Tag: Today

Adani’s net worth drops again as stocks bleed today

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The Adani Group companies’ stocks, which had been on an upward trend for a few trading sessions, saw a dip today, resulting in a drop of USD 1.7 billion in the net worth of its founder and chairman, Gautam Adani.

His net worth has fallen down significantly causing him to slip to the 25th position on the list of the world’s billionaires. It was USD 119 billion when Hindenburg released a report against the group and now it has dropped to USD 45.5.

Adani Power, Adani Transmission, NDTV, Adani Total Gas Limited stocks lock in lower circuits

Adani Power, Adani Transmission, NDTV and Adani Total Gas Limited’s shares are locked in lower circuits, while other Adani companies’ stocks, including Adani Enterprises, Adani Green, Adani Port, ACC, and Ambuja Cement are trading in the red.

All the Adani stocks are trading in red affecting Gautam Adani’s net worth. The situation is closely being monitored by investors, market analysts, and financial experts.

adani stocks March14 — Stocks of Adani Group companies at 11:15 am today

Top loser on billionaire list

Today, Adani once again emerged as the top loser. In one day today, the billionaire lost USD 1.7 billion i.e., 3.66 percent of his net worth.

Today’s top five winners

Name	Current net worth (in billion USD)	Change in net worth (in million USD)	Change in net worth (in percentage)	Country
Colin Zheng Huang	32.1	+1900	+6.35	China
Jeff Bezos	115.7	+1700	+1.48	US
Steve Ballmer	82.1	+1300	+1.67	US
Ma Huateng	36.5	+1200	+3.50	China
Qin Yinglin	20	+1100	+5.96	China

Today’s top five losers

Name	Current net worth (in billion USD)	Change in net worth (in million USD)	Change in net worth (in percentage)	Country
Bernard Arnault	205.9	-5400	-2.54	US
Robin Zeng	31.6	-1800	-5.46	Hong Kong
Gautam Adani	45.6	-1600	-3.40	India
Francois Pinault	38.8	-1300	-3.24	France
Wei Jianjun	13.3	-1200	-8.21	China

India’s richest person Mukesh Ambani falls out of top 10 billionaire

Meanwhile, the chairman of India’s Reliance Industries Limited (RIL) Mukesh Ambani continues to hold the title of both India’s richest person and Asia’s wealthiest person. Currently, he is holding the 9th position in the world’s billionaire list.

The current top 10 billionaire list features eight Americans, one from France, and one from Mexico. French businessman Bernard Arnault tops the list with a net worth of $192 billion.

Though Ambani is out of the world’s 100-billion club, his company has expanded in the telecoms and digital space. With his continued success in business, it remains to be seen whether Ambani will make a comeback to the top five billionaire list and 100-billion club in the future.

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#Adanis #net #worth #drops #stocks #bleed #today

( With inputs from www.siasat.com )

March 14, 2023

Liquor policy case: Kavitha to appear before ED today, BRS workers gather outside KCR’s residence

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Delhi: As Bharat Rashtra Samithi (BRS) MLC and Telangana chief minister K Chandrashekar Rao’s daughter K Kavitha, is scheduled to appear before the Enforcement Directorate today for questioning in connection to the Delhi liquor policy case, the party workers and supporters have gathered outside the residence of KCR in the national capital.
Earlier on Friday, Kavitha launched a hunger strike at Jantar Mantar in the national capital demanding the introduction of the Women’s Reservation Bill in the current Budget session of Parliament.
Citing her hunger strike scheduled in Delhi on Friday, she asked the probe agency to postpone her questioning till Saturday.
Notably, former Delhi deputy CM Manish Sisodia has been arrested by ED in the same case.
She had arrived in the national capital on March 8, hours after the ED issued a summons for questioning.
BRS leader KT Rama Rao on Friday also arrived at the residence of his father in the national capital.
According to sources, Kavitha will be made to sit face-to-face with Hyderabad-based businessman Arun Ramchandra Pillai, who was arrested in connection with the liquor policy case on Monday night.
The MLC termed the summons as “tactics of intimidation” by the Centre against the Telangana chief minister K Chandrasekhar Rao and the BRS, adding that the party will continue to fight and expose the Centre’s failures and will raise its voice for a brighter and better future for India.
“I would also like the ruling party at the Centre to know that these tactics of intimidation against the fight and voice of our leader, CM KCR, and against the entire BRS party will not deter us. Under the leadership of KCR Garu, we will continue to fight to expose your failures and raise voice for a brighter and better future for India,” Kavitha said in a tweet.

On March 8, the BRS came down heavily on the Centre after the ED summoned Kavitha in connection with its ongoing probe in the Delhi excise policy case, saying that the central probe agencies have become an extended arm of the BJP.
Referring to the summons as “politically motivated”, BRS leader Ravula Sridhar Reddy had said that except ED and BJP, nobody really understands the case registered in connection with the new-withdrawn new Delhi excise policy.
In its investigation, ED has come to know that Pillai is one of the key persons in the entire scam involving payments of huge kickbacks and the formation of the biggest cartel of the South Group.
South Group comprises Telangana MLC Kavitha, Sarath Reddy (promoter of Aurobindo Group), Magunta Srinivasulu Reddy (MP, Ongole), his son Raghav Magunta, and others. The South Group was being represented by Pillai, Abhishek Boinpalli and Butchi Babu, the federal agency investigation has revealed.
Pillai along with his associates was coordinating with various persons to execute the political understanding between the South Group and a leader of Aam Aadmi Party (AAP) Pillai has been an accomplice and was involved in the kickbacks from the South Group and the recoupment of the same from the businesses in Delhi, ED investigation reveals.
The ED had earlier said that the South Group gave kickbacks of Rs 100 crore to AAP leaders.
Pillai is learnt to be a partner of 32.5 per cent in Indo Spirits, which had got an L1 licence. Indo Spirits is a partnership firm of Arun Pillai (32.5 per cent), Prem Rahul (32.5 per cent) and Indospirit Distribution Limited (35 per cent), wherein Arun Pillai and Prem Rahul represented the benami investments of Kavitha and Magunta Srinivasulu Reddy and his son Raghava Magunta.
Kavitha, who is a member of the Telangana Legislative Council, was questioned by the Central Bureau of Investigation (CBI) in the same case in December last year.
The excise policy was passed in Chief Minister Arvind Kejriwal-led Delhi Cabinet in the middle of the deadly Delta Covid-19 pandemic in 2021.
The Delhi government’s version is that the policy was formulated to ensure the generation of optimum revenue, eradicate the sale of spurious liquor or non-duty paid liquor in Delhi, besides improving user experience.
The CBI had filed a case against alleged corruption in the 2021-22 excise policy. The excise policy was subsequently withdrawn by the AAP government.
Sisodia was among 15 others booked in an FIR filed by the CBI. Excise officials, liquor company executives, dealers, some unknown public servants and private persons were booked in the case.
It was alleged that irregularities were committed including modifications in the Excise Policy and undue favours were extended to the license holders including waiver or reduction in licence fee, an extension of L-1 license without approval etc. (
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#Liquor #policy #case #Kavitha #today #BRS #workers #gather #KCRs #residence
( With inputs from www.siasat.com )

March 11, 2023
Excise policy scam: Delhi court to hear Sisodia’s bail plea today

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Delhi: A Delhi court is to hear on Friday the bail application of Aam Aadmi Party (AAP) leader and former deputy Chief Minister Manish Sisodia in connection with the now-scrapped excise policy case.
He was arrested by the Central Bureau of Investigation (CBI) on February 26 after quizzing him for several hours.
Special CBI Judge M.K. Nagpal of the Rouse Avenue Courts sent Sisodia to 14 days of judicial custody on March 6.
The CBI was given his remand for seven days before the judge sent him to judicial custody till March 20.
The judge had directed the CBI to file its response to the accused’s bail application by Friday.
It has been claimed by the accused that he had fully cooperated with the central agency during the probe.
He has stated that as all the recoveries have already been made, no fruitful purpose would be served by keeping him in custody and that the other accused persons arrested in this case have already been granted bail.
He has pointed out that he has held an important constitutional post and has deep roots in the society.

However, during the last hearing, the counsel appearing for the central agency said that at this stage, they are not seeking further CBI remand but in the next 15 days they might seek it.
In a twist, the Enforcement Directorate (ED) also arrested Sisodia on Thursday in the same case.
The ED, on the eve of his bail hearing, questioned him in connection with the alleged kickbacks of Rs 100 crore which the AAP party/leaders received through hawala channel from the south group.
He was also asked about Arun Pillai and K. Kavitha, daughter of Telangana Chief Minister K. Chandrasekhar Rao.
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#Excise #policy #scam #Delhi #court #hear #Sisodias #bail #plea #today
( With inputs from www.siasat.com )

March 10, 2023
Sununu: If GOP primary were today, DeSantis would win New Hampshire

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“I’m not really focusing on the decision right now, there will be plenty of time for that,” Sununu said. “Right now my mission is making sure we’re making this party bigger, frankly. You can’t govern if you don’t win, and so I’m really focused on how do we win?”
DeSantis has also not yet announced plans to run in 2024, though he is widely expected to join what could become a crowded Republican primary — a race that so far includes former President Donald Trump, former Ambassador to the U.N. Nikki Haley and entrepreneur Vivek Ramaswamy. Polls identify DeSantis as the only Republican who has anywhere near the current support of Trump.
Sununu, known for being outspoken against Trump, also told Todd he would support the Republican nominee, whoever it may be — but he remains convinced that someone will defeat the former president in the primary.
“I’m a lifelong Republican. I’m going to support the Republican nominee,” Sununu said. “As far as a former President Trump, I think he’s going to run — obviously he’s in the race. He’s not going to be the nominee. That’s just not going to happen.”
“I just don’t believe the Republican Party is going to say that the best leadership for America tomorrow is yesterday’s leadership,” Sununu added. “That doesn’t make any sense. That is not in our DNA as Americans.”
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#Sununu #GOP #primary #today #DeSantis #win #Hampshire
( With inputs from : www.politico.com )

March 5, 2023
Gold Price Today: Big news! Gold prices fall by 2700, know today’s

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Big news has come for gold customers because in 2023 it became cheaper by Rs 2700 from all time high, due to which gold customers have gathered in shops to buy gold.
Important news for gold and silver buyers. After rising for four consecutive days, the price of gold and silver has once again registered a rise. In this business week, on Friday, gold became expensive at the rate of Rs 590 per 10 grams, while the price of silver was recorded at the rate of Rs 1239 per kg. After this, gold has started selling above Rs 56000 per 10 grams and silver above Rs 64000 per kg.
On Friday, gold (Gold Price Update) became costlier by Rs 590 per 10 grams and closed at Rs 56140 per kg. Earlier on Thursday, gold (Gold Price Update) became cheaper by Rs 116 per 10 grams and closed at Rs 55550 per kg. On the other hand, gold (Gold Price Today) became cheaper by Rs 291 per 10 grams and closed at Rs 55666 per kg on Wednesday.
A jump was also registered in the price of silver (Gold Price Update) on Friday. On Wednesday, silver gained Rs 1239 to close at Rs 64246 per kg. Whereas on Tuesday, silver closed at Rs 63007 per kg with a softening of Rs 439. On the other hand, on Monday, silver closed at Rs 63446 per kg with a softening of Rs 885.
Latest 14 to 24 carat gold rate
After this rise, 24 carat gold became costlier by Rs 590 to Rs 56140, 23 carat gold by Rs 587 to Rs 55915, 22 carat gold by Rs 540 to Rs 51424, 18 carat gold by Rs 442 to Rs 42105 and 14 carat gold by Rs 442. Gold being costlier by Rs 345 is trading at Rs 32842 per 10 grams.
Gold is getting cheaper by Rs 2700 and silver by Rs 15700 from all-time high
After this fall, gold is selling cheaper by Rs 2742 per 10 grams than its all-time high. Let us tell you that before this, gold had made its all-time high on 2 February 2022. On that day gold had gone up to the level of Rs 58882 per ten grams. At the same time, silver was still getting cheaper than its highest level at the rate of Rs 15734 per kg. The all-time high level of silver is Rs 79980 per kg.

Know the latest gold price by giving a missed call
To know the retail rate of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be received through SMS in a short while. Along with this, you can visit www.ibja.co or ibjarates.com for continuous updates.

Know the purity of gold like this
If you want to check the purity of gold now, then an app has been made by the government for this. With the BIS Care app, customers can check the purity of gold. Through this app, you can not only check the purity of gold, but can also make any complaint related to it.
24 carat gold is the purest
Let us tell you that 24 carat gold is considered the purest, but jewelry cannot be made from this gold because it is very soft. That’s why mostly 22 carat gold is used in making jewelry or jewellery. 24 carat gold is 99.9 percent pure and 22 carat is about 91 percent pure.
Jewelery is made by mixing 9% other metals like copper, silver, zinc in 22 carat gold, while 24 carat gold is brilliant, but its jewelery cannot be made. That’s why most shopkeepers sell gold in 22 carat.
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#Gold #Price #Today #Big #news #Gold #prices #fall #todays
( With inputs from : kashmirpublication.in )

March 4, 2023
Rules Changing From Today: From the time of trains to the prices

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Rules Changing From 1 March 2023: New month has started from today i.e. March has started. From today many rules have changed (Rules Changing From Today) and its effect is going to be on your pocket.
1 March 2023: New month has started from today i.e. March has started. From today many rules have changed (Rules Changing From Today) and its effect is going to be on your pocket. It is very important for you to know about this. It is very important for you to know about this. From the prices of gas cylinders to bank loans, many rules are going to change. Let us tell you which rules have changed from today-
How can it affect people
If you also spend money in the right way and if you do not spend much money. Then this is very bad news for you. Due to change in many things, your pocket is going to be loose from today.
1. How many days will the banks remain closed in March?
From today the month of March has started and many rules have also changed. Many festivals including Holi and Navratri will be celebrated in this month. Due to which banks will remain closed for 12 days. For more information about holidays, you can also visit the official link of Reserve Bank of India https://rbi.org.in/Scripts/HolidayMatrixDisplay.aspx.
2. Bank loan can be expensive
The Reserve Bank of India (RBI) has increased its repo rate, due to which many banks have also increased their MCLR and increasing it will have a direct impact on people’s pockets. In which home loan, car loan, education loan all will increase. Due to this people may have to take loan now.

3. Change in timings of trains
Indian Railways has also changed its timing. From today, the Railways has made a lot of changes in the time table of its 5000 freight trains and thousands of passenger trains. If you also travel in the train or are going to travel, then you must check the timing of the train.
4. Gas cylinder became expensive
Before Holi, the common man has got another blow of inflation. Domestic gas companies have increased the price of domestic LPG cylinder by Rs 50 after a long time. In the capital Delhi, the price of 14.2 kg domestic LPG cylinder has increased to Rs 1103.
5. Increased rates of milk
From today, the price of milk has increased by Rs 5 per liter in Mumbai. The wholesale prices of buffalo milk in Mumbai have increased by Rs 5 per liter from Tuesday midnight.
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#Rules #Changing #Today #time #trains #prices
( With inputs from : kashmirpublication.in )

March 1, 2023
Latest Weather Update For Today – Kashmir News

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Latest Weather Update For Today
Today’s weather forecast indicates partly to mostly cloudy skies with a chance of light/moderate rain showers in some areas. However, there is no significant weather event expected, so there’s no need to be concerned.
The day temperatures will remain around the normal range, ensuring a comfortable day for most individuals.
Regards: Kashmir Weather

Post Views: 335
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#Latest #Weather #Update #Today #Kashmir #News
( With inputs from : kashmirnews.in )

March 1, 2023
Governor Manoj Sinha Inaugurates True 5G Services In J&K To Enjoy From Today – Here’s How To Activate 5G Services On Your Smartphone – Kashmir News

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Governor Manoj Sinha Inaugurates True 5G Services In J&K To Enjoy From Today – Here’s How To Activate 5G Services On Your Smartphone – Kashmir News
Stocks of Adani Group companies at 3:30 pm today
Net worth of Adani
Adani’s global billionaire ranking improved due to a USD 98 million increase in net worth, placing him at 33rd on the list with a total net worth of USD 35.4 billion.
Till yesterday, the Hindenburg Effect caused a considerable decline in Gautam Adani’s net worth, which was USD 134.2 billion on December 13, 2022.
Reason for rebound in Adani group stock prices
Adani Group’s stocks rebounded on Tuesday after reports surfaced that Gautam Adani plans to repay or prepay share-backed loans worth USD 690 million to USD 790 million by the end of March.
The move aims to improve the conglomerate’s credit profile.

Earlier, despite the group’s denial of all allegations made by Hindenburg Research, a massive dip in stocks’ values was witnessed.
Mukesh Ambani continues to be India’s richest person
The falling stocks of Adani Group firms have widened the gap between Gautam Adani’s and Reliance Industries Limited (RIL) chairman Mukesh Ambani’s net worths in recent days.
At present, Ambani’s net worth is more than twice that of Adani’s. Ambani has reclaimed his title as India’s wealthiest person as of February 1, being the only Indian in the world’s top billionaire list.
Currently, he is ranked 8th on the global billionaire list, with a net worth of USD 82.7 billion.
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#Adanis #net #worth #improves #stocks #firms #rebound #sharply #today
( With inputs from www.siasat.com )

February 28, 2023
MeT forecasts intermittent moderate snow, rain from today evening in J&K

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Srinagar, Feb 28: The weather department on Tuesday forecast intermittent light to moderate snowfall and rain in Jammu and Kashmir.
“Intermittent light to moderate snowfall/rain (thunderstorm with rain in Jammu region) is expected at most places of J&K with main activity on February 28th(evening)- March 1st,” a meteorological department official here told GNS, adding, “Dry weather is expected during 3rd to 7th March.”
He said that the weather system may affect surface transportation over major passes like Srinagar-Jammu highway, Sinthan Top, Sadna Top etc. during March 1-2nd.
Regarding temperature, he said, Srinagar recorded a low of 4.0°C against 4.2°C on the previous night and it was above normal by 2.5°C for the summer capital.
Qazigund, he said, recorded a low of 1.8°C against 1.5°C on the previous night and it was 1.4°C above normal for the gateway town of Kashmir.
Pahalgam, he said, recorded a low of minus 1.2°C against minus 0.9°C on the previous night and it was 2.3°C above normal for the famous tourist resort in south Kashmir’s Anantnag district.
Kokernag recorded a low of 3.0°C against 2.4°C on the previous night and it was 2.9°C above normal for the place, the officials said.
Gulmarg recorded a low of minus 3.0°C against minus 2.5°C on the previous night and it was 2.8°C above normal for the world famous skiing resort in north Kashmir’s Baramulla district, he said.

In Kupwara town, he said, the mercury settled at 2.8°C against 3.1°C on the previous night and it was 2.8°C above normal for the north Kashmir area.
Jammu recorded a low of 13.1°C against 15.1°C on the previous night. It was 1.5°C above normal for J&K’s winter capital, he said.
Banihal, he said, recorded a low of 2.8°C (above normal by 0.6°C), Batote 6.0°C (above normal by 2.5°C), Katra 12.2°C (2.7°C above normal) and Bhadarwah 4.4°C (3.6°C above normal).
Ladakh’s Leh and Kargil recorded a low of minus 6.4°C and 5.2°C respectively, the official said.
While Chillai-Kalan, the 40-day long harsh winter period that started on December 21 and a 20-day-long period called ‘Chillai-Khurd’ that followed it have ended, Kashmir is under grip of 10-day-long period ‘Chillai-Bachha’ (baby cold) which ends on March 1. (GNS)
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#MeT #forecasts #intermittent #moderate #snow #rain #today #evening
( With inputs from : roshankashmir.net )

February 28, 2023