Delhi's Rouse Avenue Court reserved its order, denying immediate relief to Delhi Chief Minister Arvind Kejriwal in the liquor policy case. He was sent to three-day CBI custody on Wednesday. The court had allowed his wife and lawyers to meet him daily for 30 minutes, carry his prescribed medicines and home-cooked food. The court permitted CBI to interrogate him for his formal arrest.
The ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week as they closed around 4.75%
Latest PPF interest rate: The Public Provident Fund (PPF) is widely favored as a savings option. The government has recently revealed the interest rates for small savings schemes for the period of July to September 2024. PPF investments are considered risk-free as it is government backed.
The stock market operates based on collective investor sentiment. Positive news boosts stock prices, while negative sentiment drags them down.
This week, astronomers are anticipating the close approach of asteroid 2011 UL21, dubbed the "Planet Killer," as it swings by Earth. Despite its size of approximately 2.5 kilometers in diameter, it will pass at a safe distance of 4.1 million miles—farther than the moon. Recently discovered asteroid 2024 MK, smaller but still considered hazardous, has raised concerns due to its potential impact risks. Astronomers caution that an asteroid of this size could cause significant damage if it were to collide with Earth... Читать дальше...
Daniel Kahneman's work emphasizes the importance of understanding human behavior in finance and the role of financial advisors in guiding investors through market volatility to achieve success.
In other words, it is the per-unit cost of running and managing the mutual fund. The expense ratio differs from fund house to fund house. The expense ratio is calculated as a percentage of daily investment value.
The JD(U) appointed Sanjay Jha, its Rajya Sabha member, as working president during a national executive meeting on Saturday. Neeraj Kumar, a senior leader of the party, highlighted that JD(U) reiterated its demand for special category status for Bihar at the meeting. Alternatively, they suggested the Centre could consider a special package. The party also emphasized the need for stringent action against those involved in exam paper leaks and advocated for robust legislation to prevent such incidents in the future.
Chief Justice of India D Y Chandrachud emphasised the necessity of 'Constitutional Morality' in Indian law. He said that the court's duty was to uphold diversity and tolerance while embracing technological advancements in justice. Chandrachud underscored judges as servants, not deities, cautioning against personal biases interfering with constitutional values. He highlighted the importance of AI tools for translating judgments, decentralising court access, and promoting awareness of legal procedures. Читать дальше...
Bridging the digital equity gap through AI education is crucial. Marvin Venay stresses the importance of inclusive initiatives for overcoming barriers. Accessible internet and affordable technology are essential components for empowering individuals with AI knowledge and skills.
The rise in EVs can be attributed to two main factors, first, a substantial global push by governments to achieve net zero emissions through various policy measures; and second, a nearly 90% decrease in battery costs over the past ten years, which has made EVs more affordable and, as a result, brought them closer to cost parity with internal combustion engines (ICE)
Through deceptive use of AI-altered voice, Rashmi Kar extorted Rs 6.6 lakh from her neighbour, who paid through fear. The police intervened based on the victim's complaint, leading to Rashmi Kar's arrest under the Information Technology Act.
India's steel and trade ministries are discussing the increasing imports of steel, especially the influx of cheap Chinese goods, according to a government source. The talks come amid ongoing requests from top producers for higher tariffs. India became a net steel importer in the fiscal year ending in March, with finished steel imports reaching a five-year high in April and May, based on provisional government data.
Shiv Sena (UBT) MP Sanjay Raut criticised PM Narendra Modi for the 2024 Lok Sabha election outcome, stating it was a personal loss for Modi and questioning his leadership. Raut also linked the release of former Jharkhand CM Hemant Soren on bail to Rahul Gandhi's rise in opposition power, alleging political influence on the judiciary and central agencies. Soren was arrested by the ED in a land scam and money laundering case.
It is a well known fact that if demand is growing at a fast pace, higher input cost can be easily passed on to the consumer. That is probably what the tyre industry is going through currently. Recently there was an increase in natural rubber prices and fears were expressed that margins might come under pressure. But two things happened just recently, the natural rubber prices corrected and the whole of the tyre stocks witnessed a sharp rally. While the risk of headwind in terms of higher input cost stays... Читать дальше...
Maharashtra Chief Minister Eknath Shinde announced the 'Mukhyamantri Teerth Darshan Yojana' on Saturday, a pilgrimage scheme aimed at senior citizens of all religions. The scheme is intended to assist elderly individuals who face challenges in visiting pilgrimage sites due to financial constraints, lack of companionship, or other limitations. Shinde made this announcement while responding to a calling attention notice raised by Shiv Sena MLA Pratap Sarnaik in the state legislative assembly.
Heavy rainfall triggered a canopy collapse at IGI Airport's Terminal 1, claiming a cab driver's life and injuring multiple individuals, leading to significant flight disruptions. Eyewitnesses recounted the harrowing incident, emphasizing the near-miss for many present. Legal and technical investigations are underway, as authorities and emergency responders continue recovery efforts. DIAL has suspended terminal operations temporarily, ensuring safety before resuming normal services. Compensation has been announced for victims... Читать дальше...
ICICI Prudential Life Insurance has received a GST notice amounting to Rs. 365 crore, including interest, from the GST authority. The notice demands GST along with applicable interest and penalties for the fiscal years 2017-18 to 2022-23 across all GST-registered states. This pertains to amounts recovered from insurance agents as per commercial terms, which the department alleges should have been deposited as GST.
Surface communication to several districts in Arunachal Pradesh was disrupted due to landslides triggered by heavy rain, officials reported on Saturday. A crucial road stretch from Aalo to Mechukha suffered damage between Roing and Pene villages amidst continuous downpour. Shi-Yomi District's Information and Public Relations Officer, Jumi Ete, confirmed landslides at multiple locations in the area, emphasizing the strategic significance of the Aalo-Mechuka road for deployed Army personnel. The Border... Читать дальше...
A court in Zambia sanctioned a plan for Vedanta Resources Ltd. to regain control of the Konkola copper project by settling debts owed to creditors. The company needs to release $250 million to settle debts and has committed to investing $1 billion for expansion projects.
