Indo Farm Equipment launched its IPO, opening the subscription on December 31 and closing on January 2. The IPO comprises a fresh issue of 86 lakh equity shares and an offer for sale of 35 lakh shares. The company is utilizing the IPO funds for debt repayment and capital augmentation.
ISRO is set to launch the NVS-02 satellite aboard the GSLV in January 2025 as part of a series of missions. Following the successful launch of NVS-01 and PSLV-C60, preparations for the Chandrayaan-4 mission involve crucial docking steps, essential for reaching and returning from the Moon.
Andhra Pradesh's Chief Minister N Chandrababu Naidu is the wealthiest CM in India with assets worth over Rs 931 crore. West Bengal's Mamata Banerjee is the least wealthy with assets of just Rs 15 lakh. The report highlights disparities in the wealth of CMs, with an average asset value standing at Rs 52.59 crore.
Mirza Ikhtiar Baig of Pakistan People's Party opposes a proposed Tax Amendment Bill. The bill would freeze bank accounts and restrict property transfers for tax non-filers. Baig calls the laws harsh. He says the bill should be discussed further. Additionally, slow internet speeds are causing significant losses in Pakistan's IT sector as companies leave the country.
Oil prices increased due to China's expanded manufacturing activity in December. Brent crude futures increased to $74.46 a barrel and U.S. West Texas Intermediate crude to $71.48 a barrel. Brent declined 3.2%, and WTI was down 0.6% for the year. Declining U.S. crude stockpiles provided short-term support.
Anya Polytech & Fertilizers IPO share allotment is expected to be finalized today. Investors can check their allotment status on BSE or the registrar's website. The company's IPO received a strong response. Shares are expected to be listed on January 2 with a 36% premium. Anya Polytech & Fertilizers specializes in HDPE and PP bags and agricultural products.
Gujarat Government, led by Chief Minister Bhupendra Patel, resolved 83 per cent of grievances through the Visitor Management System introduced in January 2023. Citizens can meet the CM on Mondays and Tuesdays after registering online. Complaints are categorized and reviewed before being addressed. The system ensures prompt, transparent redressal, involving continuous follow-up and monitoring.
UK government documents show Tony Blair's irritation with Jacques Chirac for obstructing UN-backed military action in Iraq in 2003. Blair's government believed the French stance impeded the UN's ability to enforce the international community's will. Despite opposition, Britain joined the US-led invasion of Iraq, which impacted Blair's reputation, leading to the Chilcot inquiry in 2016.
Yashasvi Jaiswal became the third-highest scorer for India in a single calendar year with 1478 runs. In the fourth Test against Australia, Jaiswal played a crucial innings of 84 runs. A controversial decision by the third umpire for his dismissal divided opinions, as the snickometer did not show any movement even though the ball appeared to deflect off Jaiswal's gloves.
Surya Roshni shares may remain in focus today as it's the last day to buy the stock for the 1:1 bonus share issue, with January 1 as the record date. Shares will be allotted on January 2 and listed on January 3, 2025.
For decades, companies like Sony and Microsoft have bet that realistic graphics were the key to attracting bigger audiences. By investing in technology, they have elevated flat pixelated worlds into experiences that often feel like stepping into a movie.
New York City is set to host the iconic Times Square Ball Drop on December 31, 2024, marking the arrival of 2025. The event will feature a crystal ball illuminated by LED lights, musical performances, and heightened security measures. Millions will join in-person and via broadcasts.
The Kuwait Football Association has submitted a bid to host the 2031 AFC Asian Cup, following the Arabian Gulf Cup. Sheikh Ahmed Al-Yousef confirmed preparations for Fahaheel Club Stadium by February 2025.
Unimech Aerospace shares had an impressive debut on the stock market, listing with a premium of nearly 90% on BSE compared to the issue price. The company raised Rs 500 crore from its IPO, which received strong investor demand, being oversubscribed 175 times. Analysts had recommended subscribing to the IPO due to the company's favorable market positioning.
U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning for former President Jimmy Carter, who passed away at 100. The New York Stock Exchange and Nasdaq announced closures, and the bond market will close early at 2:00 p.m. ET.
Priyanka Gandhi welcomed Amit Shah's decision to classify the Wayanad tragedy as a "Disaster of Severe Nature," highlighting its aid to rehabilitation efforts. She urged for swift allocation of funds. The state's deadliest landslide in July left over 300 dead and devastated parts of Wayanad.
Gold prices were steady in early Asian trading on Tuesday, capping an exceptional year with over a 26% increase due to central bank purchases, easing monetary policies, and geopolitical tensions. U.S. gold futures saw a slight gain, while silver remained stable, and platinum and palladium edged lower.
Wall Street closed in negative territory on Monday in a light-volume session of an eventful year. End-of-year tax positioning, rising Treasury yields, and uncertainties about 2025 impacted investor sentiment. Despite recent weakness, 2024 saw strong gains for U.S. equities. Major sectors like technology and consumer discretionary posted nearly 30% gains. Boeing shares fell after an air accident in South Korea.
Taiwan's Ministry of National Defense detected multiple Chinese military aircraft and naval vessels operating near the island, with several aircraft crossing into Taiwan's Air Defense Identification Zone. This follows recent reports of increased military activity, amid ongoing tensions and concerns about China's growing military capabilities and ambitions.
ASWJ has announced sit-ins at 60 different locations across Karachi if the government does not address the MWM's ongoing protest demands by Tuesday at 3 pm. MWM is protesting nationwide for the people of Parachinar, facing violence and killings. Karachi Traffic Police have launched a 24/7 helpline to assist with traffic disruptions.
BSF troops in Punjab recovered three Pakistani drones from Rajatal village on Monday. Advanced technical countermeasures were used to prevent their use in drug smuggling. BSF, along with Punjab Police, also recovered a heroin consignment in Tarn Taran district. These efforts are part of ongoing operations to secure borders and curb drug trafficking.
Delhi Lieutenant Governor VK Saxena has advised the AAP government to increase the stipend for ASHA workers from Rs 3,000 to Rs 9,000 per month, noting the last increase was in 2018. He has also urged the immediate release of salaries for Anganwadi supervisors, unpaid for seven months.
Australian stocks fell about 0.7% in early trade Tuesday, with futures also pointing to a downbeat open in Hong Kong. A gauge of regional equities is set for its first quarterly loss this year. US contracts edged lower in Asia, following declines for both the S&P 500 and the Nasdaq 100.
The FAA is investigating a near-miss incident at LAX involving a private jet carrying the Gonzaga University basketball team and a Delta flight. The Key Lime Air jet halted in time, preventing a runway crossing during the Delta take-off. No one was injured, and Gonzaga players remained unaware of the situation.
Chinese hackers accessed U.S. Treasury Department workstations and unclassified documents through a compromised third-party software service. The breach, detected on Dec. 8, is attributed to Chinese state-sponsored actors and is under investigation. It has no ongoing access threats, and the compromised service is offline.
