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Budget Cheaper Costlier List: The thing that people are always most focused on in the Union Budget is the change in tax slabs. In the Union Budget of 2023-24, Finance Minister Nirmala Sitharaman made five major announcements regarding personal income tax. Giving relief to those opting for the new tax regime, the Finance Minister has … Read more
Journalist Nidhi Razdan announced on Tuesday that she has resigned from NDTV. Her resignation comes three days after her colleague Sreenivasan Jain announced her departure from the news channel. Check out the list of big names that left NDTV after Adani’s takeover. “After more than 22 years, it is time to move on from NDTV,” … Read more
Despite a negative report from New York short seller Hindenburg that marred market sentiment, India’s largest follow-on public offering or FPO worth Rs 20,000 crore by Adani Enterprises has been oversubscribed the last day today with strong support from non-institutional investors. Gautam Adani has now lost his position in the elite club of the top … Read more
Having lost $36 billion of his wealth so far in January following a plunge in company share prices in the wake of the Hindenburg report, Gautam Adani has now lost his position in the elite club of the top 10 billionaires in the world The 60-year-old Indian tycoon based in Ahmedabad now ranks 11th on … Read more
Most shares of Adani Group fell sharply on Monday as the Indian conglomerate’s rebuttal of criticism by an American short seller failed to appease investors, deepening a market slide that has now led to losses of $65 billion in value of group shares. Asia’s richest man Gautam Adani, the Indian group clashed with Hindenburg Research … Read more
In Pakistan’s Peshawar, the capital of Khyber Pakhtunkhwa, the death toll has increased to 25, while around 150 people have been injured as a result of the explosion at the Police Lines mosque on Monday. As a result of the blast, the injured have been shifted to the nearest hospital, Lady Reading. The hospital administration appealed … Read more
One day after Delhi received light showers, the national capital witnessed a windy and cold morning on Monday. The minimum temperature was recorded this morning at 10.2 degrees Celsius, one point above the average for the season. The city recorded 20 mm of rain in a 24-hour period. The maximum temperature is expected to be … Read more
The Hindenburg Research responded to the Adani Group’s rebuttal of its accusations, calling it an “attempt to obfuscate by nationalism.” “The Adani Group has not even attempted to clarify its relationship with a Chinese national (Chang Chung-Ling), despite a plethora of ties,” the response added. In its latest statement, the short seller said the Adani … Read more
Back-to-back responses from the Adani Group with strong statements criticizing the Hindenburg report as malicious have failed to stem its stock market slide. However, Adani Enterprises, which launched its follow-on public offering (FPO) on Friday, and Adani Total Gas are audited by Shah Dhandharia & Co. In its 106-page report, Hindenburg claimed that a small … Read more
The death toll in New Zealand from heavy rain has risen to four as flash flooding and mudslides on the North Island continued for a third day. New Zealand authorities declared a state of emergency on Friday in the country’s largest city, Auckland, after flooding brought torrential rains to the country. “This statement reflects the … Read more
