Personal Finance Hacks: By implementing these strategies, not only will you be able to monitor your spending closely, but you'll also discover that saving more comes naturally when you spend less.
Bank locker rules: The objective is to provide comprehensive understanding regarding bank locker agreements, associated charges, pertinent fine print, and rights as customers.
At the same time, the airline will focus more on consolidating on the domestic routes and will not be adding many destinations, while the international network may see some marginal increase, said the sources aware of the developments.
SpiceJet and Celestial Aviation settle their USD 29.9 million dispute through negotiations, avoiding litigation. SpiceJet Chairman Ajay Singh announces successful resolution and commitment to revamping fleet. The airline plans manpower rationalization and operates 250 daily flights with a diverse fleet.
The data is a nascent indicator of India’s long but steady journey towards becoming a wealthier nation with implications for varied consumption categories
Takeda and Biological E Limited have partnered to manufacture up to 50 million doses per year of the dengue vaccine QDENGA, with the goal of delivering 100 million doses by 2030. The collaboration aims to make the vaccine widely accessible and combat dengue on a global scale.
Better to avoid AMC stocks and focus on CAMS, which looks to be the best proxy for the MF growth story
5-day week for banks soon? The United Forum of Bank Unions has written a letter to Finance Minister Nirmala Sitharaman, urging for the implementation of a five-day working week in banks. The union assures that there will be no reduction in banking hours for customers or employees if the transition is sanctioned.
Sun Pharma is recalling 54,960 bottles of Mesalamine Extended-Release Capsules, an anti-inflammatory medicine used to treat a type of bowel disease known as ulcerative colitis
In an annual letter to shareholders, Warren Buffett recognized his late business partner Charlie Munger's contributions to the company's growth, referring to him as Berkshire Hathaway's "architect". Warning his shareholders against Wall Street experts, Buffet said not to pay heed to those financial advisers who suggest them to trade often.
The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case in Mumbai. The ED is probing foreign transactions and a British Virgin Islands-based trust allegedly linked to the Hiranandani Group promoters.
The Reserve Bank of India (RBI) has announced additional measures to ensure smooth digital payments for customers using the @paytm handle. Paytm Payments Bank will no longer accept credits into customer accounts and wallets after March 15, 2024. The RBI has instructed the National Payments Corporation of India (NPCI) to consider One97 Communication Ltd (OCL) as a Third-Party Application Provider (TPAP) for UPI operations on the Paytm app.
The fund’s initial investment of $1.9 billion in March has ballooned to $10 billion in value, helped by market gains and additional stakes, according to fund manager Sudarshan Murthy.
The new Pamban bridge, India's first vertical lift railway bridge over the sea, is a breathtaking marvel. Serving as a link between Rameswaram on Pamban Island and Mandapam on the mainland, it is being constructed parallel to the old Pamban bridge.
Banking stocks led as Nifty closed at a new life high level on Thursday while Sensex increased by 535.15 points to close at 73,158.24 and Nifty gained 180.1 points to 22,235.15. Both Indian indices opened marginally higher, showing signs of recovery after breaking a six-session winning trend and Sensex rose 7.58 points to 72,630.67 points.
Before Japan's asset bubble catastrophically burst in the early 1990s, stockbroker Ryuta Otsuka remembers waving a 10,000-yen note to hail a taxi after evenings sipping champagne at high-end Tokyo nightclubs. You couldn't catch one without waving a 10,000-yen note,"The bill was worth around $70 back then and now -- although in the 1980s a greenback could buy a lot more than today.
Japanese stocks reach a record peak, breaking levels last seen in 1989, as cheap valuations and corporate reforms attract foreign money looking for alternatives to battered Chinese markets. The Nikkei share average rises above its previous all-time peak, signaling a new era and escape from deflation. The milestone draws a line under decades of lacklustre performance.
Tata Consultancy Services (TCS) plans to maintain its hiring levels but might tweak the rate depending on the demand. With a workforce exceeding 600,000, TCS is steadfast in its hiring targets.
Hong Kong and Shanghai stocks surged after Beijing's measures to boost the economy. Investors had a delayed reaction to the rate cut, with strong inflows into the onshore market. Investors reacted to increased measures to support the property market. Japanese stocks dipped after Nvidia's slump. London opened lower while Frankfurt and Paris were both up.
India plans to attract $26 billion in private investment to its nuclear energy sector. Firms like Reliance Industries, Tata Power, Adani Power, and Vedanta Ltd may invest about $5.3 billion each. The government aims to build 11,000 MW of new nuclear power generation capacity by 2040 in a hybrid model of project development.
Capital One to acquire Discover in $35.3 billion all-stock deal, combining major US credit card firms to build a payments network. Deal expected to close in late 2024 or early 2025. Conference call scheduled for Tuesday.
Driving the News: Indian stock markets continued their upward trajectory for the fifth consecutive session, pushing the Nifty and Sensex to record highs. The rally was buoyed by robust investor sentiment, with the market capitalisation of BSE-listed companies hitting an unprecedented Rs 3.91 lakh crore. Why the rise: The BSE Sensex surged 281.52 points (0.39%) to close at 72,708.16, while the NSE Nifty climbed 81.55 points (0.37%) to settle at an all-time high of 22,122.25.
The Committee of Directors on Investment on Projects approved augmentation of 765/400 kV, 1500 MVA transformer (4th) at Bhiwani at an estimated cost of Rs 141.09 crore, scheduled to be commissioned by May 5, 2025.
BYD, once mocked for poor quality, has become a global leader in electric car sales, surpassing Tesla. The company's success is attributed to expanding worldwide, introducing cost-effective Blade batteries, targeting the Chinese market's demand for cheaper cars, and raising concerns about Chinese electric car exports.
The proposed project would have an annual steel manufacturing capacity of 13.2 million tonne (MT) with a captive power plant and captive jetties with cargo-handling capacity, JSW Steel said in a BSE filing.
Berlin-headquartered ZF Group has been expanding its manufacturing base in India. The new facility is its 19th production unit in the country and its 10th in Tamil Nadu.
Japan falls to fourth place behind Germany. India projected to surpass both nations. Japan's GDP falls short of Germany's. Decline in yen due to negative interest rates. Germany faces obstacles. Japan's economy contracts, faces labour shortages, and experiences technical recession. India to surpass Japan and Germany in output.
Located in Aachegaon, Maharashtra, the plant is projected to generate approximately 40 million units (MUs) of power while offsetting more than 30,000 tonne of CO2 emissions annually, Tata Power said in a statement.
In a bid to address severe airspace congestion at Mumbai Airport, the central government has imposed flight restrictions, caused by various factors, including non-scheduled flight operations during peak hours. The Ministry of Civil Aviation revealed that, despite the escalating air traffic post-pandemic, the airport had failed to take sufficient measures.
The company’s consolidated revenue increased by 6.4 percent to Rs 627.1 crore in Q3
NPCI International Payments Limited (NIPL) and Liquid Group have partnered to enable QR-based UPI payments in 10 Southeast Asian countries, including Hong Kong and Singapore. UPI is also available in Bhutan, Oman, and Nepal. UPI facilitates instant real-time payments across multiple bank accounts.
In Q3, Eicher Motors’ total sales volume rose 3.8 percent YoY to 248,779 units. Royal Enfield volumes were up 3 percent YoY to 228,073 units while total commercial vehicle sales rose 14 percent to 20,706 units.
UPI services in Sri Lanka and Mauritius: Prime Minister Narendra Modi expanded India's digital payment system, UPI, to Sri Lanka and Mauritius today, February 12. Indian and Mauritian nationals visiting each other's countries can use UPI for easy digital transactions.
The NITI Aayog has developed economic plans for cities like Mumbai, Surat, Varanasi, and Vizag in order to help India become a developed economy by 2047. The aim is to achieve a GDP of $ 30 trillion by 2047. The vision document for this plan will be released by Prime Minister Narendra Modi.
High airfares to continue? Aviation industry experts and airline executives express skepticism over the impact of aviation regulator's move to control airfares. Recent recommendations to curb high fares are unlikely to affect rates in the current free market system. Due to capacity reductions, air ticket prices are expected to increase.
Shares of One 97 Communications, the company behind Paytm, dropped by up to 9% as hopes for quick resolution to regulatory issues faded. RBI officials reiterated their firm stance on Paytm's non-compliance. Paytm founder met with Finance Minister to address regulatory concerns.
The first 500,000 tons of capacity at the $1.2 billion facility in Mundra in the western state of Gujarat is set to start operations next month, according to Vinay Prakash, chief executive officer at Adani Natural Resources.
The Delhi High Court recently requested a statement from Rapido in a petition seeking direction to resolve challenges encountered by disabled individuals when utilizing their services. It was also informed to the court that there have been multiple updates of the mobile application by the respondent. The petition has been moved through advocate Rahul Bajaj.
According to a poll of five brokerages collated by Moneycontrol, the healthcare services provider was expected to report a consolidated net profit of Rs 238.30 crore.
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