Author: TheSpuzz Desk

Closing Bell on April 26: After starting higher on Friday, equity markets had an anti-climatic end today dragged by Bajaj Finance, Bajaj Finserv, Nestle India, IndusInd Bank, M&M, Kotak Mahindra Bank, JSW Steel, Maruti Suzuki, HCL Tech, and SBI.  The markets, thus, snapped their five-day losing streak as these heavyweight stocks tumbled between 1 per cent and 8 per cent. The S&P BSE Sensex declined 609 points, or 0.28 per cent, to end at 73,730. The NSE Nifty50, too, ended at 22,420, down 150 points or 0.67 per cent.  The broader markets, on the contrary,…

India and Oman have annual trade of less than $13 billion. New Delhi: India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New Delhi seeks to expand its ties in the Middle East, where rising tensions are putting major shipping routes at risk. “It will help India with a strategic partner and access to key trade routes in a volatile region,” one official told Reuters. India and Oman have annual trade of less than $13 billion, but the relationship is important for New Delhi as the Gulf nation is a gateway…

This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value. Read Full Article

Illustration: Binay Sinha4 min read Last Updated : Apr 26 2024 | 9:20 AM IST In a breather for charitable trusts and NGOs, the Central Board of Direct Taxes (CBDT) has again extended the deadline for filing Form 10A/ Form 10AB under the Income-tax Act, 1961, to 30 June 2024, the government announced on Thursday. The extension aims to facilitate smoother compliance procedures. What are Form 10A, Form 10AB? Form 10A is an application form filed by trusts/institutions who wish to get themselves registered for income tax exemption. Form 10AB is filed by trusts/institutions to renew their permanent…

The traveller told NPR that the encounter left them feeling “overwhelmed”. New York: A Boeing 767 Delta Airlines plane was forced to make an emergency return to the John F Kennedy International Airport in New York City after its emergency exit slide fell off after take-off, reported US-based media outlet NPR citing the airline. “After the aircraft had safely landed and proceeded to a gate, it was observed that the emergency slide had separated from the aircraft,” a Delta spokesperson said in a statement to NPR Friday afternoon. Delta Flight 520 from New York to Los Angeles “returned safely to…

The video has accumulated more than 5.6 million views. Needless to say, the Delhi Metro has become a lifeline of the city in 20 years and is regarded as one of the most convenient means of transportation. However, these days, the Delhi Metro has been in the news for bizarre reasons which have mostly to do with unruly and unusual passenger behaviour. Several videos of random fights, public displays of affection, dance reels, and bizarre dressing have surfaced online, leaving people speechless. Now, a similar video of a group of women singing and dancing inside the Delhi metro train has…

Pro-XRP lawyer and crypto advocate John Deaton has filed an amicus brief supporting Coinbase’s motion to certify an interlocutory appeal in the exchange’s ongoing case with the US Securities and Exchange Commission (SEC). In this petition submitted to the US District Court for the Southern District of New York, Deaton also heavily criticized the SEC’s regulatory approach while emphasizing the need for legal clarity in the crypto space. John Deaton Stands As Amicus Curiae For Coinbase Customers On April 12, Coinbase submitted a motion seeking an interlocutory appeal in its legal battle with the SEC over charges of violations of…

The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million from BODEN. Read Full Article

4 min read Last Updated : Apr 26 2024 | 10:06 AM IST Shares of Tech Mahindra surged over 13 per cent to Rs 1,344.95 on the BSE in Friday’s intra-day trade on strong management commentary. The management announced its vision for the financial year 2026-27 (FY27), with goals to outgrow peers in revenue growth and achieve earnings before interest and tax (Ebit) margin of 15 per cent by FY27. It also aims for a 30 per cent plus return on capital employed (ROCE) profile and expects to return >85 per cent of free cash flow (FCF) by FY27.…

Some 500 yoga-goers and camera-ready influencers began arriving at 5:00 am Bangkok: Stretching their fingertips to the reddening sky, hundreds of yoga devotees rolled out their mats on the runway of Bangkok’s main airport Saturday, practising their downward dog as early morning flights rumbled overhead. The unusual event on the airport’s third runway — which is still under construction — saw the workout paired with beverages as participants were offered coconuts, iced teas and water to incorporate into their routines. Some 500 yoga-goers and camera-ready influencers began arriving at 5:00 am, making their way in the dark to their mats…