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Новости за 20.06.2024

Rupee falls to record low hurt by likely outflows, importer dollar demand

Economictimes.indiatimes.com 

The currency fell to a record low of 83.6650 against the U.S. dollar in the latter half of Thursday's trading session, closing at 83.6425. This marks a decline from the previous session's close of 83.4550. Traders attributed the currency's weakness to a broadly stronger dollar and a weakening Chinese yuan, which exerted additional pressure on the Indian currency throughout the day.

Arjun Baljee appointed president of Royal Orchid Hotels

Economictimes.indiatimes.com 

Arjun Baljee appointed as president of Royal Orchid Hotels, leading the company's growth from 2 to 10 hotels. Chander K Baljee, chairman, praises Baljee's leadership for future expansion plans.

Telecom sector revenue surges 87% to Rs 2.4 lk cr in FY24: Report

Economictimes.indiatimes.com 

Telecom sector revenue in FY24 reached Rs 2,39,900 crore ($29 billion), an 87% increase from its FY19 low following Reliance Jio's market entry and about 40% higher than FY16 figures, according to a CLSA report. This surge reflects the continuing subscriber gains by Jio and Airtel at Vodafone Idea's expense, with Jio and Airtel now controlling 78% of the sector's revenue combined, a figure CLSA expects to rise to 83% by FY26.



Banking return on assets to dip 10-20 bps: Crisil

Economictimes.indiatimes.com 

Return on assets (RoA) of banks, after hitting a 20-year high in the previous year, is forecasted to ease to 1.1-1.2% in the current fiscal year, according to Crisil Ratings. The moderation is attributed to higher deposit costs impacting net interest margins. Credit costs are expected to stabilize, supporting overall profitability as non-performing assets decrease.

Stanley Lifestyles IPO: 10 things to know before subscribing to the issue

Economictimes.indiatimes.com 

​The initial public offering (IPO) of Stanley Lifestyles will open for subscription on June 21. The issue closes on June 25. Through the public offer, the company plans to raise around Rs 537 crore. Here are 10 things to know about Stanley Lifestyles IPO before subscribing to the issue.

Renukaswamy case: Investigation finds actor Darshan did pooja at wife's flat post fan's murder

Economictimes.indiatimes.com 

The Renukaswamy murder case has been reopened after the discovery of footwear belonging to actor Darshan at his wife Vijayalakshmi's flat. Darshan allegedly wore the loafers during the fatal beating of his fan on June 8. After disposing of Renukaswamy's body, Darshan visited Vijayalakshmi's flat and performed puja with her before heading to Mysuru.

Study finds direct impact of Yoga Nidra on deep relaxation, awareness

Economictimes.indiatimes.com 

A study by researchers at IIT-Delhi, AIIMS, and Mahajan Imaging found that Yoga Nidra induces deep relaxation and heightened awareness, with more significant brain changes observed in experienced meditators. Supported by the Department of Science and Technology, the study explored how Yoga Nidra affects brain function, showing differences in Default Mode Network connectivity between meditators and novices. The practice is believed to help release buried subconscious patterns for improved health.

Exams being rigged under BJP rule: Akhilesh Yadav

Economictimes.indiatimes.com 

Akhilesh Yadav criticizes the Central government for canceling the UGC-NET exam, citing concerns about the 'paper mafia' rigging exams under BJP rule. The Education Ministry canceled the UGC-NET conducted by the National Testing Agency, leading to a CBI investigation.

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Economictimes.indiatimes.com 

The decree, approved by cabinet lays out fines of between 5,000 and 5 million euros ($5,400-$5.4 million) for insider trading, unlawful disclosure of inside information or market manipulation. Cryptocurrencies enable people to send money around the world without using the mainstream financial system.

Domestic demand for steel soars in India, country turns net importer in FY24: CRISIL Report

Economictimes.indiatimes.com 

India has shifted from being a net exporter to a net importer of steel in fiscal 2024, with a trade deficit of 1.1 million tonnes. Surging domestic demand led to increased imports from China, South Korea, Japan, and Vietnam. Despite a rise in exports, India faces challenges from Chinese competition. Strong domestic demand and production growth indicate positive prospects for the Indian steel industry. Strategic adjustments are needed to manage imports and maintain export competitiveness.

Новости России
Москва

Совладелец «ТЕХНОНИКОЛЬ» Игорь Рыбаков запустил на Дальнем Востоке бизнес-клуб «Эквиум»


NEET cancelled or NET? Here's what education ministry said about new exam dates and all latest updates

Economictimes.indiatimes.com 

The Ministry of Education addressed concerns over NTA-administered exams, including NEET-UG, JEE, CUET, and NET. Amid calls for NEET cancellation, confusion arose after UGC-NET's sudden cancellation. The Ministry cited integrity concerns from I4C, leading to UGC-NET's cancellation. NEET issues like grace marks and paper leaks in Bihar were discussed, with investigations ongoing. NTA, overseeing exams for over 1 crore candidates, adjusts processes based on feedback and past experiences.

Quidich Innovation Labs secures funding from Centre Court Capital

Economictimes.indiatimes.com 

Quidich will use newly raised funds to expand its reach across new sports and geographies, as well as furthur developing its technology stack. Founded in 2013, the company has collaborated with Board of Control for Cricket in India (BCCI), International Cricket Council (ICC), Channel 7 in Australia among others.

NEET paper leak: Bihar student confesses about getting leaked paper a day before exam

Economictimes.indiatimes.com 

Amid allegations of the NEET-UG 2024 paper leak, Anurag Yadav confessed to receiving the leaked question paper from his uncle, Sikandar Prasad Yadavendu, the day before the exam. Patna Police confirmed Yadavendu's involvement, along with two others. The controversy led to protests and demands for a re-test, prompting the NTA to cancel scores and offer a re-exam option.

Former India cricketer David Johnson passes away at 52

Economictimes.indiatimes.com 

Former Indian cricketer David Johnson, a fast bowler, passed away at 52 after jumping from the fourth floor. Known for playing two Tests, his death has left the cricketing community shocked.


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