Articles for author: Market News

Market News

As Haryana’s assembly elections approach on October 5, Congress unveils candidates amidst turbulent alliance talks with AAP.

As Haryana’s assembly elections approach on October 5, Congress unveils candidates amidst turbulent alliance talks with AAP.

Haryana’s Assembly elections are set for October 5, with vote counting on October 8. The Congress party has announced its third list of 40 candidates, bringing the total to 81 for the 90-member assembly. Notable candidates include former chief minister Bhupinder Singh Hooda, party MP Randeep Surjewala’s son Aditya Surjewala, and wrestler Vinesh Phogat. Despite ...

Market News

Rahul Gandhi Sparks Outrage: Accused of Trusting China Over Indian Generals Amid Controversial US Trip

BJP spokesperson RP Singh criticized Rahul Gandhi for his recent comments regarding the India-China border conflict, suggesting that Gandhi trusts China more than Indian military leaders. Speaking in Washington, Gandhi slammed Prime Minister Modi’s handling of Chinese troops in Indian territory, likening it to a failure any U.S. president would face. Singh accused Gandhi of ...

Market News

Sebi’s new rules ease margin trading, allowing cash collateral as maintenance margin, enhancing business efficiency and reporting requirements.

Sebi’s new rules ease margin trading, allowing cash collateral as maintenance margin, enhancing business efficiency and reporting requirements.

The Securities and Exchange Board of India (Sebi) has introduced new guidelines to ease margin trading for investors. Now, securities funded with cash collateral can qualify as a maintenance margin for the margin trading facility (MTF). This change aims to reduce the need for additional collateral. Sebi received requests from Market participants to modify the ...

Market News

Rahul Gandhi’s U.S. Remarks: Bipartisan Foreign Policy Praise Meets Sharp Critique on ‘Delhi-Sized’ Land Grab by China

During a recent media interaction at the National Press Club in Washington, D.C., Congress leader Rahul Gandhi discussed India’s foreign policy, highlighting similarities with the Modi government regarding relations with the U.S. and a firm stance against terrorism from Pakistan. He criticized the government’s handling of the ongoing border conflict with China, emphasizing the significance ...

Market News

A consumer commission orders SpiceJet to refund a senior couple for a canceled flight, citing service deficiency and distress caused.

A consumer commission orders SpiceJet to refund a senior couple for a canceled flight, citing service deficiency and distress caused.

A Mumbai consumer commission has ordered SpiceJet to refund Rs 13,696 to a senior couple whose flight was canceled during the COVID-19 pandemic. The airline failed to issue the refund despite guidelines from the Supreme Court and the Directorate General of Civil Aviation. The couple had booked tickets in June 2020 for a flight scheduled ...

Market News

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung Electronics, the leading global manufacturer of smartphones and memory chips, is set to lay off up to 30 percent of its overseas staff, potentially affecting around 1,000 employees in India. The company plans to reduce its sales and Marketing workforce by 15 percent and administrative staff by 30 percent across various regions, including the ...

Market News

Amid Bail Boomerang, AAP Leaders Claim ‘No Solid Proof’ as Political Tug-of-War Intensifies in Delhi’s Excise Saga

Delhi MLA Durgesh Pathak, a senior leader of the Aam Aadmi Party (AAP), has been granted bail alongside another person in connection with the previously withdrawn Delhi excise policy for 2021-22. While Pathak was released, Delhi Chief Minister Arvind Kejriwal, also a co-accused, remains in judicial custody until September 25. The Central Bureau of Investigation ...

Market News

Amid slowed capital expenditure, key ministries excel while telecom struggles, influencing GDP growth during an election-constrained quarter.

Amid slowed capital expenditure, key ministries excel while telecom struggles, influencing GDP growth during an election-constrained quarter.

During the April to July period, the growth of central government capital expenditure (capex) was sluggish, with an overall spending of only 24%. However, several ministries excelled, notably housing, roads, railways, health, and atomic energy, which all exceeded average spending rates. In contrast, the Department of Telecommunications spent just 1%, a significant drop from the ...

Market News

India’s Telecom Revolution: Will Scindia’s 6G Vision Rise Like a Phoenix or Crash Before Lifting Off?

Union Telecom Minister Jyotiraditya Scindia announced India’s ambitious plans to achieve a significant presence in global sixth-generation (6G) mobile technology during his keynote at the AIMA National Management Convention. Following the country’s rapid rollout of 5G, Scindia aims for India to secure 10% of international patents in 6G through the Bharat 6G Alliance. He highlighted ...

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