Articles for author: Market News

Market News

Money Laundering or Pandemic Relief? Court Denies Bail to Shiv Sena’s ‘Khichdi King’ Amidst Political Chaos!

A Mumbai court has denied bail to Suraj Chavan, a Shiv Sena (UBT) member, who was arrested on January 17, 2024, for his alleged involvement in a ₹6.37 crore khichdi scam during the Covid-19 pandemic. The scam involved the Brihanmumbai Municipal Corporation (BMC) distributing khichdi to migrant workers. Chavan’s lawyers argued that the reasons for ...

Market News

Madhabi Puri Buch faces allegations of favoritism, with political tension escalating between Congress and Mahindra over supposed conflicts of interest.

Madhabi Puri Buch faces allegations of favoritism, with political tension escalating between Congress and Mahindra over supposed conflicts of interest.

Mahindra & Mahindra (M&M) has denied Congress party’s allegations that it paid Dhaval Buch, husband of Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), for preferential treatment from the regulator. Congress claims Dhaval received Rs 4.78 crore from M&M between 2019 and 2021, coinciding with Sebi’s scrutiny of the company. ...

Market News

Yogi’s Land Grab Crackdown: Will Accountability Finally Prevail or Is It Just Political Theater?

Uttar Pradesh Chief Minister Yogi Adityanath has initiated a special campaign to address pending cases in the revenue department, focusing on land issues such as mutation, measurement, and inheritance. In a recent meeting, he instructed officials to identify and resolve these cases quickly, emphasizing their direct impact on the public. The CM called for increased ...

Market News

Coal India plans a massive investment in coal power, clinging to fossil fuels as India’s energy demand surges, sparking environmental concerns.

Coal India plans a massive investment in coal power, clinging to fossil fuels as India’s energy demand surges, sparking environmental concerns.

Coal India Ltd. is set to invest approximately 670 billion rupees (around $8 billion) to build coal-fired power plants near its mines, emphasizing the country’s ongoing reliance on coal for electricity. With approval for 4.7 gigawatts of new power generation in Odisha and discussions for an additional 2 gigawatts, the move highlights India’s forecasted surge ...

Market News

Amit Shah Declares Cybersecurity Essential for Progress: Is the Digital Frontier Our New Political Battlefield?

Union Home Minister Amit Shah emphasized that cybersecurity is crucial for the nation’s progress, calling it a vital part of national security. He stated that cybercrime knows no boundaries, highlighting the need for collaboration among various stakeholders to tackle this growing threat. During the foundation day celebration of the Indian Cyber Crime Coordination Centre (I4C), ...

Market News

South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea’s antitrust regulator is investigating Mercedes-Benz Korea following a fire incident involving one of its electric vehicles in Incheon that damaged around 140 cars and forced residents to evacuate. The fire occurred on August 1, and authorities are probing whether the company misled consumers regarding its battery suppliers. The Mercedes EQE vehicle involved in ...

Market News

“Rahul Gandhi Claims Modi’s Mind Trapped, Highlights Election Flops Amid Bipartisan Tensions in US Speech”

During his visit to the United States, Rahul Gandhi, the Leader of Opposition in Lok Sabha, criticized Prime Minister Narendra Modi, claiming he is “psychologically trapped” after the unexpected results of the recent general elections. Gandhi highlighted that the Congress party faced significant challenges, including frozen bank accounts, yet still managed to challenge Modi’s vision ...

Market News

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

The employment outlook in India for the fourth quarter of 2024 is highly optimistic, with 37 percent of employers planning to hire more staff. This figure, reported in the ManpowerGroup Employment Outlook Survey, positions India as having the strongest hiring sentiment globally, surpassing countries like Costa Rica and the United States. The survey reflects a ...

Market News

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...

Market News

Rahul Gandhi Claims Congress Crushed Modi’s ‘Idea’—Is Politics in India Finally Ready for a Makeover?

In a recent address at Georgetown University, Rahul Gandhi, the former president of the Congress party, claimed that the party has “destroyed” the idea of Prime Minister Narendra Modi following the Lok Sabha elections. He noted a significant shift in Indian politics, highlighting the BJP’s decline from a majority of 303 seats to just 240, ...

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