The Economic Times, a leading business publication, has launched a new app that provides daily market updates and live business news. In addition, they have also introduced the option to subscribe to their Prime service, which allows readers to access the Economic Times ePaper online. The app also features information on top trending stocks such as SBI, Axis Bank, HDFC Bank, Infosys, Wipro, and NTPC, as well as mutual funds and tax-saving options. Investors can also find low-cost high-return funds, best hybrid funds, and top large cap funds, along with SIP options starting at just Rs. 500.
The Indian economy saw a slump in its GDP growth rate in the second quarter of the current fiscal year, coming in at only 5.4% compared to the projected 6.5%. This decrease was driven by slow growth in manufacturing and mining, along with weak government expenditure and private consumption. However, the Ministry of Statistics and Programme Implementation remains hopeful, stating that the overall growth in the first half of the fiscal year was 6.2%. The Reserve Bank of India has projected a growth rate of 7.2% for the full fiscal year.
The Enforcement Directorate (ED) has conducted a series of raids on businessman Raj Kundra and associates for their alleged involvement in a money laundering case connected to the distribution of pornographic material. The searches are being conducted across 15 locations in Mumbai and Uttar Pradesh. The investigation centers on the suspects' use of mobile applications and digital platforms for the dissemination of illicit content.
As Black Friday approaches, brands such as Xandres, Armedangels, Veja, Freitag, and JBC are offering alternative initiatives to counter the overconsumption and impulse buying associated with the shopping holiday. These initiatives include repair services, pausing before purchasing, swapping items, and drawing attention to water use in the fashion industry. By promoting sustainable consumption and encouraging people to cherish what they already have, these brands are taking a stand against the negative impact of Black Friday.
Get ready to save big this holiday season as Black Friday, the unofficial kickoff to the Christmas shopping season, is just around the corner. Originating in the United States during the late 1960s, this day has evolved into a global phenomenon, with retailers worldwide offering massive discounts and special deals. Despite its humble beginnings, Black Friday is now a shopping tradition celebrated by millions, with e-commerce platforms playing a crucial role in its popularity. Find out more about the history, significance, and global impact of this highly anticipated shopping extravaganza.
Indian Institute of Management, Calcutta has released the response sheet and answer keys for CAT 2024 exam. The exam was conducted on November 24 in 170 cities across India. Candidates can download their answer keys and response sheet from the official website and also submit objections against the answer key. The results are expected to be announced in January 2025 and candidates can check their scorecards on the CAT website.
China's Geological Bureau of Hunan Province has announced a groundbreaking discovery of a massive gold reserve in the Wangu gold field, with an estimated value of £66 billion. The deposit, believed to contain up to 1,100 metric tonnes of gold, has sparked a surge in gold prices and will have significant implications for both domestic and global markets. However, experts caution that the find will only partially address China's high gold consumption needs and will still require substantial imports. Stay updated on all the latest tech and gadget news on Gadgets 360, and don't forget to follow our in-house influencers, Who'sThat360, on Instagram and YouTube.
As Black Friday kicks off, retailers are scrambling to attract customers with heavily advertised discounts. However, the slow start to the sales despite ongoing promotions raises questions about the true value of these deals. In the past, the frenzy of Black Friday has led to long lines and overcrowded shopping centers, and 2023 was no different with cars stuck in hours-long queues at one New Zealand mall. With experts warning of potential pressure tactics and concerns from a major bank about overspending, it's important for young shoppers to carefully consider their purchases and not give in to the fear of missing out.
IMAX, the Canadian production theatre company, has reportedly announced its partnership with Dubai-based Camb.AI to offer its content in localised languages globally. The innovative use of AI technology in theatrical releases will allow viewers to enjoy the company's content in their native languages. This move is targeted towards the rising popularity of non-English content worldwide, especially in Western countries and Southeast Asian regions. With Camb.AI's advanced speech models and DubStudio platform, IMAX is set to cater to the linguistic diversity of its global audience and provide a unique and immersive entertainment experience.
In a surprising turn of events, shareholders of Zee Entertainment Enterprises Ltd (ZEEL) voted against the resolution to reappoint Punit Goenka as director in the company's 42nd annual general meeting. This comes after Goenka resigned as the managing director, but was appointed CEO to focus entirely on operational responsibilities. In response to the news, ZEEL's shares jumped nearly 8% in early trade, adding to a 15% increase since Goenka's resignation. The company's board has also designated its CFO, Mukund Galgali, as the deputy chief executive officer in addition to his current role.
In a dramatic turn of events, Punit Goenka, the managing director of Zee Entertainment Enterprises Limited (ZEEL), has withdrawn his reappointment for the position. This decision comes after ZEEL raised their targets for Goenka and extended his term for another five years. However, Goenka is now facing backlash and scrutiny from the company and its shareholders, especially after losing an arbitration claim against RailTel. With the company's profitability in question and major leadership changes in the works, what does the future hold for ZEEL?