A special MP-MLA court in Sultanpur heard a defamation case against Rahul Gandhi for alleged remarks about Amit Shah during the 2018 Karnataka elections. After cross-examination of complainant Vijay Mishra, proceedings are set to continue on January 10. Gandhi contests the charge, calling it a political conspiracy.
India's climate progress is hindered by limited technology transfer from developed countries. The government diverts resources to develop solutions locally due to lack of promised support. Intellectual property barriers further restrict access to necessary technologies. This challenge was addressed at the UN climate conference, urging developed nations to facilitate technology transfer and financial support.
A 52-week high is a key metric for traders and investors, representing a stock's highest value over the past year. It serves as a valuable indicator of a stock's market position and helps assess its potential for future growth.
The 30-share BSE Sensex closed up 1436.3 points at 79943.71
Zerodha CEO Nithin Kamath observed a 20-30% decline in F&O activity since Sebi's regulations were introduced. He anticipates a further dip in 2025 due to increased lot sizes. Equity turnover has also cooled down, suggesting a potential end to the recent period of high market activity.
New job roles like AI engineer and Data Scientist are emerging due to technological advancements even as some old job titles become redundant. Preparing for these roles involves gaining expertise in emerging technologies and developing essential soft skills such as ethical reasoning and adaptability.
Vodafone has sold its Italian unit to Swisscom for 8 billion euros as part of its Europe-wide restructuring. Proceeds will be used to reduce debt and benefit shareholders. Vodafone also plans to keep providing services to Vodafone Italy for up to five years. The company is focusing on cost-cutting and 5G network expansion.
Social media claims about a new epidemic overwhelming hospitals and crematories in China, involving influenza A, HMPV, Mycoplasma pneumoniae, and COVID-19, are unsupported. There is no confirmation from Chinese health officials or the WHO regarding any such epidemic or state of emergency in China.
On social media platform X Kamath said, “Looking back, 2024 was probably the best year for the brokerage industry, and it's starting to look like the best is behind us, at least for the foreseeable future.”
The Supreme Court criticized unfounded allegations made against judges in a plea challenging senior designations for lawyers. The bench questioned the necessity of such claims, suggesting possible amendments to the plea. The petition concerns inequality in the classification of lawyers. Petitioners argue this creates privilege and disparity, contrary to the principles of equality and the Constitution.
India's job market saw a 9% year-on-year hike in hiring activity in 2024, driven by a surge in AI/ML jobs (+36%), FMCG (+12%), and healthcare (+12%). South India showed leading growth, with strong fresher recruitment in architecture, interior design, and creative sectors.
The 30-share BSE Sensex closed up 1436.3 points at 79943.71
With the arrival of January 2025, puzzle enthusiasts are eagerly tackling their daily challenges with the NYT Mini Crossword.
Former India head coach Ravi Shastri says he wouldn't be surprised if Rohit Sharma retired from Test cricket soon, citing the rise of young players like Shubman Gill. Shastri advises Sharma to play freely and aggressively, highlighting his struggles with foot movement in the series.
The NSE Nifty index closed 445.75 points up at 24188.65
Zairus Master has decided to step down from his role as chief business officer at Honasa Consumer, the parent company of beauty brand Mamaearth. This decision comes amid significant offline distribution restructuring impacting the company’s financials. Several senior executives, including Jayant Chauhan, have also exited the company in recent months.
The Nifty Realty index closed 1.06 per cent at 1051.65.
MFIN has extended the deadline for the three-lenders per borrower rule to the end of March 2025. The rule aims to reduce borrower indebtedness and improve asset quality. Other new guidelines, including a cap on outstanding loans and halting lending to delinquent customers, took effect from January 1.
Transrail Lighting L, Dhani Services, Eicher Motors, Welspun Ent and Majesco(PP), hit their fresh 52-week highs during the day.
Indian benchmark equity indices edged higher on Thursday, boosted by gains in financial, auto, and IT stocks ahead of next week’s quarterly earnings season.
The Nifty Bank index closed 1.07 per cent at 51605.55.
The United States is facing a wave of violence ahead of Donald Trump's inauguration, with terror attacks in New Orleans and Las Vegas involving US military veterans. These incidents have sparked fears among Trump's supporters of further attacks and potential disruptions leading up to the January 20 event.
Sun Pharma, Britannia, Dr. Reddys, HDFC Life and ICICI Bank were among the top losers on NSE in today's trade.
The government has set up a working group led by NITI Aayog member Ramesh Chand to revise the Wholesale Price Index (WPI) and suggest a Producer Price Index (PPI) with a base year of 2022-23. This group will review the current pricing system, recommend commodity baskets, and suggest improvements.