Daily Newsletter

Daily Newsletter
12 January 2023
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 60105.50 (-9.98) NIFTY 17895.70 (-18.45) GOLD (MCX 10 GM) 55800.00 (88.00) SILVER (MCX 1 KG) 68783.00 (420.00) USD ($) / INR(Rs) 82.26 (0.05)
Front Page EV alone can't achieve India's net-zero aim: Suzuki president Toshihiro Must consider alternatives like flex fuel and hybrid, says president of Japanese auto giant Thousands of flights grounded across US after FAA system outage A total of 1,230 flights were delayed within, into or out of the United States as of 7.19 am ET (1219 GMT), flight tracking website FlightAware ... PAN as single business ID set to get legal backing in Budget 2023-24 The provision will also ensure the mapping of PAN of an entity with multiple existing identifications. Accordingly, it will be notified under ... When journalistic standards drop, many stop following news: David Kenny David Kenny, head of Nielsen, talks to Vanita Kohli-Khandekar during his visit to India this week Auto Expo 2023: Automakers go all out with green offerings on day 1 The key highlight of the day was the unveiling of its first electric SUV, the eVX, by the country's largest carmaker Maruti Suzuki, which is ... 15% of dietary supplements of substandard quality, says FSSAI survey Shoddy products don't have health benefits and may cause diseases even, say experts Cost of living crisis, digital inequality among risks for India: WEF Global Risks Report lists cost of living crisis and climate change as biggest global risks At Rs 14.71 trn, direct tax collection hits 86.6% of FY23 target by Jan 10 The finance ministry issued refunds amounting to Rs 2.4 trillion till January 10 Cabinet clears Rs 2,600 cr to promote RuPay debit card, BHIM transactions The scheme was first announced in FY22 Budget with a financial outlay of Rs 1,300 crore 'RRR' bags first Golden Globe with 'Naatu Naatu' winning best original song SS Rajamouli's "RRR" struck gold at the 2023 Golden Globe Awards by winning the trophy for the best original songmotion picture for its hit ...
Companies Reliance Jio rolls out 5G service in five cities across Tamil Nadu Reliance Jio Infocomm has invested Rs 40,446 crore as it expanded the footprint in the Tamil Nadu with the unveiling of True 5G services in five ... SpiceJet passengers wait long at Delhi; airline says delay from crew Passengers of a Bengaluru-bound SpiceJet plane had to wait for a long time at the aerobridge at Delhi airport on Tuesday, with the airline ... Flipkart opens its 3rd and largest fulfillment center in Unnao district This facility will offer customers a wide-variety of close to 400 regional grocery products across more than 100 categories including household ... RBI grants in-principle approval for payment aggregator licence to EnKash Fintech startup EnKash has got in-principle approval from RBI for payment aggregator's licence, the company said on Wednesday » Read More Stories in Companies
Economy & Policy India, Japan to unite for digital transformation in green mobility: Gadkari India, Japan will undertake joint projects for digital transformation in the areas of ITS and eco-friendly mobility, Road Transport and Highways ... India eyes overseas copper, lithium mines to meet domestic shortfall To start with, India has identified one copper and two lithium mines in resource-rich Argentina to either acquire or secure long-term leases, ... India may exempt 30 GW of solar plants from equipment duty: Report In March 2021, the government announced 25% basic customs duties on solar photovoltaic cells and 40% on solar photovoltaic modules with effect ... India-US Trade Policy Forum to boost bilateral trade and investment The US is also the biggest FDI investor in India in terms of equity, as per the Reserve Bank of India's (RBI's) latest FDI data, with Rs 8.1 ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) CG Power & Indu. 299.15 3.26 Jindal Steel 604.35 0.88 BSE TOP GAINERS Company Price (Rs) Change (%) Greaves Cotton 142.75 7.57 Edelweiss.Fin. 67.70 5.21 BSE 52-WEEK LOW Company Price (Rs) Change (%) Atul 7698.00 -0.02 Biocon 251.50 -2.48 BSE TOP LOSERS Company Price (Rs) Change (%) Varun Beverages 1225.10 -4.83 Sona BLW Precis. 427.15 -4.55 Markets end on flat note amid unabated foreign fund outflows and weak trend In a highly volatile trade, equity benchmarks ended on a flat note on Wednesday amid unabated foreign fund outflows and a weak trend in index ... Securitisation volumes likely to jump to Rs 1.70 trn in FY23: Icra Securitisation volumes for FY23 can reach Rs 1,70 lakh crore, as against Rs 1,26,500 crore in FY22, a domestic rating agency estimated on ... A middling first year for silver ETFs; AUM at around Rs 1,500 cr by Nov end Brokerages have an upside bias for silver in 2023 as they see strong demand for the metal amid the global green energy push and rising ... Sebi imposes securities market ban on 8 entities for misusing client funds Sebi has barred 8 entities from the securities markets for up to seven years and imposed penalties totalling Rs 11.5 crore on them in a case ... » Read More Stories in Markets
Opinion Next level in AI New tools will require careful navigation Global wealth, Indian business Comparing India and China's Fortune 500 performance may not be entirely fair, but it offers some thought-provoking facts at a time when India is ... Delays, even with no jurisdiction Judicial overreach and appropriation of power are slowing the insolvency process Cut down on sugar Multiple levers are available to improve public health » Read More Stories in Opinion
Finance L&T Finance to increase retail loan portfolio to 75% of total loan book In the September quarter, the company's retail book for the first time crossed Rs 50,000-crore milestone Reasonable growth, attractive valuations for life insurers' stocks Analysts positive on most of the stocks, especially SBI Life, HDFC Life and LIC 10 NBFCs, 1 asset reconstruction firm defer registration certificates: RBI The Reserve Bank of India on Wednesday said 10 NBFCs and one asset reconstruction company have surrendered their registration certificates Rupee continues winning streak, gains 1.5% in 3 days on foreign flows Reduced dollar demand from oil firms, lack of RBI dollar buys prop up rupee » Read More Stories in Finance
Technology Russia to launch new capsule to return space station crew back to Earth Russian space corporation Roscosmos said Wednesday that it will launch a new spacecraft to take some of the International Space Station's crew ... India team a core innovation engine across Applied Systems: CTO Belanger India offered a large base of talented and capable engineers, said Rich Belanger, Chief Technology Officer (CTO) of Illinois-based Applied ... Budget 2023: Digital infra, cybersecurity spending critical for tech sector Apart from the direct expenditures, the government is also expected to extend the production-linked incentives for electronics manufacturing ... Apple working on MicroLED screens for use in iPhones, smartwatches: Report Tech giant Apple is reportedly working on its own MicroLED displays to use in devices such as the iPhone and Apple Watch » Read More Stories in Technology
PF Buy from rightful owner, don't trip up on titles when investing in a plot With prices on the upswing, a judiciously chosen plot can yield higher return than an apartment » Read More Stories in PF
Beyond Business Living the life, energy efficiently For those looking to live a cleaner and greener life, Energy Efficiency Matters is a ready reckoner offering easy practical steps to reduce ... » Read More Stories in Beyond Business
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