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2024

Новости за 21.08.2024

Best-performing cryptos with potential for more gains in 2024

Economictimes.indiatimes.com 

Cryptocurrency investors saw rewarding gains with Bitcoin, Ethereum, and Solana in 2024. Top-performing cryptos with growth potential include The Meme Games ($MGMES), PlayDoge ($PLAY), Solana (SOL), and Cardano (ADA). $MGMES brings Olympics excitement to memecoins. PlayDoge taps into play-to-earn and meme trends, while Solana and Cardano continued to expand and show promise.

Top cryptos to buy right now as meme coins fill the top trending list

Economictimes.indiatimes.com 

The article focused on three notable cryptocurrencies gaining momentum in their presale stages: Pepe Unchained, Crypto All-Stars, and PlayDoge. Pepe Unchained aims to improve meme coin transactions, Crypto All-Stars introduces a unique staking platform, and PlayDoge combines gaming with cryptocurrency rewards. Each project exhibits strong investor interest and growth potential.

Chiratae Ventures unveils third cohort of seed investment programme

Economictimes.indiatimes.com 

Chiratae Ventures has unveiled the third group of startups to be honed via its flagship seed investment programme on Wednesday. In the last two editions of Sonic, Chiratae Ventures invested around $25 million in 20 companies at the seed and pre-Series A stages.

TOTO looks to tap opportunities in India's Tier-II & III cities

Economictimes.indiatimes.com 

TOTO, the sanitaryware manufacturer from Japan, planned to strengthen its foothold in India's Tier-II and Tier-III cities. Taking advantage of increasing urbanisation and higher disposable incomes, TOTO India aimed to add 40 new channel partners in 2024 and broaden its product offerings to cater to diverse preferences, according to Managing Director Shiozawa Kazuyuki.

Himachal's economy will stabilise in six months after which arrears, DA will be disbursed: CM Sukhvinder Singh Sukhu

Economictimes.indiatimes.com 

Chief Minister Sukhvinder Singh Sukhu expressed confidence that Himachal Pradesh's economy will stabilize in six months, enabling additional arrears and dearness allowances. Addressing financial challenges, he outlined expenditure priorities and new educational and rehabilitation initiatives. The state aims to manage subsidies on electricity and water, ensuring support for the needy.



Problems of over-lending in microfinance surface again

Economictimes.indiatimes.com 

Overleveraging in microfinance has resurfaced despite RBI's regulations from two years ago. Issues include unreliable household income measurement and over-reporting by field officers. Industry bodies are pushing for stricter loan exposure limits. Increased delinquency rates have led lenders to take tighter measures for new-to-credit customers, aiming to mitigate emerging credit risks.

Power surge? Rupesh Sankhe’s top 4 power utility picks

Economictimes.indiatimes.com 

Rupesh D Sankhe from Elara Capital favored CESC and NTPC as top picks in the power utility sector. CESC, with significant renewable energy plans, is trading at a 60% discount. NTPC’s potential future value lies in its renewable IPO and thermal projects. Hydro companies NHPC and SJVN also have strong project pipelines offering substantial growth prospects.

Scheme to bolster medical device industry to roll out soon: Pharma Secretary

Economictimes.indiatimes.com 

The Department of Pharmaceuticals will launch a new scheme within a month to strengthen the domestic medical device industry, according to Secretary Arunish Chawla. The initiative, developed after extensive consultations, aims to reduce import reliance and promote self-reliance. The scheme has secured in-principle approval from the Finance Ministry.

Rural demand in FMCG sector will grow more in the coming quarters: Axis Securities

Economictimes.indiatimes.com 

In Q1FY25, India's FMCG sector saw significant growth, led by a strong recovery in rural demand. Companies faced headwinds like competitive intensity and rising raw material prices but managed to post revenue gains. Strategic rural distribution and marketing investments are expected to drive future success.

Watch Patna SDM accidentally hit by Policeman lathi during Bharat Bandh, video goes viral

Economictimes.indiatimes.com 

During the Bharat Bandh, Patna Police resorted to lathi charges and water cannons against Bhim Army members. Protests spread across multiple Bihar districts against a Supreme Court ruling on quota classification. Demonstrators blocked train services and highways, calling for quotas to be secured in the 9th Schedule of the Constitution.

Former RG Kar Hospital official moves HC, seeks ED probe against ex-principal

Economictimes.indiatimes.com 

A former deputy superintendent has requested an ED investigation into alleged financial irregularities by ex-principal Sandip Ghosh at RG Kar Medical College. The Calcutta High Court approved the petition. Concurrently, a state-formed SIT and the CBI are probing financial discrepancies and the suspicious death of a woman doctor at the institution.

After 29 years, man born out of wedlock gets full rights

Economictimes.indiatimes.com 

The Chhattisgarh high court recognized a 29-year-old man born to an unmarried woman as a legitimate son, entitling him to benefits from his biological father. This overturned a lower court decision that dismissed his claims. The court highlighted that children could seek such relief regardless of time limits, calling the previous judgment legally flawed.

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Inside government's ₹3 trillion push to empower women at work

Economictimes.indiatimes.com 

The Union Budget 2024 earmarked ₹3 trillion to empower Indian women, focusing on skill development, entrepreneurship, and infrastructure solutions. The funds sought to remove barriers to female workforce participation in traditionally male industries. By improving childcare facilities and housing options, the initiative aimed to create a more inclusive economy with women playing key roles.

Kotak Mahindra Bank to outperform Nifty, says JM Financial

Economictimes.indiatimes.com 

According to JM Financial, Kotak Mahindra Bank's stock is expected to outperform the Nifty50 index. The stock shows signs of upward movement with 50-day, 100-day, and 200-day averages trading in a narrow range. Futures open interest declined by 5%, indicating no short accumulation.

India allows export of 200,000 tonne non-basmati rice to Malaysia

Economictimes.indiatimes.com 

India has allowed the export of 200,000 tonnes of non-basmati white rice to Malaysia as per an August 20 notification, coinciding with the Malaysian Prime Minister's visit. Initially banned in July 2023, exports have now started to various countries under set conditions to address their food security needs.

India remains net steel importer in April-July as Chinese shipments rise

Economictimes.indiatimes.com 

India has been a net importer of steel during April to July of the current fiscal year, importing 2.69 million tons, primarily from China. Meanwhile, exports totaled 1.57 million tons. The increasing imports have driven down steel prices to their lowest in more than three years. Major steel companies have expressed concerns over rising imports.

Mango Millionaire: Radhika Gupta announces new book on investing

Economictimes.indiatimes.com 

Mango Millionaire simplifies financial concepts, offering clear and practical answers to your everyday money concerns. Covering topics from personal finance and investing to debt management, financial risk, and taxes, this book breaks down complex ideas into easy-to-read, bite-sized chapters with actionable steps for readers to implement in their own lives, as highlighted in a press release by Edelweiss Mutual Fund.


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