Minister of State for Finance Bhagwat K Karad has urged private sector banks to promote various financial inclusion programs such as Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Pradhan Mantri Suraksha Bima Yojana. During a review meeting, he emphasized the importance of these programs in providing basic financial services to underserved populations and encouraged banks to take innovative measures and intensify their efforts.
After a correction which has been caused by both domestic and global events, Nifty is once making an attempt to move into a range bound mode. During this period, one should keep an eye on market breadth as it would give a more reliable indication of what is in store both in short and long term for Indian equities. During this period analysts are bullish on certain large cap stocks. Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, insurance, auto ancillary and fertilizer space. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.
The Rashtriya Loktantrik Party (RLP) in Rajasthan is expecting a tough fight on around 100 out of the total 200 assembly seats in the upcoming elections. RLP leader Hanuman Beniwal stated that the party is in talks with other parties for a pre-poll alliance and hopes to form an alternative to the BJP and the Congress.
The ruling Bharatiya Rashtra Samithi (BRS) in Telangana has promised a range of benefits in its manifesto ahead of the upcoming Assembly elections. These include monthly financial assistance of ₹3,000 for women, gas cylinders at ₹400, housing for all, and a pension of ₹5,000 for the elderly and destitute. The BRS is aiming to outdo its main challenger, the Congress party, by offering higher pensions and cheaper gas cylinders. The BRS has also pledged to increase the popular Rythu Bandhu scheme, which provides financial assistance to farmers, to ₹12,000 per acre over five years.
The Guinness World Records 2024 edition features 2,638 record-breaking achievements from around the world, with over 60 of them coming from India. Notable records include Cherrapunji s extreme rainfall, a massive concrete mermaid sculpture in Thiruvananthapuram, a car journey around the world by Saloo and Neena Choudhury, and the recognition of Indian folk musician Thanga Darlong and Jyoti Amge, the shortest living woman.