G20’s criticism of Russia shows the rise of a new Asian power. And it isn’t China | CNN

G20’s criticism of Russia shows the rise of a new Asian power. And it isn’t China | CNN

Hong Kong CNN  —  When world leaders at the Group of 20 summit in Bali, Indonesia, issued a joint statement condemning Russia’s war in Ukraine, a familiar sentence stood out from the 1,186-page document. “Today’s era must not be of war,” it said, echoing what Indian Prime Minister Narendra Modi told Russian leader Vladimir Putin … Read more

Tech stocks rally up to 18% in a week, Is the worst over for IT pack?

Tech stocks rally up to 18% in a week, Is the worst over for IT pack?

New Delhi: After a sharp beatdown over the past few weeks, IT stocks emerged as the best performers, rising up to 18 per cent in the last five sessions from the close on the first Friday of August 2022. IT stocks in the recent weeks have remained under pressure lately, with stocks eroding up to … Read more

SC stays order directing registration of FIR against BJP leader Shahnawaz Hussain in rape case

SC stays order directing registration of FIR against BJP leader Shahnawaz Hussain in rape case

The Supreme Court has stayed the Delhi High Court order ordering registration of FIR against BJP leader Shahnawaz Hussain in a rape case lodged by a woman in 2018. The top court has sought responses from stakeholders including from the Delhi government and will hear the matter in the third week of September. The high … Read more

Not just stocks! NRI hedging portfolio with vintage wine, sneakers and Buffett-signed notes

Not just stocks! NRI hedging portfolio with vintage wine, sneakers and Buffett-signed notes

How far can you go to hedge your portfolio from unseen risks? An NRI money manager, who runs a US-based hedge fund, has diversified even in paintings, vintage wine, sneakers and dollar bills signed by none other than Warren Buffett and Charlie Munger. “We want to offer a way for investors to invest in things … Read more

Bitcoin, Ethereum crash over 70% from peaks; crypto investors lose over $2 trillion in 8 months

Bitcoin, Ethereum crash over 70% from peaks; crypto investors lose over  trillion in 8 months

New Delhi: The carnage in the crypto market has gathered pace with no near-term respite in sight. Considering the latest slide, investors have lost over $2 trillion (about Rs 15.65 lakh crore) over eight months. If we compare the notional value lost, only eight countries have a GDP more than what the crypto market eroded … Read more

Discount on liquor in Delhi: Excise Department warns stores against flouting Covid guidelines

Discount on liquor in Delhi: Excise Department warns stores against flouting Covid guidelines

On February 4, the Delhi Disaster Management Authority (DDMA) had eased some restrictions by allowing re-opening of certain activities “but with enhanced enforcement of COVID appropriate behaviour”, the department said. The Delhi government’s Excise Department on Monday warned liquor stores of action for blatantly violating DDMA guidelines for Covid management after long queues of tipplers … Read more

DCGI directs pharma companies to submit information of pre-1988 permitted FDCs on their safety and efficacy

DCGI directs pharma companies to submit information of pre-1988 permitted FDCs on their safety and efficacy

The DCGI notice on FDCs has been sent to the Indian Drug and Pharmaceuticals Associations and also uploaded on the website of CDSCO for information and necessary action by the concerned stakeholders. The Drugs Controller General of India (DCGI) has directed pharma companies to submit information of certain pre-1988 permitted Fixed Dose Combinations (FDCs) on … Read more

NSE clarifies on Nifty futures trade spike, says its systems fine

NSE clarifies on Nifty futures trade spike, says its systems fine

NEW DELHI: NSE on Tuesday said a spike in Nifty futures trades on Monday was due to a manual order placed by a trading member at a significantly higher price than the prevailing price in the market. The National Stock Exchange (NSE) said that its systems functioned normally and asked the concerned trading member to … Read more

Delhi unlocks: More enforcement teams, increased challans for violation of COVID-19 norms

Delhi unlocks: More enforcement teams, increased challans for violation of COVID-19 norms

With reopening of malls, markets and other trade activities in view of improving COVID-19 situation in Delhi, the district authorities have deployed more enforcement teams and issued increased number of challans for violation of Covid appropriate behaviour. Around 6,000-7,000 challans are being issued over violation of Delhi Disaster Management Authority (DDMA) orders to enforce Covid … Read more

Commerce and Industry Minister Piyush Goyal reviews critical infrastructure projects

Commerce and Industry Minister Piyush Goyal reviews critical infrastructure projects

Commerce and Industry Minister Piyush Goyal has reviewed 59 issues in 20 critical infrastructure projects, with anticipated investment value of nearly Rs 2.7 lakh crore, an official statement said on Friday. The minister issued directions and timelines to ensure expeditious resolution of pending issues for timely commissioning of projects, it said. Among the projects that … Read more