Delhi Chief Minister Arvind Kejriwal has taken many by surprise with his announcement on Sunday that he intends to resign from his position within the next two days. Following his release on bail from Tihar Jail concerning the ongoing investigation into an alleged corruption case related to the excise policy, Kejriwal has expressed that he ...
The Joy of Ganesh Chaturthi: A Memorable Incident in Bengaluru As the festival of Ganesh Chaturthi is celebrated with great enthusiasm across India, Maharashtra remains at the heart of these festivities. This year, the immersion of Ganesh idols has begun, marking the conclusion of a jubilant celebration. However, an unusual incident involving a couple from ...
Surge in Electric Two-Wheelers in India The adoption of electric two-wheelers is rapidly gaining traction in India, with projections indicating a noteworthy increase in market share. As per a report by investment banking firm Jefferies, the share of electric two-wheelers is expected to escalate from the current 5% to an impressive 13% by the financial ...
Adani Group Secures Major Energy Supply Contract in Maharashtra In a significant development for Maharashtra’s energy sector, Adani Group has successfully won a competitive bid to supply a substantial 6600 MW of renewable and thermal power over a long-term period. The winning bid of Rs 4.08 per unit not only outpaced bids from major industry ...
In a significant political shift, Arvind Kejriwal, Delhi’s Chief Minister, has announced his resignation, asserting that he will refrain from occupying his position until he is acquitted of charges related to an alleged liquor policy scam. This announcement has sent ripples across the political landscape of Delhi, prompting his close associate, Manish Sisodia, to declare ...
In a dramatic turn of events, Delhi Chief Minister Arvind Kejriwal has announced that he will resign within the next two days. This announcement follows his recent release from Tihar Jail, where he was held after being implicated in a corruption case linked to the contentious liquor policy. His release came after the Supreme Court ...
A Tragic Accident in Meerut: House Collapse Claims Lives A devastating incident occurred in Meerut, Uttar Pradesh, when a three-storey house collapsed unexpectedly. This catastrophic event has resulted in the tragic loss of 10 lives, and concerns are growing as rescue teams continue to search for those potentially trapped under the rubble. Ongoing relief operations ...
Foreign Portfolio Investments Surge in Indian Markets In a remarkable turn of events, Foreign Portfolio Investors (FPIs) have infused a net amount of Rs 27,856 crore into the Indian stock markets in just the first 15 days of September. This upward trend is attributed to the resilience of the Indian economy and a growing anticipation ...
Understanding Stock Market Holidays: Eid-e-Milad Update As the festive season approaches, it’s important for investors and traders to stay informed about stock market holidays. This year, the Muslim community will celebrate Eid-e-Milad, marking the birthday of Prophet Muhammad on September 16. However, due to the coinciding festival of Ganesh Visarjan on September 17, the Maharashtra ...
Federal Reserve May Cut Interest Rates: What to Expect The Federal Reserve is poised to make a significant decision regarding interest rates on September 18, potentially implementing the first cut in over four years. As the US presidential election approaches, this move has sparked debates among policymakers regarding its timing and size. With inflation hitting ...
Arvind Kejriwal Announces Resignation as Delhi Chief Minister In a significant political move, Delhi Chief Minister Arvind Kejriwal has announced his intention to resign from the post. This declaration comes shortly after his release from Tihar Jail on September 13, a period that has drawn considerable attention and speculation from the public and media alike. ...
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 ...
