In Singrauli, Madhya Pradesh, an Assistant Sub-Inspector caused a commotion at Baidhan police station by tearing his uniform during an argument. The incident, captured on CCTV, involved a dispute over a drain issue near his home. An investigation has been ordered to determine the cause and the source of the leaked footage.
Here’s a look at some of his recent ventures
A recent PRRI survey highlights the rise of authoritarianism in the US, driven by Trumpism, Christian nationalism, and right-wing propaganda. The poll reveals significant support for political violence and rule-breaking among Trump supporters, alongside widespread agreement with extremist views on immigration and societal roles.
The crypto market in 2024 has seen notable developments, including the launch of Bitcoin and Ethereum ETFs. Analysts highlight five altcoins to watch: Solana, Ethereum, Injective, Toncoin, and Angry Pepe Fork. These cryptocurrencies are expected to see price increases in the coming weeks despite current market challenges.
The Delhi High Court has granted bail to Amit Katyal, a close aide of RJD chief Lalu Prasad, in a money laundering case related to the alleged land-for-jobs scam in Indian Railways. Katyal was arrested by the Enforcement Directorate in November 2023 under the Prevention of Money Laundering Act.
Union Home Minister Amit Shah announced that the Waqf (Amendment) Bill, aimed at managing and preserving Waqf properties, will soon be passed in Parliament. The bill also seeks to prevent misuse of these properties. Additionally, the government highlighted achievements such as developing tribal villages and extending schemes for sanitation workers and people with disabilities.
Voting for the 2024 US presidential election is on November 5. Registration deadlines vary by state, with some as early as next month. Nearly all US citizens aged 18 and above are eligible to vote, though some states have restrictions for convicted felons and individuals with specific mental disabilities.
The four-day event organised by EEPC India will witness the participation of over 25 speakers across 8 dedicated sessions.
An audit report from the Madhya Pradesh government highlights rule violations and missing documents related to Project Cheetah at Kuno National Park. Originally designated for Asiatic lions, no efforts have been made for their reintroduction. Financial discrepancies and lack of documentation raise concerns about resource management.
ETMarkets research showed that around 15 stocks were added to the portfolios of more than 15 mutual fund schemes in August, a decrease from the number added in July.
The Supreme Court of India has temporarily halted demolitions across the country without its prior permission, addressing concerns over 'bulldozer justice'. This order, effective until October 1, excludes unauthorised constructions on public roads and footpaths. The Court emphasized that any illegal demolition goes against the Constitution's ethos.
Canara Robeco Consumer Trends Fund, launched 15 years ago, has outperformed its benchmark with a 17.62% CAGR. A Rs 10,000 investment in the fund at inception would have grown to Rs 1.13 lakh by August 30, 2024
West Bengal's economic performance has declined over decades, as noted in a working paper by the Economic Advisory Council to the Prime Minister. The state, once a major contributor to national GDP, now lags behind. In contrast, southern states have surged ahead post-1991 economic liberalization, significantly boosting their share of India's GDP.
New external members of RBI's monetary policy committee, to be appointed soon, will face new growth risks. RBI Governor Shaktikanta Das highlighted these risks, including persistent inflation and high global debt levels. The four-year term of current external members ends on Oct 4, just before the next MPC decision on Oct 9.
Investors will be squarely focused on Fed's decision on Wednesday, with markets now pricing in a 67% chance that the U.S. central bank could ease rates by 50 basis points
Mohan's testimony kicked off the second week of a trial over the Justice Department's allegations that Google has a monopoly on the advertising technology market. Mohan, who joined Google as part of its acquisition of advertising software company DoubleClick in 2008, said the search giant faced ample competition in the ad tech market.
ETMarkets research showed that around 15 stocks were added to the portfolios of more than 15 mutual fund schemes in August, a decrease from the number added in July.
EU Commission President Ursula von der Leyen has named Spain's Teresa Ribera as the next antitrust commissioner and Estonia's Kaja Kallas for foreign policy. Lithuania's Andrius Kubilius will be the first defence commissioner. The new Commission will focus on prosperity, security, democracy, and competitiveness for the green transition and digitalisation.
Canara Robeco Flexicap Fund, an open-ended scheme investing across market capitalizations, has completed 21 years. Launched in September 2003, the fund has achieved an 18.31% CAGR, outperforming its benchmark BSE 500 TRI. With an AUM of Rs 13,510.37 crore as of August 2024, it focuses on fundamentally strong companies.
Frendy, a grocery chain, plans to open 300 marts and achieve Rs 500 crore in revenue by 2026. The firm currently operates over 25 mini marts and 2,000 mini kiranas. The focus is on expanding in tier 3 towns and digitally connecting micro kiranas to these marts.
Tata Group is transitioning into green businesses and semiconductor manufacturing to prepare for the future, says chairman N Chandrasekaran. This includes closing blast furnaces at Tata Steel's UK unit, resulting in 2,500 job cuts. The shift aims to improve financial fitness and competitiveness across various sectors, including Air India.
Myntra's CMO, Sunder Balasubramanian, highlights the immense business opportunity in targeting Gen Z, who represent over 200 million individuals in urban India, with 60 million already shopping online. Myntra has doubled its Gen Z customer base from 8 million to 16 million in just over a year and aims to add another 20-25 million in the coming years.
RE-Invest 2024 began in Gandhinagar, highlighting Orb Energy's efforts to make solar power affordable and accessible. The company has installed over 300 MW of solar systems and launched a 35 MW solar park in Karnataka. Orb Energy's unique vertically integrated approach includes manufacturing, EPC, and in-house financing, making solar energy more accessible for customers.
US Election 2024: Peter Thiel, a right-wing tech billionaire, predicts that the 2024 election between Donald Trump and Kamala Harris won't be close. He believes either side will collapse in the next two months. Thiel, who is pro-Trump, has decided not to donate politically but supports Trump and JD Vance in other ways.