Asia News & Trends

Women leaders on vulnerability, strength, and structural changes in

Women leaders on vulnerability, strength, and structural changes in "Authentic Ascent"

An interesting panel discussion on the topic of "The Authentic Ascent: Leading with Vulnerability and Strength" took place at the 6th edition of the Women Disruptors Summit & Awards 2025. Industry pioneers gathered to talk about systemic changes that enable women in leadership positions in addition to their own personal journeys.Pritha Mitra Dasgupta, Chief Marketing Officer of Havas India, presided over the meeting, and panelists included: Kinnari Dave, Shemaroo Entertainment's Business Head for ShemarooMe Prachi Bali, Head of Saatchi Propagate and EVP Shwetal Basu, Polycab India's Senior Vice President and Head of Brand & Marketing"We are no longer applauding leaders who never flinch," said Pritha Mitra Dasgupta, who opened the conversation by saying .that the days of leaders who stood like rock without flinching were long gone. In actuality, we are admiring those who possess the capacity for tenderness, resilience, empathy, and ambition.She continued by asking Kinneri Dave how both astute strategy and flexibility are necessary to successfully navigate a legacy business through the digital maelstrom. "Could you describe a situation where you were able to bring things back on track when they were veering off course because of your transparency rather than just your strategic abilities?""When you take over a brand, a legacy brand as large as Shemaroo, the burden of the brand and the legacy is huge, and you're always on edge, making sure you're not denting it," Kinnari Dave said, citing a server crash as an example that demonstrated the leadership transfers. I can clearly recall that five years ago, I oversaw product and technology for another company before taking the helm at Shemaroo.I remember clearly the day one of our servers broke and we lost a lot of data because it's a legacy brand and we had a major tech move. At that period, leading product technology for a heritage company felt extremely risky because of the media and people' doubts about a legacy brand going digital in comparison to Netflix. We told stakeholders, "Yeah, we've had a crash, lost data, and need time to figure this out," rather than jumping into solution mode, I said. However, we'll make sure that things return to normal. I then said to the crew, "All right, so this is where we are." Let's focus on finding a solution and separating the problem from the who.That made things more relatable and encouraged cooperation. Because we came together and worked as a single, cohesive team, I believe that's where we found the solution and recovered more quickly than anticipated.  

Published 14 Apr 2025 07:37 PM

In a new covert Santa commercial, IGP adds a gangster touch to office gifts.

In a new covert Santa commercial, IGP adds a gangster touch to office gifts.

IGP debuted a brand-new Christmas advertising campaign. The office Secret Santa in the advertisement has a gangster vibe. It draws attention to likable characters at work. IGP provides a variety of practical presents. The ad highlights growing tendencies in office gifts. The goal of IGP is to simplify corporate gifting.With the debut of its second ad video under the 'Amazing Gifts, Samay Par' campaign, International Gifts Platform, or IGP, has added a humorous and inventive twist by putting a birthday celebration in the Stone Age. This most recent episode satirically reimagines the classic problem of selecting the ideal birthday present, demonstrating that gift selection was important even in prehistoric times. The campaign's main concept is that a well-considered present given at the appropriate moment can have a lasting effect.The advertisement transports us to the Stone Age, when even prehistoric people understood that a birthday celebration wouldn't be complete without the ideal cake. A young cave lad surprises his crush with a delectable cake and blooming flowers from IGP in a world where stone tools are cutting edge and fire is considered a luxury. Every cave-dweller at the gathering is won over by the cake, which becomes the talk of the tribe. The message is clear: a thoughtful, well-timed present can make a lasting impact in any era, whether you are looking for dinner or running contemporary errands!  

Published 13 Dec 2024 10:46 PM

Review of Pushpa 2 The Rule and live updates Rashmika Mandanna and Allu Arjun's movie will be accessible to those with disabilities; BO update

Review of Pushpa 2 The Rule and live updates Rashmika Mandanna and Allu Arjun's movie will be accessible to those with disabilities; BO update

Review of Pushpa 2: The Rule and live updates: Pushpa's follow-up with Director Sukumar: The Rise is about to blow the box office away. Rashmika Mandanna, Fahaadh Faasil, and Allu Arjun are the film's main actors. Allu will play laborer-turned-sandalwood smuggler Pushpa Raj in the follow-up to the Telugu blockbuster from 2021. Rashmika portrays Srivalli, his wife.Tickets for Pushpa 2's December 4 launch are available at select theaters for ₹944 (GST included). The film has surpassed previous marks set by Kalki 2898 AD, Bahubali 2, and KGF 2 to become the fastest film to sell one million tickets on the platform, according to online ticketing portal BookMyShow.Like many recent south-bound films that have shattered records in the Hindi-speaking belt, the movie is expected to gross over ₹60 crore on its first day in the north. The excitement generated by the trailer launch in Patna was just a taste of the excitement that will surround its release.  

Published 05 Dec 2024 08:22 PM

Did artificial intelligence sap Coca-Cola's Christmas cheer?

Did artificial intelligence sap Coca-Cola's Christmas cheer?

Social media users reacted negatively to Coca-Cola's recent AI-generated Christmas advertisements. Many contend that the intended Christmas spirit was overshadowed by the campaign's lack of emotional connection and appropriate execution. Although the advertising' technology was impressive, the narrative fell short of the success of Coca-Cola's seminal 1995 commercial. We sought the opinions of prominent figures in Indian advertising.Social media users made fun of Coca-Cola's AI-generated Christmas advertisements when they were published last month. Some users felt that the magic had been lost in the advertisements, which were meant to honor the brand's famous Coca-Cola Christmas commercials from 1995, "Holidays Are Coming." Experts in the field offer their opinions on whether the recent internet backlash against the cola giant's advertisements is the result of bad execution or AI failure.The CCO of DDB Mudra Group, Rahul Mathew "I believe that a campaign's ambition is what makes it successful. You won't be content until you achieve your goal of being the most talked-about campaign. On the other hand, you will be content that you are out there if your goal is simply to be there. I believe the goal of the Coca-Cola commercial was just to be an AI execution. And rather than being a tale that appeals to everyone's Christmas spirit, that has turned into the commercial's narrative."Animation, CG, AI, and live action are all methods of execution. The customer does.  

Published 04 Dec 2024 10:14 PM

A new RBI governor has been appointed by Revenue Secretary Sanjay Malhotra.

A new RBI governor has been appointed by Revenue Secretary Sanjay Malhotra.

Sanjay Malhotra, a former Revenue Secretary, has been named Reserve Bank of India (RBI) Governor. According to a statement from the administration, he will assume leadership on Wednesday and serve for three years. Mr. Malhotra is an Indian Administrative Service (IAS) officer from the Rajasthan cadre, having been drafted in the 1990 batch. He received a master's degree in public policy from Princeton University in the United States and a bachelor's degree in computer science from the Indian Institute of Technology in Kanpur.In a career spanning over 33 years, Mr Malhotra has worked in several sectors including power, finance and taxation, information technology, mines etc.  

Published 09 Dec 2024 07:42 PM

The Chief Justice withdraws from legal arguments on the employment of poll workers.

The Chief Justice withdraws from legal arguments on the employment of poll workers.

Sanjiv Khanna, the Chief Justice of India, resigned on Tuesday from hearing arguments against the legality of the statute that removed him from the committee responsible for selecting the Chief Election Commissioner and other election commissioners.The Chief Justice, who shared the bench with Justice Sanjay Kumar, informed the petitioners' attorneys that he was unable to hear their plea. "List the matter before a bench of which I am not a part of," he stated.He said that the matter will be heard after the winter break and would be reallocated to a separate bench, excluding the Chief Justice. During that time, the Chief Justice also instructed the Center and other parties to submit answers to the petition.In their representation of the petitioners, senior advocate Gopal Sankaranarayanan and attorney Prashant Bhushan stated that the previous bench, which was led by Justice Khanna, who had not yet been promoted to the position of Chief Justice, had issued interim orders in the case back in March. Notably, the Chief Justice of India was not allowed to serve on the committee that appointed the chief election commissioner (CEC) and other election commissioners as a result of the Election Commissioners' Act, which was approved in December 2023. The Prime Minister, a Cabinet Minister, and the Leader of the Opposition currently make up the appointment panel.A number of individuals, notably the Association for Democratic Reforms and Congressman Jaya Thakur, contested the legality of Section 7 of the Chief Election Commissioner and other Election Commissioners Act, 2023, and requested a halt to its implementation. A different Supreme Court bench, consisting of Justices Sanjiv Khanna and Dipankar Datta, had earlier in March declined to halt the new law's implementation of the appointment of new Election Commissioners (ECs).  

Published 05 Dec 2024 08:52 PM

Election Commission ruling by the Supreme Court: When judicial activism shapes the law

Election Commission ruling by the Supreme Court: When judicial activism shapes the law

By adopting the Constituent Assembly's mantle in its March 2, 2023, ruling, the Supreme Court of India essentially rewrote some of the Constitution's clauses. The Court mandated that revised guidelines for the Election Commissioner's appointment be adhered to.According to these regulations, a committee made up of the Prime Minister, the Leader of the Opposition, and the Chief Justice of India must advise the appointment of the Election Commissioner. The Court defended this by saying that these regulations are necessary to address the "lacuna" in the laws governing this topic. However, it is clear that the Court has acted in flagrant contempt of the doctrine of the separation of powers if we examine the Court's reasoning and the laws pertaining to the appointment of Election Commissioners in greater detail.The Constitution itself, which aimed to create three institutional organs—the legislature, executive branch, and judiciary—is the source of the theory of separation of powers. The Constitution also outlined the roles of these three branches, with the legislature enacting laws, the executive branch enforcing them, and the judiciary rendering decisions. But the same Court that once acknowledged this theory as a component of the Constitution's "basic structure" has now reversed it.  

Published 03 Dec 2024 05:34 PM

Amitesh Jha of Flipkart is appointed CEO of Swiggy Instamart.

Amitesh Jha of Flipkart is appointed CEO of Swiggy Instamart.

With effect from September 4, 2024, Swiggy has named Amitesh Jha as the new CEO of Swiggy Instamart. Jha offers more than 20 years of expertise to the position, having previously worked with Flipkart.The on-demand meal delivery service Swiggy announced in a press release today, August 29, that Amitesh Jha has been named CEO of Swiggy Instamart. On September 4, 2024, Jha will take over as CEO of the fast commerce company.As competition intensifies in the rapid commerce space, Swiggy has made a move into larger e-commerce categories by appointing Flipkart veteran Amitesh Jha as the new CEO of Instamart.Amitesh Jha, a Flipkart veteran, was named CEO of Swiggy Instamart by IPO-bound Swiggy at a time when rapid commerce competitors are preparing for a fierce competition with e-commerce behemoths. The hiring of Jha reflects the desire of rapid commerce companies to expand beyond grocery by entering e-commerce markets that have historically been robust, such electronics, fashion, and clothing. According to his LinkedIn page, Jha, who has 14 years of experience at Flipkart, was most recently the Senior Vice President of Category and Marketplace, where he oversaw high-growth companies that accounted for 70% of transactions on the Walmart-owned e-commerce platform.Swiggy Group CEO Sriharsha Majety highlighted Jha's "extensive experience in leading core categories such as smartphones, general merchandise, fashion, and large appliances, as well as managing their logistics arm" when he explained why the former Flipkart executive was chosen to lead Instamart. Protecting Swiggy Instamart's market share, which UBS thinks is currently between 20 and 25 percent, compared to Bernstein's projections of 35 to 39 percent in 2023, is one of Jha's biggest problems. In addition to market leader Blinkit's steady rise, BigBasket's complete focus on speedy commerce and Zepto's charge, which is being supported by $1 billion in new funding, are the main causes of the assault.  

Published 02 Dec 2024 11:47 PM

At Cannes, did Urvashi Rautela's wardrobe malfunction? A viral video raises questions on the internet.

At Cannes, did Urvashi Rautela's wardrobe malfunction? A viral video raises questions on the internet.

During the 2025 Cannes Film Festival, Urvashi Rautela just had a "oops" moment. This is the response from the internet. At the 78th Cannes Film Festival, Urvashi Rautela is drawing attention with her daring dress choices and strong style. Urvashi attended the screening of the Brazilian film O Agente Secreto (L'Agent Secret / The Secret Agent) for the second time on Sunday. And for reasons she most likely did not anticipate, her red carpet appearance soon became the talk of the town.Urvashi Rautela is seen in a striking black gown in images and videos that are doing the rounds on the internet. However, neither the shine nor the silhouette attracted much notice on the internet. When she raised her arm to wave at the cameras, a noticeable hole appeared close to her underarm, and it was the actual "oops" moment. The wardrobe malfunction was quickly noticed by astute internet users, and social media was inundated with responses.Urvashi Rauteka's red carpet footage was posted on Instagram Stories by fashion commentator Diet Sabya, who said, "Dekho, gotta respect the hustle." I'm sorry for her, Bichari. It is essentially the kiss of death to walk the Cannes red carpet without any paparazzi. "Is that a hole there?????" was one of the comments on the video.  

Published 19 May 2025 05:33 PM

Tom Cruise's Mission: Impossible: Final Reckoning Receives a 5-Minute Standing Ovation at Cannes 2025. View Nighttime Photos

Tom Cruise's Mission: Impossible: Final Reckoning Receives a 5-Minute Standing Ovation at Cannes 2025. View Nighttime Photos

According to The Hollywood Reporter, Hollywood actor Tom Cruise arrived at the Cannes Film Festival in style on Wednesday night, thrilling fans as he made his way to the premiere of his new movie, "Mission: Impossible -- The Final Reckoning."Christopher McQuarrie, his longtime partner and director, accompanied the 61-year-old actor on the red carpet. The star was spotted signing autographs and taking photographs with admirers. When fans saw the actor, they were also seen waving posters and other items from Cruise's previous movies, such as Mission: Impossible II and The Last Samurai. According to The Hollywood Reporter, some even made a little homage to Cruise's Top Gun co-star Val Kilmer. This time, after its Wednesday debut at the Grand Theatre Lumiere, Tom Cruise's film earned a thunderous 5-minute standing ovation.It was seen that the Hollywood celebrity thanked the festival attendees. He reflected on his thirty years as the face of Mission: Impossible and remarked, "I'm very grateful to be a part of this franchise."The actor also gave the director, who has directed four of the franchise's movies, respect. Tom Cruise referred to the filmmaker as "absolutely brilliant," saying, "Every step of the way, what you've done, how you've expanded it, how you just went beyond our expectations." "I couldn't have imagined anything like this as a child, to be here in Cannes and have these moments," he remarked. "I'm really appreciative that I've been able to amuse you with this franchise for thirty years."  

Published 15 May 2025 03:33 PM

Day 10 of Pushpa 2 (Hindi) Trends in the Box Office: The biggest second Saturday in Hindi cinema history is achieved by the Allu Arjun film.

Day 10 of Pushpa 2 (Hindi) Trends in the Box Office: The biggest second Saturday in Hindi cinema history is achieved by the Allu Arjun film.

Pushpa 2: The Rule (Hindi), starring Allu Arjun, is an unstoppable force at the box office, setting yet another record on the second Saturday. Early trends indicate that the Sukumar-directed film hopes to earn between Rs 41.00 crore and Rs 43.00 crore on the tenth day, bringing its total earnings to Rs 458 crore. With a gross of Rs 33.00 crore, the Shraddha Kapoor and Rajkummar Rao-starring Stree 2 was the most grossing second Saturday in Hindi cinema history.The movement and momentum in the evening and night shows will determine if Pushpa 2 will even approach the Rs 45 crore milestone on the tenth day. If it succeeds, Pushpa 2's second Saturday will gross more than Stree 2's second Sunday (Rs 42 crore), which says a lot about the movie's dominance at the box office. Pushpa 2's second weekend could bring in close to Rs 115 crore, which would once again be the largest amount ever made.After surpassing the box office receipts of Animal, Bahubali 2, Pathaan, and Gadar 2 in just 13 days, the Allu Arjun flick is expected to surpass the Rs 500 crore mark on Sunday and rank as the third-biggest Hindi feature film ever by Tuesday. In order to become the most successful Hindi film ever and the first to ever reach the Rs 600 crore milestone, the movie will then be vying for the box office receipts of Jawan and Stree 2.  

Published 14 Dec 2024 08:54 PM

Day 6 global box office receipts for Pushpa 2 The Allu Arjun-Rashmika Mandanna film is the quickest Indian production to reach the Rs 1000 cr milestone.

Day 6 global box office receipts for Pushpa 2 The Allu Arjun-Rashmika Mandanna film is the quickest Indian production to reach the Rs 1000 cr milestone.

Day 6 box office collection for Pushpa 2: The Rule: The movie starring Rashmika Mandanna and Allu Arjun had a fantastic first weekend at the box office. Indeed, the movie saw a sharp decline in box office receipts on Monday as the week began, despite doing exceptionally well in the first four days. According to reports, Pushpa 2: The Rule made Rs 1000 crore today worldwide. The makers claim that Pushpa 2 is now the fastest Indian movie to join the exclusive membership.As of yet, Pushpa 2 has not made Rs 650 crores at the domestic box office. The Hindi box office receipts for Pushpa 2 were reported by trade analyst Taran Adarsh. The force of "PUSHPA 2" is unstoppable. Unflappable at the #BO, #Pushpa2 extends its winning streak. Its #Blockbuster reputation is cemented by the astounding weekday patterns on Monday and Tuesday. The movie should become the fastest to reach the ₹ 400 cr milestone today [Wednesday; Day 7], given its incredible hold on weekdays. Going forward, it is anticipated that #Pushpa2's outstanding performance in *Weekend 2* will be bolstered by the lack of new releases this Friday, paving the way for a grand entrance into the ₹ 500 cr Club. [First Week] Pushpa2 Sat: 74 cr, Fri: 59 cr, Thu: 72 crThe Telugu version of Pushpa 2 made Rs 11 crores on the sixth day. On Tuesday, the Tamil version brought in Rs 2.5 crores, Kannada brought in Rs 0.4 crores, while Malayalam only brought in Rs 0.5 crores. The action drama made over Rs 150 crores on its first day of release. Unexpectedly, the Telugu version of the movie showed a surge in occupancy. The Telugu version of the movie had an occupancy of 34.79 percent on Tuesday, compared to 25.87 percent on Monday. Additionally, the general occupancy of the Hindi version of Pushpa 2 increased. The occupancy increased to 38.76 percent on Tuesday from 24.83 percent on Monday.  

Published 11 Dec 2024 08:18 PM

Today's stock market: Asian stocks are divided as Wall Street emerges from its holiday-season slump

Today's stock market: Asian stocks are divided as Wall Street emerges from its holiday-season slump

HONG KONG (AP) — Following Wall Street's recovery from the holiday season blues, Asian stocks are uneven, with markets in China and Tokyo seeing declines.As Tokyo's market reopened following the lengthy customary holiday, the finance minister of Japan rang in the New Year, and employees wearing suits and kimonos applauded for good fortune in 2025.Katsunobu Kato, the finance minister, declared that the Japanese government would take action to assure economic growth driven by investment and salary rises. He also promised to "grasp signs of recovery" and make sure that "every single citizen can feel the improvement in their salaries."Much of Asia has been wary of possible changes under President-elect Donald Trump, who has pledged to drastically increase tariffs on imports from China and other nations, which might impede growth for a region that depends significantly on trade. After U.S. President Joe Biden turned down Nippon Steel's roughly $15 billion offer to buy Pittsburgh-based U.S. Steel Corp., the company was predicted to file a lawsuit. On Monday, Nippon Steel's stock dropped 0.7% in Tokyo. On Friday, U.S. Steel's stock fell 6.5%. Hong Kong's Hang Seng fell 0.5% to 19,654.82, while Tokyo's benchmark Nikkei 225 index fell 1.6% to 39,258.25. At 3,194.20, the Shanghai Composite index fell 0.5%.  

Published 06 Jan 2025 10:33 PM

FPIs Lower Paytm Stakes to Less Than 1%

FPIs Lower Paytm Stakes to Less Than 1%

OVERVIEW Tiger Pacific Master Fund owned 1.03% of the shares in the June quarter, UBS Principal Capital Asia owned 1.06%, and Societe Generale owned 1.98%. The company's total FPI ownership fell from 20.04% in the prior quarter to 16.77% in the September quarter. On the BSE, Paytm's shares closed Thursday's trading session 3.47% lower at INR 696.35.Tiger Pacific Master Fund, UBS Principal Capital Asia, and Societe Generale are among the foreign portfolio investors (FPIs) who have decreased their investments in Paytm.Paytm Datalabs_in-article-iconTiger Pacific Master Fund owned 1.03% of the shares in the June quarter, UBS Principal Capital Asia owned 1.06%, and Societe Generale owned 1.98%.These stakes dropped below 1% at the end of September, therefore they were not included in the most recent data that was made public.In the quarter that ended in September, the total FPI ownership in the business fell from 20.04% to 16.77%. Paytm has been contacted by Inc42 to provide feedback on the development. The response will be used to update the story.On the BSE, Paytm's shares closed Thursday's trading session 3.47% lower at INR 696.35.In the quarter that ended in September, the holdings of foreign portfolio investors (FPIs) Societe Generale, Tiger Pacific Master Fund, and UBS Principal Capital Asia in One 97 Communications fell below 1%. Due to general market weakness, Paytm's shares fell 3% intraday to a low of Rs 700 on the BSE.  

Published 17 Oct 2024 05:24 PM

F&O-banned stocks on July 15, 2024

F&O-banned stocks on July 15, 2024

On Monday, July 15, 2024, the National Stock Exchange (NSE) imposed a trading suspension on eleven equities in the futures and options (F&O) segment.These stocks were prohibited because their market-wide position limit (MWPL) exceeded 95%. These equities can still be traded in the cash market even though they are prohibited in the F&O segment.The list of securities subject to the F&O prohibition is updated on a regular basis by NSE. The following stocks are prohibited as of July 15:Aditya Birla Fashion and Retail Balrampur Chini Mills Bandhan Bank Chambal Fertilisers and Chemicals GMR Infra GNFC IEX India Cements Indus Towers Piramal Enterprises RBL BankDerivative contracts for these securities were included in the embargo period, according to the NSE, because they exceeded 95% of the MWPL. Clients and members may only trade in these assets' derivative contracts during this prohibition period in order to offset their positions and decrease their holdings. Any increase in available employment will be met with the proper legal and disciplinary measures. During the ban period, no new positions are allowed in the F&O contracts of stocks.  

Published 15 Jul 2024 05:57 PM

After a 20% gain in a month, will Wipro's stock reach its one-year highs again?

After a 20% gain in a month, will Wipro's stock reach its one-year highs again?

Wipro stock price: At Rs 530.70, the stock was last seen trading 3.07 percent higher. It has increased 19.54% at this pricing in the last month. The share price was down 2.82 percent from its 52-week high of Rs 546.10, which was reached on February 2 of this year, notwithstanding the aforementioned increase.Wipro Ltd.'s shares increased 4% on Monday to reach a high of Rs. 535.50. At Rs 530.70, the stock was last seen trading 3.07 percent higher. It has increased 19.54% at this pricing in the last month. The share price was down 2.82 percent from its 52-week high of Rs 546.10, which was reached on February 2 of this year, notwithstanding the aforementioned increase. "The relative value of IT equities appears advantageous when looking at it in the long run. Long-term investors may want to look into equities like Wipro," said WealthMills Securities Director of Equity Strategy Kranthi Bathini.Having said that, Bathini continued, "the upcoming quarterly results and guidance will be extremely crucial going forward." Support for the counter's technical configuration was visible in the Rs 500–490 area. Additionally, additional upside requires a firm close above Rs 545.Wipro has gained a lot of momentum after breaking beyond the Rs 500 barrier. On an intermediate perspective, the stock is ready to attempt the recent swing high of Rs 545. It would be important to keep an eye on the counter for a breakout above the indicated zone, as this might lead to significant traction in a similar amount of time. Any short-term hiccup is probably to be cushioned on the lower end by Rs 500–490, according to Osho Krishan, Senior Research Analyst, Technical & Derivatives at Angel One.  

Published 01 Jul 2024 05:30 PM

The message of Maharashtra's unexpected and historic victory is for Viksit Bharat Sitharaman Nirmala

The message of Maharashtra's unexpected and historic victory is for Viksit Bharat Sitharaman Nirmala

Union Finance Minister Nirmala Sitharaman described the victory of the BJP-led Mahayuti alliance as "unexpected and unprecedented," saying that the Maharashtra elections were not your typical assembly elections and that the result sent a strong message for "Viksit Bharat."Additionally, the Union Minister congratulated Devendra Fadnavis on his election as the Maharashtra BJP legislative party's leader."I congratulate all elected MLAs," Sitharaman stated at the legislative party gathering. I congratulate Devendra Fadnavis on his election as the legislative party's leader. The 14 crore votes cast in this election send a message to the entire country of India. This election was not your typical assembly election. Following the Lok Sabha elections, the country's voters clearly gave their consent in the elections of Haryana and Maharashtra. Maharashtra's unexpected and historic triumph.Sitharaman went on to say that Maharashtra's next "double-engine" administration will be more effective in all areas, including AI technology, industry, farmers, investment, and regional development. "I think that the uncertainty brought about by the previous governments, which were led by the Congress and coalition, exhausted the people of Maharashtra and the country. Under the PM's direction, the double engine government will seek to advance while meeting the PR.  

Published 05 Dec 2024 08:33 PM

The Union Budget 2024 may see the government loosen the 45-day payment restriction for MSMEs.

The Union Budget 2024 may see the government loosen the 45-day payment restriction for MSMEs.

According to insiders, the government may decide to loosen the rule requiring MSMEs to be paid for goods and services within 45 days of the purchase in order to deter big corporations from exploring alternative sources of funding This could be announced in the budget, which is expected to be delivered on July 23.Overview. The government is thinking about easing the 45-day payment deadline for MSMEs in an effort to keep big businesses from looking for alternative suppliers. It is possible that this modification to Section 43B(h) of the Income Tax Act would be disclosed in the forthcoming July 23 Budget. As per the Finance Act 2023's introduction of Section 43B(h) of the Income Tax Act, a larger company may face greater taxes if it fails to pay an MSME within the stipulated timeframe of 45 days for written agreements. This is because the firm cannot deduct the payment from its taxable income.The amendment was introduced to allow MSMEs to receive payments on time, but many of them expressed fear, according to sources. They said they were afraid that large corporations might ask their vendors to give up their MSME registration in order to do business with them, or they might shift their sourcing requirements to larger firms in an effort to protect their interests.  

Published 09 Jul 2024 06:19 PM

2024 Budget Why this July, in July, Nirmala Sitharaman will release the budget

2024 Budget Why this July, in July, Nirmala Sitharaman will release the budget

Nirmala Sitharaman would thus become the first finance minister to introduce seven Union Budgets in a row.The Union Budget 2024 for the fiscal year 2024–25 is anticipated to be presented by Finance Minister Nirmala Sitharaman in the second part of July. By doing this, she will beat Morarji Desai, who presented six consecutive Budgets, to become the first Finance Minister to present seven successive Union Budgets. The most comprehensive report of the central government's finances, the budget estimates the government's revenue and expenditures and includes information on all sources of revenue as well as government-incurred costs.In recent years, February 1 has been the day for the presentation of the Union Budget. On February 1st of this year, Nirmala Sitharaman presented the Interim Budget for FY24, given that it was an election year. This year's Lok Sabha elections saw the BJP-led National Democratic Alliance (NDA) defeat the opposition's INDIA alliance for the third time in a row. As a result, Nirmala Sitharaman will give the Union Budget in its entirety the following month.The 18th Lok Sabha's first session, which convened on June 24, is now in progress. The session, which ends on July 1, has already seen the swearing-in of new members and a joint sitting of the Rajya Sabha and Lok Sabha on June 27 during which President Droupadi Murmu delivered a speech.  

Published 01 Jul 2024 06:26 PM

Road safety and enforcement checkpoints will be erected; the MP government eliminates transport checkposts at interstate boundaries.

Road safety and enforcement checkpoints will be erected; the MP government eliminates transport checkposts at interstate boundaries.

The government of Madhya Pradesh is going to establish new road safety and enforcement checking stations and has eliminated the transport check posts at interstate borders. There will be 45 checking points set up initially, and until these points are operational, enforcement will be temporarily handled by mobile forces. Home guards, enforcement officers, and district transport office officials will make up these mobile units. With effect from today, the Madhya Pradesh government eliminated the transport checkpoints at the state's interstate borders and announced the establishment of new road safety and enforcement checkpoints.In the first phase of the state under the new system, 45 checking points will be implemented. In the interim, before the new checkpoints are prepared, mobile units made up of house guards, district transport office employees, and enforcement personnel will be established.In a video conference meeting with officials on Sunday at CM House, Chief Minister Mohan Yadav gave orders for district-level administrative and police personnel to assist the Transport Department in implementing the new system.  

Published 12 Aug 2024 10:23 AM

Is the 'Caveman Skincare Routine' a hoax in terms of hygiene?

Is the 'Caveman Skincare Routine' a hoax in terms of hygiene?

I'm a regular TikTok scroller (the four hours of screen time a day speaks for itself), and I've seen a ton of beauty films, from popular trends to amazing hacks that would put a Victorian kid in a coma. The caveman skincare method, however, may just take the biscuit—or perhaps I should say water—as the most talked-about topic on SkinTok lately.The 'Caveman Skincare Method' is the skincare regimen that TikTok creator Tia Zakher has lately described in a number of videos on the platform. "After 8 years of picking and over-exfoliating, I'm healing my skin barrier by doing the one thing I never tried before... absolutely nothing," Tia explains in a video that has received 9.7 million views. In other words, she has stopped using water in addition to all skincare products (I'm referring about moisturizer, exfoliant, and cleanser). Tia responded to Cosmopolitan UK's inquiry on why she chose to utilize the caveman skincare method by saying, "I decided to do it because I wanted to try a different approach and I do think it's working for me."  

Published 28 May 2025 07:49 PM

According to Instagram, rubbing raw ginger can help clear up acne. Are dermatologists in agreement?

According to Instagram, rubbing raw ginger can help clear up acne. Are dermatologists in agreement?

Another day, another Instagram beauty tip that has gone viral. You surely have a feed full of skincare tips on how to treat acne if you have it, like I do. Social media is using natural components from your kitchen, such as flax seeds for "botox" and raw garlic. This time, raw ginger is the focus, as influencers assert that applying it topically can help eradicate acne. It seems like a simple solution to acne, doesn't it?Innumerable videos of Indian skinfluencers with radiant skin can be found online these days, stating that the key isn't pricey facials but rather applying raw ginger directly to acne outbreaks to treat them right away. But is this spicy suggestion really supported by any science?To find out if this pattern is reliable, let's take a closer look and get some professional guidance.What are the opinions of experts? First, let's get this out of the way. Anything is not necessarily beneficial to your skin just because it is natural. particularly when used undiluted and raw. Senior consultant dermatologist Dr. Gulhima Arora of Mehektagul Dermaclinic states that ginger has only been indirectly shown to be effective in treating acne in scientific studies. It shouldn't be regarded as the primary or first line of treatment. She emphasizes that acne is a complex condition and that not all of its triggers can be addressed by a single spice.Dermatologist and Kaya Limited medical advisor Dr. Saranya B concurs, saying that using raw ginger to the face is not a clinically validated method of treating acne. Despite its antibacterial and anti-inflammatory qualities, direct application may irritate skin. According to Skin Smart Solutions' founder and principal dermatologist, Dr. Bindu Sthalekar, "there is no scientific proof that applying raw ginger topically treats acne." Theoretically, it might be beneficial, but only if taken in conjunction with other drugs and with good tolerance.  

Published 17 Apr 2025 08:57 PM

How to get ready for a multilingual child

How to get ready for a multilingual child

You can do a lot to set the stage for your child to learn the languages you want them to know before they are born.For every new parent, expecting a child—especially their first—is a lot. Where the baby will sleep, how to arrange for feeding, changing, and bathing, and how to set up your work schedule so that you or another caregiver can spend time with the child are just a few of the many unknowns and preparations that need to be made. If you are able to speak multiple languages, you might want your child to be able to speak them as well.Although this isn't always the case, many people in the English-speaking world know very little about any other language. Nearly 60% of EU citizens between the ages of 25 and 64 are "good" or "proficient" in at least one language other than their first. Many youngsters can anticipate having several first languages as they are born into households where multiple languages are spoken on a regular basis. It's possible that your parents speak various first languages or that you were raised speaking multiple first languages. Neither parent's first language may be the one spoken by the majority of people outside the family.You can do a lot to set the stage for your child to learn the languages you want them to know before they are born. Parents might talk about the language skills they hope their child will acquire. Which language or languages should your child learn as their first language from the beginning? Generally speaking, the original language or languages are more developed than subsequent languages. If more than three or four languages are involved, you might have to prioritize due to practical constraints. Making sure the child receives adequate, consistent exposure to and contact with each language they are learning is crucial. Parents frequently desire to engage with their infant in the  

Published 03 Jan 2025 09:02 PM

Indian-American Miss India USA 2024, born in Chennai

Indian-American Miss India USA 2024, born in Chennai

Caitlin Sandra Neil, an Indian American girl from Chennai, won the title of Miss India USA 2024 at the yearly contest in New Jersey.Ms. Caitlin, 19, is a University of California, Davis second-year student. "I want to leave a positive lasting impact on my community and focus on women's empowerment and literacy," Caitlin was quoted as saying in a press statement.Ms. Caitlin was born in Chennai, India, and has spent the previous 14 years in the United States. She aspires to work as a web designer in addition to modeling and acting.In the pageant run by the India Festival Committee (IFC), Sanskriti Sharma from Illinois was named Mrs. India USA, and Arshita Kathpalia from Washington was crowned Miss Teen India USA. Caitlin Sandra Neil and Sanskriti Sharma were crowned Miss India USA 2023 by Rijul Maini and Mrs. India USA 2023 by Sneha Nambiar. In the Miss India USA contest, Manini Patel of New Jersey and Nirali Desia of Illinois were crowned first and second runners-up, respectively. In the Mrs. India USA contest, Virginia's Sapna Mishra and Connecticut's Chinmayee Ayachit were crowned first and second runner-up, respectively. According to the press release, Sonali Sharma and Dhriti Patel of Rhode Island were named the teen category's first and second runners-up, respectively. Twenty-five states sent forty-seven participants to compete in the pageant's three divisions.  

Published 21 Dec 2024 03:41 PM

BCCI vice-prez Rajeev Shukla says the IPL 2025 will start on March 23. The Champions Trophy squad announcement date has been announced.

BCCI vice-prez Rajeev Shukla says the IPL 2025 will start on March 23. The Champions Trophy squad announcement date has been announced.

Rajeev Shukla said the IPL 2025 starts on March 23 and disclosed the date for India's Champions Trophy team release.Vice-president Rajeev Shukla of the Board of Control for Cricket in India (BCCI) has confirmed that the much-anticipated Indian Premier League (IPL) 2025 would begin on March 23. Shukla disclosed the tournament's start date to the media on Sunday after the BCCI general meeting.Important decisions pertaining to the management of Indian cricket were taken at the BCCI meeting on January 12 in addition to the announcement of the IPL's start date. According to Shukla, Prabhtej Singh Bhatia has been elected as the BCCI treasurer, while Devajit Saikia will take Jay Shah's place as the organization's new secretary. He added that the 2025 Women's Premier League (WPL) venues will be revealed soon, and that the Champions Trophy teams meeting will be held between January 18 and 19. However, there have been differing claims regarding the IPL's start date. According to ESPNCricinfo, the competition will really commence on March 21. According to a BCCI insider cited by PTI, the competition would start on "March 20 or 21."Gautam Gambhir and Indian captain Rohit Sharma attended the review meeting on Saturday in response to India's dismal showing in the Border-Gavaskar Trophy, where the team lost 1-3 to Australia. Another 0–3 clean-sweep loss to New Zealand at home came before the series. "The Border Gavaskar Trophy performance, what went wrong, and the necessary course adjustment were all covered in depth. However, do not anticipate a hasty decision from the new BCCI administration," a source familiar with Board events told PTI under anonymity.  

Published 13 Jan 2025 09:45 PM

The 'Made of Bold' sports development initiative is launched by RCB.

The 'Made of Bold' sports development initiative is launched by RCB.

RCB's "Made of Bold Sports Development Programme" was started with the goal of identifying and developing athletes from all over the world.To find talent and develop athletes from all over the world, the Royal Challengers Bengaluru (RCB) started the "Made of Bold Sports Development Programme."On Thursday, the RCB issued a statement that read, "With a vision to unearth talent and nurture athletic champions from across regions, the Royal Challengers Bengaluru (RCB) are elated to announce the Made of Bold Sports Development Programme launch.""RCB's larger goal of creating a Sports Forward Nation, which aims to create a strong and sustainable sports ecosystem for India, includes the Made of Bold program as a key component. In order to promote active sports growth in the nation, this initiative seeks to find and develop athletes as well as start a conversation among important industry players," Rajesh Menon, Vice President and Head of RCB, stated in a news release. "We firmly think that when communities and sports come together, everyone benefits in the long run. This is for the socioeconomic impact on the neighborhood as well as for the talent that has been found and developed. With an emphasis on using sports as a bridge to underprivileged areas, we hope to accomplish this through RCB's Made of Bold Sports Development Programme in support of long-term development," he continued.Shreyanka Patil, the star cricket player for the Royal Challengers Bangalore (RCB), spoke on the program, saying, "I am very excited to see the 'RCB's Made of Bold Sports Development Programme' begin. Creating inclusivity and providing a platform for athletes and their communities to flourish is exactly what we Indian athletes need. This program is a good start for India, a huge country with a lot of unrealized sporting potential.  

Published 21 Dec 2024 03:44 PM

In a live interview, Jasprit Bumrah gives Sanjana Ganesan a hug the video goes viral online.

In a live interview, Jasprit Bumrah gives Sanjana Ganesan a hug the video goes viral online.

In addition, Jasprit Bumrah won Player of the Tournament with 15 wickets in eight games.After Team India won the T20 World Cup 2024, the hurts from their failure in the ODI World Cup 2023 final were salted on Saturday. In the last game, Team India defeated South Africa by a margin of seven runs, led by captain Rohit Sharma. India played brilliantly and were undefeated throughout the competition. One of the main factors in India's triumph at the major tournament was pacer Jasprit Bumrah, who drove his side to victory in numerous games with his amazing spells.Bumrah Jasprit gives Sanjana Ganesan a hug. Video Breaks the Internet During a Live InterviewIn addition, Jasprit Bumrah won Player of the Tournament with 15 wickets in eight games.Sports Desk on NDTVUpdated at 02:19 PM IST on July 01, 2024Two minutes to read In a live interview, Jasprit Bumrah gives Sanjana Ganesan a hug; the video goes viral online. Sanjana Ganesan and Jasprit Bumrah together© X (Twitter) After Team India won the T20 World Cup 2024, the hurts from their failure in the ODI World Cup 2023 final were salted on Saturday. In the last game, Team India defeated South Africa by a margin of seven runs, led by captain Rohit Sharma. India played brilliantly and were undefeated throughout the competition. One of the main factors contributing to India's victory in the majorThe fans were astonished by the top pacer's performance. Such "couple goals" moments are what Bumrah and Sanjana are renowned for providing their fans with. In eight matches, Bumrah took 15 wickets and won Player of the Tournament. He was instrumental in India's triumph over the Proteas in the summit confrontation. You can only listen to the newest music on JioSaavn.com. "Normally, I'm the one who makes an effort to control my emotions so that I can concentrate on my work, but right now, my emotions are taking control and I'm running out of words. After a game, I don't normally cry, but this one feels very meaningful. We thought we were in trouble halfway through, but to pull off a victory like this is  

Published 01 Jul 2024 05:26 PM

Shah Rukh Khan declared he would give a  flying kiss  to celebrate winning the IPL. Rana Harshit

Shah Rukh Khan declared he would give a flying kiss to celebrate winning the IPL. Rana Harshit

Rana was instrumental in the Kolkata Knight Riders' IPL victory, taking 19 wickets in 13 matches. The Delhi speedster's aim is to play for India after his breakout IPL season.The Kolkata Knight Riders (KKR) team ran on the engine of Harshit Rana, who went on to win the championship three times. Harshit, the uncapped Indian bowler, came through for his team during the first half of the IPL when Mitchell Starc was having trouble keeping his rhythm. In 13 games, he claimed 19 wickets. After being interviewed by The Indian Express, Harshit, 22, talks about his experience in the IPL, what Shah Rukh Khan promised him, why he began playing cricket, and his future aspirations.  

Published 12 Aug 2024 10:24 AM

The PM claims that concentrating only on commerce in the South Pacific won't help New Zealand

The PM claims that concentrating only on commerce in the South Pacific won't help New Zealand "get rich."

Important Points The most recent nation to enter into an economic alliance with the United Arab Emirates is New Zealand. The prime minister of New Zealand told CNBC that in order to find economic prospects, the South Pacific island nation must go outside of its immediate area. Prime Minister Christopher Luxon sees an opportunity to increase bilateral trade between the UAE and New Zealand through the free trade agreement inked on Monday.As the South Pacific island nation forges an economic alliance with the United Arab Emirates (UAE), the prime minister of New Zealand told CNBC that the nation must search for trade prospects outside of its immediate borders. Prime Minister Christopher Luxon views the free trade agreement, officially known as the Comprehensive Economic Partnership Agreement (CEPA), as an opportunity to increase bilateral trade between the two nations and positions the United Arab Emirates as one of the Middle East's biggest marketplaces.Luxon told CNBC Monday, "We have a long-standing relationship that dates back more than 40 years of diplomatic recognition, and the opportunity now is to deepen and broaden the economic relationship. "The signing of the CEPA and the bilateral investment treaty is crucial because, in reality, these two small, developed economies share many values and similarities, and we hope to be able to collaborate and strengthen our relationship.  

Published 15 Jan 2025 07:59 PM

As the nation commemorates the centennial of Vajpayee's birth, his legacy endures.

As the nation commemorates the centennial of Vajpayee's birth, his legacy endures.

The centennial of Atal Bihari Vajpayee honors his important political accomplishments to India. He served a full term as India's first prime minister who was not a member of the Congress. Vajpayee continues to play an admirable role in Indo-Pakistan ties, coalition politics, and effective administration. He was a great statesman and orator who had a long-lasting effect on national policy and parliamentary democracy in India.Using his trademark flourish, Atal Bihari Vajpayee made one of his most well-known predictions during the BJP's first convention at Shivaji Park in Mumbai on December 30, 1980: "Andhera chhatega, suraj niklega, kamal khilega" (darkness will end, the sun will rise, lotus will bloom). His remarks have held up well as the centennial of his birth approaches, with lotuses in full bloom and the BJP regaining control of the center for a third consecutive term.Vajpayee assisted the BJP in gaining traction when its cultural goal was viewed as anathema, if Prime Minister Narendra Modi made it the focal point of national politics.In a world full of powerful satraps, India's first non-Congress prime minister to serve a full term was a statesman politician and an unmatched orator who garnered admiration and respect from people on both sides of the political spectrum. He stood tall with his natural democratic spirit, which he had developed over decades of opposition.  

Published 24 Dec 2024 10:43 PM

The message of Maharashtra's unexpected and historic victory is for Viksit Bharat Sitharaman Nirmala

The message of Maharashtra's unexpected and historic victory is for Viksit Bharat Sitharaman Nirmala

Union Finance Minister Nirmala Sitharaman described the victory of the BJP-led Mahayuti alliance as "unexpected and unprecedented," saying that the Maharashtra elections were not your typical assembly elections and that the result sent a strong message for "Viksit Bharat."Additionally, the Union Minister congratulated Devendra Fadnavis on his election as the Maharashtra BJP legislative party's leader."I congratulate all elected MLAs," Sitharaman stated at the legislative party gathering. I congratulate Devendra Fadnavis on his election as the legislative party's leader. The 14 crore votes cast in this election send a message to the entire country of India. This election was not your typical assembly election. Following the Lok Sabha elections, the country's voters clearly gave their consent in the elections of Haryana and Maharashtra. Maharashtra's unexpected and historic triumph.Sitharaman went on to say that Maharashtra's next "double-engine" administration will be more effective in all areas, including AI technology, industry, farmers, investment, and regional development. "I think that the uncertainty brought about by the previous governments, which were led by the Congress and coalition, exhausted the people of Maharashtra and the country. Under the PM's direction, the double engine government will seek to advance while meeting the PR.  

Published 05 Dec 2024 08:33 PM

Election 2024 Live  By 1 pm, voter turnout in Maharashtra was 32.18%, while in Jharkhand, it was 47.92%.

Election 2024 Live By 1 pm, voter turnout in Maharashtra was 32.18%, while in Jharkhand, it was 47.92%.

Election 2024 Live: On Wednesday, by-elections are being held for 15 assembly seats in Uttar Pradesh, Punjab, Kerala, and Uttarakhand in addition to the Maharashtra and Jharkhand legislative assembly elections.Election 2024 Live: On Wednesday, November 20, Maharashtra and Jharkhand will hold assembly elections. All 288 seats in the Legislative Assembly of Maharashtra are up for election in a single phase. But in Jharkhand, where voting for 43 constituencies was held on November 13 with a 64.86 percent voter turnout, polling is being held for the remaining 38 seats. has been is now being is just being is really being is still being is already being is also being has been being is always being is only being was already being will be can be itself is must be would be also is could be may be might be had been is should be being was then is then is now is mostly is really is always is again is sometimes is also is already is further is just is either is first is often gets is only is still is even has already beenBy-elections for 15 assembly seats in Uttar Pradesh, Punjab, Kerala, and Uttarakhand are also taking place on Wednesday in addition to the legislative assembly elections in these two states. Voting in Maharashtra's 288 constituencies began at 7 a.m. and will end at 6 p.m. There are 9,64,85,765 registered voters in Maharashtra, including 1,16,355 service voters. In the entire state, 1,00,186 polling places have been set up by the Election Commission of India (ECI).Since the most recent assembly elections, Maharashtra's political climate has undergone substantial changes. Former allies the BJP and Shiv Sena ran against the Congress and the NCP, led by Sharad Pawar. The Congress, NCP, and Shiv Sena formed the Maha Vikas Aghadi (MVA) coalition after the BJP-Shiv Sena alliance broke up due to disagreements over the chief minister's responsibilities. In contrast, polling in Jharkhand started at 7 am at 14,218 polling places and will run until 5 pm, with the exception of 31 booths, which will close at 4 pm.  

Published 20 Nov 2024 04:53 PM

Events

Gadgets Trend

All Trending News in Asia

Tata Sons to sell 23.4 mn TCS shares worth Rs 9,362 crore in block deal

Tata Sons to sell 23.4 mn TCS shares worth Rs 9,362 crore in block deal

This marks the second significant block deal in the domestic markets this month, following British American Tobacco’s (BAT’s) sale of a 3.5 per cent stake in ITC on March 13 to raise Rs 17,485 crore ($2.1 billion).Tata Sons is set to divest a 0.65 per cent stake in its flagship Tata Consultancy Services (TCS) on Tuesday in the open market, according to a term sheet. It will offload 23.4 million shares at a floor price of Rs 4,001. The base price, which is 3.7 per cent lower than the TCS stock’s last close, will enable Tata Sons to raise Rs 9,362 crore ($1.13 billion). JP Morgan and Citi are the investment banks handling the share sale.TCS’ shares fell 1.8 per cent on Monday to close at Rs 4,144 apiece, giving the software exporter a valuation of Rs 15 trillion. Currently, Tata Sons holds a 72.38 per cent stake in TCS, valued at Rs 10.9 trillion. In December, Tata Sons raised nearly Rs 12,300 crore by tendering shares of TCS in its Rs 17,000 crore buyback. The buyback price was set at Rs 4,150 per share. Since 2017, Tata Sons has raised about Rs 54,000 crore by tendering shares in buyback. Over the past year, TCS shares have gained nearly 33 per cent, slightly outperforming the Nifty50 index, which has risen 30 per cent.Recently, Tata Sons has been in the news following brokerage reports suggesting that the holding company will need to list by September 2025 to comply with Reserve Bank of India (RBI) requirements. Tata Sons, registered as a core investment company, is classified as an “upper-layer” non-banking financial company (NBFC) by the central bank.A report by Spark PWM (formerly Spark Family Office and Investment Advisors) suggested that if listed, Tata Sons could command a market value between Rs 7 trillion and Rs 8 trillion. Tata Sons has used its dividend income to either write-off bad assets or to fund new ventures, such as e-commerce and its recent foray into the semiconductor sector. The Tata group is setting up the country's first semiconductor fabrication plant in Dholera (Gujarat), in partnership with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) with an investment of Rs 91,000 crore. Also, Tata Semiconductor Assembly and Test is establishing a chip assembly and testing unit in Morigaon (Assam) with an investment of Rs 27,000 crore.  

Published 21 Mar 2024 09:47 PM

Paytm Payments Bank: PPBL issues FAQ on refunds, balance of FASTag accounts after March 15

Paytm Payments Bank: PPBL issues FAQ on refunds, balance of FASTag accounts after March 15

March 15 is the last day after which customers won't be able to top up or add to their balance. The Reserve Bank of India has said that the customers can continue to use their current balance for toll payments even after March 15. Paytm Payments Bank Ltd (PPBL) on March 15 issued an FAQ for its customers on how to get a refund of security and minimum balance of FASTag accounts. March 15 is the last day after which customers won't be able to top up or add to their balance. The Reserve Bank of India has said that the customers can continue to use their current balance for toll payments even after March 15. The Paytm Payments Bank FAQ has also said the same thing. According to the FAQ, customers can continue to use FASTag to pay at enabled toll and parking merchants up to the available balance in their wallet. "The Reserve Bank of India (RBI) has issued a directive restricting Paytm Payments Bank from accepting new deposits or allowing credit transactions after March 15, 2024. However, you can continue to use your FASTag to pay at enabled toll and parking merchants’ up to the available balance in your wallet. Additionally, no further funding or top ups will be allowed in the FASTags issued by Paytm Payments Bank after March 15, 2024. It is suggested that you procure a new FASTag issued by another bank before March 15, 2024 to avoid any inconvenience. The directive does not impact your existing balances and your money is safe with our Bank."On January 31, the central bank barred Paytm Payments Bank from accepting fresh deposits or top-ups. Initially, it had fixed the deadline for February 29, 2024. Later, the deadline was extended by 15 days to March 15, 2024. The bank added that the customers cannot add fresh funds or top-ups in the FASTags issued by Paytm Payments Bank after March 15. The RBI had published a set of Frequently Asked Questions (FAQs), mentioning the alterations in services and what customers should be cognisant of post the stipulated date. Here's a quick look at services will continue and those which won't after March 15. Regarding FASTag accounts, the RBI said: "You can continue to use your FASTag to pay toll upto the available balance. However, no further funding or top ups will be allowed in the FASTags issued by Paytm Payments Bank after March 15, 2024."On FASTag recharge, RBI said: "No. After March 15, 2024 you will not be able to top-up or recharge your FASTag issued by Paytm Payments Bank."  

Published 21 Mar 2024 09:47 PM

Sensex bounces 335 pts, Nifty ends at 22,146.65; Adani Enterprises soars over 6%

Sensex bounces 335 pts, Nifty ends at 22,146.65; Adani Enterprises soars over 6%

In the barometer index, the S&P BSE Sensex gained 335.39 points or 0.46% to 73,097.28. The Nifty 50 index added 148.95 points or 0.68% to 22,146.65.The domestic stock market rebounded on Thursday, fueled by buying across most sectors. The Nifty 50 ended near 22,150, recovering from an intraday low of 21,917.50. Expiring weekly index options on the NSE caused volatile trading. Oil & gas, metals, and media stocks saw strong demand, while banks and financials dipped. However, analysts warn of potential overvaluation in some mid-and small-cap stocks. This comes after market regulator Sebi raised concerns about "frothy" valuations in these segments and urged mutual funds to moderate their investments. The stress test results from these mutual funds are due on March 15th. Adani Enterprises (up 6.29%), Adani Ports & SEZ (up 5%) and Infosys (up 2.53%) boosted the indices.The broader market rallied. The S&P BSE Mid-Cap index jumped 2.28% and the S&P BSE Small-Cap surged 3.11%.The market breadth was strong. On the BSE, 2679 shares rose and 1197 shares fell. A total of 82 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 5.61% to 13.62.Fitch Ratings raised India's GDP growth forecast for the next fiscal year (FY25) to 7% from their previous estimate of 6.5%. They expect the strong economic growth to continue. The rating agency also expects a reduction in interest rates by the Reserve Bank of India (RBI) and a decline in inflation by the end of 2024. Meanwhile, India's wholesale price inflation fell to a four-month low of 0.20% in February, compared to 0.27% in January. This is the first time inflation has been positive since October 2023. The increase is mainly due to rising prices of food, crude oil, and manufactured goods. The yield on India's 10-year benchmark federal paper rose 0.07% to 7.044 as compared with the previous close of 7.039. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 82.8225, compared with its close of 82.8100 during the previous trading session.  

Published 21 Mar 2024 09:46 PM

Sensex sheds 906 pts, Nifty slips below 22k amidst turmoil in small-, mid-cap segments

Sensex sheds 906 pts, Nifty slips below 22k amidst turmoil in small-, mid-cap segments

Sensex, Nifty updates on 13 March 2024: Stock markets experienced significant turmoil, with the BSE Sensex declining 906.07 points, or 1.23%, to 72,761.89 and the NSE Nifty falling 338 points, or 1.51%, to 21,997.70. On the BSE, number of stocks hitting lower circuit reached 1,087 against 118 stocks that hit upper circuit. Market breadth was negative, with 3,521 stocks declining, 404 advancing, and 60 remaining unchanged. Among the sectoral indices, Nifty realty, metal, and media declined over 6% each. Nifty Smallcap 100 declined 5.28%, while Nifty Midcap 100 was down by 4.40%. Concerns about excessive valuations in mid- and small-cap segments prompted mutual funds to halt lump sum investments in these categories. Market experts emphasised caution, given the volatility in these segments. They also highlighted the potential for further declines. Within the Sensex pack, ITC, ICICI Bank, Kotak Mahindra Bank, Nestle India, Bajaj Finance and HDFC Bank were the only gainers. On the other hand, Power Grid Corporation was the major laggard with a 7.28% erosion in share value.Stock Market| Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 13 March 2024.  

Published 21 Mar 2024 09:45 PM

 US stocks fall as investors brace for Fed decision

 US stocks fall as investors brace for Fed decision

US stocks fell slightly on Wednesday as investors braced for the outcome of the Federal Reserve’s policy meeting.Fed policymakers will conclude their two-day meeting later in the day. At 9:49 a.m. ET, the Dow Jones Industrial Average was down 20.12 points, or 0.05 per cent, at 39,090.64, the S&P 500 was down 4.55 points, or 0.09 per cent, at 5,173.96, and the Nasdaq Composite was down 32.36 points, or 0.20 per cent, at 16,134.43. At the opening bell, the Dow Jones Industrial Average fell 38.71 points, or 0.10 per cent, to 39,072.05. The S&P 500 opened higher by 3.18 points, or 0.06 per cent, at 5,181.69, while the Nasdaq Composite gained 18.97 points, or 0.12 per cent, to 16,185.76. Shares of Tesla gained 0.3 per cent, Chipotle surged 6.2 per cent, and Intel rose 1.2 per cent, The Treasury yields were steady in the bond market. The  US dollar gained for a fifth straight session on Wednesday, rising 0.5 per cent. European stock markets mostly dropped ob Wednesday. Britain’s FTSE 100 edged down 0.2 per cent at 7,724.13 points. France’s CAC 40 fell 0.5 per cent at 8,156.48. Germany’s DAX rose 0.2 per cent at 18,021.17. Euro Stoxx 50 lost 0.1 per cent at 5,002.03.In Asian stock markets, China's Shanghai Composite gained 0.6 per cent at 3,079.69. Hong Kong’s Hang Seng Index added 0.1 per cent at 16,543.07. Brent crude futures for May were down 72 cents or 0.82 per cent at $86.66 a barrel by 1201 GMT. US West Texas Intermediate futures for April delivery, which expire on Wednesday, fell 84 cents or 1.01 per cent to $82.63. Gold prices drifted lower on Wednesday on the stronger US dollar. Spot gold dipped 0.2 per cent to $2,152.52 per ounce by 1335 GMT.  

Published 20 Mar 2024 09:52 PM

Indian fintechs have opened our minds to the power of QR payments, says Visa CEO Ryan McInerney

Indian fintechs have opened our minds to the power of QR payments, says Visa CEO Ryan McInerney

Unified Payments Interface (UPI) present itself as an opportunity and not merely as a competition, card network major Visa Inc. CEO Ryan McInerney said, emphasising the potential for collaboration and growth within India's dynamic fintech landscape.In his first trip to India after assuming CEO’s role in November 2022, McInerney was blown away by the country's digital payment scene, especially by UPI, QR codes and soundboxes, hailing the country’s digital payments innovations as transformative forces. “What happened with UPI in India is nothing short of remarkable," remarked McInerney. "We see it (UPI) as an opportunity for Visa...to help build on the financial inclusion that has happened as a result of UPI, work with banks to create new credit products, and empower consumers financially helping them to grow up the credit ladder and build wealth,” he said during a fireside chat at News18 Rising Bharat Summit 2024.Ryan's optimism extended to the widespread adoption of QR payments in India, attributing inspiration to local fintech innovation. "Indian fintechs have opened up our mind to the power of QR payments," he stated. "We're looking at other markets where QR might be the form factor that users prefer...and that very much came from the inspiration of what we've seen happen here in India." In FY23, Visa network enabled $15 trillion in payments volumes and 276 billion transactions operating across 200 countries. India is among the  key strategic market for Visa. Outside of their home base in US, India is the second largest employee base for the card network giant.  

Published 20 Mar 2024 09:52 PM

Ruchit Jain of 5paisa recommends buying Tata Steel and Pidilite Industries for tomorrow

Ruchit Jain of 5paisa recommends buying Tata Steel and Pidilite Industries for tomorrow

Domestic benchmark equity indices, the Sensex and the Nifty 50, ended Monday's trading session on a positive note with modest gains led by metal stocks on the back drop of robust China data, news about Tata Steel block deals, and copper prices that were at a record high globally.The 30-share BSE Sensex ended higher by 104.99 points or 0.14% at 72,748.42 level while the Nifty 50 closed at 22,055.70 level, up 32.35 points or 0.15%. However, the stress test rule for mutual fund schemes for small and midcap stocks by the Securities and Exchange Board of India (SEBI) kept broader markets under pressure. The Nifty Midcap 100 closed 0.39% down while the Nifty SmallCap 100 closed 0.57% lower. Investors are currently awaiting Japan's central banks' and the US Federal Reserve's policy decisions going forward tomorrow.  This week's market direction will be determined by the US Federal Reserve, Bank of Japan, and Bank of England, among other global central banks, according to Vinod Nair, Head of Research at Geojit Financial Services. Short-term sentiment  should be mixed due to the US Federal Reserve's indication that a rate cut is likely to occur in the second half of 2024.Nifty 50 continued to consolidate within a narrow range in Monday’s sessions and ended the day above 22,050 with marginal gains, said Ruchit Jain, Lead Research Analyst at 5paisa. Post the sharp sell-off on last week’s Wednesday, Nifty has traded within a narrow range in the last three sessions. The index has given a breakdown from a Rising Wedge pattern during the sell-off, but the important 40 DEMA support is still intact, and the index has been hovering around this support since last three sessions. In the options segment, open interest addition was seen in 22,200 can 22,300 call options, while 22,000 put has decent open interest outstanding. Thus, the data as well as the chart structure indicate a near-term consolidation where 21,900 would be seen as an important support while 22,200 as the hurdle. Only a breakout beyond this range will lead to a near-term directional move. Traders should thus keep a close watch on the range and trade in the direction of the breakout once seen, advised Jain.  

Published 20 Mar 2024 09:51 PM

HDFC Bank, Tata, SBI, and others: Personal loans with lowest interest rates

HDFC Bank, Tata, SBI, and others: Personal loans with lowest interest rates

Personal loans offer a versatile financial solution that can cater to your needs, from consolidating high-interest debt to financing home improvements or even covering unexpected expenses. With generally lower interest rates compared to credit cards, they present an attractive option for many. PaisaBazaar has compiled a list of the most popular personal loan plans in India for 2024: For HDFC Bank, the interest rate starts from 10.50% per annum. For a loan amount of Rs 5 lakh over a tenure of 5 years, the EMI starts from Rs 10,747, and for Rs 1 lakh, it starts from Rs 2,149. The processing fee can go up to Rs 4,999. Tata Capital's interest rates begin at 10.99% per annum. The EMI for a Rs 5 lakh loan for 5 years starts from Rs 10,869, and for Rs 1 lakh, it starts from Rs 2,174. The processing fee can reach up to 5.5% of the loan amount. State Bank of India offers interest rates ranging from 11.15% to 15.30% per annum. The EMI for a Rs 5 lakh loan ranges from Rs 10,909 to Rs 11,974, and for Rs 1 lakh, it ranges from Rs 2,182 to Rs 2,395. The processing fee varies between 1.5%, with a minimum of Rs 1,000 and a maximum of Rs 15,000. ICICI Bank's interest rates start from 10.65% per annum. For a loan amount of Rs 5 lakh over 5 years, the EMI starts from Rs 10,784, and for Rs 1 lakh, it starts from Rs 2,157. The processing fee can go up to 2.50% of the loan amount. Bank of Baroda's interest rates vary between 11.05% and 18.75% per annum. The EMI for a Rs 5 lakh loan ranges from Rs 10,884 to Rs 12,902, and for Rs 1 lakh, from Rs 2,177 to Rs 2,580. The processing fee goes up to 2%, with a minimum of Rs 1,000 and a maximum of Rs 10,000.  

Published 20 Mar 2024 09:50 PM

SpiceJet finalises lease agreement for 10 aircraft to boost capacity

SpiceJet finalises lease agreement for 10 aircraft to boost capacity

Budget carrier SpiceJet on Thursday said it is planning to lease 10 aircraft to expand its fleet ahead of the busy summer season. In aviation, the summer schedule begins on the last Sunday in March and ends on the last Sunday in October.As on February 27, SpiceJet had a total of 33 operational aircraft and 22 grounded planes in its fleet, according to aviation analytics firm Cirium. The carrier is currently operating about 1,362 flights per week, which is 16 per cent fewer services than a year ago, Cirium's data stated. SpiceJet has been facing a cash crunch for the past several quarters. It is also dealing with multiple court cases regarding money owed to former owner Kalanithi Maran, financial services firm Credit Suisse, aircraft lessors, and engine lessors. On January 11, the beleaguered airline’s shareholders gave their approval to raise a total of Rs 2,241.5 crore through the issuance of equity and warrants -- Rs 1,591.5 crore by issuing equity to 58 entities and Rs 650 crore by issuing warrants on a preferential basis to five other entities. Aviation consultancy firm CAPA India had in December stated that SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant.On January 26, the first tranche of Rs 744 crore was infused in the airline. SpiceJet had on February 22 raised a second tranche of Rs 316 crore under the preferential issue of equity and warrants. SpiceJet’s Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia recently resigned from the airline. The carrier is cutting its workforce by about 15 per cent to reduce its costs.  

Published 20 Mar 2024 09:50 PM

Meta sees big opportunity in gaming industry: MD Sandhya Devanathan

Meta sees big opportunity in gaming industry: MD Sandhya Devanathan

While gaming is among the top three verticals for the company globally, in India, social media, Reels, and influencers are leading drivers for gamers to discover and purchase new games, as found in a study by GWI commissioned by Meta.Sandhya Devanathan, Meta’s India managing director, believes that the gaming industry in India will be an important contributor for the country to reach its aim to be an $8 trillion economy. “Gaming will be a big part of the digital economy. While we aim to be an $8 trillion economy, a trillion dollars of that is going to come from the digital economy. We will be looking at about 641 million gamers projected, which is a big chunk of our population,” said Devanathan. She was speaking at Meta’s inaugural gaming summit in Mumbai. Devanathan also added that the gaming ecosystem, along with its brands, will be worth around $7.5 billion. The industry can create around 250,000 jobs by 2025. “These are pretty massive stats. If we continue to see the kind of growth in the economy — branching out to gaming — we can potentially even look at gaming being export-oriented for us,” she said. With a booming gaming ecosystem in India, Devanathan said that Meta wants to support and be a part of this ecosystem. “There is a lot of conversation on where our investments go? Almost 81 per cent of our investments are focused on enabling people, creators, and businesses on our platforms,” she added. According to a study by GWI, an audience research company, 90 per cent of gamers who discover new games on social media do so through Meta, with Reels playing a leading role in discovery. Arun Srinivas, director and head (India), ads business, Meta, told Business Standard that India is home to the second most downloads of games. “India sees over 15 billion downloads of games, which is second to China and also the fastest-growing market in terms of users. Looking at the way the economy is growing, we see hundreds of millions of potential gamers coming into the ecosystem. We have been a leading platform of discovery in both the casual and real-money gaming segments,” he said.  

Published 20 Mar 2024 09:48 PM

TCS employees have 2 weeks to return to office or they will face strict action

TCS employees have 2 weeks to return to office or they will face strict action

Tata Consultancy Services (TCS) recently urged its employees to return to office premises by the end of March, and it seems that the time for the remaining people who haven't yet returned is almost over. Here are the details.Tata Consultancy Services (TCS) recently urged its employees to return to office premises by the end of March, and it seems that the time for the remaining people who haven't yet returned is almost over. An ET report from last month claimed that TCS had issued a final ultimatum to its employees with strict repercussions for non-compliance with the work-from-office policy. And the end of March is almost nearing with less than 2 weeks left. Renowned for its rigorous work culture, TCS has time and again talked about the benefits of in-person collaboration, aiming to restore pre-pandemic norms and phase out remote work arrangements. While many companies worldwide have embraced hybrid work models, TCS's decision to call back all the employees to office shows how important it is for the company to go back to the traditional office setups. According to reports, TCS recently granted employees an extension until the end of March, marking it as the definitive deadline for returning to office premises. Any further delays will not be tolerated, as affirmed by the company's Chief Operating Officer NG Subramaniam. Employees failing to adhere to the prescribed timeline will reportedly face severe consequences, reflecting TCS's firm stance on workplace presence. Subramaniam talked about the significance of work culture and security concerns as driving factors behind the decision, aiming to mitigate vulnerabilities associated with remote work, such as cyber threats. TCS reportedly expects reinstating an office-centric environment to improve employee interaction and organisational development, transitioning away from the hybrid work model adopted during the pandemic. TCS's decision aligns with its October 2023 move to end hybrid work policies, mandating employees to return to office premises five days a week. This shift came amid concerns over 'moonlighting' and negative perceptions surrounding remote work policies, further emphasising TCS's commitment to traditional office-centric work environments. Besides, TCS is said to offer average salary hikes to employees this year. The increments are said to range from 7-8 per cent for offsite staff at TCS, which is basically the ones who are based in India. The onsite employees, who work internationally, will reportedly get a 2-4 per cent salary hike at TCS. The cited source also highlighted that the high performers will potentially receive a salary raise of 12-15 per cent.  

Published 20 Mar 2024 09:46 PM

OnePlus Nord CE 4 is coming on April 1 with fast Snapdragon 7 Gen 3 chip

OnePlus Nord CE 4 is coming on April 1 with fast Snapdragon 7 Gen 3 chip

The OnePlus Nord CE4 will make its debut in India on April 1. Now we have the details of the chipset that is going to power it and it is going to be Snapdragon 7 Gen 3, the fastest chipset in its range.OnePlus is one of the most popular smartphone makers in India and users associate the brand's name with top-notch quality as well speed. As it seems to continue its focus on speed, the brand is going to equip its upcoming OnePlus Nord CE 4 with the fastest chipset in its category. The phone, which is launching in India on April 1, is going to be powered by Qualcomm's Snapdragon 7 Gen 3. Now before we talk about the phone, and all that we know about it, just one line to note: The Snapdragon 7 Gen 3 means that the Nord CE4 will be among the fastest phones in its segment because Gen 3 is the fastest Snapdragon 7 chipset yet. The performance in a way is likely to be the centrepiece of all that Nord CE 4 will offer to consumers. The smartphone, powered by Qualcomm's Snapdragon 7 Gen 3 processor, promises to save 20 per cent more power when compared the its predecessors. The phone also promises a 15 per cent performance boost in CPU as well as a 50 per cent boost in GPU performance when compared to previous phones.At the same time, the Nord CE4's Qualcomm AI engine promises to result in 60 per cent better AI performance per watt. Thus, carrying out AI-related tasks on the smartphone could be a breeze. The phone also has a special surprise in store for gamers. As mentioned already, the phone's Qualcomm Adreno GPU promises to deliver over 50 percent faster graphics rendering for high-quality HDR gaming. Hence, you might get a top-notch gaming experience on the device. In addition to this, the Adreno Frame Motion Engine can double the frame rates to upscale content, while maintaining the same power consumption. This means that users will be able to boost their frame rates without losing the phone's battery.As noted earlier, the OnePlus Nord CE4 will be launching on April 1 in India. The phone will be unveiled at 6:30 pm IST. The phone's launch is expected to be streamed live on OnePlus' official YouTube channel. Users can visit OnePlus' website and click "Notify Me" to be among the first to learn about the device's launch. OnePlus has already confirmed that the phone will be available in two colours - Dark Chrome and Celadon Marble. In terms of storage, the phone will have 8 GB RAM and up to 2356 GB storage. Further, the storage can be expanded to up to 1 TB. Coming to the price, the previous model, OnePlus Nord CE 3, was introduced last year with a starting price of Rs 26,999. The upcoming model is anticipated to maintain its affordability, likely priced under Rs 30,000 in the Indian market.The OnePlus Nord CE4 boasts quite impressive features and specifications. A few of these specs and features have already been confirmed ahead of the launch. The OnePlus Nord CE4 will feature texture-based designs inspired by the OnePlus 11 Marble Odyssey. The phone will come with a triple-camera rear setup. More details about the phone's camera and design are kept under wraps.  

Published 20 Mar 2024 09:46 PM

Newsletter

Subscribe our newsletter to stay updated every moment