Himachal Pradesh Takes a Strong Stand Against Fake Liquor Sales The Himachal Pradesh government has recently enacted a groundbreaking law to combat the sale of fake liquor, making it the first state in India to implement such stringent measures. Chief Minister Sukhwinder Singh Sukhu announced that the state is taking decisive steps to address the ...
Overview of Market Movements Last week was a bullish period for the stock market, with the BSE Sensex rising by 1,707.01 points, or 2.10%. This increase in the index accompanied a significant surge in the market capitalization (m-cap) of 9 out of the top 10 most valuable companies in the Sensex, totaling an impressive increase ...
Recent Allegations Surrounding Religare Management In recent months, tensions have escalated significantly between the current management of Religare and the Burman family, marking a challenging period for the company. Serious allegations regarding violations of corporate governance practices have been exchanged between both parties, further intensifying the conflict. ED Action Against Management On September 6, the ...
Massive GST Evasion Detected in India for FY 2023-24 The Directorate General of Goods and Services Tax Intelligence (DGGI) has reported alarming figures regarding Goods and Services Tax (GST) evasion in the financial year 2023-24. A total of 6,084 cases of tax evasion have been identified, leading to a staggering detection of Rs 2.01 lakh ...
Ongoing Encounter in Poonch, Jammu and Kashmir An intense encounter has erupted early this morning, 15 September 2024, between Indian Army personnel and a group of terrorists in the Poonch district of Jammu and Kashmir. Reports indicate that a high-ranking commander of a prominent terrorist organization is believed to be among those trapped in the ...
Strong Growth in Housing Finance at Bajaj Housing Finance Atul Jain, the Managing Director of Bajaj Housing Finance, recently discussed the company’s robust growth trajectory within the burgeoning housing finance sector. He highlighted that over the past three years, the company has achieved an impressive compound annual growth rate (CAGR) of 31% in assets under ...
During a recent event in Nagpur, Union Road Transport Minister Nitin Gadkari revealed a surprising encounter with a senior opposition leader relating to the upcoming 2024 Lok Sabha elections. The leader extended an offer for Gadkari to accept the position of Prime Minister, an offer he decisively declined. “I have no desire for the position,” ...
Eid-e-Milad Holiday Postponed in Mumbai The Maharashtra government has announced a postponement of the Eid-e-Milad holiday in Mumbai. Initially scheduled for September 16, the holiday will now be observed on September 18, 2024. This decision was made following requests from local leaders of the Muslim community due to the overlap with Ganesh Visarjan, which occurs ...
Introduction The August 2024 employment report has revealed that the U.S. labor market is currently facing more challenges than analysts had anticipated. With bond yields reflecting traders’ unease and a projected 61.8 percent chance of recession in the next 12 months, markets are on high alert. This worrying trend marks the highest probability of recession ...
Upcoming IPOs This Week: The week starting September 16th will see an exciting influx of Initial Public Offerings (IPOs) as a total of 7 new IPOs prepare to enter the primary market. Among these, there are 2 offerings from the mainboard segment, along with 5 IPOs that have already opened for bidding. Additionally, the stock ...
Prime Minister Modi’s Visit to Jamshedpur: A Boost for Growth and Development On September 15, 2024, Prime Minister Narendra Modi is set to visit Jamshedpur in Jharkhand, an event that promises to bring significant advancements and benefits for the local populace. This visit underscores the government’s commitment to enhancing infrastructure and housing for millions of ...
Recent Developments in the Kolkata Doctor Rape and Murder Case The disturbing case of a Kolkata doctor, who was tragically raped and murdered, has taken a shocking turn as Sandeep Ghosh, the former principal of RG Kar Medical College and Hospital, has been accused of involvement in the crime. Ghosh, who is already in CBI ...
Gold Rate Today in India: On Sunday, September 15, the gold market in India has shown significant activity, with the price of 24-carat gold reaching approximately Rs 75,000 per 10 grams across major cities. Specifically, in Mumbai, the price is reported at Rs 74,890 per 10 grams, reflecting a substantial increase of Rs 2,000 over ...
Olive Oil: A Healthful Choice for Diabetes Management The rising number of diabetes cases globally necessitates a more careful approach to diet, particularly regarding cooking oils. Traditional refined oils can pose health risks for those suffering from diabetes. In contrast, olive oil emerges as a beneficial substitute, playing a crucial role in diabetes management. Its ...
Introduction In today’s world, starting your own business is often seen as a more lucrative option than securing a traditional job. In a country like India, the unemployment rate continues to rise, making job hunting increasingly challenging for young people. If you’re considering a viable business idea, launching a flour mill could be a great ...
Introduction The real estate market in Mumbai is witnessing significant developments, particularly with the recent strategic moves by leading firms. One of the notable players, Puravankara, has successfully acquired the redevelopment rights for the iconic Miami Apartments situated in the affluent Breach Candy area of South Mumbai. This acquisition is poised to make waves in ...
LG Electronics Plans Upcoming IPO for Indian Unit Introduction: LG Electronics, the renowned South Korean multinational, is set to launch an Initial Public Offering (IPO) for its Indian subsidiary. This move comes as part of the company’s strategic vision to bolster its consumer electronics business amidst competitive market dynamics. The anticipated IPO is expected to ...
Investing in Multibagger Shares: The Case of Shri Adhikari Brothers Introduction: The stock market is buzzing with excitement over Shri Adhikari Brothers, a company primarily known for its television network. This small-cap stock has generated extraordinary returns for its investors, transforming modest investments into substantial wealth in a remarkably short time. However, while the allure ...
Understanding the Potential of Bajaj Housing Finance In today’s financial landscape, identifying a multibagger stock is crucial for any investor looking to maximize returns. Recently, the spotlight has shifted towards Bajaj Housing Finance, a prominent player in the Non-Banking Financial Companies (NBFCs) sector. With strong growth metrics and a reputation for stability, it has been ...
Understanding Paytm’s Market Performance As investors continually seek lucrative opportunities in the stock market, Paytm has emerged as a hot topic of discussion. Recently, analysts have predicted a potential 25% rise in Paytm’s shares. In this article, we will delve into the factors contributing to this bullish sentiment and evaluate whether investors should hold onto ...
