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Ratan Tata Dies at 86: Ratan Naval Tata, noted industrialist, philanthropist, and former Chairman of Tata Sons breathed his last on Thursday at Breach Candy Hospital in Mumbai.

Ratan Tata Death News: Ratan Tata, former chairman of Tata Sons breathed his last on Wednesday. He was 86. As per reports, the veteran industrialist was admitted to the Breach Candy Hospital in Mumbai after his blood pressure dropped suddenly. Later he was shifted to the intensive care unit (ICU) following a sudden deterioration in his health.

Taking to X, Prime Minister Narendra Modi, wrote: "Shri Ratan Tata Ji was a visionary business leader, a compassionate soul and an extraordinary human being. He provided stable leadership to one of India's oldest and most prestigious business houses. At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to making our society better."

Earlier, Harsh Goenka confirmed the news and taking to X, wrote: "The clock has stopped ticking. The Titan passes away. #RatanTata was a beacon of integrity, ethical leadership and philanthropy, who has imprinted an indelible mark on the world of business and beyond. He will forever soar high in our memories."

On October 7, in a social media post, the 86-year-old dismissed health concerns as 'rumours' and informed his followers and fans that there was no cause for concern and that he is undergoing check-ups for age-related medical conditions

"I am currently undergoing medical check-ups due to my age-related medical conditions," he asserted in a post on X. "There is no cause for concern. I remain in good spirits," he said, requesting the public and media to refrain from "spreading misinformation".

Ratan Tata Was Suffering From Low Blood Pressure

Earlier, reports emerged that Ratan Tata was hospitalised after his blood pressure suddenly dropped. "Experiencing sudden drops in blood pressure can be quite concerning, and there are several reasons why this can happen. A common cause is orthostatic hypotension, which occurs when you quickly stand up, causing a brief dip in blood pressure. Dehydration is another factor that can lead to these drops, as insufficient fluid intake can impact blood volume and how well blood pressure is maintained. Moreover, some medications designed for high blood pressure or heart conditions might have side effects that include sudden drops in blood pressure," said Dr Pratyush Mehra, Delhi.

Ratan Tata's Legacy: The End Of An Era

Ratan Tata's influence on the Tata Group is profound. He took over the role of chairman of Tata Sons in 1991 and led the conglomerate founded by his great-grandfather over a century ago until his retirement in 2012. During his tenure, the veteran industrialist founded Tata Teleservices in 1996, expanding the group's footprint in telecommunications.

Additionally, he took Tata Consultancy Services public in 2004, marking a significant milestone for the IT giant. Ratan Tata's leadership has left an indelible mark on India's business landscape, earning him the admiration and love of millions. His contributions have not only advanced the Tata Group but have also inspired countless individuals across the nation.



Rihanna mispronounces Radhika Merchant’s name in Jamnagar show, dances with Ambani family on stage. Watch videos from pre-wedding festivities| Latest News India

Rihanna mispronounces Radhika Merchant’s name in Jamnagar show, dances with Ambani family on stage. Watch videos from pre-wedding festivities

Rihanna was the star of the evening as she provided her very first performance in India at the pre-wedding celebrations of Anant Ambani and Radhika Merchant in Jamnagar.

The pre-wedding festivities of Anant Ambani and his Radhika Seller began on Friday, and numerous Bollywood celebrities, including Shah Rukh Khan, Ranveer Singh, Deepika Padukone, Madhuri Dixit, Anil Kapoor, and several others made their presence really felt. Yet it was global pop celebrity Rihanna that swiped the program with her very first performance in India.

Rihanna energised the atmosphere with her performance, luring every person to dance along to her chart-topping hits. The audience at the event was delighted as Rihanna enhanced the stage and dealt with the crowd to a medley of her best hits, including 'Put it Up', 'Wild Things', and 'Diamonds', to name a few. Glowing in a neon-green glittering dress, Rihanna beamed with pleasure as she prolonged cozy dreams to the couple however in fact mispronounced Radhika's name and netizens were quick to point it out on social media sites.

Rihanna started her show by saying, "Excellent night every person. It is my honour to be here tonight. I have actually never ever been to India. And thanks to the Ambani family, I am here this evening. Anant and Radiki (Radhika), thank you for having me below. God honor your union. I desire you all the best. Congratulations. The number of you count on love?"

Rihanna's performance videos from Anant Ambani-Radhika Merchant's pre-wedding parties

While speaking about the grand parties in Jamnagar, Anant's mommy Nita Ambani said, "I desired the celebrations to be a homage to our arts and society and a representation of our heritage and culture produced by the hands, hearts and hard work of our gifted imaginative minds."

Anant and Radhika will be tying the knot in July in Mumbai. The pre-wedding festivities will happen between March 1 and March 3. Anant Ambani is the younger son of Reliance Industries Ltd (RIL) CMD Mukesh Ambani. Radhika Seller is the younger child of Viren Vendor, CEO of Repetition Healthcare. Anant acts as a director on the boards of RIL and Jio Systems Ltd amongst a few other group firms.

US Starts Airdropping Aid To War-Hit Gaza As Israeli Strikes Continue | Latest News India

US Starts Airdropping Aid To War-Hit Gaza As Israeli Strikes Continue

The United Nations has actually warned of famine in Gaza, and more than 100 individuals were left dead previously today in a frenzied scramble for food from a vehicle convoy delivering help, with Israeli forces opening fire on the crowd.

Washington: American cargo airplanes air-dropped 38,000 meals right into the besieged Gaza Strip on Saturday, part of a series of decreases planned by Washington to help curb an expanding humanitarian crisis in the war-racked area.

The United Nations has actually warned of starvation in Gaza, and more than 100 people were left dead previously this week in a crazy scramble for food from a vehicle convoy providing help, with Israeli pressures opening fire on the group.

US President Joe Biden-- under installing political pressure over the circumstances of Palestinians in the Gaza Strip-- had introduced the unavoidable air declines on Friday.

" United States Central Command and the Royal Jordanian Flying force carried out a mixed humanitarian aid airdrop into Gaza on March 2, 2024, in between 3:00 and 5:00 pm (Gaza time) to give crucial relief to civilians impacted by the ongoing conflict," the American armed forces command claimed on social media sites.

CENTCOM said United States C-130 military cargo aircrafts "dropped over 38,000 dishes along the shoreline of Gaza enabling noncombatant access to critical aid."

The airdrops are "part of a continual effort to obtain even more aid into Gaza, consisting of by increasing the circulation of aid with land passages and courses," the command added.

A CENTCOM official informed AFP that the decline was composed people armed forces provisions that did not include pork, the consumption of which is forbidden by Islam.

Palestinian militant group Hamas accomplished an unprecedented assault on Israel on October 7 that led to the deaths of around 1,160 people. Hamas likewise took around 250 captives, 130 of whom still continue to be in Gaza.

Israel responded with a relentless attack on Hamas-controlled Gaza that has taken a ravaging toll on private citizens trapped there, eliminating more than 30,000 people, according to the territory's health and wellness ministry.

The amount of help brought into Gaza by vehicle has plunged during virtually five months of war, and Gazans are dealing with dire lacks of food, water and medications.

The United Nations has actually implicated Israeli pressures of "methodically" obstructing access to Gaza, which Israel denies.

Some foreign militaries have air-dropped products to Gaza, sending lengthy lines of aid pallets floating down right into the war-torn territory on parachutes.

Jordan has been conducting much of the operations with the support of countries including Britain, France and the Netherlands, while Egypt sent out several army airplanes on an airdrop Thursday along with the United Arab Emirates.

Biden has actually pressed Israel to lower noncombatant casualties and permit help in, while at the same time, he has maintained military assistance for the key United States ally.

National Security Council spokesman John Kirby claimed Friday that the United States intended to accomplish several air drops over weeks, which will "be a supplement to, not a substitute for, relocating points in by ground."

He defined it as a "difficult military operation" that required cautious planning by the Pentagon for the safety and security of both Gazan civilians and US army employees.

" It is incredibly challenging to do an airdrop in such a congested setting as is Gaza," stated Kirby, adding: "This is a war zone. So there's an included element of prospective threat to the pilots in the aircraft."

'When Sadhguru detailed why a fruit diet is good for you | Latest News India

When Sadhguru detailed why a fruit diet is good for you

Fruits are not simply an attractive enhancement to our plates; they are necessary parts of a balanced diet regimen. Right here's why

Numerous can not get sufficient of fruits in their diet plan. Yet if you want to fulfill your health and fitness objectives, and really feel active and to life, including fruits in your everyday diet regimen can bring "miraculous" advantages. Calling fruits one of the most effective food for food digestion, Sadhguru Jaggi Vasudev discussed why they are a should in one's diet. "Fruits can do miraculous things to your body. One can become really alive and energetic. Your brain functions ideal. One of the most absorbable food is fruit," said Sadhguru in a 2021 uploaded on his YouTube network.

He likewise discussed exactly how eating fruits and incorporating them right into one's day-to-day diet plan can decrease the concern on the atmosphere and hence aid the planet also.

Taking a sign from the throwback video, we decided to comprehend why fruits are a should in one's diet regimen.

Fruits are not simply a wonderful indulgence; they are a nutritional requirement. From increasing resistance to promoting heart health and wellness, their payments to total well-being are extensive and complex.

Firstly, fruits are powerhouse plans of important minerals and vitamins. Laden with vitamin C, potassium, fiber, and a range of antioxidants, they offer an essential increase to our body immune systems, assisting in the battle against infections and diseases. "Incorporating a selection of fruits right into your daily diet plan makes sure a diverse consumption of nutrients crucial for ideal health and wellness," claimed Dr Archana Batra, dietician, and a certified diabetes mellitus educator.

In addition, the natural sugars discovered in fruits offer a healthier option to processed sugary foods, satisfying desires while preserving secure blood sugar level levels. According to Dr Batra, their fibre content aids in digestion, advertising gut wellness and stopping constipation.

"In addition, research studies have actually shown that diets rich in fruits are related to a minimized threat of chronic problems such as cardiovascular disease, stroke, and particular cancers cells," stated Dr Batra.

Moreover, the vibrant colours of fruits indicate the presence of phytochemicals, compounds recognized for their disease-fighting buildings. Dr Batra said that these phytochemicals possess anti-inflammatory and antioxidant effects, securing cells from damages caused by hazardous complimentary radicals.

Basically, fruits are not just a decorative enhancement to our plates; they are important elements of a balanced diet regimen. "Their dietary richness, combined with their disease-fighting abilities, highlights their relevance in advertising total health and health. So, the following time you grab a treat, remember the extensive influence that fruits can have on your wellness and make them a staple in your day-to-day diet.

'Many animals are going extinct - they make us humane. We need compassion to save them | Latest News India

Many animals are going extinct - they make us humane. We need compassion to save them

Anant Ambani is founder of Vantara, a wild animal rescue and treatment centre. Speaking to Srijana Mitra Das sometimes Evoke, he describes why protecting wild animals matters to humanity:

Jamnagar is home to the globe's biggest oil refinery - yet, surprisingly, it resembles a Vincent Van Gogh landscape, with a jumble quilt-like selection of brilliant eco-friendly areas. This terrain, blowsy with cozy winds from the Arabian Sea, a touch of dryness from the close-by Kutch desert, holds more shocks. It houses Anant Ambani's Vantara Animal Rescue and Rehab Centre, spread over 3,000 acres of grown woodlands. Heralding elephants, enigmatic lions, slithering pythons, all-around hippos and nimble hill goats live right here, nestled amidst the world's biggest mango orchard, the trees touched with a lick of cerulean paint, making them look like a setup from 'Alice in Heaven'. 'That's organic chemical,' smiles soft-spoken Anant, discussing Vantara to 'Gujarati-medium', 'Hindi-medium' and 'English-medium' visitors. 'It's harmless to animals and several neelgai play here.'

Stepping into Vantara, you scent teak wood. Brownish bulrushes sway in the wind and cheerful marigolds pop out of the earth. As your city jadedness falls away, you feel you've stepped into a captivated land, where huge felines purr gladly and crocodiles bask in tranquility. However Vantara is poignantly genuine for it is home to animals who've endured through human beings. 'I've saved wild animals from all over the globe,' says Anant. 'They were required to carry out in circuses. They were pressed into tiny units and tortured to do tricks. They were put to labour in logging, carrying tourists on their backs, asking on the road,' he recoils. 'Several had extreme conditions. A lion in a circus had been melted with cigarettes. An elephant had gone blind, defeated over its eyes. A tiger was so starved right into submission, it was skin and bones when it involved us. Likewise, 75% of our over-200 saved elephants experience chronic arthritis,' he discusses as jumbos now walk the soft eco-friendly grounds. 'An elephant's all-natural habitat isn't concrete. Yet if you force it to stroll miles on that, its joints can not cope. Can you imagine that wild animal's discomfort, unable to birth its very own weight?'

Therefore, Vantara houses the world's biggest and most contemporary elephant hospital, with a fleet of ambulances and special cranes to deliver injured wild animals. While its sanctuary uses diverse outside treatments - including elephants playing with great smelling multani mitti which recover their sores to hydrotherapy ponds and jumbo jacuzzis - the facility likewise carries out diagnostics and procedures, laser procedures, acupuncture and hyperbaric oxygen therapy.

The last was a life-saver for Leelavati. 'The elephant executed in a circus,' a medical professional explains. 'A fire burst out and a burning camping tent came down on chained Leelavati who could not run away. She came below, terribly heated and traumatised. However with oxygen treatment, her skin started to expand back - she's impressed us with her resilience!' The treatments aren't only for animals you want to hug.

Among others, Vantara aided a Burmese python, eliminating its eye abscesses surgically, so it might reclaim vision. There is sophisticated scientific research at the office right here, with global vets and zoologists, operating in facilities that appear like an Ivy League campus. And there's more.

IN SICKNESS & WELLNESS: Vantara lavishes treatment on its saved wild animals. Its cooking areas make thousands of kgs of jambo laddus daily

At the same time, utilizing mobile X-rays, CT scans, ultrasounds and endoscopy, its veterinarians execute intricate medical treatments

' My love for animals comes from spiritualism,' claims Anant, walking around the big cat center where photo-graphy is prohibited, so the wild animals are not surprised. A temple stands like a crown upon the complex's head. 'We worship Ma Amba,' Anant describes, 'Her vehicle is a lion and we pray to her to secure all the wild animals right here,' his voice trembles a little, handing out just how deeply he seeks that. While we stroll close to significant Bengal tigers, dogging our steps behind a glass wall surface, Anant says, 'Hinduism considers human beings and animals as equal. As a youngster, my mommy saved many roaming pets. She is my biggest ideas. My nana informed me, 'If you help beings that can't share their pain in words, you earn the highest punya.' As a child, I rescued chickens and goats from slaughterhouses. As soon as,' he chuckles, 'We had 200 goats staying in our Cuffe Parade home.'

MED IN INDIA: From Ayurvedic massage therapies to Kathiawadi healing sheds, Vantara is proud Indian

However Anant wanted to do even more. 'Extinction is a fact now,' he stresses. 'We are losing varieties permanently at a startling rate worldwide. I wanted to help save jeopardized wild animals. My daddy was my biggest assistance - he stated, 'Do something that repays to culture.' Securing animals is that. Wild animals have God within them - we can't see divinity yet his creatures are all around us.'

SHOWER POWER: Water's healing ability is used in hydrtherapy ponds and jet shower for elephants

Yet, the course to good objectives was led with obstacles. 'Few vets in India understood wild animals medicine - they could solve a cow or pet's issues however no one understood just how to heal a tiger. So, at Vantara, we started capacity structure - I looked for international professionals, academics, veterinarians, biologists, and so on, to function right here and train Indians too. India is one of the few countries to outlaw animals in circuses,' Anant discusses. 'It's my desire that India ought to come to be the world's leader in animal well-being.'

This involves legalese. 'There are many standards around handling wild animals. Whether it's a rescue situation in India or abroad, we adhere to all the regulations and 12 attorneys deal with Vantara's tasks. Sometimes, our work is portrayed in a different fashion,' he says, with a touch of aggravation. 'It's constructed as if we are doing this for enjoyment or running a zoo. I don't even believe in the idea of a zoo - it's an obsolete idea where animals were maintained for human enjoyment. For me, a wild animal's right to self-respect is leading. Vantara is a rescue, rehabilitation and study centre. It's not a display screen area or a pashu sangrahalaya - it is a sevalaya, our location of service to God's creatures.'

Devotion accomplishes fruition with understanding. Anant emphasises, 'Most of us require to get more information concerning the termination crisis. We need to research what we can do, from afforestation to collaborating with the woodland department, to save wild animals from disappearing. We need to end up being much more conscious - our syllabuses must educate us concerning wildlife. We need deeper passion and empathy for wild animals. From 2008, Vantara's only grown up. I want people to comprehend what we do and why.'

A white lioness stares curiously at the site visitors. She cocks her ivorine face about, like a young puppy attempting to identify who you are. At the elephant enclosure, an infant jumbo playing with a huge wooden toy gambols up. Farther down, among great smelling trees, an old elephant looks carefully at these human beings, immersed in the peace that blossoms when wild animals are at peace. 'I desire old wild animals to have love and care,' Anant remarks. 'We have 80-year-old elephants below that are offered massage therapies and hydrotherapy with cranes helping them. I prayer Lord Ganesha and see him in all these beings.' As Vantara's jumbos play in Kathiawadi healing sheds, delight in ragi laddus, khichdi and 24 kinds of organic lawns, expanded by regional farmers, forage among high bushels, yet stay clear of stepping on the little wimps planted in the ground, probably the paradises do smile at this 'celebrity of the woodland'. 'I want to heal the environment,' claims Anant as birds call out in the sunset. 'Vantara is a begin at restoring our bond with animals - they make us humane.'

Sidhu Moosewala’s mother Charan Kaur is pregnant: Precautions for women considering IVF after 50 | Latest News India

Sidhu Moosewala’s mother Charan Kaur is pregnant: Precautions for women considering IVF after 50

The parents of the late Punjabi musician Shubhdeep Singh Sidhu, much better called Sidhu Moosewala, are reportedly expecting a baby, according to family resources. Moosewala's mom, Charan Kaur, is readied to deliver quickly. Household resources verified the information, though the late singer's parents haven't yet launched a main declaration. His papa is sixty years old, and his mommy is fifty-eight. For the unaware, Sidhu was the couple's only kid and was murdered in Might 2022.

Artificial insemination fertilizing (IVF) is a complex fertility treatment that entails multiple actions: 1. Ovarian Stimulation: Hormone therapy is made use of to cause a lady's ovaries to produce many eggs rather than the single fully grown egg that happens throughout a regular monthly cycle.

2. Normal Tracking: Tracking: Making use of blood examinations and ultrasound photos to inspect roots growth and hormone degrees, the lady's feedback is constantly observed during the ovarian stimulation process.

3. Access of egg: To induce the last growth of the eggs, a trigger shot is offered once the hair follicles have grown to their suitable dimension. Transvaginal ultrasound-guided follicle aspiration is a minimally intrusive technique made use of to accumulate the eggs about 36 hours later on.

4. Fertilization: After being recovered, the eggs and sperm are blended with each other in a lab meal and fed. Conventional insemination includes integrating sperm and eggs, whereas intracytoplasmic sperm injection (ICSI) entails injecting a single sperm into each fully grown egg.

5. Embryo Society: To enable them to create, the fertilized eggs-- now embryos-- are grown in a research laboratory environment for a few days.

6. Transfer of Embryo: Several embryos are selected for uterine transfer after a few days of culture. Usually, a slim catheter that is placed with the cervix and right into the womb is made use of to do this.

7. Pregnancy Examination: To find out if the IVF procedure was successful, a maternity examination is accomplished 10 to 14 days complying with the embryo transfer.

Precautions for a woman of age blog post 50 yrs thinking about IVF

According to Dr. Aruna Kalra, Director, Obstetrics and Gynaecology, CK Birla Medical Facility, Gurugram, "A female of advanced age must have a thorough health examination prior to undertaking IVF in order to analyze any pre-existing medical problems that could impact her ability to develop or become pregnant. In addition, an extensive evaluation of the ovaries, womb, and various other reproductive body organs ought to be executed. This analysis must include examinations to identify the ovarian get, uterine wellness, and hormonal agent levels. Screening for age-related dangers is important to ensuring the safety of the mother and any potential offspring, attending to concerns like gestational diabetic issues and high blood pressure. Maternity difficulties, chromosomal abnormalities, and greater rates of losing the unborn baby are among the increased threats connected with being expectant at an advanced age."

On top of that, ladies who are thinking of IVF ought to have a thorough discussion with their fertility specialist regarding all of the feasible risks, limitations, and anticipated results of the process, including the opportunity of several maternities, the probability of success etc

. Eligibility standards for IVF

- Those who have actually stopped working at earlier reproductive treatments can go with IVF. The decision-making procedure, nonetheless, might be influenced by information of earlier treatments, such as any type of underlying reasons for infertility and the outcomes of those therapies.

- Adequate egg amount and top quality, indicating adequate ovarian reserve, for an effective IVF treatment.

- A healthy and balanced uterus with the ability of sustaining a maternity.

- A male partner that can give sufficient healthy, abundant sperm, or, in an emergency, utilize donated sperm.

- lack of health problems or various other issues that can increase the threats of IVF or pregnancy significantly.

- Mother ought to not be greater than 50 yrs of age, and dad ought to not be greater than 55 yrs of age

Moosewala was a Mansa-based Congress prospect who ran unsuccessfully for the Punjab Setting up seat in 2022. He was executed on May 29 of the exact same year. On May 29, 2022, in Jawaharke town in the Mansa area, he was shot and eliminated by assailants in his vehicle.

The singer was popular for creating and producing his very own songs, and he was especially well-liked by youngsters. He was believed to be among the wealthiest vocalists from Punjab. A number of his songs were released posthumously and have actually gotten numerous views despite his heartbreaking death. Sidhu Moosewala went into the songs scene in 2017 with the track "G Wagon," and he quickly ended up being widely known thanks to a string of hit albums. With songs like "Tale," "So High," and "The Last Adventure," among others, he was commended and showered with love for his songs.

MC Explains: Can Paytm sustain its business model? A deep dive into how it operates and what-if scenarios | Latest News, Breaking News, Top News Headlines

MC Explains: Can Paytm sustain its business model? A deep dive into how it operates and what-if scenarios



Last month, the Reserve Bank of India placed limitations on Paytm Remittances Financial Institution Ltd. (PPB), an associate company of One97 Communications, stating the activities were called for by "consistent non-compliances and continued material jurisdictional problems in the financial institution."

While the RBI performed not give details of the issues, it guided PPB to cease approving down payments, credit report deals or leading ups in consumer accounts, pre paid guitars, wallets, FASTags, as well as NCMC cards after February 29, apart from any rate of interest, cashbacks, or reimbursements. It additionally purchased the payments financial institution to clear up all pipeline transactions and also nodal profiles through March 15.

Complying with the announcement, the Paytm sell dropped 42 percent in 3 trading treatments. It scraped back thirteen per-cent on market value acquiring only to slow once again. Paytm has pointed out the regulatory solutions are actually assumed to have an effect of Rs 300 crore to Rs 500 crore on its own annual EBITDA on a worst case manner. Can Paytm brush off this loss, and also be actually up and running once again? Listed below is actually a thorough explainer on Paytm's service version and also exactly how factors could possibly advance

How does Paytm earn money?


To know this, permit's look at a consumer's adventure on the Paytm application. At its center, Paytm is a repayment application. Consumers download and install the application as well as pay.

These settlements can be done via the Unified Payments Interface (UPI), internet financial, cards as well as the digital budget. Paytm makes more than half of its own profits coming from processing settlements-- 38 per-cent of its revenue came from refining remittances for business (including tool memberships) in Q3 of FY24 and 21 percent from processing settlements for buyers.

It receives a percent of the gross goods worth (GMV): 3-4 bps on processing of UPI purchases and also 15-18 bps on various other apparatus. With UPI expanding faster than various other tools, the company expects mixed frame to stabilise at 5 to 7 bps. One bps (basis point) is one-hundredth of an amount aspect.

This is actually small to make any kind of substantial influence to Paytm's profit. So the firm uses this significant client bottom to cross-sell car loans as well as various other companies including broking, flick as well as traveling tickets, and also cloud companies.

All these services seem on the app's home screen. This means that while you might possess put up the application to pay, you can likewise obtain an individual funding or make use of the buy-now-pay-later solution.

Likewise, a business might possess mounted the app to get payments, but he/she can easily additionally acquire business loan or even utilize Paytm's business solutions to increase purchases with tickets, present certificates and also offers.

Paytm makes 2.5 percent to 3.5 per-cent of car loan market value upfront on the dispensation of lendings. In December quarter, Paytm distributed car loans of Rs 15,535 crore, up 56 percent YoY basis.

Analysts think that Paytm's extra financially rewarding companies, which provide substantially to revenues, are cloud and commerce, adhered to through economic companies. Remittance solution is the least profitable as well as likewise provides the least to the cat.

Yet, this sounds like other payments applications Google Pay and Amazon Pay. What is Paytm's upper hand?


Paytm's advantage is actually the budgets organization, which supplies in to remittances revenue. The Paytm wallet chased the November 2016 demonetisation. With Rs 500 and Rs 1,000 currency keep in minds outlawed, folks took to the Paytm purse, implying you move loan coming from your financial account to the purse as well as utilize the money in it to bring in the remittances via the app. You could possibly pay companies, or even transmission to yet another pocketbook, like say, clearing up accounts with a good friend, etc. The maximum money that may be stored in a wallet is Rs 99,999.

Back in 2016, payments through UPI-- a platform that enables instant fund transfers between bank accounts-- were not popular yet, so apps like Google Pay that enable bank account-to-bank account transfer had not taken off.

The wallet-- like credit cards-- generates revenue from the merchants (based on what is called merchant discount rate) who receive payments through it. But this contributes only about 5 percent to total GMV, according to Jefferies.

What has RBI come down on?


The entity affected by the RBI's action is Paytm Payments Bank. One97 Communications holds 49 percent of this company and the rest is held by Vijay Shekhar Sharma, the founder of Paytm. PPB is an associate company of One97 Communications.

Primarily, the RBI directed PPB to stop accepting deposits, credit transactions or top ups in customer accounts, prepaid instruments, wallets, FASTags, and NCMC cards after February 29, other than any interest, cashbacks, or refunds. It also ordered the payments bank to settle all pipeline transactions and nodal accounts by March 15.

Nodal accounts are bank accounts owned by intermediaries such as payment processors and e-commerce platforms to collect money on behalf of merchants (such as payments) and on behalf of customers (such as refunds).

So how do these restrictions impact the listed entity?


First, is the operational and revenue impact on the wallet business. Second, is the impact on all payments done using UPI transactions. Third, is the enterprise value of Paytm as it is after all a 49 percent stakeholder in the bank.

According to Macquarie, PPB houses all 33 crore of Paytm's wallet accounts. Meaning, the wallet money is kept in a PPB escrow account, which is another name for a bank account that holds money for someone else. This can no longer remain in PPB. Another bank will have to take this over.

If Paytm can not find another bank to host it, then its customers will be able to withdraw the money held in their wallet but customers won't be able to add more money to it. This means the wallet business will collapse.

Second, let's understand the UPI transaction chain ...


When money is transferred from a customer to a merchant through UPI, it is held temporarily in a pocket-- or nodal account-- in case there is a dispute (say, order not delivered) and a refund has to be made. Before the money is credited to the merchant's bank account, it makes a stopover at this nodal account, which every payment processor including Paytm needs to set up.

This nodal account too is an escrow account that is held in the intermediary's name. Market insiders believe that this escrow account too, for Paytm, is hosted by PPB.

So, without PPB's banking licence, two escrow accounts-- the one that holds the wallet money and the one that holds the nodal account money-- will need another host bank.

However, market insiders say other banks may be apprehensive about hosting these escrow accounts because of know-your-customer compliance requirements. There were at least 40 million merchant accounts attached to these escrow accounts, on Paytm as of FY23, and getting KYC done for pending accounts won't be an easy task.

"Banks may be worried that the regulator may come after them later," said a senior banking executive.


In its official statements, Paytm has said that several banks have shown an interest in hosting these customers and merchants.

But a fund manager told Moneycontrol that the Paytm management has indicated that the impact of the RBI's curbs on EBITDA would be Rs 300 crore to Rs 500 crore, which presumes the wallet business would wind down to zero.

How can this be salvaged?

If PPB does not lose its licence, then some fund managers say the business can be revived at a later date, although that will take time.

If PPB loses its licence, then the bank's pre-paid instrument or wallet will be gone too. Without the wallet, Paytm's ability to cross-sell services such as tickets and insurance will be significantly reduced.

It can continue to be in the UPI ecosystem, just as any other third-party application provider such as Google Pay and Amazon Pay. However, that will depend on the National Payments Corporation of India (NPCI) allowing it to continue as a third-party provider and Paytm finding a bank willing to host its nodal-account, and more importantly, a sponsor bank-- also known as a Payment Service Provider (PSP) Bank-- that is a member of UPI.

UPI operates a three-tiered ecosystem. The first is NPCI, which owns the pipe that transfers money. The second is the group of PSP or sponsor banks that give users QR codes/UPI IDs to access this pipeline. The third layer consists of third-party providers such as Google Pay or Amazon Pay.

As of now, Paytm has PPB as its sponsor bank. Amazon Pay has Axis Bank, Yes Bank and RBL Bank as its sponsor banks, and Google Pay has Axis Bank, HDFC Bank, ICICI Bank and State Bank of India as its sponsors.

Before PPB, Paytm used the pre-paid instrument licence that was issued for its wallet. When PPB was given its banking licence, Paytm surrendered its pre-paid instrument licence and brought its wallet business under PPB.

If PPB loses its licence, Paytm will need another sponsor bank, which will be held responsible for Paytm's actions.

"That will need to be a brave bank willing to work with Paytm's aggressive growth strategies and its chequered track record," said a senior banking executive.

It isn't impossible for Paytm to find a sponsor bank, which will be rewarded by NPCI for enabling UPI transactions based on the GMV of payments processed. But it won't be easy to find a bank willing to take on the risk.

What if scenarios ... If the banking licence is not lost and the regulator lifts the curbs, then it is business as usual. Brokerages will revise their price targets upwards and stock may rally again. The current 12-month target price for Paytm is Rs 740, down from Rs 960 earlier.

Scenario 1: PPB is not rescued, but a third party steps in to settle the UPI transactions. In this case, the wallet business for Paytm is entirely lost. Here, the impact on EBITDA could be Rs 300 crore-Rs 500 crore as per the management.

Some analysts feel this will hurt its ability to draw on an otherwise large customer base to up-sell its financial products. Others feel Paytm should be able to build the lost base back over time, even though it will have to live with the immediate financial jolt. This is because its rivals like BharatPe and PhonePe too have a similar structure-- they do not own a bank like Paytm does.

Scenario 2: PPB is rescued by other banks, both wallets business and UPI transactions are saved. In this case, the impact on EBITDA could be lower than Rs 300 crore - Rs 500 crore. The loss of time and opportunity cost till a bank steps in to rescue both parts will impact the company.

Scenario 3: No other banks step in to salvage the situation, not even the UPI part. Paytm's core proposition will be impacted. As users switch platforms, this can be a potential threat to Paytm's existence.

However, the Street believes this is a less likely situation as RBI would not want UPI customers to suffer out of the blue. The management is also confident that it will find a partner for UPI payments as it has communicated to customers that 'Your Paytm app will keep working beyond Feb 29'.

What is the fair value of the stock?


It's hard to evaluate the fair value of the stock because of the possible scenarios mentioned above. Based on the last traded price of Rs 419.15 as on February 9, One97 commanded a market-cap of Rs 26,640 crore. Stripping off the cash in the company's books of Rs 8,901 crore, the market-cap stands at Rs 17,700 crore or $2.1 billion.

The last round of funding in April 2023 in private markets for rival PhonePe stood at $12 billion. This was when Paytm stock in public market was trading at Rs 50,000 crore market cap. For BharatPe, the last valuation was $2.9 billion in August 2021, when Paytm had not listed.

Some investors feel that while private market valuations may still be exaggerated, Paytm is available at a steep discount. If it ropes in a nodal bank, it can rebuild its business and create value in due course. Lost reputation will however make the journey harder and financial partners will bargain hard.

Meanwhile, the company has brought in former Sebi Chairman M Damodaran to work with the board in further strengthening compliance and regulatory matters.

With Damodaran's experience in dealing with troubled situations including navigating India's oldest mutual fund The Unit Trust of India through its worst crisis, the expectation is that the company can put together a more credible case and get a more serious audience with the regulator.

Considering the tech issues and the challenge this entire crisis poses to crores of customers, RBI may consider extending the deadline beyond February 29. If this happens, apart from finding a sponsor bank for its UPI, it may also be able to find a solution to its wallet business, which the Street seems to have written off entirely.

RBI may get a chance to cut rates around August policy, but some emerging risks might delay even this date | Latest News, Breaking News, Top News Headlines

RBI may get a chance to cut rates around August policy, but some emerging risks might delay even this date



RBI may get a chance to cut rates around August policy but some emerging risks might delay even this date

 

The background to this policy was an economic landscape that is nearly picture-perfect. Development had actually been greater than 7 percent for 3 successive years now till FY24 and is anticipated to remain strong at 7 percent according to RBI's quotes. Evaluations on the development cycle suggest that with government ability build-up via framework and with an expected healing in the economic sector capital investment, growth should stay on the greater side for some years to come.

Capacity use enhanced to 74.0 percent in Q2FY24, contrasted to a long-lasting standard of 73.7 percent. The federal government, on its part, has actually likewise been trying to enhance the productivity of the economic situation by utilizing the toughness of the youth and the women. All in all, an inclusive development framework does bode well for the economy.

RBI August bi-monthly monetary policy:


Over on the other side, inflation has been acting itself rather well. The primary worry for India's rising cost of living had actually been the rates of food, particularly vegetables. Nonetheless, the scenario has improved with the arrival of winter crops, reducing the stress on vegetable prices. After reaching a peak of 38 percent month-on-month in July, veggie prices have because maintained and are expected to stay comfortable for the rest of the fiscal year 2024. According to the information from the National Cultivation Board, vegetable costs have only climbed by 0.4 percent in February 2024 month-to-date, with remarkable declines in rates for onions and potatoes.

The Reserve Bank of India's Guv stressed throughout the press seminar that the wariness over rising cost of living will continue as a result of the sticking around unpredictability in food prices. The forecast for headline CPI in FY24 stays at 5.4 percent, while the estimate for FY25 is 4.5 percent. Although, some quarterly estimates have actually been modified downward by 10-20 basis points contrasted to the previous levels, with the exception of Q1FY25 CPI, which is now anticipated to be 5.0 percent, below 5.2 percent as of the February policy.

The Governor once more stated that the "last mile of disinflation to be challenging" by maintaining the rates and stance unmodified, RBI reiterated its commitment to bring rising cost of living to the 4 percent target on a long lasting basis. As per RBI's and our estimates, CPI rising cost of living would certainly resemble (even go listed below) the 4 percent target only in Q2FY25, taking away any possibility of any type of very early plan pivot.

RBI Hikes Repo Rate - How Will It Impact You?


 

RBI may get a chance to cut rates around August policy

Volatility in food rates remains to be a crucial danger for the RBI as it might de-anchor house rising cost of living assumptions and generalize rate stress. In this sense, the RBI could wish to see through the very early monsoon fads and consider any type of veggie shocks (tomato shock in June 2023) prior to taking a stronger view on rising cost of living.

The policy's primary goal was not centered on adjusting rates of interest or embracing a specific position. Instead, it was made to attend to the management of system liquidity, which was a critical facet for the Reserve Bank of India (RBI) to consider in its decision-making procedure. Most market participants had currently presumed that there would certainly be no change to the rate of interest or stance, and therefore, the policy's focus on liquidity management came as not a surprise.

Over the last month, the RBI aimed to preserve a tight liquidity scenario in order to guarantee that previous rate walkings were properly mirrored in lending rates. Despite this initiative, the Weighted Standard Interest Rate (WALR) for new rupee finances has actually just enhanced by 181 basis points, compared to the 250 basis factor plan price boost. Therefore, it is anticipated that liquidity will remain to be very closely regulated in the coming months. The RBI has been actively handling the availability of liquidity by withdrawing or injecting it as necessary.

RBI MPC Meeting: Will red hot tomatoes, rate hikes by ..


Essentially, the purpose of monetary plan is to line up the operative price with the policy price, additionally referred to as the signaling rate. An evaluation of the data reveals that the liquidity infusion withdraw added liquidity when the overnight rate drops listed below the

The real rate of interest, presently at 180 bps based on the RBI's estimated Q4FY25 Heading CPI of 4.7 percent, has actually not been connected. Consequently, we prepare for that this will certainly be reviewed in the meeting minutes. However, the idea that rate of interest will continue to be high for a longer amount of time is still legitimate and considerable, both in regards to rising cost of living and the insufficient transmission. Evaluating the connection between financial development and inflation, we believe that the RBI might just have an opportunity to reduce rates in the August 2024 policy, but there are some possible risks that could also additionally postpone this.

Teri Baaton Mein Aisa Uljha Jiya,Teri Baaton Mein Aisa Uljha Jiya Box Office Collection,Teri Baaton Mein Aisa Uljha Jiya Box Office Collection Day 1 | Latest News, Breaking News, Top News Headlines

Teri Baaton Mein Aisa Uljha Jiya Box Office Collection Day 1: Shahid Kapoor-Kriti Sanon's Film Earns Over ₹ 7 Crore



New Delhi: Teri Baaton Mein Aisa Uljha Jiya, routed by Amit Joshi and Aradhana Sah, gained 7.02 crore on its opening day, reported Bollywood profession expert Taran Adarsh. He created on X (earlier known as Twitter), "Teri Baaton Mein Aisa Uljha Jiya opens on anticipated lines on Day 1 ... The numbers seen momentum blog post noontime onwards, especially at key metros ... Urban centres command ... Day 2 [Sat] need to witness growth, with national chains taking the biz ahead ... Fri 7.02 cr. India biz." According to a Sacnilk record, Teri Baaton Mein Aisa Uljha Jiya had actually produced 1 crore by offering 45678 tickets for day 1 through breakthrough reservation, across India.



Teri Baaton Mein Aisa Uljha Jiya showcases the tale of an engineer (played by Shahid Kapoor), that falls for Sifra, an AI (Expert system) female robotic, played by Kriti Sanon, which brings about a funny of mistakes. The film is backed by Dinesh Vijan, Jyoti Deshpande and Laxman Utekar. The film has actually been guided by Amit Joshi and Aradhana Sah. The movie likewise includes proficient celebrities Dharmendra and Dimple Kapadia in popular roles.



Saibal Chatterjee, a film critic for NDTV, awarded the movie a score of 1.5 stars out of 5 in his review. He mentioned that in spite of the song and dance series and efforts at wit, the movie falls short to thrill. The success of the film heavily relies on the chemistry between Shahid Kapoor and Kriti Sanon to conceal its considerable imperfections. Nonetheless, Chatterjee compares the progression of the movie to that of a low-quality robotic purchased from the unapproved market, concluding that Teri Baaton Mein Aisa Uljha Jiya is uninteresting and does not have any kind of kind of home entertainment.

How does Ram Mandir look from space? ISRO satellite captures image | Latest News, Breaking News, Top News Headlines

How does Ram Mandir look from space? ISRO satellite captures image




Using ISRO satellite images, we can see that the Ram temple is currently built. The images provide a bird's- eye view of the construction progress of this important religious building.

The eagerly awaited inauguration of the Ram temple on Monday has generated immense enthusiasm and public interest, and ISRO has offered a unique perspective on the historic moment by capturing an image of the temple from space using one of its satellites.

The NRSC processed an image captured by the Indian Remote Sensing Cartosat satellite on December 16.

Stay tuned for all the latest updates on Ram Mandir! Click here



The satellite imagery reveals the semi-constructed Ram temple, with an enlarged view providing detailed insights into the ongoing construction of the temple.

ALSO READ- Ram Temple inauguration: Half-day in all central government offices on Jan 22

Here is Ram Mandir's satellite image



ALSO READ- Ayodhya Ram Mandir: 4 unique gifts to temple before consecration ceremony. Watch

Cartosat- India's eye from space

The Cartosat series comprises Indian Earth observation satellites constructed and operated by the Indian Space Research Organisation (ISRO).

The satellite's visual data is valuable for a range of purposes, including creating detailed maps, planning for urban and rural development, managing coastal areas, and overseeing utility infrastructure such as roads and water systems. This information can also be used to track changes in land use and support various geospatial data systems and applications.

Launched in 2019, Cartosat-3 is the most recent member of the series. This advanced satellite, known for its agility and third-generation technology, excels in capturing high-resolution images. It offers Panchromatic imagery with a remarkable resolution of 0.28 m, as well as Multispectral imagery in four spectral bands, achieving a spatial resolution of 1.12 m over a nominal swath of around 17 Km. With its impressive capabilities, the satellite can navigate up to +45 ° and +26 ° along and across the track, respectively.

ALSO READ- Built with no steel or iron, Ayodhya Ram Temple is an architectural marvel. Know why

The Prime Minister, Narendra Modi, will oversee the 'pran pratishtha' ceremony, which will be conducted by a group of priests selected from across the country, led by Lakshami Kant Dixit.

The revered image of Lord Ram was recently installed in the sanctum sanctorum of the Ram temple on a Friday.

On Ram temple consecration, Sharad Pawar invokes ex-PM Rajiv Gandhi. Here's what he said

On Ram temple consecration, Sharad Pawar invokes ex-PM Rajiv Gandhi. Here's what he said





Sharad Pawar, the leader of the Nationalist Congress Party, drew a connection between the laying of the foundation stone of the Ram temple in Ayodhya and the tenure of Rajiv Gandhi as India's Head of state.

Pawar specified at a public celebration in Nipani, Karnataka that although the shilanyas (ceremony of laying the first stone) happened throughout Rajiv Gandhi's time, the BJP and RSS are currently participating in political activities under the semblance of Lord Ram.

Pawar shared that while he respects Narendra Modi's commitment to Lord Ram, he believes that if the Head of state had picked to quickly for the purpose of eliminating poverty, it would have been more widely appreciated.

It was Rajiv Gandhi's federal government that chose to open up the locks of the Babri Mosque in 1985, a relocation seen by many as the Congress's attempts to stabilize common formulas after the ruling government at that time had actually overthrown Shah Bano judgment of the Supreme Court.

On November 9, 1989, the Vishwa Hindu Parishad leaders were enabled to lay the foundation stone of the Ram holy place in the UP town. According to an HT record, after that Union home minister Buta Singh and Uttar Pradesh chief minister Narain Dutt Tiwari had actually held closed door conferences with the VHP leader prior to the Rajiv Gandhi government provided its nod for the event.

The relocation did not profit the Congress, as the VHP boosted efforts to create the Ram holy place. Lal Krishna Advani and the BJP began a Rath Yatra from Somnath, Gujarat, to Ayodhya on September 25, 1990, yet Advani's project was halted due to his arrest in Bihar, gotten by Lalu Prasad's federal government. In spite of this, the Ram Janmabhoomi activity was useful for the BJP, as its Lok Sabha seat matter increased from 2 in 1984 to 85 in 1989 and after that to 120 in 1991.

In 2019, the High court paved the way for the building and construction of the Ram holy place on 2.77 acres of land in Ayodhya where the Babri mosque stood till 6 December 1992. The 'bhumi pujan' of the newly created temple was performed by Prime Minister Narendra Modi on August 5, 2020.

Modi, who had gone along with Advani during the BJP stalwart's Rath Yatra in 1990, will command the blessing ceremony of the temple on January 22.

Live news updates: Indian Navy secures crew, including 15 Indians on hijacked MV Lila Norfolk

Cargo Ship With 15 Indians Hijacked Off Somalia, Navy Keeps Close Watch






The pirated ship has 15 Indians aboard and communication has actually been established with the staff.

A vessel named 'MV LILA NORFOLK' bring goods has actually been taken control of by hijackers near Somalia's coast, and the Indian Navy is maintaining a close eye on it, army authorities confirmed on Friday. The ship has 15 Indian nationals on board, and get in touch with has been made with the team.

As per armed forces authorities, the information regarding the ship being pirated off Somalia shore was received on Thursday evening. Moreover, the Indian Navy aircraft have been keeping a watch on the ship.

Indian Navy Secures Crew, Including 15 Indians, on ...



Additionally, the Indian Navy is releasing its warship, INS Chennai, to challenge the hijackers and address the circumstance.

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