The Reserve Bank of India (RBI) has released a warning statement concerning deceptive advertisements that lure borrowers with assurances of loan forgiveness. This advisory is in reaction to the ongoing promotion of such initiatives by various entities via print and social media. These unauthorized entities, without any legitimate authority, impose service or legal fees...
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Supreme Court upholds creation of Ladakh as a Union Territory (UT) and orders restoration of J&K’s statehood “at the earliest and as soon as possible”. Election Commission directed to hold assembly elections by the end of September. J&K’s statehood to be restored, status as a UT is temporary. Direct elections to legislative assemblies cannot...
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BSE India total market capitalisation has crossed $4 trillion and its GDP is in striking distance of $4 trillion. Global investors’ portfolios are divided into US, Europe, China, and emerging markets. India stands out in terms of growth and offers the ‘5D advantage’ of debt stability, deglobalisation, digitization, deregulation, and demographics. As India moves...
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India is seeking to secure the best deal for itself in the COP28 talks, amid pressure from the EU and US. The latest draft of the agreement avoids mentioning a “phase out” of fossil fuels but instead focuses on “reducing consumption and production of fossil fuels” in order to achieve net zero emissions by...
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A six-year-old girl in Sirsi town, Sambhal district fell off the roof of her house after being chased by monkeys. She was declared dead upon arrival at the hospital. This incident highlights the ongoing issue of monkey and stray dog menace in the area, with insufficient steps taken by the administration to control it....
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India’s strong macro fundamentals, along with some positive global cues, are prompting brokerages to come out with healthy expectations for leading Indian indices. Cool-off in the US 10-year bond yields, moderation in crude oil prices, robust earnings performance by Indian companies during the last quarter, and expectations of better performance by the BJP-led ruling...
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The Cellular Operators Association of India (COAI) is urging the Indian government to adopt a bill similar to the one proposed in the US Congress. The bill, called the Lowering Broadband Costs for Consumers Act of 2023, aims to make large internet apps contribute to infrastructure costs in order to lower broadband costs for...
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Reeling from BJP’s wins in the Hindi heartland, the INDIA bloc is now faced with the issue of SC verdict on Article 370. Congress, concerned about engaging with the issue, suggests moving on, while J&K parties express disappointment. Shiv Sena welcomes the ruling, indicating a potential convergence within the INDIA bloc. The opposition’s safety-first...
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Bharti Airtel’s plans to use Google’s Taara laser internet technology for its 4G and 5G operations in India have hit a roadblock. Ongoing field trials have shown that the technology may not work efficiently in inclement weather in rural and hard-to-reach places, which could affect the mobile broadband experience for users in these areas....
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