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Markets trading at a premium to current fair value; fund managers cautiously optimistic
“We remain cautiously optimistic on the market from a medium-term perspective. Our caution is because markets are trading at a premium to its current fair value," said Vinay Paharia, CIO, PGIM India Mutual Fund.
“However, this fair value…
RBI directs Bajaj Finance to stop sanction, disbursal of loans under two lending products
The Reserve Bank of India has on Wednesday in exercise of its powers under section 45L(1)(b) of the Reserve Bank of India Act, 1934, has directed Bajaj Finance Ltd. to stop sanction and disbursal of loans under its two lending products…
India ready in the trench to fight in rivals’ den
The FIFA World Cup is the greatest stage in the world of football. In theory, the stage is set once every four years. Practically, the hustle to make it there carries on every single day. It is a rigorous process, and India's…
Challans of BS-III vehicles increased to 34% from previous day, says Delhi Traffic Police
In a bid to deal with environmental degradation, the Delhi Police is rigorously implementing punitive measures against people adding to vehicular pollution.
The focus is on ensuring that vehicle owners adhere to the necessary…
Beware of fraudsters who call you and say they are from TRAI
The Telecom Regulatory Authority of India (TRAI) warned on Wednesday that some companies/agencies/individuals are making fraudulent calls to the public/customers and saying that they are calling from TRAI to tell them that their mobile…
IGBC Green Building Congress to kick start on Nov 23 in Chennai
The three day IGBC Green Building Congress 2023 that will kick start on November 23 here will see about 150 speakers-domestic and international- and over 500 green products, technologies being showcased, said officials.
The…
Mumbai Airport set record with 1,032 flights on Nov 11
With growing air travel during the festival season, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) notched a new record of 1,032 Air Traffic Movements (ATMs) on a single-day on November 11, officials said here on Wednesday.…
SJVN synchronises 1st unit of hydro project in U’khand with national grid
State-run hydropower major SJVN has synchronized the first unit of 60 MW Naitwar Mori Hydro Electric Project (NMHEP) with the national grid, its Chairman and Managing Director Nand Lal Sharma said on Wednesday here.
The project is…
X Corp banned over 2L accounts for policy violations in India in Oct
Elon Musk-run X Corp (formerly Twitter) banned a record 2,34,584 accounts in India between September 26 and October 25, mostly for promoting child sexual exploitation and non-consensual nudity.
The micro-blogging platform, going through…
ONGC looking at investing Rs 1 lakh crore to set up 2 petrochemicals units
Government-owned upstream oil giant ONGC is looking at investing around Rs 1 lakh crore to diversify into the manufacturing of petrochemicals to move up the value chain from crude oil, senior company executives said in a conference…