Kerala Chief Minister Pinarayi Vijayan criticised efforts to depict Sree Narayana Guru as an advocate of Sanatana Dharma. Vijayan stated that Guru transcended Sanatana Dharma, advocating a new-age dharma for modern times. He emphasized that Guru's vision promoted universal humanity, challenging the Varnashrama Dharma, and should not be confined within Sanatana principles.
Surya Roshni's shares will trade ex-bonus today, with a record date of January 1, 2025, for its 1:1 bonus share issue. This is the first time the company is issuing bonus shares. Despite a 25.85% share drop in the past year, the company is set to double its shares in circulation.
ITD Cementation India secured a Rs 1,648 crore EPC contract for near-shore reclamation and shore protection work at Vadhvan Port in Maharashtra. The contract was approved by the Vadhvan Port Project Limited board. This contract is crucial for establishing the core infrastructure for Vadhvan Port, enabling subsequent project phases and development of essential infrastructure.
Prime Minister Narendra Modi and President Droupadi Murmu extended New Year wishes for 2025, highlighting opportunities, success, and collective well-being. Celebrations across India featured parties, performances, and fireworks, with cities like Delhi, Mumbai, and Chennai witnessing large crowds and enthusiastic festivities.
Income Tax Rebate: "The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 and including the option to update 87A rebate will be made available shortly," said the Income Tax Department. This means you can soon expect to file a revised ITR or belated ITR to claim 87A tax rebate if eligible. By claiming 87A tax rebate, your total tax liability gets reduced and in some cases it gets nil.
India's electronics manufacturing industry is benefiting from the US-China tariff war. Anker will source one million lithium-ion cells per month from the Munouth group's Andhra Pradesh facility starting the second quarter of 2025. This shift is due to a 25% US duty on Chinese lithium cells, boosting India's nascent battery sector.
President-elect Donald Trump plans to attend former President Jimmy Carter's funeral. Trump's criticism of Carter during his campaign contrasts with his respectful social media tribute acknowledging Carter's contributions to America. Trump also addressed topics such as the Israel-Hamas conflict and expressed hopes for a prosperous 2025.
ISRO's first satellite docking experiment (SpaDeX), which is is expected to take place on January 7, will be a stepping stone to setting up the Bhartiya Antariksh Station and subsequent missions to it, said Jitendra Singh, Science and Technology Minister. He also added that space agency is set to launch the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite which is supposed to be the most expensive satellite of its kind.
Students Against Discrimination held a 'March for Unity' from Dhaka's Central Shaheed Minar. This happened instead of announcing the 'Proclamation of July Revolution' and 'New Republic' due to a warning from the army. The Bangladesh Army warned against any move to tamper with state institutions, and BNP expressed reservations.
The Quad nations - India, Australia, Japan, and the US - marked their 20th anniversary by reaffirming their dedication to a free and open Indo-Pacific and emphasized the essential role of southeast Asian countries in regional development, supporting ASEAN's unity and the implementation of the ASEAN Outlook on the Indo-Pacific.
Tahawwur Rana, a Pakistani-origin Canadian businessman, is likely to be extradited to India after the US Court of Appeals ordered his extradition. Rana is accused of involvement in the 26/11 Mumbai attacks, providing logistic and financial support to co-conspirators, including David Headley.
In the past year, Punjab Police dismantled 12 terror modules, arrested 66 terrorists, and 559 gangsters. They also confiscated heroin, arms, and drug money dropped via drones near the Pakistan border. Authorities blocked social media accounts promoting violence in response to rising terrorism and gangster activities.
ITC Hotels' demerger becomes effective today, January 1. ITC shareholders listed by January 6 receive one ITC Hotels share for every 10 ITC shares owned. The expected share price range for ITC Hotels is Rs 113 to Rs 170. Post-demerger, both ITC Ltd and ITC Hotels Ltd have strong growth potential.
Citichem India's IPO allotment is expected to be finalized today, with shares distributed via lottery. The IPO received a subscription of 384 times, with shares likely to list on January 3 on the BSE SME platform. The company raised Rs 13 crore through the sale of 18 lakh shares.
In 2024, the Congress and INDIA bloc experienced mixed results in elections. Despite BJP winning a third term, they failed to secure a solo majority. However, Congress faced defeats in Haryana and Maharashtra, leading to internal friction and questioning Rahul Gandhi's leadership. Moreover, Priyanka Gandhi Vadra's entry into Parliament adds a new dynamic to Congress politics.
The IPO of Indo Farm Equipment received strong investor response on its opening day, getting subscribed 6.94 times. The offering included both fresh shares and shares from the promoter. The funds will be used for pre-payment of borrowings, investment in a subsidiary, and general purposes. Shares are expected to list on January 7.
All NDA parties' leaders, invited by BJP's JP Nadda, have resolved to address Congress criticisms cohesively and to continuously collaborate on critical issues. The BJP has actively worked to resolve differences with allies, ensuring unity ahead of the 2025 Bihar Assembly elections and addressing significant topics like caste census and Uniform Civil Code.
Two projectiles were fired from Gaza into Israel at the beginning of the new year. One was intercepted by Israel's military, and the other landed in an open area. Recent Israeli military operations have targeted northern Gaza to prevent Hamas from regrouping. The Gaza war has resulted in significant casualties on both sides, with a high number of civilian deaths.