India News & Trends

How CTV can prevent repeating the ad errors of linear TV for living room monetization

How CTV can prevent repeating the ad errors of linear TV for living room monetization

Connected TV live sports are about to enter a crucial period of recalibration. The medium is plagued by an old broadcast reflex: more advertisements equal more money, despite its promises of scale, accuracy, and living-room supremacy. A fundamental concern for the ecosystem is raised by the growing need to profit from every stop as live matches draw enormous concurrent audiences. To what extent can ad loads be increased before fandom becomes transactional and viewer immersion breaks down? Tolerance is a delicate currency in an environment where control and choice are paramount. This unique research explores what sustainability actually means during live sports by bringing together voices from the CTV, ad-tech, platform, and agency sectors. Beyond simple inventory counts, topics like experience design, temporal intelligence, creative ecosystems, and attention economics are covered. The emphasis is on creating a model where monetization does not come at the expense of loyalty, taking into account factors like the unpredictable nature of live broadcasts and the potential to increase interaction after the final whistle. The fundamental conflict is obvious: how well the ecosystem learns to use the screen, rather than how much advertising it can accommodate, will determine the direction of CTV sports in the future.  

Published 24 Feb 2026 05:42 PM

Instamart's viral water gun stunt transforms a Mumbai pani puri booth into a Holi playground.

Instamart's viral water gun stunt transforms a Mumbai pani puri booth into a Holi playground.

After a vendor was caught on camera filling puris with a water cannon as part of a festive promotion by quick-commerce company Instamart ahead of Holi, a pani puri stand in Mumbai became the newest social media star. The vendor is shown firing paani directly into the crisp puris in a video that has gone viral on LinkedIn and Instagram, replacing the typical steel matka with colorful water blasters. A large number of office workers, students, and bystanders were drawn to the unique scene, and many of them took out their phones to capture the action. In order to highlight its selection of water weapons on the platform in advance of the festival, Instamart planned the stunt. Videos of the "Holi practice" went viral online, evoking a range of responses from amusing arguments about wet puris to amusement and admiration for the vendor's goal. There are two types of Holi individuals, according to a social media user: The ones that say, "I'll sit inside." And the ones that say, "Give me the biggest water gun." This was obviously designed by Instamart for the second category. "This felt more like a deleted Holi scene from Yeh Jawaani Hai Deewani than a brand activation," another user commented.Water guns have evolved from toys for kids to expensive adult purchases over the Holi season, with many consumers shelling out hefty sums of money for high-performance blasters. This change is reflected in Instamart's Holi collection, which features high-end water pistols with precision and power, such as SPYRA, a German-engineered weapon that has drawn interest from senior citizens worldwide. Other comparable products are Toyshine and NERF water guns, which are currently sold on Instamart.already though the celebration is still a few weeks away, the widely shared scene in Mumbai indicates that Holi purchasing has already started and that this year's puris are already getting practice shots.  

Published 23 Feb 2026 05:56 PM

Invideo expands AI-driven filmmaking by acquiring GoBo Labs.

Invideo expands AI-driven filmmaking by acquiring GoBo Labs.

GoBo Labs, an award-winning Indian creative AI company created by Hridaye Ashish Nagpal, Vishal Balsara, and Nishant Tahilramani, has been acquired by Invideo, one of the most significant AI video creation platforms in the world.This acquisition is a strategic move to develop the next generation of Invideo's creative platform with the knowledge of Ailmmakers, who have led the way in AI-Airst storytelling, rather than a foray into agency or production work.GoBo Labs, one of India's first and most inventive AI-powered creative studios, unveiled the nation's first AI-Airst Ailmmaking workAlow, which skilfully combined storytelling, VFX, and animatics with cutting-edge production tools. Their efforts have fuelled notable advertising campaigns for Lux, Vaseline, Gulf Oil, Fabelle, Mahindra, Hindustan Times, and more, solidifying GoBo's position as a pioneer at the nexus of creativity and cutting-edge technology.GoBo's addition to Invideo gives the platform access to a creative force that continuously pushes the boundaries of what is achievable when innovative tools and artistic vision collide.According to Sanket Shah, co-founder and CEO of Invideo, "GoBo has broadened the scope of what creators can accomplish with AI." "When combined with our technology, their creative intuition opens the door to a future where all creators worldwide can access faster, richer, and more accessible storytelling."  

Published 20 Feb 2026 12:20 PM

Together, limitless is the audacious new corporate brand identity that Tata Communications has unveiled.

Together, limitless is the audacious new corporate brand identity that Tata Communications has unveiled.

Together, limitless embodies the company's conviction that the most significant advancements are made when knowledge, networks, and collaborations unite to produce results that transcend conventional limits."Together, limitless" embodies the company's conviction that the most significant advancements are made when knowledge, networks, and collaborations unite to produce results that transcend conventional limits.A.S. Lakshminarayanan, MD & CEO, Tata Communications, stated, "Our customers trust us because of the deep expertise we bring and the commitment with which our people deliver every day."  "We are defined by that desire. We are currently developing into a more cohesive, forward-thinking business. "Together, limitless" embodies the new Tata Communications, which is based on trust, transformation-driven, and committed to helping our clients do more than they have in the past. The new positioning coincides with businesses rethinking their operations in increasingly intricate, interconnected ecosystems and managing growing demands for responsibility, speed, resilience, and security. This reflects Tata Communications' own change, which includes a greater emphasis on long-term value development, closer customer partnerships, and an expanding worldwide presence."As customers' aspirations have evolved over time, so too has our relevance to them," Lakshminarayanan stated. We have now moved into a new stage of change, enhancing our capacities in operations, sales and marketing, and goods. Organizations are using our Digital Fabric to streamline complexity and spur innovation. Our goal to become more involved in our clients' growth journeys is reflected in our new brand promise.Fundamentally, "Together, limitless" characterizes Tata Communications' interactions with clients, partners, and investors. Today's businesses work in a more complicated environment with larger technology stacks, quicker innovation cycles, and increased demands for speed, security, and resilience. Tata Communications discovered a defining tension through in-depth customer listening: an excessive amount of noise in the technology ecosystem and an increasing demand for integration, clarity, and reliable partnerships.  

Published 16 Feb 2026 05:41 PM

According to FT, Meta reduces stock rewards for the majority of employees by 5%.

According to FT, Meta reduces stock rewards for the majority of employees by 5%.

As CEO Mark Zuckerberg invests billions of dollars in its artificial intelligence goals, Meta cut the annual payout of stock options for the majority of its employees by roughly 5%, according to a Financial Times report on Thursday.In the fierce AI race in Silicon Valley, Meta and other Big Tech companies are vying with one another to outbuild one another with enormous data centers. In January, the social media corporation stated that it anticipated spending between $115 billion and $135 billion on capital projects in 2026.According to the report, which cited people familiar with the situation, Meta has reduced equity-based incentives for the majority of its employees for the second consecutive year. According to the FT story, the corporation stunned some employees by reducing the stock reward by about 10% last year.The entity incorporates Meta's ambitious "metaverse" wager, which has resulted in losses of about $70 billion since 2021. According to President Donald Trump, Meta is investing $50 billion to develop a number of gigawatt-scale data centers across the United States, including one in rural Louisiana.  

Published 20 Feb 2026 01:03 PM

A former secretary of consumer affairs has been appointed to a key USISPF position.

A former secretary of consumer affairs has been appointed to a key USISPF position.

The appointment of former Consumer Affairs Secretary Rohit Kumar Singh as Chair of the Global Value Chains Committee of the US–India Strategic Partnership Forum (USISPF) on February 9, 2026, marked a major step forward for India-US economic interaction. The action underscores the increased focus on reliable supply chains and reliable alliances.Selection of the Chair of USISPF's Global Value Chains Committee Rohit Kumar Singh, a former secretary of consumer affairs, has been named chair of the US-India Strategic Partnership Forum's Global Value Chains Committee. Singh, who has extensive administrative experience and a history of change, puts Indian policy knowledge at the center of debates about the global value chain in his new position. Rohit Kumar Singh's Identity A 1989-batch IAS officer from the Rajasthan cadre, Rohit Kumar Singh has a wealth of knowledge in economic governance. He was instrumental in reforming India's consumer protection laws while serving as Secretary of Consumer Affairs. His leadership earned praise for enhancing responsiveness and openness by fusing technology-driven governance with regulatory reform. In his new worldwide job, he is well-positioned to combine policy, industry, and international cooperation thanks to his administrative background.Why USISPF Is Important and What It Is Through cooperation between governments, corporations, and thought leaders, the US–India Strategic Partnership Forum (USISPF) is a premier forum that enhances strategic and economic connections between the US and India. It operates in a variety of industries, including supply chains, trade, technology, energy, and defense. At a time when global trade is fragmented and under geopolitical stress, USISPF is essential in facilitating conversation and coordinating policy agendas.  

Published 10 Feb 2026 05:46 PM

Venugopal Jeyandran Reliance Retail Ventures Ltd.'s President and CEO was appointed.

Venugopal Jeyandran Reliance Retail Ventures Ltd.'s President and CEO was appointed.

Jeyandran Venugopal, a senior executive from Flipkart, has been named President and CEO of Reliance Retail Ventures Ltd. (RRVL) by Reliance Industries Ltd. (RIL). In an effort to further accelerate growth in the fiercely competitive retail industry, India's largest retail conglomerate made the statement on December 3, 2025. This is a brand-new role that highlights RRVL's goal to implement an ambitious retail and omni-channel strategy and increase leadership depth.Background: Jeyandran Venugopal: Who Is He? In the Indian e-commerce industry, Jeyandran Venugopal is a well-known figure. He played a key role in growing the platform's operations and digital infrastructure while holding senior positions at Flipkart that were centred on technology, innovation, and customer experience. His move to Reliance Retail coincides with the company's rapid e-commerce expansion through JioMart, all the while preserving a robust offline retail presence in industries like fashion, electronics, luxury products, and grocery.Strategic Position in the Vision of RRVL Venugopal will collaborate closely with Isha Ambani, who leads RRVL's retail sector, in his capacity as President and CEO. Among his responsibilities will include Overseeing omni-channel integration and digital transformation Promoting innovation in consumer interactions and the supply chain Improving offline and online operations through data-driven decision-making increasing urban penetration and extending RRVL's reach throughout tier 2 and tier 3 cities His appointment demonstrates Reliance's desire to directly compete with Amazon, Walmart-Flipkart, and Tata Neu by utilising cutting-edge technology and customer data intelligence in addition to size.Reliance Retail Ventures Ltd. (RRVL), the retail holding company of Reliance Industries, is the biggest retail player in India. Its varied portfolio includes Trends, JioMart, Ajio, Reliance Fresh, and Hamleys Strategic alliances with international companies such as Burberry, Jimmy Choo, and Tiffany Recent acquisitions in fashion, food retail, and e-commerce that demonstrate a hyper-growth approach RRVL continued to dominate the market in terms of both revenue and physical store network in FY2024–2025, reporting record revenues.  

Published 04 Dec 2025 06:11 PM

The first female vice-chancellor of Nagpur University in a century is Manali Kshirsagar.

The first female vice-chancellor of Nagpur University in a century is Manali Kshirsagar.

With the appointment of Manali Makarand Kshirsagar as its first female vice-chancellor since its founding in 1923, Nagpur University has ushered in a new era. Her appointment is a significant advancement in inclusive leadership and contemporary scholarship. In the upcoming years, she is expected to steer the century-old university towards better research, digital learning, and transparent governance thanks to her solid credentials and administrative experience.Acharya Devvrat, the University Chancellor and Governor of Maharashtra, made the announcement. At 54 years old, Kshirsagar is about to begin her five-year term, bringing a new vision to the university’s administration. As an alumnus of the institution, she is expected to steer the university with deeper understanding and dedication. Kshirsagar’s selection is essential not just for the university but for the entire region. It stands for: Gender equality in leadership A shift to contemporary scholarly methods More transparency in administration Focus on digital and research-driven education This decision is considered as a long-needed reform for a university that is more than 102 years old.With her in charge, educators and students anticipate: Improved academic quality Better administrative systems Stronger industry partnerships More student-friendly initiatives A greater emphasis on modern governance and innovation Under her direction, the university will probably be able to adjust to the evolving demands of higher education and move towards a more forward-thinking and effective future.  

Published 03 Dec 2025 10:51 PM

Lekin, I never believed in oiling before.Behind her shiny hair, Chitrangada Singh reveals a secret combination.

Lekin, I never believed in oiling before.Behind her shiny hair, Chitrangada Singh reveals a secret combination.

On the podcast Let's Talk for Namitaa, Chitrangada Singh recently talked about her hair care regimen and credited oiling for improving the quality of her hair. "I never used to believe in oiling, lekin bahut farak padta, oiling is very, very important," she said. The quality of your hair has improved since I started using rosemary, pepper mint, almond oil, and teen cheezon ko mix karke mujhe diya hai kisni.IndianExpress.com contacted Dr. Bhawuk Dhir, Consultant Dermatology, PSRI Hospital, to verify the actor's claim. He concurred that oiling has advantages, "but with realistic expectations."According to Dr. Dhir, "regular hair oiling can be scientifically effective, but its impact varies from person to person." He explains that oils don't directly promote the growth of new hair by activating biological growth pathways. The main functions of oils are as protecting and emollients. They protect the hair shaft from friction and environmental harm, prevent breakage, lessen dryness, and seal in moisture," he says. During oil application, a light scalp massage may also promote improved blood circulation. Dr. Dhir continues, "The evidence is stronger for improved texture and reduced damage rather than dramatic hair growth, even though this creates a healthier scalp environment."  

Published 24 Feb 2026 05:56 PM

Kerala HC wants to see The Kerala Story 2 after discovering that the teaser and trailer misrepresent the state.

Kerala HC wants to see The Kerala Story 2 after discovering that the teaser and trailer misrepresent the state.

The Kerala High Court on Tuesday (February 24, 2026) requested that the movie be shown to it on Wednesday, claiming that the teaser and trailer for The Kerala Story 2: Goes Beyond "wrongly portrays" the people of Kerala. Since Kerala is mentioned in the title by the filmmakers, who claim that the film tells a pan-Indian story, the concerns of the people of the State cannot be disregarded. Tensions within the community could result from this," it stated."You don't think the Court ought to see the film. "You want the question of whether this petition is a private or public litigation to be resolved," the court said. The Court made the observation during the hearing of three petitions from people who wanted to prevent the film's release and have the Central Board of Film Certification's (CBFC) certificate revoked because they believed the movie stigmatized and misrepresented Kerala, which could cause tensions and discord among communities. The Court noted that the petitioners' concerns seemed prima facie justified because the movie was being projected as "inspired by true events" and prominently carried the name of the state in its title, even though the sequels' plot had no real connection to Kerala. The Court then expressed its inclination to watch the film during the morning hearing. Therefore, it requested that the producer and the CBFC's legal representatives obtain guidance regarding the best time to screen the film for the Court. Additionally, the movie producers' attorney stated that the screening may go.  

Published 03 Mar 2026 09:20 AM

The price of lodging at ITC Mementos, the location of Rashmika Mandanna and Vijay Deverakonda's wedding

The price of lodging at ITC Mementos, the location of Rashmika Mandanna and Vijay Deverakonda's wedding

NDTV has revealed that Rashmika Mandanna and Vijay Deverakonda have selected ITC Mementos as the location for their wedding, which is scheduled for February 26, 2026. The home is tucked away in the Aravalli highlands, 25 kilometers from Udaipur. Mementos by ITC Hotels Ekaaya is a perfect destination wedding location since it provides an opulent getaway from the congested lakes and forts of Udaipur. This is where a fairytale becomes a reality, with verdant hills in the background, blue skies overhead, and a festive atmosphere.In order to give fans a preview of the festivities, paparazzi accounts started sharing the first images of the wedding location on Instagram after the announcement. The couple has selected the lavish Mementos by ITC Hotels, Ekaaya Udaipur, as the setting for their private celebrations, according to those reports.For their wedding, Rashmika Mandanna and Vijay Deverakonda have selected a gorgeous boutique home nestled in the Aravalli hills, away from the bustle of Udaipur. The tranquil retreat, which is surrounded by expansive nature, provides visitors with a variety of tastefully furnished rooms and apartments.  

Published 23 Feb 2026 06:00 PM

Review of the Assi film: Taapsee Pannu and Kani Kusruti feature in an urgent, necessary call to arms that is a must-see

Review of the Assi film: Taapsee Pannu and Kani Kusruti feature in an urgent, necessary call to arms that is a must-see

No. This isn't possible. Not in Delhi, where it is dangerous to be out after sunset. Not in India, where even infants and elderly women are not spared by predators. When schoolteacher Parima (Kani Kusruti) is dragged into a car and brutally attacked by a group of men, Anubhav Sinha's Assi, which alludes to the number of rapes that occur in a minute, doesn't waste any time in dragging us into the depths of darkness. The hours of a night that turns into a nightmare begin when she returns to her modest middle-class home from a function at a colleague's residence, where her husband Vinay (played by Mohammed Zeeshan Ayyub) and young son (Advik Jaiswal) are waiting.As a telling aside, the principal of Parima's school (Seema Pahwa, in a cameo) is reluctant to allow her to return to work because, in her own words, neither she nor the students are ready. The teenage boys in Parima's math class, who post offensive remarks on their WhatsApp groups, are just as complicit in the continuation of rape culture as the loud-mouthed supporters of the status quo who let monsters run amok. Even while the frequent use of the red screen verges dangerously close to being gimmicky, the entire movie is completely and purposefully in your face, with the directors obviously expecting that you would never be able to get it out of your head and heart. It serves as a mirror to people who refuse to recognise how difficult it is for women to be out on their own, whether they are in playgrounds, on public transportation, crossing streets, or even in their own homes. No location is secure.The verbal altercations between the rapists' lawyer (Satyajit Sharma), who is overseen by an experienced judge (Revathi), and the feisty Raavi (Taapsee Pannu, who rejoins Sinha after "Mulk" and "Thappad"), who defends Parima's case, may bring to mind Sinha's earlier films, which used the courtroom as a battlefield to stake out the ethical and moral ground that was quickly slipping from under our feet.  

Published 20 Feb 2026 12:40 PM

What becomes more expensive and less expensive following Budget 2026. Check entire list

What becomes more expensive and less expensive following Budget 2026. Check entire list

With the release of the Union Budget 2026, Indian consumers are anticipated to pay more for some items and less for others. As finance minister Nirmala Sitharaman delivered the budget in Parliament today, she spoke about specific commodities on which the government is planning to lower customs duty.She added that the government was thinking about decreasing taxes on a few imports from other nations, which would result in lower prices for Indian customers. Finance Minister Nirmala Sitharaman stated during the Budget's presentation in Parliament on Sunday that the Union Budget 2026–27's changes to customs duties will reduce the cost of a number of necessities, such as 17 cancer medications and medications and specialized nutrition used to treat seven uncommon diseases. Duties have also been lowered on microwave oven components, lowering production expenses. The Budget proposed a range of tariff cuts and tax rationalisations targeted at alleviating costs for consumers, exporters and critical sectors. TCS reduced the price of overseas tour packages from 5–20% to 2% with no minimum. Foreign remittances for education and medical care under LRS: TCS cut to 2% from 5% Microwave ovens: Customs duty exemption on selected manufacturing parts Imports for personal use by foreign visitors: Customs duty was reduced from 20% to 10%.Imports for personal use by foreign visitors: Customs duty was reduced from 20% to 10%. Textile and leather exporters: Export realisation time extended to one year, alleviating working capital constraint Cancer and critical disease medicines: Basic customs duty totally waived on 17 pharmaceuticals Foods, medications, and drugs for specific medical needs pertaining to seven uncommon disorders Imported medications and drugs for individual use Essential Parts of Microwave Ovens Components or parts, including engines of aircraftSolar glass ingredients Goods purchased for nuclear power projects Capital products for essential minerals

Published 02 Feb 2026 06:03 PM

GST reform: starting Monday, these goods will be subject to the highest tax. View the complete list

GST reform: starting Monday, these goods will be subject to the highest tax. View the complete list

September 22 GST changes: Under the new tax structure, which goes into effect on Monday, items falling within these categories will be subject to the newly revised highest tax rate of 40% GST. View the items' list here.After its 56th meeting on September 3, 2025, the GST Council, which is led by the Indian federal government, voted to streamline the indirect tax system in India by redesigning the current goods and service tax (GST) slab structure into a "two-tier" system.Indian customers will benefit from a revamped "two-tier" tax structure that goes into effect on Monday, September 22, 2025. Depending on the type of commodity sold in the country, it will be subject to either the 5% or 18% tax band. In India, GST is now imposed in four slabs: 5%, 12%, 18%, and 28%. However, the government has since modified these slabs. Many products sold in the Indian economy will see price reductions as a result of the federal government's action; nevertheless, starting Monday, a wide range of products will also be subject to higher consumer taxes. 1. Sin Goods: Generally speaking, sin goods are things that are detrimental to society and health, such as cigarettes and pan masala. Cigarettes, pan masala, beedi, and other tobacco goods including chewing tobacco and gutka, as well as online gaming and gambling, would all be subject to a 40% GST tax starting on Monday, September 22, 2025. 2. Luxury cars: Four-wheelers with an internal combustion engine (ICE) capacity greater than 1,200cc and a length greater than four meters were also placed in a 40% tax level by the GST Council. In the past, the ex-showroom pricing of SUVs and MPVs, which are included in this group, was increased by 28% GST and 22% Cess. 3. Over 350cc two-wheelers: The GST Council raised the tax rate for two-wheelers with engines larger than 350cc from 28% GST and 3% Cess to 40%. Despite the removal of the Cess levy, two-wheelers with engines larger than 350cc will now be subject to a higher tax rate. 4. Soft drinks: The central government raised the GST rate from 28% to 40%, which will result in a price increase for soft drinks and other non-alcoholic beverages like Coca-Cola, Pepsi, Mountain Dew, Fanta, and flavor-infused waters. 5. Items that cost more when you're in the 18% tax bracket: Items that will be subject to GST at the higher 18% slab starting on Monday, September 22, 2025, include dining at restaurants, particularly those with air conditioning and premium outlets; consumer durables like refrigerators, washing machines, and air conditioners; beauty and grooming services at salons and spas; and high-end smartphones and imported devices.  

Published 23 Sep 2025 01:19 PM

Live Updates on New GST Rates: When GST 2.0 goes into effect, food, cars, and televisions all get cheaper.

Live Updates on New GST Rates: When GST 2.0 goes into effect, food, cars, and televisions all get cheaper.

GST Reforms 2025 List: Goods and Services Tax (GST) reforms have become effective today, September 22, marking a historical shift in the country’s indirect taxation by merging four slabs into two (5% and 18%) and a special tax slab of 40% for “sin goods".The GST council, led by Finance Minister Nirmala Sitharaman, early in September announced a major overhaul in the indirect taxation system, aimed at simplifying the slabs, boosting the consumption and rationalizing the rates. Under the new plan, the government is set to merge the four slabs into two main categories with an additional “sin tax" bracket: 5% slab — for essential goods. 18% slab – for most other goods and services. 40% slab – for luxury and sin goods such as tobacco, alcohol, betting, and online gaming. This consolidation is expected to make tax compliance easier and also reduce prices on many items currently taxed at 12% or 28%.This consolidation is expected to make tax compliance easier and also reduce prices on many items currently taxed at 12% or 28%.Consumers will see essential items becoming cheaper from September 22, as several sectors from FMCG to Auto have announced earlier to pass on the benefits of lower GST to them.  

Published 22 Sep 2025 05:13 PM

Live updates for the ITR due date: Will there be another extension of the income tax return deadline?

Live updates for the ITR due date: Will there be another extension of the income tax return deadline?

Date of ITR due REAL-time updates: The deadline for filing Income Tax Returns (ITR) for the assessment year 2025–2026 is now. Over 6.69 crore returns have already been received by the Income Tax Department, of which over 6.03 crore have been validated and 4 crore have been processed.Taxpayers who miss today's deadline risk interest on unpaid taxes, delayed refunds, and late fines of up to ₹5,000 (limited at ₹1,000 for individuals with incomes up to ₹5 lakh). Therefore, it is essential to file and confirm returns on time in order to prevent fines and guarantee prompt refund processing.The deadline is applicable to non-audit instances, such as the majority of salaried individuals, small enterprises or professions under the presumptive taxation plan, and Hindu Undivided Families (HUFs). It is recommended that taxpayers refrain from spreading false information about extensions and instead rely solely on official updates from Income Tax India.In order to assist last-minute filers in appropriately completing submissions, the department's helpdesk is open around-the-clock and provides assistance via phone, live chat, WebEx sessions, and social media.The department's help line is open around-the-clock, providing assistance via phone, live chat, WebEx sessions, and social media to help filers who are submitting at the last minute appropriately.  

Published 15 Sep 2025 05:53 PM

Unauthorized reviews, dubious log-ins, and fuzzy documents: TMC MP to Supreme Court on SIR

Unauthorized reviews, dubious log-ins, and fuzzy documents: TMC MP to Supreme Court on SIR

TMC MP Dola Sen told the Supreme Court that Election Commission-appointed micro-observers were allegedly overriding decisions made by Electoral Registration Officers (EROs), the statutory authority for including and deleting electors, raising concerns that eligible voters could be removed from the final electoral roll during the ongoing Special Intensive Revision (SIR) in West Bengal.In two applications filed on February 16 and 18, Sen, a petitioner before the Supreme Court contesting the SIR, also claimed that documents uploaded to the system were becoming "blurry" after submission and that officials were allegedly logging into the ECINET portal from locations other than where they were deputed. On February 28, West Bengal's final electoral roll is expected to be released. The Indian Express asked the EC for comment on Sen's claims, but the EC did not reply.The EC only deployed micro-observers in West Bengal, which was a first, despite announcing the SIR in nine states and three Union Territories on October 27 of last year. The EC informed the Supreme Court on February 4 that the purpose of the 8,100 micro-observers, who work for the Central Government, was to support EROs and Assistant EROs (AEROs). The EC had stated, "It is false to suggest that statutory powers have been vested in the micro-observers."  

Published 25 Feb 2026 05:54 PM

Don't you feel guilty about selling Bharat Mata Rahul Gandhi criticizes the US accord and the Center

Don't you feel guilty about selling Bharat Mata Rahul Gandhi criticizes the US accord and the Center

Speaking in the Lok Sabha following days of deadlock, Rahul Gandhi criticized the Central government, led by Prime Minister Narendra Modi, for the recently concluded trade agreement with the United States, saying the administration should be embarrassed of it. In a vicious attack, Gandhi said that the Center "sold India" and that the government was endangering farmers' livelihoods by permitting US goods to enter."India is no longer yours. Do you not feel guilty for selling India? In reference to the trade deal, he declared, "You have sold our mother, Bharat Mata." He added that it was a "wholesale surrender" in which the interests of farmers were jeopardized and India's energy security was given to America. Gandhi went on to say that Donald Trump would have been advised to treat India equally if an INDIA Bloc administration had negotiated the trade deal with the US."This is total capitulation. The fact that it is a capitulation by more than simply the prime minister makes it tragic. He has given up the 1.5 billion Indians' future. Gandhi claimed that he had given up the future in order to save the BJP's financial structure, which is the subject of a case in the US.Gandhi claimed that the farmers' interests had been compromised and that they were facing a "storm" as American agricultural products flooded Indian markets. Additionally, he claimed that the Indian textile sector is "finished."We are about to enter a period of unrest, and the country has been sold. The country is sold out. "Its farmers and data have been sold," Gandhi reaffirmed as he wrapped up his remarks.Following Rahul Gandhi's address, Union Parliamentary Affairs Minister Kiren Rijiju declared that no one could sell India and charged that the Congress party was undermining the nation. "Congress is sad because India is progressing," he stated, asserting that Prime Minister Narendra Modi is India's strongest PM. He claimed that before leaving Parliament, the Congress MP gave speeches full of falsehoods and unfounded accusations. Rijiju remarked, "He never stays back to hear the minister's response."It is regrettable that we lack a serious personality or a person with a serious character that would be appropriate for the role of opposition leader. Rahul Gandhi's lies will be refuted by our party both within and outside the House.  

Published 11 Feb 2026 11:10 PM

Updates for the 10th day of the Parliament Budget Session The Government-Opposition deadlock ends, and both Houses begin discussing the budget

Updates for the 10th day of the Parliament Budget Session The Government-Opposition deadlock ends, and both Houses begin discussing the budget

The Lok Sabha began discussing the Union Budget on Tuesday, February 10, 2025, in the afternoon, signaling the end of the impasse between the opposition and treasury benches. The discussion had been delayed for days due to the opposition's insistence that LoP Rahul Gandhi be given the opportunity to speak on a number of topics. Following two adjournments, the House reconvened at 2 p.m., and the Speaker, Krishna Prasad Tenneti, invited Congressman Shashi Tharoor to commence the debate. The Thiruvananthapuram MP then began discussing the matter. Soon after opposition parties filed a notice to introduce a motion to oust Om Birla as Speaker of the Lok Sabha, the thaw occurred. Sukhendu Sekhar Roy of the Trinamool Congress emphasized that rising inequality could cause a "social upheaval," akin to what was seen in neighboring countries, as opposition parties criticized the government for failing to address issues like unemployment and inflation in the Union Budget during the budget discussion."If the situation is not brought under control, I fear that the country will soon experience social unrest similar to what has recently occurred in some of our neighboring countries. We have never witnessed such skyrocketing inequality between the rich, super rich, upper middle class, middle class, and the poor," Mr. Roy stated.  

Published 11 Feb 2026 11:06 PM

India displays its entire armed might on the 77th Republic Day, with Operation Sindoor taking front stage on the Kartavya Path.

India displays its entire armed might on the 77th Republic Day, with Operation Sindoor taking front stage on the Kartavya Path.

Top national leaders and prominent foreign visitors joined the festivities, which had as their subject 150 years of "Vande Mataram." About 10,000 distinguished guests saw the parade, which combined military might with cultural cohesion.At its 77th Republic Day parade on Monday, January 26, 2026, India put military might front and centre. Kartavya Path was transformed into a sweeping display of missiles, armour, mechanised columns, and combat aircraft, with a keen focus on weapon systems related to Operation Sindoor, the high-intensity military operation carried out in May of last year.The BrahMos supersonic cruise missile, Akash air defence system, Suryastra rocket launcher, and Arjun Main Battle Tank were among the major armament systems on exhibit at the start of the military demonstration, which emphasised India's focus on battlefield readiness and domestic defence manufacturing. A large portion of the equipment on exhibit was either used in Operation Sindoor, the confrontation with Pakistan that took place from May 7–10, or it was directly inspired by lessons learnt.A tri-services tableau featuring replicas of key weapon systems used during the operation was a big draw. A glass-cased integrated operational command centre served as its focal point, providing a visual representation of Operation Sindoor's execution through the coordinated use of systems including the S-400 air defence system and BrahMos. Akash and S-400 systems were depicted as offering a protective air-defense shield during the fight, while BrahMos missiles were predicted to perform decisive offensive attacks.Lt. General Bhavnish Kumar, a second-generation officer and General Officer Commanding, Delhi Area, led the procession. The Indian Army demonstrated a phased "Battle Array Format," including its airborne component, for the first time. The reconnaissance element included high-mobility reconnaissance vehicles after the historic 61 Cavalry in active battle uniform. Flying in Prahar formation, the domestic Dhruv Advanced Light Helicopter and its armed counterpart Rudra displayed aerial battlefield shaping.

Published 27 Jan 2026 09:07 PM

Can face acupuncture provide a more natural lift than botox and fillers?

Can face acupuncture provide a more natural lift than botox and fillers?

There has been a subtle change in the beauty industry during the past year. The popularity of dermal fillers and botox appeared to be waning. It appears that beauty enthusiasts are giving the needles a breather, as seen by celebrities discontinuing their procedures in favor of a more natural appearance and the growing popularity of products like face rollers and gua sha for a naturally elevated appearance.Instead of employing toxins or fillers to freeze or plump the skin, face acupuncture increases collagen and elastin through micro-trauma, providing a more natural, holistic lift than Botox and fillers. It improves skin texture and gives a subtle, refreshed appearance, but it takes several sessions to see noticeable changes. In contrast, Botox produces quicker, more noticeable, but transient, effects. Facial Acupuncture for Natural Lift: Mechanism: Increases circulation and collagen synthesis by stimulating the body's natural healing mechanisms with several small needles. Results: Enhances rather than changes face structure, giving the appearance of a subtle, renewed, and "lifted" appearance without the "frozen" or "pillowy" aspect. Benefits: Provides improved skin tone and texture by addressing the underlying causes of aging, including tension, stress, and hormonal imbalance. Longevity: Because they support the body's natural healing processes, benefits may be longer-lasting even though they are not instantaneous. Side effects: There is little chance of minor redness or bruises, and there is no recovery period.  

Published 25 Feb 2026 05:50 PM

When you chew a piece of ginger every day for sixty days, your body experiences this.

When you chew a piece of ginger every day for sixty days, your body experiences this.

Strong antioxidant and anti-inflammatory properties can be found in ginger. However, what would happen if a person chewed a piece of ginger every day for sixty days? When we asked Dr. Amreen Sheikh, chief nutritionist at KIMS Hospitals, Thane, about it, he replied that it increases circulation, relaxes the airways, and progressively lessens throat inflammation. Many patients report decreased bloating, improved digestion, and fewer coughs after six to eight weeks. Ginger can ease the inner lining of the airways and provide general lung comfort for people who are susceptible to seasonal respiratory symptoms, according to Sheikh.Yes, but with reasonable expectations, Sheikh argued. Unlike medication, ginger does not "open the lungs." Rather, it operates subtly. It can aid those who frequently experience irritation from pollutants, relieve moderate wheezing from cold weather, and clear congestion in the throat. Additionally, by loosening mucus, its warming impact facilitates its expulsion during an illness. Ginger can help with long-term lung conditions like COPD or asthma, but it should never take the place of prescription medication, Sheikh said.While using ginger on a daily basis is generally safe, Sheikh pointed out that excessive use can cause oral irritation, cause acidity in those who are sensitive, or slightly thin the blood. Before developing a habit, people who take blood thinners or have gastritis or acid reflux should speak with a doctor. A tiny portion is more than sufficient; moderation is crucial," Sheikh stated.  

Published 23 Dec 2025 11:46 PM

Cough syrup deaths: TNFDA probe reveals Coldrif manufacturer's shortcomings

Cough syrup deaths: TNFDA probe reveals Coldrif manufacturer's shortcomings

According to CDSCO sources, the investigation into the Kanchipuram-based Coldrif cough syrup producer, which was connected to child fatalities in Madhya Pradesh, has shown shortcomings in the Tamil Nadu Food and Drug Administration's enforcement of fundamental regulatory standards.They said that Sresan Pharma, which was granted a license by the Tamil Nadu Food and Drug Administration (TNFDA) in 2011, carried on operating undetected for more than ten years in spite of its inadequate infrastructure and many infractions of national drug safety regulations.According to the sources, a recent examination by the Central Drugs Standard Control Organization (CDSCO) revealed the unit's terrible conditions and complete disregard for Good Manufacturing Practices (GMP). "The CDSCO has not participated in any of Sresan Pharma's audits. This company was not included in any of the CDSCO databases since the CDSCO was not involved and the state FDA did not provide the CDSCO with any information on it, according to a source.Rule 84AB of the D and C Rules mandates that manufacturers update all of their certified items on the "Sugam" site, according to another source at the CDSCO.In order to facilitate improved monitoring, the regulation was notified to create a national database of all the authorized items in the nation. "The business failed to list its goods in the database. It did not follow this guideline as a result. According to the source, the state regulator is in charge of ensuring that the regulation is followed in the state.  

Published 15 Oct 2025 04:59 PM

Why the most popular (and dubious) fad right now is North West's finger piercing

Why the most popular (and dubious) fad right now is North West's finger piercing

The Kardashian-Jenner family is known for starting trends, some of which are lighthearted, some of which are outrageous, and others of which are downright dubious. When Kim Kardashian and her 12-year-old daughter North West were spotted in Rome recently, everyone's attention was drawn to North's middle finger dermal piercing.Their excursion has generated a lot of controversy, with Kim facing backlash for permitting her preteen child receive the piercing. However, finger piercings have also gained popularity, and many people are now interested in learning more about them, their process, and their safety.A dermal piercing, also known as a micro dermal or single-point piercing, is a way to change your body where a piece of jewelry is inserted under the skin so that only the pretty top is visible, says Sahil Bali, an artist at Devil'z Tattooz in Delhi. Bali continues by explaining that dermal piercings are single-entry piercings, as opposed to conventional piercings, which enter one side of the skin and exit the other. "They are performed by using a needle or dermal punch to make a tiny pocket in the skin, after which an anchor base is inserted beneath the skin. After that, a decorative stud or gem is put onto the anchor," he explains, adding that these piercings may be done practically anywhere on the body, including the fingers, lower back, cheekbone, and chest, but they take longer to heal than conventional piercings."Dermal piercings need careful cleaning and protection, as they can get easily irritated or caught on things, making them slightly higher maintenance than normal piercings," says Dr. Shireen Furtado, senior consultant, medical and cosmetic dermatology, Aster CMI Hospital, Bengaluru.  

Published 07 Oct 2025 09:43 PM

Axar Patel leads DC to a decisive victory over Rishabh Pant's LSG on a night that contrasts for the captains.

Axar Patel leads DC to a decisive victory over Rishabh Pant's LSG on a night that contrasts for the captains.

Returning to Lucknow for the first time since his unsatisfactory dismissal from the team, KL Rahul ended the game with a spectacular six to go undefeated in a run-chase with a 42-ball 57.On a night full of stories at Lucknow's Ekana Stadium, the Delhi Capitals won by 8 wickets in a 160-run chase, solidifying their status as this season's title contenders. KL Rahul, who is making his first appearance in Lucknow after his unsatisfactory dismissal from the team, ended the game with a spectacular six to go undefeated in a run chase with a 42-ball 57. In the twelfth over of their respective innings, LSG and DC both lost their second wicket. Axar Patel entered when a composed Abishek Porel collapsed. At this point, DC was only under a little pressure to take a few wickets, but it might have grown complicated because new batters take time to get comfortable. With two sixes over the midwicket zone, his favorite hit against spin, Axar took out Ravi Bishnoi in the very next over after Avesh Khan had dismissed him after four dot balls.In the following over, facing Avesh once more after being outscored by a few deliveries, he decided to take a chance and hit a four to try to clear the fielder at mid-off. The most impressive stroke came from Shardul Thakur, who took up a not-so-short ball with the weight still on his backfoot and sent it over long on for a six.  

Published 23 Apr 2025 08:56 PM

Nitish Rana on RR not selecting him for Super Over against DC despite 51 off 28:

Nitish Rana on RR not selecting him for Super Over against DC despite 51 off 28: "One person never takes the call."

Despite hitting 51 off 28 balls against the Delhi Capitals, Nitish Rana was left out of the Super Over lineup as the Rajasthan Royals entered with Hetmyer and Riyan Parag.Nitish Rana remained in the middle until the 18th over of the chase after smashing 51 off 28 balls. At the Arun Jaitely Stadium in New Delhi on Wednesday, the Rajasthan Royals sent neither batsman to bat despite Yashasvi Jaiswal's 51 off 37 balls in the Super Over against the Delhi Capitals. Eyes were rolling when Shimron Hetmyer and Riyan Parag came out to bat in the Super Over. Rana wasn't even on the list of the three batters for the Super Over, but Jaiswal was chosen to bat following a wicket fall.RR's choice proved to be a poor one as Mitchell Starc of DC cramped the Hetmyer for space with yorkers and the reverse swing, allowing him to begin the Super Over with a dot ball. The Australian bowler was hit for four after missing his mark on the next delivery, but he recovered with another low full toss in the third ball. A single was taken by Hetmyer.Starc's low full toss was hit by Riyan Parag over third man for a boundary, sometimes known as a no-ball. After it appeared that RR would easily reach 15 with three balls left, the game took yet another sharp turn. RR was bowled out for just 11 as Parag and Jaiswal were ran out in the following ball.KL Rahul and Tristian Stubbs smash two sixes in the first three balls of Sandeep Sharma's Super Over to give DC a historic victory, so the total was insufficient. Following the game, Nitish Rana stated that the decision to send Riyan Parag and Shimron Hetmyer instead of him for the Super Over was made by the RR management. Rana said he didn't have an alternative response, adding that if Hetmyer had hit a couple of sixes in the Super Over, the questions would have been different."The call is answered by management, not a single individual. Along with two other senior players and coaches, the captain is present. You wouldn't be asking this question if Shimron Hetmyer had hit two sixes. I'll respond with the same response. I have no other response. Every choice we made was the right one. Everyone knows that Hetmyer is our finisher. During the press conference, Rana stated, "He has previously delivered."  

Published 17 Apr 2025 09:05 PM

Who Won CSK vs. RR, Match 11 in Yesterday's IPL 2025 Match?

Who Won CSK vs. RR, Match 11 in Yesterday's IPL 2025 Match?

The outcome of yesterday's IPL 2024 match between CSK and RR: Watch the most recent IPL action as CSK and RR square off in the 2025 season's first game. Get all the match information and updates here, along with the results of the encounter.The highly anticipated Match 11 between the Chennai Super Kings (CSK) and Rajasthan Royals (RR) in the Indian Premier League (IPL) 2025 season was played at the Barsapara Cricket Stadium in Guwahati.Chennai Super Kings (CSK) lost against Rajasthan Royals (RR) by a margin of six runs. First to bowl, RR amassed 182 runs. Despite pursuing the objective, CSK ended up at 176 for 6 in 20 overs. The Rajasthan Royals (RR) defeated the Chennai Super Kings (CSK) by 6 runs in the March 30 IPL 2025 match. After two losses earlier in the season, this victory was RR's first. In contrast, CSK lost this game for the second time in a row.Highlights of the IPL 2025 match between the Rajasthan Royals and Chennai Super Kings: Wanindu Hasaranga takes four wickets to help the Royals overcome the Super Kings by six runs.  

Published 31 Mar 2025 08:23 PM

India's bold strategy aids in a quick T20 reconstruction

India's bold strategy aids in a quick T20 reconstruction

The world champions are creating an environment where players perform well without worrying about keeping their spots in the squad or taking wickets.Kolkata: Although it's early, the process and outcomes give hope that India would successfully defend the T20 World Cup at home the following year. Despite the pessimism caused by the Test and ODI transition issues, India's T20 trajectory stands out thanks to series victories against South Africa, Bangladesh, Sri Lanka, Zimbabwe, and now England. Even more so when one considers that Kuldeep Yadav, Shubman Gill, Jasprit Bumrah, Rishabh Pant, and Yashasvi Jaiswal have not been parachuted in.This is most likely a greater accomplishment. However, they have approached it virtually undetected. No culture of stars. Verify. No set order for batting. Verify. Just a group of young, talented, and incredibly self-assured cricket players going about their business without worrying about career curves. By the way, all IPL linchpins.Captain Suryakumar Yadav acknowledges his lack of quality as he is left off the Champions Trophy roster. Abhishek Sharma thinks a ball is there to be struck, hence he doesn't count returns. As long as Tilak Varma is at the crease, the second Twenty20 match in Chennai demonstrated that no equation is too difficult. And the fact that India lost to 12/3 and then 79/5 at Pune on Friday, yet still managed to score 181, demonstrated that the previous game's disaster chasing in Rajkot was really a fluke. The realization that not everything can be managed lies at the core of this long-term upsurge. Earlier this week, Sitanshu Kotak, India's new batting coach, said it. "To achieve a score of 200 or 225, and if you are  

Published 04 Feb 2025 04:28 PM

Unauthorized reviews, dubious log-ins, and fuzzy documents: TMC MP to Supreme Court on SIR

Unauthorized reviews, dubious log-ins, and fuzzy documents: TMC MP to Supreme Court on SIR

TMC MP Dola Sen told the Supreme Court that Election Commission-appointed micro-observers were allegedly overriding decisions made by Electoral Registration Officers (EROs), the statutory authority for including and deleting electors, raising concerns that eligible voters could be removed from the final electoral roll during the ongoing Special Intensive Revision (SIR) in West Bengal.In two applications filed on February 16 and 18, Sen, a petitioner before the Supreme Court contesting the SIR, also claimed that documents uploaded to the system were becoming "blurry" after submission and that officials were allegedly logging into the ECINET portal from locations other than where they were deputed. On February 28, West Bengal's final electoral roll is expected to be released. The Indian Express asked the EC for comment on Sen's claims, but the EC did not reply.The EC only deployed micro-observers in West Bengal, which was a first, despite announcing the SIR in nine states and three Union Territories on October 27 of last year. The EC informed the Supreme Court on February 4 that the purpose of the 8,100 micro-observers, who work for the Central Government, was to support EROs and Assistant EROs (AEROs). The EC had stated, "It is false to suggest that statutory powers have been vested in the micro-observers."  

Published 25 Feb 2026 05:54 PM

A  new system is implemented by Priyanka Gandhi to choose Congress candidates for the Assam elections.

A new system is implemented by Priyanka Gandhi to choose Congress candidates for the Assam elections.

Senior state leaders are typically summoned to the nation's capital for the screening committee's meeting with the state election committee (SEC) in Delhi. The three committee members have been given five districts each by Priyanka ji, who has instructed them to visit these areas in order to get input from stakeholders and local leaders. The three leaders are currently visiting local media, civil society activists, and cadres in the three areas. All of these sessions are private, and the results will be presented to the screening committee at its next meeting," the source stated. If Vadra's trial is successful and the system functions effectively, the AICC may think about adopting it for next state elections, a senior AICC leader told The Indian Express. According to the leader, "this system could be emulated in other upcoming elections, regardless of how we do in the Assam polls in terms of winning seats."The rest of the state would be discussed later, but the exercise is currently taking on in Upper Assam. Additionally, the split was made using the districts' social engineering. Since Ulaka is a tribal leader himself, he has been allocated several districts with a sizable population of tribal communities, whereas Masood has been allotted districts with a sizable Muslim population, the source said.  

Published 18 Feb 2026 05:52 PM

Updates for the 10th day of the Parliament Budget Session The Government-Opposition deadlock ends, and both Houses begin discussing the budget

Updates for the 10th day of the Parliament Budget Session The Government-Opposition deadlock ends, and both Houses begin discussing the budget

The Lok Sabha began discussing the Union Budget on Tuesday, February 10, 2025, in the afternoon, signaling the end of the impasse between the opposition and treasury benches. The discussion had been delayed for days due to the opposition's insistence that LoP Rahul Gandhi be given the opportunity to speak on a number of topics. Following two adjournments, the House reconvened at 2 p.m., and the Speaker, Krishna Prasad Tenneti, invited Congressman Shashi Tharoor to commence the debate. The Thiruvananthapuram MP then began discussing the matter. Soon after opposition parties filed a notice to introduce a motion to oust Om Birla as Speaker of the Lok Sabha, the thaw occurred. Sukhendu Sekhar Roy of the Trinamool Congress emphasized that rising inequality could cause a "social upheaval," akin to what was seen in neighboring countries, as opposition parties criticized the government for failing to address issues like unemployment and inflation in the Union Budget during the budget discussion."If the situation is not brought under control, I fear that the country will soon experience social unrest similar to what has recently occurred in some of our neighboring countries. We have never witnessed such skyrocketing inequality between the rich, super rich, upper middle class, middle class, and the poor," Mr. Roy stated.  

Published 11 Feb 2026 11:06 PM

Revanth Reddy at a Christmas event Will bring law to punish those who insult other religions

Revanth Reddy at a Christmas event Will bring law to punish those who insult other religions

Telangana Chief Minister A Revanth Reddy announced on Saturday that his government would enact a new rule to punish individuals who disparage religions while taking part in the Christmas festivities of all Christian denominations in the state. A bill on this will be introduced in the Assembly shortly, according to the CM."To punish people who disparage other religions, we will introduce a law in the Assembly. At an annual pre-Christmas celebration held at Hyderabad's L B Stadium, which is attended by the state's chief minister, Reddy declared, "We will also amend the existing Acts to punish those who abuse other faiths."The CM stated that everyone should respect religions other than their own and that the new law would seek to "stamp out religious hatred and punish those who insult other religions." Reddy added that the government had already "dealt with those who spread religious hatred and attacks" and that the current laws would be changed to guarantee severe punishment for anyone who mistreat other religions.  

Published 21 Dec 2025 11:15 PM

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Realme 12 5G, Realme 12+ 5G pre-orders begin in India. Launch date, pre-order benefits and more

Realme 12 5G, Realme 12+ 5G pre-orders begin in India. Launch date, pre-order benefits and more

Realme has confirmed that its  Realme 12 5G smartphone will also make its debut in India alongside Realme 12+ 5G  on March 6. The Chinese smartphone maker has also opened pre-orders for the Realme 12 series from today with a promise of availing limited time benefits of up to ₹ 3,000. The Realme 12 5G and Realme 12+ 5G can be pre-ordered by going to Amazon, Realme's official website and mainline stores. The two devices will be availabe to pre-order from 2pm onwards on February 29 and will go on till March 5. Meanwhile, the Realme 12 5G series will go on sale from  3:00 pm from March 6th onwards and will be available with limited offers till March 10th. Customers pre-ordering the Realme 12+ 5G are eligible for a ₹1,000 bank offer and ₹1,000 price offer on the  8GB RAM/128GB storage variant and ₹1,000 bank offer on the 8GB RAM/256 GB storage variant. Furthermore, customers will also be entitled to 1 year of complete mobile protection on Flipkart and 1 year of screen damage protection on the Realme website. Meanwhile, customers pre-ordering the 6GB RAM/128GB storage variant of the Realme 12 5G are eligible for a coupon of ₹2,000 coupon and customers pre-ordering the 8GB RAM/128GB storage variant are entitled to a ₹1,000 coupon. Apart from this, Realme is also offering the same 1 year of mobile protection and 1 year of screen damage protection as the Realme 12+ 5G. Realme had earlier also confirmed that the upcoming Realme 12+ 5G will be powered by the MediaTek Dimensity 7050 chipset and will sport a 50MP Sony LYT 600 primary sensor with support for optical image stabilization and up to 2x in sensor zoom. Realme 12+ 5G is also confirmed to come with a 120Hz AMOLED panel which will come with the latest Rainwater Smart Touch feature which will help users take advantage of their smartphone even with wet or dry hands.    

Published 01 Mar 2024 09:42 PM

OnePlus 12R Genshin Impact edition launched in India: Price, specs, launch offers and everything you should know

OnePlus 12R Genshin Impact edition launched in India: Price, specs, launch offers and everything you should know

OnePlus has launched a Genshin Impact Edition of the OnePlus 12R, which brings a host of design and UI changes to the smartphone based on the popular mobile game from miHoYo. The smartphone was unveiled at the Mobile World Congress in Barcelona, Spain and will be available in India and other global markets from next month. The latest OnePlus 12R Genshin Impact edition is priced at ₹49,999 for the 16GB RAM/256GB storage variant. In contrast, the standard OnePlus 12R is priced at ₹45,999 for the same RAM and storage configurations, while the 8GB RAM/128GB storage variant is priced at ₹39,999. The latest OnePlus smartphone will go on sale from March 19 and will be available on Amazon, OnePlus.in and select OnePlus Experience Stores from March 19. The OnePlus 12R Genshin Impact Edition can be purchased at a discount of ₹1,000 using the OneCard, while an exchange bonus of ₹3,000 is also available on the purchase of the new smartphone. The OnePlus 12R Genshin Impact Edition comes with numerous design changes inspired by the character of Keqing and is available in the only 'Electro Violet' colour variant with the word Keqing inscribed on the bottom of the smartphone. The smartphone comes in a collectible gift box with a special Keqing themed case, a customised charging cable and adapter, and a distinctive Lighting Stiletto design on the SIM tray. OnePlus is also bringing many UI changes with the OnePlus 12R Genshin Impact Edition, including a special charging animation, live wallpaper and Always On Display elements. The phone's hardware remains the same as the usual OnePlus 12R, including a 6.78-inch AMOLED ProXDR display with support for LTPO4.0 and the Qualcomm Snapdragon 8 Gen 2 chipset underneath. The smartphone is paired with the Adreno 740 GPU to handle any graphics-intensive tasks, and comes with a massive 5,500mAh battery that can be fast-charged via the 100W SUPERVOOC charger provided inside the box. In terms of optics, the phone houses a 50MP Sony IMX890 primary sensor with support for OIS and EIS, an 8MP ultra-wide-angle lens and a 2MP macro lens. There is also a 16MP front-facing camera on the smartphone to meet all the selfie and video calling needs. The camera app on the OnePlus 12R comes with a host of features including Interval Shooting, Nightscape, Hi-Res Mode, Pro Mode, Movie Mode, Ultra Steady Mode, Dual View Video, Portrait Mode, Video Portrait, Pano, Macro, Slo-mo, Time Lapse, Long Exposure, Text Scanner and more.  

Published 01 Mar 2024 09:42 PM

Hyundai eyeing monthly Creta sales of 16,000 units with introduction of N Line version

Hyundai eyeing monthly Creta sales of 16,000 units with introduction of N Line version

Hyundai Motor India is aiming to sell almost 16,000 units of the Creta every month with the introduction of the N Line version, according to a senior company official.Already the mid-size SUV segment leader, the Creta clocked wholesales of 13,212 units in January and 15,276 units in February, the best-ever monthly sales recorded by the vehicle since its inception in India in 2015. "With N Line, the Creta volume is going to be around 15,000-16,000 units," Hyundai's Chief Operating Officer Tarun Garg said during the February 2024 sales call. "We feel that the Creta N Line will be a very strong product for us, considering the profile of young Indian customers. It will have a dynamic driving experience. It will also be unique in terms of people wanting a customised car. The Creta N Line will provide that kind of feeling," he added. Regarding the response to the Creta, Garg said it has already garnered 75,000 bookings with the petrol variants receiving 57% of bookings and 43% going for the diesel. Depending on the variant, the waiting period on the Creta is from 8-24 weeks. It is slightly higher for the diesel automatic variants.Garg also pointed out that the demand continued to be robust for top variants of the Creta with the entry-level variants witnessing less than 10% of the bookings. Overall, Hyundai has 97,000 pending bookings with almost 50% in favour of Creta. Apart from the Creta, Hyundai sells SUVs like the Exter, Venue, Venue N Line, Alcazar, Tucson, Kona Electric and Ioniq 5. "This year, we are looking at a 65% contribution to our domestic volume from SUVs. We have started on a very strong note and are already close to 67% during the first two months. For the industry, the SUV share was 52% for January and February combined," Garg said. Hyundai recorded its highest-ever annual volume in the domestic market in 2023 at 602,111 units with the SUV segment contributing 60%.In February, the company sold 50,201 units in the domestic market with the rural areas making up over 20% of the volume for the first time. "The rural penetration crossed 20% for the first time in the history of Hyundai in February. Before that, we were hovering around 17-18-19%. The rural market is slowly becoming a very strong contributor to the company's volume," Garg observed. Terming the company's current inventory level as 'optimum', he said: "We are on an inventory of three weeks. Our inventory is around 40,500 units."  

Published 01 Mar 2024 09:40 PM

BYD’s Yangwang U9: New electric supercar rivals Ferrari, Lamborghini with 1,287 BHP

BYD’s Yangwang U9: New electric supercar rivals Ferrari, Lamborghini with 1,287 BHP

Chinese electric vehicle (EV) manufacturing company BYD has globally unveiled its latest creation, the Yangwang U9. This new electric supercar is set to challenge established brands like Ferrari and Lamborghini. The U9 is priced at 1,680,000 yuan ($233,400), making it a competitive option in the supercar market.Yangwang is BYD’s recently launched sub-brand. The unveiling of the U9 supercar and the U8 off-road SUV marked the brand’s debut. The U8 has already hit the Chinese market, retailing for around $140,000 and competing with the Mercedes-Benz G-Class and Land Rover Defender.The U9 supercar boasts dimensions similar to the Lamborghini Aventador, measuring 4,966 mm in length, 2,029 mm in width, and 1,295 mm in height. It’s powered by four electric motors, delivering a total power output of 1,287 BHP and 1,680 Nm. This allows the U9 to accelerate from 0-62 mph in just 2.36 seconds.While BYD has yet to release the exact range of the U9, the company claims that its 800V architecture allows for fast charging from 30% to 80% in just 10 minutes. This quick charging capability could be a game-changer in the EV market.The U9 is equipped with 12 sets of multifunctional aerodynamic kits, an active diffuser, a 4-step adjustable rear wing, and a first-of-its-kind “self-developed racing assistant” covering 30 tracks across China. These features enhance the driving experience and performance of the U9.Inside, the U9 features three screens: a 10.25-inch digital instrument cluster, a 12.3-inch central infotainment unit, and a 10.25-inch passenger screen. These high-tech features provide a luxurious and interactive experience for both the driver and passengers.  

Published 01 Mar 2024 09:40 PM

Mahindra Thar Earth edition launched, price starts at Rs 15.40 lakh

Mahindra Thar Earth edition launched, price starts at Rs 15.40 lakh

Homegrown SUV major Mahindra & Mahindra has launched the Thar Earth edition at a starting price of Rs 15.40 lakh (ex-showroom). This special edition model is being offered in both petrol and diesel options with manual and automatic transmission choices in the top-spec LX Hard Top 4x4 variant.The Thar Earth edition gets a 2.0-litre mStallion 150 TGDi petrol engine (150bhp/320Nm) and a 2.2-litre mHawk 130 CRDe diesel engine (130bhp/300Nm). The transmission options include 6-speed MT and 6-speed AT. While 4WD is standard in the Thar Earth edition, there is no option for RWD. The Thar Earth edition is being offered in a satin matte 'Desert Fury' finish. There are dune-inspired decals on the doors and rear fender with silver alloys and matte black badges. You find 'Earth Edition' badge on the B-pillars.The interior of the Thar Earth edition is inspired by dunes, having a black coloured base and light beige accents. You get beige leatherette seats, featuring dune designs on the headrests. The cabin is further enhanced with 'Desert Fury' inserts on the AC vents, steering wheel, centre console accent and the Thar branding on doors. Each of the Thar Earth edition SUVs will come with a unique numbered decorative VIN plate starting with serial number 1.    

Published 01 Mar 2024 09:39 PM

Govt Very Much With Startups, Fintechs: FM Sitharaman

Govt Very Much With Startups, Fintechs: FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday assured the startup community of the central government's unwavering support amidst regulatory scrutiny faced by some of the country's leading startups in recent times.Addressing concerns raised by startups, particularly in the Fintech sector, during a media event in Bengaluru, Sitharaman stressed the importance of regular support and clarifications from regulators to facilitate innovation without being bogged down by governance and compliance issues. Sitharaman revealed that she had a meeting with combined representatives of many startups a “couple of days ago” to understand the concerns after they wrote a letter to the FM. She acknowledged the anxieties expressed by startups during a recent interaction and said, “I’ve had an interaction with startups, particularly the Fintech ones, to understand with what anxiety they wrote that letter to me. It was a fantastic conversation.” She said that there was a need for startups to have dedicated support teams for compliance matters, ensuring that innovation efforts remain unhindered. “I was very glad they voiced the concerns and they may indirectly come out of what is happening. But the regulators were all there with me and they have really understood and they've connected with them,” Sitharaman remarked. “Let me be upfront and say the concerns were not emanating from Paytm’s issues. It was more on regular support that they may need from the regulators, clarifications, which are periodically required, because their core business is not governance and compliance related issues,” she added.It is believed that this meeting had happened in the wake of the RBI’s action against Paytm Payments Bank, which has heightened attention on regulatory compliance within the fintech startups in India. The meeting saw representatives from various prominent entities in both the private and public sectors in attendance. Among those representing the private sector were individuals from notable companies such as Policybazaar, MakeMyTrip, Razorpay, PhonePe, Google Pay, Amazon Pay, CRED and venture capital firm PeakXV. Additionally, key figures from the public sector, including SBI Chairman Dinesh Khara and officials from NPCI, Canara Bank and Bank of Baroda, were reportedly also present. During the Bengaluru event, the Finance Minister said she had proposed practical solutions to address startup concerns, suggesting monthly virtual conferences with regulators like the Reserve Bank of India (RBI). Sitharaman said, “I did tell the RBI that once in a month on a dedicated day, they should do a virtual conference with startups, particularly Fintechs, so that they can answer questions and after that put that as a FAQ, so that others who did not attend, can (still) benefit from it.” Sitharaman reassured startups that the government stands firmly behind them and said, “The government is very much with these startups. We want you to be assured that you will be given all assistance." She ended by stressing on the need to simplify compliances and provide necessary assistance to ensure a conducive environment for startups to thrive. Earlier on Wednesday, The Reserve Bank of India (RBI) introduced an elaborate framework for a 'regulatory sandbox,' aimed at creating a secure environment for emerging fintech startups to experiment with their product ideas before launching them in the market. In a statement issued by RBI, the central bank said that a sandbox setup will enable regulatory authorities to collaborate with startups and formulate regulations that foster innovation, thereby facilitating the provision of cost-effective financial products. The oversight of this sandbox initiative will be under the purview of the fintech division within the RBI.   

Published 01 Mar 2024 09:39 PM

BJP can win ‘double digit’ number in Kerala if…: Shashi Tharoor crunches number ahead of Lok Sabha polls 2024

BJP can win ‘double digit’ number in Kerala if…: Shashi Tharoor crunches number ahead of Lok Sabha polls 2024

Mocking BJP's claim that it will secure seats in double digits in Kerala in the upcoming Lok Sabha polls, Shashi Tharoor stated on Wednesday, that the only way they could achieve a ‘double digit’ in Kerala would be by obtaining two zeros."Otherwise, there is only one digit coming the BJP's way in Kerala, and that is zero," Tharoor told media. Prime Minister Narendra Modi, during his speech at the BJP meeting in the state, urged voters to vote for the saffron party so that it can win double digits in the upcoming Lok Sabha polls 2024. Commenting on the claim, Thiruvananthapuram MP told ANI, “"I don't think the BJP is going to win a single seat in Kerala. Their strongest performance has always been in Thiruvananthapuram... I am not expecting that they will be anything better than that this time around either. Everywhere else, we have strong candidates." The Thiruvananthapuram MP cited that BJP's reach in Kerala is limited as the saffron party is yet to understand the culture and history of the state. He adds, "I think the BJP's support base is limited in our state. Their kind of appeal is based on Hindutva, Hindi, Hindu and Hindustan- their kind of message does not fly very well here in Kerala." Noting that people of different faiths cohabit peacefully, he said, as reported by PTI, "We have had more than 2,000 years of living together. Our relationship with each other is one of welcome and acceptance," Tharoor said. Kerala welcomed Jews when they came here after the destruction of the First Temple by the Babylonians, which is about 500 years before Christ was born.“Today, Jews tell me this is the only Jewish Diaspora that never knew a single instance of anti-Semitic persecution in the world." On the Christian and the Muslim community in the state, he added, “Similarly, Christianity came with St Thomas, St Thomas of the apostles, it was again welcomed and spread. Then we had Islam coming, not by the sword." “You see, the problem in the north is that they think their history is the only history. We have traders from the Arab world coming to Kerala centuries before the Prophet, and they brought the message of the Prophet as news from their peninsula"  

Published 01 Mar 2024 09:38 PM

Rajya Sabha Election 2024: Congress seeks disqualification of 6 MLAs who cross-voted, say sources

Rajya Sabha Election 2024: Congress seeks disqualification of 6 MLAs who cross-voted, say sources

Rajya Sabha Election 2024: The Congress party has moved Himachal Pradesh Speaker seeking disqualification of six rebel MLAs who cross-voted on Tuesday, according to sources.The move comes a day after these six MLAs cross-voted and helped BJP candidate Harsh Mahajan win a Rajya Sabha seat from the hill state. Congress is in power in Himachal Pradesh and has 40 MLAs, besides the support of three independent MLAs, in the 68-member house. Despite the numbers, the Congress candidate Abhishek Manu Singhvi lost the Rajya Sabha seat. Singhvi conceded his defeat and 'thanked' the MLAs who cross-voted leading to the victory of Harsh Mahajan. Victory tilted towards Mahajan after a draw of lots was held as a tie-breaker. "I would also like to thank the nine persons (MLAs) because they have taught me a lot about human nature, its fickleness or its resoluteness. They supped with us...So, I think we are bad judges of human character, they are obviously better judges of human character," he said.The cross-voting by the MLAs has left the state government in crisis with the Opposition BJP claiming that the Congress government has lost the majority in the house. Seeking disqualification of rebel MLAs is seen as ruling party's move to save its government. Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania met Governor Shiv Pratap Shukla at Raj Bhavan on Wednesday amid political upheavals in the state. The development comes amid a buzz over the BJP bringing a motion of no-confidence in the assembly against the Congress government in the state during the state's Budget Session which is set to begin today. The Congress has 40 MLAs while the BJP has 25 in the 68-member Himachal Pradesh state assembly. The remaining three seats are held by independents.  

Published 01 Mar 2024 09:38 PM

India’s emergence as chip manufacturing hub no longer a distant dream, say experts

India’s emergence as chip manufacturing hub no longer a distant dream, say experts

Marking a big milestone in India’s decades-old dream of becoming a semiconductor nation, the Centre has approved the proposal for India’s first commercial chip fabrication plant. The development comes two years, two months and 14 days after the government introduced the programme for the Development of Semiconductors and Display Manufacturing Ecosystem in India with a total outlay of Rs. 76,000 crores. Industry hails the development stating this is just the beginning with many more approvals to follow.Of the three proposals approved, the first is of Tata Electronics Private Limited, which will set up a semiconductor fab in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC) in Gujarat’s Dholera. Investment in this fab will be Rs 91,000 crore. The fabs capacity is pegged at 50,000 wafer starts per month (WSPM). The second proposal approved is also of Tata Group but for Assembly and testing. Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam with an investment of Rs.27,000 crore. For this, TSAT semiconductor is developing indigenous advanced semiconductor packaging technologies including flip chip and ISIP (integrated system in package) technologies. With the capacity of testing and packaging 48 million per day, the plant will cover automotive, electric vehicles, consumer electronics, telecom, mobile phones and other segments. The third proposal approved was CG Power’s OSAT in partnership with Renesas Electronics Corporation, Japan and Stars Microelectronics, Thailand. This plant will be setup in Sanand, Gujarat with an investment of Rs 7,600 crore. The CG power semiconductor unit will manufacture chips for consumer, industrial, automotive and power applications and will have a capacity of 15 million per day. Pankaj Mohindroo, Chairman of ICEA says, “The emergence of Bharat as a global semiconductor manufacturing destination no longer seems to be a distant dream. By 2027 we will have the FAB and OSAT units producing. By the end of the decade we may have more than 10 fabs and 20 OSAT units in production besides many semiconductor  product design companies.” Satya Gupta, President, VLSI Society echoes the sentiment saying “The announcement of the approval of Tata and CG Power proposals is fantastic. We are on the Fibonacci path, 1 company in 2023, 2 companies in 2024 and hopefully 3 in 2025 and 5 in 2026. Next we need compound semiconductors fabs producing GaN and SiC devices. By 2030, India will become a significant Semiconductor Product Nation.” Approvals aside, what’s even more important is the timeline India is looking at for commencing construction. Ashwini Vaishnaw, Minister, Ministry of Electronics & IT stated that all three units will start construction within next 100 days. “The most important thing that the world has noted as part of first-of-its-kind sweeping approval by Union Cabinet is that, the government of India has committed to get started (i.e. construction) all the Fab and OSAT projects approved within 100 days – that’s a best in class industry benchmark set by India, which was showcased last year with Micron’s approval by Cabinet and in less than 3 months starting construction for Micron’s ATMP site in Gujarat,” says Danish Faruqui, CEO, Fab Economics. “India is now committed to replicate the Micron success with Tata’s Fab, OSAT and CG Power’s OSAT within 100 days – that’s a very important message for the world and players across semiconductor value chain,” he adds. Per Fab Economics Global Semiconductor Policy Council R&A, such speedy regulatory approval benchmark (100 days) has so far been displayed only in India and Japan in the world.      

Published 01 Mar 2024 09:37 PM

Sebi moves to restrict inflows into small- and mid-cap mutual funds

Sebi moves to restrict inflows into small- and mid-cap mutual funds

India's market regulator has asked money managers to consider restricting one-off investments from clients in small- and mid-cap stock mutual funds and cut commissions offered for their sale, two sources with direct knowledge of the matter said.The Securities and Exchange Board of India (Sebi) communicated this to the money managers in a meeting earlier this month, the sources, who included a regulatory official, said. The regulator did not specify the quantum of flows it wants restricted, they said. Sebi's communication shows heightened regulatory concern on the surging inflows into Indian small- and mid-cap mutual funds and any potential ripple effects on the financial system if investors suddenly started to yank their money from them. In India, small-cap stocks are defined as those with market capitalisation of less than Rs 5,000 crore ($603.05 million) while mid-cap stocks are those with market values of between Rs 50 crore and Rs 20,000 crore. Small- and mid-cap stocks are generally less liquid compared to their large-cap peers. Assets managed by small-cap funds in India vaulted 86.5 per centover a 10-month period to Rs 2.48 trillion ($29.92 billion) as of end-January and mid-cap funds jumped 58.5 per centto Rs 2.9 trillion . Their assets were not much lower than the Rs 2.99 trillion managed by large cap funds. The Nifty small-cap 100 index has surged 74 per centover the past 52 weeks and the Nifty mid-cap 100 index is up 60.86%, as of Wednesday's close. Those gains far exceed the benchmark Nifty's 26.21 per centrise over the same period. "A nudge to institutional investors such as mutual funds will help soothe extraordinary exuberance building up particularly in small and mid-cap stocks," the regulatory official said. Sebi did not respond to an emailed request for comment. The market regulator's communication to money managers about one-off investments is not an official order. The industry has in the past almost always complied with messages from Sebi. India's mutual fund assets have grown significantly over the years as investors have bought systematic investment plans that make regular contributions towards their portfolios. But domestic investors are also increasingly pumping in one-off, or lumpsum, funds to take advantage of the soaring stock market.    

Published 01 Mar 2024 09:36 PM

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

  India's top conglomerate Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world's most populous nation.  Reliance, led by Asia's richest man Mukesh Ambani, will inject $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake. Disney will hold about 37%, the companies said in a joint statement.  For Disney, the merger follows its long-drawn struggle to arrest a user exodus from its bleeding India streaming business and financial strain caused by billions of dollars in Indian cricket rights payments, in another example how foreign businesses can struggle to grow in India.  The merger values the India business of the US entertainment giant at just around a quarter of the $15 billion valuation when Disney acquired it as part of its Fox deal in 2019, sources have said. The companies said the transaction values the merged venture at around $8.5 billion on a post-money basis. They did not explain how they arrived at such valuation.  Together, the Reliance-Disney merged entity will have 120 TV channels and two streaming platforms, helping Ambani eclipse rivals such as Japan's Sony, India's Zee Entertainment and Netflix in the country's $28 billion media and entertainment sector.  Reliance said Nita Ambani, wife of Reliance boss Mukesh Ambani, would chair the board of the combined entity, and former top Disney executive Uday Shankar would serve as vice chair.  "The JV will be one of the leading TV and digital streaming platforms for entertainment and sports content in India, bringing together iconic media assets across entertainment," the companies said in a joint statement.  The deal comes when Disney is facing pressure globally to streamline its businesses. Bob Iger returned as Disney chief executive in November 2022, less than a year after he retired, and has since restructured the company to make the business more cost effective.  Still, Disney is up against activist billionaire investor Nelson Peltz who is pushing the home of Mickey Mouse to cut costs, create a profitable streaming business globally, improve the performance of its movie studio, and clean up its succession planning.  Iger in November said the company would like to stay in India, but it was considering its options. "Reliance has a deep understanding of the Indian market and consumer," Iger said in the statement on Wednesday, adding the deal will allow "us to better serve consumers with a broad portfolio of digital services and entertainment and sports."  

Published 01 Mar 2024 09:36 PM

Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?

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

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