Author: Mamta Roy

I love to discuss and give information about politics, current affairs, and the economy. I love both my passion and patriotism.

Sensex-Nifty returned from red to green mark as soon as the stock market opened, Nifty crossed 18,500

The stock market was slow to start trading on Monday but subsequently picked up, thanks to foreign capital inflows and a decline in crude oil prices. The 30-share Sensex index of the BSE stood at 62,309.45 around this time, up just 15.81 points. The NSE Nifty, a wider index, increased five points to 18,517.75. Later, both indexes increased. The Sensex was up 179.64 points at 62,473.28 as of the time of writing this story, and the Nifty was up 24.85 points at 18,557.25.

Related Post – Best Luxury Hair Salons In Kolkata

On Friday, the Nifty closed at 18,512.75, up 28.65 points or 0.15 percent, and the Sensex closed 20.96 points or 0.03 percent higher at 62,293.64.

Top gainers and losers

The following companies saw gains: Wipro, Eicher Motors, Divis Labs, Bharti Airtel, Kotak Mahindra, HDFC Life, Axis Bank, PowerGrid, and Sun Pharma. The following companies saw losses: BPCL, SBI Life, Hero MotoCorp, Reliance, Bajaj Auto, Tata Motors, Asian Paint, Bajaj Finserv, UPL, Tech Mahindra, Bajaj Finance, Maruti Suzuki, UltraTech Cement.

Fall in rupee

On Monday, the rupee began the day by losing ground to the dollar. In the very first trade, the rupee lost 6 paise to reach 81.77 against the dollar. The rupee opened lower against the dollar at 81.81, according to the Interbank Foreign Exchange, before rising to 81.77. The performance of the rupee against the dollar earlier in Friday’s session was poor; it closed at 81.71, down 6 paise.

Related Post – Top 10 Fashion Bloggers in Kerala who rocked the Fashion World with their Trend

Income tax raid on businessmen and establishments of Saharanpur, action going on for 48 hours

On Saturday, income tax raids on the homes and businesses of numerous influential Saharanpur businessmen proceeded for the third day running. Since November 24, the Income Tax raids have caused a stir throughout the entire city.

Related Post – Buy Youtube Subscribers India Cheap {100% Real}

Let us inform you that on November 24, at around 6 am, Income Tax officers searched various places owned by numerous local merchants in more than a dozen vehicles. The city’s businessmen are in a panic as a result of the Income Tax Department’s raid. Numerous businessmen that are being raided also trade in real estate.

The Income Tax Department unit searched a church compound home and a jeweler’s store on Court Road. The team then continued their investigation of the Court Road store until late at night. Jewelers also deal in real estate. The crew also conducted a raid on a city honey trader’s home. The Ahmedabad home of a CA has also been searched by the income tax team. The squad also raided a hardware store in addition to these targets.

Action going on for 48 hours

In addition to the officers from Ghaziabad, the information collected indicates that the raiding force also included officers from Delhi and Kanpur. The crew is interrogating each trader. At all locations, the Income Tax Department’s operations continued until late in the day. Although the team’s participating Income Tax officials have been reticent to divulge any information. The same raid went on until late on November 25, the second day, and all of the officers stayed the entire night in the homes of these merchants.

Let us inform you that the city is experiencing a heated conversation climate as a result of the nonstop activity that has been occurring for the past 48 hours.

Related Post – Top 10 Fashion Bloggers in Kerala who rocked the Fashion World with their Trend

Manish Sisodia’s difficulties increased! Scam of Delhi schools came to light

Before the Delhi Municipal Corporation polls, the Aam Aadmi Party‘s problems don’t appear to be going away. While the controversy over the massages and VVIP treatment in jail was still going on, a significant scandal in Delhi schools came to light.

Related Post – Top Instagram Fashion Bloggers in Assam, Guwahati, North East

After Satyendar Jain, Manish Sisodia, the minister of education for Delhi, may now face more challenges. A scam worth Rupees 1300 crore was discovered during a vigilance inquiry. 2400 classrooms were built, according to allegations of financial theft. An investigation into the swindle has been advised by the Vigilance Directorate.

Work done without tender of 42 crores

It has been suggested that an investigation be conducted into the PWD and Education Department representatives. Investigations have shown that 5 schools received 42 crores worth of unbiddable labor. The number of restrooms needed in the schools was 116, but 1214 restrooms were built. The Delhi government’s Vigilance Directorate reportedly gave the chief secretary a report that urges a probe, according to official sources.

Delhi’s government was asked to respond in February 2020

The Central Vigilance Commission (CVC) pointed to “serious abnormalities” in the Public Works Department’s construction of more than 2,400 classrooms in Delhi government schools in a report dated February 17, 2020 (PWD). In order to get feedback on the report, the Vigilance Commission sent it to the Directorate of Vigilance, Government of Delhi, in February 2020.

Priyanka joins Rahul Gandhi during Bharat Jodo Yatra, Congress eyeing 16 seats

The “Bharat Jodo Yatra” of the Congress has entered BJP-ruled Madhya Pradesh after traveling through six southern and western states. Today in the state, the 3,570-km foot march got underway from Borgon village, where Rahul Gandhi joined her. Priyanka Gandhi is also participating in the Bharat Jodo Yatra.

Related Post – Best Hyderabad Bridal Makeup Artists

Schedule for today’s travels

From Borgaon, the trek began. The journey will stop for a while close to Dulhar Phata around 10:00. The yatra will thereafter begin and arrive in Baroda Ahir. Rahul Gandhi will pay tribute to Tantya Bhil here in the afternoon. At 2:35 PM, a tribal meeting will be called. The yatra will then arrive at Panthana – Gurdwara Sahib at around 3 o’clock. Additionally, the yatra will rest at Roshia at 7-8 in the evening (Kherda).

It will pass through 25-30 assembly constituencies in Madhya Pradesh, including Burhanpur, Khandwa, Khargone, Indore, Ujjain, and Agar-Malwa after traveling 399 kilometers on December 5. Bharat Jodo Yatra is obstructed by five Madhya Pradesh Lok Sabha seats. Dewas, Khandwa, Khargone, Indore, and Ujjain. All of these seats belong to the BJP.

Congress eyes on 16 seats

Let us inform you that Congress is concentrating on the 16 assembly seats along the route that the BJP now holds. In the 2023 elections for the assembly, the party hopes to take home all 16 seats. The Congress won the state’s 2018 assembly elections, but the Kamal Nath-led administration was toppled after just two years when Jyotiraditya Scindia and more than 20 other legislators switched to the BJP. Following this, the state’s BJP government was established.

HP will also lay off employees after Amazon and Twitter, expected to cut 6,000 jobs by the end of 2025

Around the world, there is a wave of layoffs in the tech industry. Another significant tech company has opted to lay off employees, following Twitter, Meta, and Amazon. HP Inc., a manufacturer of electronics and laptops, is predicted to axe around 6,000 jobs.

Related Post – Buy 100% Real Instagram Followers & Likes in Dubai UAE

The company won’t be firing everyone at once, which is a comfort. Instead, this round of layoffs could last until the end of 2025. The corporation will reportedly reduce its global workforce by around 12% as a result of this downsizing.

Layoffs will continue till 2025

There are now about 50,000 employees working for HP Inc. Approximately 4,000 to 6,000 employees will be laid off by the company over the next few years. The company’s decision to announce the layoffs while presenting its financial year 2022 report is unique. “The corporation intends to lay off 4,000–6,000 workers. By the end of 2025, the retrenchment process is anticipated to be finished “The declaration said.

Declining sales are the reason

Company sources claim that during the Corona outbreak, sales of HP’s laptops and computers increased significantly. However, as the school offices reopened following the pandemic, PC and laptop category sales once more stagnated. The corporation has decided to eliminate positions due to the fast declining sales.

Inflation and recession

One of the main causes for layoffs by businesses can also be concerns about inflation and a worldwide economic collapse. Given these circumstances, HP Inc. is anticipated to report lower-than-expected first-quarter profits due to sluggish demand. Although the corporation has not yet specified when this layoff will begin in India and other international markets.

(Input – IANS)

Heavy fall in Paytm shares, shares below Rs 500 level

The terrible days of investors in Paytm, the nation’s top provider of digital payment services, do not appear to be ending in the hopes of positive results. One97 Communication, the parent company of Paytm, began listing on the day it was impossible to predict when it would stop. With a valuation of Rs 18,300 crore, it is the second-largest IPO in the nation to date. On Tuesday, Paytm’s stock plunged once more, dropping up to 8%.

Related Post – Top Professional Hairstylists In Kolkata

The stock came below the level of Rs 500

On Tuesday, the second trading day of the week, the stock market opened flat. In the meantime, Paytm’s stock started to decrease right away. By 10.30 am, the company’s shares had lost 7.86%, or Rs 42.20, and were trading below Rs 500. The shares are currently being traded at Rs 494.80. The price of Paytm’s shares peaked at Rs. 486 during the first round of trading. Shares of Paytm were down 9.08% and trading at Rs. 488.25 by 12:15 p.m.

Where did the stock price reach?

The pricing range for the Paytm IPO was set at Rs 2080 to Rs 2150 due to the issue size of Rs 18,300 crore. This IPO received a fantastic response from investors. However, since the shares were listed at a discount, the company has not been able to recoup from the share price decline. In November 2021, Paytm’s shares were floated on the stock market at Rs 1,950 with a 9% discount.

Paytm started 10 years ago

About ten years ago, Paytm was founded. Initially, the business was recognized as a platform for cellphone recharges, but under the direction of CEO Vijay Shekhar Sharma, the Paytm Paymate service experienced a meteoric rise following the 2016 demonetization. The BSE Sensex was trading at 61,299.17, up 154.33 points or 0.25 percent, while the NSE Nifty was trading at 18,200.95, up 41 points or 0.23 percent, as of the time the news was published in the stock market on Tuesday.

PM Modi gave appointment letters to 71,000 youth under the Rozgar Mela, aims to develop India by 2047

71,000 newly hired candidates received employment letters from Prime Minister Narendra Modi today as part of the ‘Rozgar Mela’, which began at 10:30 am on November 22. This event was held via video conferencing. Additionally, appointment letters in printed copy were sent to 45 various locations across the nation. PM Modi spoke to these recently appointed candidates before distributing the appointment letters.

Related Post – Why You Should Hire A Social Media Agency – 5 Benefits To Hiring A Social Media Management Agency

Let us remind you that on October 22, PM Modi conducted an employment fair where 75,000 people received appointment letters.

What departments will receive appointment letters

According to information provided to the PMO in a statement, these appointment letters will be distributed at 45 locations across the nation for new appointments. These appointment letters were given out for the posts of teacher, lecturer, nurse, nursing officer, doctor, pharmacist, and radiographer, as well as other technical and paramedical positions, in addition to the categories of positions already filled. A significant number of vacancies in various Central Armed Police Forces are also being filled by the Ministry of Home Affairs through this employment fair (CAPFs).

Developing India by 2047 is the goal

In the most recent employment fair, held in Gujarat, Prime Minister Modi stated that our goal is to have India become a developed country by 2047. The next 25 years, according to him, will be crucial for our nation. We have a lot of development to undertake, and you should fulfill your obligations to the community and nation. The PM had stated that he had been informed that in 2022, the Gujarat government came very close to meeting the goal of offering 35,000 people in a year government jobs.

Action will be taken against e-commerce companies buying fake reviews, new standard will be applicable from 25 November

Any company that writes fake reviews about online shopping, hotel or travel product, or a restaurant’s food and service will suffer greatly. The government announced the adoption of new guidelines on Monday in an effort to combat bought and fraudulent reviews. The new guidelines designed to stop false reviews will go into effect on November 25. following their becoming voluntarily.

Related Post – How To Go Viral on Instagram Reels – Top 10 Tips for Viral Reels

If the businesses do not adhere to these norms, the government may later make them obligatory. A corporation will be penalized for unfair trade practices if it violates the requirements.

These criteria have been established by the Bureau of Indian Standards (BIS) for evaluating any products or services. Rohit Kumar, secretary of the Union Ministry of Consumer Affairs, announced the norms and noted that they will all first be voluntary. He claimed that India was the first nation to establish guidelines for a writing product or service reviews.

Fake reviews will be banned

E-commerce businesses won’t be able to purchase phony and paid reviews once these regulations are in place. According to Rohit Kumar, one must only request verification in BIS after adhering to all review-related norms. A certificate will then be issued by BIS. Following that, the business may mention it on its website. Those businesses that disregard these norms will face harsh punishment.

Customers will get direct benefit

Reviews have a big impact on customers when they shop online. Customers cannot touch or physically inspect products on e-commerce platforms. In such cases, many customers won’t make their decisions about whether or not to purchase a product until they have read the review posted on the website or on another website that has already reviewed it. For this reason, many businesses fabricate reviews of their goods in order to boost sales.

Penalties for not following standards

According to Rohit Kumar, the business will now have to provide an explanation of how it assigns star ratings to products based on customer feedback. He claimed that e-commerce enterprises are also the target of numerous complaints. The government has established requirements for the review keeping this in mind. All websites that publish reviews must adhere to these guidelines. A fine will be imposed on the government if the organization pays for positive reviews and five-star ratings. Additionally, action will be taken if negative reviews are received from other businesses.

Strong earthquake shook Indonesia, more than 300 people injured and 44 people died

Java, Indonesia‘s largest island, has experienced a powerful earthquake. This earthquake resulted in the deaths of 44 people and the injuries of more than 300 others. This information was provided by AFP, which cited a local authority. This earthquake registered a 5.4 on the Richter scale for intensity.

Related Post – Weight Loss Tips: Lose weight in just 30 minutes of exercise, by these methods you will lose weight easily

The magnitude of this earthquake was such that it caused the city’s tall buildings to shake and sent residents fleeing from their homes and workplaces. Jakarta, the capital of Indonesia, also experienced an earthquake earlier on Friday. On the Richter scale, it registered as having a 6.6 intensity. It was 20 kilometers deep underground.

Damage to many buildings and roofs

Several buildings and their roofs in Chianjur were damaged by the earthquake, according to local Indonesian media. The local meteorological department warns residents to exercise caution because this region may experience additional earthquake tremors. So, people avoid going near structures. The number of fatalities linked to this earthquake may rise, according to some reports, because many individuals may be buried under the rubble and numerous others may have fractures.

Approximately 20 thousand earthquakes occur worldwide each year

Please inform them that there are roughly 20,000 earthquakes worldwide each year. However, they don’t have a strong enough intensity to do significant harm. The National Earthquake Information Center records these earthquakes. Information indicates that only 100 of every 20,000 earthquakes actually cause harm. In 2004, an earthquake in the Indian Ocean lasted the longest in recorded history. The 10-minute aftershock was felt.

Election rallies have gathered pace in Gujarat; Congress and Aam Aadmi Party will do road shows along with BJP

Gujarat Assembly Elections 2022 campaigning is picking more steam. Along with the BJP, which is currently in power, Congress and the Aam Aadmi Party are working extremely hard to win the state. Gujarat’s election ground will host rallies by three big leaders of all three parties on Monday.

Related Post – Best Luxury Hair Salons In Kolkata

Rahul Gandhi will address two rallies and campaign for the Congress, while PM Narendra Modi will hold rallies in support of BJP candidates. Arvind Kejriwal of the Aam Aadmi Party will also be seen holding a road show to solicit support from the public.

PM Narendra Modi will address 3 rallies in the state

Prime Minister Narendra Modi will speak at three Vijay Sankalp Sammelan rallies in Gujarat prior to the state’s legislative elections. The first demonstration for PM Modi on Monday is scheduled to start at 11 am in Surendranagar, followed by rallies at 1 pm in Jabusar and 3 pm in Navsari. In advance of the Gujarat assembly elections next month, Union Home Minister Amit Shah will hold four public gatherings in the state’s Dwarka, Somnath, Junagadh, and Kutch districts on Monday.

Rahul Gandhi will address two public meetings

Rahul Gandhi, the head of the Congress, will speak at two public gatherings on November 21 in Rajkot, Gujarat, and Mahuva, Surat. The “Bharat Jodo Yatra,” which is now traveling through Maharashtra and will visit Madhya Pradesh on November 20, is being led by Rahul Gandhi. The former Congress president will give two public speeches in Rajkot and Surat for the first time after avoiding Himachal Pradesh during his campaign.

Arvind Kejriwal will participate in the roadshow

Arvind Kejriwal, the chief minister of Delhi, is visiting Gujarat on November 20, 21, and 22. will take part in the Amreli road performance on November 21 at 5:00 p.m. Additionally, he will speak at a public gathering in Khambhalia on November 22 at 2:00 pm. and will speak at a public gathering in Surat at 9:00 p.m. in addition to taking part in a road performance there at 5:00 p.m.

Exit mobile version