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Новости за 08.07.2024

Mumbai rains: IMD issues orange alert after monsoon rains flood India's financial capital

Economictimes.indiatimes.com 

An 'orange' alert for heavy to very heavy rainfall has been issued in Mumbai by the India Meteorological Department, with a 'Yellow' alert for heavy rain tomorrow. Heavy rains inundated Mumbai on Monday, causing flooding on roads and railway tracks. More than 300 mm of rain fell in six hours, leading to waterlogged streets and disruption of local train services. The Mumbai airport also faced runway closures and flight diversions due to heavy showers and low visibility.

Breathing room for Delhi's Chandni Chowk? MCD mulls shop relocation after fire scare

Economictimes.indiatimes.com 

The Municipal Corporation of Delhi (MCD) is considering relocating shops from Chandni Chowk's crowded lanes to make the area safer and more breathable. This decision follows a recent fire incident and was discussed in a July 1 meeting between the assistant commissioner of the City SP Zone and Walled City stakeholders.

AU Small Finance Bank shares tumble over 4% as total deposits decline QoQ

Economictimes.indiatimes.com 

AU Small Finance Bank's shares declined by 4.25% to Rs 644 on the BSE following a slight 0.4% QoQ decrease in total deposits, totaling Rs 97,290 crore for Q1 ended June 2024. Conversely, CASA deposits rose by 1.8% QoQ, reaching Rs 32,034 crore in Q1 FY25 from Rs 31,456 crore in the previous quarter.

MahaRERA acts against 628 projects for registration, QR code rules non-compliance

Economictimes.indiatimes.com 

MahaRERA has taken action against 628 housing projects in Maharashtra for failing to display registration numbers and QR codes in advertising. Homebuyers are advised to only engage with projects that have the mandatory RERA registration. Collaboration with ASCI helps identify violators across traditional and new-age media platforms.



Napoleon's pistols sold for €1.69 million at Fontainebleau auction

Economictimes.indiatimes.com 

Two pistols that Napoleon Bonaparte intended to use for suicide were sold for €1.69 million at an auction in Fontainebleau. Classified as national treasures by the French government, the pistols' export is banned. The sale price exceeded estimates, with the buyer remaining anonymous. This event highlights the enduring fascination with Napoleon memorabilia among collectors.

Hemant Soren wins trust vote in Jharkhand assembly

Economictimes.indiatimes.com 

Jharkhand Chief Minister Hemant Soren successfully won the trust vote during a special one-day assembly session on Monday. Following this, sources indicated that a Cabinet expansion is likely to occur. Soren, who was sworn in as the 13th Chief Minister on July 4 after securing bail from the Jharkhand High Court, convened a meeting with INDIA bloc leaders and MLAs to discuss the expansion plans.

Budget 2024: Time for Modi 3.0 to focus on rural India and jobs

Economictimes.indiatimes.com 

Budget 2024 Expectations: India's budget may targets rural economy, job creation, and a 5.1% fiscal deficit. Focus includes labor-intensive sectors, MSME credits, services exports, and agricultural infrastructure, addressing unemployment and inflation. Goldman Sachs notes food supply emphasis, while Citi suggests extending incentive schemes. Modi's government returned with Bharatiya Janata Party allies. Sengupta highlights long-term policy impact.

ONDC monthly transactions hit 10 million in June: report

Economictimes.indiatimes.com 

The government-backed Open Network for Digital Commerce’s (ONDC) has added one million monthly transactions over the past two months. The report said that ONDC has reduced financial incentives tied to order volume for network participants by as much as 75% starting in the second quarter of fiscal year 2025.

RVNL, IRFC among other railway stocks rally up to 16% ahead of Union Budget

Economictimes.indiatimes.com 

Railway stocks, including RVNL and IRFC, reached new peaks before the upcoming Union Budget. Positive sentiment surrounds RVNL after signing MoU with DMRC. Other companies like Texmaco Rail and RailTel also saw significant gains. Finance Minister to present budget on July 23, with focus on targeted spending.

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Budget 2024: Is a Rs 10 lakh insurance the vitamin India's healthcare system needs?

Economictimes.indiatimes.com 

The Centre is considering doubling the beneficiary base of the Ayushman Bharat health insurance scheme over the next three years, starting with those aged above 70, alongside raising annual coverage to Rs 10 lakh. These proposals are anticipated in the upcoming Union Budget. The interim Budget increased Ayushman Bharat's allocation to Rs 7,200 crore for secondary and tertiary care, with Rs 646 crore for health infrastructure.

Sell LIC policy and 'get money in 48 hours with life cover till maturity': Looks attractive? But beware of legal aspects, other rules

Economictimes.indiatimes.com 

LIC policyholders looking to exit their policies can now consider a new option — ACESO's ALIP. This plan allows policyholders to surrender their LIC policy to a Trust and get the surrender value within 48 hours, while still retaining the life cover benefit, the company says. When policyholders die, the nominees can claim the death benefit paid by LIC from the Trust. Is ALIP legal in India? What did LIC say about selling your insurance policy to a Trust? What LIC policyholders should keep in mind... Читать дальше...

PC Jewellers shares hit 10% upper circuit on PNB approval for one-time settlement of dues

Economictimes.indiatimes.com 

PC Jewellers' shares surged 10% to Rs 56.2 in Monday's BSE trade following approval from PNB for a one-time settlement of its dues. The OTS terms include cash and equity components, release of securities, and mortgaged properties. However, specific details regarding outstanding dues with other banks and OTS specifics were not disclosed.

Heavy rains in Mumbai cause disruption, BMC deploys emergency personnel

Economictimes.indiatimes.com 

Mumbai Rains: The Brihanmumbai Municipal Corporation (BMC) in Mumbai has mobilized emergency personnel and stationed officers in response to heavy rains, with Colaba and Santacruz receiving significant rainfall. Various rain-related incidents, including a house collapse and falling branches, have been reported, but no injuries.


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