Mamta Roy, Author at Talk To Iconic

PM Narendra Modi attended the funeral of Shinzo Abe of Japan on Tuesday, representatives of more than 100 countries also reached

On Tuesday, former Japanese Prime Minister Shinzo Abe’s funeral was visited by Prime Minister Narendra Modi. Shinzo Abe‘s state funeral is currently taking place in Tokyo, according to ANI. Modi seems highly upset during this. Numerous foreign leaders attended Abe’s funeral in addition to PM Modi. US Vice President Kamala Harris is included in it as well. In addition, more than 20 heads of state and government as well as officials from over 100 other nations have arrived in Japan.

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During a speech in Nara on July 8, Abe was attacked. Shinzo Abe was wounded while making an election campaign speech on the street in Nara, Japan, at about 11:30 a.m. local time. Nara is located east of Osaka. Abe was rushed to the hospital, where at 5:03 he was pronounced dead.

PM remembers Shinzo Abe

In this regard, Narendra Modi paid tribute to former Japanese Premier Shinzo Abe. We are meeting now in this hour of sadness, he said to Fumio Kishida. The previous time I visited, Shinzo Abe, a former Japanese prime minister, and I had a lengthy talk. All of India is paying tribute to Shinzo Abe.

Prime Minister Narendra Modi attends the State funeral of former Japanese PM Shinzo Abe in Tokyo.

Former Japanese PM Abe was shot during a speech in Japan's Nara city on July 8th. pic.twitter.com/3e0dGTa7FT
— ANI (@ANI) September 27, 2022

Prior to attending Shinzo Abe’s state funeral, PM Modi had a meeting with Fumio Kishida from Japan. The two presidents had a conversation about India-Japan relations during this time. “I am convinced that under your leadership, India-Japan ties would develop and scale new heights, and we will be able to play an appropriate role in tackling the challenges of the world,” PM Modi said during the bilateral meeting with Kishida.

Political stir in Rajasthan Congress intensified, Gehlot faction revolted against Pilot

In Rajasthan, the Congress appears to be in shambles once more. Ashok Gehlot‘s claim in the race for Congress President caused a commotion that quickly developed into a political uproar. Following Gehlot, there has been uproar regarding the high command’s potential choice to appoint Sachin Pilot as Chief Minister. The resignations of every MLA in the Ashok Gehlot faction have been made public.

The party’s senior command is taken aback by its treatment of Gehlot. According to reports, Sonia Gandhi, the interim president, requested that KC Venugopal call Gehlot and inquire about the situation in Jaipur. He claimed that the MLAs made this decision on their own and without consulting them. Venugopal then had a conversation with Kharge.

The high command has asked that the entire situation be resolved. He has been instructed to come up with a solution in the night itself after speaking with every MLA. On Sunday night, Gehlot summoned a meeting of the parliamentary party, which was attended by observers Mallikarjun Kharge and Ajay Maken who had been dispatched from Delhi.

It has been reported that the MLAs will be asked to vote in favor of a motion authorizing the High Command to choose a new Chief Minister. The Gehlot faction is concerned that Sachin Pilot will be given control by the high command. Ashok Gehlot and Sachin Pilot have a history of animosity between them. Since the 2018 uprising, pilots have been criticizing Gehlot.

Gehlot faction showed strength

Political experts are astounded by the Gehlot faction’s wager. It may also be observed in the way Gehlot supported the Gandhi family even before he was elected Congress President. In 2020, Sonia and Rahul Gandhi took the decision to honor their pledge to Sachin Pilot.

Pilot, who was crucial in the Congress’s victory in Rajasthan in 2018, was expected to be appointed chief minister. Gehlot, though, is not a fan of the pilot. It was already possible that Gehlot might choose to transfer the chair to a family member or close friend rather than Pilot. But no one had anticipated that MLAs would go in such a manner.

Big fall on the last trading day of the week, these stocks suffered the most

The national benchmark index experienced a significant fall on the final trading day of the week. Investors have experienced a loss of nearly Rs 4 lakh crore as a result of this decline in the benchmark. The market capitalization of businesses on the BSE has decreased to Rs 277.58 lakh crore.

The Sensex has dropped 1020.80 points to a level of 58,098.92 as of Friday’s market closing. It fell by 1.73 percent. The Nifty index, on the other hand, also fell by 302 points. It decreased and ended the day at 17327.35 points. Nifty Media, Nifty Firm, and Nifty Metal all experienced slight rises relative to the industry. The Nifty Bank, Nifty Realty, Nifty Realty, and Nifty Energy index, on the other hand, had a loss of roughly 1%.

These stocks were the biggest losers

Power Grid, Tech Mahindra, HDFC Twins, IndusInd Bank, Axis Bank, Kotak Bank, and NTPC were the greatest declines, while shares of Tata Steel, HUL, Infosys, HCL Tech, Titan, ITC, and Sun Pharma performed well.

Decrease in liquidity

It has been 40 months since banking liquidity decreased. The RBI released Rs 50,000 crore on Thursday under the Variable Rate Repo program to enhance liquidity (VRR). Due to the advanced tax deposit system’s withdrawal of money, an increase in credit demand, and a slowdown in deposit growth, liquidity has decreased.

Shares of Tata Steel rose 2%

Tata Steel’s stock rose by up to 2% during Friday’s trading session. This strength became apparent when word spread that the company’s board had approved the merger of six Tata Group entities with Tata Steel. On Friday, shares of Hero MotoCorp were also observed trading in the negative territory. Explain that starting on September 22, the corporation will be raising the price of their automobiles.

PM Modi gave big responsibility to Ratan Tata, became the trustee of PM Care Fund; other people involved

Ratan Tata, a renowned industrialist in India and the chairman of Tata Sons, has been given a significant duty by Prime Minister Narendra Modi by becoming a trustee of the Prime Minister’s Care Fund. In addition to Ratan Tata, KT Thomas, a former Supreme Court justice, and a former deputy speaker of the Lok Sabha has reportedly been named trustee of the PM Cares Fund.

New people included

Major national figures have reportedly been nominated for the advisory council by the media. It is revealed that the advisory board also includes former Indicorps CEO Anand Shah, former Infosys Foundation chair Sudha Murthy, former CAG Rajiv Mehrishi, and former CEO of the Piramal Foundation.

#JustIn | #PM Modi (@PMOIndia) chairs meeting of Board of Trustees of PM CARES Fund. Justice KT Thomas, Karia Munda, Ratan Tata, Join as Trustees#PMCARES #PMModi pic.twitter.com/nuGNOA2Hga
— CNBC-TV18 (@CNBCTV18Live) September 21, 2022

Prime Minister chairs decision

Prime Minister Modi presided over Tuesday’s Board of Trustees meeting. Nirmala Sitharaman, the union home minister, and the prime minister attended the meeting. Please be informed that new PM Care Fund members were chosen at the conference itself. Additionally present at the meeting where all of the newly elected members. Prime Minister Modi greeted all recently elected trustees and members. During the Corona pandemic, the PM Care Fund was established as a means of immediate help. In charge of this fund is the Prime Minister.

10,990 crore fund

The PM Care Fund, established to address catastrophes like the Covid-19 pandemic, has expanded about three times in the fiscal year 2020–21, according to statistics provided on behalf of the audit. The current total is Rs 10,990 crore. The expenditure from this fund has also climbed three times, reaching Rs 3,976 crore, in the same period. include about Rupees 1,392 crores for the acquisition of Covid vaccinations and Rupees 1,000 crores for the welfare of migrants.

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Gehlot reached Delhi to meet Sonia Gandhi, said – I am ready for whatever the party feels is right

The race to become president of Congress is getting more competitive. Ashok Gehlot, the minister of Rajasthan, arrived in Delhi on Wednesday to see Sonia Gandhi. His name is believed to be near the top of the list of possible presidential candidates. According to his own comments to the media, he will try to convince Rahul Gandhi, but if he does not agree, he cannot refuse to become the party’s president.

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‘I will request Rahul Ji for the last time to become the President of Congress, following which I will make a decision,’ Rajasthan Chief Minister Ashok Gehlot said. I have received everything from the party, and I will carry out any duties that are assigned to me. I won’t be able to decline if the party decides that I should serve as president.

Gehlot will go to Kochi to meet Rahul Gandhi

As Gehlot reached Delhi, he also expressed his desire to convince Rahul Gandhi to stay in Kochi as party leader. He stated that he wouldn’t decide what to do until he had spoken with Rahul Gandhi. I have to serve Congress, Gehlot stated. I’ll be prepared wherever I’m needed. I won’t be able to say no if the party deems I am more necessary as President or Chief Minister.

If people in the party think I'm needed in the role of party president or CM, then I won't say no….I'll again request Rahul Gandhi (to become Cong pres). If he conducts Bharat Jodo Yatra as party president, then it'll create an aura for the party: A.Gehlot, Rajasthan CM & Cong pic.twitter.com/Jm5m5xBSQS
— ANI (@ANI) September 21, 2022

Congress President will be elected on September 22. According to the published election calendar, the nomination filing period will run from September 24 to September 30. October 8 is the final day for withdrawing nominations. Voting will take place on October 17 and results will be announced on October 19 if there are multiple candidates.

Modi-Modi slogans raised when Kejriwal reached Gujarat, Vadodara; how was CM Kejriwal’s reaction

The Gujarat elections are already being prepared for by political groups. The state of Gujarat has seen the biggest Aam Aadmi Party activity before the Assembly elections. During this time period, AAP leader Arvind Kejriwal traveled extensively through Gujarat.

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Tuesday, when he arrived in Vadodara, people began chanting “Modi-Modi” in his face. He simply grinned and walked away without responding. On social media, the video of the entire incident is gaining more and more popularity.

#WATCH | Delhi CM and AAP national convener Arvind Kejriwal greeted with ‘Modi-Modi’ chants in Vadodara, Gujarat…later ‘Kejriwal-Kejriwal’ chants also heard. pic.twitter.com/dr8HB5Hw2q
— ANI (@ANI) September 20, 2022

Arvind Kejriwal in Vadodara

On Tuesday, Delhi’s Chief Minister and Aam Aadmi Party national convener Arvind Kejriwal arrived in Vadodara as part of a one-day visit to Gujarat. He came here to speak at a town hall meeting. AAP leader has made several trips to Gujarat recently to meet with residents of its BJP-run state. Gujarat holds elections later this year.

Arvind Kejriwal made these promises

Kejriwal has recently made various promises during his visits to Gujarat. It includes opportunities for employment, allowances for women and young people who are unemployed, free, high-quality health care, education, and up to 300 free units of electricity every month.

Patanjali shares have made investors rich, Patanjali to launch 4 new IPOs

Shares of Patanjali Foods are multibagger stocks. This stock has provided investors with multibagger profits in just three years. The company has also set the record date for its dividend, which will be paid on September 26, at Rs 5 per share to shareholders. The Patanjali organization will also be launching 4 IPOs in the near future, according to recent statements made by Baba Ramdev.

In the past three months, Patanjali Foods’ stock has increased by 38%. In the past six months, investors have earned 46% on this stock. In terms of the year 2022, this stock has already generated profits for investors of 56%. In one year, it returned 26% to investors, and in three years, it returned 39,250% multibagger to investors.

Money did 4 times in 3 years

In the past three years, Patanjali Foods has provided investors with incredible profits. Three years ago, an investor put one lakh rupees into this stock; currently, the value of that investment is 3,99,717 rupees. In a similar vein, the investor who put Rupees 1 lakh into Patanjali Foods a year ago now receives Rupees 1,26,000 in return.

Market capitalization crosses 50 thousand crores

Last week, the price of Patanjali Foods Limited’s stock touched Rs 1,415. Its 52-week high is right now. With this, Patanjali’s market capitalization once surpassed the mark of Rupees 50,000 crores. In a press conference last week, Baba Ramdev predicted that Patanjali’s revenue will increase 2.5 times, to Rs 1 lakh crore, during the following five to seven years.

Group to bring 4 new IPOs

In a recent press conference, Baba Ramdev mentioned that the group company Patanjali Foods is now traded on the stock market. Four other group companies will go public in the following five years. The companies that will be listed include Patanjali Ayurved, Patanjali Medicine, Patanjali Lifestyle, and Patanjali Wellness.

Political stir in Punjab intensifies! Capt Amarinder Singh’s party will merge with BJP, official merger on September 19

The political commotion in Punjab is producing some big headlines. Captain Amarinder Singh, who quit the Congress and started a new party, would combine it with the Bharatiya Janata Party just before the assembly elections. Along with this, he and his family will also join the BJP. He previously contested for the BJP in the Vidhansbaha elections in Punjab.

Official merger on September 19

According to news that on September 19 the Punjab Lok Congress, led by former Punjab Chief Minister Captain Amarinder Singh, will formally unite with the BJP. In the presence of BJP National President JP Nadda, Captain Amarinder Singh will formally join the party as the main member at the BJP Headquarters in New Delhi. Also joining the BJP will be roughly 6 to 7 former Punjabi MLAs, the captain’s son Ran Inder Singh, daughter Jai Inder Kaur, and grandson Nirvan Singh.

The fact that Captain Amarinder Singh has been chief minister twice in Punjab. He served as Chief Minister for almost nine and a half years. Congress ousted him from the CM’s chair the previous year, three months before the polls. The Captain then founded Punjab Lok Congress, a new political party. subsequently ran for office in coalition with the BJP, but along with his candidate, the Captain also came in last. BJP only won 2 seats as well. The Punjabi people’s inclination to abandon the old parties is being linked to this setback, nevertheless.

Gautam Adani became the second richest person in the world, beats Bernard Arnault, know Adani’s business journey

Gautam Adani is now the world’s second richest person. As of now, Gautam Adani is the only billionaire in the top-10 list after Elon Musk. In order to move up to this position in the Forbes Real Time Billionaire Index, Gautam Adani passed Bernard Arnault. He remains in third place on Bloomberg‘s Billionaire Index.

The main source of Adani’s riches is its publicly held ownership interest in the Adani Group, which is where it got its start. According to a March 2022 stock exchange filing, he has a 75% ownership stake in Adani Enterprises, Adani Power, and Adani Transmission. He has 37% of Adani Total Gas, 65% of Adani Ports and Special Economic Zones, and 61% of Adani Green Energy under his control. These businesses are all situated in Ahmedabad and are all publicly listed.

Adani’s business journey

According to Bloomberg, Adani is India’s top port operator, producer of thermal coal, and trader of coal. Gujarat is where Gautam Adani was born. After dropping out of college, he traveled to Mumbai as a youngster and worked in the diamond industry before going back to his home state.

Polyvinyl chloride (PVC) imports for his brother’s plastics company marked the beginning of his international enterprise. Adani Enterprises, the group’s primary business for the import and export of goods, was founded by him in 1988.

In 1994, Adani Enterprises requested permission from the Gujarati government to establish a port facility at Mundra Port for the purpose of handling its own cargo. Adani chose to transform the project into a commercial port after realizing its potential. By personally negotiating with more than 500 landlords across India to construct India’s largest port, he created rail and road connectivity. In 2009, Adani started producing electricity.

Loan became expensive for SBI customers, the bank again increased the interest rates

The cost of taking out any kind of loan from SBI has increased. The bank has raised interest rates once more. State Bank of India (SBI) has announced plans to raise the benchmark prime lending rate (BPLR) by 70 basis points, or 0.7%, according to information obtained from the bank’s website. SBI’s BPLR has now increased to 13.45 percent as a result. The new tariff is in place as of right now, September 15th.

According to experts, SBI made this adjustment in anticipation of a potential hike in the repo rate in the monetary policy. It is possible that the RBI will raise the repo rate by 50 basis points in its monetary policy for September. The likelihood of a repo rate increase has grown further as a result of the increase in retail inflation.

Borrowers will be burdened in this way

The EMI for both new and existing customers will rise as a result of SBI’s higher BPLR. The loan payments will therefore be greater than before. Banks will raise the loan’s interest rate. SBI last modified the BPLR in the month of August. It is interesting to note that earlier banks used to base customer loans on the previous benchmark. Nowadays, the majority of banks base their loan rates, or EBLRs, on external benchmarks.

Consumers borrowing for their homes and cars will be most affected by this bank’s decision. Many people around the nation borrow money from SBI for cars and homes. The EMI burden will also fall on anyone looking to purchase a home or automobile during the festival season.

Up to 50 basis points increase in August

The regular lending rates at the State Bank of India (SBI) were increased by 50 basis points in August (or half a percentage point). SBI increased the lending rate a few days after the Reserve Bank of India (RBI) increased its benchmark lending rate by 50 basis points to curb inflation. The external benchmark-based lending rate (EBLR) and repo-linked lending rate (RLLR) both experienced rises of 50 basis points in addition to the 20 basis point increase in the marginal cost of funds-based lending rate (MCLR) for all tenors.

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