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Новости за 12.05.2024

India's coal import rises 8% to 268 MT in FY24

Economictimes.indiatimes.com 

India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer. March FY24 saw an increase to 23.96 MT. Non-coking coal import was 15.33 MT, while coking coal import stood at 5.34 MT. Domestic coal production in FY24 grew by 11.65% to 997.25 MT.

MoSPI says 449 infra projects hit by cost overrun of Rs 5.01 lakh cr in March

Economictimes.indiatimes.com 

The total original cost of these projects was Rs 26,87,535.69 crore, but their anticipated completion cost is expected to be Rs 31,88,859.02 crore, representing an 18.65% increase. The report noted that out of 1,873 projects, 779 were delayed, with reasons including land acquisition delays, environmental clearances, and infrastructure support issues

The rise of Finternet: an interconnected network of financial ecosystems

Economictimes.indiatimes.com 

A new model proposed by Nandan Nilekani and Agustín Carstens envisages multiple financial ecosystems interconnected with each other. Multiple financial ecosystems interconnected with each other is called Finternet, the building blocks of which combine technological advances with sound governance. The framework proposes using technologies such as tokenisation and unified ledgers.

Andhra Pradesh set to go for Lok Sabha, assembly polls in single phase

Economictimes.indiatimes.com 

AP Congress president and Jagan's sister YS Sharmila (Kadapa) and BJP state chief Purandeswari (Rajamahendravaram), among others, are in Lok Sabha poll fray. The YSRCP is contesting in all 175 Assembly seats and 25 Lok Sabha segments in the state. As part of a seat sharing deal among NDA partners, the TDP was allocated 144 Assembly and 17 Lok Sabha constituencies while the BJP will contest from six Lok Sabha and 10 Assembly seats.

China overtakes US to become India’s top trading partner in FY24

Economictimes.indiatimes.com 

In the fiscal year 2023-24, China has overtaken the US as India's largest trading partner, with a total two-way commerce of $118.4 billion, as per the data from the economic think tank GTRI. India's exports to China rose by 8.7 percent to $16.67 billion, while imports increased by 3.24 percent to $101.7 billion. Conversely, exports to the US dipped slightly to $77.5 billion, and imports decreased by about 20 percent to $40.8 billion.



Andhra Pradesh's Vijayawada Lok Sabha constituency, a battlefield for two brothers

Economictimes.indiatimes.com 

The Vijayawada Parliamentary constituency is set for a fierce battle between brothers K Srinivas of YSRCP and K Sivanath of TDP in the upcoming Lok Sabha polls. Srinivas, a seasoned politician, shifted to YSRCP due to differences within TDP, notably over his replacement by Sivanath as the candidate. The constituency holds significant Assembly seats. Despite Srinivas's past electoral success and development efforts, locals express concerns over BJP's treatment of Andhra Pradesh, particularly regarding promised special status and tax revenues.

UP gears up for fourth phase of polls in 13 constituencies

Economictimes.indiatimes.com 

Voting for the fourth phase of the Lok Sabha elections in Uttar Pradesh covering 13 parliamentary constituencies will happen soon. Key candidates include SP president Akhilesh Yadav in Kannauj and Union Minister Ajay Mishra Teni in Kheri. BJP is banking on 11 sitting MPs and has fielded new candidates in two constituencies. Over 2.46 crore voters are eligible. Campaigning saw heated exchanges, with PM Modi criticizing opposition parties' strategies and Rahul Gandhi predicting a significant win for the Congress-INDIA bloc.

Andhra Pradesh Lok Sabha Elections: Visakhapatnam to witness a 3-corner contest

Economictimes.indiatimes.com 

Ruling Yuvajana Sramika Rythu Congress Party (YSRCP's) candidate Botsa Jhansi Lakshmi faces a tough battle in Visakhapatnam against Telugu Desam Party's Sri Bharat and Congress's P Sathyanarayana Reddy. Botsa Lakshmi is the wife of the State Education Minister and YSRCP senior leader, Botsa Satyanarayana.

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Delhi CM Arvind Kejriwal to meet with AAP MLAs today, first after exit from jail

Economictimes.indiatimes.com 

Delhi Chief Minister Arvind Kejriwal has a busy schedule ahead, starting with a meeting with Aam Aadmi Party MLAs after his release from Tihar Jail. He plans a series of events including a press conference and roadshows. Kejriwal questioned PM Modi's potential retirement due to his age, drawing reactions from BJP. Union Home Minister Amit Shah clarified there's no leadership change planned.

12 dead after Indonesia flash floods, cold lava flow

Economictimes.indiatimes.com 

The disaster hit Agam and Tanah Datar districts in West Sumatra province at around 10:30 pm (1530 GMT) on Saturday after hours of heavy rain, triggering a flash flood and a cold lava flow from Mount Marapi, according to Basarnas search and rescue agency.

What is the best way to regulate algo trading and make it safer for retail traders?

Economictimes.indiatimes.com 

For retail traders to effectively compete, access to algorithmic trading must be democratised. This involves not only continued regulatory backing, but also the availability of practical algo tools that provide similar levels of automation and discipline as those used by institutional traders and professional fund managers.


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