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Last updated on 2 Oct,2023 02:08 PM
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Refresh- 2 new debit card, credit card rules applicable from October 1, 2023Debit card, credit card rules: At the moment, when you apply for a debit or credit card, the network provider is normally determined by the card issuer. The regulator intends to alter this procedure.
- Seven big OTT movie releases on Netflix, Hotstar, SonyLiv, MX Player and Zee5 this weekSeptember is bringing a wave of excitement to the world of OTT entertainment with a lineup of captivating movies set to premiere on various streaming platforms. From a biographical drama exploring the mind of Mahatma Gandhi's assassin to a lighthearted take on societal norms, viewers can anticipate a diverse mix of genres. Romance, suspense, action, and emotional journeys are all on the table with these highly anticipated releases. Get ready to be transported to new worlds of entertainment as these stories unfold on your screens.
- Think Exam: Leading the digital transformation of the learning and assessments industryThink Exam, a leading assessment company, aims to revolutionize talent management by offering innovative solutions for attracting, assessing, and onboarding skilled workers. They leverage their industry experience and understanding of emerging technologies to provide tailor-made solutions for effective talent management. Think Exam's services include digitizing traditional assessment methodologies, offering a wide range of assessments, and incorporating AI-enabled technology for security and customization. With a focus on innovation and customer satisfaction, Think Exam sets itself apart from competitors in the assessment industry. They also have partnerships with the Indian government for skill assessment initiatives and have expanded their presence globally.
- ET Soonicorns Summit 2023: Experts spotlight how entrepreneurs can leverage data and AI for business successInside the ‘Leveraging Data and AI for Business Success’ closed-door roundtable discussion at the Bengaluru edition of ET Soonicorns Summit 2023. From strategic insights to key learnings and principles shared by top industry leaders and visionaries, here are some of the pivotal drivers of data and AI-powered business transformation.
- Think Exam's pivotal role in transforming education, learning and assessmentsThink Exam, a technology-first assessment solution, has played a significant role in the digitization of India's education system. It offers a suite of assessment and learning solutions that empower educational technology platforms, educational institutions, and students. Additionally, Think Exam enhances the corporate talent lifecycle by providing solutions for pre-employment assessment, post-employment appraisal, and upskilling. Over the past 15 years, Think Exam has been instrumental in accelerating the digitization efforts of India's educational ecosystem, including conducting glitch-free government competitive examinations.
- Indian whisky is awarded the best in the worldIndri Diwali Collector’s Edition 2023, a whisky made in India, has been named the best whisky brand in the world by Whiskies of the World. The Indian peated class whisky beat over 100 international brands in a blind tasting competition. Indri Diwali Collector’s Edition 2023 is a peated Indian single malt made with six-row barley and matured in PX Sherry Casks. This is not the first award for Indri, as their Single Malt Trini has previously won several prestigious awards.
- Dr Devi Prasad Shetty’s tips for a healthy heart: Carbohydrate is the next villain, not oilDr Devi Prasad Shetty, Chairman & MD of Narayana Health, advises restricting carbohydrate intake and becoming spiritual for a positive impact on health. He emphasizes the importance of preventive check-ups, especially for those engaging in extreme sports. Shetty suggests wearing a smartwatch and walking 8,000 to 10,000 steps per day. He also warns against prolonged sitting and recommends practicing good posture, yoga, and quitting smoking. Additionally, he suggests monitoring weight in pounds, reducing carbohydrate consumption, and focusing on protein and vegetables. Regular health check-ups, including blood tests and heart evaluations, are recommended for individuals over 40.
- ISRO chief S Somanath unfazed by Moon mission's apparent endDespite the hopes of reestablishing contact with India's Moon rover, the country's space agency is satisfied with the mission's success. The rover, named Pragyan, explored the Moon's surface before being powered down for the lunar night. The Indian Space Research Agency had hoped to reactivate the rover, but so far, no signals have been received. India's space program has been steadily growing and has achieved milestones at a fraction of the cost of other space powers.
- Thousands of taxpayers get GST notices for FY18Tax experts said this would lead to an increase in litigation over the next three months while hitting cash flows of companies as they would be required to furnish 10% of the total liability as a deposit for filing an appeal.
- Vedanta in search of nirvana: A look into the six-way split of the conglomerateIndian conglomerate Vedanta Resources is facing increased risk around its upcoming debt repayments, leading to a downgrade by Moody's Investors Services. The company is struggling to raise funds to cover its debt obligations, including $3.2 billion in bonds maturing between 2024 and 2025. Moody's warned of a further downgrade if the company fails to make progress on funding arrangements.
- Should you accumulate HDFC Bank at current levels? Dipan Mehta answersSpecific sectors, nothing specific in mind, but banks should do pretty much well for the next two-three weeks or so and we will be entering into earnings season and those are the keys and news flow which you should watch out for because when the company declares the earnings that is when we have the maximum volatility and a lot of trading also happens around those events. So, I think we are in for a quiet week from the news flow point of view, but pretty busy towards the end of next month.
- How Canada plans to fast track your PGWP and work permit extension applicationCanada is implementing automation technologies to speed up the processing of post-graduation work permits (PGWPs) and work permit extensions. The automated tools will handle sorting and assigning applications, as well as assessing applications for eligibility, allowing immigration officers to focus on making final decisions.
- iPhone 15 and 15 Pro users report overheating concerns, Apple offers solutionsSome users of the iPhone 15 and iPhone 15 Pro have raised concerns about their devices overheating while charging or during phone calls and FaceTime sessions. Although temperatures can reach around 42°C/107°F, these temperatures are within a safe range and unlikely to cause permanent burns. To mitigate overheating, users are advised to enable auto-brightness, manage connectivity settings, and consider the impact of phone covers.
- How Tata Group companies are unlocking power of equity-based incentives to attract & retain talentOver the last two years, Tata Consumer Products, Tata Power, Tata Communications, Titan and Tata Elxsi began offering performance-based stock units, restricted stock units and employee stock options (Esops) – all forms of equity-based compensation – for the first time. The latest is Tata Power, which sought shareholder approval to issue Esops this month. A top Tata group executive said instruments like Esops help companies to ensure their compensation packages are close to industry trends.
- Is the stock market closed today?All the market segments including, the equity segment, derivative segment, and SLB segment will be closed on account of Gandhi Jayanti. The multi-commodity exchange will also be closed for both morning and evening sessions. In the entire calendar year, the markets have 15 annual holidays in 2023, two more than last year.
- Punjab's 'Kulhad Pizza' couple seeks public support after viral video controversySehaj Arora and Gurpreet Kaur, famous for their innovative Kulhad Pizza concept in Punjab, have appealed for public support amid a viral video controversy. The couple claims that the explicit video, which has caused a storm on social media, is manipulated and part of an extortion scheme they refused to yield to. They have reported the incident to the police and urged the public not to share the video.
- Last date to exchange Rs 2000 bank notes extendedThe Reserve Bank of India has extended the deadline to exchange, deposit Rs 2000 deadline from September 30, 2023.
- NASA shares pictures of a dumpling-shaped object in space that turns out to be a...NASA has shared pictures of an object in space that looks like a dumpling. It is actually the innermost moon of Saturn called Pan. NASA's Cassini spacecraft took the images from its closest encounter with Pan, revealing its distinctive dumpling shape. The moon has a flat ridge around its midpoint and lines across its surface. In other news, NASA's OSIRIS-REx mission has delivered a capsule of rocks and dust collected from asteroid Bennu, which will help scientists understand planet formation and the origin of life on Earth.
- How to Choose the Right Leadership Style for YouIt is possible to choose a leadership style that works for you in a number of ways. Starting can be challenging because of this. If you're unsure of what leadership styles will work for you, these methods may be helpful.
- Select midcap pharma, media & IT stocks poised to do well next 3-5 years: Varun Goel“From a margin perspective, things are getting better and revenue growth should start accelerating from the third quarter onwards. Therefore, we believe that in a lot of the small cap and midcap names, there is an opportunity to do bottom-up stock picking and we remain quite constructive on selective names.”
- IRFC top gainer on the Street in September. Should you buy at current levels?The union government is planning to seek Cabinet approval for a Rs 5.25 lakh crore investment programme during fiscal years 2024-31 to improve rail connectivity, which analysts believe will benefit the company. Despite a stellar jump in share price during the month, there were signs of profit booking among rally in railway stocks including in IRFC towards the end.
- Rs 18 lakh cash in bank locker destroyed by termites; Know the rules regarding keeping cash in your bank lockerThe RBI announced the new locker guidelines via a notification on August 18, 2021. The RBI has set a deadline of December 31, 2023 for the execution of updated locker agreements. Let us take a look at what one can keep in their bank locker.
- Around 10 vehicles stolen daily in Gurgaon. Here are the areas where criminals are most activeIn Gurgaon, an average of 10 vehicles are stolen every day, with only a small percentage of cases being resolved by the police. Out of the 2,478 reported motor vehicle thefts in the first eight months of this year, only 286 cases have been solved. The low resolution rate is attributed to the quick transportation of stolen vehicles out of the state, inadequate surveillance infrastructure, and sophisticated techniques employed by criminals.
- Where to invest to get Rs 25 lakh in next 3 years?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
- Design excellence to manufacturing powerhouse: Shortening India's semiconductor journey to successIndia's aspiration to become a significant player in the global semiconductor industry has gained significant traction in recent years.
- India's devastating monsoon season is a sign of things to come, as climate and poor planning combineThe devastation of this year's monsoon season in India, which runs from June to September, has been significant: Local government estimates say that 428 people have died and Himachal Pradesh suffered over $1.42 billion worth in property damage since June.
- ET Soonicorns Summit 2023: Lessons in addressing complex challenges and building tailored and responsible data-driven and AI solutionsAt the Bengaluru edition of the ET Soonicorns Summit 2023, top industry innovators and experts from Homelane, MFiNe, Furlenco, Mellora and more shared practical learnings from successful startup playbooks, charting a course for next-generation Indian startup founders to implement innovative and meaningful AI solutions in their respective domains.
- Electric car catches fire in Bengaluru. Here's what causes EV fires and why electric two-wheelers are at higher risk Factors such as physical damage, manufacturing defects, and overheating can cause battery fires. Proper management and trained firefighting crews are necessary due to the difficulty in extinguishing lithium battery fires. E-scooters and e-bikes face a higher risk of battery fires compared to electric cars due to poor-quality battery design. Proper training and safety protocols are crucial as the adoption of electric vehicles increases.
- TCS to consider interim dividend along with Q2 results on October 11, fixes record dateThe dividend, if declared, will be paid to the equity shareholders of TCS whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on record date.Shares of TCS will likely trade ex-dividend on the day or a day before the record date.
- Oyo founder Ritesh Agarwal becomes the youngest shark on ‘Shark Tank India 3’Ritesh Agarwal, the founder and CEO of OYO Rooms, will be joining the panel of the popular show Shark Tank India. At 29, Agarwal will be the youngest shark on the panel, which already consists of several other industry experts. Agarwal expressed his excitement about being part of the show and supporting emerging entrepreneurs in India. Shark Tank India provides a platform for business aspirants to pitch their ideas to experienced investors, who decide whether to invest in their companies. The show's third season will be streaming soon on Sony LIV.
- This new mutual fund SIP mandate rule will kick in from October 1, 2023Earlier, perpetual SIP had no end date. This will be effective from October 1, 2023. This is as per a circular issued by the National Automated Clearing House on August 18, 2023.
- Government shutdown averted with little time to spare as Joe Biden signs funding before midnightWith the clock ticking down to the midnight Saturday deadline, the Senate voted 88 to 9 to keep the lights on through mid-November with a resolution that had already advanced from the House.
- 5-year post office recurring deposit (RD) interest rate hiked: Check latest rateSmall savings schemes' interest rates are revised every quarter in accordance with the movement of comparable-maturity benchmark government bonds.
- 2 top stock recommendations from Foram M ChhedaAs far as the levels are concerned, now the yesterday’s low, that is closer to around 19,500, becomes a support on an intraday basis; however, from a weekly perspective around 19,600 yet continues to remain a very important level on a closing basis.
- The seven leaders driving BJP election machinerySelected from general secretaries and union ministers, these leaders play a crucial role in BJP's electoral strategy - from campaign planning to assigning responsibilities and finalising the ticket- more so now when the party is looking at the 2024 elections. While the general secretaries are at party work throughout the year, the ministers, as soon as they are assigned a state for election work, take full control of it.
- PPF, Sukanya Samriddhi, SCSS, NSC interest rates for December 2023 quarter announced; check herePost office savings schemes interest rates: Here is a look at the interest rates on various small savings schemes for the third quarter of FY 2023-24.
- Carpooling banned in Bengaluru, penalty up to Rs 10,000. Know moreThe transport department in Bengaluru has banned carpooling services offered through mobile apps like Quick Ride, following complaints from taxi drivers. Offenders could have their registration certificates suspended for up to six months and be fined between INR 5,000 to INR 10,000. Carpooling apps are accused of violating regulations by aggregating private cars that are not authorized for commercial use. While carpooling is seen as an effective solution for reducing congestion, the government has yet to establish a clear policy regarding these services.
- Which corporate group to bet on for the next 3-5 years? Sandip Sabharwal answers“What happens in all these financial companies is that when they raise money at a higher book value, then on price to book, they start looking cheaper, that is what happened with Bajaj Finance and it rallied and Chola is doing the same thing. So, many of these companies are just taking advantage of the very high price to book they are getting to raise capital.”
- How 100 kg seeds transformed India from food importer to exporterIndia's success in enhancing food production through plant genetics has been a transformative victory for the nation. In the 1960s, India faced food scarcity with wheat production at only 12 million tonnes. However, a collaboration between scientist M S Swaminathan and Dr. Norman Borlaug led to the introduction of high-yielding wheat varieties from Mexico. This, along with cross-breeding with local varieties, resulted in a tenfold increase in wheat production, averting a food crisis.
- Block deals worth over Rs 8,400 crore this week. HDFC Bank, RIL among stocks with significant actionIn the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,677 crore led by HDFC Bank with a 40 block counts totalling to Rs 1,571 crore. The next in line were ICICI Bank (Rs 870 crore), Tube Investments of India (Rs 589 crore), Kotak Mahindra Bank (Rs 394 crore) and Reliance Industries (Rs 339 crore).
- Asian Games 2023 India medal tally: Full list of Gold, Silver, Bronze medal winnersIndia has sent a 655-member contingent to participate in the Asian Games 2023 in Hangzhou, China. The event, originally scheduled for 2022 but postponed due to COVID-19, started on September 23 and will continue until October 8. With a larger contingent this year, India is hopeful of surpassing its previous medal count of 70, including 16 gold, achieved at the Jakarta 2018 Games. Athletics has historically been India's strongest sport at the Asian Games.
- DLF’s Panipat project sold out within hour of launchDLF is set to launch projects worth Rs 20,000 crore this fiscal year, with the combined value of two upcoming projects in Gurgaon estimated to be Rs 15,000 crore.
- Latest PPF interest rate: Was Public Provident Fund interest rate hiked for Oct-Dec quarter?The government raised the interest rate on just one small savings scheme for the quarter ending December 31, 2023.
- Losing shine? Investment demand for gold plummets to four-year lowsCOMEX Gold prices saw a significant drop due to a surge in US treasury yields, resulting in the largest weekly loss in months. The US central bank indicated another rate hike before the end of the year and signaled fewer rate cuts for the following year. Strong economic data, including increased durable goods orders and low unemployment claims, supported the Federal Reserve's hawkish stance. The rebound in US home prices and rising energy prices also raised inflation concerns.
- Bribes and premiums to BMC push Mumbai property prices higher than in DubaiReal estate buyers in Mumbai are facing exorbitant charges and bribes from authorities, making the already expensive city even more costly. Builders are forced to pay significant bribes to obtain building permissions, resulting in inflated prices for buyers. Some argue that there is no justification for Mumbai's real estate prices being higher than those in Dubai.
- Tech grads sign up for 'bootcamps' to be more employableThe demand for fast-paced and rigorous skilling programs, known as "bootcamps," has increased significantly in India due to a dull job market and the rapid pace of change in tech job profiles. Many young graduates are enrolling in these programs to gain new-age tech skills and improve their employability. Companies like Great Learning, Upgrad, Coding Ninjas, Scaler, and Newton School have seen a 2-3 times increase in demand for bootcamps in the last 6-12 months.
- India's private space sector skyrocketsThere are now 190 Indian space start-ups, twice as many as a year earlier, with private investments jumping by 77 percent between 2021 and 2022, according to Deloitte consultancy.
- JSW Infrastructure, Vaibhav Jewellers shares to debut on Tuesday. What GMP signals ahead of listingJSW Infrastructure is the fastest growing port-related infra company in terms of growth in installed cargo handling capacity and cargo volumes handled during FY21-23, and the second largest domestic commercial port operator by cargo handling capacity in FY23.
- Be ready for 'massive changes' in ecosystem: SN Subrahmanyan"The future is closer than you think. There are basic and massive changes occurring in the ecosystem, energy change, sustainability as a way of life and digitalisation is impacting every aspect of business. We must be future ready," said S N Subrahmanyan, in his letter to the employees after taking charge of L&T on October 1.
- From Learning to Leading: The Comprehensive Scope of a PhD Programme in HR ManagementVarious colleges across India offer a three to five-year-long PhD program in human resource management. The curriculum emphasizes communication skills, decision-making, and organizational dynamics. Eligibility requires a master's degree with a minimum of 55% grades in the relevant field, and admission hinges on the entrance exam results and personal interviews. The graduates can avail themselves of various career opportunities such as Human Resource Manager, HR Director, Recruitment Manager across sectors like IT, Marketing, Business, and Academia after this degree's completion. The cost usually ranges from INR 50,000 to 1,50,000.
