ESIC completed an IT system upgrade to enhance online services for its stakeholders. The upgrade, costing Rs 312 crore, includes improvements in registration, contribution deposits, and appointment bookings, contributing to 177% growth in online bookings from 2023 to 2024. The Dhanwantari system’s adoption has also increased by 40%.
Christopher Nolan's upcoming multi-starrer film is titled The Odyssey, Universal Studios revealed on Monday. The film is an adaptation of ancient Greek poet Homer's genre-defining epic, the studio further added in a post on X (formerly Twitter) Christopher Nolan's next movie stars Tom Holland, Matt Damon, Anne Hathaway, Zendaya, Robert Pattinson, Lupita Nyong’o, and Charlize Theron.
The 30-share BSE Sensex closed down 67.3 points at 78472.87
UPI transactions at retail stores have risen by 33% in semi-urban and rural areas this year. Insurance policy purchases and premium collections increased significantly. Credit product volumes grew by 297%, while micro ATM and AePS cash withdrawals declined. PayNearby's report highlights the critical role of digital retail stores in enhancing financial access and economic progress.
Jennifer Lopez and Ben Affleck are still unwrapping holiday cheer together. While the estranged couple have called it quits on their romance, the duo have been frequently spotted hanging out together since news of their split came to light. Ahead of Christmas, Ben and Jennifer Lopez reunited for a very special reason, sparking reconciliation buzz
Deven Choksey highlights investment opportunities amid market corrections and anticipates stronger public sector banks if interest rates drop. EMS stocks may be better bought on dips. The pharma sector shows promise with complex generics, while financial markets are poised for growth as the economy aims for $15-trillion market capitalization by 2035-37.
Anti-corruption ombudsman Lokpal has called SEBI chief Madhabi Puri Buch and also complainants, including TMC MP Mahua Moitra, for "oral hearing" next month in connection with corruption complaints being heard by it, alleging impropriety and conflict of interest on the basis of a Hindenburg Research report, according to an official order.
Digital lenders disbursed 3 crore loans valued around Rs 37,000 crore by September quarter-end. Growth moderated to 19% compared to 44% last year. 34 FACE member companies participated. Total disbursements reached Rs 69,863 crore in the first half. Average loan size was Rs 10,891, with most loans between Rs 10,000 - Rs 25,000.
The 30-share BSE Sensex closed down 67.3 points at 78472.87
Elon Musk's AI startup xAI has raised $6 billion from investors, including US venture capitalists, NVIDIA, AMD, and investment funds from Saudi Arabia and Qatar. This funding will be used to develop products for billions of users and advance research. xAI is now valued at $50 billion, competing with OpenAI.
Fixed deposit: Several private and government banks are offering up to 7.4% FD rate to people investing less than Rs 3 crore. fixed deposits are a popular choice to save money. Read below to find out the full list of bank FD rates.
Indian indices closed lower on Tuesday, driven by declines in financial and IT stocks. Amber Enterprises, Tata Investment Corp, and IndiGo saw gains, while Intellect Design Arena and Siemens lost.
Pralhad Joshi introduced new consumer protection measures, including an AI-enabled helpline and tools to detect deceptive practices. Major ecommerce players, like Reliance Retail and Tata Sons, pledged to enhance online shopping safety. Joshi noted significant progress in resolving consumer disputes. The government is also drafting new guidelines to regulate surrogate advertising.
Hyderabad tops the booking list in 2024 while Puri, Varanasi, and Haridwar lead as popular spiritual destinations. There is a notable rise in travel to less explored spiritual spots like Deoghar, Palani, and Govardhan. Leisure travel surges with Jaipur, Goa, Pondicherry, and Mysore drawing tourists.
The consumer affairs ministry will issue guidelines next month to address unsolicited commercial communications or pesky calls, aligning with upcoming Trai regulations. The draft, prepared in consultation with stakeholders, focuses on business entities' roles. Trai will also introduce tougher norms to protect consumers following increased complaints.
Indian airlines transported 1.42 crore domestic passengers in November, a 12% increase compared to last year. IndiGo led with a 63.6% market share. Despite the growth, service delays and cancellations affected passengers, resulting in significant compensation. Air India's merger with Vistara added momentum.
Indian benchmark indices ended slightly lower due to losses in financial and IT stocks despite gains in consumer and auto sectors. The BSE Sensex decreased by 67.30 points, while the Nifty 50 declined by 25.80 points. The Indian rupee hit an all-time low against the U.S. dollar amid rising bond yields.
Dec 25 bank holiday: Christmas is just around the corner and people are looking forward to celebrate the festival with their friends and family. Read our story to see if banks in your state are closed on Christmas 2024 or not.
Defence Minister Rajnath Singh attended the 'Atal Yuva Mahakumbh' in Lucknow, commemorating Atal Bihari Vajpayee's birth centenary. Singh praised Vajpayee's enduring legacy, shared personal anecdotes, and lauded Chief Minister Yogi Adityanath's leadership and development efforts in Uttar Pradesh, attributing them to Vajpayee's vision.
The analysis highlights the top 5 wealth creators and destroyers of 2024, focusing on stocks that have achieved remarkable gains or suffered significant declines.
Elon Musk effectively tanked a bipartisan congressional spending bill that would have kept the government running using the power of social media and threat of spending millions against Republicans in primaries. But the question arises- Did Donald Trump give the permission to Musk to flex his muscle on proposed spending bill? Musk carried out all-out campaign on X to block Speaker Mike Johnson's government funding bill.
