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Interest subvention likely to push energy efficiency among MSMEs
The power ministry has begun discussions on offering interest subvention under the Assistance in Deploying Energy Efficient Technologies in Industries & Establishment (ADEETIE) Scheme for adoption of energy efficient technologies, people aware of the developement said.
Naidu concludes his Delhi visit; emphasises on Centre's support to develop Andhra
AP CM N Chandrababu Naidu met PM Narendra Modi to seek support for post-bifurcation challenges, emphasizing a seven-point agenda and Amaravati projects. Naidu aims to attract investors, manage the opposition YSR Congress, and link Krishna-Godavari rivers. He prioritizes a business-friendly environment and will present Andhra's opportunities at the World Economic Forum.
Shriram Life Insurance launches Deferred Annuity Plan
Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity payments commence. Providing a Return of Purchase Price, it ensures financial independence, particularly for entrepreneurs not under social security. Premium is refunded upon terminal illness or death, stated MD and CEO Casparus J H Kromhout.
Hardik Pandya's sister-in-law celebrates cricketer's T20 WC win; fans question Natasa Stankovic's absence
Pankhuri Sharma, sister-in-law of cricketer Hardik Pandya, recently celebrated his T20 World Cup 2024 victory with a heartfelt Instagram tribute. Her post praised Hardik's resilience and included photos of their joyful moments together. Despite the celebrations, questions arose about the absence of any public acknowledgment from Hardik's wife, Natasa Stankovic, amid ongoing rumors about their relationship.
Biden heads into a make-or-break stretch for his imperiled presidential campaign
Later, during evening fireworks, he stood on the balcony with his family and Vice President Kamala Harris and her husband, Doug Emhoff, in a clear show of support. Harris at one point grabbed Biden's hand and held it high in the air, and later the two hugged. In a Wednesday night meeting with Democratic governors, Biden acknowledged that he needs to get more sleep and limit evening events so he can turn in earlier to be rested for the job, according to three people familiar with the meeting, who also spoke on condition of anonymity.
Chandrababu Naidu meets PM Modi, seeks Central govt's support for Andhra Pradesh
Andhra Pradesh Chief Minister N. Chandrababu Naidu met with Prime Minister Narendra Modi to seek support for the state's development. Naidu requested enhanced assistance if special category status cannot be granted. During his two-day visit to Delhi, he also discussed state-specific issues with Union Ministers Nitin Gadkari and Piyush Goyal.
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Stock Radar: Cholamandalam Finance Holding hits fresh record high in July; time to buy or book profits?
Cholamandalam Financial Holdings stock is poised for remarkable growth, breaking free from a volatility pattern to soar towards the 1700 target. Investor interest surges as bullish momentum indicators align, with a strategic stop loss at 1270 ensuring risk management. The stock's chart structure and ratio analysis against NIFTY only reinforce its upward trajectory.
Want continuity of policy supporting EVs for next 8-10 yrs: Mercedes-Benz India MD & CEO
Mercedes-Benz India's CEO Santosh Iyer emphasized the need for long-term policy continuity supporting electric mobility for 8-10 years to plan better for zero-emission vehicles. He highlighted the company's increased EV penetration and upcoming launches, urging clarity on GST benefits and infrastructure investments in the Union Budget for sustained growth and commitment to emissions-free mobility.
Stock Radar: Hindustan Unilever could hit fresh record high in July series; here’s why
Hindustan Unilever is poised for growth, supported by strong technical indicators and positive derivatives data. With potential for fresh highs, the stock is showing resilience after a short correction and is expected to perform well in the July series.
Natural Environment Solutions enters Indian data centre industry with 5 MW facility in Pune
Natural Environment Solutions Pvt Ltd (NES) on Tuesday announced its foray into the Indian data centre industry with a 5 MW facility in Pune and said it plans to scale up to over 100 MW of data centre capacity across the country in the next three years. ' NES will set up the 5 MW capacity data centre in Hinjewadi, Pune.
Tech View: Nifty bulls using intraday dips to go long. Here’s how to trade on Tuesday
Positive chart pattern like higher tops and bottoms is intact. The underlying trend of Nifty remains positive. The market is racing towards the next upside target of 24,400 levels in the near term. Immediate support is placed at 23,980 levels, said Nagaraj Shetti of HDFC Securities.
Is it safe to attend Pride events in New York? Here's what NYPD officials are saying
The New York Police Department's Intel Bureau, in a statement, has recently warned New Yorkers around possible incidents of violence in Pride March and Pride-related events happening this week as LGBTQIA+ community members could be targeted by violent extremists, say reports. In previous instances too, there have been cases of violence during Pride events.
Why has Taiwan issued a travel advisory to its residents visiting China?
China has threatened to execute residents of Taiwan who support its independence. This is the yet another move by China aimed at intimidating Taiwan. Taiwan has issued a travel advisory to its residents visiting China.
Isha Ambani shares her IVF story of conceiving twins, calls Radhika Merchant a 'close confidante'
Isha Ambani Piramal recently shared her experience of conceiving twins through IVF in an interview with Vogue India, aiming to dispel the taboo around the procedure. She emphasized the importance of normalizing IVF, noting the physical and emotional challenges involved. Isha highlighted the support of her close female friends, including her sister-in-law Shloka Mehta and Radhika Merchant.
The first Joe-Don presidential debate tells us more about the state of the US than the next POTUS
This was the first time a POTUS and an XPOTUS were trading shots -- at one point, golfing shots. ‘I’m happy to play golf with you if you carry your own bag,’ 81-yr-old Biden said to 78-yr-old Trump. ‘Think you can do it?’ But a TV debate like this overturns the old WYSIWYG jungle proverb. Instead, it was WYGIWYS – What You Got Is What You Saw. America having to choose between two has-beens running on spare fossil-fuel.
Tech View: Nifty breaks 4-day winning streak. Here’s how to trade next week
Nifty ended Friday’s session with a loss of 34 points and broke the four-day winning streak by forming a small-bodied red candle.
Google Translate to soon add 110 languages with help of AI
Google Translate will soon use its large language model PaLM 2 to support 110 languages, its largest expansion ever. The tech now supports 243 languages in total.
Darshan finds support in Naga Shaurya amid murder trial. Telugu star defends his ‘generous & kind hearted anna’
Darshan, along with his alleged accomplice and rumored girlfriend Pavithra Gowda, and 16 other suspects are currently behind bars. Police reports indicate that the victim, Renuka Swamy, had been sending inappropriate messages and explicit images of his genitalia to Gowda. Renuka, like many other fans, believed that Gowda was the reason for the discord between Darshan and his wife, Vijayalakshmi.
Viability gap funding set to boost offshore wind energy space: Crisil
The government's outlay, announced on June 19, includes Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy projects of 500 MW each off the coast of Gujarat and Tamil Nadu. It also has Rs 600 crore for augmentation of two ports to meet the logistics requirements for offshore wind energy projects farms and encourage developers to enter this space.
Tech View: Short covering rally takes Nifty beyond 24K. Here’s how to trade on Friday
The underlying trend of Nifty continues to be positive. A sustainable move above 24000-24100 levels could pull Nifty towards another Fibonacci extension resistance of around 24380-24400 levels in the near term.
Mumbai customer orders Sparx slipper 6 years ago, Flipkart tells customer it's 'arriving today', conversation goes viral
Ahsan Kharbai's six-year wait for his Flipkart order of Sparx slippers became a social media sensation after he received an unexpected call from the platform's customer support. Despite the order showing perpetual delays, Kharbai's humorous recounting of the incident online sparked discussions about e-commerce logistics and customer service challenges.
Don't leave your crease: ICICI Bank asks UPI users to follow cricket strategy to stay safe from frauds
ICICI Bank issued a warning about rising fake UPI payment scams, urging caution through social media. They shared a video advising users to verify unexpected UPI notifications carefully to avoid scams where scammers claim to have sent too much money and pressure victims to return excess amounts urgently. This alert coincides with a significant increase in digital payment fraud cases reported by the RBI. ICICI Bank encourages prompt reporting of cybercrimes and offers tips to protect against fraudulent transactions.
Three state insurers may get Rs 5,000-cr infusion for revival
The Indian government may delay the planned privatisation of state-run general insurers, instead focusing on strengthening three insurers - Oriental Insurance Co. Ltd, National Insurance Co. Ltd, and United India Insurance Co. Ltd - through capital support and business revival plans. The government is expected to infuse about ₹5,000 crore into the insurers this fiscal, shelving any privatisation plan this fiscal.
Meity tells EPFO to prioritise the revamp of its IT infrastructure
In a letter dated June 18, 2024, Meity urged EPFO to fast-track development of the De-Novo system saying the current technology stack and support platform is already on the verge of obsolescence. Further, it said that there is an imminent need to revamp the unified portal application of EPFO along with augmenting the supporting infrastructure setup to support the software system
Tech View: Nifty forms ‘3 Advancing Soldiers’ pattern. Here’s how to trade on Thursday expiry
Nifty ended Wednesday session 147.5 points higher and formed a new peak at 23,889 level to form a long bull candle on the daily charts.
Snapchat announces safety measures for teenagers. What does this mean?
Snapchat has announced a number of safety features to safeguard teenagers and allay apprehensions from a number of sides.
India may be supplying arms to Israel as 'return favor' for Kargil, claims Former Israeli Ambassador
Former Israeli Ambassador Daniel Carmon has indicated that India might be providing arms to Israel for its Gaza conflict, as a gesture of gratitude for Israel's support during the 1999 Kargil War. Reports claim India supplied drones and munitions to Israel, though India has neither confirmed nor denied these claims. The ongoing conflict has sparked protests in India, raising concerns about the support of Israel's military actions in Gaza.
Pre-Budget meet: Exporters to seek support measures to boost exports
Exporters are set to discuss fiscal support measures with Finance Minister Nirmala Sitharaman on Tuesday aiming to boost India's exports to USD 2 trillion by 2030. This goal encompasses both goods and services, reflecting a marked increase from the current USD 778 billion in 2023-24.
Paytm lays off employees as part of restructuring, facilitates outplacement support
Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.
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