Sensex rises! These stocks gained over 10% on BSE
In the Nifty 50 index, 34 stocks ended in the green, while 16 stocks closed in the red in today's trade.
In the Nifty 50 index, 34 stocks ended in the green, while 16 stocks closed in the red in today's trade.
Bombay High Court ruled that a single instance of following a girl does not constitute stalking under IPC or Pocso Act. It acquitted one accused and modified the sentence for the other in a case involving a 14-year-old girl.
The Supreme Court of India has directed the Centre to quickly fill vacancies in the Central Information Commission and State Information Commissions. The court emphasized the need for timely appointments and asked the Centre to file a status report on the selection process. The court criticized the appointment of only bureaucrats and sought diversity in these roles.
Agriculture Minister Shivraj Singh Chouhan urged Delhi Chief Minister Atishi to implement central government farmer welfare schemes in Delhi. He emphasized that the farmers of Delhi are not receiving benefits from various central schemes. He requested immediate action to enhance the support and infrastructure for Delhi's agricultural community, addressing issues raised by local farmers.
Health ministers from Karnataka, Punjab, and Jharkhand have reassured the public not to panic over Human Metapneumovirus cases. Karnataka reported two mild cases in Bengaluru, with one already discharged. Punjab has no cases so far. Jharkhand remains unaffected. Ministers describe HMPV as a mild virus, unlike COVID-19, and say the situation is under control.
Tata Elxsi and CSIR-NAL have partnered to advance air mobility technology. The collaboration combines their expertise in aeronautics, electrification, AI/ML, and sensor fusion. This partnership aims to accelerate the development of unmanned and urban air mobility solutions globally and in India. The alliance will foster innovation and build a robust ecosystem for the aerospace industry.
In 2024, President Biden authorized a law mandating TikTok's ban unless its Chinese parent, ByteDance, sells it. The law, driven by privacy and security concerns, gives the social media platform until January 19, 2025, to comply. President - elect Trump, who initially opposed TikTok, later voiced support for the app. The Supreme Court will hear the matter on January 10.
President-elect Donald Trump's interest in buying Greenland overlooks the benefits of strategic cooperation. Instead of ownership, the US could enhance its security and economic position by investing in Greenland's resource development, ensuring a sustainable partnership without the complexities of sovereignty or local resistance.
State Bank of India (SBI): A person from Assam fell victim to a cyber fraud when he tried to return a Louis Philippe blazer. However, instead of helping this victim, SBI said the fraudulent transactions happened through Google Pay, a third party app not recommended by SBI. Further Gauhati High Court found out that SBI took 'no action' despite being informed within hours of the scam happening. Supreme Court holds SBI responsible and orders full refund.
HCL Tech, Trent, TCS, Eicher Motors and Hero MotoCorp were among the top losers on NSE in today's trade.
Real GDP is estimated to grow by 6.4% in FY 2024-25 compared to 8.2% in FY 2023-24. Official data for the first advance estimates for 2024-25 was released on January 7, informing projections for the Union Budget 2025-26. The economy grew at 5.4% in the second quarter after a 6.7% growth in the first quarter.
Harsha Upadhyaya, CIO of Kotak AMC, assesses the financial market's condition, highlighting opportunities with anticipated volatility in 2025. He notes potential gains in the FMCG and rural sectors due to improving conditions. Although broader market trends could face pressure, capital market intermediaries present strong future growth potential. Patience may be required for returns in large banks due to current headwinds.
China is experiencing a rise in respiratory illness caused by human metapneumovirus this winter. Other countries are also reporting cases. Improved virus detection is leading to more awareness. The virus symptoms are mild but can be severe in high-risk groups. There is no vaccine for the virus. Health authorities are monitoring the situation closely.
The Indian rupee logged its biggest one-day gain in more than a month on Tuesday as the dollar dipped towards a one-week low, boosting regional currencies, while foreign banks' dollar sales also helped.
Over 5,000 villagers in Soraha, UP have been without power for more than 20 days after the theft of a transformer. Students and farmers are significantly affected. Despite complaints and temporary measures by the electricity department, residents argue that power has not been restored. Investigations suggest possible insider involvement in the theft.
Donald Trump renewed his offer to make Canada the 51st state on Monday, hours after Canadian Prime Minister Justin Trudeau's resignation. Trump has mocked Justin Trudeau as Canada’s “governor” and criticised the country’s trade practices, claiming they exploit the United States. Justin Trudeau resigned on Monday after mounting pressure from his ruling Liberal Party amid his declining popularity. General elections are scheduled for later this year.
The Delhi High Court has dismissed a petition challenging the CAT 2024 results. The petitioner claimed an error in the answer key for the English comprehension section. Despite objections, the final answer key remained unchanged. The court found no reason to set aside the results declared on December 19, 2024. The petitioner's request for an expert committee was also denied.
The All India Gem & Jewellery Domestic Council (GJC) has requested the Union Finance Minister to reduce GST on gems and jewellery from 3% to 1% and introduce a concessional rate for lab-grown diamonds. They also urged the government to establish state-wise nodal offices and appoint a Central Minister for the sector.
Professionals must prioritize lifelong learning and adaptability due to rapid technological advancements. By 2030, 85% of jobs will be new. Utilising platforms like LinkedIn Learning or Coursera for upskilling is crucial. Soft skills such as emotional intelligence and effective communication are also important. Networking and setting SMART goals can enhance career advancement and success.
After witnessing their steepest decline in three months on Monday, Indian benchmark indices bounced back on Tuesday, with the Sensex rising 230 points and the Nifty breaking above the 23,700 level, fueled by advances in heavyweight financial stocks and Reliance Industries.
The Facebook parent has also roped in former Microsoft executive Charlie Songhurst, as well as John Elkann, CEO of Exor, a holding company controlled by Italy's Agnelli family with interests in European businesses such as Ferrari and Christian Louboutin.
Noida administration has mandated all gyms, swimming pools, and yoga centres to hire women trainers alongside existing male staff for safety and employment opportunities. This applies to establishments, including those in schools and colleges. Facilities must implement this within two days and ensure trainer identification and security measures. Some business owners see this as government interference.
Axis Mutual Fund is renaming its All Seasons Debt Fund of Funds to Axis Income Advantage Fund of Funds with a revised investment strategy. Unit holders can exit without fees between January 15 and February 13, 2025, before changes take effect.
In India, people can purchase health insurance from multiple companies to ensure comprehensive coverage. Policyholders need to inform all insurers about their existing policies and submit the necessary documents for claims. Seeking professional advice is recommended to manage multiple policies effectively while addressing potential complications.