 "Coldplay’s Mumbai concert faces ticket scalping scandal as BookMyShow executives are summoned for alleged fraud amidst overwhelming fan demand.")
Coldplay has added a third show to its “Music Of The Spheres World Tour 2025” in Mumbai due to overwhelming demand after fans faced long waits on the BookMyShow ticket platform. However, the company is now under investigation by the Mumbai Police’s Economic Offences Wing for alleged ticket scalping. This follows a complaint filed by ...
 "Sebi Chairperson Madhabi Puri Buch faces conflict of interest allegations as the board meets to discuss tightening trading regulations.")
The Securities and Exchange Board of India (Sebi) board is meeting today, September 30, 2024, amid conflict of interest allegations against Chairperson Madhabi Puri Buch from Hindenburg Research and the Congress party. These allegations include trading on unpublished price-sensitive information and potential financial ties to the Adani Group. During the meeting, Sebi may address regulatory ...
 "Pakistan faces drastic reforms, eliminating 150,000 jobs and closing ministries in a desperate bid to stabilize its economy.")
In a move to reduce government spending, Pakistan announced plans to eliminate around 150,000 government jobs and to close or merge several ministries as part of reforms linked to a USD 7 billion loan from the International Monetary Fund (IMF). This decision follows the IMF’s approval of a financial assistance package after Pakistan agreed to ...
 "Nifty Energy Index faces resistance at 44,325; traders advised to book profits, while Pharma Index suggests a cautious sell strategy.")
The Nifty Energy Index is currently experiencing a bullish trend but has hit a crucial resistance level at 44,325. Traders are advised to book profits and reduce long positions as profit booking is anticipated with any rise from this point. Support levels to watch are at 43,800, 43,600, and 43,200, making it ideal to wait ...
 "SpiceJet settles salary debts and faces operational turmoil, despite raising funds, while market share continues to plummet dramatically.")
SpiceJet, a low-cost airline in India, has cleared all pending salary dues for its employees after raising Rs 3,000 crore through a qualified institutional placement. However, it has recently faced significant financial challenges, including a decline in Market share from 5.6% in January 2023 to just 2.3% in August 2024. The airline owes Rs 3,700 ...
 "The stock market faces turmoil, yet bullish signals emerge for Hindalco, Siemens, and Tata Power, defying the crisis.")
The stock Market is showing interesting trends as of September 2024, with some stocks gaining momentum. Analysts recommend buying Hindalco at Rs 717, Siemens at Rs 7,095, and Tata Power at Rs 468, highlighting their upward potential. Hindalco has recently broken out of a consolidation phase, backed by strong volume and bullish indicators. Siemens displays ...
 "India’s economy surged to an 8.2% growth in FY24, but the RBI faces inflation challenges ahead of potential rate cuts.")
India’s economy is showing remarkable resilience, with a growth rate of 8.2% recorded in FY24. S&P Global Ratings has kept its GDP growth forecast for FY25 at 6.8%, acknowledging that the Reserve Bank of India may reduce interest rates as early as October due to moderated urban demand. The Indian government’s focus on fiscal consolidation ...
 "Rupert Murdoch’s media empire faces dramatic upheaval as his children contest his plan to transfer control to eldest son Lachlan.")
A trial regarding Rupert Murdoch’s plan to alter his family trust and give control of his media empire to his eldest son, Lachlan, has concluded without a verdict. The case, held in Nevada probate court, will decide the future of significant media assets, including Fox Corp. and News Corp. Murdoch aims to prevent his more ...
As Haryana’s assembly elections approach, divisions within the Congress party are growing, providing an advantage to the BJP. The BJP accuses Congress and its leader Rahul Gandhi of only pretending to support Dalits and backward classes. Bhupinder Hooda emphasized that any insult to party member Kumari Selja will not be tolerated, recognizing the significance of ...
The upcoming by-elections in Uttar Pradesh are creating buzz, despite the BJP’s strong majority in the assembly. The party’s sharp decline from 62 to 33 Lok Sabha seats has raised concerns about its stability under Chief Minister Yogi Adityanath. In contrast, the opposition Samajwadi Party (SP) is gaining momentum with a focus on a broader ...
