminal case. "I am willing to get myself medically examined. Читать дальше...
Reserve Bank Governor Shaktikanta Das headed the Sub-Committee of the Financial Stability and Development Council (FSDC-SC) on Thursday reviewed global and domestic macroeconomic and financial developments. It also reviewed issues relating to inter-regulatory coordination in the Indian financial sector, the RBI said in a statement after the 31st meeting of the FSDC Sub-Committee. "Members shared their assessments of potential risks to financial stability and discussed various issues that may have financial stability implications," it said. Читать дальше...
The rapid growth in AUM in the last two years may have led to potential over-leverage by borrowers
The researchers studied data from nationally representative surveys covering 35 states and Union Territories over 600 districts over 20 years
Addressing the gathering, the President said that teachers have to prepare such citizens who are not only educated but also sensitive, honest and enterprising
Himachal Pradesh government would bear only 28 per cent cost of Rs 1,734.70 crore Shimla Innovative Urban Transportation Ropeway Network Project, Deputy Chief Minister Mukesh Agnihotri said in the state assembly on Thursday. The 13.65 km long Ropeway from Tara Devi to Shimla would be executed on EPS (Engineering, Procurement and Construction) mode, he said in a written response to a question by BJP's Sudhir Sharma. The rate of interest would be finalised after a tripartite agreement between the state government... Читать дальше...
The freight loading statistics for August 2024 highlighted the remarkable performance of Indian Railways as a total of 126.97 MT of freight was loaded in August alone, contributing to a cumulative total of 653.22 MT for the financial year 2024-25 up to August, the Railway Board said in a press statement. "As the backbone of the nation's freight transportation, Indian Railways has been facilitating the movement of a vast array of goods across the country with an unwavering commitment to sustainability and efficiency," it said. Читать дальше...
He said SBI has been able to create resilience in the system. While ensuring this, the country's largest lender had to ensure an improved customer experience against the backdrop of legacy systems
Millions of people in Pakistan continue to live along the path of floodwaters, showing neither people nor the government have learned any lessons from the 2022 devastating floods that killed 1,737 people, experts said Thursday, as an aid group said half of the victims among 300 people killed by rains since July this year are children. Heavy rainfall is currently drenching those areas that had been badly hit by the deluges two years ago. The charity Save the Children said in a statement that floods... Читать дальше...
Kapil Parmar bagged India's first ever Paralympic medal in judo, clinching a bronze in the men's 60kg (J1) after convincingly defeating Brazil's Elielton de Oliveira in the final here on Thursday. Parmar produced a superlative performance, dominating his opponent from start to finish to record a 10-0 win in the bronze medal contest. He had earlier lost to S Banitaba Khorram Abadi in the semifinals, beaten 0-10 by his Iranian opponent here at the Champs-de-mart arena. The J1 class in para judo is... Читать дальше...
The team, headed by Sanjeev Kumar Jindal, visited Vijayawada, the worst-affected place, to estimate the losses and destruction, said an official press release
Amid ongoing protests demanding justice for the young doctor who was allegedly raped and murdered at state-run RG Kar hospital last month, West Bengal Governor CV Ananda Bose on Thursday criticised the state administration for its handling of the situation. Bose remarked that the West Bengal government is "going from wrong to wrong," emphasising that the public's lack of trust in the system has led to the recent massive protests. He said, "What I see in West Bengal today, especially in administration, is going from wrong to wrong. Читать дальше...
These funds with $1.8 trillion AUM are looking to bet big on India
Closes at new loan of 83.99/$
Weightage almost 70 bps higher than China
Union Home Minister Amit Shah will launch the BJP's poll campaign and release the party's manifesto during his two-day visit to Jammu and Kashmir beginning Friday. Shah's visit comes at a critical time for the BJP in J&K as the party faces growing challenges ahead of the assembly elections with several leaders and workers protesting and some of them leaving the saffron party after being denied tickets. "Amit Shah ji is arriving in Jammu for a two-day visit starting tomorrow. He will be arriving... Читать дальше...
Industry lobby group IBA wants govt and RBI to intervene
According to the circular, both life and general insurers are mandated to provide an essential summary of important information at different stages of the insurance contract
The idea assumes significance as the industry is seeking protection from imports at predatory prices
Insurer plans to build out its partnership with Shriram Capital Group in India by adding an equal joint venture covering wealth and advice services, doubling down on an initial 2005 investment
A step-down in hiring, which pushed the unemployment rate to a near three-year high of 4.3 per cent in July rattled investors and fanned concerns that a recession was stalking the economy
Addressing the students of Jai Hind College in Mumbai, Adani said post-independence, it took India 58 years to reach its first trillion dollars of GDP, 12 years for the next trillion, and just 5 years