Articles for author: Market News

Market News

Vedanta’s bold demerger aims to transform asset management into ownership, investing .9 billion to become global industry leaders.

Vedanta’s bold demerger aims to transform asset management into ownership, investing $1.9 billion to become global industry leaders.

Vedanta Ltd is undergoing a major transformation with a proposed demerger of its various business units, which cover over 15 commodities. This strategic move aims to transition the company from asset managers to asset owners, allowing it to create independent companies focused on sectors like aluminium, oil and gas, power, and steel. With 75% approval ...

Market News

The GST Council meeting, chaired by Nirmala Sitharaman, tackles crucial tax issues, including health insurance exemptions and online gaming regulations.

The GST Council meeting, chaired by Nirmala Sitharaman, tackles crucial tax issues, including health insurance exemptions and online gaming regulations.

The GST Council, led by Finance Minister Nirmala Sitharaman, is set to address key issues, including the taxation of insurance premiums and online gaming fees. A major focus will be whether to reduce the current 18 percent GST on health insurance or exempt senior citizens from this tax. The council’s discussions will also cover revenue ...

Market News

Amidst rising maritime tensions, India’s Jaishankar engages GCC leaders in Riyadh, aiming for stronger trade and cooperation amidst global conflict.

Amidst rising maritime tensions, India’s Jaishankar engages GCC leaders in Riyadh, aiming for stronger trade and cooperation amidst global conflict.

External Affairs Minister S Jaishankar arrived in Riyadh, Saudi Arabia, on September 8, 2024, for the First India-Gulf Cooperation Council (GCC) Foreign Ministers’ Meeting. Welcomed by Saudi officials, Jaishankar expressed his gratitude for the warm reception. During his two-day visit, he will hold bilateral discussions with foreign ministers from GCC countries, focusing on strengthening the ...

Market News

Trump vows to penalize nations abandoning the dollar with steep tariffs, intensifying the economic battle in his campaign against Harris.

Trump vows to penalize nations abandoning the dollar with steep tariffs, intensifying the economic battle in his campaign against Harris.

Donald Trump, during a rally in Wisconsin, emphasized his commitment to protecting the US dollar, proposing hefty tariffs on countries that move away from using it. He stated that any nation that stops using the dollar for trade would face a 100% tariff on their goods. This move comes after months of discussions among his ...

Market News

In a dramatic effort to support lawyers, Delhi’s Kejriwal government launches aid schemes, impacting thousands during crises.

In a dramatic effort to support lawyers, Delhi’s Kejriwal government launches aid schemes, impacting thousands during crises.

Delhi Law Minister Atishi highlighted the successes of the Chief Minister Advocate Welfare Scheme, initiated by the Kejriwal government in 2019 to support lawyers. The scheme, backed by an annual fund of Rs 50 crore, has enrolled around 28,000 lawyers. It provides significant benefits including Rs 1 million in term insurance and Rs 5 lakh ...

Market News

The Women in Cinema Collective aims to reform the Malayalam film industry, promoting safety and equality following a damning harassment report.

The Women in Cinema Collective aims to reform the Malayalam film industry, promoting safety and equality following a damning harassment report.

The Women in Cinema Collective (WCC) is set to introduce recommendations aimed at creating a safer and more equitable environment in the Malayalam film industry. This initiative follows the recent publication of the Justice K Hema Committee report, which highlighted the exploitation and mistreatment of women in the industry. The WCC expressed hope for industry-wide ...

Market News

Mothers unite to demand urgent action against India’s air pollution crisis, linking it to children’s health and life expectancy.

Mothers unite to demand urgent action against India’s air pollution crisis, linking it to children’s health and life expectancy.

A group of mothers in India, known as the “Warrior Moms,” is urging the Union Health Ministry to implement “Low Emission Zones” around hospitals and update the Air Quality Index standards that have been delayed for over two years. In a letter to Health Minister J P Nadda, they proposed creating a “Health Action Plan” ...

Market News

A doctor’s rape and murder sparks nationwide protests, leading to investigations into financial irregularities at the hospital.

A doctor’s rape and murder sparks nationwide protests, leading to investigations into financial irregularities at the hospital.

A postgraduate trainee doctor was tragically raped and murdered while on duty at RG Kar Medical College and Hospital, leading to widespread protests across the nation. Following this shocking incident, the West Bengal Medical Council issued a show-cause notice to Sandip Ghosh, the hospital’s principal, who has been arrested by the CBI for alleged financial ...

Market News

Karnataka cities face alarming air pollution levels, with PM2.5 soaring six to seven times above WHO guidelines, raising serious health concerns.

Karnataka cities face alarming air pollution levels, with PM2.5 soaring six to seven times above WHO guidelines, raising serious health concerns.

A recent Greenpeace India report highlights alarming air quality issues in three major Karnataka cities: Bengaluru, Mangaluru, and Mysuru. The findings indicate that particulate matter (PM2.5 and PM10) levels in these cities are significantly higher than the World Health Organization’s guidelines. In areas like Hyderabad and Chennai, PM2.5 levels are six to seven times above ...

Market News

Assam’s CM Sarma promises urgent implementation of 52 recommendations to protect indigenous rights, amid tensions over the Assam Accord’s legacy.

Assam’s CM Sarma promises urgent implementation of 52 recommendations to protect indigenous rights, amid tensions over the Assam Accord’s legacy.

Assam Chief Minister Himanta Biswa Sarma has announced plans to implement 52 recommendations from the Justice Biplab Sarma committee regarding Clause 6 of the Assam Accord, aimed at protecting the interests of indigenous people. The government aims to complete this implementation by April 15, 2024. These recommendations focus on safeguarding the cultural and linguistic identity ...

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