MAHARASHTRA DAY
Saturday bank holiday: Are banks open or closed this Saturday, July 6?
Saturday bank holiday: In India, are closed on the second and fourth Saturdays of each month, as well as on Sundays and national and regional holidays. However, on the first, third, and fifth (if applicable) Saturdays, private and public sector banks are open unless there is a specific holiday on that day. This schedule provides an insight into the banking operations in India.
Bank of Maharashtra, Uco report low deposit growth, while advances rose much faster
A day after the Reserve Bank of India (RBI) urged banks to bridge the gap between deposit and credit growth, two public sector banks, Bank of Maharashtra and Uco Bank, reported subdued deposit mobilisation. Both banks reported sub-10% deposit growth, while advances grew at high teen percentages year-on-year at the end of the first quarter, June 30.
Maharashtra Leader of Opposition in council Danve suspended for misbehaviour
The Maharashtra legislative council suspended Leader of Opposition Ambadas Danve for five days for using abusive language towards BJP legislator Prasad Lad during a session. The suspension motion was passed after repeated adjournments and protests, citing Danve's behavior as damaging to the council's dignity and warranting disciplinary action.
Retired army personnel drowns in Pune waterfall a day after Lonavala tragedy
A day after the tragic incident in Lonavala, where five people drowned near Bhushi Dam, another heartbreaking event occurred in Pune. Swapnil Dhawade, a 38-year-old retired army personnel from Pimpri Chinchwad, was swept away by strong currents while trekking in the Tahmini Ghat area. His body was found two days later in Mangaon, Raigad district, adding to the monsoon season's growing list of casualties in Maharashtra's Western Ghats.
Congress, Sena (UBT) and NCP (SP) to jointly contest Maharashtra polls: Sharad Pawar
The NCP (SP), Congress and the Shiv Sena (UBT) are constituents of the opposition Maha Vikas Aghadi (MVA), which was in power in the state from November 2019 till June 2022 before the collapse of the Thackeray-led government.
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TRADERS’ CORNER: A private bank and the holding company getting ready for 4 to 6% upmove
Momentum coming back to select stock from different sectors.
Holding company stocks rally up to 20%. Here’s why
Shares of holding companies like Bombay Burmah, Tata Investments, JSW Holdings and TVS Holdings rallied up to 20% on BSE on Monday as the Securities and Exchange Board of India (Sebi) introduced special call auctions with no price bands for price discovery of investment holding companies.
Titan, IndusInd Bank among 20 stocks to trade ex-dividend this week. Do you own any?
20 companies, including Nifty companies Titan and IndusInd Bank, have set record dates this week to determine dividend payouts. Shareholders buying stock at least one day before the ex-date are eligible for dividends under the T+1 framework, where ex-date and record date align in most cases.
Special call auctions to aid holding companies price discovery, narrow discounts
Sebi introduces special call auctions for price discovery of holding companies, narrowing the market-book value gap. Stocks like Kalyani Investment trade at 60-85% discount to book value.
Jarange given IV fluids as fast over Maratha quota issue continues on fifth day
Maratha Activist Manoj Jarange, on his fifth day of indefinite fast for Maratha reservation, began receiving intravenous fluids after a Maharashtra minister promised a resolution. Warning of stopping fluids if the issue isn't resolved, he demands Kunbis to be recognised as Marathas for quota benefits. Despite deteriorating health, Jarange vowed to continue his fight until the government meets their demands, including withdrawal of police cases against Maratha protesters.
Be ready for Maharashtra polls: Sharad Pawar to NCP (SP) workers on party foundation day
Sharad Pawar, NCP (Sharad Pawar) chief, urged party workers to gear up for the upcoming Maharashtra assembly elections, expressing confidence in securing power. Celebrating the party's 25th foundation day, he highlighted the NCP's recent success in winning 8 out of 10 contested Lok Sabha seats in Maharashtra as part of the opposition alliance.
Uddhav Thackeray will join Modi govt in 15 days after Lok Sabha poll results, claims MLA Ravi Rana
Amravati MLA Ravi Rana claims Uddhav Thackeray will join the Modi government in 15 days post Lok Sabha election results. Ravi Rana's wife Navneet Rana, the sitting MP from Amravati, contested on BJP's ticket.
Heatwave alert for next five days as highest temperature in India soars to 50 degrees, IMD's warning for 5 states
Severe heat wave conditions persist in northwest India, affecting regions like Western Himalayas, Madhya Pradesh, Vidarbha, and Chhattisgarh. Maximum temperatures recorded up to 50.0°C in Phalodi, Rajasthan. Significantly higher temperature reported across different regions. Severe heatwave conditions are expected to continue in the plains of northwest India over the next 4-5 days. Maximum temperatures ranged from 44-49°C in many parts of West Rajasthan and some other regions, significantly above normal by 4-6°C.
In another couple of days, even PSU banks could join the market rally: Sudeep Shah
Sudeep Shah from SBI Securities analyzes the smart rally in Nifty driven by banking, especially ICICI Bank and Axis Bank. The Bank Nifty is expected to rise to 48,700-48,900, supported by private sector banks. PSU banks may also join the rally soon. Shah also recommends two stocks -- Adani Enterprise and Axis Bank.
Buddha Purnima bank holiday 2024: Are banks closed today? Check state-wise list
Buddha Purnima bank holiday 2024: Many banks are closed today for Buddha Purnima, which is an important holiday for Buddhists around the world. Buddha Jayanti, also known as Vesak, is celebrated on the Full Moon Day of May (Vaisakh).
2024 Lok Sabha Phase 5 Elections May 20: Here's what's open and what's closed
The fifth stage of the 2024 Lok Sabha elections is set for May 20, encompassing 49 constituencies across eight states and Union territories, with polling stations open from 7 am to 6 pm. This phase will see voters from several key constituencies in Uttar Pradesh, Maharashtra, West Bengal, Bihar, Odisha, Jharkhand, Jammu and Kashmir, and Ladakh casting their ballots.
Ratan Tata urges Mumbaikars to 'vote responsibly' ahead of fifth phase polling on Monday
Commissioner of Police, Mumbai Vivek Phansalkar also urged the residents of Mumbai to come out and vote on Monday. In a post on X he said, "There are over 10 long weekends in 2024. But the opportunity to vote comes just once in 5 years! Food for thought?" Meanwhile, Bollywood superstar Salman Khan has made a strong pitch for people to exercise their franchise in the Lok Sabha elections, saying he does not miss exercise any day of the year and will not miss the opportunity to vote on May 20.
Sugar level shot up in jail, was denied insulin injections for 15 days, claims Arvind Kejriwal at Maharashtra rally
Delhi Chief Minister Arvind Kejriwal alleged that his sugar levels rose in jail and he was denied insulin injections. Speaking at a rally in Maharashtra, he criticized the BJP and suggested that Sharad Pawar and Uddhav Thackeray might face imprisonment if the BJP comes to power. The Tihar jail administration stated that Kejriwal had stopped insulin dosage on advice from a Telangana doctor prior to his arrest. Medical reports from RML Hospital indicated that Kejriwal was not advised insulin and was prescribed oral anti-diabetic drugs.
Third Eye: Preparing for the D-day, Campaign stuck due to traffic & Double heat event
Anjani Soren, sister of former Jharkhand chief minister Hemant Soren and president of JMM's Odisha unit, is contesting both the Lok Sabha and assembly elections in Odisha. While Anjani Soren is contesting from Mayurbhanj Lok Sabha seat, she is also contesting from Saraskana assembly segment in the Mayurbhanj district.
Maharashtra Day: Are banks, offices open in Maharashtra today?
Maharashtra Day celebrates the state's linguistic and cultural heritage. It is a day to remember those who fought for its creation and pay tribute to the leaders who led the movement for a separate state. So, is it a bank holiday today?
May 1 bank holiday: Are banks closed today? Check state-wise list
May 1 bank holiday list: The Reserve Bank of India (RBI) holiday list notes that on May 1, 2024, banks will be closed in some states in observance of Maharashtra Day and May Day. Here is a look at the states where banks are closed today.
Stock Market Holiday: Are Indian stock exchanges NSE and BSE open for trading today?
Indian stock exchanges NSE and BSE will be closed on Wednesday for Maharashtra Day. MCX will have no morning trading but will resume trading in the evening, while NCDEX will remain shut all day. As per the BSE holiday calendar, trading holidays have been announced on 14 days in 2024.
Maharashtra Day 2024: Wishes, quotes, messages, and images to share on Maharashtra Diwas
Maharashtra Day, observed on May 1 every year, commemorates the formation of the state of Maharashtra in 1960. This article explores the history, importance, and celebrations of Maharashtra Day, highlighting its significance for the Marathi people and the state's rich cultural heritage. Celebrations include parades, cultural events, and flag-hoisting ceremonies, bringing together people from all walks of life to celebrate Maharashtra's achievements and honor its eminent personalities.
International Labour day 2024: What's open and closed on May 1 in India?
Labour Day 2024: May Day promotes dialogue among social partners internationally. India commemorates 50 crore workers, with the first Labour Day celebrated in 1923. The day is marked under various names across Indian states, coinciding with Maharashtra Day affecting banks and markets.
Stock market holiday: Are BSE, NSE closed for Maharashtra Day tomorrow?
Equity markets will remain closed on Wednesday on account of Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed.
Bank holidays in May 2024: Banks are closed for 14 days across states; here is the state-wise holiday list for May
The Reserve Bank of India (RBI) designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks' Closing of Accounts.
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