Three people died in a clash between two tribal groups in Manipur's Tengoupal district. Tensions remained high, with prior incidents involving gunfire. Meanwhile, five opposition MLAs walked out of the Manipur legislative assembly, protesting their rejected appeal to meet Prime Minister Modi, aimed at resolving the ongoing conflict that began in May 2023.
The license has been given by the SEBI under the newly notified SM REIT regulations under the name of Property Share Investment Trust (PSIT).
Canara Bank has raised its marginal cost of funds-based lending rate by 5 basis points across all tenors, making consumer loans costlier. The one-year MCLR, affecting auto and personal loans, is now 9 per cent. This adjustment followed the RBI's decision to maintain its benchmark lending rate at 6.5 per cent.
The funds were raised by startups, mostly in the seed and early stages, through 17 rounds, compared to 26 rounds in the same period of the previous year.
Additionally, the regulator has proposed to create a closed ecosystem for fee collection by registered IAs and RAs through a separate mechanism to help investors ensure that their payments are reaching only registered IAs and RAs and help them identify, isolate and avoid unregistered entities, who would be unable to access this closed ecosystem.
The company said it is supported by 33 lenders, including prominent banks such as State Bank of India, HDFC Bank, Kotak Mahindra Bank, RBL and IDFC First Bank.
Tamil Nadu's Chief Minister, M K Stalin, launched the 'Tamizh Pudhalvan' scheme, providing Rs 1,000 monthly to boys from government and state-aided schools for their higher studies. This scheme, with a budget of Rs 360 crore, aims to support 3.28 lakh students, supplementing other existing welfare programs like fare-free travel and the women's right scheme.
Turkey on Friday marked a week since the authorities blocked access to Instagram, with Human Rights Watch (HRW) saying the suspension violated free speech. "Blocking everyone's access to an entire social media platform is a grossly disproportionate measure that violates the right to free expression and information of millions of users," HRW's Deborah Brown said.
Ola Electric shares listed at flat price but later surged to hit the upper circuit. This and more in today’s ETtech Top 5.
The Dow Jones Industrial Average fell 38.4 points, or 0.10%, at the open to 39,408.06.
India has attracted consumer goods companies like PepsiCo and Unilever due to its fast-growing economy. These firms introduced new products and packaging to appeal to India's diverse population and untapped rural markets. Enhanced government spending and private consumption recovery contributed to the positive market trends, contrasting the sluggish demand in China.
Silver prices also jumped Rs 1,400 to Rs 82,500 per kilogram on Friday against Rs 81,100 per kg in the previous trade, according to the All India Sarafa Association.
India's Foreign Tourist Arrivals (FTAs) in the past year reached 9.24 million, marking a 43.5% increase, with foreign exchange earnings totaling ₹2,31,927 crores, up 65.74%. The Ministry of Tourism's annual report highlights the need to enhance tourism infrastructure, simplify visa procedures, and promote India as a year-round destination.
Satish Kumar Agarwal, Chairman & Managing Director said: "During Q1 FY25, our revenue experienced a year-on-year decline...primarily due to the General Election and severe heat waves, which significantly impacted construction activities. We are confident that demand will improve as the government's has a strong focus on infrastructure."
Sheikh Hasina's escape to India and Khaleda Zia's release from house arrest signal a potential shift in Bangladesh's politics. Zia's return to power might affect India-Bangladesh relations due to her pro-Pakistan stance. Hasina's 15-year tenure improved bilateral ties, making her absence a critical issue for India.
Manish Sisodia, an AAP leader, was released from Tihar Jail after the Supreme Court granted him bail in the Delhi liquor policy case involving CBI and ED investigations. The court mandated the surrender of his passport and highlighted the principle of 'bail is a rule and jail an exception.
The NCP (Sharadchandra Pawar) began its campaign for the Maharashtra assembly elections with the 'Shiv Swarajya Yatra' from Shivneri Fort. The aim was to highlight issues under the current Shiv Sena-BJP-NCP government. An incident during the launch saw party leaders narrowly escape harm. The ruling NCP started its 'Jan Sanman Yatra'.
The DPC, which acts on behalf of the European Union, said in a statement that it "welcomes X's agreement to suspend its processing of the personal data contained in the public posts of X's EU/EEA users which it processed between 7 May 2024 and 1 August 2024, for the purpose of training its AI 'Grok'."
The scheme aims to deliver returns that, before expenses, align with the total returns of the securities included in the Nifty India Defence Total Return Index, while accounting for potential tracking errors.
Raven Saunders is currently the most talked about shot-putters at the moment after he grabbed the spotlight during the ongoing Paris Olympics 2024 because of his performance and grit. Saunders is one of America's prominent shot putters currently and is also known for social activism as well.
While big tech companies typically buy startups outright, they have turned to a more complicated deal structure for young AI companies. It involves licensing the technology and hiring the top employees — effectively swallowing the startup and its main assets — without becoming the owner of the firm.
Shiv Sena (UBT) MP Sanjay Raut called for the opposition bloc MVA to present a chief ministerial candidate for the forthcoming Maharashtra assembly elections. He highlighted Uddhav Thackeray's and Rahul Gandhi's consistent opposition to the BJP-led central government. Raut hinted at Thackeray as a potential candidate after meeting with Congress leadership in New Delhi.
Madhya Pradesh chief minister Mohan Yadav said proposals with an investment potential of around Rs 3,200 crore were received during his two-day visit to Bengaluru.