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Новости за 25.06.2024

Digital Rupee transactions slump after reaching initial RBI target

Economictimes.indiatimes.com 

India's digital currency, the e-rupee, has seen a sharp decline in usage, dropping to 10% of its December peak, sources reveal. Initially boosted by incentives, daily transactions fell from 1 million to about 100,000 after these incentives waned. The Reserve Bank of India is now focusing on refining the technology and exploring new use cases.

Zomato growing faster than Swiggy, says CLSA with target price of Rs 248

Economictimes.indiatimes.com 

Global brokerage firm CLSA has set a target price of Rs 248 per share for Zomato, acknowledging its lead over IPO-bound Swiggy. In its annual results release, Prosus, with a 32.7% stake in Swiggy, revealed that Swiggy's overall GMV growth, encompassing food delivery, quick commerce, and dining out businesses, was 26% YoY, while Zomato achieved a 32% YoY growth.

Lok Sabha Speaker Nomination: Rahul Gandhi says will support the choice if Dy speaker post given to oppn

Economictimes.indiatimes.com 

Lok Sabha Speaker Nomination: Congress leader Rahul Gandhi stated that the opposition would back the government's choice for Lok Sabha Speaker if the deputy speaker's post is offered to the opposition bloc. He noted that Defence Minister and senior BJP leader Rajnath Singh had not responded to their request regarding the deputy speaker's position.

Zurich Insurance set to raise India headcount by 40% in next three years

Economictimes.indiatimes.com 

“India will soon be the world’s third largest economy, the largest working age population, the biggest middle class amongst emerging markets, the strongest route of growth in the G20 for insurance,” Tulsi Naidu, chief executive officer for Asia Pacific, said in an interview.



Kalpataru Projects International bags orders worth Rs 2,333 crore

Economictimes.indiatimes.com 

Kalpataru Projects International (KPIL) announced on Tuesday securing Rs 2,333 crore in new orders. These include Transmission & Distribution (T&D) projects in India and abroad, an EPC contract for a metal industry plant, and a residential building project in India. CEO Manish Mohnot highlighted the strong growth outlook for their T&D and Building & Factories segments.

CJI Chandrachud announces Lok Adalat from July 29 amid concerns about large backlog of cases

Economictimes.indiatimes.com 

Chief Justice of India DY Chandrachud announced the commencement of a special Lok Adalat from July 29 to August 3. He urged citizens, lawyers, and advocates to participate in resolving cases swiftly and amicably to address the large backlog of cases. He highlighted on the informal and technology-based nature of the Lok Adalat and termed it as a voluntary and consensual dispute resolution mechanism that offers final and binding awards with no appeal process. The system promotes cost-effective and... Читать дальше...

NEET-UG: Second-time lucky mystery investigated after students ranks spike from lesser-known centres

Economictimes.indiatimes.com 

NEET-UG probe" This trend of marked rank improvement on the second attempt, facilitated by changing exam centers to less popular locations, has intrigued educators in the medical field. Efforts are underway to compile a list of such successful candidates who opted for these obscure centers and are now pursuing MBBS in government-run medical colleges.

Xi continues his drive to purify the PLA and instill loyalty

Economictimes.indiatimes.com 

Xi is heavily involved in military appointments and promotions, supposedly of candidates who are reliable, competent and loyal. Yet with so much cash being splashed around in ever-increasing defence budgets, some high-up officers in the PLA have seized the opportunity to profit personally.

Deven Choksey on one sub-sector to be bullish on in run up to election

Economictimes.indiatimes.com 

​Maybe for buying the deep value investment opportunity, we will have to see a correction in the market. If at all it comes, that would be a good opportunity to buy into it. But otherwise, I maintain that I think, yes, the fundamental is not doubted. The current valuations are not comforting.

1975 Emergency explained: A look back at India's 'dark days of democracy'

Economictimes.indiatimes.com 

1975 Emergency: On June 25, 1975, then-Prime Minister Indira Gandhi declared a state of Emergency in India, citing a "deep and widespread conspiracy" against her government. This move followed a Supreme Court stay on a verdict nullifying her election and barring her from parliamentary proceedings. During the 21-month Emergency, civil liberties were suspended, and strict censorship was imposed. Gandhi's government faced criticism and protests, leading to its end in 1977 after general elections were called and political prisoners were released.

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UN unveils principles for fighting online disinformation

Economictimes.indiatimes.com 

The United Nations on Monday published principles for fighting online disinformation, including an overhaul of the advertising model of social media networks. After consultations with a variety of actors in the field, the United Nations has now published broad principles -- although with no enforcement mechanisms.

Opposition unlikely to contest LS Speaker's post: Sources

Economictimes.indiatimes.com 

INDIA bloc is unlikely to contest the Lok Sabha Speaker's post, with the NDA nominee expected to be elected unopposed. The Opposition has demanded the choice to pick the deputy speaker, but Defence Minister Rajnath Singh did not assure them on this issue. Efforts are being made to build a consensus among opposition leaders as the NDA candidate prepares to file his nomination.

This fund manager thinks it is the right time to bet on consumption theme. Here’s why

Economictimes.indiatimes.com 

The common theme is these are all branded goods and services that consumers are either consuming today or want to consume. So, in a way, this is a heterogeneous thematic, which allows for that opportunity for picking and managing between different sub-segments, as well as diversification, says Nippon India MF's Amar Kalkundrikar.


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