No jail time for Trump, suggests judge in US hush money case
Financial Express Mumbai|January 05, 2025
Will keep fighting, says communications director Cheung
ASSOCIATED PRESS
No jail time for Trump, suggests judge in US hush money case

FACED WITH THE never-before-seen dilemma of how, when or even whether to sentence a former and future US president, the judge in President-elect Donald Trump's hush money case made a dramatic decision that could nevertheless bring the case to a muted end.

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Financial Express Mumbai

ITC ends in the red on hotel biz demerger

SHARES OF ITC ended nearly 3% lower on Monday, as the stock traded ex-demerger, after a special trading session to discover the price for ITC Hotels.

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Sebi Relaxes Settlement Norms for Dormant Accounts

SEBI ON MONDAY said it has eased norms for the settlement of client funds in trading accounts that have remained inactive for 30 days.

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PSBs turn net sellers of govt securities

STATE-OWNED BANKS HAVE turned net sellers of government bonds (G-Secs) amid a widening liquidity deficit, said traders.

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RBI Should Ease Its Tight Grip on Rupee, Says Viral Acharya

FORMER RESERVE BANK of India deputy governor Viral Acharya said the central bank should ease its tight grip on the rupee, a view that comes amid uncertainties over whether the new governor will maintain his predecessor's policy of limiting currency swings.

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Financial Express Mumbai

Rupee at lifetime low as equities slide; tilt bearish

THE RUPEE DECLINED 4 paise to settle at a record low of 85.83 against the dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign capital.

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Bank shares plunge up to 8% amid weak business updates

Historically, the third quarter is not a great one for banks

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PSBs' share in ‘fair value' investments declines, private banks report gains

STATE-OWNED BANKS' SHARE in the 'fair value through profit and loss investment portfolio' (FVPTL), the newly-introduced investment category, has gone down to 37.2% from around 45%. Meanwhile, the share of private banks has risen to nearly one-third, according to the Reserve Bank of India's (RBI) latest Financial Stability Report.

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D2C firm Frido set to be ₹200-cr brand

ARCATRON MOBILITY'S DIRECT-TO-CONSUMER (D2C) arm Frido is on track to become a ₹200-crore brand.

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Adani Group lines up petchem foray

Adani Petrochem and Thailand's Indorama will hold 50% stake each in the JV

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Former executives at OYO, upGrad launch mobility platform

MAYANK KUMAR, FORMER CEO of upGrad, and Ayush Mathur, a former senior leader at OYO, have launched a new mobility platform for blue-collar workers called BorderPlus.

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