PERIODS
Motilal Oswal Nifty India Defence Index Fund raises Rs 1,676 crore in NFO period
A new defense-themed fund has concluded its initial offering (NFO) with record-breaking success, marking the highest collection ever for an equity index fund. Units were allocated to investors on July 3rd, and the fund will reopen for further subscriptions and redemptions on July 9.
Putin tells Xi: 'Russia-China relations in best period in history'
Russian President Vladimir Putin and China’s Xi Jinping are due to meet on Wednesday at a summit of a Eurasian security and defence club seen by Moscow and Beijing as an instrument to counter the influence of the US and its allies. Putin and the Chinese president have expanded the Sh...
Freight earnings increase by Rs 1481 cr in June compared to same period of last year: Railways
Railways' freight revenue surged in June 2024 with a diverse cargo mix, showcasing growth in sectors like imported coal, iron ore, and clinker. The strategic focus on various goods, agile policy making, and the 'Hungry For Cargo' mantra have led to a significant improvement in overall earnings and service delivery.
Capital gain taxation in Budget 2024: Income tax rate parity, uniform holding period for long-term gain; what taxpayers want
Budget 2024 expectations: The present provisions of determining capital gains tax are complex and varied. The government has hinted at simplifying it, and the upcoming budget could be the perfect opportunity to make those changes. Here's how Budget 2024 can simplify capital gains tax for investors.
Chinese troops are going to stay at the disputed site along India border for longer period: US Report
China-India Border Tensions: Amid global focus on Ukraine, Gaza, and the South China Sea, tensions on the China-India border remain significant. Reports from the US Army War College and the US Annual Threat Assessment highlight the People's Liberation Army's (PLA) strategic positioning and infrastructure development along the Line of Actual Control (LAC) in Aksai Chin. These developments indicate a prolonged readiness for potential conflict, underscoring the importance of ongoing diplomatic efforts.
Police remand period continues to be 15 days under BNS: Union Home Minister Amit Shah
Union Home Minister Amit Shah clarified that the Bharatiya Nyaya Sanhita (BNS), effective Monday, retains a maximum 15-day police custody period akin to the IPC, countering misconceptions of an extension. He confirmed BNS allows for custody in segments within 60 days, addressing concerns on interrogation interruptions. Shah noted hat Gwalior's motorcycle theft marked BNS's debut, discrediting earlier Delhi vendor claims under the new laws.
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Fund Manager Talk | Higher interest rates for longer periods can upset bull market: Mihir Vora
Over the short to medium term ie: next 1-2 years, the markets would focus on earnings delivery as there is limited upside from valuations. Retail investors continue to invest regularly providing long-term support to the markets. We believe that his combination of fundamentals and liquidity will anchor a bull-market in stocks.
Car discounts make comeback after four long years of waiting in the auto industry
Car discounts have returned after four years of long waitlists, driven by changes in the automotive industry's pricing strategies. Dealers are ramping up production to meet high demand, especially for SUVs, and are offering substantial discounts across various models. Some discounts reach as high as Rs 1.5 lakh on specific models, including hatchbacks, sedans, and electric vehicles (EVs).
Savings down, financial liabilities up: RBI says household debt warrants close monitoring
The Reserve Bank of India highlighted rising household financial liabilities post-Covid, with overall savings dropping to 18.4% of GDP in FY23 from an average of 20% between 2013-22. Household debt, driven by increased retail loans, is mostly held by prime credit quality borrowers. Savings are now shifting towards physical assets and non-bank investments.
Babylon Berlin Season 5: Everything we know about filming, plot, cast and crew
"Babylon Berlin" receives the green light for its fifth and final season. Eight new episodes will be filmed this fall, continuing the story set in February 1933 as the Nazis seize power in Germany.
Taxpayers can amend sales return form before GST payment
GST taxpayers can now amend Form GSTR-1 with Form GSTR-1A before tax payment, ensuring accurate GSTR-3B filing. Partners like Abhishek Jain from KPMG appreciate the revision option, anticipating mechanisms like GSTR-2B for credit reconciliation. BDO India's Maulik Manakiwala highlights industry consultation, simplifying GST law and compliance, with exemptions for small taxpayers from GSTR-9/9A filings.
6 recent health insurance claim rule changes every policyholder should know
Insurers will have to clear a health insurance claim within three hours of receiving it from the hospital during discharge. Irdai has also given a window of one hour for clearing cashless claim requests at the time of admission. All you need to know about the recent health insurance claim norm changes by the insurance regulator.
Clearly inform customers about starting date of warranty period: CCPA to electronic appliance makers
CCPA Chief Commissioner Nidhi Khare urges electronic appliance manufacturers to clarify warranty start date and address consumer grievances promptly.
Scientists discover river system that flowed 40 million years under ice in Antarctica
Geologists have discovered an old river that formerly flowed through Antarctica but is now buried below kilometers of ice.
Power units' imported coal blending may be cut to 4%
India is considering reducing the mandatory blend of imported coal with locally produced fuel for thermal power units from 6% to 4-5% due to higher coal stocks at plants. The advisory on coal blending, extended in March to ensure power availability during peak demand, is set to expire on June 30.
Summer Solstice 2024: Who painted Stonehenge with orange? Know entire incident
The authorities warned thousands of people heading to Stonehenge for this year's summer solstice. About 8,000 gathered at the ancient site last year to celebrate the longest day of the year.
Government proposes export obligation period review for certain sectors
India allows duty free import of inputs used for manufacturing for exports subject in advance authorisation to export obligation period in which exporters have to ship the goods within a stipulated time period otherwise they’re penalised. The Directorate General of Foreign Trade (DGFT) has sought comments of all the concerned stakeholders on the proposed amendments within 15 days.
Dental appointments in Costa del Sol are cheaper than private clinics in the UK. Here is the reason
A women realised that travelling to Costa del Sol in Spain for a dental appointment is a lot cheaper than spending on a private clinic in the UK. This cost is cheaper including the appointment charges, flight tickets and an overnight stay. People are finding creative solutions to tackle the challenges of getting timely appointment at the NHS.
Why are netizens seeking a ban on Aamir Khan’s son Junaid’s debut film ‘Maharaj’?
‘Maharaj’ is a period drama set during the British Raj, chronicling the life and achievements of Karsandas Mulji, a highly esteemed journalist and social reformer from Gujarat. He is renowned for his victory in the Maharaj Libel Case, which arose from various misconducts by the priests of the Pushtimarg, or Vallabhacharya sect.
No moratorium on repayment of loans during trawling ban period, says Kerala govt
The Kerala government announced that no moratorium on loan repayment for fishermen has been granted during the ongoing 52-day trawling ban. However, Fisheries Minister Saji Cheriyan stated that measures such as free rations have been provided to fishermen's families from June 10 to July 31. Fishermen using mechanized vessels and those in related jobs, who are jobless during the ban, receive free rations and financial assistance of Rs 4,500.
‘Seven Samurai’: Akira Kurosawa's cult movie to hit theaters in 4K format, release date and other details
A classical movie based on a period of upheaval in Japanese history will re-enter the US theaters in July. It is expected to entertain the audience even after all these years.
Odisha govt reassures public amid confusion over Biju Swasthya Kalyan Yojana continuity
Governor Das expresses concern over BSKY confusion, instructs immediate action; Health department's helpline 104 available for complaints against hospitals denying BSKY treatment.
What is personal accident insurance
Personal accident insurance policy covers you against accidental death, injury and disability.
China fossils reveal that parrot-like feathered dinos once roamed the earth!
Unearthed in northeastern China, the nearly complete fossil, dating to roughly 130 million years ago, is of a juvenile Psittacosaurus (pronounced SIT-ak-oh-sawr-us), about 2-1/4 feet (66 cm) long and approximately 3 years old when it died. It was donated in 2021 to Nanjing University from a private collection.
PM Modi notches up over 200 rallies, roadshows as Lok Sabha poll campaign ends
Prime Minister Narendra Modi ended his whirlwind Lok Sabha poll campaign with a rally in Punjab's Hoshiarpur on Thursday, closing out his electioneering the way he began -- by focussing on a region where he has invested heavily over the years for the BJP to make a mark outside its strongholds. Modi notched up a total of 206 public-outreach programmes, including rallies and roadshows, since the Election Commission (EC) announced the poll schedule on March 16.
Congress claims PM Modi's 48-hr meditation trip violates model code of conduct, urges EC to stop its airing
The Congress on Wednesday alleged that Prime Minister Narendra Modi was trying to "circumvent" the silence period restrictions with his 48-hour meditation trip from May 30 in violation of the model code of conduct and urged the Election Commission to ensure that it is not aired by the media. A delegation of Congress leaders Randeep Surjewala, Abhishek Singhvi and Syed Naseer Hussain met the Election Commission and handed over a memorandum with complaints of alleged model code violations by the BJP.
Health insurance new rule: You will get full coverage during grace period even if premium is unpaid, mandates IRDAI
New health insurance rule: To bring some much-needed relief to health insurance policyholders, Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular on Health Insurance Business. Typically, most health insurance plans offer a grace period, a buffer to pay premium of your insurance policy. Earlier, health insurance grace period offered a buffer to pay premiums but no coverage for claims during that time. IRDAI's new rule mandates coverage during the grace period. What changes for the health insurance policyholders. How is this new move going to impact them? Read here to find out.
Maternity insurance: 5 things to know
Maternity Insurance is a type of health insurance policy that offers coverage for all pregnancy-related expenses.
Empowering senior citizens: The crucial role of health insurance in India
Recent IRDAI regulations in India aim to empower senior citizens through accessible health insurance options, including coverage for Ayush treatments, aggregate deductibles for cost-sharing, and comprehensive rider packages for additional benefits. Assessing needs and selecting the right plan are essential for personalized and comprehensive health coverage.
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