The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.
'It has also outlived its initial purpose of reducing physical gold imports.'
Auto majors report positive sales figs for November.
A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.
'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.
Indian passenger vehicles market registered record wholesales of 43 lakh units in 2024, with companies like market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales. The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 41.1 lakh units posted in 2023.
A pet dog escaped from a caretaker's premises and entered the house of a neighbour in Maharashtra's Thane district, leading to an altercation between the two families, police said on Thursday.
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.
A 22-year-old woman was allegedly abducted from the Kota-Etawah Express and gang-raped by three men who held her hostage for five hours, officials said on Monday.
A 30-year-old delivery man was allegedly killed when he went to deliver an iPhone to a customer who was supposed to pay him Rs 1.5 lakh for the product, police said on Monday.
The murder of a young couple in the Karauli district of Rajasthan was allegedly planned by the husband's mother and maternal uncle as both the husband and wife had extra marital affairs, police said.
The civil aviation ministry plans to put in place strict norms to prevent incidents of hoax bomb threats to airlines, including placing the perpetrators on the no-fly list, a senior official said on Thursday.
Every mobile user is a content creator and broadcaster and has the moral responsibility to ensure the veracity of the information shared by them, Minister of State for Information and Broadcasting L Murugan said in New Delhi on Thursday.
Around 7.4 per cent of Indians aged 60 and above are affected by dementia. This number is expected to rise from the current 8.8 million to 17 million by 2036, marking a 97 per cent increase.
Following detailed questioning, journalist Mahesh Langa was arrested by the Crime Branch on Tuesday morning, Deputy Commissioner of Police (Crime) Ajit Rajian said. "The central GST had found some suspicious transactions in bogus firms floated in the name of Mahesh Langa's wife and father using forged documents. Langa has been arrested for further investigation," he said.
The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.
Foreign investors pulled out a massive Rs 94,000 crore (around $11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks. Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020. The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.
AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.
The advisory depicted the logos of social media platforms like WhatsApp and Skype to showcase that calls for such scams are made using such platforms.
Under the India AI mission, supercomputing, comprising over 10,000 GPUs, will be made available to various stakeholders for creating an AI ecosystem.
More than 80 domestic and international flights of various Indian airlines received bomb threats on Thursday, according to sources.
Deputy Commissioner of Police (DCP), Whitefield, Shivakumar on Tuesday confirmed that Bengaluru-based techie Atul Subhash died by suicide in the early hours of December 9 following harassment from his wife and her family.
The Reserve Bank of India (RBI) added another 102 metric tonnes to the domestically held gold in the April-September period, as per a disclosure made on Tuesday. The overall quantity of the precious metal stored in local safes stood at 510.46 metric tonnes as of September 30, which was up from over 408 metric tonnes as on March 31, 2024. The central bank said it added another 32 metric tonnes of gold reserves in the six-month period to take the overall tonnage to 854.73 metric tonnes, as per the half yearly report on management of foreign exchange reserves.
More than a year after a woman's body was recovered from a creek in Thane district, police have found that she was pushed to death from a bridge by her lover for resisting his sexual advances. The 23-year-old victim, identified as Mansi Bhoir, had disappeared in November last year. Police have arrested two accomplices of the main accused, who is already in jail in a separate case. The case was cracked after the police investigated another woman's murder case and identified the victim based on a tattoo and other features. The investigation revealed that the accused, Adil Sheikh, was frequently in touch with Mansi before her disappearance and was in the vicinity of the Kalwa creek on the night of November 4, when Bhoir's body was found. The police said that during their meeting, Sheikh pushed Mansi off the bridge after she resisted his sexual advances. He then called two associates who helped him push Mansi to death from the pillar. Her body was discovered some kilometres away. The two accomplices have been arrested, while the main accused is already in jail for attempted murder.
The Indian markets have delivered high long-term returns, second only to the US.
As per the advisory of cyber-security agency CERT-In, a digital arrest is the one in which victims receive a phone call, an e-mail or a message claiming they are under investigation for illegal activities, such as identity theft or money laundering.
A 'time machine', the promise of turning the clock back four decades and a couple that went into hiding after making around Rs 35 crore by duping those desperate to be young.
It is similar to top-up health insurance plan, but provides for one or more claims cumulatively crossing the threshold limit.
The auction, a violation of democratic norms, has been condemned by several political leaders. Elections to gram panchayats in Punjab will be held on October 15.
In a study, doctors have documented treating two women of 'petticoat cancer' -- a condition possibly triggered by tying the waist cord of a saree's underskirt or petticoat tightly.
Allegedly charging patients Rs 2 instead of the stipulated fee of Re 1 at a Community Health Centre (CHC) has cost a contractual employee his job in Maharajganj in eastern Uttar Pradesh, officials said.
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the piossibility of a trend reversal.
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
One reason the fee can't be lower than 3 per cent is that it is difficult for an RIA to do a good job and remain viable even at 3 per cent.
Around 72 per cent of employers in India intend to hire freshers in the second half of 2024, according to a report released by TeamLease EdTeach on Wednesday. The report titled 'Career Outlook Report HY2 (July-December 2024), based on a survey of over 603 companies across India conducted between April and June 2024, indicated a positive trend in the job market for new graduates.
'I have no idea about such a medal. Never got one,' says Surya Shekhar Ganguly, the national chess champion between 2003 and 2008.
The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Following the IPOs of food delivery major Swiggy and two other companies slated for next week, this year's total will reach nearly Rs 1.2 trillion, going past 2021's record tally of Rs 1.19 trillion. Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO opened on Wednesday (Nov 6), while health-tech firm Sagility India's Rs 2,106 crore IPO opened a day earlier.
Police have uncovered a nefarious scheme orchestrated by a man masquerading as a judge in his own fake tribunal and passing 'judgements' since 2019 especially in land deals in Gandhinagar area.
The Mumbai police have issued a notice to a teenage boy, his father and another person from Rajnandgaon in Chhattisgarh to join questioning in connection with bomb threats posted on social media targeting three flights, officials said.
Police said the postmortem report of the class two student revealed that he was strangled.
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