Articles for author: Market News

Yogi Shuffles Ministers Like Card Players: Will New District Charges Revive Voter Trust or Just Shuffle Old Grievances?

Ahead of the upcoming Assembly by-elections in Uttar Pradesh, Chief Minister Yogi Adityanath has redistributed district responsibilities among ministers in a recent meeting. Notably, Surya Pratap Shahi retains oversight of Ayodhya, while Varanasi’s administration shifts to Suresh Khanna. CM Adityanath, alongside Deputy CMs Keshav Prasad Maurya and Brajesh Pathak, has been assigned 25 districts each ...

September 13, 2024

RBI Governor Shaktikanta Das predicts India’s growth potential at 7.5% amidst balanced inflation and economic risks, addressing global finance in Singapore.

Reserve Bank of India Governor Shaktikanta Das, speaking at the Future of Finance Forum in Singapore, projected India’s growth potential at over 7.5 percent for the ongoing financial year, surpassing the RBI’s own estimate of 7.2 percent. He acknowledged a slower growth rate of 6.7 percent in the April-June quarter due to reduced government spending ...

September 13, 2024

Engineer Rashid Returns: ‘No One Can Mute Our Voice’—Kashmir’s Struggle for Rights Takes Center Stage Again!

Engineer Rashid, a prominent politician in Jammu and Kashmir, returned to his home constituency of Baramulla after being released from Tihar Jail. He expressed gratitude for the support he received during his imprisonment and assured his followers that their voices would not be silenced by leaders like Prime Minister Modi or Amit Shah. Rashid stated ...

September 13, 2024

Gold skyrockets to a record 55 amidst rate cuts and economic uncertainty, signaling potential market shifts ahead.

Gold skyrockets to a record $2555 amidst rate cuts and economic uncertainty, signaling potential market shifts ahead.

Gold prices have reached a new record high of $2555, breaking the previous peak of $2532 after a period of consolidation. This surge comes amid rising US jobless claims and a downward revision in prior Producer Price Index (PPI) data, along with the European Central Bank’s recent rate cut. Spot gold was trading positively at ...

September 13, 2024

Nation Mourns as Modi Hails Yechury: A Leftist Legacy Lost in a Political Landscape of Division.

Prime Minister Narendra Modi expressed his condolences for the passing of Sitaram Yechury, a prominent Communist leader, at the age of 72. Yechury, who led the Communist Party of India (Marxist) three times, died after a prolonged illness at AIIMS in Delhi. Modi described him as a “leading light of the Left” and praised his ...

September 13, 2024

Adani Group denies involvement in Swiss court proceedings amid allegations of frozen funds linked to money laundering investigations.

The Adani Group has firmly stated that it is not involved in any Swiss court proceedings, following claims by Hindenburg Research. The U.S.-based firm suggested that Swiss authorities had frozen over $310 million of Adani’s assets related to a money laundering and securities forgery investigation. This assertion was supported by Swiss court records detailing investments ...

September 13, 2024

Amid AAP’s Alleged Kickbacks, Is Democracy Just a High-Stakes Campaign Game?

Vinod Chauhan, a middleman involved in the Delhi Excise Policy money laundering case, has been granted bail by a special court. Arrested by the Enforcement Directorate (ED), Chauhan is accused of transferring alleged kickbacks from a group known as the “south group” to the Aam Aadmi Party (AAP) during their Goa assembly election campaign. The ...

September 13, 2024

International students face uncertain futures as immigration policies tighten, jeopardizing their educational dreams in key host countries.

International students, especially from India, have long been vital for universities in advanced countries like the US, UK, and Canada. However, their future is becoming uncertain as governments look for ways to limit rising immigration numbers. Despite this challenging environment, the education loan Market in India is booming. Non-banking financial companies (NBFCs) are projected to ...

September 13, 2024