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NEW DELHI: Jawed Habib, his son Anos Habib, and an associate have been accused of defrauding investors by promising high returns through a scheme under the banner of Follicle Global Company (FLC), news agency PTI reported. According to authorities, the accused collected Rs 5-7 lakh from each investor, claiming it would yield returns of 50-70…
Stock market: Dalal Street witnessed strong momentum last week as the combined market capitalisation of eight of India’s top 10 most-valued companies rose by Rs 1.94 lakh crore, reflecting renewed investor optimism.Tata Consultancy Services (TCS) emerged as the biggest gainer, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines in their valuations,…
Last year in May, when Ramjit Yadav, a man accused of killing his wife, walked out of UP‘s Azamgarh jail on bail, he took with him the jail’s chequebook. Within months, he stole Rs 30 lakh, from the prison’s bank account operated by jail superintendent Aditya Kumar Singh, reports Rajeev Dikshit. The con came to…
Long before 3 Idiots became a record-smashing hit, Chetan Bhagat was a banker with a side passion for storytelling. His debut novel Five Point Someone (2004) changed that trajectory, eventually catching the attention of filmmakers and opening doors that would lead him away from finance and into full-time writing.In a recent conversation with Kushal Lodha…
India needs to boost mariculture production to 25 lakh tonnes by 2047 from the current 1.5 lakh tonnes to meet the country’s rapidly growing seafood demand, CMFRI Director Grinson George said on Saturday.Speaking at the launch of a training programme for fish farmers under the central government’s Pradhan Mantri Dhan Dhanya Krishi Yojana (PMDDKY), George…
The organised gold loan market is projected to touch Rs 15 lakh crore by March 2026 — a full year ahead of earlier forecasts — as banks tighten their dominance and expand faster than non-banking financial companies (NBFCs), according to a report by rating agency Icra.The agency had earlier estimated in September 2024 that the…
Pawan Kalyan’s ‘They Call Him OG’ opened strong but experienced a significant drop, earning just Rs 75 lakh by Day 15. Despite a Rs 169.3 crore opening week, the film’s momentum faltered, with collections dipping sharply. Facing competition from ‘Kantara: Chapter 1’, ‘OG’ saw declining theatre occupancy. The action drama features Emraan Hashmi’s Tollywood debut….
NEW DELHI: The road transport and railway ministries have achieved a record capital expenditure utilisation of 63% and 56.5%, respectively, during the first half of the current financial year. The combined capex of the two ministries by Sept end was over Rs 3.1 lakh crore, as against the budgetary allocation of Rs 5.2 lakh crore…
The PPF investment limit was last hiked in 2014, when the government increased the maximum annual contribution from Rs 1 lakh to Rs 1.5 lakh. The Public Provident Fund (PPF) is a popular and safe investment that gives assured and tax-free returns. At 7.1% tax-free, it offers higher returns than what other fixed income options…
Gold rate today:Gold prices surged for the third consecutive day, rising Rs 2,600 to a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday, reflecting strong global trends amid geopolitical uncertainties triggered by the prolonged US government shutdown. The precious metal has gained Rs 6,000 over the past three…
