On the occasion of Gandhi Jayanti, Rahul Gandhi paid his respects to Mahatma Gandhi at Rajghat and urged everyone to lead a life without fear, echoing the teachings of the Father of the Nation. Rahul Gandhi also shared a video on his social media handle, emphasizing the importance of walking on the path of truth, love, compassion, and harmony. He ...
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Revised Transaction Fees on Stock Exchanges, New TDS Rates Take Effect From Oct 1, 2024
Indian stock exchanges have revised their transaction fees for cash, futures, and options trading, effective from Tuesday. Changes related to Tax Deducted at Source (TDS) and government bonds also came into force. According to the National Stock Exchange (NSE), the updated transaction fees are as follows: Cash market: ₹2.97 per ₹1 lakh of traded value. Equity futures: ₹1.73 per ₹1 ...
Read More »SEBI Announces New Curbs on F&O Trading, Derivatives to Benefit
The Securities and Exchange Board of India (SEBI) has announced a series of new measures aimed at curbing speculative trading in the futures and options (F&O) segment, after data revealed that nine out of ten participants have consistently lost money over the past three years. As part of the new regulations, SEBI has increased the minimum contract size in index ...
Read More »Ola Electric’s EV Market Share Drops 27% to ₹100 Amid Mounting Challenges
Ola Electric, led by Bhavish Aggarwal, continues to witness a decline in its market share within the Indian electric vehicle (EV) sector. In September, the company’s share dropped further to 27%, impacted by intensifying competition and issues surrounding its service centers. According to data from the government transportation portal Vahan, Ola Electric sold 24,665 e-scooters in September, a decline from ...
Read More »Gautam Adani Takes QIP Route, To Sell Flagship Company Shares Next Week To Raise $1.3 Bn
Billionaire Gautam Adani’s flagship firm, Adani Enterprises, is gearing up to roll out its share sale as early as next week, according to sources familiar with the matter. This marks the company’s return to the public equity markets after a previous plan was shelved following a damning short-seller report in 2023. Adani Enterprises is planning to raise approximately $1.3 billion ...
Read More »NTPC Green Energy Files for ₹10,000 Crore IPO, To Open in Nov 1st Week
NTPC Green Energy, the renewable energy arm of state-run NTPC, has submitted draft papers to the Securities and Exchange Board of India (SEBI) to raise ₹10,000 crore through an initial public offering (IPO). The entire IPO consists of a fresh issue of equity shares, with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP). The company plans ...
Read More »Global Markets Dovetail After Iran Unleashes Overnight Missile Attacks on Israel
Iran’s overnight ballistic missile strike on Israel has sent shockwaves through global markets on expected lines with a significant shift in investor behavior rushing for safer assets. Besides a decline in U.S. Treasury bond yields and a surge in gold prices, the safe-haven dollar has strengthened against the euro, trading close to its strongest in three weeks. The missile strike, ...
Read More »Iran Declares Missile Attacks on Tel Aviv Over But Israel and US Vie for Retaliation
In an overnight escalation of hostilities in the Middle East, Iran on Wednesday declared that its missile strikes on Israel were over unless further provoked, even as Israel and the United States vowed retaliation. This development has intensified fears of a broader conflict in the region, potentially turning it into another World War. Washington D.C. pledged to work with its ...
Read More »Iran Fires Missiles at Israel – Live Twitter Coverage
Iran fired a salvo of ballistic missiles at Israel on Tuesday in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon, reports Reuters. Soon, social media platforms are abuzz with videos covering the skies lighted with an endless rows of missiles, catching the attention of the whole world. Alarms sounded across Israel and explosions could be heard in Jerusalem ...
Read More »Tirupati Laddu Probe Paused As Supreme Court Steps In
In a recent development that has gripped the nation, the Special Investigation Team (SIT) constituted by the Andhra Pradesh government has temporarily halted its probe into the alleged adulteration of Tirupati laddus. The decision comes in the wake of the Supreme Court’s statement that there is currently no evidence to suggest animal fat was used in the preparation of the laddus during the ...
Read More »Tension Grips As Iran Missiles Pound Israel, Iron Dome Shelters Targets
Iran, as warned earlier, fired missiles at Israel at 10 PM (IST) in response Israel’s ground offensive in Lebanon to target Hezbollah and days after the militant outfit’s commander Hassan Nasrallah and a top official from Iran’s Islamic Revolutionary Guard were killed in airstrikes on Beirut. The Israel Defence Forces (IDF) said at 10.08 pm IST that the missiles were ...
Read More »Sensex and Nifty Down But Surge In Midcaps and Smallcaps Push Market Sentiment
The Indian equity market recently closed with marginal losses, primarily due to the impact of heavyweight shares such as Reliance Industries and HDFC Bank. The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), closed 33 points lower at 84,266. Concurrently, the Nifty, the National Stock Exchange’s key index, was down by 13 points, closing at 25,796. Despite the marginal losses in the ...
Read More »2019 Easter Sunday Bombings: Why Did Lanka Ignore Prior Intelligence Info From India? Probe Ordered
The Easter Sunday bombings in Sri Lanka in 2019, which claimed around 270 lives, finally prompted President Ranil Wickremesinghe to initiate an inquiry into why prior intelligence from Indian sources regarding the attacks was disregarded. This move follows the revelations of the final report from the Commission of Inquiry released on January 31, 2021, which underscored the existence of advance ...
Read More »World Bank Forecasts 6.7% GDP Growth in India Next Three Years
In its latest report, the World Bank anticipates India to maintain its status as the world’s fastest-growing economy, fueled by robust domestic demand, increased investment, and a thriving services sector. The forecast predicts a steady growth trajectory, with India expected to achieve a GDP growth rate of 6.7% over the next three fiscal years. The ‘Global Economic Prospects’ report underscores ...
Read More »Kuwait Fire Tragedy Claims 49 Lives of Indian Migrant Workers
The death toll from a devastating fire that engulfed a six-floor building in the al-Mangaf area has surged to 49, as reported by Kuwait’s state news agency Kuna, citing the Interior Ministry. The blaze, which erupted while residents were asleep, primarily housed migrant workers, according to local media. Eyewitnesses recounted harrowing scenes of residents leaping from the burning building in ...
Read More »Four-year-long AP farmers’ protest over Amaravati ends hours after Naidu’s Govt sworn-in
Farmers in Amaravati have brought an end to their four-year protest with the swearing-in of the Naidu government. Following the inauguration of the Chandrababu Naidu-led administration in Andhra Pradesh, farmers from Amaravati have dismantled their protest camps after a lengthy struggle against the previous YSR Congress government’s decision to establish three capitals. After Naidu and his Cabinet took their ...
Read More »Mount Everest Cleanup Operation Yields Four Bodies and Tonnes of Debris
In a monumental effort to preserve the sanctity of Mount Everest and its neighboring peaks, the Nepalese Army has successfully retrieved four bodies and a skeleton, alongside a staggering 11 tonnes of rubbish, during a recent cleaning operation. Since April, Nepalese soldiers have been diligently combing through the iconic peaks of Mount Everest, Lhotse, and Nuptse, striving to rid these ...
Read More »Breaking News: Malawi’s Vice President Saulos Chilima Confirmed Dead in Tragic Plane Crash
In a devastating turn of events, Malawi’s Vice President, Saulos Chilima, has been confirmed dead following a fatal plane crash. President Lazarus Chakwera made the somber announcement on Tuesday, revealing that Chilima, along with nine other passengers aboard a military aircraft, lost their lives after the plane disappeared on Monday morning. The wreckage of the aircraft, which was carrying Vice ...
Read More »‘Big cat’ seen in background as ministers being sworn-in at Rashtrapati Bhavan? Mystery resolved
During the oath-administering ceremony at Rashtrapati Bhawan, a peculiar video has captivated netizens’ attention. In the footage, as BJP MP Durga Das Uikey greeted President Droupadi Murmu after completing the oath procedure, a feline-like creature appeared in the background, sparking astonishment among viewers. A big cat, suspected to be a leopard, was seen in Rashtrapathi Bhavan when MP Durga Das ...
Read More »India Clinches Thrilling Victory Over Pakistan in T20 World Cup Clash
In a nail-biting encounter at the Nassau County International Cricket Stadium on Sunday, India emerged victorious against Pakistan by a slim margin of six runs in the Men’s T20 World Cup match. Jasprit Bumrah showcased his bowling prowess with an outstanding spell of 3-14, supported by Hardik Pandya’s 2-24, as India successfully defended a modest total of 119. Despite a ...
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