Asia News & Trends
The sixth season of Shark Tank India challenges entrepreneurs to look above startup jargon.
Shark Tank India has launched a new campaign called #DontBeATota as registrations for Season 6 open. The campaign encourages aspiring entrepreneurs to focus on understanding their business instead of simply using popular startup terms and buzzwords. The campaign features a humorous parrot named Tota, who confidently uses business words like valuation, burn rate, and EBITDA without understanding what they really mean. Through this character, the campaign delivers a simple message that memorizing startup jargon does not make someone a successful entrepreneur. Building a business requires practical knowledge, problem-solving skills, and consistent hard work. Speaking about the campaign, Aman Gupta, co-founder of boAt and one of the Sharks, said that if repeating startup buzzwords alone could build a business, everyone would invest in parrots. He explained that real entrepreneurs succeed by solving customer problems, understanding their business deeply, and showing resilience during challenges. The #DontBeATota campaign aims to inspire genuine entrepreneurs to concentrate on strong business fundamentals rather than sounding impressive with technical language. At the same time, registrations for Shark Tank India Season 6 are now open on Sony LIV, inviting founders with innovative business ideas from across India to apply.
Published 20 Jul 2026 06:40 PM
Beyond Google The Impact of AI Assistants on Brand Discovery
A major discussion in the marketing and technology industry today highlights how AI assistants such as ChatGPT, Google Gemini, Claude, and Perplexity are changing the way people discover brands online. Instead of typing keywords into Google and visiting many different websites, consumers are increasingly asking AI assistants direct questions and receiving complete answers with product recommendations. This means the traditional search journey is changing, as AI tools now act as the first point of contact between customers and brands. Experts believe this shift is forcing businesses to rethink their digital marketing strategies and create content that AI systems can easily understand, trust, and recommend.The growing influence of AI assistants is also changing how companies measure online visibility. Rather than focusing only on search engine rankings, brands are now trying to improve their presence in AI-generated responses by publishing accurate information, earning positive reviews, and building credibility across trusted websites. Marketing experts say that businesses with reliable and well-structured content are more likely to be recommended by AI assistants. As AI-powered discovery becomes more common, companies are expected to invest more in AI-ready content, digital trust, and customer experience to remain competitive in the evolving online marketplace.This strategy is supported by the most recent developments in the AI ecosystem. Google's greater integration of AI into Search, Anthropic's ongoing investment in enterprise AI, and OpenAI's development of ChatGPT into a more comprehensive work platform all point to the same future. Developing stronger AI models is no longer the race. It aims to become the interface through which individuals find, evaluate, collaborate, and make decisions. Marketing adapts to changes in the interface. Brands fought for consumers' attention for twenty years. They then engaged in traffic competition. Competition for confidence will define the next ten years. That's a different goal.A brand's homepage is no longer always the first thing people see of it. The AI-generated response that a customer sees prior to clicking a single link is becoming more and more common. Visibility is no longer sufficient on its own. Brands need to be able to be recommended. While working with businesses on AI visibility, one realization has become more apparent. Uncertainty was represented by each click. Because they still wanted more information before making a choice, people clicked. AI modifies that formula. AI is progressively assisting customers in becoming self-assured enough to stop seeking, rather than assisting them in finding information. For this reason, the next competitive advantage in marketing might be confidence rather than substance.
Published 17 Jul 2026 05:37 PM
images of Ranjit Singh, a seasoned businessman, is named Chief Operating Officer of Smarten.
Smarten Power Systems has appointed Ranjit Singh as its new Chief Operating Officer (COO), effective 1 August 2026, as the company strengthens its leadership team to support its next phase of growth. The appointment was approved by the company's Board of Directors during its meeting held on 14 July 2026. Before this promotion, Singh served as Consultant – Vice President, Operations at Smarten, where he played a key role in improving manufacturing processes, increasing operational efficiency, and supporting several strategic initiatives. In his new position, he will oversee the company's end-to-end operations, including manufacturing, supply chain management, quality systems, and strategic execution. His leadership is expected to help Smarten expand its business in both India and international markets. Ranjit Singh brings more than 52 years of experience in manufacturing, engineering, product development, power electronics, telecom power, and renewable energy. One of his notable achievements at Smarten was leading the successful transition of the company's in-house battery manufacturing facility at Baddi, Himachal Pradesh, following its IPO. He established systems and processes that enabled stable in-house battery production and prepared the company for future manufacturing expansion. Speaking on his appointment, Singh said he is honoured to take on the new responsibility and will focus on strengthening manufacturing excellence, improving supply chain agility, enhancing quality systems, and building a culture of continuous improvement. Smarten's management believes his extensive industry experience will help the company meet the rising demand for power backup and renewable energy solutions while supporting long-term, sustainable growth.
Published 16 Jul 2026 05:30 PM
Shark Tank India 6 launches a fresh campaign to begin registration.
The makers of Shark Tank India have officially opened registrations for Season 6 with a fresh campaign encouraging aspiring entrepreneurs from across India to apply. The new campaign highlights that every great business starts with a bold idea and invites founders at every stage—from early concepts to established startups—to pitch for funding and mentorship.The registration process has been divided into two phases. The first call for registrations ran from July 1 to July 11, 2026, while the second phase opened on July 13 and will continue until July 31, 2026. Applications can be submitted through the Shark Tank microsite on the SonyLIV app after mobile number verification.As part of the campaign, Sony has also introduced a priority registration drive for women entrepreneurs, encouraging more women-led startups to participate. Promotional videos and social media posts emphasize that innovative ideas can come from anyone, regardless of business size or experience.According to the official FAQs, Indian citizens aged 18 years or above can apply. Entrepreneurs below 18 can also participate through a parent or legal guardian. The show welcomes founders from all sectors, whether they have a prototype, a growing business, or a new startup idea.Since its debut, Shark Tank India has become one of the country's biggest startup platforms, helping hundreds of entrepreneurs secure investments, mentorship, and national recognition. The new Season 6 campaign continues this mission by encouraging innovators to take their ideas to the next level and present them before some of India's leading investors.
Published 14 Jul 2026 05:48 PM
Harjeet Grewal: Who Is He? The explanation of the new chairman of the National Minorities Commission
The Central Government has appointed Harjit (Harjeet) Singh Grewal as the new Chairperson of the National Commission for Minorities (NCM). His appointment fills the top post in the Commission, which had been vacant since the completion of former chairman Iqbal Singh Lalpura's tenure. Grewal will serve a three-year term from the date he assumes office, or until further orders. Along with him, Munawari Begum has been appointed as Vice-Chairperson and Glenn E. Souza Ticlo as a Member of the Commission. Harjeet Grewal is a senior Bharatiya Janata Party (BJP) leader from Punjab and a long-time party organiser. He joined the BJP in the 1980s after working with the Rashtriya Swayamsevak Sangh (RSS). Over the years, he has held several important organisational positions, including roles in the BJP Kisan Morcha and the party's national executive. He became well known during the 2020–21 farmers' protest as one of the BJP's prominent Sikh leaders. The National Commission for Minorities (NCM) is a statutory body established under the National Commission for Minorities Act, 1992. Its main responsibility is to safeguard the rights and interests of India's notified minority communities, monitor the implementation of constitutional and legal safeguards, investigate complaints, and advise the Central Government on minority welfare policies. Grewal's appointment is considered significant because it restores full leadership to the Commission after a prolonged vacancy. It also marks the third time a Sikh leader has headed the National Commission for Minorities, reflecting the government's effort to strengthen the functioning of the statutory body responsible for protecting minority rights in India.
Published 20 Jul 2026 06:58 PM
MHA requests input from stakeholders and suggests a CEO and more CEO positions for I4C.
The Ministry of Home Affairs (MHA) has invited comments from stakeholders on a proposal to create new senior leadership positions in the Indian Cyber Crime Coordination Centre (I4C). The proposal includes one Chief Executive Officer (CEO) post and three Additional Chief Executive Officer (Additional CEO) posts to strengthen India's cybercrime prevention and response system. According to the draft recruitment rules, the CEO post will be at Pay Matrix Level-15 (equivalent to Additional Secretary rank), while the three Additional CEO posts will be at Pay Matrix Level-14 (Senior Administrative Grade). These positions will function under the Cyber and Information Security (CIS) Division of the MHA and are expected to improve strategic planning, coordination, and administration within I4C. The MHA has asked all stakeholders to submit their suggestions and comments by August 14, 2026. After reviewing the feedback, the ministry will finalize the recruitment rules. The appointments will be made on a deputation basis under the Non-Central Staffing Scheme and will not come under the jurisdiction of the Union Public Service Commission (UPSC). Instead, the appointments will be approved by the Appointments Committee of the Cabinet (ACC) based on recommendations from a Search-cum-Selection Committee headed by the Union Home Secretary. The proposed eligibility criteria require candidates to have a bachelor's degree along with significant experience in areas such as cyber security, cybercrime investigation, cyber forensics, information and communication technology (ICT), or internal security. The move is intended to strengthen I4C's leadership structure and enhance India's capacity to tackle the growing threat of cybercrime through better coordination and expert management.
Published 16 Jul 2026 06:00 PM
Indias New Ambassador to North Korea is Sanjeev Jain.
The Government of India has appointed Sanjeev Jain as the country's next Ambassador to the North Korea. The appointment was announced by the Ministry of External Affairs on 7 July 2026. Jain is expected to assume his new diplomatic responsibilities in Pyongyang shortly.Sanjeev Jain is a 2008-batch officer of the Indian Foreign Service (IFS). Before this appointment, he was serving as India's Ambassador to the Cabo Verde. During his diplomatic career, he has handled several important international assignments, giving him extensive experience in foreign policy, bilateral relations, and multilateral diplomacy.His appointment comes at an important time for India's engagement with North Korea. Although India maintains limited diplomatic and economic relations with Pyongyang because of international sanctions and security concerns, New Delhi has continued to keep diplomatic communication channels open through its embassy in the North Korean capital.India's embassy in Pyongyang resumed normal diplomatic activities after a prolonged disruption caused by the COVID-19 pandemic and travel restrictions. The appointment of a new ambassador reflects India's intention to maintain a regular diplomatic presence while carefully balancing its broader strategic interests in the Korean Peninsula.The Ministry of External Affairs stated that Sanjeev Jain will take up the assignment shortly. His role will include managing India's diplomatic relations with North Korea, monitoring regional developments, assisting Indian interests, and representing India on political and humanitarian issues wherever required.India continues to support peace, stability, and the denuclearisation of the Korean Peninsula while maintaining stronger economic and strategic partnerships with South Korea. The appointment of Sanjeev Jain underscores India's commitment to sustaining diplomatic engagement with all countries in the region despite complex geopolitical challenges.
Published 07 Jul 2026 05:24 PM
Vikram Misri, Foreign Secretary, Receives a One Year Extension
The Central Government has approved a one-year extension for Vikram Misri as India's Foreign Secretary, allowing him to continue in office until July 14, 2027. The decision was cleared by the Appointments Committee of the Cabinet (ACC) under the provisions of Fundamental Rule 56(d), which permits extensions for select senior government officials in the national interest. Vikram Misri, a 1989-batch Indian Foreign Service (IFS) officer, assumed charge as Foreign Secretary in July 2024. During his tenure, he has overseen India's diplomatic engagements on several critical global issues, including relations with neighboring countries, strategic partnerships with major powers, and India's participation in multilateral forums. His extension reflects the government's confidence in his leadership and diplomatic experience. Before becoming Foreign Secretary, Misri served as Deputy National Security Adviser and held ambassadorial assignments in China, Spain, and Myanmar. He is particularly recognized for his expertise on China and played a significant role in managing diplomatic engagement following the India-China border tensions after the Galwan Valley clashes. His long diplomatic career has earned him a reputation as one of India's most experienced foreign policy experts. One of the unique aspects of Misri's career is that he has served as Private Secretary to three Prime Ministers—I. K. Gujral, Manmohan Singh, and Narendra Modi. This rare distinction highlights the trust successive governments have placed in his administrative and diplomatic capabilities. The extension comes at a time when India is navigating an increasingly complex international environment marked by geopolitical competition, regional security concerns, and expanding global partnerships. Maintaining continuity in the leadership of the Ministry of External Affairs is expected to help sustain ongoing diplomatic initiatives and negotiations across multiple regions.
Published 03 Jul 2026 05:21 PM
In a passionate letter, Ram Gopal Varma states that Yami Gautams career has more impressed him than her National Award win for Article 370 The struggles, perseverance, risks.
Filmmaker Ram Gopal Varma shared a heartfelt message congratulating Yami Gautam after she won the Best Actress award at the 72nd National Film Awards for her performance in Article 370. While celebrating her achievement, Varma said he was even more impressed by her journey to success than the award itself. In his note, Varma praised Yami’s years of hard work, perseverance, and willingness to take risks in choosing meaningful roles. He said that success is not only about winning awards but also about the dedication, patience, and determination that lead to such achievements. According to him, Yami’s career reflects consistent effort and strong belief in her craft, making her journey truly inspiring. Yami Gautam also expressed her gratitude after receiving the National Award. She described the honour as the result of her 14-year journey in the film industry and said that Article 370 has a special place in her heart. She thanked her family, team, and supporters for standing by her throughout her career and dedicated the achievement to everyone who continues to believe in their dreams.
Published 20 Jul 2026 06:45 PM
Never Heard About It Growing Up Sana Saeed, Little Anjali of Kuch Kuch Hota Hai, Makes A Startling Admission
Actress Sana Saeed, who became famous as little Anjali in Kuch Kuch Hota Hai, has shared a deeply personal story about her childhood and the health challenges she quietly faced for many years. In a recent social media post and video, Sana revealed that she struggled with bulimia, a serious eating disorder, from a young age. She admitted that while growing up, she had never heard of the condition and did not understand why she felt anxious about food. Because she had no knowledge of eating disorders, she believed there was "something wrong" with her instead of recognizing that she needed help. Sana said that the lack of awareness made it difficult for her to identify her condition, and she spent years dealing with the problem in silence before finally understanding what she was going through. Recalling those difficult years, Sana explained that she often worried about eating in front of others and feared people would judge her. She said that reading The Bulimia Help Method became a turning point in her recovery because it helped her understand that her struggles had a name and that she was not alone. Even after discovering the condition, she found it extremely difficult to accept that she had bulimia because of the shame and stigma attached to eating disorders. Sana's statement, "I never heard about it growing up. I wish I'd heard about it, so I would have gone straight to the problem," highlights the importance of mental health education and awareness from an early age. She hopes that by sharing her experience, others facing similar challenges will recognize the signs sooner and seek professional support without fear or embarrassment. The actress also shared an encouraging update about her life, saying that she has now fully recovered and feels happier and healthier than ever before. She emphasized that recovery is possible with the right guidance and support. Sana encouraged anyone struggling with an eating disorder or any mental health issue to speak to someone they trust and seek qualified professional help. Her honest confession has received appreciation from fans and mental health advocates, who praised her courage for speaking openly about a topic that is often misunderstood. Many people believe that her story will help spread awareness about eating disorders and encourage more open conversations about mental health, body image, and emotional well-being.
Published 17 Jul 2026 05:41 PM
A New Chapter Unfolds as Alia Bhatt enters the world of Tumbbad 2, according to Sohum Shah.
Alia Bhatt has officially joined the cast of Tumbbad 2, one of the most anticipated sequels in Indian cinema. The announcement was made today by actor-producer Sohum Shah, who welcomed Alia to the film with a social media post saying, "A new chapter unfolds. Welcome to #Tumbbad2." The news has generated significant excitement among fans, who have been eagerly waiting for updates on the sequel since the original Tumbbad became a cult classic. According to reports from multiple entertainment websites, Alia Bhatt will play a pivotal role in expanding the mysterious world of Tumbbad. While the makers have not revealed details about her character, reports suggest that her role will be crucial to the film's biggest twists and will further explore the dark mythology surrounding Hastar. Her addition is expected to bring a fresh dimension to the horror-fantasy franchise. Entertainment portals have also highlighted that Tumbbad 2 marks Alia Bhatt's first full-fledged venture into the horror genre. In her statement, the actress expressed excitement about joining a film universe that has fascinated audiences for years. She said that Tumbbad stayed with her long after watching it and that becoming part of its sequel is both exciting and creatively fulfilling. The sequel will reunite Sohum Shah with acclaimed actor Nawazuddin Siddiqui and is being directed by Adesh Prasad. Produced by Sohum Shah Films in association with Pen Studios, the film aims to build upon the mythology established in the original movie while introducing new characters and expanding its supernatural world. Industry experts believe that Alia Bhatt's casting significantly raises the profile of Tumbbad 2. The original film earned widespread appreciation for its unique storytelling, stunning cinematography, and blend of folklore and horror, eventually becoming a cult favorite. With Alia joining the franchise, expectations for the sequel have increased, and many believe it could become one of the biggest Indian horror films upon release.
Published 14 Jul 2026 05:55 PM
played at a nearby gurdwara after being pulled out of ZEE5. In Punjabi villages, Diljits Satluj is given a second chance at life.
Diljit Dosanjh's film Satluj has received a new life in Punjab, even after being removed from the OTT platform ZEE5 in India. The film was taken down just two days after its release, leading to disappointment among fans who were eager to watch it online. However, instead of allowing the film to disappear, people in Punjab have started organizing public screenings in villages, gurdwaras, school grounds, and community halls. These screenings are being arranged by local sports clubs, youth groups, and Sikh organizations, which are using projectors, LED screens, and sound systems so that everyone can watch the film together.Many people believe that Satluj tells an important chapter of Punjab's history and should be available for the public to watch. Because of this, the community has come together to ensure that the film reaches as many people as possible. In several villages, volunteers have donated money, equipment, and their time to organize these events. Families, young people, and elderly residents have gathered in large numbers to watch the movie, turning the screenings into community events. Some participants have even described these efforts as a form of "seva" (selfless service) because they feel they are helping preserve an important story.The Delhi Sikh Gurdwara Management Committee (DSGMC) has also announced that it will hold public screenings of the film in gurdwaras and organize educational seminars about the life of Jaswant Singh Khalra, whose story inspired the movie. The committee believes that people should have the opportunity to learn about this part of history despite the film's removal from the streaming platform. Similar screenings are now being planned in several states, including Punjab, Delhi, Haryana, Rajasthan, and Jammu, showing the strong public support for the film.The controversy over Satluj has also sparked legal and public debate. A Public Interest Litigation (PIL) has been filed in the Punjab and Haryana High Court, asking for the film to be restored on ZEE5. The petition argues that removing the film without a clear public explanation raises concerns about freedom of expression and transparency. Meanwhile, Diljit Dosanjh has said that he was not surprised by the film's removal, as it had already faced several delays and challenges before its release. Despite these obstacles, the overwhelming support from local communities has given Satluj a second life, proving that audiences are determined to keep its story alive.
Published 09 Jul 2026 08:49 PM
Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?
Domestic brokerage firm Religare Broking has picked Axis Bank as its stock pick of the month for March 2024 with a potential upside seen around 10 per cent. Shares of Axis Bank were on an uptrend and gained around three per cent today as Nifty 50 hit a fresh lifetime high of 22,353.30 on strong macroeconomic indicators.On Friday, March 1, shares of Axis Bank opened at ₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Shares of Axis Bank settled 2.20 per cent higher at ₹1,099.35 apiece on the BSE. At a current market price (CMP) of ₹1,085, Religare sees a potential upside of 10 per cent on Axis Bank stock at a target price of ₹1,185 from an initiation range of ₹1,080-1,085 and a stop loss of ₹1,030. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue. ‘’The stock has been in a primary uptrend from last more than eight months, forming series of Higher Highs and lows with gradual rise in volumes. It has formed an elevated base around the 20 weekly EMA which also coincides with rising support trend line,'' said Religare Broking. Following the price action and uptick in volumes indicates the stock to resume its prevailing trend and inch higher to surpass its previous swing high, according to the brokerage. The stock gained marginally (around three per cent) in the previous series with reduction of eight per cent open interest (OI). 98 per cent of the open positions rolled which is same with respect to previously. ‘’OI of 82k contracts as against 89k previously. Decent cash based buying also seen in last three days of February series. With fresh cash accumulation and shorts being trapped, it may witness good short covering,'' said Religare Broking. The bank's net interest income (NII) in the third quarter at ₹12,532, crore, which rose by nine per cent - almost in line with the market estimate of ₹12,555 crore. NII is the difference between interest earned by a bank through loans and interest it pays to depositors. Meanwhile, the net interest margin (NIM) stood at 4.01 percent for the quarter ended on December 31, 2023. Net Interest Margin refers to the difference between the interest income earned and the interest disbursed by a bank in relation to its interest-generating assets such as cash.
Published 01 Mar 2024 09:35 PM
Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why
Shares of One 97 Communications (Paytm) have witnessed an almost 50 percent drop just in February as investor sentiment turned negative amid the RBI and Paytm Payments Bank Ltd (PPBL) saga.In a recent note, brokerage house UBS said it believes that any potential for a re-rating of Paytm based on profitability improvement has been delayed. It has retained a 'neutral' call on the stock and reduced its target price to ₹510 (from ₹650 earlier). The new target indicates an over 25 percent potential upside. "Paytm's share price has derated significantly post RBI regulatory action and the stock is trading at 1.5x EV to one-year forward consensus sales, nearly an 80 percent discount to its Indian internet peers. Our ₹510 price target implies a 2.4x EV to FY25E sales, which is still a 70 percent discount to Indian internet peers. We believe this is justified as Paytm's growth profile is now much weaker at an 8 percent expected revenue CAGR over FY24-26E, versus Indian peers at a much higher 27 percent. Additionally, Paytm's re-rating potential based on its profitability improvement is now also pushed out and the company's margin profile is much weaker than peers. Furthermore, the loss of investor confidence based on the regulatory action is unlikely to change in a hurry. We believe only sustained execution in the coming quarters can re-build investor confidence which would drive a re-rating," explained the brokerage. The RBI on January 31 directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29, citing large-scale non-compliance with regulations and supervisory concerns. In the latest update, the Reserve Bank of India clarified that non-Paytm Payments Bank Limited (PPBL) linked merchants (85 percent of the total) can continue to function as normal and gave a 15-day extension till 15th March for most PPBL-linked activities. RBI also informed that @paytm UPI handles can be migrated to banks after approval from NPCI. This implies key linkages between Paytm and PPBL will be transferred to other banks via Paytm and also clears the way for Paytm to function as third-party app provider (TPAP), similar to its competitors PhonePe and Google Pay, once NPCI provides approval for the same. Following RBI's latest update, the anticipated negative impacts on Paytm have been alleviated to a considerable extent. Paytm is poised to retain a significant portion of its customer and merchant base pending certain approvals from the National Payments Corporation of India (NPCI). However, UBS anticipates a churn of 15-20 percent in merchants, customers, and devices in Q4 compared to Q3 levels, accompanied by a steep decline of around 60 percent quarter-on-quarter in loan origination. Additionally, it foresees a challenging FY25 with a projected 2 percent revenue decline, attributed to the loss in the wallet business and gradual normalisation in payments and loan origination activities. To regain lost customers, Paytm is expected to escalate its marketing expenditure, leading to heightened EBITDA losses in FY25, consequently prompting adjustments in its EPS estimates.
Published 01 Mar 2024 09:35 PM
Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?
Nifty on Wednesday could not sustain early gains and saw heavy selling, as it closed below the psychological mark of 22,000 for the time since February 15. The index formed a Bearish Engulfing pattern on the daily chart, which has a negative connotation. The silver lining was the index somehow managed to settle above its 21-day EMA on a closing basis. If the index stays below 22,000 level, chances are it may revisit 19,850-800 level, analysts said.“The index dropped below the 22,000 mark, indicating a growing weakness. Nevertheless, it managed to close just above the 21EMA on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term,” said Rupak De, Senior Technical Analyst at LKP Securities. For the day, the 50-pack index closed at 21,951.15, down 247.20 points or 1.11 per cent. A sustained Nifty trade above 21,950 might spur a recovery in the index towards 22,100, De added. With the Bearish Engulfing candle, Nifty has given up all the gains of the previous week, said Chandan Taparia of Motilal Oswal Securities. This analyst believes that were the index say below 22000, weakness could be seen towards 21,850, followed by 21,700 levels. Resistances are seen at 22,150 and 22,222 levels, he said.atin Gedia – Technical Research Analyst at Sharekhan said that the index has reached its 20-day moving average of 21,944. He said the broad range of 21,800-22,300 still has not been breached. "The daily as well as hourly momentum indicators have a negative crossover, which is a sell signal. But prices are still in a range and, hence, a decisive breach below 21,875 i.e. the previous swing low is required to validate the change of trend. The Index is around the crucial support zone 21,900, which is likely to act as a make-or-break level from short term perspective," Gedia said.
Published 01 Mar 2024 09:34 PM
IIT Kanpur’s 1974 batch pledges Rs 10.11 crore
"The Class of 1974 of the Indian Institute of Technology Kanpur (IIT Kanpur) has committed Rs 10.11 crore to fund a range of institute initiatives. The promise is made as part of the batch's Golden Jubilee Reunion, which will take place from February 23 to February 25, 2024, and will bring together over 80 graduates and their families. ""IIT Kanpur takes great pride in its alumni, and time and time again, our alumni have come together for supporting the growth of their alma mater through various means,"" stated Prof. S Ganesh, Director of IIT Kanpur, in response to the Class of 1974's kind pledge. The Class of 1974's commitment to support greatness at the institute by aiding in its development aligns with a shared goal He continued, ""The 'Batch Legacy Fund' will be used to enhance possibilities for both faculty and students. ""We, the proud alumni of the Class of 1974, are honored to unite and contribute to our cherished alma mater, IIT Kanpur,"" he stated, thanking his classmates for this endeavor and his alma mater, batch coordinator Yogesh Khosla. Our combined support is a testament to our great pride in the organization and our common goal of seeing it succeed moving forward. I would want to sincerely thank everyone of my classmates for their kind cooperation in this project. The Class of 1974's 50th reunion was a happy event full with memories, laughter, and introspection that will live on in the archives of IIT Kanpur, an institution thinkinh said. IIT Kanpur stated that the ""Class of 1974 Batch Legacy Fund"" will undoubtedly advance learning within its community and expressed its sincere gratitude to the Class of 1974 for their outstanding contribution and steadfast dedication. The researchers from the Indian Institute of Technology Madras (IIT Madras) will present their findings to the students during an open house. The purpose of the event is to give students a forum to interact with professionals and well-known businesspeople. March 2 and March 3 of 2024 will be dedicated to the open house. Shaastra will host IITM for Everyone. A statement on the social media account read, ""IIT Madras is open to all for the first time in 15 years."" "
Published 28 Feb 2024 05:34 PM
AAP must leave its headquarters by June 15th, per a Supreme Court order.
The Aam Aadmi Party of Arvind Kejriwal will have to leave its headquarters, which are located on a plot of land designated for the High Court. The good news is that you still have until June 15 to act. The Supreme Court gave the party a long deadline because of the upcoming Lok Sabha elections, emphasizing that this is an encroachment case. The party may now submit an application for alternative land to the Land and Development Office of the Center.The bench, which included Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, stated, "We would request the L&DO to process the application and communicate its decision within a period of four weeks." The bench continued, "AAP has no legal right to remain on the land." The Delhi High Court was granted land in February to expand its operations and build more courtrooms for the Rouse Avenue location. The court had noticed that the AAP was intruding on this land. When considering a case involving the nation's judicial system, the highest court took notice of the issue.The state government promised at a meeting on February 15 that the plot would be removed in two months if a substitute plot was provided, in response to a court order. However, the situation remained unchanged. According to India's Chief Justice, DY Chandrachud, nobody has the authority to impose law on others. "It is absurd for any political party to sit on it. Every intrusion will be eliminated... The land should be given to the High Court so that it can be utilized by the general public and citizens, Justice Chandrachud stated.
Published 04 Mar 2024 05:31 PM
Article 21: The Constitutions Soul, with Citizens Liberty Supreme
According to the Supreme Court, Article 21 is the essence of the Constitution because it protects citizens' rights to liberty, which are so valuable that a person would lose them if the high court takes too long to decide cases pertaining to it. Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, was granted bail by the Bombay High Court on January 29 following prodding from the top court, according to a bench of Justices B R Gavai and Sandeep Mehta.In a recent ruling, the bench stated that it is evident that prior to this court's order being issued on January 29, 2024, the high court had dismissed the bail application on one or more grounds rather than considering it on its merits.It goes without saying that Article 21 of the Indian Constitution is its core because it upholds the fundamental right to liberty for all citizens. It stated, "Depriving the party of their precious right guaranteed under Article 21 of the Constitution of India would mean not reaching a quick decision and brushing off the issue on one or the other basis pertaining to a citizen's liberty." The bench stated that it has encountered numerous cases from the Bombay High Court in which the applications for bail and anticipatory bail were not resolved promptly. The bench mentioned one instance where the application for anticipatory bail was pending for over four years. "We have also encountered many cases where the judges find an excuse to reroute the case on unrelated grounds rather than rendering a decision based on the merits of the case. As a result, we ask the chief justice of the Bombay High Court to communicate our request to all judges who have criminal jurisdiction so that the issue of bail and anticipatory bail can be decided as soon as possible," the bench stated.It requested that the Supreme Court's Registrar (Judicial) forward this directive to the High Court's Registrar (Judicial), who will present it to the Bombay High Court's chief justice. The bench stated on January 29 that, despite the fact that Vahile had been detained for more than seven years, on March 30, 2023, the high court had ordered him to appear before the trial court for regular bail.
Published 02 Mar 2024 06:02 PM
SEA urges Centre to not extend ban on export of de-oiled ricebran
The Solvent Extractors’ Association of India (SEA) has asked the Indian Government to not extend the ban on the export of de-oiled rice bran beyond March 31.In a letter to Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution; and Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying; the President of SEA, Ajay Jhunjhunwala, said the total export of de-oiled rice bran constitutes only around 6 per cent of the production. The restriction has adversely affected processors and exporters along with paddy farmers, hindering them from realising better returns on their produce, he said. The government banned the export of de-oiled rice bran in a notification dated July 28, 2023, effective until November 30, 2023. This was further extended till March 31, 2024 in a notification dated December 8, 2023. Stating that processing of ricebran has picked up with the commencement of new season in November, he said availability of de-oiled ricebran has improved. This is evident from the reduction of price from ₹18,000 a tonne on July 28 2023 (the date of issuing notification) to ₹12,500 a tonne at present. Mentioning that the industry benefits from the export of de-oiled rice bran, he said easy clearance of meal leads to sustained processing, leading to better capacity utilisation, continuous oil availability, increased employment, and significant value addition along with valuable foreign exchange. India, which has successfully developed export market for de-oiled rice bran over the last 30 years, primarily serves Vietnam, Thailand, Bangladesh and other Asian countries. “An abrupt change in export policy has given opportunity to our competing countries like Sri Lanka, Bangladesh to capture Vietnam market for de-oiled ricebran and the market will be lost in no time,” he said. Eastern States, including West Bengal, are a significant producer of de-oiled ricebran. Since the cattle feed industry remains underdeveloped in this part of the country, there is limited demand for de-oiled ricebran in eastern India, he said. “The exorbitant local freight charges to move de-oiled ricebran from eastern India to south or west India makes export the principal means of disposal for de-oiled ricebran in the region. Since export is banned, ricebran processors in Eastern India are facing the prospect of shutting down their operations, adversely impacting the rice milling industry and reducing ricebran oil production,” Jhunjhunwala said. Though export restriction on de-oiled ricebran was imposed in July 2023 to ease milk prices, there is almost no reduction in milk prices across the country since this ban, he said. This is because the cost component of de-oiled ricebran in milk price is very nominal. “We are still of the view that continuing this ban will not support reduction in milk prices but will continue to negatively impact the ricebran processors and de-oiled ricebran exporters,” he said, and requested the government not to extend the ban beyond March 31.
Published 01 Mar 2024 09:45 PM
Government Employees Platform Plans Strike From May 1 Over OPS Demand
A group of Union and state government employees announced they will go on indefinite strike starting on Labour Day (May 1) this year to demand the restoration of the old pension scheme (OPS), The Hindu reported.The Joint Forum For Restoration of Old Pension Scheme (JFROPS), which was described as a platform of trade unions and associations working among Union and state government employees, said it had decided to serve strike notices starting March 19. Under the OPS, which was retired in 2004, retired government employees received half their last-drawn salary every month as a pension. The government concerned would foot the entire amount. The National Pension Scheme (NPS) replaced the OPS and involves the employee contributing 10% of their basic salary and the government contributing 14% into a corpus, which can be invested into different types of funds. How much an employee would receive upon retirement depends on the market return on these investments. Shiv Gopal Mishra, who is convenor of the JFROPS and is among the leaders of a railway workers’ union, told The Hindu that the decision to go on strike was taken after talks with the Union government had broken down. “We held several protests demanding restoration of OPS. We wrote letters to prime minister and finance minister urging them to restore the OPS. We have also been raising this issue in the JCM [joint consultative machinery] meetings, but the government ignored our demands and we are now forced to go on an indefinite strike,” Mishra was quoted as saying.The Hindu also cited government employees’ unions as claiming that ahead of the call for a strike, ballots conducted in various government departments suggested that nearly 100% of employees supported a strike.They have also argued that pensioners were worse off under the NPS because it does not hike pensions on a regular basis in order to correct for inflation. Some state governments have decided to restore the OPS for their employees. But the Reserve Bank of India has said that going back to the OPS would increase governments’ liabilities and put their financial security at risk. The Union government said in parliament in December that it does not plan on restoring the OPS. It has also warned its employees from going on strike before and argued that their right to form associations did not include a guaranteed right to go on strike. When Mishra was asked by The Hindu how the model code of conduct for the general elections would affect their planned strike, he said they wanted the issue to be discussed by the people. “This is an issue that involves lives of crores of people. Let the people discuss and decide on our demands. Even if the model code of conduct comes in picture, the Cabinet will be there, the Cabinet secretary will be there and they can take a decision on our demand,” he told the newspaper. Another employees’ union leader was cited as saying that ‘all unions’ except the pro-government Bharatiya Mazdoor Sangh would take part in their planned strike.
Published 01 Mar 2024 09:44 PM
What your scalp might be trying to tell you about why your dandruff keeps returning
Dandruff is one of the most common scalp problems, affecting millions of people worldwide. While many assume it is simply caused by a dry scalp, experts say recurring dandruff often points to a more complex issue. If white flakes continue to return even after using anti-dandruff shampoos, your scalp may be signaling an imbalance that needs more than a temporary fix. Factors such as excess oil production, fungal overgrowth, stress, weather changes, and even diet can contribute to persistent dandruff. One of the primary causes of recurring dandruff is the overgrowth of a naturally occurring yeast called Malassezia. This fungus lives on everyone's scalp but can multiply rapidly when excess oil is present. As it feeds on scalp oils, it produces by-products that irritate the skin, leading to itching, redness, and flaking. Individuals with oily scalps are particularly prone to this cycle, which explains why dandruff often returns soon after treatment is stopped. Your scalp can also reflect your overall health. Dermatologists note that persistent dandruff may indicate conditions such as seborrheic dermatitis, psoriasis, eczema, or sensitivity to certain hair-care products. If dandruff is accompanied by severe itching, inflammation, yellowish flakes, or patches of redness, it is advisable to seek medical advice rather than relying solely on over-the-counter shampoos. Treating the underlying condition is often the key to achieving long-term relief.Lifestyle habits play a significant role as well. High stress levels can weaken the body's natural defenses, making the scalp more susceptible to irritation and fungal growth. Poor sleep, an unhealthy diet lacking essential nutrients such as zinc and B vitamins, and inadequate hydration may also worsen scalp health. Experts recommend maintaining a balanced diet rich in fruits, vegetables, lean proteins, and healthy fats to support healthy skin and scalp function.
Published 06 Jul 2026 05:07 PM
A Significant Return for Marc Jacobs Beauty
Luxury makeup brand Marc Jacobs Beauty has officially returned in 2026 after being discontinued in 2021, marking one of the most talked-about beauty industry comebacks of the year. The brand relaunched with an entirely new collection of makeup products, including lipsticks, blush sticks, bronzers, eyeliners, mascaras, eyeshadows, and highlighters. The comeback is being led in partnership with Coty Inc., with products launching online and through Sephora stores.Beauty enthusiasts and industry experts have responded positively to the relaunch. The new collection features playful heart, star, and daisy-inspired packaging while maintaining the bold, high-performance formulas that made the original brand popular. Several products, particularly the Heart On Lipstick, Drawn This Way Eyeliner, and Born Star Eyeshadow, have generated strong demand and early sell-outs.Industry analysts view the return as a strategic move in the premium beauty market, where consumers are increasingly seeking distinctive brands with strong creative identities. Marc Jacobs himself recently described the relaunch as a modern reinvention rather than a revival of the old line, emphasizing individuality and self-expression as the brand's core philosophy.
Published 04 Jun 2026 06:02 PM
The days of microbladed eyebrows are over but are they reversible
Our eyebrows have seen more changes than any other feature. Brows have seen it all, from the thin, pencil-style brows of the year 2000 to the fuller, laminated look of today. But one thing hasn't changed: if you get your eyebrows correct, half of your appearance is taken care of.Microbladed eyebrows were commonplace for a very long period. Because the fad promised bigger, more natural-looking brows with less daily work, celebrities, influencers, and regular people loved it. For many, it provided a long-term solution for uneven or sparse eyebrows. But beauty trends change quickly, and what was once considered contemporary and attractive is now beginning to feel antiquated. Many people are starting to reconsider their previous microblading decisions as softer, more natural brows become more popular.In essence, microblading is a cosmetic tattooing method in which pigment is manually applied to the skin's surface to simulate eyebrow hair. According to Dr. Ruby Sachdev, an aesthetician and consultant at Gleneagles Hospital in Bengaluru, it became well-liked by those who want larger eyebrows without using makeup every day.
Published 03 Jun 2026 09:52 PM
Benefits of Sattu Indias first protein beverage
These days, a growing number of individuals are including tasty and nourishing "superfoods" from all over the world in their diets. Imagine those colorful matcha lattes, creamy avocado toasts, delicious chia pudding, quinoa salads, and cool kale smoothies. They are healthy in addition to being aesthetically pleasing. Just a gentle reminder: Is it really necessary to spend a lot of money to maintain your health?No, I believe! Sattu is an ancient superfood from India that is tasty, affordable, and very potent. This adaptable component, which is made from roasted gram flour, has been loved and consumed for more than 3,000 years, particularly in Bihar, Jharkhand, and Uttar Pradesh. Chana sattu, once cherished by diligent farmers for a rapid energy boost, is now widely accepted as a wholesome and organic supplement to contemporary meals nationwide. Let's examine the advantages of sattu powder, how it outperforms the most well-liked protein-rich foods, and why it should be at the top of your diet list before you hurry to try another foreign health craze.A traditional Indian flour produced from roasted barley or chickpeas is called sattu powder. In India, it is a native source of protein. It is a well-liked superfood with several health advantages due to its high protein content. Sattu, sometimes referred to as the "desi protein shake," is high in minerals, fiber, and plant-based protein. It is a popular dish in India that is becoming more and more well-known abroad.
Published 08 May 2026 06:04 PM
Ek bihari sab pe bhari Virat Kohli gives Vaibhav Sooryavanshi particular recognition
Virat Kohli's heartfelt praise for young Bihar cricketer Vaibhav Sooryavanshi has become one of the most talked-about moments after the IPL 2026 season. Following Royal Challengers Bengaluru's title-winning campaign, Kohli met the 15-year-old sensation and shared words of encouragement that quickly went viral on social media.In a video released by RCB, Kohli advised Vaibhav to stay focused on hard work and self-belief rather than outside opinions. He told the youngster that his success had come through dedication and confidence and urged him to keep aiming higher. The highlight of the conversation was Kohli's special line, "Ek Bihari, sab pe bhari", praising the Bihar-born batter for his remarkable performances throughout IPL 2026. .Vaibhav emerged as one of the biggest stars of the tournament, earning widespread admiration for his fearless batting and maturity at such a young age. His performances attracted praise from former cricketers and fans alike, with many viewing him as one of Indian cricket's brightest future prospects.The interaction between Kohli and Vaibhav was widely appreciated by cricket fans, who saw it as a passing-of-the-torch moment between one of India's greatest batters and a rising teenage talent. Kohli's message of humility, hard work, and self-belief has since been shared extensively across social media platforms.
Published 04 Jun 2026 05:53 PM
Virat Kohli changes once more incorporating elements of Abhishek and Sooryavanshi into his game
The cameras showed Kohli putting his arm over Sooryavanshi's shoulder and conversing with him for several minutes. Although the topic of the talk is unknown, rest assured that Sooryavanshi returned home much wealthier than he would have if he had only received a few honors. Less than a day has passed since Sooryavanshi was recommended for Test cricket by none other than the great Sachin Tendulkar. He had also complimented his batting style earlier.It is important to note that earlier in the 2026 IPL season, Kohli signed Sooryavanshi's cap and gave him an autograph after the left-handed hitter destroyed the RCB bowlers all over the field during the match at the Barsapara Stadium in Guwahati.Sooryavanshi won five awards when the IPL 2026 concluded. The 15-year-old was named Super Striker, Super Sixes of the Season, Orange Cap, Emerging Player of the Season, and Most Valuable Player. Sooryavanshi broke Chris Gayle's record for the most maximums in a single IPL season with 72 sixes during the 19th T20 competition. In the competition, he also became the fastest Indian to reach 1000 runs. In addition, he became the youngest player in the tournament to hit 1000 runs, surpassing Rishabh Pant.Sooryavanshi acknowledged that he would need to improve his fitness going forward if he wanted to have a lengthy career after receiving so many honors. "I need to improve my fitness if I want to avoid getting hurt. Everyone is really encouraging. In an interview with Ravi Shastri, Sooryavanshi stated, "Everyone supports me, including the senior players and support staff. It's a good atmosphere." Master Blaster Sachin Tendulkar has praised Sooryavanshi as well. According to the renowned Indian hitter, the young player possesses all the necessary skills to participate in the game's longest format.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.
Published 02 Jun 2026 10:57 PM
For the first time in an IPL season Indian hitters outpace foreign batters
IPL 2026 had the highest batting strike rate of any season at 156.34. For the first time in an IPL season, Indian hitters (157.10) scored more runs than foreign batters (154.71). 237.30 strike rate, 776 runs, and 72 sixes In an IPL season, Vaibhav Sooryavanshi became just the second hitter to score the most runs, hit the most sixes, and have the greatest strike rate (minimum 50 balls faced). Like Sooryavanshi, Chris Gayle was named Most Valuable Player in 2011.In the previous nine seasons, none of the highest run-scorers were among the top 15 strike rates in that season. The difference between Sooryavanshi's IPL 2026 run total and the next highest total for a batsman with a strike rate of 235 or more in any IPL season (Romario Shepherd's 70 runs in 2025) is 706 runs. IPL 2026 saw 65 totals of 200 or more, the highest in a T20 competition and 13 more than the previous record of 52 in IPL 2025. Individual teams also set new records in IPL 2026: Sunrisers Hyderabad (SRH), Punjab Kings (PBKS), Royal Challengers Bengaluru (RCB), and Rajasthan Royals (RR) all scored nine runs of 200 or more, the most in a Twenty20 competition.In terms of bowling, PBKS and RR gave up 200-plus totals nine times, which is also the most in a Twenty20 competition. IPL 2026 saw the highest number of sixes struck in a season, 1426, up 10.2% from the previous record of 1294 sixes in 2025. Thanks to 72 sixes from Sooryavanshi, who established the individual record for most sixes in a T20 competition, RR struck 181 sixes, the most of any team in a T20 event.
Published 01 Jun 2026 09:34 PM
Ramakrishna Ghoshs injury has been replaced by Macneil Noronha.
Macneil Noronha, an all-rounder from Karnataka who recently won the MA Chidambaram Trophy at the Naman awards for being the highest run-getter in the 2024/25 Colonel CK Nayudu Trophy, will join Chennai Super Kings (CSK) for INR 30 lakh as a replacement for Ramakrishna Ghosh, who injured his right foot during their game against Mumbai Indians on May 3rd and is out for the season. He will not play this season.Macneil Noronha will take Ghosh's place at CSK for INR 30 lakh.Noronha, a Karnataka all-rounder, has won the MA Chidambaram Trophy at the Naman Awards for scoring the most runs in the Colonel CK Nayudu Trophy for 2024–2025. Noronha was called up by the Karnataka team for the Syed Mushtaq Ali Trophy after an outstanding season, and he played in three games for his state.For the remainder of the 2026 Indian Premier League season, the Chennai Super Kings have selected Karnataka all-rounder Macneil Noronha to replace injured uncapped player Ramakrishna Ghosh.He was called up to Karnataka's Syed Mushtaq Ali Trophy squad as a result of his domestic achievements, and he played in three games. Noronha made an impressive 34 off 21 deliveries in his most recent match against Tripura in December 2025. He also contributed a wicket. The move comes after Ghosh was sidelined for the rest of the season due to a right foot injury he sustained during Chennai's match against Mumbai Indians on May 3. Ghosh had just made his eagerly anticipated IPL debut in that match, contributing to Chennai's decisive eight-wicket victory. Introduced into the attack in a high-pressure match, the young player returned figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had looked dangerous after reaching 21 off just 12 balls. In that match, Ghosh made his eagerly anticipated IPL debut and contributed to Chennai's convincing eight-wicket victory. The youthful player, who was brought into the attack in a high-stress match, recorded figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had appeared dangerous after reaching 21 off only 12 balls.Chennai will be hoping that Noronha will offer valuable depth as they continue to strive for a play-off position in spite of the setback.
Published 13 May 2026 05:46 PM
Why a political dispute has been sparked by Punjabs reversal on a new rural jobs initiative
The Punjab government has come under political criticism after it decided to implement the Centre’s Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) scheme, despite previously opposing it in the Punjab Assembly. Earlier, the Aam Aadmi Party (AAP) government had argued that the new rural employment programme would weaken the existing rural job guarantee system and place a greater financial burden on the state. The controversy began because the government’s latest notification appears to reverse its earlier position. Opposition parties, including the Congress, Shiromani Akali Dal (SAD), and BJP, have questioned why the government changed its stand. They allege that the decision contradicts the Assembly’s earlier resolution and have demanded an explanation for the sudden policy shift. The Punjab government has defended its decision, saying the matter is linked to the Centre and rural development funding. Rural Development Minister Tarunpreet Singh Sond has accused opposition parties of using the issue for political purposes rather than focusing on the welfare of rural workers. The government has maintained that its priority is to ensure employment opportunities and continued development in villages. The issue has also led to protests by some workers' groups and has become a major political debate in the state. Opposition leaders say the government should clearly explain why it opposed the scheme earlier but is now implementing it. With both the ruling party and the opposition defending their positions, the rural jobs scheme has become an important political issue in Punjab.
Published 20 Jul 2026 06:59 PM
Congress MP Imran Masood irritates an ally by saying, SP cannot tolerate Muslim leaders.
Congress MP Imran Masood has sparked political controversy after alleging that the Samajwadi Party (SP) "cannot tolerate Muslim leaders." His remarks came during an ongoing war of words with SP leaders and have created visible friction between the two parties, which have previously cooperated under the INDIA bloc. According to reports, this is the first time since the INDIA alliance was formed in 2023 that a senior Congress leader has publicly accused SP of sidelining Muslim leadership. Masood's comments were made while responding to criticism from SP leader Udayveer Singh. He claimed that SP has a history of not allowing strong Muslim leaders to emerge and said the party is uncomfortable with Muslim politicians who speak independently and keep their promises. He also referred to past Muslim leaders associated with SP to support his argument. The remarks have reportedly upset several SP leaders, who fear the controversy could damage the party's image among Muslim voters ahead of the 2027 Uttar Pradesh Assembly elections. Some leaders are also unhappy that the Congress has publicly backed Masood instead of distancing itself from his statements. Political observers believe the exchange reflects growing tensions between Congress and SP over leadership and seat-sharing as preparations for future elections begin. While neither party has officially announced any change in alliance strategy, the public disagreement has raised questions about the strength of opposition unity in Uttar Pradesh.
Published 16 Jul 2026 06:01 PM
Any anti-sacrilege law must have strict safeguards to prevent its weaponization, said Akal Takht Jathedar.
The debate over Punjab's anti-sacrilege law has intensified after Giani Kuldeep Singh Gargajj, the Jathedar of the Akal Takht, said that any law dealing with sacrilege must include strong safeguards to prevent its misuse. In an interview published on Tuesday, he clarified that the Akal Takht is not opposed to legislation aimed at preventing sacrilege but wants a law that protects innocent people from being falsely implicated.According to Gargajj, past experiences with laws such as those related to sedition and anti-terror provisions have shown that legal measures can sometimes be misused. He argued that sacrilege is an extremely sensitive issue in Punjab and that any new law should clearly distinguish between deliberate acts of desecration and cases of administrative negligence. He warned that harsh penalties for unintentional lapses could lead to injustice.The Jathedar also suggested that the law should go beyond punishing the individual who physically commits an act of sacrilege. He said that if investigations reveal links to organisations, sects, or deras that allegedly encourage or plan such acts, their leadership should also face legal action. In his view, targeting only the immediate accused would leave the real conspirators untouched and weaken the effectiveness of the legislation. Another point of concern raised by the Akal Takht relates to the wording of the proposed law. Religious authorities have objected to certain definitions and terminology, arguing that they do not accurately reflect Sikh religious beliefs and traditions. They have urged the Punjab government to revise these provisions after consulting Sikh institutions before implementing the law.The issue has also led to growing tensions between the Akal Takht and the Aam Aadmi Party-led Punjab government. Recently, the Akal Takht issued a warning to the government over what it described as defamatory campaigns against Sikh institutions and continued to press for amendments to the anti-sacrilege legislation.The Punjab government, on the other hand, has maintained that the objective of the law is to provide stronger legal protection against incidents of sacrilege. It has also expanded the list of protected religious terms and symbols used during investigations. The debate is expected to continue as both the government and Sikh religious authorities seek a balance between safeguarding religious sentiments and ensuring that the law cannot be misused for political or personal purposes.
Published 07 Jul 2026 05:25 PM
Uddhav Thackeray’s Hindutva reset How Ayodhya row handed him an opening
The alleged irregularities in donations to the Ayodhya Ram Temple have provided a fresh political opportunity for Uddhav Thackeray to reclaim the Hindutva narrative that has long been associated with the Shiv Sena. Launching the 'Ram Raksha Andolan' in Maharashtra, the Shiv Sena (UBT) chief accused the BJP of exploiting Hindu sentiments and demanded an impartial investigation into the alleged misuse of temple donations.At a rally in Mumbai, Thackeray revived slogans closely linked to his father, Bal Thackeray, including "Garv Se Kaho Hum Hindu Hain." He argued that his party had never abandoned Hindutva, but had only parted ways with the BJP. By doing so, he attempted to re-establish Shiv Sena (UBT) as the original champion of Hindutva while accusing the BJP of turning the ideology into a political tool.Thackeray also alleged that those responsible for the alleged donation irregularities could not be trusted to investigate themselves. He called for an independent probe, stating that "those looting Hindus are in power." His remarks sought to shift the debate from temple construction to accountability and transparency in the management of religious donations. The political significance of this campaign extends beyond the Ayodhya controversy. Since the 2022 split in the Shiv Sena, the BJP and the faction led by Eknath Shinde have repeatedly accused Uddhav Thackeray of abandoning Hindutva after aligning with the Congress and the NCP. By making the Ram Temple issue central to his campaign, Thackeray is attempting to counter that narrative and reconnect with traditional Sena supporters.The BJP has rejected Thackeray's allegations and responded by saying that he had "finally remembered Ram." Party leaders maintain that Uddhav's campaign is politically motivated, while reiterating that investigations into the donation controversy are already underway. Meanwhile, the Ram Temple Trust is reviewing developments related to the case as public attention remains focused on the issue.Political observers believe the Ayodhya donation row has handed Uddhav Thackeray an opening to revive his party's core ideological identity ahead of future elections. Whether this strategy succeeds will depend on the outcome of the investigation and whether voters view his renewed emphasis on Hindutva as credible or primarily a political response to the BJP's dominance over the issue.
Published 06 Jul 2026 04:51 PM
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Sports Trend
StatisticsAt Lords, Rohit and Root break records
Published 20 Jul 2026 06:43 PM
The 10-man USA eliminates Bosnia to go to the round of 16 and maintains the World Cup dream.
Published 07 Jul 2026 05:07 PM
The 10 man USA eliminates Bosnia to go to the round of 16 and maintains the World Cup dream.
Published 02 Jul 2026 04:39 PM
Ramakrishna Ghoshs injury has been replaced by Macneil Noronha.
Published 13 May 2026 05:46 PM
Political Trends
- Congress MP Imran Masood irritates an ally by saying, SP cannot tolerate Muslim leaders.
- Any anti-sacrilege law must have strict safeguards to prevent its weaponization, said Akal Takht Jathedar.
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Finance & Stock Market Trend
All Trending News in Asia
Stock Market Nifty 50 falls below 21,500, Zee Entertainment shares down 25%
The Bombay Stock Exchange (BSE) has revised the Dynamic Price Band of shares of Zee Entertainment to 30% downward from 25% earlier. In case further relaxation is needed, it will be done at an interval of 15 minutes, a circular from the BSE said.It must be noted that the stock is currently in the F&O ban and hence there are circuit limits being imposed, something that is a practice with non-F&O stocks. Otherwise, for F&O stocks, there is no price band. Barring ICICI Bank, the remaining 11 stocks in the Nifty Bank index are contributing negatively towards its downside. Reliance Industries shares were in focus on January 23 with analysts expecting up to 23% upside in the Mukesh Ambani-led conglomerate’s stock following the results for the October to December 2023 quarter. Reliance shares traded more than a percent lower after the firm reported a steady third quarter with retail business revenue hitting a record high, Jio reporting a 2% rise in average revenue per user (ARPU) and oil and gas business witnessing record high margin of 86%. Shares of HDFC Bank Ltd. remain the top contributors to the Nifty 50’s downside on Tuesday, declining another 2%. India’s largest private lender is contributing 56 points to the index downside on Tuesday. The lender’s market capitalisation has also slipped below the mark of ₹11 lakh crore, compared to its peak of ₹12.97 lakh crore, which it had on December 29.With Tuesday’s drop, the stock has declined in four out of the last five trading sessions, during which it has seen a drop of 13% from closing levels of January 16. Shares of Medi Assist Healthcare Services listed on the bourses on Tuesday, January 23. The stock listed at a premium of 11% at ₹465 a share on the BSE, and went on to scale an intra-day high of ₹509.60. On the NSE, it listed at ₹460, a premium of 10% against an issue price of ₹418. Ahead of its debut, shares of Medi Assist were commanding a premium of ₹32-36 in the unlisted market. As per trends, the company’s shares were expected to list at a premium of 8%. The initial public offering (IPO) of Nova Agritech Limited (NATL) will open for subscription on Tuesday (January 23). The public offer was postponed by a day due to the market’s holiday on January 22 and would close on January 25. Ahead of the issue launch, the company’s shares are commanding a premium of ₹20 in the unlisted market.Nova Agritech has fixed its price band at ₹39-41 per share, with a lot size of 365 equity shares in one lot and its multiples thereafter.
Published 24 Jan 2024 11:17 PM
Ram Mandir Inauguration: TN govt slams Finance Minister for spreading falsehood over live telecast ban
The Tamil Nadu government has hit back at Union Finance Minister Nirmala Sitharaman's claims that the state has prohibited the live telecast of Ayodhya Ram Mandir programmes scheduled for January 22. P Sekar Babu, Tamil Nadu Minister for Hindu Religious & Charitable Endowments, dismissed these allegations and criticised Sitharaman for "purposefully propagating this erroneous information"."The Hindu Religious and Charitable Endowments department hasn't imposed any limitations on devotees' freedom to offer food, conduct poojas in the name of Shri Ram, or provide prasad in Tamil Nadu temples. It is unfortunate that people in office, like Union Finance Minister Mrs. Nirmala Sitharaman and others, are purposefully porpagating this erroneous information," Sekar Babu said in a post on X (formerly Twitter). Earlier on Sunday, Sitharaman claimed that the Tamil Nadu government prohibited the live telecast of the prgrammes and took to social media to denounced the Chief Minister MK Stalin-led DMK government, labelling the it as "anti-Hindu" and "hateful."Sitharaman had alleged that the "ban" extends to Hindu Religious and Charitable Endowments (HR&CE) managed temples, where she claimed activities such as puja, bhajan, prasadam, and annadanam in the name of Lord Ram are not permitted. She further accused the police of intervening in privately held temples, preventing them from organising events and issuing threats of dismantling pandals.Sitharaman alleged that individuals are facing obstacles and threats while attempting to organize bhajans, provide food to the needy, distribute sweets, and celebrate, all to witness Prime Minister Narendra Modi's participation in the Ram Temple consecration ceremony at Ayodhya.The Finance Minister went on to claim that cable TV operators have been warned about possible power cuts during the live telecast, branding it as an "anti-Hindu move" orchestrated by the DMK, a key partner in the INDIA alliance. Sitharaman accused the Tamil Nadu government of "unofficially" citing law and order concerns as a justification for the ban on live telecast.
Published 24 Jan 2024 11:16 PM
Ram Mandir Inauguration Half-day holiday for Delhi govt schools
The Delhi government has declared a half-day holiday for all government and government-aided schools till 2.30 pm. In an official circular, Bhupesh Chaudary, Delhi’s Director of Education, said this only applies to schools running in the general and morning shifts. However, schools running in the shift will start at 2.30 pm and run till 5.30 pm.The Tamil Nadu government has hit back at Union Finance Minister Nirmala Sitharaman’s claims that the state has prohibited the live telecast of Ayodhya Ram Mandir programmes scheduled for January 22. P Sekar Babu, Tamil Nadu Minister for Hindu Religious & Charitable Endowments, dismissed these allegations and criticised Sitharaman for “purposefully propagating this erroneous information”. Read more.The NDMC has adorned key locations in Lutyens’ Delhi with captivating flower boards to celebrate the consecration ceremony at the Ram temple in Ayodhya, its vice-chairman Satish Upadhyay said on Sunday. He added that prominent locations, including Khan Market, BKS Marg, Connaught Place, Mandi House roundabout, PM House roundabout, Malcha Marg Market, Yashwant Place Market, Dilli Haat, Birla Mandir and 11 Murti, have been decorated. Upadhyay said the “headquarters of the New Delhi Municipal Council (NDMC) is also illuminated with radiance” in view of the auspicious occasion. In anticipation of the consecration ceremony at Ayodhya’s Ram temple on Monday, January 22, authorities have implemented advanced security measures, employing cutting-edge technology to safeguard the sacred event and the devotees in attendance.Prime Minister Narendra Modi will spend five hours in Ayodhya as the consecration ceremony or ‘pran pratishtha’ of Ram Temple will happen on Monday, January 22. Over 8,000 special invitees will witness the grand event outside the ‘garbh griha’ or sanctum sanctorum.Temples in Puducherry will livestream the consecration of the Lord Ram temple at Ayodhya on their premises after the territorial government issued circulars directing them to make arrangements, official sources told PTI on Sunday. The temple management is gearing up to perform customary rituals for the idols of Lord Ram and his consort, Goddess Sita, before the live telecast, the sources said. Chief Minister N Rangasamy, other Ministers and legislators would be among those who would virtually watch the consecration event at a local Vishnu temple, official sources said. The Shri Ram Janmabhoomi Teerth Kshetra Trust has got ‘mahaprasad’ prepared for the VIPs coming to attend the consecration ceremony in Ayodhya on Monday. More than 20,000 packets of ‘mahaprasad’, which has been prepared with pure ghee, five types of dry fruits, sugar, gram flour (‘besan’) is being handed over to the Trust for the guest after the ceremony, an official said.The AAP government in Delhi is inspired by the concept of “Ram Rajya” and draws motivation from it in providing various facilities to the people of the national capital, Chief Minister Arvind Kejriwal said on Sunday. Kejriwal made the remarks at the three-day Ramlila event being organised by the Delhi government’s Art, Culture and Languages department. The conclusion of the event, which began on Saturday, will coincide with the consecration ceremony at the Ram temple in Ayodhya.Engineering and construction conglomerate Larsen & Toubro (L&T) on Sunday said that it has designed and built the Ram Temple in Ayodhya, Uttar Pradesh. The much-awaited Ram temple consecration will be held on Monday. Prime Minister Narendra Modi will attend the rituals, following which the shrine will be opened to the public a day later.As mandated by the Shri Ram Janmbhoomi Teerth Kshetra Trust, Larsen & Toubro has successfully designed and built the Shri Ram Janmbhoomi Temple, establishing a new milestone in architectural grandeur, the construction firm said in a statement. The temple stands within a 70-acre complex, with its design rooted in the ancient Nagara style of architecture.Attired in vibrant colours with a big turban on his head and silver jewellery embellishing his hand and feet, a man plays mellifluous tunes on his bamboo flute to the praise of Lord Krishna in the land of Lord Ram. Meet Swami Adbhut from Ujjain, who has been dressing up in Lord Krishan’s attire for the past 16 years. He claimed that he maintains this appearance throughout the day.“The entire world is imbued in the spirit of Lord Krishna. Both Lord Ram and Lord Krishna are manifestations of the same divine essence,” he said, adding that he is in Ayodhya for the consecration event of January 22 and to “behold the divine presence of the Lord”. While in Ayodhya, he displays an image of Lord Krishna and plays his flute while keeping the rhythm by jingling his anklets.Actor Kangana Ranaut says it’s her “good fortune” to be invited for the Ram temple consecration ceremony on Monday. The 36-year-old actor on Sunday met her spiritual guru Rambhadracharya and participated in a yagya at a temple in Ayodhya.
Published 24 Jan 2024 11:16 PM
MediBuddy vHealth: Pioneering Digital Healthcare Solutions for a Healthier Tomorrow
In the ever-evolving landscape of modern-day healthcare, where accessibility, convenience, and innovative solutions are paramount, digital healthcare platforms emerge as game-changers. These platforms bridge geographical gaps, providing accessible and convenient healthcare services through telemedicine, remote monitoring, and efficient data management. By leveraging technology, they enhance communication, streamline processes, and offer cost-effective solutions. Among the pioneers leading this charge is MediBuddy vHealth, a trailblazing digital healthcare organisation at the forefront of India’s healthcare revolution. As the country grapples with challenges in traditional healthcare, MediBuddy vHealth stands out for its commitment to providing accessible and convenient healthcare services through telemedicine, remote monitoring, and cutting-edge technology.As one of India’s leading digital healthcare organisations, MediBuddy vHealth provides preventive and primary quality care services to over 3.5 million active subscribers. These include unlimited doctor consultations, Specialists OPD consultations, preventive blood test packages, and deeply discounted medicine delivery, all conveniently brought to the member’s doorstep. Their integrated healthcare ecosystem combines in-house doctors’ expertise with a vast network of 3500+ partner healthcare centres, thus emphasising on clinical excellence through advanced technology. Operating under Indian Health Organization Pvt. Ltd., a wholly owned subsidiary of Medibuddy, India’s largest health-tech platform, MediBuddy vHealth is a market leader in the B2B2C segment having India’s finest NBFCs, MFIs, Banks, Insurance aggregators, Fintech companies and alike as distribution partners. MB vHealth is empowered by a dedicated team of 200 clinical and non-clinical staff, standing as a beacon of innovation in the digital healthcare landscape. Their vast partner network of healthcare providers is spread across 2000+ Indian cities, comprising of premium hospital chains & standalone clinics, prominent dental chains, top offline & online pharmacies and leading diagnostic labs, offering seamless access to quality healthcare services anytime, anywhere.Guided by a mission that integrates healthcare, science, AI, and human intervention, MediBuddy vHealth is committed to making high-quality healthcare accessible to a billion people and is driven by its 12 core values, known as MBB/MediBuddy Beliefs, shaping its decision-making and work approach.Established in 2017, MediBuddy vHealth (formerly vHealth by Aetna) has evolved as a subsidiary of MediBuddy, India’s largest Digital Healthcare platform. A pivotal moment in the company’s journey occurred in February 2023 with the acquisition of Indian Health Organization Private Limited by MediBuddy, thus starting the transition journey from ‘vHealth by Aetna’ to ‘MediBuddy vHealth’. Today, MediBuddy vHealth stands as a leading primary healthcare service provider in the B2B2C healthcare domain in India. The array of subscription-based primary healthcare services offered includes online teleconsultations with MediBuddy vHealth doctors, an expansive outpatient network, pharmacy services, diagnostics, and dental care. Ensuring quality care delivery, the clinical team takes complete ownership of the treatment process.Amidst the widespread healthcare landscape and a challenging doctor-patient ratio in India, digital healthcare emerges as a pivotal factor in addressing these issues, particularly in the aftermath of Covid.Globally recognised healthcare solutions emphasise the importance of ‘access to quality primary care,’ and MediBuddy vHealth aligns with this ethos. By ensuring that its doctors spend quality time with patients and employ evidence-based medicine for accurate diagnoses, the platform has pioneered accessible and affordable preventive healthcare services, reducing the need to visit a hospital by 70% (as per an independent research).
Published 24 Jan 2024 11:14 PM
Accelerating enterprise global capability maturity using digital capabilities and practitioner’s strength.
Global Capability Centers (GCCs) are consistently gaining patronage as a strategic lever and have seen rapid growth over the past couple of years. GCCs are in-house units that are set up by multinational companies in offshore geographies to take advantage of low operating costs, talent availability and language skills. Large companies have been using an outsourced model; however, over the years, there has been a major shift towards a GCC model, which is also referred to as in-house centres. Early on, these units were set up to take advantage of the cost and talent arbitrage, but have now progressed to be ‘value creators’ and are being leveraged as innovation and transformation hubs. India continues to be the top destination for new GCCs, hosting over 1580 centres with a talent pool exceeding 1.66 million professionals as of June 2023.With a mission to simplify and make GCCs accessible and be size agnostic, Gloplax was founded in 2019 by leaders of the global sourcing industry. Gloplax has emerged as a ‘game changer’ in facilitating the establishment and operation of GCCs in India and the Philippines. Leveraging extensive experience, practitioner’s strength, and a digital ecosystem, Gloplax is rightly poised to accelerate the GCC journey for its clients. Gloplax has become a trusted partner for marquee brands in Financial Services and Retail. With a global presence spanning India, Philippines, US, UK, and Australia, Gloplax provides a definite edge in enabling seamless global operations.A successful GCC set-up requires a comprehensive ecosystem to support/ enable at each stage of its lifecycle. Gloplax has developed a digital ecosystem that comprises advanced technology-enabled tools, frameworks, verified vendor partners and reliable industry data and insights. The Gloplax team has a history of successfully setting up and running Global Capability Centres (GCCs) of leading multinational companies over the last two and a half decades.Their commitment extends across the entire value chain of global sourcing, guided by the core belief that solutions should be tailored to each client’s unique context. “Embracing a bespoke approach supported by our distinctive 3E model – Effectiveness, Efficiency and Experience integrated in all that we do, Gloplax ensures customised and impactful solutions for every engagement.” Shared Aveek Mukherjee, Co-founder and MD, Gloplax. Founded by professionals and senior leaders from the global sourcing industry, Gloplax distinguishes itself through deep experience and a technology-enabled operating environment. The leaders at Gloplax are proud of their impressive legacy of establishing GCCs for leading Financial Services companies and MNCs from other industries, Retail, Technology and other industries. Gloplax recently announced a strategic alliance with KPMG in India, a prominent advisor in the GCC domain. Together, they present a comprehensive “GCC as a service” model encompassing strategy and design, capability building, facility setup, operational management, and support functions like Human Resources, Finance, Risk Management, Compliance, Branding, Recruitment, and technology implementation. This collaborative model offers numerous advantages, including lower capital outlay, accelerated time to market, flexibility in team scaling, access to high-quality talent, market insights, industry experts, and competitive costs compared to traditional standalone GCC models. The joint service model caters to diverse industries such as Financial Services, TMT (technology, media, and telecommunications), Healthcare, ENR (energy and natural resources), Manufacturing, Insurance, and more. Charlie Roberson brings a wealth of experience from his 28-year career, retiring as Executive Vice President at a large US bank. Leading the company’s global services from its inception in 2007, he grew it to 25,000+ resources within a decade. Charlie’s approach, tailored to the company’s culture, earned the trust of senior leaders. Under his leadership, Gloplax excels in assessing opportunities, supporting decision-makers, and providing ongoing delivery excellence, primarily in India and the Philippines.
Published 24 Jan 2024 11:10 PM
Governments cash surplus tops Rs 3.4 lakh crore
Apart from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions. Mumbai: A constant feature of the Indian banking system over the past couple of months has been the prevalence of large deficit liquidity conditions, and one of the factors behind banks' scramble for funds is a massive build-up of government cash balances as the Centre slows down spending.Apart from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions."Government cash surplus as of Janury 12, 2024 is tracking at ₹3.4 lakh crore versus ₹1.6 lakh crore as of January 13, 2023. We see space for expenditure savings for the Centre on transfers to states which consists of finance commission grants, centrally sponsored schemes and central sector schemes, loans for capital expenditure etc," said Gaura Sengupta, economist at IDFC First Bank. "Based on data from Finance Ministry, 15th Finance Commission grants to states are tracking 29%YoY lower in FYTD24 (Apr-Dec)," she said.As on January 16, the headline liquidity deficit in the banking system was at ₹1.94 lakh crore, Reserve Bank of India data showed. Liquidity in the banking system typically tightens around the middle of a month due to tax outflows before easing towards the end of the month as the government spends on salaries and pensions of employees. With banks facing a scarcity of funds at present, the weighted average call rate (WACR) closed at 6.76% on Wednesday, much higher than the repo rate of 6.50%. The elevated money market rates have pushed up costs of funds for banks, and in turn for corporates, looking to raise money through short-term debt."It's speculative to say that the build-up in cash balance is for any particular reason, but one thing is that the government started the year in WMA (Ways and Means Advances), so there might have been a target to build up the cash balance for the end of the year as well," said A Prasanna, head of research at ICICI Securities Primary Dealership. WMA is a funding facility that the RBI extends to the government in order to tide over short-term cash-flow mismatches.Till January 11, the government's net direct tax collections rose 19% annually to ₹14.70 lakh crore, official data released last week showed. Tax collections till then were at 81% of the full-year target.
Published 24 Jan 2024 11:11 PM
HDFC Bank seeks Singapore bank license to grow overseas
HDFC Bank, India's largest private sector lender, is seeking approval for a banking license in Singapore. The bank aims to tap into the Indian diaspora in Singapore for savings and term deposits, as well as cross-sell products like mortgages. HDFC Bank already has a presence in London, Hong Kong, and Bahrain. With a customer base of 93 million, the bank is expanding its reach overseas after a merger with Housing Development Finance Corp. last year.HDFC Bank Ltd, India’s biggest private sector lender, is seeking to open its first branch in Singapore, signaling its overseas ambitions after sewing up a landmark merger with mortgage financier Housing Development Finance Corp. last year. The bank has applied to the Monetary Authority of Singapore for a banking license and is awaiting approval, according to sources familiar with the matter. It is not clear what kind of banking license HDFC Bank is seeking in Singapore, said one of the people, who declined to be identified as the information is confidential. The banking giant is seeking a bigger presence abroad to tap the Indian diaspora for savings and term deposits, as well as to cross-sell more products, including mortgages, the people said. At home, HDFC has been focusing on deepening its reach in the world’s most populous country through loans to retail customers. HDFC Bank did not respond to an email seeking comment. “As a matter of policy, MAS does not comment on our dealings with financial institutions,” according to a spokesperson from the Singapore regulator. Singapore, with a population of almost 6 million people, houses a large India diaspora. About 650,000 non-resident and persons of Indian origin live in the city-state, according to Indian government data.HDFC Bank is currently not licensed or regulated by the MAS, according to its website. It only provides home loans-related advisory services for the purchase of properties in India, the website states. The categories of banking licenses in Singapore encompass full banks, qualifying full banks and wholesale banks, which impose varying levels of restrictions on the lenders’ activities. State Bank of India and ICICI Bank Ltd. hold qualifying full banking licenses, alongside eight other banks like Bank of China Ltd. and BNP Paribas SA. Such licenses are open only to foreign banks and allow them to have additional branches and/or off-premise ATMs as well as to share ATMs among themselves, according to the Association of Banks in Singapore’s website.The MAS regulates and supervises more than 150 deposit-taking institutions in Singapore, ranging from full banks to finance companies, according to its website.
Published 24 Jan 2024 11:11 PM
Teslas winter woes: A storm of challenges and disruption
Tesla is grappling with operational, strategic, and environmental challenges that impact its stock value and investor focus. The recent challenges placing Tesla in the headlines, including operational disruptions, strategic market adjustments, and technological limitations in cold weather, have impacted its stock price, contributing to a 13% decline in the past thirty days. Tesla's analysts are concerned about business growth, which has shown signs of deterioration in recent quarters. This, combined with the company's high valuation, makes some analysts cautious about Tesla's stock in the medium term.Despite these concerns, Tesla's diverse business operations beyond just manufacturing cars offer some optimism. Its advancements in other areas, like energy solutions and technology innovations, provide potential growth avenues. However, the company's core focus on car manufacturing is subject to market cyclicality, which currently does not favor bullish sentiments.Investors eagerly anticipate the release of the Q4 earnings report and guidance for the fiscal year 2024, as it will impact the company's stock valuation. Manufacturing efficiency and the number of vehicles manufactured are pivotal in influencing investors' interest. While some investors maintain a positive outlook based on potential long-term growth, Tesla’s overall sentiment is a mix of optimism and caution. Some investors and Tesla stock analysts have adopted a bearish stance due to the company's prevailing challenges and market dynamics. Tesla's Berlin gigafactory is pivotal to its European market growth. The Berlin gigafactory has recently halted operations due to supply chain issues linked to the Red Sea blockade. This crucial maritime channel is integral to global trade, and its disruption has had a domino effect, underlining the vulnerability of global manufacturing networks to geopolitical strife. The Berlin factory, known for its state-of-the-art production capabilities, now faces uncertainties that concern investors, particularly regarding potential delays in vehicle production and distribution. This halt impacts Tesla's operational efficiency and places added pressure on its stock value as the market reacts to these unforeseen challenges and the possible implications for Tesla's European market performance and overall global supply chain efficiency.In response to intensifying competition in China and Europe, Tesla has strategically reduced prices for select models in these key markets. This price adjustment is calculated to strengthen Tesla’s standing, especially in China, where the demand for affordable electric vehicles is rapidly expanding. While this strategy could potentially increase Tesla's market share in the short term, it raises crucial questions about its long-term effects on its profitability and financial health. These concerns are particularly pertinent for investors as they weigh the implications of Tesla's pricing strategy on its future revenue streams and overall market sustainability.
Published 24 Jan 2024 11:12 PM
Indias most valuable PSU remains a wealth destroyer
Life Insurance Corporation of India (LIC) overtook State Bank of India on Wednesday to become India's most valuable state-run company in terms of market capitalisation. At the start of trading on Wednesday, LIC had a market capitalisation of ₹5.66 lakh crore, compared to SBI's ₹5.64 lakh crore, though SBI recovered from opening lows to reclaim the top spot for a brief period again. However, despite becoming India's most valued company, LIC has caused loss of investor wealth. The stock listed at a discount in May 2022, a level it only crossed on Tuesday, nearly two years after listing. Although the stock has crossed the retail IPO price of ₹904, it remains below the original IPO price of ₹949. Over the last 12 months, the stock has gained only 27%, compared to other PSE index constituents like REC, PFC, BHEL and HAL, which have gained anywhere between 140% to 250% over the same time frame. In fact, LIC shares are the second-worst performers on the Nifty PSE index over a 12-month period, only ahead of Container Corporation of India, which is up 25%. LIC remains India's biggest IPO where the government sold a 3.5% stake to mobilise over ₹21,000 crore. That is the only stake sold in the open market yet as the government continues to hold the remaining 96.5%. DIPAM Secretary Tuhin Kanta Pandey in his prior interactions with CNBC-TV18 had mentioned that an LIC Follow-On Public Offer (FPO) is not on the cards yet. Additionally, unlike other PSUs, LIC has been granted an exemption from complying with minimum public shareholding norms. It can achieve the 25% minimum public shareholding by May 2032, instead of the usual three years. LIC shares have recovered from their 52-week low of ₹530 and despite this rally are trading at 0.85 times price-to-embedded value. Shares of LIC are trading 0.6% lower at ₹887.2. The stock is up 11% over the last month.
Published 24 Jan 2024 11:12 PM
Ram Mandir News - RJD chief Lalu Yadav to skip Ram Mandir Pran Pratistha ceremony
Ahead of the pranpratishtha ceremony, Ayodhya Ram Temple Construction Committee Chairman, Nripendra Mishra says, “…a historic event…There is not only in India but all over who have faith, they feel that their rights have been recognised, their faith has been respected. So, from that sense of the term, there is jubilation. But at the same time, I would say and I believe what the PM said in 2019 when the judgement came – there should be no sense of victory or there should be no sense of defeat. We must all accept the judicial pronouncement. So, everyone is cautious that while you celebrate this day, don’t celebrate this day as something which is to show any other person of a different faith that he is less important to this country. This country belongs to everybody.” Priest Sunil Das in Ayodhya says, “This Ayodhya temple will be the centre for universal peace centre….” Priest Sunil Das conducted religious rituals in the ‘Garbha Griha’ of Ayodhya Ram Temple today. Union Minister Anurag Thakur criticized the Congress and other opposition parties for staying away from the Ram temple consecration ceremony in Ayodhya. Thakur, accompanied by Delhi BJP chief Virendra Sachdeva, participated in a cleanliness drive at the Valmiki temple premises. He warned that the opposition’s decision to boycott the ceremony might lead to people boycotting them, citing past instances when public support waned due to similar actions. The “pran pratishtha” ceremony is scheduled for January 22 as part of the BJP’s “Swachhata Sewa” programme. Former Chief Minister and RJD chief Lalu Prasad Yadav, on Wednesday, said that he will not be attending the Pran Pratishtha ceremony at the Ram Mandir in Ayodhya on January 22.“I will not go to Ayodhya to attend the pran partishtha ceremony of the Ram temple,” he said.
Published 24 Jan 2024 11:13 PM
Sensex tumbles 1,628.01 points to close at 71,500.76; Nifty plunges 460.35 points to 21,571.95
The company has received additional orders worth ₹339.31 crore since the last disclosure on 26th Dec 2023 and these orders pertain to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services, said BEL in a filing to the exchanges. Nifty Banks Slides More Than 4%, Biggest Fall Since February 2022. HDFC Bank Records Worst Day In 3 Years, Falls Over 8% After Earning. HDFC Bank Contributes Over 50% Fall To Both Nifty & Nifty Bank. HDFC Bank Reacts Sharply To Earnings, Erases `1 Lk Cr Market Cap. BSE-listed Cos Erase Market Cap Of `4 Lakh Cr Today. All Sectoral Indices Close In The Red While Volatility Index Surges 11%. Sensex Slides 1,628 Points To 71,501 & Nifty 460 Points To 21,572. Nifty Bank Falls 2,061 Points To 46,064 & Midcap Index 516 Points To 47,152Except Bandhan, All Nifty Bank Constituents End In The Red. IEX Slides 11% On Power Minister’s Mkt Coupling Comment. Asian Paints Reports Earnings In-Line, Stock Is Down 2%. Pricol Sees Block Deals Of Over 15%, Minda Corp & PE Likely Sellers. IT Stocks See Buying Amid Market Sell-off, Most IT Stocks In The Green. ICICI Lombard Surges After An Improved Showing In Q3, Up 6%. L&T Tech Surges Despite Reporting Below-than-expected Results, Up 4%. Polycab Extends Gains, Closes With A Gain Of 2% Ahead Of Results. Market Breadth Fvaours Declines, Advance-Decline Ratio At 1:3.In what was touted to be a takeover attempt, Minda Corp mentioned that this was only a financial investment and will not fetch them any special rights in Pricol other than those of a normal shareholder. The management of Pricol had told CNBC-TV18 on February 17 that the promoters have no intention to sell any stake in the company as it is on the path of growth and is doing well. "I definitely do not want to sell. I'm 1,000 percent committed to this business," Mohan said. "Our market share has gone up. We have a very strong order book, zero long term debt, healthy cash profits, capacity, and we know we are on a growth curve. So why would I sell?" he further added. On January 4 this year, India's competition regulator had said that prima facie, the proposed merger by Minda may have adverse on competition and that it intends to conduct further inquiry into the process. Shares of Pricol are off the day's low, currently trading 2% lower at ₹360.70, while those of Minda Corp have surged to the day's high, currently trading 3% higher at ₹395.75.
Published 24 Jan 2024 11:09 PM
Süd-Chemie India Pvt. Ltd.
The chemical manufacturing industry is currently undergoing a significant transformation, marked by a surge in demand for sustainable products and a shift towards circular economy practices. At the forefront of driving this change is Süd-Chemie India Pvt. Ltd. (SCIL), a pioneering company led by CEO Mr Prakash Babu Surya. Founded in 1969 as Catalysts & Chemicals India (West Asia) Pvt. Ltd., the company emerged as a leader in catalysis. Subsequent mergers and acquisitions led to transformations, with the company being renamed United Catalysts India Ltd. (UCIL) in 1979 and Süd-Chemie India Pvt. Ltd. (SCIL) in 2000 with Süd-Chemie A.G. Germany acquiring CCI, USA’s shares. Acquired by Clariant International in 2011, SCIL now stands as a global giant, delivering catalyst solutions and catering to both Indian and international markets. Their strength lies in a profound understanding of chemistry and its applications, addressing the specific needs of clients in both Indian and international markets. SUD Chemie India Private Limited is a Non-govt company, incorporated on 28 Feb, 1969. It's a private unlisted company and is classified as'company limited by shares'.Company's authorized capital stands at Rs 100.0 lakhs and has 96.23% paid-up capital which is Rs 96.23 lakhs. SUD Chemie India Private Limited last annual general meet (AGM) happened on 19 Sep, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).SUD Chemie India Private Limited is majorly in Manufacturing (Metals & Chemicals, and products thereof) business from last 54 years and currently, company operations are active. Current board members & directors are ARSHIA ALTAF LALLJEE, ISKANDER ALTAF LALLJEE, HAMIDA ALTAF LALLJEE, ADNAN WAJHAT AHMAD, DEEPAK RASIKLAL PARIKH, STEFAN CHRISTOF JOHANNES HEUSER, KARL HOLGER DIERSSEN and NYELA KALSIA .Company is registered in ROC-Ernakulam (Kerala) Registrar Office. SUD Chemie India Private Limited registered address is EDAYAR INDUSTRIALDEVELOPMENT AREA BINANIPURAM P O ALUVA ERNAKULAM KL 683502 IN.
Published 24 Jan 2024 11:08 PM