BUSINESS
The Extradition of Collapsed Crypto Founder Do Kwon Gets Approval
Kwon, who was apprehended at the airport in Montenegro in March with counterfeit documents, awaits a final decision on extradition from the Montenegrin Justice Minister.
SC Questions Prashant Bhushan on Treating the Hindenburg Report on Adani Group as 'Credible'
Expressing skepticism, the bench, which included Justices J.B. Pardiwala and Manoj Misra, emphasized the significance of material evidence casting doubt on the Securities and Exchange Board of India's (SEBI) investigations, a statutory body entrusted with probing stock market violations.
Air India to Commence Four Weekly Flights from Delhi to Phuket
The direct route aims to cater to the demand for more convenient air travel between the two cities, promoting both tourism and trade.
Germany Nears Recession Threshold, Reports Destatis
Destatis President Ruth Brand highlighted the fragile economic development, noting a sluggish performance at the start of the second half of the year, following nearly stagnant economic output in the initial two quarters.
India's Forex Reserves Surge by $5 Billion in a Week
This increase comes after a slight dip in the forex reserves by $462 million, recorded in the preceding week that ended on November 10, bringing the reserves down to $590.32 billion.
CJI Says SEBI Cannot Take Action Against Entities Solely Based on News Reports
The Supreme Court noted that the Securities and Exchange Board of India (SEBI) cannot be expected to base its findings on newspaper reports.
Mumbai-Ahmedabad Bullet Train Project Milestone, 100km of Viaducts, 250km of Pier Work Completed
Providing a detailed timeline, the NHSRCL disclosed that the first girder was launched on November 25, 2021, followed by the completion of the initial kilometer of viaduct by June 30, 2022, achieved within a span of six months.
New India Assurance Stock Surges 17% in Market Rally
Life Insurance Corporation of India (LIC) witnessed a 7% increase, reaching Rs 662. The positive momentum in PSU insurance stocks comes as GIC (General Insurance Corporation) reported that a rating agency has re-affirmed existing ratings and assigned an India National Scale Rating (NSR) to GIC.
Nifty Dips Amidst Banks' Poor Performance Impact
He underscores that the Nifty's performance is influenced by the underwhelming performance of banks, which carry substantial weightage within the index.
Q3 Report Shows India's Smartwatch Shipments Surge by 21%, Fire-Boltt Takes the Lead
One of the notable aspects was the surge in domestic manufacturing, reaching an all-time high market share of 82 percent, a remarkable increase from just 4 percent a year ago.
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