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Новости от TheMoneytizer


Октябрь
2024

Новости за 03.10.2024

Economictimes.indiatimes.com 

This time too, Haryana dominated by dynastic battles and turncoats

Haryana assembly election campaigning ended with notable party switches. Ashok Tanwar, a former Congress member, returned to the party after supporting BJP. Other key figures also swapped allegiances. The polls witness direct contests between political dynasts, underscoring the ongoing struggle for political legacy in the state.

Economictimes.indiatimes.com 

Three new horsemen of the MPCalypse

Three new external members join RBI's MPC amidst differing global central bank stances on interest rates and growth. As growth indicators slow, and inflation remains a concern, the newcomers may shape the debate on balancing monetary policy to ensure economic stability and potential growth.

Economictimes.indiatimes.com 

Escalating tensions, fasten your seatbelts

Tension in West Asia over Iran's missile capability impacts markets, yet is mitigated by US stance on proportionate Israeli retaliation and Federal Reserve's moderated rate cuts. Despite volatility driven by China’s stimulus and global economic shocks, Indian equities remain buoyant due to strong domestic investor confidence.

Economictimes.indiatimes.com 

SC strikes down rules facilitating caste discrimination in prisons

The Supreme Court ruled against caste-based discrimination in prisons, declaring it unconstitutional. It ordered the removal of caste references in jail manuals and tasked the central government with updating the Model Prison Manual 2016 and Model Prisons and Correctional Services Act 2023 to reflect this change within three months.

Economictimes.indiatimes.com 

Cabinet allocates Rs 1 lakh crore to boost farm productivity

The Union Cabinet approved schemes PM-RKVY and Krishonnati Yojana to boost farmers' income by allocating ₹1,01,321 crore and passed NMEO-Oilseeds with a ₹10,103 crore budget. It also greenlit the second phase of Chennai Metro Rail project at ₹63,246 crore and productivity bonuses for railway employees.

Economictimes.indiatimes.com 

Is Prince Harry taking fashion cues from King Charles? His tie may be an answer

Prince Harry was seen in a beautiful attire at a recent award ceremony among which the tie of Prince Harry was pretty striking to the eye. After it got noticed, various people all over the world are claiming that Prince Harry is getting his style inspirations from his father King Charles.

Economictimes.indiatimes.com 

India Inc to offer 9.5% salary hike in FY25, projects survey

India is expected to see an average salary increase of 9.5% in 2024-25, slightly up from 9.3% in 2024. The engineering and manufacturing, retail, and financial sectors are leading with projected increases of 10% and 9.9%. The survey analyzed data from 1,176 companies across over 40 industries.

Economictimes.indiatimes.com 

We must make the law on fiscal targets more biting, says ex-RBI governor C Rangarajan

C Rangarajan emphasizes the need for stricter fiscal laws to manage deficits and debt, and highlights the importance of boosting investments and improving capital efficiency. He advocates for higher infrastructure investments and better banking practices to support India's economic growth beyond the middle-income threshold.

Economictimes.indiatimes.com 

Banks hiring agents to upload videos of NPAs being auctioned

Banks in India are employing doorstep agents to capture photos and videos of mortgaged assets for auctions on eBKray, a platform that lists and manages NPAs. PSB Alliance, working with 12 public sector banks, enhances data quality and recently partnered with Amazon Web Services for cloud services.




Economictimes.indiatimes.com 

Sleeping on a cool pillow

Finding a pillow's cool side brings a cherished, simple joy. Sleeping on a cool pillow provides physical and psychological comfort. It signals the brain for deeper sleep and wider peace, reducing tossing and turning. Maintaining coolness on both sides prolongs this tranquil experience, encouraging better rest over extended periods.

Economictimes.indiatimes.com 

BookMyShow files FIR over black marketing of Coldplay concert tickets

BookMyShow has filed an FIR against ticket scalping for Coldplay's 2025 Mumbai concert. The company is considering cancellation of resold tickets and cooperating with Mumbai Police to investigate unauthorized resale. Despite the ticketing scams, Coldplay's performances will proceed as planned.

Economictimes.indiatimes.com 

New PMAY rules will curb misuse, 'trading of loans': Mortgage companies

Indian mortgage lenders anticipate that new guidelines for the affordable home subsidy plan under the Pradhan Mantri Awas Yojana (PMAY) will plug fund leakages and ensure benefits reach more end-users. The scheme will now offer a reduced total subsidy of ₹1.80 lakh over five years, aiming to curb misuse by builders and brokers.

Economictimes.indiatimes.com 

MPC's new members may stay with RBI's view on inflation

On Tuesday, the government reconstituted the six-member MPC, appointing three new external members for a four-year term. The new members are Ram Singh, Saugata Bhattacharya and Nagesh Kumar. Singh is director, Delhi School of Economics, Bhattacharya an independent economist, was formerly chief economist at Axis Bank, while Kumar is director and chief executive at the Institute for Studies in Industrial Development, New Delhi.

Economictimes.indiatimes.com 

Cultivate one good habit

Adopting a single good practice consistently can lead to significant success, as evidenced by historical and modern heroes like Raja Harishchandra, Karn, Arjun, and Gandhi. A small habit, such as daily walking, can foster additional positive changes, ultimately transforming one's life.

Economictimes.indiatimes.com 

Small finance banks, microfinance lenders cap loans to curb excess borrowing

Small finance banks and microfinance lenders are setting a cap of four live loans per borrower. This is a precautionary step to avoid defaults due to unsecured loan stress. The RBI has already raised concerns about rising delinquency levels and multiple live loans, prompting this move. Utkarsh Small Finance Bank follows this four-loan cap policy.

Economictimes.indiatimes.com 

Why stop at album no. 12? Stop now

Coldplay announces their retirement after their 12th studio album, drawing comparisons to The Beatles and Bob Marley. They mention high quality control as the reason. Their 10th album is about to release, but the band assures fans that emotional songs will keep coming until their eventual retirement.

Economictimes.indiatimes.com 

Capri to put more money into women's sports in India

Capri Sports will increase investments in women's sports. It acquired Women's Premier League team UP Warriorz and invested in Rudra Football Club. Plans are in progress to develop women's football with the All India Football Federation, aiming for World Cup qualification. WPL's success has also attracted new female cricket fans.

Economictimes.indiatimes.com 

US-based Broadcom plans to step up hiring for India play

Broadcom plans to increase hiring and expand its operations in India. The company, which acquired VMware last year, emphasizes India's role in product development and support. Broadcom highlights its contributions to the government and financial sectors, and acknowledges India's growing public sector business as a key area of focus.

Economictimes.indiatimes.com 

Kia keeps faith in SUVs, airs doubts about policy shifts

Kia India plans to enhance its market presence by launching a new EV and a sub-four metre compact SUV in 2025, aiming to achieve a volume of 430,000 units by 2030. Despite available hybrid technology, policy uncertainties hinder its introduction in India. Sales of EVs have also been softer than expected.

Economictimes.indiatimes.com 

Private banks drop lending rates to beat market competition

The weighted average lending rate (WALR) of private banks saw a decline of 15 basis points in August after the average rates had seen a rise of 18 basis points in June. For the same August period, public sector banks increased WALR by 5 basis points. The WALR on fresh loans was flat sequentially in August 2024, RBI data showed.


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