India prepares for the enactment of three groundbreaking criminal laws on July 1, 2024, aimed at replacing colonial-era statutes with modern legal frameworks. These laws introduce innovative measures like Zero FIR and expedited trials while addressing concerns about expanded police powers. With meticulous preparations underway, including training programs and technological upgrades, the nation anticipates a transformative shift towards a more efficient and just legal system, emphasizing fairness and timely justice delivery.
The Indian cricket team will have a new head coach for the upcoming limited-overs series in Sri Lanka starting later this month, according to BCCI secretary Jay Shah. While Shah did not reveal the successor to the outgoing Rahul Dravid, former opener Gautam Gambhir is expected to take on the role. The Cricket Advisory Committee has conducted interviews for the job and has shortlisted Gambhir and former India women's coach W V Raman.
Investing in New Green Power in Taiwan, I drive sustainable energy solutions for manufacturers, reducing Scope 3 emissions. This aligns with my commitment to carbon-free operations and environmental sustainability, supporting solar capacity growth in the region.
The US Justice Department has offered Boeing a plea deal to avoid trial over the two deadly 737 MAX crashes, causing outrage among victims' families. The deal reportedly includes a fine and oversight by an external supervisor. Families, represented by lawyer Paul Cassell, strongly oppose the agreement and are prepared to contest it in court if Boeing accepts. Boeing, contacted by AFP, declined to comment. The DOJ previously considered prosecuting Boeing for violating a prior deferred prosecution... Читать дальше...
However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years or longer.
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
The central, north-western and north-eastern regions received 14%, 33%, and 13% below average rainfall, respectively, in June, data compiled by the India Meteorological Department (IMD) showed.
Expanding into private markets data, I acquire Preqin for 2.55 billion pounds to offer enhanced solutions for fund managers. With a growth rate of 20%, Preqin will facilitate private markets investing, providing an accessible platform for investors. The acquisition aims to create a seamless experience for all stakeholders.
Amidst shifting economic indicators, precious metal prices reflect market uncertainties and investor sentiments influenced by global economic trends and policy decisions. The intricate balance between supply, demand, and macroeconomic factors drives strategic investment choices in the ever-changing financial landscape.
Oil prices rose on supply deficit forecasts and OPEC+ cuts amid global economic challenges. Traders are cautious about rising non-OPEC+ output. Monitoring includes China's oil demand, the Atlantic hurricane season, and the impact of Hurricane Beryl.
BlackRock has agreed to acquire UK data firm Preqin for £2.55 billion ($3.23 billion) in cash, enhancing its presence in the private markets data sector. The acquisition will integrate Preqin's data and research capabilities with BlackRock's Aladdin portfolio management software. Preqin will remain available as a standalone solution. Expected to generate $240 million in recurring revenue in 2024, Preqin has grown 20% annually over the past three years. Founder Mark O'Hare will join BlackRock as vice chair. Читать дальше...
Maharashtra Chief Minister Eknath Shinde praised the Mahayuti coalition government for its achievements over the past two years, particularly in infrastructure projects. He commended Prime Minister Narendra Modi's development efforts, asserting that Modi's decade of work surpasses what Congress achieved in 50-60 years. Shinde emphasized Maharashtra's support for Modi's vision, expressing confidence that India will become a global economic power during Modi's third term, aiming for a $500 trillion economy and continued global influence.
President Joe Biden's debate performance against Donald Trump has led to internal criticism and calls for reevaluation within the Democratic Party. Biden, appearing exhausted and unwell, struggled to counter Trump's falsehoods, prompting some to blame senior advisers for poor preparation. Major fundraiser John Morgan and others have suggested dismissing key aides, citing over-coaching. While Biden's campaign reports no major polling shifts, discussions about his 2024 candidacy and campaign strategy are intensifying among Democrats.
Stocks that hit fresh record highs include names like RIL, which rose more than 2%. Bharti Airtel pared its gains after reaching record highs, while Bombay Burmah Trading Corp surged more than 7% on Friday.
Happy Monday! Fintech companies like Cred, PhonePe and Paytm are seeking partnerships with NBFCs to enter the secured credit market. This and more in today’s ETtech Morning Dispatch.
The euro was 0.32% higher at $1.0747, while European stock futures rose 1% as exit polls showed Marine Le Pen's eurosceptic National Rally emerged ahead in the first round of the French vote but with fewer votes than some analysts had forecast.
North Korea test-fired two ballistic missiles on Monday, following a vow of "offensive and overwhelming" responses to recent US-South Korea-Japan military drills. The missiles were launched from Jangyon, with the first traveling 600 km and the second 120 km. The first missile landed in the waters off Chongjin, while the second likely crashed inland. The test comes amid heightened tensions, with North Korea condemning the "Freedom Edge" drill and asserting defensive measures against perceived threats... Читать дальше...
New criminal laws in India have taken effect, and posters have been put up in police stations to inform the public. The Indian Penal Code, CrPC, and Indian Evidence Act have been replaced with Bharatiya Nyaya Sanhita, Bharatiya Nagrik Suraksha Sanhita, and Bharatiya Sakshya Adhiniyam, respectively. These new codes introduce significant changes, including new crimes, increased penalties, and provisions for crimes against women and children. Terrorism is now explicitly defined and heavily penalized. Читать дальше...
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Jyothy Labs will benefit from multiple growth drivers, including direct consumer sales, rising brand awareness, and expansion of modern retail.
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.
