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-
LIC IPO: Centre could block Chinese investment in state-backed insurer’s public offer - Report
The Indian government could reportedly block Chinese investors from buying shares in the Life Insurance Corporation (LIC) of India’s upcoming mega initial public offering. -
Tesla’s Senior Vice President Drew Baglino Resigns Amid Job Cuts
Baglino comes with 18 years of experience and has been part of Tesla since 2006. -
Business Success Story: From Threads To Towers, The Remarkable Journey Of Irfan Razack, Bengaluru Tailor Turned Billionaire Real Estate Magnate
After passing out from IIT-M, he could have easily got a high-paying job in an MNC. However, he set his sights on passing the highly-sought UPC exam. -
What is a gift deed? Some simple points for easy understanding
Gift deed in India facilitates secure asset transfer with legal recognition. Registration under Transfer of Property Act is vital. Donor's intent and recipient's signature are essential. Consider tax implications for exemptions. -
Microsoft Invests $1.5 Billion In UAE-Based AI Company G42
G42 and Microsoft will also work together to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa. -
Wipro CEO Srinivas Pallia sold all his shares in IT giant for Rs 5 crore weeks before taking charge
Srinivas Pallia, the newly appointed CEO of Wipro, sold all his shares worth Rs 5 crore in a significant transaction before taking on the top position. The company declined to comment on the matter, citing a silent period ahead of its quarterly and annual results announcement. -
Elon Musk-led Tesla's global job cuts to hit China sales team: Report
Tesla's China job cuts due to sales decline in EV market competition. Analysts link layoffs to cost pressures. BYD's new models impact global deliveries, leading to price war. -
Zomato Introduces India’s First 'Large Order Fleet' For Gathering Up To 50 People
Goyal explained that earlier, Zomato's large orders were fulfilled by several different delivery partners which led to a less than satisfactory customer experience. -
Is Aadhaar mandatory for investment in small savings schemes such as Senior Citizen Savings Scheme, PPF, NSC, Sukanya Samriddhi Yojana?
Small Savings Schemes like PPF, SCSS, SSY have strict documentation rules including Aadhaar & PAN submission. Non-compliance can render accounts non-operational. SEBI RIA stresses the importance of timely updates for smooth operations. -
Tracking mobile frauds with caller ID: Soon, your network provider will warn you about scam calls - here's how
India is set to take strict actions against online and phone frauds with the establishment of a National Cyber Security Agency (NCSA) and the implementation of Calling Name Presentation (CNAP) service to combat fraudulent calls. -
Morgan Stanley Does Not Expect RBI To Go For A Rate Cut In 2024-25
India's key policy rate is expected to be steady at 6.5 per cent in 2024-25 while real rates should average 200 basis points, according to Morgan Stanley. -
Ram Navami holiday 2024: Are Indian stock markets BSE Sensex, Nifty50 closed on April 17?
BSE and NSE will be closed on April 17 for Ram Navami and April 11 for Eid-Ul-Fitr. MCX and NCDEX will also be closed. Muhurat Trading will happen on Diwali. Indices showed mixed performance in March. -
Supreme Court appreciates Indian Railways for installation of 'Kavach' anti-collision system in trains
Praise for Indian Railways Kavach system: The court had agreed to hear the PIL on implementation of ‘Kavach’ and had asked the Centre to brief it on steps taken or proposed to be taken for putting in place anti-collision systems to prevent train accidents. -
Ram Navami 2024 bank holiday: Banks to remain closed on April 17 for Ram Navami in several states; check list
Indian banks to close on April 17 for Ram Navami, with upcoming elections affecting banking operations in various states. ET report details additional holiday closures in different regions. -
India Allows 10,000 Tonnes Of Onion Export To Sri Lanka, UAE
This brings the total amount of approved onion exports from India to 79,160 tonnes, surpassing the ban on shipments imposed in December 2023. -
Soon you may be able to tip in rupees in Thailand! RBI, government look to popularise use of Indian currency
India and Thailand may be exploring a currency deal to promote the use of the rupee in the South-East Asian country. Promoting the local currency through bilateral swap deals with different countries was a strategy employed by China to make the yuan more widely accepted. -
Sensex Down More Than 300 Points As Geopolitical Concerns Weigh
The economic factor is the rising US bond yields which reduces the prospects of rate cuts by the Fed this year. -
These routes in India have base airfares of less than Rs 1,000! One route has a base fare of Rs 150 - check list
At least 22 routes feature base airfares below Rs 1,000 per person, with the lowest being Rs 150 for flights connecting Lilabari and Tezpur in Assam.The Regional Connectivity Scheme (RCS) flights typically have a duration of approximately 50 minutes on most routes. -
Samsung Set To Expand Chips Supply Chain After $6.4 Bn US Grants
Experts pointed out Samsung's production capabilities as a world-leading semiconductor producer and commitment to the US investment have led to the third-biggest subsidy deal with Washington. -
Gold Prices Firm Up Amid Rising Iran-Israel Tensions
Gold futures, maturing on June 5, 2024, stood at Rs 72,813 per 10 grams on the MCX, up Rs 536 or 0.74 per cent from the previous day’s close of Rs 72,277. -
Fintech Firm Bharatpe Elevates Nalin Negi As CEO
Under him as an interim CEO and CFO, BharatPe recorded 182 per cent increase in revenue from operations in FY23 and clocked October as the first EBITDA positive month. -
EPFO eyes major revamp with leveraging tech for automatic claims settlement, restructuring of offices; commissions study to IIT Delhi
The government is considering a revamp of the Employees' Provident Fund Organisation (EPFO) to align with the broader vision of universal social security and to significantly improve service delivery. -
Indian Railways says Vande Bharat Express very popular; over 2 crore people travelled by new trains since 2019 launch
Vande Bharat trains, known as India's first semi-high speed rail service, have successfully transported over two crore passengers by the end of March 31 this year.Today, as per railway data, 102 Vande Bharat train services are operational on 100 different routes. -
Trump Media’s $5.3 billion selloff deepens as 270% rally fizzles
Trump Media & Technology Group Corp, the company that owns Truth Social, has submitted a registration statement for its shares, including those associated with warrants. This action could potentially accelerate insider sales, which are currently restricted until September. Following the announcement, the company's stock experienced a significant decline of 18%, closing at $26.61. Despite this setback, the stock still maintains a year-to-date gain of 52%. -
Vodafone Idea's Rs 18,000 Crore FPO To Open On April 18 --Key Points
Vodafone Idea Limited has set the the Price Band of the Offer has been fixed at Rs 10 to Rs 11 Per Equity Share. -
RBI Tells Banks To Inform Borrowers Regarding Key Facts Statement Of Loan From October 1: Check 8 Key Points
RBI said that credit card receivables are exempted from the provisions.
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China's Q1 GDP grows faster than expected on policy support
In the initial three months of the year, China's economy expanded at a faster pace than anticipated, surpassing projections. The growth was primarily driven by robust manufacturing activity, reinforcing the belief that the nation can achieve its ambitious yearly objectives. According to figures released by the National Bureau of Statistics on Tuesday, the country's Gross Domestic Product (GDP) rose by 5.3% in the first quarter compared to the same period last year. -
Disclose all loan fees upfront from Oct 1: RBI
The Reserve Bank of India (RBI) has mandated banks and finance companies to provide borrowers with a comprehensive key facts statement starting from October 1. This statement will include information on all fees, the annual cost of credit, recovery agent policies, grievance contact details, and the likelihood of the loan being sold to others. -
Goods exports dip 3%, imports 5% in 2023-24
In the last financial year, India experienced a 3% decline in goods exports to $437 billion, alongside a 5.4% decrease in imports to $677 billion, leading to a narrowed trade deficit of $240 billion. With exports falling by 0.7% to $41.7 billion and imports decreasing by nearly 6% to $57.3 billion, the trade deficit for the month was the lowest since the previous May, standing at $15.6 billion. -
Crude trades flat over hopes of no spillover
Despite Iran's attack on Israel, oil prices initially rose only 0.7% to $91.05 a barrel, with gains later leveling off amid speculation that the conflict would remain contained. Over 300 missiles and drones were fired by Iran over the weekend, marking the first time it attacked Israel from its soil, though most were intercepted.
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